Economy

Uzbekistan and Russia plan to create a joint investment fund

Uzbekistan and Russia plan to create a joint investment fund
Uzbekistan and Russia plan to create a joint investment fund

Tashkent, Uzbekistan (UzDaily.uz) -- Uzbekistan and Russia plan to create a joint investment fund with an authorized capital of US$500 million.

Presidents Shavkat Mirziyoyev and Vladimir Putin discussed issues of developing bilateral cooperation in Kazan.

They expressed satisfaction with the positive dynamics in trade and the implementation of projects in various fields.

Putin noted that the creation of a fund with an authorized capital of US$500 million could become an effective tool for implementing cooperation plans.

In addition, the presidents discussed cooperation in the development of transport corridors and confirmed interest in Russia's participation in the construction of a new railway through Afghanistan.

Uzbekistan also expressed plans to attract US$5 billion in investment with Russian participation in 2024, noting the potential for US$45 billion of investment in various projects in the country.

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.