Tuesday, 16, October, 2018

Economy

Deputy Minister of Foreign Trade Sahib Saifnazarov met with the Belarussian Ambassador to Uzbekistan Leonid Marinich and the DG of the Managing Company of BelPharmProm Holding Valery Shevchuk Wednesday, the Ministry of Foreign Trade said in a statement.

The 7th meeting of the Uzbek-French Intergovernmental Commission for Trade and Economic Cooperation was held at the Ministry of Foreign Affairs of France, which was attended by over 50 government officials, business executives and experts from both sides, Dunyo reported.

Uzbekistan jumped 19 places from 118th in 2016 to 99th in the 2018 edition of the World Bank's Logistics Performance Index (LPI) published every two years.

IFG Capital Partners has signed an agreement with the State Committee of the Republic of Uzbekistan on Geology and Mineral Resources (Committee for Geology) to conduct a feasibility study on the Yakhton tungsten deposit development in Samarkand region of Uzbekistan.

The seventh meeting of the Uzbek-Vietnamese intergovernmental commission for trade, economic, scientific and technical cooperation was held in Tashkent Monday, the Uzbek foreign trade ministry said.

Uzbekistan and Afghanistan are planning to sign an agreement on free trade. "The parties are currently drafting the deal, which provides for the exemption from customs duties of Afghan goods, as well as pre-emption of other trade restrictions," an official of the Ministry of Foreign Trade told The Tashkent Times.

“More foreign airlines will be flying to Uzbekistan, which will lessen the load on Uzbekistan Airways and increase the tourists’ inflow”, Frist Deputy PM Achilbay Ramatov said at the opening of the renovated terminal at Nukus airport. The Nukus airport now has the pre-flight control, with increased number of check-in counters and passenger throughput reaching 400 people per hour.

NeftegazGazQazibChiqarish, the subsidiary of UzbekNeftegaz, has commissioned the new Sharqiy Suzma field and launched the new gas pipeline.

Afghanistan's power grid will be connected to the unified energy system of Uzbekistan and the Central Asia. This was stated during the conference: Realities and Proxpects of the Electricity Sector Reforms– Experience Gained, Lessons Learned and Myths Debunked, co-organized by Uzbekenergo and the Asian Development Bank back in June.

President Shavkat Mirziyoyev held a government meeting yesterday devoted to the launching of Uzbekistan’s nuclear power program, the presidential press service reported.