Monday, 23, December, 2024
Monday, 23, December, 2024
On December 3, a government delegation led by the Minister of Investment and Foreign Trade Sardor Umurzakov hosted a Japanese delegation including the Senior Vice President and Executive Director at Mitsubishi Corporation, Kenji Ota, the Senior Vice President at Mitsubishi Heavy Industries, Kenji Terasawa and Senior Managing Executive Officer at Sumitomo Corporation, Tsutomu Akimoto.
It is planned to increase cotton harvesting by machines to 50% from the total in 2020 in Tashkent, Syrdarya, Jizzakh and Kashkadarya provinces, and by 80% later on, said Nodir Otajonov, adviser to the Prime Minister/Chairman of Uzagrotechsanoatholding.
The joint venture Nurlikum Mining, set up by the French company Orano Mining and the State Committee on Geology and Mineral Resources (GeolCom) of Uzbekistan, will have the annual capacity to produce 1,500 tons of concentrated uranium oxide (U3O8), GeolCom said on Wednesday.
Uzkimyosanoat and the Russian Tatneft signed an agreement on creation of a joint venture at the First Mechanical Rubber Plant (FMRP) in Angren.
UzAutoTrailer and the Russian KAMAZ officially launched the new assembly line in Samarkand. The ceremony was held as part of the working visit of the President of Tatarstan, Rustam Minnikhanov.
The State Tourism Development Committee hosted a meeting with executives of the German Society for International Cooperation (GIZ) in Uzbekistan and experts of Mas Contour (Germany).
At the end of last week, executives of Roca Group, the Spanish sanitary ware manufacturer, visited Bekabad city in Tashkent province.
Uzbekneftegaz and the Azerbaijani state oil company SOCAR are planning to set up a trader JV to supply hydrocarbons from Uzbekistan to Europe, Uzbekneftegaz said.
An interim session of the Foreign Investors Council under the President of Uzbekistan took place on November 20 in Tashkent. The session was organized by the Ministry of Investment and Foreign Trade (MIFT) together with the European Bank for Reconstruction and Development (EBRD), the press service of the MIFT said.
In January-October, Uzbekistan exported US$ 4.04 billion worth of gold, 2.6 times increase compared to 2018, the State Statistics Committee said. While, the gold’s share in Uzbekistan’s exports was at 27.3%.
Passenger cars production in Uzbekistan reached 218,912 thousand in January-October, an increase by 41.8 % compared to 2018, the State Statistics Committee said.
Uzbekistan is on a roll with its economic reforms. This year alone, the country has issued a wildly successful debut Eurobond, kicked off an ambitious privatisation program, lifted restrictions on repatriation of corporate profits and floated its currency, thus eliminating a troublesome dual exchange rate system.
Total trade value of Uzbekistan in January-October 2019 topped US$ 34.7 billion, a US$ 8.8 billion increase, or by 34.4 % compared to the last year, the State Statistics Committee said in a report.
The Phase II of the of KamAZ trucks production in Uzbekistan is scheduled to be launched on November 25-26. A delegation from Tatarstan will soon travel to Uzbekistan, Farid Nasriev, Consul General of Uzbekistan in Kazan said.
The Senate Deputy chair Sodiq Safoev hosted the delegations of the US Securities and Exchange Commission and Commodity Futures Trading Commission, the Senate said.
The Director of the for State Assets Management Agency, Sunatilla Bekenov hosted a delegation of Sumitomo Corporation headed by the Deputy Director of the Japan Civil Aviation Bureau.
Ministers from the 11 members of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new long-term strategy to improve energy security, increase investment, and improve the sustainability of energy systems in the region, setting it on a path toward achieving a secure energy future.
O'zlitineftgaz and Schlumberger Oilfield Eastern Limited have signed a Confidentiality Agreement and a Memorandum of Understanding (MoU), Uzbekneftegaz said.
The Office of the United States Trade Representative announced today that USTR is closing the GSP IP eligibility review of Uzbekistan opened in 1999, following Uzbekistan’s accession to the Geneva Phonograms Convention, the World Intellectual Property Organization (WIPO) Copyright Treaty, and the WIPO Performances and Phonograms Treaty. The GSP worker rights eligibility review of Uzbekistan will remain open.
The UAE company Masdar will invest up to US$ 100 million for the first photovoltaic plant project with 100 MW capacity in the Navoi province of Uzbekistan, the Ministry of Investment and Foreign Trade (MIFT) said.