Tashkent, Uzbekistan (UzDaily.com) -- Within the framework of the working visit of the Chairman of the Government of the Russian Federation Dmitry Medvedev to the Republic of Uzbekistan, VEB.RF and the National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) signed a loan agreement on the financing of the project for the supply of 5 metro trains, as well as related equipment and services for Tashkent metro.

The rolling stock will be produced at the Moscow-based enterprise JSC Metrovagonmash, which is part of the largest Russian manufacturer of rolling stock for railway and urban rail transport, JSC Transmashholding.

On the part of VEB.RF, the document was signed by the first deputy chairman - member of the board Nikolay Tsekhomsky, by the National Bank for Foreign Economic Activity of the Republic of Uzbekistan - Chairman of the Board Alisher Mirsoatov. The signing ceremony took place in the presence of the Heads of Governments of Russia and Uzbekistan Dmitry Medvedev and Abdulla Aripov.

Metrovagonmash will send a batch of new generation metro cars to operate on the Tashkent metro line. The corresponding contract of Metrovagonmash was concluded with Uzbekistan Railways (Railways of Uzbekistan) in October 2018.

“Support for the export of Russian industrial products is one of the main activities of VEB.RF. In October 2018, VEB.RF and NBU announced cooperation and strategic partnership in financing the supply of Russian high-tech products. With the support of financial institutions of Russia and Uzbekistan, projects totaling more than 200 million euros are already being implemented in the republic. The amount of financing of VEB.RF is 152 million euros,” Nikolai Tsekhomsky said.