American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:
 
January 24, 2014 - January 31, 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
Uzbekistan seeking to buy Azerbaijani defense products
SCO Foreign Ministries hold consultations in Moscow
Uzbekistan plans to attract Japanese loan for TPP construction
Uzkimyosanoat announces tender for mining equipment
Ministry of Agriculture and Water Management attracts US$96.21m

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.

azernews.az  

 

January 30, 2014

 

An Uzbek official has expressed his country's interest in buying the defense and dual-use products of Azerbaijan defense industry.

Uzbek First Deputy Defense Minister, Chief of the General Staff of the Armed Forces, Major-General Shavkat Normatov made the statement in a meeting with Defense Industry Minister Yaver Jamalov on January 29.

During the meeting, the two sides also discussed prospects of cooperation in the field of defense industry and issues of mutual interest.

General Narmatov also visited the facilities of Azerbaijan defense industry and get more familiar with the production process.

Uzbek Ambassador to Azerbaijan Sherzod Faiziev attended the meeting.

Normatov's official visit to Azerbaijan will last until January 30.

During his visit, Normatov has already met with Defense Minister Zakir Hasanov, Deputy Minister of Defense of Azerbaijan, Chief of General Staff, Colonel General Najmeddin Sadigov.

The defense ministries of both countries discussed mutual cooperation and regional security in a meeting in Baku.

uzdaily.com  

 

January 26, 2014

 

The Ministries of Foreign Affairs of the member states and observer states of the Shanghai Cooperation Organization (SCO), as well as other interested sides held consultations to discuss regional security issues in Moscow on 22 January 2014.

Representatives of Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, Afghanistan, India, Iran and Mongolia, Pakistan and Turkey participated at the consultations. Representatives of the UN, CSTO and Anti-Terrorism Center of CIS also attended the event.

The sides exchanged opinion on issues of ensuring regional security with focus on combating international tourism and religious extremism, illegal turnover of narcotics, organized crime, cyber crime and other challenges and threats of transboundary character.

The sides underlined that it is important to fight with terrorism and illegal opium economy in Afghanistan as important condition for achieving long-term safety and prosperity of the region. It was stated that solving these issues will require attention and collective efforts of international community.

Situation in Afghanistan is an important factor for regional safety in the context of withdrawal of international Safety Assistance Forces (ISAF) in 2014. The participants supported stable, safe, prosperous and single Afghanistan.

The participants underlined importance of providing international aid to Afghan national security forces to raise their capabilities and financial aid to prevent worsening of situation in security area after the ISAF mission completes.

The sides underlined that the UN should have coordination role in regional cooperation to achieve sustainable peace and security in Afghanistan and assist to its reconstruction and development.

The participants underlined that national peace should be achieved under guidance of Afghans and by the Afghans, which would help to speed up peace and stability in Afghanistan. The participants highly rated efforts of Afghanistan in ensuring regional security within process "Central Asia" as a regional initiative.

It was underlined that the SCO is planning to establish cooperation with the UN structures. Currently, it has been cooperating with the UN Office for Drug and Crime.

Majority of the participants called for boosting of cooperation between the SCO and interested states, international and regional organizations to ensure regional security and stability, to deepen trade-economic and cultural-humanitarian cooperation in the region.

It was underlined that the SCO is a convenient platform for dialogue and agreeing position on complex of issues on ensuring regional security.

The meeting was held in constructive mood and affirmed close views of the sides on considered issues.

azernews.az  

 

January 29, 2014

 

Uzbekistan plans to attract a loan of Japan International Development Agency (JICA) in the amount of $650 million for the construction of Turakurgan thermal power plant (TPP) in Namangan region, a representative of Uzbekistan's financial circles told Trend Agency.

The initial cost of the project is about $1 billion,

The sides already A preliminary agreement was reached on allocation of loans and the parties currently discuss the conditions and details of the loan agreement, according to the representative.

The loan agreement can be signed during the period from June to December 2014, according to the source.

It was earlier reported that Uzbekenergo State JSC has started the construction of Turakurgan TPP in Namangan region with the capacity of 900 megawatt.

Currently, Uzbekenergo conducts preparation and all-construction work on the site of construction of the TPP. Simultaneously, the final version of the feasibility study which is planned to be completed in November-December, 2014 is underway.

Under the project it is planned to construct two power units of the TPP with capacity of 450 megawatt each by 2018. The commissioning of the first power unit is scheduled for 2016 and the second - for 2017.

Alongside with JICA loan, it is planned to finance the project with the loan of Uzbek Reconstruction and Development Fund and equity of Uzbekenergo State JSC.

The new TPP in Uzbekistan is being constructed in order to ensure the uninterrupted electricity supply of consumers in the country's Andijan, Namangan and Fergana provinces located in Fergana Valley.

