On August 11, Ambassador Extraordinary and Plenipotentiary of France to the Republic of Uzbekistan Jacques-Henri Heuls paid a visit to the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan. During the meeting the parties discussed current issues and prospects of bilateral trade-economic and investment cooperation between two countries. Furthermore the outcomes of the…
The Minister of Transport Sherali Ganjalzoda held a working meeting to discuss the progress of implementation of the national investment transportation development projects. According to the Ministry of Transport press center, the minister expressed dissatisfaction with the slow pace of implementation of the projects. The minister reportedly ordered contractors and consultants to remove exiting shortcomings…
Azerbaijan’s GDP amounted to almost 32.12 billion manats in January-July 2016, down by 3% YoY, according to a report of the State Statistics Committee. The report says that the main reason of the Azerbaijani economy’s reduction is the 30.7% decline in volumes of production and services in the construction sector. Over the seven months of…
Tajik private airline, Somon Air, announces the launch of new air routes to the Russian Federation. Somon Air has launched air routes from Dushanbe to Novosibirsk and Sochi. Somon Air will fly to Novosibirsk once a week, on Wednesday. Flights to Sochi will also be operated once a week, on Thursdays. The first flight to…
Measures undertaken in the country to strengthen the financial stability of commercial banks have a positive effect on their assessment by international rating agencies in terms of creditworthiness. In particular, the implementation of effective banking supervision on the basis of international standards, constant monitoring of quality of assets and liquidity of banks have allowed domestic…
Joint Stock Commercial Bank “Qishloq Qurilish Bank” is actively working to attract free money resources of the population to deposits. On the eve of the 25th anniversary of the state independence of the Republic of Uzbekistan, the bank has developed two new attractive deposits – “Mustaqil yurtim” in the national currency and “Comfort” in foreign.…
Turkmenistan attaches great importance to the creation of joint-stock companies as part of the comprehensive measures carried out in the country for transition to the market economy. A total of 242 joint-stock companies were registered in the country as of January 1, up by 17 companies compared with 2014, according to the statistical reports. Only…