American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:
 
January 17, 2014 - January 24, 2014
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2014 Opens a New Era for the Chamber
  

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.  While 2013 concluded our celebrations for the 20th anniversary it also opened a new era for the chamber and our members.

 

We are delighted that today AUCC continues to be 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.

 

We thank you all for your support and engagement and look forward to another year of progress and business successes.  

 

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
New USAID Mission for Central Asia director to visit Uzbekistan
EU Special Representative to visit Uzbekistan
Uzbekistan's foreign trade turnover ups
Mitsubishi and Uzbekenergo plan to launch service venture
Gazprom increased gas production in Uzbekistan in 2013
Reconstruction of irrigation network in South Uzbekistan completed

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  

 

January 22, 2014

 

New director of the regional mission of the U.S. Agency for International Development (USAID) in Central Asia, Jonathan Addleton will visit Uzbekistan from Jan.22 to Jan.27, the agency said on Jan.22.

"During the official visit to the country, Ambassador Addleton will meet with senior officials of the Uzbek government, as well as representatives of the private sector, local NGOs and other civil society institutions to discuss a large spectrum of issues of bilateral cooperation," then agency said.

Jonathan Addleton is a career diplomat who holds the rank of Minister Plenipotentiary. In 2009-2012, he served as U.S. Ambassador to Mongolia, in 2012-2013 as a senior representative of civil affairs in southern Afghanistan, in Kandahar province. He was also a representative of the Agency for International Development in the European Union, USAID Mission Director in Pakistan, Cambodia and Mongolia and director of the agency's programmes in Jordan, South Africa and the Republic of Yemen.

USAID has provided assistance to Uzbekistan since 1993 under a bilateral agreement with the Uzbek government. To date, the agency provided Uzbekistan with funds totalling $330 million for the implementation of joint projects in healthcare, education, private sector development and micro-credit.

en.trend.az  

 

January 20, 2014

 

EU Special Representative for Central Asia, Patricia Flor will pay her next visit to Uzbekistan on Jan.21-23, Uzbek Foreign Ministry said on Jan.20.

The visit's schedule envisages meetings and negotiations in the Senate Oliy Majilis (upper house of the parliament), in the government and the ministries of foreign affairs, economy, agriculture and water industry for discussion on practical issues of development and multilateral relations between Uzbekistan and the EU, according to the Foreign Ministry.

Patricia Flor was appointed EU Special Representative for Central Asia in July 2012. The current visit to Uzbekistan is the fourth since her appointment.

As was reported, Uzbekistan's relations with European countries are developing both at a bilateral level and within the Partnership and Cooperation Agreement between the republic and the European community and member states that came into force on July 1. 1999.

Uzbekistan's dialogue with the EU is carried out between five joint bodies: the Cooperation Council, Cooperation Committee, Parliamentary Cooperation Committee, Subcommittee on Trade and Investment, Subcommittee on Justice, Home Affairs and other related areas.

azernews.az  

 

January 22, 2014

 

Uzbekistan's foreign trade increased by 9.4 percent and hit $28.886 billion in 2013. Exports grew by 10.9 percent and amounted to $15,087,200,000 and imports saw growth by 7.7 percent and equaled $13,798,800,000, the state statists committee reported.

Uzbekistan's foreign trade surplus in 2013 amounted to $1,288,400,000

The committee did not provide information about the commodity structure of exports and imports, as well as the country's main trading partners.

As of 2012, foreign trade turnover of Uzbekistan increased by 0.9 percent and amounted to $26.287 billion. Exports fell by 5.1 percent to $14.259 billion and the volume of imports rose by nine percent to $12.028 billion.

Uzbekistan's foreign trade surplus amounted to $2.231 billion. This showed this figure decreased by 42.3 percent in 2013.

uzdaily.com  

 

January 23, 2014

 

Japan's Mitsubishi Corporation and the state joint stock company Uzbekenergo is planning to create a joint venture on exploitation and technical maintenance of thermal power station in Uzbekistan, RIA Novosti reported quoting source, who aware with the situation.

The source said that creation of the joint venture was included to the list of the projects, which will be discussed with the Japanese company in 2014. The issue will be discussed till the summer.

