TASHKENT, Uzbekistan, December 25. Uzbekistan’s
Minister of Foreign Affairs Bakhtiyor Saidov and Yousef Al Otaibi,
Ambassador of the Kingdom of Saudi Arabia, discussed expanding
trade and investment cooperation, the Uzbek FM wrote on his X page,
Trend reports.
“We discussed strengthening political dialogue, expanding trade
and investment cooperation, and promoting cultural and humanitarian
ties between our countries,” Saidov wrote.
He also expressed sincere gratitude to the ambassador for his
dedicated work in Uzbekistan and wished him continued success in
his future endeavors.
Meanwhile, bilateral trade between Uzbekistan and Saudi Arabia
amounted to $142.4 million in 2024, while in the first eight months
of 2025, it reached $111.5 million. Currently, 27 enterprises with
Saudi capital operate in Uzbekistan, and 56 joint investment
projects worth a total of $27.2 billion are being implemented.
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