Month: August 2017

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

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. The heads of foreign offices discussed practically the entire range of issues of bilateral relations, exchanged views on the agenda of the upcoming ministerial meeting in the format “EU-Central Asia” in Uzbekistan. Abdulaziz Kamilov invited Federica Mogherini to take part in an international conference under the aegis of the United Nations on the problems of ensuring security and stability in Central Asia, which is planned to be held this autumn in Samarkand. The parties also considered topical aspects of international and regional policy. (Source: Press Service of the MFA of the Republic of...

Read More

Meeting with Deputy Prime Minister of Belgium

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. The parties discussed in details the topical issues of further development and deepening of bilateral ties in such areas as political and inter-parliamentary contacts, mutual trade, cultural and humanitarian exchanges. It was noted that over the 25 years since the establishment of diplomatic relations, a considerable amount of experience in mutually beneficial cooperation has been gained. In particular, the current mechanism of regular political consultations between the foreign ministries of the two countries allows for a comprehensive and detailed analysis of the state of interaction, the identification of the most promising areas of interest to both sides. As emphasized in the conversation, the Strategy of Action adopted in Uzbekistan on five priority directions of the country’s development in 2017-2021 opens new opportunities for developing Uzbek-Belgian relations in various fields and giving them a multifaceted character. At the meeting, the sides also exchanged views on some international and regional issues. (Source: Press Service of the MFA of the Republic of...

Read More

On meeting of Cooperation Council “Uzbekistan-EU”

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. Before the meeting, a short ceremony of signing the Protocol to the Partnership and Cooperation Agreement establishing a partnership between the Republic of Uzbekistan, of the one part, and, the European Communities and their Member States of the other part, to take account of the accession of the Republic of Croatia to the European Union took place. On behalf of Uzbekistan, the document was signed by the Minister of Foreign Affairs Abdulaziz Kamilov, on behalf of the European Union – Sven Mikser, the Minister of Foreign Affairs of the Republic of Estonia, which is the EU Chairman currently, and the head of the European Commission’s Directorate General for External Trade Petros Surmelis. During the meeting, the issues of the bilateral agenda, the implementation of previously reached agreements were discussed in details. The parties reaffirmed their readiness to develop a long-term and mutually beneficial partnership on a wide range of issues, both in bilateral format and at the interregional level. As noted, Uzbekistan and the European Union are interested in consolidating efforts in the fight against terrorism, religious extremism, the spread of drugs and other types of organized crime. At...

Read More

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

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. The new structure will specialize in financing investment projects on the development of production and exports of agro-industrial products. It also intends to assist clients in developing strategies to promote fruit and vegetable and other agricultural products to international markets jointly with foreign banks, financial institutions, diplomatic and trade missions. The head of state released UzAgroExportBank and its branches for five years from the date of state registration from all types of taxes and mandatory contributions to state trust funds, and assigned to ensure targeted investment of the released funds in strengthening of the logistical capacity. By January 1, 2020, the governing body of the new bank is required to draw a strategic foreign investor into the authorized capital with a share of as much as 15%. Today, there are 27 banks across the country. As of January 1, 2017, the total capital of the banking system exceeded 9.4 trillion soums (currency rates of CB RU from...

Read More

Uzbek Health Ministry to create Network of Social Pharmacies

The Ministry of Health of Uzbekistan will create its own network of social pharmacies. President of Uzbekistan Shavkat Mirziyoyev on Monday signed a resolution “On additional measures to improve the system of providing the population with medicines and medical products”. Uzbek leader instructed the Ministry of Health together with the Ministry of Economy, the Ministry of Finance, the Ministry for the Development of Information Technologies and Communications, the Ministry of Justice and the State Committee on Assistance to Privatized Enterprises and Competition Development of Uzbekistan to develop a set of measures to create own network of social pharmacies to improve accessibility of socially important medicines and medical products. The main goal of pharmacies is to sell medicines and medical products to the population at fixed prices. Establishment of pharmacies should help to increase the availability of socially important medicines and prevent uncontrolled use of medicines by citizens, including through tightening the requirements for dispensing prescription drugs and introducing information systems for monitoring the implementation of such medicines. The President instructed to introduce an information system, which will monitor realization of socially important medicines dispensed by doctors’ prescriptions. (Source:...

Read More

Annual Issues

Monthly Issues