Economy

Head of the Energy Charter Secretariat: During the construction of a new TPP in Surkhandarya region, the latest equipment will be used

The Embassy of Uzbekistan in the Benelux countries organized a presentation at the Brussels Press Club on the topic "Promoting innovative European investments in Uzbekistan as a tool to stimulate economic growth and create new jobs", dedicated to the implementation of the 1.55 GW in the Surkhandarya region.

Uzbekistan and France work to expand multifaceted partnership

Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov held a meeting with Charge d’Affaires of the French Republic in the Republic of Uzbekistan Brice Roquefeuil.

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Uzbek Finance Minister holds online meeting with EBRD officials

07/05/2021Read more

Zamin Foundation presents a new large-scale project Zamin Eco-Education

07/05/2021Read more

General Prosecutor’s Office hosts meeting with the representative of the US Embassy in Tashkent

07/05/2021Read more

Industrial cooperation agreement comes into force for Uzbekistan

On 8 May 2021, the Agreement on cooperation in the field of industry and the establishment of the Council for Industrial Policy of the CIS member states comes into force for the Republic of Uzbekistan.

Korean corporation to implement agricultural projects in Uzbekistan

A delegation of the Korean Rural Development Corporation (KRDC) headed by Deputy Director Mr. Lee Sang Bong visited the Republic of Uzbekistan from 21 April to 6 May 2021. Within the framework of negotiations, which took place at the Ministry of Agriculture of the Republic of Uzbekistan, agreements were reached on attracting grant funds from the Korean government in the amount of 4.5 billion Korean won (4 million dollars).

Entrepreneurs in regions receive equipment to launch and expand their entrepreneurial initiatives

On 28-29 April, within the framework of a joint project of the Ministry of Employment and Labor Relations of the Republic of Uzbekistan and the UN Development Program "Promotion of youth employment in Uzbekistan", a ceremony was held to transfer equipment to representatives of small and medium-sized businesses to launch new and expanding existing business projects in Surkhandarya, Kashkadarya region.

The regional national stage of the "Entrepreneurship World Cup-2021" competition starts

In cooperation with the Indian Foundation “The Global Educational & Leadership Foundation”, registration for the national stage of the “Entrepreneurship World Cup-2021” competition is being held in Uzbekistan.

New wells commissioned in Uzbekistan

As part of the implementation of the "Program of measures to increase hydrocarbon production for 2017-2021", Uzbekneftegaz jointly with ERIELL Group put into commercial operation 7 new wells in Kashkadarya and Bukhara regions, as well as in the Republic of Karakalpakstan.

Minister of Agriculture holds a series of negotiations in the Kingdom of Saudi Arabia

As part of the participation of the Uzbek delegation at the regular meeting of the Intergovernmental Commission with the Kingdom of Saudi Arabia, the Minister of Agriculture Jamshid Khojayev met separately with the Minister of Environment, Water Resources and Agriculture Abdulrahman al-Fadli, as well as with representatives of one from the largest financial institutions of Saudi Arabia, the Agricultural Development Fund and other Saudi investment companies in the agriculture and food industry, incl. Salik, Savola, Almarai, Al-Rajhi International, Tamimi Group, Herfay, Al Mehbazh, Sabik and Al-Balik.

Fitch Assigns JSC UzAuto Motors’ Notes Final ‘B+’ Rating

Fitch Ratings has assigned JSC UzAuto Motors’ (UAM; B+/Stable) USD300 million senior unsecured Eurobond due 2026 a final senior unsecured ‘B+’ rating. The Recovery Rating is ‘RR4’/50%.

USAID facilitates trade between Pakistan and Central Asia

The United States Agency for International Development (USAID), in collaboration with TCS Logistics (Pakistan), successfully launched the first pilot shipment to Central Asia under the Transports Internationaux Routiers (TIR) Convention, a customs agreement that facilitates the international transport of goods.

Currency rates from 06/05/2021

$ 1 10501.22 -0.026%
€ 1 12605.66 -0.154%
₽ 1 140.49 +0.429%
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