DIEZ signed a cooperation agreement with the Ministry of Industry and Trade of Uzbekistan

According to Amac News: This cooperation agreement was signed between Mohammad Al Zaroni, the executive chairman of DIEZ, and Laziz Kudratov, the Minister of Investment, Industry and Trade of the Republic of Uzbekistan.
The purpose of this agreement is to strengthen cooperation, strengthen strategic partnerships and increase the volume of trade between the UAE and Uzbekistan, which will lead to economic growth in both countries.
According to this agreement, both parties have committed to strengthen companies specializing in digital technology and sustainability sectors in their respective countries. The purpose of this agreement is to develop digital trade in the UAE and Uzbekistan.
Kudratov urged the business community in the UAE to take advantage of Uzbekistan's promising opportunities, especially in sectors such as F&B, pharmaceuticals, infrastructure, industrial equipment, metals, electronics, textiles, etc.
The visit of the DIEZ delegation to Uzbekistan included a meeting with the leadership of the Uzum Company, the Chamber of Commerce and a visit to the innovative scientific and manufacturing pharmaceutical cluster known as the Tashkent Pharmaceutical Park and FEZ Angren.
In January 2024, the UAE and Uzbekistan signed an agreement to mutually exempt holders of diplomatic, special, VIP and ordinary passports from entry visas.
Non-oil foreign trade between the UAE and Uzbekistan has increased by 104 percent, with the value of trade reaching $993 million in 2022, compared to $487 million in 2022.
The total non-oil exports of the United Arab Emirates to Uzbekistan reached about 92 million dollars in 2022 with a growth rate of 190% compared to 2021.