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Interested American companies are invited to attend the second U.S.-Uzbek government-business roundtable, to take place on
Thursday, October 20,
in Tashkent.
This roundtable will focus on agriculture, food processing and packaging, and related storage and logistics.
Attendees will have the opportunity to interact with U.S. government and Government of Uzbekistan representatives, as well as with visiting and locally based companies. Potential attendees may also be interested in remaining in Tashkent for the Government of Uzbekistan's international fruit and vegetable fair planned for October 21-23. Detailed information on a previous fair can be found at
this
link
.
We expect additional information on the October fair to be forthcoming. In order to facilitate visa issuance, if you are interested in participating in the government-business roundtable, please send your company name, your name/title, and contact details (phone number and e-mail address) to:
[email protected]
Please confirm your attendance no later than October 7.
Additional logistical information will be provided as soon as details become available. Thank you in advance for your interest in participating in this event, which is being co-organized by the U.S. Embassy in Uzbekistan, the Government of Uzbekistan, the U.S. Department of Commerce, the American-Uzbekistan Chamber of Commerce, and AmCham Uzbekistan. (Note that information about the first government-business roundtable can be found
here
.)
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The Asian Development Bank (ADB) has kept the forecast for Uzbekistan's GDP growth at 6.9 percent in 2016, ADB's 'Asian Development Outlook 2016' report said.
The previous forecast for Uzbekistan's GDP growth was presented by ADB in July.
According to the report, the forecast for Uzbekistan's GDP growth is kept at 7.3 percent in 2017.
The rate of inflation remained unchanged at 10 percent and 11 percent in 2016 and 2017, respectively.
According to the bank's experts, the Uzbek economy will still depend on the development of the situation on the markets of its major trading partners in 2016-2017, in particular Russia, China and Kazakhstan.
According to the report, the growth of production in the Uzbek agrarian sector increased by 6.8 percent in January-June 2016 compared to 6.5 percent in 2015.
ADB experts said that Russia and Uzbekistan agreed to expand bilateral trade in agricultural products in April.
The bank's experts said that investments in industry, as well as the stimulation of domestic demand through the growth of salaries, pensions and other benefits will be the main sources of Uzbekistan's economic growth in the coming years.
GDP growth amounted to eight percent in Uzbekistan as of 2015. The Uzbek government intends to ensure GDP growth at 7.8 percent in 2016.
Uzbekistan became an ADB member in 1995 and today, it is the largest recipient of loans from this financial institution in Central Asia.
The Asian Development Bank has allocated over $5 billion to Uzbekistan since 1995 for implementation of the projects in the spheres of education, agriculture, modernization of the transport infrastructure and energy sector.
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Shavkat Mirziyoyev, acting president and prime minister of Uzbekistan, visited the Republic of Karakalpakstan and Khorezm region, the Uzbek national news agency (UzA) reported.
According to the message, Mirziyoyev visited the Takhiatash thermal power plant (TPP) in Karakalpakstan, where a large investment project for the construction of two combined cycle power units with a capacity of 230-280 MW is being implemented.
Takhiatash TPP, consisting of five power units with a total capacity of 730 MW, is the main source of power supply for consumers of the northern region.
According to the message, the project is being implemented in accordance with the decree of the country's first President Islam Karimov. Mirziyoyev also reviewed the general plan of developing Nukus city - the administrative center of Karakalpakstan.
The Uzbek acting president and the local authorities discussed the issues related to the construction of modern residential buildings, places of recreation, artificial lakes, the message said.
According to the message, Mirziyoyev also visited Khorezm region, where he reviewed the projects of high-rise buildings, which are planned to be built in Urgench city in the coming years.
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Tajikistan's President Emomali Rahmon and Uzbekistan's Foreign Minister Abdulaziz Kamilov, who arrived in Dushanbe on a working visit, discussed the Tajik-Uzbek relations as well as ways of their further development, Tajik president's press service said in a message Sept. 30.
The parties noted with satisfaction the positive trends in the recent period of cooperation between the two countries, including the increased volume of trade turnover and intensification of the work of the intergovernmental commission on trade and economic cooperation.
They also noted the importance of maintaining permanent political consultations and dialogues at a high level, said the message.
Tajik president and Uzbek foreign minister also noted the need for activating the cultural and humanitarian component of cooperation between the two countries.
During the discussion of topical regional and international problems, the sides emphasized the importance of regional security as the main condition for sociopolitical stability in the Central Asia.
The parties also noted the improvement of economic and trade partnership as an issue of paramount importance.
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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
&
U.S. Ambassador to the Republic of Uzbekistan
Pamela Spratlen
U.S. Embassy Tashkent
(agenda to follow)
PLATINUM SPONSOR
SILVER SPONSOR
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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:
VISA, HOTEL AND TRANSPORTATION IN TASHKENT:
AUCC will provide assistance with visa, hotel and transportation for AUCC members and guests. Please contact AUCC at [email protected] 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.
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CONTACT INFORMATION:
The American-Uzbekistan
Chamber of Commerce
1030 15th Street, N.W.,
Suite 555W
Washington, DC 20005
phone: 202.509.3744
[email protected]
www.aucconline.com
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