First Joint Investment Committee Meeting Between Iran and Uzbekistan Held

The inaugural session of the Joint Investment Committee between the Islamic Republic of Iran and the Republic of Uzbekistan was hosted virtually by Iran’s Organization for Investment, Economic, and Technical Assistance. The meeting brought together key stakeholders, including Uzbekistan’s Ministry of Investments, Trade, and Industry, the Uzbekistan Investment Fund, the Embassy of Uzbekistan in Iran, Iran’s Foreign Investment Company (IFIC), and the Embassy of the Islamic Republic of Iran in Uzbekistan.
During the session, participants discussed various economic sectors and explored ways to enhance bilateral cooperation. Key topics included:
- Establishing mechanisms to facilitate mutual investments.
- Presenting investment opportunities in both countries.
- Identifying priorities for collaboration in the investment sector.
- Planning events and specialized sessions focused on investment opportunities.
- Introducing private-sector players from both nations.
One of the main points of discussion was the creation of a Joint Investment Fund, led by Iran’s investment firm and its Uzbek counterpart. The fund aims to finance joint projects between the two countries. It is anticipated that the final agreement to establish the fund will be signed during the Iran-Uzbekistan Joint Economic Commission meeting in March this year.
This initiative represents a significant step toward strengthening economic ties and unlocking new opportunities for collaboration between the two nations.