Tuesday, 28, May, 2024

Economy

Uzbekistan delegation led by the First Deputy Chairman of the Senate Sodiq Safoev held a number of meetings and negotiations during the visit to France. In particular the delegation met with the Vice President of Thales Alenia Space Eric Imbert and discussed the ways to enhance cooperation and the implementation of projects for development of Uzbekistan’s space program.

Year-to-date, the volume of Russian investments inflow into Uzbekistan exceeded US$ 600 million, Russia 24 reported, with over 100 Russian enterprises launched in Uzbekistan.

CIFAL (France) said it was ready to help Uzbekistan to develop its nuclear energy sector, Uzbekistan 24 reported. The company said it was ready to provide its know-how and experience in training of personnel in the field of nuclear energy.

Uzbekistan and Belarus is holding the sixth meeting of the Joint Intergovernmental Commission on Bilateral Cooperation on August 23-24, 2018.

The construction has been completed of a new cross-border link between the telecommunication networks of JSC Uzbektelecom and LLC ElKat (Kyrgyzstan) on the Kuvasai district (Fergana province) - Kyzyl-Kiya (Batken province) section . This link was accepted for commercial operation on August 16, 2018.

Uzbekistan Airways (NAC) will starting from October 28 launch the Tashkent to Jeddah twice a week passenger flights, the company said. This will the first ever direct regular flight that will connect Uzbekistan and Saudi Arabia.

Uzbekistan’s foreign trade turnover in January-July amounted to US$ 17.8 billion, of which exports - US$ 7.6 billion, imports - US$ 10.2 billion, recording trade deficit of US$ 2.5 billion, the Statistics Committee reported.

Bahrom Mansurov has become the deputy DG of UzAtom, the Agency for Nuclear Energy Development under the Cabinet of Ministers, the Ministry of Justice said. 

Starting from September 15, Uzbekistan Airways will launch once-a-week regular flights to Vladivostok from Tashkent, the company said.

In the first year-half, tax collections amounted to 24.2 trillion soums, a 43.1% increase to the same period last year, the Tax Committee report said.

Uzbekistan delegation led by the Minister of Foreign Trade Jamshid Khodjaev will be visiting Belarus from August 9-15, the Uzbek Foreign Ministry said.

With its moves in support of sustainable forest management in the country, Uzbekistan this week is taking another step towards achieving the Sustainable Development Goals.

GM Uzbekistan will start sales of the Chevrolet Tracker in September 2018, JSC Uzavtosanoat said a statement. President Shavkat Mirziyoyev in June 2017 familiarized himself with the new mini-crossover Chevrolet Tracker.

Uzbek Deputy PM/Chairman of JSC Uzbekneftegaz Alisher Sultanov met the President of Eastern Hemisphere at Halliburton Company - Mr. Joe Rainey, Uzbekneftegaz reported.

From August 7-9, Moscow will host the next meeting of working groups of Uzbekistan and Russia to prepare for the 19th meeting of the Intergovernmental Commission for Economic Cooperation.

Honeywell announced today that Jizzakh Petroleum JV LLC will use Honeywell UOP technologies to build a new refinery capable of processing 5 million tons per year of crude oil to produce clean-burning gasoline, diesel and jet fuel. The refinery is being built in the Jizzakh province of Eastern Uzbekistan.

JSC Uzbekneftegaz and Honeywell UOP (USA) reached an agreement on the use of UOP’s MTO (methanol to olefins) and Separex systems.

Uzbekistan and Spain are planning to hold the first meeting of the intergovernmental commission for economic and industrial cooperation in autumn, an official of the Committee for investments told The Tashkent Times.

This statement summarizes discussions between the authorities and an IMF staff team in Tashkent during July 17-26, 2018. The authorities have made further progress on their far-reaching reforms to tackle the country’s most pressing economic and social challenges.

Prices for GM Uzbekistan cars will increase from August 1 on average by 14%, Shavkat Umurzakov the chairman of UzAvtoSanoat at the International Press Club meeting while promising discounts and price cuts from that next.