On 6 October, the 13th joint meeting of the Uzbek Russian and Russian Uzbek business councils takes place in Fergana. Representatives of ministries and agencies of the two countries, territorial chambers of commerce and industry, and business circles participate in the event. The Chamber of Commerce and Industry of Uzbekistan reports this.
Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan Odilkhon Rustamov and Executive Director of the Russian Uzbek Business Council Fyodor Degtyaryov conduct the meeting.
Deputy Minister of Economic Development of the Russian Federation Vladimir Ilyichev, Vice President of the Chamber of Commerce and Industry of Russia Vladimir Padalko, and Deputy Head of the Department of Investments and Light Industry of the Fergana region Jakhongir Akramov deliver welcoming speeches at the opening.
During the meeting, entrepreneurs from the two countries present projects in textile manufacturing, the agroindustrial complex, logistics, robotics, and artificial intelligence. Participants also discuss opportunities to create joint manufacturing operations and introduce output to the markets of Russia and Central Asian countries.
A separate block of negotiations addresses the development of women entrepreneurship. Representatives of the Sharq Ayoli International Public Foundation and the All Russian Public Organisation Women of Business present their experience and discuss cooperation prospects in this sphere.
Following the meeting, the reached agreements receive confirmation through several documents.
Specifically, the Federal Corporation for the Development of Small and Medium Enterprises, the Russian Uzbek Business Council, and the Uzbek Russian Business Council sign a memorandum of understanding.
Furthermore, the Fergana Territorial Department of the Chamber of Commerce and Industry of Uzbekistan, the Chamber of Commerce and Industry of the Tyumen region, and the Chamber of Commerce and Industry of the Southern Urals conclude memorandums of cooperation.
The reached understandings aim to expand direct contacts between entrepreneurs of the two countries, execute new joint projects, and further develop trade and economic cooperation.
Reported by the Uzbekistan Daily.
President of Uzbekistan visits Turkmenistan on a working visit on 7 to 9 October. In Avaza, the eighth Consultative Meeting of the Heads of State of Central Asia and Azerbaijan and the regular summit of the Commonwealth of Independent States will take place.
President of Uzbekistan Shavkat Mirziyoyev visits Turkmenistan on...
President of Uzbekistan visits Turkmenistan on a working visit on 7 to 9 October. In Avaza, the eighth Consultative Meeting of the Heads of State of Central Asia and Azerbaijan and the regular summit of the Commonwealth of Independent States will take place.
President of Uzbekistan Shavkat Mirziyoyev visits Turkmenistan on...
Special Advisor to the Prime Minister of Japan Yoshimasa Uno and First Deputy Minister of Economy and Finance of Uzbekistan Ilkhom Norkulov discuss prospects for expanding bilateral cooperation on 6 October.
The meeting focused on trade and economic, infrastructural, and innovative areas, as well as new spheres of engagement. The Ministry...
Special Advisor to the Prime Minister of Japan Yoshimasa Uno and First Deputy Minister of Economy and Finance of Uzbekistan Ilkhom Norkulov discuss prospects for expanding bilateral cooperation on 6 October.
The meeting focused on trade and economic, infrastructural, and innovative areas, as well as new spheres of engagement. The Ministry...
Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov holds meeting with Ambassador Extraordinary and Plenipotentiary of Switzerland to Uzbekistan Simon Geissbühler on 6 October.
The parties reviewed prospects for the further expansion of trade, economic, and investment cooperation, as well as opportunities to deliver new joint projects.
Special attention was...
Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov holds meeting with Ambassador Extraordinary and Plenipotentiary of Switzerland to Uzbekistan Simon Geissbühler on 6 October.
The parties reviewed prospects for the further expansion of trade, economic, and investment cooperation, as well as opportunities to deliver new joint projects.
Special attention was...
In January to June 2026, average nominal monthly wages in Uzbekistan expand by 18.4 per cent and reach 7.1 million soum. Accounting for inflation, real wages increase by 10.9 per cent. Across regions, only in the Andijan region real wage growth fails to reach 8 per cent; in the Jizzakh...
In January to June 2026, average nominal monthly wages in Uzbekistan expand by 18.4 per cent and reach 7.1 million soum. Accounting for inflation, real wages increase by 10.9 per cent. Across regions, only in the Andijan region real wage growth fails to reach 8 per cent; in the Jizzakh...
As of 1 July 2026, gross external debt of Uzbekistan reaches 84.1 billion dollar. Of this sum, 41.7 billion dollar represents public external debt, and 42.4 billion dollar represents corporate debt. Total external debt grows by 11.9 billion dollar, or by 16.5 per cent, compared to the corresponding period of...
As of 1 July 2026, gross external debt of Uzbekistan reaches 84.1 billion dollar. Of this sum, 41.7 billion dollar represents public external debt, and 42.4 billion dollar represents corporate debt. Total external debt grows by 11.9 billion dollar, or by 16.5 per cent, compared to the corresponding period of...
Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov held negotiations on 6 October with Ambassador Extraordinary and Plenipotentiary of Oman to Uzbekistan Wafa Jabr Nasser Al Busaidi.
The parties discussed the state of trade and economic relations and prospects for their further development.
Special attention was paid to accelerating the...
Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov held negotiations on 6 October with Ambassador Extraordinary and Plenipotentiary of Oman to Uzbekistan Wafa Jabr Nasser Al Busaidi.
The parties discussed the state of trade and economic relations and prospects for their further development.
Special attention was paid to accelerating the...
Following 2026 outcomes, Uzbekneftegaz expects extraction of 22.8 billion cubic metres of natural gas. This stands 9.5% below the indicator of last year and beneath the plan presented in January.
Company Uzbekneftegaz expects that in 2026 natural gas extraction volume will stand at 22.8 billion cubic metres. First Deputy Chairman of...
Following 2026 outcomes, Uzbekneftegaz expects extraction of 22.8 billion cubic metres of natural gas. This stands 9.5% below the indicator of last year and beneath the plan presented in January.
Company Uzbekneftegaz expects that in 2026 natural gas extraction volume will stand at 22.8 billion cubic metres. First Deputy Chairman of...
President of Uzbekistan Shavkat Mirziyoyev received founder of Lukoil corporation Vagit Alekperov on 6 October.
During the meeting, the parties reviewed active operations of the Russian enterprise in the energy sector of Uzbekistan and prospects for subsequent cooperation.
Alekperov presented information to the Head of State on the progress of executing Lukoil...
President of Uzbekistan Shavkat Mirziyoyev received founder of Lukoil corporation Vagit Alekperov on 6 October.
During the meeting, the parties reviewed active operations of the Russian enterprise in the energy sector of Uzbekistan and prospects for subsequent cooperation.
Alekperov presented information to the Head of State on the progress of executing Lukoil...
Following outcomes of eight months of 2026, trade turnover between Uzbekistan and Russia grows by 10 per cent. This was stated at the 27th meeting of the Intergovernmental Commission on Economic Cooperation between Uzbekistan and the Russian Federation, which took place on 6 October in Fergana.
Bringing trade turnover to 30...
Following outcomes of eight months of 2026, trade turnover between Uzbekistan and Russia grows by 10 per cent. This was stated at the 27th meeting of the Intergovernmental Commission on Economic Cooperation between Uzbekistan and the Russian Federation, which took place on 6 October in Fergana.
Bringing trade turnover to 30...
In September, inflation in Uzbekistan rose to 0.7% from 0.2% in August. Since the start of the year, it slowed from 5.1% to 4.2%. Prices grew most for eggs, vegetables, AI 95 petrol, propane, as well as education services. Over the year, prices increased significantly for propane (49%), tomatoes (55%),...
In September, inflation in Uzbekistan rose to 0.7% from 0.2% in August. Since the start of the year, it slowed from 5.1% to 4.2%. Prices grew most for eggs, vegetables, AI 95 petrol, propane, as well as education services. Over the year, prices increased significantly for propane (49%), tomatoes (55%),...
Director General of the Food and Agriculture Organisation of the United Nations Qu Dongyu visited Tashkent State Agrarian University within his visit to Uzbekistan.
Together with Minister of Agriculture of Uzbekistan Ibrokhim Abdurakhmonov, he familiarised himself with educational and scientific potential of the university. The Ministry of Agriculture of Uzbekistan reports...
Director General of the Food and Agriculture Organisation of the United Nations Qu Dongyu visited Tashkent State Agrarian University within his visit to Uzbekistan.
Together with Minister of Agriculture of Uzbekistan Ibrokhim Abdurakhmonov, he familiarised himself with educational and scientific potential of the university. The Ministry of Agriculture of Uzbekistan reports...
Minister of Agriculture of Uzbekistan Ibrokhim Abdurakhmonov met Minister of Agriculture, Irrigation and Livestock of Afghanistan Attaullah Omari, who arrived in Tashkent to participate in international events taking place on 7 and 8 October. The Ministry of Agriculture of Uzbekistan reports this.
During the meeting, the parties discussed the state of...
Minister of Agriculture of Uzbekistan Ibrokhim Abdurakhmonov met Minister of Agriculture, Irrigation and Livestock of Afghanistan Attaullah Omari, who arrived in Tashkent to participate in international events taking place on 7 and 8 October. The Ministry of Agriculture of Uzbekistan reports this.
During the meeting, the parties discussed the state of...
The Central Bank of Uzbekistan bought 8 tonnes of gold in August 2026. Since the beginning of the year, its purchases approached 50 tonnes.
