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29 Jun 2022

New opportunities identified for the development of cotton growing and the textile industry

On 28 June, President of Uzbekistan Shavkat Mirziyoyev chaired a videoconference on measures to increase cotton yields and increase exports of textile products.
22 Jun 2022

Declaration on deepening Uzbek-Azerbaijani strategic partnership signed

Following the fruitful negotiations held at Kuksaroy, a document signing ceremony was held.
17 Jun 2022

Over 49 billion soums of tax debt repaid by automatic transfer

From 1 May 2022, the offset of the amount of overpaid tax towards repayment of debts on another tax for legal entities (except for VAT, personal income tax and social tax) was automated. This was reported by the press service of the State Tax Committee.
14 Jun 2022

The state of affairs in standardization considered

On 13 June, President Shavkat Mirziyoyev held a meeting on improving efficiency in standardization and certification.
10 Jun 2022

ADB and AIIB: Review Mission on ongoing joint projects in the railway sector

A delegation of the Asian Development Bank (ADB) is visiting Uzbekistan these days. The objects of the current mission will be the railway sector, its achievements and the prospect of development in the key of bilateral cooperation.
9 Jun 2022

Subsidies to be allocated for the use of water-saving technologies for growing cotton and grain crops

Government resolution approved the Regulations on the procedure for reimbursement of part of the costs for the purchase of equipment, such as renewable energy sources and mobile generators, for irrigating cotton and cereal crops.
7 Jun 2022

S&P affirms Uzbekistan’s rating at ‘BB-’

The international rating agency S&P Global Ratings has confirmed the sovereign rating of Uzbekistan in foreign currency at BB- with a stable outlook, the agency said in a press release.
2 Jun 2022

EBRD supports green innovation in Uzbekistan’s agribusiness sector

The EBRD is promoting green technologies in Uzbekistan’s agribusiness sector by organising a financial package of up to US$6.3 million to Milk Euro Food, a Chirchik-based producer of butter and spreads. Up to US$750,000 of the loan amount will be provided by the TaiwanICDF.
20 May 2022

World Bank’s new flagship report identifies key challenges and opportunities for Uzbekistan’s development

The World Bank released its new Systematic Country Diagnostic analyzing key challenges and opportunities for Uzbekistan’s development. It contains policy recommendations for removing barriers to private sector growth, reducing the state’s role in the economy, focusing on people and their human capit...
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