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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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.
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azernews.az
April 23, 2014
Uzbekistan has signed three loan agreements with international financial institutions in the first quarter of 2014, which envisage attraction of funds worth $151 million, Trend Agency reported.
In particular, Uzbekistan and the Asian Development Bank (ADB) signed a loan agreement on the implementation of the project on solid waste management.
The project worth $76.2 million aims at improving the collection, transportation and disposal of solid household waste, as well as improving the sanitation conditions of the Tashkent region.
The loan is allocated for the period of 20 years, including a five-year exemption period.
Also, Uzbekistan and ADB signed a loan agreement worth $42 million for implementation of the project on reconstruction of sewerage systems of Ferghana and Marghilan cities.
The loan is allocated by the Asian Development Fund and is the fourth and last tranche of the debt package of ADB in the amount of $300 million approved by the bank in September 2009.
The funds of the fourth tranche will be used to modernize the water supply system of Ferghana and Marghilan.
The Uzbek government has also attracted $40 million of additional funds of the International Development Association (IDA, included in the World Bank Group) within the framework of the Agricultural Enterprises Support Project Phase II.
The funds were allocated to finance the farmers and growing of their working capital through local financial institutions.
Additional credit is granted for 25 years with five-year exemption period, at an interest rate of 1.25 percent per annum.
Uzbekistan joined the ADB in August 1995. Currently, the portfolio of cooperation between Uzbekistan and the ADB includes 40 projects worth $14.5 billion.
Uzbekistan and the ADB are jointly implementing the strategically important investment projects and programs such as the construction of two steam gas units with a total capacity of 900 MW at the Talimarjan thermal power plant, a large scale program of road construction and reconstruction, building the Ustyurt Gas Chemical Complex at Surgil deposit and a housing program in rural areas.
Uzbekistan joined the WB in 1992. The WB's mission in the country is to improve people's livelihood by supporting economic reforms, contributing to the modernization of the country's social sectors and infrastructure, and sharing its knowledge and experience with the government and the people of Uzbekistan. The WB's current commitments to Uzbekistan amount to over $1 billion.
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azernews.az
April 22, 2014
Uzbekistan's Almalyk mining and metallurgical plant has started exploratory work at Kuldara area of copper-zinc mineralization in Kashkadarya region.
The plant will conduct geological exploration works on this area to expand resource base of mining and processing complex until mid-2016, the combine's representative told Trend Agency.
Mining and processing complex worth $147 million was commissioned in early 2011. The design capacity of the complex is 650,000 tons of ore per year. Production capacity of the copper enrichment plant designed to produce 5,000 tons of copper concentrate, 20,000 tons of lead concentrate and 60,000 tons of zinc concentrate annually.
The combine also plans to start developing a new copper mine Dalnee in the Tashkent region by the end of the year which is considered as a reserve to replace commissioned capacities of Kalmakyr and Sarah-Ceku mines.
It is planned to reach the level of 35 million tons of ore annually within the project scheduled for 2021.
In spring of 2013 the British-Australian Rio Tinto Company started exploration of copper deposits in the prospective Hava area in Namangan in eastern Uzbekistan under a license issued for a period of five years. An operating company Gava Exploration LLC, a wholly-owned daughter of Rio Tinto, was established for activity in Uzbekistan.
Uzbekistan has significant reserves of metals, in particular gold, copper, lead, zinc, silver, tungsten, uranium and molybdenum. The country has large minerals development potential, most of which is economically viable.
Currently, there are 900 discovered ore occurrences and deposits of copper in Uzbekistan. However, only three of them, concentrated in the Almalyk area, are being operated.
Being the second largest mining company the Almalyk Mining and Metallurgical Plant is the only copper producer in Uzbekistan and one of the largest manufacturers of non-ferrous metals in Central Asia. The plant accounts for nearly 90 percent of silver production and 20 percent of gold production in the country. The plant is composed of two mining companies, two processing plants and two metallurgical plants.
The plant has the rights to develop copper-molybdenum and lead-zinc ores in the area of Almalyk in Tashkent region. The Almalyk Plant's resource base includes copper-porphyry ores at the Kalmakyr and Sary Cheku fields in Tashkent region, the lead-zinc-barite ore deposit Uch-Kulach in Djizzak and the lead-zinc ore deposit Khandyza in Kashkadarya region. The share of the Almalyk plant in Uzbekistan in the production of silver and gold is 90 percent and 20 percent of the total volume respectively.
The total production of the plant is estimated at more than $300 million annually.
