Mirziyoyev receives Singapore delegation led by Senior Minister Lee Hsien Loong
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Uzbek President Shavkat Mirziyoyev received a Singapore delegation led by Senior Minister Lee Hsien Loong on August 28. The sides agreed to develop a medium-term strategic and innovative partnership program. Singapore's investments in Uzbekistan reached nearly $2 billion.
Key Facts
- Singapore's investments in Uzbekistan's economy reached nearly $2 billion.
- The two sides agreed to develop a medium-term joint program on strategic and innovative partnership.
- Special attention was given to introducing Singapore's advanced experience in special economic zones, the Tashkent International Financial Center, and digital banking.
- Uzbekistan's accession to the UN Singapore Convention on Mediation was welcomed.
- Support was expressed for the activities of Singaporean higher education institutions in Uzbekistan.
Meeting and Delegation
President Shavkat Mirziyoyev received a Singapore delegation led by Senior Minister Lee Hsien Loong on August 28. At the start of the meeting, Lee conveyed sincere greetings and best wishes from Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong. The sides noted the consistent development of Uzbekistan–Singapore relations. Political dialogue and bilateral contacts at all levels are actively supported.
Investment and Economic Cooperation
Trade turnover and the number of joint ventures are growing rapidly. Singapore's investments in Uzbekistan's economy reached nearly $2 billion. Plans to expand the investment activities of Singaporean business in Uzbekistan were supported. The sides agreed to develop a medium-term joint program on strategic and innovative partnership, prioritizing trade, investment, technology transfer, modernization of public administration, human capital development, digitalization, and other areas.
Sectoral Cooperation and International Support
Special attention was given to introducing Singapore's advanced experience in special economic zones, the Tashkent International Financial Center, and digital banking. Support was expressed for the activities of Singaporean higher education institutions in Uzbekistan. The need to establish regular dialogue between political and economic structures to assess the implementation of high-level agreements and coordinate joint plans was emphasized. Uzbekistan's recent accession to the UN Singapore Convention on Mediation was welcomed. Views were exchanged on mutual support within international organizations and regional cooperation.
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Mirziyoyev receives Singapore delegation led by Senior Minister Lee Hsien Loong
