Economic news of Uzbekistan No.184

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Uzbekistan economic news


Ⅰ. The dynamics of the economy and industry ··················································································································································· 1


o Volkswagen will develop a business plan for the possible production of automobiles in Uzbekistan ···············································1


o The Central Bank of Uzbekistan decided to leave the refinancing rate at 16% per annum. ····································································1


o TAX FREE system to be launched in Uzbekistan in July ··································································································································1


o The state order for cotton has been canceled; Uzpakhtasanoat is liquidated ··························································································· 1


o Measures to support the population and sectors of the economy have been identified ···········································································2


o In January-February 2020, Uzbekistan exported gold worth $ 1.005 billion. ································································································ 2


o The Ministry of Investment and Foreign Trade (IITT) of Uzbekistan has begun issuing force majeure certificates ··························· 2


II. Energy and infrastructure trend ··············································································································································································· 3


o Uzbekistan and ACWA Power company have signed an agreement on the purchase of electricity ······················································ 3


o Reform of the state-owned enterprise of the Navoi Mining and Metallurgical Plant ·····················································································3


o From April 1, real estate in Tshkent and Tashoblast can be purchased without registration ····································· ····························· 3


o Uzbekistan and Tajikistan continue to discuss the hydropower plant project in the Zarafshan River ··················································· 4


o Uzbekistan announces natural gas production volume ············································ ························································································· 4






Source: Embassy of the Republic of Korea in the Republic of Uzbekistan

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