American-Uzbekistan Chamber of Commerce

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In This Issue:
Uzbekistan, France expanding trade
Unemployment rate in Uzbekistan remains at 5.2%
Uzbekistan signs export contracts
Reminder: Invitation to Attend 2016 US-Uzbekistan Annual Business Forum in Tashkent: November 30
Uzbek enterprises are ready to supply a wide range of high-quality and competitive products to French market, said representatives of Uzbek business circles.
There are textile, chemical, oil and gas products, as well as fresh and processed fruit and vegetables among those products, said Uzbek representatives during the 6th session of the Uzbekistan-France intergovernmental commission on trade and economic cooperation, according to the message of the Uzbek Ministry of Foreign Economic Relations, Investment and Trade.
During the session in Tashkent, French delegation was headed by Matthias Fekl, minister of State for Foreign Trade, the Promotion of Tourism and French Nationals Abroad.
It was noted during the session that relations between the two countries continue to develop dynamically. Trade turnover between Uzbekistan and France increased by 3 percent and totaled $300 million in 2015, and exceeded $145 million in H1 2016.
Meanwhile, the sides attach great importance to the expansion and deepening of mutually beneficial trade and economic, investment, financial and technological cooperation.
In particular, Uzbekistan is interested in purchasing high technologies, modern and reliable French equipment, while France is interested in intensifying cooperation in agriculture and tourism.
On the results of the session, the parties signed an intergovernmental agreement on air traffic between JSC Uzbekistan Temir Yollari (Uzbekistan Railways) and Alstom company on cooperation, as well as a memorandum of intent between the Sanofi company and Uzfarmsanoat on production of vaccines.

Official unemployment rate in Uzbekistan has remained unchanged since early 2016 at 5.2 percent in H1 2016, while employment accounted for 94.8 percent of the economically active population, said the Uzbek State Statistics Committee.
Uzbekistan's economically active population amounted to 13.192 million people in H1 2016, or 1.8 percent more than in the same period 2015.
Out of those employed, 18.2 percent work in the public sector as of H1 2016, as compared to 18.4 percent in the same period 2015, while 81.8 percent of the employed people work in the non-public sector (81.6 percent in H1 2015).
The number of those employed in the small business has increased from 77.3 percent to 77.7 percent.
The number of those employed has grown in the following types of economic activity: transportation and storage - 3.8 percent, accommodation and catering services - 3.7 percent, information and communications - 3.4 percent, construction - 3.3 percent and trade - 2.8 percent.
Out of those employed, 27 percent accounted for agricultural sector, forestry and fish industry, 13.6 percent - for industry, 10.4 percent - for trade, 9.4 percent - for construction and 8.4 percent - for education.
Uzbekistan's resident population has increased by 0.7 percent since early 2016 and stood at 31.807 million.

Uzbekistan signed 270 contracts on the export of fruits and vegetables worth more than $2 billion during the first international fruit and vegetable fair in Tashkent on July 12-16.
Uzbekoziqovqatholding said that some 27 percent of the total volume of products for exports will account for vegetables, 25 percent - grapes, 20 percent - fruits, 17.6 percent - dried and processed products, 8.4 percent - legumes, two percent - melons.
More than 170 companies from all regions of Uzbekistan presented fruits and vegetables at the fair.
Over 300 representatives of business circles from the US, UK, UAE, South Korea, Japan, Italy, France, Malaysia, India, Russia, Latvia, Azerbaijan, Turkmenistan, Iran, Afghanistan, Kazakhstan and other countries also participated in the fair.
The fair was organized in accordance with Uzbek President Islam Karimov's decree signed in early June 2016.
As of 2015, the volume of fruit and vegetable production in Uzbekistan increased by 6.7 percent up to 12.6 million tons, melons and gourds - by 5.9 percent up to 1.8 million tons, grapes - by 11.4 percent up to 1.56 million tons.
According to the Uzbek side, some 1.2 million tons of fruits and vegetables are planned to be exported in 2016, which is 2.5 times more compared to 2015.

Invitation to Attend

2016 U.S.-UZBEKISTAN 
ANNUAL BUSINESS FORUM
 
8.00 am - 4.00 pm

Wednesday, November 30, 2016
Tashkent, Uzbekistan

Keynote address by:
 
Deputy Assistant Secretary 
Michael A. Lally 
U.S. Department of Commerce

(agenda to follow)

Click here to register

PLATINUM SPONSOR
GE

Please join us at the 2016 U.S.-Uzbekistan Annual Business Forum in Tashkent, which is a signature event by the AUCC member-companies.  

The AUCC delegation to Uzbekistan will be led by the chamber's Chairperson Carolyn B. Lamm and President Steven T. Nadherny.  We are pleased to announce that Deputy Assistant Secretary of Commerce Michael A. Lally will travel to Uzbekistan with AUCC member-companies to give stronger boost to our efforts and further promote bilateral trade dialogue.  Minister of Foreign Economic Relations, Investments and Trade, Elyor Ganiev, is expected to represent the Government of Uzbekistan. 

"We are delighted to take our signature event to Uzbekistan this year and have DAS Michael Lally's support and participation.  Without a doubt, AUCC is the best example of the Private-Public Partnership and the most effective conduit for the US bilateral trade with Uzbekistan. AUCC has successfully channeled our assessment and vision of the country's technological and industrial modernization through the forum and used it as a platform to declare our readiness and will to better serve the interests of the American and Uzbek peoples," said AUCC Chairperson Lamm. "The chamber sincerely hopes 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 bilateral agenda.  We are grateful to DAS Michael Lally for his leadership and attention to this part of the world," added AUCC President Nadherny.   

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 commercial interests of the US corporations before the governments of our two countries.  

REGISTRATION DEADLINE:

Register here to indicate your interest in the event. Registration deadline is Monday, September 26, 2016.
 
SPONSORSHIP: 

For sponsorship opportunities, please contact AUCC at info@aucconline.com. 

VISA, HOTEL AND TRANSPORTATION IN TASHKENT: 

AUCC will provide assistance with visa, hotel and transportation for AUCC members and guests. Please contact AUCC at info@aucconline.com for details.  

APPLICATION FEE: 

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

$1,000 per person for all other guests and participants - The fee is non-refundable. 

Click here to make a payment and register for the event. 

CONTACT INFORMATION:aucc logo
The American-Uzbekistan
Chamber of Commerce 
1030 15th Street, N.W.,
Suite 555W 
Washington, DC 20005 
phone: 202.509.3744 
info@aucconline.com
www.aucconline.com 

 © 2016 American - Uzbekistan Chamber of Commerce. All rights reserved.