Ministry of Economy and Finance of the Republic of Uzbekistan

The meeting was attended by Manraj Sekhon, Chief Investment Officer of Templeton Global Investments and Chief Executive Officer of Templeton Asset Management; Marius Dan, Chief Executive Officer for Central Asia at Templeton Global Investments; and Khurshed Mustafayev, Deputy Minister of Economy and Finance responsible for the oil and gas sector.
 

During the meeting, the parties discussed Uzbekistan’s ongoing economic reforms, efforts to improve the efficiency of state-owned enterprises, the development of capital markets, and opportunities to expand cooperation with international investors.
 

In particular, discussions focused on the transformation of companies within the portfolio of the Uzbekistan National Investment Fund (UzNIF), strengthening their corporate governance frameworks, enhancing financial transparency, and improving their investment attractiveness.
 

The parties also explored preparations for initial public offerings (IPOs) of shares in selected companies, opportunities to access international capital markets, attract institutional investors, and leverage international expertise throughout these processes.
 

Both sides discussed opportunities to enhance the efficiency of investment processes, introduce corporate governance practices aligned with international standards, and foster long-term investment cooperation.
 

At the conclusion of the meeting, both sides expressed their interest in maintaining dialogue, exploring opportunities for cooperation in priority areas, and discussing potential joint initiatives.

PR and Communications Department

Ministry of Economy and Finance