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Germany strengthens cooperation with Uzbekistan

Business Materials 5 June 2020 17:39 (UTC +04:00)
Germany strengthens cooperation with Uzbekistan

BAKU, Azerbaijan, June 5

By Ilkin Seyfaddini – Trend:

German Federal Ministry for Economic Cooperation and Development (BMZ) will continue its cooperation with Uzbekistan, Trend reports with reference to Deutsche Welle news agency.

“The German Federal Ministry for Economic Cooperation and Development is carrying out a major reform with the intention of reducing the number of partner countries from 85 to 60. Uzbekistan is not among the countries with which Germany is terminating joint projects,” the report said.

"Uzbekistan will remain the only BMZ partner in Central Asia. Due to the positive development of Uzbekistan as a result of the reforms of the last three years, Germany and Uzbekistan strengthened their cooperation," the report says.

In 2019, BMZ agreed to support new projects in Tashkent in the field of healthcare, small and medium enterprises. As expected, these projects will be approved in summer 2020.

However, curtailing the cooperation does not mean that countries will lose Germany as a partner. At the same time, the reform will actually stop direct contacts between the states through two German intermediaries - the German Agency for International Cooperation (GIZ) and KfW Development Bank.

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