The presidents of Uzbekistan and Belarus signed a Declaration on the establishment of a strategic partnership between the two countries. Lukashenko called this a "historical step" and stated that the declaration consolidates a high level of relations based on equality, respect, trust, and consideration of each other's interests.
The President of Uzbekistan Shavkat Mirziyoyev and the President of Belarus Aleksandr Lukashenko, following the results of talks in Minsk on 9 July, signed a Declaration on the establishment of strategic partnership relations between the two countries, BelTA reports.
"A historical step. The document officially consolidates a high level of bilateral relations based on the principles of equality, mutual respect, trust, and consideration of each other's interests," Aleksandr Lukashenko stated.
According to him, the declaration will provide an additional impetus to joint work in the political, trade and economic, investment, cultural and humanitarian spheres, as well as in the field of security and countering modern challenges and threats.
The document is aimed at deepening cooperation in industry, agriculture, transport logistics, and interregional interaction.
Following the results of the presidents' talks, a package of documents was signed. Among them is a road map for the development of trade and economic cooperation between Belarus and Uzbekistan for 2026-2030.
The official visit of Shavkat Mirziyoyev to Belarus takes place on 8-9 July. On the eve of the talks in Minsk, the III Forum of Regions of Belarus and Uzbekistan also took place with the participation of representatives of regions and businesses of the two countries.
Earlier, on 7 July, Shavkat Mirziyoyev and the Prime Minister of Georgia Irakli Kobakhidze, following the results of talks in Tbilisi, also signed a Declaration on the establishment of strategic partnership relations.
In 2025, relations of strategic partnership with Uzbekistan were also established by France, Hungary, and Slovakia. In April of the same year, the leaders of the countries of Central Asia and the European Union adopted a joint declaration, raising the relations of the parties to the level of a strategic partnership.
A strategic partnership usually means long-term cooperation between countries and can cover a wide range of areas from politics, security, and economy to culture, education, and humanitarian ties. Gazeta previously reported on the strategic partners of Uzbekistan.
Reported by Gazeta (Uzbekistan).
In Minsk on 8 July, the III Forum of Regions of Uzbekistan and Belarus took place on the topic "Cooperation of regions as a driver of economic cooperation".
The plenary session was attended by the deputy prime ministers of the two countries Jamshid Khodjaev and Yury Shuleiko, as well as representatives...
In Minsk on 8 July, the III Forum of Regions of Uzbekistan and Belarus took place on the topic "Cooperation of regions as a driver of economic cooperation".
The plenary session was attended by the deputy prime ministers of the two countries Jamshid Khodjaev and Yury Shuleiko, as well as representatives...
The volume of money transfers to Uzbekistan in the first quarter grew by 13% to $3.8 billion. At the same time, the share of Russia in inflows decreased from 77.6% to 72.4%, while the shares of Kazakhstan, South Korea, Europe, and other countries increased, following a review by the Central...
The volume of money transfers to Uzbekistan in the first quarter grew by 13% to $3.8 billion. At the same time, the share of Russia in inflows decreased from 77.6% to 72.4%, while the shares of Kazakhstan, South Korea, Europe, and other countries increased, following a review by the Central...
The Uzum ecosystem reported that it has invested more than 500 million dollar in the development of the digital and logistics infrastructure of Uzbekistan.
The company also declared its intention to direct another few hundred million dollar over the next few years toward a further expansion of infrastructure.
According to the information...
The Uzum ecosystem reported that it has invested more than 500 million dollar in the development of the digital and logistics infrastructure of Uzbekistan.
The company also declared its intention to direct another few hundred million dollar over the next few years toward a further expansion of infrastructure.
According to the information...
The issue of increasing the capital of the Azerbaijan-Uzbekistan Investment Fund is being considered in connection with the transition to implementing more capital-intensive projects. The Deputy Minister of Investment, Industry, and Trade of Uzbekistan Khurram Teshabaev announced this in an interview with the publication Report.az.
Currently, the fund implements 15 projects...
