The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

Interview with AUCC Chairperson Carolyn Lamm Before 2012 Uzbekistan-US Annual Business Forum

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More Speakers Added: 2019 U.S.-Uzbekistan Annual Business Forum

22 October 2019
Dear AUCC members and colleagues: This is the latest draft agenda. More prominent speakers have been added to the event. |read|

Mayor Muriel Bowser Welcomes Participants of the 2019 U.S.-Uzbekistan Annual Business Forum that will be held on October 22, 2019 in Washington, D.C.

10 October 2019
Keynote Speaker Hon. Wilbur L. Ross, Jr. Secretary of Commerce (confirmed) 2019 U.S.-Uzbekistan Annual Business Forum |read|

AUCC Welcomes Bechtel Corporation as Newest Member

7 October 2019
The American-Uzbekistan Chamber of Commerce is honored to welcome Bechtel Corporation as our newest member. About Bechtel Partnership and Purpose |read|

AUCC Welcomes Xtellus Capital Partners as Newest Member

3 October 2019
The American-Uzbekistan Chamber of Commerce is honored to welcome Xtellus Capital Partners as our newest member. About Xtellus Capital Partners |read|

EBRD plans to boost green energy financing in Uzbekistan

30 September 2019
European Bank for reconstruction and development (EBRD) launched its Green Energy Financing Facility (GEFF) in Uzbekistan in mid-September, representative of EBRD told Trend in an interview. "This facility channels EBRD funding to local small and medium sized enterprises that are interested in implementing energy efficiency improvements in their operations through partner financial institutions," the official said. As the spokesperson stated, Ipak Yuli bank was the first commercial bank in Uzbekistan that joined GEFF. |read|

Uzbek Neftegazinvest opens tender to buy absorber

28 September 2019
Uzbekistan's Neftegazinvest LLC has announced a tender for the supply of an absorber for the investment project "Modernization of the amine gas treatment unit at the head facilities of Shurtan". Bids are accepted until 5:00 pm (GMT + 5) on October 25, 2019. The marginal cost of the tender is $389,585. |read|

Uzbekistan among TOP-20 countries for doing business - World Bank

28 September 2019
Uzbekistan entered the top 20 reforming countries which created the most favorable conditions for doing business, according to the World Bank's Doing Business international report for 2019, Trend reports citing the Ministry of Justice of Uzbekistan. Meanwhile, Uzbekistan ranks 76th among 190 countries in the overall ranking. The country has recently strengthened the protection of minority investors, streamlined the tax system, strengthened contract execution and achieved significant success in foreign trade, said the report. |read|

US Congressmen Kelly, Gonzalez Introduce Resolution Expressing Support of Independence and Further Development of the Strategic Partnership Between the United States and Uzbekistan

27 September 2019
Today, Congressman Trent Kelly (R-MS) along with Congressman Vicente Gonzalez (D-TX) introduced House Resolution 599, Expressing Support of Independence and Further Development of the Strategic Partnership Between the United States and Uzbekistan. This legislation seeks to strengthen existing relations between Uzbekistan and the United States. Congressman Kelly is the founding member of the Uzbek Caucus in the U. |read|

Uzbekistan lowers value added tax to liberalize tax policy

26 September 2019
Uzbek President Shavkat Mirziyoyev signed a decree on Wednesday to reduce the value-added tax (VAT) rate from the current 20 percent to 15 percent starting from Oct. 1 to liberalize the tax policy. The decree instructs the government to prepare the draft state budget for 2020 taking into account VAT reduction and the establishment of the basic corporate income tax rate of 15 percent for legal entities. |read|

ADB to Improve Access to Finance, Veterinary Services of Uzbekistan's Livestock Sector

26 September 2019
The Asian Development Bank (ADB) has approved a $150 million loan to Uzbekistan to increase the access of livestock farmers and entrepreneurs to finance, markets, and veterinary and other animal health services, which will help increase their productivity and contribution to the national economy. "Livestock farmers and entrepreneurs in Uzbekistan are facing difficulty in increasing scale and scope of operations, productivity, and profits," said ADB Principal Natural Resources and Agriculture Economist for Central and West Asia Mr. Bui Minh Giap. |read|

