In January-November 2021, Uzbekistan’s foreign trade turnover reached US$37.94 billion, which, compared to the same period in 2020, increased by US$4.95 billion (an increase of 15.0%). This was reported by the State Statistics Committee of Uzbekistan. Of the total volume of the foreign trade turnover, exports amounted to US$15.45 billion (an increase of 8.9% was…

UzAuto Motors from 20 December 2021 to 1 February 2022 suspends accepting new applications for the sale of Nexia, Spark, Cobalt, Lacetti cars. This was reported by the press service of the company. During this period, the company will focus all its efforts on the production of pre-ordered vehicles. This decision was made due to…

The European Bank for Reconstruction and Development (EBRD) is stimulating the local production of pharmaceuticals in Central Asia’s most populous country, Uzbekistan, by extending a senior loan of up to US$ 5 million to local producers Nika Pharm. Nika Pharm is an established manufacturer of generic pharmaceuticals and prescription drugs for use in the treatment…

Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov met with the Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Republic of Uzbekistan Manish Prabhat. The agenda of bilateral cooperation with a focus on interaction in the investment, trade, economic, cultural, and humanitarian spheres…

New transport and transit projects will contribute to economic recovery and recovery in the post-period period for the countries of Central and South Asia. This point of view was expressed by the deputy director of the Institute for Strategic and Interregional Studies (ISMI) under the President of Uzbekistan Sanjar Valiev speaking at the expert meeting…