On 2 August, President of the Republic of Uzbekistan Shavkat Mirziyoyev had a conversation over the phone with President of the Islamic Republic of Afghanistan Ashraf Ghani.
Starting the talk, the heads of state exchanged Eid al-Adha greetings, sincerely wishing the fraternal peoples of the two countries peace, harmony and prosperity.
The Presidents noted with deep satisfaction the steadfast consolidation of late of the Uzbek-Afghan relations built on robust bonds of friendship and traditional good-neighborliness, common history, traditions and customs.
The telephone conversation has served to discuss pressing issues in the bilateral cooperation, primarily the enhancement of practical interaction in the economy, energy, transport and communications. Shavkat Mirziyoyev and Ashraf Ghani exchanged views also on critical aspects of the regional agenda.
The two leaders expressed full support for the decisive measures taken in both countries to counter the spread of coronavirus infection and control the epidemiological situation.
The importance of minimizing the pandemic’s negative impact and maintaining the dynamics of trade and economic relations was emphasized.
The Presidents attached specific significance on intensifying the efforts designed to promote priority infrastructure and investment projects towards Afghanistan’s sustainable development and its active engagement in regional economic processes.
In particular, it is the creation of a modern trade and logistics infrastructure in the border areas, implementation of major projects concerning the construction of power line Surkhan – Pul-e-Khumri and efficient transport corridors in Afghanistan, including with active involvement of international financial institutions and donor nations.
The realization of joint educational, cultural and humanitarian exchange programs will continue.
The heads of state considered issues of peaceful settlement of the Afghan crisis and expressed full support for the efforts undertaken on the soonest launch of inter-Afghan negotiations.
President Ashraf Ghani highlighted the historic role of the March 2018 Tashkent International Conference on Afghanistan, which resulted in significant progress in the political resolution of the Afghan conflict.
Towards the end of the phone talk, the leaders of Uzbekistan and Afghanistan stressed their commitment to furthering the multilayered partnership in the interests of the two countries and the Central Asian region as a whole.
The conversation took place in a traditionally open and friendly spirit.
By UzDaily
1.7 million Uzbeks in need of support will receive a one-time cash payment.
This was approved by the presidential decree On additional measures for material support of the population in need of assistance and social protection during the coronavirus pandemic.
One-time financial assistance will be allocated to each member of over 400...
1.7 million Uzbeks in need of support will receive a one-time cash payment.
This was approved by the presidential decree On additional measures for material support of the population in need of assistance and social protection during the coronavirus pandemic.
One-time financial assistance will be allocated to each member of over 400...
From September 1, 2020, the size of pensions, benefits, as well as material assistance to low-income families will increase by 1.1 times.
This was approved by the presidential decree On additional measures for material support of the population in need of assistance and social protection during the coronavirus pandemic.
In particular, from...
From September 1, 2020, the size of pensions, benefits, as well as material assistance to low-income families will increase by 1.1 times.
This was approved by the presidential decree On additional measures for material support of the population in need of assistance and social protection during the coronavirus pandemic.
In particular, from...
The Ministry of Health reports that another 257 people have been diagnosed with the coronavirus infection in Uzbekistan.
“As of 10:00 a.m. on August 2, the number of registered coronavirus cases in Uzbekistan stands at 25,040 people,” the report said.
New cases have been registered in 8 regions of the country.
103 cases...
The Ministry of Health reports that another 257 people have been diagnosed with the coronavirus infection in Uzbekistan.
“As of 10:00 a.m. on August 2, the number of registered coronavirus cases in Uzbekistan stands at 25,040 people,” the report said.
New cases have been registered in 8 regions of the country.
103 cases...
As the Central Bank reports, according to the results of 2020, the total volume of remittances from migrant workers will reach $5.4-5.5 billion.
“Due to the easing of lockdown restrictions in Russia and the resumption of economic activity, the volume of money transfers to our country is expected to reach last...
As the Central Bank reports, according to the results of 2020, the total volume of remittances from migrant workers will reach $5.4-5.5 billion.
