BAKU, Azerbaijan, October 2. Uzbekistan and
Oman discussed prospects for expanding bilateral trade and
investment, strengthening industrial cooperation, and enhancing
transport connectivity during a visit to Muscat by a delegation led
by Minister of Investment, Industry and Trade Laziz Kudratov from
September 30 to October 2.
This was reflected in the statement by the Ministry of
Investment, Industry and Trade of Uzbekistan.
According to the Ministry, in the course of the meeting,
Kudratov held talks with Oman’s Minister of Economy Khamis bin Saif
Al Jabri and Minister of Commerce, Industry and Investment
Promotion Anwar bin Hilal Al Jabri. The sides reviewed
opportunities to increase trade and investment, develop industrial
cooperation and strengthen transport and logistics corridors.
“Uzbekistan is interested in expanding economic cooperation with
Oman across trade, investment, industry, energy and logistics,
while creating new opportunities for businesses from both
countries,” the Uzbek side said.
The Uzbek delegation also held meetings with Omani companies
operating in logistics, energy, petrochemicals, electrical
engineering, mining, banking and tourism. Discussions covered the
development of new production and logistics facilities, export
routes, energy storage systems, data centers, raw-material
processing and direct supplies.
Particular attention was given to strengthening the legal
framework for bilateral economic ties. The sides agreed to work on
preferential trade and investment protection agreements, as well as
cooperation on transport corridors and joint investment
projects.
Moreover, Uzbekistan and Oman plan to organize a business forum,
an exhibition showcasing Uzbekistan’s investment and economic
potential, and meetings between major companies from the two
countries.
The agreements reached during the visit are expected to provide
a framework for expanding private-sector ties and developing new
investment and trade projects across multiple sectors.
