Development Bank of Kazakhstan JSC announced the launch of a $1 billion program for financing projects for the extraction and processing of rare, rare earth, and critical materials for 2025–2030. The new program is designed to become a tool for implementing projects in the mining and metallurgical industry in the field of processing rare earth
As part of the official visit of the President of Finland, Alexander Stubb, to Uzbekistan, the Uzbekistan–Finland Business Forum was held in Tashkent. During the forum, a Memorandum of Understanding was signed between the Ministry of Ecology, Environmental Protection and Climate Change of Uzbekistan and the Finnish company EPSE Oy on “Cooperation in Establishing the
The President of Finland Alexander Stubb paid an official visit to Uzbekistan on October 31. The President of Uzbekistan Shavkat Mirziyoyev and Alexander Stubb discussed prospects for further strengthening the multifaceted Uzbek-Finnish partnership, primarily in the political, trade and economic, investment and humanitarian spheres. The dynamic development of political dialogue and exchanges at various levels,
The beginning of November marked a moment of unity, inspiration, and tangible results for the Food and Agriculture Organization of the United Nations (FAO) in Tajikistan — as Dushanbe hosted a large-scale event titled “Hand-in-Hand,” bringing together more than fifty of the organization’s partners under one roof. Among the attendees were representatives of government institutions, international
“Kazakhstan remains an open and predictable country for long-term investments. Building a relationship of trust with investors is an integral part of our investment policy,” Prime Minister of Kazakhstan Olzhas Bektenov stated at the VIII Kazakhstan Global Investment Roundtable (KGIR-2025) on October 31. The forum brought together more than 1,000 participants from over 50 countries,
A new shelter for survivors of gender-based violence (GBV) was opened on October 31 in Fergana, marking a significant step in expanding protection and support services for women and girls in one of Uzbekistan’s most densely populated regions with high reported rates of GBV, UNDP Uzbekistan reported. The shelter was constructed by the United Nations
On October 30, the President of Uzbekistan Shavkat Mirziyoyev took part in the opening ceremony of the 43rd session of the General Conference of the United Nations Educational, Scientific and Cultural Organization (UNESCO), held in the city of Samarkand. Mirziyoyev expressed deep gratitude to President of Serbia Aleksandar Vučić, President of Slovakia Peter Pellegrini, UNESCO
The Kazakh-Afghan Business Forum took place in Shymkent this week, where 15 documents worth a total of $303 million were signed. The forum brought together business and government representatives from both countries and was organized with the support of the Kazakh government. Opening the event, Kazakh Deputy Prime Minister Serik Zhumangarin noted the importance of
The Central Asia Higher School of Business, a joint project of the Central Asia Capital investment fund and the Russian Presidential Academy of National Economy and Public Administration, has opened in Bishkek. According to Central Asia Capital, this is the first internationally recognized MBA program in Central Asia, tailored to the realities of the CIS
In the United Kingdom, Israeli writer Boris Guberman has released a new book titled SOCIO-ECONOMIC FORMATIONS AND ASSOCIATED MARKETS / КОНЦЕПЦИЯ: ОБЩЕСТВЕННО-ЭКОНОМИЧЕСКИЕ ФОРМАЦИИ И СОПУТСТВУЮЩИЕ ИМ РЫНКИ. The book was published in a bilingual format, with both Russian and English versions under one cover. At the core of the work lies the author’s original perspective
The Asian Development Bank (ADB), together with ACWA Power Company, Sumitomo Corporation, Chubu Electric Power Co. Inc., and Shikoku Electric Power Co. Inc., has signed a landmark financing package to build two utility-scale solar power plants with battery energy storage systems (BESS) in Uzbekistan. The Samarkand 1 and 2 Solar PV and BESS Projects will be developed across the
On October 27–28, a delegation of Uzbekistan led by Deputy Prime Minister Jamshid Khodjaev paid a working visit to Saudi Arabia aimed at deepening investment and industrial cooperation. During meetings with the Minister of Investment of Saudi Arabia, Khalid Al-Falih, and senior executives of leading Saudi companies, the parties discussed prospects for expanding collaboration in
On October 29, Prime Minister of Kazakhstan Olzhas Bektenov held a meeting with the Special Representative of the President of the United States for South and Central Asia Sergio Gor and the First Deputy Secretary of State of the United States Christopher Landau, who arrived in Kazakhstan on an official visit. According to Bektenov, the
Kyrgyzstan now has its own gold storage facility that meets international standards and can hold up to a thousand tons of gold. Previously, the state had to store its gold reserves abroad. This was announced by President Sadyr Japarov at the opening ceremony of the new building of the National Bank of the Kyrgyz Republic
At the initiative of the President, Uzbekistan has identified key measures to advance the development of green energy, increase the share of renewable energy sources (RES), and reduce harmful emissions into the atmosphere. In line with these objectives, large-scale work is being carried out in the country. According to the Ministry of Ecology, Environmental Protection
On October 28, the President of Serbia Aleksandar Vučić arrived in Uzbekistan with an official visit. President of Uzbekistan Shavkat Mirziyoyev and Vučić held negotiations in Tashkent to discuss prospects for further strengthening practical cooperation between Uzbekistan and Serbia. “Your official visit in the year of the 30th anniversary of the establishment of diplomatic relations
On October 28, the Kazakhstan-Finland Business Forum was held in Astana with the participation of the President of Kazakhstan Kassym-Jomart Tokayev and the President of Finland Alexander Stubb. The forum served as an important platform to strengthen economic ties and explore new areas of industrial and investment cooperation between the two countries. In his speech,
China’s Hunan Junxin Environmental Protection Co. Ltd. has launched the construction of a solid municipal waste processing plant in Karakol, the main city of Kyrgyzstan’s Issyk-Kul region. This is Hunan Junxin’s third waste-to-energy project in Kyrgyzstan, following similar projects in Bishkek and Osh. At the construction launch ceremony in Karakol on October 25, Chairman of
Armenia on October 27 allowed Azerbaijani trucks traveling to Türkiye to cross its territory for the first time, marking a significant step toward easing decades of hostility between the two neighbors, Daily Sabah reported. Armenia has also invited Azerbaijani President Ilham Aliyev to the 2026 European Political Community summit in Yerevan. According to local media
A trade and economic mission from Kazakhstan, organized by the Ministry of Trade and Integration of Kazakhstan and QazTrade JSC, took place in Tashkent last week. Currently, 876 Kazakh enterprises operate in Uzbekistan, accounting for approximately $500 million in trade turnover across 270 categories. The mission included Kazakh companies representing construction materials, food and light
