16.09.2024

On September 16, the President of the Republic of Uzbekistan Shavkat Mirziyoyev and the Federal Chancellor of Germany Olaf Scholz held a joint meeting with representatives of leading companies and banks of both countries in Samarkand.

The event was attended by Parliamentary State Secretary at the German Ministry of Economic Affairs and Climate Action Michael Kellner, Executive Director of the Eastern Committee of the German Economy Michael Harms, managers and representatives of leading companies, including KNAUF, CLAAS, Mangold Consulting, Gunter Papenburg, Siemens Energy, Linde Group, Aurubis, FALK PORSCHE, Metso, Edison technologies, Ernst Klett, Siemens Healthineers, Herrenknecht, DB Engineering & Consulting, Svevind Energy Group, Rhenus, HMS Bergbau, Textima, as well as KfW Development Bank, AKA Bank and others.

The Head of our State, sincerely welcoming all participants of the meeting, emphasized the symbolism of the event held in the historic city of Samarkand.

The results of yesterday’s fruitful summit talks, which supported key development priorities of New Uzbekistan for deep transformation and modernization of sectors of the economy were highly commended.

It was emphasized that the main outcome of the meeting was an agreement on the development of a set of measures to support and accelerate joint investment projects and trade contracts within the framework of the adopted strategic Industrial and Technology Partnership Programme with leading German companies and banks.

The priority areas of a mutually beneficial partnership with active and practical participation of the business communities of Uzbekistan and Germany were identified.

The industrial cooperation covers areas like “green” energy, chemical industry, production of “green hydrogen”, mechanical engineering, electrical engineering, textile, pharmaceutical and other fields.

Furthermore, the participation of German companies in the development of critical mineral resources and their deep processing, and production of high-value-added products with subsequent export to Germany and third countries markets was also identified as a promising direction.

Among the main areas are the modernization of energy, transport and communication, public infrastructure, tourism, participation in the privatization program of industrial and service enterprises, as well as the implementation of socially significant projects in the health sector, education and ecology in our country.

During the meeting, the President of Uzbekistan separately stressed the importance of establishing a close partnership between German businesses and representatives of large Uzbek companies.

In this context, the importance of developing new project initiatives and continuing to implement joint projects in the fields of construction materials production, metallurgy, energy, chemistry, transport infrastructure, agriculture and engineering, medicine and others was noted.

- We organized our meeting in a new format. From the Uzbek side there are mainly representatives of the private sector, which have “stood on their feet” in recent years and are worthy partners of German business, - said Shavkat Mirziyoyev.

In conclusion, the President of Uzbekistan wished all participants great success in implementing the planned projects.

In turn, the Federal Chancellor of Germany Olaf Scholz highly appreciated the sustainable nature of the development of multidimensional relations with our country, stressed the importance of strengthening existing business contacts and encouraged German business representatives to be bold in implementing joint projects and initiatives.