Tashkent, Uzbekistan (UzDaily.com) -- The Foreign Investors Council (FIC) under the President of the Republic of Uzbekistan is set to convene its next plenary session on 2 May 2024. 

In preparation for this event, the Europe-Uzbekistan Association for Economic Cooperation (EUROUZ) is working to coordinate and support the European companies to present their proposals, recommendations and issues and has organized a first call with the FIC Secretariat for EUROUZ members to commence the preparation process.

The FIC has undertaken extensive efforts to support investors in Uzbekistan & this work has been led by the FIC Secretariat throughout the year through several working groups with the FIC members. Through thorough analysis of the investment climate and input from current investors, the FIC Secretariat has compiled an Investor Handbook on different topics to provide insights for potential investors interested in Uzbekistan.

The coordination call aimed to foster further understanding, feedback and agenda for the upcoming event in May. Representatives of various sectors and industries attended the meeting. During the meeting, the FIC Secretariat identified the discussion subjects that it expects to be covered during the Plenary, which include Tax and Tax Administration, Privatization and PPP, Digitalization and ICT, Finance and Banking, and Green Economy.

The coordination call between EUROUZ and the Foreign Investors Council (FIC), with the participation of representatives of business, intends to provide a common platform for European companies to exchange insights and coordinate their plans in preparation for the upcoming plenary session, which will serve as the preparatory step for the companies to contribute to the formulation of the agenda. The European companies will now be invited to submit their feedback, proposals & issues that they would like to be addressed for the upcoming event in May via EUROUZ, which will then be submitted to the FIC Secretariat and the relevant government institutions of Uzbekistan ahead of the plenary meeting.