Economy

Over 12,000 passengers carried by Silk Avia in the first month

On 25 April, the first regional airline Silk Avia began flights to the cities of Uzbekistan. In the first month, the air carrier covered 10 routes and transported more than 12,000 passengers on 330 flights.

Uzbekistan Airways plans regular flights to Grozny

From 26 June 2023, Uzbekistan Airways will start operating flights on the Tashkent-Grozny-Tashkent route.

Latest News

IMRI experts analyzed trade between Uzbekistan and Italy in agri-food products (TN VED 01-24)

07/06/2023Read more

Entrepreneurs of Uzbekistan are ready to invest over US$70 million in Kyrgyzstan

07/06/2023Read more

A business meeting of business circles of Uzbekistan and Turkey was held in Tashkent

07/06/2023Read more

Wildberries launched a program to support new partners in the CIS countries

Wildberries has introduced a preferential program for registering entrepreneurs from a number of CIS countries when opening new business cabinets on the platform. The preferential guarantee fee, which can be used for advertising promotion of products, will be 10,000 rubles.

Uzbekneftegaz: Negotiations were held with representatives of a foreign bank on financing issues

With the participation of representatives of Uzbekneftegaz and the US bank JPMorgan & Chase Bank, a regular meeting was organized to develop cooperation and further expand contacts on financing joint projects.

Uzbekistan and the World Bank Strengthen Partnership During New Regional Vice President's Visit

During her first official visit to Uzbekistan from June 1 to June 3, Antonella Bassani, the new World Bank Regional Vice President for Europe and Central Asia, held productive talks with President Shavkat Mirziyoyev and other senior government officials. They discussed the government’s reform priorities in various sectors, which are critical to achieving the country’s development goals and completing the transition to an inclusive market economy.

Center for Innovative Entrepreneurship U-ENTER launched in Tashkent

As part of the visit of the Minister of Foreign Affairs of the Republic of Korea, Mr. Park Jin, to Uzbekistan on 3 June. An exemplary business incubator was opened.

Issues of development of the agricultural sector were discussed with representatives of the European Union

On 2 June this year, a meeting was held at the Ministry of Economy and Finance of the Republic of Uzbekistan with representatives of the Delegation of the European Union (EC) in Uzbekistan.

KPMG appointed as strategic consultant-coordinator for the "People’s IPO"

According to the relevant privatization programs, as well as the announcement of the State Assets Management Agency to attract a professional consulting company o develop the strategy for the implementation and coordination of processes of the "People’s IPO" in 40 state enterprises on the principle of “one share, one lot”, the following is reported.

Multifaceted cooperation with the World Bank is developing

On 2 June this year, Minister of Economy and Finance of the Republic of Uzbekistan Sherzod Kudbiev met with World Bank Vice President for Europe and Central Asia Antonella Bassani.

Ministry of Energy: First large wind turbine installed in Uzbekistan

The first large turbine with a capacity of 4.7 MW from Goldwind (China) was installed as part of the construction of a wind farm with a total capacity of 500 MW in Tamdinsky district of Navoi region, implemented by the Emirati company Masdar. The height of this wind turbine is 97 meters, and the length of each blade is 77 meters.

Currency rates from 23/05/2023

$ 1 11450.03 -0.245%
€ 1 12387.79 -0.088%
₽ 1 143.41 -0.306%
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