The Korean company Land Master will build a golf club and modern guesthouses in Uzbekistan, the State Committee for Tourism Development of Uzbekistan announced. The announcement was made during the meeting between First Deputy Chairman of the State Committee for Tourism Development of Uzbekistan Ulugbek Kasimkhojayev and President of the Land Master Bae Sang-Ron. The…
The national air carrier Uzbekistan Airways will start regular flights on the Tashkent-Vladivostok-Tashkent route from September 15, the company announced. According to the information, the regular passenger flights between Tashkent and Vladivostok will be performed once a week. Uzbekistan Airways noted that only charter flights had been previously carried out in this direction. Flights will…
France abolished restrictions on supply of Uzbek melons and pomegranates, Foreign Trade Ministry of Uzbekistan stated after talks in Paris between the Agriculture Ministry of France and a delegation of Uzbekistan headed by Foreign Trade Minister Jamshid Khojayev. “Following the talks held in France in the Agriculture Ministry, phytosanitary restrictions on Uzbek melons and pomegranates…
Representatives of the Belarusian state light industry concern Bellegprom and the light industry association of Uzbekistan have discussed the establishment of joint ventures, according to the Bellegprom website. A Bellegprom delegation led by the concern’s Chairman Nikolai Yefimchik is in Uzbekistan on a visit. The delegation held negotiations with members of the Cabinet of Ministers…
A number of new routes between the cities of Uzbekistan and Tajikistan may be launched in the near future, Minister of transport of Tajikistan Khudoer Khudoerzoda declared. A regular bus service was opened between Khujand and Tashkent in mid-May. It was also planned to open new bus routes to other cities of Uzbekistan, but this…
From July 16 for technical reasons and unfavorable temperature the international Urgench airport is closed, the Uzbek national airline “Uzbek Airlines” reported. According to the information, flights to Urgench airport were transferred to the international airports of Nukus and Bukhara. The international airport Urgench is located in the same city, the center of Khorezm region,…
Uzbekistan intends to supply to China about 20,000 tons of high-quality cherries in the next season. The representative for the coordination of the export of agricultural products in the framework of cooperation of Uzbekistan-China Dilshod Mullabaev held talks with employees of the quarantine service and the General Administration of Customs Authorities about the results of…
Since June Uzbekistan has begun exporting fresh fruit to India. Uzbekistan will export sweet cherries and apricots to the markets of Delhi for the first time. Uzbekistan also plans to start exporting other types of fresh and dried fruit and vegetables to India in 2018. By July 8, Uzbekistan has exported sweet cherry worth over…
Uzbekistan intends to start construction of its nuclear power plant. Uzbekistan and Rosatom, Russia’s state corporation, reached an agreement to build a two-reactor nuclear power plant (NPP). It is expected to put it into commission in full by 2028. NPP construction will let the country save 3.7 billion cubic meters of natural gas a year.…
Uzbek joint-stock commercial bank Asia Alliance Bank together with Kazakhstan’s export insurance company KazakhExport and “Alfa Bank” JSC have successfully executed a deal for a total of $1.5 million. The main objectives of the bank’s foreign economic activity are to attract resources of the world financial institutions for financing the sectors of the economy of…
Uzbekistan ranked fourth among the exporters of cherry in the world, due to the active expansion of cherry fields in 2013-2017, the EastFruit company said in a message. In 2017 Uzbekistan exported about 32,000 tons of sweet cherries, up by 5,000 tons from the same indicator of Spain, according to EastFruit analysts. In 2018 the…
Bishkek and Tashkent agreed to continue the summer supply of electricity from Kyrgyzstan to Uzbekistan, Electric Stations JSC reported. According to its data, from June 8 until the end of August, Kyrgyzstan will sell electricity to its neighbors. It is planned to export 500 million kilowatt-hours at a price of 2 cents per kilowatt. Daily…
Uzbekistan exported sweet cherries worth more than $103.96 million starting from April 28 up to June 6, according to the Uzbekkozikovkatholding company. The deliveries of sweet cherry amounted to 24,575 tons, according to the company. In the reporting period cherry exports from Uzbekistan increased by 5,340 thousand tons or by $58.32 million YoY. During the…
