Business & Economy KZ

Over 5 million people in Kazakhstan have imposed self-ban on loans

More than 5 million citizens in Kazakhstan have voluntarily banned the issuance of loans and microloans in their names using “Stop-Credit,” a service designed to protect against fraudulent loans, Fingramota.kz reports. “Stop-Credit” is a government service for voluntary waiver of bank loans and microloans. It allows citizens to self-ban new loans in their names. This

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International Affairs KZ

EBRD provides its largest ever financing package for a bank in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) says it is supporting the development of micro, small and medium-sized enterprises (MSMEs) in Kazakhstan, including those owned or led by young people or women, and helping to improve access to green technologies by providing a financing package of up to US$ 200 million (€172.4 million) in

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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 KZ

Kazakhstan looks at ways to reduce informal employment

At a meeting in the Senate on March 12 addressing the problem of informal employment in Kazakhstan, Minister of Labor and Social Protection Askarbek Yertayev revealed informal employment statistics and proposed measures aimed at broader legalization of labor relations in the domestic labor market. Yertayev noted that informal, or shadow, employment has a negative impact

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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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Eurasia International Affairs

Afghan products exported via Lapis Lazuli Corridor

The Afghan Ministry of Transport and Civil Aviation says eight shipments of domestic products and goods are scheduled to be exported through the Lapis Lazuli Corridor, TOLOnews reports. The shipments, weighing 18 tons in total, include dried fruit, pressure cookers, cooking spices, and beverages. According to the ministry, from now on three to four export

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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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Eurasia International Affairs KZ

Kazakhstan’s Mazhilis ratifies agreement on Caspian Green Energy Corridor project

The Mazhilis, the lower house of Kazakhstan’s parliament, has ratified the agreement on a strategic partnership between Kazakhstan, Uzbekistan, and Azerbaijan in developing and transporting green energy. The agreement was signed by Presidents Kassym-Jomart Tokayev, Shavkat Mirziyoyev, and Ilham Aliyev in November 2024, on the sidelines of the COP29 summit in Baku, Azerbaijan. According to

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Business & Economy KG

Large fish-producing cluster under construction in Kyrgyzstan

A full-cycle fish cluster specializing in fish farming, processing and export is currently under construction in the Jalal-Abad region in southern Kyrgyzstan. The large-scale investment project is being implemented by a Kyrgyz company, Salih LLC, according to the Ministry of Water Resources, Agriculture, and Processing Industry. The total cost of the project is more than

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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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Business & Economy KZ

Kazakhstan seeks to increase renewable energy production, remains reliant on coal-fired generation

In 2026, Kazakhstan plans to increase its renewable energy generation to 8.8 billion kWh by implementing 10 new projects with a total capacity of 245 MW, including four wind, five solar, and one hydroelectric power plant, according to the Ministry of Energy. In 2025, Kazakhstan made a breakthrough in electricity generation by renewable energy facilities,

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Business & Economy KG

Report highlights constraints for investment attraction in Kyrgyzstan

The Bishkek-based International Business Council (IBC), one of the largest business associations in Kyrgyzstan, has prepared an analytical note analyzing key institutional factors affecting the business environment and investment attraction in the country. According to the report, while Kyrgyzstan’s GDP increased by 11.1% in 2025 compared to the previous year, the quality of the institutional

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Business & Economy KZ

The gambling market in Kazakhstan dangerously grows, turning into social problem

Just ten years ago, Kazakhstan’s gambling market was moderate. From 2015 to 2019, the annual volume of gambling and betting services did not exceed 24 billion tenge. However, 2020, the year of the pandemic, marked the starting point for the country’s “bookmakerization”: the gambling sector showed a six-fold growth, Finprom.kz reports with reference to data

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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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Business & Economy KG

Kyrgyzstan extends livestock export ban to stabilize meat prices

The Government of Kyrgyzstan has extended the temporary ban on the export of livestock from the country. The extension is for six months and applies to live cattle, horses, sheep, and goats. The move is intended to ensure the country’s food security and stabilize meat prices on the domestic market. The ban does not apply

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