Role of Stock Exchanges in Economic Development of Uzbekistan

The paper is devoted to study the contemporary role of investments to economic development in the context of Uzbek stock exchange. The comparative analysis of economic development and stock market trends in Uzbekistan, Kazakhstan and Russia for the period of 2000-2015 are conducted using documentary analysis, quantitative and qualitative analysis, and other statistical methods of research. The results

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Uzbekistan to regulate trade at stock exchanges, exhibitions, fairs

Uzbek President Shavkat Mirziyoyev has signed a resolution on the regulation of trading at stock exchanges, exhibitions and fairs, the website of the president said. In accordance with the document, settlements through clearing houses of stock exchanges and fairs can only be carried out regarding transactions registered at stock exchanges and fairs. In addition, it

Uzbekistan to Obtain Sovereign Credit Rating

The government in talk with Citibank on sovereign rating. The Uzbek government commenced first steps to obtain a sovereign credit rating and Citibank may be hired as advisor for such mandate, Jamshid Kuchkarov, Deputy Prime Minister of Uzbekistan stated today. “We are at the very starting point of efforts to obtain a sovereign rating. Citibank

No free AIIB pass for belt and road projects, bank executive says

Bank and infrastructure strategy overlap but are not the same entity, lender’s vice-president says The China-led Asian Infrastructure Investment Bank will strictly scrutinise projects put to the lender even if they are part of Beijing’s ambitious “Belt and Road Initiative”, a senior bank executive said on Friday amid concerns about the bank’s loan book. Joachim

China-led AIIB on track to hit $4 billion funding target by end-2017

BEIJING, Sept 6 (Reuters) – The China-led Asian Infrastructure Investment Bank (AIIB) said on Wednesday it was on track to meet its target of about $4 billion in loan approvals by the end of 2017 with a pipeline of projects to be approved towards the end of the year. The bank has approved $3 billion

Iran gas export to EU in post-sanctions era

The sanctions on Iran were removed in January 2016, and that paved the ways for Iran’s gas flow to EU, but the country still faces with gas shortage itself. Dalga Khatinoglu, commentator on Iran’s energy issues and head of Iran news service at Trend Agency, told Istanbul-based Alsharg Forum think tank that Iran’s gross gas

Iran, China Team Up on New Silk Road Project

The 926-km railroad linking the capital Tehran to the eastern religious tourism hub of Mashhad is part of China’s New Silk Road initiative named “One Belt, One Road”, which will cut short a long journey for Iranian passengers and cargo. “All obstacles to the implementation of the project have been removed and, next week, operations

Taking stock of development assistance

Outlining a perspective of self-reliance and appealing for nuanced understanding of Myanmar’s situation vis a vis peace and national reconciliation, Daw Aung San Suu Kyi, the de-facto leader of Myanmar spoke on the occasion of first anniversary of the NLD led government in March 2017 that“…We value the support, help and sympathy of our friends

Myanmar-China trade reaches $10 billion every year

The trade volume between Myanmar and China usually reaches about US$10 billion every year, accounting for 30 per cent of Myanmar’s foreign trade, said Ministry of Commerce permanent secretary Toe Aung Myint. In the export sector, marine trade reached more than $1.3 billion. Border trade reached $638 million. The total export volume reached more than

Interview: Kazakhstan fully embraces Belt and Road Initiative

ASTANA, June 5 (Xinhua) — Kazakhstan has fully embraced the Belt and Road Initiative and is looking forward to more cooperation within the framework of the China-proposed initiative, says a leading expert in the country. “Kazakh-Chinese relations have always been stable,” noted Ruslam Izimov, head of the Eurasian Studies Program at the Institute of World