Saturday, 20, October, 2018

Economy

The Cabinet of Ministers issued the Measures to Efficiently Use Oil and Gas Industry Assets Resolution paving the way for privatization of unused and non-core assets of the state-owned oil and gas firms through public auctions.

Uzbekistan delegation led by the First Deputy Chairman of the Senate Sodiq Safoev held a number of meetings and negotiations during the visit to France. In particular the delegation met with the Vice President of Thales Alenia Space Eric Imbert and discussed the ways to enhance cooperation and the implementation of projects for development of Uzbekistan’s space program.

Year-to-date, the volume of Russian investments inflow into Uzbekistan exceeded US$ 600 million, Russia 24 reported, with over 100 Russian enterprises launched in Uzbekistan.

CIFAL (France) said it was ready to help Uzbekistan to develop its nuclear energy sector, Uzbekistan 24 reported. The company said it was ready to provide its know-how and experience in training of personnel in the field of nuclear energy.

Uzbekistan and Belarus is holding the sixth meeting of the Joint Intergovernmental Commission on Bilateral Cooperation on August 23-24, 2018.

The construction has been completed of a new cross-border link between the telecommunication networks of JSC Uzbektelecom and LLC ElKat (Kyrgyzstan) on the Kuvasai district (Fergana province) - Kyzyl-Kiya (Batken province) section . This link was accepted for commercial operation on August 16, 2018.

Uzbekistan Airways (NAC) will starting from October 28 launch the Tashkent to Jeddah twice a week passenger flights, the company said. This will the first ever direct regular flight that will connect Uzbekistan and Saudi Arabia.

Uzbekistan’s foreign trade turnover in January-July amounted to US$ 17.8 billion, of which exports - US$ 7.6 billion, imports - US$ 10.2 billion, recording trade deficit of US$ 2.5 billion, the Statistics Committee reported.

Bahrom Mansurov has become the deputy DG of UzAtom, the Agency for Nuclear Energy Development under the Cabinet of Ministers, the Ministry of Justice said. 

Starting from September 15, Uzbekistan Airways will launch once-a-week regular flights to Vladivostok from Tashkent, the company said.