A trilateral meeting between President of the Republic of Uzbekistan Shavkat Mirziyoyev, National Leader of the Turkmen People, Chairman of the Khalk Maslakhaty Gurbanguly Berdimuhamedov and President of the Republic of Azerbaijan Ilham Aliyev took place in the "Avaza" National Tourist Zone.

At the congress-center of the “Avaza” National tourist zone negotiations were held between the President of the Republic of Uzbekistan Shavkat Mirziyoyev and the National Leader of the Turkmen people, Chairman of the Khalk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov, in a narrow format and with participation of the official delegations. 

President of the Republic of Uzbekistan Shavkat Mirziyoyev arrived in Turkmenistan on a working visit at the invitation of the National Leader of the Turkmen People, Chairman of the Khalk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov.

The Uzbek side presented a portfolio of ready-to-launch project initiatives across multiple sectors, including petrochemicals, energy, mining, engineering, agriculture, textiles, food processing, logistics, and tourism. Practical aspects of Uzbekistan’s investment climate were outlined in detail, highlighting guarantees for investor protection, tax and customs incentives, preferential treatment in industrial zones, and a special regime for strategic projects.

According to Oman’s National News Agency (ONA), during the visit, on August 19 in Muscat, Minister Laziz Kudratov held a meeting with Oman’s Minister of Commerce, Industry, and Investment Promotion, Qais bin Mohammed Al-Yousef. The two sides discussed the development of trade and economic cooperation between the friendly nations, including issues related to investment, imports and exports, and promising directions in the fields of industry and commerce.

Such contacts serve as an important foundation for deepening the partnership dialogue and strengthening the friendly ties between both countries.

During the conversation, issues of organizing a business visit of Omani businesswomen to Uzbekistan in August this year were discussed. Within the framework of the visit, mutually beneficial areas of cooperation was agreed for consideration and opportunities to discuss new projects in the fields of trade, investment and tourism.

As part of the official visit of the delegation led by the Chairman of the Uzbekistan Tourism Committee to Muscat from July 5 to 7 of this year, a "Road Show" tourism forum was held under the slogan "Uzbekistan – The Pearl of the Silk Road".
On behalf of the Embassy, gratitude to Mr. N.al-Numani was expressed for his valuable contribution to the successful organization of this event.

On the eve of the 34th anniversary of our country's independence, the Executive Board of the International Monetary Fund has finalised the 2025 consultations in accordance with Article IV of the IMF Agreement. The main conclusion on the essence of the ongoing reforms is positive prospects for Uzbekistan's economic development against the backdrop of continued progress in the transition to a market economy. According to the published document, economic indicators remain strong, including sustainable growth rates, reduction of the consolidated budget deficit, current account deficit and sufficient level of international reserves.