The issue of increasing the capital of the Azerbaijan-Uzbekistan Investment Fund is being considered in connection with the transition to implementing more capital-intensive projects. The Deputy Minister of Investment, Industry, and Trade of Uzbekistan Khurram Teshabaev announced this in an interview with the publication Report.az.
Currently, the fund implements 15 projects...
The nominal Gross Domestic Product of Uzbekistan calculated per capita following the results of 2025 amounted to $3,879, increasing by $614 compared to the previous year. Such data are provided by the Central Bank in its financial stability review.
The decomposition of the increase shows due to what the indicator changed....
The nominal Gross Domestic Product of Uzbekistan calculated per capita following the results of 2025 amounted to $3,879, increasing by $614 compared to the previous year. Such data are provided by the Central Bank in its financial stability review.
The decomposition of the increase shows due to what the indicator changed....
The assets of the non-banking financial sector of Uzbekistan over 2025 grew by 36% and reached 34.9 trillion soum, and their ratio to GDP increased from 1.7% to 1.9%, says the financial stability review of the Central Bank. Despite the rapid growth, the share of the sector in the economy...
The assets of the non-banking financial sector of Uzbekistan over 2025 grew by 36% and reached 34.9 trillion soum, and their ratio to GDP increased from 1.7% to 1.9%, says the financial stability review of the Central Bank. Despite the rapid growth, the share of the sector in the economy...
The outstanding balance of loans issued to the construction industry of Uzbekistan grew by 46% over 2025 this is the fastest growth among the sectors of the corporate portfolio of banks, follows from the financial stability review of the Central Bank.
The acceleration occurred in a year when market prices for...
The outstanding balance of loans issued to the construction industry of Uzbekistan grew by 46% over 2025 this is the fastest growth among the sectors of the corporate portfolio of banks, follows from the financial stability review of the Central Bank.
The acceleration occurred in a year when market prices for...
Net sales of foreign currency by the population of Uzbekistan in 2025 reached $9.7 billion: exactly by that much bank purchases of currency from individuals exceeded sales. The indicator grew by 44% compared to 2024, says the financial stability review of the Central Bank.
The reversal of the foreign currency behaviour...
Net sales of foreign currency by the population of Uzbekistan in 2025 reached $9.7 billion: exactly by that much bank purchases of currency from individuals exceeded sales. The indicator grew by 44% compared to 2024, says the financial stability review of the Central Bank.
The reversal of the foreign currency behaviour...
The debt load of the population of Uzbekistan in 2025 decreased after the tightening of macroprudential requirements, but the debt structure continues to accumulate risks: the number of borrowers with several loans simultaneously grows, and the quality of microloans deteriorates. Such a picture emerges from the financial stability review of...
The debt load of the population of Uzbekistan in 2025 decreased after the tightening of macroprudential requirements, but the debt structure continues to accumulate risks: the number of borrowers with several loans simultaneously grows, and the quality of microloans deteriorates. Such a picture emerges from the financial stability review of...
The dollarization level of the loan and deposit portfolios of banks in Uzbekistan in 2025 continued to decline, says the financial stability review of the Central Bank.
The share of loans in foreign currency on 1 January 2026 amounted to 39% of the composite portfolio, contracting over the year by almost...
The dollarization level of the loan and deposit portfolios of banks in Uzbekistan in 2025 continued to decline, says the financial stability review of the Central Bank.
The share of loans in foreign currency on 1 January 2026 amounted to 39% of the composite portfolio, contracting over the year by almost...
Credit risk in the microloans segment remains one of the main internal risks for the financial stability of Uzbekistan, follows from the financial stability review of the Central Bank for 2025.
The number of microloan recipients in commercial banks on 1 January 2026 reached almost 2.7 million people 16% more than...
Credit risk in the microloans segment remains one of the main internal risks for the financial stability of Uzbekistan, follows from the financial stability review of the Central Bank for 2025.
The number of microloan recipients in commercial banks on 1 January 2026 reached almost 2.7 million people 16% more than...
