Friday, 14, June, 2024

Business

Uzbekistan undertook five business reforms in the past year, earning the country a spot in the top 10 global improvers for a third time, says the World Bank Group’s latest Doing Business 2018: Reforming to Create Jobs report.

President of Uzbekistan Shavkat Mirziyoyev visited Istanbul during the state visit to Turkey on Thursday, UzA said.  Shavkat Mirziyoyev hosted the Turkish Prime Minister Binali Yildirim, after which they met with senior business executives of the two countries.

Over $ 1 billion worth of deals for export of ready-made garments and semi-finished products were signed at the 13th Uzbek International Cotton and Textile Fair which wrapped up yesterday in Tashkent.

For the next two days, the world’s cotton industry leaders, textile companies and sales agents will gather in Tashkent for the XIII International Uzbek Cotton and Textile Fair.

At yesterday’s Uzbekistan-Iran business forum in Tehran the Uzbekistan government delegation officials urged the Iranian businesses to establish and develop partnership ties and jointly implement projects.

The government delegation of Uzbekistan led by the Minister of Foreign Affairs Abdulaziz Kamilov will pay an official visit to Iran on October 16-18,  the Foreign Ministry announced in a statement.

On October 7, 2017, the Government of Uzbekistan issued a Setting up of Small Industrial Zone in Uchtepa district of Tashkent city Resolution.

Delegation of SIEMENS, headed by the company president in Russia and Central Asia Dietrich Möller, visited Uzbekistan on 9-10 October.

At the Uzbek Foreign Trade Ministry were held talks Israeli Ambassador to Uzbekistan Eduard Shapira. The sides discussed the current state and prospects of trade, economic and investment cooperation between the two countries, the ministry said.

Uzbekistan-Russia business forum was held today in Tashkent. The Russian delegation was headed by the Minister of Industry and Trade Denis Manturov.

Maiden industrial exhibition of Tashkent city manufacturers was held from 29 September to 1 October in Bishkek. The event was co-organized by the Exporter SMEs Support Fund within the NBU and the Tashkent mayor’s office, attended by about 100 enterprises in Tashkent cit, manufacturing food products, textile, chemicals, building materials and furniture, presented their products to entrepreneurs and residents of the Kyrgyz capital.

Alisher Usmanov’s USM Holdings may buy a mobile phone operator Coscom (Ucell), CNews said. According to CNews, USM Holdings is in talks with the Swedish Telia to purchase Coscom.

Uzbekistan and Nukem (USA) signed a uranium supply contract, the Uzbekistan’s Foreign Trade Minister Elyor Ganiev said at the meeting of the International Press Club Wednesday.

Government handed over its share in the authorized capital of Uzbekistan’s only metallurgical plant - UzMetKombinat JSC for trust management to SFI Management Group, a foreign entity.

At Uzbek Foreign Trade Ministry were held talks with the senior regional trade adviser at USAID Ryder Rogers. The sides reportedly discussed prospects for cooperation, in particular the implementation of the USAID Competitiveness, Trade, and Jobs projects in Central Asia which are aimed at facilitating exports and employment in horticulture and strengthening transport and logistics services across the five Central Asian economies.

Uzbekistan Airways has selected GEnx-1B engines to power four new Boeing 787-8 aircraft. The engine order is valued at more than $230 million (USD), including a custom-ordered spare engine, GE Aviation said. Deliveries are scheduled to begin in 2018.

Uzbekistan and US firms signed US$2.6 billion worth of deals at the Uzbek-American business forum in New York on Wednesday, co-organized by the Uzbek Committee for Investments and Uzbek-American Chamber of Commerce.

In an intent to boost Uzbekistan’s exports in the US market, UzTrade, a company within the Foreign Trade Ministry, opened a trading house in New York. The trading house will reportedly host a permanent showroom of Uzbek goods.

President of Uzbekistan Shavkat Mirziyoyev met with senior executives of some major US companies in New York on Tuesday, including the chair of the Uzbek–American Chamber of Commerce, Carolyn Lamm, President of GE for CIS, James Ronald Pollett, President and Executive Director of Honeywell Performance Materials and Technologies, Rajeev Gautam, Vice President of CNH Industrial, Steven Nadherny and , President of John Deere, James Field.

The Consulate General of Uzbekistan in Greece, in cooperation with the Institute for the Development of Western Greece,  the Greek Nationwide Association of Industries based at Industrial Parks and Ellrosa Consulting Group Ltd. have launched the “Initiative for the Development of  Bilateral Economic Co-operation between Greece and Uzbekistan - Alexander the Great & Princess Roxanne"