China's Bank of China, AIIB Launch 700M+ Yuan RMB Loan for Uzbekistan Telecom

According to Jin10, China's Bank of China and the Asian Infrastructure Investment Bank successfully closed a five-year cross-border RMB loan project for Uzbekistan Telecom on July 2, with total financing exceeding 700 million yuan. The project uses RMB as the settlement currency throughout, enhancing capital efficiency and expanding cross-border RMB settlement applications in Central Asia.
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