American-Uzbekistan Chamber of Commerce
Week in Review:
July 10, 2015 - July 17, 2015
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Dear AUCC Members and Friends:


Happy Holidays and best wishes for a prosperous New Year! 


We would like to express our gratitude to all AUCC members who, through all these years, have proven to be Uzbekistan's true allies and have been nothing but dedicated, reliable, honest and most conscientious business partners inspired to expand the bilateral relationship, business climate and promote development to enhance the lives of the people of Uzbekistan and the US.  


Our companies recognize that despite the global economic slowdown, Uzbekistan has managed to secure successfully greater macroeconomic stability and growth.  We applaud the Government of Uzbekistan for their continuous process to improve the operating business environment that US companies benefit from and fiscal discipline that has enhanced economic growth.  We greatly appreciate our own US Government for their continuous dialogue with their Uzbek counterparts on how to use trade and investment engagement as a pillar of the bilateral relations.


We stand ready to use our business acumen to facilitate the Uzbek and US Governments' efforts to attract more American companies and helping those who are already here generate even more success stories for the world to hear. We hope for the US and Uzbek Governments' support in helping us multiply our achievements and generate more projects and contracts that will make our nations achieve greater prosperity, stability and higher rates of development. 


Happy Holidays!  May 2015 bring greater prosperity to the American and Uzbek people. 




Carolyn Lamm, AUCC Chairperson

Timothy McGraw, AUCC President


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:

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.


July 17, 2015 


Uzbekistan's GDP grew by 8.1 percent in H1 of 2015, compared to the same period of 2014, the country's Prime Minister Shavkat Mirziyoyev said.

He made the remarks during the government meeting on the results of the country's socio-economic development in H1 of 2015.

The industrial and agricultural production increased by 8.1 percent and 6.5 percent, respectively during the reporting period. The inflation level didn't surpass the forecasted parameters.

The production volume of consumer goods rose by 13.5 percent, retail turnover - 14.8 percent, services - 13.1 percent. The export volume has increased by 7.4 percent. Black ink was ensured in the foreign trade turnover.

The volume of used investments in Jan.-June increased by 9.8 percent, including direct foreign investments and loans - by 10.9 percent.

Implementation of 63 investment projects has been completed within the investment program for 2015.

Around 1,900 facilities have been commissioned. Intensification of investment processes has allowed to ensure the volume of contract construction work by 18 percent.

Over 441,800 jobs were created in Uzbekistan throughout H1 of 2015.

Over 15,200 small business entities were created in the country in Jan.-June 2015, or 6.3 percent more than in the same period of 2014. Loans worth 6.4 trillion Uzbek soums were allocated for the for small business entities during the reporting period, or 1.3 times more than in the same period of 2014.

Uzbekistan's GDP increased by 8.1 percent in 2014, compared to 2013, industrial production - 8.3 percent, agriculture - 6.9 percent.

The government plans to ensure 8 percent growth in GDP, industrial production - 8.3 percent, agriculture - 6 percent, investment - 9.6 percent as of 2015. Moreover, the government aims to keep the inflation level at 5.5-6.5 percent in 2015.



July 16, 2015 


Uzbekistan and Russia have discussed the relevant issues of bilateral relations, the prospects for developing the cooperation in political, trade, economic, cultural, humanitarian and other spheres, Uzbekistan's Foreign Ministry said.

The discussions were held between Uzbekistan's Foreign Minister Abdulaziz Kamilov and his Russian counterpart Sergey Lavrov in Tashkent.

Russian ambassador to Uzbekistan Vladimir Turdenev also took part at the meeting.

During the talks, the sides focused on the practical steps for implementation of the agreements reached during the meeting of the two countries' presidents Islam Karimov and Vladimir Putin in Ufa, Russia July 10, said the ministry.

During the summit of the Shanghai Cooperation Organization (SCO) in Ufa, Putin sent invitation to Islam Karimov to pay a state visit to Russia.

The sides reaffirmed their interest in cooperation within Uzbekistan's chairmanship in SCO in 2015-2016.


World Grain

July 14, 2015 


Uzbekistan has pushed hard to increase grain production, moving land and resources into the sector, but the country remains one of the world's biggest flour importers.

In its Grain Market Report, the International Grains Council (IGC) puts total grains production in Uzbekistan at 7.1 million tonnes in 2015-16, compared with 7.6 million in 2014-15. Total grains imports are put at 2.2 million tonnes, compared with 2.1 million in 2015-16, the figure being made up entirely of wheat.

In an update issued last August and referring to 2014-15, the USDA attaché said that the government of Uzbekistan reported about 8.05 million tonnes of total grain production, "out of which 93% to 94% is considered to be wheat."

