August 26, 2013

Politics:
President Meets with UNESCO Director General
The Senate of Oliy Majlis of the Republic of Uzbekistan has convened for the second day of its twelfth general session
Economics:
The National Bank to launch a special fund to assist small businesses and entrepreneurs in their efforts to bolster exports
Share of small businesses in Uzbekistan’s GDP makes up 43.2%
Uzbekistan’s light industry manufactures good hits 4.2 trln. Soums
Uzbekistan to introduce UzASBO system for budget organizations
Japan issues loan for US$353.87m to Uzbekistan
Society:
In ICT Summit in Tashkent will attend over 600 delegates
Mahalla, the Bedrock of Society
5th International Contest of Contemporary Choreography and Sports Plastique Starts at Tashkent’s City Makon Complex

POLICY

PRESIDENT MEETS WITH UNESCO DIRECTOR GENERAL

President of the Republic of Uzbekistan Islam Karimov at the Oqsaroy on August 25 met with Director General of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Irina Bokova, who arrived in our country to take part in the 9th Sharq Taronalari International Music Festival.

Greeting the guest, the head of our state expressed conviction that her first visit to Uzbekistan as the UNESCO Director General will facilitate a closer familiarization with the country and our nation’s rich historical-cultural heritage.

The two sides have been successfully interacting in issues related to the revival and profound study of the spiritual legacy of Uzbekistan; they have been jointly running a diversity of programs in culture, education, science and other areas.

For the past 20 years, jubilee celebrations of our great ancestors – Amir Temur, Mirzo Ulughbek, Ahmad al-Farghoni, Imam al-Bukhari, Kamoliddin Behzod, the world famous cities – Bukhara, Khiva, Termez, Shahrisabz, Karshi, Samarkand, Marghilan, Tashkent, such invaluable literary monuments as the Alpomish, Avesto, as well as the Khorezm Academy of Mamun – have been widely commemorated at the international scale under the UNESCO auspices.

The historical-cultural buildings of Samarkand, Shahrisabz, Bukhara and Khiva are included in the UNESCO World Heritage List. Bukhara was announced the City of Peace in 2001 under UNESCO decision. The cultural space of Boysun, along with “shashmakom”, “katta ashula” and Navruz are included in the Representative List of the UNESCO Intangible Cultural Heritage of Humanity.

Irina Bokova expressed sincere gratitude to the President of Uzbekistan for a warm welcome, congratulated on the forthcoming 22nd anniversary of national independence and wished every success in holding what is going to open in one of the world’s most ancient cities – Samarkand – the 9th international forum of arts and culture, which is organized under the UNESCO aegis and has been earning mounting acknowledgement and popularity across the globe, owing by and large to the declared noble mission of cementing the bonds of friendship and cooperation among nations and peoples as well as their spiritual mutual knowledge and understanding.

The UNESCO Director General stressed that Uzbekistan’s globally acknowledged achievements are fruits of the well thought-out wide-ranging reforms across all walks of life and stem from the national leadership’s special attention to the promotion of culture and education, to fostering the younger generation on the best national traditions and building on the universal cultural heritage.

(Source: UzA – Uzbekistan national news agency)

THE SENATE OF OLIY MAJLIS OF THE REPUBLIC OF UZBEKISTAN HAS CONVENED FOR THE SECOND DAY OF ITS TWELFTH GENERAL SESSION

The Senate of Oliy Majlis of the Republic of Uzbekistan continued its twelfth general session on August 23, 2013, in the city of Tashkent.

On the second day of the general meeting, the senators – in accordance with constitutional powers – heard the account by the Chairman of Board of the Central Bank of the Republic of Uzbekistan F.Mullajanov on the activities of the Central Bank of the Republic of Uzbekistan in the year 2012. It was noted that the activities of the Central Bank in 2012 were carried out in line with the Law “On the Central Bank of the Republic of Uzbekistan” and was directed at addressing the tasks defined by President of the Republic of Uzbekistan Islam Karimov during the Cabinet of Ministers meeting that summarized the outcomes of the year 2011 and outlined priorities of socio-economic development for the year 2012, along with the Resolution of the Senate of Oliy Majlis of the Republic of Uzbekistan “On Report by the Chairman of Board of the Central Bank of the Republic of Uzbekistan on the Activities of the Central Bank of the Republic of Uzbekistan in the Year 2011”, as well as the Anti-Crisis Action Plan for 2009-2012.

