Monday, 19, November, 2018

Economy

The foundation stone laying ceremony of the Hyundai-Namangan KD plant for commercial vehicles in the Turakurgan district of Namangan province on Saturday, UzA reported.

The next Uzbek-German intergovernmental consultations on financial and technical cooperation were held today in Tashkent. Germany delegation was led by the head of the department for China, Central Asia, East Asia, Laos and Cambodia of the Federal Ministry of Economic Development and Development of Germany (BMZ) Kathrin Oellers, the Uzbek Committee for Investments said.

A record 3 million people number of passengers will have fliown on Uzbekistan Airways by the year-end, a 16% increase to 2017, the company announced.

Cooperation agreements were today signed between Uzbekistan and Italy companies, namely: Danieli & C.Officine Meccaniche SpA and JSC Uzbek Metallurgical Plant, as well as Danieli & C.Officine Meccaniche SpA and Toshkent Metallurgiya Zavodi LLC. In the ceremony were present the representatives of SFI Management Group LLC, the trsut management company of the Uzbek Metallurgical Plant.

The value of Uzbekistan’s trade in goods (export and import) in January-October 2018 reached 25,768.3 millions, posting a 15.9% increase to the last year, the Statistics Committee said.

Ukrainian pharmaceutical products are stuck at Uzbekistan’s customs post for several weeks with no explanation given by the Uzbek authorities, Ukrainian media outlets reported citing the Association of Employers' Organizations of the Medical and Microbiological Industry of Ukraine.

45% shares of UzbekKo’mir (transl. Uzbek Coal) belonging to Uzbekistan Railways could be handed over for trust management to the Russian company Progress Gor Tekh.

General Electric has completed the delivery of the first batch of equipment for the modernization project of the Takhiatash Thermal Power Plant, the company said.

Data on reserves, mining and sales of minerals, including precious and rare metals, may be disclosed for the public in Uzbekistan, according to the draft government resolution.

Uzbekistan is eager to commence the construction and commissioning of the first nuclear power plant as soon as possible and has requested the Russian experts to speed up the resolving of all issues, Uzbek Ambassador to Russia Botirjon Asadov told RIA Novosti Monday.