Russian and Uzbekistan will consider the possibility of setting up a joint venture for producing railroad wagons, ITAR-TASS reported quoting Russian First Deputy Prime Minister Sergey Ivanov said.
Uzbekistan’s 2007/08 cotton crop is forecast at 5.50 million (480-lb) bales, up from a September forecast of 5.32 million bales and 5.36 million bales in the prior growing season, a US Agriculture Department attache in Ankara said on Wednesday.
Russian First Vice-Premier Sergei Ivanov has expressed confidence that Russia will be able to occupy more than 50% of Uzbekistan’s investment market.
Vagit Alekperov, president of OAO Lukoil; Sergei Ivanov, First Deputy Chairman of the Russian Government; Rustam Azimov, First Deputy Prime Minister and Finance Minister of Uzbekistan; and Nurmukhammad Akhmedov, Chairman of Uzbekneftegaz Management Committee; participated in the official ceremony dedicated to commissioning Khauzak gas field located in Bukhara region, Uzbekistan.
The Russian national exhibition, which opened in Tashkent on Wednesday, will help promote commercial and economic cooperation between the Russian Federation and Uzbekistan, will strengthen their business and cultural ties.
Russia and Uzbekistan will consider the possibility of setting up a joint venture to manufacture rolling stock, Sergei Ivanov, the Russian first deputy prime minister, said on Wednesday.
The Tashkent Chkalov Aircraft Company will join the United Aircraft Corporation (UAC) before the end of this year, an official from the Uzbek enterprise said.
Uzbekistan plans to hold negotiations in December with Russian gas export monopoly Gazprom on hiking gas export prices, Russian news agencies reported on Thursday.
Forming conditions for ensuring welfare improvement of the population based on dynamic and inclusive economic growth is one of the main priorities of economic reforms carried out in Uzbekistan. In this line, establishment of special economic zones (SEZ) could be one of instruments of achievement of tasks of economic policy, UNDP Uzbekistan said on its website.