Monday, 19, August, 2019

Business

Sheraton Hotel in Ankara to host Uzbekistan-Turkey Business Forum on July 23. The delegations will be headed by the Uzbek Deputy PM Elyor Ganiev and the Turkish Vice President Fuat Oktay.

The Forum of the Provinces of Uzbekistan and Belarus will take place in Minsk in late July - early August as part of the planned visit of the President of Uzbekistan to Belarus, the upper house of parliament said.

An exhibition-presentation took place at the Uzbek Embassy in Muscat, dedicated to the launch of a pilot project for the supply of Uzbek fruits to Oman, the Uzbek Foreign Ministry said.

The jeans production company VINTAGE DENIM was inaugurated on June 14 in Olmaliq city of Tashkent province. The 150 thousand jeans and jumpers annual capacity facility has now  100 high-tech sewing machines and employs 250 people.

US$ 320 million worth of 39 deals were signed at the Doing Business in Namangan international investment forum, the Foreign Ministry said.

Contactless, chip, and other smart cards manufacturing factory with German technology is being planned to be built in Uzbekistan.

The Uzbekistan-Afghanistan border trade zone, set up at the Termiz Cargo export center, was inauguaretd today in the Termiz distrcit of the Surkhandarya province. The ceremony took place in the framework of the Uzbekistan-Afghanistan business forum, UzA said.

Presidents Shavkat Mirziyoyev and Moon-Jae-in attended the opening of the Uzbekistan-Korea Republic Business Forum. Uzbekistan and South Korea are long-term investment partners. The volume of Korean investments attracted to the Uzbek economy surpassed US$ 7 billion. The Korean National Oil Company, Eximbank, leading, including Kogas, Lotte group, Samsung, Hyundai, Shindong Resources are involved in the priority projects.

Georgian TBC Bank has bought the 51% stake in Inspired LLC, which owns the PayMe digital payment system in Uzbekistan for US$ 5.5 million, the bank said in a statement.

The Uzbek-Czech Business Forum was held in Tashkent as part of the visit of the delegation of the Czech Republic headed by the Minister of Industry and Trade, Marta Novakova to Uzbekistan.