First C-check performed on Boeing-787 Dreamliner in Tashkent

25 September 2019
Specialists of the Uzbekistan Airways Technics airline successfully completed C-check form maintenance work on the Boeing 787 Dreamliner wide-body aircraft of Uzbekistan Airways. This form of maintenance is one of the most difficult types of performance checks for all systems, equipment and aircraft structure. And therefore, special attention was paid to the preparation for its implementation. |read|

USAID Hosts the Ninth Annual Central Asia Trade Forum in Shymkent, Kazakhstan

25 September 2019
The U.S. Agency for International Development will host one of the region's flagship international business events, the ninth annual Central Asia Trade Forum, at the Rixos Khadisha Hotel, on November 12-13, 2019 in Shymkent, Kazakhstan. |read|

The fourth meeting of the Central Asian working group to promote commercial standards for commercial product quality

25 September 2019
On 25-26 September, the fourth meeting of the Central Asian working group on promoting commercial standards for commercial product quality is being held in Tashkent. The purpose of the meeting was to discuss the results and plans of cooperation, as well as develop an agreed position on the implementation and promotion of commercial quality standards to stimulate the export of priority agricultural products in Central Asia. The region of Central Asia, which has the potential to produce fresh and dried fruits and vegetables, stands in the way of solving complex issues related to the diversification of traditional markets and the search for new markets for its agricultural products. |read|

New areas for cooperation with EIB proposed in Uzbekistan

24 September 2019
Additional areas for cooperation with European Investment Bank (EIB) have been proposed in Uzbekistan, Trend reports with reference to the press office of Ministry of Economy and Industry of Uzbekistan. The proposals have been made on September 23, 2019 within the framework of the meeting of Minister of Economy and Industry of Uzbekistan Botir Khodjaev and the Vice-President of the EIB Vazil Hudak, which was held in the ministry. Within the framework of the meeting, prospects and main directions of bilateral cooperation have been discussed. |read|

Uzbekistan signs 10-year deal on power supplies to Afghanistan

21 September 2019
(Translation from original in Russian) A 10-year contract on electricity supplies from Uzbekistan to Afghanistan has been signed. At the initial stage, 4.2bn kWh [of electricity] will be supplied and the amount will subsequently increase up to 6bn kWh. |read|

ADB Vice-President Reaffirms Commitment to Uzbekistan's Development

21 September 2019
Asian Development Bank (ADB) Vice-President Mr. Diwakar Gupta reiterated ADB's support for the government's development and reform agenda during his 2-day visit to Uzbekistan from 20 to 21 September. Mr. |read|

Uzbekistan's WTO accession to increase only imports, exports to lag

21 September 2019
WTO accession will definitely increase interest in Uzbekistan and positively affect the country's image, analysts of the information and analytical Uzbek portal World of Finance told Trend in an interview. "However, in turn, imports will increase, and exports will lag until the quality of exported goods complies with international standards," they added. Regarding the issue of Eurobonds by Uzbekistan, experts noted: "The placement of Eurobonds was a benchmark for the country, but this is only the beginning; there are still many reforms to be implemented to make business in Uzbekistan transparent and reduce the shadow turnover of goods and services. |read|

Uzbekistan says three upstream gas deals close to signing

20 September 2019
Uzbekistan plans to sign at least three deals with large foreign energy companies this year and five more next year as it aims to boost its natural gas output, chief executive of state energy firm Uzbekneftegaz said on Friday. The list of potential partners in exploration and development agreements includes BP (BP.L), Total (TOTF. |read|

