Issue 2147 - 09.09.2026
09.09.2026

Presidents of Uzbekistan and Serbia discuss plans to deepen cooperation

Negotiations between President of Uzbekistan Shavkat Mirziyoyev and President of Serbia Aleksandar Vucic take place at the Palace of Serbia, initially in a one on one format and subsequently with the participation of official delegations.

According to the press service of the Head of State, the parties review topical matters concerning the further advancement of multifaceted cooperation between the two nations.

At the beginning of the meeting, Shavkat Mirziyoyev expresses gratitude to Aleksandar Vucic for the warm reception and hospitality, emphasizing that this first visit to Belgrade will enter history as the commencement of a new stage in relations between the two countries.

The intensification of political dialogue, interparliamentary ties, trade and economic collaboration, as well as business and humanitarian exchanges, receives profound satisfaction. The sides highlight that opening diplomatic representations and establishing an interparliamentary forum will facilitate the deepening of bilateral relations.

Trade, economic, and investment engagement becomes a solid foundation of cooperation. A series of economic events involving high level delegations proceeds successfully from the start of the year.

On 7 September, the first session of the Intergovernmental Commission convenes. On 8 September, a joint business forum takes place, drawing representatives from leading corporations of both states.

Special attention focuses on expanding bilateral trade, primarily through increasing deliveries of high demand goods. In this connection, the sides underline the importance of elaborating and adopting a Free Trade Agreement, setting up cooperation in standardisation, and organizing reciprocal exhibitions.

It is also noted that next year Uzbekistan will participate actively in the EXPO 2027 international exhibition in Belgrade with a national pavilion.

The parties consider issues of implementing new joint projects across priority fields such as transport and logistics, light and food industries, agriculture, pharmaceuticals, healthcare, and the digital economy. The participants point out the substantial potential of industrial cooperation in manufacturing automotive components, machinery, electrical equipment, and electronics.

To ensure high quality implementation of all understandings, the sides adopt a joint Action Plan for the development of industrial partnership for 2026 to 2028.

The importance of advancing interregional cooperation is highlighted. The leaders welcome establishing direct links between the Samarkand region and Vojvodina, as well as between the cities of Samarkand and Novi Sad.

In the humanitarian domain, initiatives are put forward to expand partnerships in education, culture, sport, and tourism. The parties reach an agreement to host Culture Days, joint film, theatre, and music festivals, and advance direct contacts between sports federations.

Dedicated attention is paid to organised labour migration. The strong interest of the Serbian side in establishing systematic cooperation in this field is acknowledged. The sides welcome the adoption of an agreement on mobility and labour migration during the visit.

A comprehensive exchange of views also takes place regarding regional and international agendas, including reciprocal support across multilateral platforms.

To ensure the timely and high quality execution of reached understandings, adopted resolutions, and signed agreements, a comprehensive roadmap will be adopted.

Reported by KUN (Uzbekistan).

Uzbekistan General

09.09.2026

Uzbekistan and Serbia establish strategic partnership

Presidents of both countries Shavkat Mirziyoyev and Aleksandar Vucic sign a corresponding Joint Declaration following negotiations in Belgrade, according to an announcement from the press service of the Head of State.

In the presence of the heads of state, an exchange ceremony of bilateral documents takes place, covering:

– mobility and labour...

Presidents of both countries Shavkat Mirziyoyev and Aleksandar Vucic sign a corresponding Joint Declaration following negotiations in Belgrade, according to an announcement from the press service of the Head of State.

In the presence of the heads of state, an exchange ceremony of bilateral documents takes place, covering:

– mobility and labour...

09.09.2026

President of Uzbekistan offers Serbia five directions for joint projects

President Shavkat Mirziyoyev urges Serbian companies to transition from trade towards localising manufacturing and transferring technology in Uzbekistan. Among priorities, he names automotive components, electrical engineering, medicines, textiles, agricultural projects, and information technology. In several areas, negotiations with Serbian companies are already underway.

President of Uzbekistan Shavkat Mirziyoyev, speaking at the...

President Shavkat Mirziyoyev urges Serbian companies to transition from trade towards localising manufacturing and transferring technology in Uzbekistan. Among priorities, he names automotive components, electrical engineering, medicines, textiles, agricultural projects, and information technology. In several areas, negotiations with Serbian companies are already underway.

President of Uzbekistan Shavkat Mirziyoyev, speaking at the...

09.09.2026

Uzbekistan and Armenia discuss new avenues of bilateral interaction

On 7 September 2026, another round of political consultations between the ministries of foreign affairs of Uzbekistan and Armenia takes place in Yerevan. The delegations are headed by deputy foreign ministers Bobur Usmanov and Mnatsakan Safaryan.

