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    Uzbekistan

    Uzbekistan and Italy sign agreements on investment, migration, and sustainability

    Uzbekistan and Italy sign agreements on investment, migration, and sustainability

    Uzbekistan and Italy have taken a step toward deepening their strategic ties following high-level talks held in Samarkand. President Shavkat Mirziyoyev and Italian Prime Minister Giorgia Meloni adopted a joint declaration on strengthening the strategic partnership between the two countries. 

    Source: Presidential Press Service
    Source: Presidential Press Service

     

    As part of the official visit, a wide range of agreements were signed to enhance collaboration in key areas. An agreement on the promotion and mutual protection of investments aims to create a secure and favorable environment for businesses operating between the two countries. 

    Another agreement focuses on cooperation in the field of strategically important raw materials, supporting long-term supply chain stability and joint development initiatives.

    The two sides also signed an agreement on migration and freedom of movement, reflecting their intent to address migration issues through shared approaches. 

    Source: Presidential Press Service
    Source: Presidential Press Service

     

    In the field of environmental protection and cultural preservation, both countries committed to working together on sustainable development, environmental initiatives, and the safeguarding of cultural heritage.

    Green development was a central theme of the visit. Uzbekistan will collaborate with Italy’s Climate Fund and Agricultural Confederation, as well as with Italian companies Sogesid and Ansaldo, to launch and support environmentally friendly projects. These partnerships are expected to boost innovation and promote climate resilience in both countries.

    Source: Presidential Press Service
    Source: Presidential Press Service

     

    Academic and research cooperation also featured prominently. A ceremony was held to exchange partnership agreements with the universities of Tuscany, Pisa, and Turin. 

    Additionally, a number of documents were signed with the Italian National Research Center, SIMEST, Danieli Group, the University of Perugia, and other institutions. These agreements will expand academic exchanges, joint research, and capacity-building programs.

    Trade between Uzbekistan and Italy has seen substantial growth, increasing from $172.2mn in 2017 to almost $438mn in 2024. In the first four months of 2025, trade turnover reached $142.8mn, showing a slight decrease compared to $145.8mn in the same period of 2024 and $159mn in 2023. Italian investments span various industries such as energy, agriculture, and tourism, facilitated by regular direct flights between Tashkent and the Italian cities of Milan and Rome.

     

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    29 May, 14:35   Comments (0)   214
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    #Uzbekistan#Italy#invest#migration#sustainability#ESG

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