Investment and financial cooperation issues were discussed during the meeting with HKMA.
2026-05-06 17:25:00 / News
On May 6, 2026, a meeting was held between Nozimjon Kholmurodov, Director of the Light Industry Development Agency under the Cabinet of Ministers of the Republic of Uzbekistan, and representatives of the Hong Kong Monetary Authority (HKMA).
During the negotiations, the parties discussed several priority areas aimed at financially supporting the export potential of Uzbekistan’s light industry enterprises:
— establishing preferential lending mechanisms for export-oriented enterprises through Hong Kong banks and financial institutions;
— exploring opportunities to introduce an order-based financing system;
— strengthening mutual trust between Uzbek and Chinese companies through the effective use of trade finance instruments;
— prospects for creating a pilot credit line for exporters with gradual expansion in the future.
For reference: The Hong Kong Monetary Authority (HKMA) is Hong Kong’s financial regulator performing central banking functions, ensuring the stability of the banking system and enhancing the region’s competitiveness as an international financial center.
At the conclusion of the meeting, the parties emphasized their mutual interest in introducing advanced financial solutions to stimulate Uzbekistan’s light industry exports and further expand cooperation with international financial institutions.