Issue 1818 - 18.04.2025
18.04.2025

Uzbek Foreign Minister attends third meeting of the CA–GCC Strategic Dialogue

Uzbekistan’s Minister of Foreign Affairs, Bakhtiyor Saidov, took part in the third meeting of foreign ministers within the framework of the Strategic Dialogue between Central Asia and the Gulf Cooperation Council (GCC).

“We sincerely thank Foreign Minister Abdullah Ali Al-Yahya for the warm hospitality and the excellent organization of this important event. During the meeting, we discussed the most pressing issues and developed practical approaches to further strengthening and expanding our dynamically growing partnership,” Saidov noted on his official Telegram channel.

He also emphasized the importance of the upcoming Samarkand Summit, scheduled for May 5, calling it a crucial milestone in deepening cooperation between Central Asian countries and the Gulf states.

“United by shared values, strategic potential, and a common vision, we are opening a new chapter in the history of cooperation between our regions,” the Uzbek foreign minister concluded.

Reported by the Uzbekistan Daily.

Uzbekistan General

18.04.2025

Uzbekistan and EU discuss strategic cooperation and future prospects

On April 16, a meeting took place at the Ministry of Foreign Affairs of Uzbekistan with a delegation from the European Parliament, headed by MEP Tomáš Zdechovský.

According to the Foreign Ministry, the sides discussed the current state and future prospects of Uzbekistan–EU relations.

The dynamic development of bilateral ties in recent...

On April 16, a meeting took place at the Ministry of Foreign Affairs of Uzbekistan with a delegation from the European Parliament, headed by MEP Tomáš Zdechovský.

According to the Foreign Ministry, the sides discussed the current state and future prospects of Uzbekistan–EU relations.

The dynamic development of bilateral ties in recent...

Finance and Investment

18.04.2025

Uzbekistan appoints regulator for capital markets, insurance and gambling

On 17 April, President of Uzbekistan Shavkat Mirziyoyev signed a law that expands the powers of the National Agency for Perspective Projects (NAPP).

Under the amendments, NAPP is officially authorized as the regulatory body for capital markets and insurance services. Additionally, NAPP will now have the authority to organize lotteries.

The law...

On 17 April, President of Uzbekistan Shavkat Mirziyoyev signed a law that expands the powers of the National Agency for Perspective Projects (NAPP).

Under the amendments, NAPP is officially authorized as the regulatory body for capital markets and insurance services. Additionally, NAPP will now have the authority to organize lotteries.

The law...

18.04.2025

Uzbekistan's banks allowed to directly sell unsold assets at market price

Starting from 1 May 2025, banks that are more than 50% state-owned, as well as investment companies affiliated with them, will be allowed to sell unsold assets directly at market prices. This is outlined in a presidential decree signed on 15 April.

The decree concerns assets transferred to banks’ balance sheets...

Starting from 1 May 2025, banks that are more than 50% state-owned, as well as investment companies affiliated with them, will be allowed to sell unsold assets directly at market prices. This is outlined in a presidential decree signed on 15 April.

The decree concerns assets transferred to banks’ balance sheets...

18.04.2025

Uzbek Minister of Investments meets with delegation from Germany’s KfW Development Bank

On 15 April 2025, Laziz Kudratov, Minister of Investments, Industry and Trade of the Republic of Uzbekistan, held a meeting with a delegation from Germany’s KfW Development Bank, led by Executive Board Member Kristina Laibach.

The meeting focused on the progress of various joint projects in areas such as water supply,...

On 15 April 2025, Laziz Kudratov, Minister of Investments, Industry and Trade of the Republic of Uzbekistan, held a meeting with a delegation from Germany’s KfW Development Bank, led by Executive Board Member Kristina Laibach.

The meeting focused on the progress of various joint projects in areas such as water supply,...

Agriculture

18.04.2025

UK screens documentary on Regenerative Agriculture in Uzbekistan

The British Embassy in Uzbekistan, the Food and Agriculture Organization of the United Nations (FAO), the Ministry of Agriculture of the Republic of Uzbekistan, and Tashkent State Agrarian University co-hosted a special event highlighting the potential of regenerative agriculture in Uzbekistan. At the heart of the event was the screening...

The British Embassy in Uzbekistan, the Food and Agriculture Organization of the United Nations (FAO), the Ministry of Agriculture of the Republic of Uzbekistan, and Tashkent State Agrarian University co-hosted a special event highlighting the potential of regenerative agriculture in Uzbekistan. At the heart of the event was the screening...

18.04.2025

Uzbekistan and Azerbaijan discuss joint projects in food industry

A delegation from the Ministry of Agriculture of the Republic of Uzbekistan is currently on an official visit to the Republic of Azerbaijan.

The visit focuses on expanding investment cooperation, particularly the implementation of joint projects in the food industry.

As part of the visit, a meeting was held with representatives of...

