From October 27 to 29, 2025, a delegation from the National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) took part in the Financial Street Forum 2025 in Beijing.

As part of the forum, the NBU delegation met with the management of the Export-Import Bank of China (China Eximbank), led by Chairman Chen Huaiyu, and signed a Strategic Partnership Agreement with the bank.

During the talks, the sides reviewed the results of more than 20 years of mutually beneficial cooperation. Over this period, with the support of China Eximbank, NBU has implemented several major infrastructure and social projects in Uzbekistan totaling approximately $1.8 billion. The financing has been directed toward the development of key sectors of the economy – energy, transport, telecommunications, healthcare, education, water management, and industry, as well as to supporting small and medium-sized businesses.

The signed agreement envisions elevating the partnership to a strategic level and expanding mutual settlements in national currencies, in line with strengthening the resilience of bilateral financial relations and diversifying currency operations.

The Export-Import Bank of China expressed its readiness to expand the use of yuan-denominated financial instruments and to open a new $100 million credit line. This initiative will enhance support for priority investment projects and strengthen the stability of transactions in national currencies.

UzA