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1/21/25, 1:39 PM UAE, Uzbekistan explore ways to enhance economic relations

UAE, Uzbekistan explore ways to enhance economic relations

ANI | Updated: Jan 13, 2025 18:24 IST

Dubai [UAE], January 13 (ANI/WAM): Abdulla bin Touq Al Marri, UAE's Minister of

Economy, held a meeting with 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.

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.

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."

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

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