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1/21/25, 1:23 PM UAE, Uzbekistan explore ways to enhance economic relations - Business Today Middle East
UAE, Uzbekistan explore ways to enhance

economic relations

Staff writer

Politics & Economics January 13, 2025 No Comments

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Abdulla bin Touq Al Marri, 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 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

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