Libre News of The World Super Express edition. Tuesday the 22nd of April 2025

On this episode of Libre News of The World Super Express Edition, we delved into the growing economic partnership between Uzbekistan and the United Arab Emirates (UAE). Since 2021, bilateral trade has steadily increased, with a 20% annual growth, reaching close to $650 million by the end of 2024. This strengthening relationship is centered on joint development and investment, with more than 300 UAE-backed enterprises now operating in Uzbekistan. In 2024, investments surpassed $1.5 billion, building on the $1.08 billion allocated in 2023. Recent agreements between the two countries focus on crucial sectors such as agriculture, healthcare, and infrastructure. A significant milestone in this collaboration is the creation of the Uzbek-Emirati Investment Company, which now manages a portfolio of $200 million. Looking ahead, both nations have set ambitious targets to boost trade by ten times by 2030 and raise total investments to $50 billion, with a focus on cutting-edge sectors like artificial intelligence, green energy, and digitalization. Dedicated working groups are driving these initiatives forward. The deepening ties between Uzbekistan and the UAE reflect a shared commitment to sustainable development, strengthening their partnership and contributing to regional stability.