Business & Economy KZ UZB

Kazakh businesses expand presence in Uzbekistan

Kazakhstan ranks fourth in terms of the number of enterprises with foreign capital in Uzbekistan, following China, Russia, and Turkiye, Dunyo information agency reported citing data from the Uzbek National Statistics Committee. As of December 1, 2025, 1,199 enterprises with Kazakh capital were operating in Uzbekistan. The majority of Kazakh-invested enterprises are concentrated in trade,

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Business & Economy UZB

Uzbekistan to increase natural gas production

On January 12, President Shavkat Mirziyoyev reviewed plans of the country’s oil and gas company, Uzbekneftegaz, to increase natural gas reserves and production volumes, as well as to intensify geological exploration. In 2026, Uzbekneftegaz must increase the daily production of natural gas from 66 million cubic meters to 70 million cubic meters and produce not

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Business & Economy KZ

Kazakhstan reports record high grain exports

In 2025, Kazakhstan Temir Zholy (KTZ), the national railway company, transported for export 11 million tons of grain, a record high volume over the past 10 years and a 33% increase compared to 2024, according to KTZ.   Grain export transportation to Central Asian countries increased by 30%, reaching 6.3 million tons. Exports to Kyrgyzstan

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Business & Economy KZ

New investment attraction mechanism launched in industrial zone in West Kazakhstan

A new investment attraction mechanism, the “Availability Payment,” has been introduced in Kazakhstan to accelerate the development of industrial zones and create sustainable conditions for the long-term presence of investors. The pilot project is being implemented in West Kazakhstan Region on the territory of the Eurasia Cross-Border Trade Center industrial zone, where 17 investment projects with the participation of foreign investors are

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Business & Economy UZB

Protected natural territories occupy 14% of Uzbekistan

On January 11, Uzbekistan celebrated the Day of Nature Reserves and National Parks. This date serves as a reminder of the importance of preserving nature, rare species of plants and animals, as well as natural landscapes and ecosystems. According to the National Committee on Ecology and Climate Change, the total area of protected natural territories

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Business & Economy UZB

Uzbekistan’s external debt is moderate and manageable at 26% of GDP

According to the Ministry of Investment, Industry and Trade of Uzbekistan, the country’s external debt as of October 1, 2025 totaled $75.4 billion. This includes $37.4 billion of government external debt and $38 billion of borrowings by private and state-owned enterprises without a government guarantee (corporate debt). According to international classifications, Uzbekistan’s government debt level

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Business & Economy KZ

Export acceleration brought contracts worth $180 million for Kazakhstan in 2025

In 2025, QazTrade, a subordinate organization of the Ministry of Trade and Integration of Kazakhstan, continued implementing its export acceleration program. The program aims to comprehensively prepare Kazakhstani companies for entering foreign markets and covers the entire exporter journey: from initial assessment and training to supporting negotiations and concluding export contracts, according to the Ministry.

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Business & Economy UZB

EBRD supports domestic production of pharmaceuticals in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) says it is promoting further growth in domestic production of pharmaceutical products in Uzbekistan by supporting the operations of leading local manufacturer Nika Pharm.  Nika Pharm will use the EBRD loan of up to US$ 20 million to restructure its balance sheet and upgrade equipment and facilities in

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Business & Economy KZ

2026 declared the Year of Digitalization and Artificial Intelligence in Kazakhstan

At a government meeting on January 6, Prime Minister Olzhas Bektenov stated that President Kassym-Jomart Tokayev has declared 2026 the Year of Digitalization and Artificial Intelligence in Kazakhstan, and the government’s main goal is to introduce advanced technologies into all sectors of the economy, according to primeminister.kz. According to the Ministry of Artificial Intelligence and

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Business & Economy UZB

Poverty rate continues to decline in Uzbekistan

The Center for Economic Research and Reforms has released an analysis of poverty levels and household incomes in Uzbekistan for 2025, Dunyo official information agency reported. The analysis was prepared based on a study conducted by the National Statistics Committee of Uzbekistan in collaboration with the World Bank. According to the study, the poverty rate

