of March 9, 2018
About financial cooperation
(Became effective for the Republic of Uzbekistan on March 9, 2018)
The government of the Republic of Uzbekistan and the Government of the Republic of Tajikistan, hereinafter referred to as "Parties",
based on provisions of the Contract on eternal friendship between the Republic of Uzbekistan and the Republic of Tajikistan of June 15, 2000,
for the purpose of further development of trade and economic and financial cooperation between the Republic of Uzbekistan and the Republic of Tajikistan,
agreed as follows:
This agreement is directed to coordination of efforts of the Parties on promotion of amounts of mutual trade between the Republic of Uzbekistan and the Republic of Tajikistan, joint promotion of goods and services by means of ensuring trade financing from National Bank of foreign economic activity of the Republic of Uzbekistan, Uzbek Industrial Construction Bank Joint stock bank and Joint stock bank of Usak (further - financial institutions of the Republic of Uzbekistan) for the transactions connected with financing of deliveries of goods and services from the Republic of Uzbekistan including agricultural machinery with participation of the financial credit institutions of the Republic of Tajikistan (further - financial institutions of the Republic of Tajikistan) offered by the Government of the Republic of Tajikistan in which financial institutions of the Republic of Tajikistan can act as the borrower or emitting bank of the documentary credit.
For the purpose of implementation of this agreement financial institutions of the Republic of Uzbekistan confirm potential possibility of consideration of financing of the transactions connected with commodity export and services from the Republic of Uzbekistan including agricultural machinery with participation of financial institutions of the Republic of Tajikistan on the conditions determined by free standing agreements.
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