A delegation from the Ministry of Agriculture of the Republic of Uzbekistan is currently on an official visit to the Republic of Azerbaijan.

The visit focuses on expanding investment cooperation, particularly the implementation of joint projects in the food industry.

As part of the visit, a meeting was held with representatives of...

Manufacturing industry

18.04.2025

Navoiazot and GIZ collaborate on project to reduce harmful gas emissions

Representatives of JSC Navoiazot met with delegates from the German Agency for International Cooperation (GIZ) and experts from the Nitric Acid Climate Action Group (NACAG).

During the meeting, the parties discussed the implementation of a project aimed at drastically reducing emissions of nitrogen oxide (I) from Nitric Acid Production Plant No....

Representatives of JSC Navoiazot met with delegates from the German Agency for International Cooperation (GIZ) and experts from the Nitric Acid Climate Action Group (NACAG).

During the meeting, the parties discussed the implementation of a project aimed at drastically reducing emissions of nitrogen oxide (I) from Nitric Acid Production Plant No....

18.04.2025

China’s Gaffluence plans to launch footwear production in Uzbekistan

Mirsaid Zakhidov, Deputy Chairman of the Uzcharmsanoat Association, held talks with representatives of Gaffluence Company, one of China’s leading footwear manufacturers.

During the meeting, the Chinese side presented a well-thought-out strategy for entering Uzbekistan’s leather and footwear market.

At the initial stage, the company plans to establish cooperation with local enterprises on...

Mirsaid Zakhidov, Deputy Chairman of the Uzcharmsanoat Association, held talks with representatives of Gaffluence Company, one of China’s leading footwear manufacturers.

During the meeting, the Chinese side presented a well-thought-out strategy for entering Uzbekistan’s leather and footwear market.

At the initial stage, the company plans to establish cooperation with local enterprises on...

18.04.2025

Uzbekistan and Chelyabinsk region representatives discuss localisation and joint ventures

On 16 April, a roundtable was held in Tashkent bringing together representatives from the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan, the Agency for International Cooperation of Russia’s Chelyabinsk Region, the Union of Mechanical Engineers of Russia, as well as executives from more than 15 leading...

On 16 April, a roundtable was held in Tashkent bringing together representatives from the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan, the Agency for International Cooperation of Russia’s Chelyabinsk Region, the Union of Mechanical Engineers of Russia, as well as executives from more than 15 leading...

18.04.2025

EBRD to provide €20 million to Uzbek cable manufacturer

The European Bank for Reconstruction and Development (EBRD) will provide a loan of up to €20 million to the joint venture Artikul Aziya Kabel (AAK), one of the leading producers of copper cables and wire products in Uzbekistan.

The financing aims to support the private sector and the development of local...

The European Bank for Reconstruction and Development (EBRD) will provide a loan of up to €20 million to the joint venture Artikul Aziya Kabel (AAK), one of the leading producers of copper cables and wire products in Uzbekistan.

The financing aims to support the private sector and the development of local...

Communications and Transportation

18.04.2025

Yandex Go service launched in Zarafshan (Uzbekistan).

Starting Thursday, residents and visitors of Zarafshan can use the Yandex Go service to order rides.

Users can choose the most suitable fare, and the process is completed in just a few steps.

To begin using the service, download the free Yandex Go app from the App Store or Google Play and...

Starting Thursday, residents and visitors of Zarafshan can use the Yandex Go service to order rides.

Users can choose the most suitable fare, and the process is completed in just a few steps.

To begin using the service, download the free Yandex Go app from the App Store or Google Play and...

Pharmaceutical and Healthcare News

18.04.2025

Uzbekistan and Pharmaniaga Berhad discuss halal insulin production

On 16 April, a meeting was held at the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan with the leadership of Malaysian company Pharmaniaga Berhad.

Founded in 1994, Pharmaniaga Berhad provides a wide range of healthcare services in both the public and private sectors. The company is also...

On 16 April, a meeting was held at the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan with the leadership of Malaysian company Pharmaniaga Berhad.

Founded in 1994, Pharmaniaga Berhad provides a wide range of healthcare services in both the public and private sectors. The company is also...

18.04.2025

Private clinics in Uzbekistan’s Syrdarya region caught underreporting doctors’ salaries to evade taxes

In the Syrdarya region, instances of systematic tax evasion by private medical institutions have been uncovered.

According to Erkinjon Turdimov, the acting governor of the region, tax authorities conducted an audit, which revealed that private clinics were underreporting the official salaries of their doctors.

The reported salaries ranged from 500,000 to 2.2...

In the Syrdarya region, instances of systematic tax evasion by private medical institutions have been uncovered.

According to Erkinjon Turdimov, the acting governor of the region, tax authorities conducted an audit, which revealed that private clinics were underreporting the official salaries of their doctors.

The reported salaries ranged from 500,000 to 2.2...

