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Uzbekistan

Uzbekistan Explores Participation in Nakhchivan Railway Construction
Transport

Uzbekistan Explores Participation in Nakhchivan Railway Construction

Uzbekistan is considering participation in the construction of the Nakhchivan railway to gain access to Turkish ports in Samsun and Istanbul, the presidential press service said following a meeting chaired by Shavkat Mirziyoyev.

FinFly NewsroomSeptember 21, 2026
Uzbekistan and South Korea Prepare $12 Billion in Investment Projects
Economy

Uzbekistan and South Korea Prepare $12 Billion in Investment Projects

Following talks between Shavkat Mirziyoyev and Lee Jae-myung, prospective projects worth $12 billion and an $8 billion program with the Export-Import Bank of Korea have been prepared.

Zeyni JafarovSeptember 17, 2026
OTS Countries to Create Unified Digital Economic Platform
Economy

OTS Countries to Create Unified Digital Economic Platform

A digital partnership agreement has already been signed, with the parliaments of Azerbaijan, Turkey and Uzbekistan having ratified it. The process continues in other countries.

FinFly NewsroomSeptember 16, 2026
ABB Acquires 51% of Uzbekistan's Davr Bank for $140 Million
Economy

ABB Acquires 51% of Uzbekistan's Davr Bank for $140 Million

The International Bank of Azerbaijan has acquired a controlling stake in Davr Bank for about 1.65 trillion soums, valuing the entire bank at approximately $280 million.

Sadraddin AghjayevSeptember 10, 2026
Alisher Samadov Appointed Chairman of Uzbekistan's Accounts Chamber
Economy

Alisher Samadov Appointed Chairman of Uzbekistan's Accounts Chamber

President of Uzbekistan signed a decree appointing Alisher Samadov as Chairman of the Accounts Chamber, the presidential press secretary reported.

FinFly NewsroomSeptember 5, 2026
Uzbekistan and Hong Kong Discuss Financing for Tashkent–Samarkand Highway
Transport

Uzbekistan and Hong Kong Discuss Financing for Tashkent–Samarkand Highway

Uzbekistan's Transport Minister held talks with a Hong Kong official on attracting investment for the construction of a toll road and developing air connectivity.

Zeyni JafarovSeptember 2, 2026
Uzbekistan and India Target $5 Billion Trade by 2030
Economy

Uzbekistan and India Target $5 Billion Trade by 2030

Leaders of Uzbekistan and India have agreed on a comprehensive strategic partnership and increasing bilateral trade to $5 billion by 2030.

FinFly NewsroomAugust 30, 2026
Aliev Congratulates Mirziyoyev on 35th Anniversary of Uzbekistan's Independence
Blogs

Aliev Congratulates Mirziyoyev on 35th Anniversary of Uzbekistan's Independence

President of Azerbaijan Ilham Aliev sent a congratulatory letter to President of Uzbekistan Shavkat Mirziyoyev on the occasion of the 35th anniversary of the country's independence.

FinFly NewsroomAugust 29, 2026
Uzbekistan and Azerbaijan to Discuss Energy Cooperation
Economy

Uzbekistan and Azerbaijan to Discuss Energy Cooperation

In early September, an Uzbek delegation led by the Energy Minister will visit Azerbaijan for talks on implementing joint energy tasks.

FinFly NewsroomAugust 27, 2026
Uzbekistan and Russia to Introduce Electronic Permits for Freight Transport by 2026
Transport

Uzbekistan and Russia to Introduce Electronic Permits for Freight Transport by 2026

Uzbekistan's Ministry of Transport plans to implement an e-permit system for international freight road transport with Russia and Belarus by the end of 2026.

Zeyni JafarovAugust 26, 2026
Uzbekistan and Azerbaijan to Increase Flights to 40 per Week
Transport

Uzbekistan and Azerbaijan to Increase Flights to 40 per Week

Uzbekistan's Transport Minister Ilkhom Makhkamov announced plans to increase the number of flights between the two countries from 18 to 40 per week, as well as agreements on developing the Middle Corridor and resuming ferry service.

Zeyni JafarovAugust 24, 2026
Azerbaijan's ABB enters Uzbekistan market via partnership with Davr Bank
Economy

Azerbaijan's ABB enters Uzbekistan market via partnership with Davr Bank

Azerbaijan's Economy Minister Mikayil Jabbarov announced that the country's largest bank, ABB, is entering the Uzbekistan market through a partnership and acquisition of a stake in Davr Bank.

