NEWS AND EVENTS
January 30, 2015
Uzbekistan, Japan sign agreements for US$3.8bn
Uzbekistan and Japan signed a package of investment, credit agreements, projects of technical assistance with total Japanese investments and loans for US$3.8 billion, the press service of the Ministry of Foreign Affairs of Uzbekistan said.
The ministry said a delegation of Uzbekistan led by First Deputy Prime-Minister of Uzbekistan - Minister of Finance Rustam Azimov participated at the work of the 12th session of the Uzbek-Japanese Committee on Economic Cooperation, which was held in Tokyo on 26-28 January 2015.
At the forum, representatives of ministries of finance, foreign affairs, economy, trade and industry of Japan highly rated economic reforms in Uzbekistan, investment climate and perspectives of economic development. It was underlined that Japan government actively and consistently supports efforts of the Japanese companies and financial institutes to expand and develop trade-economic, investment and financial cooperation with Uzbekistan.
During the session of the committee, a leading industries of economy of Uzbekistan were presented, which was attended by over 200 representatives of Japanese companies, banks and government agencies.
At the end of the session, a package of investment, credit agreements, projects of technical assistance with total Japanese investments and loans for US$3.8 billion in electricity, oil and gas, chemical, textile, electrotechnical, telecommunication, tourism, transport infrastructure and other sectors were signed.
The delegation of Uzbekistan held negotiations with Prime Minister of Japan Shinzo Abe on 27 January 2015.
At the meeting, the First Deputy Prime-Minister of Uzbekistan Rustam Azimov handed over a personal letter of President of Uzbekistan Islam Karimov to the head of the Japanese government. The sides discussed current state and perspectives of cooperation between Japan and Uzbekistan in economy, investment and financial sectors.
The delegation held negotiations with Deputy Prime Minister and Finance Minister Taro Aso, Minister of Economy, Trade and Industry Yoichi Miyazawa, chairperson of Japan Bank Harihiko Kuroda, management of Japan International Cooperation Agency (JICA) and Japan Bank for International Cooperation (JBIC), state agencies, leading Japanese companies and banks.