Business Forum in Tashkent Strengthens Uzbekistan-UAE Economic Ties
Tashkent, The Gulf Observer: A significant business forum was held in Tashkent, welcoming a delegation of business leaders from the Abu Dhabi Chamber of Commerce and Industry. The event was organized by the Ministry of Foreign Affairs of Uzbekistan in collaboration with the Embassy of Uzbekistan in Abu Dhabi.
The forum featured notable attendees, including Dilshod Rasulov, Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan; Ali Saeed Bin Harmal Aldhaheri, First Vice Chairman of the Abu Dhabi Chamber of Commerce Board of Directors; and Humaid Mohamed Ben Salem, Secretary General of the Federation of UAE Chambers of Commerce and Industry. The event also drew the participation of heads from relevant ministries and agencies, industry associations, and representatives from both countries.
The primary objective of the forum was to enhance bilateral relations between the business communities of Uzbekistan and the UAE, emphasizing the crucial role these relationships play in advancing investment and trade-economic cooperation. Discussions centered around attracting investments, showcasing Uzbekistan’s potential in priority sectors, and exploring promising business ideas.
Key sectors for potential investment were highlighted, including industry, innovation, education, tourism, transport and logistics, textiles, construction, agriculture, and food production. Notably, it was mentioned that over 320 enterprises in Uzbekistan currently operate with UAE capital, comprising 120 joint ventures and more than 200 foreign enterprises.
The forum also facilitated B2B meetings between UAE businesspeople and local entrepreneurs from Tashkent, fostering networking and collaborative opportunities.
In addition to the forum, the UAE delegation is scheduled to engage in meetings with various ministries and agencies of Uzbekistan, as well as visit free economic zones, industrial areas, and production facilities throughout their visit, further strengthening the economic ties between the two nations.