The recent visit of the President of Uzbekistan to Hungary was fruitful and marked by a slew of beneficial agreements. Local and foreign commentators have expressed their opinions on the momentous event.
Director of the Institute for Eurasian Turkic Studies in South Korea, Professor Oh Eun-kyung:
– Thanks to the endeavors of the leaders of Uzbekistan and Hungary, relations between the two countries have been elevated to a higher level in recent years.
The two nations have placed importance on regular political dialogue at different levels. It is worth noting that the three high-level meetings held in the past two years demonstrate that both Uzbekistan and Hungary are keenly interested in furthering cooperation.
Budapest highly appreciates Tashkent’s efforts to ensure stability in the region and promote 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 advancing rapidly.
It is beyond doubt that the meeting of the leaders of the two countries in Budapest and the agreements reached will further reinforce these relations. During the discussion, the prospects for deepening the strategic partnership and expanding 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 great importance. Hungary is prospering in the key factors of the region’s export potential, particularly 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 rightfully proud of their glorious history, unique spiritual and cultural heritage, and great ancestors who contributed significantly to the development of world civilization. In this regard, it should be noted that the economic potential of Uzbekistan and Hungary, which have historical and cultural commonalities, largely supplement each other.
I am certain 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:
– Owing to the intensification of Uzbekistan – Hungary dialogue, trade, economic and investment relations have significantly expanded, and interregional cooperation has been established.
The latest 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 improving 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 direction of the foreign policy of President Shavkat Mirziyoyev, relations between Uzbekistan and Hungary have been elevated 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 attractive financial partner for Hungary. My opinion is confirmed by the fact that such large Hungarian companies as Bonafarm, Gedeon Richter, Meditop, and Wizz Air are actively involved 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 contribute to the development of trade and economic relations between Uzbekistan and Hungary. It will be another bold step towards the interests of the people of the two countries.
UzA