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.
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.
27 February 2017
Turkey and Uzbekistan have signed cooperation agreement to boost economic relations, Economy Minister Nihat Zeybekci said Monday.
The cooperation agreement was signed at the Turkey-Uzbekistan Business Forum organized by Turkey's Foreign Economic Relations Board (DEIK) in Istanbul.
"We identified nine to 10 economic sectors such as agriculture, textile, electric-electronic, chemistry, tourism, and logistics.
25 February 2017
On 25 February 2017, the Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov received the Deputy Assistant Secretary of State for Central Asia of the United States of America Daniel Rosenblum in Tashkent.
The sides exchanged views on the issues of Uzbek-US relations, some international and regional problems, the Uzbek Foreign Ministry said.
The parties also considered the results of the next meeting of the American-Uzbek Chamber of Commerce, which took place on 1 February 2017 in Tashkent.
21 February 2017
The World Bank Group and the Islamic Development Bank published the first Global Report on Islamic Finance, which details the prospects for the global Islamic finance industry and its potential to help reduce worldwide income inequality, enhance sharing prosperity, and achieve the Sustainable Development Goals.
Subtitled "A Catalyst for Shared Prosperity?", the report provides an overview of trends in Islamic finance, identifies major challenges hindering the industry's growth, and recommends policy interventions to leverage Islamic finance for promoting shared prosperity.
21 February 2017
SWIFT announces today that the financial community in Turkmenistan has signed up to use its Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks, funds distributors and custodians required for due diligence processes.
In addition, SWIFT announces that 13 banks in Uzbekistan have also signed up to use The KYC Registry.
In both community deals, SWIFT has worked closely with its Business Partner in the region, Alliance Factors, to support and on-board customers.
20 February 2017
A delegation of Uzbekistan took part in the consultations of the member states of the Shanghai Cooperation Organization (SCO) in Moscow, Russia, on 20 January 2017.
Before the consultations, the delegations of the SCO member states held meeting with the Russian Foreign Minister Sergei Lavrov, the press service of the Uzbek Foreign Ministry said.
Deputy Foreign Ministers of Kazakhstan, Kyrgyzstan, China, Russia, Tajikistan and Uzbekistan discussed the practical issues of cooperation within the SCO framework in the context of the forthcoming enlargement of the organization.
17 February 2017
Hyatt Regency Tashkent has introduced special "AUCC Members and Friends" rates. AUCC encourages all members and friends of the chamber to stay at our member's property while visiting Tashkent which offers excellent customer service, free Wi-FI, supreme location and the most attentive management team. For more information about the rates and the hotel, please contact AUCC at info@aucconline.
17 February 2017
In January 2017, Uzbekistan exported fresh and processed fruit and vegetable products worth almost $42.6 million, twice as much as in the same period in 2016, the country's official Jahon information agency reports. It also stated that Russia was their leading export partner for fruit & vegetables.
17 February 2017
Guarantee Fund will be established in Uzbekistan for small business development.
President Shavkat Mirzizyoyev signed the relevant decree on February 10, 2017.
The fund is created in form of Joint Stock Company.
» 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
» 24 October 2016: Central Asian Countries Identify $94 Billion Energy Investment Needs to 2023
» 23 October 2016: Uzbekistan reforming judicial system
» 21 October 2016: I International Fruit and Vegetable Fair in Tashkent
» 21 October 2016: US under secretary to visit Central Asia
» 20 October 2016: Deputies approve draft law "On combating corruption" in first reading
» 20 October 2016: Chinese vice premier eyes more infrastructure cooperation with Uzbekistan
» 6 October 2016: ADB Projects: Proposed and Active
» 6 October 2016: Business ombudsman institute to be set up in Uzbek parliament
» 6 October 2016: Uzbekistan to adopt law on fighting corruption
» 6 October 2016: Uzbekistan to cancel all unscheduled business inspections
» 30 September 2016: Uzbekistan, Tajikistan keen to intensify co-op
» 30 September 2016: ADB keeps Uzbekistan's GDP growth forecast
» 29 September 2016: Uzbek acting president reviews projects in northern regions
10 February 2017
AUCC and the Republic of Uzbekistan: Shared Vision for Result-Oriented Trade and Investment Agenda
On February 1, 2017, the American-Uzbekistan Chamber of Commerce (AUCC) held its 2017 U.