On April 30, the Business Development Bank signed a Memorandum of Cooperation with the French company Descours SAS.

JSCB Business Development Bank and the Uzagrostar Holding have already started implementing the tasks outlined in the document.

A recent meeting was held between representatives of the bank and the French company to discuss the organization of joint activities.

At the meeting, further steps were outlined to establish the Yangiyul-Agrostar LLC agro-complex in cooperation with Descours SAS. The project envisages the reception, sorting, storage, flash freezing, processing, packaging, and transportation of agricultural products, such as tomatoes, bell peppers, greens, and other crops, for subsequent export to European countries.

Under the signed memorandum, cooperation is also planned in areas such as support in logistics and financing, organization of training seminars on quality standards, provision of technical assistance to agricultural producers, and establishing partnerships for investment projects.

UzA