Oman, Uzbekistan explore ways to enhance investment, industrial and trade cooperation

Oman Tuesday 19/August/2025 18:34 PM
By: ONA
Oman, Uzbekistan explore ways to enhance investment, industrial and trade cooperation

Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, received in Muscat on Tuesday Laziz Kudratov, Minister of Investment, Industry, and Trade of the Republic of Uzbekistan.

The meeting aimed at enhancing economic and investment relations between the Sultanate of Oman and the Republic of Uzbekistan.

The meeting reviewed avenues for developing economic and commercial cooperation between the two countries. It also discussed promising opportunities in the fields of investment, industry and trade, and followed up on the outcomes of the Omani-Uzbek Joint Committee.

Cooperation in the fields of transport, industry, mining, and the tourism sector was also discussed, alongside exploring the potential for exchanging expertise and building strategic partnerships that contribute to diversifying income sources and enhancing trade exchange, with a focus on activating partnerships between the public and private sectors.

Furthermore, Abdulsalam Mohammed Al Murshidi, Chairman of Oman Investment Authority, met with Laziz Kudratov, Minister of Investment, Industry, and Trade of Uzbekistan, and his accompanying delegation.

The meeting explored prospects for joint work, as well as promising potential and opportunities that align with the priorities of Oman and Uzbekistan.

The Uzbek Minister of Investment, Industry, and Trade is accompanied by a high-level delegation comprising officials and business-people. During the two-day visit, the delegation will meet with a number of officials and company heads in sectors of mutual interest, including logistics, banking, textiles, and oil and gas.

The meeting was attended by Pankaj Khimji, Advisor for Foreign Trade and International Cooperation at the Ministry of Commerce, Industry, and Investment Promotion, Abdulsalam Khatmov, appointed Ambassador of the Republic of Uzbekistan to the Sultanate of Oman, Eng. Nasser Khalifa Al Kindi, CEO of "Invest Oman," and a number of officials from both sides.