14 April 2017
On April 11, the World Bank and the Government of Uzbekistan signed a US$50 million Credit Agreement for the Modernizing Higher Education Project that will support the country in strengthening the management of its higher education system and improving its quality and relevance to the labor market, the World Bank said.
The Ministry of Higher and Specialized Secondary Education (MHSSE) will be responsible for the implementation of the Project, with technical support from the World Bank for the period 2017 to 2022.
10 April 2017
The Asian Development Bank (ADB) has launched a new database presenting detailed figures and insights on projects supporting climate change mitigation and adaptation efforts as the institution moves closer to its $6 billion annual climate financing commitment by 2020.
“The launch of the Climate Change Financing Database is a testament not only to ADB’s objective to lead the climate efforts in Asia and the Pacific, but also to our commitment to remain transparent and accountable,” said ADB Vice-President for Knowledge Management and Sustainable Development Bambang Susantono. “We’re hoping that the database will serve as a tool to ensure that current and future climate efforts are effective, efficient, and sustainable.
10 April 2017
Fatih Birol is Executive Director of the International Energy Agency. Forbes magazine has called him one of the most influential players on the world’s energy scene. On a recent visit to the Asian Development Bank to sign a cooperation agreement and speak with staff, Mr.
7 April 2017
Uzbek President Shavkat Mirziyoyev has decreed to appoint Azim Akhmedkhadjaev as chairman of the State Committee for Investments.
Akhmedkhadjaev has previously served as chairman of the board at Uzbekistan's Asaka Bank.
The State Committee for Investments was created by Shavkat Mirziyoyev's decree in late March 2017.
6 April 2017
Russian and Uzbek Presidents Vladimir Putin and Shavkat Mirziyoyev discussed development of bilateral relations andexchanged views on a number of current international and regional issues at the talks in Moscow on April 5.
The bilateral trade and economic ties between Russia and Uzbekistan have intensified, and in some sectors see a remarkable increase in turnover, President Putin said at the meeting, TASS reported.
Putin noted that the documents prepared for this visit indicate a new step in the development of relations between the two countries.
6 April 2017
Reforms to increase productivity on the basis of better innovation, education, and infrastructure can help developing countries in Asia and the Pacific graduate to high-income status, says a new Asian Development Bank (ADB) report.
Transcending developing Asia's middle-income challenge is the subject of the special theme chapter in the Asian Development Outlook (ADO) 2017 report. ADO is ADB's flagship economic publication.
30 March 2017
The Senate (upper house) of the Uzbek parliament has approved a “Law on ratification of the agreement on establishment of the Central Asia Regional Economic Cooperation Institute (CAREC).
The agreement was signed by governments of Afghanistan, Azerbaijan, China, Kazakhstan, Kyrgyzstan, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan in Islamabad on Oct. 26, 2016.
29 March 2017
The Senate of the Oliy Majlis of Uzbekistan (the upper house of the parliament) approved the law on ratification of the agreement on the development of military-technical cooperation with Russia, Trend’s correspondent reported.
The agreement on military-technical cooperation between Russia and Uzbekistan was signed in Moscow in November 2016.
Previously, the law was adopted by the legislative lower house of parliament.
29 March 2017
Uzbekistan’s Navoi Mining and Metallurgy Complex JSC started construction of the fifth hydrometallurgical plant at the Auminza-Amantai gold ore deposit, said the Uzbek presidential press service.
The country’s President Shavkat Mirziyoyev attended the plant’s groundbreaking ceremony on March 28.
The new plant, worth $396 million, is expected to annually process five million tons of ore.
29 March 2017
Azerbaijan Caspian Shipping Company (ACSC) informs that the relevant Memorandum was signed in Baku at the meeting of representatives of Azerbaijani Railways (ADY), ACSC and Uzbek Railways.
The main purpose of the document is associated with the desire to expand transit and export-import carriages through Azerbaijan and Uzbekistan. A permanent workgroup has been formed for its implementation.
7 March 2017
Japan has allocated grants worth $551,100 to Uzbekistan for the implementation of eight social projects, the Japanese embassy said March 7.
The grants are allocated through the Japanese governmental program "Official Development Assistance" (ODA), the embassy said.
Uzbek Deputy Minister of Healthcare Elmira Basitkhanova, the country's First Deputy Minister of Public Education Bakhtiyor Daniyarov and Japanese Ambassador to Uzbekistan Nobuaki Ito signed the grant contracts March 7.
3 March 2017
IFC, a member of the World Bank Group, is launching a new program in Uzbekistan in order to help cotton farmers improve their production efficiency, safeguard the environment, and improve labor practices. This program is part of an effort by IFC to accelerate Uzbekistan's economic growth by modernizing one of the country's most important industries.
