Uzbek-Hungarian Business Forum: promoting trade and investment

On May 7, 2024, as part of the 9th meeting of the Uzbek-Hungarian Intergovernmental Commission on Economic Cooperation in Tashkent, the Uzbek-Hungarian Business Forum was held, the PR center of the MIIT reports.

The event was attended by more than 200 representatives of the business community, heads of ministries and departments, and experts to discuss current issues of current cooperation and identify new promising areas for implementing joint projects and expanding trade ties.

The opening ceremony was attended by the Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov and the Minister of Foreign Affairs and Trade of Hungary Peter Szijjarto. The parties emphasized their firm commitment to strengthening long-term partnerships and comprehensive support for the business communities of the two countries.

During the Forum, a presentation of investment projects took place, and 137 meetings were organized in B2B and G2B formats, during which participants established strong connections to develop projects for new joint ventures and conclude mutually beneficial trade agreements.

As a result of the forum, a number of bilateral documents, investment agreements and export contracts were signed.

Today, a solid package of investment projects and trade contracts is being implemented with the Hungarian side in the banking and financial sector, agriculture, transport and logistics, mechanical engineering, pharmaceuticals, water management and other industries.