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TASHKENT (TCA) — Investors from South Korea in 2016 and 2017 will acquire 15-percent stakes in two large joint-stock commercial banks in Uzbekistan — Uzpromstroibank and Asaka Bank, Novosti Uzbekistana news agency reported. Continue reading
TASHKENT (TCA) — A new terminal, Tashkent-4, will be constructed in the international airport of Uzbekistan’s capital city, Tashkent. The terminal is being designed by South Korean specialists, Novosti Uzbekistana news agency reported. Continue reading
TASHKENT (TCA) — As relations between Uzbekistan and Russia have not always been smooth over the past two decades, we are republishing an article by Fozil Mashrab, originally published by The Jamestown Foundation’s Eurasia Daily Monitor on May 12. The article, entitled “Uzbekistan and Russia agree to reset bilateral ties,” is focused on the opening of a new chapter in bilateral relations. The article is below: Continue reading
BISHKEK (TCA) — Economies across the European Bank for Reconstruction and Development (EBRD) regions are showing modest signs of an upturn after five consecutive years of slowdown, but the recovery expected for 2016 is slightly weaker than forecast six months ago, the EBRD Press Office said. Continue reading
LONDON (TCA) — Recent reports from various sides concerning the increasing lack of cash flow for Daesh (IS) in the Near East due to difficulties in its Turkish oil smuggling chain add a new dimension to the already existing threat of extremist forces’ concentration in Afghanistan bordering the southern republics of Central Asia. Ever increasing assessments of the area’s world-class gold mining reserves must have drawn the attention of gang leaders of Taliban, Al-Qaeda and Daesh looking for alternative baits and a motive behind their “spring offensive” in Afghanistan and beyond. Continue reading
TASHKENT (TCA) — Work is going on in Uzbekistan to assess the country’s wind energy potential in cooperation with Germany’s Intec Gopa and GEO-NET, Novosti Uzbekistana reported citing Dilshod Elmuradov, an energy efficiency and renewable energy engineer at Uzbekistan’s state energy company Uzbekenergo. Continue reading