The parties discuss the current status and development prospects of bilateral cooperation across political, trade,...

On 7 September 2026, another round of political consultations between the ministries of foreign affairs of Uzbekistan and Armenia takes place in Yerevan. The delegations are headed by deputy foreign ministers Bobur Usmanov and Mnatsakan Safaryan.

The parties discuss the current status and development prospects of bilateral cooperation across political, trade,...

09.09.2026

Uzbekistan and Qatar discuss cooperation expansion

First Deputy Minister of Foreign Affairs of Uzbekistan Bakhromjon Aloyev holds a meeting on 7 September 2026 with Secretary General of the Ministry of Foreign Affairs of Qatar and Chairman of the Alliance of Civilisations Committee Ahmad bin Hassan Al Hammadi. This is reported by the Ministry of Foreign Affairs...

First Deputy Minister of Foreign Affairs of Uzbekistan Bakhromjon Aloyev holds a meeting on 7 September 2026 with Secretary General of the Ministry of Foreign Affairs of Qatar and Chairman of the Alliance of Civilisations Committee Ahmad bin Hassan Al Hammadi. This is reported by the Ministry of Foreign Affairs...

Finance and Investment

09.09.2026

Entrepreneurs write off 1.5 trillion soum in tax penalties in Uzbekistan

In Uzbekistan, over 315 thousand entrepreneurs will be able to write off penalties on tax liabilities if they fully pay off principal arrears before the end of 2026. According to the Chamber of Commerce and Industry, their aggregate tax debt equals 9.5 trillion soum, and accrued penalties stand at 1.5...

In Uzbekistan, over 315 thousand entrepreneurs will be able to write off penalties on tax liabilities if they fully pay off principal arrears before the end of 2026. According to the Chamber of Commerce and Industry, their aggregate tax debt equals 9.5 trillion soum, and accrued penalties stand at 1.5...

09.09.2026

Uzbekistan puts Turonbank, International Business Centre, Uzexpocentre, and other assets up for sale

Uzbekistan approves a new register of major state assets for privatisation. Plans envisage selling 98.9% of shares in Turonbank, over 91% in Uzexpocentre, nearly 80% in the International Business Centre, alongside stakes across industrial, transport, and trading enterprises.

Uzbekistan plans to sell state equity stakes and shares in several major companies....

Uzbekistan approves a new register of major state assets for privatisation. Plans envisage selling 98.9% of shares in Turonbank, over 91% in Uzexpocentre, nearly 80% in the International Business Centre, alongside stakes across industrial, transport, and trading enterprises.

Uzbekistan plans to sell state equity stakes and shares in several major companies....

09.09.2026

Uzbekistan and Serbia expand economic cooperation

President of Uzbekistan Shavkat Mirziyoyev and President of Serbia Aleksandar Vucic take part in a joint business forum that brings together more than 200 representatives from official and business circles of both countries, alongside executives of major industrial and trading companies.

The Serbian side at the event is represented by companies...

President of Uzbekistan Shavkat Mirziyoyev and President of Serbia Aleksandar Vucic take part in a joint business forum that brings together more than 200 representatives from official and business circles of both countries, alongside executives of major industrial and trading companies.

The Serbian side at the event is represented by companies...

09.09.2026

Down payment drops to 15 percent upon state asset purchases

Under a presidential decree, down payments when acquiring state assets and non-agricultural land plots decrease from 30 to 15 per cent. Buyers settling payment for a major asset in full within 6 months will receive a 25% discount. Buyers paying 50% within half a year will be able to settle...

Under a presidential decree, down payments when acquiring state assets and non-agricultural land plots decrease from 30 to 15 per cent. Buyers settling payment for a major asset in full within 6 months will receive a 25% discount. Buyers paying 50% within half a year will be able to settle...

09.09.2026

Gross domestic product per capita grows in Uzbekistan

In the first half of 2026, the volume of gross domestic product per capita in Uzbekistan amounted to 27.95 million soum. The indicator increased by 6.6 per cent in real terms compared to the corresponding period of last year.

According to preliminary data from the National Statistics Committee, in January to...

In the first half of 2026, the volume of gross domestic product per capita in Uzbekistan amounted to 27.95 million soum. The indicator increased by 6.6 per cent in real terms compared to the corresponding period of last year.

According to preliminary data from the National Statistics Committee, in January to...

