Sunday, 22, December, 2024

Economy

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.

Made in Belarus exhibition will take place in Tashkent from September 14-19, 2018, featuring products by over 100 flagship enterprises: BELAZ, MTZ, Belshina, Belorusskaya Lesnaya Kompaniya, Berezastroimaterialy, Adani, BelOMO, Conte SPA, Kommunarka, Babushkina Krynka, Belryba and others, Belinterexpo reported.

Uzbekistan in the first year-half exported US$ 1.1 billion worth natural gas. Among other exported resources - electricity (US$ 106 million) and uranium (US$ 98.9 million).

Deputy Minister of Foreign Trade Sahib Saifnazarov met with the Belarussian Ambassador to Uzbekistan Leonid Marinich and the DG of the Managing Company of BelPharmProm Holding Valery Shevchuk Wednesday, the Ministry of Foreign Trade said in a statement.

The 7th meeting of the Uzbek-French Intergovernmental Commission for Trade and Economic Cooperation was held at the Ministry of Foreign Affairs of France, which was attended by over 50 government officials, business executives and experts from both sides, Dunyo reported.

Uzbekistan jumped 19 places from 118th in 2016 to 99th in the 2018 edition of the World Bank's Logistics Performance Index (LPI) published every two years.

IFG Capital Partners has signed an agreement with the State Committee of the Republic of Uzbekistan on Geology and Mineral Resources (Committee for Geology) to conduct a feasibility study on the Yakhton tungsten deposit development in Samarkand region of Uzbekistan.

The seventh meeting of the Uzbek-Vietnamese intergovernmental commission for trade, economic, scientific and technical cooperation was held in Tashkent Monday, the Uzbek foreign trade ministry said.

Uzbekistan and Afghanistan are planning to sign an agreement on free trade. "The parties are currently drafting the deal, which provides for the exemption from customs duties of Afghan goods, as well as pre-emption of other trade restrictions," an official of the Ministry of Foreign Trade told The Tashkent Times.

“More foreign airlines will be flying to Uzbekistan, which will lessen the load on Uzbekistan Airways and increase the tourists’ inflow”, Frist Deputy PM Achilbay Ramatov said at the opening of the renovated terminal at Nukus airport. The Nukus airport now has the pre-flight control, with increased number of check-in counters and passenger throughput reaching 400 people per hour.

NeftegazGazQazibChiqarish, the subsidiary of UzbekNeftegaz, has commissioned the new Sharqiy Suzma field and launched the new gas pipeline.

Afghanistan's power grid will be connected to the unified energy system of Uzbekistan and the Central Asia. This was stated during the conference: Realities and Proxpects of the Electricity Sector Reforms– Experience Gained, Lessons Learned and Myths Debunked, co-organized by Uzbekenergo and the Asian Development Bank back in June.

President Shavkat Mirziyoyev held a government meeting yesterday devoted to the launching of Uzbekistan’s nuclear power program, the presidential press service reported.

Inauguration ceremony of the Swiss high-tech Metal Processing LLC plant will be held in Tashkent on July 12, UzTekstilSanoat (trransl. Uz Textile Industry) reported.