Page 590 - MOE ENGLISH PR REPORT - JANUARY 2025

1/21/25, 1:33 PM UAE, Uzbekistan explore ways to enhance economic relations - www.lokmattimes.com
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."

He 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.

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.

He 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 achieving 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, 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 the UAE offers to global investors, while also expanding collaboration across diverse
economic sectors. (ANI/WAM)

https://www.lokmattimes.com/international/uae-uzbekistan-explore-ways-to-enhance-economic-relations/ 2/2