President of the Republic of Uzbekistan Shavkat Mirziyoyev has sent a letter of condolence to the Prime Minister of Japan Shinzo Abe over the loss of lives caused by the natural disaster in Kumamoto and Kagoshima prefectures.

The Center for Economic Research and Reforms (CERR) conducted the third round of survey among enterprises for the June 2020, which involved 998 enterprises. 

On July 2, President Shavkat Mirziyoyev held a videoconference discussion of the course of implementation of forecast indicators in Uzbekistan’s investment and foreign trade activities in the first half of this year. The meeting also served to overview the realization of priority projects with Japan, the Republic of Korea and the United Arab Emirates as well as prospects for enhancing the trade, economic, investment, financial and technical cooperation with them.

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The Republic of Uzbekistan is blessed with rich natural resources including precious, rare and non-ferrous metals, various organic fuel such as oil, natural and condensed gas, different types of coal, shale oil, uranium and many more. The country firmly holds fourth position in stock of gold and seventh in gold mining, eighth in uranium reserve and eleventh in uranium mining.

For the last three years, Uzbekistan is progressively implementing its new development strategy, initiated by President Shavkat Mirziyoyev. The strategy embraces five priority areas: public administration and civil society, rule of law, economy, social issues, and international relations.

Given the high likelihood of the second wave of COVID-19 outbreak, countries still face a choice between the people and the economy. Today the task of reducing the spread rate of infections directly contradicts the task of limiting the depth of the economic recession accompanied.