This is stated in a review by the World Gold Council. According to data of the council, the share of gold in total reserve volume of Uzbekistan...
The Central Bank of Uzbekistan bought 8 tonnes of gold in August 2026. Since the beginning of the year, its purchases approached 50 tonnes.
This is stated in a review by the World Gold Council. According to data of the council, the share of gold in total reserve volume of Uzbekistan...
Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov held a meeting with Minister of Mining of the People's Democratic Republic of Algeria Mourad Hanifi, who visits Uzbekistan.
The parties discussed the further development of cooperation between the two nations across mining and geological spheres.
According to Bakhtiyor Saidov, relations between Uzbekistan and...
Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov held a meeting with Minister of Mining of the People's Democratic Republic of Algeria Mourad Hanifi, who visits Uzbekistan.
The parties discussed the further development of cooperation between the two nations across mining and geological spheres.
According to Bakhtiyor Saidov, relations between Uzbekistan and...
Deputy Minister of Mining Industry and Geology of Uzbekistan U. Yusupov held a meeting on 6 October with a Japanese delegation led by Special Advisor to the Prime Minister of Japan Yoshimasa Uno.
Ambassador Extraordinary and Plenipotentiary of Japan to Uzbekistan Kenji Hirata took part in the negotiations as well.
The parties...
Deputy Minister of Mining Industry and Geology of Uzbekistan U. Yusupov held a meeting on 6 October with a Japanese delegation led by Special Advisor to the Prime Minister of Japan Yoshimasa Uno.
Ambassador Extraordinary and Plenipotentiary of Japan to Uzbekistan Kenji Hirata took part in the negotiations as well.
The parties...
In Uzbekistan in territories without gas supply, the baseline electricity consumption allowance in the heating season increases from 200 to 350 kilowatt hours. President Shavkat Mirziyoyev approved the proposal.
President of Uzbekistan Shavkat Mirziyoyev approved a proposal at a meeting on 6 October to increase the baseline electricity consumption allowance from...
In Uzbekistan in territories without gas supply, the baseline electricity consumption allowance in the heating season increases from 200 to 350 kilowatt hours. President Shavkat Mirziyoyev approved the proposal.
President of Uzbekistan Shavkat Mirziyoyev approved a proposal at a meeting on 6 October to increase the baseline electricity consumption allowance from...
Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov held a meeting on 6 October with Chief Business Development and Project Development Officer of Masdar company Abdullah Mohammad Abdullah Zayed.
The parties discussed execution of operational projects and prospects of new ventures across renewable energy.
During negotiations, the current state of...
Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov held a meeting on 6 October with Chief Business Development and Project Development Officer of Masdar company Abdullah Mohammad Abdullah Zayed.
The parties discussed execution of operational projects and prospects of new ventures across renewable energy.
During negotiations, the current state of...
By 2030, installed capacity of wind power stations in Uzbekistan is planned to expand to more than 10 gigawatts. Amid expansion of new capacities, wind energy may occupy a more significant place in the structure of renewable energy sources of the country. The Ministry of Energy reports this.
One of the...
By 2030, installed capacity of wind power stations in Uzbekistan is planned to expand to more than 10 gigawatts. Amid expansion of new capacities, wind energy may occupy a more significant place in the structure of renewable energy sources of the country. The Ministry of Energy reports this.
One of the...
In Uzbekistan, execution of the second stage of projects for thermal processing of solid municipal waste with subsequent electricity generation began. Following completion of all planned projects, the system will encompass all regions of the country.
Head of department at the Agency for Waste Management and Circular Economy Development Aziza Nazarova...
In Uzbekistan, execution of the second stage of projects for thermal processing of solid municipal waste with subsequent electricity generation began. Following completion of all planned projects, the system will encompass all regions of the country.
Head of department at the Agency for Waste Management and Circular Economy Development Aziza Nazarova...
In the new stage of industrial development, Uzbekistan relies on deep processing of local raw materials, manufacturing products with high added value, technological innovations, cooperation between large enterprises and small businesses, and integration into global supply chains. These new growth points appear in analytical material of the Ministry of Economy...
In the new stage of industrial development, Uzbekistan relies on deep processing of local raw materials, manufacturing products with high added value, technological innovations, cooperation between large enterprises and small businesses, and integration into global supply chains. These new growth points appear in analytical material of the Ministry of Economy...
A meeting with a delegation of Latvian entrepreneurs arriving in the country within a trade mission took place at the Chamber of Commerce and Industry of Uzbekistan.
Negotiations proceeded on the eve of the Uzbek Latvian business forum scheduled for 8 October in Tashkent. The Chamber of Commerce and Industry of...
A meeting with a delegation of Latvian entrepreneurs arriving in the country within a trade mission took place at the Chamber of Commerce and Industry of Uzbekistan.
