Thursday, 13, December, 2018

Business

Alisher Usmanov’s USM Holdings may buy a mobile phone operator Coscom (Ucell), CNews said. According to CNews, USM Holdings is in talks with the Swedish Telia to purchase Coscom.

Uzbekistan and Nukem (USA) signed a uranium supply contract, the Uzbekistan’s Foreign Trade Minister Elyor Ganiev said at the meeting of the International Press Club Wednesday.

Government handed over its share in the authorized capital of Uzbekistan’s only metallurgical plant - UzMetKombinat JSC for trust management to SFI Management Group, a foreign entity.

At Uzbek Foreign Trade Ministry were held talks with the senior regional trade adviser at USAID Ryder Rogers. The sides reportedly discussed prospects for cooperation, in particular the implementation of the USAID Competitiveness, Trade, and Jobs projects in Central Asia which are aimed at facilitating exports and employment in horticulture and strengthening transport and logistics services across the five Central Asian economies.

Uzbekistan Airways has selected GEnx-1B engines to power four new Boeing 787-8 aircraft. The engine order is valued at more than $230 million (USD), including a custom-ordered spare engine, GE Aviation said. Deliveries are scheduled to begin in 2018.

Uzbekistan and US firms signed US$2.6 billion worth of deals at the Uzbek-American business forum in New York on Wednesday, co-organized by the Uzbek Committee for Investments and Uzbek-American Chamber of Commerce.

In an intent to boost Uzbekistan’s exports in the US market, UzTrade, a company within the Foreign Trade Ministry, opened a trading house in New York. The trading house will reportedly host a permanent showroom of Uzbek goods.

President of Uzbekistan Shavkat Mirziyoyev met with senior executives of some major US companies in New York on Tuesday, including the chair of the Uzbek–American Chamber of Commerce, Carolyn Lamm, President of GE for CIS, James Ronald Pollett, President and Executive Director of Honeywell Performance Materials and Technologies, Rajeev Gautam, Vice President of CNH Industrial, Steven Nadherny and , President of John Deere, James Field.

The Consulate General of Uzbekistan in Greece, in cooperation with the Institute for the Development of Western Greece,  the Greek Nationwide Association of Industries based at Industrial Parks and Ellrosa Consulting Group Ltd. have launched the “Initiative for the Development of  Bilateral Economic Co-operation between Greece and Uzbekistan - Alexander the Great & Princess Roxanne"

Uzbekistan and Kazakhstan signed $ 1.2 billion worth of deals following the two business forums in Astana in March and Tashkent on September 16 (the former accounting for $ 840 million).