“Due to the easing of lockdown restrictions in Russia and the resumption of economic activity, the volume of money transfers to our country is expected to reach last...
The gross regional product of Tashkent decreased in January-June 2020 by 0.5% compared to the same period in 2019 to 40.8 trillion soum, and its share in the GDP of Uzbekistan decreased from 16.4% to 16%.
The capital's GRP per capita decreased in the first half of this year by 3.3%...
The gross regional product of Tashkent decreased in January-June 2020 by 0.5% compared to the same period in 2019 to 40.8 trillion soum, and its share in the GDP of Uzbekistan decreased from 16.4% to 16%.
The capital's GRP per capita decreased in the first half of this year by 3.3%...
The Central Bank of Uzbekistan expects a 1.5-2 percent GDP growth in the second half of 2020.
“According to preliminary calculations, the measures to restore the economic activity and maintain the performance of main sectors of the country’s economy are expected to lead to positive GDP growth in the second half...
The Central Bank of Uzbekistan expects a 1.5-2 percent GDP growth in the second half of 2020.
“According to preliminary calculations, the measures to restore the economic activity and maintain the performance of main sectors of the country’s economy are expected to lead to positive GDP growth in the second half...
Thus, in the first half of 2020, the negative current account balance amounted to $2 billion ($1.8 billion in the corresponding period of 2019).
At the same time, according to the Central Bank, the main source of financing the current account deficit in 2020 will be the attraction of external debt...
Thus, in the first half of 2020, the negative current account balance amounted to $2 billion ($1.8 billion in the corresponding period of 2019).
At the same time, according to the Central Bank, the main source of financing the current account deficit in 2020 will be the attraction of external debt...
Ambassador of Uzbekistan to India Dilshod Akhatov met with the Minister of State of the Ministry of Shipping and Minister of State in the Ministry of Chemicals and Fertilizers of India, Mansukh Mandaviya.
At the meeting, the Indian side expressed sincere gratitude for the humanitarian aid in the form of medical...
Ambassador of Uzbekistan to India Dilshod Akhatov met with the Minister of State of the Ministry of Shipping and Minister of State in the Ministry of Chemicals and Fertilizers of India, Mansukh Mandaviya.
At the meeting, the Indian side expressed sincere gratitude for the humanitarian aid in the form of medical...
The Central Bank has established minimum requirements for microcredit organisations and pawnshops in their interaction with consumers.
In order to protect the rights and legitimate interests of consumers of financial services, the Central Bank approved the Regulation On minimum requirements for the activities of microcredit organisations and pawnshops in their interaction...
The Central Bank has established minimum requirements for microcredit organisations and pawnshops in their interaction with consumers.
In order to protect the rights and legitimate interests of consumers of financial services, the Central Bank approved the Regulation On minimum requirements for the activities of microcredit organisations and pawnshops in their interaction...
On July 29 of this year, with the support of the Embassy of Uzbekistan in India, negotiations were held between the leadership of Uzpromstroybank and Eximbank of India in the format of video conferencing.
During the talks, Deputy Chairman of Uzpromstroybank Z. Azimov presented the Indian partners with detailed information about...
On July 29 of this year, with the support of the Embassy of Uzbekistan in India, negotiations were held between the leadership of Uzpromstroybank and Eximbank of India in the format of video conferencing.
During the talks, Deputy Chairman of Uzpromstroybank Z. Azimov presented the Indian partners with detailed information about...
The dollar extended its dramatic fall on Friday, putting it on course for its biggest monthly drop in a decade as investors fretted that a rebound in the U.S. economy would be derailed by the struggle to stem the coronavirus epidemic.
Weakness in the U.S. currency propelled the euro higher, with...
The dollar extended its dramatic fall on Friday, putting it on course for its biggest monthly drop in a decade as investors fretted that a rebound in the U.S. economy would be derailed by the struggle to stem the coronavirus epidemic.
Weakness in the U.S. currency propelled the euro higher, with...
European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.
The euro zone’s...
