Uzbekistan’s average annual GDP growth in 2007-08 is expected to be higher than in 2006, the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) said in its survey presented on 18 April.
Asia-Pacific countries are set to grow by over 7% this year, although the region will face several economic challenges, primarily the management of exchange rates, the United Nations says on 18 April in its annual regional economic review.
Chamber of Commerce and Industry of Uzbekistan is organizing a visit of Ukrainian businesses to Uzbekistan on 25-26 April.
The Union Minister of Textiles of India Shri Shankersinh Vaghela visited Kazakhstan and Uzbekistan with high level delegation.
Afghanistan is planning to purchase electricity from neighbouring Uzbekistan and Tajikistan and the country started to construct electricity network in direction to these countries, Itar-Tass reported quoting Afghan official.
Top Asian oil refiner Sinopec Corp. has decided not to proceed with an energy project in Uzbekistan, an Uzbek government source said.
Expert Council of Business Forum of Chamber of Commerce and Industry of Uzbekistan on trade development and export promotion will holds its session on 24 April to discuss creation of Uzbekistan Exporters’ Association.
China’s Shengli Oilfield Dongsheng Group has pulled out from an oil field redevelopment joint venture in Uzbekistan amid high resource development tax in the Central Asian state and inability to sell its equity crude at international market levels, the company said in a statement on Monday.
Uzbek state-owned metals and mining company Almalyk Mining-Metallurgical Complex, or AGMK, has announced a tender to build two mining and processing plants at two Uzbek polymetallic deposits, a spokesman with AGMK said Wednesday.