Monday, 08, March, 2021

Economy

The ammonia and urea chemical complex, the construction of which began at the Navoiazot plant in September 2016, released its first urea on December 23, the Uzkimyosanoat said in a statement.

US$ 1.2 billion worth of over 609.4 thousand tons of textiles have been cleared for export from Uzbekistan in 11 months of this year, the State Customs Committee said on its website.

On December 17, 2020, Hyatt Regency Tashkent hotel hosted a conference of the MEYOS association of manufacturers and suppliers of the woodworking industry of Uzbekistan.

The deal between Uzbekistan and Russia for a nuclear power plant in Uzbekistan is "basically ready", with only technical aspects remaining, said the Russian Ambassador to Uzbekistan Vladimir Tyurdenev on December 21.

During the visit of a delegation of the Uzbek Ministry of Energy between December 13-15 to Moscow, a number of energy projects accords were signed with the Russian companies, the Ministry of Energy said.

In January-November 2020, Uzbekistan’s foreign trade in goods topped US$32.9 billion, which is less by US$4.8 billion 12.9%) to the same period last year, the State Statistics Committee in a report.

The State-Owned Assets Management Agency (SOAMA) has announced putting for sale of the 57.118% stake in Coca-Cola Bottlers Uzbekistan.

Starting from December 18, the Rosselkhoznadzor allows the import of tomatoes and peppers into Russia from seven enterprises from the Fergana province of Uzbekistan, the department said in a statement.

The 2021 State Budget Bill was passed at the plenary session of the Senate on Friday. In accordance with the document, the budget revenues are planned to be at 21.3% of GDP, 147.2 trillion soums, US$ 14 billion and expenditures - 24% of GDP, 165.8 trillion soums, US$ 15.6 billion. The budget deficit, thus, is at 2.7% of GDP, or 18.6 trillion soums.

Uzbekistan and Russia are implementing US$ 22 billion worth of energy projects, the Uzbek Energy Ministry said. This figure was announced during the talks of the Energy Minister Alisher Sultanov with his Russian counterpart Nikolai Shulginov held yesterday as part of the working trip to Moscow.