Business & Economy Eurasia KG KZ TJK TKM UZB

EDB proposes ‘middle path’ for Central Asia’s power sector modernization

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.

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International Affairs UZB

Samarkand to host ‘Dishes of the East’ festival

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

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Business & Economy UZB

EBRD provides $15.4 million to support expansion of Uzbekistan’s leading brewer

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

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Business & Economy UZB

China’s ZTE launches regional online service center at IT Park Uzbekistan

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

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International Affairs KG KZ TJK TKM UZB

EU and ALIPH launch nearly 30 projects to protect cultural heritage in Central Asia

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

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Business & Economy UZB

Uzbekistan Country Report (March 2026)

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,

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International Affairs UZB

Islamic Civilization Center in Uzbekistan officially opens in Tashkent

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

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Business & Economy UZB

Uzbekistan tests innovative, energy-efficient greenhouses to help reduce air pollution

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

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Business & Economy UZB

Uzbekistan launches first stage of new copper processing plant

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

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Business & Economy UZB

Uzbekistan improves gas network with World Bank support

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

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Business & Economy UZB

Roundtable with Turkish business community held at Uzbek Ministry of Investment, Industry and Trade

On March 13, a roundtable meeting chaired by the Minister of Investment, Industry and Trade of Uzbekistan, Laziz Kudratov, was held with more than 20 representatives of the Turkish business community in the country. According to the Ministry of Investment, Industry and Trade, the main purpose of the meeting was to discuss issues arising in

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International Affairs UZB

Uzbekistan’s Islamic Civilization Center featured in Condé Nast Traveler

One of the world’s leading magazines specializing in travel and culture, Condé Nast Traveler, included the city of Tashkent and the Islamic Civilization Center in Uzbekistan in its list of the best destinations to visit in June in the article titled “The Best Places to Visit in June, From Route 66 to Uzbekistan,” the Center reported on

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Business & Economy UZB

Uzbekistan to strengthen fight against cybercrime

On March 12, President Shavkat Mirziyoyev listened to proposals to strengthen the fight against cybercrime and to enhance the prevention of offenses committed using information technologies. Today, the number of internet users in Uzbekistan has exceeded 31 million, including 14 million active social media users. At the same time, cases of the internet and social

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Business & Economy UZB

Tashkent has a shortage of green spaces

As of March 2026, Uzbekistan’s capital Tashkent has approximately 2 square meters of green space per each resident, well below the normal of 17–19 square meters. The capital’s green and recreational spaces span 893 hectares. To address this issue, authorities plan to create nine new public spaces with a total area of ​​140 hectares, Tashkent

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International Affairs UZB

Uzbekistan and Japan expand environmental cooperation

An Uzbek–Japanese Environmental Business Forum titled “Promoting Sustainable Development through Bilateral Cooperation in Uzbekistan” was held in Tashkent on March 11. The event aimed to strengthen cooperation between Uzbekistan and Japan in the fields of environmental protection, sustainable infrastructure and green technologies, according to the Uzbek National Committee on Ecology and Climate Change. During the

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International Affairs UZB

U.S. has deported over 1,000 illegal Uzbek immigrants

On March 11, the United States concluded a deportation flight to Uzbekistan, returning 72 Uzbekistani nationals who do not have legal authorization to remain in the United States, the U.S. Embassy in Uzbekistan said in a press release. This flight is the latest in a series of ongoing actions as the United States secures its borders. Since

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International Affairs KZ UZB

Uzbekistan and Kazakhstan discuss environmental cooperation

Aziz Abdukhakimov, Adviser to the President of Uzbekistan on Environmental Issues and Chairman of the National Committee on Ecology and Climate Change, held a videoconference with Yerlan Nysanbayev, Minister of Ecology and Natural Resources of Kazakhstan, as well as an in-person meeting with Beibut Atamkulov, Kazakh Ambassador to Uzbekistan, to discuss Uzbek-Kazakh cooperation in the

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International Affairs UZB

Uzbekistan to simplify tax-free refunds for foreigners

Starting April 1, 2026, the minimum purchase amount for receiving a value-added tax (VAT) refund for foreign citizens in Uzbekistan will be lowered from 1 million soums ($82) to 300,000 soums ($25), according to a presidential decree of March 5, Fergana News Agency reported. The Tax Free system—a partial VAT refund for foreign citizens purchasing

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International Affairs UZB

Uzbekistan: IFAD, EU and Hamkorbank to transform remittances into rural business opportunities

The International Fund for Agricultural Development, the European Union, and Hamkorbank, launched a landmark program to boost rural entrepreneurship and expand financial inclusion targeting nearly 4,000 remittance-receiving households and returnees — migrant workers that came back to their place of origin — in Uzbekistan, the Delegation of the European Union to Uzbekistan reported. Through a

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Business & Economy KZ UZB

How incomes in Uzbekistan and Kazakhstan have grown over the past 25 years

A comparative analysis of income dynamics in the two largest economies of Central Asia—Kazakhstan and Uzbekistan—over the past 25 years has revealed a paradox: while figures in Uzbekistan have grown hundreds of times, the actual gap in living standards with neighboring Kazakhstan has narrowed more slowly than expected, Tashkent Today reported. Experts compared the cumulative

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