TASHKENT, Uzbekistan, April 18. Uzbekistan and
the Asian Development Bank (ADB) have agreed to expand cooperation
across a range of strategic sectors, with a particular focus on
energy, sustainable infrastructure, and economic reforms, Trend reports via the
Ministry of Economy and Finance of Uzbekistan.
The priorities were outlined during a meeting between
Uzbekistan’s Deputy Prime Minister Jamshid Kuchkarov and ADB
President Masato Kanda on the sidelines of the IMF and World Bank
Spring Meetings.
Expanding cooperation in the energy sector was identified as a
key area, including modernization of the electricity supply system,
improvement of energy efficiency, and acceleration of
decarbonization efforts. The sides also emphasized the importance
of supporting reforms aimed at ensuring sustainable and inclusive
economic growth, including strengthening macroeconomic stability
through budget support programs.
In addition, discussions covered water resource management, the
development of water supply and sanitation services, and the
creation of climate-resilient infrastructure. Both sides agreed to
deepen cooperation in transport and urban development, with a focus
on promoting green mobility and advancing integrated regional
development.
Agriculture and livestock development, strengthening food
security, and ensuring sustainable rural development were also
highlighted among priority areas.
At the conclusion of the meeting, the parties expressed
readiness to further strengthen ongoing cooperation and expand it
into new areas.
Meanwhile, ADB remains one of Uzbekistan’s largest development
partners, having committed more than $5.41 billion in financing
over the past five years.
