Uzbekistan plans to start a large-scale liberalization of its exchange rate policy in 2017 in accordance with the draft decree of the Uzbek president. The draft decree was developed by the Central Bank and was promulgated for discussion on the Uzbek single portal of interactive state services. One of the main lines of the new…
The Asian Development Bank (ADB) has approved of a $154 million loan to enhance horticulture value chain development in all 12 regions of Uzbekistan and the autonomous region of Republic of Karakalpakstan. “ADB’s support will help increase access to long-term financing for horticulture farmers and enterprises along the horticulture value chain”, Bui Minh Giap, senior…
The Uzbek Acting President Shavkat Mirziyoyev and Turkey’s President Recep Tayyip Erdogan discussed the development of a “roadmap” for expanding the Turkey-Uzbekistan cooperation during the talks in Samarkand on November 18. The two leaders discussed the prospects of the Uzbekistan-Turkey cooperation development and exchanged views on the important regional and international issues. Shavkat Mirziyoyev and…
Russia’s oil company LUKOIL attracted a straight loan of $500 million from a consortium of banks in order to finance the project on development of the Gissar gas and condensate fields in Uzbekistan, LUKOIL said in a message. The consortium includes Intesa Sanpaolo Bank Luxembourg S.A. (Luxembourg), Natixis (France), Mizuho Bank Ltd. (Japan), UniCredit S.p.A.…
Uzbekistan will export 1 million tons of fruit and vegetables by late 2016, Ulugbek Rozukulov, Uzbek deputy prime minister, said at the first International Fruit and Vegetable Fair in Tashkent. “Uzbekistan exported around 700,000 tons of agricultural products in 10 months of 2016 and this figure will reach one million tons by late 2016”, Rozukulov…
Turkmenistan’s President Gurbanguly Berdimuhamedov has discussed topical issues of cooperation at the meeting with Uzbekistan’s Deputy Prime Minister Ulugbek Rozukulov. “Uzbekistan attaches great importance to the development of a full-scale dialogue with Turkmenistan, which, based on the mutual goodwill of the parties, is getting filled with new specific content year by year”, a high-ranking representative…
“Uzbekistan Railways” JSC held a press conference dedicated to the results of socio-economic activity of the company for 9 months of 2016 and future plans. The representatives of the managing staff of the company, organizations and enterprises of the industry, heads of relevant departments, as well as media representatives attended the event. As was emphasized…