Tashkent, Uzbekistan (UzDaily.uz) — Japanese corporation ITOCHU and Deutsche Bank AG have joined the Foreign Investors Council under the President of Uzbekistan.
The decision to admit the new members was made on 4 November at a meeting of the Council’s Executive Committee chaired by Minister of Investment, Industry and Trade Laziz Kudratov.
The meeting was held at the Ministry of Investment, Industry and Trade. Participants included Andi Aranitasi, Head of the European Bank for Reconstruction and Development’s Resident Office in Uzbekistan; Kanokpan Lao-Araya, Country Director of the Asian Development Bank; Neil McCain, Regional Manager of the International Finance Corporation; and Aziz Gafurov, Head of the Council’s Secretariat.
Participants reviewed a report on the Secretariat’s activities during the first ten months of 2026. Discussions covered the work of ten interagency groups, the promotion of investor initiatives, the establishment of the Regional Alliance of Investment Councils of Central Asia and the Caucasus (RAIC-CAC), and cooperation with business associations.
The Council currently brings together more than 40 companies and financial institutions from over 15 countries.
The meeting also approved a work plan through the end of 2027. It предусматривает around 70 working group meetings, interim Council sessions on 25 November 2026, 18 May and 23 November 2027, and the fifth plenary session on 14–16 June 2027.
A RAIC-CAC meeting is scheduled to take place in Tashkent on 9 April 2027, while a presentation of the Investment Outlook is expected early next year.
The Council’s 2026 annual report will be presented on 16 December at the FIC Year-end Session.
The report is expected to include the results of a nationwide survey of more than 1,000 respondents on the impact of foreign investment on Uzbekistan’s economy. The survey is being conducted by the ministry.
