BAKU, Azerbaijan, October 9. Uzbekistan and the
European Bank for Reconstruction and Development (EBRD) discussed
expanding cooperation in mining and geology, including regulatory
development and technical assistance for investment projects,
during a meeting in Tashkent on Oct. 8.
This was reflected in the statement by the Ministry of Mining
Industry and Geology of Uzbekistan, following a meeting between F.
Khamidova, first deputy minister of mining and geology of
Uzbekistan, and EBRD experts Paul Moffatt, Eric Rasmussen and
Matthew Starnes.
The discussions focused on cooperation in the mining and
geological sectors, particularly the development of subordinate
regulations and legal acts governing the industries.
Additionally, the sides exchanged views on opportunities for
EBRD technical assistance in preparing investment projects and
attracting investors to Uzbekistan’s mining and geological
sectors.
"The sides discussed opportunities to expand cooperation in
mining and geology, including regulatory development and technical
assistance for investment projects and investor attraction," the
Uzbek Ministry of Mining and Geology said.
The meeting forms part of Uzbekistan’s efforts to develop its
mining and geological industries, improve the regulatory framework
and attract investment into projects involving the exploration and
development of mineral resources.
The parties discussed potential areas for further engagement,
with a focus on practical support for project preparation and
investment mobilization.
