Tashkent, Uzbekistan (UzDaily.com) — On 19 February, a meeting was held at the Ministry of Economy and Finance of the Republic of Uzbekistan with representatives of John Deere to discuss the prospects for developing the agricultural sector, implementing advanced technologies, and improving financial support mechanisms for farmers and agricultural clusters.

Representing John Deere at the meeting were Peter Zakse, Vice President for the CIS countries, Timo Zacharias, Director of Global Trade Finance, and Konstantin Kutelas, Director for Uzbekistan.

The Uzbek side was represented by Bakhtiyor Saburov, General Director of UHM Landtech LLC, Ibrat AbduMalikov, Investment Manager of the Department for Cooperation with European and American Countries, and Alisher Zakhidov, Director of the Department for Financial Support of Agricultural Reforms at the Ministry of Economy and Finance.

Key topics of discussion included expanding financial opportunities for the agricultural sector, particularly in terms of providing preferential credit lines. The parties also addressed improving customs benefits and subsidy mechanisms, including the application of customs preferences and subsidies for John Deere equipment.

Both sides expressed their readiness to strengthen cooperation in introducing innovative agricultural technologies, enhancing financial support for farmers, and attracting foreign investment into the sector.

Founded in 1837 in the United States, John Deere is one of the world’s leading manufacturers of agricultural, construction, and forestry machinery. The company offers modern tractors, harvesters, cotton pickers, and other types of equipment designed using cutting-edge technologies and innovative solutions.

Additionally, through its John Deere Financials division, the company provides financial instruments for agricultural producers, including credit and leasing services. Today, John Deere remains a reliable partner for the agricultural sector, supplying high-efficiency machinery to global markets.