The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €5 million to the Global Export Company, one of Uzbekistan’s leading agricultural exporters, to help the firm shift from traditional commodity trading to higher-value processing operations, according to a press release. The financing will support the construction of a new production facility in Tashkent, the acquisition of a processing line for organic and sprouting beans, and working capital replenishment.
The investment is part of Global Export’s five-year development strategy and will enable the company to expand its processing capacity while entering new export markets for mung beans. Global Export currently ships legumes, nuts, and dried fruits to more than 40 countries across Asia, Europe, and North America, playing a key role in stimulating agribusiness production throughout Central Asia by working directly with 200 farms in Uzbekistan and neighboring countries.
The project will benefit from concessional financing through the EBRD’s Agrifood Nexus programme, funded by the German government through its International Climate Initiative at the Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety. This additional support highlights the environmental and sustainable agriculture benefits of the investment, while technical assistance to the project was provided by the Japan-Europe Cooperation Fund.
The EBRD’s backing comes as Uzbekistan continues modernizing its agricultural sector and building stronger links between farmers and international markets. By supporting processing capacity rather than just raw exports, the financing aims to create more value locally and improve income opportunities for farming communities that supply Global Export.
To date, the EBRD has invested almost €5.8 billion in Uzbekistan across 188 projects, with the majority of funds supporting private entrepreneurship and contributing to the country’s broader economic development goals.
