Thursday, 17, August, 2017

Economy

The meeting of the Uzbekistan-Kyrgyzstan Intergovernmental Commission on bilateral cooperation was held yesterday, in which Prime Minister of Kyrgyzstan Sooronbay Jeenbekov made opening remarks: "I am sincerely glad to meet you.

President Shavkat Mirziyoyev signed  a resolution yesterday pursuant to which Almalyk Mining and Metallurgical Combine (AMMC) will allocate additional $ 420 million to expand its resource base.

Mubin Mirzaev, who was the Deputy minister of finance since 2008, was appointed First deputy Minister of economy responsible for macroeconomic policy, development of basis industries and relations with international financial organizations.

President Shavkat Mirziyoyev today took part in the inaugural ceremony of Second Phase of Development of Almalyk Mining and Metallurgical Comlex Project, UzA reports.

Uzbekistan is ready to build new railway line in Afghanistan, the deputy chairman of the Board of JSC Uzbekistan Railways Davron Dekhkanov said at a meeting of the international press club on Wednesday.

Uzbekistan's foreign trade turnover in the first half-year of 2017 reached US$ 12.072 billion, an increase of 11.1% to the same period last year, the Statistics Committee said. The exports amounted to 5.969 billion dollars (+ 13.1%), imports - 6.102 billion dollars (+ 9.2%).

Uzbekistan’s GDP in the first half-year grew by 7% to the same period in 2016, reaching 102.702 trillion soums, the State statistics committee said.

UzbekEnergo announced that it has completed the Construction of External Power Supply for Kandym Gas Processing Plant Project.

France-based EDF has secured a contract from UzbekEnergo to provide consultancy services for two new 450 MW each  combined cycle thermal power units in the Syrdarya province, UzbekEnergo announced in a statement.

President Shavkat Mirziyoyev signed a Measures to Ensure Uzbekistan’s Need in Ferrous Metal Rolling and Metallurgical Raw Materials Decree which paves way for imports into Uzbekistan of 50 thous. tons of rolled ferrous metals under contracts with manufacturers or their official dealers (distributors), without holding tenders.