Uzbekistan
Uzbekistan microfinance institutions report UZS 21.75 trillion in assets
The central bank says 86 institutions above its asset threshold account for approximately 99% of the sector total.
EDB estimates Uzbekistan renewable curtailment risk at 3.5 billion kWh in 2028
The scenario highlights the need for grids and balancing alongside new generation. It is potential curtailed output, not a realized loss.
Mirziyoyev Discusses Ustyurt Plateau Projects with SOCAR and BP
Uzbek President Shavkat Mirziyoyev met with SOCAR President Rovshan Najaf and BP Regional President Giovanni Cristofoli to discuss hydrocarbon development on the Ustyurt Plateau.
Uzbekistan's Foreign Trade Turnover Reaches $57.4 Billion
In January–August 2026, Uzbekistan's foreign trade turnover amounted to $57.4 billion. China and Russia accounted for about 39% of total trade.
AI can change a job without eliminating it
Around 80% of Uzbekistan’s clerical support workers are estimated to have medium or high AI exposure, while 27% use AI at work. The gap helps explain why task automation is not a forecast of redundancies.
What is driving Uzbekistan’s rapid growth?
The World Bank has raised its 2026 growth estimate for Uzbekistan to 7.9%. Domestic demand, infrastructure and foreign financing support the expansion, but the use of that money matters as much as the inflow.
Uzbekistan's Startup Leap: What Azerbaijan Should Study
Uzbekistan climbed from 98th to 79th in StartupBlink 2026, two positions above Azerbaijan. Its score rose 227.3%. For neighbouring markets, the useful lesson is not just the record percentage but how a team's path from idea to sales is structured and which results can be verified separately from the ranking.
Uzbekistan Proposes First Central Asia–Azerbaijan Business Forum in 2027
President of Uzbekistan Shavkat Mirziyoyev, at the 8th Consultative Meeting of the Heads of State of Central Asia and Azerbaijan in Avaza, proposed holding the first Central Asia–Azerbaijan business forum in 2027 and creating a platform for financial and technical support of joint investment projects.
Uzbekistan Boosts Car Exports by 9.1%
In January–August 2026, Uzbekistan exported $195.3 million worth of cars, up 9.1% year on year. Cars became the largest subcategory in exports of machinery and transport equipment.
Expert: Coordination, Not Infrastructure, Is Key for the Middle Corridor
Farrukh Irnazarov of Chemonics International said developing the Middle Corridor requires harmonized legislation, digitalization and a single operator, not just infrastructure.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.