Latest news with #NationalInvestmentPolicy2030
Barnama
a day ago
- Business
- Barnama
EXIM Bank Malaysia Strengthens Strategic Ties at Uzbekistan's Foreign Investors Council
TASHKENT, UZBEKISTAN, June 13 (Bernama) -- The Export-Import Bank of Malaysia Berhad (EXIM Bank) has reinforced its commitment to expanding Malaysia's global trade presence by participating in the Third Plenary Session of the Foreign Investors Council (FIC) in Tashkent. The high-level forum, held on 11June 2025, was co-chaired by His Excellency Shavkat Mirziyoyev, President of the Republic of Uzbekistan, and Her Excellency Odile Renaud-Basso, President of the European Bank for Reconstruction and Development. The session convened global leaders to explore reforms and opportunities under Uzbekistan's Vision 2030 economic roadmap. EXIM Bank's participation is aligned with Malaysia's National Investment Policy 2030 (NIMP2030), which aims to expand investment beyond traditional markets and support the globalisation of Malaysian small and medium enterprises. As part of its mandate to promote exports, EXIM Bank is focusing on strengthening ties with Central Asia through strategic engagements that benefit both Malaysian businesses and regional partners. This includes exploring structured financing solutions for key partners in Uzbekistan, most notably a proposed collaboration with Joint-Stock Commercial Bank Hamkorbank, Uzbekistan, aimed at supporting Malaysian companies operating in Uzbekistan and Uzbek importers of Malaysian goods.
Barnama
a day ago
- Business
- Barnama
EXIM Bank Strengthens Central Asian Ties, Benefits Malaysian Businesses And Regional Partners
REGION - CENTRAL > NEWS KUALA LUMPUR, June 13 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) will focus on strengthening Central Asian ties through strategic engagements to benefit Malaysian businesses and regional partners. In a statement today, it said the initiative includes exploring structured financing solutions for key partners in Uzbekistan, notably a proposed collaboration with Joint-Stock Commercial Bank HamkorBank to support Malaysian companies operating in Uzbekistan and Uzbek importers of Malaysian goods. Hence, the bank's participation in the third plenary session of the Foreign Investors Council (FIC) in Tashkent has reinforced its commitment to expanding Malaysia's global trade presence. bootstrap slideshow EXIM Bank chief business officer Faizah Mustapa said its participation at the high‑level forum signals the bank's strategic intent to support Malaysia's exporters through innovative trade-financing, while exploring joint ventures with Uzbek financial institutions. "We applaud Uzbekistan's reforms to streamline banking regulations and enhance credit facilities for import‑export activities," she said. EXIM Bank said its participation in the forum aligns with Malaysia's National Investment Policy 2030 (NIMP 2030) to expand investment beyond traditional markets and support the globalisation of Malaysian small and medium enterprises. It also complements Uzbekistan's Vision 2030, which seeks to attract foreign direct investments, increase regulatory transparency, and advance public-private partnership projects in agriculture, manufacturing, infrastructure, and tourism. "With 36 Malaysian companies operating in Uzbekistan, ties between the two countries continue to grow. "This was further strengthened by Prime Minister Datuk Seri Anwar Ibrahim's official visit to Uzbekistan in May 2024, followed by a return visit to Malaysia by President Shavkat Mirziyoyev in February 2025, reaffirming their commitment to elevate bilateral relations to a strategic partnership," it said.
