On July 19, the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan hosted a meeting with the newly appointed Ambassador Extraordinary and Plenipotentiary of Republic of Korea to Uzbekistan Kwon Yong Woo. During the meeting, the sides discussed current status and prospects of bilateral trade-economic, investment, financial and technical cooperation. Particular attention was…
Uzpromstroybank (Uzbek Industrial and Construction Bank) has issued a loan for 571.2 billion soums to small businesses and private entrepreneurships in the first half of 2016. According to the press service of the bank, businesswomen received loans for 45.2 billion soums in the reporting period. Uzpromstroybank said that it issued loans for 99.2 billion soums…
Uzbekistan Temir Yollari is completing works on reconstruction of Nukus railway station, the company said in a statement. The company said that painters and craftsmen were completing constructions works at the station. New station will have all necessary conditions for passengers. Ticket office, room for children and kitchen were constructed. The station is equipped with…
Uzbekistan signed about 270 agreement to export fruit and vegetables valued at over $2 billion during the First International Fruit and Vegetable Fair, held in Tashkent from 12 to 16 July. The agreements to export fruit and vegetable were signed with representatives of over 30 countries, including Russia, USA, China, Great Britain, Germany, UAE, Japan,…
Uzbekistan sold some 305 state assets valued at 116 billion soums and $1.1 million to private sector in the first half of 2016. The investors also undertook obligation to invest 267.5 billion and $150,000, as well as create over 5,600 new jobs, State Competition Committee said. During the reporting period, investment obligations on 42 agreements…
Xinjiang Silu Changlong Investment Co., Ltd (China) is planning to create a food transport-logistic center in Bukhara region of Uzbekistan. Currently, the Chinese company is developing the project in cooperation with the Ministry of Economy of Uzbekistan. Within the project, it is planned to create a modern logistics center, two plants for processing of fruits…
The Board of the Central Bank of Uzbekistan kept the refinancing rate at the level of 9% APR. The regulator said that the Board of the Central Bank adopted the decision on keeping the refinancing rate at 9% APR. The Central Bank said that the decision was adopted based on tasks, determined in main direction…