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President of Uzbekistan receives EBRD President


The President of the Republic of Uzbekistan Shavkat Mirziyoyev met with the President of the European Bank for Reconstruction and Development Suma Chakrabarti on March 16.

The head of our state, welcoming the guest, emphasized the importance of developing mutually advantageous cooperation between Uzbekistan and the EBRD.

As priority areas of cooperation, he outlined promising programmes and projects in the sphere of support of small business and entrepreneurship, banking and financial sector, modernisation of infrastructure, especially in rural areas, and the establishment of modern industries in the agro-industrial complex, chemical and petrochemical industry, metallurgy, in the production of electrical products and other fields.

For the last period of our cooperation, a total of 54 projects were implemented in various sectors of the economy with the funds of the European Bank, while their amount exceeded $ 500mn.

The EBRD President Suma Chakrabarti expressed his sincere appreciation to the President of our country Shavkat Mirziyoyev for the warm welcome and support for the development of bilateral relations, as well as a willingness to strengthen long-term and full-scale cooperation with Uzbekistan.

In accordance with the Programme of his stay in Uzbekistan, the EBRD President held a series of talks in the Senate of the Oliy Majlis, the Cabinet of Ministers, ministries and departments. Following the meeting, the parties signed a Memorandum of cooperation between Uzbekistan and the EBRD and the Agreement on implementation of technical assistance projects in the environmental field.