Uzbekistan's Foreign Minister Bakhtikyor Saidov on September 25 received copies of the credentials of the newly appointed Ambassador Extraordinary and Plenipotentiary of Hungary, József Rózsa.
Congratulate H.E. József Rózsa on his appointment as the Ambassador Extraordinary and Plenipotentiary of #Hungary to #Uzbekistan. As we received the copies of his credentials today @uzbekmfa, had a discussion of the main priorities of our cooperation and plans for the near… pic.twitter.com/gbwiPpOviT
— Bakhtiyor Saidov 🇺🇿 (@FM_Saidov) September 25, 2023
The Minister congratulated the Ambassador on his appointment and wished him success in his new role. They also exchanged ideas about the key areas of bilateral cooperation and future plans.
In early April, Daryo reported that Tashkent and Budapest have agreed to establish a Special Investment Fund with an authorized capital of €50mn to finance specific projects of Hungarian companies in Uzbekistan. This was announced during a virtual meeting of the Minister of Investment, Industry, and Trade of Uzbekistan, Laziz Kudratov, with the Minister of Economic Development of Hungary, Marton Nadem.
Further, it was revealed in August that Uzbekistan and Hungary came together to create a joint investment fund amounting to $100mn. The fund is poised to provide a platform for collaborative projects that can drive growth and innovation in various sectors.
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