Key Takeaways
- Uzbekistan’s Deputy Minister of Investment, Ilzat Kasimov, met with Xinjiang Huijia Biotechnology to discuss joint investment.
- The talks focused on introducing advanced agricultural technologies and innovative initiatives in the agro-industrial and biotechnology sectors.
- Xinjian Huijia, founded in 2021, is a leading producer of stevia, processing approximately 10,000 tons annually for various industries.
Negotiations for Joint Investment Projects
Uzbekistan’s Deputy Minister of Investment, Industry, and Trade, Ilzat Kasimov, engaged in discussions with representatives from Xinjiang Huijia Biotechnology, a prominent Chinese firm known for stevia cultivation and natural sugar substitutes. The meeting covered potential joint investment projects within Uzbekistan, with an emphasis on advancing agricultural technologies.
The parties aimed to expand their collaboration and develop innovative strategies in both the agro-industrial and biotechnology sectors. This agreement signals a commitment to fostering technological growth and investment in Uzbekistan’s agricultural landscape.
Xinjiang Huijia Biotechnology, established in 2021, is recognized as one of China’s leading biotechnology producers. The company processes around 10,000 tons of stevia each year, supplying its products to various industries, including food, pharmaceuticals, cosmetics, and chemicals. The collaboration aligns with Uzbekistan’s goals of enhancing its agricultural efficiency through modern technology and practices, indicating a bright future for agricultural development in the region.
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