Uzbekistan and the American company Traxys have concluded an agreement aimed at deepening cooperation in the field of critical mineral resources. This document defines additional areas of interaction and joint work.
The signing of the agreement took place after a meeting of representatives of the Government of Uzbekistan and the company's management, which was held on the sidelines of the C5+1 business forum. Participants in the negotiations included Deputy Prime Minister of Uzbekistan Jamshid Khodjayev, Minister of Investment, Industry and Trade Laziz Kudratov, Minister of Mining and Geology Bobur Islamov, and Traxys CEO Mark Kristoff.
The parties discussed the current state and future prospects of their partnership regarding critical minerals. The main focus was on geological exploration, mining, advanced processing of mineral resources, attracting investment, implementing modern technologies, and realizing joint projects.
This meeting followed previous discussions concerning the transformation of Uzbekistan's mining and geological sector, the creation of favorable conditions for investors, and the development of long-term cooperation.
Participants noted significant potential for expanding interaction with industrial enterprises and forming sustainable production chains. Representatives of Uzbekistan confirmed their readiness to support the practical implementation of joint initiatives, while Traxys management expressed interest in further developing mutually beneficial partnerships and participating in promising projects in Uzbekistan.