European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.
The euro zone’s...
Kazakhstan has sharply increased the supply of crude oil to Uzbekistan, while the largest exporter of it in the Uzbek direction, Turkmenistan, on the contrary, significantly reduced it. Even if the weighted average price of Kazakhstani oil has grown, and that of Turkmen oil has decreased, the former is still...
Kazakhstan has sharply increased the supply of crude oil to Uzbekistan, while the largest exporter of it in the Uzbek direction, Turkmenistan, on the contrary, significantly reduced it. Even if the weighted average price of Kazakhstani oil has grown, and that of Turkmen oil has decreased, the former is still...
Oil prices rose on Friday and were on track for monthly gains, benefiting from news that U.S. oil output cuts in May were the largest on record. Brent crude settled up 37 cents, or 0.9%, at $43.31 a barrel.
U.S. crude was up 35 cents, or 0.9%, at $40.27 after dropping...
Oil prices rose on Friday and were on track for monthly gains, benefiting from news that U.S. oil output cuts in May were the largest on record. Brent crude settled up 37 cents, or 0.9%, at $43.31 a barrel.
U.S. crude was up 35 cents, or 0.9%, at $40.27 after dropping...
Prompt British wholesale gas prices edged higher on Friday as expectations of cooler weather from Saturday and forecasts for lower output from the country's wind farms boosted demand.
The within-day contract was up 0.25 pence at 13.05 p/therm by 0919 GMT.
The day-ahead contract was up 0.35 p at 13.20 p/therm.
Traders said...
Prompt British wholesale gas prices edged higher on Friday as expectations of cooler weather from Saturday and forecasts for lower output from the country's wind farms boosted demand.
The within-day contract was up 0.25 pence at 13.05 p/therm by 0919 GMT.
The day-ahead contract was up 0.35 p at 13.20 p/therm.
Traders said...
Further extension of quarantine restrictions in Uzbekistan may lead to higher prices for basic consumer goods, the Central Bank’s report reads.
It is noted that the rapid change in the economic situation due to the pandemic and the measures taken to curb it can lead to a high level of uncertainty...
Further extension of quarantine restrictions in Uzbekistan may lead to higher prices for basic consumer goods, the Central Bank’s report reads.
It is noted that the rapid change in the economic situation due to the pandemic and the measures taken to curb it can lead to a high level of uncertainty...
In July 2020, the average level of consumer prices and tariffs in Uzbekistan decreased by 0.3%, the State Statistics Committee said in a statement.
In January-July 2020, prices and tariffs in the consumer market increased by an average of 4.3%. In annual terms (by July 2019), the average growth in prices...
In July 2020, the average level of consumer prices and tariffs in Uzbekistan decreased by 0.3%, the State Statistics Committee said in a statement.
In January-July 2020, prices and tariffs in the consumer market increased by an average of 4.3%. In annual terms (by July 2019), the average growth in prices...
The Embassy of the Republic of Uzbekistan in the Republic of Korea held a meeting with the President of the South Korean company Shema Silk Pak Sung Kwon to discuss issues of expanding cooperation in the trade and economic sphere, Dunyo news agency reported.
In particular, during the negotiations, it was...
The Embassy of the Republic of Uzbekistan in the Republic of Korea held a meeting with the President of the South Korean company Shema Silk Pak Sung Kwon to discuss issues of expanding cooperation in the trade and economic sphere, Dunyo news agency reported.
In particular, during the negotiations, it was...
U.S. corn futures were little changed on Thursday, hovering just above one-month lows, as benign crop weather and expectations of a large harvest overshadowed news of massive U.S. corn sales to China, analysts said.
Soybean futures were modestly higher while wheat futures drifted lower.
As of 12:40 p.m. CDT (1740 GMT), Chicago...
U.S. corn futures were little changed on Thursday, hovering just above one-month lows, as benign crop weather and expectations of a large harvest overshadowed news of massive U.S. corn sales to China, analysts said.
Soybean futures were modestly higher while wheat futures drifted lower.
