The agreement was signed during a meeting between IsDB President Muhammad Al Jasser and Uzbekistan’s Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov in Bangkok, on the sidelines of the 2026 annual meetings of the World Bank Group and the International Monetary Fund, the Saudi Press Agency reported.
The Agricultural Mechanization Development Project aims to improve farmers’ access to modern, efficient and climate-resilient machinery. It is expected to raise agricultural productivity, improve resource efficiency and strengthen agricultural value chains.
The meeting also covered the next phase of cooperation between Uzbekistan and the IsDB Group, including transport, renewable energy, water management, healthcare, Islamic finance, small and medium-sized enterprise development, capacity building and trade finance.
Both sides stressed the importance of closer cooperation to support Uzbekistan’s economic transformation and long-term development priorities.
Muhammad Al Jasser reaffirmed the IsDB Group’s commitment to working closely with the Uzbek government to promote sustainable and inclusive economic growth.
