International cooperation
2024-09-26 16:25:00 / News
The event is attended by leaders of investment and finance ministries from more than 100 AIIB member countries, about 2,000 representatives of governments, multilateral banks, international financial institutions, foreign governmental organizations, experts, heads of major companies and investment funds, and members of the media.
Today, on September 26, as part of the event, the session “New Uzbekistan - Big Country with Big Opportunities” took place, along with an international forum on resource mobilization.
In his welcome speech, Laziz Kudratov, Minister of Investment, Industry, and Trade of the Republic of Uzbekistan, emphasized the symbolic significance of holding the Annual Meeting of AIIB in Samarkand, a city that has historically served as a bridge between East and West, North and South, and held a key position on the Great Silk Road.
The ambitious “Strategy 2030” goals were highlighted, including achieving upper-middle-income country status by 2030, with 85% of the economy driven by the private sector and 40% of energy produced from renewable sources. Work is underway to double labor productivity and increase exports to 45 billion dollars.
Laziz Kudratov thanked the participants for their unwavering support of economic and investment reforms in Uzbekistan, assuring them that the ministry is ready to fully support joint initiatives on the path to mutual progress and prosperity.
“Uzbekistan is transforming, and you are our partners on this exciting journey. Your support, advice, and investments will help us achieve remarkable progress over the next decade. Meeting here in Samarkand, we continue the traditions of trade, negotiations, and innovation that have defined this great city for centuries. On behalf of the Ministry of Investment, Industry, and Trade of the Republic of Uzbekistan, I welcome you and thank you,” said Laziz Kudratov.
Other speakers at the session included Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), Wencai Zhang, Managing Director and Chief Administrative Officer of the World Bank Group, major international investors, and experts.
The second part of the session, titled “International Forum on Resource Mobilization”, was dedicated to discussing the practical aspects of priority areas of cooperation with international donors and investment funds. Opinions and comments were heard from international experts, authoritative international banks and funds, and the country's partners on the most promising directions for investment cooperation and project implementation in Uzbekistan.