Tashkent, Uzbekistan (UzDaily.com) — A meeting was held at the Agency for State Assets with a delegation led by Baroness Ariel Mallard de Rothschild, a member of the supervisory board of Rothschild & Co.

At the beginning of the meeting, the director of the Agency noted that the privatization of Coca-Cola Ichimligi Uzbekistan, in which Rothschild & Co acted as a financial consultant, remains one of the first successful examples of privatization in Uzbekistan. He expressed gratitude to international partners for their professional contribution to this process.

During the discussion, representatives of Rothschild & Co were introduced to the achievements in privatization and state asset management in Uzbekistan over recent years. Measures to improve the legal and regulatory framework in this area were also highlighted, along with future plans, including the development of a new privatization program.

Baroness Ariel Mallard de Rothschild, in turn, congratulated the Agency’s leadership on the successful completion of the “People’s IPO” program and expressed Rothschild & Co’s readiness to actively participate in the development and progress of New Uzbekistan.

Furthermore, the foreign representatives shared their positive experiences in privatizing state assets, carried out according to international standards in various countries.

As a result of the meeting, the parties agreed to collaborate in the privatization of another major state asset in Uzbekistan this year, as well as to engage in a close exchange of experiences to achieve the set goals.