Economy

A new system to be introduced in public transport

On 31 January, President Shavkat Mirziyoyev chaired a meeting on the introduction of a new public transport system in the cities of Tashkent, Nukus and regional centers.

FAO–Türkiye Partnership Programmes: Uzbekistan’s experience

The Uzbek delegation formed from the representatives of the Ministry of Agriculture of the Republic of Uzbekistan, the Ministry of Natural Resources of the Republic of Uzbekistan, the Tashkent State Agrarian University and the FAO Country Office in Uzbekistan took part in a regional workshop in Baku (Republic of Azerbaijan) focused on the results and successes of recently implemented projects of the FAO-Turkey Partnership Programs. The workshop participants consisted of high-level representatives of relevant institutions in the countries of the subregion involved in the projects.

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Results of measures to attract foreign investment to Uzbekistan in 2017-2022

06/02/2023Read more

Azimuth Airlines increases the frequency of flights from Moscow to Termez

06/02/2023Read more

Central Bank: current account deficit of the balance of payments amounted to US$511 million

06/02/2023Read more

Uzbekistan, AFD hold annual consultations to develop constructive cooperation

On 31 January, IV Annual Consultations between the Government of the Republic of Uzbekistan and the French Development Agency (ADF) were held at the International Hotel Tashkent to discuss the progress of ongoing joint projects under implementation with the support of ADF and identify promising initiatives that contribute to sustainable development.

First Premium Alliance buys state stake in Kokand Biochemical for 277 billion soums

First Premium Alliance acquires 99.7% of the state block of shares in the authorized capital of Kokand Biochemical for 277 billion soums, the State Assets Management Agency of Uzbekistan said.

Expert mission from Italy: supporting an inclusive transition to a green economy

From 30 January to 4 February 2023, with the support of the Ministry of Agriculture of the Republic of Uzbekistan and the United Nations Development Program (UNDP), experts from the Council for Agricultural Research and Economics (CREA) - the Italian national scientific -a research institution with expertise in agriculture, agro-industry, fisheries, forestry and economics are visiting Uzbekistan.

In Central Asia, PPPs have the potential to deliver infrastructure projects faster and better

Infrastructure is critical for accelerating economic growth, creating new jobs, and providing access to critical services to millions of people across Central Asia. But finding the money to support these essential projects can be difficult, especially given today’s challenging global headwinds and the strain the pandemic put on public resources.

Uzbekistan starts to import AI-80 gasoline from Russia

On 12 December 2022, the resolution of the President of the Republic of Uzbekistan "On measures to uninterruptedly provide consumers with motor gasoline in the autumn-winter period and prevent a sharp increase in its prices" was approved. According to this resolution, until 1 March 2023, as an exception, the zero excise tax rate for AI-80 gasoline imported, produced by domestic enterprises and sold by business entities to end consumers.

Agricultural cooperatives: what will they bring to farmers, clusters and agriculture in general?

A second meeting was held with the participation of representatives of the Ministry of Agriculture of the Republic of Uzbekistan and the German Society for International Cooperation (GIZ), dedicated to the discussion of the draft law on agricultural cooperatives.

Ways to strengthen cooperation with the EU were discussed

On 30 January, Minister of Investment, Industry and Trade Laziz Kudratov held a meeting with Head of the European Union Delegation to the Republic of Uzbekistan Charlotte Adriaen. The meeting’s agenda covered topics on strengthening cooperation in trade, economic and investment cooperation, partnership within the framework of Uzbekistan's accession to the WTO and other areas of mutual interest.

New Presidential Resolution improves the procedure for leasing state property

The Resolution of the President of the Republic of Uzbekistan from January 23, 2023 № UP-13 "On introduction of amendments and additions to some acts of the President of the Republic of Uzbekistan" increased lease period of state facilities from 1 year to 3 years, and in case of fulfillment of obligations - from 5 years to 6 years.

Currency rates from 06/02/2023

$ 1 11317.06 +0.193%
€ 1 12369.55 -0.435%
₽ 1 160.95 -0.236%
Other currencies »