Turkmenistan to privatize carpet weaving industry

In order to create the most favorable conditions for bringing the Turkmen carpet weaving to a new level, it is necessary to ensure the privatization of this industry, Turkmenistan’s President Gurbanguly Berdimuhamedov said. He made the remarks addressing a meeting of the country’s Cabinet of Ministers, according to the Turkmen government. Turkmenhaly State Association includes…

Uzbekistan: GDP exceeding 199 trillion soums in 2016

In 2016, according to preliminary data of the State Statistics Committee, the volume of gross domestic product (GDP) in current prices amounted to 199325,1 billion soums, while the growth in comparison with January-December 2015 made up 7.8%. GDP growth was mainly influenced by the following economic activities: construction (112.5%), trade, accommodation and food (113.4%), transportation…