Uzbekistan, Hungary plan to boost investment and industrial cooperation

• Published date: 10 February 2023
• Publication title: Azer News

Uzbekistan and Hungary discussed prospects of boosting investment and industrial cooperation.

The matter was discussed between Uzbekistan's Minister of Investment, Industry, and Trade Laziz Kudratov, and Minister of Foreign Affairs and Foreign Economic Relations of Hungary Péter Szijjártó.

During the meeting, the parties emphasized the positive dynamics of multifaceted Uzbek-Hungarian cooperation in recent years. Cooperation in the banking sector, in particular, the entrance of Hungarian OTP Bank to Uzbekistan's market was highlighted. Hungary expressed interest in expanding the activities of the bank in Uzbekistan by attracting new companies and new joint financing projects.

The sides also expressed willingness to maintain intensive contacts at all levels to further increase the scope of the strategic partnership, as well as considered the prospects of increasing direct flights between the capitals of the two countries by...