The Minister of Investments, Industry and Trade of Uzbekistan Laziz Kudratov held talks with the Minister of Trade and Industry of Singapore Gan Kim Yong. During the dialogue, the historical significance of the state visit of the President of the Republic of Uzbekistan to Singapore was noted. “The events of these days will give a…
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On January 25, 10-year government bonds worth 10 billion soums were issued for the first time at the Republican Currency Exchange (UzRCE) . Also on that day, 5-year government bonds worth 174.5 billion soums were placed. The weighted average coupon payment on these securities amounted to 15% and 14.5% per annum, respectively, setting a benchmark for a 10-year period.…
In Uzbekistan, the main interest rate has been reduced by 1 percentage point – up to 16% per annum. According to the Central Bank, the decision to cut the rate was made against the backdrop of a gradual fading of negative short-term effects from external economic shocks, stabilization of the domestic foreign exchange market, recovery of foreign…
An article devoted to the interaction of Uzbekistan with other CIS states has been published on the information portal of the CIS Executive Committee. According to the publication, Uzbekistan is currently developing cooperation with partners within the CIS in three dimensions: in the field of politics and security, economic and humanitarian spheres. The priority tasks…
The process equipment of the future complex for increasing the production capacity of Shurtan gas chemical complex in Guzar district of Kashkadarya province worth $1.8 billion can be moved to Karakul district of Bukhara province for integration with Saneg’s plant. This is provided for by a draft behind-closed-doors resolution of the President of Uzbekistan. About…