Home / Finance / The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and State Assets Management Agency of the Republic of Uzbekistan (UzSAMA) Sign a Memorandum of Understanding to Facilitate Trade and Investment in the Republic of Uzbekistan

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and State Assets Management Agency of the Republic of Uzbekistan (UzSAMA) Sign a Memorandum of Understanding to Facilitate Trade and Investment in the Republic of Uzbekistan

 

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group and a leading Shariah-compliant multilateral insurer, has signed a Memorandum of Understanding (MoU) with the State Assets Management Agency of the Republic of Uzbekistan (UzSAMA).
The MoU, virtually signed by Mr. Oussama Kaissi, CEO of ICIEC, and Mr. Akmalkhon Ortikov, Director of UzSAMA, establishes a framework of cooperation towards strengthening trade and investment flows into the Republic of Uzbekistan.
Through the MoU, ICIEC and UzSAMA will collaborate in exchanging experiences in the privatization process to improve the managerial and technical skills of personnel at UzSAMA. This will foster close bilateral relations in various fields. Both parties have committed to advancing their cooperation to attract potential investors for privatized state assets in Uzbekistan.
Mr. Kaissi commented on the partnership: “We are thrilled to work with UzSAMA to enhance trade and investment ties between Uzbekistan and international markets. This MoU will support the Republic of Uzbekistan in achieving its national development plan for economic growth, diversification of revenue streams, and job creation.”

About Gladys Johnson

Gladys Johnson The Publisher/Editor-In-Chief Global Business Drive Phone: +13465619347 Email: info@globalbusinessdrive.com gladysjohnsonmedia@gmail.com gladys@globalbusinessdrive.com globalbusinessdrive@gmail.com

Check Also

Africa Must Own Carbon Offsets Value Chain Amid Market Failures

Africa should become the global center for high-value, high-integrity carbon credits, AFC says; Wholesale leases or …

Leave a Reply

Your email address will not be published. Required fields are marked *

pub-5127930111112337, DIRECT, f08c47fec0942fa0