MEMORANDUM ON ECONOMIC COOPERATION BETWEEN
THE MINISTRY OF FOREIGN AFFAIRS OF JAPAN AND
THE MINISTRY OF FOREIGN AFFAIRS OF THE REPUBLIC OF UZBEKISTAN

(Japanese)

The Ministry of Foreign Affairs of Japan and the Ministry of Foreign Affairs of the Republic of Uzbekistan (hereinafter referred to as "both sides"),

Striving to strengthen the friendly relations between both countries, and

Recalling that Japanese Official Development Assistance (ODA) has effectively contributed to the promotion of market economy, socio-economic infrastructure development, institutional building, and human resources development of the Republic of Uzbekistan,

Have reached the following common recognition:

1. Both sides will continue to strengthen policy consultation in order to identify the development goals for effective implementation of Japanese assistance. The Republic of Uzbekistan provides full support to ensure the smooth implementation of ODA projects.
2. Both sides will continue to jointly address the needs and challenges faced by the Republic of Uzbekistan by way of effective utilization of various schemes of Japanese ODA in line with the following points:

   1. 1) ODA Loans
      Japan has extended ODA Loans totaling 124.975 billion yen (E/N base) to the Republic of Uzbekistan.

      Both sides will continue to explore the possibilities to provide ODA Loans for realization of socio-economic infrastructure development utilizing Japanese technologies.

      In this regard, Prime Minister of Japan, Kan Naoto, expressed to the visiting President of the Republic of Uzbekistan, Islam Abduganievich Karimov Japan's intention to provide a loan up to 18.067 billion yen for the implementation of the Karshi-Termez Railway Electrification project.

   2. 2) Grant Aid
      Japan has extended Grant Aid totaling 21.27 billion yen to the Republic of Uzbekistan focusing on support for restructuring social sector including human resources development and infrastructure development.

      Both sides will continue to explore the possibilities of effective and efficient utilization of grant aid with the purpose of contributing to further strengthening cooperation between both countries.

   3. 3) Grant Assistance for Grassroots and Human Security Projects
      Japan has implemented 281 projects in amount of 1,854 million yen in total by fiscal 2009, which directly assist the development of local community as attentive support to the grass root level in the Republic of Uzbekistan.

      Both sides will continue to explore the possibilities to utilize Grant Assistance for Grassroots and Human Security Projects for improving the living standards of the people of Republic of Uzbekistan and the stability of local communities. In addition, the Republic of Uzbekistan welcomed the Japan’s intention of providing financial cooperation this fiscal 2010 in the form of Grant Assistance for Grassroots Human Security for improving equipment so as to enhance the educational environment of schools across the Republic of Uzbekistan, improving equipment in medical institutions, and improving equipment so as to improve irrigation and drainage systems in farming villages.

   4. 4) Technical Cooperation
      Japan has dispatched 681 experts and accepted 1,494 trainees by fiscal 2009. Japan has also sent total 102 Japan Overseas Cooperation Volunteers and 40 Senior Overseas Volunteers to the Republic of Uzbekistan.

      Both sides will continue to explore the possibilities to utilize technical cooperation for the Republic of Uzbekistan in the priority areas which would be identified through bilateral consultation.

   Signed in duplicate at Tokyo on this 9th day of February 2011.

• FOR THE MINISTRY OF FOREIGN
  AFFAIRS OF JAPAN
• FOR THE MINISTRY OF FOREIGN
  OF THE REPUBLIC OF UZBEKISTAN