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EIB to expand co-op with Uzbekistan in key sectors

Finance Materials 19 November 2018 12:48 (UTC +04:00)

Baku, Azerbaijan, Nov. 19

By Fikret Dolukhanov – Trend:

On Nov. 19-21, a delegation of the European Investment Bank (EIB), headed by Vice-President of the EIB Vasil Khudak, will take part in the First International Tourism Investment Forum (ITIF) in Tashkent, Uzbek media reported referring to Khudak as saying during a meeting with Ambassador of Uzbekistan to the EU Dilyor Khakimov.

The sides discussed the upcoming events of the Uzbek-European financial cooperation. In particular, the parties exchanged views on the current state of development of promising EIB projects in Uzbekistan during the implementation of the framework agreement, as well as agreements on the allocation of funding for 200 million euros signed on Oct. 5, 2018 in Paris.

The EIB delegation noted that the bank is looking forward at expanding cooperation with Uzbekistan.

Khudak underlined that the bank does not intend to stop on what had been achieved and is going to work in such priority directions as central heating, waste management, agriculture, and agro-food.

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