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Business & Economy UZB

Tashkent hosts Uzbek-French business forum

On January 30, Tashkent hosted the Uzbek-French Business Forum, bringing together representatives from over 50 leading French companies, including AIRBUS, Experto Consulting, Iveco Group, MND, Roxalex, Suez, Société Générale, ALSTOM, Veolia Energy, EDF International Networks, Voltalia, and TotalEnergies. The Uzbek delegation was led by Deputy Minister of Investment, Industry, and Trade, Khurram Teshabayev, while the

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Geo Politics KG KZ

Kazakhstan and Kyrgyzstan to expand trade and economic cooperation

On January 30 in Almaty, Kazakhstan Prime Minister Olzhas Bektenov held talks with the Chairman of the Cabinet of Ministers of the Kyrgyz Republic Adylbek Kasymaliyev to discuss cooperation in trade, economy, water, transport and logistics, energy, cultural and humanitarian spheres, and tourism. Bektenov noted that bilateral trade for the first 11 months of last

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Eurasia Geo Politics UZB

Uzbekistan, Turkey, Azerbaijan elevate cooperation to new level

On January 28-29 in Turkey, Laziz Kudratov, the Minister of Investment, Industry and Trade of Uzbekistan, participated in a meeting with the Ministers of Foreign Affairs, Trade, and Transport from Uzbekistan, Turkey, and Azerbaijan. He also attended a trilateral business forum with the participation of over 400 representatives from the business communities of the three

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International Affairs KG

Kyrgyzstan updates its climate goals

On January 29, under UN Resident Coordinator and the technical leadership of the United Nations Development Programme (UNDP) the Ministry of Natural Resources, Ecology, and Technical Supervision of the Kyrgyz Republic started preparation of Kyrgyzstan’s new Nationally Determined Contributions (NDCs), known as NDCs 3.0. These plans set emission reduction targets for 2035 that align with

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Geo Politics KZ

Kazakhstan Rare Earth Metals: A Global Partner

Rare earth metals (REM) are becoming one of the most valuable components of the global economy, playing a key role in the development of mechanical engineering, defense, aerospace, medical, and other industries, reads an article published by Al Jazeera. New oil According to Research Nester forecasts, in 2023-2035 the average annual growth rate of the

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Geo Politics TKM

Turkmenistan and EU review partnership, outline plans for 2025

On January 24, the European Union Delegation to Turkmenistan and the Ministry of Foreign Affairs of Turkmenistan held a joint press conference to reflect on their partnership in 2024 and outline strategic priorities for the year ahead, the EU Delegation reported. Ms. Beata Peksa, Ambassador of the European Union to Turkmenistan, expressed her gratitude to

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Business & Economy UZB

Uzbekistan’s 2025 Year of Environmental Protection

Uzbekistan’s Commitment to a Green Economy in 2025 On January 27, President Shavkat Mirziyoyev chaired a meeting on the draft State Program for the Year of Environmental Protection and Green Economy. Uzbekistan is transitioning to a green economy. Over the past three years, 16 large solar and wind power plants with a total capacity of

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Business & Economy TJK

Tajikistan’s Lowest Average Salary in Central Asia

Tajikistan’s Low Average Salary in Central Asia Explained Tajikistan has the lowest average salary among Central Asian countries, according to the CIS Interstate Statistical Committee. In September last year, the average nominal monthly salary in Kazakhstan was $817.2, in Uzbekistan $437.8, and in Kyrgyzstan $411.2. In Tajikistan, it stood at $242.8. The CIS Interstate Statistical

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Business & Economy UZB

Uzbekistan Investment Law: Key Updates and Insights

Understanding Uzbekistan Investment Law Changes On January 23, the Senate (upper house) of the Oliy Majlis (Uzbek parliament) approved a new edition of the Law “On Investments and Investment Activities”. Developed jointly with experts from the World Bank and the International Finance Corporation, the document ensures that investment legislation complies with international standards, including the

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Geo Politics KG

Kyrgyzstan Sanctions: Deputy FM and US Ambassador Talks

Kyrgyzstan Sanctions: Discussions on Removal Progress On January 22, Deputy Minister of Foreign Affairs of the Kyrgyz Republic Meder Abakirov invited U.S. Ambassador to the Kyrgyz Republic Lesslie Viguerie to a meeting to discuss issues related to the inclusion of Kyrgyzstan’s Keremet Bank, Gazprom Neft Asia LLC, and Munai Myrza CJSC in the U.S. sanctions

