Uzbekistan: minimum wage to go up

The President of the Republic of Uzbekistan signed a decree to increase the wage of employees of budgetary institutions and organizations, pensions, stipends and grants on average 1.15 times (15%). The document comes into effect on October 1. According to the decree, the minimum wage rate on the territory of the Republic of Uzbekistan will…

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Kyrgyzstan: investments in 2017 to go up

Kyrgyzstan expects increase in investments in 2017, Deputy Prime Minister of Kyrgyzstan Oleg Pankratov announced. According to him, countries of EEU remain the main market outlet for Kyrgyzstan. Meanwhile, the Eurasian Economic Union makes republic attractive for investors. “We have open market of 180 million people in front of us. Of course, there was no…

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Uzbekistan: Uzbekcharmpoyabzali to produce 8.7 million pairs of shoes in 2016

The main objectives of the Association “Uzbekcharmpoyabzali” are to coordinate the activities of the industry via storing up and processing the raw leather, produce competitive leather products, shoes and leather goods, as well as introduce advanced technologies, modernize and technically re-equip the industry. Today the Association unites over 80 enterprises. The main directions of further…

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