The Uzbek-British Trade and Industry Council (UBTIC) is a high-level platform for bilateral economic cooperation.
The UBTIC is a government sponsored trade promotion body, which supports and assists UK businesses who are interested in or already operating or investing in Uzbekistan. It comes under the umbrella of the British Government’s overseas trade organisation (UKTI) for the UK side and Ministry of Foreign Economic Relations, Investments & Trade (MFERIT) of the Republic of Uzbekistan for Uzbek side.
The UBTIC co-chaired by HE Mr Elyor Ganiev, Minister of Foreign Economic Relations, Investments and Trade of Uzbekistan and Dame Barbara Hey from the British side.
The UBTIC has almost 200 members British companies and organisations, 567 companies with British capital are operating in diverse sectors of Uzbek economy, and more than 73 companies with 100% British capital were registered in Uzbekistan.
The UBTIC and its meetings provides an invaluable opportunity for companies to learn about market opportunities, economic developments and government plans, to meet ministers and officials, and to learn from each others’ progress and experience.
The UBTIC meets annually, in alternate capitals – in Tashkent and London. Since 1994, UBTIC held more than 20 annual sessions.
The 23rd UBTIC Session was held on 17th November 2016 in Tashkent. The next 24th Session will take place in November 2017 in London.