Oil and Gas Sector

09.09.2026

Uzbekistan imports less petrol at higher cost

Over January to August, Uzbekistan increased petrol imports by 41.2 per cent to 721.5 million litres. But in August, deliveries fell fourfold in annual terms, and the average import cost grew to almost 995 dollar per 1000 litres. In Tashkent, AI 92 grew more expensive over the year by roughly...

Over January to August, Uzbekistan increased petrol imports by 41.2 per cent to 721.5 million litres. But in August, deliveries fell fourfold in annual terms, and the average import cost grew to almost 995 dollar per 1000 litres. In Tashkent, AI 92 grew more expensive over the year by roughly...

09.09.2026

Gazprom expands gas supplies to Central Asian countries by nearly 70 per cent since beginning of year

Gazprom increases gas deliveries to Central Asian countries by nearly 70 per cent since the beginning of 2026, Chairman of the Management Board Alexey Miller announced during a conference call dedicated to the day of petroleum and gas industry workers, Interfax news agency reports.

"We have good results this year in...

Gazprom increases gas deliveries to Central Asian countries by nearly 70 per cent since the beginning of 2026, Chairman of the Management Board Alexey Miller announced during a conference call dedicated to the day of petroleum and gas industry workers, Interfax news agency reports.

"We have good results this year in...

09.09.2026

Uzbekneftegaz intends to increase daily gas extraction by 3.9 million cubic metres

Chairman of the Management Board of Joint Stock Company Uzbekneftegaz Abdugani Sanginov instructs officials to increase daily natural gas extraction by 3.9 million cubic metres through launching new wells before the conclusion of the nine month period. Another 460 thousand cubic metres per day is planned to be obtained through...

Chairman of the Management Board of Joint Stock Company Uzbekneftegaz Abdugani Sanginov instructs officials to increase daily natural gas extraction by 3.9 million cubic metres through launching new wells before the conclusion of the nine month period. Another 460 thousand cubic metres per day is planned to be obtained through...

Agriculture

09.09.2026

Tashkent region studies Serbian raspberry cultivation experience

Deputy Governor of the Tashkent region Jakhongir Mamajonov held talks in the Serbian town of Ivanjica with representatives of FLORIVA BERRY. The parties discussed the possibility of creating modern raspberry plantations in the region, introducing modern agrotechnologies, and developing cooperation in berry production and processing.

Representatives of the Serbian company described...

Deputy Governor of the Tashkent region Jakhongir Mamajonov held talks in the Serbian town of Ivanjica with representatives of FLORIVA BERRY. The parties discussed the possibility of creating modern raspberry plantations in the region, introducing modern agrotechnologies, and developing cooperation in berry production and processing.

Representatives of the Serbian company described...

09.09.2026

Uzbekistan and Serbia expand horticulture cooperation

Representatives of the Ministry of Agriculture of Uzbekistan and Serbian enterprise Evro Kalem Trade Ltd discussed prospects for cooperation in developing modern nursery plant propagation and intensive horticulture in the country.

Creating a modern nursery, introducing advanced agrotechnologies, and adapting export oriented varieties of fruit crops to agroclimatic conditions of Uzbekistan...

Representatives of the Ministry of Agriculture of Uzbekistan and Serbian enterprise Evro Kalem Trade Ltd discussed prospects for cooperation in developing modern nursery plant propagation and intensive horticulture in the country.

Creating a modern nursery, introducing advanced agrotechnologies, and adapting export oriented varieties of fruit crops to agroclimatic conditions of Uzbekistan...

Metals and Minerals

09.09.2026

Uzbekistan and Serbia discuss mining sector cooperation

Uzbekistan and Serbia discuss prospects for expanding cooperation in the mining industry, including manufacturing specialized machinery, introducing advanced technologies, and developing industrial collaboration.

Cooperation issues were reviewed on 7 September 2026 in Belgrade within the first session of the Uzbek Serbian Intergovernmental Commission. First Deputy Minister of Mining Industry and Geology...

Uzbekistan and Serbia discuss prospects for expanding cooperation in the mining industry, including manufacturing specialized machinery, introducing advanced technologies, and developing industrial collaboration.

Cooperation issues were reviewed on 7 September 2026 in Belgrade within the first session of the Uzbek Serbian Intergovernmental Commission. First Deputy Minister of Mining Industry and Geology...

09.09.2026

Uzbekistan reserves grow to 72.1 billion dollar in August

Gold and foreign exchange reserves of the Central Bank of Uzbekistan increase from 64.4 billion dollar to 72.1 billion dollar following August outcomes. This was reported by the Central Bank of Uzbekistan.

Over the month, the volume of reserves in foreign currency, conversely, contracted from 7.7 billion dollar to 6.6 billion...

