Uzbekistan, Oppenheimer Discuss Capital Market Development

Tashkent, Uzbekistan (UzDaily.com) — Deputy Prime Minister of Uzbekistan Jamshid Khodjaev held talks with Director of Oppenheimer & Co. Inc. Thomas Avezian and Co-Head for Eastern Europe, Central Asia and Türkiye Farkhod Inogambayev, who are attending the Tashkent International Investment Forum TIIF 2026.

The discussions focused on prospects for expanding cooperation in attracting international financing and developing Uzbekistan’s capital market. It was noted that cooperation with leading investment banks is essential to ensure access for domestic companies to global financial instruments and long-term investment resources.

Oppenheimer & Co. Inc., part of Oppenheimer Holdings, is one of the leading investment banks in the United States, providing a wide range of services in investment banking, capital markets, asset management, and private equity.

Particular attention was given to possible areas of cooperation, including financing infrastructure and corporate projects in Uzbekistan. These include the New Tashkent project, modernisation of airport infrastructure, issuance of corporate and sovereign eurobonds, and potential participation in future IPOs of state-owned enterprises.

The sides also noted existing cooperation with Uzbek companies and expressed interest in further expanding engagement with the private sector.

At the conclusion of the meeting, the parties agreed to continue work with relevant ministries and project initiators.