Uzbekistan to purchase 6 high-speed electric trains
The project of purchasing 6 high-speed electric trains will be implemented in Uzbekistan with the participation of Korea Eximbank.
A presidential decree “On measures to implement the project “Purchase of 6 high-speed electric trains” with the participation of Korea Eximbank” was adopted.
According to the decree:
• Uzbekistan Railways JSC and Temiryulekexpress JSC, which is part of it, are the executive bodies responsible for the timely and quality implementation of the project and the targeted and effective use of the debts of Eximbank of Korea;
• Uzmilliybank JSC is a financial agent for settlement of debts provided by Korea Eximbank;
• Reimbursement of debts allocated by Eximbank of Korea, including interest and other payments, will be made from the funds of Temiryulekexpress JSC, part of Uzbekistan Railways JSC.
The Minister of Economy and Finance was authorized to sign the debt refinancing agreement on behalf of the government.
Uzmilliybank JSC was authorized to sign an interbank agreement with an authorized bank of the Republic of Korea to settle the debt of Korea Eximbank.
Recommended
List of streets and intersections being repaired in Tashkent published
SOCIETY | 19:12 / 16.05.2024
Uzbekistan's flag flies high on Oceania's tallest volcano
SOCIETY | 17:54 / 15.05.2024
New tariffs to be introduced in Tashkent public transport
SOCIETY | 14:55 / 05.05.2023
Onix and Tracker cars withdrawn from sale
BUSINESS | 10:20 / 05.05.2023
Latest news
-
Abdusalom Azizov steps down as UFA President
SOCIETY | 11:26
-
Gov’t introduces new measures to support low-income families through subsidies and employment initiatives
SOCIETY | 19:17 / 21.01.2025
-
Surkhandarya governor allocates 661 million UZS to reward local officials for Homeland Defenders Day
POLITICS | 19:15 / 21.01.2025
-
Legislators pass bill aimed at preventing torture
SOCIETY | 19:14 / 21.01.2025