As of 12:40 p.m. CDT (1740 GMT), Chicago...
Gold rose on Friday, trading near its all time peak, as a sliding dollar and dire economic numbers from far and wide sparked a rush to safety in bullion, which is on course for its biggest monthly gain in over four years.
Silver climbed 2% to $23.94 per ounce, on course...
Gold rose on Friday, trading near its all time peak, as a sliding dollar and dire economic numbers from far and wide sparked a rush to safety in bullion, which is on course for its biggest monthly gain in over four years.
Silver climbed 2% to $23.94 per ounce, on course...
Copper prices recovered on Friday and were set for a fourth straight monthly gain, after strong factory activity in top metals consumer China raised hopes about demand. China's factories stepped up activity in July for a fifth consecutive month as the manufacturing Purchasing Manager’s Index marked its highest reading since...
Copper prices recovered on Friday and were set for a fourth straight monthly gain, after strong factory activity in top metals consumer China raised hopes about demand. China's factories stepped up activity in July for a fifth consecutive month as the manufacturing Purchasing Manager’s Index marked its highest reading since...
In accordance with the resolution of the meeting of the interdepartmental tariff commission under the Cabinet of Ministers of Uzbekistan No. 5 dated July 29, 2020, from August 14, 2020, it is planned to introduce new tariffs between the enterprises of the electric power industry for the production, transmission, distribution...
In accordance with the resolution of the meeting of the interdepartmental tariff commission under the Cabinet of Ministers of Uzbekistan No. 5 dated July 29, 2020, from August 14, 2020, it is planned to introduce new tariffs between the enterprises of the electric power industry for the production, transmission, distribution...
The implementation of the project will increase the sustainability of electricity supply in Tashkent and the capital region.
Within the framework of the project, it is planned to build a modern energy-saving substation that distributes annual electricity with a voltage of 500/220/10 kV with a capacity of 1,400 MVA, power lines...
The implementation of the project will increase the sustainability of electricity supply in Tashkent and the capital region.
Within the framework of the project, it is planned to build a modern energy-saving substation that distributes annual electricity with a voltage of 500/220/10 kV with a capacity of 1,400 MVA, power lines...
Large-scale reforms are ongoing in various sectors of the fuel and energy sector of Uzbekistan, including in the field of hydropower.
In this regard, the joint-stock company Uzbekhydroenergo, which is in charge of managing this area, is implementing a number of investment projects for the construction of new and modernization of...
Large-scale reforms are ongoing in various sectors of the fuel and energy sector of Uzbekistan, including in the field of hydropower.
In this regard, the joint-stock company Uzbekhydroenergo, which is in charge of managing this area, is implementing a number of investment projects for the construction of new and modernization of...
In July this year, a total of 853.7 thousand tons of cement were sold at the exchange trades by 16 manufacturers. This figure amounted to 770.7 thousand tons in June (83 thousand tons more in July).
Given the high seasonal demand for the product, the daily volume of trades in July...
In July this year, a total of 853.7 thousand tons of cement were sold at the exchange trades by 16 manufacturers. This figure amounted to 770.7 thousand tons in June (83 thousand tons more in July).
Given the high seasonal demand for the product, the daily volume of trades in July...
Russia’s industrial production may decline by 4-5% by the end of 2020 if the June dynamics persists, or even remain roughly at the level of 2019 unless a second coronavirus wave occurs, Industry and Trade Minister Denis Manturov said in an interview.
"As far as full-year results are concerned, if the...
Russia’s industrial production may decline by 4-5% by the end of 2020 if the June dynamics persists, or even remain roughly at the level of 2019 unless a second coronavirus wave occurs, Industry and Trade Minister Denis Manturov said in an interview.
"As far as full-year results are concerned, if the...
The number of officially unemployed in Russia currently stands at 3.2 mln people, Minister of Labour and Social Protection Anton Kotyakov observed, adding that the peak number of the unemployed is expected in August-September 2020, after which it will start declining in October as the labor market will stabilise.
"The peak...
