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.
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"
Uzbekistan and Kazakhstan signed $ 1.2 billion worth of deals following the two business forums in Astana in March and Tashkent on September 16 (the former accounting for $ 840 million).
Five projects for manufacturing of children's toys will be combined into a cluster to be hosted by the empty facilities of the former TashIgrushka (transl. Tashkent Toy) plant located on an area of 12,000 sq. m.
On September 15-17, the 4th pavilion of UzExpoCentre will host an exhibition of Kazakh goods, the Committee for Investments said.
Tashkent will host an Uzbekistan-Kazakhstan business forum on September 16, the Chamber of Commerce and Industry of Uzbekistan said.
The new agricultural and car tires factory hosted by Angren FEZ produced its first experimental batch of car tires, UzKimyoSanoat said in a statement.
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.