As part of certain priority dimensions in the activities of the country’s banking system, a particular emphasis was placed in 2012 on the further consolidation of stability of banks and their accomplishment of high rating indicators. The implementation of targeted measures designed to address the set objective has allowed for securing the achievement of remarkable indicators in the nation’s banking system. Thus, in the year of account, the level of capital adequacy of the banking system was thrice as high as the universal international standards. The level of current liquidity of the banking system is twice the required minimum level.

The execution of effective banking oversight, the constant monitoring of the liquidity and quality of assets in line with international standards have allowed the commercial banks of Uzbekistan to earn positive appraisal from the world’s leading rating agencies. Notably, 28 commercial banks of the country earned positive rating at the level “stable” awarded by rating agencies like Standard & Poor’s, Moody’s and Fitch Ratings.

In the year of account, the banks implemented wide-ranging measures aimed at boosting the competitiveness of the country’s economy, accelerating the development of production sectors and new hi-tech enterprises. The total volume of loans in 2012 assigned to the manufacturing sector of the economy increased by 30.5 percent compared to the previous year. At the same time, the share of loans allocated for investment purposes multiplied 1.3 times. The loans granted from internal sources amounted to 85.8 percent of the total volume of loan portfolio of commercial banks, while long-term investments with terms exceeding three years grew by 30.9 percent and made up 76.8 percent of the total loan portfolio.

It was noted during the discussion that the effective work designed to rehabilitate 120 economically failing enterprises that were transferred to the assets of commercial banks has facilitated the resumption of production and their sale to strategic investors. This offered an opportunity to create in excess of 25 thousand jobs. These enterprises exported goods for a total of 494.4 million US dollars. In order to support also the activities of small business and private entrepreneurship entities, the loans assigned increased 1.3 times compared to those in the year 2011, while the volume of allocated micro loans multiplied 1.5 times.

In order to attract foreign investments and loans to the national economy, the banks realized loan tracks of international financial institutions in 2012 in the volume of 181.7 million US dollars – an indicator 1.3 times higher than that in 2011.

At the same time, in their reports on the account, senators drew attention to the importance of the role and significance of the Central Bank of the Republic of Uzbekistan in securing the sustainability and efficiency of the banking and financial system of the country, along with the realization of measures stipulated by the State Program “The Year of Wellbeing and Prosperity”, and conveyed some proposals for the further elevation of the effectiveness of its activities.

The senators stressed the necessity of further close interaction of entities of the banking and financial system with local government and management bodies in addressing priority tasks in the socio-economic development of regions of the country, in the continuation of consistent implementation of actions directed at perfecting the system of banking oversight, at increasing the resource base of banks, crediting the hi-tech production entities, modernization projects, technical and technological renewal of production, diversification of banking services, expansion of financial support for small business and private entrepreneurship.

Further on, members of the upper house of parliament enquired into issues concerning the introduction of amendments to membership of the Supreme Court and the Supreme Economic Court of the Republic of Uzbekistan, as well as other matters pertaining to the powers of the Senate of Oliy Majlis of the Republic of Uzbekistan. Due decisions of the Senate of Oliy Majlis of the Republic of Uzbekistan were adopted on all issues under consideration.

On that point, the Senate of Oliy Majlis of the Republic of Uzbekistan completed its twelfth general session.

During the two-day session of the Senate, 9 subject matters were deliberated on, including 4 laws directed at the steadfast realization of provisions of the Concept of Intensifying the Democratic Reforms and Forming Civil Society in the Country, at the creation of maximum favorable business environment for the further development of small business and private entrepreneurship, at the perfection of legislation in the social and judicial spheres.

A special significance in providing for environmental security, in protecting public health, safeguarding the human right for a sound natural environment, has been attached to the consideration by the Senate of the issue concerning the measures designed to weather the catastrophic impact inflicted by the production activities of Tajikistan’s TALCO State Unitary Enterprise on the environment and people’s health.

