NBU and REC sign agreement on cooperation

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Finance 18/11/2017 NBU and REC sign agreement on cooperation

NBU and REC sign agreement on cooperation

Tashkent, Uzbekistan (UzDaily.com) -- The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan (NBU) and the Group of Companies of the Russian Export Center (REC) signed an agreement on cooperation on 17 November 2017.

Chairman of the Board of the NBU Sukhrob Kholmurodov and Head of the REC Group Petr Fradkov signed the document.

The document sets the agreement on establishment of a credit limit for operations with the National Bank for Foreign Economic Affairs of Uzbekistan in the amount of US$100 million, which will be used to finance supply of Russian-made products to Uzbekistan.

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