The portfolio of investment projects involving leading European companies in Uzbekistan has surpassed €30bn, a milestone highlighted in a meeting on April 3 between President Shavkat Mirziyoyev and António Costa, President of the European Council, and Ursula von der Leyen, President of the European Commission, during their visit to Uzbekistan for the Samarkand Summit.
The meeting focused on further strengthening the multifaceted cooperation between Uzbekistan and the European Union, particularly in trade, investment, and economic sectors.
The leaders discussed the progress made in fostering active dialogues and productive exchanges at various levels. Notably, they highlighted the success of institutional mechanisms for practical cooperation between the two sides. An agreement to enhance partnership and cooperation is set to be signed soon.
Uzbekistan's trade with EU member states continues to grow, and the country remains a key beneficiary of the European Bank for Reconstruction and Development (EBRD). A regional office of the European Investment Bank (EIB) is also being established in Tashkent.
The EU leaders expressed strong support for Uzbekistan's ongoing economic reforms, aimed at building a new and progressive Uzbekistan. They also commended the country's policy of strengthening good neighborliness and fostering trust and partnership in Central Asia.
The discussions centered on promoting cooperation in various sectors, including innovation, green energy, mining, agriculture, transport, logistics, and digitalization. The leaders also underscored the importance of continued exchanges in tourism, culture, science, education, and healthcare.
The agenda also included the upcoming high-level summit in the "Central Asia - European Union" format and the prospects for stronger interconnection between the two regions, particularly through Europe’s "Global Gateway" strategy.
The leaders also exchanged views on supporting the socio-economic development of Afghanistan and regional cooperation.
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