The Minister of Investment, Industry and Trade on the sidelines of the 11th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), held a series of meetings and negotiations with the Bank’s management, representatives of the Government of Qatar, as well as the country’s financial and business community

On September 28–29 in Doha, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov, on the sidelines of the 11th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), held a series of meetings and negotiations with the Bank’s management, representatives of the Government of Qatar, as well as the country’s financial and business community, the press service of the MIIT reports.

A key outcome of the negotiations with AIIB was the signing of an updated $5 billion Partnership Program, as well as a grant agreement to support the preparation of a $300 million power transmission modernization project. The parties also discussed the opening of an AIIB office in Tashkent and financing for prospective infrastructure projects.

During meetings with the Qatari side, the parties discussed expanding exports of Uzbek products and opening showrooms in Qatar’s retail networks.

Talks with leading Qatari companies focused on joint projects in industry, logistics, pharmaceuticals, agriculture, and the financial sector.