President of Uzbekistan receives Singapore’s Senior Minister
On August 28, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received a delegation from the Republic of Singapore led by Senior Minister Lee Hsien Loong.
At the beginning of the meeting, the Senior Minister conveyed warm greetings and best wishes from President Tharman Shanmugaratnam of Singapore and Prime Minister Lawrence Wong.
The positive momentum in relations between Uzbekistan and Singapore was noted with satisfaction. Political dialogue and bilateral contacts at all levels continue to advance.
Trade turnover and the number of joint ventures continue to increase. Singaporean investment in Uzbekistan has reached about $2 billion.
The plans to expand the investment activities of Singaporean businesses in Uzbekistan were supported. A joint medium-term Program for Strategic and Innovative Partnership, focusing on trade, investment, technology transfer, modernization of public administration, human capital development, digitalization, and other areas, was agreed.
Particular attention was paid to applying Singapore’s best practices in the development of special economic zones, the Tashkent International Financial Center, and digital banking in Uzbekistan.
The parties expressed support for Singaporean universities’ activities in Uzbekistan.
The need was noted to establish regular, direct dialogue between relevant political and economic institutions to assess progress in implementing high-level agreements and to coordinate joint plans.
Uzbekistan’s recent accession to the UN Singapore Convention on Mediation was welcomed.
Views were also exchanged on mutual support within international organizations and regional cooperation.
UzA
