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FIEZ “Navoi”.

Depths in Full View

The mining industry of Uzbekistan ranks among the leaders in the real economy sector and has a huge capacity of attracting foreign investors. The truth has been once again proved at the last week’s seventh international conference on ‘Investment Potential of Solid Minerals UZGEOINVEST 2014’.

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Weekly volume of exports of cathode copper at the UZEX made up $777.5 thousand

After two weeks of growth, commodity markets of Uzbek Republican Commodity Exchange (UZEX) has once again entered a correction phase. During October 20-26, the total amount of goods sold on the stock exchange trading platforms, decreased by 10.6% and amounted to 180.5 billion Soums. However, in the system of public procurement has been a significant revitalization of trading. (currency rates of CB RU from 4.11.2014 1$= 2388.25 soums).

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Foreign Minister of Uzbekistan received the State Secretary of the Latvian foreign ministry

On October 28, 2014, the Minister of foreign affairs of the Republic of Uzbekistan Abdulaziz Kamilov received the State Secretary of the Ministry of foreign affairs of the Republic of Latvia Andrejs Pildegovics, arrived in our country to participate in the work opening in Urgench "Development of cooperation in the Aral sea region to mitigate the consequences of an ecological catastrophe" International conference.

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To the Participants of the International Conference «Development of Cooperation in the Region of the Aral Sea to Mitigate Consequences of the Ecological Catastrophe»

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Contest among Musicians of Folk Instruments

The State Conservatory of Uzbekistan has hosted an official award ceremony of the victors and winners of international contest of folk instrument players “Ona Yurt Ohanglari” (Melodies of the Native Land). 

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At the Same Time and on the Same Venue

The current global economy is increasingly becoming hostage to geopolitical turbulences, despite the fact that the global financial and economic crisis is far from being overcome. The present situation in the world has forced many countries to reconsider their priorities in industrial policy and embark on the path of economic modernization, where Uzbekistan is no longer a novice. The country's position is simple. In the conditions of uncertainty and pointlessness of making forecasts; there is a need to have a clearly built development strategy based primarily on internal resources like import substitution and localization, stimulation of domestic demand, and support for the real economy sector.

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Addressing Aral Issues as Pressing Challenge

An international conference is due October 28-29 in Urgench to discuss cooperation in the region of the Aral Sea basin in order to weather the impact of an environmental catastrophe. UzA reporters have had a conversation with some of its participants. 

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The volume of deposits in commercial banks of Uzbekistan amounted to 26.8 trillion soums

For the first 9 months of 2014, the volume of deposits in commercial banks of Uzbekistan in comparison with the figures of the corresponding period last year grew by 30.4 percent, and at the start of the fourth quarter of the current year amounted to 26.8 trillion soums. (Currency rates of CB from 29.10.2014 1$= 2383.98 soums)

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