The Chamber of Commerce and Industry of Uzbekistan hosted a meeting dedicated to the opening of Uzbekistan – India Entrepreneurship Development Center on December 24.

The event was attended by Adkham Ikramov, the Chairman of the Chamber of Commerce and Industry of Uzbekistan, Sunil Shukla, Director of the Entrepreneurship Development Institute of India, Vinod Kumar, Ambassador Extraordinary and Plenipotentiary of India to Uzbekistan and representatives of business circles.

The primary objectives of establishing the Center are the followings:

- improving corporate governance in the country;

- encouraging participation of human capital in implementation of advanced international models and standards in this issue.

The Indian government has allotted over $800 thousand for financing the Center. It will promote the introduction of modern approaches and scientific achievements in retraining and advanced training of personnel in entrepreneurship. The Center will also develop recommendations for representatives of business circles, analyzing the results of research, supporting scientific developments serving to the effectiveness of activity of industrial and business entities.

Uzbekistan – India Entrepreneurship Development Center is equipped with modern information and communication technologies.

Experience sharing programs and practices, as well as roundtables, workshops and conferences on training business leaders in a competitive economy will be organized here for local, Indian entrepreneurs as well as entrepreneurs of companies from other countries.