Speaking at the Senate of the Oliy Majlis of Uzbekistan, Kamilov noted that Uzbekistan is intensifying its cooperation with the EBRD.

During his speech, he noted that the parties are developing joint projects worth about US$1.5 billion.

The minister added that these projects will be implemented in the transport and communal infrastructure, banking and small business sectors.

Uzbekistan became a member of the EBRD in April 1992. The Bank opened its representative office in Tashkent in May 1993. According to the EBRD, over the past time the bank has provided the government of Uzbekistan and private companies with 899 million euros for 54 projects.