Binance, one of the largest cryptocurrency exchanges globally, is gearing up to launch its services in Uzbekistan in collaboration with the licensed l...
Economics
Uzbekistan’s economy grew by 6.5% in 2024, reaching a GDP of $115 bn, with foreign investment increasing 1.6 times to $34.9 bn, highlighting the succe...
On January 16, 2025, the Uzbek-Chinese Business Forum held in Tashkent marked a major step forward in strengthening economic ties between Uzbekistan a...
Iran and Tajikistan signed 23 cooperation agreements during Iranian President Masoud Pezeshkian’s state visit to Dushanbe on January 16, 2025, coverin...
At his Senate confirmation hearing, Marco Rubio emphasized the importance of strengthening U.S. ties with Central Asia through trade normalization, en...
The project’s initial phase will include a terminal with a capacity of 570,000 tonnes per year, with future expansion planned to reach 1.5 mn tonnes a...
Central Asia, long overshadowed by its oil-rich neighbors, is emerging as a growing economic hub strategically positioned between the Middle East and
“Currently, the TAPI project is progressing as planned. To date, 2.9 kilometers of the pipeline have been constructed and welded, and approximately 3....
Tashkent-East Airport will be the first in Uzbekistan to introduce air taxi, VIP taxi, and other premium Fixed Base Operator (FBO) services.
The memorandum outlines several key areas of cooperation. These include efforts to combat counterfeit agricultural products, protect intellectual prop...
The 15 agreements span a range of strategic sectors, including renewable energy, healthcare, agriculture, infrastructure, transportation, and logistic...
Uzbekistan plans to streamline cargo transit by simplifying trade routes and reducing or eliminating border tariffs. To boost domestic freight service...
The sector also aims to attract $600 mn in investments in 2025 and in 2024, the industry produced goods worth UZS31 trillion and exported $1.3 bn wort...
The sanctions include two of Russia’s largest oil companies, Gazprom Neft and Surgutneftegas, as well as more than 180 vessels, dozens of oilfield ser...
Foreign investors hold stakes in 333 joint-stock companies (48.4%) but control only 4.6% of charter capital, valued at UZS 9.9 trillion ($76.3 mn).
E-commerce presents Central Asia with a powerful tool to drive economic inclusion, reduce poverty, and create jobs. By addressing systemic barriers an...
The year 2024 was a pivotal one for Uzbekistan’s economy, making a significant impact across various sectors. Experts have described it as a challengi...
The study was a collaborative effort between Feruz Shodmonov and Alexander Fomichev, a scientist from Russia.
Under the agreement, Centrum Aviation has committed to maintaining Uz-Koram Kompani’s core business for at least 10 years, adhering to license agreeme...
The clarification follows claims by some Pakistani media outlets alleging that Pakistan’s military had entered the Wakhan Corridor and taken control o...
The Angren Coal Deposit played a key role, producing over 5.5mn tons of coal.
This marks the lowest monthly growth for December in recent years. By comparison, the CPI rose by 1.24% in December 2023 and 1.5% in December 2020.
The initiative, set to run for three years, seeks to address immediate community needs while supporting long-term self-reliance.
Imports, driven by GDP growth of 5.5–6%, are expected to rise by 8–10% as well, largely due to increased demand for machinery, vehicles, petroleum pro...
One key change is the cancellation of compensation for expenses related to the delivery of goods abroad by air and rail transport starting in 2025
Central Asia’s integration efforts must go beyond symbolic summits to achieve tangible progress.
During the discussion, President Rahmon expressed satisfaction with the political relations between the two countries and highlighted the mutual trust...
The Islamic Emirate’s Ministry of Defense launched attacks on positions across the Durand Line on December 26 in response to reported Pakistani airstr...
Over the past two years, the Tajik government has allocated more than 9bn somonis (approximately $825mn) from the state budget to support the plant's
Uzbekistan, a land of opportunity with a burgeoning workforce, is attracting growing investor interest. Yueh Cho, Treasurer of the Chamber of Commerce...
He clarified that he does not believe the plane was intentionally shot down but emphasized the importance of accountability.
Among the key provisions is a fine of approximately $230 for women wearing the niqab in public places and government buildings.
Football Association of Uzbekistan president stated that the establishment of the Futsal Federation aims to advance futsal after the national team’s p...
The external debt comprises both public and private debt, with the public external debt amounting to $32.5bn and private external debt standing at $27...
According to the report, the group constructed a 450-meter tunnel to facilitate the illicit transportation of fuel.
The head of the Federal Air Transport Agency, Dmitry Yadrov, has confirmed Russia's readiness to assist in the investigation of the Embraer plane cras...
Additionally, Uzbekistan and Belarus recently adopted a program to remove technical barriers in mutual trade.
Hungary also expressed its readiness to host a delegation from Uzbekistan early next year to further discuss the details of the agreement.
President Rahmon highlighted the strategic partnership between the two countries, expressing satisfaction with the progress in various areas of cooper...
Under the new framework, 100% of revenues from turnover tax, property tax of legal entities, land tax from legal entities, and income from leasing sta...
The number of foreigners visiting Uzbekistan for business purposes rose to 165,000, almost tripling from last year.
Additionally, the leaders will consider their countries' joint activities within the Commonwealth of Independent States (CIS). Russia is currently cha...
Both sides explored opportunities to expand their partnership in new areas, considering Turkmenistan's economic development programs, ongoing industri...
The Roghun HPP Development Program is intended to bolster Tajikistan's energy independence and contribute to its sustainable economic growth.
On the country’s governance, al-Sharaa dismissed comparisons between Syria and Afghanistan, emphasizing differences in traditions and governance appro...
Mirziyoyev highlighted the progress made in the accession process, noting that agreements had been reached with major countries such as the United Sta...
Ipoteka Bank OTP Group has strengthened its presence in Uzbekistan’s energy sector with a $60mn loan agreement with Uzbekneftegaz. The three-year work...
This initiative builds on ADB's existing advisory services for the development of 100 preschools in the Samarkand region.