Thursday, 28, March, 2024

Economy

President Shavkat Mirziyoyev and President Alexander Lukashenko inaugurated Amkodor-Agrotechmash joint venture, set up at the Tashkent plant of agricultural machineries.

U.S. Assistant Secretary of State for Economy and Business Brian McFithers and Jan Sheridan of the Bureau of Economic and Business Affairs (EB) will pay a working visit to Uzbekistan on September 12-14.

As of September 10, GM Uzbekistan has stopped making sale contracts for GM Captiva, the company's said in a statement. The decision is in line with GM’s global strategy which is aimed at renewing the model range.

President Shavkat Mirziyoyev signed a decree on August 20 creating a Namangan free economic zone (FEZ) in Chust district of Namangan province.

For three days, Tashkent is hosting an international conference to promote conservation agriculture in this corner of the world, organized by the Food and Agriculture Organization of the United Nations (FAO) and the Ministry of Agriculture of Uzbekistan.

Uzbekistan and Egypt plan to jointly set up a fruit and vegetable and logistics hub, the Uzbek Foreign Trade Ministry said.

President Shavkat Mirziyoyev laid the symbolic foundation cornerstone of the casting and rolling complex at the Uzbek Metallurgical Complex with Italian Danieli company confirmed as the general contractor, the presidential press service reported.

Shavkat Mirziyoyev familiarized himself with the construction progress of the Tashkent Metallurgical Plant in Tashkent province Zangiata district.

Uzbekneftegaz has opened a new natural gas and gas condensate field in Romitan district of Bukhara province on the border with Turkmenistan, the company said.

Uzbekistan Railways completed the Electrification Of Karshi-Kitab Rail Section Project, the company said in a statement. The 124 km line was modernized and electrified, with surrounding safety metal frames installed. Also new stations were built, the existing ones were reconstructed, and another two bridges and 20 artificial structures were built.

The Cabinet of Ministers issued a decree approving holding of the annual UzTextileExpo textile and fashion exhibition to be co-organized jointly with ITECA Exhibitions LLC in Tashkent, as part of which this year:

The Cabinet of Ministers issued the Measures to Efficiently Use Oil and Gas Industry Assets Resolution paving the way for privatization of unused and non-core assets of the state-owned oil and gas firms through public auctions.

Uzbekistan delegation led by the First Deputy Chairman of the Senate Sodiq Safoev held a number of meetings and negotiations during the visit to France. In particular the delegation met with the Vice President of Thales Alenia Space Eric Imbert and discussed the ways to enhance cooperation and the implementation of projects for development of Uzbekistan’s space program.

Year-to-date, the volume of Russian investments inflow into Uzbekistan exceeded US$ 600 million, Russia 24 reported, with over 100 Russian enterprises launched in Uzbekistan.

CIFAL (France) said it was ready to help Uzbekistan to develop its nuclear energy sector, Uzbekistan 24 reported. The company said it was ready to provide its know-how and experience in training of personnel in the field of nuclear energy.

Uzbekistan and Belarus is holding the sixth meeting of the Joint Intergovernmental Commission on Bilateral Cooperation on August 23-24, 2018.

The construction has been completed of a new cross-border link between the telecommunication networks of JSC Uzbektelecom and LLC ElKat (Kyrgyzstan) on the Kuvasai district (Fergana province) - Kyzyl-Kiya (Batken province) section . This link was accepted for commercial operation on August 16, 2018.

Uzbekistan Airways (NAC) will starting from October 28 launch the Tashkent to Jeddah twice a week passenger flights, the company said. This will the first ever direct regular flight that will connect Uzbekistan and Saudi Arabia.

Uzbekistan’s foreign trade turnover in January-July amounted to US$ 17.8 billion, of which exports - US$ 7.6 billion, imports - US$ 10.2 billion, recording trade deficit of US$ 2.5 billion, the Statistics Committee reported.

Bahrom Mansurov has become the deputy DG of UzAtom, the Agency for Nuclear Energy Development under the Cabinet of Ministers, the Ministry of Justice said.