Thursday, 25, July, 2024

Economy

Russia again surpassed China in terms of international trade due to the growth of Uzbek imports. The two-way trade between Uzbekistan and Russia reached $8.33 billion in eleven months, making Russia the main trading partner ousting China,  the State Statistics Committee said in a report.

Deputy PM/Minister of Economic Development and Poverty Reduction Jamshid Kuchkarov elaborated on how much gold had been produced in Uzbekistan over the past five years.

Regular meeting of the Legislative Chamber on Monday, where, the MPs considered the State Budget of the Republic of Uzbekistan for 2023 Bill, which was accompanied by remarks by Minister of Finance T. Ishmetov.

On December 15, President Shavkat Mirziyoyev chaired a conference call government meeting on improving energy supply in provinces and creating jobs.

At a regular meeting of the board of the Central Bank, the BOD members decided to keep the interest rate at 15% per annum, the press service of the Central Bank reported.

Badriddin Obidov, Deputy Minister of Investments and Foreign Trade/Chair of the Negotiation Group on accession to the World Trade Organization (WTO) landed in Geneva to attend the Trade Strategies Forum organized by the UNCTAD/WTO World Trade Center (WTC) and to hold a series of negotiations with WTO member-states for Uzbekistan's membership in the organization.

Uzbekistan is currently using electricity that Kyrgyzstan purchased from Turkmenistan but has promised to return it later, announced at a press conference the Chairman of the Turkmen National Energy Holding Talaibek Baigaziev.

Uzbek government delegation visited South Korea in order to further expand hiring Uzbeks for South Korea jobs, Dunyo reported.

GDP growth per capita this year slowed down by 1.7% to the same period last year. According to the State Statistics Committee, per capita GDP grew by 3.6% in January-September 2022.

The volume of gas production in Uzbekistan has decreased which facts is prompted by the decrease of natural gas reserves and the accidents in fields, the Ministry of Energy said.

In January-October, Uzbekistan exported 4.07 BCM gas worth $841 million, the State Statistics Committee said on Monday.

UZDIF proposed joint project financing in the process of privatization of major state-owned companies. At the 26th session of the Uzbek-British Trade and Industry Council (UBTIC), held yesterday in the capital, the chief of the Uzbekistan Direct Investment Fund (UzDIF), Atabek Nazirov, made a keynote speech.

Cabinet of Ministers posted a draft Amendments and addenda to some decisions of the Government Resolution for public input.

A decline in remittances from Russia and rising cost of living could push an additional one million people into poverty in the region.

Uzbekistan ranked 69th in the UN's Electronic Government Development Index, climbing 18 places to the last year, announced the Deputy Minister of Development of Information Technologies and Communications Jamshid Egamberdiev at a forum dedicated to cooperation between Uzbekistan and Korea Republic in the field of e-government and digital economy at INHA University in Tashkent.

13,856 industrial enterprises were set up in 10 months of this year, the State Statistics Committee said in a report. Number of newly created enterprises over the past five years:

Deputy Prime Minister/Minister of Investments and Foreign Trade of Uzbekistan Jamshid Khodjaev held talks with the Russian Deputy Prime Minister/Minister of Industry and Trade Denis Manturov via conference call.

The State Committee for Geology and Mineral Resources of Uzbekistan, the NavoiUran state-owned enterprise and French Orano Mining signed a trilateral agreement to expand cooperation in the production and processing of uranium. The deal was signed during the visit of the president Shavkat Mirziyoyev to Paris.

As part of the visit of the Uzbek government delegation to France, Deputy PM/Minister of Investments Jamshid Khojaev met with senior executives of a number of leading French companies.

As part of the negotiation process for a free trade agreement between Uzbekistan and Korea Republic, the Deputy Minister of Investments Badriddin Obidov had talks with the Director-General in charge of free trade agreements of the South Korean Ministry of Trade, Industry and Energy Yang Gi-wook via conference call.