BAKU, Azerbaijan, November 2. Uzbekistan and
the Eurasian Development Bank (EDB) explored opportunities to
expand investment cooperation and attract financing for projects in
the country’s mining and metallurgical sectors at a meeting in
Tashkent on October 31.
According to the Uzbekistan's Ministry of Mining Industry and
Geology, the issues were discussed at a meeting between Feruza
Khamidova, First Deputy Minister of Mining and Geology of
Uzbekistan, and an EDB delegation led by Alexei Skatin, Deputy
Chairman of the bank’s Management Board.
The talks focused on opportunities to finance promising
projects, attract investment and expand cooperation in the
development of Uzbekistan’s mining and metallurgical
industries.
EDB representatives expressed interest in financing economically
viable projects and said they were ready to consider proposals from
the Uzbek side.
Following the meeting, the parties agreed to continue
discussions and explore potential areas for cooperation. Uzbekistan
is a member of the Eurasian Development Bank, which supports
regional economic integration through investment financing and
development projects. The bank's cooperation with the country
focuses on infrastructure modernization, industrial development,
energy, transport and other strategic sectors. Through its
financing instruments and regional partnerships, the EDB aims to
support investment activity, strengthen economic connectivity and
promote sustainable growth across its member states.
The Eurasian Development Bank (EDB) is a multilateral
development financial institution established in 2006 to promote
economic integration and investment across Eurasia.
