25 May 2019
Save The Date
October 22, 2019
Dear AUCC Members and Friends,
AUCC is delighted to announce that the 2019 U.S.-Uzbekistan Annual Business Forum will take place on Tuesday, October 22, 2019 in Washington, D.
10 May 2019
AKIPRESS.COM - UNECE will help Uzbekistan in preparation of the national action plan for integrated water management, water supply and sanitation, the Foreign Ministry of Uzbekistan said.
Such agreement was reached at the meeting of State Environmental Protection Committee Chairman Bahrom Kuchkarov and UNECE Executive Secretary Olga Algayerova on the sidelines of the 2019 meetings of the COPs to the Basel, Rotterdam and Stockholm Conventions from April 29-May 10.
9 May 2019
On May 6, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Uzbekistan.
In 2018, GDP growth picked up moderately to 5 percent as adverse weather impacted agriculture and bottlenecks in energy and water slowed economic growth, despite strong investment growth. Consumer inflation had fallen to 14½ percent by end-2018, but rapid credit growth, price liberalization, public wage adjustments, and high inflation expectations will maintain price pressures in 2019.
9 May 2019
On May 8, President of Uzbekistan Shavkat Mirziyoyev held a meeting on the development of the jewelry industry and the expansion of conditions for jewelry manufacturers, Trend reports referring to Uzbek media.
Until recently, this industry received little attention in Uzbekistan. Eighty percent of the equipment of jewelry enterprises was worn out and some enterprises stopped the production.
8 May 2019
The Ministry of Investment and Foreign Trade of Uzbekistan has proposed to abolish cement import benefits, which were introduced in January 2018, Trend reports with reference to Esmerk CIS News.
The government suggested that the abolition of the benefits will create a competitive market and lead to more efficient production of building materials in the country.
Uzbekistan’s leading supplier of imported cement is Kazakhstan, which supplied 1500 tons of cement in November 2018.
8 May 2019
During the trip, the Uzbek delegation was familiarized with the work of the UK Government Digitalization Service. In addition, the Uzbek specialists were informed about the strategy on digital transformation in Britain and the country's experience in creating digital data.
Members of the delegation also met with Ben Terrett, Director of Public Digital company that introduced online filing and voter registration programs, and Andrew Greenway, the main cooperation partner of this company.
8 May 2019
Uzbekistan Pochtasi JSC and the South Korean corporation Samsung Electronics signed a memorandum of cooperation, Trend reports with reference to the official website of the Uzbekistan Post.
The parties approved the provisions that formed the basis for the signed memorandum during a meeting held back in April 2019.
Samsung highly appreciates the initiative of Uzbekistan Pochtasi to introduce digital technologies into the postal infrastructure, the news report says.
8 May 2019
The serial production of Hyundai electric cars in the Kokand free economic zone is scheduled to begin by 2023, the Uzbekistan 24 reported.
Construction of 10 thousand electric vehicles per year capacity plant will begin in 2021. The South Korean Hyundai, Evergreen Motors (the official distributor of KIA and Hyundai in the CIS), the Ministry of Investments and Foreign Trade and the Ferghana Governor's Office are the stakeholders in the US$ 300 million project, which will 1,000 jobs.
8 May 2019
The Mingbulakneft joint venture founded by Uzbekneftegaz and the Chinese CNPC obtained the first oil from the Mingbulak field in Namangan province, the Ministry of Energy said.
According to the Ministry of Energy, the main difficulties in developing the Mingbulak field are reportedly the depths (from 6000 m and more); high reservoir pressure (over 115 MPa) and reservoir temperature (over 168 degrees Celsius).
CNPC has applied its experience based on the development of similar fields in the Tarim Basin of China, the ministry added.
7 May 2019
Vice-President of Asian Development Bank (ADB) Shixin Chen and Uzbekistan Deputy Prime Minister, ADB Governor for Republic of Uzbekistan Elyor Ganiyev signed loan agreements for the Horticulture Value Chain Infrastructure Project and the Second Tashkent Province Water Supply Development Project during ADB Annual Meeting in Fiji, Trend reports with reference to ADB.
