Tuesday, 22, October, 2019

Business

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.

The Uzbek Embassy in Russia, together with the Namangan-based company Dilrabo SDA, are working on the issue of opening a trade house in the Samara province in 2020. the Embassy said.

Leman Capital, a Swiss capital-investment company, received for trust management the shares of three companies, via Integra Eurasia.

As part of the preparation for the visit of the South Korean President to Uzbekistan, the Uzbek Uztextile Association officials, led by the chairman travelled to the Republic of Korea where they held talks with the leadership of the Korean Sam Co. Ltd company.

The first purchases of precious metals were made at the Uzbek Commodity Exchange (UZEX), placed by the Almalyk Mining and Metallurgical Plant.