Home / Current Affairs / Fund for Support of Exports of Small Businesses and Private Enterprises of Uzbekistan is getting prepared to open its representative office in China in the near future

Fund for Support of Exports of Small Businesses and Private Enterprises of Uzbekistan is getting prepared to open its representative office in China in the near future

This step ranks among the most important areas of the Action Strategy, and is aimed at promoting products of small-scale economic entities in foreign markets.
Specialists of the Fund have already held negotiations with representatives of the Chamber of Importers of Weihai City and ShinDaDong Company, where the Chinese side expressed a special interest in importing food products produced in Uzbekistan.
“Today, the Fund runs its representative offices in Russia, South Korea, Italy, Bulgaria, Switzerland, Germany and Spain. Aiming to expand the map of exports of small and private businesses of Uzbekistan, the Fund intends to open representative offices in Latvia, Singapore, Portugal, Czech Republic, Luxembourg, Poland, the UK, Kuwait and other countries in the near future,” its press service reported.
Major functions of FSESBPE representative offices abroad include the conduct of market research, search for potential importers of domestic products, promotion of our brands in foreign markets, assistance to Uzbek entrepreneurs with participation in exhibitions, fairs, tenders and other events.
In addition, they organize visits of foreign importers to our country for negotiations with local suppliers of products, assist in obtaining international certificates, licenses and other permits, as well as organize foreign internships for specialists of Uzbek industrial enterprises.
This March, a Fund’s representative in Dresden, Germany, initiated an event on trade, economic and investment capacity of Uzbekistan. It was organized by the Economic Development Agency of Saxony, Commerzbank, and other German organizations.
The guests were detailed on trade and economic potential of Uzbekistan, the conditions for doing business, on the activities of the fund and its services that are aimed at increasing export capacity of small and private business entities and full support for their export activities, as well as on the opportunities of supplies of Uzbek products to the German market.
German companies expressed interest in FSESBPE activities and pre-export financing services for small businesses, assistance to entrepreneurs with participation in exhibitions and fairs abroad and with the implementation of projects aimed at the manufacture of export-oriented products.
The FSESBPE Representative Office in Germany and the German company Orchidee Europe BVBA reached an agreement on the distribution of domestic textile products in an annual volume of $10 million.
The last year’s visit of the delegation of South Korea’s largest retail company Lotte Mart to Uzbekistan is another good example of effective operation of FSESBPE representative offices abroad. They hosted meetings in interested organizations and visited the companies engaged in the textile and food industry, as well as alcohol production.
The business relations established during the last visit have brought fruits: a Bofanda textile company is exporting its textile products in Lotte Mart as early as this year. To enable the supplies, the Fund has provided pre-export financing to Bofanda in the form of an interest-free financial loan for the purchase and manufacture of finished textile products, as well as exports to the Republic of Korea.
This suggests that FSESBPE representative offices abroad support export initiatives of domestic business entities.
Education Novelties in Uzbekistan
Admission commissions will start their work in higher education institutions of Uzbekistan. The total quota for enrolling with undergraduate courses in 2017 is 66,316 students, 8.4 thousand more than last year. At the same time, a new concept has been introduced – an additional admission of those wishing on enlarged tuition fee rates.
In accordance with the Strategy of Actions, extensive efforts have been in progress to improve the system of higher education in terms of updating the training of personnel to cater to the needs of the economy’s sectors. Representatives of the Ministry of Higher and Secondary Special Education and heads of universities spoke about these and other innovations during the regular meeting of the International Press Club with journalists.
The total quota for admission to the baccalaureate in this year increased by 8.4 thousand places and this is due to the needs for the staff in the sectors of the economy. However, this year the universities will accept more than the total quota set, that is, over 66,316 people. This will be derived from the introduction of an additional reception at higher contract rates.
