Saturday, 27, April, 2024
Saturday, 27, April, 2024
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.
The Minsk Automobile Plant (MAZ) will launch an assembly production of its chassis in Uzbekistan, the company said. The decision to launch this production unit was made at a meeting of the General Director of MAZ Valery Ivankovich with representatives of the Uzbek company Krantas LLC.
Kitco ranked the world's biggest gold mines by production in 2020. The ranking below was developed on the basis of 2020 (calendar year) production figures reported by companies and preliminary estimates for Muruntau. Gold output is in thousand ounces (koz).
Uzbekistan was ranked as the sixth largest cotton manufacturers in the world, according to the Research and Market's annual report.
Shavkat Mirziyoyev signed the Additional measures to further develop the electrical industry and increase the competitiveness of domestic products decree.
Project deals for two wind farms in Peshku and Gijduvon districts of Bukhara province were approved by the Feb. 23 presidential decrees.
The Uzbek Embassy in Beijing organized an online Uzbek-Chinese business forum. According to the Embassy, the event featured a major presentation on Uzbekistan’s large deposits of precious metals and rare minerals.
On February 23, the Deputy Transport Minister Jasurbek Choriev hosted the Airbus Group Vice President for Eastern Europe and Central Asia Jacques Garrigue and discussed the ties and perspective plans of cooperation, the Ministry of Transport said.
Moody's Investors Service says in a new report that the structural reforms that the Government of Uzbekistan (B1 stable) has undertaken since 2016 have addressed many inefficiencies in the economy, but the most difficult reforms, which carry significant political and execution risk, are still ahead.
As part of the two 280 MW-each-capacity combined cycle gas plants project, the second combined cycle power plant at the Takhiatash TPP has reached full capacity, with functional tests underway, the press service of Thermal Power Plants JSC said in a statement.
On February 22, President Shavkat Mirziyoyev familiarized himself with hydropower projects. Note: The hydropower sector development program for 2017-2021 was adopted in May 2017, which included US$ 3.4 billion 65 projects worth, 34 of them are aimed at creating new capacities, 31 - for modernization.
In 2020, Uzbekistan imported US$ 566.8 million worth of timber and wood products from 50 foreign countries, which is US$ 45.1 million less than in 2019, the Statistics Committee said in a report.
A new automobilу plant for trucks and minibuses is under construction in Jizzakh province. The plant’s project was presented to Shavkat Mirziyoyev on Monday.
A meeting with the Swiss Ambassador to Uzbekistan Olivier Chave was held at the State Customs Committee. According to the committee, official documents on Uzbekistan’s accession to the Global Trade Facilitation Program were signed at the meeting.
This program provides support for countries seeking assistance in aligning their trade practices with the World Trade Organization Trade Facilitation Agreement. The program is funded by the Swiss Confederation.
During his visits to Uzbekistan in March and November 2019, the Secretary General of the World Customs Organization Kunio Mikuria offered to join the Global Trade Facilitation Program.
For information, in 2020, Uzbekistan joined the internationally recognized documents in the field of foreign trade - the Kyoto Convention on the simplification and harmonization of Customs procedures and the Istanbul Convention on Temporary Import.
Earlier, it was reported that the Uzbek government will develop a program to apply the preferences of the GSP + system, which will allow to export about 3,000 items to the EU market without customs duties and 3,200 types of products at reduced rates by June 1, 2021.
It is also planned to introduce 5,200 new standards in Uzbekistan, bring 1,723 national standards and 12 technical regulations in line with international requirements.
In 2020, Uzbekistan exported US$ 459.3 million worth of ready-made garments which is by 30% more than in 2019, the State Statistics Committee said.
On February 11, the President Shavkat Mirziyoyev signed the Measures to Further Expedite the Privatization of State-Owned Assets Decree.