Monday, 19, August, 2019

Economy

Renault plans to launch the production of budget cars in Uzbekistan, including the KWID hatchback, Dunyo news agency said.

The first of the Working Group meeting on monitoring the implementation of the agreements reached during the summit meetings took place in Seoul Friday, Dunyo said.

Gas production at Lukoil projects in Uzbekistan will surpass 16 BCM per year from 2019, said the company's first executive vice president Ravil Maganov at the annual meeting of shareholders.

The joint venture Natural Gas-Stream, set up by Uzbekneftegaz and Gas Project Development Central Asia, is investing more than US$ 700 million in gas production in northwest of Uzbekistan.

Uzbekistan produced over 98.78 thousand passenger cars in January-May 2019, which is by 46.7% more to the same period of 2018.

A U.S. Department of Commerce Certified Trade Mission featuring 13 major US companies is visiting Tashkent this week to learn more about the business and investment climate in Uzbekistan, and to meet with top Uzbek government officials, American Chamber of Commerce members, state enterprises and other Uzbek companies.  The certified trade mission fulfills a pledge made by Commerce Department Secretary Wilbur Ross to President Mirziyoyev during his visit to Tashkent last fall.

Uzbekistan Government published a resolution for public consultation on setting up of a joint venture with the French Orano Mining SA for exploration and mining of uranium in the Navoi province.

The President’s draft Additional Measures for Development of Leather, Footwear and Fur Industries and to Stimulate the Manufacture of Import-Substituting and Export-Oriented Products decree has been published for public input.

GM Uzbekistan will launch production of Chevrolet Trailblazer, Chevrolet Equinox and Chevrolet Traverse SUVs (Sport Utility Vehicle) in December 2019, said the head of strategic planning, analytics and development at Uzavtosanoat Rustam Kodirov.

The Foreign Minister Abdulaziz Kamilov today hosted the new Qatari Ambassador Sheikh Hamad Al Khajri (stationed in Tehran).