MAY 18 2017 (The Conway Bulletin) — A unit of the Jeddah-based Islamic Development Bank (IDB) signed deals to boost financing of small and medium-sized businesses in Uzbekistan with two Tashkent-based banks, Ipak Yuli and Asia Alli- ance. The deals continue the sense of openness and development that President Shavkat Mirziyoyev has ushered into Uzbekistan since taking over as president in September 2016. Earlier this year, he welcomed the head of the European Bank for Reconstruction and Development (EBRD) back to Tashkent for the first time since 2003. This month the UN High Commissioner for Human Rights visited Uzbekistan for the first time.
ENDS
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(News report from Issue No. 329, published on May 20 2017)