Uzbekistan has signed a memorandum of understanding (MoU) with China National Gold Group (CNGG), paving the way for deeper cooperation in the exploration and development of precious and critical mineral resources.
The agreement was reached during a high-level visit to China, where Uzbekistan’s Deputy Prime Minister Jamshid Khodjayev led a delegation for talks with the management of the state-owned Chinese gold mining giant.
Signed by Deputy Minister of Geology and Mining Ural Yusupov on behalf of Uzbekistan, the document outlines plans for joint geological exploration of promising mineral-rich sites.
CNGG will work alongside Uzbekistan’s Ministry of Geology and Mining Industry to extract and process not only gold but also critical minerals, with a focus on producing high-value-added products.
The cooperation also includes technology transfer, with CNGG committing to introduce advanced mining and processing technologies into Uzbekistan. Furthermore, the partnership aims to build local capacity by training specialists in the sector.
Another key component of the agreement involves attracting international investment for priority mining projects across the country.
The initiative is part of Uzbekistan’s broader strategy to modernize its mining sector, boost value-added production, and tap into global demand for critical minerals essential for green technologies and high-tech industries.
Uzbekistan’s trade with China totaled $6.56bn in the first half of 2025, rising from $5.89bn in 2024 and $5.30bn in 2023. China accounted for 17.7% of Uzbekistan’s total trade during the period.
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