EUCBI PRESS CENTRE

A delegation of a Saudi company arrives in Tashkent

600 400 eucbi

Tashkent, Uzbekistan (UzDaily.com) — Ajlan & Bros Holding Group (Saudi Arabia) delegation headed by chairman Sheikh Muhammad bin Abdulaziz al-Ajlan arrives in Tashkent on 14 July 2019.

According to the Embassy of Uzbekistan in Saudi Arabia, which organized the visit, Ajlan & Bros is one of the leading companies in the production of classic Arab men’s clothing, has 45 branches and 200 wholesale points, including in other Arab states.

The visit program in Tashkent envisages meetings at the Cabinet of Ministers of Uzbekistan, with the leadership of the Ministries of Investments and Foreign Trade, Agriculture, Uztekstilprom Association, Uzbekozikovkatholding, khokims of Andijan and Namangan regions and other potential partners.

Following the visit, it is expected that agreements will be reached on specific investment projects and the export of Uzbek fruits and vegetables to Saudi Arabia and other neighboring countries.

Abdulaziz Kamilov to visit the United States on a working visit

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Tashkent, Uzbekistan (UzDaily.com) — A delegation of the Republic of Uzbekistan headed by Foreign Minister Abdulaziz Kamilov will be on a working visit to the United States on 16-23 July.

The delegation of Uzbekistan will participate in the Second Ministerial Conference on the Promotion of Religious Freedoms.

The visit program also provides for a number of bilateral meetings.

Issues of cooperation in the field of innovation between Uzbekistan and Israel considered

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Tashkent, Uzbekistan (UzDaily.com) — On 2-8 July 2019, Israel was visited by a delegation led by Timur Azamatov, director of the Innovative Center for Supporting the Development and Implementation of Information Technologies of the Mirzo Ulugbek Innovation Center (MUIC).

According to the Embassy of Uzbekistan in Israel, the visit was the result of agreements between MUIC and the Holon Institute of Technology (HIT).

In the course of negotiations with the President of HIT, Professor Eduard Yakubov, the issues of establishing cooperation in the areas of training in such areas as industrial mathematics, educational technologies, innovations, artificial intelligence and others were discussed. An agreement was reached on the preparation of a cooperation agreement in the above-mentioned areas.

In addition, in order to study the Israeli experience in the practical implementation of the Israeli innovation and technological developments in the educational process, negotiations were held in the Israeli Administration on innovation issues, which are responsible for planning and implementing the country’s policy in the relevant field.

The Uzbek delegation also got acquainted with the activities of innovation centers and start-up incubators “Peres Center for Peace and Innovation”, “Diamond Tech Innovation Center”, “AtoBe” at the Azrieli Academic Engineering College, as well as innovative companies “HackerU” technology and security, and Watergen, which delivered to Uzbekistan in May.

The economic potential of Uzbekistan presented in Israel

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Tashkent, Uzbekistan (UzDaily.com) — On 9 July, the Embassy of Uzbekistan in Israel held a round table on the expansion of the Uzbek-Israeli trade and economic cooperation, attracting Israeli investments and advanced technologies to Uzbekistan.

The event was organized with the assistance of the Israeli Institute of Export and International Cooperation (IEIC) — a state non-profit organization, part of the Ministry of Economy and Industry. The main specialization of IEIC is to assist Israeli Institute member companies in entering the world market, promoting international business cooperation.

The round table was attended by representatives of more than 25 Israeli companies, representing such areas as construction, telecommunications, innovative solutions in industry and processing, security, agriculture, production of textiles, and others.

Israeli business was thoroughly acquainted with large-scale socio-economic transformations in Uzbekistan, government efforts to liberalize the economy and improve the investment climate, and measures taken to encourage foreign investment. Separately, they touched upon the issues of interaction in the context of the regions and key sectors of the economy of Uzbekistan, which provide preferences to foreign companies when implementing joint projects.

IEIC Deputy Director General for International Economic Relations Sabine Sigal praised the ongoing economic transformation in Uzbekistan, the effective results of which are today confirmed by relevant international organizations. According to her, the opening of Uzbekistan to the world, the significant natural and human resources, the mixed nature of the republic’s economy, along with the historical friendly ties between the peoples of the two countries, are creating a growing interest among the Israeli business community to establish a mutually beneficial partnership.

Representatives of a number of companies expressed interest in visiting Uzbekistan in order to establish mutually beneficial cooperation. In addition, the possibility of organizing a visit to the republic by the IEIC leadership is currently being considered to familiarize with economic reforms in the country and discuss practical directions for expanding trade, economic, investment and technological cooperation.

New Chakar gas field discovered in Ferghana Valley

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Tashkent, Uzbekistan (UzDaily.com) — A new Chakar gas field has been discovered in Ferghana Valley. The “Chakar” structure is located in Bulakbashi district of Andijan region, the press service of Uzbekneftegaz said.

In March 2019, specialists began drilling well number 2 and on 10 July 2019, at a depth of 1710 meters, an industrial flow of natural gas was obtained with a preliminary flow rate of up to 300,000 m3 per day.

In the near future, gas condensate studies are planned to clarify the parameters of the formations, as well as to drill two more wells with a full range of geophysical surveys

Trade House of Uzbekistan to appear in Malaysia

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Tashkent, Uzbekistan (UzDaily.com) – On 9 July 2019 Ambassador of the Republic of Uzbekistan in Kuala Lumpur Ravshan Usmanov held talks with the founder of Malaysia’s largest wholesale trade center, GM Klang Wholesale City, Lim Kok.

The wholesale center “GM Klang Wholesale City” was founded in 2009 and is located in the largest Malaysian port of Klang, near Kuala Lumpur International Airport (KLIA). Companies engaged in trading activities in this center also use Lazada, Shopee, and other online platforms to sell their products at a wholesale price throughout Malaysia.

