Uzbekistan's Mining Minister and Itochu Representatives Discuss Deposit Exploration and Development

The Minister of Mining and Geology of Uzbekistan, B. Islamov, held a meeting on September 9 with a German delegation led by Klaus Mangold, Chairman of Mangold Consulting GmbH. Responsible officials from the ministry also participated in the negotiations.

During the meeting, representatives of the Uzbek metallurgical and technological metallurgical plant presented an overview of the enterprise's activities, its current production capabilities, as well as ongoing work on the development and processing of strategic mineral resources.

Afterward, representatives of Mercedes-Benz AG presented a report titled 'Dialogue on Raw Resources of Uzbekistan and Germany.' Participants discussed prospects for industrial cooperation, Uzbekistan's potential in minerals and raw materials, and opportunities for implementing joint projects.

Particular attention was paid to expanding technological and investment cooperation between the parties. At the end of the meeting, the sides agreed to continue developing cooperation in the field of mineral extraction and strategic raw materials. They also agreed to jointly study promising areas and maintain dialogue.

In Tashkent, Uzbekistan, a seminar dedicated to the tasks of developing regional industry was held on September 3. The main goal of the event was to more effectively utilize existing potential and improve the work of regional industrial headquarters.

The First Deputy Minister of Economy and Finance, Ilhom Norkulov, took part in the seminar. Participants analyzed the current system of industrial development in the regions, as well as reviewed current problems and ways to solve them.

Special attention was paid to increasing the production and export potential of enterprises, implementing new projects, and determining growth directions in various regions. Topics discussed included developing industrial development plans based on data.

Participants also discussed the need for regular monitoring of enterprises, involving small companies in cooperation with large industrial giants, deep processing of local raw materials, and expanding value chain creation.

The seminar also considered proposals to increase the efficiency of using industrial zones and small industrial centers. Mechanisms for providing targeted support to exporting companies and opportunities to attract international brands to the regions were discussed.

Significant attention was given to the application of artificial intelligence technologies for forecasting and analyzing industrial development processes. Following the event, priority tasks were defined for the full realization of the regions' industrial potential.

These tasks include creating new jobs, increasing export volumes, expanding supply geography, stimulating the production of import-substituting goods, and enhancing the competitiveness of regional industry.