TASHKENT, Uzbekistan, April 18. Uzbekistan and
the US companies signed agreements on critical minerals, Trend reports.
The news follows a meeting between a delegation from the
Ministry of Investment, Industry, and Trade (MIIT) of Uzbekistan,
led by Minister Laziz Kudratov, and the US companies.
The MIIT delegation presented tailored investment proposals and
highlighted the favorable business environment in Uzbekistan.
Several US companies praised the country’s ongoing reforms and
expressed interest in expanding their operations in Uzbekistan.
The discussions led to the signing of agreements in the field of
critical minerals that include investments in exploration and
mining, construction of high-pressure grinding (HPGR) complexes,
adoption of advanced technologies, and value-addition of critical
raw materials. These agreements also include plans to upgrade the
skills of Uzbek specialists.
Moreover, deadlines were set for the implementation of new
projects in Uzbekistan’s tourism sector, specifically the
construction of hotels, further enhancing the country’s hospitality
infrastructure.
The agreements are supported by formal contracts, with dedicated
project managers assigned to oversee the successful implementation
of each initiative. The MIIT delegation’s visit continues, with
further efforts to solidify partnerships between Uzbekistan and the
US.