The pressure to repay the foreign debts is mounting on the country gradually. The repayment of foreign debts has exceeded USD 2 billion in the first eight months of the current fiscal. Bangladesh had to repay a total of USD 2.03 billion from July to February, which is 43 per cent more as compared to…
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President Shavkat Mirziyoyev signed a decree approving an investment agreement to launch the production of BYD electric and hybrid vehicles and their components in Uzbekistan on Monday. Earlier in August 2022 Uzavtosanoat and BYD Auto agreed to launch the production of full-cycle cars in Uzbekistan back. Prior to this, the parties conducted a study of…
The Uzbekistan nuclear power plant project will be international, with various countries being able to be involved in it, said the first deputy chief/director of the development and international business unit at the Russian Rosatom Kirill Komarov, RIA Novosti said. Negotiations between Uzbekistan and Russia on a contract for the nuclear power plant project are…
The delegation of Uzbekistan headed by the Minister of Foreign Affairs Bakhtiyor Saidov held a meeting and negotiations with several officials of the interim government of Afghanistan during their visit to the city of Kabul. “During our visit to Kabul, we held meetings with a number of officials of the interim government of Afghanistan –…
In 2023, Uzbekistan’s international trade reached US$ 62.6 billion. According to the statistics agency, Uzbekistan’s international trade in 2023 increased by 23.9% compared to 2022. Of which: the export – $24.4 billion (a 23.8% increase), import – $38.1 billion (increase by 24%). China (21.9 %), Russia (15.8 %), Kazakhstan (7 %), Turkey (5 %), and…