Page 555 - MOE ENGLISH PR REPORT - JANUARY 2025

H.E. Bin Touq said: “We see Uzbekistan as a promising economic partner in Central

Asia. The latest meeting with the Uzbek delegation demonstrates our shared
commitment to enhancing partnerships in advanced and sustainable economic
sectors. It also offers an avenue for fostering stronger coordination and mutual
understanding, which plays a vital role in the growth and prosperity of both

economies.”

H.E. highlighted that thanks to its attractive economic environment and flexible
economic legislation, the UAE serves as a strategic platform for Uzbek businesses to
access global markets and leverage the country's expansive network of international

partnerships.

H.E. Bin Touq emphasised the advantages of the UAE economy and the benefits
offered by the UAE to investors and business owners across different sectors
including tourism, family enterprises, e-commerce, manufacturing, sustainable
transportation, and technology. H.E. also stressed the advanced infrastructure,

prominent initiatives, and national strategies that bolster the country's new economic
model. The significance of fostering stronger connections between the two private
sectors to develop top-notch initiatives that contribute towards the achievement of
shared economic goals was also highlighted.

The meeting placed particular emphasis on fostering partnerships in renewable
energy, technology, transportation, logistics services, agriculture, and food security.
The discussions also noted the significance of supporting the private sector in both
countries and exchanging knowledge in this crucial field. Additionally, it shed light on
the joint efforts exerted via the UAE-Uzbekistan Joint Economic Committee (JEC), a

key platform for advancing bilateral relations.

At the end of the meeting, H.E. Bin Touq invited the Uzbek delegation to attend the
fourth edition of Investopia, scheduled to be held next month. The event will serve as
a key platform to explore the promising opportunities that the UAE offers to global

investors, while also expanding collaboration across diverse economic sectors.

-Ends-

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