Currently, the electricity supply in the region is carried out from the central part of Uzbekistan through the power transmission line of 500 kV. Before the commissioning of the power transmission lines in 2008, the Fergana Valley was almost entirely supplied with electricity from Kyrgyzstan.

Some 45 power plants, including 16 power plants which are part of Uzbekenergo State JSC operate in Uzbekistan's power supply system.

The electricity generation in Uzbekistan increased by 3.2 percent (to 54.207 billion kilowatt/hours) in 2013 compared to 2012.

uzdaily.com  

 

January 27, 2014

 

State joint stock company Uzkimyosanoat announced tenders for purchase of special mining equipment for Kungrad Soda Plant.

Local and foreign companies and organizations, including small businesses can participate in the tenders, the announcement said.

The tenders were announced on four lots "Supply of hydraulic, crawler-mounted excavator", "Supply of mining truck 45 tonnes", "Supply of frontal loader" and "Supply of bulldozer".

The tender proposals will be accepted till 24 February 2014.

State joint stock company Uzkimyosanoat started to implement a project on expansion of capacities of Kungrad Soda Plant with the cost of US$110 million in early 2013.

China's Eximbank issued loan for US$77 million, Fund for Reconstruction and Development of Uzbekistan - US$14.4 million and own funds of Uzkimyosanoat.

Kungrad Soda Plant is only enterprise on production of soda ash in Central Asia. The enterprise was commissioned in August 2006 by China's Citic Pacific Ltd. and Uzkimyosanoat. Total project cost was US$250 million.

The project capacity of the enterprise is 100,000 tonnes of ash soda a year. The main raw material for construction of soda ash is sodium chloride (salt) and limestone.

All main raw materials for production are produced in Uzbekistan. The sodium chloride is mined at Barsakelmes deposit, located 53km away from Kungrad Soda Plant and limestone at Jamansay limestone deposit, developed at 250 km away from the plant. According to geologists, the approved reserves of these raw materials can satisfy demand of the plant for over 100 years.

In June 2012, China's CITIC Ltd signed contract with Uzkimyosanoati to design and supply equipment for increasing capacity of Kungrad Soda Plant twice up to 200,000 tonnes a year.

The project will be implemented within two years. Uzkimyosanoat's division carries out general construction works.

uzdaily.com  

 

January 27, 2014

 

Ministry of Agriculture and Water Management of Uzbekistan attracted foreign investments for US$96.21 million in 2013, the press service of the ministry said.

According to investment programme of Uzbekistan for 2013 with attraction of foreign loans under the warranty of the Government, Ministry of Agriculture and Water Management of Uzbekistan should attract foreign investments for US$96.18 million and use US$76.16 million within 15 projects.

Last year, the Ministry of Agriculture and Water Management of Uzbekistan used foreign investments for US$82.05 million.

In particular, the Ministry used US$0.369 million within the project "Drainage project of Uzbekistan. The project on allocation of drainage in South Karakalpakstan" with participation of International Bank for Reconstruction and Development", US$0.998 million within the project "Rehabilitation pump station Alat in Bukhara region" with the participation of Saudi Fund for Development", US$6.855 million within the project "Rehabilitation system of channel Amu Zang" with participation of the Asian Development Bank".

Within the project "Sector Project. Water Resources Management in Ferghana and Zarafshan valleys" with the participation of the Asian Development Bank", it was used for US$25.10 million, the project "Water Resources Management in the Ferghana Valley. Phase-1 "with the participation of the World Bank" - $11.421 million.

The Ministry used US$17.8 million withinthe project "Rehabilitation of irrigation network and drainage systems in Jizzakh and Syrdarya regions" with participation of Kuwait Fund for Arab Economic Development, Islam Development Bank and OPEC Fund for International Development.

Within the project "Reconstruction of pump stations "Navoi" and "Uchkara" in Navoi region with participation of the Government of France" were used investments for US$0.55 million.

The ministry attracted US$0.79 million to implement a project "Reconstruction of pump station Asaka-Adir in Andijan region due to loan of China", US$0.83 million - within a project "Reconstruction of pump station Raish-Hakent-2 in Andijan region due to loan of China", US$0.74 million - project "Reconstruction of pump station Kukumbai in Namangan region due to loan of China", and US$1.15 million - project "Reconstruction of pump station Kanimeh-1 in Navoi region due to loan of China".

Within the project "Reconstruction of pump station Kasaba in Navoi region due to loan of China", the ministry attracted US$0.8 million in 2013, project "Reconstruction of trunk irrigation canal of Tashsakin system of Khorem region" with Islamic Development Bank used investments for US$0.152 million, a project "Support of agriculture enterprises, Phase-2" with the participation of the World Bank - US$6.8 million.

At the same time, the ministry used investments for US$12 million within a project "Improving land-reclamation in Bikhara, Navoi andKashkadarya regions", which is realized with the Asian Development Bank.


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