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NEWS

Vice President for the World Bank and IFC visits Uzbekistan

15 September 2012

http://www.worldbank.org of 9/15/2012 - On September 13-15, 2012, Mr. Janamitra Devan, Vice President for the World Bank and IFC Financial and Private Sector Development (FPD) visited Uzbekistan. The main objective of the visit was to take part in the international conference "On the role and importance of small business and entrepreneurship in the implementation of social and economic policy in Uzbekistan" held on September 14th 2012 in Tashkent. Mr. Devan, as one of the keynote speakers at the conference, delivered the speech on the Vital Economic Role of the Private Sector in Uzbekistan and Globally.  

 "Micro, small and medium-sized enterprises are at the heart of every country's economic ecosystem. Their capacity for innovation and expansion is the key to building competitiveness..." 

"A new paradigm is emerging around competitive industrial ecosystems and private sector development - envisioning a closer partnership between the public and private sectors, focused on competitiveness." 

"To achieve positive results, we must pursue a holistic approach to private sector development - focused on competitiveness, but also emphasizing inclusion and expanded opportunity.

 

In the course of his visit Mr. Devan has had a meeting with Uzbekistan authorities, private companies and made a city tour around Tashkent.