The implementation of current tasks and further plans for investment cooperation were discussed

President Shavkat Mirziyoyev was reported on the progress of implementation of the agreements and further plans for investment cooperation with foreign partners, the press service of the head of our state reports.

Particular attention is paid to cooperation projects and investment programs implemented jointly with partners such as Russia, China, Qatar, Saudi Arabia and others.

As you know, on April 22-24, the international industrial exhibition “Innoprom. Central Asia” was held in the city of Tashkent, which became a striking example of successful trade and economic cooperation with the Russian Federation.

At the end of 2023, trade turnover between our countries reached almost $10 billion.

The goal is to double this volume by 2030.

More than 3 thousand joint ventures operate successfully in Uzbekistan. In 2023, more than 700 new enterprises were created. Last year, about $3 billion of Russian investments were disbursed. This year, $5 billion is expected to be disbursed.

In general, a package of agreements worth $4 billion was adopted within the framework of Innoprom.

On May 2-3, the Tashkent International Investment Forum was held with the participation of more than 2.5 thousand guests from 93 countries. As a result of business events within the forum, a solid package of investment agreements and export contracts worth $26.6 billion was signed.

These include major projects in the fields of construction, green energy, mining, infrastructure development, chemical, food, textile and healthcare.

As a result of the forum, a roadmap for the implementation of investment and trade agreements signed with foreign partners was developed. The document specifically defines all stages, deadlines and responsible persons. A roadmap has also been developed for the implementation of proposals and initiatives voiced by foreign investors during the forum, as well as at a meeting of the Council of Foreign Investors under the President.

After listening to the report, the head of our state noted the need to ensure strict control over the timely and full-scale implementation of each point of the road maps, constant dialogue and interaction with investors, creating the most favorable conditions for them and systematically resolving emerging issues during the implementation of projects.

Responsible persons have been instructed to begin preparations for the fourth Tashkent Investment Forum now, forming a package of promising projects in priority sectors of the economy.