During the visit to Saudi Arabia, the Minister of Agriculture of Uzbekistan Jamshid Khojayev signed a Memorandum with Al-Rajhi International on the implementation of an investment project in the development of horticulture, greenhouses, grain processing, cotton and livestock products.
According to the ministry, it is envisaged to expand the export of agricultural products from Uzbekistan and provide social and financial support to Uzbekistan agricultural enterprises and farmers for the development of the production chain in the sector.
Uzbekistan delegation also attended the regular meeting of the Intergovernmental Commission, held meetings with the Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli, with representatives of one of the largest Saudi financial institutions – the Agricultural Development Fund and other investment companies working in the field of agriculture and food industry.
During negotiations with the Minister of Environment, Water and Agriculture, the parties considered the possibility of organizing an agricultural forum and an exhibition of Uzbekistan agricultural products in Saudi Arabia in autumn.
The parties discussed issues of land development and the introduction of new technologies with the attraction of investments of Saudi businessmen in the agricultural sector of Uzbekistan and the creation of additional opportunities for Saudi companies.