Tuesday, 02, March, 2021

The Deputy Prime Minister/Minister of Investments and Foreign Trade S. Umurzakov held a meeting with Executive Director of the U.S. International Development Finance Corporation (DFC) Adam Boehler, the ministry reported.

The parties welcomed the launch of the Central Asian Investment Partnership initiative, which was put forward by the Uzbek authorities during the visit of the chief of DFC A. Boehler to Tashkent in July 2020.

This initiative, which provides for the mobilization of at least US$ 1 billion, will become a tool to stimulate the growth of inclusive, transparent and sustainable investments through the implementation of projects in various sectors of the Uzbek economy.

During the talks, the parties agreed on financing specific projects in the fields of energy, infrastructure, pharmaceutical and chemical industries, as well as agriculture.

They also discussed issues of joint implementation of the regional project of the Mazar-i-Sharif - Kabul - Peshawar railway. The U.S. official highly commended the importance of the project in strengthening transport and communication links between South and Central Asia and sustainable development of the countries of the region.

An agreement was reached to send a permanent representative of the DFC to Tashkent to promote the implementation of joint projects and initiatives, develop new areas of cooperation, as well as coordinate the DFC partnership with the countries of the Central Asian region.

In order to organize systemic interaction to ensure the implementation of the agreements reached, the parties decided to develop and adopt a joint "road map" for the earliest possible implementation of the agreements and agreed projects.

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