Uzbek and Turkish entrepreneurs inked 25 documents worth over $679 million, as they attended an Uzbek-Turkish business forum in Tashkent on June 28-29. The event was organized as part of Turkish delegation’s visit to Uzbekistan. The forum saw presentations by the heads of ministries and industry associations, which were focused on projects in the fields…
Turkey and Uzbekistan increased their trade volume by 83% YoY, to $1.3 billion in January-May despite the pandemic conditions, the Turkish vice president Fuat Oktay said on June 28 as he addressed the Uzbekistan-Turkey Business Forum in Tashkent. The event was organized by Turkey’s Foreign Economic Relations Board (DEIK) as part of the 6th Meeting…
Uzbekistan’s foreign trade during the first five months of 2021 expanded to $14.6 billion, or by 13.2% YoY. Exports of goods increased by 45.9%, while gold exports dipped by 27.2%. The export of services amounted to $5.7 billion. In the reporting period, the country imported $8.8 billion worth of goods, up by $1 billion YoY.…
Prime Minister of Uzbekistan, Abdulla Aripov proposed to increase the number of regular flights to Russia to 14 per week, as he attended the second meeting of the commission at the level of the heads of government in Moscow. “We also consider it expedient to gradually resume passenger railway communication between our countries in the…
The World Bank’s Board of Executive Directors has approved the Tax Administration Reform Project in Uzbekistan, which is designed to improve the operational efficiency and effectiveness of the State Tax Committee and deliver better services to local taxpayers. The project is to be supported by a $60-million concessional credit from the International Development Association, with…
The regions of Uzbekistan and Tatarstan held a business forum in Tashkent. The event saw Deputy Prime Minister-Minister of Investment and Foreign Trade of Uzbekistan Sardor Umurzakov, President of the Republic of Tatarstan Rustam Minnikhanov, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Uzbekistan Oleg Malginov and mayor of the Tashkent…
Uzbekistan’s eastern Ferghana region has delivered $246,000 worth of cherries to South Korea. The cargo weighing 52,236 kg took off from Ferghana International Airport to Incheon on June 15. Uzbekistan’s Transport Ministry said that the Ferghana airport had special storage rooms and special vehicles for storing and loading/unloading perishable products, which allowed retaining high quality…