Tashkent hosts roundtable on raising Doing Business ranking of Uzbekistan
20/02/2014 15:29
Tashkent hosts roundtable on raising Doing Business ranking of Uzbekistan
20/02/2014 15:29
Tashkent, Uzbekistan (UzDaily.com) -- Chamber of Commerce and Industry of Uzbekistan in cooperation with the UN projects “Support to Foreign Trade and Investment Promotion” and “Business Forum of Uzbekistan” held a roundtable titled “Raising international ranking of Uzbekistan in Doing Business”.
Representatives of Ministries and departments, NGOs, scientific-research institutes, international organizations and business circles of Uzbekistan participated at the event.
The event is directed at discussing and developing proposals on increasing international ranking of Uzbekistan in Doing Business, report of the World Bank and IFC and creating favourable business conditions.
During the event, the participants considered ranking of Uzbekistan in Doing Business, International trade indicators in Doing Business, etc.
They also analyzed measures of the Government of Uzbekistan on improving ranking of the country in the report and gathering data in developing Doing Business report.
Uzbekistan significantly improved its position in new ranking of Doing Business-2014 of the World Bank and International Financial Corporation, moving from 156th place in 2012 to 146th place in 2013.
Uzbekistan improved its ranking in such criteria as business registration (21st place, + 66 positions), permission for construction (59th place, +1 position), property registration (136th place, +6), crediting (130th place, +24), and international trade (189th place, no change).
At the same time, Uzbekistan worsened its position on such criteria as connection to electricity (173, -4), taxation (168, -3) and investor protection (138, -1).
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