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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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…
As of January 1, 2023, 3,156 enterprises with the participation of Russian capital are operating in the country, the State Statistics Committee of Uzbekistan reports. In 2022, 20 percent of the total number of enterprises with foreign capital in the country were opened with the participation of Russian companies. More than 960 enterprises with Russian…
Kirill Gavrilin: “The fund of our university has more than 200 items of the cultural heritage of Uzbekistan”