» AUCC INTRO

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

Get Flash to see this player.

» AUCC events

» Contact us

NEWS

NBU to freeze Uzbekistan Airways’ loan in the amount of $111 million

kun.uz/en
20 March 2020

The National Bank for Foreign Economic Affairs of Uzbekistan (NBU) will freeze the loan of Uzbekistan Airways, follows from the presidential decree.

This measure is aimed at mitigating the negative impact of the coronavirus pandemic and the global crisis on the national economy.

In accordance with the decree, NBU was instructed to revise the loan repayment schedules of Uzbekistan Airways JSC in the amount of $111 million within a month, with the suspension of debt payments for 2020.

In addition, negotiations will be held with foreign creditors of Uzbekistan Airways JSC in conjunction with the Ministry of Investments and Foreign Trade to review the conditions for repaying loans and payments on them in connection with the occurrence of force majeure events.