On October 3, Uzbekistan – Hungary Business Forum took place with the participation of business circles of the two countries within the framework of the visit of the President of the Republic of Uzbekistan to Hungary.

The business forum was attended by leading companies of Uzbekistan and Hungary in the automotive industry, transport, pharmaceuticals, agriculture, textiles, information technology, the leather industry, and heads of banking and financial institutions.

At the event, the National Bank for Foreign Economic Activity of the Republic of Uzbekistan signed an agreement with the Hungarian Export-Import Bank to attract a credit line for 50 million euros.

One of the advantages of this agreement is also the possibility of direct cooperation with the Hungarian Export Credit Insurance Private Limited Company (MEHIB), which is part of the Hungarian Eximbank Group and provides financing for risks associated with the production and supply of equipment, outstanding debts, supplier or buyer loans, leasing, bank guarantee and investments.

UzA