The French multinational company Thales International, that designs and builds electrical systems and provides services for the aerospace, defence, transportation and security markets, intends to partner with Uzbekistan in the development and production of satellites and satellite equipment, Takhlilnoma (weekly analytical news program - Edit.) on Uzbekistan 24 channel reported.
President Shavkat Mirziyoyev yesterday signed a decree creating Sirdaryo free economic zone (FEZ). The decree aimed “comprehensive and rational use of the Syrdarya province’s production and resource potential, creating new jobs and increasing the income of households”.
Quartz, a glass manufacturer, reported completing a successful maiden IPO in Uzbekistan. Over 4.5 million of Quartz shares went public on December 5, 2017, with shares sold by auction method at the highest bid price, with only 0.05% of the total amount of shares sold to one single investor.
The Foreign Trade Ministry of Uzbekistan held a second round of talks with the officials of the Ministry of Economy and Customs of the Republic of Turkey to discuss the draft Agreement on preferential trade between the two states.
Chamber of commerce and industry of Uzbekistan and the Total Media Solutions (Pvt) Ltd on Tuesday announced the establishment of the Pak-Uzbek Business Council aimed at providing a platform to the business communities of both the countries to boost trade, investment, cultural and tourism relations and opportunities. To this effect, a memorandum for mutual cooperation and enhancement of business opportunities was signed here in Uzbekistan Embassy in the presence of Center for Global & Strategic Studies (CGSS).
The government of Uzbekistan and Veolia group of companies (France), a global leader in water management, waste management, transport and energy services, signed Memorandums of Cooperation (MoC) for implementing projects in Namangan and Tashkent, UzA said. The accords were signed following the visit of the Veolia delegation led by Vice President for Central and Eastern Europe Malika Genduri.
President Mirziyoyev by his March 24 decree cancelled the mandatory pre-shipment inspection of goods imported into Uzbekistan. The document is aimed at "further liberalization of foreign trade, creation of equal and favorable conditions for businesses, as well as removal of unnecessary barriers in trading activities."
The Russian Lukoil today launched its first filling station in Uzbekistan, located at Temur Malik street of Tashkent’s Yashnabad district with a minimarket and a café stationed by it.
The government of Uzbekistan has determined a site in Tashkent, where the High-Tech City innovations district will be located. According to the Cabinet's March 5 Decree the district will be located between the Amir Temur, Sandikkurgon, Iftikhor streets and Small Ring road.
Uzbek Chamber of Commerce and Industry hosted the Uzbekistan-India Pharmaceutical & Chemical Business Forum with the participation of the India delagation led by the Minister of State for Chemical & Fertilizers of India Mansukh Mandaviya.
Uzbekistan and Tajikistan will set up a joint business council, Adham Ikramov the chairman of the Uzbek Chamber of Commerce and Industry announced on Tuesday in Tashkent.
The Minister of State of Road Transport, Highways and Shipping, Chemicals and Fertilizers of India Mansukh Mandaviya will visit Uzbekistan from February 21 to 23, as the head of a pharmaceutical delegation, which aims to enhance cooperation between Uzbekistan and India in the field of pharmaceuticals.
Now the time is right to invest in Uzbekistan, because the business climate is changing, the economy is gaining momentum, which makes doing business easier, the chairman of the Uzbek Committee for Investments Azim Ahmedkhadjayev said at a meeting with South Korean business executives in Tashkent on Monday, gazeta.uz said.
The Committee for Investments, Tashkent City Administration and South Korean POSCO Daewoo signed amendment cooperation agreement for joint implementation of the High Tech City Project, the committee said in a statement.
KFC, an international chain of catering restaurants specializing in chicken dishes, enters the Uzbek market. Yum! Brands, an American fast food company, which operates the brands KFC, Taco Bell and Pizza Hut worldwide, is hiring employees in Tashkent, as several Uzbekistan job search sites posted vacancies as of January 25.