TASHKENT, Uzbekistan, September 30. The Central Bank of Uzbekistan (CBU) has accredited a representative office of the Export-Import Bank of China, the CBU told Trend.
The representative office was established in order to study the financial market of the country and establish cooperation with government agencies and commercial banks.
In January 2024, the President of Uzbekistan, Shavkat Mirziyoyev, held a meeting with the Chairman of the Export-Import Bank of China, Wu Fulin.
During the meeting, the sides noted that the portfolio of joint projects in Uzbekistan has reached $3.5 billion. The bank intended to prepare new promising projects for the development of transport and social infrastructure, industry, and the private sector.
The Export-Import Bank of China was founded in 1994. It has assets worth more than $800 billion. It is China's leading financial institution for supporting foreign trade and international economic cooperation.