Gold and foreign exchange reserves of the Central Bank of Uzbekistan increase from 64.4 billion dollar to 72.1 billion dollar following August outcomes. This was reported by the Central Bank of Uzbekistan.

Over the month, the volume of reserves in foreign currency, conversely, contracted from 7.7 billion dollar to 6.6 billion...

Energy Industry

09.09.2026

Uzbekistan builds second nuclear power plant with China, says Vucic

President of Serbia Aleksandar Vucic states that Shavkat Mirziyoyev told him about two nuclear projects of Uzbekistan: the country builds one plant with Russia and the second with China. According to him, Mirziyoyev links the expansion of generation to future demand from data centres, artificial intelligence, innovations, and electric vehicles.

Uzbekistan...

President of Serbia Aleksandar Vucic states that Shavkat Mirziyoyev told him about two nuclear projects of Uzbekistan: the country builds one plant with Russia and the second with China. According to him, Mirziyoyev links the expansion of generation to future demand from data centres, artificial intelligence, innovations, and electric vehicles.

Uzbekistan...

09.09.2026

Trinasolar supplies 184 thousand modules for Sarimay solar photovoltaic plant

Trinasolar supplies 184,328 Vertex N solar modules with a capacity of 695 watts for the 126 megawatt Sarimay solar photovoltaic plant in the Khorezm region of Uzbekistan. The power plant is commissioned fully and supplies electricity from renewable sources to the unified energy system of the country. Trinasolar announced this.

Construction...

Trinasolar supplies 184,328 Vertex N solar modules with a capacity of 695 watts for the 126 megawatt Sarimay solar photovoltaic plant in the Khorezm region of Uzbekistan. The power plant is commissioned fully and supplies electricity from renewable sources to the unified energy system of the country. Trinasolar announced this.

Construction...

Communications and Transportation

09.09.2026

Operators launch new electric passenger train between Khiva and Bukhara

Operations commence on 9 September using a CRRC Dalian high speed electric passenger train. The train formation comprises 5 carriages, offering 415 economy class seats in total.

From 9 September of the current year, a new electric train service launches between Khiva and Bukhara, Joint Stock Company Uztemiryulyulovchi announced.

It is noted...

Operations commence on 9 September using a CRRC Dalian high speed electric passenger train. The train formation comprises 5 carriages, offering 415 economy class seats in total.

From 9 September of the current year, a new electric train service launches between Khiva and Bukhara, Joint Stock Company Uztemiryulyulovchi announced.

It is noted...

09.09.2026

Uzbekistan explores participation in Serbian railway modernisation

Uzbekistan and Serbia discuss the participation of the Uzbek side in modernising the Serbian railway network, including constructing a track section spanning about 200 km. The parties prepare to launch negotiations on a free trade agreement.

Uzbekistan and Serbia plan to launch negotiations on concluding a free trade agreement. This was...

Uzbekistan and Serbia discuss the participation of the Uzbek side in modernising the Serbian railway network, including constructing a track section spanning about 200 km. The parties prepare to launch negotiations on a free trade agreement.

Uzbekistan and Serbia plan to launch negotiations on concluding a free trade agreement. This was...

09.09.2026

State reclaims Humo Air and plans repeat privatisation

Authorities of Uzbekistan plan to sell 100% of Humo Air. The airline was already privatised in 2022 for 2.4 million dollar; however, the contract with the investor was terminated, the State Assets Management Agency told Gazeta. Within the coming days, the 100% equity stake should be registered back to the...

Authorities of Uzbekistan plan to sell 100% of Humo Air. The airline was already privatised in 2022 for 2.4 million dollar; however, the contract with the investor was terminated, the State Assets Management Agency told Gazeta. Within the coming days, the 100% equity stake should be registered back to the...

09.09.2026

Direct flight between Belgrade and Tashkent opens within eight months

Regular air traffic between Belgrade and Tashkent can be launched within the next seven to eight months. President of Serbia Aleksandar Vucic stated this at the Serbia Uzbekistan business forum in Belgrade.

According to the Serbian leader, the issue of arranging a direct route can be resolved within the specified timeframe....

Regular air traffic between Belgrade and Tashkent can be launched within the next seven to eight months. President of Serbia Aleksandar Vucic stated this at the Serbia Uzbekistan business forum in Belgrade.

According to the Serbian leader, the issue of arranging a direct route can be resolved within the specified timeframe....

Pharmaceutical and Healthcare News

09.09.2026

Uzbekistan and Hungary expand cooperation in pharmaceuticals

Uzbekistan and Hungary discuss prospects for expanding cooperation in the pharmaceutical sector, including attracting investment, introducing modern technologies, and executing joint projects. This is reported by the Agency for the Development of the Medical and Pharmaceutical Industry.

