TASHKENT (TCA) — Power supply in south Uzbekistan will be significantly improved thanks to the creation of additional generation capacity at the existing Talimarjan power plant (TPP) with the help of a sovereign loan of up to US$ 240 million provided by the European Bank for Reconstruction and Development (EBRD) to JSC Uzbekenergo. The project will be the largest EBRD investment in Uzbekistan to date, the Bank said on January 14.

Continue reading

DUSHANBE (TCA) — Tajikistan’s short-term and medium-term outlooks are positive, as growth in the Russian economy, elevated prices for major export commodities—cotton and aluminum—and growing regional cooperation will support external proceeds, the World Bank says in its latest issue of the Country Economic Update for Tajikistan, entitled “Rogun HPP – Potential Resource for Building Human Capital”.

Continue reading

TASHKENT (TCA) — The Embassy of Uzbekistan in the Netherlands held negotiations with Erika den Daas, the CEO of Meijer, one of the world’s leading companies and supplier of seed potatoes, the Jahon information agency reported with reference to the Uzbek Ministry of Foreign Affairs.

Continue reading

SAMARKAND, Uzbekistan (TCA) — Afghanistan’s Acting Foreign Minister Salahuddin Rabbani said at the India-Central Asia Dialogue in Uzbekistan on January 13 that Afghanistan can provide the most cost-effective transit routes as he highlighted the country’s importance for connecting the region, Afghan broadcaster TOLOnews reported.

Continue reading

DUSHANBE (TCA) — A prominent Tajik journalist has been sentenced to eight months in prison for breaching a court order and illegally leaving the country, RFE/RL’s Tajik Service reported citing his lawyer.

Continue reading

BISHKEK (TCA) — 2019 began with good news for Kyrgyzstan’s business community. Kyrgyz Prime Minister Muhammedkaly Abylgaziyev has signed a Government Resolution on the establishment of a Business Ombudsman to protect the rights, freedoms and legitimate interests of entrepreneurs.

Continue reading