The President of Uzbekistan met with the heads of leading companies and banks in France

On November 21, President of the Republic of Uzbekistan Shavkat Mirziyoyev, as part of his official visit to France, held a meeting in Paris with the heads of leading companies and financial structures of this country.

The event was attended by Philippe Gauthier, General Director of the MEDEF Movement of French Enterprises, heads of about 20 major companies such as Airbus, Orano, Suez, Alstom, Total Eren, EDF, Schneider Electric, Natixis and others.

Welcoming the participants of the current meeting, President Shavkat Mirziyoyev drew attention to the fact that the first day of the program of his official visit is devoted to the business agenda.

"This once again testifies to Uzbekistan's firm commitment to expanding economic cooperation with France, our important and reliable partner," the head of our state said.

It was noted that wide opportunities for foreign investors have been created in Uzbekistan today. The foreign exchange market has been liberalized, all restrictions on the repatriation of profits have been lifted, a program for the privatization of banks, large industrial and infrastructure facilities has been launched, public-private partnership mechanisms are being actively introduced.

In accordance with the Development Strategy of the New Uzbekistan, specific measures are being implemented to further stimulate business, ensure the protection of investors' rights, the inviolability of private property and other areas.

We strive to ensure that Uzbekistan is associated with a foreign investor, first of all, with stability and predictability, - said Shavkat Mirziyoyev.
It was noted that in the current conditions of instability in the world, it is especially important to deepen a multifaceted and constructive partnership based on taking into account each other's interests and mutual trust.

In this context, there are huge prospects for the entry of French business into the Uzbek market. Its attractiveness is also due to the fact that it is the largest country in Central Asia by population, Uzbek products enter the capacious market of the CIS countries duty-free.

Readiness was expressed to provide entrepreneurs from France with all the necessary production infrastructure, broad support in the form of benefits and guaranteed purchases, as well as to provide other assistance measures.

President Shavkat Mirziyoyev highlighted the most promising areas for long-term and mutually beneficial cooperation, including the creation of joint productions of goods with high added value, "green" energy, food industry, chemical and automotive industries, electrical engineering and electronics, healthcare.

A detailed exchange of views took place on plans to expand the partnership. In their speeches, representatives of the French business community highly appreciated the economic reforms being implemented in Uzbekistan. They shared their vision of what specific projects they intend to implement in our country.

After talking with each member of the French business delegation, the head of our state invited entrepreneurs to visit our country and make sure that Uzbekistan is the best place for investment.

As a result of the meeting, the responsible leaders from the Uzbek side were instructed to develop and approve a Plan of practical measures with the inclusion of all the announced initiatives and the indication of step-by-step mechanisms, specific deadlines and performers.