The Ministry of Finance of Uzbekistan published a readout of a meeting between the deputy prime minister and economy and finance minister and senior JP Morgan executives focused on expanding cooperation around economic reforms, privatization, enterprise transformation, capital market development and links with international financial markets. The discussion centered on moving practical cooperation to a new stage and strengthening dialogue with international financial institutions and investors. Key topics included the transformation of state-owned banks and enterprises into efficient, transparent and competitive entities operating on market principles, alongside efforts to attract strategic investors. The talks also covered measures to develop the capital market, increase its liquidity and attractiveness, broaden the use of modern financial instruments, improve Uzbekistan's sovereign ratings and reinforce international investor confidence. At the close of the meeting, the sides agreed to continue mutually beneficial cooperation and expand exchanges on these issues.

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