At the bilateral meeting, VP Chen and Ganiyev also discussed the upcoming country partnership strategy for Uzbekistan, the 2019 assistance pipeline, and regional cooperation projects.
As Trend reported earlier, the Asian Development Bank has approved $105.
6 May 2019
Not long ago, the nations of Central Asia were planting landmines along their shared borders. Now they plan a Europe-style visa-free travel zone.
Abdulaziz Kamilov, foreign minister of Uzbekistan, said: "There are certain elements similar...
6 May 2019
The Senate of Uzbekistan approved a law at a plenary meeting on Friday that provides a number of benefits for producers and consumers of renewable energy sources, Trend reports with reference to the Senate Information Center.
"The Senate today approved the law on the use of renewable energy sources," a representative of the upper house of parliament said.
He stated that the document, which defines the main directions of state policy in this area, was sent for signature to the president.
6 May 2019
From January to March 2019, the largest sellers of gold were Uzbekistan with 6.2 tons of this precious metal sold, Mongolia - 3.4 tons, and Tajikistan - 1 ton, Trend reports with reference to the latest report by the World Gold Council.
4 May 2019
The mission of International Monetary Fund (IMF) updated the transparency assessment in the fiscal area of Uzbekistan, Trend reports with reference to IMF.
Transparency indicators of Uzbekistan improved on the eight principles of the IMF Code compared to the assessment conducted in June 2018. Now Uzbekistan complies with 23 of the 36 principles of the Code.
3 May 2019
Deputy Foreign Minister Alisher Abdualiyev, yesterday met with the head of the production department of the Roca Group (Spain), Francisco Luis Villa and discussed the prospects for the implementation of the project for the of sanitary ware and ceramic tile manufacturing unit initiated by the Embassy of our country in Madrid in Tashkent province.
Villa Francisco Luis told that following the study of the Uzbekistan's raw material base and its market, the company had decided to set up the Roca brand sanitary ware and ceramic tiles production in Tashkent province with further expansion to other provinces.
The Uzbek officials briefed the guests on the reform efforts being undertaken to improve Uzbekistan's investment climate and the demand for building materials, as well as in neighboring countries, particularly in Afghanistan.
1 May 2019
Washington, DC- On April 17, 2019, the United States and Uzbekistan took an important step to enhance cooperation in natural resources by signing a Memorandum of Understanding between the U.S. Geological Survey and the State Committee of the Republic of Uzbekistan on Geology and Mineral Resources.
» 29 March 2019: INVITATION: Panel Discussion with 6 Central Asian Ambassadors on Doing Business in Central Asia
» 22 March 2019: INVITATION: Conversation with Albert Jaeger, IMF Country Director for Uzbekistan, on Improving Uzbekistan's Investment Climate: What Do Investors Want?
