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Business & Economy UZB

Large industrial enterprises in Uzbekistan to switch to renewable energy

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

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Business & Economy UZB

Young people in the focus of attention in Uzbekistan’s Karakalpakstan

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

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International Affairs KG

Korea to support development of electric vehicle charging infrastructure in Bishkek

On June 23, a Memorandum of Understanding was signed between Kyrgyzstan’s Ministry of Economy and Commerce and South Korean companies EVSIS and NGS and the Korea Automobile Environment Association for a joint project to develop an electric vehicle charging infrastructure in Bishkek. According to the ministry, the memorandum covers the following key areas of cooperation: As part

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Business & Economy KZ

In 2024, Kazakhstan recorded its first-ever negative net FDI figure since independence

The United Nations Conference on Trade and Development (UNCTAD) has published its annual World Investment Report 2025, highlighting an 11% decline in global foreign direct investment (FDI) flows to $1.5 trillion. The drop was particularly severe in developing and landlocked countries, Kazakh Invest reported. According to UNCTAD, Kazakhstan has attracted over $151 billion in net FDI since gaining independence, making

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Business & Economy UZB

Uzbekistan and Mongolia hold business forum

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

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Business & Economy KZ

Kazakhstan’s first science city to be established near Almaty

Kazakhstan will establish the country’s first science city, Tekhnokala. It will enjoy a special status and be home to advanced technologies and scientific institutions, universities, and tech businesses, the government’s website reported. The concept of the future science city was discussed at a government meeting on June 20, chaired by Deputy Prime Minister-Minister of National

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Business & Economy Eurasia KZ

Central Asia and China hold Furniture and Construction Industry Forum

The 2025 Central Asia–China Furniture and Construction Industry Cooperation Forum was held in Astana last week. As part of the forum, a founding ceremony was held for the Association of Furniture and Building Materials Manufacturers of Central Asia and China. The event brought together around 100 business representatives from China and countries of the region,

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Business & Economy UZB

IFC supports small businesses and women entrepreneurs in Uzbekistan

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

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Business & Economy KG

Kyrgyzstan and World Bank Group partner to advance reforms for energy development and sustainable growth

This operation will provide budgetary support to help the Kyrgyz government implement a comprehensive program of reforms aimed at ensuring a sustainable energy supply, enhancing social service delivery, and strengthening fiscal sustainability and the business environment, the World Bank said. With aspirations to move the country toward an upper-middle-income status by 2030, the Kyrgyz government

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Business & Economy KZ

Kazakhstan begins exporting wheat to Vietnam

A transit container train with Kazakh wheat has arrived in the Chinese port of Lianyungang. This is the first of eight trains loaded with wheat destined for Vietnam and shipped via a multimodal route through China. According to the Kazakh Ministry of Agriculture, the train consists of 62 containers weighing a total of 1,700 tons.

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International Affairs UZB

UNDP and Japan launch decarbonization project in Uzbekistan

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

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International Affairs TKM

Turkmenistan and EU hold Human Rights Dialogue

The European Union and Turkmenistan held their seventeenth annual Human Rights Dialogue on 17 June in Brussels. According to the Delegation of the European Union to Turkmenistan, discussions took place in an open and constructive atmosphere. The agenda contained a broad range of topics, including rule of law, fundamental freedoms, and gender equality. The EU

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International Affairs KZ

Three Kazakhstani universities debut in QS World University Rankings 2026

The QS World University Rankings 2026 have been published, with 20 Kazakhstani universities featured – a testament to the rising quality of higher education in the country. New entrants include Shakhmardan Yessenov Caspian University of Technology and Engineering, M. Kozybayev North Kazakhstan University, and Shakarim University of Semey, according to the Kazakh Ministry of Science

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Business & Economy KG

Kyrgyzstan and UNDP launch project to strengthen national capacity for green and climate finance

The Ministry of Natural Resources, Ecology and Technical Supervision of the Kyrgyz Republic, in partnership with the United Nations Development Programme (UNDP), has launched a new project to enhance the capacity of national financial institutions to access and deploy green and climate finance. The initiative is aligned with the Kyrgyz Republic’s National Development Programme 2040

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International Affairs UZB

EU and UNICEF strengthen child protection in Uzbekistan’s border regions

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

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Business & Economy KG

Kyrgyzstan launches SDG Investor Map to drive sustainable investment

The United Nations Development Programme in partnership with the National Investment Agency under the President of the Kyrgyz Republic officially launched the Kyrgyzstan SDG Investor Map. The SDG Investor Map is a market intelligence tool that identifies priority investment opportunities aligned with the Sustainable Development Goals (SDGs) and the country’s national development priorities. It provides

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Business & Economy KG

EDB-funded modernization of Kant Cement Plant completed in Kyrgyzstan

A ceremony to launch the new production line at the Kant Cement Plant, the construction of which began in spring 2024, was held on June 16 in Kyrgyzstan. One year later, the plant begins operations on a renewed, environmentally friendly and energy-efficient platform, the Eurasian Development Bank (EDB) reported. The project involved the construction of a

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Geo Politics KG KZ TJK TKM UZB

Central Asian countries and China enhance cooperation

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

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Business & Economy Eurasia KZ

Astana hosts 2nd Central Asia–China Industrial and Investment Cooperation Forum

The Second Central Asia – China Industrial and Investment Cooperation Forum was held in Astana on June 16. The main goal of the forum was to develop and strengthen economic ties between the Central Asian countries and China, attract mutual investments, establish joint production facilities, and promote cooperative projects in the strategic sectors of the region’s economy.

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Geo Politics KZ

Kazakhstan and China set to expand cooperation

Chinese President Xi Jinping said on June 16 that China stands ready to work with Kazakhstan to contribute more to regional and world peace and development, Xinhua reported. Xi made the remarks when meeting with Kazakh President Kassym-Jomart Tokayev ahead of the second China-Central Asia Summit in Astana. Xi emphasized that China and Kazakhstan should

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