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Economy

 
 
On 17 May, the Ministry of economy held a meeting with the Korean delegation led by senior Advisor of Knowledge Sharing Program, Mr. Yong-Kon Chin.
 
Uzbekistan will built a new company in the field of hydropower. This was announced by the President Shavkat Mirziyoev during his visit to Sardoba reservoir.
 
Agriculture in the region is consistently developed, the ranks of diversified farms is extending, livestock, poultry and sectors are yielding good results. These projects contribute to the growth of welfare of the population and provide them with quality food products.
 
The head of state during his trip in Sirdarya region visited the enterprise "Sirdaryo Best Fashion" in the city of Gulistan.
 
Peugeot Citroen and JSC Uzavtosanoat entered into agreement to establish a joint venture Ц Uzbekistan Peugeot Citroen Automotive. This partnership is aimed at building a production plant in Jizzakh SIZ. The plant will specialize in the production of full industrial cycle of light commercial vehicles under the brand "Peugeot" and "Citroën", intended for transportation of passengers and cargo. The authorized capital of the joint venture will amount to И30 million with equal distribution of shares. Total investment for this project amounts to approximately И130 million.
 
The State Committee of the Republic of Uzbekistan for the promotion of privatised enterprises and the development of competition and the Federal Antimonopoly service of the Russian Federation signed a Memorandum of understanding on cooperation in the area of competition policy.
 
The Labor Ministry of Uzbekistan held a meeting with Japanese delegation comprised of representatives of Japanese Association "Chuo Sangyo Shinko", "Three Concier Co., Ltd.", social security corporation "Kinunokai", "Medical Brain Co., Ltd." corporation of social welfare "Wolf јrden" and "PRIEM".
 
The state visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to China has been full with different activities and mutually beneficial meetings.
 
The adopted document provides for the improvement of this direction through reorganising the Main Department of forestry under the Ministry of agriculture and water management of Uzbekistan to independent State Committee of the Republic of Uzbekistan on forestry.
 
The President of the Republic of Uzbekistan Shavkat Mirziyoev met with representatives of business circles of China.
 
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