Uzbekistan to host Iranian technology delegation

INSUBCONTINENT EXCLUSIVE:
technological and scientific cooperation.On this trip on July 19-22, a group of knowledge-based companies active in the fields of
Presidency for Science and Technology and by the House of Innovation and Technology of Iran (IHIT), the trip can expand Iran's technology
market in Uzbekistan and bring Iranian-made products closer to the global market.The Iranian delegation will travel to Uzbekistan to develop
Umurzakov announced readiness to develop technological cooperation with Iran.Good opportunities exist for technological cooperation between
technology, innovation, and development of knowledge-based firms.Science, technology advancement with knowledge-based ecosystemToday, the
country's knowledge-based ecosystem accounts for more than 3 percent of GDP
And the figure is projected to reach 5 percent, however, the main goal is to step toward a 10 percent share in GDP, Sattari told Fars on
February 13.The share of knowledge-based companies in the country's economy has exceeded 9 quadrillion rials (about $34 billion), and since
2019, it has experienced a growth of more than 450 percent, he stated.The knowledge-based ecosystem is a newly-emerged ecosystem but has so
far been able to solve many of the country's problems.The Innovation and Prosperity Fund affiliated with the Vice Presidency of Science and
Technology has earmarked a sum of 170 trillion rials (nearly $650 million) to support knowledge-based companies over the past 4 years.There
are currently 6,263 knowledge-based companies operating in the country, offering advanced products and services in various fields of
technology to domestic and foreign markets, and some of them have entered international markets, Siavash Maleki, deputy head of the Fund,
stated.The fields of aircraft maintenance, steel, pharmaceuticals, medical equipment, oil, and gas are among the sectors that researchers in
technology companies have engaged in, leading to import reduction.FB/MG