TASHKENT, Uzbekistan, May 7. Uzbekistan's
Entrepreneurship Development Company JSC and the Korea Credit
Guarantee Fund (KODIT) signed a Memorandum of Cooperation in
financial support systems, Trend reports via Uzbek Ministry of Economy.
The document was finalized during a meeting between the Deputy
Minister of Economy and Finance of the Republic of Uzbekistan, Umid
Abidkhadjayev, and the Chairman of KODIT, Kang Sung Jun.
The discussions focused on the second stage of a phased
cooperation and knowledge exchange program between the two
organizations.
The primary purpose of the meeting was to study methods for
improving the financial support system for business entities in
Uzbekistan based on international best practices.
Particular attention was paid to increasing the effectiveness of
guarantee instruments, the digitalization of internal processes,
and creating favorable conditions for the development of innovative
startups.
