On July 10, the management of UzAssets JSC met with representatives from the World Bank, including Remi Pelon and Francisco Igualada, alongside experts from the Ministry of Geology and Mining.
During the meeting, key strategic objectives for the transformation processes being implemented by UzAssets JSC at state-owned enterprises were thoroughly discussed. The conversation also included upcoming plans of these enterprises, focusing on expanding geological exploration, evaluating reserves according to international standards (JORC code), and producing high value-added products from the extracted raw materials.
A significant portion of the discussion was dedicated to mining projects currently being implemented in Uzbekistan with the support of the World Bank. The participants also exchanged views on the implementation of the ESG (Environmental, Social, and Governance) system at state-owned enterprises.
Additionally, the meeting covered the primary aspects of enhancing cooperation between the World Bank and state-owned enterprises.
The meeting concluded with an agreement on continued mutually beneficial cooperation.
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