Uzbekistan moves forward to liberalize their economy

David Nealis in Tashkent Uzbekistan

Ceres Ltd works with several private firms and state agencies in Uzbekistan providing consulting to them in their desire to enter global capital markets. At Ceres we are interested in partnering with investment banks who would like to be involved in this process, if you have an interest in bringing Uzbek firms and state owned enterprises to global capital markets please contact us at info@ceres888.com

Uzbekistan is a nation rich in history as well as in commodities. Uzbekistan has recently started to liberalize their economy and the nation plans to be more involved with global capital markets.

Uzbek pottery

Uzbekistan is 7th in the world when it comes to mining gold, producing 80 tons of gold annually. They are ranked 10^th in the world for copper deposits, 12^th for uranium deposits but they are ranked 7^th in the world when it comes to uranium production.

The Uzbek national gas company, Uzbekneftegas, ranks 11th in the world in natural gas production with an annual output of 60 to 70 billion cubic metres (2.1–2.5 trillion cubic feet). The country has significant untapped reserves of oil and gas. It produces about 40,000 barrels of oil per day.

When it comes to agriculture about 17% of Uzbekistan’s GDP comes from agriculture, cotton being one of the most important crops grown in Uzbekistan.  

to learn more about Ceres Ltd please visit our website https://ceres888.com/

China-CIS nation’s trade reaches US$46 billion

David Nealis President of Ceres Ltd

China-CIS nation’s trade reaches US$46 billion

China's Ministry of Commerce has revealed that economic cooperation and trade between China and central Asian countries - Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan, and Tajikistan; accelerated to US$46 billion in 2012, 13.7% higher than a year earlier. The Ministry said China has become the largest trade partner of Kazakhstan and Turkmenistan, the second-largest trade partner of Uzbekistan and Kyrgyzstan, and the third-largest trade partner of Tajikistan. In the first eight months of this year, bilateral trade between China and central Asia totaled US$32.4 billion.

China spends US$50 billion to secure energy resources in three months

China spends US$50 billion to secure energy resources in three months

David Nealis President of Ceres Ltd

In the past three months, China has spent more than US$50 billion in energy and infrastructure deals, which

include agreements worth US$30 billion signed with Kazakhstan, US$15.5 billion in Uzbekistan and US$1.5 billon with Belarus.

China has been heavily investing in foreign energy projects as the country tries to address its growing local power demands.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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