According to the latest analytical data published by the World Tourism Organization (UN Tourism) in its World Tourism Barometer report, Uzbekistan ranked among the World’s Top 7 countries in terms of the fastest growth in inbound foreign tourism for January–September 2025. The number of international tourists visiting the country increased by 73 percent compared to
The World Bank’s Board of Executive Directors has approved a $100 million loan and a $5 million grant for Uzbekistan to implement the Access to Finance for Jobs and Growth Project (FINGROW). It will expand access to credit and private equity financing for capital-constrained micro, small, and medium enterprises (MSMEs). In Uzbekistan, MSMEs account for over
Kazakhstan’s Ministry of Water Resources and Irrigation has signed a memorandum of cooperation with a consortium of Chinese companies Yellow River Engineering Consulting Co. Ltd., Leture Technology and Cheng Cheng Group for the construction of a plant to produce smart technologies for water resource management and irrigation systems in the southern Kazakh city of Taraz.
On December 16 in London, the British publishing house Hertfordshire Press organized an international event dedicated to Kazakhstan’s Independence Day and the 180th anniversary of Abai Qunanbaiuly’s birth. More than 80 guests from around the world, from the UK to Australia, participated, expressing their support for Kazakh culture. Hertfordshire Press, which has specialized in translating
The Eurasian Development Bank (EDB) has released a new report as part of its flagship project Monitoring of Mutual Investments. New data show that investment activity in the Eurasian region continues to expand despite the global decline in foreign direct investment (FDI). Mutual FDI between the region’s countries reached a record US $48.4 billion at the
On December 16, under the chairmanship of President Shavkat Mirziyoyev, a meeting was held dedicated to the comprehensive socio-economic development of Tashkent, improving the urban environment, and creating decent living conditions for its population. It was noted that Tashkent has undergone significant changes in recent years. Over the past nine years, more than $20 billion
Kazakhstan has opened two modernized motor vehicle checkpoints—Kazygurt on the border with Uzbekistan and Temir-baba on the border with Turkmenistan—in an effort to boost trade and cargo transportation in the region, primeminister.kz reported. The checkpoints were reconstructed as part of the state program to modernize border infrastructure. The program covers nine checkpoints located on Kazakhstan’s
The “Kazakhstan-China” microsatellite, jointly developed by Al-Farabi Kazakh National University (KazNU) and China’s Northwestern Polytechnical University, successfully entered orbit at an altitude of 530 km on December 13, according to Kazakhstan’s Ministry of Science and Higher Education. This scientific research satellite was launched into orbit by Ziwei Aerospace, using Kuaizhou-11 launch vehicle. In 2024, KazNU
The Ministry of Economy and Commerce of the Kyrgyz Republic, in collaboration with the United Nations Development Programme (UNDP) in Kyrgyzstan, has begun developing the country’s first unified methodology for master planning growth hubs. To implement the Programme of the Cabinet of Ministers of the Kyrgyz Republic on the formation and development of growth hubs
The World Bank’s Board of Executive Directors has approved a $250 million financing package for Uzbekistan to improve municipal infrastructure and services for residents and businesses in 16 districts and cities across the country through the Livable and Productive Cities Program (LPCP). Over half of Uzbekistan’s 37 million people live in cities, a share expected to
On December 15, President Shavkat Mirziyoyev was briefed on the ongoing work in the water management sector to increase energy efficiency, develop research potential, and strengthen international cooperation. Plans to replace outdated and energy-intensive pumping units with modern, energy-efficient ones, were reviewed. For instance, in Karakalpakstan, there are 274 pumping stations that irrigate over 185
Kazakhstan has prepared an Export Roadmap for Processed Oilseed Products for 2026–2028. According to the Ministry of Agriculture, the Roadmap includes steps to expand the raw material base, modernize processing plants, develop logistics, and support farmers. The main goal is to increase the export of processed oilseed products—sunflower oil and sunflower millcake, an important component
U.S. Chargé d’affaires, a.i. Carson Relitz Rocker emphasized the strategic importance of critical minerals and rare earths in the global economy at the 2nd Annual International Mining and Metallurgical Investment Forum in Dushanbe last week, according to the U.S. Embassy in Tajikistan. Chargé Relitz Rocker highlighted Tajikistan’s abundant mineral resources as a key opportunity for sustainable
The project board meeting of the United Nations Development Programme (UNDP) project “Enhancing the resilience of the local population and promoting green, inclusive development of the most vulnerable communities in the Aral Sea region” convened last week in Tashkent in partnership with the Ministry of Agriculture of Uzbekistan and the Council of Ministers of the Republic
On December 12, President of Uzbekistan Shavkat Mirziyoyev participated in an International Forum in Ashgabat dedicated to the 30th anniversary of the proclamation of Turkmenistan’s permanent neutrality, the International Day of Neutrality, and the declaration of 2025 as the “International Year of Peace and Trust”. The event, chaired by President of Turkmenistan Serdar Berdimuhamedov, was
On December 11, Kazakhstan President Kassym-Jomart Tokayev and Iranian President Masoud Pezeshkian participated in the Kazakh-Iranian Business Forum in Astana. Tokayev reported that last year, bilateral trade exceeded $340 million. “We agreed to significantly increase trade turnover between our countries, with the goal of reaching $1 billion initially and $2 billion in the next stage.
The cover story of the latest issue of OCA Magazine’s special edition, OCA People, features Mariiam Tobokelova, an outstanding Kyrgyz musician and komuz player, and a veteran member of the Eurasian Creative Guild (London). OCA Magazine is a quarterly magazine published in London since 2009 by Silk Road Media Group with the support of the Eurasian Creative Guild. After
Kazakhstan is launching an export hub in Southeast Asia. The national export development institute QazTrade and the Malaysian company Kaztera have signed a memorandum of cooperation under which Kaztera received the status of the official operator for promoting Made in Kazakhstan products in the ASEAN market. This partnership gives Kazakhstan direct access to one of
The World Bank’s Board of Executive Directors has approved a $250 million loan for Uzbekistan to support a program aimed at expanding equitable access to student financing in higher education and in technical and vocational education and training (TVET) (the EduImkon Program). Over the next three years, this program will help strengthen the student financing support
Afghanistan’s economy is expanding for the second consecutive year, supported by low inflation and stronger revenues. However, rapid population growth, a widening trade deficit, and persistent poverty continue to weigh on the country’s outlook, according to the World Bank’s latest Afghanistan Development Update. The report provides a comprehensive assessment of recent economic developments and the medium-term
