On June 11, ahead of the third meeting of the Foreign Investors Council, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, received a delegation of the European Bank for Reconstruction and Development (EBRD) led by its President, Odile Renaud-Basso.

Issues related to the further expansion of Uzbekistan’s strategic cooperation with this reputable international financial institution were addressed.

The growing portfolio of joint projects was noted with satisfaction: EBRD investments in Uzbekistan have already exceeded 5.5 billion euros. Plans for the current year include attracting an additional 1.1 billion euros, a significant portion of which will be directed toward supporting the private sector.

The Partnership Strategy is being effectively implemented. With the active support of the Bank, the transformation of the banking sector is underway.

The President of Uzbekistan emphasized the importance of enhancing the effectiveness of cooperation and outlined the key priorities for collaboration.

These include technological modernization of the water supply system, advancement of the energy efficiency improvement program, development of the mortgage market, expansion of free economic zone infrastructure, strengthening of small and medium-sized enterprises, and support for women’s entrepreneurship.

Special attention was given to promoting public-private partnership projects in education and healthcare, as well as supporting startups aimed at the introduction of artificial intelligence and digital transformation.

An exchange of views also took place on the agenda of the upcoming third meeting of the Foreign Investors Council.

UzA