Prospects for expanding cooperation with Traxys were discussed

As part of the C5+1 Business Forum, Jamshid Khodjaev, Deputy Prime Minister of the Republic of Uzbekistan; Laziz Kudratov, Minister of Investment, Industry and Trade; and Bobur Islamov, Minister of Mining Industry and Geology, held a meeting with Mark Kristoff, Chief Executive Officer of the American company Traxys.

During the negotiations, the parties discussed the current state of cooperation in critical strategic mineral resources and prospects for its further development. Particular attention was paid to geological exploration, mineral extraction and advanced processing, attracting investment, introducing modern technologies, and implementing joint projects.

The meeting was a logical continuation of previous negotiations with Traxys. Those discussions addressed the transformation of the mining and geology sectors, creating favorable conditions for investors, and establishing long-term cooperation on promising projects. The parties noted significant opportunities to expand cooperation with industry enterprises and develop sustainable production chains.

The Uzbek side expressed its readiness to provide the necessary support for implementing joint initiatives. Traxys management, in turn, expressed interest in further developing mutually beneficial cooperation and participating in promising projects in Uzbekistan.

Following the meeting, an agreement on expanding cooperation between the Republic of Uzbekistan and Traxys was signed. The document sets out the priority areas for future cooperation and joint activities.