Saturday, 20, April, 2024

Economy

Uzbekistan has resumed car exports to Russia, UzAuto Motors said in a statemnt. In May 2018, the then GM Uzbekistan stopped car deliveries to Russia due to revision of the pricing policy, and major production modernization to launch new models.

On August 20, the President Mirziyoyev familiarized himself with the mining and metallurgical plant construction project near the Tebinbulak deposit in the Karauzyak district during his trip to Karakalpakstan, the press service of the head of state said.

Uzbekistan exported US$ 3.4 billion worth of gold in January-July 2019, an increase by 2.2 times to 2018, with the share of gold in exports at 31.8%, the State Statistics Committee said in a report.

US$ 553 million modernization project has been launched at the Bukhara oil refinery. The refinery, founded in 1997, will be technologically upgraded for the first time in 22 years, the Uzbekneftegaz said.

The spent fuel of the future nuclear plant in Uzbekistan, will be processed in Russia, and radioactive waste will be stored in Uzbekistan, Uzatom said.

Shavkat Mirziyoyev signed a Measures To Further Develop Uzbekistan’s Tourism Sector decree introducing 30-day visa-free travel for the citizens of the following 20 countries from January 1, 2020:

A new oil and gas condensate field was discovered in Uzbekistan on August 10 at the Muborak investment block. The field named Bohoriston is being developed by the subsidiary of the American Epsilon Development Company LLC.

Two 230 and 280 MW capacity combined cycle plants are being erected at the Takhiatash TPP, which are due to be commissioned in 2020.

Starting from August 26, UzAuto Motors plants will undergo annual scheduled maintenance, the company said. Car production will be suspended until September 23.

Uzbekkumir (transl. UzbekCoal) accepted the delivery of 15 BELAZ 75131 dump trucks to use in the upper layers of the Angren coalfield. Two working groups, including Belarusian and local experts, were set up to assemble the trucks.

On July 29, the special representative of the Uzbek President for Afghanistan, Ismatulla Irgashev held talks with several high-ranking officials in Kabul, the Uzbek Foreign Ministry said.

Uzbekistan Airways is planning to sell its six aircrafts, of which two Boeing 767s, two Boeing 757s and two passenger to cargo converted Boeing 767s, the company said.

Gold and silver production in Uzbekistan will reach 300 tons in 2021 against 150 tons expected in 2020, as provided for in the Mineral Resource Base Development State Program for 2020-2021, the Ministry of Justice said.

President Shavkat Mirziyoyev signed the Measures to further improve regulation of production and sale of some items subject to excise tax decree, the Ministry of Justice said.

The construction of the fourth line of the Uzbekistan-China gas pipeline will be sped up, Uzbekneftegaz said. This became known after the talks in Tashkent with the executives of the Chinese CNODC.

As per the Additional measures to boost the development of Uzbekistan’s automotive industry decree signed earlier by the President Shavkat Mirziyoyev, the excise tax on cars manufactured by UzAutoMotors is to be scrapped after October 1, 2019.

The President Shavkat Mirziyoyev signed the Additional measures to boost the development of Uzbekistan’s automotive industry decree.

From mid-June Kazakhstan began exporting electricity to Uzbekistan, the Kazakh Ministry of Energy said in a statement. 145 million kWh were supplied to Uzbekistan As of July 17 as per the electricity sale agreement between the two countries, with more than 1 billion kWh to be supplied to the Uzbek power grid during the year.

On July 16, Uzbekistan Airways began operating regular direct flights to Tbilisi. The ambassador of Uzbekistan to Georgia Sherzod Fayziev and the ambassador of Georgia to Uzbekistan Zurab Abdushelishvili and the head of the Georgian Tourism Authority Mariam Kvrivishvili solemnly greeted the passengers of the first flight at the Shota Rustaveli Tbilisi International Airport.

The Prime Ministers of Uzbekistan Abdulla Aripov and Kazakhstan Askar Mamin opened the Beineu - Akjigit - Uzbek border (to Nukus) international highway. The footage of the opening ceremony was published on the Instagram page of the Kazakh PM.