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Business & Economy Eurasia

Afghanistan’s trade grows in 2025

In 2025, Afghanistan’s foreign trade significantly increased compared to the previous year, despite challenges and restrictions on trade routes, TOLOnews reported. According to the country’s Ministry of Industry and Commerce, the total value of Afghanistan’s exports and imports reached $13.932 billion, including $1.807 billion in exports and $12.125 billion in imports. Akhundzada Abdulsalam Jawad, spokesperson

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Business & Economy UZB

China and Russia are the largest investors in Uzbekistan 

Uzbekistan continues to strengthen its investment momentum: the total volume of utilized investments reached $43.1 billion in 2025, marking a 24% increase compared to the previous year. A significant share was represented by $38.2 billion in foreign direct investment, along with $4.9 billion from international financial institutions, according to the Uzbek Ministry of Investment, Industry

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Business & Economy UZB

China is the largest exporter to Uzbekistan while Russia is the largest importer from Uzbekistan

From January to November 2025, Uzbekistan’s exports totaled $30.9 billion, a 26.2% increase compared to the same period the previous year, Dunyo information agency reported citing data from the National Statistics Committee. The top 10 export destinations of Uzbekistan were: Russia ($4 billion), China ($1.9 billion), Afghanistan ($1.3 billion), Kazakhstan ($1.3 billion), Turkey ($1 billion),

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Business & Economy KG

Kyrgyzstan’s shadow economy steadily declines

Kyrgyzstan’s non-observed (shadow) economy, excluding the agricultural sector, accounted for 19.5% of GDP in 2024, marking a 0.3% increase from 2023’s 19.2% but a 0.7% decrease from 2022’s 20.2%, according to the latest data from the National Statistical Committee. The Committee reports a steady decline in the shadow economy’s share of GDP over recent years, estimated

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Business & Economy KZ

EBRD facilitates development of renewables and logistics infrastructure in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) says it is helping to meet growing demand for industrial infrastructure in the renewable energy and logistics sectors in Kazakhstan and across Central Asia by supporting the operations of Sarens Kazakhstan. The EBRD’s loan of up to €25 million (in KZT equivalent) to Sarens Kazakhstan, a fully owned

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Business & Economy UZB

Uzbekistan begins export of pomegranates, quinces and persimmons to Britain

For the first time ever, pomegranates, quinces, and persimmons from Uzbekistan have been exported to the United Kingdom as part of the latest shipment of Uzbek agricultural products, official information agency Dunyo reported. A total of three tons of produce was delivered via Uzbekistan Airways on the Tashkent-London route late in December. The exporter responsible

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Business & Economy UZB

Uzbekistan declares 2026 the ‘Year of Development of the Mahalla and Society’

In his New Year’s greetings to the people of Uzbekistan, President Shavkat Mirziyoyev declared 2026 the “Year of Development of the Mahalla and Society.” In Uzbekistan, mahalla means a neighborhood or local community and is a key part of civil society. Mirziyoyev stated that in the new year, “we will improve the infrastructure of thousands

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Business & Economy KZ

China’s Xinjiang Lihua increases investment in Kazakhstan to $600 million

Deputy Minister of Foreign Affairs of Kazakhstan Alibek Kuantyrov and Deputy Chairman of the Management Board of Kazakh Invest National Company JSC Madiyar Sultanbek on December 30 held a working meeting with Xu Jie, General Director of Xinjiang Lihua (Group) Co., Ltd., according to the Kazakh Foreign Ministry. During the meeting, the parties discussed the

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Business & Economy KZ UZB

EDB report: Kazakhstan and Uzbekistan the largest recipients of Chinese investment in Central Asia

The Eurasian Development Bank (EDB) has released a new report, entitled “China and the Eurasian Region: Analysis of Investment Flows based on EDB Monitoring of Mutual Investments”. The report provides detailed information on mutual foreign direct investments (FDI) between China and 13 countries of the Eurasian region (Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Mongolia,

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Business & Economy KZ

Increasing number of Kazakhstan citizens access public services via smartphones

Mobile services are becoming a key channel for accessing public services: since the beginning of 2025, Kazakhstani citizens have received more than 51.5 million services online, almost half of which were delivered via the eGov Mobile application, according to the Ministry of Artificial Intelligence and Digital Development. As of today, around 90% of public services

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