BAKU, Azerbaijan, July 30. Uzbekistan and
Kuwait discussed expanding cooperation in the mining sector,
including attracting Kuwaiti investment into geological exploration
and mineral processing projects, during a meeting between
Uzbekistan's Ministry of Mining Industry and Geology and Kuwait's
ambassador to the country.
This was reflected in the statement by the Ministry of Mining
Industry and Geology of Uzbekistan following talks between First
Deputy Minister of Mining Industry and Geology Feruza Khamidova and
Kuwait's Ambassador to Uzbekistan Turki Khalid Hamad Al-Mikrad.
During the meeting, Uzbek side presented the ministry's key
areas of activity, the country's mineral resource potential,
ongoing geological exploration work and investment projects in the
mining industry.
"The parties discussed opportunities to attract Kuwaiti
companies to geological exploration, mineral extraction and deep
processing projects, as well as prospects for expanding trade and
economic cooperation," the ministry said in a statement.
The discussions also focused on increasing exports of products
manufactured in Uzbekistan to the Kuwaiti market and identifying
new opportunities to strengthen bilateral trade.
Khamidova outlined Uzbekistan's efforts to develop its mining
industry and highlighted investment opportunities across the
geological exploration, mining and mineral processing value
chain.
The two sides exchanged views on expanding cooperation between
Uzbek and Kuwaiti businesses, with particular attention given to
involving Kuwaiti companies in projects aimed at developing the
country's mineral resources and increasing value-added
production.
The meeting reflects Uzbekistan's broader strategy of attracting
foreign investment into its mining sector, diversifying export
markets and expanding economic cooperation with partners in the
Gulf region.
