Special economic zones will be established in Uzbekistan, Chairman of Uzbek Chamber of Commerce and Industry Alisher Shaikhov informed. “Of course, we see that there are conditions. 170 agreements signed between our states are a very serious legislative basis to develop cooperation between the two countries. Here we have great opportunities in terms of diversification…
Increasing the level of localization of finished products plays an important role in further dynamic and sustainable development of the economy, reducing its dependence on external factors, accelerating the introduction of new efficient technologies in production processes. That is why localization is one of the main directions of industrial development in Uzbekistan, which ensures wide…
Members of the interdepartmental commission in a month should find out the reasons for the loss and low profitability of state-owned enterprises, Vice Prime Minister Zhenish Razakov said at a meeting on optimization of state property management, the information department of the Kyrgyz government reported. “The state represented by the State Property Management Fund participates…
In the challenging external environment, maintaining strong, sustainable, and inclusive growth for Turkmenistan will require improvements in the business and regulatory environment to support further private sector development, the IMF (International Monetary Fund) mission said in a message following the visit to Ashgabat. Effective implementation of reforms of state-owned enterprises and privatization, greater efficiency of…
China’s Ministry of Defense will provide the Armed Forces of Kyrgyzstan with the grant military aid of 100 million yuan, the press service of the General Staff of the Kyrgyz Republic reported. An agreement was signed following the visit of the Head of General Staff of the Kyrgyz Republic Raimberdi Duyshenbiev to China. According to…
President Shavkat Mirziyoyev signed a decree “On measures for further simplification of the system of micro-lending to businesses and the wider population”, aimed at ensuring broad access to preferential micro-loans. The decree provides for the introduction of a simplified mechanism for granting micro-loans to newly registered individual entrepreneurs (IE) and family business entities (FBE) without…
Clothing for children and adolescents in the Eurasian Economic Union will become safer. Corresponding amendments to the technical regulations of the union were approved by the board of the Eurasian Economic Commission. It is noted that tougher requirements for the quality of fabrics used for making children’s clothes have been set. In particular, the division…