Council for the Expansion of Business Opportunities of Malaysia and Economic Assembly of Uzbekistan Expand Cooperation
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UzDaily
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Council for the Expansion of Business Opportunities of Malaysia and Economic Assembly of Uzbekistan Expand Cooperation

The Council for the Expansion of Business Opportunities of Malaysia (MPPM) and the Economic Assembly of the Republic of Uzbekistan have signed a memorandum of understanding. The goal of this agreement is to increase opportunities for Malaysian companies, specialists, and organizations in Uzbekistan.

According to the memorandum, the parties agreed to hold trade missions and business forums. Furthermore, they plan to cooperate in the field of investment and project implementation, including infrastructure initiatives, urban development, and smart city creation.

Areas of interaction will also cover the halal industry, education and academic mobility of students, Islamic finance, tourism, and cultural exchange.

To ensure continuous coordination of the work of both parties, the establishment of permanent representations in Malaysia and Uzbekistan has been provided for. Dr. Ali Sher Mohamad has been appointed as an advisor and representative of the Assembly in Malaysia.

MPPM invites companies, specialists, and organizations interested in cooperation in the aforementioned areas to contact the council for more information.

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Uzbekistan and South Korea have reached an agreement to expand interaction in the fields of higher education, science, and academic exchange.

The new agreements were concluded at the first Uzbek-Korean forum on interregional cooperation, which took place in Seoul on September 11.

At this forum, Professor Rustam Tozhiev, Rector of Fergana State Technical University, presented a report titled 'Uzbekistan–Korea: Current Status and Prospects.' In his presentation, he highlighted the university's cooperation with leading educational institutions in South Korea.

In particular, agreements were signed with SeoulTech to implement joint projects in the areas of artificial intelligence, smart city, robotics, and cybersecurity.

These agreements also provide for the participation of five teachers and professors from South Korea at Fergana State Technical University, as well as the dispatch of ten teachers and professors to South Korea for internships and two researchers for scientific research internships.

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An initiative was put forward to establish a Center for Korean Language and Culture at Fergana State Technical University.

The forum also led to agreements on establishing partnerships with the Sonnam Special Industrial Zone, one of South Korea's major high-tech clusters.

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Discussions on these areas took place on September 11 in the form of a telephone conversation between the President of Uzbekistan Shavkat Mirziyoyev and the Prime Minister of Armenia Nikol Pashinyan. During the conversation, the sides detailedly reviewed the current aspects of the development of their bilateral relations.

Significant attention was paid to developing new joint production projects. Furthermore, the critical importance of improving logistics systems and creating transport routes connecting the regions of Central Asia and the South Caucasus was emphasized.

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The Chairman of the Association, Ilyos Rakhimov, presented participants with information on the production potential of this industry. The main focus of the meeting was on further increasing cooperation between Uzbek building material producers and Chinese business.

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