Economy

Uzbekneftegaz: 557.3 million cubic meters of natural gas, 6.9 thousand tons of gas condensate and 1.3 thousand tons of oil were additionally produced in 1Q

In January-April 2021, in the departments and enterprises for the extraction and processing of oil and gas of Uzbekneftegaz JSC, a number of works were carried out aimed at increasing the volume of production and processing of hydrocarbons.

CERR: the cost of vegetable oil decreased by 0.5%

Ensuring the stability of food prices is seen as one of the main functions of the state in ensuring food security. Work in this direction is currently particularly relevant, and, one might say, vital. In the context of the global crisis, strong volatility of world prices for food products, it is extremely important that the domestic market is resilient to price shocks.

Latest News

Uzbekistan hosts the regular VII meeting of the CIS Industrial Policy Council

14/05/2021Read more

A new building to be built for the Republican Center of Oncology

14/05/2021Read more

Condensate thefts committed in Gazli fields

14/05/2021Read more

EBRD, EIB and PROPARCO provide €87.4 million for construction of Total Eren’s solar power plant in Uzbekistan

The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an €87.4 million financing package jointly organised by, the European Bank for Reconstruction and Development (EBRD), the European investment Bank (EIB) and PROPARCO, a subsidiary of Agence Française de Développement. The funds will be used to construct and put into operation a 100 MW photovoltaic solar power plant near the city of Samarkand.

Uzbekistan exports cars for US$87.4 million in January-March

Uzbekistan exported cars for US$87.4 million in January-March 2021, the press service of the State Statistics Committee of Uzbekistan said in a statement.

Tasks for the further development of systems of technical regulation, standardization, certification and metrology were discussed

The Ministry of Investments and Foreign Trade discussed issues of further development and bringing systems of technical regulation, standardization, certification and metrology in line with international standards. It was attended by the leadership of the Ministry of Investment and Foreign Trade and the Agency Uzstandard.

What prices are expected on Uzbekistan Airways domestic flights?

After the weakening of quarantine measures, Uzbekistan Airways began to restore flights to intra-republican directions. Moreover, processes were carried out to increase the frequency of flights and open new intra-republican routes.

How the infrastructure of economic zones will improve?

A press conference of the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan was held at the Agency of Information and Mass Communications to discuss the further development of the engineering and communication infrastructure of free economic and small industrial zones in the Republic.

Priority - new mutually beneficial agreements with French partners

The Ministry of Investment and Foreign Trade discussed the current state of ongoing investment projects and trade agreements with French partners, as well as preparations for upcoming events with the participation of French government and business circles - on 11 May 2021 in Tashkent will host the 8th meeting of the Intergovernmental Commission on trade and economic cooperation between the Republic of Uzbekistan and the French Republic, as well as the Uzbek-French business forum.

Project in 5 areas: towards rural development through people development

It is possible to make rural infrastructure truly modern through the development of the villagers themselves. This is the goal of the Rural Infrastructure Development project, which covers more than 300 rural settlements in 5 regions of Uzbekistan.

Temporary restrictions on flights to India and Turkey introduced

Uzbekistan restricts air traffic with Turkey and India, the press service of the Ministry of Transport said.

Currency rates from 12/05/2021

$ 1 10542.66 +0.123%
€ 1 12826.20 +0.139%
₽ 1 142.58 +0.183%
Other currencies »