Monthly review for February 2009: Uzbekistan

In this issue:

3 Laws & Legislations
3-4 Politics and Economics
3 New order on transactions in currency market in Uzbekistan approved
3 Tashkent closes market for foreign goods
3 Trade turnover between Uzbekistan and Ural region reaches US$245 million
3 Uzbekistan’s foreign trade surplus up 56.5% in 2008
3 Amount of foreign investments to increase in 2009 by 40%
4 New embassy of Turkmenistan opens in Uzbek capital
4 Karakalpakstan's economy increases by 8.3% in 2008
4 Uzbekistan to allow supply transits to Afghanistan
4 Uzbekistan to spend US$60m on drinking water supply projects for villages
5 Banking
5 Hamkorbank issues 27,000 plastic cards
5 Specialized bank to develop rural infrastructure
5 Central Bank sterilizes excessive liquidity in money market
5 RBS 'set to shed up to 20,000 jobs'
5 Ipoteka Bank issues savings and deposit certificates
5 HR News
6-7 Corporate News
6 Uzbekugol OJSC cuts production in 2008
6 Gissarneftegaz JV commissions new well
6 Lukoil invests US$67m in exploration at 2 Uzbek areas in 2008
7 Gazprom to buy 30bn cm of gas from Uzbekistan in 2010
7 Izhneftemash settled the contract with Uzbekistan.
7 Angren coal strip mine to be modernized
7 Uzbekneftegaz implements 12 investment projects in 2008
7 Paynet registers over 35,000 MIACL policies
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list