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TASHKENT (TCA) — The European Bank for Reconstruction and Development (EBRD) last week signed the first sub-project under the Integrated Cultural Heritage Framework in Uzbekistan, consisting of EUR 300,000 debt to a small chain of Malika Khiva Hotels. The proceeds will be used to finance the refurbishment of three hotels in Khiva, the Delegation of the European Union to Uzbekistan reported.

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