President signed Measures to accelerate the development of the pharmaceutical industry Decree introducing import duties on certain types of medicines Tuesday. The Decree has amended the June 29, 2018 Resolution, which had set customs duties for imported goods. In particular, if for goods under 3004 HS code, the duty was at 0%, now it will […]
Read MoreOn 25 January, President of the Kyrgyz Republic Sadyr Japarov paid a visit to Uzbekistan. Uzbekistan’s President Shavkat Mirziyoyev held an informal meeting with his Kyrgyz counterpart at the Amirsoy resort complex in the Tashkent region. The leaders discussed pressing issues of bilateral cooperation, as well as matters on the international and regional agenda. Sadyr […]
Read MoreAccording to data from the Statistics Agency, Uzbekistan became a net importer of gas in 2024 for the second year in a row. From January to December, natural gas imports from Turkmenistan and Russia increased by 2.41 times, reaching $1.67 billion. Monthly imports slowed to $127.9 million. In 2023, for the first time in its […]
Read MoreUzbekistan’s Ambassador to India, Sardor Rustamboyev, held negotiations with Ashok Hinduja, Chairman of Hinduja Group – India, and Prakash Hinduja, Chairman of Hinduja Group – Europe. The representatives of Hinduja Group highlighted that the ongoing reform process in Uzbekistan provides a strong foundation for various major international companies with high global ratings to enter the […]
Read MoreAn article dedicated to the export potential of Uzbekistan was published in Hungary’s leading online publication, Hello Magyar, highlighting the country’s systematic efforts to achieve the goal set in the “Uzbekistan – 2030” strategy, which aims to increase the private sector’s share in exports to 60 percent. It is noted in the article that from […]
Read MoreIn December 2024, activity in the used car market continued to decline, which was reflected in average prices. This trend was highlighted in an analysis by specialists at the Institute for Macroeconomic and Regional Studies. Compared to November, prices for both frequently and moderately used popular domestic cars decreased, while prices for slightly used vehicles […]
Read MoreIn the January to November 2024 period, Uzbekistan’s international trade topped $59.4 billion, a 3.6% increased to the same period last year, the Statistics Agency said. Exports stood at $24.2 billion, which is 4.4%, while imports were at $35.1 billion, which is 3% more than last year.
Read MoreIn January-November, Uzbekistan imported gas worth a record $1.55 billion, the Agency of Statistics said in its international trade report. This is 2.8 times more (in monetary terms) than for 11 months of 2023, when the volume of exports topped 562.7 million dollars. This is also almost 2.2 times more than the total volume of […]
Read MoreUzbekistan’s accession to the World Trade Organization (WTO) entered “final stage”, the president announced. He emphasized that while certain preferences conflicting with WTO rules were abolished, the government remains committed to supporting businesses and fostering a fair competitive environment. Uzbekistan has moved into the “final stage” of its accession to the World Trade Organization (WTO), […]
Read MoreToday, approximately 2.5 million Uzbeks work abroad. The amount of money they send back to Uzbekistan surpasses the revenue from gold exports, constituting over 14% of the country’s GDP. In 2000, the United Nations General Assembly declared December 18 as International Migrants Day. On the same date in 1990, the International Convention on the Protection […]
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