At once three global navigation satellite systems – GLONASS (Russia), GALILEO (European Union) and GPS (USA) – received permission to use radio frequencies of 1215-1300 MHz and 1563-1615.5 MHz on the territory of Uzbekistan.
The National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) and the Eximbank, India signed a credit agreement worth $10 mln to support small business.
On the threshold of the 17th anniversary of independence of the country, the republican review-competition for the best project of young businessmen, organized by Joint Stock Commercial Microcreditbank, was held.
The payment system of the Uzbek Commodity Exchange (UzEX), the iPAY, became a full-fledged instrument of electronic commerce having passed from Intranet to Internet. It is the first integrated payment system in Uzbekistan to unite issued plastic cards, clients’ accounts and other payment systems.
Samarkand was the venue for a seminar on Ways of using advisory services for attracting investments and developing business organized by the Association of Professional Business Advisors (APBA) and EBRD Business Advisory Services (BAS) Program.
The JV Shurtangazmahsulot (Shurtan gas product) launched the 3-4 lines of propane-butane installations in Kashkadarya region in the area of Shurtanneftegaz Unitary Subsidiary Company.
Leasing as instrument of private enterprise development
25.08.2008 12:08
By Daniyar Ravshanov
The International Finance Corporation (IFC) of World Bank Group offered loan of US$ 3 mln to Uzbek Leasing International A.O. Today, it is the only Uzbek leasing company to take out loans from international finance organizations.
Business 