The implementation of decisions adopted at the 12th general session of the Senate will become a potent factor in the further intensification of democratic socio-economic and socio-political reforms, and in uplifting the living standards of the population and the stability and wellbeing in the country.

Press Service of the Senate of Oliy Majlis

Republic of Uzbekistan


ECONOMY

THE NATIONAL BANK TO LAUNCH A SPECIAL FUND TO ASSIST SMALL BUSINESSES AND ENTREPRENEURS IN THEIR EFFORTS TO BOLSTER EXPORTS

Uzbekistan to create a new fund that will deal with the expansion of export potential of small business and entrepreneurship, as well as assist them in increasing the production of modern, competitive products and promote them for export.

The National Bank for Foreign Economic Activity of Uzbekistan will established the Fund to support small businesses in exports with regional offices in the regions. This has been approved by the Decree of the President of Uzbekistan on additional measures to support the exports of small business and entrepreneurship.

The new unit will conduct marketing research of foreign markets, the study of the current and future market demand, the identification of potential opportunities for the export of products made by domestic small businesses and private entrepreneurs. In addition, the fund will analyze the range of products, determine the level of competitiveness in foreign markets, build relevant databases and develop proposals to ensure conformity of export demand on the global and regional markets.

One of the main missions of the new unit will be provision of legal, financial and organizational services for small businesses, their promotion in foreign markets, finding potential buyers, preparation and conclusion of contracts, support of export transactions, protection of exporters from risks, as well as payment for necessary licenses, certificates, permits and other fees required by the laws of foreign countries. In addition, the fund will assist in increasing the participation of small businesses and private entrepreneurs in foreign tenders, as well as contacting local producers and foreign buyers by organizing fairs and presentations.

Small Business Export Support Fund will provide services exclusively to small businesses, private entrepreneurs and farmers. The initial size of the fund’s capital will be 5 billion soums, of which $2.5 billion will be generated through a one-time contribution from the state budget, and the rest through voluntary contributions of the founders, small businesses, private entrepreneurs, the National Bank, Commerce and Industry Chamber of Uzbekistan, as well as other commercial banks, financial institutions and donors. The sources of funds will be incomes derived from the provision of legal, financial and organizational services to small businesses and private entrepreneurs in the form of commission payments in the amount of generally accepted in international practice, up to 3% of the contract value.

The fund will provide small businesses, private entrepreneurs and farmers free financial assistance for the development of export-oriented domestic brands, provide access to new markets and promote exports of new products, including the payment for necessary licenses, permits and certificates in accordance with the laws of foreign countries, as well as registration fees and other fees associated with participation in international tenders, foreign exhibitions and fairs.

The presidential resolution has released the Small Business Export Support Fund, including its regional affiliates, up to January 1, 2019 from all taxes, levies, fees and mandatory contributions to state funds, with the exception of a single social payment.

(Source: “Uzbekistan Today” newspaper)

SHARE OF SMALL BUSINESSES IN UZBEKISTAN’S GDP MAKES UP 43.2%

Small entrepreneurs (businesses) produced 43.2% of total volume of the gross domestic product (GDP) of Uzbekistan in January-June 2013, which rose 0.6 percentage points year-on-year, the State Statistics Committee of Uzbekistan said.

Share of small enterprises and microfims in the GDP made up 25.9% in January-June 2013 compared to 25.8% in the same period of 2012.

The sector employed 9.372 million people or 75.5% of all employed in economy. Individual sector employed 7.118 million people, small enterprises and microfirms – 2.254 million people.

Number of people employed in private sector of small businesses reached 8.593 million people or 91.7% of total employed in the sector.

The sector produced industrial goods worth 6.532 trillion soums (Currency rates of CB from 22.08.2013 1$=2119.73 soums), (22.9% of total industrial output of Uzbekistan), which grew by 13.9% year-on-year.

In the reporting period, the small businesses used investments for 3.964 trillion soums (32.8% of total used investments in Uzbekistan). The growth rate made up 4.7% year-on-year.

The sector carried out construction works for 4.46 trillion soums or 70.9% of total construction works in Uzbekistan. The growth rate made up 12%.

