Azerbaijan and Hungary Strengthen Energy Cooperation Through High-Level Meeting Rovshan Najaf, the president of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a productive meeting with Karoli Matrai, the chief executive officer of Hungary’s MVM Group. The meeting focused on strengthening bilateral and multilateral cooperation between Azerbaijan…
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rewrite ,alt text ,image title, description, 10 hastags for Uzbekistan Condemns North Korea’s Recent Space Vehicle Launch The Ministry of Foreign Affairs of the Republic of Uzbekistan has expressed deep concern over the launch of a space vehicle by North Korea on May 31. The country’s statement emphasized the potential…
President Mirziyoyev and Naguib Sawiris Hold a Productive Meeting Tashkent, Uzbekistan – President Shavkat Mirziyoyev hosted a high-profile meeting with billionaire businessman Naguib Sawiris, the CEO of Egypt-based Orascom Investment Holding. The purpose of the meeting was to discuss investment projects worth over $1.2 billion, aimed at promoting economic growth…
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Singapore’s President Halimah Yaqub, currently on a state visit to Uzbekistan, had an insightful meeting with the country’s prominent leaders representing various religions in Tashkent on May 24. The purpose of the gathering was to foster understanding and promote religious tolerance between the two nations. Religious Harmony in Focus: Uzbekistan’s Initiatives Applauded Adviser to the President of Uzbekistan, Muzaffar Komilov, along with Muftiy Nuriddin Khaliqnazarov, Chairman of the Office of…
Tashkent, Uzbekistan – Deputy Prime Minister Jamshid Kuchkarov addressed the second international forum on poverty reduction in Tashkent, unveiling Uzbekistan’s four main priorities in the fight against poverty. The event, attended by over 200 delegates including renowned economists and experts from international organizations, aimed to explore effective strategies to combat poverty and enhance social welfare. Agricultural Reform and Industry Development in Villages Key Priorities During his speech, Deputy Prime Minister…
Uzbekistan Collaborates with IFC to Modernize Tashkent’s Power Infrastructure with Private Investment
By Rizwan Shah
Uzbekistan Partners with IFC for Infrastructure Modernization Uzbekistan’s government is set to partner with the International Finance Corporation (IFC) to invite a private investor to revamp the power distribution infrastructure in Tashkent, the country’s capital. The goal is to improve electricity connectivity for over 700,000 customers, making this a significant leap in the nation’s power sector. As part of this collaboration, the IFC will play the role of Lead Transaction…
Strengthening Comprehensive Strategic Partnership: Uzbekistan and China Sign Over 40 Deals Uzbekistan and China solidified their bilateral ties by signing over 40 deals aimed at enhancing cooperation and strategic partnership. President Shavkat Mirziyoyev of Uzbekistan and Chinese President Xi Jinping came together to endorse a joint statement and adopt a program for the development of a comprehensive strategic partnership for the period of 2023-2027. Education and Agriculture in Focus: Key Agreements Signed by Uzbekistan and China During the high-level talks,…
Uzbekistan and Tajikistan Strengthen Good Neighborliness and Partnership Ties President Shavkat Mirziyoyev welcomed Tajik Prime Minister Kokhir Rasulzoda to Uzbekistan for the next meeting of the joint intergovernmental commission. During the meeting, the leaders of the two countries discussed ways to further enhance the already strong strategic partnership and alliance ties between Uzbekistan and Tajikistan. Dynamic Development of Bilateral Cooperation Commended The two leaders commended the dynamic development of bilateral cooperation, which has grown significantly in recent years in line…
Record numbers of foreigners entering Russia for jobs in Q1 2023 According to the Russian state statistics portal, over 1.3 million foreigners entered Russia in the first quarter of 2023 in search of job opportunities. The figures indicate a significant increase compared to 2.6 million in 2021 when the coronavirus restrictions were in effect. Almost half of the foreign workers in Q1 of 2023 were from Uzbekistan, with 630,859 citizens seeking jobs in Russia. Tajikistan was the second highest country…
Government Proposes Tax Changes in Budget 2023-24, Maintains Mini-Budget of 170 Billion
By Mazhar Abbas
The government is currently working on tax proposals for the upcoming Budget 2023-24. As part of these proposals, a mini-budget of 170 billion is being maintained, and additional goods and services tax (GST) will be imposed on various items. The government aims to generate revenue through these tax changes to support its budgetary requirements. Sales Tax Increase on Imported Milk, Fish, Meat, Jam, Jelly, and Tea One of the major changes in the tax proposals is the increase in sales…
Russian President Invites Leaders of CIS Countries to Commemorate WWII Victory As part of the celebrations for the 78th anniversary of the Victory in World War II, Russian President Vladimir Putin invited the leaders of several CIS countries, including Uzbekistan, to attend the event. President Shavkat Mirziyoyev accepted the invitation and left for Moscow on a working visit, according to his spokesman Sherzod Asadov. (Read Also: Russian-Controlled City in Zaporizhzhia “Under Fire,” Says Russian Official) During his visit, Mirziyoyev will…
Uzbekistan’s President Shavkat Mirziyoyev has announced that snap elections will be held in October 2023, following the adoption of a new constitution earlier this year. The move comes as part of Mirziyoyev’s efforts to modernize and democratize the country, which has long been criticized for its authoritarian government and human rights abuses. What are the changes to the constitution? Under the new constitution, the president’s powers have been reduced, and the role of parliament and the judiciary strengthened. The changes…
Saudi Entrepreneurs to Visit Uzbekistan on a Business Mission The Ambassador of Uzbekistan, Ulugbek Maksudov, recently held a meeting with the Director General of the International Cooperation Department of the Riyadh Chamber of Commerce and Industry, Mansour Al-Ajmi, to discuss the possibility of increasing the volume of trade between Uzbekistan and Saudi Arabia. The parties also talked about organizing a business mission of Saudi Arabian business representatives to Uzbekistan. Saudi Arabia Ready to Improve Relations with Uzbekistan During the meeting,…
Advisor to Pakistani Prime Minister Attends Cultural Festival in Uzbekistan Engr. Amir Muqam, the Advisor to the Prime Minister of Pakistan on Political, Public Affairs & National Heritage and Culture, has arrived in Tashkent, Uzbekistan to attend the “III Bakhshi Art Festival” from May 6 to 9. The festival aims to showcase traditional Uzbek arts and culture. Warm Welcome to Amir Muqam Upon arrival in Tashkent, Engr. Amir Muqam was warmly welcomed by the First Deputy Minister of Culture and…