Uzbekistan, China strengthening interregional cooperation

In order to widely use the potential of the regions of Uzbekistan and China in the further development of trade-economic and investment cooperation between the two countries, the Embassy of our country organized a “business workshop” with the participation of representatives of the authorities and business circles of Karakalpakstan, Namangan region and the Chinese province … Read more

Uzbekistan’s foreign trade turnover reaches $13.2 billion over three months

The foreign trade turnover of Uzbekistan amounted to $13.2 billion in January-March 2022. During the reporting period, the republic exported products ($5.2 billion) and services ($568 million) for a total of $5.8 billion, the State Statistics Committee said. Imports, in the meantime, were recorded at $7.4 billion (products – $6.8 billion, services – $530 million). … Read more

Presidential decree: Exporters will be provided with benefits and subsidies

According to the document, exporters will receive subsidies to compensate for expenses, including up to 70% of transportation costs, young entrepreneurs will receive loans and more. The presidential decree “On additional measures to support participants in foreign trade activities” will strengthen measures to support and stimulate the export activities of domestic business entities. In particular, … Read more

Statistics Committee names Uzbekistan’s major trade partners

The State Statistics Committee has named major trade partners of Uzbekistan for January-February 2022. According to the committee, the following countries had the highest share in Uzbekistan’s exports during the reporting period: – Russia – $346.8 million – China – $310.5 million. – Turkey – $238.4 million – Kazakhstan – $141.7 million – Kyrgyzstan – … Read more

MIFT: Uzbekistan and the United States intend to deepen mutually beneficial partnership in the economic sphere

ior service Uzbekistan

On March 17-18, a government delegation of Uzbekistan headed by Deputy PM – Minister of Investment and Foreign Trade Sardor Umurzakov visited Washington (USA), a Dunyo correspondent reports. According to the Ministry of Investment and Foreign Trade (MIFT), during the two-day visit, meetings were held with World Bank President David Malpass and Vice President for … Read more

Uzbekistan increased exports by 20% in Jan-Feb 2022

ior service Uzbekistan

Foreign deliveries of building materials almost doubled, electrical engineering increased by 1.5 times, fruits and vegetables – by 1.3 times. On March 7, Shavkat Mirziyoyev held a meeting on the socio-economic development of industries and regions, Spot reported with reference to the presidential press service. It was noted that in January-February, $687 million of foreign … Read more