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UAE, Uzbekistan discuss strengthening economic ties

April 13, 2026 / 9:16 PM
UAE, Uzbekistan discuss strengthening economic ties
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Sharjah 24: His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy and Tourism, met a visiting Uzbek delegation in Dubai on Monday to discuss ways to expand economic and investment cooperation between the two countries.

The talks, held at the Ministry of Economy and Tourism, focused on a wide range of sectors, including the new economy, tourism, aviation, fintech, transport, renewable energy, agriculture, food security, logistics, energy, industry, infrastructure and banking.

Both sides said they wanted to build on existing ties and move towards more practical cooperation and joint investment projects.

Deputy Prime Minister and Minister of Investment and Foreign Trade, Jamshid Khodjaev, led the Uzbek delegation. He was joined by Minister of Investment, Industry and Trade Laziz Kudratov, Deputy Minister Shukhrukh Gulamov, and Deputy Minister of Transport Jasur Choriyev, alongside other officials.

Stronger economic engagement

Al Marri said the UAE and Uzbekistan continued to strengthen their economic relationship, reflecting what he described as the leadership’s commitment in both countries to broaden cooperation and open new areas for partnership.

He noted that the UAE was keen to deepen investment links with Uzbekistan and support further growth in bilateral trade and economic activity. More than 2,300 Uzbek companies are currently operating in the UAE, he said.

Focus on investment opportunities

The minister said the meeting was part of ongoing efforts to identify new opportunities in both markets and turn them into concrete partnerships.

He added that stronger links between business communities in the UAE and Uzbekistan would help increase investment flows and create new joint projects.

Tourism between the two countries has also continued to grow. Uzbek visitor numbers to the UAE rose from 57,575 in 2024 to 71,969 in 2025, an increase of nearly 25 per cent.

Business environment and policy updates

The Emirati side briefed the delegation on recent economic reforms aimed at improving the business environment, attracting new economy companies and strengthening the UAE’s position as a regional hub for investment.

The officials also highlighted recent measures designed to boost liquidity, reduce business costs, and ease customs procedures. The steps aim to bolster private sector activity and sustain steady economic growth.

Investopia Tashkent

Investopia Tashkent, organised in partnership with the Tashkent International Investment Forum, was also a topic of discussion between the two sides.

The platform is expected to focus on new economic opportunities across the UAE, Uzbekistan, and wider Asian markets and encourage closer cooperation between investors and business communities in both countries.

 

April 13, 2026 / 9:16 PM

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