The number of officially unemployed in Russia currently stands at 3.2 mln people, Minister of Labour and Social Protection Anton Kotyakov observed, adding that the peak number of the unemployed is expected in August-September 2020, after which it will start declining in October as the labor market will stabilise.
"The peak...
The rouble extended its losses on Friday against the U.S. dollar as the Russian corporate dividend season prompted some investors to convert their rouble payouts into foreign currency.
At 1200 GMT, the rouble was 1.1% weaker against the dollar at 74.10, its lowest level since mid-May, and had lost 1.1% to...
The rouble extended its losses on Friday against the U.S. dollar as the Russian corporate dividend season prompted some investors to convert their rouble payouts into foreign currency.
At 1200 GMT, the rouble was 1.1% weaker against the dollar at 74.10, its lowest level since mid-May, and had lost 1.1% to...
China stocks closed higher on Friday in choppy trading amid uncertainties in coronavirus resurgence, while liquidity and retail investor enthusiasm fuelled the main indexes to post the biggest monthly percentage rises since February last year.
At the close, the Shanghai Composite index was up 0.71% at 3,310.01. The index ended July...
China stocks closed higher on Friday in choppy trading amid uncertainties in coronavirus resurgence, while liquidity and retail investor enthusiasm fuelled the main indexes to post the biggest monthly percentage rises since February last year.
At the close, the Shanghai Composite index was up 0.71% at 3,310.01. The index ended July...
Chinese factory activity has beaten expectations once again, expanding for the fifth straight month and recovering at a faster pace, new data shows.
China’s closely watched manufacturing purchasing managers’ index (PMI) rose to 51.1 in July from 50.9 in June, hitting its highest level since March. This is higher than analysts...
Chinese factory activity has beaten expectations once again, expanding for the fifth straight month and recovering at a faster pace, new data shows.
China’s closely watched manufacturing purchasing managers’ index (PMI) rose to 51.1 in July from 50.9 in June, hitting its highest level since March. This is higher than analysts...
Huawei overtook Samsung and Apple in the second quarter of 2020 to become the biggest smartphone player in the world for the first time.
That’s according to a new report by Canalys which showed that the majority of sales came from China while its international business suffers as a result of...
Huawei overtook Samsung and Apple in the second quarter of 2020 to become the biggest smartphone player in the world for the first time.
That’s according to a new report by Canalys which showed that the majority of sales came from China while its international business suffers as a result of...
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| CL1:COMWTI Crude Oil (Nymex) | USD/bbl. | 40.03 | -0.24 | -0.60% | Sep 2020 | 11:48 PM |
| CO1:COMBrent Crude (ICE) | USD/bbl. | 43.34 | -0.18 | -0.41% | Oct 2020 | 11:47 PM |
| XB1:COMRBOB Gasoline (Nymex) | USd/gal. | 116.90 | -0.21 | -0.18% | Sep 2020 | 11:37 PM |
