Tashkent, Uzbekistan (UzDaily.com) -- In order to further develop high-speed traffic in Uzbekistan and improve the level of service provided and improve the quality of passenger transportation, with the active support of the Government of Uzbekistan, the implementation of weighty projects continues.

Another such striking example is the signing of a credit agreement with the official credit institute of the Government of Spain on the acquisition of new high-speed trains, wagons, parts for them and equipment for service.

The signing ceremony took place on 30 May 2019 in the city of Madrid. The event was attended by the delegation of Uzbekistan led by the acting chairman of the Board of Uzbekistan Temir Yollari (Uzbekistan Railways) Kh Khasilov and Director General of Trade and Investment of the Ministry of Industry, Trade and Tourism of Spain Ms. Maria Paz Ramos Resa, as well as the Head of the International Business Department of the ICO Credit Institute Ms. Silvia Diez.

It should be noted that in June 2018, a meeting was held in Tashkent between the heads of ministries and departments of the Republic of Uzbekistan and the Kingdom of Spain, at which it was agreed to provide loans in the amount of 57.5 million euros for the purchase of two high-speed electric trains and four economy class cars.

Already in November 2018, the Spanish side announced its readiness to provide funding in the amount of 57.5 million euros. In this regard, President of the Republic of Uzbekistan Shavkat Mirziyoev instructed to develop and sign a loan agreement for the purchase of two high-speed electric trains and four economy class cars, spare parts and equipment for service.