Dubai’s DP World, one of the largest port operators globally, signed a framework agreement with Uzbekistan to expand its presence in the Central Asian country in a move that will boost the flow of global trade and help to develop digital infrastructure.
The deal covers areas of economic co-operation, including the launch of new consumer e-commerce and FinTech platforms in Uzbekistan, as well as measures to streamline customs operations and establish a new inland logistics network that will support the expansion of the Navoi Free Economic Zone and the cargo terminal at Navoi International Airport.
The agreement is also expected to expand Uzbekistan’s trade network and position DP World as a strategic partner in boosting international trade.
The agreement was signed by DP World chairman Sultan bin Sulayem and Shukhrat Vafaev, Uzbekistan’s Deputy Minister of Investments and Foreign Trade, in the presence of Sardor Umurzakov,…