| NG1:COMNatural Gas (Nymex) | USD/MMBtu | 1.86 | +0.06 | +3.56% | Sep 2020 | 11:48 PM |
| HO1:COMHeating Oil (Nymex) | USd/gal. | 122.31 | -0.09 | -0.07% | Sep 2020 | 11:31 PM |
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| GC1:COMGold (Comex) | USD/t oz. | 1,992.30 | +6.40 | +0.32% | Dec 2020 | 11:48 PM |
| XAUUSD:CURGold Spot | USD/t oz. | 1,974.33 | -1.53 | -0.08% | N/A | 11:58 PM |
| SI1:COMSilver (Comex) | USD/t oz. | 24.49 | +0.27 | +1.13% | Sep 2020 | 11:48 PM |
| HG1:COMCopper (Comex) | USd/lb. | 286.20 | -0.60 | -0.21% | Sep 2020 | 11:48 PM |
| XPTUSD:CURPlatinum Spot | USD/t oz. | 905.92 | +0.79 | +0.09% | N/A | 11:58 PM |
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| C 1:COMCorn (CBOT) | USd/bu. | 327.50 | +0.50 | +0.15% | Dec 2020 | 11:47 PM |
| W 1:COMWheat (CBOT) | USd/bu. | 526.75 | -4.50 | -0.85% | Sep 2020 | 11:48 PM |
| CC1:COMCocoa (ICE) | USD/MT | 2,400.00 | +56.00 | +2.39% | Sep 2020 | 7/31/2020 |
| CT1:COMCotton #2 (ICE) | USd/lb. | 62.88 | +0.22 | +0.35% | Dec 2020 | 11:43 PM |
| LC1:COMLive Cattle (CME) | USd/lb. | 107.88 | +1.13 | +1.05% | Oct 2020 | 7/31/2020 |
Date: August 3, 2020; Source: Bloomberg.com
Energy
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| CL1:COMWTI Crude Oil (Nymex) | USD/bbl. | 40.03 | -0.24 | -0.60% | Sep 2020 | 11:48 PM |
| CO1:COMBrent Crude (ICE) | USD/bbl. | 43.34 | -0.18 | -0.41% | Oct 2020 | 11:47 PM |
| XB1:COMRBOB Gasoline (Nymex) | USd/gal. | 116.90 | -0.21 | -0.18% | Sep 2020 | 11:37 PM |
| NG1:COMNatural Gas (Nymex) | USD/MMBtu | 1.86 | +0.06 | +3.56% | Sep 2020 | 11:48 PM |
| HO1:COMHeating Oil (Nymex) | USd/gal. | 122.31 | -0.09 | -0.07% | Sep 2020 | 11:31 PM |
Precious and Industrial Metals
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| GC1:COMGold (Comex) | USD/t oz. | 1,992.30 | +6.40 | +0.32% | Dec 2020 | 11:48 PM |
| XAUUSD:CURGold Spot | USD/t oz. | 1,974.33 | -1.53 | -0.08% | N/A | 11:58 PM |
| SI1:COMSilver (Comex) | USD/t oz. | 24.49 | +0.27 | +1.13% | Sep 2020 | 11:48 PM |
| HG1:COMCopper (Comex) | USd/lb. | 286.20 | -0.60 | -0.21% | Sep 2020 | 11:48 PM |
| XPTUSD:CURPlatinum Spot | USD/t oz. | 905.92 | +0.79 | +0.09% | N/A | 11:58 PM |
Agriculture
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| C 1:COMCorn (CBOT) | USd/bu. | 327.50 | +0.50 | +0.15% | Dec 2020 | 11:47 PM |
| W 1:COMWheat (CBOT) | USd/bu. | 526.75 | -4.50 | -0.85% | Sep 2020 | 11:48 PM |
| CC1:COMCocoa (ICE) | USD/MT | 2,400.00 | +56.00 | +2.39% | Sep 2020 | 7/31/2020 |
| CT1:COMCotton #2 (ICE) | USd/lb. | 62.88 | +0.22 | +0.35% | Dec 2020 | 11:43 PM |
| LC1:COMLive Cattle (CME) | USd/lb. | 107.88 | +1.13 | +1.05% | Oct 2020 | 7/31/2020 |
| 1 US DOLLAR | USD / UZS | 10207.69 |
| 1 EURO | EUR / UZS | 11896.04 |
| 1 RUSSIAN ROUBLE | RUB / UZS | 142.37 |
| 1 GREAT BRITIAN POUND | GBP / UZS | 13054.61 |
| 1 KAZAKHSTAN TENGE | KZT / UZS | 24.65 |
Date: August 3, 2020; Source: the Central Bank of Uzbekistan
|
1 US DOLLAR |
USD / UZS |
10207.69 |
|
1 EURO |
EUR / UZS |
11896.04 |
|
1 RUSSIAN ROUBLE |
RUB / UZS |
142.37 |
|
1 GREAT BRITIAN POUND |
GBP / UZS |
13054.61 |
|
1 KAZAKHSTAN TENGE |
KZT / UZS |
24.65 |
