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 Business Newsletter 
  
Week in Review: 
 December 9, 2011 - December 16, 2011  
  
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             AUCC in Brief  
Established in 1993, the American-Uzbekistan Chamber of Commerce (AUCC) is a private, non-profit trade association representing interests of U.S. businesses ranging in size from small private enterprises to large, multinational corporations conducting business in Uzbekistan. 
Our Mission: To advocate the views of the business community to ensure that private sector positions are considered during the development of key policies that impact American businesses and the future of U.S.-Uzbekistan relations. 
Our Objective: To serve the needs of its members by strengthening commercial relations between the United States and Uzbekistan.  
 
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             Archive of the AUCC-issued Newsletters,  Press Releases and Public Statements 
 http://www.aucconline.com         The American-Uzbekistan Chamber of Commerce is pleased to introduce a new feature that was recently added to our website - Archive of the AUCC-issued Newsletters, Press Releases and Public Statements.   We hope that providing our readers with a quick and easy access to the past issues of our publications will advance our audience's awareness of business developments in Uzbekistan and the role of U.S. businesses in exploring trade and investment opportunities there.              |  
 | South Korean Development Bank buys Uzbekistan unit of RBS 
 http://www.wsj.com of 12/14/2011     
  
State-run Korea Development Bank said Thursday it  bought an 82.35% stake in the Uzbekistan unit of Royal Bank of Scotland  Group in its latest move to grow its presence in central Asia.
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 | UNCTAD delegation pays visit to Uzbekistan 
 http://www.uzdaily.com of 12/13/2011     
  
A delegation of UNCTAD led by Nicolae Popa, a regional coordinator of  ASYCUDA programme in Europe and CIS, held negotiations at the State  Customs Committee of Uzbekistan on 30 November-1 December 2011.  
The visit was aimed at presenting ASYCUDA and discussing possibility of  participation of Uzbekistan in implementation of pilot project on  establishing information cooperation between the Single Automated  Information System of the State Customs Committee of Uzbekistan and  ASYCUDA, set at the Customs Departments of Uzbekistan at transit  corridor through the Uzbek-Afghan border at Hairatan area. 
During the meeting, it was announced that the World Bank allocated  resources to Afghanistan to implement multi-component project, one of  component of which is to establish information exchange between  Uzbekistan and Afghanistan in transit sector. The project envisages  exchange of information with all of countries, bordering with  Afghanistan. Uzbekistan is the first country, with which UNCTAD started  negotiations. 
The UNCTAD delegation shared information on achievements of its  programme in Afghanistan. In particular, the programme helped  Afghanistan to set transit procedures in line with international  standards, all procedures are automated, etc. 
The UNCTAD delegation also offered cooperation in some other areas such  as introduction risk management mechanism, including development  "one-stop-shop" system. Such cooperation could include providing  international consultants, recommendations, trainings and methodical  tools of the UN. 
The Uzbek side presented single automated information system and answered to all questions of the guests about the system. 
Nicolae Popa said that single automated information system of the State  Statistics Committee is one of the best and advanced systems in the  region and should be studied by customs bodies of neighboring states. 
 At the end of the meeting, UNCTAD delegation expressed gratitude for  well organized visit and presented opportunity for exchange of  experience.  
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 | Telecoms market in CIS countries to recover in 2012
 http://www.openpr.com of 12/13/2011     
  
There is no doubt, that besides Russia, the three biggest  telecommunications markets in the CIS region are Ukraine, Kazakhstan and  Belarus, followed by Uzbekistan and Azerbaijan. However, by per capita  spending the regional leaders are Kazakhstan, Moldova, Azerbaijan and  Belarus, while Ukraine is in the seventh position. There are many  reasons for the difference in per capita spending in the CIS states,  including prices of the service and spending structure. There has not  yet been any attempt to calculate and compare the cost of the standard  service basket in the CIS countries. In Ukraine, for example the price  of the mobile telephony or internet access services is one of the lowest  in the CIS countries and there is also a relatively well-developed  fixed-line telephony network, therefore consumption of  telecommunications services in volume is bigger in comparison to  Kazakhstan or Azerbaijan, which have even higher per capita spending in  value.
  
Moldova, which has a common border with the EU states and high density  of population, has a strong advantage for the development of  telecommunications services and has made a significant step forward in  this area, in spite of being less economically developed in comparison  to other CIS countries. A significant drawback is Moldova's population,  which is one of the lowest in the region. 
  
Georgia and Armenia also achieved visible progress in the development of  their telecommunications markets because of the liberalisation and  creation of a competitive environment. National telecoms monopolies in  these countries lost the exclusive right for external voice and data  traffic exchange and were privatised. Foreign investors managed to  develop strong business and created competition. On the other hand, even  the most developed Middle Asian countries like Uzbekistan and  Kazakhstan and Caucasus oil exporter, Azerbaijan, are far behind the CIS  leaders in the development of internet access services mainly due to  being located quite far from the world's most developed economic regions  (chiefly the EU), which necessitates a high cost for the construction  of backbone networks in these countries.  Full report is available  here.    
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 | Uzbek singer Dilfuza Ismoilova to perform in Virginia
    
Ellipse LLC is glad to announce the concert of a well-known and popular singer from Uzbekistan with her national songs, fashion and souvenirs WHEN: December 24, 2011 TIME: 2 PM WHERE: "Jammin Java" Music club 227 Maple Avenue E Vienna, VA 22180 For directions call 703-255-1566, or  send an email to Ainur Kuketayeva, Executive Director of Ellipse LLC at ainurmk@yahoo.com Tickets: general admission $20, students $15 , children (10 y) - free For tickets please contact 571-228-8224
  
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            | AUCC Office: Holiday Schedule 
   
The AUCC office will be closed on Monday, December 26, 2011 and Monday, January 2, 2012.      
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  Contact Information    The American-Uzbekistan Chamber of Commerce 1300 I Street, N.W., Suite 720W Washington, DC 20005 phone: 202.509.3744 info@aucconline.com www.aucconline.com    |  
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