The Minister of Investments, Industry and Trade Laziz Kudratov has met with the Chairman of Indorama Corporation Prakash Kejriwal, in Singapore. The parties discussed issues of further deepening cooperation. Indorama Corporation has established and successfully operates a cotton yarn production enterprise in Uzbekistan’s city of Kokand, a textile cluster for the production of yarn and…
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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…
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…
Uzbekistan’s textile potential presented at the exhibition in Germany