The practical visit of the President of Uzbekistan to Hungary was full of productive meetings and valuable agreements. Local and foreign experts share their views on this historic event.

Director of the Institute for Eurasian Turkic Studies in South Korea, Professor Oh Eun-kyung:

– Thanks to the efforts of the leaders of Uzbekistan and Hungary, relations between the two countries have reached an entirely new level in recent years.

Both countries attach great importance to regular political dialogue at various levels. It should be noted that the three high-level meetings held over the past two years indicate that Uzbekistan and Hungary are equally interested in further strengthening cooperation.

Budapest highly appreciates Tashkent’s efforts to strengthen stability in the region and support the peace process in Afghanistan. Cooperation within the framework of international organizations, particularly the UN, the EU, the OSCE, the Organization of Turkic States, and others, is developing at an accelerated pace.

There is no doubt that this time the meeting of the leaders of the two countries in Budapest and the agreements reached will further strengthen these relations. During the dialogue, the prospects for further deepening the strategic partnership and building up multifaceted cooperation between Uzbekistan and Hungary were widely discussed, particularly in the political, trade, economic, investment, financial, technical, cultural, and humanitarian spheres.

Uzbekistan in Central Asia and Hungary in Central Europe are countries of strategic importance. Hungary is successfully developing the key factors of the region’s export potential, primarily the transport and logistics system, human capital in the medium and high-tech sector, investments in the science-intensive service vector, research and development, and e-commerce.

The Uzbekistan and Hungarian peoples are rightly proud of their rich history, unique spiritual and cultural heritage, and great ancestors who contributed significantly to developing world civilization. In this context, it should be noted that the economic potential of Uzbekistan and Hungary, which have historical and cultural standard features, largely complement each other.

I am sure that the regular continuation of the constructive dialogue between the leaders of Uzbekistan and Hungary will further develop interstate relations.

Executive Director of Kingsley Strategic Institute (Malaysia) Max Say:

– Due to the intensification of Uzbekistan – Hungary dialogue, trade, economic and investment relations have significantly expanded, and interregional cooperation has been established.

The following high-level talks in Budapest again demonstrated the parties’ mutual interest in deepening the strategic partnership and multilateral cooperation.

At the same time, there is enormous potential for further improvement of relations in the medium term through the implementation of joint projects in such vital areas as pharmaceuticals, agriculture, and the food industry.

The entry of the Hungarian OTP Bank into the Uzbek market is significant for European business as a strategic idea. This successful project will encourage other Hungarian and European companies to cooperate with Uzbek partners.

The launch of direct flights between Tashkent and Budapest on August 20 this year will further intensify business relations and accelerate the tourist flow between the countries.

Chairman of the Board of Directors of EkoAvrasya (Türkiye) Hikmet Eren:

– Thanks to the new vector of the foreign policy of President Shavkat Mirziyoyev, relations between Uzbekistan and Hungary have risen to the level of strategic partnership. As a result, real progress was achieved in trade, economic, cultural, and humanitarian cooperation.

The recent practical visit of the Leader of Uzbekistan to Budapest and the results of high-level agreements are evidence of the deepening of multifaceted cooperation and rich potential for the future.

These changes are also significant because they aim to create favorable conditions for economic liberalization, business, and investment cooperation. In general, Uzbekistan is becoming an increasingly promising financial partner for Hungary. My opinion is confirmed by the fact that such large Hungarian companies as Bonafarm, Gedeon Richter, Meditop, and Wizz Air actively participate in trade, economic, and investment projects with Uzbekistan.

The set of effective agreements reached following the practical visit of President Shavkat Mirziyoyev to Budapest will serve to develop trade and economic relations between Uzbekistan and Hungary. It will be another bold step toward the interests of people of the two countries.

UzA