Russia and Uzbekistan have a huge potential for developing bilateral trade and economic interaction in the sphere of small and medium business, Board Chairman of the Russian Oil and Gas Union Yuri Shafranik told Itar-Tass on Tuesday.
Russian oil company SoyuzNefteGaz, realizing projects in CIS states, is planning to invest over US$2 billion to Uzbek oil and gas sector within 36 years, RIA Novosti reported quoting representative of Russian firm in Uzbekistan Rinat Anderjanov.
The population of Uzbekistan consumed paid services for 2.07 trillion soums in nine months of 2007 or increased by 25.2% year-on-year, the Uzbek State Statistics Committee said.
Retail trade turnover in Uzbekistan grew by 18.4% year-on-year to 6.81 trillion soums in January-September 2007, the Uzbek State Statistics Committee said. The committee said over 99.8% of total retail trade turnover fell to share of non-governmental sector.
The International Uzbek Textile Fair will take place in Tashkent on 5-6 December this year, Jahon of the Uzbek Foreign Ministry reported quoting the organization committee.
Bekabadcement plans to launch construction of new capacity on production of clinker on dry technology, local state-run newspaper said.
The share of cotton-fibre in total volume of the Uzbek exports fell from 17.3% in January-September 2006 to 12.4% in the same period of 2007, the Uzbek State Statistics Committee said.
Uzbekistan carried out trade with over 149 countries of the world in January-September 2007, the Uzbek State Statistics Committee said.