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Economy 19/09/2024 Uzbekneftegaz and KPMG discuss strengthening cooperation

Uzbekneftegaz and KPMG discuss strengthening cooperation

Tashkent, Uzbekistan (UzDaily.com) — A meeting took place between the leadership of Uzbekneftegaz and the international consulting firm KPMG, focusing on enhancing collaboration and transforming the company’s business processes.

Particular attention was given to implementing advanced international practices and strategic solutions to meet global market requirements.

KPMG, a leading global provider of audit, tax, and legal services, has extensive international experience and operates in over 150 countries. A key focus of the company is ensuring transparency in financial reporting, conducting audits, and assisting in compliance with ESG (environmental, social, and governance) standards. The firm is also actively involved in the adoption of digital technologies and the development of effective corporate governance practices.

During the meeting, the parties exchanged experiences from recent years and discussed prospects for further cooperation, including initiatives to enhance financial reporting transparency, improve interaction with international financial institutions, and increase the investment attractiveness of Uzbekneftegaz.

The agreements reached lay the groundwork for implementing modern business solutions and accelerating reforms in Uzbekistan’s oil and gas sector, contributing to the strengthening of the country’s energy sector on the international stage.

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