Saturday, 01, October, 2022

Business

SFI Management Group became the owner of 80% shares of PAXTAKOR FC LLC at zero encashment value with the condition of meeting investment obligations. The resolution to sell the controlling stake to a foreign investor was signed by President Shavkat Mirziyoyev.

President Shavkat Mirziyoyev signed the Commissioner for Protection of Rights and Legal Interests of Business Entities bill into law. The document was published in Xalq So’zi newspaper and came into force.

A 20 company strong German delegation will arrive in Tashkent on September 18-23  to hold meetings and talks with Uzbek companies, with the visit co-organized by the Chamber of Commerce and Industry of Uzbekistan(CCI) and the German Economy Office for Central Asia, CCI reported.

Seeking investments from India, Uzbekistan today highlighted food processing, textiles and tourism among the sectors that can help strengthen bilateral cooperation and boost economic ties of the two countries. Uzbek Foreign Trade Minister Elyor Ganiev said that the central Asian country has taken several measures to improve business and investment climate for foreign investors, PTI News said.

UzTrade within the Ministry of Foreign Trade (MFT) inaugurated a trading house in New Delhi in a view to boost Uzbekistan's exports in the Indian market, the MFT said. The trading house will host a showroom of goods of Uzbek manufacturers.

The Russian agriculture company KRMM may supply potatoes to Uzbekistan, the Russian media outlets reported.

15 immovable property from among state-owned assets in Tashkent have been put for auction by the Committee for assistance to privatized enterprises and competition.

17 small industrial zones (SIZ) will be set up in Tashkent province by the end of 2017, the August 10 Presidential decree says. The decision was issued in an intent to fully utilize the rich natural, economic, mineral and raw materials, scientific, technical and labor potential of the province, creating new jobs and increasing the households incomes.

Royal Crown Cola International has officially launched in Uzbekistan. RCCI’s new, exclusive bottler and distributor in the country is Family Group.

JSC UzQurilishMateriallari (transl. Uz Building Materials) announced that it more than doubled the exports of building materials in the half-year to the previous year, reaching $46.9 million.

One of the free economic zones in Uzbekistan will  host an Uzbek-Chinese JV for manufacturing of children's toys. The partner from China will be Shandong Sanhe Toy, the Committee for Investments said.

President Shavkat Mirziyoyev, by his July 28 decree, appointed Dilmurod Kasimov (former first deputy prosecutor of Samarkand province) as the Commissioner for the Protection of Rights and Legal Interests of Entrepreneurs (Business Ombudsman) under the President.

The Government of Uzbekistan plans to reduce the number of taxes for doing business, Deputy Minister of Economy Shukhrat Ismailov said.

President Shavkat Mirziyoyev familiarized himself with agriculture projects in Tashkent province Saturday. An agrologistical center, set up by LLC Greenfoodtrade, will carry out storage, processing and exports of agricultural products. The project, which will achieve full capacity in Q3 of 2018, will increase exports from Uzbekistan, ensure uninterrupted supply of agricultural products to the domestic market, rational use of land, create new jobs.

President Shavkat Mirziyoyev is visiting the city of Angren today. President familiarized himself with the progress of conveyor belts and agricultural and car tires manufacturing plant project in Angren free economic zone.

UzTrade and the delegation of Afghanistan discussed in Tashkent today the organizational issues of opening an Uzbek-Afghan trading house in Mazar-i-Sharif.

The Cabinet of Ministers of Uzbekistan issued a resolution to create a small industrial zone (SIZ) at JSC Oniks in Tashkent’s Almazar district.

Symbolic capsule is casted into the foundation of Uzbekistan Peugeot Citroen Automotive Plant (UzPCA LLC), a new production plant in Jizzakh free economic zone, took place on Thursday, UzAvtoSanoat said in a statement.

President Shavkat Mirziyoyev visited Mindonobod Agrosanoat agro firm in Ferghana province, familiarized himself with the ongoing agriculture projects in the province.

President Shavkat Mirziyoyev issued a decree on June 19 creating a new mechanism of legal protection and representation of interests and rights of business entities through fundamental review of the main tasks and activities of the Chamber of Commerce and Industry (CCI).