Uzbekistan introduces special visa for foreign investors

20 September 2019
(Translation from original in Russian) A special visa for foreign investors - the Investment visa - is being introduced in Uzbekistan, a Podrobno.uz correspondent reports. This is stipulated by a presidential decree (No UP-5833, dated 19 September 2019), which made an amendment to the list of new additional (non-electronic) types of entry visas for certain groups of foreigners, who visit Uzbekistan. |read|

CAREC Countries Move a Step Closer to Regional Energy Market After Historic Ministers' Meeting in Uzbekistan

20 September 2019
TASHKENT, UZBEKISTAN (20 September 2019) - Nine countries in Central and West Asia today signed a historic declaration that will accelerate cross-border cooperation on energy issues and move the region a step closer to the creation of a regional energy market. Energy ministers and leaders from Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, and Uzbekistan signed the 10-point declaration at the end of the Central Asia Regional Economic Cooperation (CAREC) Energy Ministers' Dialogue held in Tashkent. The meeting marks the first time energy ministers from Central and West Asia have come together to discuss common regional energy challenges. |read|

Uzbekistan hosting CAREC forum

20 September 2019
The First Dialogue of the Energy Ministers of the member-states of the Central Asia Regional Economic Cooperation (CAREC) and the Central Asia Energy Investment Forum 2019 are being held in Tashkent, the capital of Uzbekistan, on September 20-21, Trend reports on Sept. 20. The event is organized by the Uzbek government together with the Asian Development Bank (ADB) under the auspices of CAREC. |read|

A delegation of Uzbekistan to visit the United States

20 September 2019
A delegation of Uzbekistan led by the Minister of Foreign Affairs Abdulaziz Kamilov will visit the United States on 21-29 September 2019. The Uzbek delegation will attend the 74th Session of the UN General Assembly, including the high-level event devoted to the presentation of the Global Call to Protect Religious Freedom, the UN Climate Action Summit, as well as Central Asia - United States (C5+1) meetings and the Conference on Interaction and Confidence-Building Measures in Asia (CICA), will hold a number of bilateral meetings with heads of foreign delegations, in New York. The program of the visit also provides for negotiations with US officials in Washington to discuss issues of Uzbekistan - American agenda. |read|

Uzbekistan plans to implement infrastructure projects with World Bank

19 September 2019
Uzbekistan plans to implement projects to improve infrastructure, support entrepreneurship and improve living conditions with the participation of the World Bank, a representative of the Ministry of Investment and Foreign Trade of Uzbekistan told Trend in an interview. It should also be noted that Uzbekistan will direct more than $124.1 million for the comprehensive development of medium-sized cities. |read|

Which benefits Uzbekistan to gain from Trade Facilitation Program of EBRD?

18 September 2019
The European Bank for Reconstruction and Development's (EBRD) Trade Facilitation Program (TFP) promotes international trade to, from, and within the Uzbek Asaka Bank's countries of operations, including Uzbekistan, the representative of EBRD told Trend in an interview. Recently Trend reported that EBRD offers new financing opportunities to domestic importers and exporters in Uzbekistan by opening a limit of up to $20 million under the EBRD's TFP to Asaka bank. "Through the Program, the EBRD provides guarantees to international confirming banks, taking the political and commercial payment risk of international trade transactions undertaken by banks in these countries," the official noted. |read|

Invitation to Meet with Uzbek Ambassador Javlon Vakhabov

18 September 2019
Discussion with Uzbek Ambassador Javlon Vakhabov 12.30 pm - 2.00 pm Wednesday, September 18, 2019 White & Case LLP 701 13th Street NW, Washington DC 20005 |read|

Installation of Radiation Detection Equipment Promotes Safe and Secure Borders

15 September 2019
Today U.S. Ambassador Rosenblum and Uzbekistan's Special Representative for Afghanistan, Ismatulla Irgashev, participated in an equipment handover ceremony at the "Friendship Bridge" connecting Afghanistan to Uzbekistan. |read|

