ADB signs Uzbekistan critical minerals partnership MOU with Korea Eximbank, Uzbek firms

• ADB lined up up to USD 1 billion in potential cofinancing, risk-sharing support with Korea Eximbank, K-Sure for critical minerals projects.
• Deal sits under ADB’s Critical Minerals-to-Manufacturing Financing Partnership Facility, targeting investment across Asia-Pacific supply chains.
• ADB signed a four-party MOU with Korea Eximbank, Uzbekistan Technological Metals Complex, Uzbekistan Fund for Reconstruction and Development on minerals processing.
• Separate partnership includes a USD 20 million Korean contribution to support ADB artificial intelligence initiatives, including digital infrastructure, applications, training.

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