Saturday, 15, December, 2018

Business

Uzbekistan and Tajikistan firms signed US$ 103.3 million worth of 11 deals at a business forum in Tashkent on August 16, the Uzbek Ministry of Foreign Trade said.

The Andijan province governor’s office signed an agreement on intentions with Belarussian JSC Motovelozavod on setting up of a bicycles production joint venture in Andijan, the company said.

President signed the Measures to Totally Improve the Investment Climate in Uzbekistan Decree according to which, Uzbekistan has enacted a procedure according to which starting from August 1 investors will be compensated the losses incurred, relying on a decision of a state body, which was afterwards recognized as invalid or void.

President Mirziyoyev signed the Measures to Totally Improve the Investment Climate in Uzbekistan Decree, which will simplify the setting up of enterprises with foreign investment.

The U.S. Business Week is to be held in autumn, with the U.S. Ambassador at Large for International Religious Freedom Samuel Dale Brownback will be visiting Uzbekistan in September.

Jizzakh International Investment Forum will be held from August 29 to 30. The forum is co-organized by the Committee for Investments and the Jizzakh province governor’s office.

President Shavkat Mirziyoyev signed a decree Friday aimed at improving Uzbekistan ranking in the annual Ease Of Doing Business index by World Bank.

The opening ceremony of Uzbekistan-Bulgaria trading house was held in Sofia Thursday, the Foreign Trade Ministry said. The ceremony was timed with the visit in Bulgaria of a Uzbek government delegation led by Deputy Prime Minister Nodir Otajonov.

President Shavkat Mirziyoyev signed a decree Tuesday setting up Bukhoro-Agro free economic zone (FEZ) in Bukhara province. The FEZ is expected to host local and foreign investment-based high-end greenhouse, as well as facilities for production of structures, equipment and other components for energy-efficient greenhouses. 

Geoinnovation Center under the Committee for Land Resources and Chinese drone manufacturer BShark Holdings Ltd signed a Memorandum on Cooperation for the development of unmanned technologies in Uzbekistan.