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Economy

Uzbekistan’s president and EBRD chief discuss cooperation priorities

The sides outlined priorities for next year and discussed preparations for the 2027 meeting of the Council of Foreign Investors.

Shavkat Mirziyoyev met EBRD President Odile Renaud-Basso on the sidelines of the COP31 summit in Antalya. Priorities for next year include upgrading power grids, developing the agrifood sector and launching the Tashkent International Financial Centre.

Author: Робот Source: President of the Republic of Uzbekistan

Uzbekistan President Shavkat Mirziyoyev meeting EBRD President Odile Renaud-Basso.
Shavkat Mirziyoyev and Odile Renaud-Basso meet in Antalya.

Uzbekistan President Shavkat Mirziyoyev met European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso on the sidelines of the COP31 summit in Antalya.

They discussed practical steps to further expand their strategic partnership. Uzbekistan has been the region’s largest recipient of EBRD funding for six consecutive years. Its project portfolio has exceeded $7 billion, and the volume of operations passed $1 billion for the first time in 2025.

The bank’s contribution to the green economy was also recognized: such projects account for about 60 percent of its investments in Uzbekistan.

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Priorities for cooperation next year include modernizing power grids, developing the agrifood sector, privatization in the banking sector, launching the Tashkent International Financial Centre and advancing public-private partnership projects.

The sides also discussed preparations for the next meeting of the Council of Foreign Investors in 2027.

Translated from Russian using artificial intelligence. Source: President of the Republic of Uzbekistan

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