On April 22 of this year, a meeting was held at the head office of BMB HOLDING between Khairulla Nabijonov, the Deputy General Director of the Holding for International Relations, Investments and Public Organizations, and Zaur Beck, Advisor to the General Director of the Azerbaijan-Uzbekistan Investment Company, which was established at the initiative of the presidents of the two countries.

During the meeting, prospects for further expansion of bilateral trade, economic, and investment cooperation were discussed. Specifically, possibilities for launching mutually beneficial projects with Azerbaijani companies in agriculture, logistics, export-import operations, and other areas were considered, based on the focus areas of the enterprises within the Holding system.

At the conclusion of the dialogue, an agreement was reached to jointly develop and implement promising projects.

For reference: The Azerbaijan-Uzbekistan Investment Company (AUIC) was established by mutual decision of the presidents of the two countries, with 500 million US dollars allocated as initial state capital.

AUIC focuses on new and existing projects with a minimum return rate of 12-15 percent, investing between $1 million and $25 million per project, with an investment period of 5-7 years.

The headquarters is located in Tashkent, Uzbekistan.