The Uzbek-British Trade and Industry Council (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.
UBTIC has approximately 130 members – British companies and organisations, 437 companies with British capital are operating in diverse sectors of Uzbek economy, and more than 110 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. UBTIC meets annually, in alternate capitals – in Tashkent and London.