On January 15, in Abu Dhabi, President of Uzbekistan Shavkat Mirziyoyev and President of the United Arab Emirates Sheikh Mohamed Al Nahyan held talks to discuss key issues of further deepening Uzbek-Emirati relations of friendship and multifaceted cooperation, including in political, trade and economic, investment, innovation, cultural, humanitarian and other priority spheres.
The parties emphasized that the Uzbek leader’s visit to the UAE opens a new page in the history of bilateral relations as they are reaching the level of strategic partnership.
The sides noted with satisfaction that bilateral trade and investments and the number of joint ventures have surged in recent years. The frequency of direct flights has increased, and a visa-free regime has been introduced.
As part of the visit, a solid portfolio of new projects with leading Emirati companies, mainly in high-tech industries, was formed.
The leaders of the two countries identified six key areas of the new model of economic cooperation in such key areas as artificial intelligence, digitalization, green energy, urban development and infrastructure, tourism, and private business. An agreement was reached to establish separate working groups for each priority vector of cooperation.
The sides supported the proposal to declare 2025-2027 a “New Era of Economic Partnership between Uzbekistan and the UAE”.
In this context, the key task is to adopt measures aimed at increasing mutual trade by 10 times by 2030 and bringing the investment portfolio to $50 billion.
The sides expressed interest in further strengthening ties between business circles of the two countries and expanding investment activities of Emirati companies in Uzbekistan.
During the talks, preparations for upcoming summit events were discussed, including the second dialogue summit “Central Asia – Gulf Cooperation Council” scheduled for this year in the city of Samarkand.
Photo: president.uz