Uzbekistan is ready to privatize its state airline, but intends keep full control of its gold mines and oil firm, Reuters reported citing one of the country’s top officials. Deputy Prime Minister Sukhrob Kholmuradov said that the country was soon going to announce a deal with the World Bank to help it with a broader…
Uzbekistan and Canada discussed promotion of cooperation in innovative development of real economy of the Central Asian state, the press service of the Ministry of Innovative Development of Uzbekistan reported on April 23. According to the statement, the discussion was held within the framework of the meeting between Deputy Minister Sherzod Shermatov and Minister-Counsellor, Senior…
The production of Hyundai trucks will be set up in Uzbekistan’s free economic zone “Kokand”. The project is worth at least $130 million. The initiative of the new production was set by the Korean companies Evergreen Motors and Posco Daewoo. The production of Hyundai trucks was previously discussed during the visit of the President Shavkat…
President of Uzbekistan Shavkat Mirziyoyev has reviewed the construction of the reservoir in the Zafarobod area as part of his trip to the Jizzakh region. The president stressed that the reservoir would provide 20,000 hectares of unused land with water, expand cultivated areas where it would be possible to grow crops and receive income. “We…
Uzbekistan will expand number of grape wine producers, variety wine materials and cognac alcohol in 2019, Uzbek President Shavkat Mirziyoyev ordered in his “On measures for substantial modernization of winemaking industry and realization of alcohol production” decree. According to the document, requirement of determining an expiration date for the wine production will be removed beginning…
Uzbekistan plans to increase exports of fruit and vegetables by 30% YoY, to 1.2 million tons in 2018, the holding company “Uzbekozikovkatholding” reported. The company plans to reach an indicator of 1.2 million tons worth $1 billion. In 2017 the volume of exports of fruit and vegetable products amounted to 918,080 tons or $665.9 million.…
Uzbekistan and Georgia have agreed on cooperation in the field of winemaking and viticulture. As part of the visit of Uzbek working group led by Deputy Minister of Foreign Trade Relations Sahib Saifnazarov to Tbilisi, the parties signed a memorandum, under which leading Georgian experts will visit Uzbekistan to study the raw materials base and…
Coca-Cola company in Uzbekistan decided to restore production of “FuseTea”, thus increasing production in the country. General director of Coca-Cola Bottlers Uzbekistan Ltd. (known as Coca-Cola Ichimligi Uzbekiston) Fahriddin Normatov said that the company planned to launch production of new types of products, including the FuseTea brand, this year. FruitTea has disappeared from the shelves…
Uzbekistan Airways, the flag carrier of Uzbekistan, has introduced the second frequency of direct flights on the route Tashkent – New York – Tashkent. The flights will be performed starting from April 5 according to the following schedule (local time): Thursday: HY 101 Tashkent 05:45 – New York 10:00 Thursday: HY 102 New York 12:45…
Tajikistan may resume supplies of electricity to Uzbekistan from. The total export of Tajik electricity to the neighboring country will amount to at least 1.5 billion kilowatt hours per year. To date, Dushanbe and Tashkent are discussing the terms of supply of Tajik electricity to the Uzbek market, including prices. The final decision on this…
Food production in Uzbekistan decreased by 6.7 % in 2017 and amounted to 23.1 trillion soums in value terms, the Uzbek Food Industry Holding reported. The food industry’s share in the total industrial production decreased from 20% in 2016 to 16% last year, the company said. At the same time, growth was observed in many…
Uzbekistan’s Agrobank will create an association of lemon producers in the Qashqadaryo region, the Ministry of Agriculture and Water Resources said in a message. Such a decision was voiced during the working visit of Uzbek President Shavkat Mirziyoyev to the region. In the region Mirziyoyev familiarized himself with an innovative project by Akbar Saidov, graduate…
Commercial banks of Uzbekistan in 2017 provided investment loans worth 16.1 trillion soums, up 1.3-fold YoY, the Central Bank of Uzbekistan said in a message. The Central Bank notes that when issuing investment loans, banks focused on ensuring timely and full financing of projects included in the State Investment Program for 2017, as well as…
Afghan President Mohammad Ashraf Ghani and Uzbek Deputy Prime Minister and Finance Minister Jamshid Kuchkarov discussed the construction of the Mazar-i-Sharif-Herat railway in Kabul. “The project has been evaluated,” Kuchkarov said. “Negotiations on project financing are currently underway with Uzbek commercial banks and the Asian Infrastructure Investment Bank.” The construction of the railway will be…