Tajikistan plans to buy 250 million cubic meters of natural gas from Uzbekistan in 2021, Tajiktransgas Vice Chairman Shavkat Shoimov has announced. “The agreement on delivery of 250 million cubic meters of gas was concluded between Tajiktransgas and Uztransgas,” he said. This is 11% more than the volume of gas imported last year. Tajikistan increased…
Uzbekistan forbade importing certain goods to the country. The list includes 529 items of foreign goods and services, which are manufactured by two or more national producers. The move aims at supporting domestic producers and expanding their participation in the public procurement system. The list includes: – Food products – chocolate, waffles, cookies, sunflower oil,…
The Export-Import Bank of Korea has signed a $160-million loan agreement with Uzbekistan’s Ministry of finance. Funds are expected to be channeled through the Economic Development Cooperation Fund Program of the Korean government. Some $120 million of the amount will be used to build Tashkent General Hospital, with the remaining part to be spent on…
Uzbekistan declared 2021 the year of youth support and public health promotion. It is with this purpose President Shavkat Mirziyoyev gathered officials for a regular meeting on January 27. The official unemployment rate among youth aged 18 to 30 is 17%. 26,000 young people do not have a job in Tashkent alone. At the same…
One of the oldest financial institutions in Uzbekistan, Uzpromstroybank saw its assets increased to $4.7 billion in 2020, its board said. Credit portfolio in the reporting period soared to $3.8 billion, the volume of deposits to $1.1 billion and total capital to $642 million. Last year, the bank financed a total of 978 projects. These…
Starting from February, the Central Bank of Uzbekistan will daily update the currency rate based on average prices on the stock exchange. According to Deputy Chairman of the Central Bank Behzod Khamroev, currency exchanges will work daily from 10:00 to 15:00 (GMT+5). At the end of the working day, the Central Bank will update exchange…
Uzbekistan and Belgium noted the role of further building up and deepening inter-parliamentary ties in increasing bilateral cooperation on a wide range of issues of mutual interest, the press service of Legislative Chamber Oliy Majlis (parliament) of Uzbekistan reported. The first online meeting of the Interparliamentary Friendship Group of the Legislative Chamber of the Oliy…