Deputy Prime Minister–Minister of National Economy Serik Zhumangarin presented Kazakhstan’s investment and economic potential to American businesses in Washington, D.C., during a roundtable of the U.S.–Kazakhstan Business Council (USKZBC) at the U.S. Chamber of Commerce. Zhumangarin noted that Kazakhstan and the United States maintain a high level of economic relations. More than 600 enterprises with
Despite being landlocked, Central Asia has turned into a key transit hub in Eurasia due to its strategic location at the heart of the vast continent and the implementation of major transport infrastructure projects. According to the Eurasian Development Bank (EDB), from 2020 to 2024 transit freight volumes through the Central Asian region increased by
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Uzbekistan in strengthening public sector efficiency, advancing economic governance, and accelerating the country’s integration into the global economy. The Economic Management Improvement Program (Phase 2) builds on earlier reform efforts and supports a new generation of institutional measures to improve
On October 13, President Shavkat Mirziyoyev reviewed measures aimed at digitalizing the water sector and improving the system of water resources’ management. The President ordered to accelerate the digitalization processes in the industry, fully automate accounting and reporting, improve the efficiency of local services, and expand the practice of public-private partnerships. Today, the country has
The 2025 irrigation season has ended in Kazakhstan. According to the Ministry of Water Resources and Irrigation, the agricultural sector used 11.01 billion m³ of water, with 98% of the total volume consumed in the country’s arid southern regions. During the irrigation season, the Almaty region used 1.6 billion m³ of water to irrigate 136,000
North China’s Shanxi Province recently launched its first rail-road intermodal freight train along the China-Kyrgyzstan-Uzbekistan intermodal transport corridor, marking the start of a new international logistics route linking the province with Central Asia, Xinhua reported with reference to China Railway Taiyuan Group Co., Ltd. The launch of the route highlights Shanxi’s economic transition from being
Askhat Khasenov, Chairman of the Management Board of KazMunayGas (KMG), Kazakhstan’s national oil and gas company and Johannes Bremer, General Director of Rosneft Deutschland GmbH have extended the current agreement for Kazakh oil supplies to Germany until the end of 2026. The new agreement increases monthly oil deliveries from 100,000 to 130,000 tons. Additional oil
In the Forish district of Uzbekistan’s Jizzakh region, a press tour was organized to the construction site of the Small Modular Nuclear Power Plant (SMNPP), where media representatives were introduced to the implementation process of this strategic energy project. Journalists inspected several key facilities, including:— the excavation site for the first reactor unit, where vertical leveling
The Uzbek Minister of Digital Technologies, Sherzod Shermatov, held a meeting with representatives of the U.S. company Amazon Kuiper. The parties explored opportunities for cooperation in developing digital infrastructure and improving broadband Internet services in Uzbekistan. Following the meeting, a Memorandum of Understanding (MoU) was signed between the Ministry of Digital Technologies and Amazon Kuiper
Afghanistan has granted official licenses to Uzbek companies to conduct geological research in Afghanistan and extract hydrocarbon resources such as oil and gas, TOLOnews reported. The Afghan Ministry of Mines and Petroleum confirmed the cooperation, saying that several contracts have been signed with both domestic and foreign companies — particularly with Uzbek companies — for
The European Bank for Reconstruction and Development (EBRD) is contributing to the development of sustainable municipal infrastructure in Tajikistan by financing two projects collectively worth over €10.5 million ($12.3 million). Signed during a visit by EBRD Vice President for Policy and Partnerships Mark Bowman to the country’s capital, Dushanbe, the financial package will consist of the following: A sovereign loan of
On October 8, Aidar Abildabekov, Vice Minister of Trade and Integration of Kazakhstan, met with Khurram Teshabayev, Deputy Minister of Investment, Industry, and Trade of Uzbekistan. It was noted at the meeting that Uzbekistan remains one of Kazakhstan’s priority trading partners in Central Asia. The two countries are consistently working to achieve the mutual trade
A Government meeting on October 7, chaired by Prime Minister Olzhas Bektenov, discussed measures to reduce the shadow economy. “The Head of State has set the goal of reducing the share of the shadow economy in GDP to 15% this year. We must continue striving for a consistent decline in this indicator. We need a
Kyrgyzstan continues experiencing steady economic growth, supported by rising state revenues, growing foreign investment, and expanding small and medium-sized business sector. At a government meeting on October 6, Chairman of the Cabinet of Ministers Adylbek Kasymaliyev stated that in January–September 2025, state budget revenues totaled 722.9 billion soms, 23.8 billion or 3.4% more than planned.
The 2025 Human Development Report was launched in Kazakhstan at the Digital Bridge 2025 forum last week. The United Nations Development Programme (UNDP) Kazakhstan organized a panel session titled “The Power of Choice: Human Development at the Crossroads of Artificial Intelligence.” The event brought together diplomats, government officials, academics, civil society, educators, and thought leaders
On October 6, President Shavkat Mirziyoyev reviewed plans for the development of artificial intelligence technologies in Uzbekistan and their broad implementation across the economy and social sectors. Today, artificial intelligence is becoming one of the key tools in various sectors, including the economy, education, healthcare, security, and other vital areas. Its application contributes to improving
Starting from 2026, a mechanism for detecting illegal tree cutting using space monitoring will be introduced in Uzbekistan. This is stipulated in the presidential decree “On Measures to Expand the Use of Aerospace Data in Economic Sectors and Improve the Agricultural Management System.” According to the document, the Agency for Space Research and Technology will conduct
A government meeting chaired by President Shavkat Mirziyoyev reviewed the implementation of Yashil Makon (Green Space), Uzbekistan’s nationwide program which aims to preserve and restore biodiversity through the greening of urban and rural areas. Launched by President Mirziyoyev in November 2021, the Yashil Makon program is aimed at the planting of one billion trees and
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Tajikistan, setting out the Bank’s priorities in the country to 2030. The new strategy reflects the EBRD’s commitment to supporting Tajikistan’s economic transformation through a comprehensive approach that combines financial investment with policy dialogue and technical assistance. In
The Eurasian Development Bank (EDB) and the Smart City State Unitary Enterprise at the Dushanbe Executive Authority have launched a project to develop a digital platform for an electronic map of Dushanbe. The project is supported by the EDB Fund for Digital Initiatives and aims to create a unified digital environment for urban infrastructure management. The platform