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Geo Politics KZ

New U.S. secretary of state speaks for repeal of Jackson-Vanik Amendment for Kazakhstan

U.S. Secretary of State Advocates for Kazakhstan Repeal The recent comments of Marco Rubio, the new U.S. Secretary of State under the Donald Trump administration, regarding the Jackson-Vanik Amendment, a law that imposes restrictions on trade with several countries in Central Asia, raise hopes that the new U.S. administration will take steps to repeal this

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International Affairs UZB

JICA to expand its presence in Uzbekistan

On January 20, Laziz Kudratov, the Minister of Investment, Industry, and Trade of Uzbekistan, met with Dr. Akihiko Tanaka, the President of the Japan International Cooperation Agency (JICA). The Uzbek minister highly appreciated JICA’s significant contribution to the dynamic development of the Uzbek-Japanese strategic partnership, as well as the Agency’s steadfast commitment to the implementation

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Business & Economy TJK

Tajikistan president outlines tasks for 2025

Speaking at a government meeting on January 17, President of Tajikistan Emomali Rahmon ordered the government to ensure the country’s economic growth of at least 8% in 2025, his press service reported. Rahmon instructed to focus on transitioning to a green economy, accelerating the digitization of all sectors of the national economy, and expanding non-cash

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Business & Economy KZ

Kazakhstan and China to open a multifunctional center in Astana

The Minister of Trade and Integration of Kazakhstan, Arman Shakkaliyev and Jiangsu SOHO Holdings Group Co. Ltd. from Jiangsu Province in east China have agreed on the establishment of a multifunctional center in the Kazakh capital, Astana, the Ministry of Trade and Integration reported. The new center will facilitate the development of Kazakh-Chinese trade and

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Business & Economy KG

Kyrgyzstan adopts national action plan on business and human rights

Kyrgyzstan’s New Action Plan on Business and Human Rights The Cabinet of Ministers of the Kyrgyz Republic has approved the Programme of Implementation of the UN Guiding Principles on Business and Human Rights for 2025-2027 and an Action Plan for its implementation. This makes Kyrgyzstan the 21st country in the world and the first in Central

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Business & Economy UZB

Uzbekistan: New approaches to poverty reduction

On January 17, Uzbekistan President Shavkat Mirziyoyev was reported on new approaches to ensuring population’s employment and poverty reduction. This year it is planned to ensure employment of 5.2 million Uzbek citizens and bring 1.5 million people out of poverty. For the first time 60 districts and cities will become territories free of poverty and

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Business & Economy KZ

Railway cargo transportation between Kazakhstan and China reaches all-time high

The Kazakh Ministry of Transport has reported that in 2024, the railway cargo transportation between Kazakhstan and China reached an all-time high of more than 32 million tons.   Kazakhstan’s rail exports to China increased by 1 million tons to 13.7 million tons. The main export items were iron and non-ferrous ore, ferrous and non-ferrous

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Geo Politics TJK

President of Iran pays a landmark visit to Tajikistan

During his first visit to Tajikistan on January 16, the President of the Islamic Republic of Iran, Masoud Pezeshkian held negotiations with the President of Tajikistan, Emomali Rahmon. Welcoming the high-ranking guest, Rahmon noted that “the people of Tajikistan and Iran are united by an inextricable historical, cultural and civilizational commonality”. The leaders discussed expansion

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Geo Politics KZ

Kazakhstan and UK discuss strategic partnership

On January 16, Deputy Minister of Foreign Affairs of Kazakhstan Roman Vassilenko met with British Ambassador to Kazakhstan Kathy Leach. The parties reviewed the results of the two countries’ interaction in 2024, highlighting the meeting between President Kassym-Jomart Tokayev and Prime Minister Keir Starmer on the sidelines of COP29 in Baku. The discussion also focused

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Geo Politics UZB

Uzbekistan and UAE begin a new era of economic partnership

On January 15, in Abu Dhabi, President of Uzbekistan Shavkat Mirziyoyev and President of the United Arab Emirates Sheikh Mohamed Al Nahyan held talks to discuss key issues of further deepening Uzbek-Emirati relations of friendship and multifaceted cooperation, including in political, trade and economic, investment, innovation, cultural, humanitarian and other priority spheres. The parties emphasized

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