Uzbekistan officially joins Eurasian Development Bank

Uzbekistan has officially joined the Agreement on the Establishment of the Eurasian Development Bank (EDB). The corresponding document was signed by President Shavkat Mirziyoyev.

The law was previously adopted by the Legislative Chamber of the Oliy Majlis on January 21, 2025, and approved by the Senate on March 18.

The Eurasian Development Bank, with an authorized capital of $7 billion, finances investment projects in its member states. Its core areas of focus include supporting initiatives in the “green economy,” transport and logistics, alternative energy sources, and other key sectors aimed at fostering regional development and integration.