AIIB to strengthen cooperation with Uzbekistan

On July 13, 2019, a delegation of Uzbekistan led by the Minister of Investment and Foreign Trade Sardor Umurzakov, within the framework of participation in the annual conference of the Asian Infrastructure Investment Bank (AIIB), held talks with the bank president Jin Liqun.

As noted by the AIIB head, Uzbekistan, under the leadership of Shavkat Mirziyoyev, is at the stage of powerful economic reforms. The pace and prospects of economic growth remain favorable for increasing interaction with both bilateral and multilateral partners, including international financial institutions.

According to the Uzbek embassy in Brussels, during the meeting, it was emphasized that AIIB is a reliable and long-term partner of Uzbekistan and intends in the near future to strengthen its cooperation with the republic in practical terms, supporting the allocation of necessary financial resources to the priority development goals of the country.

The parties agreed on a plan of contacts for the near future. The Minister invited the AIIB President to visit Uzbekistan before the end of this year with an official visit at a convenient time for him.

Following the talks, a memorandum on financing a series of development projects in Uzbekistan was signed.