Friday, 29, March, 2024

Economy

Today, April 10, near ​​the Zhibek Zholy checkpoint on the Uzbek-Kazakh border, the Prime Ministers of Uzbekistan Abdulla Aripov and Kazakhstan Askar Mamin held talks and attended the ceremony of laying the capsule at the construction site of the International Center for Trade and Economic Cooperation (ICTEC) "Central Asia".

The transformation office for reforming the Uzavtosanoat and its structural enterprises launched its operations. The office was set up in accordance with the Jan. order of the President of Uzbekistan and was formed jointly with the Boston Consulting Group (BCG), the company said in a statement.

On April 8, Deputy PM/ Minister of Investment and Foreign Trade Sardor Umrzakov met with Minister of Trade of Turkey Ruhsar Pekcan.

Agreements on the implementation of US$ 2.2 billion worth of 33 projects with the Russian investments were reached at the first international industrial exhibition INNOPROM held in Tashkent, the press center of the event reported.

Surhan Gas Chemical Operating Company, VEB.RF and Gazprombank have signed basic indicative financial terms for the implementation of the Mustakillikning 25 Yilligi (M-25) gas field exploration and development project in Uzbekistan, the VEB.RF press service said.

The Ministry of Energy and Phanes Group signed a photovoltaic plant investment agreement (PVP) in Nurata district of the Navoi province, the Ministry of Energy said.

On March 31, a meeting was held at the French Embassy between the deputy of the Jizzakh province governor, Azim Akhmedkhadzhayev, with the Charge d'Affaires of France in Uzbekistan Brice Roquefeuil and the French business partners, Azim Akhmedkhadzhayev announced on his Facebook page.

Officials of the State Committee for Geology and Mineral Resources organized a press conference. During the event, the chief of the Resource base development department, Asror Rustamov updated about recent developments:

The Deputy PM/Minister of Investments and Foreign Trade S. Umurzakov held online talks with the Minister of Commerce of the China Wang Wentao and discuss topical issues of bilateral cooperation and the current progress of priority agreements, the Ministry of Investments and Foreign Trade (MIFT) said.

Today, the latest edition of the World Bank’s Economic Update for the Europe and Central Asia region was released. The report contains the analysis of the situation in 23 economies of the region and forecasts related to their social and economic development in 2021 and 2022. It also covers the recent developments in and outlook for Uzbekistan which are explained below.

The President Shavkat Mirziyoyev signed the Measures to develop public-private partnership in the field of airport management in the republic Decree, the Ministry of Justice said.

Azizbek Abdiev, Deputy Head of the Directorate for Capital Construction under Uzbekistan Railways, spoke about the work progress of the second stage of the Tashkent aboveground circle metro line.

In January-February 2021, Uzbekistan's international trade topped USUS$ 4.5 billion, which is lower by US$ 1.4 billion, or 23.8%, compared to the same period in 2020, the Statistics Committee sai in a report.

The President of Uzbekistan signed the Measures to further introduce market mechanisms in the sale of highly liquid and monopolized goods Decree.

Uzbekistan is ready to step up investment cooperation with the Eurasian Economic Union (EAEU), in particular, prospects for interaction with the Eurasian Development Bank and the Eurasian Fund for Stabilization and Development are being reviewed, the Ministry of Investment and Foreign Trade (MIFT) said.

On March 15, Deputy PM/Minister of Investments and Foreign Trade Sardor Umurzakov held a working meeting with Deputy PM of the Russian Federation Alexei Overchuk.

The Saudi company ACWA Power has successfully completed the financial close for the new 1,500 MW thermal power plant (TPP) project in the city of Shirin, Syrdarya province, the Ministry of Energy said.

The railway authorities of Uzbekistan and Tajikistan are set to sign an agreement on the construction of a power transmission line along the railway section in the north of Tajikistan: Bekabad-Kanibadam-Kokand.

The Pakistani Prime Min­­ister Imran Khan on Wednesday assured Uzbe­kis­tan of complete facilitation in access to Pakistani ports.

The President Shavkat Mirziyoyev signed the Measures to implement investment projects "Construction of a 240 MW capacity combined cycle power plant with a and a 230 MW capacity gas piston power plant in Tashkent province" and "Construction of a 270 MW capacity gas piston power plant in Bukhara province Decree”, Norma said.