The visit of the Minister of MIIT of the Republic of Uzbekistan, Laziz Kudratov, to Qatar has yielded significant progress in strengthening bilateral relations and expanding cooperation between the two nations. During his visit, Minister Kudratov held a series of meetings with high-ranking officials and representatives from prominent Qatari companies, including Muhammad al-Tani, Minister of Investments and Industry of Qatar, as well as Hassad Food, Nebras Power, FITCO Detergent, Alazizya Chemicals Factory, Qatar National Cement, Power International Holding, and Qatar's Education Above All Foundation.
Discussions with Minister Muhammad al-Tani
Minister Kudratov engaged in a productive conversation with Minister Muhammad al-Tani, focusing on the current state of joint projects and initiatives aimed at enhancing mutual cooperation in investment, trade, and economic sectors. During this meeting, both parties expressed their commitment to taking all necessary measures to strengthen business ties between Uzbekistan and Qatar, with a particular emphasis on increasing investment and industrial cooperation.
Minister al-Tani remarked,
"Our discussions today have reaffirmed the strong desire of both our nations to foster economic collaboration. We are ready to work closely with Uzbekistan to boost investment and industrial partnerships."
In meetings with leaders of major Qatari companies, discussions revolved around the prospects of implementing substantial investment projects in Uzbekistan's priority sectors. Uzbekistan showcased its investment and industrial potential, highlighting the favorable conditions created for investment activities in the coming years.
Agreements and Prospective Projects
Several agreements were reached during the visit, signaling a commitment to joint investment projects. Notably, both nations agreed to collaborate and foster financial and technical cooperation in various key sectors:
Agriculture and Food Production: A joint initiative to enhance agricultural and food production capabilities was discussed, with a focus on improving agricultural infrastructure and increasing food security.
"Green" Energy: Both nations expressed interest in collaborating on renewable energy projects, demonstrating a commitment to sustainable energy solutions.
Infrastructural Development: Discussions included plans for infrastructure development projects aimed at boosting connectivity and facilitating trade between Uzbekistan and Qatar.
Household Chemicals: The talks included proposals for investment in the household chemicals sector to cater to growing consumer demands.
Construction Materials Production: Both parties explored opportunities for investment in the production of construction materials, vital for infrastructure development.
Minister Laziz Kudratov's visit to Qatar has reinforced the strong desire of both nations to foster economic cooperation and increase investment. The Qatari business community has shown significant interest in collaborating on joint projects in Uzbekistan.
Earlier Daryo reported that Mr. Laziz Kudratov, representing Uzbekistan, was elected as the Chairman of the Board of Directors of AIIB, a decision reached through a voting process.
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