Uzbekistan and Kazakhstan are planning to increase the volume of mutual trade to $4 billion. Nowadays, Kazakhstan and Uzbekistan carry out joint projects and cooperation programs in such areas as mechanical engineering, electrical engineering, food industry, tourism, transport and logistics. Recently, the volume of trade between the two countries has grown at a high rate.…
The Uzbek flag carrier will soon connect the capital cities of Uzbekistan and Georgia with new seasonal flights. Uzbekistan Airways will start operating flights on the route Tashkent-Tbilisi from July 16. During the summer season flights will be performed twice a week on Tuesdays and Sundays by an Airbus 320 type aircraft. Uzbekistan Airways was…
Enterprises of Uzkimyosanoat JSC manufactured marketable products in the amount of 1.636.8 trillion soums ($193.736 million) in January-March, up by 20.6% YoY. Chemical enterprises produced 334,960 tons of mineral fertilizers, including 252,170 tons of nitrogen fertilizers, 37,770 tons of phosphate fertilizers and 45,020 of tons potash fertilizers. During the reporting period, 1,276.5 million tons of…
Uzbekistan’s expenditures on the import of weapons and ammunition, their parts and accessories in 2018 amounted to $700,000, the Central Bank reported. In 2016-2017, $300,000 was spent for these purposes. Thus, over the past year, spending on armaments has more than doubled. Data on the import of weapons and ammunition are disclosed by the Central…
Uzbekistan Railways is implementing a new project to modernize the Andijan-Sawai-Khanabad railway and organize passenger intercity train traffic there. The project provides for the modernization of the railway section with a length of over 50 kilometers, as well as straightening parts of the track, reconstruction of artificial structures, modernization of alarm systems and telecommunications, construction…
Nine commercial banks of Uzbekistan have been suspended from participation in currency trading “due to systematic violations related to transactions on the currency exchange”, the Central Bank of Uzbekistan reported. Hamkorbank, Turkiston Bank, HayTek Bank, Universal Bank, Invest Finance Bank, Ipak Yuli Bank, Savdogarbank, Trust Bank and Asia Alliance Bank were among those removed. “Measures…
The state policy of Uzbekistan is aimed at the development of tourism so that this area in the future should become one of the drivers for the accelerated integrated development of the regions and their infrastructure. Tourism development should contribute to the solution of such major social and economic tasks as the creation of hundreds…