Chief of State Competition Committee meets South Korean envoy
01/07/2015 15:59
Chief of State Competition Committee meets South Korean envoy
01/07/2015 15:59
Tashkent, Uzbekistan (UzDaily.com) -- The chairperson of the State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition Davron Hidoyatov met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to the Republic of Uzbekistan Lee Wook-heon.
According to the committee, the sides discussed issues of privatization of state assets and receiving information in order to attract foreign investments.
The officials underlined that cooperation between the Committee and Korean Stock Exchange (KRX) on modernization of securities market of Uzbekistan, as well as with the Korea Consumer Agency in the sphere of improving system of consumer rights in Uzbekistan.
The Korean side was informed on work of the State Competition Committee on presidential decree “On measures on introduction of modern methods of corporate management in joint stock companies” from 24 April 2015 and “on presidential resolution “On measures on increasing share and importance of private sector in economy”.
The sides considered issues of informing potential Korean investors on privatization of large enterprises in chemistry, oil and gas, light industry, banking-financial sector, insurance companies, state assets in which it is planned to sell to foreign investors.
The sides also discussed opportunities of holding presentation of large Uzbek companies in Tashkent and Seoul for Korean investors, attracting international valuation companies to hold appraisal of state assets, realized to foreign investors.
The sides agreed to further develop cooperation in privatizations and improvement of corporate management at joint stock companies in Uzbekistan.
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