08:47, 21 Dec
The President of Uzbekistan held a video conference meeting focused on supporting entrepreneurship.
Under the chairmanship of President Shavkat Mirziyoyev, a video conference meeting was held to review the work accomplished this year and to outline key plans for 2025 aimed at comprehensive support for entrepreneurship, as well as to engage in dialogue with leading business figures.
08:47, 21 Dec
Nishonsky and Mirishkor districts will be transformed into innovative centers for cotton cultivation.
The Chinese company "Xinjiang Liuhua" has successfully cultivated cotton on 1,520 hectares of irrigated land in the Koson district, a vital hub for cotton production in Uzbekistan located in the Kashkadarya region. The use of foreign cotton varieties and drip irrigation technology has significantly boosted land productivity, according to Light Central Asia.
08:47, 21 Dec
Uzbekistan's process of joining the WTO is nearing completion.
The process of Uzbekistan's accession to the World Trade Organization is nearing completion. This was announced during a video conference dedicated to the results of the current year's work and the main plans for 2025 regarding comprehensive support for entrepreneurship.
08:47, 21 Dec
Construction of the China-Kyrgyzstan-Uzbekistan railway will begin on December 27.
The construction of the railway connecting China, Kyrgyzstan, and Uzbekistan is set to begin on December 27, 2024. This announcement was made by Kyrgyz President Sadyr Japarov during his speech at the People's Kurultai.
08:47, 21 Dec
DOM.RF showcased the potential for exporting construction expertise to Uzbekistan.
The authorities and construction companies in Uzbekistan have expressed their readiness to collaborate with DOM.RF on a pilot project for the implementation of escrow accounts. They have also shown interest in exporting Russian digital technologies. This information was announced following the visit of representatives from the state company to Uzbekistan, which took place on December 19-20, 2024.
08:47, 21 Dec
In January to November, Uzbekistan produced 382,905 passenger cars.
From January to November 2024, enterprises in Uzbekistan produced a total of 382,905 passenger cars of various models, according to the Statistical Agency.
08:47, 21 Dec
Kyrgyzstan will supply drinking water, Crystal, to Uzbekistan.
Uzbek companies Garnet Group and Magic Galaxy have signed long-term agreements for the supply of bottled drinking water, Crystal, from Kyrgyzstan. This information was reported by the Trade Representation of Kyrgyzstan in Uzbekistan.
08:47, 21 Dec
Two investors have shown interest in acquiring a 70% state stake in UZ CHASYS.
Two international investors have shown interest in acquiring a 70% stake in the authorized capital of LLC UZ CHASYS. This was reported by the Agency for Management of State Assets.
08:47, 21 Dec
Uzbekistan's foreign trade turnover reached $59.4 billion.
From January to November 2024, Uzbekistan's foreign trade turnover reached $59.4 billion, reflecting an increase of $2.1 billion, or 3.6%, compared to the same period in 2023. This information was reported by the Statistics Agency.
08:47, 21 Dec
Uzbekistan's industries have produced industrial goods valued at 780.9 trillion sums.
According to preliminary data, from January to November 2024, enterprises in Uzbekistan produced industrial goods valued at 780.9 trillion sums. The physical volume index of industrial production compared to the same period in 2023 stood at 106.8%. This information was reported by the Statistics Agency.
07:34, 21 Dec
Uzbekistan aims to boost its GDP to $120 billion within a year.
Companies that offer high salaries and hire individuals in need will receive benefits.
08:47, 20 Dec
The issues related to increasing gas production have been discussed.
On December 19, President Shavkat Mirziyoyev held a meeting focused on the current state of the gas extraction industry and strategies to increase gas production by 2025.
08:47, 20 Dec
A U.S. trade representative has confirmed the conclusion of negotiations with Uzbekistan regarding its accession to the WTO.
U.S. Trade Representative Katherine Tai announced the conclusion of bilateral talks with Uzbekistan regarding its accession to the World Trade Organization (WTO), reaffirming the Biden-Harris Administration's support for this process.
08:47, 20 Dec
Uzbekneftegaz plans to produce 26.5 billion cubic meters of natural gas by 2025.
The company "Uzbekneftegaz" aims to extract 26.5 billion cubic meters of natural gas by 2025, according to the news channel Oʻzbekiston 24.
08:47, 20 Dec
The President of Uzbekistan is holding a video conference to discuss support for entrepreneurship.
Under the leadership of President Shavkat Mirziyoyev, a video conference meeting is taking place to review the accomplishments of the current year and outline key plans for 2025 aimed at comprehensive support for entrepreneurship, along with discussions involving prominent business leaders.
08:47, 20 Dec
CEIR Forecast: Uzbekistan's GDP is expected to reach 6.5% in 2024.
