Shavkat Mirziyoyev addressed each member of the Hungarian business delegation

President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with heads of leading companies and banks of Hungary in Budapest.

The event was attended by Minister of Economic Development of Hungary Marton Nagy, Chairman of Chamber of Commerce and Industry László Parrag, President of OTP Bank Sándor Csányi, as well as heads of about 20 major companies and corporations such as Gedeon Richter, Bonafarm, Wizz Air, Raba Holding, Meditop, Master Good, Kite and others.

At the meeting discussed were prospective areas of mutually beneficial cooperation in such sectors as pharmaceutics, agriculture, food processing, electronics and electrical engineering, chemical, textile, leather and automotive industry.

The leader of our country enumerated the main achievements of Uzbekistan's economic policy in recent years, including liberalisation of currency market and profit repatriation, privatisation program of state assets and banks, industrial and infrastructure objects, tax reform and many others.

"The New Uzbekistan Development Strategy provides for continued work to create the most favorable conditions for entrepreneurs and expand the presence of foreign businesses in our country. The main thing is that foreign business believes in our transformation," Shavkat Mirziyoyev said.

At the meeting, it was announced the creation of a joint Fund for the financing of priority projects, which will be launched in the near future. It was proposed to allocate a separate industrial zone exclusively for Hungarian companies with providing it with all the necessary production infrastructure.

President Shavkat Mirziyoyev addressed each member of Hungarian business delegation. Detailed exchange of views on concrete joint projects has been held. At the end of the meeting, an agreement was reached to adopt a comprehensive roadmap for the practical implementation of all the initiated projects with specific deadlines and responsible executors.