According to preliminary data, in January-October 2021, enterprises of Uzbekistan produced industrial products worth 356.1 trillion soums, the index of physical volume of industrial production by the same period in 2020 amounted to 109.5%, the State Statistics Committee of Uzbekistan. In the structure of production, the largest share falls on manufacturing enterprises (82.9%), the volume…

According to the results of January-October 2021, Uzbekistan’s foreign trade turnover reached US$32.65 billion, which, compared to the same period in 2020, increased by US$2.55 billion (an increase of 8.5%), the State Statistics Committee of Uzbekistan said. Of the total volume of the foreign trade turnover, exports amounted to US$12.43 billion (by January-October 2020, a…

The Muruntau gold mine, located in the Qizilqum (aka Kyzyl-Kum) desert in Uzbekistan, is the world’s biggest open-cast gold mine. Discovered in 1958, surface mining started in 1967 and dug the giant kilometers-wide hole that the mine is today. Owned and operated by Uzbekistan’s state Navoi Mining & Metallurgy Kombinat (NMMC), it is also going…

To support the initiative of Uzbek President Shavkat Miromonovich Mirziyoyev’s to implement cotton textile clusters and develop agriculture, Posco International Textile has expressed its readiness to set up such a cluster. This was discussed during a recent meeting of the company management with the Uztekstilprom Association chairman Ilkhom Khaydarov. The company will start work on…

Uzbekistan has become the first country in the world to join the UK’s GSP Enhanced Framework. The Ministry of Investments and Foreign Trade of Uzbekistan and the British Embassy in Tashkent held a press conference on November 22, during which it was announced that Uzbekistan had become the first beneficiary of the Enhanced Framework of the Generalized…