The Common Equity Tier 1 (CET1) capital adequacy ratio of the banking system of Uzbekistan under the realization of a risk scenario may decrease to 5.6% by the end of 2028, and the aggregate regulatory capital ratio to 6.8%. Such results of a macro stress test of solvency are provided...
The Common Equity Tier 1 (CET1) capital adequacy ratio of the banking system of Uzbekistan under the realization of a risk scenario may decrease to 5.6% by the end of 2028, and the aggregate regulatory capital ratio to 6.8%. Such results of a macro stress test of solvency are provided...
The net profit of the banking system of Uzbekistan following the results of 2025 amounted to 15.5 trillion soum, increasing 2.2 times compared to 2024. This is stated in the financial stability review of the Central Bank published in July.
The return on equity (ROE) of banks over the year grew...
The net profit of the banking system of Uzbekistan following the results of 2025 amounted to 15.5 trillion soum, increasing 2.2 times compared to 2024. This is stated in the financial stability review of the Central Bank published in July.
The return on equity (ROE) of banks over the year grew...
The volume of bilateral trade between Uzbekistan and Azerbaijan in January-March 2026 reached 80.1 million US dollar, increasing by 42.5% compared to the same period last year. The Deputy Minister of Investment, Industry, and Trade of Uzbekistan Khurram Teshabaev announced this in an interview with the Azerbaijani publication Report.az.
According to...
The volume of bilateral trade between Uzbekistan and Azerbaijan in January-March 2026 reached 80.1 million US dollar, increasing by 42.5% compared to the same period last year. The Deputy Minister of Investment, Industry, and Trade of Uzbekistan Khurram Teshabaev announced this in an interview with the Azerbaijani publication Report.az.
According to...
The international reserves of Uzbekistan as of 1 July contracted by $6.8 billion to $63.8 billion, a minimum since November 2025. The main cause was the fall in world gold prices: its value in the reserves decreased by $5.7 billion, although the physical volume of the metal grew to a...
The international reserves of Uzbekistan as of 1 July contracted by $6.8 billion to $63.8 billion, a minimum since November 2025. The main cause was the fall in world gold prices: its value in the reserves decreased by $5.7 billion, although the physical volume of the metal grew to a...
The Minister of Energy of Uzbekistan Jurabek Mirzamahmudov held a meeting with the Chairman of the Uzbek-French Business Council under the MEDEF International organisation Claude Imauven and the Ambassador Extraordinary and Plenipotentiary of France to Uzbekistan Walid Fouque.
The parties discussed the further development of the strategic partnership, the expansion of...
The Minister of Energy of Uzbekistan Jurabek Mirzamahmudov held a meeting with the Chairman of the Uzbek-French Business Council under the MEDEF International organisation Claude Imauven and the Ambassador Extraordinary and Plenipotentiary of France to Uzbekistan Walid Fouque.
The parties discussed the further development of the strategic partnership, the expansion of...
Uzbekistan in perspective counts on exporting from 2 to 5 GW of ecologically clean electricity to Europe via an underwater cable through the Caspian Sea. The Deputy Minister of Investment, Industry, and Trade of Uzbekistan Khurram Teshabaev announced this in an interview with the publication Report.az.
According to the deputy minister,...
Uzbekistan in perspective counts on exporting from 2 to 5 GW of ecologically clean electricity to Europe via an underwater cable through the Caspian Sea. The Deputy Minister of Investment, Industry, and Trade of Uzbekistan Khurram Teshabaev announced this in an interview with the publication Report.az.
According to the deputy minister,...
The Minister of Investment, Industry, and Trade of Uzbekistan Laziz Kudratov held a meeting with the Managing Director of BYD company for the Central Asia and Caucasus regions, Cao Shuang, during which the parties discussed the further development of the electric vehicle production project in the republic.
The main attention at...
The Minister of Investment, Industry, and Trade of Uzbekistan Laziz Kudratov held a meeting with the Managing Director of BYD company for the Central Asia and Caucasus regions, Cao Shuang, during which the parties discussed the further development of the electric vehicle production project in the republic.
The main attention at...
