Sunday, 21, January, 2018

Economy

President Shavkat Mirziyoyev yesterday signed Measures For Massive Improvement Of Cotton Industry Management System Decree.

The Minister of Finance Batyr Khodjaev has been appointed as Minister of Economy taking over from Galina Saidova, who held various posts in the Ministry of Economy since 2002. In 2010-2011, she was in charge of the Ministry of foreign economic relations, investments and trade and was the Minister of Economy since 2011.

Chairman of the Uzbek Investments Committee Azim Ahmadhojaev and CEO/President of POSCO Daewoo Joung Sang Kim signed an agreement on projects of solar modules production facility and construction of photovoltaic plant in Uzbekistan.

On November 23, the President Shavkat Mirziyoyev attended the Uzbekistan- Korea business forum that featured over 700 government officials and business executives from both countries.

UzKimyoSanoat (transl. UzChemical Industry) and Samsung Engineering signed an agreement on implementation of $556 million total worth of four projects:

Uzbek Investments Committee chairman Azim Ahmedkhadzhayev and CEO of Evergreen Motors Edward Kim signed a Memorandum of Understanding to launch mass production of Hyundai cars in Uzbekistan.

As part of the state visit of President Shavkat Mirziyoyev to the Republic of Korea, UzAvtoSanoat has reached deals on launching manufacture of Chevrolet Tracker car, upgraded Chevrolet Cobalt, as well as motorcycles and scooters in Uzbekistan, the media center covering the visit of the President to the Republic of Korea reported.

Deputy Chairman of UzbekEnergo Shukhrat Sheraliev and Senior Executive Vice President at KEPCO Hwang-ryul Liu signed a Cooperation Agreement on SCADA: Supervisory Control and Data Acquisition System introduction project in Uzbekistan’s power grid.

On the eve of the state visit of the President of Uzbekistan to the Republic of Korea, the chairman of the Uzbek geology committee, Bobur Islamov held a series of talks in Seoul, the Uzbek Presidency website said.

On November 16, 2017 at the Kazakh-Russian border  KazTransOil’s oil pipelines system accepted the first batch of Russian oil intended for further transit through the territory of Kazakhstan to Uzbekistan.