News

The Central Bank of Uzbekistan has changed the requirements for banks' liquidity by making amendments to the Regulation ‘On the requirements for liquidity management of commercial banks’

In particular, the paragraph 43 of the Regulation is supplemented by a new norm. Now, to ensure prompt and full execution of their obligations, the banks have to comply with the instant and current liquidity standards.

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39 projects worth $251.4mn set to be implemented in FEZ "Navoi"

18 enterprises were established in the Free Economic Zone "Navoi" in cooperation with South Korea, Britain, Italy, China, United Arab Emirates, India, Singapore and Russia. The total volume of investment amounted to $124 million, with more than 900 new jobs created.

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World Melodies

This year, Samarkand hosts the 11th Sharq Taronalari International Festival.

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Uzbek Health Ministry to create network of social pharmacies

The Ministry of Health of Uzbekistan will create its own network of social pharmacies.

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The Central Bank of Uzbekistan has issued a license for banking operations to the country's youngest credit and financial institution, UzAgroExportBank

The establishment of the Bank was initiated by the President of Uzbekistan in January 2017. The Board includes the Fund for Reconstruction and Development of Uzbekistan (75%), the National Export-Import Insurance Company Uzbekinvest (10%), Uzagrosughurta (5%), Kafolat IC (5%) and Uzbekinvestholding (5%). The statutory fund is set at 10 million euros.

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On meeting of Cooperation Council “Uzbekistan-EU”

On July 17, 2017, the delegation of the Republic of Uzbekistan, headed by the Minister of Foreign Affairs Abdulaziz Kamilov, took part in the 13th meeting of the Cooperation Council “Uzbekistan-European Union” in Brussels.

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Meeting with Deputy Prime Minister of Belgium

On July 18, 2017, the Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov, who is on a visit to Brussels, met with the Deputy Prime Minister and Minister of Foreign Affairs and European Affairs of the Kingdom of Belgium Didier Reynders.

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Meeting with the EU High Representative for Foreign Affairs and Security Policy

On July 18, 2017, the delegation of the Republic of Uzbekistan headed by the Minister of Foreign Affairs Abdulaziz Kamilov met with the High Representative of the European Union for Foreign Affairs and Security Policy, Vice President of the EU Commission Federica Mogherini in Brussels.

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Forthcoming Changes in Healthcare System

Within the framework of the presidential resolution on improving primary healthcare, rural family clinics and 441 ambulance stations were established on the basis of 793 rural medical units (RMUs).

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"Samarkand city" tourist zone set to erect in Samarkand

The Resolution of the Cabinet of Ministers of Uzbekistan approved measures to accelerate the development of the tourism potential of Samarkand city and Samarkand region in 2017-2019.

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