It is a great honor for me today, 1st September 2020, to deliver my warmest congratulations to the Uzbek people through Uzbangla with regards to the celebration of the 29th anniversary of the Independence of the Republic of Uzbekistan. Upon assuming power in 2016, President Shavkat Mirziyoyev began putting in place economic, financial and foreign…
Uzbek garment-textile exports rose by 112 per cent to $1 billion from January to July as new markets opened up and new products were developed. During the period, the country exported textile-garment products to 57 countries and regions. The main destinations were Russia (39 per cent), China (18 per cent), Kyrgyzstan (13 per cent) and…
Bangladesh remains one of the top sourcing destinations after China for international clothing retailers and brands even during the coronavirus pandemic because of its competitive prices, according to a new report by leading supply chain compliance solutions provider QIMA. After Vietnam, India and Bangladesh, alternative sourcing options of choice are still largely countries in Asia,…
Uzbekgidroenergo plans to obtain an international credit rating, issue bonds for placement on the London Stock Exchange and other plans. They are associated with the step-by-step implementation of the task of introducing the transition to International Accounting Standards (IAS) in the joint-stock company. International accounting standards cover a wide range of transactions, while relying on…
At a regular meeting of the Legislative Chamber of the Oliy Majlis, held on 26 August 2020, the draft law “On personal subsidiary plots” was discussed in detail in the first reading. At the meeting, the deputies noted some inconsistencies in previous laws and current legislation. For example, the current legislation provides for liability for…