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July 1, 2014


July 1, 2014



Economy’s Silk Threads. 2

Exporting potential of Uzbekistan. 2


Triumphant Advance of Uzbek Chess Players. 4





Economy’s Silk Threads

In the current year, over 26,000 tons of silkworm cocoons have been grown in Uzbekistan, which is 1,000 tons as much as the last season.

According to the Ministry of Agriculture and Water Resources of Uzbekistan, the country’s sericulturists have grown over 445,000 boxes of silkworm eggs, with 58 kilos of cocoons obtained from each box on average. Over 90% of them are of high quality. The three leading silkworm breeding farms this season are Tursunoy Ipagi based in Beruni District, Karakalpakstan (74kg), Alimov Uktam Nazarovich based in Mirishkor District, Qashqadaryo Region (72kg) and Kholmirza Boltaboev Ishonchi based in Baliqchi District, Andijon Region (71kg).

This high output of silkworm cocoons grown in Uzbekistan this year is what the consistent national program of support for local sericulturists resulted in. Over the past few years, the total area of mulberry groves in Uzbekistan has expanded significantly. Besides, local sericulturists have introduced advanced silkworm breeding methods and updated their skills and techniques. In order to speed up the development of the industry in the country, they set up special silkworm cocoon preparation facilities equipped in compliance with international standards. Intensive mulberry groves were planted near these facilities to optimize the cocoon growing technology. Their area came to 1,100 hectares. This year, Uzbek silkworm breeders were given quite an efficient incentive: every kilogram of quality cocoons over the agreement weight is paid for twofold.

Together with the expansion of silkworm growing production, the number of silk processing facilities is growing in Uzbekistan. Within the past several years, dozens of modern silk processing factories have been built in the country. Among the latest ones stands out a large silk making complex launched in Qashqadaryo Region last year.

(Source: “Uzbekistan Today” newspaper)

Exporting potential of Uzbekistan

In today’s vast changing world, each country strives to achieve stable economic situation. Everyone has own direction to operate in this environment. There are five main key principles of policy in transition economic period, dedicated by President of Uzbekistan, Islam Karimov.

Firstly, priority of economy over the policy. The economy should be main factor of government development.

State is the main reformer. State should be the important branch that develops the priority of economy in difficult transitional period.

Thirdly, superiority of law in all aspects of life and business activity. Modernization and progress should be supported by practical legislative acts.

Reforms can not be separated from effective measures of social protection. All changes should me made smoothly in corporation with social security of people.

In fifth, market principles should be operated gradually and in systematic approach.

Moreover, there are five main principles of stabilization of foreign economic relations of county, namely “open doors policy” formalized by President of Uzbekistan, Islam Karimov.

Firstly, development of trade-economic relations not depending on ideological views.

Then, equal and mutually beneficial cooperation

Thirdly, priority of international laws over national level, recognition principles and laws of GATT/WTO, in context of systematic liberalization of foreign-trade regime.

In fourth, reasonable balance between competition and cooperation.

Fifthly, creation of most-favoured nation treatment for countries and separate foreign investors, who ensure attraction of the most modern technology.


Gold. By storage of gold resources republic is in forth position in the world, and for mining, it is in seventh position (about 80 tons of gold each year). In storage of cooper is in tenth – eleventh position. Uranium- eleventh- twelfth, and for mining it is in seventh – eighth position (by data of World Nuclear Association, European Nuclear Society and British Geological Survey).

In the moment, there are about 40 field of occurrence with uranium reserves, from which majors are 27 fields. From data of information centres of State Comity on geology and mineral resources of republic, there are 185,8 thousand tons of uranium reserves. Uzbekistan does not have own atomic industry, therefore all amount of low-enriched uranium is exported. There is powerful foundation of mineral and raw material resources, constituting one of the main items of monetary earnings for government economy. Today this foundation constituted by 1800 fields of occurrences and about 1000 of perspective mineral resources, 118 mineral raw materials, from which 65 is cultivated. Experts estimate of storage of mineral resources for about 3.5 trillion dollars.

Cotton market is well developed. In 2011 was record level of grain crop (about 6.8 million tons). Significant untouched oil and gas reserves. Current output of gas bring crucial contribution in production of electricity. Experience of production of machinery: single in Central Asia factory of aircraft building. There is large “GM Uzbekistan” factory in Asaka city, which manufactures cars by licence of Daewoo and Chevrolet.

National holding company “Uzbekneftegaz” is in 11th place in the world in mining of natural gas (annual mining of gas is 60-70 billion cubic metres). There are 194 mines of hydrocarbon material, from which is gasoline and condensate – 98, oil and gas, oil and oil-gas condensate-96.

