Uzbekistan Update: January 1 - 15, 2024
Uzbekistan Update: January 1 - 15, 2024
Biweekly update on key developments in Uzbekistan
Notable Quotes
“Year of 2024 is to be the year of Support for Youth and Business”
President of Uzbekistan Shavkat Mirziyoyev
UPCOMING EVENTS
The discussion focuses on Uzbekistan's strategy to prioritize resources to enhance connectivity between Europe and Central Asia. Key topics include the interoperability of the Middle Corridor, leveraging European private sector expertise and investments for critical infrastructure projects, and the potential benefits of increased collaboration within Central Asia for European supply chains, economic growth, and security. This encompasses a broad spectrum of factors. The event format is hybrid, but in-person registration is now closed.
For online participation registration, please visit the link
2 - EUROUZ ESG & Compliance Committee Meeting
Join us for the EUROUZ ESG & Compliance Committee Meeting. It will focus on coordinating agendas for our upcoming meeting with the Ministry of Ecology, Environmental Protection, and Climate Change of the Republic of Uzbekistan. Don't miss out on this opportunity to connect and discuss important environmental topics.
This meeting is limited to EUROUZ members & invited experts only.
For registration, please visit the link
EUROUZ & MEMBER NEWS
1 - EUROUZ welcomes a new member - Benkam
Benkam is a young and rapidly developing enterprise that specializes in aluminum extrusion for the automotive, construction, and renewable energy industries. The company boasts itself with the state-of-the-art production facility in FEZ Navoi. The main goal of BENKAM is to produce a high-quality and environmentally friendly product that meets all international standards. Currently, the company is successfully exporting its products to Europe and North America and actively working to expand its presence in these markets.
For more information, please visit the link
Not a member yet?
Join EUROUZ to access exclusive market support for your business activities in the country.
1. INTERNATIONAL COOPERATION
1.1 EUROPE
UK FCDO Minister held talks with government officials in Uzbekistan
The Parliamentary Under Secretary of State at the British Foreign, Commonwealth & Development Office, responsible for Central Asia, Leo Docherty, visited Uzbekistan last week and held meetings focused on energy, education, counter-terrorism, and human rights. He met with several Uzbek deputy ministers.
Uzbekistan ratifies three treaties with Italy
These include a treaty on mutual legal assistance in criminal matters, establishing protocols for investigation and prosecution, and covering issues like request procedures, refusal conditions, and case transfers. Another treaty allows for the transfer of convicted persons, enabling Uzbek and Italian citizens to serve sentences in their respective countries, based on specified legal procedures. The third is an extradition treaty, outlining the conditions for extraditing individuals wanted for prosecution or sentence execution.
Uzbekistan ratifies visa-free diplomatic travel agreement with Czech Republic
Uzbekistan's President signed a resolution approving a treaty with the Czech Republic, allowing diplomatic passport holders visa exemptions. This agreement, signed in Prague on 11 October 2023 during a visit by the Uzbek delegation led by Prime Minister, designates the Uzbek Ministry of Foreign Affairs as responsible for its implementation.
A Memorandum was signed between the Competition Committee and the Antimonopoly Authority of Türkiye
1.2 CENTRAL ASIA & CAUCUSES
Kyrgyzstan ratifies agreements with Uzbekistan in field of prevention and response to emergency situations
This agreement focuses on preventing and responding to natural and man-made disasters, reducing risks, ensuring preparedness, and providing mutual assistance in emergencies. It enables joint resolution of emergency consequences, exchange of experience and technology, training of specialists, and implementation of joint projects for protecting populations and territories in Kyrgyzstan and Uzbekistan from such emergencies.
Uzbek-Kazakh working group to formed to eliminate trade barriers
Kazakhstan and Uzbekistan agreed to form a joint working group to boost mutual trade. Sides discussed enhancing trade-economic and industrial cooperation. Trade has grown from $1.9 billion in 2016 to $4.6 billion in 2023, with a goal to reach $10 billion. Initiatives include an online trading platform through UzKazTrade and the development of the “Central Asia” industrial cooperation center to streamline logistics and promote production.
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