TASHKENT, Uzbekistan, February 5. Uzbekistan's
Ministry of Digital Technologies, IT Park, and Malaysia Digital
Economy Corporation (MDEC) are planning to sign a memorandum of
cooperation aimed at advancing digital economies and innovations in
both countries, Trend reports.
During the official visit of President Shavkat Mirziyoyev to
Malaysia on February 4-5, 2025, a productive meeting took place,
where both sides discussed the details of the upcoming
memorandum.
This agreement is expected to pave the way for greater
collaboration between the two nations in the fields of IT and
business development. The cooperation is set to focus on enhancing
digital economies, fostering innovation, and exploring new
opportunities for business partnerships between Malaysia and
Uzbekistan.
The parties also addressed the preparation of an
Uzbekistan-Malaysia trade mission in Uzbekistan's Sirdaryo region,
with the goal of expanding commercial ties and facilitating mutual
growth. The memorandum will support the entry of Malaysian
companies into the Uzbek market, as well as assist Uzbek businesses
in broadening their global reach.
Furthermore, the agreement will include provisions for
outsourcing IT processes to IT Park Uzbekistan residents, providing
joint initiatives to introduce Malaysian IT companies in
Uzbekistan, and supporting the development of startups and
innovative businesses in both countries. This collaboration is
expected to strengthen bilateral relations and contribute to the
growth of digital ecosystems in both Uzbekistan and Malaysia.
Meanwhile, Uzbekistan and Malaysia signed a Joint Statement on
deepening bilateral cooperation towards strategic partnership.
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