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Uzbekistan|economy|March 12, 2020 / 02:45 PM
EU provides 40 million EUR as budget support to agri-food sector of Uzbekistan

AKIPRESS.COM - The Government of Uzbekistan and the European Union have signed a Financing Agreement to provide 40 million EUR Grant Budget Support and Complementary Assistance for the reforms of Agri-food Sector of Uzbekistan, the EU Delegation in Uzbekistan said.

The proposed action will provide support to the Government of Uzbekistan in the implementation of the government’s new Agri-Food Development Strategy 2020-2030, focused upon the strengthening of public services to assist farms and agri-businesses.

The government of the Republic of Uzbekistan is committed to undertaking a wide range of reforms in the agriculture sector. This includes actions on agriculture land reform, development of new services to advise farmers, improve access to information, knowledge and innovation, reform of our training and education systems, digitalisation of the sector and investment in agri-logistics infrastructure and services. All of these actions are aimed at improving our competitiveness both at home and abroad.

"This Budget Support Programme targeting the Agriculture sector of Uzbekistan will provide a flexible and efficient instrument to help the Ministry of Agriculture and the Government to accelerate reforms and modernise the sector. Agriculture is a critically important sector for the economic and social development of the country. These funds will help the government to establish modern public services and become the leading producer and exporter of high-value agri-food products in Central Asia,” said Eduards Stiprais, Head of the EU Delegation in Uzbekistan.

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