The President of Uzbekistan discusses prospects for expanding cooperation with European businesses

Tashkent, June 12 (UzA/APP) : As part of the Tashkent International Investment Forum and the meeting of the Foreign Investors Council, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, received executives of several leading European companies, including Standard Chartered, International Hospitals Group, LVMH, and Airbus.
The Head of State emphasized that the growing number of forum participants from European countries reflects the mutual interest in expanding economic and investment cooperation.
The growth in trade volume, the number of joint ventures, and the investment portfolio with European countries were noted with satisfaction. Active cultural, humanitarian, educational, and tourism exchanges have also been established.
At the meeting with Saif Malik, CEO of Standard Chartered, prospects were discussed for expanding partnership in financing small businesses and infrastructure projects, and introducing new credit lines through Uzbekistan’s banks.
Plans for constructing a clinic and issues related to managing multidisciplinary medical centers in Uzbekistan under public-private partnership arrangements were discussed with Chester King, Chairman of International Hospitals Group.
The importance of expediting the opening of the LVMH flagship store in Tashkent City was noted. Discussions also addressed the potential integration of Uzbek silk and natural ingredients producers into the company’s supply chains.
In a meeting with Johan Pelissier, President of Airbus for Europe, special attention was given to prospects for expanding cooperation in the aviation sector. The importance of adopting a long-term cooperation program was emphasized.
The European company executives expressed their gratitude to the President of Uzbekistan for the warm welcome and the favorable conditions provided to foreign investors. They also affirmed their readiness to continue participating in the implementation of key projects and programs in priority sectors of the economy.