Economic news of Uzbekistan No188
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2020.08.21 13:20
Economic news of Uzbekistan
Ⅰ.Economic trend ·································································································································································································································· 1
o Formation of the Samarkand Urban Development Plan ···················································································································································1
o Structural reform of the agricultural machinery industry ················································································································································1
o Facilitating the establishment of the Export Investment Promotion Committee ································································································· 1
o Discussion of economic cooperation between Korea / Japan / UAE under the leadership of President Mirziyoyev ······························1
o Payment of logistic subsidy at the time of export ······························································································································································· 2
o 0.2% GDP growth in the first half of 2020················································································································································································ 2
o In the first half of 2020, foreign trade turnover decreased by 18.2%. ······················································································································· 2
o China Jiangnan Automobile Co., Ltd. will promote the production of mini trucks in the Namangan SEZ ··············································· 2
II. Energy and Infrastructure Trends·····································································································································································································3
o SK E&C signed a FEED contract for the modernization of the Bukhara refinery ········································································································3
o Promotion of the construction of the China-Kyrgyzstan-Uzbekistan railroad ············································································································ 3
o Termination of gas export to Russia ······························································································································································································ 3
o Modernization of the Ferghana Refinery ······················································································································································································ 3
o $ 2.1 billion worth of gold exports in the first half of 2020················································································································································· 3
o Electricity production increased by 2.18% in the first half of 2020 ···································································································································4
※ Source : Embassy of the Republic of Korea in the Republic of Uzbekistan
※ Please note that this content is based on Uzbek institutions and local media.
※ Provided : Secretariat of the Korea Uzbekistan Business Association
Ⅰ.Economic trend ·································································································································································································································· 1
o Formation of the Samarkand Urban Development Plan ···················································································································································1
o Structural reform of the agricultural machinery industry ················································································································································1
o Facilitating the establishment of the Export Investment Promotion Committee ································································································· 1
o Discussion of economic cooperation between Korea / Japan / UAE under the leadership of President Mirziyoyev ······························1
o Payment of logistic subsidy at the time of export ······························································································································································· 2
o 0.2% GDP growth in the first half of 2020················································································································································································ 2
o In the first half of 2020, foreign trade turnover decreased by 18.2%. ······················································································································· 2
o China Jiangnan Automobile Co., Ltd. will promote the production of mini trucks in the Namangan SEZ ··············································· 2
II. Energy and Infrastructure Trends·····································································································································································································3
o SK E&C signed a FEED contract for the modernization of the Bukhara refinery ········································································································3
o Promotion of the construction of the China-Kyrgyzstan-Uzbekistan railroad ············································································································ 3
o Termination of gas export to Russia ······························································································································································································ 3
o Modernization of the Ferghana Refinery ······················································································································································································ 3
o $ 2.1 billion worth of gold exports in the first half of 2020················································································································································· 3
o Electricity production increased by 2.18% in the first half of 2020 ···································································································································4
※ Source : Embassy of the Republic of Korea in the Republic of Uzbekistan
※ Please note that this content is based on Uzbek institutions and local media.
※ Provided : Secretariat of the Korea Uzbekistan Business Association
