Baku, Azerbaijan, February 26
By Fakhri Vakilov - Trend:
Gazprombank (Russia) and Uzbek Ministry of Investment and Foreign Trade can create a joint company that will specialize in providing consulting services in the preparation of investment projects, Trend reports via Uzbek media.
The services include the development of business plans, marketing research, feasibility studies and other areas.
Uzbek Minister of Investment and Foreign Trade of Uzbekistan and Deputy Chairman of the Board of Gazprombank Alexey Matveyev agreed on this during negotiations.
During the talks, Matveyev stressed that the Direct Investment Fund, which is planned to be established at the Ministry of Foreign Trade, could raise the design activity of Gazprombank in Uzbekistan to a new level, as it has successful and productive experience of cooperation in a similar format with the Russian Direct Investment Fund.
“By making this visit, we would like to note that we are aimed at developing long-term and multilateral relations with Uzbekistan. For example, the bank is exploring Uzbek potential and has already developed an investment profile of the country in terms of regions,” Alexey Matveyev stated.
Gazprombank’s experience of can also be used to establish cooperation with the Ministry of Foreign Trade and Investments in creating a sustainable pre-export financing system, where exports are made in favor of counterparties on acceptable payment risks for the bank.
At the end of the meeting, Uzbek Minister of Investment and Foreign Trade noted the important contribution of Gazprombank to the development and strengthening of bilateral relations between Uzbekistan and Russian Federation.
The reliable reputation of the bank allows implementing large-scale joint projects, sharing experience and knowledge, as evidenced by field seminars held by Russian colleagues in the country to improve the skills of banking workers.
Following the meeting, a wide range of mutually beneficial cooperation was identified and priority areas for further joint activities were discussed. The parties have appointed responsible officials for constant communication and working out all questions on future interaction.
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