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Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan and US-based Traxys have signed an agreement to expand cooperation in critical mineral resources. The document outlines further areas of engagement and joint work. It was signed following a meeting between Uzbek government representatives and the company’s management on the sidelines of the C5+1 business forum.
The talks were attended by Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev, Minister of Investment, Industry and Trade Laziz Kudratov, Minister of Mining Industry and Geology Bobur Islamov, and Traxys CEO Mark Kristoff.
The parties discussed the current state and prospects of their partnership in critical minerals. The main focus was on geological exploration, mining and advanced processing of mineral resources, attracting investment, introducing modern technologies and implementing joint projects.
The meeting followed earlier talks on transforming Uzbekistan’s mining and geological sector, creating favourable conditions for investors and developing long-term cooperation.
Participants noted the potential to expand engagement with industry enterprises and establish sustainable production chains.
Uzbek representatives reaffirmed their readiness to support the practical implementation of joint initiatives, while Traxys management expressed interest in further developing a mutually beneficial partnership and participating in promising projects in Uzbekistan.
Anvar Umarov
Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.
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