Business & Economy UZB

Uzbekistan’s external debt is moderate and manageable at 26% of GDP

According to the Ministry of Investment, Industry and Trade of Uzbekistan, the country’s external debt as of October 1, 2025 totaled $75.4 billion. This includes $37.4 billion of government external debt and $38 billion of borrowings by private and state-owned enterprises without a government guarantee (corporate debt). According to international classifications, Uzbekistan’s government debt level

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International Affairs UZB

Chinese tourists increase travel to Uzbekistan during New Year holidays

According to data from the tourism online platform Qunar, the number of airline bookings from China to Uzbekistan doubled during the New Year holiday period, from 1 to 3 January, compared to the same period last year, reflecting a significant increase in the country’s appeal to Chinese travelers, the Tourism Committee of Uzbekistan reported citing

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Business & Economy UZB

EBRD supports domestic production of pharmaceuticals in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) says it is promoting further growth in domestic production of pharmaceutical products in Uzbekistan by supporting the operations of leading local manufacturer Nika Pharm.  Nika Pharm will use the EBRD loan of up to US$ 20 million to restructure its balance sheet and upgrade equipment and facilities in

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International Affairs UZB

Uzbekistan and UK strengthen cooperation in inclusive education

The Ambassador of Uzbekistan to the United Kingdom, Ravshan Usmanov, has met with Gosia Kwiatkowska, Director of the RIX Inclusive Research Centre at the University of East London, Dunyo information agency reports. The meeting addressed the establishment in Uzbekistan of teacher and specialist training programs in the field of inclusive education, as well as professional

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Business & Economy UZB

Poverty rate continues to decline in Uzbekistan

The Center for Economic Research and Reforms has released an analysis of poverty levels and household incomes in Uzbekistan for 2025, Dunyo official information agency reported. The analysis was prepared based on a study conducted by the National Statistics Committee of Uzbekistan in collaboration with the World Bank. According to the study, the poverty rate

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Business & Economy UZB

China and Russia are the largest investors in Uzbekistan 

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

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Business & Economy UZB

China is the largest exporter to Uzbekistan while Russia is the largest importer from Uzbekistan

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),

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International Affairs UZB

When intellectual property is stolen, reform becomes a choice — not a slogan

For more than twenty-five years, I have worked to build cultural bridges between Uzbekistan and the wider world. As a Returned Peace Corps Volunteer, a translator of Uzbek literature, and the founder of Suhbat LLC, I have dedicated a significant portion of my life to introducing Uzbek voices to English-speaking audiences. In 2019, that work

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Business & Economy UZB

Uzbekistan begins export of pomegranates, quinces and persimmons to Britain

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

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Business & Economy UZB

Uzbekistan declares 2026 the ‘Year of Development of the Mahalla and Society’

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

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Business & Economy KZ UZB

EDB report: Kazakhstan and Uzbekistan the largest recipients of Chinese investment in Central Asia

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,

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Business & Economy UZB

Uzbekistan: First energy capacities constructed in New Tashkent

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

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International Affairs UZB

Uzbekistan: Scientific partnership for land restoration and agricultural adaptation in Aral Sea region

The United Nations Development Programme (UNDP), in partnership with the Ministry of Agriculture of Uzbekistan, the Karakalpak Research Institute of Agriculture, and the Rice and Grain Association, convened an international roundtable on “Combating Soil Degradation in the Aral Sea Region and Adaptive Agriculture.” The event brought together leading agricultural experts from Uzbekistan and Russia, representing

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Business & Economy UZB

EBRD supports green lending in Uzbekistan

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

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Business & Economy KG KZ TJK UZB

EDB forecasts high economic growth for Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan

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,

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Business & Economy UZB

President outlines Uzbekistan’s environmental development priorities

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

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Business & Economy UZB

Uzbekistan president reviews economic results of 2025 and sets tasks for 2026

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

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Business & Economy UZB

New 5-star hotel opened in Nukus in Karakalpakstan

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.

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International Affairs UZB

Special issue of Visit Uzbekistan magazine published in China

A special issue of the Visit Uzbekistan magazine has been published in China in the Chinese language. The magazine was prepared by the Tourism Committee of Uzbekistan in cooperation with the Uzbek Embassy in Beijing. The purpose of this publication is to widely promote Uzbekistan’s tourism potential in China, introduce its rich cultural heritage and

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Business & Economy UZB

Forest area in Uzbekistan reaches 4.7 million hectares

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

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