Uzbekistan and EBRD discuss privatization and support for business

Uzbekistan and the European Bank for Reconstruction and Development (EBRD) discussed the privatization of state-owned enterprises and banks, expanding financing for small and medium-sized businesses, and developing public-private partnership.

The talks took place on 15 October 2026 in Bangkok, during a meeting between Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov and EBRD President Odile Renaud-Basso. The discussions were held on the sidelines of the annual meetings of the International Monetary Fund and the World Bank, according to the information service of Uzbekistan's Ministry of Economy and Finance.

EBRD First Vice President Greg Gayette, Vice President Matteo Patrone, Deputy Chairman of the Central Bank of Uzbekistan Nodirbek Ochilov, and adviser to the minister Jasur Karshibaev also took part. The sides reviewed macroeconomic trends, the progress of economic reforms, financial support for the mortgage market, and cooperation in energy and transport. The ministry's statement did not specify new projects, financing volumes or implementation timelines.