Tashkent, Uzbekistan (UzDaily.com) — On 9 June, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, met with Dilma Rousseff, President of the BRICS New Development Bank (NDB), who arrived in Tashkent to participate in the International Investment Forum.

The meeting focused on strengthening practical cooperation with this multilateral financial institution. Both parties expressed satisfaction with the steady progress made in implementing the agreements reached during the BRICS Summit held in October of last year.

In particular, the Bank’s Board of Governors has given preliminary approval for Uzbekistan to join the New Development Bank as a member country. A portfolio of priority joint projects totaling US$5 billion has already been prepared.

President Mirziyoyev emphasized the need to accelerate the development and implementation of initiatives in key areas such as modernization of irrigation systems, development of the mineral resource base, support for private business, and the launch of public-private partnership projects in education and infrastructure.

During the meeting, Uzbekistan also reaffirmed its support for the advancement of large-scale regional infrastructure initiatives.