UAE and Uzbekistan explore ways to boost relations

Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, held a virtual meeting with Jamshid Kuchkarov, Deputy Prime Minister, Minister of Economy and Finance of the Republic of Uzbekistan, to discuss ways to enhance cooperation in the financial sector and explore areas of mutual interest between the two countries.

Welcoming Kuchkarov during the meeting, Al Hussaini commended the strong bilateral ties between the UAE and Uzbekistan, speaking highly of Uzbekistan’s progress in implementing its development strategy.

The two officials stressed the importance of expanding financial partnerships following the positive outcomes from Uzbekistan’s government delegation visit to the UAE’s Ministry of Finance last November. The visit was part of the “Financial Leadership Programme,” aimed at fostering knowledge exchange in finance, banking, and investment.

“We are committed to strengthening our financial relations with Uzbekistan to foster growth and prosperity for both nations,” Al Hussaini said.

“Uzbekistan has made impressive strides with its public-private partnership programme, and we’re looking forward to building on that progress through even closer collaboration.

“We will continue to explore new opportunities to drive sustainable development through enhanced cooperation,” the Minister of State for Financial Affairs told the Uzbekistani counterpart.

Recently, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received His Excellency Shavkat Mirziyoyev, President of Uzbekistan, and his accompanying delegation at Za’abeel Palace in Dubai.

The meeting was attended by Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE; and Sheikh Ahmed Bin Mohammed Bin Rashid Al Maktoum, Second Deputy Ruler of Dubai. Welcoming the Uzbek President, Sheikh Mohammed Bin Rashid expressed the hope that the visit would open a new chapter of fruitful cooperation, strengthen shared successes, and establish foundations for future projects that serve the interests of both nations.