farmer trader shake hands wheat field agree grain Beneficial Agreements on Agriculture Between Germany and Uzbekistan

Beneficial Agreements on Agriculture Between Germany and Uzbekistan

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During the visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Germany, mutually beneficial agreements in the field of agriculture were signed between the two countries.

According to the press service of the Ministry of Agriculture of the Republic of Uzbekistan, the Ministry of Agriculture and the German company “Deutsche Sparkassenstiftung für Internationale Kooperation e.V.” signed a memorandum of understanding. The document defines the main areas of cooperation:

– support for agricultural insurance;

– expansion of the use of existing revolving credit funds in certain banks of Uzbekistan;

– the use of business simulations in teaching entrepreneurship to young farmers.

The memorandum also reflects the introduction of modern approaches in the field of finance into the agrarian sector of Uzbekistan, for example, the “risk radar” and the “green financial compass”.

The cooperation agreement signed between the Ministry of Agriculture and the JD East program covers the issues of agricultural education, internships, and the organization of seminars.

Source: Apkinform

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