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TASHKENT, Uzbekistan, November 5. Uzbekistan’s
Enterprise Growth Financial institution and French Growth Company (AFD) have
signed a mortgage settlement for 30 million euros, Development reviews.
In accordance with the doc, Uzbek Enterprise Growth Financial institution
and AFD will bolster cooperation within the growth of renewable
vitality sources, vitality effectivity and girls’s entrepreneurship.
The events can even cooperate within the coaching of specialists
of the Enterprise Growth Financial institution.
In the meantime, in depth cooperation between AFD and Uzbekistan was
laid through the official go to of President Shavkat Mirziyoyev to
Paris in November 2022. Throughout the framework of this go to, the
Authorities of Uzbekistan and the French Growth Company signed a
program of strategic cooperation till 2025.
Based on this system, it’s deliberate to implement joint
initiatives in agriculture, vitality, inexperienced financial system, city planning,
water provide, banking and finance and transport.
Earlier this 12 months, Uzbekistan has established a Enterprise
Growth Financial institution to supply additional assist for native small
companies.
Enterprise Growth Financial institution supplies loans for as much as 7 years for
small enterprise initiatives. For enterprise entities with a constructive
credit score and tax historical past, the requirement for collateral is diminished
by 50 %.
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