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aucconline.com
April 25, 2014
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Invitation:
US Embassy in Tashkent, Uzbekistan
to Host
Direct Line to American Business
Video Conference
on Procurement Needs of Hospitality Industry in Uzbekistan
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TIME: 10.00 AM (EST)
DATE: Wednesday, April 30, 2014
WHERE: Online Access (details upon registration)
REGISTER BY: Friday, April 25, 2014
On April 30, the U.S. Embassy Tashkent will host a Direct Line to American Business video conference call. The call will explore procurement opportunities for U.S. businesses in the Uzbek hospitality (restaurant, hotel, motel) industry.
- Direct Line provides an open medium for facilitating interactions between U.S. suppliers and Uzbek companies searching for ways to improve their competitiveness and profitability.
- Direct Line will include representatives of Uzbekistan's restaurants and hotel industries who are interested to buy "Made in USA".
- Direct Line will give U.S. hospitality industry companies the opportunity to explore the needs of potential Uzbek clients and meet them online before they travel to the NRA Expo 2014 to be held in Chicago on May 17-20.
- The Uzbek participants hope to share their needs with U.S. manufacturers and vendors of restaurant and hotel-related equipment. If possible, they would like to visit US companies and discuss specifics relating to the finances and logistics. Additionally, U.S. manufacturers of restaurant and hotel equipment/services interested in displaying their equipment in a state-of-the-art facility in Tashkent will have an opportunity to inquire about this possibility.
Attendees in the U.S. will be able to log into the event from any computer with Internet access. Participants will be able to enter their questions and comments via text-input.
If you would like to register for the event or receive further information, please contact us at: BusinessInUzbekistan@state.gov andinfo@aucconline.com.
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aucconline.com
April 25, 2014
Organized by:
Sponsored by:
WHEN:
09.00-10.45 A.M.
MAY 14, 2014
WHERE:
THE PFISTER HOTEL MIRROR ROOM
(7TH FLOOR SOUTH)
424 EAST WISCONSIN AVE., MILWAUKEE, WI
RSVP:
OR (202) 679-9945
RSVP DEADLINE:
MAY 9, 2014
Roundtable Meeting with Uzbek Ambassador to the United StatesH.E. Bakhtiyar Gulyamov This event offers excellent opportunity for US companies to develop new foreign market that can increase exports and profits. Located in Central Asia, Uzbekistan is home to almost 30 million people, has rich natural resources base, and enjoys annual GDP growth of 8%. The country's established infrastructure and well-skilled workforce are an attraction to AUCC members, including Boeing, CNH Industrial, Coca-Cola, FMN International, General Electric, General Motors, Harris Corporation, Honeywell, Indsur Stelcor, Inc., Lockheed Martin, Nukem Inc., Rio Tinto, Solar Turbines, Sustainment Solutions, Inc., White & Case LLP and Zeppelin International AG (authorized Caterpillar's distributor), and many others. Please join our discussion with H.E. Ambassador Bakhtiyar Gulyamov on commercial opportunities and how to make the first step towards doing business in Uzbekistan. 9:00 am Networking and Registration 09:30 a.m. Welcome and Opening Remarks by Mr. Ted Kiel, Director of Operations, World Trade Center Wisconsin 09.35 a.m. Overview of Uzbekistan's Economic and Business Potential By Uzbek Ambassador H.E.Bakhtiyar Gulyamov 09.45 a.m. Presentation on Opportunities in Uzbekistan by Trade and Investment Counselor Mr. Laziz Kudratov 10.05 a.m. Q&A 10.45 A.M. Conclusion
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aucconline.com
April 25, 2014
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Invitation:
US Embassy in Tashkent, Uzbekistan
to Host
Direct Line to American Business
Video Conference
on Franchising Opportunities
in Uzbekistan
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TIME: 10.00 AM (EST)
DATE: Thursday, May 22, 2014
WHERE: Online Access (details upon registration)
REGISTER BY: Monday, May 19, 2014
On May 22, the U.S. Embassy Tashkent will host a Direct Line to American Business video conference call. The call will explore franchising opportunities for U.S. businesses in Uzbekistan.
- The conference will give U.S. franchising companies the opportunity to learn the needs of Uzbek clients who will attend the 2014 International Franchise Expo in New York, June 19-21.
- The meeting will include a group of Uzbek CEOs from local private companies that are looking for new international partners and have required capabilities, buying capacities and experience in franchising business. Our goal is to match their interests against US companies and allow both parties to have preliminary discussions before Uzbek participants embark on their travel to New York.
Attendees in the U.S. can participate by logging into the call from any computer with Internet access. Participants will view a live audio-video feed from the Embassy, and can directly participate through text input.
If you would like further information and details about registering for the event, please send your company contact information to: BusinessInUzbekistan@state.gov andinfo@aucconline.com.
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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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