The sub-surface metro circle line being built in Uzbekistan’s Tashkent will have a total length of 52.1 kilometers, the press service of the country’s President Shavkat Mirziyoyev said in a message. Mirziyoyev reviewed the progress of the metro line’s construction, being at the initial stage, according to the message. It was decided to lay 50.5…
Turkish Airlines will start performing regular flights en route Istanbul-Samarkand from March 16, 2018. This was stated by Turkish President Recep Tayyip Erdogan at a joint press conference with his Uzbek counterpart Shavkat Mirziyoyev. The opening of the new flight will further bring the fraternal peoples of the two countries closer, according to the Turkish…
Over the next 3 years around 20 hotels will be built in Khiva, one of the most famous historical cities of Uzbekistan, Uzbek President Shavkat Mirziyoyev said during his trip to the country’s Khorezm region. The president reviewed the construction of Farovon three-story hotel in Khiva. The hotel is being built in the national architectural…
Honey, a healthy foodstuff, which improves human nutrition and boosts immunity, has long tradition as a food source in Uzbekistan. Currently, beekeeping continues to develop dynamically in the country. Special attention paid to the development of beekeeping and saturation of the domestic market with affordable and high-quality products had a positive impact on the expansion…
Minimum authorized capital for each newly established commercial bank in Uzbekistan will be 100 billion soums starting from October 1. According to the decree of the country’s President Shavkat Mirziyoyev “On measures to further develop and improve stability of Uzbek banking system”, the banks operating in Uzbekistan must bring their authorized capital, if necessary, to…
The amount of currency purchased by Uzbekistan’s banks since the introduction of free currency conversion on September 5 exceeded $300 million, according to the country’s Central Bank. Of the total amount of the purchased currency, more than $200 million was sold to the population via currency exchange offices and $100 million was received from exporters.…
The construction of an important part of the trans-Caspian trade road Baku – Tbilisi – Kars railway is nearing completion. Countries of the region and beyond are highly interested in prospects for the launch of a trade cooperation that will be stimulated by this project. One of these countries is Uzbekistan, which is expected to…