Monthly Archives: June 2018

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Uzbek president expands territory

According to Azer News, Uzbek President Shavkat Mirziyoyev signed a resolution “On measures to expand the activities of the Navoi free economic zone and the creation of small industrial zones in Navoi region”.

The territory of the Navoi free economic zone will be expanded by 81.4 hectares at the expense of buildings and structures in the city of Navoi, according to the document. The Uzbek head of state created four small industrial zones (SIZ) in Navoi region: Zarafshan city (0.8 hectares), Navoi city (1.2 hectares), Karmanin district (1.2 hectares) and Khatir district (35 hectares).

The state real estate on the territory of the Ministry of Economic Development is provided to business entities for 10 years with the subsequent transfer of ownership when implementing business plans, creating and maintaining jobs, timely paying all taxes and other mandatory payments.

Rent rates are minimal, based on the type of activity carried out on the leased area, without raising coefficients. The Fund for Reconstruction and Development of the Republic of Uzbekistan will open a credit line through commercial banks for $ 50 million to co-finance investment projects implemented in the SIZ.

Funds are allocated for the purchase of imported equipment and components. Loans can be repaid in sound at the exchange rate of the Central Bank on the date of payment. As many as 17 free economic zones currently operate in Uzbekistan. They implemented 69 projects for a total of $512 million. Three of them were created this year.

Ukraine to return Territory via diplomacy, says Kult Volker

According to Polygraph, on May 22, the Russian state media outlet RT published an op-ed by Finian Cunningham claiming that U.S. Special Envoy to Ukraine Kurt Volker went to Ukraine and told his hosts that the U.S. would lend military support to help retake the Russian-occupied territories in the Crimea and Donbas regions.

The Ukrainian NGO found that a number of other Russian state media outlets also reported on Volker’s visit, variously claiming he told Ukrainians to accept the loss of their territory or that Ukraine could not possibly retake the territory because Russia is “too strong.” showed how Volker’s quotes had been taken out of context, and quoted what he actually said:

“There’s no way the Ukrainians could take the territory back that’s already been taken by the Russians, the Russians are just too powerful. But the cost to Russia of further advancement is already increased and will continue to increase. And if that’s the case then you have to ask yourself if you’re sitting in Moscow, what are we getting out of this? We’re getting Russian casualties, soldiers being killed fighting in Ukraine, for what? That’s why I hope they will see there is no benefit for them but the price will continue to grow. So why not exchange this for something positive, such as lifting sanctions? This will be something positive on the Russian agenda with the rest of the international community,” Volker told the BBC in an interview, Mcdvoice feedback.

Volker told that Russian media had misrepresented what he had said during his visit to Ukraine. “What I was saying is that Ukraine cannot take back the territories by military force — it can regain them only through Russia agreeing to withdraw its forces and implement the Minsk agreements,” Volker wrote in an email.