Qais bin Mohammed Al-Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones in the Sultanate of Oman, met with Laziz Qudratov, Minister of Investment, Industry and Trade of the Republic of Uzbekistan in Muscat on September 30, 2026. This meeting provided an opportunity to discuss strengthening trade and economic relations between the two countries.
Facilitating Economic Cooperation
During this meeting, both parties emphasized the importance of economic and trade cooperation between Oman and Uzbekistan. Qais bin Mohammed Al-Yousef stressed the need to create suitable frameworks for cooperation among private sector institutions, stating: "Developing trade relations can benefit both countries and create new opportunities for investment."
On the other hand, Laziz Qudratov also highlighted the existing potentials in Uzbekistan and emphasized the necessity of strengthening bilateral relations. He added: "We must utilize all available resources to create a suitable environment for investment and trade."
Implications of the Meeting on Cooperation between the Two Countries
This meeting also addressed joint projects and future plans for economic and trade cooperation. The parties agreed to hold more joint meetings to identify and strengthen areas of cooperation. In this regard, the exchange of information and experiences between the business institutions of the two countries was also emphasized.
Attention to the private sector and creating the necessary conditions for economic activities was one of the main objectives of this meeting. For this purpose, Qais bin Mohammed Al-Yousef and Laziz Qudratov emphasized the need to facilitate trade processes and reduce administrative barriers.
At the end of this meeting, it was agreed to form joint working committees to examine and implement projects more thoroughly. This action could significantly enhance economic and trade cooperation between Oman and Uzbekistan.
