Saturday, 27, April, 2024
Saturday, 27, April, 2024
Passenger cars production in Uzbekistan reached 218,912 thousand in January-October, an increase by 41.8 % compared to 2018, the State Statistics Committee said.
Uzbekistan is on a roll with its economic reforms. This year alone, the country has issued a wildly successful debut Eurobond, kicked off an ambitious privatisation program, lifted restrictions on repatriation of corporate profits and floated its currency, thus eliminating a troublesome dual exchange rate system.
Total trade value of Uzbekistan in January-October 2019 topped US$ 34.7 billion, a US$ 8.8 billion increase, or by 34.4 % compared to the last year, the State Statistics Committee said in a report.
The Phase II of the of KamAZ trucks production in Uzbekistan is scheduled to be launched on November 25-26. A delegation from Tatarstan will soon travel to Uzbekistan, Farid Nasriev, Consul General of Uzbekistan in Kazan said.
The Senate Deputy chair Sodiq Safoev hosted the delegations of the US Securities and Exchange Commission and Commodity Futures Trading Commission, the Senate said.
The Director of the for State Assets Management Agency, Sunatilla Bekenov hosted a delegation of Sumitomo Corporation headed by the Deputy Director of the Japan Civil Aviation Bureau.
Ministers from the 11 members of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new long-term strategy to improve energy security, increase investment, and improve the sustainability of energy systems in the region, setting it on a path toward achieving a secure energy future.
O'zlitineftgaz and Schlumberger Oilfield Eastern Limited have signed a Confidentiality Agreement and a Memorandum of Understanding (MoU), Uzbekneftegaz said.
The Office of the United States Trade Representative announced today that USTR is closing the GSP IP eligibility review of Uzbekistan opened in 1999, following Uzbekistan’s accession to the Geneva Phonograms Convention, the World Intellectual Property Organization (WIPO) Copyright Treaty, and the WIPO Performances and Phonograms Treaty. The GSP worker rights eligibility review of Uzbekistan will remain open.
The UAE company Masdar will invest up to US$ 100 million for the first photovoltaic plant project with 100 MW capacity in the Navoi province of Uzbekistan, the Ministry of Investment and Foreign Trade (MIFT) said.
There are currently 275 oil and gas fields in Uzbekistan with total reserves of 2.4 billion cubic meters (BCM) tons of conditional fuel, Uzbekneftegaz reported.
At the Uzbekistan Ministry of Transport of the Republic was held a meeting with the Deputy Chairman of the Azerbaijan Railwaysб Igbal Guseynov.
The Public-Private Partnership Development Agency (PPPDA) under the Ministry of Finance and the Ministry of Energy of Uzbekistan began preparing of the US$ 1 billion TPP project.
Asphalt and concrete items production plant will be built by the Dutch company Lumidea engineering in Khiva. This was reported by the Podrobno.uz correspondent with reference to Dunyo news agency.
Epsilon Development Company, the company encorporated in the United States, has discovered a new oil and gas condensate field in southern Uzbekistanб with estimated reserves of about 10 million tons of oil and 7 BCM of gas, as per the findings of prospecting and appraisal drilling, the company said on Tuesday.
The Ministry of Energy, the Korean Energy Agency (KEA) and the Korean company SK Engineering & Construction (SK E&C) signed a Memorandum of Understanding (MoU) to develop a feasibility study for the Mubarek TPP modernization project, the Ministry of Energy said.
On October 28, an industrial flow of natural gas was obtained at the Yormok field with a provisional flow rate of 250-300 thousand cubic meters per day, the Ministry of Energy said.
On October 24, President Shavkat Mirziyoyev signed a decree canceling the hand-over of the Uzbekistan Railways’ stake (45%) in UzbekKo’mir (Uzbek Coal) for the trust management to Russian company Progress Gor Tech. This was stipulated by the presidential March decree on increasing the management efficiency of UzbekKo’mir JSC.
On October 25−26 in Nurafshan city hosted the Invest in Tashkent Region Forum, the Tashkent governor’s office said. The forum was reportedly attended by various government delegation, institutional investors, business executives - in total more than 350 attendees from more than 40 countries.
Thank you to the American-Uzbekistan Chamber of Commerce for organizing this event. And congratulations on the rapid expansion of your membership to more than three times as many members today as you had three years ago. That reflects the growing commercial partnership between our countries.