American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:
 
September 5, 2014 - September 12, 2014
OIly MajlisNBUImage 2
AUCC 20th logo

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.   

 

Our Members:
Boeing
CNHIndustrial
Coca-Cola
FMN
GE
GM
Harris
HW
Indsur Stelcor, Inc.
Lockheed Martin small
Nukem
Rio Tinto
Solar Logo
SSI logo
White & Case
Zeppelin
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In This Issue:
AUCC IN BRIEF
Update and Reminder: 2014 US-Uzbekistan Annual Business Forum
Uzbekistan's President to Take Part in Upcoming SCO Summit Meeting
Uzbekistan to produce more solar collectors
ADB Project #48208-001: Kandym new PRG and amendment of existing loan/PRG

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.

AUCC  

 

September 12, 2014

 

2014 US-UZBEKISTAN ANNUAL BUSINESS FORUM

 

WHERE: Tashkent, Uzbekistan

 

WHEN: Tuesday, November 11, 2014

 

TIME: 9.00 AM - 5.00 PM

 

REGISTRATION DEADLINE: Monday, 

September 29, 2014

 

UPDATE: Please register online to receive an Application Form that includes information on Uzbek visa, hotel accommodation, transportation, etc. 

 

On Tuesday, November 11, 2014, the American-Uzbekistan Chamber of Commerce (AUCC) will participate in the 2014 US-Uzbekistan Annual Business Forum in Tashkent, Uzbekistan.   It has become the chamber's well-established tradition to alternate the forum between Washington, DC and Tashkent and allow AUCC members to communicate their business plans directly to the American and Uzbek people.  The AUCC delegation will be led by the chamber's Chairperson, Carolyn B. Lamm, and its' President Timothy Y. McGraw.  Minister of Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan, Elyor Ganiev, is expected to represent the Uzbek Government.

 

"Last year, we were delighted to celebrate the chamber's 20th anniversary which was a major milestone and achievement for our companies and the people of the US and Uzbekistan", said AUCC Chairperson, Carolyn Lamm.  "Now that we have entered the new era, our members are inspired to do more.  Last year's forum focused on financial instruments available to US exporters and manufacturers.  This year's event will hopefully highlight and outline the AUCC companies' specific plans and contracts that can boost the bilateral trade and make the US one of the top three trading and investment partners of Uzbekistan.  Addressing our business partners in Tashkent and providing the US companies' assessment and perspective of their ongoing and future scale of business plans is crucial to fostering constructive and dynamic relations.  We sincerely hope that our commercial aspirations will continue to be supported by the Governments of the US and Uzbekistan that have both outlined business and commerce as a pillar of their geopolitical agenda".  

 

"We are honored to have the opportunity to travel this year to Uzbekistan and bring the forum to the country which welcomed the majority of our companies some 20 years ago. There is clearly great enthusiasm, optimism and confidence expressed by both sides in the AUCC members' ability to bring more innovative projects and technology, cutting-edge scientific research and groundbreaking exploration works that will benefit the two countries.  And in return, our companies are eager to be given the opportunity and to demonstrate that their technologies and expertise are superior to those of the competition", said AUCC President Timothy Y. McGraw.    

AUCC is a private, non-governmental, 501 (c)(6) trade association that was established in 1993 in Washington, DC.  The chamber is the oldest business group in the US and the Republic of Uzbekistan that exclusively represents interests of US corporations and multinational companies with significant American involvement before the governments of our two countries.  

 

Today, AUCC represents: The Boeing Company, CNH Industrial, The Coca-Cola Company, FMN International, General Electric, General Motors, Harris Corporation, Honeywell, Indsur Stelcor, Inc., Lockheed Martin, Nukem, Inc. (a subsidiary of Cameco Corporation), Rio Tinto, Solar Turbines/Caterpillar Company, Sustainment Solutions Inc., White & Case LLP, and Zeppelin International AG (authorized Caterpillar Distributor).  

 

REGISTRATION DEADLINE:

Please use registration links below to indicate your interest in the event.  Registration deadline is Monday, September 29, 2014. 

 

SPONSORSHIP:

For sponsorship opportunities, please contact AUCC atinfo@aucconline.com.

 

INTERNATIONAL HOTEL TASHKENT AND TRANSPORTATION IN TASHKENT:

Special hotel and transportation rates are available for AUCC members and guests.  Please contact AUCC atinfo@aucconline.com for details. 

 

APPLICATION FEE:

Free for AUCC members (will be verified) and US Government representatives.  

 

$300 per person - All other guests and participants. This is a one-time and non-refundable fee.  Please follow links below to make a payment and register for the event.      

Get more information
Register Now!
I can't make it
For more information about the event, please contact AUCC office at info@aucconline.com or call us at 202-509-3744.  

 

Thank you for your attention and response.  We look look forward to seeing you on Tuesday, November 11, 2014 in Tashkent, Uzbekistan!
 
