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25/March/2022   President

The President of Uzbekistan received the ADB President

TASHKENT, March 25. /Dunyo IA/. Yesterday, as part of the Tashkent International Investment Forum, President Shavkat Mirziyoyev received the President of the Asian Development Bank Masatsugu Asakawa, reports “Dunyo” IA correspondent.

According to the press service of the President of Uzbekistan, ADB President sincerely congratulated the Leader of Uzbekistan on the successful holding of the Investment Forum, which brought together the heads of leading international financial institutions and business representatives.

The current issues and promising areas for further deepening the strategic partnership between Uzbekistan and ADB were considered.

The President of Uzbekistan sincerely congratulated the ADB President on his recent re-election for another term and expressed special gratitude for the assistance provided in promoting the reform program in New Uzbekistan, including in overcoming the consequences of the coronavirus pandemic.

The dynamic development of bilateral relations was noted with satisfaction. The project portfolio has doubled in recent years and now exceeds $9 billion. The rate of assimilation of investments within the framework of joint projects has also doubled.

The technical assistance provided by the Bank to the irreversible reforms being carried out in Uzbekistan, including in ensuring macroeconomic stability, the financial sector, modernizing energy, transport and infrastructure, and unlocking the potential of human capital, was highly appreciated.

The main attention at the meeting was paid to the preparation of a new cooperation program between Uzbekistan and ADB.

The priorities of interaction are the accelerated introduction of the green economy, the development of mechanisms for mixed financing of projects, the expansion of programs to finance business, including women’s and youth entrepreneurship, the introduction of effective public-private partnership mechanisms, and support for projects in education and healthcare.

An agreement was reached on the adoption of a joint action plan to promote priority areas of strategic partnership between Uzbekistan and the Asian Development Bank.

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