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Granting loans to non-governmental business entities is one of the most intensely developing economic sector in Uzbekistan. Various international financial institutions (EBRD, World Bank, ADB, IDB etc.) have opened credit lines for Uzbek commercial banks for the purposes of further re-financing of private companies. Azizov & Partners lawyers have experience in advising on such financing schemes. This experience includes obtaining of statutory approvals; registration of cross-border loans with exchange control bodies; preparation of guarantees, pledges, shuretyships, insurances and other security instruments.
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