Tuesday, 21, August, 2018

Economy

From August 7-9, Moscow will host the next meeting of working groups of Uzbekistan and Russia to prepare for the 19th meeting of the Intergovernmental Commission for Economic Cooperation.

Honeywell announced today that Jizzakh Petroleum JV LLC will use Honeywell UOP technologies to build a new refinery capable of processing 5 million tons per year of crude oil to produce clean-burning gasoline, diesel and jet fuel. The refinery is being built in the Jizzakh province of Eastern Uzbekistan.

JSC Uzbekneftegaz and Honeywell UOP (USA) reached an agreement on the use of UOP’s MTO (methanol to olefins) and Separex systems.

Uzbekistan and Spain are planning to hold the first meeting of the intergovernmental commission for economic and industrial cooperation in autumn, an official of the Committee for investments told The Tashkent Times.

This statement summarizes discussions between the authorities and an IMF staff team in Tashkent during July 17-26, 2018. The authorities have made further progress on their far-reaching reforms to tackle the country’s most pressing economic and social challenges.

Prices for GM Uzbekistan cars will increase from August 1 on average by 14%, Shavkat Umurzakov the chairman of UzAvtoSanoat at the International Press Club meeting while promising discounts and price cuts from that next.

Made in Belarus exhibition will take place in Tashkent from September 14-19, 2018, featuring products by over 100 flagship enterprises: BELAZ, MTZ, Belshina, Belorusskaya Lesnaya Kompaniya, Berezastroimaterialy, Adani, BelOMO, Conte SPA, Kommunarka, Babushkina Krynka, Belryba and others, Belinterexpo reported.

Uzbekistan in the first year-half exported US$ 1.1 billion worth natural gas. Among other exported resources - electricity (US$ 106 million) and uranium (US$ 98.9 million).

Deputy Minister of Foreign Trade Sahib Saifnazarov met with the Belarussian Ambassador to Uzbekistan Leonid Marinich and the DG of the Managing Company of BelPharmProm Holding Valery Shevchuk Wednesday, the Ministry of Foreign Trade said in a statement.

The 7th meeting of the Uzbek-French Intergovernmental Commission for Trade and Economic Cooperation was held at the Ministry of Foreign Affairs of France, which was attended by over 50 government officials, business executives and experts from both sides, Dunyo reported.