The small entrepreneurs increased cargo turnover by automobile by 7% (80.2% in total volume of cargo turnover) and passengers by automobile by 6.8% (87.2% of total passenger turnover).

The sector formed 43.8% of total retail turnover of Uzbekistan, which made up 9.047 trillion soums (+11.9%) and paid services – 40.9% and 3.252 trillion soums (+5.5%).

The small businesses exported products and services for US$1.308 billion (19.2% of total exports of Uzbekistan) and imported products – US$2.595 billion (40.7% in total imports of the country).

(Source: Uzdaily.com)

UZBEKISTAN’S LIGHT INDUSTRY MANUFACTURES GOOD HITS 4.2 TRLN. SOUMS

Light industry of Uzbekistan produced goods for 4.199 trillion soums in January-July 2013, which increased by 15.9% year-on-year, the press service of the State Statistics Committee of Uzbekistan said.

In the reporting period, the cotton industry enterprises produced goods for 984.3 billion soums (+18.2% year-on-year), knitting industry – 405 billion soums (Currency rates of CB from 23.08.2013 1$=2119.73 soums), (+30.9%), apparel industry – 398.7 billion soums (+23.2%), leather industry - 219.7 billion soums (+21.2%).

The enterprises of the light industry increased production of mixed fabrics – 2.2 times, knitted fabric - 1.6 times, cotton fabrics - 1.4 times, knitwear - 1.4 times, and cotton yarn - 1.3 times.

They also increased production of textile haberdashery – 4.3 times, threads of raw silk - 1.5 times, hosiery - 1.3 times, carpets and rugs – 14.6%.

Share of light industry in total volume of industrial production of Uzbekistan exceeded 12.6%.

(Source: Uzdaily.com)

UZBEKISTAN TO INTRODUCE UZASBO SYSTEM FOR BUDGET ORGANIZATIONS

All budget organizations of Uzbekistan will carry out their accounting and reporting operation via single system UzASBO from 1 January 2014.

This was announced at the training, which was organized by the Treasury, Information-computer center and Educational Center for training and re-training workers of financial bodies and financial-accounting subdivisions of the budget organizations of the Ministry of Finance of Uzbekistan.

The event was organized to familiarize specialists of the budget organization with the software complex UzASBO, UzA reported.

Acting director of Center for training and re-training workers of financial bodies and financial-accounting subdivisions of the budget organizations of the Ministry of Finance of Uzbekistan Botir Nurmatov said that currently Uzbekistan works on development and improvement of budget process, informatization of all budget process via introduction special software. Currently, the project on development of software “Pasportization of budget organization”, which is also implemented within the software UzASBO, is implemented in Uzbekistan.

During the seminar, the specialists were trained on use of new software. After they return to their regions, they will train specialists of budget organizations on use of UzASBO.

It was said that the UzASBO will help to automate all circle of accounting in budget organizations – from creating and running accounting database, creating expenses data, etc. It will also ensure that accounting reports comply with national standards and legislative acts.

UzASBO will store all documents of the budget organizations at the data center of the Ministry of Finance. It also can be integrated to Treasury and other software.

(Source: Uzdaily.com)

JAPAN ISSUES LOAN FOR US$353.87M TO UZBEKISTAN

The Government of Japan allocated 34.877 billion yens (about US$353.873 million) to implementation of the Navoi Thermal Power Station Modernization Project.

The loan was issued to Uzbekistan within the Official Development Aid (ODA). On 22 August 2013, Tashkent hosted a ceremony on signing exchange notes within the Japanese yen loan of ODA within the Navoi Thermal Power Station Modernization Project.

Ambassador of Japan to Uzbekistan Fumihiko Kato and Minister of Foreign Economic Relation, Investments and Trade of Uzbekistan Elyor Ganiev signed the exchange notes.

The project envisages construction of the second combined-cycle plant with the capacity of 450 megawatt, as well as gas compression station. The project will be implemented in two years.

The consortium of Turkish Calik Enerji Sanayi ve Ticaret AS and Spanish Initec completed construction of combined-cycle plant with the capacity of 450 megawatt at the Navoi thermal power station in October 2012. The project cost was US$530 million.

