Uzbekistan’s Ambassador met with the President of the Islamic Development Bank
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Ambassador of Uzbekistan to Saudi Arabia Ulugbek Maksudov met with the President of the Islamic Development Bank (IsDB) Group Bandar Hajjar, in Jeddah.
According to Uzbekistan MFA, the state and prospects of development of relations between Uzbekistan and the IsDB, cooperation in development and implementation of large-scale joint projects in socio-economic direction were discussed at the meeting.
It was noted that the meeting of President Shavkat Mirziyoyev with the President of the IsDB Bandar Hajjar in September 2018 in Tashkent, the signing of document on Strategic Partnership for 2018-2021 worth 1.3 billion USD have taken mutually beneficial cooperation to a new level.
The IsDB President expressed gratitude to the leadership of Uzbekistan for decision on accession of the country to the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Islamic Trade Finance Corporation (ITFC), which will open additional opportunities for effective implementation of the Partnership Strategy with Uzbekistan for 2018-2021.
President of the IsDB confirmed the participation of the bank’s delegation in the upcoming high-level meeting of foreign investors’ council in June 2019, in Tashkent.
Issues of mutual interest to both sides were discussed at the meeting.