President of Uzbekistan Shavkat Mirziyoyev signed a decree “On Uzbekistan’s Development Strategy “. The document has approved Uzbekistan’s Five-Area Development Strategy for 2017-2021 which was developed following comprehensive study of topical issues, analysis of the current legislation, law enforcement practices, the best international practices, and following public discussion. The Decree has created a National Commission responsible…
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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…
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…