Signing of Memorandum of Understanding between
National Bank of Uzbekistan and National Bank of Pakistan
National Bank of Uzbekistan and Habib Bank Limited

2 Signing of Memorandum of Understanding between National Bank for Foreign Economic Activity of the Republic of Uzbekistan and National Bank of Pakistan, National Bank for Foreign Economic Activity of the Republic of Uzbekistan and Habib Bank Limited took place on May 2, 2006.

The documents aim to strengthen economic relations between Uzbekistan and Pakistan and to ensure continuous sustainable cooperation and strategic partnership in global financial markets. In accordance with the signed agreements the banks will develop longstanding and comprehensive relations based on principles of equality, mutual benefit, respect and trust.

With an objective to support trade and economic relations between the countries and maintain bilateral cooperation, the parties will work on issues of project finance as well as establishing credit lines to stimulate trade between the two countries in the framework of the signed memoranda