On 8 September, Ambassador Extraordinary and Plenipotentiary of Hungary to Uzbekistan Jozsef Rozsa met...

Uzbekistan and Hungary discuss prospects for expanding cooperation in the pharmaceutical sector, including attracting investment, introducing modern technologies, and executing joint projects. This is reported by the Agency for the Development of the Medical and Pharmaceutical Industry.

On 8 September, Ambassador Extraordinary and Plenipotentiary of Hungary to Uzbekistan Jozsef Rozsa met...

09.09.2026

Uzbekistan and Turkiye discuss medicine prices

Uzbekistan and Turkiye review pricing regulation mechanisms for medicines, including the determination and revision of reference prices.

The meeting took place on 7 September 2026 within an official working visit of the delegation of Uzbekistan to Turkiye with the leadership of the Turkish Medicines and Medical Devices Agency under the Ministry...

Uzbekistan and Turkiye review pricing regulation mechanisms for medicines, including the determination and revision of reference prices.

The meeting took place on 7 September 2026 within an official working visit of the delegation of Uzbekistan to Turkiye with the leadership of the Turkish Medicines and Medical Devices Agency under the Ministry...

09.09.2026

Chinese companies show interest in pharmaceutical projects in Uzbekistan

Director of the Agency for the Development of the Medical and Pharmaceutical Industry Abdulla Azizov holds a meeting with representatives of Chinese companies led by Zhang Xun, during which prospects for expanding cooperation between Uzbekistan and China in pharmaceutical and medical fields were discussed.

The parties reviewed joint projects, investment attraction,...

Director of the Agency for the Development of the Medical and Pharmaceutical Industry Abdulla Azizov holds a meeting with representatives of Chinese companies led by Zhang Xun, during which prospects for expanding cooperation between Uzbekistan and China in pharmaceutical and medical fields were discussed.

The parties reviewed joint projects, investment attraction,...

Regional News

09.09.2026

Moscow Exchange Index tops 2,300 points as Ukrainian talks progress

The Russian market continues its advance. From modest early morning gains, the Moscow Exchange Index shifted to confident growth and passed the 2,300 point mark, reacting to announcements that Vladimir Putin scheduled an international telephone call for the afternoon. Media outlets suggest discussions may involve Donald Trump, given statements by...

The Russian market continues its advance. From modest early morning gains, the Moscow Exchange Index shifted to confident growth and passed the 2,300 point mark, reacting to announcements that Vladimir Putin scheduled an international telephone call for the afternoon. Media outlets suggest discussions may involve Donald Trump, given statements by...

09.09.2026

Foreign direct investment inflows into Georgian economy fall by twenty two per cent in first half

Foreign direct investment into the Georgian economy totalled 750.1 million dollars in January to June 2026, marking a 22 per cent decline compared with the matching period of last year, the National Statistics Office reported.

In the second quarter, foreign direct investment inflows reached 468.8 million dollars (down 23.2 per cent...

Foreign direct investment into the Georgian economy totalled 750.1 million dollars in January to June 2026, marking a 22 per cent decline compared with the matching period of last year, the National Statistics Office reported.

In the second quarter, foreign direct investment inflows reached 468.8 million dollars (down 23.2 per cent...

09.09.2026

China directs 360 billion yuan toward financial system consolidation

Eight major Chinese state financial institutions presented capital replenishment plans totalling 360 billion yuan (approximately 53.1 billion dollars). The capital aims to enhance financial institution resilience and expand lending capacities for the real economy.

Agricultural Bank of China and Industrial and Commercial Bank of China will raise the largest volumes, planning...

Eight major Chinese state financial institutions presented capital replenishment plans totalling 360 billion yuan (approximately 53.1 billion dollars). The capital aims to enhance financial institution resilience and expand lending capacities for the real economy.

Agricultural Bank of China and Industrial and Commercial Bank of China will raise the largest volumes, planning...

09.09.2026

China’s import growth benefits global businesses

China's imports grew faster than exports for a sixth consecutive month in August, with industrial upgrading and continued opening-up sustaining import momentum and creating wider opportunities for global businesses, government officials and business executives said on Tuesday.

The country's imports rose 22 percent year-on-year to 14.61 trillion yuan ($2.18 trillion) in...

China's imports grew faster than exports for a sixth consecutive month in August, with industrial upgrading and continued opening-up sustaining import momentum and creating wider opportunities for global businesses, government officials and business executives said on Tuesday.

The country's imports rose 22 percent year-on-year to 14.61 trillion yuan ($2.18 trillion) in...