» 15 March 2019: U.S. Starts Gas Production in Uzbekistan
» 15 March 2019: European Union Supports Uzbekistan's Accession to World Trade Organization (WTO)
» 15 March 2019: Uzbekistan Parliament Approves New Nuclear Energy Law
» 4 March 2019: U.S.-Uzbek Annual Bilateral Consultations: A New Era of Strategic Partnership
» 4 March 2019: World Bank Optimistic About Uzbekistan
» 4 March 2019: USAID Supports Energy Sector of Uzbekistan
» 4 March 2019: Uzbekistan Central Bank Looks to Increase Gold Reserves to 430 Tonnes in Five Years
» 25 February 2019: REMINDER: Private Roundtable Discussion with the US and International Financial Institutions on Financial Instruments for Uzbekistan and Central Asia
» 22 February 2019: Uzbekistan Seeks $300 mln Loan from Russia's Gazprombank for Gas Complex
» 22 February 2019: Uzbekistan's Foreign Trade Turnover Worth $ 3.35 Billion
» 22 February 2019: Uzbekistan May Join WTO within Two Years
» 15 February 2019: Moody’s Assigns its First Uzbekistan Long-Term Issuer Rating at ‘B1
» 15 February 2019: Uzbekistan Emerges From Isolation with $1 Billion Bond Sale
» 15 February 2019: Global Business Conference: March 7th at Drexel University
» 15 February 2019: New Speaker Added: Uzbekistan's New Face and The Long Game: Western Strategy in the Caucasus and Central Asia
» 14 February 2019: INVITATION: Discussion with Chairman Frederick Starr and Director Svante Cornell, Central Asia-Caucasus Institute at the American Foreign Policy Council
» 12 February 2019: INVITATION: Private Roundtable Discussion with the US and International Financial Institutions on Financial Instruments for Uzbekistan and Central Asia
» 11 February 2019: Boeing to Provide Uzbekistan Airways with Landing Gear Services
» 8 February 2019: First Round on Agreement Negotiations between Uzbekistan, EU Ends
» 8 February 2019: Uzbekistan Establishes Ministry of Transport
» 8 February 2019: WB Vice-President to Visit Uzbekistan
» 8 February 2019: US Assistant Secretary of State for South, Central Asian Affairs to Visit Uzbekistan
» 4 February 2019: Uzbekistan Lifts Ban on "Confidential" State Data on Minerals
» 4 February 2019: Uzbekistan Simplifies Bankruptcy Procedure
» 4 February 2019: Uzbekistan Improves Position in OECD Credit Risks Classification
» 18 January 2019: Uzbekistan turns to nuclear energy to power economy
» 18 January 2019: signs long-term contract with Uzbekistan for uranium
» 17 January 2019: INTERVIEW: Uzbekneftegaz remaking Uzbekistan’s energy sector
» 16 January 2019: Uzbekistan, Germany sign contracts for $ 4B
» 11 January 2019: AUCC Welcomes MIR Corporation as Newest Member
» 11 January 2019: Uzbekistan govt outlines plan to develop telecom networks
» 5 January 2019: Uzbekistan introduces a visa-free regime for citizens of another 45 countries from 1 February
» 4 January 2019: Uzbekistan Airways SWOT: opportunities and challenges after reforms
» 4 January 2019: Uzbekistan appoints banks for international debt market debut
» 4 January 2019: Viewpoint: The logic of nuclear power for Central Asia
» 31 December 2018: Address by Uzbek President Shavkat Mirziyoyev to Oliy Majlis
» 24 December 2018: End of the Year Address by AUCC Leadership
» 18 December 2018: Invitation: Uzbekistan and Advancement of Religious Freedom
» 14 December 2018: Russia to develop two large HPPs in Uzbekistan
» 14 December 2018: Uzbekistan laying railway line to increase regional trade, connectivity
» 14 December 2018: Tashkent City reveals details of Uzbekistan's highest hotel
» 14 December 2018: Pompeo removes Uzbekistan from "Country of Particular Concern" list
» 6 December 2018: The World Bank Welcomes the Economic Reform Priorities of the Government of Uzbekistan over the Next Three Years
» 26 November 2018: Invitation to Philadelphia Roundtable with Uzbek Ambassador H.E. Javlon Vakhabov - December 12, 2018
1 April 2019
On March 29, 2019, the American-Uzbekistan Chamber of Commerce, the US-Kyrgyzstan Business Council, the US-Tajikistan Business Council and the recently launched US-Afghanistan Business Initiative organized an unprecedented panel discussion with the Ambassadors of Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan to discuss regional business opportunities. The panel's special guest, Lisa Curtis, Deputy Assistant to the President and Senior Director for South and Central Asia of the National Security Council, delivered opening remarks and emphasized the importance of economic cooperation between the United States and Central Asian countries. The event took place in the Washington, D.