TASHKENT, Uzbekistan, April 16. Uzbekistan and
China’s Export-Import Bank (Eximbank) have reached an agreement to
expedite the implementation of joint initiatives, Trend reports via the Uzbek
Ministry of Investment, Industry, and Trade.
The matter was discussed during a meeting between Deputy
Minister Ilzat Kasimov, Sun Ying, General Manager of the
Export-Import Bank of China (Eximbank), and Chen Zhou, Head of the
China-Eurasian Economic Cooperation Fund.
The participants reviewed the current state of financial
collaboration and committed to accelerating the execution of joint
projects.
According to information, the key forthcoming event in this
collaboration is the Uzbekistan-China and SCO Countries Economic
Forum, which is scheduled to take place on June 16 as part of the
5th Tashkent International Investment Forum.
Eximbank representatives have expressed their readiness to
support the participation of prominent Chinese enterprises in the
forum, further strengthening bilateral investment cooperation.
The meeting concluded with a reaffirmation of both parties’
commitment to deepening their strategic financial and investment
partnership.
Founded in 1994, the Export-Import Bank of China is a
state-owned policy bank specializing in concessional financing for
infrastructure projects. By the end of 2024, the bank’s total
assets are expected to reach $819.8 billion.
