Finance

Uzbekistan prepares draft law on CTPL insurance

A draft law on compulsory third-party liability (CTPL) insurance has been prepared in the Republic of Uzbekistan. The draft may be passed this autumn, Olim Ikramov, head of the State Service for Insurance Supervision within the Ministry of Finance of Uzbekistan, said.

Study tour of Uzbek delegation to Turkey to learn their experience in anti-money laundering

During 25 May - 1 June 2007, the delegation from Uzbekistan, consisting of the representatives of the President’s office of the Republic of Uzbekistan, General Prosecutor’s office, Ministry of Finance, State Tax Committee, Central Bank, as well as OSCE and UNDP representatives has undertaken a study tour to Turkey in order to learn the successful Turkish experience in identification, interception, and prevention of financial and business crimes.

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Entrepreneurs of Uzbekistan and the Russian Federation discuss the development of bilateral relations

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UzAuto Motors intends to launch production of Chevrolet Tracker and Onix

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Foreign ministers of Uzbekistan and the Russian Federation hold talks in Moscow

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Senior ADB team visits Tashkent to strengthen cooperation

A management team from the Asian Development Bank visited Uzbekistan recently as part of efforts to further strengthen ADB’s already solid partnership with Tashkent.

ADB works to increase profits for farmers in Kyrgyz Republic

The Asian Development Bank and the Government of Kyrgyz have signed an agreement on a US$20 million assistance package to boost land productivity and profitability in rural Kyrgyz Republic.

ADB delegation, Uzbek officials consider cooperation issues

Top-level delegation of the Asian Development Bank (ADB) paid a visit to Uzbekistan on 4 June to discuss the possibilities of developing and strengthening cooperation.

CIS and EurAsEC heads of tax agencies meet in Kazan

The 12th meeting of the Coordination Council of the Heads of Tax Services of CIS and the 21st meeting of the Council of Heads of Tax Services of the Eurasian Economic Community were held on 1 June in Kazan. The heads of tax agencies of 12 countries came to participate in the meetings, RIA Novosti reported.

Capital Bank’s subordinated bonds listed on ITS

Interbank Trading System issued the decision to admit the subordinated bonds of the Capital Bank to circulation in the ITS system on 23 May 2007.

Intl forum consider Uzbek financial market opportunities

Avesta Investment Group and NAUR National Association of Securities Market Participants are holding an international investment fund on 29-30 May.

Tashkent host course on designing monitoring and evaluation plans

A training course "Designing Monitoring and Evaluation Plans " was held in Tashkent on 21-24 May.

Training on international financial reporting standards for microfinance organizations

Microfinance development programme, a component of the market reform policies in Uzbekistan, is designed to improve living standards. Its main objective is to provide assistance to the broad population groups by supporting private entrepreneurship through transforming crediting into a more effective instrument. The national government is making a significant contribution in facilitating development and strengthening microfinance in Uzbekistan.

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