EBRD Provides Up to €5 Million to Global Export Company to Develop Agro-Processing in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) — The European Bank for Reconstruction and Development (EBRD) has extended a senior loan of up to €5 million to Global Export Company, one of Uzbekistan’s leading exporters of agricultural products. The funding is aimed at supporting the company’s strategic shift from raw commodity trading to developing high value-added processing capacities.

The financing will enable the implementation of Global Export’s five-year development strategy. The company plans to construct a new production facility in Tashkent, acquire a processing line for organic and sprouted beans, and replenish working capital. The project will expand the company’s production capabilities and open access to new export markets, including mung bean exports.

Currently, Global Export supplies legumes, nuts, and dried fruits to over 40 countries across Asia, Europe, and North America, playing a key role in the development of Central Asia’s agro-industrial sector. The company works directly with more than 200 farming enterprises in Uzbekistan and neighboring countries.

The project is supported by concessional financing under the EBRD Agrifood Nexus program, funded by the German government through the International Climate Initiative (IKI) of the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUKN). This support highlights the project’s environmental focus and contribution to sustainable agriculture.

Technical assistance for the project is provided by the Japan-Europe Cooperation Fund.

To date, EBRD’s total investments in Uzbekistan’s economy have reached nearly €5.8 billion, spread across 188 projects, primarily aimed at supporting private businesses and promoting sustainable economic growth.