Tashkent, Uzbekistan (UzDaily.com) -- The President of Uzbekistan signed a resolution "On measures to implement the project "Comprehensive Development of Cities of the Republic of Uzbekistan" with the participation of the Asian Development Bank."

The document notes that an agreement was reached with the Asian Development Bank on signing a loan agreement for US$59 million for the implementation of the project “Comprehensive Urban Development Program of the Republic of Uzbekistan”.

Within the framework of projects financed by international financial institutions and foreign government financial organizations in accordance with the international treaties of Uzbekistan, goods are exempt from customs duties.

The project implementation period is 5 years (2023-2027). The Ministry of Investment, Industry and Trade is the executive body responsible for the timely implementation of the project and the efficient use of Asian Development Bank loans.