The UAE and Uzbekistan: A Strengthening Partnership in New Economy Sectors - Beacon

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Tuesday, April 14, 2026

The UAE and Uzbekistan: A Strengthening Partnership in New Economy Sectors

(The UAE and Uzbekistan)

The UAE and Uzbekistan: A Strengthening Partnership in New Economy Sectors


Abdullah bin Touq Al Marri, Minister of Economy and Tourism, met on Monday at the Ministry of Economy and Tourism headquarters in Dubai with a delegation from the Republic of Uzbekistan to discuss ways to enhance economic and investment relations between the two countries in the coming period.


The two countries aim to strengthen relations, particularly in priority sectors, including the new economy, tourism, aviation, financial technology, transportation, renewable energy, agriculture, food security, logistics, energy, renewable energy, industry, infrastructure, and banking. This will enhance economic integration between the two countries and support their efforts to build sustainable development partnerships.


The delegation included Jamshid Khojaev, Deputy Prime Minister and Minister of Investment and Foreign Trade; Laziz Kadyrtov, Minister of Investment, Industry, and Trade; Shokhrokh Gulamov, Deputy Minister of Investment, Industry, and Trade; Jasur Churyev, Deputy Minister of Transport; and a number of other Uzbek government officials.


In this context, Abdullah bin Touq affirmed that the UAE and Uzbekistan enjoy growing economic and investment relations, guided by the directives of the wise leadership in both friendly nations. This reflects the keenness of both sides to strengthen bilateral cooperation frameworks and expand partnerships across various sectors of mutual interest.


He stated: “The UAE is committed to further enhancing its economic and investment ties with the Republic of Uzbekistan, propelling them towards greater growth and development. This supports economic growth and aligns with the aspirations of both friendly countries, particularly given the presence of over 2,300 Uzbek companies currently operating in the UAE market.”


He added: “This meeting represents a new step towards exploring promising economic opportunities in both countries’ markets and examining ways to capitalize on them and transform them into practical partnerships and joint ventures. These initiatives will contribute to bolstering economic cooperation between the two sides, increasing the flow of mutual investments, and supporting direct communication channels between the Emirati and Uzbek business communities, thereby enhancing future cooperation opportunities.”


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Tourism cooperation between the two countries has witnessed remarkable growth, with the number of Uzbek tourists visiting the UAE increasing from 57,575 in 2024 to 71,969 in 2025, representing a growth rate of nearly 25%. This reflects the increasing appeal of the UAE as a destination in the Uzbek market.


The UAE side reviewed a number of economic policies and measures adopted by the UAE to enhance the business and economic environment, continue its economic openness to the world, and establish fruitful economic partnerships with vital regional and international markets. 

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They also highlighted efforts to enhance the attractiveness of the UAE market for new economy projects and companies, and to support the competitiveness of the economic legislative environment, which has contributed to strengthening the UAE's position as a leading economic hub for business and investment at both the regional and global levels.


The meeting addressed the economic stimulus packages and new measures recently announced by the UAE to support the business and investment sectors in light of current economic and geopolitical developments. 


These measures include supporting companies' financial liquidity, reducing operational burdens, and enhancing customs procedures, all of which contribute to empowering the private sector, strengthening the stability and growth of economic activities, and opening up broader opportunities for Uzbek business partners to benefit from the UAE's flexible and stimulating business environment.


The two sides also discussed strengthening their cooperation through the "Investopia Tashkent" event, which will be held in partnership with the Tashkent International Investment Forum. The event aims to explore promising economic and investment opportunities in the new economy sectors of the UAE, Uzbekistan, and Asian markets.

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