02/11/10 Press-release.On the visit by the delegation of MFA of the Kingdom of Saudi Arabia to the Republic of Uzbekistan

Дата публикации: Feb 09, 2012 1:35:45 PM

PRESS-RELEASE.ON THE VISIT BY THE DELEGATION OF MFA OF THE KINGDOM OF SAUDI ARABIA TO THE REPUBLIC OF UZBEKISTAN

On October 26-28 this year the delegation of the Kingdom of Saudi Arabia (KSA) headed by the Deputy Minister of Foreign Affairs Prince Khalid bin Saud bin Khalid Al Saud visited Uzbekistan on a working visit.

The KSA delegation led by the Deputy Minister of Foreign Affairs Prince Khalid bin Saud bin Khalid Al Saud was received by the Deputy Prime Minister and Minister of Foreign Economic Relations, Investments and Trade Elyor Ganiev and Minister of Foreign Affairs Vladimir Norov.

During the talks the parties discussed issues of further development of bilateral relations in political, trade-economic, cultural and humanitarian spheres.

"The historical, spiritual and cultural community of peoples of Uzbekistan and Saudi Arabia remains a reliable basis for building an effective model of mutually beneficial cooperation", said the Saudi Deputy Foreign Minister.

The sides exchanged views on outstanding issues of international and regional politics of mutual interest. In particular, the issues of restoring peace and stability in Afghanistan, the situation in Kyrgyzstan and the Middle East, as well as the problems of reasonable use of water resources of transboundary rivers in Central Asia.

Deputy Minister of Foreign Affairs of the KSA has supported the initiative of Uzbekistan to implement the multilateral project of the Uzbekistan-Turkmenistan-Iran-Oman-Qatar transport corridor. In this, the sides noted that the reconciliation of transport links would help to develop economic cooperation between the countries.

The KSA delegation was provided with detailed information Uzbekistan’s the economic achievements during the years of Independence, the reforms being implemented under the leadership of President Islam Karimov, the Anti-crisis program, the tourist potential of Uzbekistan and attracting the Saudi investment companies to “Navoi” Free Industrial Economic Zone.

The parties noted that the current trade volume does not meet the existing potential of the two countries. They have also underscored that Uzbekistan and the KSA have great economic prospects, which should be developed and intensified. On this basis, the attention was paid to the need to further strengthen bilateral economic and investment cooperation by establishing a business council of the Uzbek and the Saudi business community, which would stir up economic and trade, investment cooperation, and help to increase mutual trade turnover between the countries.

Delegation of the Kingdom of Saudi Arabia visited the International industrial fair and Cooperation stock organized at the Tashkent-based “Uzexpocenter” Exhibition Hall.

"There is a large-scale transformations in the real economy and feeling of full support of industry on the part the state, which should be a major factor in development of the Uzbek economy", Khalid bin Saud bin Khalid Al Saud has underscored.

According to the program of visit, the Saudi delegation also visited the Hazrati Imam Complex and have been to other places of sightseeing in the capital of Uzbekistan.

Press-Service of MFA