Uzbekistan and the Asian Development Bank (ADB) held discussions on expanding cooperation to support economic growth, infrastructure modernization, and the implementation of advanced technologies.
The negotiations took place on October 15, 2026, in Bangkok. Participants included Jamshid Kuchkarov, Deputy Prime Minister and Minister of Economy and Finance of Uzbekistan, and Masato Kanda, President of the ADB. The meeting was held on the sidelines of the annual meetings of the International Monetary Fund and the World Bank. This meeting was reported by the Information Service and the Department of Communications of the Ministry of Economy and Finance of Uzbekistan.
Kiricho Inui, Chief Advisor to the ADB President, Nodirbek Ochilov, Deputy Chairman of the Central Bank of Uzbekistan, Jasur Karshibayev, Advisor to the Minister of Economy and Finance, and other representatives also took part in the session.
One of the central issues was the application of artificial intelligence in forecasting and economic analysis. The parties studied opportunities to improve data management systems, develop digital infrastructure, and strengthen cybersecurity. The use of ADB technical assistance and the attraction of international specialists in these areas were also discussed.
Participants paid attention to modernizing electricity distribution systems. An agreement was signed during the meeting for a relevant project that includes the reconstruction of substations, increasing grid capacity, implementing digital management systems, and improving the reliability of power supply.
After the negotiations concluded, the parties agreed to strengthen interaction and systematically work towards achieving the set goals.