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Uzbekistan, Germany parley development of critical mineral resource deposits

TASHKENT, Uzbekistan, September 16. Uzbekistan and Germany have discussed the involvement of German companies in the development of critical mineral resources and their deep processing, the production of high value-added goods, and subsequent export to Germany and third countries,TurkicWorld reports.

This matter has been discussed during a meeting between President of Uzbekistan Shavkat Mirziyoyev and German Chancellor Olaf Scholz with representatives of leading companies and banks from both countries in Samarkand.

The event featured German Parliamentary State Secretary for the Ministry of Economic Affairs and Climate Action Michael Kellner, Managing Director of the Eastern Committee of German Industry Michael Harms, and leaders and representatives from major companies such as KNAUF, CLAAS, Mangold Consulting, Gunter Papenburg, Siemens Energy, Linde Group, Aurubis, FALK PORSCHE, Metso, Edison Technologies, Ernst Klett, Siemens Healthineers, Herrenknecht, DB Engineering & Consulting, Svevind Energy Group, Rhenus, HMS Bergbau, Textima, as well as banks like KfW Development Bank, AKA Bank, and others.

The parties discussed the outcomes of productive high-level negotiations, which supported the key priorities for the development of the new Uzbekistan, focusing on the deep transformation and modernization of economic sectors.

The meeting's main outcomes included agreements on developing a set of measures to support and accelerate joint investment projects and trade contracts under the strategic Program for Industrial and Technological Partnership with leading German companies and banks.

Both sides highlighted priority areas for mutually beneficial partnership with active and practical involvement from the business communities of Uzbekistan and Germany, including industrial cooperation in green energy, chemical industry, green hydrogen production, machine engineering, electrical engineering, textile industry, pharmaceuticals, and other fields.

In this context, the importance of developing new project initiatives and continuing the implementation of joint projects in construction materials, metallurgy, energy, chemistry, transportation infrastructure, agriculture, machine engineering, medicine, and other sectors was emphasized.

To note, Scholz is paying an official visit to Uzbekistan at the invitation of President Mirziyoyev on September 15-16.

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