Economy

Deadline for offers for 35.55% stake in UzbekUgol extended

State Commission for Tenders has announced its decision to extend the deadline for submission of offers within the frame of the open tender for the state’s shares in UzbekUgol (Uzbek Coal) in accordance with the Presidential Resolution of 20 July 2007 No. 672.

CAREC experts approved preparation program for 6th ministerial conference

The 8th consulting session of the Central Asia Regional Economic Cooperation (CAREC) Transport Sector Coordinating Committee (TSCC) took place on September 6-9 in Manila, announced the Kazakh Ministry of Transport and Communication.

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Uzbekistanis to be able to stay in Russia without registration for 15 days

28/01/2022Read more

Priority tasks for the development of school education have been identified

28/01/2022Read more

A delegation of Uzbekistan takes part in the meeting of the expert group on the creation of the CIS Human Rights Commission

28/01/2022Read more

Uzbekistan Airways Technics to make A-Check on KRASAIR’s Boeing aircraft

Uzbekistan Airways Technics, a subdivision of Uzbekistan Airways, has concluded a long-term deal with Russia’ KRASAIR airline on the line maintenance of its Boeing 757-200 and 767-200 aircraft.

Uzbek ’07 cotton fibre output seen lower at 1m tonnes

Uzbekistan, the world’s second biggest cotton exporter, expects to produce about 1 million tonnes of cotton fibre this year, down from 1.17 million tonnes in 2006, the government said on Monday.

METI plans to explore uranium in Mongolia, Uzbekistan -report

Japan’s Ministry of Economy, Trade and Industry (METI) plans to explore uranium reserves in former communist countries such as Mongolia and Uzbekistan in cooperation with local governments, industry paper The Denki Shimbun reported in its Tuesday morning edition.

Asian Development Outlook 2007 Update: Central Asia

The Asian Development Bank (ADB) has issued a new major report - the Asian Development Outlook (ADO) 2007 Update. The Update revises GDP growth projections made in March’s ADO 2007 for six of the seven countries in Central Asia (not Tajikistan). This lifts the subregional projection to 11.1% from 10.3%. In the first half of 2007, these countries showed evidence of quickening economic activity.

ADB upgrades developing Asia’s 2007 growth forecast to 8.3%

Developing Asian economies will register solid economic growth in 2007, driven by fast growth in the People’s Republic of China (PRC) and India, the Asian Development Bank (ADB) says in a new major report.

Turkish experts share experience on export promotion, strengthening export potential

Turkish International Agency for Cooperation and Development (TIKA) and United Nations Development Programme (UNDP) together with the Chamber of Commerce and Industry of Uzbekistan supported a visit of International Experts to Tashkent on 12-14 September 2007 for sharing experience of in export promotion.

Solar energy in Uzbekistan

An era of record-high oil prices topping US$80 a barrel has left investors and nations scrambling to develop alternative sources of energy. The theoretical annual potential of solar power is estimated to exceed all fossil fuels reserves by more than 10-20 times, UPI reported.

LUKOIL to invest US$300m in Kandym project in 2007

LUKOIL will invest US$300 million in 2007 to develop Kandym-Khauzak-Shady gas deposits, Andrei Podbolotov, LUKOIL Overseas Uzbekistan Ltd. general director, said in Tashkent.

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