EDB and MIIT to Help Uzbek Producers Enter Foreign Markets
The Eurasian Development Bank (EDB) and the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan (MIIT) signed a memorandum of cooperation under the Technical Assistance Fund (TAF) on 19 May 2026. The document is aimed at supporting exports, product certification and the development of non-financial instruments for Uzbek businesses.
TAF funds will be used for projects that help local producers meet international standards, enter new markets and increase their export potential.
Nikolai Podguzov, Chairman of the EDB Management Board:
"For Uzbek goods to compete successfully in foreign markets, it is not enough just to produce them. They must meet importers' requirements – in terms of quality, safety and standards. Our task is to help businesses through this process: from certification to their first export contract."
Khurram Fatikhovich Teshabaev, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan:
"Cooperation with the EDB is not only financial support but also access to expertise. Technical assistance from the Fund will help us establish systematic work to promote Uzbek products on international markets, including the markets of the Bank's member states."
The memorandum provides for joint work on the development of export infrastructure, the introduction of certification and standardisation systems, and the training of specialists.
The document was signed during the official opening of the EDB's representative office in Uzbekistan.
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For 20 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By the end of December 2025, the EDB’s cumulative portfolio comprised 326 projects with a total investment of US $19,6 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
The EDB is implementing three mega-projects as part of its 2022–2026 Strategy: the Eurasian Transport Network, the Eurasian Agricultural Goods Distribution System and the Central Asian Water and Energy Complex.
The EDB Media Centre:
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