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Turkish company eyes collaboration in Uzbekistan’s jewelry industry

TASHKENT, Uzbekistan, September 14. Türkiye’s Gürok Holding has expressed strong interest in partnering within Uzbekistan's jewelry industry, TurkicWorld reports.

This was revealed at a meeting between the Deputy Director of the Department of International Relations of Uzbekistan’s Ministry of Economy and Finance, Shukhrat Matkarimov, and the delegation led by the Director of Business Development of Gürok Holding, Omer Alagoz.

During the meeting, the sides discussed promising projects for the development of the jewelry industry in Uzbekistan and issues of attracting large Turkish companies to these projects. In this regard, Uzbekistan presented information to the company about the reforms being carried out in this area and the opportunities created in the country.

The Turkish delegation visited major jewelry manufacturers and jewelry stores in Uzbekistan.

Following the meeting, the sides agreed that the jewelry specialists of Gürok Holding will visit Uzbekistan in the first decade of October.

Meanwhile, Uzbekistan’s foreign trade turnover volume with Türkiye amounted to $1.6 billion from January through July 2024. This figure has decreased by 12.5 percent year-on-year ($1.8 billion in January–July 2023).

Türkiye ranked fourth among the countries with the largest volume of foreign trade turnover in Uzbekistan.

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