Regional News

18.04.2025

Shortage of personnel in Russia returns to local peak

The latest data from quarterly surveys of companies on the investment and personnel situation Reported by the Bank of Russia on April 16 shows notable trends. The slowdown in investment activity continued in the first quarter of 2025, while respondents expect it to stabilize in the second quarter. Capacity utilisation...

The latest data from quarterly surveys of companies on the investment and personnel situation Reported by the Bank of Russia on April 16 shows notable trends. The slowdown in investment activity continued in the first quarter of 2025, while respondents expect it to stabilize in the second quarter. Capacity utilisation...

18.04.2025

Oil price increase returns positive trend to Russian market

After a weak start to the day, the Russian stock market turned positive in the middle of the day. By 14:20 Moscow time, the Moscow Exchange index was growing by 0.2% to 2,867.07 points. The market is supported by the strengthening of oil prices, which today are confidently holding above...

After a weak start to the day, the Russian stock market turned positive in the middle of the day. By 14:20 Moscow time, the Moscow Exchange index was growing by 0.2% to 2,867.07 points. The market is supported by the strengthening of oil prices, which today are confidently holding above...

18.04.2025

Authorities reduce parallel imports of goods to Russia

The authorities are reducing the flow of parallel imports to Russia. Previously, the Ministry of Industry and Trade allowed businesses to import entire categories of goods, such as clothing, perfumes or cosmetics, but now only a limited number of brands will be allowed to import. The new order of the...

The authorities are reducing the flow of parallel imports to Russia. Previously, the Ministry of Industry and Trade allowed businesses to import entire categories of goods, such as clothing, perfumes or cosmetics, but now only a limited number of brands will be allowed to import. The new order of the...

18.04.2025

Container turnover at Global Ports terminals increases by 2.5% in January-March

The consolidated container cargo turnover of Global Ports marine terminals (part of the Delo Group of companies) increased by 2.5% in the first quarter of 2025 compared to the same period last year, to 304 thousand TEU, the company said.

Consolidated sea cargo turnover of non-containerized cargoes decreased by 3.2% to...

The consolidated container cargo turnover of Global Ports marine terminals (part of the Delo Group of companies) increased by 2.5% in the first quarter of 2025 compared to the same period last year, to 304 thousand TEU, the company said.

Consolidated sea cargo turnover of non-containerized cargoes decreased by 3.2% to...

18.04.2025

Transcontainer predicts stagnation of container market in 2025

Transcontainer (part of Delo Group of Companies) does not see any growth in the container market in 2025.

"In terms of volumes, we currently see near-zero dynamics of the container transportation market, about half a percent plus compared to last year's level, and unfortunately, we do not see such great growth...

Transcontainer (part of Delo Group of Companies) does not see any growth in the container market in 2025.

"In terms of volumes, we currently see near-zero dynamics of the container transportation market, about half a percent plus compared to last year's level, and unfortunately, we do not see such great growth...

18.04.2025

Manufacturers and importers submit data on future waste to Rosprirodnadzor

The first year of mandatory reporting under the expanded responsibility of manufacturers and importers for goods and packaging that will eventually become waste has shown that market participants are having difficulty fulfilling new responsibilities not only in paying the environmental fee for future disposal of goods, but also in providing...

The first year of mandatory reporting under the expanded responsibility of manufacturers and importers for goods and packaging that will eventually become waste has shown that market participants are having difficulty fulfilling new responsibilities not only in paying the environmental fee for future disposal of goods, but also in providing...

18.04.2025

Steel exports from Russia grow by 2.5% in 2025, while domestic demand falls by 6%

The Russian Steel Association expects steel exports to increase by 2.5% in 2025, said association President Alexei Sentyurin, speaking at the Scrap Ferrous and Non-Ferrous Metals forum.

"In 2021, we shipped the maximum export volumes of 31 million tonnes, they had to be reduced last year to 20 million tonnes, which...

The Russian Steel Association expects steel exports to increase by 2.5% in 2025, said association President Alexei Sentyurin, speaking at the Scrap Ferrous and Non-Ferrous Metals forum.

"In 2021, we shipped the maximum export volumes of 31 million tonnes, they had to be reduced last year to 20 million tonnes, which...

18.04.2025

China's investments in water infrastructure facilities increase in Q1 2025

In the first quarter of this year, China's investment in water infrastructure facilities increased by 2.9 percent. Year-on-year, it reached 198.81 billion yuan (about 27.58 billion US dollar). This is evidenced by the data published on Thursday.

In January March of this year, 6,034 new projects in the water sector were...

In the first quarter of this year, China's investment in water infrastructure facilities increased by 2.9 percent. Year-on-year, it reached 198.81 billion yuan (about 27.58 billion US dollar). This is evidenced by the data published on Thursday.

In January March of this year, 6,034 new projects in the water sector were...