A delegation from Uzbekistan, led by Minister of Investment, Industry, and Trade Laziz Kudratov, participated in the first meeting of the Joint Economic Committee, the “Uzbekistan Investment Potential Days” event with British business representatives, and several high-level meetings with executives of leading UK companies in London, the Uzbek government portal reported. During the Committee meeting,
A presentation of the book “Why Kyrgyzstan?” was held in Seoul on March 25 with the assistance of the Embassy of the Kyrgyz Republic in the Republic of Korea and the Secretariat of the Central Asia-Republic of Korea Forum. The book tells Korean readers about the beauty, culture and tourism potential of Kyrgyzstan. The event
As part of the AlmatyFair.ai exhibition, a signing ceremony was held on March 28 for an investment agreement between the Government of Kazakhstan and Singapore-based GK Hyperscale Ltd for the construction and operation of two hyperscale data centers. The agreement was signed by Kazakhstan’s Minister of Digital Development, Innovations, and Aerospace Industry, Zhaslan Madiyev, and
On March 31, a trilateral meeting was held between the President of Kyrgyzstan Sadyr Japarov, the President of Tajikistan Emomali Rahmon, and the President of Uzbekistan Shavkat Mirziyoyev in the Tajik city of Khujand. The presidents signed the Treaty between Kyrgyzstan, Tajikistan, and Uzbekistan on the junction point of the state borders of the three
On March 29, the Ministry of Investment, Industry and Trade of Uzbekistan held a briefing on the upcoming Tashkent International Investment Forum, one of the most significant international events in the country’s economic landscape. Minister of Investment, Industry and Trade Laziz Kudratov announced that the IV Tashkent International Investment Forum will take place from June
Kyrgyzstan has taken a significant step toward integrating human rights principles into its economic policies. At a high-level meeting on March 28 hosted by the Ministry of Economy and Commerce, government officials, business leaders, civil society representatives, and international partners came together to review progress on the Business and Human Rights Project, supported by the
The following article by Roger Holland, Founder & Managing Partner of a leading property advisory firm, published in the latest issue of OCA Magazine, provides an insight on Central Asia’s growing real estate market: For many, the housing and wider real estate markets have had a miserable year. Interest costs have increased alongside inflation of
According to the World Bank’s representative office in Uzbekistan, Tashkent recently hosted a presentation of the World Bank’s new report analyzing current migration trends, challenges, and opportunities in the Europe and Central Asia region. The report highlights that labor migration remains one of the key sources of income for millions of citizens in Central Asian
On March 27, Uzbekistan President Shavkat Mirziyoyev listened to a government report on the fulfillment of tasks aimed at the development of nuclear energy in the country. Over the past five years, due to the implementation of a number of major energy projects, electricity production in Uzbekistan has increased by 30 percent and reached 81.5
The European Union and the five Central Asian countries reaffirmed their strong political commitment to strengthening engagement and deepening cooperation during the 20th EU-Central Asia Ministerial meeting, chaired by the EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, on March 27 in Ashgabat. The Foreign Ministers of Tajikistan, Turkmenistan, and Uzbekistan, as well as Deputy
The Eurasian Development Bank (EDB) and the Ministry of Economy and Commerce of the Kyrgyz Republic have signed a technical assistance agreement to develop a pre-feasibility study for the Suusamyr-Kokomeren HPP Cascade Project. This agreement builds on the ongoing cooperation between the Bank and the Ministry under the Memorandum of Cooperation signed in December 2024.
The Afghan Ministry of Mines and Petroleum says that the largest investments in Afghanistan’s mining sector have been made by companies from Uzbekistan, China, Turkey, and Iran, TOLOnews reported. Hayatullah Afghan, spokesperson for the Ministry of Mines and Petroleum, stated that the total value of these investments is estimated at $8 billion. These companies have
The U.S. Embassy in Tashkent has announced the establishment of Honeywell Industrial Automation LLC, a new legal entity that marks a significant milestone in the United States’ commitment to mutually beneficial commercial ties with Uzbekistan. This expansion underscores the United States’ position as a business partner of choice and highlights American excellence in advanced industrial
Navruz originated in Central Asia and a number of Eastern countries in ancient times, when Zoroastrianism reigned here. Gradually, it acquired its own forms and outlines. It was enriched by new customs, rituals, and the experience of everyday life and it turned into a tradition. The answer to the question about the age of Navruz
Xinjiang Lihua (Group) Co., Ltd., one of the largest cotton-industry companies in China, is building a cotton-textile cluster in the Turan special economic zone in the Turkestan region of southern Kazakhstan. According to the Kazakh Ministry of Agriculture, the project is developing a full production cycle — from cotton cultivation to the production of finished
The World Bank has approved an additional financing of $11.45 million to support the Kyrgyz Republic’s efforts to improve the quality of primary health care services across the country. This funding will complement the ongoing Primary Health Care Quality Improvement Program, which is jointly supported by the World Bank, the German Development Bank (KfW), and the
The United Nations Development Programme (UNDP) and the U.S. Embassy in Turkmenistan jointly convened the Second Coordination Meeting of the Sustainable Economy and Finance (SEF) Working Group on March 20 in Ashgabat, UNDP Turkmenistan reported. The participants of the meeting, representing the Government of Turkmenistan and the country’s diplomatic community, were informed about the current
Cardiff University has announced the establishment of a new campus in Astana, Kazakhstan, set to open later this year. This milestone marks a significant step in the university’s ongoing global development and its commitment to delivering world-class education in Central Asia. According to the Kazakh Ministry of Science and Higher Education, Cardiff University Kazakhstan will
On March 22, in Baku, Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to Azerbaijan Maksat Mamytkanov took part in the ceremony of handing over 10 fire trucks provided by Azerbaijan free of charge. This step is aimed at strengthening the material and technical base of the Ministry of Emergency Situations of the Kyrgyz Republic
From March 14 to 20, the Uzbek Ministry of Investment, Industry, and Trade organized the second monitoring visit of the European Commission delegation to Uzbekistan as part of the GSP+ system. In April 2021, Uzbekistan was granted beneficiary status under the Generalized System of Preferences Plus (GSP+). This status allows the country to export more
