President Shavkat Mirziyoev during his trip to Surkhandarya region reviewed the activities of the agricultural firm Agro Fresh Gold in the Termez district. Surkhandarya farmers are making a worthwhile contribution to the welfare of the people, prosperity and abundance in the markets of the country all year round. 7% of cultivation lands of the country…
In his recent resolution, President Shavkat Mirziyoyev approved of the feasibility report of ‘Construction of Tashkent Airport New International Passenger Terminal (Tashkent 4),’ an investment project. Uzbekistan Airways is constructing the terminal under the Engineering, Communication and Road Transport Development and Modernization Program for 2015-2019. The project is exemplary of bilateral relations between Uzbekistan and…
The total volume of investments of Uzbek insurers amounted to 867.547 billion soums in 2016, up by 19.3% YoY, the country’s Finance Ministry reported. According to the ministry, a major part of the investments (86.3%) accounted for banking deposits and securities. The amount of deposits increased by 15.7%, to 390.1 billion soums, investments in securities…
The European Bank for Reconstruction and Development (EBRD) aims at long-term cooperation with Uzbekistan, Natalia Khanjenkova, managing director for Central Asia and Russia at the EBRD, said. It was previously reported that an EBRD delegation headed by Khanjenkova arrived in Tashkent on February 7, to discuss cooperation prospects. “On the basis of consultations with the…
Syrdarya region is implementing a project for the production of particle boards from cotton stalks. The decision was approved by the decree of the government of Uzbekistan “On introducing amendments and additions to the Decree of the Cabinet of Ministers of September 22, 2016 No. 319 “On measures for creation a modern production of particle…
President Shavkat Mirziyoyev signed the Resolution “On Additional Measures for Improvement of Wage, Pensions, Welfare Benefits and Stipend Payment Mechanisms.” The resolution outlines unprecedented steps to secure the rights and interests of pensioners, students and other socially vulnerable groups, who will now have fewer hurdles in paying for goods and services across Uzbekistan. The resolution…
According to the Ministry of economy of Uzbekistan, cotton fiber processing volume reached 40% in 2016, while in 1991 it was 7% only. Today the industry exports textile products to more than 50 countries. In recent years the export has been expanded to Brazil, Chile, Croatia, Nigeria and other countries. The Presidential Decree dated December…