Geological oil reserves – 5 billion tons.

Proved oil reserves – 530 million tons.

Geological natural gas reserves – more then 5 trillion cubic metres.

Proved reserves of natural gas – 3,4 trillion cubic metres.

Oil mining – 3,5 million tons annually.

The biggest energetic corporations – CNPC (China National Petroleum Corporation), Petronas (Malaysia), KNOC (Korea), Gazprom, Lukoil, Uzbekneftegas.

In the structure of GDP agricultural sector has significant position, 38 %, there is 26 % correspond to manufacturing, 36 % for service sector. Despite economic crisis GDP of country in 2010 grew to 8,5 %.Output of 2008 illustrates that Uzbekistan occupies third place in export and sixth in production of cotton in the world.

In 2009 Production of manufacturing products grew by 9,0 %.

Production of agricultural sector – for 5,7 %,

Volume of construction works grew for 33,1 %,

Volume of paid services – for 12,9 %,

Retail turnover – for 16,6 %.

44 % of employable population occupied in agricultural sector.

20 % in manufacturing

36 % in service sector.

Primary agricultural production of Uzbekistan, except cotton is fruits, vegetables and grain (wheat, rice, and maize).

Major energetic resources of government is natural gas (proved reserves until 3 trillion cubic metres, from which large Shurtan mine with 0,5 trillion cubic metres and Alan mine – with 0,2 trillion cubic metres, explored large occurrence field Urga with reserves until 1,5 trillion cubic metres), coal (Angren mine is with reserves until 1,9 billion tons of brown coal), reserves of uranic ore (in total until 230 thousand tons of uranium, from which one is Uchquduq mine) and water power (rivers Chirchiq, Ohangaron (Angren), Surkhondaryo and many minors).

Foreign Trade

Uzbekistan exports (13 billion 44,5 million US dollars in 2010) – cotton, gold, uranic ore, natural gas, mineral fertilizers, metals, textile production and food production, cars. Volume of export production in 2011 increased comparing in 2010 by 15,4% and constituted 15 billion US dollars.

Import (6 billion 797,9 million US dollars in 2010) – manufacturing production. Surplus of trade balance is 11% of GDP (approximately 4,2 billion US dollars in 2010).

Gold currency reserves – 19,8 billion US dollars (the end of 2011).

In coming decade Uzbekistan is stated as best quick-growing economies of the world (top 26) by HSBC global bank version (report of World in 2050).

We made choice of moving for market economy not with great jumps, not with revolutionary destructions, but logically – step by step, meaning in evolutionary route. Each step – is link in realization of strategy of following reforms. Each step should be permanently compared with strategic priorities, reflect staging of their realization, serve as barometer, determining accuracy of selected course, and in time contribute necessary corrections. Strategic line is main guideline for highlighting stages, defining of their targets, goals and priorities.

(Source: “Bizness” newspaper)


Triumphant Advance of Uzbek Chess Players

The capital Tashkent has hosted competitions of the fifth round of Asian Chess Championship among juniors under 12.

The eminent competition was organized by the Asian Chess Federation, the Ministry of Culture and Sports of the Republic of Uzbekistan, the Fund for the Development of Children’s Sports under the Ministry of Public Education and the Chess Federation of our country. Around 200 chess players are taking part in the contest.

The world champion Nodirbek Abdusattarov who contends among boys under 10 leads with 5 points following his victory over Ganzorig Amartuvshin of Mongolia, Mohan Kushagru and Ritvik Raju and Pragnanandhu of India, as well as the fellow from the national team Javohir Sindorov. In the sixth round, Nodirbek is to face Min Tien Nguen from Vietnam.

Akjal Rahmatullaev, having proved second to no one at the Asian Championship in rapid chess among fellows under 6, is geared up for victory also in classical chess. He has earned four points our of five possible by mating Ramdas Anant from India, Batgerel Enkhzorig and Ochir-Erden Ariunbold of Mongolia, as well as Abdurahman Astanov from Turkmenistan.

Likewise, performing in competitions among girls under 12, Dilbar Hamraeva also has garnered 4 points. In four out of five games, she overwhelmed Yulia Makashina from Tajikistan, Vafia al-Maamari from the UAE, Asel Serikbai of Kazakhstan and the partner from her own team Sitora Nazarova.

Gold medals are sought also by Battsuj Enhlen, Bayamunj Aminerdene, Bt-Erdene Mungunzul from Mongolia, Satbek Ahmetdinov, Aldiyar Ansat from Kazakhstan, An Hoi Nguen of Vietnam and Agrawal Vantika from India.

The Asian Championship is going on.