Tuesday, 21, August, 2018

Economy

1 to 50-ton range Hyundai trucks, intercity and tourist buses, and special vehicles will be assembled in Namangan, UzA reported. The presentation of the project was held on the margins of the meeting of the president of Evergreen Motors Group Kim Chang Kyoung with Namangan province governor Khairullo Bozorov.

Uzbekistan will allocate US$ 57.7 million for electrification of the Marokand-Navoi rail line. The draft presidential Measures to Implement Electrification of the Marokand-Navoi Railway Section Project Decree has been posted on the portal for discussion.

After liberalising its foreign exchange system, Uzbekistan now needs to restructure its entire economy distorted by the decades of strict currency and price controls, Reuters said.

The Uzbek Foreign Trade Ministry signed a number of documents on the margins of the visit of President Shavkat Mirziyoyev to the United States, the ministry said.

Official inauguration ceremony of the new production facility after upgrade of KNAUF Gipsum Bukhara plant was held in Bukhara, which was attended by the Uzbekistan PM Abdulla Aripov, the Managing Partner of the Knauf International Group Manfred Grundke and the German Ambassador to Uzbekistan Günter Overfeld.

22nd edition of Global Oil & Gas Uzbekistan/OGU 2018 International Exhibition and Conference series the flagship events of Uzbekistan's oil and gas industry will be held on May 16-18 in Tashkent.

UzbekEnergo and General Electric (GE), as part of the official visit of Uzbek President Shavkat Mirziyoyev to the United States, signed several deals expanding cooperation in the field energy, GE said.

The eighth meeting of the Intergovernmental Commission on Economic Cooperation between Uzbekistan and Georgia was held in Tbilisi.

Uzbekistan and Georgia will hold the eighth meeting of the intergovernmental commission on economic cooperation in Tbilisi on May 14-15, 2018, the press service of the Uzbek Foreign Ministry reported.

Uzbekistan is prepared to privatize its state airline but will keep full control of its lucrative gold mines and oil firm, Reuters said.