The document was signed during the Uzbekistan Economic Forum held in the capital Tashkent last week with the support of the Asian Development Bank and the World Bank.

The total cost of the project to develop the Kalamkas-More and Khazar oilfields in the Caspian Sea is around $5 billion.

The government plans to sell 75 percent of shares in Ipoteka Bank.

The vote was seen as a test for the ruling party after months of a standoff between the Georgian Dream and the opposition United National Movement.