TASHKENT, Uzbekistan, January 31. Mongolia expressed interest in Uzbekistan's energy sector reforms and green energy projects, Trend reports.
The news follows a meeting between the Deputy Minister of Economy and Finance of Uzbekistan Ilkhom Umrzakov and a Mongolian delegation to discuss significant reforms in the energy sector.
The delegation, led by Jambaa Lkhagva, Energy Advisor to the Deputy Prime Minister of Mongolia, included top officials such as Irmuun Demberel, Advisor to the Prime Minister, and Yeren-Ulzii Batmunkh, Director-General of Strategy and Planning at the Ministry of Finance.
The Mongolian delegation was especially captivated by Uzbekistan's energy tariff creation strategy, which they said helped stabilize the market and promote long-term growth. Since both nations were dedicated to cutting carbon emissions and maintaining ecological harmony, energy security and the shift to renewable energy sources were also topics of conversation.
During the talks, it was noted that green energy projects emerged as a priority area, with both sides eager to explore opportunities for joint initiatives. Mongolia showed enthusiasm for adopting Uzbekistan’s successful experiences with public-private partnerships (PPPs), highlighting the potential for collaboration in this field.
At the end of the meeting, both Uzbekistan and Mongolia reaffirmed their mutual desire to deepen bilateral cooperation, focusing on energy reforms, sustainable technologies, and the long-term development of their economies.
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