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Gulf Press > Business > Oman and Uzbekistan sign MoU to investigate business opportunities in the logistics sector
Business

Oman and Uzbekistan sign MoU to investigate business opportunities in the logistics sector

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Last updated: 2024/10/13 at 1:10 PM
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Asyad Group, a leading logistics company, recently signed a memorandum of understanding (MoU) in Tashkent with the Ministry of Investment, Industry and Trade of Uzbekistan. The MoU aims to explore business opportunities between the two countries in the fields of logistics and supply chains. The agreement was signed by Shiekh Nasser Sulaiman Al Harthy, Deputy President for Operations at Oman Investment Authority and Laziz Kudratov, Minister of Investment, Industry and Trade of Uzbekistan.

One of the main objectives of the MoU is to leverage the expertise of Asyad Group in managing and operating various logistics services such as land ports, railways, warehouses, air cargo, last mile delivery, and e-commerce solutions. This collaboration is expected to enhance trade relations between Oman and Uzbekistan and facilitate the movement of goods between the two countries. The signing ceremony was attended by prominent individuals including Sayyida Wafa Jabr Al Busaidi, Ambassador of Oman to Uzbekistan, and Eng. Abdulrahman Salim Al Hatmi, CEO of Asyad Group.

The partnership between Asyad Group and the Ministry of Investment, Industry and Trade of Uzbekistan is a significant step towards strengthening economic ties between the two nations. By exploring business opportunities in the logistics sector, both countries can benefit from enhanced trade relations and increased efficiency in supply chain management. Asyad Group’s expertise in various aspects of logistics is expected to contribute to the growth of the sector in Uzbekistan and further establish Oman as a key player in the region.

The signing of the MoU in Tashkent signifies the commitment of Asyad Group and Uzbekistan to collaborate and explore new business opportunities in the logistics industry. By pooling their resources and expertise, the two parties aim to enhance the efficiency of supply chains and facilitate the movement of goods between Oman and Uzbekistan. This partnership is expected to open up new avenues for trade and investment, ultimately boosting economic growth and creating employment opportunities in both countries.

Asyad Group’s reputation as a leading logistics provider in the region makes them an ideal partner for the Ministry of Investment, Industry and Trade of Uzbekistan. With a focus on enhancing the efficiency of logistics services, the MoU aims to streamline supply chain operations and improve the overall business environment in both countries. By leveraging Asyad Group’s expertise and resources, Uzbekistan can benefit from enhanced logistics solutions that meet international standards and drive economic growth.

Overall, the signing of the MoU between Asyad Group and the Ministry of Investment, Industry, and Trade of Uzbekistan marks a significant milestone in the development of the logistics sector in both countries. By collaborating and exploring new business opportunities, Oman and Uzbekistan can strengthen their economic ties and pave the way for increased trade and investment. This partnership is expected to drive growth in the logistics industry and create a more efficient supply chain network that benefits businesses and consumers in both nations.

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News Room October 13, 2024
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