Uzbekistan seeks faster financial privatization, stronger investor ties

Photo: The Ministry of Investment, Industry, and Trade of Uzbekistan

BAKU, Azerbaijan, October 19. Uzbekistan is seeking to accelerate privatization in its banking and financial sectors, improve state asset management, and attract international investors, Minister of Investment, Industry and Trade Laziz Kudratov said during a meeting with Auerbach Grayson President Nikhil Bhatnagar in Samarkand on October 19.

This was reflected in the statement by Uzbekistan's Ministry of Investment, Industry and Trade.

According to the information, the discussions focused on promoting Uzbekistan’s investment opportunities to international investors and expanding cooperation with foreign financial institutions and investment firms.

In addition, the sides discussed improving the management of state-owned assets and expanding engagement with foreign financial institutions and investment firms to develop mutually beneficial partnerships.

Auerbach Grayson is a New York-based global brokerage firm founded in 1993. It connects institutional investors with international securities markets through a network of local brokerage partners, providing services including investment research, securities trading, access to capital markets, and transaction execution. The firm says its network provides access to more than 120 markets worldwide.

Auerbach Grayson provides institutional investors with access to international equity markets through a network of local brokerage firms.