American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:
March 22, 2013 - March 29, 2013
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AUCC 20th logo

2013 Marks AUCC 20th Anniversary

Since 1993 the American-Uzbekistan Chamber of Commerce has been at the forefront of advancing trade and business relations between the US and the Republic of Uzbekistan. AUCC prides itself in catering to the needs of our members, providing them with a platform to interact with policy makers in the US and the Republic of Uzbekistan and ensuring that bilateral commercial relations continue to be on the governments' top agenda.   

 

For the last twenty years AUCC has been a vigorous advocate of the views of the business community to ensure that private sector positions are considered during the development of policies that impact American businesses and the future of U.S.-Uzbekistan relations.    

 

We are delighted that today AUCC is a well-known organization that is recognized for its strength and ability to work closely with a great number of partner organizations. AUCC enjoys excellent working relations with the Embassy of the Republic of Uzbekistan in Washington, D.C., the Government of the Republic of Uzbekistan, Uzbek ministries, associations and organizations as well as the executive and legislative branches of the U.S. AUCC also coordinates its efforts with a great number of international financial institutions, business councils and other professional organizations.

If your company is interested in joining AUCC, please contact our office at 202-509-3744 or info@aucconline.com.  We invite you to be part of our organization and participate in our activities and events.   

Our Members:
Boeing
CNH
Coca-Cola
FMN
GE
GM
Harris
HW
Indsur Stelcor, Inc.
Lockheed Martin small
Nukem
Rio Tinto
Sikorsky
Solar Logo
White & Case
Zeppelin
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In This Issue:
AUCC IN BRIEF
Invitation to Attend «SportWorld Uzbekistan-2013»: November 19-21, 2013
Uzbekistan to build Afghan railway
Uzbekistan and EU discuss cooperation
Senate of Uzbekistan approve amendments to law on regulation of Parliament's Legislative Chamber

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.
The main objective of the exhibition is an introduction of modern technologies and achievements in the field of sports, modernization of present productive capacities, production of qualitative sports apparatus, inventory and equipment, improvement of material and technical base of sports recovering establishments, objects and facilities, and popularization of healthy way of  life as well. The main thematic sections of the exhibition:
  •           Sports inventory and outfit;
  •           Sportswear, footwear, and accessories;
  •           Sports medicine, provision and recovering nutrition;
  •           Sports floor coverings for halls and outdoor areas;
  •           Sports equipment (gymnastic, track and field athletics, basketball, kayaks, bicycles, and others);
  •           Sports facilities. Engineering;
  •           Training apparatus. Fitness;
  •           Specialized sports furniture;
  •           Specialized award wares, souvenirs and sports attributes;
  •           Sport in entertainment industry.

For detailed information please read:

 

Brief Information 

Terms of Participation 

Application Form 

Invitation   

 

If interested, please contact Laziz Kudratov, Uzbek Embassy's Trade & Economic Affairs Counselor at kudratovl@gmail.com  

Possible joint projects in economics, investing, trade, logistics, small business and private entrepreneurship, motor-car production and agriculture have been discussed by representatives of Uzbek and Omani business circles during a business forum held in Tashkent.

The business forum was organized as part of a visit of the Omani delegation led by Secretary General Secretary of the Foreign Ministry Sayyid Badr bin Hamad al Busaidy.

Omani entrepreneurs showed great interest in the opportunities delivered by the Uzbek side in "Navoi" free industrial economic zone and "Angren" industrial free zone.

The parties stressed that Uzbekistan and Oman have formed a strong legal base. The countries have intergovernmental agreements on mutual stimulation and the protection of investments, avoidance of double taxation and the prevention of capital tax evasion and an agreement on the establishment of a joint Uzbek-Oman Investment Fund.

The Omani State Public Reserve Fund, controlled by the government and the Uzbek Reconstruction and Development Fund signed documents creating UzOmanCapital with authorized capital of $ 500 million.

The Omani government owns 75 percent of shares; Uzbekistan owns 25 percent of the institution.

In 2013, UzOmanCapital plans to allocate $ 100 million to implement joint projects in textile, electronics and building materials in Uzbekistan at a total project cost of about $ 300 million.

The Foreign Ministers of Kazakhstan and Uzbekistan Yerlan Idrisov and Abulaziz Kamilov discussed preparations for the upcoming visit of Kazakh President Nursultan Nazarbayev to Tashkent in early June on Wednesday in Tashkent.

"Today we are meeting to discuss a wide range of issues of cooperation, including the preparations for the forthcoming visit of President of Kazakhstan Nursultan Nazarbayev to Uzbekistan. Besides the general issues of the region, it is also planned to discuss the ways of addressing new external challenges where we have similar positions," Kamilov said.

Kazakh Minister Yerlan Idrisov was received by the President of Uzbekistan Islam Karimov at his residence Aksaray.

The President noted the importance of the upcoming meeting and supported the draft treaty on strategic partnership prepared by the two foreign ministries, the signing of which is planned for the visit of President Nursultan Nazarbayev to Tashkent.

Earlier, Uzbekistan and Kazakhstan signed a treaty of eternal friendship.

The Uzbekistan Senate approved amendments to the law 'on regulation of the Legislative Chamber of the Republic of Uzbekistan', providing expansion of the role of factions of political parties at all stages of the legislative process.

It was noted during the discussions that the main tasks of the Legislative Chamber today include further democratisation of the legislative process, activating and enhancing the role and responsibility of political party factions in parliament for the legal provision of the reforms and consideration of interests of different groups and social layers.

Political parties must try to implement their statutory and program goals and objectives more actively and defend the interests of the electorate through the adoption and implementation of legislation, using mechanisms of parliamentary control.

According to the innovations, the bills in the future will be considered not only by the responsible committee, but also by all party factions. The relevant committee doesn't have the right to make a decision on the bill without the opinions of the party factions.

Moreover a representative of the committee should inform members of the chamber about the views of different factions while considering the bills at meetings of the legislative chamber.

New amendments envisage more democracy and a transparent mechanism of distributing received drafts empowering the Kengash of the legislative chamber to appoint in a collegial way a committee responsible for their preliminary consideration.

It is expected that the law will increase both the professional activity of MPs and the role of the political party factions and MP groups in preparation of bills and other regulations having a positive impact on the quality of adopted documents and further democratisation of the legislative process.

In accordance with the established procedures, the bill approved by the Senate is directed to the president for confirmation.


CONTACT INFORMATION:aucc logo
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