Uzbekistan, Germany sign agreement on financial cooperation
Published:
25 April 2003 y., Friday
The visiting delegation of German businesses, led by the Minister of Economy and Labour of the federal land of Saxony Martin Gillo held a meeting on Wednesday with Deputy Prime Minister of the Republic of Uzbekistan, and the chairman of the Agency for Foreign Economic Relations (AFER) Elyor Ganiev.
The sides have exchanged opinions on how to intensify cooperation in different sectors of the economy, in particular with regards to joint investment projects.
German businesses have visited Uzeltekhprom (Uzbek electrical devices and machinery) association, national holding company Uzbekneftegas (Uzbek oil and gas industry), as well as German joint ventures Deutsche Cable, Tezintom, and Uzglasszaiden.
An agreement on financial cooperation between Uzbekistan and Germany was signed at AFER. The document, inter alia, foresees allocation of funding for water supply in Khorezm region.
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