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The UAE and Uzbekistan ramped up economic partnerships during the latest session of their joint economic committee, focusing on expanding into new and sustainable economic sectors. The two countries inked agreements across sectors like tech and AI, trade, and wastewater treatment.
TECH-
The Investment Ministry and Uzbekistan’s Digital Technologies Ministry signed an MoU to co-invest in digital infrastructure in Uzbekistan, focusing on promoting investments in data center and artificial intelligence projects in Uzbekistan, Wam reports. The agreement also looks to attract major cloud service providers to the country, develop language models specific to Uzbekistan, and establish a local talent ecosystem for AI and computing.
The countries also agreed to swap information on economic policies and legislation, aiming to set up an international center for advanced digital technologies in Uzbekistan that leverages Emirati expertise in the field.
TOURISM-
More cooperation across tourism and travel? Economy Minister Abdulla Bin Touq Al Marri met with Chairman of Uzbekistan’s Tourism Committee Umid Shadiev on the sidelines of the committee’s session to explore cooperation in the tourism, aviation, travel, and hospitality sectors, Al Khaleej reports.
ALSO-
- Etihad Export Credit Ins. Company and the Uzbekinvest Export-Import Ins. Company inked an MoU to provide ins. for exporters and financial institutions;
- Abu Dhabi Sustainable Water Solutions and Uzbekistan’s Uzsuvtaminot inked an agreement to speed up the establishment of the largest wastewater treatment plant in Uzbekistan’s capital, Tashkent.
The UAE was elected by the UN Economic and Social Council as a member of the UN Statistical Commission for its 56th session, Emarat Al Youm reports, citing the managing director of the Federal Competitiveness and Statistics Centre, Hanan Ahli. The UAE will serve as a member of the commission for four years, from 2025 until 2028.
