Uzbekistan and Afghanistan signed US$ 68 million worth of 25 export contracts and a memorandum of cooperation to supply oil and gas products to Afghanistan at the Uzbekistan-Afghanistan Business Forum and Matchmaking Session on Monday, the Uzbek Ministry for Investment said in a statement.
The Forum of the Provinces of Uzbekistan and Belarus will take place in Minsk in late July - early August as part of the planned visit of the President of Uzbekistan to Belarus, the upper house of parliament said.
The jeans production company VINTAGE DENIM was inaugurated on June 14 in Olmaliq city of Tashkent province. The 150 thousand jeans and jumpers annual capacity facility has now 100 high-tech sewing machines and employs 250 people.
US$ 320 million worth of 39 deals were signed at the Doing Business in Namangan international investment forum, the Foreign Ministry said.
The Uzbekistan-Afghanistan border trade zone, set up at the Termiz Cargo export center, was inauguaretd today in the Termiz distrcit of the Surkhandarya province. The ceremony took place in the framework of the Uzbekistan-Afghanistan business forum, UzA said.
Presidents Shavkat Mirziyoyev and Moon-Jae-in attended the opening of the Uzbekistan-Korea Republic Business Forum. Uzbekistan and South Korea are long-term investment partners. The volume of Korean investments attracted to the Uzbek economy surpassed US$ 7 billion. The Korean National Oil Company, Eximbank, leading, including Kogas, Lotte group, Samsung, Hyundai, Shindong Resources are involved in the priority projects.
Georgian TBC Bank has bought the 51% stake in Inspired LLC, which owns the PayMe digital payment system in Uzbekistan for US$ 5.5 million, the bank said in a statement.