Deputy Minister of Foreign Affairs of Kazakhstan Alibek Kuantyrov and Deputy Chairman of the Management Board of Kazakh Invest National Company JSC Madiyar Sultanbek on December 30 held a working meeting with Xu Jie, General Director of Xinjiang Lihua (Group) Co., Ltd., according to the Kazakh Foreign Ministry. During the meeting, the parties discussed the
The Eurasian Development Bank (EDB) has released a new report, entitled “China and the Eurasian Region: Analysis of Investment Flows based on EDB Monitoring of Mutual Investments”. The report provides detailed information on mutual foreign direct investments (FDI) between China and 13 countries of the Eurasian region (Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Mongolia,
Mobile services are becoming a key channel for accessing public services: since the beginning of 2025, Kazakhstani citizens have received more than 51.5 million services online, almost half of which were delivered via the eGov Mobile application, according to the Ministry of Artificial Intelligence and Digital Development. As of today, around 90% of public services
On December 30, Uzbekistan President Shavkat Mirziyoyev inspected energy facilities under construction on the territory of New Tashkent, which is currently under construction. The modern trigeneration technology allows to simultaneously ensure the city with the heating and cooling, spending twice less energy than traditional sources. Production processes in traditional heating plants or cooling systems are
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has published the Asia-Pacific Trade and Investment Trends 2025/2026 report, focusing on foreign direct investment dynamics across countries in the region. According to the report, by the end of 2025 Kazakhstan became the largest recipient of investment in new (greenfield) projects in
The European Bank for Reconstruction and Development (EBRD) says it is helping micro, small and medium-sized enterprises (MSMEs) in Uzbekistan to improve their access to green finance and promote green innovation by providing fresh funds under its Uzbekistan Green Economy Financing Facility II (GEFF II Uzbekistan). An EBRD loan of up to US$30 million (€25.7 million) under
The Eurasian Development Bank (EDB) has presented its Macroeconomic Outlook for the Bank’s member states for 2026–2028. EDB analysts expect aggregate GDP growth across the seven member states to reach 2.3% in 2026, with most countries maintaining high levels of economic activity. In 2026, GDP growth is projected at 5.3% in Armenia, 1.8% in Belarus,
In his Address to the parliament and people of Uzbekistan on December 26, President Shavkat Mirziyoyev identified ensuring environmental balance, advancing green energy, and promoting the sustainable and rational use of water resources as a strategic priority for the nation. Reducing harmful emissions According to the President, in order to mitigate the environmental impact of
On December 26, President Shavkat Mirziyoyev addressed the Uzbek parliament and the people of Uzbekistan. According to the President, significant achievements have been made in all spheres in 2025. For the first time in the country’s history, gross domestic product exceeded $145 billion, exports increased by 23 percent, reaching $33.4 billion, and the gold reserves exceeded
The President of Uzbekistan has identified the doubling of the number of 4- and 5-star hotels by 2030 as one of the key objectives for the development of the tourism industry. As part of the implementation of this strategic goal, special attention is being paid to the development of modern hotel infrastructure in the regions.
The United Nations Development Programme (UNDP) in Kazakhstan, in partnership with JSC National Company Food Contract Corporation, has launched a long-term forward procurement mechanism for red lentils to support farmers and promote sustainable agricultural practices in Northern Kazakhstan, UNDP Kazakhstan reported. The initiative is implemented under UNDP’s project “Promoting a Sustainable Agricultural Production System and Conserving
The total forest area in Uzbekistan has now reached 4.7 million hectares. This is a result of the implementation of the “Uzbekistan–2030” Strategy, which, among other, includes measures to expand the area under forests and restore degraded lands across the country, according to the National Committee on Ecology and Climate Change. The expansion of forests
Aziz Abdukhakimov, Adviser to the President of Uzbekistan on environmental issues and Chairman of the National Committee on Ecology and Climate Change, held a series of meetings reviewing the implementation of projects for the incineration of municipal solid waste for electricity generation. According to the National Committee, the discussions were held with representatives of Chinese
Kazakhstan has marked 10 years of membership in the World Trade Organization (WTO). Over this period, the country’s exports increased from USD 46 billion to USD 82 billion, while foreign trade nearly doubled — from USD 76 billion to USD 142 billion. Kazakhstan’s gross domestic product grew by more than USD 100 billion during its
The International Fund for Agricultural Development (IFAD) and Bank Arvand have signed a grant agreement to invest approximately €445,000 in a new initiative empowering people in rural Tajikistan to transform remittance flows from relatives abroad into sustainable economic opportunities. The REMIT PRIME Central Asia Programme brings together IFAD, the European Union, and other lenders to increase access to remittances and build
The European Bank for Reconstruction and Development (EBRD) says it is providing a loan of up to €25 million to Orzax Central Asia – a newly established subsidiary of Orzax Türkiye – for the construction and operation of a greenfield food supplement production facility in the Turkestan region of Kazakhstan. The new facility will be Orzax Türkiye’s
The Asian Development Bank (ADB) and Eskhata Bank Open Joint Stock Company have signed agreements to strengthen access to green finance for Tajikistan’s micro, small, and medium-sized enterprises (MSMEs)—essential drivers of job creation and inclusive economic growth. Under the agreements, ADB will provide a local currency loan equivalent to $10 million to Eskhata Bank, boosting the bank’s
As a result of the official visit of Kazakhstan President Kassym-Jomart Tokayev to Japan and the Central Asia–Japan Business Forum on December 20, more than 60 documents were signed between Kazakh and Japanese business entities, totaling $3.72 billion, according to Kazakh Invest. Baiterek National Managing Holding JSC and Japan’s MUFG Bank, Ltd. signed a memorandum
As part of his official visit to Japan, President of Uzbekistan Shavkat Mirziyoyev on December 19 held a meeting with the heads of leading Japanese companies, financial institutions, and business associations. The event was attended by Japan’s Minister of Economy, Trade and Industry Ryosei Akazawa, as well as top managers of Sojitz, Sumitomo, Toyota, ITOCHU,
The World Bank’s Board of Executive Directors has approved a $100 million loan and a $5 million grant for Uzbekistan to implement the Access to Finance for Jobs and Growth Project (FINGROW). It will expand access to credit and private equity financing for capital-constrained micro, small, and medium enterprises (MSMEs). In Uzbekistan, MSMEs account for over
