The President of Uzbekistan attended the joint meeting with German business leaders

    Uzbekistan 17 September 2024 421

    In accordance with the program of his stay in Astana, the President of the Republic of Uzbekistan Shavkat Mirziyoyev took part in a joint meeting of the leaders of Central Asian countries with the heads of leading German companies and banks.

    The event was also attended by the Federal Chancellor of Germany Olaf Scholz, President of the Republic of Kazakhstan Kassym-Jomart Tokayev, President of the Kyrgyz Republic Sadyr Zhaparov, President of the Republic of Tajikistan Emomali Rahmon and President of Turkmenistan Serdar Berdimuhamedov.

    The German business community was represented by the heads of leading companies and banks such as KNAUF, Gunter Papenburg, CLAAS, Siemens Energy, Aurubis, Ernst Klett, Siemens Healthineers, Herrenknecht, DB Engineering & Consulting, Svevind Energy, Rhenus, HMS Bergbau.

    Having warmly welcomed the participants, the President of Uzbekistan noted with satisfaction the successful results of the fruitful meeting with representatives of the German business community held the day before in the city of Samarkand.

    It was noted that the results of the talks demonstrated the growing mutual interest of business in deepening cooperation and implementing joint projects based on German best practices and innovative technological solutions.

    The Head of state paid particular attention to further expanding business partnerships with Germany in the context of regional interaction.

    It was emphasized that the Central Asian region today is a capacious and dynamic market demonstrating sustainable rates of economic development.

    This was facilitated by the opening of interstate borders and the creation of the necessary conditions for the growth of intra-regional trade turnover, investments, freight transportation, and tourist exchange.

    The Leader of Uzbekistan emphasized the importance of increasing the investment attractiveness of the Central Asian region.

    In this context, during the summit, an initiative was put forward to establish a permanent platform for mutually beneficial dialogue – the Council of Investors and Entrepreneurs “Central Asia and Germany” with its first meeting to be held within the framework of the Tashkent Investment Forum next spring.

    The Head of state also proposed to prepare a roadmap for expanding investment and technological cooperation between the countries of Central Asia and Germany, which could include mechanisms for state support and stimulation of investment inflows from German companies, as well as financial support for their activities in the countries of Central Asia.

    Today, with the support of joint investment funds and companies, special economic zones and industrial hubs are being created with partners in the region, large-scale projects in industry, green energy, agriculture are being implemented, and infrastructure is being modernized.

    Leading engineering centers, investment, and industrial enterprises of foreign countries actively support such projects.

    The President invited German companies to actively participate in the implementation of regional cooperation projects on mutually beneficial terms.

    Following his speech, the President of Uzbekistan expressed confidence that regular dialogue with the heads of leading German companies and banks in this format will open up broad opportunities for mutually beneficial multilateral cooperation.