On November 6 this year, under the leadership of Deputy Prime Minister of the Republic of Uzbekistan S. Umurzakov a videoconference meeting of the Government Commission on Foreign Trade, Investments, Local Industry Development and Technical Regulation was held. During the meeting the current indicators of investment and foreign trade activities, as well as measures to further stimulate investment attraction, industrial development and export potential expansion were discussed.

The meeting was attended by heads of ministries, agencies, industry associations, commercial banks, local authorities, so as diplomatic missions of the Republic of Uzbekistan abroad.

The progress of investment programs and implementation status of investment projects was considered in the context of industries and regions. It was announced that by the end of 10 months of this year, $6.8 billion dollars of foreign direct investments were realised. In total, 10,112 investment projects worth 75.5 trillion soums were commissioned, as a result of which 142.8 thousand new jobs were created. By the end of the year, it is planned to put into operation another 3,145 new investment projects, bringing the amount of FDI to $ 8.1 billion. In order to launch these projects in a timely manner and to provide their non-stop operation, the leadership of ministries, industry associations and local authorities were assigned to each of them, carrying out daily monitoring of the progress of implementation and arrange all possible support in solving emerging problematic issues.

The importance of providing comprehensive support measures to enterprises that do not operate at full capacity was noted, existing problems and were analysed and potential solutions were discussed. Responsible managers were instructed to develop and approve targeted "Roadmaps" that include specific measures to support producers to bring them to the declared design capacity.

The indicators of export activity were reviewed in the same way. It was noted that as of November 1 this year, the volume of exports is 30% higher than the same figure last year. Reports of heads of industry associations and local authorities on further measures to further increase exports to bring its volume up to planned indicators by the end of this year were heard. Instructions were given to provide assistance in developing schedules of export deliveries for each exporter enterprise with the indication of specific terms, volumes and customers of products, as well as to establish a mechanism of close interaction with exporters to promptly address emerging problem issues.

The need to take measures for continuous supply of gas and energy to producers and exporters was emphasized. Specific instructions were given to heads of commercial banks to provide financial support to enterprises. Particular attention was paid to the work of diplomatic missions of Uzbekistan abroad in terms of finding potential customers for domestic products, supporting the establishment of direct links between local producers and representatives of foreign business communities, as well as the rapid response to emerging issues related to the implementation of exports.

During the meeting, the heads of ministries, agencies, commercial banks, local authorities and diplomatic missions abroad reported on further work in the reviewed areas and received additional instructions for the quality and timely implementation of tasks.