Uzbekistan|politics|November 13, 2024 / 12:43 AM
President of Uzbekistan meets with EBRD President

AKIPRESS.COM - President of Uzbekistan Shavkat Mirziyoyev met with President of the European Bank for Reconstruction and Development Odile Renaud-Basso on the sidelines of the COP29 Summit in Baku on November 12, UzA reported.

The parties discussed practical aspects of enhancing full-scale cooperation with this authoritative international financial institution.

It was noted with satisfaction that the Bank's investments in Uzbekistan exceeded 5 billion euros. Uzbekistan is the EBRD's largest partner in the region.

With the Bank’s active participation, privatization measures are being implemented in the banking sector, and the regulatory framework in investment and subsoil use is being improved.

The President of Uzbekistan paid particular attention to improving the quality of preparation and effectiveness of projects.

The country is focused on implementing and further developing the Partnership Strategy with the EBRD. New projects and programs in energy efficiency, the development of small and medium-sized businesses, women's and youth entrepreneurship, the implementation of PPP mechanisms in the social sector and infrastructure, and the development of green cities were identified as priorities for interaction.

Views were exchanged on the issue of preparing and holding the next meeting of the Foreign Investors Council next year.

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