The World Bank says it has approved a $150 million concessional credit to support Uzbekistan in implementing a new project aimed at developing its potential in the small hydropower (SHP) sector and strengthening electricity supply across the country. The project will be implemented with private sector participation, involving local small hydropower developers (SHDs) and banks. Uzbekistan’s electricity
On June 23, Uzbekistan President Shavkat Mirziyoyev reviewed a presentation on measures to supply major industrial enterprises with green energy. Uzbekistan is rapidly developing its green energy sector. In a short period, nearly $6 billion in direct foreign investment has been attracted to the industry. Electricity production has increased from 59 billion to 82 billion
On June 20, Chairman of the Jokargy Kenes of the Republic of Karakalpakstan Amanbay Orinbayev met with active youth of the city of Nukus within the framework of the “Youth Month”. Specialists presented presentations and information on the development of the sphere, the provision of IT services, the establishment of a large income through little
On June 23, in the capital city of Mongolia, Ulaanbaatar, the Mongolia–Uzbekistan Business Forum was held ahead of the state visit of the President of Uzbekistan Shavkat Mirziyoyev. The event brought together leaders from ministries and government agencies, regional administrations, industry associations, and over 300 companies from both countries. The forum was organized by the Ministry
To increase access to finance for small businesses and women entrepreneurs in Uzbekistan, IFC, a member of the World Bank Group, has signed an agreement with Hamkorbank, the country’s third largest private lender, to provide a loan of up to $50 million. With 35 percent of the funding earmarked for women-run businesses, this initiative is
A new project aimed at reducing greenhouse gas emissions and improving energy efficiency in schools, hospitals, and public transportation has been launched in Uzbekistan. The initiative is implemented by the United Nations Development Programme (UNDP) in Uzbekistan, with support from the Government of Japan and the Ministry of Economy and Finance of Uzbekistan. The project
From 16 to 18 June, the Border Management Programme in Central Asia (BOMCA 10), funded by the European Union (EU), in cooperation with UNICEF, organised a seminar in Tashkent to strengthen child protection systems in Uzbekistan’s border regions, the Delegation of the European Union to Uzbekistan reported. Bringing together representatives of the National Agency for
Chinese President Xi Jinping on June 17 called on China and Central Asian countries to promote high-quality Belt and Road cooperation and forge ahead toward the goal of building a China-Central Asia community with a shared future, Xinhua reported. Xi made the remarks in his keynote speech at the second China-Central Asia Summit in Astana
U.S. Ambassador to Uzbekistan Jonathan Henick and Farkhod Makhmudov, Founder and Shareholder of OSON Holding (Brio Group), signed a Memorandum of Understanding (MOU) in January 2025 to launch a new public-private partnership to expand support for the U.S. State Department’s entrepreneurship activities. Through this partnership, OSON will contribute $50,000 to sponsor a new cohort of
The government of Uzbekistan’s Karakalpakstan autonomous region has unveiled a comprehensive agricultural development program aimed at revitalizing the region’s economy and improving food security. The new initiative, which includes investments totaling over $50 million, will focus on enhancing irrigation infrastructure, introducing modern farming techniques, and expanding the cultivation of high-value crops. Investing in Irrigation Infrastructure
Hertfordshire Press is proud to present the captivating children’s book series “Adventures of the Spirit of Time” by the talented Gulchehra-begim Makhmudova, introduced in collaboration with Tomaris Uzbek Ladies Society. This unique series invites young readers to travel through time, exploring the rich tapestry of history, culture, and legendary heroes of Central Asia. With warmth
The European Bank for Reconstruction and Development (EBRD) says it is contributing to greater efficiency of Uzbekistan’s irrigation system by providing a sovereign loan of up to $250 million (€240 million) to the Ministry of Water Resources of Uzbekistan for upgrades to 110 pumping stations across the country. Used by the irrigation system in 10
In the current challenging environment, we are focusing our primary attention on maintaining economic stability in Uzbekistan, President Shavkat Mirziyoyev stated in his address to the Fourth Tashkent International Investment Forum on June 10. According to Mirziyoyev, Uzbekistan’s gross domestic product has doubled over the past eight years, and the country has set a goal
The IV Tashkent International Investment Forum (TIIF) opened in Uzbekistan’s capital on June 9, marking a key event in the regional investment agenda. The forum has brought together leading international investors, government representatives, financial institutions, and business leaders. In 2025, the forum is being held on an unprecedented scale, with investment projects across strategically important sectors
The Uzbekistan–U.S. Business Forum was held in Tashkent on June 9. The event was organized by the Ministry of Investments, Industry and Trade of Uzbekistan together with the American-Uzbekistan Chamber of Commerce (AUCC). More than 150 representatives from the business and government sectors of both countries participated in the event, including around 100 leading U.S.
The 4th Ministerial Meeting of the Central Asia–India Dialogue was held in New Delhi on June 6. The meeting focused on main areas of partnership between the Central Asian countries and India, covering such fields as transport and logistics, regional cooperation, counter-terrorism, and the development of advanced technologies. The foreign ministers adopted a Joint Statement
by Paul Sawyer A three-strong British Kurash team, comprising Fiona Chan, Natasha Glassford and Danielle Batt and accompanied by coach Paul Sawyer, achieved outstanding success at the 2025 European Championships in Batumi, Georgia winning no less than one gold and two silver medals. For those unfamiliar with Kurash, it is the national sport of Uzbekistan,
The historic Langar Ota Complex, a 15th-century cultural and religious landmark in Uzbekistan’s Kashkadarya province, has been restored and reopened following a $250,000 emergency conservation project funded by the U.S. Ambassadors Fund for Cultural Preservation, according to the U.S. Embassy in Uzbekistan. U.S. Ambassador Jonathan Henick joined local officials, community members, and U.S. experts to
Around 100 tons of cherries from the Panjshir province of Afghanistan will be exported to several Central Asian countries and Russia, TOLOnews reported. According to local officials, traders from Uzbekistan and Kyrgyzstan plan not only to purchase cherries but also to buy apples and grapes to export to Central Asian countries. Mohammad Agha Hakim, Governor
From May 22nd to 27th, London hosted the 7th annual Eurasian Film Festival, an international celebration of Eurasian cinema. Organized by the Silk Road Media and the Eurasian Creative Guild (ECG), the festival is traditionally held in partnership with the Romford Film Festival, uniting filmmakers, audiences, and industry professionals from across the globe. This year,
