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President of Uzbekistan meets Coca Cola head, voices support to company’s projects
President of Uzbekistan and chairperson and CEO of Coca Cola James Quincey discussed expanding investments, broadening product range, and personnel training. On Wednesday, the company opened its fourth plant in the country, with plans for the fifth plant next year.
IMF: Uzbekistan’s economic outlook broadly positive but domestic and external risks remain
Uzbekistan’s government should further improve the business environment, continue anticorruption efforts, and put into force asset declaration and conflict of interest laws. These are some of the recommendations by the IMF mission that visited Tashkent recently.
EBRD projects 6.5% economic growth for Uzbekistan in 2024
The European Bank for Reconstruction and Development projects Uzbekistan’s GDP to grow by 6.5% in 2024 and 6% in 2025. Analysts anticipate that investment and net exports will drive growth, while limitations may arise from deficits in energy and water resources.
Share of renewable energy in Uzbekistan’s electricity generation reaches 18% on Sunday
The share of renewable energy sources in Uzbekistan’s electricity production should reach 18% by year end, energy minister said. Uzbekistan already reached this goal last Sunday. Additionally, Uzbekistan is working with Azerbaijan and Kazakhstan to export green energy to European countries.
Tajikistan to join Unified Energy System of Central Asia this month — minister of energy of Uzbekistan
Tajikistan is expected to join the Unified Energy System of Central Asia by the end of May, said minister of energy of Uzbekistan Jurabek Mirzamahmudov.
Uzbekistan adopts Anti-Drug Strategy for 2024−2028
President of Uzbekistan approved the National Strategy to Fight Drug Addiction and Drug Crimes for 2024−2028. It covers measures to prevent drug penetration in the country, stop online drug distribution, and improve drug dependency treatment.
UN Women office to open in Uzbekistan
UN Women representative office is set to open in Uzbekistan, an initiative supported by President of Uzbekistan Shavkat Mirziyoyev and UN deputy secretary general and executive director Sima Sami Bahous, who is visiting the country.
New housing prices in Uzbekistan continued growth in first quarter — Central Bank
Growth of prices for preowned real estate in Uzbekistan slowed down in the first quarter, while new housing prices continued increasing. Rent costs rose insignificantly overall, but went down in Tashkent by 9.2% in US dollars. Land price in the capital reached UZS 364 million per 100 square meters.
Uzbekistan develops support system for victims of harassment and violence
Inson Social Service Centers will assist victims of harassment and violence without requiring a protection order. Victims will receive a protection order within 24 hours of the incident being reported, enabling them to access medical and psychological support at hospitals 24/7.
“IT campuses” to be created in 14 remote districts and 1 town in Uzbekistan
“IT campuses” will be established in 14 remote districts and 1 town in Uzbekistan to provide free education in IT, foreign languages, and modern professions for young people. “In the rapidly changing era, all fields require IT professionals,” president Mirziyoyev said.
Uzbekistan aims to reach 10 million ton coal production by 2025
Uzbekistan aims to boost coal production to 8 million tons this year, up from 6.5 million tons last year, and to 10 million tons next year. The president has directed adoption of international standards in the industry, improvement of coal quality, and acceleration of investment projects.
ADB to support projects worth $3.5 billion in Uzbekistan in 2025−2027
Uzbekistan and ADB signed a memorandum on implementation of the country’s program for 2025−2027. Cooperation covers fields of energy, transport, water supply, urban infrastructure, agribusiness and natural resource management, finance, public sector and governance, education, and health.
Uzbekistan citizens granted renewed access to seasonal work in South Korea
Uzbekistan has reached an agreement with South Korea for seasonal work placements of Uzbekistan citizens following the “challenging negotiations”. South Korea suspended recruitment in 2021 due to several instances of Uzbekistanis violating labor agreements and visa terms.
Zaamin Ultra ultramarathon to be held in Zaamin National Nature Park
International ultramarathon Zaamin Ultra 2024 will be held in Zaamin National Nature Park on 1 and 2 June. The race will offer distances of 2, 10, 21 and 50 kilometers.
Uzbekistan’s state budget registers over 25 trillion soums deficit in January-April
Uzbekistan’s state budget experienced a deficit of 25.5 trillion soums, roughly equivalent to $2 billion, during January to April.
UNESCO includes two Uzbekistan nominations in Memory of World Register
“Turkiston Album (1871−1872)” and “Images of Khorazm Oasis by Khudoybergan Devonov (1879−1937)” have been nominated by Uzbekistan and included in UNESCO’s Memory of the World Register.
500 MW wind farms to be built in two regions of Uzbekistan
Universal Energy, a Chinese company, is set to construct two wind farms totaling 500 MW capacity in the Samarkand and Jizzakh regions of Uzbekistan.
79th commemoration of Victory: president of Uzbekistan joins celebrations in Moscow
The president of Uzbekistan attended solemn events in Moscow commemorating the 79th anniversary of the Victory in World War II. Photos attached.
“We are waiting for fruits, vegetables from Uzbekistan.” Mirziyoyev and Putin discuss agricultural supplies
Presidents of Uzbekistan and Russia discussed trade and economic cooperation. “We are waiting for fruits and vegetables from Uzbekistan, just like last year. It is good for you and us,” Putin said. “We have an opportunity to saturate the Russian market with agricultural products,” Mirziyoyev noted.
Shavkat Mirziyoyev outlines five key cooperation priorities for Uzbekistan-Eurasian Economic Union
At a Supreme Eurasian Economic Council meeting, president of Uzbekistan outlined key cooperation priorities with the EAEU, including removing trade barriers, fostering industrial cooperation and transport corridors, and ensuring social support for labor migrants and tourism exchange.
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