Economic news of Uzbekistan No. 185
Uzbekistan economic news
Ⅰ The trend of economics and industry ······························································································································································································································ 1
o Uzbekistan and AIIB discussed the format of cooperation for financial support ···················································································································································· 1
o A video conference was held with the participation of the Deputy Prime Minister - Minister of Investment and Foreign Trade of the Republic
Uzbekistan S. Umurzakov and Minister of Industry and Trade of the Russian Federation D. Manturov. ············································································································ 1
o World Bank to provide financial support to Uzbekistan ································································································································································································· 1
o Discussed the prospects for trade and economic cooperation with the EU ·········································· ················································································································· 1
o The World Bank predicts Uzbekistan's GDP growth in 2020 at 1.6% ··································· ······································································································································ 2
o Fitch maintains credit ratings of Uzbekistan ············································· ········································································································································································ 2
o IMF predicts drop in GDP of Uzbekistan to 1.8% ········································ ···································································································································································· 2
o In the 1st quarter, the foreign trade turnover of the republic decreased by 10.2% ··································· ··············································································································· 2
o The government imposes a temporary restriction on the export of raw materials for the production of medical devices and the import of cement ·································3
II. Energy and Infrastructure Trends ························································ ····················· ·································································· ····················· ··························· ···································· 4
o Production of diesel fuel of Euro-4 and Euro-5 standards.············· ····················· ·························································································································· ······························ 4
o The first installation of the Takhiatash TPP has been launched. ············· ····················· ····················· ····················· ································································································· 4
o Exploration work is underway in southwestern Gissar ·········································· ··························································································································································4
o Uzbekistan announces the first tender in the country for the construction of a wind power plant ·························································································································4
o Uzbekistan has sold gold for $ 1 billion over the past two months ··············································································································································································· 4
II. Tender Trend ·················································· ··············································································································································································································· ··········· 5
o Design, Purchase and Construction, 500kV Single-circuit power line from
500kV Substation Guzar (Uzbekistan) to the existing 500kV Substation Regar (Tajikistan) ··········································································································································5
Source: Embassy of the Republic of Korea in the Republic of Uzbekistan
