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Central Bank Disproves the Information on Suspension of Conversion

The Central Bank of Uzbekistan has disproved the information appeared in several publications on suspension of currency conversion for the period of several months.

“The procedure of converting the national currency into foreign is performed by commercial banks as appropriate, in accordance with the liabilities under the article 8 of the Articles of Agreement of the International Monetary Fund,” the regulator states.

(Source:IA «Uzbekistan Today»)



$2.1 billion was invested in the light industry of Uzbekistan

The global textile industry has changed dramatically over the past 10-15 years. Affected by globalization, the world economy center of textile production has shifted from Europe and the United States to the developing countries of South-East, Central Asia and South America. Being the major supplier of raw materials for light industry in many Asian countries, and an outstanding player in the market of finished goods, Uzbekistan has been actively involved in these processes.

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World Gymnastics Stars in Uzbekistan

Artistic gymnastics World Cup phase and the international tournament Happy Caravan – 2015 have started in Tashkent. The National Children’s and Youth’s Specialized Sports School of Olympic Reserve for Artistic Gymnastics played host to the official opening ceremony of the competitions.

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An Invention of Global Value

Uzbekistan has been increasingly producing innovations of both local and global significance. Uzbekistan Today reporters learned about one of them at the Gidroelektroservis Company. Its engineering group has developed a unique technology of obtaining activated carbon. The know-how has no counterparts in the world and might claim for global distribution.

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Delegation of Indonesia visits Senate of Uzbekistan

A delegation led by the Speaker of the Regional Representative Council Irman Gusman paid a visit to the Senate of Oliy Majlis of Uzbekistan on 21 May 2015.

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“O‘zbekyengilsanoat” plans to implement 31 investment projects worth $231.92 million

The capital hosted a press conference dedicated to the ongoing work on investment attraction in the system of the State joint stock company "O‘zbekyengilsanoat".

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Trade Unions allocate 16.3 billion soums under the State program “The Year of Care for the Senior Generation”

The Council of Federation of trade unions of Uzbekistan held a press conference on the results of ongoing work in the framework of the State program “The Year of Care for the Senior Generation”.

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Humans and Nature: the Harmony of Relationship

From the first days of its independence, Uzbekistan has embarked on rational use of natural resources and conservation of the environment for present and future generations. On the threshold of the upcoming World Environment Day, it is noteworthy that humans, protection of their interests and rights to a healthy, clean environment, have been a priority of deep ongoing transformations in the country.

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