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Prospects for creation of export production hub in Uzbekistan
2019-02-18 | Economics
On February 18, the Ambassador of Uzbekistan to Malaysia Ravshan Usmanov met with the Deputy Director at Malaysian Palm Oil Council – MPOC Faisal Iqbal.
According to the Ministry of Foreign Affairs of Uzbekistan, the state and prospects of trade-economic cooperation development were discussed.
MPOC’s mission is to promote the market expansion of Malaysian palm oil and its products by enhancing the image of palm oil and creating better acceptance of palm oil through awareness of various technological and economic advantages and environmental sustainability. The organization has offices in all states of Malaysia, as well as in the United States, Belgium, Turkey, Russia, China, India, Pakistan, Bangladesh, Egypt and Ghana.
Following the negotiations, an agreement was reached on organizing the visit of the major palm oil producers of Malaysia led by the leadership of MPOC to Uzbekistan, in March 2019.
In Uzbekistan, MPOC delegation plans to explore the logistics possibilities for creating a hub for deep processing and in-bulk production of palm oil for further export of finished products to Central Asian and the CIS countries.
Source: UzA
