The pandemic has had a significant impact on the world real estate and car markets, all countries of the world have felt its consequences, and Uzbekistan is no exception. Economists are confident that changes in demand in the real estate and auto markets are one of the main indicators of economic recovery, since the demand…
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Negotiations on the implementation of new investment projects based on the localization program were held between the Uzcharmsanoat Association and the German company PeconTrade. It should be noted that Pecon Trade is considered the largest German company for the production of import substitution products. It has already successfully launched a large enterprise for the production…
Governments and religious leaders in Muslim-majority nations are talking to vaccine makers, investigating production processes and issuing guidance in an effort to make sure concerns about products prohibited by Islam don’t interfere with Covid-19 inoculations, foreign media reported. On Friday, the high clerical council in Indonesia, with the world’s largest Muslim population, said that China’s…
Today the Governments of the United States of America, the Republic of Kazakhstan, and the Republic of Uzbekistan are announcing the launch of the Central Asia Investment Partnership. The participants welcome other countries to join this initiative to promote regional economic partnership and prosperity. Through this initiative, the U.S. International Development Finance Corporation (DFC), Astana…
Uzbekistan plans to master investments in fixed assets in the amount of more than 251.08 trillion soums in 2021. On 31 December 2020, the Government of Uzbekistan approved an investment program for 2021-2023. According to the document, in 2021-2023 Uzbekistan intends to master investments in fixed assets in the amount of more than 928.7 trillion…