Delegations from the private sectors of Afghanistan and Uzbekistan signed a cooperation agreement valued at over $20 million during a joint trade meeting held in Kabul on Sunday, Ariana News reported..

In Kabul, Afghan and Uzbek entrepreneurs signed cooperation agreements worth more than US$20 million, according to Ariana News and ToloNews.

From 2 to 5 August, a delegation from Uzbekistan led by the leadership of the Chamber of Commerce and Industry and comprising more than 40 entrepreneurs is paying a working visit to the Islamic Emirate of Afghanistan.

President Sadyr Japarov signed the law on ratification of the agreements, which include a loan agreement with the EBRD, a grant from the European Union, and additional funding from the EBRD’s Special Shareholder Fund.

Uzbekistan has introduced a new procedure for providing financial assistance to single parents from low-income families who are officially employed, to cover the costs of kindergarten attendance. The decision was adopted by the Cabinet of Ministers on 31 July.

The director of “Pr premier-avto” LLC, along with two other representatives of the company, has been sentenced for defrauding over 150 individuals and embezzling more than UZS 2.5 billion through false promises of cheap cars. The verdict was delivered on 1 August by the Chilanzar District Criminal Court. Kun.uz was present at the hearing..

An incorporation agreement has been signed in Tel Aviv between the Israeli company GCI Gemological Centers Ltd. and the Uzbek firm Expert One LLC to establish a gemological center, GCI Gemological Centers Uzbekistan, in Tashkent, the Dunyo news agency reported.