error code: 523 UAE and Uzbekistan explore ways to enhance economic relations in sectors of new economy, FinTech, tourism and entrepreneurship – Business – Economy and Finance – Newsglobalarena

UAE and Uzbekistan explore ways to enhance economic relations in sectors of new economy, FinTech, tourism and entrepreneurship – Business – Economy and Finance

H.E. Bin Touq holds assembly with Minister of Funding, Trade and Commerce of Uzbekistan

 

H.E. Abdulla bin Touq Al Marri, Minister of Economic system, held a gathering with H.E. Laziz Kudratov, Minister of Funding, Trade and Commerce of Uzbekistan, to discover the means to strengthen collaboration throughout a variety of financial and developmental sectors. These embrace the brand new economic system, tourism, entrepreneurship, small and medium-sized enterprises (SMEs), FinTech, innovation, transportation, renewable vitality, logistics providers, and agriculture.

H.E. Bin Touq acknowledged that the UAE and Uzbekistan relations function thriving mannequin for financial partnerships primarily based on shared pursuits and future views, underlining the stable strategic relations and fruitful cooperation shared by the 2 nations in numerous fields of shared curiosity.

H.E. Bin Touq mentioned: “We see Uzbekistan as a promising financial accomplice in Central Asia. The newest assembly with the Uzbek delegation demonstrates our shared dedication to enhancing partnerships in superior and sustainable financial sectors. It additionally affords an avenue for fostering stronger coordination and mutual understanding, which performs an important position within the development and prosperity of each economies.”

H.E. highlighted that due to its enticing financial surroundings and versatile financial laws, the UAE serves as a strategic platform for Uzbek companies to entry world markets and leverage the nation’s expansive community of worldwide partnerships.

H.E. Bin Touq emphasised some great benefits of the UAE economic system and the advantages provided by the UAE to buyers and enterprise homeowners throughout completely different sectors together with tourism, household enterprises, e-commerce, manufacturing, sustainable transportation, and expertise. H.E. additionally harassed the superior infrastructure, distinguished initiatives, and nationwide methods that bolster the nation’s new financial mannequin. The importance of fostering stronger connections between the 2 non-public sectors to develop top-notch initiatives that contribute in direction of the achievement of shared financial objectives was additionally highlighted.

The assembly positioned explicit emphasis on fostering partnerships in renewable vitality, expertise, transportation, logistics providers, agriculture, and meals safety. The discussions additionally famous the importance of supporting the non-public sector in each nations and exchanging data on this essential area. Moreover, it make clear the joint efforts exerted through the UAE-Uzbekistan Joint Financial Committee (JEC), a key platform for advancing bilateral relations.

On the finish of the assembly, H.E. Bin Touq invited the Uzbek delegation to attend the fourth version of Investopia, scheduled to be held subsequent month. The occasion will function a key platform to discover the promising alternatives that the UAE affords to world buyers, whereas additionally increasing collaboration throughout various financial sectors.

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