Thursday, 20, February, 2020

Economy

The Russian Power Machines completed the modernization of two power units of the Syrdarya Thermal Power Plant, the largest TPP in Uzbekistan, having completed the phase I of its reconstruction, the Ministry of Energy said in a statement.

Shavkat Mirziyoyev signed the Measures to Implement Tasks Outlined in Uzbekistan’s Agriculture Development Strategy for 2020–2030 Decree.

Uzbekistan and Tajikistan launched the talks to jointly build two hydropower plants on the Zarafshan River in Tajikistan, the Uzbek Ministry of Energy said.

In January-December 2019, the Uzbekistan average monthly salary before tax topped 2.32 million soums or US$ 245, an increase by 27.5% year-to-year, the State Statistics Committee said in a report.

At the Ministry of Transport was held a meeting with executives of Deutsche Bahn. The First Deputy Minister of Transport Ilkhom Mahkamov held talks with the delegation of the company led by the Regional director for Eastern Europe, Russia and CIS, Vincent van Houten.

Uzbekistan and the UAE’s Mubadala signed an agreement on the privatization of the Talimarjan TPP, the Ministry of Investment and Foreign Trade said.

Uzbekistan could stop exporting natural gas by 2025, the PM Abdulla Aripov said at a meeting of the Political Council of the Liberal Democratic Party (UzLiDeP) in Tashkent on Saturday.

The Ministry of Investment and Foreign Trade and Masdar (UAE) signed an agreement for a 400 MW wind farm project in Navoi province.

In 2019, Uzbekistan’s international trade in goods and services reached US$ 42.2 billion, an increase by US$ 8.7 billion, or 26.2% year-to-year.

Uzautosanoat, the Chinese Sinotruk International Investment Limited and the German MAN Truck & Bus SE signed a joint venture agreement for UZ Truck and Bus Motors to be based at JV MAN Auto-Uzbekistan plant, Uzavtosanoat said in a statement.