Wednesday, 22, May, 2019

President Shavkat Mirziyoyev will visit the United Arab Emirates on March 25, the UAE Minister of Economy Sultan bin Saeed Al Mansoori said at the third meeting of the Uzbekistan-UAE Intergovernmental Commission for Economic, Trade and Technical Cooperation Tuesday.

One of the key issues at the meeting was the discussion of further steps to boost investments and the formation of the investment portfolio of the US$ 1 billion joint investment fund, founded by the Uzbekistan Fund for Reconstruction and Development and Abu-Dhabi Development Fund.

The UAE officials underscored that the Uzbekistan’s investment attractiveness is steadily improving thanks to the current reforms.

Also, the sides discussed cooperation in the field of geological exploration, production and processing of hydrocarbons with UAE’s Mubadala, consultancy by ADNOC and renewable energy projects with Masdar copmanies.

The third meeting of the Intergovernmental Commission on Economic, Trade and Technical Cooperation also marked the opening of the Dubai-Tashkent flight to be operated by FlyDubai as of March 11.

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