Foreign trade turnover in 7M2024 grew by 5.3% and reached $36.8bln including a 10.1% increase in imports, up to $22bln and a 1.1% decline in exports, down to $14.8bln.

https://stat.uz/ru/press-tsentr/novosti-goskomstata/56067-vneshnetorgovyj-oborot-respubliki-uzbekistan-za-yanvar-iyun-2024-g-2

stat.uz

Внешнеторговый оборот Республики Узбекистан (за январь-июль 2024 г.)

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Tashgiprogor JSC (TGPR) was included in the official Tashkent Stock Exchange listing from August 22nd.

https://uzse.uz/boards/3827

93-Maxsus Trest JSC (MXUS) was included in the official Tashkent Stock Exchange listing from August 19th.

https://uzse.uz/boards/3823

Weekend reading: Melon festival in Khiva.

https://english.news.cn/20240812/65ad78fd9e3647d9a2415040f65286be/c.html

english.news.cn

People celebrate Melon Festival in Khiva, Uzbekistan

People celebrate the Melon Festival in Khiva, Uzbekistan, Aug. 11, 2024. Khiva in the Khorezm region of Uzbekistan hosted the annual Melon Festival from Aug. 9 to 11. The ancient city showcased a variety of melon products and held a series of vibrant traditional…

Overview:
- Ipak Yuly Bank JSCB (IPKY) signed two bank loan repayment insurance contracts both 530bln UZS worth with Alfa Invest JSC and Uzbekinvest JSC (UZIN) insurance companies;
- Uzbekneftegaz JSC (UZNG) capitalized almost a 1trln UZS into a charter capital of the company;
- EOPC JSC (UzCard), ATTO JSC and Plum Technologies JSC reorganized the management structure introducing a UCMG LLC as a management company to lead the operational processes;

President signed a Decree to develop financial factoring services for accounts receivable in Uzbekistan. The draft of a new Law should be submitted within one month. Factoring services might be provided both in local and foreign currency.

https://www.lex.uz/ru/pdfs/7061749

Uzbekistan to join WTO by 2026.

https://kun.uz/en/news/2024/05/30/uzbekistan-plans-to-join-world-trade-organization-by-2026

Kun.uz

Uzbekistan plans to join World Trade Organization by 2026

The WTO working group called on the republic to “take on additional obligations”.

Microcreditbank JSCB (MCBA) and UnaFinancial to establish a microfinance organization (MFO) to provide financial services to micro and small businesses.

https://una.financial/news/company-news/una-financial-forges-partnership-with-jscb-microcreditbank-to-provide-lending-services-in-uzbekistan

una.financial

UnaFinancial partners with JSCB Microcreditbank to provide lending services in Uzbekistan | UnaFinancial Blog

UnaFinancial group of companies