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…
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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…
After meeting with the activists of Bektemir district, the President of Uzbekistan Shavkat Mirziyoyev inspected special cars that are planned to be produced in Uzbekistan. During the official visit of the President of Uzbekistan to Germany in January 2019, an agreement on cooperation was signed between Uzavtosanoat and the Volkswagen concern. The agreement envisages the…