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

On this Episode of Libre News of The World, we discussed the growing economic partnership between Uzbekistan and the United Arab Emirates (UAE). Over the past few years, bilateral trade between the two nations has seen significant growth, with a 20% annual increase, reaching nearly $650 million by the end of 2024. This collaboration is anchored in mutual development and investment, with over 300 UAE-backed enterprises now operating in Uzbekistan. Furthermore, 2023 saw a remarkable $1.08 billion allocated for investment projects, a figure that surpassed $1.5 billion in 2024. The signing of 15 new agreements in various sectors, including healthcare, agriculture, and infrastructure, highlights the depth of this partnership. Central to these efforts is the creation of the Uzbek-Emirati Investment Company, managing an investment portfolio of $200 million. Looking ahead, both countries have set ambitious targets, aiming to increase trade volumes tenfold by 2030 and push investments to $50 billion, focusing on areas such as artificial intelligence, digitalization, and green energy. With dedicated working groups in place, the economic collaboration between Uzbekistan and the UAE reflects a shared commitment to sustainable development and regional stability, marking a new chapter in their bilateral relations.