Monday, 18, June, 2018

Business

Uzbekistan is among 40 countries where sweet cherry is grown. According to the data of FAOSTAT, Uzbekistan is in top 10 of largest sweet cherry producers in the world and out of 100 thousand tons of cherries produced in Uzbekistan 30% is exported to CIS and other foreign countries per year.

Uzbekistan-Kyrgyzstan business forum and a matchmaking session were held in Tashkent yesterday on  the day of the arrival of the President of Kyrgyzstan, Sooronbai Jeenbekov, which was attended by over 100 Kyrgyz engineering, construction, food, packaging, light industry and IT companies.

President Shavkat Mirziyoyev launched the initiative to develop business aviation in Uzbekistan. Business aviation is an air transport option tailored to the specific needs of company, UzA reported.

UzTrade inaugurated its showroom in Mazar-i-Sharif (Afghanistan) Thursday, which features a wide range of goods of Uzbekistan’s manufacturers.

The National research and production company FONON and South Korean Hwachon Plant-Gemco signed an agreement on setting up of a joint venture manufacturing jewelry in Tashkent.

Hyundai Motor Co. said Monday it has signed a US$14 million deal to supply 182 trucks to the Uzbek ministry for environmental protection.

More than US$26 million in letters of intent to conduct future trade in Central Asia were signed during 18-19 October seventh annual Central Asia Trade Forum - Future Growth: Trade, Transport & Horticulture in Almaty, Kazakhstan.

Uzbekistan undertook five business reforms in the past year, earning the country a spot in the top 10 global improvers for a third time, says the World Bank Group’s latest Doing Business 2018: Reforming to Create Jobs report.

President of Uzbekistan Shavkat Mirziyoyev visited Istanbul during the state visit to Turkey on Thursday, UzA said.  Shavkat Mirziyoyev hosted the Turkish Prime Minister Binali Yildirim, after which they met with senior business executives of the two countries.

Over $ 1 billion worth of deals for export of ready-made garments and semi-finished products were signed at the 13th Uzbek International Cotton and Textile Fair which wrapped up yesterday in Tashkent.