South Korea’s business circles in close cooperation with the Republic of Uzbekistan are heartily welcoming a visit of the Uzbek delegation led by His Excellency President Islam Karimov of Uzbekistan for the presence in the inauguration ceremony of President-elect Lee Myung-bak on Monday.
Uzbekistan, the second largest producer of cotton in the world is eyeing greater cooperation with Malaysia in setting up factories to manufacture cotton garments and developing textile businesses in the republic, said Malaysian Inner Temple Alumni Association secretary,S.Radhakrishnan.
Spain’s MAXAM Corp. S.A.U. has acquired a 49% stake in Ammofos, Uzbekistan’s biggest producer of nitrogenous phosphate fertilizer and part of the state-controlled chemicals company Uzkhimprom, a source at Uzkhimprom told Interfax.
Russia’s Monolit has bought an 85.2% stake in the Kokanda Superphosphate Plant, Uzbekistan’s only producer of ammoniated superphosphate, a source at the State Property Committee told Interfax.
Lukoil-Uzbekistan, a subsidiary operating company of Lukoil Overseas held a tender for selecting a contractor to perform a 2D seismic survey in the Kungrad area within the framework of implementing the Kandym-Khauzak-Shady-Kungrad mega-project.
Permmetal OJSC, the largest metal trader of Perm region, registers two companies in CIS Countries.
The meeting at the Samarkand region administration discussed the issues mentioned in the report of the President of Uzbekistan Islam Karimov at the session of the Cabinet of Ministers, devoted to results of social and economic development of the country in 2007 and to the major priorities of deepening the economic reforms in 2008, UzA.
The seminar devoted to cooperation between Uzbekistan and India in the field of tourism was organized in Tashkent.