American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:
 
August 7, 2015 - August 14, 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. 

 

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 info@aucconline.com.  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.
August 7, 2015 

The Senate of Oliy Majlis (upper house of Uzbekistan's parliament) has approved the law "On amendments and additions to some legislative acts of the Republic of Uzbekistan to further strengthen the reliable protection of private property, business entities, removing barriers to their rapid development".
The document has been worked out in accordance with the decree of Uzbekistan's president "On measures to ensure reliable protection of private property, small business and private entrepreneurship, removing barriers to their rapid development" dated May 2015.
The objectives of the law are to further strengthen the legal protection of private property, small business and private entrepreneurship, increasing the responsibility of government officials, law enforcement and regulatory authorities for obstruction and illegal interference in entrepreneurial activity.
By analogy with the Criminal Code, the Tax Code envisages a norm, according to which committing a number of tax offenses envisages imposition of a fine according to their total number.
Also changes to the laws "On audit activity", "On licensing of certain activities" are made, which establish the procedure for renewal of the license by the licensing authority within a period not exceeding three working days. In addition, the possibility of appealing against the refusal to renew the license and compensation for damage caused by such a refusal is
provided.
In order to promptly deal with cases, amendments are introduced in the Commercial Procedural Code of Uzbekistan providing for the shortening of terms for making decisions by economic courts on admissibility of claims to the production and preparation of cases for trial from 10 to five days.
Moreover, the term of considering the cases on the recognition of an act of the state or any other body as invalid and the actions (or inaction) of an official as illegal will be reduced from 30 to 15 days.
The law "On guarantees of freedom of entrepreneurship" excludes the duty of businessmen's appealing to the state bodies to use exemptions and privileges envisaged by the legislation. A unified register of privileges and preferences will be created on a single portal of interactive state services. This will increase the awareness of entrepreneurs about the convenience in doing business.
The law was adopted by the Legislative Chamber of the Uzbek parliament in July 2015. The document will come into force after it is signed by the president and published in the press.

August 12, 2015 

Alisher Kurmanov, appointed to the post of ambassador of Uzbekistan to the United Kingdom of Great Britain and Northern Ireland, departed from Tashkent to London Aug.11, said the press-service of the foreign ministry of Uzbekistan.
Prior to this appointment (starting from July 2014) Alisher Kurmanov worked as first deputy minister of foreign affairs of Uzbekistan.
Alisher Kurmanov was born in 1965, he graduated from Tashkent State University in 1990, and the Tashkent State Economic University in 1994. He speaks English and Arabic.
The structure of the Uzbek foreign ministry operates since 2000.
In 2000-2003, he worked as the first secretary, advisor for economic and commercial affairs of the embassy of Uzbekistan in Great Britain, in 2007-2013 he was the ambassador of Uzbekistan in Singapore and Australia (since 2011), and in 2013-2014 he was ambassador to South Korea.
Earlier, Otabek Akbarov worked as ambassador of Uzbekistan in the UK.

August 10, 2015 

Uzbekistan is keen on providing the international standards of decent work, including the creation of jobs and working conditions in which people can work in freedom, safety and dignity.
The implementation of Uzbekistan's Decent Work Country Program for 2014-2016 was discussed in a meeting between the representatives of the Uzbekistan Federation of Trade Unions with the International Labor Organization (ILO) and the World Bank (WB) held in Tashkent on August 5-6.
Passing in format of round table on the theme "Progress in cooperation between Uzbekistan and the International Labor Organization and the World Bank in the implementation of international labor standards", the sides discussed the practical aspects provided within the country's Program.
The significant work on the compliance with the ILO conventions by Uzbekistan's trade unions was highlighted at the meeting.
They also provided training for the country's government, experts and trade union trainers in the framework of the national and international labor standards of the ILO.
The sides discussed the current and future programs of the World Bank in Uzbekistan on the implementation of international labor standards, and the practice of hiring labor in the countryside.
"Today's meeting is the next stage of our continuing successful cooperation, which takes place in the framework of the Country Programme on Decent Work in Uzbekistan signed a year ago," said a special adviser to Director General of the International Labor Organization Kari Tapiola.
The round table was attended by representatives of ministries and departments, ILO delegation headed by the Director of the International Programme on the Elimination of Child Labour (IPEC) Corinne Varga and Special Adviser of the ILO Director Kari Tapiola, the delegation of the International Trade Union Confederation (ITUC), headed by INC adviser Anton Leppik, the delegation of the International Organization of Employers, as well as heads of international organizations and a number of diplomatic missions of foreign countries accredited in Tashkent.
Signing of the Decent Work Country Program for Uzbekistan for 2014-2016 became an important step in the further improvement of the situation in the labor market, enhancing productive employment, ensuring a targeted social security system and improving occupational safety and health.
The Federation of Trade Unions of Uzbekistan is the largest and main workers' organization, with 11 sectoral and 14 territorial organizations.
The important goal of the Federation is development of international trade unions cooperation.
Furthermore, there are also the Chamber of Commerce and Industry of Uzbekistan (CCIU), which is the largest employers' organization, with 14 regional offices in the provinces and in the capital city.
The CCIU has been taking part in national social dialogue and in international activities since its founding. The CCIU is recognized by Government institutions and trade unions as a partner defending and promoting the employers' interests, including those of small enterprises.
The system of international standards aimed at promoting opportunities for women and men to obtain decent and productive work, in conditions of freedom, equity, security and dignity has maintained and developed be the International Labor Organization since 1919.
Currently, the international labor standards are an essential component in the international framework for ensuring that the growth of the global economy provides benefits to all.

AUCC

August 14, 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 info@aucconline.com

 

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 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, 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
 
info@aucconline.com

www.aucconline.com