American-Uzbekistan Chamber of Commerce
Business Newsletter

 

Week in Review:


December 9, 2011 - December 16, 2011 

 

In this issue
AUCC in Brief
Archive of the AUCC-issued Newsletters, Press Releases and Public Statements
South Korean Development Bank buys Uzbekistan unit of RBS
UNCTAD delegation pays visit to Uzbekistan
Telecoms market in CIS countries to recover in 2012
Uzbek singer Dilfuza Ismoilova to perform in Virginia
AUCC Office: Holiday Schedule
Contact Us
AUCC Members
aucc logo
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. 

aucc logoArchive 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.
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.
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
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
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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