QC Discusses Tech Cooperation with Uzbekistan

Qatar Chamber (QC)Board Member Mohamed bin Ahmed Al Obaidli recently held a meeting with H E Laziz Kudratov, Minister of Investment, Trade, and Industry of the Republic of Uzbekistan, at the Sheraton Doha Hotel, The Caspian Post reports citing the Peninsula.

The meeting focused on enhancing cooperation between the private sectors of both countries, with a view to strengthening trade and economic relations, particularly in the technology sector. Discussions also reviewed the investment climate and highlighted promising opportunities available in Qatar and Uzbekistan.

Speaking at the meeting, Mohamed Al Obaidli praised the growing relations between Qatar and Uzbekistan across various fields, highlighting the strong ties between their

private sectors and the ongoing communication and coordination between Qatar Chamber and the relevant trade and investment authorities in Uzbekistan.

He affirmed the keen interest of Qatari businessmen in investing in modern technologies, particularly in areas such as money exchange, banking, payment systems, business services, and smart device application technologies, among others.

Al Obaidli also stressed that Qatar Chamber supports the establishment of joint ventures between Qatari and Uzbek companies. He called on Uzbek investors to explore opportunities in Qatar, underscoring the favorable investment climate, incentives offered to foreign investors, and the country’s advanced infrastructure and abundance of promising opportunities.

For his part, H E Laziz Kudratov expressed his country’s keen interest in strengthening trade relations with the Qatari private sector, noting the wide range of areas in which joint projects could be established.

He underscored the importance of continuing to organise joint events to explore opportunities for trade and economic cooperation between the private sectors of both nations.

Kudratov also reviewed the investment climate in Uzbekistan, particularly in the field of information technology, and showcased several successful companies operating in this sector. He highlighted Uzum, the country’s first unicorn company and a leading provider of digital services.