The President of Uzbekistan called on European business to expand mutually beneficial cooperation

As part of the program of the official visit to Belgium, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a round table with the heads of leading European companies and banks.

The meeting was attended by European Commissioner for Enlargement Martha Kos, top management of companies and corporations such as Vandewiele, Linde, Rhenus Logistics, Ahlers Logistics, Lasselsberger Group, Pietro Fiorentini, NextChem, Meridiam, SUEZ, FMO, European Investment Bank, Commerzbank, KfW, Textima, Chimcomplex, Metso and others.

The head of our state especially noted that the participation in the event of leading European companies reflects a high level of mutual trust and a mutual desire to strengthen interaction.

It was emphasized that the signing of the Enhanced Partnership and Cooperation Agreement will open a new chapter in relations between Uzbekistan and the EU.

Over the past seven years, trade turnover has doubled, and the number of joint ventures with the participation of the European capital exceeded a thousand. These indicators indicate growing investor confidence in economic reforms in Uzbekistan.

The support of European partners in modernizing the economy of Uzbekistan and carrying out deep economic reforms, introducing advanced technologies, corporate governance standards and developing innovative production was especially noted.

The President paid special attention to the development of human capital. Young people's access to higher education has been significantly expanded - new universities have been created, branches of foreign universities have been opened, and joint educational programs are being implemented with European partners.

During the meeting, the head of state outlined four key areas for further deepening cooperation.

Uzbekistan is interested in the joint implementation of projects for the production of finished products with high added value through the development and deep processing of strategic raw materials and minerals within the country.

The “green” economy is also a promising area for cooperation and chemical industry. The country is actively introducing renewable energy and modernizing its energy system. European partners are invited to participate in projects of “green” generation, energy storage and green chemistry.

The development of infrastructure and logistics is also identified as a priority. Uzbekistan is modernizing its transport network, including highways, railways and airports. The country is ready for joint projects to develop transit routes and create modern logistics centers connecting Europe and Asia.

Special attention is paid to the digital economy and information technology. Uzbekistan is developing IT parks and startup incubators, and is ready to cooperate with European companies in the field of artificial intelligence and cybersecurity.

In turn, the round table participants highly appreciated the transparent and stable conditions for investment created in our country, and also confirmed their readiness to participate in the implementation of new joint projects and initiatives in our country.

Official website of the President of the Republic of Uzbekistan