Uzbekistan Airways is planning to launch charter flights to Burgas and Barcelona this summer. Charter flights aim at popularizing and realizing Uzbekistan’s tourism potential on Bulgaria and Spain’s markets. Recent charters to Bulgaria in summer 2016 and the Maldives in winter 2016-2017 have brought more foreign tourists to Uzbekistan and showed that Uzbek citizens were…
The February 10 Presidential Resolution established the Small Business Development Guarantee Fund, a joint-stock company with offices across the regions. The document aims at supporting small business by opening access to commercial banks’ credits. The funds will help procure equipment, expand product range, and promote small businesses’ role in the socio-economic development. The fund’s authorized…
Uzbekistan has established a Guarantee Fund for small business development. The President of the Republic of Uzbekistan signed the corresponding decree on February 10. The State Committee of the Republic of Uzbekistan for privatization, demonopolization and development of competition acts as the main founder of the fund, while the Association of Banks of Uzbekistan, Chamber…
The Republican Commission has made a decision to approve of ceiling fixed contract, wholesale and retail prices, as well as the volume of deliveries of imported drugs and medical products. The decision has been taken in accordance with the decree of the President of the Republic of Uzbekistan dated October 31, 2016 “On measures for…
The Ministry of foreign economic relations, investments and trade held a meeting with representatives of the delegation of the Korean Federation of textile industries (KOFOTI) and the Korean Institute of Industrial Technology (KITECH). During the meeting, detailed information about the benefits and preferences created for foreign investors, particularly in the textile sector, as well as…
The Russian delegation headed by Deputy Chairman of Russian Government Dmitry Kozak attended the eighteenth meeting of the intergovernmental commission on economic cooperation between the two countries in Tashkent. During the meeting the parties exchanged information and discussed issues of implementation of Protocol decisions of the seventeenth IGC meeting, which took place on March 25,…
The head of the state Shavkat Mirziyoev reviewed the projects on organization of production of textile products at LLC Janub textiles, Uzbek-English joint venture Amudar Tex in Termez and LLC Sherobod textile invest in Sherabad district. The demand for “Made in Uzbekistan” textile products is growing all over the world. The climatic conditions of the…