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According to the press service of the Uzbek bank, within the document the Korean side will increase the volume of the credit line to the Uzpromstroybank from US$10 to US$30 million.
This agreement will serve to further attract modern technologies and innovative solutions from the Republic of Korea.
Credit funds will be provided to the Uzbek entrepreneurs for long-term loans (up to 7 years, with financing up to 85% of the project cost) and short-term loans (up to 2 years, with financing up to 100% of the project cost).