Baku, Azerbaijan, Aug. 3
By Fikret Dolukhanov – Trend:
The European Bank for Reconstruction and Development (EBRD) plans to participate in financing of the program of technical re-equipment, modernization and development of Uzbekistan's gas transportation system, Uzbek media reported referring to the results of talks between Uzbek Deputy Prime Minister, Chairman of the Board of Uzbekneftegaz JSC Alisher Sultanov and EBRD President Suma Chakrabarti, which were held in Tashkent.
“It was agreed that the bank will provide proposals for implementation of the program in the near future, including determining the preliminary amount of financing and indicative conditions,” the Uzbekneftegaz press service noted.
The EBRD head also underlined that President Shavkat Mirziyoyev is carrying out large-scale reforms in domestic and foreign policy, economy and other spheres in Uzbekistan.
He added that the visit to the country will help the bank prepare its new medium-term strategy in Uzbekistan, aimed at supporting attracting of new EBRD investments to the country and carrying out key reforms by the government.
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