Japan’s Mitsubishi supplied combined-cycle plant with the capacity of 478 megawatt to Navoi thermal power station. The project will allow to produce 2.8 billion KWH of electricity a year and cut consumption of fuel by 1.8 times. It will save 400 million tonnes of gas or over US$110 million.

Total capacities of the Navoi thermal power station with new combined-cycle plant reached 1,546 megawatt, which allows to produce 7.9 billion KWH electricity a year.

(Source: Uzdaily.com)

SOCIETY

IN ICT SUMMIT IN TASHKENT WILL ATTEND OVER 600 DELEGATES

On September 24 in Tashkent in the framework of the Week of Information and Communication Technologies Info Com-2013 will be held the 11th Annual National Summit on Information and Communication Technologies.

The purpose of the ICT Summit is to provide a platform to present achievements and opportunities of ICT in various spheres of life and activity trends of development of information and communication, as well as stimulating development of the ICT sector in Uzbekistan and the expansion of international cooperation.

National ICT Summit is one of the most important events of the year in the field of ICT and annually brings together key players of the sector of Uzbekistan, CIS countries, interested in establishing contacts and partnerships, discussing the latest developments and exchanging views on issues of ICT development.

This year, the work of the ICT Summit will bring together over 600 delegates from Uzbekistan and other countries, including South Korea, China, Russia, Germany and Kazakhstan. The number of foreign delegates will be about 50 people, which is the evidence of the international status of the ICT Summit.

The Summit will feature more than 70 papers in four thematic areas: "ICT in the Public Sector", "Technology, development and solutions", "Internet and Information Resources" and "Information and Library Technologies". At the conclusion of the event will be accepted recommendations and resolutions of the Summit.

ICT Summit will feature presentations on topics such as ICT in public administration and economics, regulatory policy, e-government, government resources and systems, information security, intellectual property, personnel training, development of the media business, social networking, e-commerce, payment systems , products, services and solutions in the field of ICT, information technology and library resources.

The National ICT Summit 2013's Committee on Information and Communication Technologies of the Legislative Chamber of Oliy Majlis of the Republic of Uzbekistan, Information and Analytical Department of Information Systems and Telecommunications of the Cabinet of Ministers of the Republic of Uzbekistan, the Uzbek Agency for Communication and Information, the Association of Enterprises and Organizations of Uzbekistan and the company «CIB GROUP».

On the official website of the National ICT Summit (www.ictsummit.uz) is available more information about the event and follow the translation in the online mode.

(Source: Uzreport Agency)

MAHALLA, THE BEDROCK OF SOCIETY

Under the leadership of President Islam Karimov, a particular emphasis is placed in our country on perfecting the organizational base of the activities of the institution of mahalla, enhancing the scales of objectives it is tasked with, cementing interaction with government and management bodies – efforts successful in terms of practical results.

Some ten thousand citizens’ self-government bodies operate in our country. As an outcome of the consistent adherence of the principle “From Strong State to Robust Civil Society”, the role and status of mahalla in the society has been mounting to a remarkable extent.

Activists of citizens’ self-government bodies have been effectively addressing such challenges as boosting the social infrastructure within the territory of a given mahalla, consolidating the stability of the socio-spiritual atmosphere, the interethnic friendship and harmony, nurturing the youth in the spirit of love for the Motherland and devotion to the ideas of independence, the social support for the population and assistance in employment. The mahalla is a reliable backbone for the implementation of democratic reforms designed to ensure the wellbeing of the people.

Therefore, issues concerning the further perfection of activities of citizens’ self-government bodies and expansion of their rights and powers are in the core of attention in our country. The State Program “The Year of Wellbeing and Prosperity” outlines essential measures directed at comprehensive development of the institution of mahalla.

The Decree of President Islam Karimov on awarding a group of people in the system of citizens’ self-government bodies, signed on July 24, 2013, constitutes another brilliant manifestation of attention and care of our state for this sphere, of a well-deserved appreciation of the work of selfless activists of mahallas who have been laboring effectively in this system.

