Uzbekistan eyes Europe-China air freight market

26.05.2020

Uzbekistan’s President Shavkat Mirzioyev has instructed the government to enter the Europe-China air cargo market to overcome the consequences of the COVID-19 pandemic.

The president tasked the ministry of transport to develop a business model for Uzbekistan Airways and Uzbekistan Airports, as well as the development of rail and road transportation, according to the press service.

Mirziyoyev also discussed with government officials about the issues of transferring the management of Uzbekistan Airways to a foreign company, attracting new air carriers and modernizing airports in the country, according to the press service.

Uzbekistan’s transport companies have suffered a loss of over 33 million U.S. dollars due to the pandemic, and the figure is likely to increase, the press service said, adding that Uzbekistan Airways and Uzbekistan Airports were already given loan extension and tax benefits worth of millions of dollars.

Analytics on topic
Article
31.01.2025
State infrastructure development policy: Investment and priority projects in 2024

Responding to a request from the Roscongress Foundation, Alexander Khodachek drafted an expert opinion to sum up the outcomes of a session titled Not Just Construction: Infrastructure Development as an Economic Growth Driver. It took place during the 2024 St Petersburg International Economic Forum (SPIEF).

Source: Roscongress
Report
21.09.2020
Report
21.09.2020
The Coronavirus and Its Consequences: Industry in Crisis Mode

The crisis has demonstrated how essential the logistics industry really is. The impact on logistics companies has varied depending on the types of goods they transport and which industries they serve