Embassy of the Republic of Uzbekistan in Islamic Republic of Pakistan
27.04.2009 8:51
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SPECIAL INDUSTRIAL ZONE “ANGREN”

Mutual Interest

The agenda of the Angren Special Industrial Zone (SIZ) includes 16 investment projects worth over $224.8 million to be implemented in the coming years. They envision the establishment of companies specializing in fruit and vegetable processing, food production, manufacture of electronics and last-generation construction materials.

Fund for Support of Exports Helps Business to Export Their Products, Services

Fund for support of small businesses and private entrepreneurship is continuing to deepen marketing research of external markets and help businesses to export their goods and services.

The main task of the fund is to help small businesses to export their goods and services via studying perspective external market, Pravda Vostoka reported.

Uzbekistan’s President on Visit in Kazakhstan

President of the Republic of Uzbekistan Islam Karimov arrived November 24 in Astana with an official visit on the invitation of Kazakhstan’s President Nursultan Nazarbaev. 

The heads of the two states met today to discuss key issues in the development of relations between the two nations, the situation in Central Asia and around the region, as well as the pressing international topics of shared interest. 

Good Deal

In the first nine months of 2014, the volume of loans allocated by domestic commercial banks to support small businesses has increased by 1.3 times YOY and exceeded eight trillion soums. Of these, 1.7 trillion soums went for microcrediting, which is almost 1.4 times more YOY.

Commercial banks of Uzbekistan actively support small businesses. For instance, they do not charge a fee for opening bank accounts in national currency for business entities, and their credit applications are reviewed within three banking days.

Small business entities during the first 9 months of 2014 produced 52.9% of total GDP of Uzbekistan

The amount of goods produced by small business entities in January-September 2014 made up 52.9% of total GDP, which is 1.7% higher than in the corresponding period of last year (51.2%). The share of small enterprises in GDP in January-September 2014 made up 29.2%, compared to 28.6% in January-September 2013.

 

In addition, small businesses in January-September 2014:

President of Uzbekistan to Visit Kazakhstan

President of the Republic of Uzbekistan Islam Karimov is to pay an official visit to Kazakhstan on November 24-25 at the invitation of President Nursultan Nazarbaev. 

The meetings and talks at the highest level are to include discussion of a broad spectrum of issues pertaining to the further advancement of the fruitful bilateral cooperation in the political, trade-economic, cultural-humanitarian and other spheres. The two leaders are also expected to exchange views on current topics in regional and international affairs.

Meeting with President of Switzerland

On November 21, 2014, Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov met with the President of the Swiss Confederation visiting to our country, the current Chairman of the Organization for Security and Cooperation in Europe, Didier Burkhalter, who is also head of the Federal Department of Foreign Affairs.

During the meeting it was discussed current issues of Uzbek-Swiss relations. Special attention was paid to the interaction within the OSCE. 

Presidents of Uzbekistan, Switzerland Discuss Bilateral Relations

On 21 November at the Oqsaroy in Tashkent, Uzbekistan’s President Islam Karimov met with the Swiss President – Chairperson-in-Office of the Organization for Security and Cooperation in Europe (OSCE) Didier Burkhalter.

Greeting the high-ranking guest, the head of our state noted that Uzbekistan considers Switzerland a long-standing and reliable partner who wields an important standing in world politics and is a universally acknowledged economic and financial center.

President Decrees on Increasing Salaries, Pensions

President of Uzbekistan Islam Karimov signed a decree on 21 November on increasing the sizes of the salaries, pensions, stipends and social allowances.

The decree, which aims at increasing the income and the living level of the population, as well as strengthening social support of the citizens, stipulates increasing the minimum salaries, pensions, stipends and allowances by the average 10% from 15 December.

The current state and development prospects of international goods transportation

The Republic of Uzbekistan boasts a vital geopolitical location in the Central Asian region, which allows the country to actively develop a nationwide transport system and efficiently integrate it with a network of newly created international transit corridors and routes.

The dynamic development of industrial, investment and foreign economic ties depends to a large extent on a number of factors, including the development of transport communications and potentialities to organize the conveyance and handling of goods, while applying efficient logistics schemes.