The framework supports knowledge exchange on managing international reserves.

Uzbekistan’s Central Bank and BlackRock signed a memorandum in Tashkent on 18 September 2026.

The two-year framework covers reserve-management expertise, risk analysis and training.

It creates no investment mandate, transaction or financial commitment.

PIAMG perspective: institutional capacity and risk governance are central to reserve management. The next meaningful milestones would be defined work programmes and separate implementation agreements.

This material is provided for general information only and does not constitute investment, legal or tax advice, or an offer or solicitation in any jurisdiction.