Azerbaijan Moves Into Uzbekistan’s Fast-Growing Mining Sector

AI Summary

Azerbaijan and Uzbekistan are deepening economic ties through agreements covering mining, banking, and tourism. Both countries agreed to jointly develop Uzbek gold and other mineral resources, aiming to expand the mining sector.

Azerbaijan and Uzbekistan are strengthening economic connections, signing a variety of agreements covering mining, banking and tourism. Uzbek Prime Minister Abdulla Aripov and his Azerbaijani counterpart, Ali Asadov, presided over a signing ceremony on June 16 in Tashkent of a cooperation agreement under which the two countries will jointly develop an Uzbek gold deposit as well as other mineral resources.  Ural Yusupov, Uzbekistan’s deputy mining minister, previously indicated that Tashkent was intent on conducting…