Tuesday, 25, June, 2019

Business

The first meeting of the Uzbekistan-India Business Council is scheduled to be held in Gujarat on January 17 ahead of the visit of President Shavkat Mirziyoyev to India. The meeting will be attended by the officials of ministries and departments, and executives of major Indian companies, the Chamber of Commerce and Industry of Uzbekistan said.

Uzbek Ambassador to Austria, Sherzod Asadov, met with the leadership of the taste giving ingredients manufacturer Esarom GmbH - President Ernst Kunze, CEO Michael Kornberger, Finance Director Stefan Mölz and Director for the CIS Alla Brodyansky Saturday, the Uzbek Foreign Ministry said.

Uzbekistan-Germany Business Forum and bilateral negotiations with German companies, organizations and financial institutions will be held in Berlin today on the eve of the visit of the President Shavkat Mirziyoyev to Germany, co-organized by the Uzbek Investments Committee and the German Committee on Eastern European Economic Relations.

Russian oil company Tatneft has founded Tatneft-AZS-Tashkent LLC in Uzbekistan, registering its sales subsidiary in Nurafshon city, Tashkent province on December 26, 2018, Kommersant newspaper said.

Shavkat Mirziyoyev signed the Measures for implementation of the Setting up of Modern Jewelry Production Unit in Tashkent city Project Decree.

Seven new small industrial zones (SIZ) will be set up in the Fergana province. The government of Uzbekistan issued a decree Measures on Setting of Additional Small Industrial Zones in Fergana province.

Uzbekistan and Hungary signed $ 46.5 million worth six deals at a business forum in Tashkent on Friday, the Uzbek Investments Committee said:

On December 12-17, 2018, Westminster International University in Tashkent hosted an intensive training course for women farmers and entrepreneurs from Ferghana Valley designed to develop their skills and knowledge in agribusiness and horticulture.

The government decided to sell the controlling stake in Jizzakh Battery Plant, worth almost 94 billion soums. “In line with the President’s Measures For Further Development of Jizzakh Battery Plant Decree of June 5, 2018, Uzavtosanoat will offer the 51.78% stake of Jizzakh Battery Plant through Tashkent Stock Exchange, Uzavtosanoat said.

Nordic telecoms operator Telia said on Wednesday it had sold its stake in Uzbekistan’s Ucell for $215 million on a debt-free basis, as part of its strategy to exit its Eurasian businesses.