The European Bank for Reconstruction and Development (EBRD) says it is providing a working capital loan of up to $6 million (€5.7 million) to UzCarlsberg, boosting the company’s operational efficiency and contributing to higher food safety standards in Uzbekistan. UzCarlsberg, which has been a client of the Bank since 2022 and is the country’s only
On April 6, the British holding Silk Road Media and the Council of Ministers of the Republic of Karakalpakstan signed a cooperation agreement aimed at developing the international tourism brand of this autonomous region in northwestern Uzbekistan. The signing ceremony was held as part of the Aral Culture Summit in Nukus, emphasizing the importance of
On April 14, Uzbekistan President Shavkat Mirziyoyev attended a presentation of the master plan of the Sea Breeze Uzbekistan international tourist center. It was earlier reported that Azerbaijani businessman Emin Agalarov and several other large investment companies plan to build an international tourist center, Sea Breeze Uzbekistan, on the shore of the Charvak reservoir in
Taking an additional step towards empowering young women from Central Asia and Afghanistan to play an active role in peacebuilding and conflict resolution, the Young Women 4 Peace: Empowering Central Asian Young Women Initiative arrived in Tashkent, Uzbekistan from 8 to 10 April. Bringing together regional voices and perspectives to promote peace and security through youth leadership
On April 11, Almaty hosted the eighth meeting between Russian Foreign Minister Sergey Lavrov and foreign ministers of Central Asian countries: Deputy Prime Minister – Foreign Minister of Kazakhstan Murat Nurtleu, Foreign Minister of the Kyrgyz Republic Jeenbek Kulubayev, and Foreign Minister of Tajikistan Sirojiddin Muhriddin. Turkmenistan was represented by Deputy Foreign Minister Ahmet Gurbanov,
President of Uzbekistan Shavkat Mirziyoyev has signed a law on Uzbekistan’s accession to the Agreement Establishing the Eurasian Development Bank (EDB). Uzbekistan has become the seventh member of the Bank and its third largest shareholder with a 10% equity stake. The EDB’s other members are Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. “We welcome Uzbekistan’s
According to a new study by World Weather Attribution (WWA), in March 2025, Central Asia experienced an unusually intense heatwave, with temperatures reaching record highs across the region, reaching 30.8°C in Jalalabad in Kyrgyzstan, 29.4°C in Namangan and 29.1°C in Fergana in Uzbekistan, and minimum temperatures of 18.3°C in Shahdara, making it the hottest March night in
On the sidelines of the Samarkand International Climate Forum, the Uzbek Ministry of Ecology, Environmental Protection, and Climate Change and the World Bank launched the Uzbekistan Resilient Landscapes Restoration Project (RESILAND). The World Bank will provide $153 million in financing to support project activities. The project aims to expand sustainable landscape management, restore degraded forested
At the inaugural EU-Central Asia Summit in Samarkand, Uzbekistan last week, European Investment Bank (EIB) Vice-President Kyriacos Kakouris signed four memorandums of understanding with partners in Kyrgyzstan, Tajikistan and Uzbekistan. With these agreements, the EIB will provide €365 million, unlocking up to €1 billion of investment in sustainable transport, water management, and climate resilience projects, the EIB
From October 2024 to April 1, 2025, Uzbekistan supplied 12.6 billion cubic meters of irrigation water to Kazakhstan, 1.7 billion cubic meters more than planned. Kazakhstan’s Minister of Water Resources and Irrigation Nurzhan Nurzhigitov announced this at an international climate forum in Samarkand, Uzbekistan on April 5. According to the Kazakh Ministry of Water Resources
The Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan on April 4 signed a Memorandum of Understanding (MOU) to support the Feasibility Study for the Caspian Green Energy Corridor Project. The MOU establishes a high-level framework for cooperation, focusing on the development of a
A Regional Workshop was recently held in Tashkent as part of Switzerland’s Blue Peace Central Asia (BPCA) initiative aimed at fostering cooperation among Central Asian countries in the water sector, according to the Swiss Embassy in Uzbekistan. The event brought together delegations from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, as well as representatives of international
On April 4, the first-ever Central Asia-European Union Summit was held in Samarkand, chaired by the President of Uzbekistan Shavkat Mirziyoyev. The EU was represented by the President of the European Council António Costa and the President of the European Commission Ursula von der Leyen. Together with President Mirziyoyev, Central Asian countries were represented by
OCA Magazine, published in London since 2009, is calling on universities across the Eurasian region to participate in a special issue titled OCA Magazine: Education 2025. The initiative aims to showcase the educational and human resource potential of Central Asia and the CIS countries, while also attracting experts and media attention to promote education in
The European Bank for Reconstruction and Development (EBRD) has welcomed plans by a series of new investors to inject up to $110 million into Uzbekistan’s leading food retailer, Korzinka. In one of the largest private investments in the country in recent years, Abu Dhabi Uzbek Investment, and a consortium of Omani Sovereign investment funds, led
Central Asia and the European Union are linked by deep historical roots, coinciding interests, and a common desire for close partnership, Uzbekistan President Shavkat Mirziyoyev said in an exclusive interview to Euronews on the eve of the first Central Asia-European Union summit in Samarkand on April 3-4. According to Mirziyoyev, the Central Asia-European Union format of cooperation
A delegation from Uzbekistan, led by Minister of Investment, Industry, and Trade Laziz Kudratov, participated in the first meeting of the Joint Economic Committee, the “Uzbekistan Investment Potential Days” event with British business representatives, and several high-level meetings with executives of leading UK companies in London, the Uzbek government portal reported. During the Committee meeting,
On March 31, a trilateral meeting was held between the President of Kyrgyzstan Sadyr Japarov, the President of Tajikistan Emomali Rahmon, and the President of Uzbekistan Shavkat Mirziyoyev in the Tajik city of Khujand. The presidents signed the Treaty between Kyrgyzstan, Tajikistan, and Uzbekistan on the junction point of the state borders of the three
On March 29, the Ministry of Investment, Industry and Trade of Uzbekistan held a briefing on the upcoming Tashkent International Investment Forum, one of the most significant international events in the country’s economic landscape. Minister of Investment, Industry and Trade Laziz Kudratov announced that the IV Tashkent International Investment Forum will take place from June
The following article by Roger Holland, Founder & Managing Partner of a leading property advisory firm, published in the latest issue of OCA Magazine, provides an insight on Central Asia’s growing real estate market: For many, the housing and wider real estate markets have had a miserable year. Interest costs have increased alongside inflation of