Special economic zones will be established in Uzbekistan, Chairman of Uzbek Chamber of Commerce and Industry Alisher Shaikhov informed. “Of course, we see that there are conditions. 170 agreements signed between our states are a very serious legislative basis to develop cooperation between the two countries. Here we have great opportunities in terms of diversification…
Increasing the level of localization of finished products plays an important role in further dynamic and sustainable development of the economy, reducing its dependence on external factors, accelerating the introduction of new efficient technologies in production processes. That is why localization is one of the main directions of industrial development in Uzbekistan, which ensures wide…
President Shavkat Mirziyoyev signed a decree “On measures for further simplification of the system of micro-lending to businesses and the wider population”, aimed at ensuring broad access to preferential micro-loans. The decree provides for the introduction of a simplified mechanism for granting micro-loans to newly registered individual entrepreneurs (IE) and family business entities (FBE) without…
Tajikistan has expressed gratitude to Uzbekistan for humanitarian aid sent to disaster-affected people. According to the Uzbek MFA’s official website, the Uzbek Embassy in Dushanbe has received the letter of thanks from the Committee on Emergency Situations and Civil Defense under the government of Tajikistan for humanitarian aid sent by the Uzbek authorities to Tajikistan…
The State Competition Committee received the World Bank mission in Uzbekistan to discuss small business support through the Small Business Development Guarantee Fund. Held under the World Bank’s Modern Economy-backed Job Expansion and Skill Development Project, the meeting reviewed small businesses’ efficiency and praised the setting up of the Guarantee Fund. Specialists said they were…
Labor minister A. Abduhakimov received the World Bank mission, led by Afrah al-Ahmadi, senior specialist on private sector Christopher David Miller, senior economists of the World Bank Mohamed Ihsan Ajwad and Oleksiy Sluchinskiy. The purpose of the meeting was extensive consultation on the concept, scope and content of the components of the project initiated by…
The Ministry of economy of the Republic of Uzbekistan held a meeting with the President of the European Bank for reconstruction and development Suma Chakrabarti. EBRD delegation was informed in detail about the achievements of the socio-economic development of the country in recent years, in particular about large-scale economic reforms aimed at further structural transformation…