Ongoing and potential investment projects between Uzbekistan and the UAE are valued at $20 billion.
This was revealed during a meeting between Uzbekistan’s President Shavkat Mirziyoyev and a UAE delegation led by Deputy Prime Minister, Minister of Defense and Crown Prince of the Emirate of Dubai Sheikh Hamdan bin Mohammed Al Maktoum.
The Emirati delegation includes Minister of Cabinet Affairs Mohammed bin Abdullah Al Gergawi, Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei, and Minister of Economy Abdullah bin Touk Al Marri. and Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence and Digital Economy. .
The parties noted that trade volume increased by 21% in 2023, reaching $626 million. Currently, more than 320 Emirati-owned companies operate in Uzbekistan.
Participants also considered further developing multidimensional partnerships, promoting economic and investment cooperation, and strengthening practical exchanges in the defense sector. The conference will emphasize creating a new long-term agenda for mutually beneficial cooperation in key areas such as investment, innovative development, green energy, infrastructure, education, healthcare, ecology, digital transformation and tourism. It was done.
Both sides agreed to adopt a “roadmap” for developing comprehensive cooperation in strategic areas.
News.AZ