TASHKENT, Uzbekistan, June 27.
Representatives of Citibank, a leading U.S. financial institution,
met with senior officials of the Republic of Uzbekistan to explore
opportunities for expanding bilateral cooperation in the economic
and financial sectors, Trend reports.
The delegation from Citibank was headed by David
Livingstone, Chief Client Officer of Citi, and included Genaro
Poulat, Global Head of In-Business Country Risk Management, and
Jason Zullo, Director of Corporate Banking Services for Central
Asia and the Caucasus. The Uzbek side was represented by Jamshid
Kuchkarov, Deputy Prime Minister and Minister of Economy and
Finance of the Republic of Uzbekistan, along with Khurshed
Mustafayev, Deputy Minister of Economy and Finance, and other
senior officials.
During the meeting, the parties reviewed existing
joint projects and explored potential areas for future
collaboration. The discussions focused on key priorities of
Uzbekistan’s economic agenda, including:
Advancing socio-economic reforms across the
Accelerating the privatization of state assets;
Enhancing the efficiency and competitiveness of
state-owned enterprises (SOEs);
Promoting regional development through public-private
partnership (PPP) initiatives, particularly in the energy and water
supply sectors;
Strengthening support mechanisms for the private
Enhancing cooperation with international sovereign
credit rating agencies;
Facilitating Uzbekistan鈥檚 accession to the World Trade
Organization (WTO);
Reducing inflation and maintaining macroeconomic
Both sides emphasized the importance of maintaining an
open and ongoing dialogue and reaffirmed their commitment to
deepening mutually beneficial cooperation in these strategic
The meeting concluded with an agreement to continue
the exchange of ideas and to further develop collaborative efforts
in alignment with Uzbekistan鈥檚 economic modernization goals and
Citi鈥檚 global expertise.
Citibank is one of the largest banks in the USA and is
owned by the financial holding company Citigroup Inc. It
specializes in providing financial services on a global scale and
has branches in numerous countries.