By Russian President
SHUSHA, Azerbaijan, July 2. Chairperson of the
Chamber of Commerce and Industry of Uzbekistan, Davron Vahabov, has
proposed to establish an ECO investment fund to support the joint
production of infrastructure projects, Trend’s Karabakh bureau reports.
He made the remark during the 6th ECO Business Forum on
鈥淚nvestment and Trade Promotion as a Catalyst for Sustainable
Development in the ECO region.鈥
According to him, the fund can become a financing tool for
launching industrial zones, logistics hubs, and processing plants.
Vakhabov also suggested initiating an annual economic forum and
commodity fair of ECO countries on a rotating basis.
The official noted that this would allow systematic development
of B2B formats, presenting export potential and stimulating direct
investments.
In addition, Vakhabov proposed to intensify the development and
practical implementation of the ECO platform covering electronic
certification, logistics, customs procedures, and settlements,
which is especially important for ensuring the participation of
small and medium-sized businesses in foreign trade.