Cooperation between the UAE and Uzbekistan in the sectors of the new economy and financial technology

The Minister of Economy, Abdullah bin Touq Al Marri, held a meeting with the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudyratov, where the two parties discussed ways to enhance joint cooperation in various economic and development sectors, especially in the sectors of the new economy, tourism, entrepreneurship, small and medium enterprises, financial technology, innovation and transportation. Renewable energy, logistics, and agriculture.

During the meeting, Abdullah bin Touq stressed that the relations between the UAE and Uzbekistan represent a successful model in building economic partnerships based on common interests and future visions, as they are united by strong strategic relations and fruitful cooperation in various fields of mutual interest, as relations between the two friendly countries witnessed during The past years have continued momentum.

Bin Touq said: “We view Uzbekistan as a promising economic partner in the Central Asian region, and the meeting with the Uzbek side reflects the mutual keenness to continue strengthening bilateral relations in advanced and sustainable economic sectors. It also constitutes an opportunity to develop aspects of UAE-Uzbek economic cooperation and raise them to higher levels.” of coordination and mutual understanding, which contributes to the growth and prosperity of the economies of the two countries.”

He pointed out that the UAE, thanks to its attractive economic environment and flexible economic legislation, is a strategic platform for Uzbek companies to enter global markets and benefit from the network of international economic relations that the country enjoys.

Bin Touq reviewed the components of the national economy and the advantages that the UAE provides to investors and entrepreneurs in the sectors of tourism, family businesses, e-commerce, manufacturing, sustainable transportation and technology, in addition to its advanced infrastructure, pioneering initiatives, and national strategies to support its new economic model. He also noted the importance of continuing to strengthen the connection between… The private sector in both countries to develop quality projects.

At the conclusion of the meeting, Abdullah bin Touq extended an invitation to the Uzbek side to attend and participate in the fourth edition of Investopia, scheduled to be held next month.