TASHKENT, Uzbekistan, November 2. Uzbekistan
and Japan Bank for International Cooperation (JBIC) have signed a
three-year cooperation program providing for the allocation of
non-sovereign financing for projects of Japanese companies in
Uzbekistan, Trend reports.
The signing took place during a meeting between the Uzbek
Minister of Investments, Industry, and Trade Laziz Kudratov and the
JBIC Chairman Tadashi Maeda.
Kudratov also met with representatives of the Japan
International Cooperation Agency (JICA).
At the meeting, the parties approved a program for developing
new projects in areas such as the training of engineering
personnel, the creation of an industrial technopark, and the launch
of the “One Territory – One Product” program to teach
entrepreneurship skills to the population.
To note, on October 29-31 of this year, Kudratov held a series
of meetings and negotiations in Tokyo with officials, heads of
financial institutions, and major companies from Japan.
During the meetings, the parties discussed a number of pressing
issues related to Uzbek-Japanese trade, economic, and
financial-technical cooperation and developed concrete steps to
further increase the volume of industrial cooperation and trade
across various sectors of the economy.
Overall, the visit highlighted the high level of trust from
Japanese government and business circles in the investment climate
created in Uzbekistan, as well as their readiness to actively
participate in the implementation of investment projects and
establish direct cooperation with the country’s entrepreneurs.
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