Tashkent, Uzbekistan (UzDaily.com) -- According to the Embassy of Uzbekistan, on 3-4 September, the international investment bank Wood & Company organized an online event to attract investors’ attention to the new emerging markets of Europe and Eurasia "Frontier Investor Days", Dunyo news agency reported.

Within the framework of the event, separate sessions were organized for such countries as Bulgaria, Kazakhstan, Romania, Slovenia, Ukraine, Croatia and Uzbekistan, dedicated to the issues of economic development.

The speakers from the Uzbek side were the First Deputy Chairman of the Senate of the Republic of Uzbekistan Sodik Safoev, Director of the Agency for Capital Market Development Atabek Nazirov, Acting Chairman of the Board of the investment company "UzAssets" Akram Mukhamatkulov and Ambassador Said Rustamov.

Representatives of the Senate and the Embassy informed the participants of the event about the large-scale reforms carried out in Uzbekistan in recent years, primarily in the field of economic liberalization, increasing the country’s investment attractiveness, expanding trade, economic and investment ties with the states of Central Asia and other regions.

The visible practical results of the reforms were especially noted - the dynamic economic growth even against the background of the economic crisis caused by the coronavirus pandemic, the growth of the republic’s positions in international rankings, the successful entry of the republic into the international stock market.

In turn, the heads of the Agency for the Development of the Capital Market and the investment company "UzAssets" made a detailed presentation on the state and prospects for the development of the capital market in Uzbekistan, including plans to create an International Financial Center in the country, as well as privatization processes and measures to ensure investment attractiveness of enterprises with state participation.

According to the organizers, more than 100 banking and financial institutions, investment companies, pension and hedge funds, including the EBRD, HSBC, Blackrock, Fidelity, BCR Private Pension Fund, Sandglass capital advisors (UK) ltd, Dunross & Co, took part in the events. InterCapital Asset Management, Karoll Capital Management, Metzler Asset Management GmbH and others.