Uzbekistan and Vietnam Deepen Economic Cooperation at 8th Intergovernmental Session
The 8th session of the Uzbekistan-Vietnam Intergovernmental Committee took place in Hanoi. The sides discussed trade, industry, agriculture, tourism, and culture, confirming their intention to develop joint investment projects and strengthen bilateral economic ties.
Imports from Russia Could Quadruple by 2030
Russia is preparing to sharply increase gas exports to Central Asia in a bid to replace lost European markets. According to a forecast by Gazprombank, the main volume of growth will be in Uzbekistan: supplies to the republic could increase from 3 to 12 billion cubic meters per year.
President of Uzbekistan outlines priorities for cooperation with Sojitz Corporation
President of the Republic of Uzbekistan Shavkat Mirziyoyev received Sojitz Corporation executives Masayoshi Fujimoto and Kosuke Uemura.
Russian Central Bank Assets Frozen Permanently — EU Decision
European Union governments have agreed to freeze Russian Central Bank assets held in Europe indefinitely, amounting to approximately €210 billion, Reuters reports. Previously, the freeze had to be renewed every six months.
The first official trade house and showroom for Uzbek products has opened in Germany
The opening ceremony of the first trade house and showroom for Uzbek products, "UZ Trade House Germany," was held in the center of Berlin, Germany's capital, at the initiative of the Chamber of Commerce and Industry of Uzbekistan, the Embassy of our country in Germany, and German companies. The trade house will serve as the official representative of our country's Chamber of Commerce and Industry in Germany.
Uzbekistan and Afghanistan Solidify $36 Million Trade Agreements
During a trade fair held in Kabul, entrepreneurs from Uzbekistan and Afghanistan signed preliminary agreements totaling $36 million.
Project of the Century: OTS Secretary General calls China–Kyrgyzstan–Uzbekistan railway key transport corridor
The construction of the China–Kyrgyzstan–Uzbekistan railway is set to become one of the most significant infrastructure projects in Central Asia, strengthening regional connectivity across the Turkic world. This was stated by the Secretary General of the Organization of Turkic States (OTS), Kubanychbek Omuraliev, in an interview with Sputnik Uzbekistan.
Uzbekistan and Slovenia are strengthening investment and trade cooperation
Uzbekistan’s Minister of Investments, Industry and Trade, Laziz Kudratov, paid a working visit to Slovenia, holding key meetings with Deputy Prime Minister and Minister of Foreign and European Affairs Tanja Fajon and Minister of Economy, Tourism and Sport Matjaž Han.
Uzbekistan increased its foreign trade to $31 billion
Uzbekistan continues to demonstrate positive dynamics in its foreign economic activity. According to the State Statistics Committee, in January-May of this year, the volume of the country's foreign trade turnover reached $31.3 billion. This is 15% more than in the same period of 2024, with an increase of 4 billion dollars in absolute terms.
Uzbekistan announced the volumes of extraction of key resources
The oil and gas and energy sectors of Uzbekistan are demonstrating stable dynamics: 390 thousand tons of automobile gasoline were produced in January-April 2025, as well as significant volumes of other key resources.
Funds in Swiss Banks Redirected to Healthcare and Education
Illegally obtained assets confiscated in Switzerland are being redirected toward the healthcare and education sectors at the initiative of the President of the Republic of Uzbekistan, Shavkat Mirziyoyev. This was reported on the official page of the Ministry of Economy and Finance.
Car Imports to Uzbekistan Are Increasing
In January-February 2025, 4,415 passenger cars were imported into Uzbekistan from abroad. According to the National Statistics Committee, the total value of these vehicles amounted to $75.9 million USD.
A poultry cluster will be established in Syrdarya region
The project will be implemented by the Hungarian company ZA-Invest Poultry. This was announced during a meeting between Deputy Prime Minister Jamshid Khodjaev and Gergely Pokos, a representative of Hungary’s OTP Group.
The US is losing $4 trillion due to Trump's policies
Donald Trump's policy of introducing new tariffs has had serious consequences for the US stock market. In a month, the S&P 500 index lost more than $4 trillion in value, the Nasdaq fell by 10%, and companies like Tesla are losing billions in a single day.
China May Target US Agricultural Products
China is considering a series of countermeasures in response to the new import tariffs imposed by the US. According to the state-backed Global Times, these measures may specifically target US agricultural products.
Applications for mortgage loan subsidies will be accepted starting from March 3
Applications for mortgage loan subsidies will be accepted starting from March 3. Within the program, subsidies for mortgage loans will be allocated to 30,000 applicants. This was announced by the Ministry of Economy and Finance.
Uzbekistan is strengthening cooperation with the Organization of Turkic States
President of Uzbekistan Shavkat Mirziyoyev held a meeting on February 18 in Tashkent with the Chairman of the Council of Elders of the Organization of Turkic States (OTS), former Prime Minister of Turkey Binali Yildirim. In addition to participating in the urban planning forum, Yildirim's visit was dedicated to strengthening cooperation between the Turkic countries.
India and the US to Increase Trade Volume to $500 Billion
The United States and India aim to increase their bilateral trade volume to $500 billion (€478 billion) by 2030. Indian Prime Minister Narendra Modi announced this during a press conference with US President Donald Trump in Washington on Thursday, February 13.
Permission Granted to Establish Microfinance Banks
A "link" connecting microfinance organizations and commercial banks will now be established, along with the ability to attract additional financial resources, including deposits, for microfinance institutions.
Europe has reached a two-year high in gas prices
The exchange price of gas in Europe has jumped sharply, exceeding $620 per thousand cubic meters for the first time since 2023. The main reason is the cessation of Russian gas transit through Ukraine, which has increased instability in the EU energy market.