Tashkent, Uzbekistan (UzDaily.com) -- President of the Republic of Uzbekistan Shavkat Mirziyoyev met with the Vice President of CNH Steven Nadherny, in New York.

The transnational company CNH, whose assets are worth almost $50 billion, is a strategic partner of Uzbekistan in the agricultural machinery industry. It produces road construction and agricultural equipment under the well-known brands Case and New Holland.

Vice President Steven Nadherny announced the company’s plans to privatize and modernize several industrial enterprises in the industry, increase production volumes of combines and cotton pickers, including the production of high-power tractors, and provide direct financing to leasing structures.

The President of Uzbekistan welcomed the company’s plans to expand its activities in the country.