Economy
Economy
Daewoo International to buy Uzbek spinning mill
Daewoo International Corp., a South Korean trading company, said Sunday it plans to spend US$47.5 million on buying a spinning mill owned by the Uzbekistan …
Uzbekistan gives tax breaks to GM joint venture
Uzbekistan has freed its planned joint venture with the US car maker General Motors Corp. from most taxes for the …
Lukoil Overseas completes acquisition of Uzbek hydrocarbon assets
Lukoil Overseas, a 100% subsidiary of oil and gas producer Lukoil Oil Co., revealed the completion of a transaction with …
Iran finds wheat fungus, threat to region - FAO
Iran has detected a ’wheat rust’ fungus in its crops that poses a potential threat for production there and in …
IFC private equity fund investment supports small and medium businesses in Central Asia
IFC, a member of the World Bank Group, announced on 4 March that it has invested in the Aureos Central …
IFC expands its reach in Central Asia, helping smaller businesses
Central Asian countries have made considerable progress in transitioning to market-based economies, yet most of them still suffer from high …
Kyrgyzstan set to demand payment for water from Uzbekistan, Kazakhstan
The Kyrgyz Industry, Energy and Fuel Resources Ministry has offered new conditions for cooperation in the sphere of hydroelectric power …
Uzbekistan resumes power supply to Tajikistan
Uzbekistan has resumed power supply to Tajikistan, a source in the Barq-i Tojik [Tajik Electricity] open joint-stock holding company has …
South Korea’s to build cement plant in Uzbekistan
South Korea’s Natural Cement Corp Ltd and Uzbekistan’s Asia Cement International have set up a joint venture to build a …
Power supplies to Tajikistan to be resumed "in nearest future" - Uzbek embassy
Uzbek electricity supplies to Tajikistan will be resumed in the nearest future. The Uzbek embassy in Dushanbe has told the …