Negotiations proceeded on the eve of the Uzbek Latvian business forum scheduled for 8 October in Tashkent. The Chamber of Commerce and Industry of...
UzAuto Motors accepts orders for Chevrolet Cobalt and Damas motor cars on instalment terms without bank participation starting from 7 October. Purchasing vehicles under instalment terms is possible via official Chevrolet dealership centres.
For Chevrolet Cobalt, a down payment of 50% of vehicle cost is provided for, with an instalment term...
UzAuto Motors accepts orders for Chevrolet Cobalt and Damas motor cars on instalment terms without bank participation starting from 7 October. Purchasing vehicles under instalment terms is possible via official Chevrolet dealership centres.
For Chevrolet Cobalt, a down payment of 50% of vehicle cost is provided for, with an instalment term...
Uzbekistan occupies second place among 20 countries by level of satisfaction with the state healthcare system: in 2026, 82% of residents of the republic positively assessed its work, which stands 13 percentage points higher than a year earlier. Concurrently, 55% of the population deploy artificial intelligence in health matters, yet...
Uzbekistan occupies second place among 20 countries by level of satisfaction with the state healthcare system: in 2026, 82% of residents of the republic positively assessed its work, which stands 13 percentage points higher than a year earlier. Concurrently, 55% of the population deploy artificial intelligence in health matters, yet...
State corporation Rosatom consolidates 100 per cent of Delo Group after acquiring the controlling stake from its founder Sergey Shishkarev. The businessman retains no executive positions within the enterprise, whilst key managers associated with him have departed from the holding company. Rosatom must integrate Delo with its remaining transport assets,...
State corporation Rosatom consolidates 100 per cent of Delo Group after acquiring the controlling stake from its founder Sergey Shishkarev. The businessman retains no executive positions within the enterprise, whilst key managers associated with him have departed from the holding company. Rosatom must integrate Delo with its remaining transport assets,...
The Moscow Exchange index rises 0.7 per cent to 2,344.9 points by 12:00 Moscow time. The Russian Trading System index gains 0.7 per cent to 861.84 points, while the blue chip index advances 0.67 per cent.
Expectations of an improving geopolitical backdrop provide the primary support to the Russian equity market...
The Moscow Exchange index rises 0.7 per cent to 2,344.9 points by 12:00 Moscow time. The Russian Trading System index gains 0.7 per cent to 861.84 points, while the blue chip index advances 0.67 per cent.
Expectations of an improving geopolitical backdrop provide the primary support to the Russian equity market...
The Bank of Russia lowers the official dollar exchange rate for 8 October to 85.4811 roubles from 85.7116 roubles a day earlier, central bank documentation indicates.
The euro exchange rate was raised to 96.3287 roubles from 96.0313 roubles on the preceding day, while the yuan exchange rate stands at 12.7516 roubles...
The Bank of Russia lowers the official dollar exchange rate for 8 October to 85.4811 roubles from 85.7116 roubles a day earlier, central bank documentation indicates.
The euro exchange rate was raised to 96.3287 roubles from 96.0313 roubles on the preceding day, while the yuan exchange rate stands at 12.7516 roubles...
Japanese companies leave the Chinese market at record speeds amid an economic slowdown in China and severe competition. The hawkish stance of Prime Minister Sanae Takaichi leaves no grounds for optimism regarding improvements. Yet the aggregate contraction in foreign investment into the Chinese economy signals a structural realignment of international...
Japanese companies leave the Chinese market at record speeds amid an economic slowdown in China and severe competition. The hawkish stance of Prime Minister Sanae Takaichi leaves no grounds for optimism regarding improvements. Yet the aggregate contraction in foreign investment into the Chinese economy signals a structural realignment of international...
Over January to August 2026, Chinese exports expanded by 14.6 per cent in yuan terms, while dispatches to Russia increased by 30.7 per cent to reach 84.7 billion dollars. The composition of shipments transforms as machinery, electronics, components, and motor vehicles command larger shares. Across eight months, China delivered over...
Over January to August 2026, Chinese exports expanded by 14.6 per cent in yuan terms, while dispatches to Russia increased by 30.7 per cent to reach 84.7 billion dollars. The composition of shipments transforms as machinery, electronics, components, and motor vehicles command larger shares. Across eight months, China delivered over...
BRICS Pay will begin testing corporate settlements without extended intermediary banking chains in the second half of 2027, announces Andrey Mikhaylishin, Director General of BRICS Pay Joint Stock Company.
BRICS Pay must provide enterprises with an alternative channel for direct transfers between national payment networks, the expert explained. This will curtail...
BRICS Pay will begin testing corporate settlements without extended intermediary banking chains in the second half of 2027, announces Andrey Mikhaylishin, Director General of BRICS Pay Joint Stock Company.
BRICS Pay must provide enterprises with an alternative channel for direct transfers between national payment networks, the expert explained. This will curtail...
