Uzbek-German business forum

At the capital of Uzbekistan from 5 to 6 July 2022 was held the Uzbek-German business forum with the participation of the Prime Minister of the Republic of Uzbekistan Aripov Abdulla Nigmatovich. Leitmotif of the event, which was attended by about 250 delegates, was the development of Uzbek-German economic cooperation in the field of high technologies, industry and logistics.

The President of Edison Technologies Company Edison Kasapoglu also took an active part in this forum.

Opening the plenary session, Aripov A.N. noted that Germany is one of the most important partners of Uzbekistan and highly appreciated the level of trade and economic cooperation and the prospects for bilateral cooperation. In his speech, he emphasized that the strategic initiatives of the country’s leadership since independence have been aimed at qualitative diversification of the economy, technological modernization of basic industries and the development of human capital.

The Prime Minister called on German investors to cooperate and stressed that Uzbekistan is interested in attracting German investments in all significant sectors in order to modernize existing enterprises, as well as create new high-tech industries.

Member of the Board of the Eastern Committee of the German Economy and Speaker of the Country Team for Central Asia Manfred Grundke, as well as Managing Director of the Eastern Committee of the German Economy Michael Harms acted as speakers at the forum.

In his speech, Manfred Grundke, the Member of the Board of the Eastern Committee of the German Economy and Speaker of the Country Team for Central Asia, emphasized that in the thirtieth year, German-Uzbek economic relations reached a high level: “Uzbekistan is certainly Germany’s most important trading partner in Central Asia. Thanks to their technological solutions and know-how, German companies increase productivity in all sectors of the economy. Together we can and will achieve much more. For us, Uzbekistan is much more than a supplier of raw materials. We are convinced that Uzbekistan can reap the most sustainable benefits from diversified development”.

Managing Director of the Eastern Committee of the German Economy Michael Harms noted the huge potential of Uzbekistan in all areas of the economy.

On the sidelines of the forum, Edison Technologies Company signed a Memorandum of Understanding with the Agency for the Development of the Pharmaceutical Industry under the Ministry of Health of the Republic of Uzbekistan.

Memorandum notes that Edison Technologies Company intends to implement an investment project for the design and construction of a medical industrial complex for the production of disposable medical products such as surgical suture material, hemodialysis filters, blood plasma packages, saline solutions, catheters and systems. Based on the memorandum, the company will prepare a feasibility study for the project and, after agreement with the Uzbek side, will implement this project.

Also, within the framework of the last forum, the Minister of Health of Uzbekistan Musayev Behzod Anvarovich and the General Director of the Agency for the Development of the Pharmaceutical Industry of Uzbekistan Kariyev Sardor Hikmatovich held bilateral negotiations with the President of Edison Technologies Company, where they discussed in detail all issues related to the implementation of the investment project.

On the evening of July 5, 2022, on behalf of the government of Uzbekistan, for the German delegation were given a festive concert and dinner.

Kazakh-German business forum

From May 12 to May 15, the Kazakh-German business forum was held in the capital of Kazakhstan with the participation of the First Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar. Leitmotif of the event, which was attended by about 250 delegates, was the development of Kazakh-German economic cooperation in the field of high technologies, green economy and logistics.

Edison Kasapoglu, the President of Edison Technologies Company, also took an active part in this forum.

Opening the plenary session, Roman Sklyar noted that Germany is one of the most important partners of Kazakhstan and highly appreciated the level of trade and economic cooperation and the prospects for bilateral cooperation. In his speech, he emphasized that the strategic initiatives of the country’s leadership since independence have been aimed at qualitative diversification of the economy, technological modernization of basic industries and the development of human capital.

According to the First Deputy Prime Minister, Kazakhstan, having such factors as diversified energy sources, logistics and significant natural resources, has a significant potential for the production and subsequent export of “green” energy. Speaker called on German investors to cooperate and stressed that Kazakhstan is interested in attracting German investments in digital technologies in order to modernize existing enterprises, as well as create new high-tech industries.

In his speech, Manfred Grundke, Member of the Board of the Eastern Committee of the German Economy and Speaker of the Country Team for Central Asia, emphasized that in the thirtieth year, German-Kazakh economic relations reached a high level: “Kazakhstan is, of course, Germany’s most important trading partner in Central Asia. Thanks to their technological solutions and know-how, German companies increase productivity in all sectors of the economy. Together we can and will achieve much more. For us, Kazakhstan is much more than a supplier of raw materials. We are convinced that Kazakhstan can reap the most sustainable benefits from diversified development”.

Manfred Grundke also noted that agriculture, logistics, digitalization, as well as industrial production are just some of the industries that can take Kazakhstan to a new economic level. Processes aimed at creating such a breakthrough are already underway. Government of Kazakhstan aims to ensure a sustainable inflow of innovation and capital through the creation of a favorable investment climate and state investor support programs.

Michael Harms, Managing Director of the Eastern Committee of the German Economy, noted the huge potential of Kazakhstan in the field of renewable energy, which can be of help to the German economy in its transition to a green economy, in the process of decarbonization and digitalization.