Based on irrigation water-deficit problems in the south, preliminarily forecasts for MY2014-15 wheat production is at 7.15 million tonnes, the report said.  [Read full report here].



July 14, 2015 


Uninterrupted functioning of health services is of the highest importance in emergencies and disasters. Continuing functioning of hospitals depends on a range of factors, including the safety of its buildings, critical systems and equipment, the availability of supplies, and the emergency and disaster management capacity of the hospital. The Safe Hospital Initiative is a priority among the five messages of the Sendai Framework for Disaster Risk Reduction, which was agreed by 186 countries in March 2015.

WHO/Europe is assisting the Ministry of Health in Uzbekistan to train national experts in applying the Hospital Safety Index (2nd edition), which is a tool for assessing the safety and preparedness of hospitals to remain operational in emergencies and disasters. [Read full report here].



July 17, 2015 






8.30 am - 4.00 pm

Tuesday, October 13, 2015


Pavilion Room

The Ronald Reagan Building and International Trade Center

1300 Pennsylvania Avenue NW

Washington, DC 20004



Mr. Elyor Ganiev, Minister of Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan (confirmed)

Uzbekneftegaz (oil and gas industry)
Uzbekimyosanoat (chemical industry)
Uzfarmprom (pharmaceutical industry)
Uzbekenergo (energy)
Uzavtosanoat (automobile industry)
Uzeltechsanoat (electromechanical industry)
Uzstroimateriali (building and construction industry) 
Oziq-ovqatsanoat(food industry)

This list is tentative and there might be changes.   
(as of 7/17/2015):

Mr. Michael Delaney, Assistant US Trade Representative, USTR (confirmed) 

Mr. Michael Lally, Executive Deputy Assistant Secretary, Europe, Middle East and Africa, US Department of Commerce (confirmed)

Mr. Raymond Ellis, Vice President & Manager, Global Business Development Division, Export-Import Bank of the United States (confirmed)
Mr. Daniel Rosenblum, Deputy Assistant Secretary for Central Asia, Bureau of South and Central Asian Affairs, US Department of State (confirmed)

The event will be followed by a reception to welcome members of the official Uzbek delegation and the forum's participants
More information about the forum's speakers and agenda to follow.


Organized by the American-Uzbekistan Chamber of Commerce


Sponsored by The Ronald Reagan Building and International Trade Center



For more sponsorship opportunities, please contact AUCC at 202-509-3744 and


AUCC would like to invite all interested parties to participate in the 2015 US-Uzbekistan Annual Business Forum and hear the Uzbek Government plans and opportunities for our members' increased trade and investment engagement in the market that can help US become a leading business partner.  AUCC members will also share their success stories to encourage more US companies to do business and invest in Uzbekistan.    


The American-Uzbekistan Chamber of Commerce (AUCC) is the only trade association in the United States and Uzbekistan that exclusively represents the business interests of U.S. companies active in the Uzbek market. Established in 1993 and based in Washington, D.C., AUCC is the first bilateral trade organization that successfully promotes trade and investment ties, cultural exchanges and bonds of friendship between the United States and the Republic of Uzbekistan.


In performing its functions, AUCC places primary emphasis on serving the needs and interests of its members, namely:  
The Boeing Company, Case New Holland Industrial, The Coca-Cola Company, 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. These companies are united by one common cause: promotion of trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan.


Today, Uzbekistan represents the largest market in the Central Asia region with a population of almost 30 million people, an annual GDP growth of 8% and a well-established and diversified economy. American companies invested more than $500 million in the Uzbek economy during the period 1992 to 2012.  In addition, U.S. exports to the Republic of Uzbekistan amounted to more than $3.3 billion. The year 2012 is a good example when US exports to Uzbekistan totaled more than $285 million compared to $100 million in 2011 and $101 million in 2010.  In 2013, the trade levels continued to increase reaching a record $386 million.  During the first nine months of 2014, the US-Uzbekistan trade turnover amounted to $281 million.  While this is good news, the volume of U.S. exports and investments in this largest Central Asian market is lower than those of Uzbekistan's near neighbors, including Russia with its' 2013 exports to Uzbekistan reaching more than $7.1 billion; Сhina - $5.2 billion and Korea - $2.1 billion.  


To register and learn more about the forum, please click here.  Seating is limited.  


Please respond by Monday, October 5, 2015 to confirm your participation.


Admission Fee:


$00.00 - AUCC members ONLY and the US Government offices


$100.00 - All other companies and organizations


Cancellations received within 48 hours of the event are non-refundable. 

Click on the link below to register or RSVP.
Register Now!
For more information about the event, please contact AUCC office at or call us at 202-509-3744.  


Thank you for your attention and response.  We look look forward to seeing you on Tuesday, October 13, 2015. 


The American-Uzbekistan Chamber of Commerce


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