Hungarian foreign Minister discusses Investments with Uzbekistan Minister

Minister of foreign affairs and trade Péter Szijjártó has discussed cooperation between Hungary and Uzbekistan on nuclear engineering training with the Uzbek minister of investment and foreign trade.

Szijjártó had talks with Sardor Uktamovich Umurzakov in parallel with a meeting in Budapest of the Hungarian-Uzbek Economic Cooperation Intergovernmental Committee, the foreign ministry said in a statement on Wednesday. In connection with a nuclear power plant to be built in the near future in Uzbekistan, discussions focused on cooperation in the field of nuclear engineering training.

Meanwhile, with a view to boosting ties between companies of the two countries, the Hungarian Eximbank has opened a 46.5 million US dollar credit line and signed a credit agreement with two Uzbek banks. The aim is to help Hungarian food, water and health-care companies expand their market share in Uzbekistan.

In a bid to enrich bilateral social relations, scholarships are being offered to 30 Uzbek students, while Hungarian citizens will enjoy a visa waiver as part of a cooperation deal between Budapest and Tashkent, the statement said.

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