TASHKENT, Uzbekistan, November 5. Uzbekistan’s
Trade Building Financial institution and French Building Company (AFD) have
signed a mortgage settlement for 30 million euros, Pattern stories.

In line with the report, Uzbek Trade Building Financial institution
and AFD will bolster cooperation within the building of renewable
power resources, power potency and girls’s entrepreneurship.

The events may also cooperate within the coaching of experts
of the Trade Building Financial institution.

In the meantime, intensive cooperation between AFD and Uzbekistan was once
laid all over the legitimate talk over with of President Shavkat Mirziyoyev to
Paris in November 2022. Throughout the framework of this talk over with, the
Executive of Uzbekistan and the French Building Company signed a
program of strategic cooperation till 2025.

Consistent with this system, it’s deliberate to put in force joint
tasks in agriculture, power, inexperienced financial system, city making plans,
water provide, banking and finance and shipping.

Previous this 12 months, Uzbekistan has established a Trade
Building Financial institution to supply additional improve for native small
companies.

Trade Building Financial institution supplies loans for as much as 7 years for
small trade tasks. For trade entities with a favorable
credit score and tax historical past, the requirement for collateral is lowered
through 50 p.c.