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Home / Business / French Investments into Uzbekistan Economy

French Investments into Uzbekistan Economy

President Shavkat Mirziyoyev has approved the Agreement between the Government of the Republic of Uzbekistan and the Government of the French Republic on the establishment and activities of the French Development Agency and PROPARCO in the Republic of Uzbekistan.

The Company for Assistance and Participation in Economic Cooperation (PROPARCO) is a subsidiary of the French Development Agency, founded in 1977, which supports and finances projects led by companies and private financial institutions in developing and emerging economies.

Control over the fulfillment of obligations of the Uzbek side within the framework of the international treaty is entrusted to the Cabinet of Ministers together with the heads of the relevant ministries and departments after the entry into force of the signed Agreement.
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