ISLAMABAD, October 31. /Dunyo IA/. Ambassador of Uzbekistan Alisher Tukhtaev met with Dewan Yousuf, head of the Dewan Yousuf Group, one of Pakistan’s major industrial and business conglomerates, reports Dunyo IA correspondent.

The discussions focused on the development of the digital economy and crypto infrastructure, cooperation in the sugar and cement industries, and expanding trade and economic ties between the two countries.

Dewan Yousuf highly praised Uzbekistan’s potential in the fields of the digital economy, crypto assets, and blockchain technologies, expressing interest in implementing joint projects. In particular, he proposed exploring opportunities to attract international digital asset funds, establish modern digital platforms, and introduce energy-efficient technologies for cryptocurrency mining.

The parties also discussed prospects for cooperation in the sugar industry. The Pakistani side is exploring the possibility of importing raw materials, including from Brazil, processing them in Uzbekistan, and subsequently marketing the finished products on the domestic market. In this regard, they discussed the establishment of a joint project using the production facilities of the Angren Sugar Plant.

The meeting also covered cooperation in the cement industry and the development of trade and logistics links.

Following the talks, the parties agreed that the company would prepare detailed investment proposals and hold online consultations with relevant ministries and agencies of Uzbekistan. It is also planned to organize a business mission of the Pakistani delegation to explore promising projects directly in Uzbekistan.

Founded in 1916, Yousuf Dewan Companies is one of Pakistan’s major industrial and business groups. Its operations span automobile manufacturing, cement and sugar production, textiles, synthetic fiber manufacturing, and international trade. The group employs more than 4,000 people.