Facts & Statistics

Hungarian exports to Uzbekistan increased by 36 percent

Hungarian exports to Uzbekistan increased by well over USD 100 million in the first ten months of 2020 compared to the same period in 2019.

Foreign Affairs and Trade Minister Péter Szijjártó announced the news after a telephone conversation with Sardor Umurzakov, Deputy Prime-Minister and Minister of Investments and Foreign Trade of the Republic of Uzbekistan.

Szijjártó announced that the increase in Hungarian exports was also due to the fact that Uzbek authorities had simplified the registration of Hungarian medicines there. Intensive negotiations are taking place in the agricultural, energy and financial fields as well for Hungarian companies to invest in Uzbekistan, the minister added. 

The minister indicated that Sardor Umurzakov would come to Budapest next month, as a meeting of the Intergovernmental Joint Economic Committee had been convened for mid-February.

According to the minister, it is a good sign of future relationships that almost 500 Uzbek students indicated their interest in scholarships to study in Hungary as well. 

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