Uzbek Businesses Encouraged to Enter Saudi Market

Uzbek Businesses Encouraged to Enter Saudi Market

Saudi Arabia’s Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih on Thursday concluded a two-day official visit to Uzbekistan during which he co-chaired the fifth meeting of the Saudi-Uzbek Joint Committee and attended the Tashkent International Investment Forum.

Al-Falih led a delegation of more than 60 Saudi government representatives and leading companies from the Saudi private sector, who discussed collaboration in transport, health, agriculture, trade and investments, energy, and petrochemicals.

During the visit, the minister of investment met with the Uzbekistan President Shavkat Mirziyoyev and discussed means of reinforcing partnerships and economic and investment ties between Riyadh and Tashkent.

Al-Falih also took the opportunity to stress the many similarities between Saudi Arabia and Uzbekistan, such as clear visions for progress, both nations’ young and dynamic populations and growing roles for the private sector for their respective economies.

Al-Falih also joined Uzbekistan’s Deputy Prime Minister and Minister of Investments and Foreign Trade, as well as the Minister of Agriculture, for the fifth session of the Saudi-Uzbek Joint Committee, where he highlighted the investment opportunities in the Kingdom.

“Both of our great nations have embarked on ambitious national economic diversification journeys and expansive programs of reforms,” said Al-Falih.

“We are now taking our rightful places on the international