Alternative ways of dispute resolution between legal entities through arbitration courts and mediation were discussed at the UNDP supported seminar on 18 June in Termez (Surkhandara region).
The EBRD is supporting the expansion of CCI (Coca-Cola Icecek of Turkey), the exclusive Coca-Cola bottler for selected countries in Central Asia, the Caucasus and the Middle East, by providing a $40 million loan for the expansion of production in Kazakhstan and by acquiring a stake in the company’s new subsidiary in Tajikistan for up to $3.4 million.
The construction of Uzbekistan-China gas pipeline with capacity of 30 bcm is expected to begin at the beginning of the H2 of 2008, said Nurmohammad Ahmadov, the chairman of the Board of Directors of Uzbekneftgaz National Holding Company (NHC).
Joint project of UNDP and the Chamber of Commerce and Industry of Uzbekistan held another seminar on arbitration and mediation in Tashkent with focus on financial institutions. This event was a part of the series of the seminars planned to be carried out in the whole country. Earlier, the project had organized similar seminars in Namangan and Tashkent for lawyers of financial institutions and businesses.
Specialists of the newly created Arbitration Development Center under the Chamber of Commerce and Industry of Uzbekistan paid a four-day visit to London to study British experience in development of the arbitration courts and mediation.
The trade volume of Iran and Uzbekistan stands at US$650 million which can reach US$1 billion in the future, said the Iranian commercial attache to Uzbekistan on Sunday.
Representatives of the Ministry of Agriculture and Water Resources, the Ministry of Foreign Economic Relations, Foreign Investments and Trade of the Republic of Uzbekistan,“Uzulgurzhisavdoinvest” Association and Chamber of Commerce and Industry of Uzbekistan, and the U.S.Ambassador to Uzbekistan Richard Norland will attend the ceremony.
Unsafe blood transfusions and medical practices in Central Asia may contribute, and in some cases have already contributed, to the spread of communicable diseases in the region, particularly HIV, according to the new World Bank report entitled Blood Services in Central Asian Health Systems: A Clear and Present Danger of Spreading HIV/AIDS and Other Infectious Diseases.
The World Bank Board of Directors today approved a US$68 million IDA credit for the second phase of the Uzbekistan Rural Enterprise Support Project (RESP II). The Project will assist the newly independent farmers to increase the productivity and financial and environmental sustainability of agriculture and the profitability of agribusiness.