Tashkent, Uzbekistan (UzDaily.com) -- A meeting was held between the leadership of Uzbekneftegaz JSC and the China Export & Credit Insurance Corporation, (SINOSURE) for export credit insurance.

At the meeting, the foreign side was provided with detailed information on the economic stability of Uzbekneftegaz JSC, ongoing projects, results achieved and transformation processes.

The parties also discussed the current state of cooperation and plans for further development, as well as the next stages of financing through the export credit agency (ECA) insurance.

Uzbekneftegaz JSC offered a foreign insurance agent to establish contacts within the framework of EPC (Engineering, Procurement and Construction) agreements signed with partners of the joint-stock company.

Following the negotiations, the management of Uzbekneftegaz JSC and Sinosure Corporation expressed interest in further expanding cooperation and financing joint projects.

China Export & Credit Insurance Corporation (SINOSURE) is a state-owned insurance corporation of the People's Republic of China, founded in 2001. SINOSURE's goal is to support the export of Chinese goods as well as overseas investment by Chinese companies through export credit and investment insurance.