American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:

July 19, 2013 - July 26, 2013
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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.   

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In This Issue:
AUCC IN BRIEF
Uzbek President notes constructive nature of Uzbek-US dialogue
Modernization of large gas processing plant in Uzbekistan completed
World Bank provides $100m for energy efficiency in Uzbekistan
Uzbekistan, China vow to strengthen strategic partnership

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.

en.trend.az  

 

President of Uzbekistan Islam Karimov received the commander of the US Central Command Lloyd Austin on Thursday, Uzbekistan National News Agency (UzA) reported.

According to UzA, bilateral issues, including cooperation in ensuring security and stability in the region were discussed at the meeting. An exchange of views on the prospects of a peaceful settlement of situation in Afghanistan was also carried out.

Islam Karimov noted the constructive and progressive nature of Uzbek-American dialogue that allows for the consistent deepening of ties in all spheres of mutual interest.

In turn, the head of the US Central Command underscored the interest of the US leadership in the further development of relations between the two countries.

It was reported that the day before Lloyd Austin and Uzbek Foreign Ministry officials discussed Uzbek-American relations in various fields, international and regional issues, including Afghanistan and previously signed bilateral agreements.

As it was reported earlier, the former commander of the US Central Command General James Mattis visited Uzbekistan in March last year.

In October 2012, the commander of US Transportation Command William Fraser III visited Uzbekistan for consultations with country's government. During the visit, he held meetings with the Foreign Minister Abdulaziz Komilov and Defense Minister Kabul Berdiyev, in order to discuss the issues related to the Northern Distribution Network.

en.trend.az

 

The National Holding Company (NHC) "Uzbekneftegaz" completed the modernization of $171.8 million worth UDP "Mubarek Gas Processing Plant" in Kashkadarya region in the South of the country, Uzbekistan's Ministry of Economy and State Statistics Committee said in a joint statement.
According to the report, the project envisaged the construction of the seventh stage of gas desulphurization within 3 (16th, 17th, 18th) universal blocks with total capacity of 6 billion cubic meters per year. The contractors of the construction are the subdivisions of "Uzbekneftegaz" NHC.
The 18th block became operational in the third quarter of 2012 and the remaining two blocks - in the first quarter of 2013.
The financing of the project was carried out at the expenses of "Uzbekneftegaz" NHC's own resources.
The implementation of the project will give opportunity to insure a reliable work of the installed capacities in purification of the natural gas from hydrogen sulfide and sour gas in the long-term perspective, as well as compensate the volume of natural gas processing to the GEA.
The blocks of the new stage will also give opportunity to solve the issue of gas processing at the "Hauzak-Shady" site in Bukhara region, which is processed by "LUKOIL" JSC within PSA with Uzbekistan.
As it was reported, the Russian company commissioned the "Hauzak-Shady" gas field in 2007, within the "Kandym-Khauzak-Shady-Kungrad" PSA. The production level in this field amounted to about 4 billion cubic meters at the end of 2012.
The "Mubarek Gas Processing Plant" was commissioned in 1971. currently, the capacity of the plant amounts to nearly 30 billion cubic meters of natural gas and the production capacity to over 570,000 gas condensate per year.

energylivenews.com  

 

The World Bank is providing funding worth $100 million (65m) for the Republic of Uzbekistan to improve energy efficiency in its industrial sector.

Uzbekistan is said to be one of the most energy intensive countries in Eastern Europe and Central Asia and a large carbon dioxide emitter and the World Bank aims to help the nation reduce power, fuel usage and greenhouse gas emissions.

The Energy Efficiency Facility for Industrial Enterprises Project (UZEEF) will use the cash to finance projects with around 200,000MWh of energy saving potential. The energy efficiency improvements will include updating outdated machinery and equipment in industrial firms.

Takuya Kamata, World Bank Country Manager for Uzbekistan said: "The potential for energy savings through implementation of energy efficiency measures in industrial enterprises in Uzbekistan is large. The use of financial intermediaries to promote energy efficiency investments is an approach which has been successfully applied by the World Bank in other countries, including in the original UZEEF project in Uzbekistan."

Last week the World Bank said it would limit funding for new coal-fired power plants in developing countries. It also approved a loan last month for an energy efficiency project in Belarus.

xinhuanet.com/english  

 

Uzbekistan and China vowed on Tuesday to further enhance their strategic partnership and deepen pragmatic bilateral cooperation.

Uzbekistan cherishes its friendly relations with China, and looks forward to a state visit by Chinese President Xi Jinping scheduled for September, Uzbek President Islam Karimov said during a meeting here with visiting Chinese Foreign Minister Wang Yi.

Uzbekistan hopes that President Xi's visit will help lift the two countries' strategic partnership to a new high, said Karimov.

He reiterated that his country firmly supports China's efforts to safeguard national sovereignty and territorial integrity and to fight the "three evil forces" of terrorism, separatism and extremism.

Wang, for his part, said that both sides should seize the opportunity of Xi's visit to further strengthen mutually- beneficial cooperation and enhance coordination in major international and regional affairs.

China is ready to provide full support for Uzbekistan in its preparations for the hosting of a high-level meeting of the Shanghai Cooperation Organization later this year, added the minister.


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