Sincerely,

 

The American-Uzbekistan Chamber of Commerce
202-509-3744

Press Service of the President of the Republic of Uzbekistan  

 

September 9, 2014

 

President of the Republic of Uzbekistan Islam Karimov will take part in the next session of Shanghai Cooperation Organization's Council of the Heads of State that is due 11-12 September 2014 in the city of Dushanbe.

Leaders of SCO member nations are expected to discuss the prospects of further improvement of the Organization's activities, regional security issues, those pertinent to bolstering the economic and investment cooperation, interaction in the transport-communications sphere and other topics of shared interest.

Azer News  

 

September 8, 2014

 

Uzbekistan has established a new enterprise engaged in production of solar collectors.

The facility was commissioned in the Dzizak special industrial zone, a representative of the Uzbekenergo State Joint-Stock Company told Trend Agency.  The enterprise, called Quyosh Issiqlik Energiyasi (Solar Thermal Power), was jointly commissioned by Uzbekistan and China.  A framework agreement on cooperation in organizing the new projects for introduction of energy-saving innovations was signed between Uzbekenergo and the Chinese Hangzhou Zhongwu Electronic Meters Company Limited in April 2013.  In July 2013, Jizzax Hududiy Elektr Tarmoqlari Korxonasi, Uzbekenergo and Hangzhou Zhongwu Electronic Meters Company Limited inked an agreement on establishing a joint venture in Dhizzak.  The project worth $3.34 million is aimed at manufacturing 50,000 solar water heaters annually. The project is being co-financed with China's direct investment.  The Dzizak special industrial zone was established in March 2012 under a decree signed by Uzbek President Islam Karimov.

Dzizak industrial zone will have a branch in the Syr Darya province. The project envisages the effective utilization of the production and resource of Dzizak and Syr Darya provinces, creation of new jobs, and increase of the population's income.

The Dzizak special industrial zone mainly tries to attract direct investments for launching high-tech and innovative production to produce competitive goods for domestic and foreign markets.

The Dzizak industrial zone will be in operation for 30 years, with a capacity of extension. During this period, special tax regulations and customs benefits will be provided depending on the volume of investment.

Uzbekistan's potential of renewable energy sources amounts to about 51 billion tons of oil equivalent. The country's hydropower potential is 9.2 million tons of oil equivalents, while the potential of solar energy with 300 sunny days per year is 50.973 billion tons, wind potential 2.2 million tons and geothermal waters 0.2 million tons of oil equivalents.

In early 2013, Uzbekistan developed a set of measures for development of alternative sources of energy. The country established the International Institute for Solar Energy jointly with ADB in September 2013.

The institute is aimed to implement high-tech developments in the field of industrial application of solar energy, to conduct applied researches on the use of solar energy in various sectors of economy and to coordinate the development of documentation for major projects in the field of solar energy.

Asian Development Bank  

 

September 8, 2014

 

Project Data Sheet (PDS): Details

 

Description

The project will construct and operate gas wells, gas collection clusters, gas processing plant, ancillary infrastructure, and other associated facilities in the Kandym gas field in Uzbekistan.

Objectives and Scope

1) Development of environmentally safe, technically sound and financially sustainable gas field in Kandym; (2) successful mobilization of large-scale co-financing from foreign commercial banks and (3) increased local employment generation in a relatively poor rural area in the Bukhara-Khiva region.

Project Rationale and Linkage to Country/Regional Strategy

The project is consistent with ADB' s country partnership strategy (CPS) 2012-2016 and country operations business plan for Uzbekistan, which recognize the critical importance of private sector development and the need for ADB private sector operations to promote export potential and catalyze foreign investment in infrastructure (including energy). The project supports the CPS target of focusing on the upstream and downstream development of Uzebkistan 's natural resources, inclusive of petrochemical and refinery projects, to bolster value-added export products and support petroleum refining and logistics. With a foreign private company sponsoring the project, ADB 's support will further catalyze foreign direct investment to the country in a sector with significant export potential and will promote transparency in natural resource development.

Safeguard Categories

Environment: A

Involuntary Resettlement: B

Indigenous Peoples: C

Summary of Environmental and Social Aspects

Environmental Aspect Effective measures to avoid, minimize or mitigate and compensate for the identified environmental and social impacts have been incorporated in the Environmental Impact Assessment (EIA).

Involuntary Resettlement The area is mostly uninhabited arid desert land. Prior land acquisitions have been in accordance with Safeguard Policy Statement as documented in the ADB social compliance audit report. For any additional land acquisitions, the borrower will screen for involuntary resettlement impacts and follow the Resettlement Framework agreed with ADB.

Indigenous Peoples There are no Indigenous Peoples that will be affected by the project.

Stakeholder Participation and Consultation

Information disclosure and consultations are conducted in accordance with ADB requirements.

Project Sponsor

LUKOIL OVERSEAS UZBEKISTAN

CONTACT INFORMATION:aucc logo
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