In its updated report, the Center for Economic Research and Reforms (CERR) has revised its GDP growth forecast for Uzbekistan for 2024. The report highlights that the steady economic growth is attributed to the robust development of key sectors and an increase in investments.
08:47, 19 Dec
Eltech Industrial Tech Park has acquired two plots of land.
The Tashkent regional administration announced the allocation of two land plots for the Eltech Industrial technopark. This decision was signed by the regional leader, Zoir Mirzaev, on December 16.
08:47, 19 Dec
Uzbekistan will establish an Investment Fund for Advanced Pharmaceutical Projects.
On December 18, President of Uzbekistan Shavkat Mirziyoyev visited the Tashkent Pharma Park innovation cluster, where he held a meeting with leaders of pharmaceutical companies. The pharmaceutical industry, which holds significant economic and social importance, continues to receive robust support from the government. Over the past seven years, the production volume of pharmaceutical products in Uzbekistan has doubled, exports have increased elevenfold, and the number of enterprises has tripled. Investments totaling $750 million have been attracted to the sector.
08:47, 19 Dec
Shavkat Mirziyoyev visited the Grand Pharm Logistics Hub, a key logistics center.
The President of Uzbekistan, Shavkat Mirziyoyev, visited the Grand Pharm Logistics Hub, located in the Zangiata district of the Tashkent region, within the territory of the Tashkent Pharma Park innovation cluster.
08:47, 19 Dec
The increase in heating and hot water tariffs in Tashkent is insufficient to cover actual expenses.
On December 18, during a meeting of the Senate of the Oliy Majlis, Uzbekistan's Deputy Prime Minister and Minister of Economy and Finance, Jamshid Kuchkarov, stated that the increase in heating and hot water tariffs in Tashkent is only half of what is needed to cover actual expenses.
08:47, 19 Dec
Residents of Uzbekistan sold "green" electricity for 10.56 billion sums.
In the first ten months of 2024, over 6,500 citizens of Uzbekistan received payments totaling more than 10.5 billion under the "Sunny House" program, according to the press service of the Tax Committee.
08:47, 19 Dec
Qanot Sharq launches flights to Sanya, China.
Starting December 19, 2024, Qanot Sharq Airlines will commence regular flights from Tashkent to Sanya, a renowned resort located on Hainan Island.
08:47, 19 Dec
Uzbekistan will continue supplying electricity to Afghanistan in 2025.
Uzbekistan and Afghanistan have signed an agreement for the supply of electricity, as reported by the company Da Afghanistan Breshna Sherkat (DABS).
08:47, 19 Dec
AUGA has extended the deadline for submitting applications to purchase 100% of Autooin's shares.
The Agency for the Management of State Assets (AGSA) has announced an extension of the deadline for submitting bids to purchase 100% of the shares in the company "Avtooyna."
08:47, 19 Dec
The residential real estate market in Uzbekistan is strengthening its position.
Tashkent and the capital region maintain their dominant position in the market; however, significant growth is also being observed in other areas. Despite some fluctuations in secondary housing prices, an overall annual increase of over 6% indicates positive trends in this segment.
08:47, 19 Dec
The Senate approved several benefits along with amendments to the Tax Code.
During the second plenary session of the Senate, the law on "Amendments and Additions to the Tax Code of the Republic of Uzbekistan" was discussed.
08:47, 19 Dec
Uzbekistan and Egypt plan to enhance cooperation in the leather industry.
The chairman of the "Uzcharmsanoat" association, A. Sultonov, and the Egyptian ambassador to Uzbekistan, Tamer Hammad, discussed opportunities for collaboration in modernizing the leather industry.
08:47, 18 Dec
Saneg Oil Italy strengthens its presence in Europe.
Saneg Oil Italy, a European operator of Saneg, is continuing its successful growth by expanding its product distribution to Portugal. The initial shipment of 27 tons of motor and industrial oils and lubricants has been sent to the Portuguese distributor, Lubrifuel.
08:47, 18 Dec
The Indian company "TIL Healthcare" is planning to collaborate on pharmaceutical production in Uzbekistan.
The Director of the Agency for the Development of the Pharmaceutical Industry in Uzbekistan, Abdulla Azizov, held a meeting with a delegation from the Indian pharmaceutical company "TIL Healthcare." The company is interested in collaborating on the production of pharmaceuticals in Uzbekistan and exporting them to third countries, as reported by the news agency "Dunyo."
08:47, 18 Dec
Uzbekistan and Germany discussed the export of saffron and other products.
The Uzbek company "BMB HOLDING" intends to export its saffron under the brand name "BMB Za’faron" to Germany, reports the news agency "Dunyo."
