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The President of Uzbekistan discussed the implementation of priority projects with Saudi Arabia

On October 15, President of the Republic of Uzbekistan Shavkat Mirziyoyev received the Minister of Investment of the Kingdom of Saudi Arabia Khalid al-Falih, who arrived in our country on a visit at the head of a representative delegation of leaders of leading Saudi companies.

At the beginning of the meeting, the distinguished guest conveyed to the head of our state the sincere greetings and best wishes of the King of Saudi Arabia, Salman bin Abdulaziz Al Saud, and the Crown Prince, Prime Minister Muhammad bin Salman Al Saud.

Current issues of further expansion of Uzbek-Saudi multifaceted cooperation and full-scale partnership were discussed in the context of the practical implementation of agreements at the highest level.

The dynamic development of fruitful interaction was noted with deep satisfaction. Contacts at all levels have intensified. The volume of mutual trade, direct investment and the number of joint ventures are growing. The frequency of flights between the two countries has increased.

The portfolio of joint projects reached $27 billion. A number of large energy projects worth $15 billion are being implemented with ACWA Power.

The fruitful results of the regular meetings of the Intergovernmental Commission and the Business Council, held the day before in the city of Tashkent, were highly appreciated, within the framework of which new agreements and contracts were signed.

Particular attention is paid to the speedy implementation of projects and initiatives in the field of green energy, agriculture, electrical engineering, real estate, infrastructure modernization in the regions of the country and other priority areas.

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