TASHKENT, Uzbekistan, October 23. The European
Bank for Reconstruction and Development (EBRD) is providing a
senior loan of up to 5 million euro to Global Export Company, one
of Uzbekistan’s leading agricultural commodity exporters, to
support its strategic transition from traditional commodity trading
to value-added processing operations, Trend reports.
The financing will underpin Global Export’s five-year
development plan, enabling the construction of a new production
facility in Tashkent, the acquisition of a processing line for
organic and sprouting beans, and the replenishment of working
capital. This investment will expand the company’s processing
capacity and open access to new export markets for mung beans.
Global Export currently exports legumes, nuts, and dried fruits
to over 40 countries across Asia, Europe, and North America. The
company plays a key role in stimulating agribusiness growth in
Central Asia, collaborating directly with 200 farms across
Uzbekistan and neighboring countries.
The project will benefit from concessional financing under the
EBRD’s Agrifood Nexus programme, funded by the German government
through its International Climate Initiative at the Federal
Ministry for the Environment, Climate Action, Nature Conservation
and Nuclear Safety (BMUKN). This support highlights the project’s
contributions to sustainable agriculture and environmental
protection. Technical assistance was also provided by the
Japan-Europe Cooperation Fund.
To date, the EBRD has invested nearly 5.8 billion euro in
Uzbekistan through 188 projects, with the majority of funds
supporting private entrepreneurship and driving the country’s
broader economic development.
