AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF UZBEKISTAN AND GOVERNMENT OF THE HUNGARIAN REPUBLIC

of November 7, 2011

About economic cooperation

The government of the Republic of Uzbekistan and the Government of the Hungarian Republic which are hereinafter referred to as with the Parties

wishing to strengthen friendship and to develop economic and other relations between the states of the Parties;

aiming to continue and improve the traditional economic relations, and also intending to develop and intensify economic, industrial, industrial and sci-tech cooperation on mutually advantageous basis;

being convinced that expansion of contractual conditions will provide proper and favorable bases for further cooperation;

agreed as follows.

Article 1

The parties promote expansion and diversification of cooperation in the field of economic and social development according to national legal systems of the states and provisions of international treaties which participants are the states of the Parties.

Article 2

Considering condition and perspectives of development of the economic relations of the Party agree that favorable conditions for long-term cooperation exist, including without limitation in such spheres as:

a) energy sector;

b) investigation, production and conversion, and also sale of mineral raw material resources and products of the mining industry;

c) agricultural industry, food and processing industry;

d) construction and production of construction materials and equipment;

e) chemical industry;

e) textile industry;

g) packaging technology;

h) environmental protection, rational use and protection of water resources;

i) woodworking industry;

й) education;

j) human resources development;

k) provision of services in the field of health care, medical technologies, pharmaceutical industry;

l) tourism, sport and resort case;

m) cooperation in the field of small and medium business;

o) communication;

o) computer and information technologies;

p) transport and logistics;

c) cooperation in scientific and technical area.

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