Baku, Azerbaijan, March 19
By Fikret Dolukhanov – Trend:
Delegation of the Directors’ Board of the European Bank for Reconstruction and Development (EBRD) will visit Uzbekistan on March 19-23 to discuss the country strategy, the press office of the Bank announced.
Earlier, First Vice President of the EBRD Phil Bennett said that the Bank’s strategy on Uzbekistan is to be adopted in Summer 2018. Preliminarily, the project is planned to be prepared in late March, Uzbek agency Podrobno.uz reported.
The visit program includes meetings in the state agencies, talks with representatives of other international institutions and business circles to discuss further reforms and priorities in liberalization of the state economy.
The EBRD delegation will meet with Uzbek Vice Premier Sukhrob Kholmuradov, Finance Minister Jamshid Kuchkarov, First Deputy Chairman of the Uzbek Central Bank Timur Ishmetov and MPs Sadyk Safayev and Alisher Kurmanov.
In 1992-2010, the Bank invested 894 million euros to Uzbekistan within the framework of 54 projects. The sides resumed the cooperation in 2017 after opening the representative office of the Bank in Tashkent.
The EBRD is the largest institutional investor in the Central Asia. The Bank’s invested roughly 11.6 billion euros ($12.3 billion) in various spheres of economy such as infrastructure and agriculture, with an accent on private sector.