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MAY 9 — DAY OF MEMORY AND HONOR
One of the most sacred feelings in the human heart is memory. Memory encourages people to understand their identity, learn lessons from the past, and appreciate today’s peaceful and tranquil life.The Day of Memory and Honor is a day to remember the courage of our ancestors who sacrificed their lives for the freedom of the Motherland, the peace of the people, and the happiness of future generations. It is also a day to express respect and gratitude to our elders, veterans, and individuals who have become role models through their dedicated work.Today’s prosperous life, peaceful skies, and calm days are founded upon courage, resilience, patience, and devotion. Therefore, honoring the memory of those who passed away and valuing those who are with us today is not only a tradition, but also a sacred human duty for all of us.Competition Policy and Consumer Rights Research Center under the Competition Promotion and Consumer Protection Committee of the Republic of Uzbekistan sincerely congratulates our people on the occasion of May 9 — the Day of Memory and Honor!May our country always remain peaceful, our skies clear, and our people united and prosperous! |Telegram |facebook|instagram|
Analysis of the Welding Fittings Market Conducted
Competition Policy and Consumer Rights Research Center under the Competition Promotion and Consumer Protection Committee of the Republic of Uzbekistan conducted a study of the competitive environment in the welding fittings market and assessed the level of domestic market saturation with locally manufactured products. According to the analysis results:Import situation: In 2024, 163 companies imported welding fittings from 12 countries with a total value of USD 14 million (5.3 thousand tons).Main share of imports: the top 5 importing companies accounted for 59% of total imports.China — 52%Russia — 22%Iran — 15%Other countries — 11% Domestic production: In 2024, 16 companies produced welding fittings worth a total of UZS 62 billion (717 tons). Market saturation level: The level of domestic market saturation with locally manufactured products amounted to 11.9%. It should be noted that a market is considered saturated when this indicator exceeds 80%. Conclusion: The share of domestic production in the welding fittings market remains insufficiently developed, and the market is not yet fully saturated. At the same time, strong domestic demand indicates significant opportunities for expanding production capacities and implementing new investment projects. |Telegram |facebook|instagram|
New Cooperation in Improving Econometric Analysis
Today, the President of the Academy of Sciences of the Republic of Uzbekistan, Academician Sh.A. Ayupov, and the Director of the Competition Policy and Consumer Rights Research Center under the Competition Committee, O.S. Jumaev, discussed issues related to the development of scientific and practical cooperation. During the meeting, particular attention was paid to the use of modern scientific approaches, improving the quality of data analysis, and expanding the analytical capabilities of the parties. In particular, together with the V.I. Romanovskiy Institute of Mathematics of the Academy of Sciences of the Republic of Uzbekistan, practical areas of cooperation were identified for determining the factors affecting domestic market prices and forecasting future price trends. At the conclusion of the meeting, the parties agreed to jointly conduct fundamental scientific and practical research using econometric tools, artificial intelligence technologies, and mathematical modeling methods in sectoral analytical studies. |Telegram |facebook|instagram|
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