Uzbek, Tajik state banks ink agreement on loan
Baku, Azerbaijan, March 10
By Fikret Dolukhanov – Trend:
The National Bank of Uzbekistan and the State Savings Bank of Tajikistan signed two documents on expansion of the bilateral cooperation during the official visit of Uzbek President Shavkat Mirziyoyev to Dushanbe on March 9, the press office of the Uzbek bank announced.
The interbank agreement on establishment of correspondent relations was signed in order to strengthen the cooperation and further develop and improve the interbank accounting system.
According to the information, an agreement on cooperation in trade financing, which provides for funding of deals concerning goods and services export from Uzbekistan to Tajikistan, has also been signed.
A credit line will be opened to implement the trade financing projects, aimed at increasing the export of goods and services from Uzbekistan in various spheres, such as textile, construction materials production, food, household chemicals, agricultural production, electric appliances, automobile and chemical production etc.