Economy

Uzbekistan, South Korea to set venture to develop uranium deposit

The Committee on Geology and Natural Resources of Uzbekistan plans to set up the joint venture with Korea Resources Corp to develop Jantuar uranium deposit in Central Kyzylkums, the first deputy chairperson of the committee Ilkhom Turamurodov said at the MiningWorld Uzbekistan 2007 in Tashkent.

Uzbek-US fish processing firm in central region increases export

Fish produced by the Uzbek-US joint venture Aqua-Todakol in the town of Navoiy [central Uzbekistan] have found their customers within the short period of time.

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Rosatom plans to build the first nuclear power plant in Uzbekistan

08/06/2023Read more

Relations between Uzbekistan and Italy have reached the level of strategic partnership

08/06/2023Read more

President of Uzbekistan and the Prime Minister of Italy discuss the priorities for the development of multifaceted cooperation

08/06/2023Read more

IMF sees the growth boom continuing in the Caucasus and Central Asia, but highlights inflation concerns

The International Monetary Fund’s latest Regional Economic Outlook sees continued strong growth in the Caucasus and Central Asia, but highlights the need to tackle rising inflation. Mr. David Owen, Senior Advisor in the IMF’s Middle East and Central Asia Department, presented the report’s main findings for the region.

Uzbekistan, South Korea discuss cooperation in energy sector

Joint committee of Uzbekistan and South Korea on cooperation met in Tashkent to discuss cooperation of the countries in energy and natural resources, UzA reported.

China allocates US$41.7m credit to build fertilizers plant in Uzbekistan

Eximbank of China allocated US$41.7 million to Uzbekistan to build a plant of potash fertilizers, Reuters reported in Russian quoting the source Uzpromstroybank (Uzbek Industrial and Construction Bank).

Cargo turnover between Iran and Uzbekistan exceeds 293,000 tonnes in Jan-Apr

In the first four months of this year the volume of cargo turnover between Uzbekistan and Iran made up 293,000 tonnes, UzReport.com reported.

Central Asia power project to link four countries

Four countries are expected to give the green light this month to a project that would lead to the first significant electricity transfer from central Asia and help resolve seasonal power shortages in Pakistan and Afghanistan, Financial Times reported.

Uzbekistan recycles waste of processed fruits and vegetables

Uzbek scientists developed a new technology of the utilization of waste of fruit and vegetable processing in food industry.

Tourists from countries of Benelux choose Uzbekistan

A large group of tourists from Belgium and Luxemburg is now visiting Uzbekistan. The group consists of 125 people and includes business people, public and political officials of both countries, people of different age groups and interests. But all of them are united by one important common feature - love and respect for the history and culture of the people of Uzbekistan.

ADB assists in rehabilitation of road network in Central Asia to foster trade

The Asian Development Bank (ADB) is providing financial assistance to rehabilitate a key regional road network to reduce transport costs and foster trade and cooperation among Kyrgyz Republic, Tajikistan, other Central Asian nations, and neighboring People’s Republic of China (PRC).

Currency rates from 30/05/2023

$ 1 11420.20 +0.046%
€ 1 12239.03 -0.122%
₽ 1 142.76 +0.140%
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