The Minister of Digital Technologies of Uzbekistan, Sherzod Shermatov, met with the Extraordinary and Plenipotentiary Ambassador of Switzerland, Simon Giger. The parties discussed areas of cooperation in digital technologies, artificial intelligence, innovations, investments, and research activities. The Ministry of Digital Technologies reported on the negotiations. Following the meeting, the parties confirmed their readiness to continue interaction between relevant organizations and representatives of the private sector.
Shermatov presented information on reforms in the field of digital transformation, the development of the IT industry, and the startup ecosystem. Participants specifically noted the work on creating conditions for attracting foreign investments, expanding the export of IT services, and supporting startups that combine software solutions with other technological capabilities.
The interlocutors paid special attention to artificial intelligence. Representatives of the two countries exchanged views on the development of open and applied AI models that can be used in digital education and other areas. Additionally, the parties discussed the possibility of more active participation of Swiss companies in investment projects in Uzbekistan, focusing on the application of Swiss export support mechanisms and further strengthening of business ties. No specific agreements were announced following the negotiations.
The financial framework of this policy is being established by the Central Bank. The regulator approved the National Strategy for the Development of Financial Technologies for 2026–2030 to make the country the most attractive jurisdiction in Central Asia for fintech companies. A separate section of the document is dedicated to artificial intelligence: the Central Bank will determine priority areas for its application in finance, launch pilots, and utilize technology in supervision to detect crimes. Authorities expect to attract up to $1 billion in investments to the sector.