The Council of Foreign Investors was established by the decree of the President of Uzbekistan on November 13, 2019. Its main task is to advise the Government of Uzbekistan on the country's most important areas of investment, industrial, technological, and innovative development based on the most successful experience and achievements of world practice.

November 16, 2022, the President of the European Bank for Reconstruction and Development Odile Renaud-Basso, leaders of big companies and banks such as ACWA Power, Procter & Gamble", "Mitsui", "KIA Motors", "General Electric", "John Deere", "Knauf", "White&Case", etc., as well as representatives of international financial institutions – the WB, the IFC, the ADB, and the IsDB were all present in the session.

It was emphasized that large-scale reforms have been carried out in Uzbekistan in recent years: the foreign exchange market liberalization, and more opportunities for private investors in energy, geological exploration, chemistry and petrochemistry, medicine, education, and other industries. The tax burden on business has been reduced, and the most comfortable conditions for foreign investment are being created.

Over the past five years, the inflow of foreign investment into our country has increased 10-fold, and its volume has reached almost $ 40 billion.

The President outlined the main goals within the framework of the Council's functions and priority areas for further partnership development with foreign investors.

• Strengthening guarantees and protecting the rights and interests of investors. Shavkat Mirziyoyev proposed to form a Committee for the Protection of Investors' Rights under the Council.
   
• Further reform in the banking and financial sector and openness to investor initiatives aimed at improvement of the banking sector.
   
• Further reduction of state participation and expansion of privatization. Public-private partnership mechanisms are being introduced in all sectors.
   
• The enormous natural resource opportunities of Uzbekistan, and the wide conditions created for foreign investors to participate in their development.
   
• Special attention is paid to the active involvement of foreign capital and technologies in the process of digitalization in the country within the framework of "Digital Uzbekistan - 2030".
   
• “Green” economy. Effective measures are being taken to develop scientific and technical potential and train specialists in renewable energy.

The President of Uzbekistan invited all present investors and partners to actively participate in these projects and programs.