Uzbekneftegaz and Tatneft signed an agreement on exploration work in Uzbekistan
On May 15, 2019, the joint-stock company Uzbekneftegaz and the Russian oil company Tatneft signed an agreement on exploration in Uzbekistan.
Uzbekistan ‘BB-’ Long-Term and
‘B’ Short-Term Ratings Affirmed
S&P Global affirmed ‘BB-’ long-term and ‘B’ short-term ratings of Uzbekistan.
24.06.2019
Presidential resolution “On measures to simplify the process of liquidation of business entities” was adopted.
24.06.2019
According to the decree, the territory of Navoi region is defined as a free economic zone for innovative, high-tech, export-oriented and import-substituting industries for the period up to 1 January 2030, with the possibility of further extension in due course.
The provision on the procedure
for granting subsidies for the
construction of new hotels
approved
The Government approved the Regulation on the allocation of subsidies from the State budget to compensate part of investors’ expenses for the construction and equipping of new hotels, as well as financing organizations on the basis of franchising agreements.
23.05.2019
On 7 May 2019, the Uzbek-Italian Business Forum was organized jointly with the Italian Union of Chambers of Commerce, Industry, Craft and Agricultural Unioncamere with the participation of business circles of Uzbekistan and Italy.