Uzbekistan, France to strengthen trade ties

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Uzbekistan
President of Uzbekistan

Paris, 22 November 2022 (TDI): President of Uzbekistan, Shavkat Mirziyoyev arrived in France on 21 November for an official visit of two days. The French Minister of Culture, Rima Abdul Malak & other officials welcomed the Uzbek President at the airport.

Meetings of the President

As part of his official visit, President Mirziyoyev met with the executives of France’s top financial institutions and leading cooperations. The President also had meetings at the National Assembly of France.

The President had a meeting with the CEO of MEDEF International and heads of the world’s largest businesses and banks including Airbus, Orano, Suez, Alstom, Total Eren, EDF, Schneider Electric, and Natixis.

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President Mirziyoyev welcomed the attendees of the meeting. He said that to enhance economic cooperation Uzbekistan will always cooperate with France.

President Mirziyoyev shared that Uzbekistan has opened a wide range of prospects for foreign investors. He added that a program has been initiated for the privatization of banks, significant industrial & infrastructure facilities, & the foreign exchange market.

Uzbek President also noted that to stimulate business, specific measures are taken in accordance Development Strategy of New Uzbekistan.

It was highlighted that strengthening a diverse and constructive collaboration focusing on each other’s interests and mutual trust is of particular importance in the current state of instability in the world.

In this regard, there is a great opportunity for French companies to enter the Uzbekistan market as it is the most populous country in Central Asia. Moreover, products from Uzbekistan can enter the CIS market duty-free.

Furthermore, plans to strengthen the collaboration were the topic of discussion. Representatives of the French business community praised the economic reforms implemented in Uzbekistan.

They discussed their plans for implementing particular projects in Uzbekistan. Lastly, President Mirziyoyev invited French entrepreneurs to his country. He ensured them that Uzbekistan is the best for their investments.