On September 5, a significant memorandum of cooperation was signed between the Central Bank of the Republic of Uzbekistan and ELINC China Co. Ltd, Central Bank of Uzbekistan reported. This memorandum signifies a pivotal development in enhancing bilateral relations and fostering collaboration in the realm of information technology.
The primary objective of this memorandum is to facilitate cooperation and information exchange between the two organizations. It aims to establish a framework for joint initiatives and projects, with a specific focus on the field of information technology. This emphasis on technology underscores the increasing importance of IT solutions within the financial sector.
The signing of this memorandum highlights the growing bilateral relations between Uzbekistan and China. ELINC China Co. Ltd., a renowned Chinese technology company, is expected to contribute its expertise in information technology to support the Central Bank's endeavors in Uzbekistan.
Earlier Daryo reported that China's Dongfeng Motor set to electrify Uzbekistan's Fergana region with bus manufacturing project.
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