Representatives of the Austrian company Banner Batterien, the joint-stock company JAZ, and the Uzэлтехсаноат Association discussed prospects for cooperation in the sphere of automotive accumulator battery production in Uzbekistan. The negotiations took place in a video conference format at the initiative of the industry association.
The parties reviewed questions on the...
Representatives of the Austrian company Banner Batterien, the joint-stock company JAZ, and the Uzэлтехсаноат Association discussed prospects for cooperation in the sphere of automotive accumulator battery production in Uzbekistan. The negotiations took place in a video conference format at the initiative of the industry association.
The parties reviewed questions on the...
The AKFA company held a groundbreaking ceremony for a new production complex in the US. The AKFA Aluminum Solutions plant will be built in the city of Bowling Green (state of Kentucky) and will become the first production enterprise of the Uzbek company on the territory of the United States.
According...
The AKFA company held a groundbreaking ceremony for a new production complex in the US. The AKFA Aluminum Solutions plant will be built in the city of Bowling Green (state of Kentucky) and will become the first production enterprise of the Uzbek company on the territory of the United States.
According...
The automotive project in Azerbaijani Hajigabul is transforming from a platform for semi-knocked-down assembly into a full-fledged production complex with a localized supplier chain. The evolution of the project reflects a broader strategy of Uzautosanoat to build regional production ecosystems outside Uzbekistan. The Deputy Minister of Investment, Industry, and Trade...
The automotive project in Azerbaijani Hajigabul is transforming from a platform for semi-knocked-down assembly into a full-fledged production complex with a localized supplier chain. The evolution of the project reflects a broader strategy of Uzautosanoat to build regional production ecosystems outside Uzbekistan. The Deputy Minister of Investment, Industry, and Trade...
The automotive project in Azerbaijani Hajigabul is transforming from a platform for semi-knocked-down assembly into a full-fledged production complex with a localized supplier chain. The evolution of the project reflects a broader strategy of Uzautosanoat to build regional production ecosystems outside Uzbekistan. The Deputy Minister of Investment, Industry, and Trade...
The automotive project in Azerbaijani Hajigabul is transforming from a platform for semi-knocked-down assembly into a full-fledged production complex with a localized supplier chain. The evolution of the project reflects a broader strategy of Uzautosanoat to build regional production ecosystems outside Uzbekistan. The Deputy Minister of Investment, Industry, and Trade...
Transport and logistics cooperation is transforming into one of the main structural factors for deepening trade and economic relations between Uzbekistan and Azerbaijan. The complex of initiatives implemented within the framework of the Middle Corridor covers maritime logistics, rail transportation, port infrastructure, and multimodal delivery chains. The Deputy Minister of...
Transport and logistics cooperation is transforming into one of the main structural factors for deepening trade and economic relations between Uzbekistan and Azerbaijan. The complex of initiatives implemented within the framework of the Middle Corridor covers maritime logistics, rail transportation, port infrastructure, and multimodal delivery chains. The Deputy Minister of...
Representatives of Uzbekistan Airports and the airline Air China discussed prospects for expanding cooperation and developing air communication between Uzbekistan and China. The negotiations took place at the central office of Uzbekistan Airports with the participation of an Air China delegation led by external directors Xu Niansha, Tam Wan Chi,...
Representatives of Uzbekistan Airports and the airline Air China discussed prospects for expanding cooperation and developing air communication between Uzbekistan and China. The negotiations took place at the central office of Uzbekistan Airports with the participation of an Air China delegation led by external directors Xu Niansha, Tam Wan Chi,...
The President of Uzbekistan Shavkat Mirziyoyev signed a resolution No. PP-251 providing for new incentives for the import of truck transport. The Customs Committee reported this.
According to the document, until the end of 2027, customs duties and the recycling fee will not be collected on the import into the country...
The President of Uzbekistan Shavkat Mirziyoyev signed a resolution No. PP-251 providing for new incentives for the import of truck transport. The Customs Committee reported this.
According to the document, until the end of 2027, customs duties and the recycling fee will not be collected on the import into the country...
