American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:
 
July 17, 2015 - July 24, 2015
OIly MajlisNBUImage 2
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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. 

 

Sincerely, 

 

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 [email protected]  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.

Benzinga

July 24, 2015 

 

Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Corporation (MC) will build a large scale ammonia and urea fertilizer production plant for Navoiyazat Joint Stock Company (Navoiyazat JSC), a chemical production company of the Uzkimyosanoat Joint Stock Company (Uzkimyosanoat JSC) that manages chemical enterprises in Uzbekistan. An EPCC (engineering, procurement, construction and commissioning) contract with Navoiyazat JSC will soon take effects.

The fertilizer plant will be built in Navoiy, a city in the central region of the country. Utilizing Uzbekistan's abundant natural gas resources as feedstock, the plant will have the capacity to produce 2,000 mtpd (metric tons per day) of ammonia and 1,750 mtpd of urea supergranules using the state-of-the art technologies and licenses from world leading companies. MHI will be responsible for fertilizer plant design, manufacture and procurement of equipment, on-site construction work and commissioning. MC, jointly with Mitsubishi Corporation Machinery, Inc., will handle transportation of plant equipment.

Uzbekistan became an independent state after the breakup of the former Soviet Union in 1991. Thanks to successful market-oriented economic reforms, the country has maintained a high economic growth rate of 7-9% since 2004. Along with this economic development, Uzbekistan is conducting a program to modernize its infrastructure and production facilities with introduction of modern and energy efficient technologies. The new fertilizer plant cons0truction project is part of this initiative. The project also aligns with Japanese government efforts to support infrastructure system exports, and is expected to contribute to the economic development of Uzbekistan.

Uzkimyosanoat manages a number of companies, including 14 chemical enterprises; 13 regional distribution and logistics companies; 2 freight forwarding companies, a brokerage company and 2 research and design institutes. The total number of employees exceeds 48,000.

The products manufactured by them include mineral fertilizers; inorganic products; and organic chemistry, acids, synthetic fibers, polymeric materials and household goods. Uzkimyosanoat is the only company in the region which produces all 3 types of mineral fertilizers "N"-nitrogen, "P"-phosphorus and "K'-potassium. Currently Uzkimyosanoat started implementation of several big projects aimed for diversification and production of high value added products, such as automobile tires, conveyer belts, polyvinylchloride (PVC), caustic soda, methanol, NPK fertilizers and others. Navoiyazat JSC locates in Navoiy and manufactures more than 60 kinds of products, including fertilizers, chemicals, polymers, and acids.

Since the delivery of its first fertilizer plant in 1958, MHI has completed numerous such plants around the world. In recent years, the company has also received orders for several large-scale fertilizer plants in succession, and is currently carrying out their construction. It is MHI's track record of success in fertilizer plant development, coupled with the broad range of collaborative relationships that MC has cultivated in Uzbekistan in environmental and infrastructure-related fields since the nation's independence that led to the successful conclusion of this latest agreement.

Going forward, MHI and MC will further strengthen their marketing activities to secure successive orders for synthesis gas and petrochemical plant projects, and enhance their presence in the fields of fertilizer production and fertilizer plant development.

The Japan Times

July 24, 2015 

 

Prime Minister Shinzo Abe plans to visit five Central Asian countries in October as part of efforts to strengthen economic relations with the resource-rich region, government officials said Thursday.

The visit could also counter China's growing clout in the region, as well as boost leverage with Russia, according to the officials. They noted Moscow is concerned by Beijing's surging influence in Central Asia, which Russia hopes to keep within its sphere of influence.

"If Japan competes with China (in Central Asia), Russia would welcome it," one official said. "As a result, Japan would have one diplomatic card (to play) against Russia."

The trip would be the first by a Japanese prime minister to Central Asia since Junichiro Koizumi visited Kazakhstan and Uzbekistan in August 2006.

Abe plans to visit Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan over several days in mid- or late October, the officials said.

According to the plan, the trip would begin with Abe visiting Kazakhstan to promote the export of Japanese nuclear plant technology and equipment.

In Uzbekistan, the final destination, Abe plans to pledge Japan's assistance in developing that nation's communications infrastructure.

Abe initially planned to visit the five countries in late August, but had to reschedule the trip after the current Diet session was extended to late September to provide more time to deliberate controversial national security bills.

Uzbek Embassy

July 24, 2015 

 

The Government of the Republic of Uzbekistan is pleased to invite investors to participate in the program of privatization of state assets in joint stock companies that operate in oil and gas, chemical, machinery, building materials, electrical engineering, textile and food industries, as well as finance, insurance and other sectors.The aim of the Program is to boost foreign direct investments in Uzbekistan, to increase the level and the role of private property in the economy, to ensure modernization and technological renewal of production processes and to build industries that make products that are in high demand in foreign markets. The detailed information/presentation about enterprises offered to strategic investors can be found at the
following link:
http://www.uzinfoinvest.uz/eng/investment_projects/objects_for_sale/
Letters of Interest shall be submitted by mail or directly to Uzinfoinvest Agency under the Ministry for Foreign Economic Relations, Investments & Trade of the Republic of Uzbekistan at
1 Shevchenko Street, Tashkent, Republic of Uzbekistan, or via e-mail to [email protected] For more information please contact
Kamol Muhtarov, Counselor, Trade & Economic Affairs, Embassy of the Republic of Uzbekistan to the United States of America
[email protected]
phone: +1 (202) 530 7299
fax: +1 (202) 293 6804
www.uzbekistan.org
or
Uzinfoinvest Agency by phone:
(+99871) 2389300, 2385222, 2385272, 2389006 or fax: (+99871) 2385200 

AUCC

July 24, 2015 


 

 INVITATION TO ATTEND

 

2015 U.S.-UZBEKISTAN ANNUAL BUSINESS FORUM 

 

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

 

UZBEKISTAN KEYNOTE SPEAKER:

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

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.   
 
US GOVERNMENT SPEAKERS
(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 [email protected]

 

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.    
AGENDA:

 

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 [email protected] 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. 
 
Sincerely,

 

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

CONTACT INFORMATION:aucc logo
The American-Uzbekistan
Chamber of Commerce
 
1300 I Street, N.W.,
Suite 720W
 
Washington, DC 20005
 
phone: 202.509.3744
 
[email protected]

www.aucconline.com