Uzbekistan and UAE sign $10 billion worth of agreements

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TASHKENT (TCA) — Uzbekistan and the United Arab Emirates (UAE) have signed $10 billion worth of agreements on cooperation in investment and finance, renewable energy, industry and infrastructure development, agriculture, and other fields, RFE/RL reported.

The agreements were signed on March 25 in Abu Dhabi during talks between Uzbek President Shavkat Mirziyoev and the crown prince of the emirate of Abu Dhabi, Muhammad bin Zayed al-Nahyan, the deputy supreme commander of the UAE armed forces, according to Uzbekistan’s presidential website.

The parties agreed to broaden trade and economic ties, carry out joint projects on energy and infrastructure, strengthen cooperation in science, technologies, and education.

The presidential site says that the parties also discussed international and regional issues.

Uzbekistan has recently lifted the visa regime for UAE citizens.

On March 18, President Mirziyoev signed a Decree on measures for further simplifying the entry regime to Uzbekistan for citizens of the United Arab Emirates, the Jahon information agency reported.

According to the document, from March 20, 2019, a visa-free regime will be established for 30 days from the date of entry into the territory of Uzbekistan for citizens of the United Arab Emirates. This will serve to further enhance political, trade-economic, scientific-technical and cultural cooperation between Uzbekistan and the United Arab Emirates, create a favorable investment climate and develop the country’s tourism potential, the document says.

Sergey Kwan

TCA