Yesterday, representatives of “Uzbek Overseas Geology Company” held a meeting with the management of the Mongolian company “ILCHIT KHURDAST LLC”. The discussions focused on prospective cooperation in the exploration and economic utilization of gold as well as other precious and useful minerals.

“ILCHIT KHURDAST LLC” presented geological reports for the analysis of results from previous exploration works. These materials will be thoroughly studied by Uzbek specialists, after which concrete decisions on the implementation of cooperation will be made.

This visit and negotiations are of great importance not only economically, but also politically and strategically. Firstly, geological exploration will strengthen economic ties between the two countries and expand the geography of foreign economic cooperation. Secondly, the joint discovery and development of natural resources will showcase Uzbekistan’s investment and technological potential on the international stage.

In the future, this cooperation will create new jobs, introduce modern geological technologies, enhance regional economic stability and partnership, and ensure the effective joint development of gold and other strategic minerals.

At the same time, such initiatives will further raise Uzbekistan’s prestige in international economic cooperation and secure the country’s active participation in global processes in the field of natural resources.