TASHKENT, Uzbekistan, February 27. Uzbekistan’s
Foreign Minister Bakhtiyor Saidov and Tim Reid, CEO of UK Export
Finance (UKEF), signed a memo to support priority infrastructure
projects in Uzbekistan, the Uzbek foreign minister wrote on his X
page, Trend
reports.
“We discussed Uzbekistan’s ongoing economic reforms aimed at
further improving the investment climate and strengthening the role
of the private sector in driving sustainable growth,” Saidov
stated.
He added that the signed memorandum will enable the parties to
leverage UKEF’s financial instruments for the implementation of
priority infrastructure projects in Uzbekistan.
UK Export Finance is the United Kingdom’s export credit agency,
providing government-backed loans, guarantees, and insurance to
support British companies in international markets and facilitate
overseas infrastructure and industrial projects.