Uzbekistan continues to strengthen its investment momentum: the total volume of utilized investments reached $43.1 billion in 2025, marking a 24% increase compared to the previous year. A significant share was represented by $38.2 billion in foreign direct investment, along with $4.9 billion from international financial institutions, according to the Uzbek Ministry of Investment, Industry
From January to November 2025, Uzbekistan’s exports totaled $30.9 billion, a 26.2% increase compared to the same period the previous year, Dunyo information agency reported citing data from the National Statistics Committee. The top 10 export destinations of Uzbekistan were: Russia ($4 billion), China ($1.9 billion), Afghanistan ($1.3 billion), Kazakhstan ($1.3 billion), Turkey ($1 billion),
Kyrgyzstan’s non-observed (shadow) economy, excluding the agricultural sector, accounted for 19.5% of GDP in 2024, marking a 0.3% increase from 2023’s 19.2% but a 0.7% decrease from 2022’s 20.2%, according to the latest data from the National Statistical Committee. The Committee reports a steady decline in the shadow economy’s share of GDP over recent years, estimated
The European Bank for Reconstruction and Development (EBRD) says it is helping to meet growing demand for industrial infrastructure in the renewable energy and logistics sectors in Kazakhstan and across Central Asia by supporting the operations of Sarens Kazakhstan. The EBRD’s loan of up to €25 million (in KZT equivalent) to Sarens Kazakhstan, a fully owned
For the first time ever, pomegranates, quinces, and persimmons from Uzbekistan have been exported to the United Kingdom as part of the latest shipment of Uzbek agricultural products, official information agency Dunyo reported. A total of three tons of produce was delivered via Uzbekistan Airways on the Tashkent-London route late in December. The exporter responsible
In his New Year’s greetings to the people of Uzbekistan, President Shavkat Mirziyoyev declared 2026 the “Year of Development of the Mahalla and Society.” In Uzbekistan, mahalla means a neighborhood or local community and is a key part of civil society. Mirziyoyev stated that in the new year, “we will improve the infrastructure of thousands
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