In the capital’s Turkiston Palace, a group of personnel of the system who have made a considerable input into the formation of civil society in the country, into securing social support for the population, the consolidation of interethnic friendship and harmony, the stability of socio-spiritual environment in mahallas, into fostering the youth in the spirit of devotion to the native land and independence ideas, were awarded high rewards in accordance with this Decree of President Islam Karimov.

Anvar Ahmedov, Chairman of Board of the Mahalla Charity Public Fund of Uzbekistan, and others noted that the measures aimed at the further enhancement of wide-ranging reforms being undertaken under the leadership of President Islam Karimov and directed at cementing stability, peace and harmony in the country, at a full realization of potential of our people, have been yielding their remarkable results. The elevation of the role and standing of citizens’ self-government bodies in this process serves to provide for peace, prosperity and welfare in mahallas.

The expansion of powers and tasks of the system on the base of the new edition of the Law of the Republic of Uzbekistan “On Citizens’ Self-Government Bodies” approved 22 April this year and that envisages targeted social support for population, assistance for bolstering small business and private entrepreneurship, family business and craftsmanship in particular, in the given territory, implementation of public scrutiny of the activities of government bodies raises the effectiveness of works on this front.

The economic and technical capacities of citizens’ self-government bodies have been augmented in order to create necessary conditions for an effective realization of tasks assigned to citizens’ self-government bodies. The buildings of some two hundred citizens’ assemblies have undergone cardinal overhaul this year by the Mahalla Charity Public Fund. Almost seven hundred citizens’ assemblies have been granted PC complexes, while around eight hundred were provided with necessary furniture. In excess of thirty modern mahalla guzars have been constructed and commissioned. More than a hundred children’s playgrounds have been built in mahallas, while some five hundred such squares were repaired.

“To love and guard the native Uzbekistan as the apple of the eye, and selflessly labor in the name of its prosperity is a duty of every person living in this sacred land,” asserts Tojibar Yuldasheva, holder of the El-Yurt Hurmati Order, consultant for religious enlightenment and spiritual-ethical education of the Shahrikhonsoy township citizens’ assembly in Andijan region’s Khojaabad district. “I am pretty glad that my humble work has been rewarded by such a high appreciation by the head of our state. This Decree signed by our President is another practical manifestation of the high attention and care for the development of mahallas, for our compatriots living in them. The high award of the Motherland inspires us to work even more productively for the prosperity of the country and wellbeing of our people.”

The event included a concert show with the participation of masters of art and young performers.

Prime Minister of the Republic of Uzbekistan Sh.Mirziyoev delivered a speech at the occasion.

(Source: UzA – Uzbekistan national news agency)

5TH INTERNATIONAL CONTEST OF CONTEMPORARY CHOREOGRAPHY AND SPORTS PLASTIQUE STARTS AT TASHKENT’S CITY MAKON COMPLEX

In excess of 800 young men and women are taking part in this international competition organized by the Fund Forum of Culture and Arts of Uzbekistan jointly with the Ministry of Culture and Sports and that of Public Education of the Republic of Uzbekistan, the Federation of Trade Unions of Uzbekistan, the Tashkent City Hokimiyat, and the Fund for the Development of Children’s Sports.

Under the leadership of President Islam Karimov, a special significance in our country has been attached to nurturing a comprehensively advanced generation, to guarding against such phenomena as alcohol and drug addiction, promoting healthy lifestyle, extensively engaging boys and girls in mass sports. The Fund Forum of Culture and Arts of Uzbekistan has been running numerous projects on this front in cooperation with a range of ministries and organizations.

The traditional international contest of contemporary choreography and sports plastique is one of such noble undertakings.

The principal goal pursued by this endeavor is to boost the mastery of the youth and support children’s dance groups. At the international competition, professionals and amateurs aged between 5 and 25 can demonstrate their skills on the big stage. All the participants in the juvenile, medium and adult age groups are to contend in sporting-ball, national and contemporary dances, street dance, freestyle, sporting acrobatics and artistic gymnastics.

Applications from 42 dance groups of our country and foreign nations have been received for the participation in the current competitions. The first day was marked by qualifiers in sporting-ball, national and contemporary dances, freestyle, sporting acrobatics and artistic gymnastics.

(Source: National News Agency UzA)