The National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) has officially joined China’s Cross-border Interbank Payment System (CIPS). This milestone was achieved on September 9, 2026, as part of an official visit to Hong Kong led by Prime Minister Abdulla Aripov. By signing this agreement with the CIPS operator, the NBU becomes the inaugural financial institution in Uzbekistan to obtain direct access to the Chinese payment infrastructure. This development is expected to streamline financial transactions and strengthen economic cooperation between the two nations by facilitating more efficient cross-border settlements.
Source : UzA - National News Agency of Uzbekistan
Photo : UzA - National News Agency of Uzbekistan
