Round table with Saudi businessmen takes place in Riyadh
04/05/2021 17:18
Round table with Saudi businessmen takes place in Riyadh
04/05/2021 17:18
Tashkent, Uzbekistan (UzDaily.com) -- On 3 May 201, a round table was held in Riyadh with the heads of leading companies in Saudi Arabia. The event was attended by Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov, Minister of Investments of the Kingdom of Saudi Arabia Khalid al-Falih, as well as heads of ministries and departments from the Uzbek side.
The event was organized with the aim of establishing and expanding cooperation with potential partners from among large Saudi companies and industrial holdings, with a view to the implementation of mutually beneficial joint investment projects.
Speaking at the round table, Sardor Umurzakov noted the confident progress of Uzbekistan along the path of socio-economic reforms, its focus on increasing the transparency of the economy and continuing integration into the global economic space, invited European companies to take advantage of unique opportunities for doing business in Uzbekistan and expressed readiness to provide comprehensive support in resolving related issues.
The head of the Saudi delegation emphasized the high dynamics of the development of the Uzbek-Saudi economic partnership and the significant untapped potential for investment in Uzbekistan, in connection with which he called on Saudi companies to actively cooperate with Uzbek partners.
Representatives of Saudi business in the format of presentations voiced information about their companies, outlined their vision of plans for activities in Uzbekistan, voicing priority areas and industries for cooperation and mutually beneficial partnership mechanisms within the framework of joint projects.
Some Saudi entrepreneurs have already expressed their readiness to do business in the Republic - on the sidelines of the round table a Memorandum was signed between the Ministry of Agriculture of the Republic of Uzbekistan and Al-Rajhi International on the implementation of investment projects in the field of agriculture in Uzbekistan.
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