President of Uzbekistan advocates expansion of partnership with ADB

TASHKENT, Sept 25 (UzA/APP) : As part of the International Poverty Reduction Forum “Road to Prosperity” held in Namangan, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received Asian Development Bank (ADB) Vice-President Yingming Yang.
Vice-President Yingming Yang conveyed greetings and best wishes from ADB President Masato Kanda and congratulated the President of Uzbekistan on the successful organization of the forum.
The parties discussed practical aspects of deepening cooperation with this leading international financial institution within the framework of implementing the strategy of irreversible reforms in New Uzbekistan.
It was noted with particular satisfaction that a high level of cooperation has been achieved in recent years. The project portfolio currently amounts to $14 billion and encompasses areas such as green energy, transportation, digital transformation, education, and others.
The Leader of Uzbekistan called for the development of a new Comprehensive Strategic Partnership Program with the ADB, which would include new projects in the areas of infrastructure development, public-private partnerships, business, the social sphere, and the capital market.
Special attention was given to the promotion of projects aimed at poverty reduction, processing of critical minerals, budgetary support, and the creation of a joint investment platform. Measures were also discussed for the preparation and hosting of the Bank’s Annual Meeting of the Board of Governors in Uzbekistan next year.