On February 7-10, a delegation of the Kelantan State Economic Development Corporation, Malaysia, visited Uzbekistan.
According to the Embassy of Uzbekistan in Malaysia, the corporation is a financial institution for provision of loans on the principles of Islamic banking, as well as providing consulting services in this sphere.
The state of Kelantan is considered the cradle of Malaysian culture with a predominantly Muslim population, has preserved rich traditions of handicraft, as well as a center of agriculture and fish farming in Malaysia.
According to the Ministry of Foreign Affairs, during the visit, the Malaysian delegation was received at the Chamber of Commerce and Industry of Uzbekistan.
At the meeting, prospects of opening a representative office of the corporation in Tashkent for conducting trainings, courses and practical workshops on microcredit for medium and small business, as well as familiarization with basics of Islamic financing were discussed.
