Shavkat Mirziyoyev receives EBRD President and head of the OPEC International Fund

POLITICS 09:04 / 02.05.2024 1226

The highest level of partnership achieved in recent years, close and fruitful cooperation between Uzbekistan and the European Bank for Reconstruction and Development were noted.

Today, the Bank’s project portfolio in our country exceeds 4.4 billion euros. The share of the private sector in them is close to 70%.

A new Partnership Strategy between Uzbekistan and the EBRD has been adopted in order to expand the areas and scope of cooperation, primarily in such areas as small and medium-sized businesses, women's entrepreneurship, alternative energy, digital technologies and others.

With the active support and direct participation of the Bank, measures are being taken to prepare state-owned enterprises for privatization, major transactions have been implemented in the banking and financial sector, and the regulatory framework in the field of green energy, transport infrastructure, ecology and other priority areas is being improved.

The head of state noted the importance of the speedy preparation and implementation of new projects in the field of water supply, energy, road infrastructure, and the development of “green” cities.

An exchange of views also took place on the agenda of the upcoming meeting of the Council of Foreign Investors.

Also, the head of state noted the important role of the OPEC fund in achieving sustainable development goals.

The head of our state noted the important role of the OPEC Fund in achieving the main Sustainable Development Goals and highly appreciated the business projects financed in Uzbekistan in the fields of industry, infrastructure, water supply and others.

The importance of the speedy preparation and implementation of projects within the framework of the Agreement worth $500 million signed during the Forum was emphasized. The document provides for the promotion of new areas of practical interaction – tourism, logistics, pharmaceuticals, ecology, support for women's entrepreneurship and youth initiatives.

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