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…
Uzbekistan, Kyrgyzstan and China will hold a tripartite meeting on the implementation of the agreement on the international road transport, the Uzbek Foreign Ministry reported. The meeting will be held in Tashkent on January 24-25. Before the trilateral meeting, a bilateral Uzbek-Kyrgyz and Uzbek-Chinese meetings on international road transport issues will be held. Delegations of…
The average and maximum rates on incomes of individuals have been reduced in Uzbekistan since January 1, while the amount of contribution to individual accumulative pension accounts has been increased, and property tax will be calculated based on the cadastral value of real estate. This is stated in the presidential decree, which approved the main…
President of Uzbekistan Shavkat Mirziyoyev has instructed to develop chemical industry and increase the domestic production of fertilizers, the press service of the president reported. The decisions were made at a meeting held to discuss current financial and economic situation of chemical industry enterprises and development of the industry. Uzbekistan adopted a program for development…
The trade turnover between Russia and Uzbekistan from January to October amounted to $28 billion, Ambassador of the Russian Federation to Uzbekistan Vladimir Tyurdenev said during the conference dedicated to the results of the year. The trade turnover increased by 25% YoY. In physical terms, the volume of trade increased by 6.3% – from 3.6…