The government has appointed Md Zahangir Alam, currently serving as additional secretary of the Legal Affairs Wing of the Ministry of Foreign Affairs, as the next ambassador of Bangladesh to the Republic of Uzbekistan. Ambassador-designate Zahangir belongs to 1986 batch of Bangladesh Civil Service (BCS) Administration cadre. In his career, he served in various capacities…
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Few countries in the world are undertaking a liberalisation of their energy sector on the scale of Uzbekistan, as its government continues its effort to open up the country’s economy to more foreign direct investment (FDI). Power Technology reports in its article Uzbekistan energy minister makes ambitious plans that the population of Uzbekistan is growing fast and electricity…
For a long time, a major issue that has plagued international trade is that payments are received many weeks, and sometimes even months, after the delivery of the goods. Such delays inevitably lead to cash flow problems for exporters, especially the small and medium-sized enterprises (“SMEs“), and can be further worsened by non-payment by the…
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of US $165.5m to improve road efficiency, safety and climate resilience of major cross-border roads in the Bukhara region in Uzbekistan. Good road connectivity is an essential growth driver in landlocked Uzbekistan. The country’s road network plays an important role in transporting goods and…
Uzbekistan filed an official application for the beneficiary status of the European Union’s General System of Preferences Plus (GSP +), the Ministry of Investment and Foreign Trade (MIFT) said. “Uzbekistan’s obtaining this status will help significantly increase the volume of exports to the EU and increase the competitiveness of Uzbke goods in the European market,…