Economy
Economy
IEA expects Russian gas supplies to Uzbekistan to exceed 10 bcm in 2026
The International Energy Agency expects Russian natural gas supplies to Uzbekistan via the Central Asia-Center pipeline system to reach over 10 billion cubic meters in …
Uzbekistan aims to develop "desert economy" to combat land degradation
President Shavkat Mirziyoyev reviewed proposals to expand afforestation and establish a "desert economy" focusing on halophytes, seed production, and ecotourism …
Ferghana region to construct $65 million biomass processing plant
A new cogeneration plant will be built in Uzbekistan's Ferghana region in partnership with South Korean companies to convert agricultural …
Power outage hits Tashkent's Uchtepa district due to substation malfunction
A short-term electricity supply disruption affected parts of Tashkent's Uchtepa district following a relay protection trigger at the Karvon substation.
Uzbekistan parliament passes bill on special tax regime for foreigners
The Legislative Chamber of Uzbekistan approved a bill establishing a special tax regime that exempts foreigners from taxing their global …
Uzbekistan proposes digital marking for jewelry items
The Cabinet of Ministers of Uzbekistan has drafted a resolution to phase in mandatory digital tracking for jewelry and precious …
Uzbekneftegaz reduces debt and increases oil depot profitability
Uzbekneftegaz reported strong financial recovery for the first half of 2026, lowering its debt load, saving 219 billion soums on …
Uzbekistan and Japan expand energy partnership
Uzbekistan's Minister of Energy Jurabek Mirzamahmudov met with a Japanese KEIDANREN delegation to discuss ongoing and future energy projects worth …
Mirziyoyev discusses expanding investment partnership with BlackRock
Uzbekistan's President Shavkat Mirziyoyev met with BlackRock board member Adebayo Ogunlesi to discuss strategic cooperation in energy, privatization, and artificial …
World Bank Group: Three Sector Reforms Could Attract Up to $6.4 Billion in Private Investment to Uzbekistan
A new World Bank Group diagnostic report reveals that targeted sector-level reforms in logistics, tourism, and pharmaceuticals could unlock up …