The shopping center consists of three blocks with a total area of about 140,000 square meters, which can accommodate 2,500 retail outlets. Today, in this wholesale hub, companies from more than 20 countries of the world present their products.

During the meeting, issues of further development of trade and economic cooperation between the two countries were discussed, including by increasing the volume of exports of Uzbek products to Malaysia, as well as its diversification.

Kok expressed interest in establishing cooperation with major exporters of the republic and expressed readiness to provide comprehensive support for the entry of Uzbek products into the Malaysian market.

Following the negotiations, the following agreements were reached:

— the provision of a Malaysian side on a gratuitous basis for a period of one year of placement in the central pavilion of the GM Klang Wholesale City center for opening a trading house in the form of a showroom of the exported products of Uzbekistan.

— organization of the visit of Lima Kok to Uzbekistan in October 2019 to consider the possibility of creating a similar large shopping center in the republic.

A delegation of Uzbekistan takes part in the Global Summit on the production and industrialization of GMIS-2019 in Yekaterinburg

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Tashkent, Uzbekistan (UzDaily.com) — On 9 July 2019, the Uzbek delegation took part in the Global Summit on the production and industrialization of GMIS-2019 in the city of Ekaterinburg.

Within the framework of the summit, a meeting was organized between the leadership of the Ministry of Investment and Foreign Trade of the Republic of Uzbekistan, Advisor to the President of the Russian Federation A. Kobyakov and the top management of the Roskongress Foundation represented by A. Stuglev and other leaders.

During the talks, the sides discussed issues of strengthening cooperation in the field of organizing and holding international congress and exhibition events in Uzbekistan, with the aim of strengthening the country’s image in the global business community.

Speaking about the prerequisites of interaction, the parties came to the general opinion that cooperation in this direction will allow to bring the level of such activities to a new level, which in turn will help attract new foreign partners and investors and build new partnerships.

In order to develop a working dialogue and move to the area of practical actions, the management of the Roskongress Foundation plans to travel to Uzbekistan in the near future.

 

Uzbek Ambassador holds talks at the Free University of Brussels

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Tashkent, Uzbekistan (UzDaily.com) — On 9 July, 2019, Uzbekistan’s Ambassador to Belgium Dilyor Khakimov visited the Free University of Brussels and held talks with head of department of Human Psychology Romain Meeusen.

At the meeting, views were exchanged on personnel training for industrial development, the role and place of VUB in professionalization of various sectors of economy, including measures on improving the quality of education in higher education institutions, training and retraining personnel for the needs of various sectors of the economy.

Following the negotiations, the parties reached a number of practical agreements. In particular, VUB leadership accepted an invitation to visit Uzbekistan, including for organization of negotiations at ministries and agencies of Uzbekistan.

In addition, in the context of development of intercultural dialogue, the parties initiated the so-called thematic day “Day of Central Asia and Uzbekistan” at the Free University of Brussels. According to the Belgian side, such an initiative will contribute to recognition of the country.

Following the meeting, Romain Meeusen expressed readiness to prepare a draft Memorandum of Understanding during the upcoming visit to Uzbekistan.

Abdulaziz Kamilov meets with a group of members of British Parliament

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Tashkent, Uzbekistan (UzDaily.com) — On 10 July 2019, the Minister of Foreign Affairs of the Republic of Uzbekistan, Abdulaziz Kamilov, who arrived in London to attend the Global Conference for Media Freedom, met with a group of members of Parliament of the United Kingdom.

At the meeting, main attention was paid to discussing issues of relations between Uzbekistan and the United Kingdom in the context of their development prospects. The sides, expressing satisfaction with the constructive nature of Uzbekistan – British dialogue, considered key areas of cooperation, shared assessments of the state of bilateral political, trade-economic, cultural-humanitarian ties.

British parliamentarians welcomed the foreign policy of Uzbekistan under the leadership of President Shavkat Mirziyoyev on building good-neighborly and mutually beneficial relations with neighboring countries. The policy of the leadership of the country on involving neighboring Afghanistan in regional economic, infrastructure and communication projects, active efforts of the Uzbek side on promoting the peace process in Afghanistan, the assistance provided to the Afghan side through educational and humanitarian programs to train young citizens of this country was highly appreciated.

Following the meeting, the Minister invited members of the Parliament to visit Uzbekistan, as well as to participate as observers at the upcoming elections to the Oliy Majlis and local councils of people’s deputies at the end of the year.

The British side expressed interest in further deepening the inter-parliamentary dialogue and readiness to participate in elections observation to the Oliy Majlis in December this year.

Uzbek FM meets with UK parliamentary under secretary of state

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Tashkent, Uzbekistan (UzDaily.com) — On 10 July 2019, Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov met with UK Parliamentary Under Secretary of State, Minister for Investment Graham Stuart, in London.

At the meeting, main attention was paid to bilateral economic relations.

It was emphasized that comprehensive reforms being carried out in Uzbekistan open up new prospects for business of the two countries for cooperation in trade, economic, investment, financial and other spheres. Although the trade turnover between Uzbekistan and the United Kingdom in 2018 grew by almost 40% and exceeded 235 million USD, the parties have significant potential for growth in mutual trade.

The sides positively assessed the results of the 24th Session of the Uzbek-British Trade and Industry Council held on February 28 in Tashkent, at which documents on implementation of projects worth over US$310 million were signed.

Graham Stuart noted a stimulating role for expanding mutually beneficial ties for opening by the UK’s export credit agency of credit line at 1.25 billion pounds and the British side’s support for creating an international financial center in Tashkent.

The parties confirmed their readiness to support the businesspeople of the two countries to develop cooperation.