Source: UzDaily
A strategic trilateral partnership in the field of environmental protection was formally established between the Republic of Uzbekistan, the Kingdom of Saudi Arabia, and the French Republic on the sidelines of the fifth Tashkent International Investment Forum (TMIF-2026).
Under the agreement, the three countries will work together to develop and implement advanced high-tech projects focused on the deep processing of hazardous industrial and household waste, The Caspian Post reports, citing UzDaily.
The long-term partnership is intended to support the rapid development of Uzbekistan’s green economy by promoting the gradual adoption of the internationally recognized “Zero Waste” environmental principle.
As part of the forum, representatives of Uzbekistan’s Agency for Waste Management and Circular Economy Development conducted a series of extensive discussions with senior executives from leading international corporations.
Participants in the talks agreed that combining cutting-edge technological solutions with closer cooperation between Central Asian countries and major global industry players is essential for achieving sustainable regional development.
One of the key outcomes of these negotiations was the signing of an official Head of Terms agreement.
The document was signed by Sharifbek Hasanov, Director of Uzbekistan’s specialized Agency, Omar Al-Midani, President of the Saudi investment firm Vision International Investment Company, and Silver Delaunay, General Director for Europe and Central Asia at the French environmental company SUEZ International.
The trilateral memorandum sets the framework for launching a major joint project with a total investment value of US$78 million. The planned infrastructure will enable the safe treatment, disposal, and recycling of complex categories of waste in line with strict European environmental standards.
According to experts, TMIF-2026, which attracted a record 10,000 participants from more than 100 countries, highlighted Uzbekistan’s growing reputation as a dependable international partner and reinforced global business confidence in the country’s ongoing institutional reform agenda.
Share on social media