Uzbekistan and Qatar to Tap into Colossal Cooperation Potential in the Near Future
2024-11-11 18:00:00 / News
On November 10-11, a delegation from Uzbekistan, led by Laziz Kudratov, Minister of Investment, Industry, and Trade, conducted a working visit to Qatar.
During the visit, the Uzbek delegation participated in the inaugural meeting of the Intergovernmental Commission on Economic Cooperation and attended the Uzbek-Qatari Business Forum, engaging in discussions with leaders from Qatar's key companies.
In his opening remarks at the commission meeting, Laziz Kudratov emphasized the importance of fully unlocking the potential of Uzbek-Qatari cooperation in IT, trade, investment, agriculture, environmental protection, transport and logistics, education and healthcare, as well as culture, tourism, and sports.
The dialogue resulted in a thorough examination of the main directions of bilateral cooperation, a broad range of issues, and concrete plans to progressively expand partnership.
Sheikh Mohammed Al Thani, Minister of Commerce and Industry of Qatar, also noted the notable rise in trade and economic cooperation, Qatari businesses’ trust in Uzbekistan, and expressed readiness to support and add new initiatives to the cooperation agenda.
The Uzbek-Qatari Business Forum then gathered over 100 representatives from leading companies of both countries. The Uzbek delegation showcased unique investment opportunities in Uzbekistan, presenting mutually beneficial projects in promising fields: textiles, food production, agriculture, mining, metallurgy, energy, petrochemicals, healthcare, pharmaceuticals, transport, and logistics, alongside opportunities available through Uzbekistan’s privatization program.
Uzbekistan expressed its commitment to providing support at every stage, from identifying investment opportunities to establishing and developing businesses.
On the sidelines of the visit, Laziz Kudratov also met with executives from major Qatari companies specializing spheres of gas chemistry, energy, IT, healthcare, tourism, livestock, and construction materials.
Both sides agreed that the visit’s results highlight Uzbekistan's successful reforms, strong investment climate, and the confidence of investors ready to contribute to Uzbekistan's wide range of sectors.