TASHKENT, Uzbekistan, October 23. Uzbekistan and Saudi Arabia sign new intergovernmental agreement on air communication, Trend reports.
The document was signed within the framework of the ICAO ICAN-2024 international event, dedicated to negotiations on air communication, which is held in Kuala Lumpur.
The delegation of Uzbekistan's Ministry of Transport, headed by the director of the Uzaviation Agency Tokhir Nazarov takes part in the international event.
Meanwhile, the volume of Saudi Arabia's investment portfolio in Uzbekistan reached $24.1 billion. The country has rolled out 34 investment projects in Uzbekistan.
A total of thirteen projects spanning transportation, digitization, infrastructure, healthcare, and energy will receive an additional $1.5 billion in Uzbekistan this year, bringing the total investment to $2.5 billion.
In 2023, Uzbekistan and Saudi Arabia signed an array of comprehensive agreements totaling $23 billion.
To note, Ministry of Transport Malaysia is hosting the sixteenth ICAO Air Services Negotiation (ICAN2024) from 21 through 25 October 2024. The hybrid event in Kuala Lumpur, Malaysia, provides states, either on-site or remotely, with a central meeting place to conduct bilateral, regional, or plurilateral air services negotiations and consultations and networking opportunities for policymakers, regulators, air operators, service providers, and other stakeholders.