President of Uzbekistan discusses cooperation priorities with EBRD President

On the sidelines of COP31 in Antalya, the President of the Republic of Uzbekistan Shavkat Mirziyoyev met with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development.

The practical aspects of expanding the strategic partnership with this leading financial institution were addressed.

For six consecutive years, Uzbekistan has been the largest recipient of EBRD financing in the region. The portfolio of joint projects has exceeded $7 billion, while the Bank’s annual operations in Uzbekistan surpassed $1 billion for the first time in 2025.

The Bank’s contribution to the green economy, with such projects accounting for approximately 60 percent of its investments in Uzbekistan, was praised.

Priority areas for cooperation next year were outlined, including modernizing power grids, developing the agri-food sector, advancing privatization in the banking sector, launching the Tashkent International Financial Center, and promoting public-private partnership projects.

The meeting also covered preparations for the next meeting of the Foreign Investors Council in 2027.

UzA