“Many people think that with this innovation the universities will accept all comers”, said the head of the department of higher educational institutions of the Ministry of Higher and Secondary Special Education, Barno Rajabova. “However, it is not like this. In introducing an additional set of higher rates, universities will decide according their capabilities: the availability of teachers, places in classrooms, student dormitories. To enter the higher education institution under these conditions will be possible only on competition. This innovation is made in order to provide more ambitious young people with the opportunity to receive higher education, while higher education institutions should enhance their financial and material position and effectively use available resources. Concrete numbers of admission under these terms are being clarified. At the same time, the restrictions were set to ensure the quality for training of specialists. Additional admission at higher contract rates is strictly in accordance with the queue of entrants who do not get a passing score (at least 68), taking into account their ability to pay the contract amount at higher rates.
By the presidential decree, it was adopted the proposals of the Ministries of Economics and Higher and Secondary Special Education of the Republic of Uzbekistan which was agreed with interested government agencies on the transformation of one university and the establishment of branches of two metropolitan universities.
Based on the needs of the branches of the economy this year, the Namangan Engineering and Pedagogical Institute was transformed into the Namangan Engineering and Construction Institute. Now this university fully focuses on training a specialty in construction. Namangan State University will continue preparing the teachers in this region.
This year in Termez, branches of two metropolitan universities – Tashkent State Technical University and Tashkent State Agrarian University – launch their work. Until today, only one university has been functioned in the region – Termez State University, which was specialized mainly in the training of pedagogical personnel. By the way, already for many years Termez State University is not inferior to other higher educational institutions both in terms of the number of applicants and a high competition among them. The creation of the branches will not only allow a greater number of young people to achieve their dream of obtaining higher education, but also give impetus to the advancement of the main branches of the region’s economy through the further training.
“The opening of the branch of our university in the south of the country is a necessity conditioned by the development of the regions’ economy”, said rector of the Islam Karimov Tashkent State Technical University Sadriddin Turabjanov. “There is an active development of industry in this area, and the training of specialists for new enterprises is necessary for both employers and students”.
Journalists were interested in new directions and specialties opened this year.
New specialties in the Tashkent Institute of Design, Construction and Maintenance of Roads are more than others. This year, here in the bachelor’s program, training of specialists will begin in such areas of education, as “Operation of road transport, road construction machines and equipment”, “Roads and streets of cities”, “Transport logistics (road transport)”. And the magistracy will prepare the personnel for the specialties “Operation of vehicles and road construction equipment”, “Design and construction of highways”, “Transport logistics”, “Construction of bridges, tunnels and overpasses”, “Roads and streets of cities”.
Several new directions of bachelor’s degree were opened this year in other universities of the country. Thus, the direction “Corporate finance” appeared in the Tashkent Financial Institute, “Meliorative Hydrogeology” in the Tashkent Institute of Irrigation and Mechanization of Agriculture.
The traditionally popular question about the possibility of obtaining correspondence education in domestic universities was in the center of attention. On this issue, the adjustments were made in the needs of enterprises and industries. In particular, there will be no recruitment in the Kungrad branch of the Tashkent Chemical Technology Institute which is focused on training the specialists for the local soda plant and the Ustyurt geochemical complex. At the same time, the need to increase the number of specialists with higher education in railway transport and in mining industry led to the opening of special correspondence departments at the Tashkent Institute of Railway Transport Engineers and the Navoi State Mining Institute. As in previous years, a reception was announced for a special correspondence department of the Tashkent University of Information Technologies which is focused on training the specialists for television.
Zulfiqor Musoqov, a well-known filmmaker, is getting ready to shoot another motion picture about the Second World War, involving foreign actors in addition to Uzbek ones
During the discussion of the script of the film on the arts council, the director announced that, according to plans, Konstantin Rotov from Germany will be cast in the role of Hitler. At the same time, Musoqov has not yet fully determined the entire cast of his military epic.
“The flick touches on the period beginning in 1930, and also in 1939, 1942. The acting characters in the film are Stalin, Hitler, Churchill, Hess, Ribbentrop, Molotov and our Uzbek heroes,” Musoqov said. “This is a great epic picture.”
In general, it will be devoted to Uzbekistan’s contribution to the great victory and will be released on the country’s screens by the end of this year.

13.06.2017
Embassy of the Republic of Uzbekistan,
Islamabad

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