. Ministry for Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan INVESTMENT ENVIROMENT IN UZBEKISTAN AND PROSPECTS FOR COOPERATION

MAIN MACROECONOMIC PARAMETERS GDP growth (% to previous year) Structure of GDP production (%)

INDUSTRY GROWTH RATE IN UZBEKISTAN Growth rate of industrial output and share of the industry in GDP

ACTIVE FOREIGN TRADE POLICY - Export promotion and development of infrastructure - Expansion of export loaning, insurance perfection, quality control system and certification of products - Creation of logistic centers for the effective transportation of export cargoes - Unification of customs procedures

Inflation rate

East Asia London Paris Berlin Moscow Beijing Tokyo Seoul Singapore Jakarta Manila Bangkok Phnom Penh Muscat Cairo Abu Dhabi Doha Jerusalem Baghdad Riyadh Amman Tehran Europe South-East and South Asia Ankara Shanghai Minsk Kiev CIS Middle East & Africa Central Asia Astana Ashgabat Kabul Bishkek Brussels

Agricultural machinery Automobile Electrical engineering Oil, gas & petrochemical Mining & metallurgy Chemical Pharmaceuticals TextilesBuilding materialsFood processing Electronics

Stable legislation during 10 years Foreign investments and other foreign assets are not subject to nationalization Free transfer of money resources in a foreign currency into Uzbekistan and from it without any restrictions

In 2010:  Share of FDI (%)  Foreign investments (bln. USD)

CNPC

INVESTMENT COOPERATION BETWEEN UZBEKISTAN AND INDIA ExportImport

MINI-TECHNOLOGIES & EQUIPMENT FOR SMES

Refrigerators and air conditioners – 1 mln. units Refrigerators and air conditioners – 1 mln. units Washing machines and vacuum cleaners – 600 thsd. units Washing machines and vacuum cleaners – 600 thsd. units Microwaves – 300 thsd. units Microwaves – 300 thsd. units Lamps – 500 mln. units Lamps – 500 mln. units

Textile companies in Uzbekistan: - Cotton fiber production – 1,2 mln. tons - Domestic processing only 30% of cotton fiber - Yarn production - more than 360 ths. tons - 50% discount from world cotton price - Only CIS textile market is 6,0 bln. USD - FTA within CIS countries

Sanitary ware Glazed tile Stone tile Ashlar Parquet ceramic tiles - 10 mln. sq. m sanitary ware - more than 160 thsd. units Annual domestic needs in

Production of demanded chemical products in Central Asia Annual regional demand for soap – 130 thsd. tons, detergents – 300 thsd. tons

injections – 300 mln. ampoules infusions – 50 mln. flasks biopharmaceuticals – 500 thsd. packs anticeptics – 100 thsd. flasks antibiotics – 50 mln. flasks uncture – 1 bln. packs suture – 500 thsd. r.m. syringes – 200 mln. units

Annual production potential of fruits and vegetables is 10 mln. tn Proposals for cooperation: Storage, freezing, processing, production and packaging of agriculture products, beverages and confectionery.

The FIEZ residents are exempted from: Land tax Property tax Profit (income) tax Unified tax (for SMEs) Obligatory payments to the Republican Road Fund Republican Fund of Elementary and Secondary Education Registered enterprises for the whole period of FIEZ functioning to produce export goods are exempted from customs duties for imported: equipment raw materials production components

Construction of new world-class hotels Construction of new world-class hotels Construction of motels and camping’s recreation units along automobile roads Construction of motels and camping’s recreation units along automobile roads Establishment of joint travel agencies Establishment of joint travel agencies Management of existing hotels in Samarqand, Urgench, Tashkent Management of existing hotels in Samarqand, Urgench, Tashkent Tourists exchange Tourists exchange Largest tourist potential among the countries of Central Asia Medical and health tourism Ecological and sports tourism Proposals for cooperation

.THANK YOU!