Tuesday, 23, July, 2024

Economy

President Shavkat Mirziyoyev approved the measures to commence the implementation of Electrification Of Karshi-Kitab Rail Section Project with the launch of high-speed passenger trains.

Uzbek Prime Minister Abdulla Aripov hosted China’s Agriculture Minister Han Changfu and discussed cooperation in the agrarian sector Saturday.

On the second day of his trip to Namangan province President Shavkat Mirziyoyev visited Merrymed Pharm LLC in the Namangan province.

President Shavkat Mirziyoyev visited a coal briquette production plant, a Uzbekistan Railways subsidiary in Pap District of the Namangan province, UzA reported.

President Shavkat Mirziyoyev visited the Uzbek-Chinese JV Mingbulakneft in  Mingbulak district of  Namangan province, UzA reported.

President of Uzbekistan signed the Approval of An International Treaty Resolution on Wednesday. The resolution has approved the agreement, signed on April 3, 2015 in Tashkent between the Government of the Republic of Uzbekistan and the Government of the United States of America to improve international tax compliance and to implement the Foreign Account Tax Compliance Act, which introduce a reporting regime for financial institutions with respect to certain accounts.

A government meeting was held in Tashkent on Tuesday chaired by President Shavkat Mirziyoyev. The attendees heard and thoroughly discussed reports from the chiefs of the Complex on utility services, transport, capital construction and building industry and the Complex on economic development, structural reforms, investments, reforming the banking and financial systems, coordination of activities of the free economic and small industrial zones under the Cabinet of Ministers; as well those of the heads of the ministries and departments that are part of these complexes on the half-year results, the existing problems and measures to eliminate them, and the important tasks for the second half.

Uzbekistan's GDP growth has remained strong since the mid-2000s. This is due primarily to favourable trade terms for the country’s export commodities (copper, gold, natural gas and cotton), the Government’s macro-economic management and limited exposure to international financial markets. In 2014 the economy grew by 8.1%.

Turkmenistan Airlines intends to launch Ashgabat-Tashkent flight by the end of the year. Senior executives ща Uzbekistan and the Turkmen aviation authorities reportedly discussed launching the said flighе at the meetings in Tashkent on June 28 and 30.

President Shavkat Mirziyoyev on June 30 signed Improving Management System In Oil And Gas Industry Decree, the Presidency website said. In line with the document, UzbekNefteGaz, UzNefteGazQazibChiqarish, UzTransGaz, UzNefteprodukt and UzNefteGazMash shall all become joint stock companies. JSC UzGeoBurNefteGaz was renamed into JSC UzBurNefteGaz.

CB&I yesterday announced it has been awarded a technology contract by Shurtan Gas Chemical Complex LLC (SGCC) for a grassroots ethylene complex to be built in southern Uzbekistan.

President Shavkat Mirziyoyev today visited Krantas Group plant in Tashkent's Mirzo-Ulugbek district, where he familiarized himself with the activities of group's enterprises that manufacture construction equipment, UzA said.

The 76th Plenary Meeting of the International Cotton Advisory Committee (ICAC) will be held in Tashkent, Uzbekistan from October 24-28, 2017. The ICAC Plenary Meetings are attended by over 400 participants from the public and private sectors from over 40 countries.

Phase One of the 1.2 Mt, $40 million Karakalpak Cement plant in Karauzyak district has been commissioned. The project will be implemented in three phases.

President of Uzbekistan Shavkat Mirziyoyev today received the president of the Russian oil company LUKOIL Vagit Alekperov, who is visiting Uzbekistan on a working visit, UzA reported.

President Shavkat Mirziyoyev visited the city of Kokand during his Fergana Valley trip. The head of state arrived to Kokand from Margilan on an electrified train.

President Shavkat Mirziyoyev on June 21 signed the resolution "On measures to further support local exporting companies and boost foreign economic activity." The specialized foreign trade company UzAgroExport, established in 2016, shall be deprived ща monopoly in the export of fresh fruits and vegetables.

The delegation of Uzbekistan headed by Deputy Prime Minister Ulugbek Rozukulov will take part in the 74th meeting of the CIS Economic Council in Moscow on June 23, the press service of the Uzbek Foreign Ministry said in a statement.

It is planned to install biogas plants in 726 large livestock and poultry farms up to 2020 in Uzbekistan. The Government of Uzbekistan adopted a Measures to Increase Biogas Plants in Uzbekistan for 2017-2019 Resolution.

The construction phase I of Gas Processing Plant (GPP) of Kandym group of fields in Uzbekistan will be completed in December, the director of NefteGazInvest, a subsidiary of UzbekNefteGaz, Bakhodyr Siddikov announced at the meeting of the International Press Club Wednesday,.