The program will help farmers to improve the quality and productivity of cotton production through the implementation of responsible cotton production principles.
3 March 2017
Asian Development Bank (ADB) President Takehiko Nakao today met with the President of the Republic of Uzbekistan Shavkat Mirziyoyev and signed loan agreements totaling 3 million. Mr. Nakao expressed confidence in the country's economic prospects and reiterated ADB's support for the government's development agenda.
3 March 2017
In frame of upcoming changes in IP legislation of Uzbekistan new mechanisms of protection of exclusive rights are suppose to be introduced.
Below we present major amendments, in our opinion, which are expected in IP legislation:
- IP AGENCY OF UZBEKISTAN AND PERSPECTIVES FOR THE YEAR OF 2017
3 March 2017
Ashgabat and Tashkent are preparing for the upcoming official visit of Uzbek President Shavkat Mirziyoyev to Turkmenistan.
The preparations for the visit were the key topic of a meeting between Turkmen Foreign Minister Rashid Meredov and Uzbek Minister of Foreign Economic Relations, Investments and Trade of Uzbekistan, Elyor Ganiev in Ashgabat.
The sides reviewed a package of bilateral documents due to be signed in the course of the visit.
2 March 2017
In March of this year, the NAC Uzbekistan Airways will receive Full-flight simulator (FFS) of Boeing-767 of the Canadian company SAE. Using the new simulator the flight crew of the airline will improve their skills of piloting this type of aircraft in conditions close to real, the press service of the airline said.
FFS Boeing 767 is the newest development of SAE - a leading manufacturer of flight simulators.
2 March 2017
On 1 March President of the Republic of Uzbekistan Shavkat Mirziyoyev received Vice President of General Electric company (US) Ronald James Pollett.
The Head of State, greeting the guest, stressed with a deep satisfaction the growing mutual interest of the business circles of Uzbekistan and the United States of America to developing long-term and mutually beneficial partnership relations.
Recently Tashkent hosted a successful business-forum of the American-Uzbekistan chamber of commerce with participation of leading American companies, including General Electric, CNH Industrial, Caterpillar, Honeywell and others.
» 27 February 2017: Turkey, Uzbekistan sign deals to boost trade
» 25 February 2017: Uzbek FM receives US Deputy Assistant Secretary of State
» 21 February 2017: New Report Outlines Actions to Leverage Islamic Finance for Development
» 21 February 2017: Swift signs Turkmenistan and Uzbekistan communities to KYC Registry
» 20 February 2017: Uzbek delegation attends SCO consultations in Moscow
» 17 February 2017: Hyatt Regency Tashkent and "AUCC Members and Friends" Special Rate
» 17 February 2017: Uzbekistan fruit and veg exports double in January
» 17 February 2017: Guarantee Fund to appear in Uzbekistan in support of small business
» 10 February 2017: AUCC and the Republic of Uzbekistan: Shared Vision for Result-Oriented Trade and Investment Agenda
» 30 January 2017: Agenda: 2017 US-Uzbekistan Annual Business Forum in Tashkent
» 6 January 2017: Register Now: 2017 US-Uzbekistan Annual Business Forum
» 4 January 2017: Law on combating corruption enters into force in Uzbekistan
» 4 January 2017: New interior minister appointed in Uzbekistan
» 29 December 2016: Uzbek president invited to Tajikistan
» 15 December 2016: Changes introduced to Government of Uzbekistan
» 14 December 2016: Senate approves law “On combating corruption”
» 14 December 2016: Abdulla Aripov approved as Prime Minister of Uzbekistan
» 9 December 2016: FM: Uzbekistan keen to maintain continuity in foreign policy
» 7 December 2016: Secretary Kerry Meets With Central Asian Foreign Ministers
» 6 December 2016: Financial Sector Reforms are Crucial for Sustained, Inclusive Growth in Europe and Central Asia
» 2 December 2016: Tax Incentives For Foreign Investments In Uzbekistan
» 1 December 2016: Tajikistan, Uzbekistan to restore air link
» 29 November 2016: Uzbek Govn’t to carry out wide-scale currency reforms
» 28 November 2016: ADB $154 Million Loan to Boost Horticulture Sector in Uzbekistan
» 30 October 2016: US leadership interested in development of ties with Uzbekistan
» 28 October 2016: Uzbekistan to spend about $700M on rural housing
» 26 October 2016: ADB President Calls for Expanded CAREC Agenda to Meet New Challenges
» 26 October 2016: Economies in Central Asian Countries Credited with Positive Reforms Says Latest Doing Business Report
1 March 2017
The 2017 Agenda outlines the new Administration's four trade priorities: promoting U.S. sovereignty, enforcing U.S. trade laws, leveraging American economic strength to expand our goods and services exports, and protecting U.