EBRD Offers New Financing Opportunities for Uzbek Exporters and Importers

5 September 2019
Uzbekistan's Asaka bank joins EBRD Trade Facilitation Programme US$ 20 million limit will help bank expand its trade finance product range The EBRD is providing a boost to domestic importers and exporters in Uzbekistan by opening a limit of up to US$ 20 million under the EBRD's Trade Facilitation Programme (TFP) to Asaka bank. |read|

Welcome Meeting with Rukhullo Zikrillaev

5 September 2019
Welcome Meeding and Discussion with Rukhullo Zikrillaev Trade and Investment Counselor Uzbek Embassy in Washington DC 12.30 pm - 2.00 pm Thursday, September 5, 2019 |read|

What Prevents Emergence of New Companies from Europe, USA in Uzbekistan?

2 September 2019
Analysts of the information and analytical Uzbek portal World of Finance told Trend about obstacles to increasing the share of European and the US companies in Uzbekistan. Experts stressed that in fact, nothing prevents the increase in the number of companies from Europe and the United States in the country, but there are some points that directly affect the emergence of new companies from these countries in Uzbekistan. "This is an underdeveloped business environment with a complex tax system and lack of qualified specialists. |read|
» 30 August 2019: Uzbekistan Further Simplifies its Privatization Procedures
» 30 August 2019: IFC talks modernization of Uzbek TPP
» 21 August 2019: American Councils Announcing Dr. David Patton as President and CEO
» 12 August 2019: Uzbekistan's Neftegazinvest Extends Tender for Ionizing Radiation Sources
» 9 August 2019: JPMorgan Chase Bank to Allocate Loan to Uzbekistan for Investment Project
» 9 August 2019: Uzbekistan Airways Opens Tender to Buy 2 Tankers
» 9 August 2019: Uzbekistan to Bring Localization Level of Agriculture Machinery to 60%
» 8 August 2019: Leading Travel Bloggers to Promote Tourism in Central Asia
» 7 August 2019: Uzbekistan Approves State Program for the Development of Mineral Resources
» 5 August 2019: Uzbekistan Boosts Co-op with Philadelphia
» 3 August 2019: Uzbek Agriculture Sector to Receive US$60m to Finance Purchase of Machinery
» 2 August 2019: Uzbekistan to Issue Subsidies to Silk-producing Enterprises
» 2 August 2019: Honeywell to Provide Uzbekistan’s international Congress Center and Hilton Hotel with Smart Technologies
» 28 July 2019: Government Procurement is the Basis of Wide Opportunities for Enterprise Development
» 28 July 2019: Procedure for the Recognition of Certificates of Education Issued in Foreign Countries Approved
» 26 July 2019: NAPU Takes Part in the Presentation of the Investment Potential of Uzbekistan in the USA
» 24 July 2019: A Delegation of Uzbekistan Holds Talks with the Heads of the Largest US Stock Exchanges
» 23 July 2019: Uzbekistan Capital Market is Represented in the United States
» 23 July 2019: Uzbekistan's Foreign Trade Turnover up by over 4 Bln USD
» 22 July 2019: World Bank Welcomes Uzbekistan’s Continued Reform Commitment, Increases Support
» 22 July 2019: USAID Administrator Mark Green's Meeting with Republic of Uzbekistan Foreign Minister the Honorable Abdulaziz Kamilov
» 8 July 2019: Uzbek Neftegazinvest Buys Material, Technical Resources Via Tender
» 8 July 2019: Uzbekistan Reports New Gas Find
» 5 July 2019: EU, GIZ announce tender for supple of solar stations to Uzbekistan
» 4 July 2019: The Ministry of Health of The Republic of Uzbekistan, Represented by the Working Body of the State Unitary Enterprise O'zmedimpeks, Announces Tender for the Purchase of Contraceptives
» 4 July 2019: The Ministry of Health of the Republic of Uzbekistan, Represented by the Working Body of the State Unitary Enterprise O'zmedimpeks, Announces Tender for the Purchase of Cochlear Implants