In Uzbekistan, they abandoned the idea to oblige owners of cars over 30 years old to annually pay an ecological compensation of 30 BRVs. Instead, it is proposed to create a system for the voluntary surrender of old cars at market value with a cash payout or the issuance of...
In Uzbekistan, they abandoned the idea to oblige owners of cars over 30 years old to annually pay an ecological compensation of 30 BRVs. Instead, it is proposed to create a system for the voluntary surrender of old cars at market value with a cash payout or the issuance of...
The Central Bank of the Russian Federation was the first to warn that disruptions in the operation of refining infrastructure could worsen the prospects of the Russian economy as a whole, and not just individual industries and groups of citizens. And now the Institute of Economic Forecasting of the Russian...
The Central Bank of the Russian Federation was the first to warn that disruptions in the operation of refining infrastructure could worsen the prospects of the Russian economy as a whole, and not just individual industries and groups of citizens. And now the Institute of Economic Forecasting of the Russian...
The National Transport Company transported 67.5 million tonnes of cargo during the first half of 2026. Growth compared to the same period last year amounted to 7.2%. This is reported by the National Transport Company press service.
The main part of the transported cargo consisted of coal, at 53.2 million tonnes...
The National Transport Company transported 67.5 million tonnes of cargo during the first half of 2026. Growth compared to the same period last year amounted to 7.2%. This is reported by the National Transport Company press service.
The main part of the transported cargo consisted of coal, at 53.2 million tonnes...
Within the framework of a new preferential leasing programme, it is planned to build around 30 vessels. The volume of its funding for the next three years will amount to more than 44 billion roubles. This was stated by the Head of the Ministry of Industry and Trade of the...
Within the framework of a new preferential leasing programme, it is planned to build around 30 vessels. The volume of its funding for the next three years will amount to more than 44 billion roubles. This was stated by the Head of the Ministry of Industry and Trade of the...
Dividend gaps and the strengthening of the rouble drag the Russian stock market to the negative side. Only the preservation of growth in oil quotations saves it from a strong drawdown. By 14:15 Moscow time, the Moscow Exchange index declines by 0.45% to 2,210.75 points.
Geopolitics for now went to the...
Dividend gaps and the strengthening of the rouble drag the Russian stock market to the negative side. Only the preservation of growth in oil quotations saves it from a strong drawdown. By 14:15 Moscow time, the Moscow Exchange index declines by 0.45% to 2,210.75 points.
Geopolitics for now went to the...
The Asian Development Bank maintained the forecast for gross domestic product growth of Azerbaijan in 2026 at 2%, and in 2027 at 1.8%, says the July review Asian Development Outlook published on Wednesday on the website of the Asian Development Bank.
The assessment of gross domestic product growth for 2026 to...
The Asian Development Bank maintained the forecast for gross domestic product growth of Azerbaijan in 2026 at 2%, and in 2027 at 1.8%, says the July review Asian Development Outlook published on Wednesday on the website of the Asian Development Bank.
The assessment of gross domestic product growth for 2026 to...
On Monday, Shanghai Customs announced positive results of China's expanded zero-tariff policy for all African countries having diplomatic relations with the People's Republic of China, which entered into force on 1 May.
Since entering into force, the value of imports from the 53 African countries falling under this measure exceeded 1.2...
On Monday, Shanghai Customs announced positive results of China's expanded zero-tariff policy for all African countries having diplomatic relations with the People's Republic of China, which entered into force on 1 May.
Since entering into force, the value of imports from the 53 African countries falling under this measure exceeded 1.2...
Consumer prices (the consumer price index) in China in June grew by 1% compared to the same month of last year, it is reported in the report of the National Bureau of Statistics.
Thus, inflation slowed down compared to 1.2% in April. Analysts on average forecasted an increase of 1.1% in...
Consumer prices (the consumer price index) in China in June grew by 1% compared to the same month of last year, it is reported in the report of the National Bureau of Statistics.
Thus, inflation slowed down compared to 1.2% in April. Analysts on average forecasted an increase of 1.1% in...
