OPIC resumes activities in Uzbekistan
18/08/2018 10:08
OPIC resumes activities in Uzbekistan
18/08/2018 10:08
Tashkent, Uzbekistan (UzDaily.com) -- The Overseas Private Investment Corporation (OPIC) under the US Government resumes its activities in Uzbekistan. This was announced during a meeting at the Senate of the Oliy Majlis of the Republic with the delegation of OPIC.
First Deputy Chairman of the Senate of the Oliy Majlis of the Republic of Uzbekistan Sadyk Safoev received an OPIC delegation led by Executive Vice President David Bohigian.
The parties noted that as a result of the historic visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to the United States in May 2018, the Joint Statement "Uzbekistan and the USA: the beginning of a new era of strategic partnership" was adopted.
At present, bilateral "road maps" are being implemented to implement the agreements reached for a total of about US$5 billion.
The OPIC delegation received information on the ongoing reforms in Uzbekistan.
The guests said that OPIC is resuming its activities in Uzbekistan and will assist the US business in investing in the Uzbek market by providing loans and guarantees.
The corporation also provides support in the creation of private and managed investment funds. In addition to capital, OPIC assists developing countries in accessing managerial skills and financial expertise, which are key factors in expanding economic development and creating new opportunities for entrepreneurs in developing countries.
During the conversation, the representatives of the Corporation stressed that the Uzbek market is viewed as a promising target of investment, which is primarily contributed to the stability of the political and economic situation in our country, as well as ensuring reliable investor safety.
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