Companies from Castilla-La Mancha explore business opportunities in Uzbekistan and Georgia with the support of IPEX

Four companies from the region, dedicated to ceramic products, tubes and metal structures, lighting and chemical products, are participating in this initiative.

The mission began in Taskent, the capital of Uzbekistan, where companies have held meetings on September 16 and 17, and will continue in Tbilisi, Georgia, from September 18 to 19. In addition, some of the participating companies will expand their business meetings in Kazakhstan.

This type of trade missions allows companies to explore emerging markets in Central Asia and the Caucasus, regions that are gaining prominence in the trade balance between Europe and Asia. Uzbekistan and Georgia have seen significant growth in recent years, with Uzbekistan recording 5,8% growth in 2023, and Georgia maintaining a 5,5% increase over the same period.

Uzbekistan, with 35 million inhabitants, has established itself as the second largest economy in Central Asia, playing a key role in the «New Silk Road"His government is implementing reforms to boost foreign trade and investment, with the support of international financial institutions. In this context, industrial sectors, such as machinery and mechanical appliances, represent significant opportunities for Spanish exports."

For its part, Georgia, with its strategic location between Europe and Asia, acts as an important logistics transit hub and has shown stable economic growth. Investments in infrastructure, energy, tourism and agriculture offer opportunities for exporting companies in these sectors.

IPEX emphasizes the importance of these missions in opening new opportunities for Spanish companies in less traditional markets. "Institutional support is crucial in emerging markets, where market research and local knowledge are fundamental to business success," sources from the IPEX highlighted. IPEX.

These sectoral promotion actions allow companies from Castilla-La Mancha to position themselves in key regions for global economic development in the next decade.