{"id":11761,"date":"2025-10-25T15:21:36","date_gmt":"2025-10-25T10:21:36","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/uzbekistan-and-the-eu-agreed-on-projects-worth-e10-billion\/"},"modified":"2025-10-25T15:21:36","modified_gmt":"2025-10-25T10:21:36","slug":"uzbekistan-and-the-eu-agreed-on-projects-worth-e10-billion","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/uzbekistan-and-the-eu-agreed-on-projects-worth-e10-billion\/","title":{"rendered":"Uzbekistan and the EU agreed on projects worth \u20ac10 billion"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>The portfolio of \u20ac40 billion is the largest volume of European investment in Central Asia. Projects in critical minerals and \u201cgreen\u201d energy strengthen Uzbekistan&#8217;s position as a strategic partner of the EU. The completion of WTO accession negotiations opens the way for full integration into the global trade system.  <\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>Mirziyoyev held talks with European Council President Ant\u00f3nio Costa and European Commission President Ursula von der Leyen;<\/li>\n<li>Agreements were reached on new projects worth over \u20ac10 billion;<\/li>\n<li>The total portfolio of projects involving European companies exceeded \u20ac40 billion;<\/li>\n<li>The projects cover energy, logistics, pharmaceuticals, critical mineral extraction, textiles, and chemicals;<\/li>\n<li>The simplification of visa procedures to strengthen business and humanitarian ties was discussed.<\/li>\n<\/ul>\n<p><strong>Key topics<\/strong><\/p>\n<ul>\n<li>Implementation of the agreements of the April \u201cCentral Asia\u2014 EU\u201d summit;<\/li>\n<li>New projects in critical minerals, energy, transport, science and education;<\/li>\n<li>Completion of negotiations on Uzbekistan&#8217;s accession to the WTO with EU support;<\/li>\n<li>Significance of the Enhanced Partnership Agreement for Expanding the Legal Basis of Cooperation.<\/li>\n<\/ul>\n<p><strong>Business activity<\/strong><\/p>\n<p>At the beginning of October, the second EU Global Gateway forum was held with the participation of the Uzbek delegation. Recently, meetings of the Cooperation Council and the Subcommittee on Economy, Trade and Investment were held. On October 23, a business forum was held, and on October 24, a meeting was held with the heads of leading European companies.  <\/p>\n<p><strong>Context<\/strong><\/p>\n<p>The EU is one of Uzbekistan&#8217;s largest trading partners and investors. The portfolio of \u20ac40 billion includes implemented, ongoing, and planned projects. New agreements worth \u20ac10 billion strengthen partnerships in strategic sectors.  <\/p>\n<p><strong>Critical minerals<\/strong> are a priority for the EU as part of reducing dependence on China. Uzbekistan possesses reserves of rare earth metals, uranium, copper, and gold. European companies are interested in joint development of deposits and processing of raw materials.  <\/p>\n<p><strong>Energy<\/strong> \u2014 participation in renewable energy projects corresponds to the European Green Deal. Uzbekistan is developing solar and wind energy to achieve 30% of \u201cgreen\u201d energy by 2030. European investors (Masdar, ACWA Power, Total Eren) are already implementing large projects.  <\/p>\n<p><strong>Logistics<\/strong> \u2014 the development of transit routes between Europe and Asia through the Trans-Caspian corridor strengthens Uzbekistan&#8217;s role as a transport hub.<\/p>\n<p><strong>WTO accession<\/strong> \u2014 the completion of negotiations with EU support opens access for Uzbek goods to global markets on preferential terms and strengthens the legal protection of investors.<\/p>\n<p><strong>Simplifying visas<\/strong> is crucial for business trips and educational exchanges. The EU is considering simplifying visa procedures for Uzbek businesspeople and students. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shavkat Mirziyoyev held talks with the heads of the European Council and the European Commission in Brussels. As a result, agreements were reached on new projects worth \u20ac10 billion in energy, logistics, pharmaceuticals, critical mineral extraction, textiles, and chemicals. The total portfolio of projects involving European companies exceeded \u20ac40 billion.  <\/p>\n","protected":false},"author":4,"featured_media":11729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/68fcbc911f54d.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":11729,"YlB8HH34jIzY":"Uzbekistan and the EU agreed on projects worth \u20ac10 billion"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2118,3241,2143,2730],"class_list":["post-11761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-economics","tag-eu","tag-investments","tag-wto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Uzbekistan and the EU agreed on projects worth \u20ac10 billion &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"Shavkat Mirziyoyev held talks with the heads of the European Council and the European Commission in Brussels. As a result, agreements were reached on new projects worth \u20ac10 billion in energy, logistics, pharmaceuticals, critical mineral extraction, textiles, and chemicals. The total portfolio of projects involving European companies exceeded \u20ac40 billion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frank.uz\/en\/news-en\/uzbekistan-and-the-eu-agreed-on-projects-worth-e10-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uzbekistan and the EU agreed on projects worth \u20ac10 billion\" \/>\n<meta property=\"og:description\" content=\"Shavkat Mirziyoyev held talks with the heads of the European Council and the European Commission in Brussels. As a result, agreements were reached on new projects worth \u20ac10 billion in energy, logistics, pharmaceuticals, critical mineral extraction, textiles, and chemicals. 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