21 October 2024

Minister of Investment, Industry and Trade conducted a meeting with EU Ambassador to the Republic of Uzbekistan

On October 19th of this year, Laziz Kudratov, Minister of Investment, Industry and Trade of the Republic of Uzbekistan, conducted a meeting with Toivo Klaar, EU Ambassador to the Republic of Uzbekistan, the press service of the Ministry reports. The focus of the discussion was on the current state and prospects for increasing bilateral cooperation in priority economic areas.


The parties noted a consistent growth in investment cooperation. Currently, there are 997 enterprises operating in Uzbekistan with European investment participation. At the same time, there is significant untapped potential for further development of interaction. In this context, the parties thoroughly discussed the practical aspects of implementing previously agreed projects in the fields of geology, energy, and chemical industry. They emphasized a readiness to provide comprehensive support measures for new joint investment initiatives on a mutual basis.

During the conversation, a schedule and the main organizational details of joint events for 2024-2025 were also agreed upon.

Following the meeting, both parties reaffirmed their strong commitment to further deepening and expanding active interaction in all discussed directions of the multifaceted partnership.