He said that Mitsubishi is a supplier of combined-cycle units within the modernization of two thermal power stations in Uzbekistan - Navoi and Talimardjan.

In 2012, the consortium of Turkey's Calik Enerji Sanayi ve Ticaret AS and Spain's Initec modernized Navoi thermal power station with the cost of US$530 million. Mitsubishi delivered two combined-cycle units with the capacity of 477 megawatts on turn-key bases.

Currently, Uzbekenergo is studying a project on construction of the second combined-cycle unit with the capacity of 450 megawatts. The Japanese company can supply equipment.

In March 2013, South Korea's Daewoo and Hyundai signed a contract with Uzbekenergo on modernization of Talimarjan thermal power station with the cost of US$861 million.

Within the term of the contract, the consortium will construct two combined-cycle units with the capacity of 450 megawatt each. Mitsubishi will supply combined-cycle units within the project.

en.trend.az  

 

January 18, 2014

 

Gazprom JSC increased its gas production in Uzbekistan by five percent in 2013 compared to 2012 amounting to 315 million cubic meters, Gazprom EP International, operator of JSC projects abroad, said.

Gazprom produces natural gas at the Shakhpakhty field in North-West Uzbekistan.

Reconstruction and additional development of Shakhpakhty is Gazprom International's pilot project in Uzbekistan, implemented on the terms of a production sharing agreement (PSA), signed in 2004 for 15 years.

During 2013, Gazprom International experts carried out repairs on seven wells at the field and commissioned four new ones. At present, the current operational fund of wells at Shakhpakhty amounts to 20 units. Average daily gas production taking into account corrections in the production schedule, was equal to 940,000 cubic meters.

The Shakhpakhty gas condensate field located in the Ustyurt plateau in Karakalpakstan (northwest Uzbekistan), was opened in 1962. Initial gas reserves of an industrial category were approved to 46.5 billion cubic meters. Industrial production began in 1974 and reached 2.5 billion cubic meters per year.

During the period of operation, 36.5 billion cubic meters of gas was produced from the field accounting for 78.5 percent of the initial approved reserves. Currently Shakhpakhty's recoverable reserves are estimated at eight billion cubic meters.

Production at the field was terminated and the wells suspended in 2002. Within the licence to develop four productive formations of the field, Gazprom has carried out work on reconstruction, drilling of new wells and production of raw materials since 2004.

Gas produced at Shakhpakhty is delivered to the Karakalpakstan compressor station and then supplied to consumers via Central Asia-Centre gas pipeline. The total volume of gas produced by Gazprom in the field since 2004 is 2.5 billion cubic meters.

In February 2012, Gazprom declared the completion of geological exploratory work at a total cost of $400 million in Uzbekistan's Ustyurt region and the intention to expand the resource base of projects in the republic.

cihan.com  

 

January 17, 2014

 

Uzbekistan has completed the reconstruction of its Amu Zang irrigation system in the Surkandarya province (South of Uzbekistan) worth $112.6 million, Ministry of Agriculture and Water Resources of Uzbekistan told Trend on Jan.15.
Three major pumping stations lifting water from the Amu Darya, treatment facilities, irrigation and drainage networks were reconstructed within the project, the ministry said.
In addition, under the project the water resources management was reorganized in seven administrative regions with a population of about 800,000 people serviced, agro-service centers were created and equipment to monitor the use of water in households of regions participating in the project was installed.
The project is financed with the loan of the Asian Development Bank (ADB) in the amount of $73.2 million allocated to the Uzbek government in 2003.
The ADB loan was allocated for the period of 25 years including a five-year grace period, at a reduced interest rate, based on LIBOR rate.
Uzbek government has allocated some $37 million and the local participants of the project $2.4 million for the implementation of the project.
British Mott Macdonald consortium and Turkish Temelsu are the financial consultants. Japanese Kubota Corp and Chinese CNTIC are suppliers of basic technological equipment.
The Amu Zang irrigation system in Uzbekistan was constructed in 1973, and by the beginning of modernization in 2005, up to 80 percent of the channel's equipment needed technical rehabilitation. The modernization will ensure a steady supply of irrigation water to the area of about 300,000 hectares. 


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phone: 202.509.3744
 
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