Tashkent, Uzbekistan (UzDaily.uz) — Chairman of the Management Board of Uzbekneftegaz JSC Abdugani Sanginov held video conference talks with Ye Lingjun, vice president of the Export-Import Bank of China (Eximbank) in the Xinjiang Uyghur Autonomous Region, the information service of O‘zbekneftgaz JSC said.
The sides discussed further development of financial cooperation, financing of import projects and proposals to open a new credit line.
During the talks, Eximbank representatives presented a proposal for a new credit line and expressed readiness to further optimize financing terms. In particular, the bank said it was ready to reduce the interest rate and extend the loan term.
It was noted that the agreed terms could contribute to reaching a mutually beneficial solution and continuing long-term cooperation.
Following the meeting, the sides agreed to continue negotiations on the agreed areas.
