American-Uzbekistan Chamber of Commerce
Week in Review:
August 15, 2014 - August 22, 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  We invite you to be part of our organization and participate in our activities and events.   


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In This Issue:
China, Uzbekistan to speed up railway project
AUCC Member SSI earns Inc. 5000 Honors as fast growth government contractor
Regulation forming hydrocarbon exploration program approved in Uzbekistan
Uzbekistan, KOICA discussing Korean grant assistance

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.



August 20, 2014


A five-year development plan for furthering the China-Uzbekistan partnership has been signed.

This follows a meeting between the presidents of the two countries in Beijing.

"Both sides have agreed to strengthen cooperation in energy, commerce, finance, investment, agriculture and transportation. There are also agreements to ensure the building of line-D of the China-Central Asia natural gas pipeline and to develop the Silk Road economic belt," Chinese President Xi Jinping said.

The two sides have also agreed to speed up a railway project linking China, Kyrgyzstan and Uzbekistan.

Uzbekistan President Islam Karimov, who is on a two-day state visit to China, says much has been accomplished.

"We have signed a total of 22 cooperation agreements. The total value of the deals signed today has reached 5.2 billion US dollars. Adding the trade agreement and the total value of deals signed during this visit has reached more than 6 billion US dollars."

President Karimov expressed appreciation over China's policies in developing friendship and win-win cooperation with Central Asian countries, vowing to back China's proposals on the Silk Road economic belt and the Asian Infrastructure Investment Bank.

The two sides have also agreed to strengthen coordination within the Shanghai Cooperation Organization.

Sustainment Solutions, Inc.  


August 20, 2014


Today, Sustainment Solutions, Inc. (SSI) was recognized on the prestigious Inc.5000 list of the fastest growing private companies across the nation. In its first year of eligibility, SSI's outstanding work and growth landed the company at number 826 out of 5000 fastest growing companies in the nation. In addition, SSI received honors as the nation's 16th fastest growing security company and the third fastest growth company in Kentucky.

"We are extremely fortunate and I am honored to accept this distinguished award on behalf of the excellent men and women of SSI," said Scott Shinn, President/CEO of SSI. "Each day our team ensures the readiness of key security perimeter machines that keep our troops and contractors safe in difficult regions across the globe. As the world continues to witness conflict, SSI will continue to serve the safety needs of our armed forces and allies."

In 1982, Inc. introduced the Inc. 500 list of the fastest-growing privately held companies in the United States. Since then, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success and the place where future household names first make their mark. Pandora, 7 Eleven, Toys 'R' Us, Zipcar, and numerous other well-known brands have been honored by the Inc. 500|5000.

President/CEO Scott Shinn is a true entrepreneur who not only focuses on growth, but also on the quality of services that SSI provides. This recognition by Inc. 5000 is a second national platform that SSI has been on this year. Earlier in 2014, SSI was recognized as one of the top 100 small businesses across the country by the US Chamber of Commerce.

SSI will continue to strive for success through growth as a company and as a leader in honor, integrity, ethical values, and moral values.



August 19, 2014


The Uzbek Cabinet of Ministers approved a regulation forming the exploration program of the Uzbekneftegaz National Holding Company (NHC).

The procedure for the development, coordination and approval of long-term (for a period of five to 15 years), medium-term (up to five years) and the annual hydrocarbon exploration programs has been determined, according to the decree posted in the Uzbek electronic media Aug. 19.

The exploration programs are being worked out by Uzbekneftegaz, according to the document.

According to the document, the long-term exploration program is conceptual. It determines the main directions of perspective development of the geological sector. It proceeds from priorities to enhance the country's hydrocarbon resource base, taking into account the situation on the world market, advanced scientific and technical solutions in the areas of geological exploration, production and processing of hydrocarbon raw materials.

The parameters and criteria set out in the long-term exploration program in accordance with Uzbekistan's long-term socio-economic development strategy will be specified in the medium-term program.

The annual exploration program includes geological exploration to search for oil and gas reserves given the target parameters (direction, stage, types and exploration volume, expected outcomes, the amount of the planned appropriations by indicating the sources of their funding) for each project, as well as the expected timing of their implementation.

The long-term and medium-term exploration programs are approved by the Uzbek Cabinet of Ministers, the annual programs - Uzbekneftegaz in coordination with the Ministry of Economy and Ministry of Finance, the Uzbek State Committee on Geology and Mineral Resources, according to the document.

Hydrocarbon reserves are planned to be increased by 24.5 percent - to 3.16 billion tons of standard fuel in accordance with the concept of the Uzbek oil and gas industry until 2020, according to Uzbekneftegaz.

In this case, the annual volumes of prospect, exploration and parametric drilling will increase by 2.5 times and reach 300,000 linear meters annually.

Around 25 percent of the total hydrocarbon resources have been used in Uzbekistan, including Bukhara-Khiva region - 75 percent, South-West Gissar - 35 percent, Surkhandarya - 12 percent, Fergana - 22 percent and Ustyurt - 15 percent, according to the holding.

Uzbekneftegaz's capacity allows ensuring natural gas production in the volume of 70 billion cubic meters and liquid hydrocarbons - in the volume of eight million tons per year.

The proven recoverable hydrocarbon reserves in the country as of January 1, 2014 amounted to more than 2.5 billion tons of standard fuel, of which about 65 percent is natural gas reserves, according to the Uzbek State Committee on Geology and Mineral Resources.

Around 232 hydrocarbon deposits were discovered in Uzbekistan, including 183 gas fields. Around 103 are being developed, and 60 prepared for development. Exploration operations are underway at 69 fields.



August 18, 2014


Uzbekistan and the Korea International Cooperation Agency (KOICA) are discussing the main directions of the Korea's grant assistance to the existing and future joint projects.

The discussions are being held during the visit of KOICA President Kim Yong Mok to Uzbekistan on August 17-19, KOICA office in Uzbekistan said.

During the visit, he would hold talks with Uzbekistan's First Deputy Prime Minister Rustam Azimov, as well as the representatives of the Ministry of Foreign Economic Relations, Investments and Trade, the Ministry of Labor and Social Welfare and the Ministry of Agriculture and Water Resources.

As part of Mok's visit, the Saemaul Undong (Movement for a new village) program will be launched in the Tashkent region.  KOICA was established in 1991 to manage Korea's grant aid and technical cooperation programs in the developing countries by transferring Korea's development experiences to these countries.

Over the past 22 years, KOICA jointly with the Uzbek government has implemented 23 different projects worth more than $71 million, ranking first in terms of the volume in Central Asian countries. From 1992 to 2013, more than 1,350 Uzbek specialists were trained in Korea.  An agreement between two sides' governments was signed in early August on the grant assistance for two new projects, the KOICA office said.

These projects are initiated by the Center for Professional Training in Shakhrisabz city. They include a project to increase the capacity of vocational training in Uzbekistan and a project to increase the capacity of Uzstandard agency by using ICT.  KOICA has allocated $8 million and $7 million for these projects respectively.

Today, eight projects and cooperation programs are being implemented in Uzbekistan with the assistance of KOICA. The total budget of all these projects has amounted to $9.2 million this year.

The American-Uzbekistan
Chamber of Commerce
1300 I Street, N.W.,
Suite 720W
Washington, DC 20005
phone: 202.509.3744