Fitch Ratings has assigned JSC UzAuto Motors’ (UAM; B+/Stable) USD300 million senior unsecured Eurobond due 2026 a final senior unsecured ‘B+’ rating. The Recovery Rating is ‘RR4’/50%.
The United States Agency for International Development (USAID), in collaboration with TCS Logistics (Pakistan), successfully launched the first pilot shipment to Central Asia under the Transports Internationaux Routiers (TIR) Convention, a customs agreement that facilitates the international transport of goods.
The Agency for State Assets Management of Uzbekistan (AUGA) has published a list of the most profitable and unprofitable state-owned companies for 2020.
According to the State Committee on Statistics, in the first quarter of 2021, 5,080 enterprises of Uzbekistan for the production of textile products produced textile products worth 11.5 trillion soums.
According to the State Statistics Committee, 65,721 tons of vegetables were grown in the republic in the 1st quarter of 2021. This is a 5.0% increase compared to the same period of last year.
On 4 May 2021, a government delegation of Uzbekistan, as part of its stay in Saudi Arabia, visited the city of Medina.
On 4 May 2021, in Mecca, Deputy Prime Minister - Minister of Investment and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov discussed with the Minister of Commerce of the Kingdom of Saudi Arabia Majid bin Abdullah al-Kassabi the prospects for increasing trade cooperation between two countries and practical measures to increase the Uzbek-Saudi trade turnover.
On 4 May 2021, Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov held a meeting with President of the Islamic Development Bank (IDB) Group Bandar Hajjar, during which issues related to preparation and holding in Tashkent of the 46th Annual Meeting of the Board of Governors of the IDB Group.
In order to ensure suburban traffic in the Tashkent transport hub with the subsequent integration of suburban traffic into the city transport system, the joint stock company “Uzbekiston Temir Yollari” plans to purchase new rolling stock and increase passenger traffic in suburban traffic in the near future, the press service of the department reports.