The Free Economic Zone “Jizakh” held the ceremony of laying a capsule in the foundation of a new production complex of JV “Uzbekistan Peugeot Citroen Automotive”. A modern industrial complex designed to produce 16 thousand cars per annum is set to be built in the framework of the project on a land plot of 45…
Tashkent does not oppose the construction of the Roghun hydroelectric power plant (HPP), but national interests of Uzbekistan should be taken into consideration, Uzbek Foreign Minister Abdulaziz Kamilov noted during the direct dialogue while answering a question from resident of the Trans-Aral region during a live line in the International Press Club broadcast by O’zbekiston…
Presidents of Uzbekistan and Turkmenistan, Shavkat Mirziyoyev and Gurbanguly Berdimuhamedov held a telephone conversation to review prospects to deepen the ties. Both sides noted with satisfaction the intensification of contacts at all levels, as well as actively implemented joint projects in trade and economic, transport-communication, energy, cultural and humanitarian and other spheres. A number of…
Uzbekistan will increase the supply of gas condensate from Turkmenistan to load the Bukhara oil refinery, Turkmenneft state concern reported citing Uzbekneftegaz National Holding Company. A number of documents on cooperation in the economic and energy spheres, including an agreement between Uzbekneftegaz and Turkmennebit (Turkmenneft) were signed during the visit of Uzbekistan’s President Shavkat Mirziyoyev…
The Board of the Central Bank of Uzbekistan has decided to raise the refinancing rate to 14% from 9%, the press service of the bank said in a message. “This decision was made due to the acceleration of inflation for the past period and the need to limit the increased inflationary risks,” the message said.…
The trade turnover between Uzbekistan and Tajikistan has increased greatly in the past two years. This was announced at an intergovernmental meeting in Dushanbe on June 21, headed by Tajik First Deputy Prime Minister Davlatali Said and Uzbek Deputy Prime Minister Ulugbek Rosikulov. In 2016, the trade turnover between the two countries hit $69 million,…
An extensive work has been carried out in Uzbekistan in recent years to improve the energy efficiency in sectors of the economy and the social sphere, as well as expand the use of renewable energy sources. In particular, pursuant to the Decree of the President dated March 1, 2013 “On measures for further development of…