Monday, 21, September, 2020

Economy

In January-March, Uzbekistan exported over $1 billion worth of gold, a 1.7% increase to the last year, the State Statistics Committee said. While, the gold’s share in exports standing at 29.8%.

On April 21, the Uzbek Minister of Investments and Foreign Trade, Sardor Umurzakov held a teleconference with the Minister of Railways and Commerce of India, Piyush Goyal.

The construction of a new hydroelectric power station in the Sardoba reservoir has commenced in Uzbekistan. The 21.3 million-euro project is scheduled for 2020-2022 and will be financed through the direct loans from RosEximBank (Russia).

In January-March, Uzbekistan’s foreign trade in goods reached US$ 8.14 billion, which by US$ 924.1 million (10.2%) lower compared to the same period in 2019, the State Statistics Committee said in a report.

President Shavkat Mirziyoyev, through video conferencing, launched the construction of the Tashkent Pharma Park Innovative Scientific and Production Pharmaceutical Cluster in the Zangiata district of Tashkent province on Friday.

Shavkat Mirziyoyev chaired a video-conference government meeting on Thursday on the chemical, agricultural and automotive industries, the presidential press service said.

The Ministry of Energy has announced a call for bids for a 100 MW wind farm in the Karauzyak district of Karakalpakstan.

On April 8, a videoconference was held with the top executives of 30 major German companies and banks - ThyssenKrupp, Metro, MAN, Takraf, Klaas, Papenburg, Falk Porsche Technik, Knauf, Deutsche Bank, Commerzbank, Landesbank and others.

Retail prices for AI-80 gasoline and diesel fuel (including ECO grade) is to be deregulated starting from May 1. This is provided for by the April 4 Cabinet’s resolution, the Ministry of Justice said.

The first of two combined-cycle plants with a capacity of 280 MW was commissioned at the Takhiatash Thermal Power Plant (TPP) on Friday, the Ministry of Energy said.