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UAE and Uzbekistan explore ways to enhance economic
relations in sectors of new economy, FinTech, tourism and

entrepreneurship

13/01/2025

H.E. Bin Touq holds meeting with Minister of Investment, Industry and Trade of Uzbekistan

Abu Dhabi, 13 January 2025 - H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with H.E. Laziz Kudratov, Minister
of Investment, Industry and Trade of Uzbekistan, to explore the means to strengthen collaboration across a wide range of economic
and developmental sectors. These include the new economy, tourism, entrepreneurship, small and medium-sized enterprises
(SMEs), FinTech, innovation, transportation, renewable energy, logistics services, and agriculture.
H.E. Bin Touq stated that the UAE and Uzbekistan relations serve as thriving model for economic partnerships based on shared
interests and future perspectives, underlining the solid strategic relations and fruitful cooperation shared by the two countries in
various fields of shared interest.
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.
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