TASHKENT, Uzbekistan, September 29. Uzbekistan and Qatar have signed several investment agreements in the fields of the food industry, green energy, and infrastructure development, Trend reports.
The announcement came after a meeting between Laziz Kudratov, the foreign minister of Uzbekistan, and representatives of significant Qatari businesses such Nebras Power, FITCO Detergent, Alaziziya Chemicals, Qatar National Cement, Power International, Hassad Food, etc.
The businesspeople talked on the likelihood of implementing significant investment projects in Uzbekistan's economy using Qatari direct investments. The minister cited the significant level of interest Qatar's business community has in Uzbekistan as a location for investment and regional growth.
The summit resulted in a number of agreements in the areas of green energy, infrastructure development, and agriculture and the food business. Joint initiatives to produce building supplies and home chemicals are also being considered.
Significant agreements with Saudi Arabia, France, Hungary, Singapore, Egypt, Germany, China, Italy, Qatar, and other nations have been made over the previous two years at high-level discussions.
Compared to last year, when only $40 million in investments came from these nations, $450 million were attracted this year.