The Asian Development Bank (ADB) is providing a US$3 million grant to facilitate trade among member nations of the Central Asia Regional Economic Cooperation (CAREC) as part of efforts to promote sustained economic progress across the region.
Bishkek is hosting the fourth meeting of a working group of CAMFA (Central Asia Micro-Finance Alliance) project on agrofinancing. Representatives of financial establishments, donor organizations and state structures of Kyrgyzstan are taking part in it.
The Russian government has approved Uzbekistan’s entry to the Customs Union which currently comprises Russia, Kazakhstan and Belarus, the press service of the ministers’ cabinet reported today.
CHAMP Cargosystems said in its release that it has signed five cargo carriers - Aero Republica, Air Namibia, Fly LAL, TESIS and Uzbekistan Airlines - to move from manual operations to fully automated systems.
President of Uzbekistan Islam Karimov signed an agreement between the governments of Uzbekistan and Pakistan on transport and transit of goods on 14 December.
Textile producers of Uzbekistan paid a business trip to Belgium to establish direct contacts with Belgian textile machinery producers and familiarize with modern technologies, Jahon news agency of Uzbek Foreign Ministry reported.
China Southern Airlines, the nation’s biggest carrier by fleet size, will launch semiweekly flights from northwestern Chinese city Urumqi to Ashgabat, the capital of Turkmenistan, on 18 December, Xinhua reported.
Korea signed a tentative deal Thursday, 13 December, to provide Uzbekistan with US$60 million worth of loans over the next five years to help the Central Asian country better strengthen its economy, the Korean government said.
The South Korean government has partnered with Uzbekistan in operations for refining uranium, and is expected to assist stabilizing fuel supply for nuclear power plants, KBS World News - English Edition reported.