Experts from Russia and Uzbekistan Discuss Obstacles to Industrial Cooperation

The Chairman of the Board of Directors of Uzbekneftegaz, Abdugani Sanginov, met with Evgeny Tatarintsev, head of the Kazakh company Azimut, to discuss issues of interaction in the oil and gas sphere.

The main focus of the negotiations was on the possibilities of jointly implementing projects in this industry, as well as introducing modern technologies into production processes.

Particular interest was drawn by the potential possibility of applying Azimut's technological solutions in areas such as seismic exploration, drilling, hydraulic fracturing, and well logging. Azimut specializes in providing services for geological exploration and the oil and gas business.

After the meeting, both sides emphasized the need for further technical evaluation of the presented proposals and the development of practical cooperation in promising areas. However, the report did not specify any concrete projects or timelines for their implementation.

The Russian representation in Uzbekistan organized a working meeting between a delegation from the Republic of Buryatia and representatives of the Agency for the Development of Light Industry of Uzbekistan. The goal of the meeting was to discuss expanding cooperation and launching joint projects.

Russian companies Stroybit LLC, which operates under the brand Little Elf and produces children's goods, as well as individual entrepreneur E.A. Maslichenko, representing the company Uniforma, specializing in workwear, protective clothing, and uniforms, took part in the event. This was reported by the Russian Representation in Uzbekistan.

Representatives of the Agency for the Development of Light Industry of Uzbekistan presented an overview of the country's light industry sector, including its current state and development prospects. According to the agency's data, about 60% of finished textile products produced in Uzbekistan are destined for the Russian market, confirming Russia's status as one of the main markets for Uzbek textiles.

Participants discussed opportunities for contract manufacturing, localization of Russian companies' production facilities in Uzbekistan, and the development of industrial interaction between Buryatia and Uzbekistan. Furthermore, Russian firms held separate negotiations with Uzbek producers, focusing on potential areas of cooperation and opportunities for implementing joint initiatives.

Representatives from Uzbekistan and Pakistan held talks regarding potential cooperation in joint investment projects. The discussed areas include the digital economy, sugar production, and the cement industry.

The discussions took place during a meeting between the Ambassador of Uzbekistan, Alisher Tukhtayev, and the head of the Dewan Yousuf group. This meeting is part of efforts to expand trade and economic interaction between the two states, as reported by the Dunyo news agency.

One of the central issues was cooperation in the field of the digital economy and crypto infrastructure. Dewan Yousuf noted Uzbekistan's significant potential regarding blockchain technologies and crypto assets, expressing interest in implementing joint initiatives.

The Pakistani businessman proposed exploring opportunities to attract international digital asset funds, create modern digital platforms, and implement energy-efficient technologies for cryptocurrency mining.

The parties also considered prospects for partnership in the sugar industry. A Pakistani company is considering importing raw materials, including from Brazil, processing them in Uzbekistan, and selling the finished products on the domestic market.

In this regard, the possibility of launching a joint venture using the production facilities of the Angren Sugar Factory was discussed. Furthermore, the negotiations covered cooperation in the cement sector, as well as the development of logistics and trade links between the countries.

Following the meetings, an agreement was reached that the Dewan Yousuf group would prepare detailed investment proposals. Online consultations with relevant ministries and agencies of Uzbekistan are planned to further develop these initiatives. The parties also intend to organize a visit by a Pakistani business delegation to Uzbekistan to assess promising projects and implementation opportunities.

Yousuf Dewan Companies was founded in 1916 and is one of Pakistan's largest industrial and business groups. Its interests cover automotive manufacturing, cement and sugar production, textiles, synthetic fiber production, and foreign trade. Companies within this group employ over 4000 people.