The United Nations Development Programme (UNDP) and the Ministry of Economy and Finance of Uzbekistan on 27 March hosted the Closure Workshop of the joint project “Promoting Innovative Decarbonization Solutions through the Joint Crediting Mechanism and Demonstration of Decarbonization Potential of Public Buildings and Public Transport in Uzbekistan.” The initiative, financed by the Government of
On March 26, President of Uzbekistan Shavkat Mirziyoyev and President of Tajikistan Emomali Rahmon held talks in a narrow format in Tashkent, followed by the first meeting of the Supreme Interstate Council. The President of Uzbekistan noted that the state visit of the President of Tajikistan marks a landmark event and represents another important step
The first meeting of the Afghanistan–Uzbekistan Trade Council was held on 26 March at the Chamber of Commerce and Industry of Uzbekistan in Tashkent, with the participation of the heads of the chambers of commerce and council members from both countries, TOLOnews reported. According to the Afghanistan Chamber of Commerce and Investment, during the meeting,
On March 25, President Shavkat Mirziyoyev was briefed on the establishment of the Tashkent International Financial Center, the launch of the International Center for Digital Technologies, and the introduction of Islamic finance mechanisms into the banking system. “Many international companies, having assessed regional risks, have already begun exploring new markets. For us, this is a
On March 24, a Roadmap for cooperation in nuclear and related fields between Rosatom State Corporation and the Atomic Energy Agency under the Cabinet of Ministers of Uzbekistan was signed in Tashkent. An additional agreement to the contract for the construction of a nuclear power plant in Uzbekistan was also signed. The documents were signed
The United Nations Development Programme (UNDP), in partnership with the Ministry of Emergency Situations, has introduced an innovative technical solution aimed at expanding population coverage by Multi-Hazard Early Warning System for emergency situations, UNDP Uzbekistan has announced. As part of a pilot initiative, special alert broadcast devices have been installed in mosques located near populated
In recent years, the policy of the President of Uzbekistan, Shavkat Mirziyoyev, has been aimed at developing the tourism sector as one of the key drivers of the country’s economy. As part of ongoing reforms, visa procedures have been simplified, visa-free regimes have been expanded for citizens of many countries, transport and hotel infrastructure is
On March 23, President Shavkat Mirziyoyev reviewed a presentation on priority nationwide projects in the field of ecology and environmental protection for 2026–2030. The presentation outlined a range of initiatives aimed at improving air quality, expanding green spaces across cities and regions, enhancing environmental education and culture, and strengthening the scientific and practical foundations for
The World Bank’s Board of Executive Directors has approved a $200 million project to help Uzbekistan modernize transport infrastructure in the country’s Surkhandarya region. It will contribute to the creation of new jobs and businesses along a reconstructed section of the M41 regional road corridor. The project will also support the authorities in implementing comprehensive reforms
The Central Bank of Uzbekistan expects consumer lending growth to remain high (around 30%) in 2026, despite high interest rates. The main drivers of demand are rising household incomes and the realization of pent-up demand for mortgages, car loans, and microloans, Tashkent Today reported. According to the Central Bank, the volume of loans to individuals
The Eurasian Development Bank (EDB) has proposed a balanced “middle path” strategy that could provide a solid foundation for the modernization of Central Asia’s power sector. This approach would ensure reliable and affordable energy supply, significantly reduce the carbon footprint, and enable a smooth energy transition that benefits the region’s economy and meets climate commitments.
On March 23–24, the city of Samarkand will host the “Dishes of the East” festival for the first time. The event is organized to widely promote the rich traditions of Eastern cuisine, showcase its unique flavors and cooking culture at the international level, as well as to support the development of gastronomic tourism and increase
The European Bank for Reconstruction and Development (EBRD) says it is providing financing of up to US$ 15.4 million to Uzbekistan’s leading brewer, UzCarlsberg. The Bank’s third equity investment in the country since 2020 will help UzCarlsberg to expand its production capacity and increase the sustainability of the country’s food sector. The proceeds will be
A regional online service center of ZTE has been officially launched at IT Park Uzbekistan. The new center will deliver modern digital services and technical support to clients in Uzbekistan, Central Asia, and Europe, according to the Uzbek government’s website. The opening ceremony was attended by the Minister of Digital Technologies, Sherzod Shermatov, who noted
The European Union and the International alliance for the protection of heritage (ALIPH) have launched 29 cultural heritage projects across Central Asia to safeguard endangered tangible and intangible heritage from the impact of climate change, following a highly successful Call for Projects that elicited 233 applications. This initiative is co-funded for a total of EUR 1.5 million, wherein
Uzbekistan is a country in Central Asia that has undergone significant economic liberalization since President Shavkat Mirziyoyev took office in 2016. It is a doubly landlocked and a lower-middle-income country. The government’s “Uzbekistan 2030” strategy aims to achieve upper-middle income status by the end of the decade through private-sector development, foreign investment, diversification beyond commodities,
On March 17, the official opening ceremony of the Islamic Civilization Center in Uzbekistan took place with the participation of President Shavkat Mirziyoyev. The Islamic Civilization Center, in its grandeur and scale, is one of the largest complexes in the world for the study and popularization of history, culture, and Islamic civilization. It was built
Energy-efficient heat pumps developed by the Technopark industrial complex in Tashkent are undergoing practical testing for use in greenhouses for growing vegetables without traditional fuels, according to the Uzbek Ministry of Agriculture. To test the new technology, two innovative greenhouses were built at Technopark in January to grow tomato and cucumber seedlings. The experiment is
On March 16, President Shavkat Mirziyoyev took part in the launch ceremony of Copper Processing Plant No. 3 at the Almalyk Mining and Metallurgical Complex. This $2.7 billion project was implemented as part of the development program of the Yoshlik-1 deposit. The plant, capable of processing 60 million tons of ore and producing about 900,000
The World Bank says it has approved a $10.6 million grant to help Uzbekistan reduce leaks in its aging gas transmission system and recover valuable gas to power households and industry, boosting energy security, state revenues, and job creation. Uzbekistan’s gas infrastructure has deteriorated over time due to underinvestment in maintenance and repairs, leading to gas leaks