» 4 July 2019: Ministry of Health of Uzbekistan Announced Bids for Purchase of Medical Equipment, Components, Spare Parts and Consumables
» 4 July 2019: Uzbekistan, Afghanistan to sign new contract for electricity supply
» 4 July 2019: A draft government decision agreed to revise and optimize import customs duty rates
» 3 July 2019: Uzbekistan prepares new investment law
» 2 July 2019: Uzbekistan Havo Yollari receives the fifth Boeing 787-8 Dreamliner aircraft
» 2 July 2019: World Bank to provide $50 million loan for strengthening of Uzbekistan's social protection system
» 4 June 2019: 1,700 participants from 47 countries expected to attend Tashkent International Investment Forum
» 2 June 2019: Uzbekistan launches capacities to produce insulin
» 31 May 2019: Uzbekistan eases e-visa norms
» 31 May 2019: Russian company to modernize 3 Uzbek airports
» 31 May 2019: Rosatom to start building nuclear power plant in Uzbekistan's Aydarkul lake in 2020-2021
» 30 May 2019: Uzbek President discusses $13 B investment projects with Russian PM Medvedev
» 30 May 2019: Pharmaceuticals of Uzbekistan are planning innovative developments
» 30 May 2019: CAREC workshop discusses new regional economic corridor development
» 29 May 2019: ADB to help prepare specialists for the textile industry of Uzbekistan
» 29 May 2019: Uzbekistan eyeing to join ISTFC, ICIEC
» 28 May 2019: Uzbekistan to buy 100 million worth of Russian energy equipment
» 28 May 2019: New system pending introduction to consider appeals from entrepreneurs and investors.
» 27 May 2019: World Bank issues $33 million to support public financial management, state-owned enterprises reform in Uzbekistan
» 26 May 2019: Trade zone inaugurated on the border with Afghanistan
» 25 May 2019: 2019 U.S.-Uzbekistan Annual Business Forum
» 24 May 2019: New U.S. Ambassador presents credentials to Foreign Minister
» 24 May 2019: GM Uzbekistan resumes car supplies to Ukraine
» 23 May 2019: Uzbek cars Ravon to be assembled in Russia
» 22 May 2019: Shavkat Mirziyoyev signs the Using Renewable Energy Bill into Law
» 22 May 2019: Uzbekneftegaz to be split as Uzbekistan woos foreign cash - Bloomberg
» 22 May 2019: ADB to allocate funds for Uzbekistan's new electric locomotives
» 21 May 2019: Chinese company builds cement plant in Uzbekistan
» 21 May 2019: New investment projects, to be implemented in Tashkent, are discussed
» 20 May 2019: 10 agreements worth $150 million signed at Uzbekistan-U.S.-Canada business forum
» 10 May 2019: UNECE to help Uzbekistan in preparation of national action plan for integrated water management
» 9 May 2019: IMF Executive Board Concludes 2019 Article IV Consultation with the Republic of Uzbekistan
» 9 May 2019: Uzbekistan to start treating jewelry industry seriously
» 8 May 2019: Uzbekistan may cancel import benefits on cement
» 8 May 2019: Uzbekistan to use UK experience in introducing blockchain technology
» 8 May 2019: Samsung, Uzbekistan sign agreement on postal infrastructure modernization
» 8 May 2019: Hyunadai electric cars plant could be set up in Kokand FEZ
» 8 May 2019: First oil obtained in Mingbulak field
» 7 May 2019: ADB, Uzbekistan sign agreement on improving water supply in Tashkent region
» 6 May 2019: Central Asian states plan 'silk visa' in bid to revive trade
» 6 May 2019: Green energy consumers in Uzbekistan to get tax privileges
» 6 May 2019: Uzbekistan becomes world leader in gold sales
» 4 May 2019: Uzbekistan complies with 23 of 36 principles of IMF fiscal transparency
» 3 May 2019: Roca sanitary ware manufacturing unit could be set up in Tashkent province
» 1 May 2019: United States Geological Survey Signs MOU with Uzbekistan