The Asian Development Bank (ADB) has approved two policy-based loans totaling $400 million that support the Government of Uzbekistan’s initiatives to enhance the country’s financial markets and develop a sustainable, market-led power sector. “Strong participation of the private sector is vital to Uzbekistan’s economic growth and transformation,” said ADB Director General for Central and West
Uzbekistan’s Central Election Commission announced on July 26 that parliamentary and local elections will be held in the Central Asian nation on October 27, RFE/RL’s Uzbek Service reported. Those up for election include 150 members of the parliament’s lower chamber, the Legislative Chamber; 56 members of the upper chamber, the Senate; and 65 members of the Supreme
The President of Uzbekistan earlier this month signed a resolution “On measures to implement the investment project for the production of alternative thermal energy from medical waste”. The project will be implemented by a U.S. company, Sayar LLC, which has established a project company in Uzbekistan, called Sayar Green. An Investment Agreement has been signed
Construction of the Surenata mining plant was launched last week in Parkent district of Uzbekistan’s Tashkent region, the Uzbek Ministry of Mining Industry and Geology reported. When completed, the new plant will produce 2.4 million tons of ore and one million tons of iron ore concentrate per year. China’s Limaomaoli Metal Company is expected to
At a government meeting last week, Uzbekistan President Shavkat Mirziyoyev reviewed the country’s economic results in the first half of this year. In the first half of 2024, Uzbekistan’s gross domestic product increased by 6.4 percent. Industry grew by 7.8%, construction by 10.1%, services by 12.9%, and agriculture by 3.8%. State budget revenues increased by
More than 60 faculty from across Uzbekistan gathered on July 15 to share experiences and lessons learned from their semester long visits to universities in the United States. These exchanges were funded as part of the Faculty Enrichment Program, a joint initiative of the U.S. Embassy in Tashkent and the Ministry of Higher Education, Science,
The Asian Development Bank (ADB) has approved a $100 million concessional loan to help the Government of Uzbekistan improve perinatal health services for pregnant women and their newborns. “ADB supports the government’s commitment to ensure high-quality perinatal health services in Uzbekistan to protect the health of women and children and reduce maternal and neonatal mortality
A court in Uzbekistan has convicted a 26-year-old man for being a mercenary after he returned to the Central Asian nation following a six-month stint in the ranks of the Wagner group where he was recruited from a Russian prison, RFE/RL’s Russian Service reported. The website Migrant.uz published the July 9 ruling by the Ohangaron City Court,
From 22 to 29 June, Uzbekistan hosted the first international World Coaching Championship, as part of the 8th international festival Eurasian Creative Week. The festival events took place in three cities of Uzbekistan: Tashkent, Khiva and Nukus. The festival kicked off in Tashkent on 22 June with a charity ball organized by Silk Road Media
On June 28, the Savitsky Museum in Nukus (Karakalpakstan) hosted the show “Treasures of the Silk Road,” a significant artistic event that revealed the splendor of the cultural heritage of the Eurasian region. The show featured an immersive exhibition (projections and “revival” of paintings on the wall of the museum building), a concert, and a
During a visit to the Russian Federation on July 8, Laziz Kudratov, Minister of Investment, Industry and Trade of Uzbekistan, participated in the first meeting of the Working Group on increasing trade turnover between Uzbekistan and Russia. Kudratov emphasized the exemplary nature of the development of Uzbek-Russian relations, achieved thanks to the firm political will
Laziz Kudratov, Minister of Investment, Industry and Trade of Uzbekistan, and Hatori Takashi, Ambassador of Japan to Uzbekistan, on July 2 signed Exchange Notes for the “Economic and Social Development Program” valued at 1 billion yen (approximately $6.3 million). The program is part of the grant assistance provided by the Government of Japan. As part
The European Bank for Reconstruction and Development (EBRD) on July 2 said it is contributing to Uzbekistan’s objective of developing up to 25 GW of solar and wind capacity by 2030, by organising a facility of up to US$ 229.4 million for the development, design, construction and operation of a 500 MWh battery energy storage system (BESS)
The Creative Youth Forum: “Shaping the Science” was held on June 11-12 in Samarkand, Uzbekistan. This landmark event brought together brilliant young minds from across the globe, fostering an environment of innovation, collaboration, and scientific exploration. The forum kicked off with an inspiring opening ceremony. Nobel Prize Winner Harold Varmus delivered the keynote address via
On June 27, Uzbekistan President Shavkat Mirziyoyev left his signature on the first electric vehicle that rolled off the assembly line of the joint venture BYD Uzbekistan Factory in the country’s Jizzakh region. In the first phase of the project, with a cost of $160 million, the new plant will have a production capacity of
The U.S. Agency for International Development (USAID) in cooperation with IT Academy on June 25 in Tashkent held an award ceremony for 25 graduates of the “IT4Everyone” regional project tailored for hearing-impaired individuals from Uzbekistan, Kazakhstan, and the Kyrgyz Republic. Between March 18 and April 29, 115 participants from these countries received online sign language-adapted
According to the latest data released by the Statistics Agency of Uzbekistan, from January to May 2024 the country’s foreign trade amounted to $26.7 billion, with exports totaling $10.8 billion and imports — $15.8 billion. Compared to the same period last year, the country’s exports increased by 1.9% and imports — by 3.7%. China has
On June 24, during his first state visit to Uzbekistan, President of Mongolia Ukhnaagiin Khurelsukh held negotiations with President of Uzbekistan Shavkat Mirziyoyev in Tashkent, with the main focus on deepening trade and economic cooperation between the two countries. During the meeting, the two leaders tasked their governments to establish a joint working group on
The World Bank on June 21 announced that Uzbekistan has become the first country in the world receiving a payment from the World Bank for reducing carbon emissions through a policy crediting program. This pioneering project – the Innovative Carbon Resource Application for Energy Transition (iCRAFT) – was crafted to support Uzbekistan in implementing energy efficiency measures,
The ECG World Championship Coaching and Eurasian Creative Week will be held in Uzbekistan (Tashkent, Khiva, Nukus) from June 22 to 29. The event is organized by the Eurasian Creative Guild and the Elena Bezrukov Center. Participants of the festival are coaches and artists from Kazakhstan, Israel, USA, Italy, Finland, Belarus, Great Britain, Kyrgyzstan, Uzbekistan,