Zeyni JafarovAugust 22, 2026
Number of Active Enterprises in Uzbekistan Reaches 601,276
Economy

Number of Active Enterprises in Uzbekistan Reaches 601,276

As of August 1, 2026, the number of active enterprises and organizations in Uzbekistan reached 601,276, reflecting continued expansion of the country's entrepreneurial base and recovery in business activity.

Zeyni JafarovAugust 22, 2026
Uzbekistan and Azerbaijan Target $1 Billion Trade Turnover by 2030
Economy

Uzbekistan and Azerbaijan Target $1 Billion Trade Turnover by 2030

Uzbekistan's Minister of Investments and Azerbaijan's ambassador discussed expanding trade and investment cooperation, including preparing a 'Roadmap' and a program to increase trade turnover to $1 billion by 2030.

FinFly NewsroomAugust 19, 2026
Asia Alliance Bank to Issue $20M Foreign Currency Bonds
Economy

Asia Alliance Bank to Issue $20M Foreign Currency Bonds

Uzbekistan's Asia Alliance Bank plans to place dollar-denominated bonds worth $20 million with a 7% annual coupon and a three-year maturity.

FinFly NewsroomAugust 18, 2026
Uzbekistan and Malaysia to Discuss Insulin and Vaccine Production
Economy

Uzbekistan and Malaysia to Discuss Insulin and Vaccine Production

The Director of Uzbekistan's Agency for the Development of the Medical and Pharmaceutical Industry held talks with Malaysian company GREENTACT HEALTHCARE on localizing insulin and HPV vaccine production.

Zeyni JafarovAugust 16, 2026
Uzbekistan and Iran Prepare 29 Joint Projects and Business Forum in Tashkent
Economy

Uzbekistan and Iran Prepare 29 Joint Projects and Business Forum in Tashkent

Uzbekistan and Iran are implementing 29 joint projects and will hold a business forum in Tashkent on November 26–27. Trade turnover rose 37.5% to $305 million in the first half of the year.

Zeyni JafarovAugust 15, 2026
Uzbekistan Discusses Long-Term Jet A-1 Fuel Supplies with China
Economy

Uzbekistan Discusses Long-Term Jet A-1 Fuel Supplies with China

Uzbekneftegaz and the Chinese Embassy discussed the possibility of long-term supplies of Jet A-1 aviation fuel from China to diversify imports.

Zeyni JafarovAugust 14, 2026
Uzbekistan Power Grid Accident Causes Outages Across Central Asia
Economy

Uzbekistan Power Grid Accident Causes Outages Across Central Asia

A power grid accident in Uzbekistan led to electricity outages in Kyrgyzstan, Kazakhstan, and Tajikistan. Energy workers are restoring power supply.

Zeyni JafarovAugust 14, 2026
4th Azerbaijan-Uzbekistan Interregional Forum to Be Held in Tashkent on August 22
Economy

4th Azerbaijan-Uzbekistan Interregional Forum to Be Held in Tashkent on August 22

The 4th Interregional Forum of Azerbaijan and Uzbekistan will take place in Tashkent on August 22, aimed at developing trade, economic, and investment cooperation.

Zeyni JafarovAugust 14, 2026
Uzbekistan and Qatar's Al Alfia Holding Discuss Chemical and Oil & Gas Projects
Economy

Uzbekistan and Qatar's Al Alfia Holding Discuss Chemical and Oil & Gas Projects

Uzbekistan plans to attract Qatari company Al Alfia Holding to joint projects in the chemical and oil & gas sectors, including localization of lubricants and equipment production.

Zeyni JafarovAugust 14, 2026
Kazakhstan and Uzbekistan Discuss Development of Transport Corridor on Border with China
Transport

Kazakhstan and Uzbekistan Discuss Development of Transport Corridor on Border with China

Representatives of the transport ministries of Kazakhstan and Uzbekistan conducted a joint inspection of infrastructure facilities on the Kazakh-Chinese border to increase cargo flow.

Zeyni JafarovAugust 13, 2026
Uzbekistan and South Korea Aim to Double Trade to $4 Billion
Economy

Uzbekistan and South Korea Aim to Double Trade to $4 Billion

Uzbekistan and South Korea plan to create a joint working group to increase bilateral trade to $4 billion per year, said Uzbek Deputy Prime Minister Jamshid Khodjayev.

Zeyni JafarovAugust 13, 2026
Uzbekistan Tightens Measures to Stabilize Oil and Gas Market
Economy

Uzbekistan Tightens Measures to Stabilize Oil and Gas Market

President Shavkat Mirziyoyev has ordered increased production, reserve building, and uninterrupted supplies amid rising demand.

Zeyni JafarovAugust 11, 2026