Tuesday, 30, May, 2023

Business

The President draft resolution of the  of Uzbekistan "On measures to further Improve trade activities and customs-tariff regulation in Uzbekistan Decree was published for public discussion.

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."

Kinstellar, Emerging Europe and Central Asia’s leading independent law firm, opened a new office in Tashkent, Uzbekistan.

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.

Delegation of UzEltechSanoat (transl. Uz Electrical Technical Industry) visited Egypt. The executives of Uzeltehsanoat were hosted by the First Deputy Minister of Trade and Industry of Egypt Ahmed Anter, Jahon reported.

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.

JV Jizzakh Petroleum will launch filling stations network, which will sell imported gasoline, Uzbekneftegaz, the major shareholder, said.

Uzbekistan is among 40 countries where sweet cherry is grown. According to the data of FAOSTAT, Uzbekistan is in top 10 of largest sweet cherry producers in the world and out of 100 thousand tons of cherries produced in Uzbekistan 30% is exported to CIS and other foreign countries per year.

Uzbekistan-Kyrgyzstan business forum and a matchmaking session were held in Tashkent yesterday on  the day of the arrival of the President of Kyrgyzstan, Sooronbai Jeenbekov, which was attended by over 100 Kyrgyz engineering, construction, food, packaging, light industry and IT companies.

President Shavkat Mirziyoyev launched the initiative to develop business aviation in Uzbekistan. Business aviation is an air transport option tailored to the specific needs of company, UzA reported.

UzTrade inaugurated its showroom in Mazar-i-Sharif (Afghanistan) Thursday, which features a wide range of goods of Uzbekistan’s manufacturers.

The National research and production company FONON and South Korean Hwachon Plant-Gemco signed an agreement on setting up of a joint venture manufacturing jewelry in Tashkent.

Hyundai Motor Co. said Monday it has signed a US$14 million deal to supply 182 trucks to the Uzbek ministry for environmental protection.