Sunday, 25, February, 2024

Economy

The process equipment of the future complex for increasing the production capacity of Shurtan gas chemical complex in Guzar district of Kashkadarya province worth $1.8 billion can be moved to Karakul district of Bukhara province for integration with Saneg’s plant. This is provided for by a draft behind-closed-doors resolution of the President of Uzbekistan.

During the visit of the of the Uzbekistan government delegation to Islamabad, the Deputy PM Jamshid Khojaev held talks with the Prime Minister of Pakistan Shahbaz Sharif.

As part of the visit of the Uzbek government delegation to Azerbaijan, the Prime Minister Jamshid Khojaev held talks with the Minister of Economy of Azerbaijan Mikail Jabbarov.

Inflation in the consumer sector of Uzbekistan in 2022 toззув 12.25%, the State Committee on Statistics said in a report last Friday.

President Shavkat Mirziyoyev delivered a New Year's wishes to the people of Uzbekistan, which was broadcast on television.

Regular meeting of the interdepartmental commission in charge of the collaboration with the World Trade Organization (WTO) took place under the chairmanship of the Deputy PM/Minister of Investments and Foreign Trade, Jamshid Khodjaev.

On December 29, Minister of Investment and Foreign Trade of Uzbekistan Jamshid Khodjaev and Minister of Trade and Integration of Kazakhstan Serik Zhumangarin signed the road map for the implementation of investment agreements and trade contracts signed during the visit of the President of Kazakhstan to Uzbekistan.

According to the State Statistics Committee, as of December 1, the number of newly set up foreign-invested enterprises in Uzbekistan topped 2,577 in 2022.

On December 24, the President of Uzbekistan signed the Additional measures for the effective use of the tourism and transport potential of the Samarkand province, the development of the province based on the concept of" Samarkand - the tourist gate of New Uzbekistan Decree.

On December 25, the National Assembly of the Republic of Korea decided to provide 15 billion won (about $12 million) in a grant to Almalyk Mining and Metallurgical Combinat, the plant's press service reported.

Uzbekistan's international trade reached US$ 50 billion in January-November 2022, the Statistics Committee said in report. Reportedly, this is an increase of about US$ 6.8 billion, or 18 percent, compared to the same period last year.

Russia again surpassed China in terms of international trade due to the growth of Uzbek imports. The two-way trade between Uzbekistan and Russia reached $8.33 billion in eleven months, making Russia the main trading partner ousting China,  the State Statistics Committee said in a report.

Deputy PM/Minister of Economic Development and Poverty Reduction Jamshid Kuchkarov elaborated on how much gold had been produced in Uzbekistan over the past five years.

Regular meeting of the Legislative Chamber on Monday, where, the MPs considered the State Budget of the Republic of Uzbekistan for 2023 Bill, which was accompanied by remarks by Minister of Finance T. Ishmetov.

On December 15, President Shavkat Mirziyoyev chaired a conference call government meeting on improving energy supply in provinces and creating jobs.

At a regular meeting of the board of the Central Bank, the BOD members decided to keep the interest rate at 15% per annum, the press service of the Central Bank reported.

Badriddin Obidov, Deputy Minister of Investments and Foreign Trade/Chair of the Negotiation Group on accession to the World Trade Organization (WTO) landed in Geneva to attend the Trade Strategies Forum organized by the UNCTAD/WTO World Trade Center (WTC) and to hold a series of negotiations with WTO member-states for Uzbekistan's membership in the organization.

Uzbekistan is currently using electricity that Kyrgyzstan purchased from Turkmenistan but has promised to return it later, announced at a press conference the Chairman of the Turkmen National Energy Holding Talaibek Baigaziev.

Uzbek government delegation visited South Korea in order to further expand hiring Uzbeks for South Korea jobs, Dunyo reported.

GDP growth per capita this year slowed down by 1.7% to the same period last year. According to the State Statistics Committee, per capita GDP grew by 3.6% in January-September 2022.