Tashkent, Uzbekistan (UzDaily.com) — On 16 February 2025, in Saudi Arabia, as part of the Conference of Emerging Market Countries, a meeting was held between the President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, and the Deputy Prime Minister of the Republic of Uzbekistan and Minister of Economy and Finance, Jamshid Kuchkarov.

The Asian Infrastructure Investment Bank is an international financial institution created to stimulate economic growth in Asia through the development of infrastructure and other productive sectors. The bank officially began operations on January 16, 2016, with its headquarters in Beijing, China.

During the negotiations, the parties discussed mutual cooperation in various fields, such as the development of the green economy, budget support, and infrastructure development.

Key areas of cooperation discussed included:

Promoting Green Growth: Supporting the development of the green economy, combating climate change, and enhancing energy efficiency.

Public-Private Partnership (PPP) Projects: Developing modern infrastructure projects through PPP programs.

Sustainable Heating Systems: Creating eco-friendly heating systems using modern and clean technologies, including heat pumps.

At the conclusion of the negotiations, the parties expressed their intention to continue developing mutual ties and to effectively cooperate to achieve their goals.