Uzbekistan, Türkiye Seek New Prospects for Mining Investments

At the signing ceremony of the Peace Council charter in Davos on January 21, US President Donald Trump stated that both Iran is willing to negotiate and the United States is open to dialogue.

The discussions took place during a meeting between Uzbekistan’s Minister of Mining Industry and Geology Bobur Islamov, together with senior officials of the ministry, and Ramazan Sari, Director of MTA Tashkent Mining, The Caspian Post reports, citing Trend.

During the talks, the parties reviewed the progress of joint projects implemented in cooperation with Türkiye’s General Directorate of Mineral Research and Exploration (MTA). Particular attention was paid to promising mining sites and procedures for offering land plots to entrepreneurs through online auctions, as well as support measures and incentives for investors, as provided for under the updated Law on Subsoil Use.

Meanwhile, trade turnover between Uzbekistan and Türkiye amounted to $2.68 billion in January-November 2025, slightly up from $2.67 billion recorded in the same period of 2024.