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Uzbekistan

17.05.2013

The president of Uzbekistan Islam Karimov received on Thursday the Minister of Foreign Affairs of Latvia Edgars Rinkevics who arrived in Tashkent on an official visit, Uzbekistan National News reported.

Regular Uzbek-Latvian intergovernmental dialogue on a broad agenda allows not only to consider the practical issues of bilateral and multilateral nature, but also to openly exchange opinions and assessments on important regional and international issues, said the president during the meeting.

17.05.2013

GM Uzbekistan JV (formerly UzDaewooAuto JSC in Asaka, Andijan region) decreased its car sales in Russia in January-April 2013 (the main export market for the automobile) by 13 per cent to 20,139 units compared to the same period of 2012, the Automobile Manufacturers Committee of the European Business Association said.

According to the report, some 11,663 Nexia cars were sold in the first four months this year on the Russian market, decreasing by 15 per cent and 8,476 Matiz mini cars, which decreased by 10 per cent.

17.05.2013

Uzbek Foreign Minister Abdulaziz Kamilov received Ambassador Extraordinary and Plenipotentiary of Pakistan, Mohammad Waheed-ul-Hasan on May 17 in connection with the completion of his diplomatic mission to the country, the Uzbek Foreign Ministry said on Friday.

According to the report, during the meeting, the parties discussed the current state and prospects of Uzbek-Pakistani relations and certain issues of international and regional importance.

13.05.2013

An amendment to the law "On insurance activity" has entered into force in Uzbekistan. According to the law, the specially authorized state body (State Insurance Supervision Service under the Ministry of Finance) and its employees have an exceptional right to participate in the share capital and management bodies of public joint-stock companies "Uzagrosug'urta", "Kafolat" and UzbekInvest NEIIC.

13.05.2013

A Boeing 757-200 aircraft of Kazakh airline "Air Astana" carrying out Tashkent-Almaty flight, made an unplanned technical landing at the airport of the Shymkent city, the airline reported.

"The aircraft flew from Tashkent at 13:15 local time on Friday, and at 14:10 local time landed in Shymkent in connection with the problems in one of the air conditioning systems. None of the 136 passengers on board of the aircraft was injured," the statement said.

The passengers of the flight were sent from Shymkent to Almaty by a Airbus A321

07.05.2013

The next round of political consultations was held in Vienna (Austria). The delegations of the Uzbek Foreign Ministry and the Austrian Federal Ministry for European and International Affairs discussed the state and prospects of the Uzbek-Austrian-sided dialogue, the Uzbek Foreign Ministry said today.

07.05.2013

New increased customs rates and excise duties on imports of cigarettes have been in effect in Uzbekistan since May 1, a source in the government told Trend with reference to a presidential decision.

According to the source, the specific rate of import duties on tobacco cigarettes or tobacco substitutes (code 2402 20 900) is now set at $5 per 1,000 cigarettes compared to the former marginal rate of $3. The decree is titled "Additional measures on increasing production and expanding the range of domestic consumer goods".

06.05.2013

Uzbekistan has increased the excise duty on a number of imported foodstuffs, a source in government circles informed Trend with the reference to the corresponding decree by the head of state.

In particular, starting May 1, the combined rate of excise duty on beer totals 100 per cent, but not less than $1.3 per litre compared to the previous rate of 70 per cent, but not less than one dollar a litre.

Excise duty on finished or preserved meat and related by-products increased from 50 to 70 per cent of the customs value.

29.04.2013

The State Committee on Geology and Mineral Resources (Goskomgeo) of Uzbekistan and Korean Shindong Resources Co. (Shandong) plan to create a joint venture for the construction of a mining and processing plant at the Sautbay tungsten deposit worth $145 million in the near future, Shindong's general manager Shin Yang Woo said at the 6th Tashkent International Investment Financial Forum.

The joint venture will be created on a parity basis, and a memorandum on its establishment may be signed by the end of May.

29.04.2013

During the past five years, the aggregate capital, assets and total loan portfolio of banks in Uzbekistan grew more than threefold, Deputy Chairman of the Central Bank of the country Ahadbek Haydarov stated on Friday, speaking at the sixth International Investment and Finance Forum held in Tashkent.