TASHKENT, Uzbekistan, December 25. Uzbekistan’s Minister of Foreign Affairs Bakhtiyor Saidov and Yousef Al Otaibi, Ambassador of the Kingdom of Saudi Arabia, discussed expanding trade and investment cooperation, the Uzbek FM wrote on his X page, Trend reports.
“We discussed strengthening political dialogue, expanding trade and investment cooperation, and promoting cultural and humanitarian ties between our countries,” Saidov wrote.
He also expressed sincere gratitude to the ambassador for his dedicated work in Uzbekistan and wished him continued success in his future endeavors.
Meanwhile, bilateral trade between Uzbekistan and Saudi Arabia amounted to $142.4 million in 2024, while in the first eight months of 2025, it reached $111.5 million. Currently, 27 enterprises with Saudi capital operate in Uzbekistan, and 56 joint investment projects worth a total of $27.2 billion are being implemented.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel