World ending stocks are projected to decline during 2007/08 by 1.3 million ton to 11.4 million tonnes as a result of the gap between world production and consumption, according to the latest projections from the International Cotton Advisory Committee (ICAC).
The third meeting of the Turkmen-Uzbek joint commission for trade-economic, scientific-technical and cultural cooperation was held in Ashgabat from 31 January to 2 February. It has resulted in signing a bilateral protocol.
Iran’s Customs Governor Hashem Rahbar, who is in Tashkent for an official visit, discussed ways of promoting mutual cooperation with his Uzbek counterpart Sadrkhan Naserev Monday afternoon.
The head of Iran’s Customs Authority has arrived in Tashkent to discuss greater cooperation between Iran-Uzbekistan customs administrations, Press TV of Iran reported.
Lukoil Overseas, Uzbekneftegaz and the Jarkurgan refinery plant have successfully introduced the multi-modal transportation of gas condensate produced in the Khauzak field in Bukhara region of the Republic of Uzbekistan.
A seminar has been held at Sergi Kosgi exhibition center which is currently hosting the national exhibition of the Republic of Uzbekistan. Heads and specialists of the agricultural complex of Turkmenistan, agricultural scientists, teachers and students of the Turkmen agricultural university as well as business representatives of Uzbekistan attended the seminar. Members of the Turkmen-Uzbek joint commission for trade-economic, scientific-technical and cultural cooperation were also invited to the seminar.
Uzbekistan has restored full gas supplies to neighbouring Tajikistan after Tajikgas repaid a US$7 million debt, a pro-government website press-uz.info reported citing an Uzbek gas company executive.
Uzbekistan-focused Oxus Gold PLC said shareholder RAB Special Situations (Master) Fund Ltd has agreed to extend the option granted to Zeromax GmbH to buy up to 46.75 mln Oxus shares from RAB at 80 pence each.
An exhibition of products made in the Republic of Uzbekistan has opened at Sergi Kosgi national exhibition center in Ashgabat. The exhibition has been organized by the Chamber of commerce of Turkmenistan jointly with the Chamber of commerce of Uzbekistan, the Ministry of foreign economic relations, investments and trade of Uzbekistan and OAO Uzexpotsentr. The exhibition is dedicated to a regular meeting of the Turkmen-Uzbek intergovernmental commission attended by more than 250 heads and specialists of the ministries, organizations, state committees, plants, firms and companies of Uzbekistan who arrived in Ashgabat.