The Ministry of Investment and Foreign Trade of Uzbekistan hosted negotiations with a delegation of one of the largest private educational institutions in Singapore, TMC Academy, a division of TMC Education Corporation Ltd, headed by its rector Lee Chin Weng.
EY (Ernst & Young), one of the four largest audit and consulting companies in the world, issued positive audit opinions for the report of Uzbekneftegaz on 5 June 2020 for 2016-2017, 24 November 2020 for the 2018 report and 31 January 2021 for the 2019 report.
On 25 October, in the format of a video conference, negotiations were held between Deputy Prime Minister - Minister of Investment and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov and Deputy Prime Minister - Minister of Economy and Finance of the Republic of Korea Hong Nam-ki.
On 23 October, the Ministry of Energy of Uzbekistan hosted negotiations with the German company Mangold Consulting GmbH, whose field of activity is business consulting, on attracting investors to new industrial projects.
Chairman of the Russian State Duma Committee on CIS Affairs Leonid Kalashnikov in an exclusive interview with Sputnik spoke about the positive aspects of Uzbekistan’s possible accession to the EAEU.
Russia and Uzbekistan are implementing joint projects for US$9 billion.
According to Uzbekneftegaz, for 9 months of this year, it was planned to produce 1.11 million tonnes of liquid hydrocarbons, in practice, 1.15 million tonnes or 3.4% compared to the forecast (the growth rate is 0.6%).
In order to reduce the volume of gas chemical products with high added value imported from imports to the territory of the Republic of Uzbekistan, and to master the production of new types of polymer products, as well as to increase the export potential, experts adopt measures with licensed companies to introduce new highly efficient technologies.
The Law "On Social Entrepreneurship", which was discussed at the twentieth plenary session of the Senate of the Oliy Majlis, and its rejection by senators, causes various responses in social networks.
Uzbekistan has been speeding up the reforms in its economy and especially in the energy sector since 2018, under the leadership of Mr. Mirziyoyev. A Ministry of Energy was set up, a vertically integrated company Uzbekenergo was split up into 3 companies, separating the generation assets from the transmission and distribution grid companies. A development concept laying out the power sector development plan for the years 2020-2030 was presented to the public.