BAKU, Azerbaijan, June 18. Uzbek Mining
Industry and Geology Minister met with Japan's Itochu Corporation
to discuss expanding cooperation in the mining and geological
sectors.
This was reflected in the statement by the the Ministry of
Mining Industry and Geology, following the meeting between Uzbek
Mining Industry and Geology Minister Bobir Islamov and
representatives of Japan's Itochu Corporation.
The meeting, attended by officials from the Ministry of Mining
Industry and Geology and state-owned uranium producer Navoiyuran,
took place on the sidelines of the fifth Tashkent International
Investment Forum.
The parties reviewed opportunities to continue cooperation in
mining and geological exploration, with a particular focus on
implementing prospective projects and attracting investment to
support the development of Uzbekistan's mineral resources
sector.
Participants also noted the growing international significance
of the Tashkent International Investment Forum, which has brought
together global business leaders, investors, and industry experts
from around the world.
The talks reflect Uzbekistan's broader efforts to attract
foreign investment and advanced technologies to its mining sector,
which is emerging as a key pillar of the country's industrial
development strategy. Rich deposits of uranium, gold, copper, and
critical minerals have positioned Uzbekistan as an increasingly
attractive destination for international mining companies seeking
opportunities in Central Asia.
Itochu Corporation is one of Japan's largest general trading
companies. Founded in 1858, the Tokyo-based conglomerate operates
in sectors including metals and minerals, energy, machinery,
chemicals, food, textiles, infrastructure, and technology, with
business operations in more than 60 countries.
