The Eurasian Development Bank (EDB) has joined the Foreign Investors Council (FIC) under the President of Uzbekistan as a full member. The FIC is an advisory body under the President of Uzbekistan, established to attract foreign direct investment and improve the investment climate. Its members include leading international financial institutions and major foreign companies operating
The European Bank for Reconstruction and Development (EBRD) says it is continuing to support the exploration, development, production and processing of critical raw materials (CRM) in Kazakhstan by making a follow-on equity investment of AUD 1.4 million in Sarytogan Graphite Limited, an Australian Securities Exchange-listed company developing one of the world’s largest known high-grade graphite deposits.
During the ADB Annual Meeting in Samarkand on May 6, the Ministry of Investment, Industry, and Trade of Uzbekistan and the Export-Import Bank of Korea (KEXIM) signed a Memorandum of Strategic Cooperation. The ceremony was attended by Deputy Prime Minister Jamshid Khodjaev and Deputy Minister of Investment, Industry, and Trade Shokhrukh Gulamov on behalf of
Kazakhstan held its first-ever investment roundtable on the SelectUSA Investment Summit platform in Washington on May 3, marking a significant milestone in strengthening economic ties with the United States, according to QazTrade Trade Policy Development Center JSC. The event, titled “Strategic Sectors and U.S. Market Entry Opportunities,” brought together more than 80 participants, including
Today, Uzbekistan’s economy is undergoing an entirely new phase of development. Since 2016, the country has embarked on major reforms to liberalize the economy, create an attractive investment environment, participate proactively in global value chains, renew the social and production infrastructure, and improve living standards, Uzbekistan President Shavkat Mirziyoyev said in his address at the
Negotiations were held on April 30 in Tashkent between the President of Uzbekistan Shavkat Mirziyoyev and the Prime Minister of the Czech Republic Andrej Babiš, who was on an official visit to Uzbekistan. Mirziyoyev emphasized that the current visit would be a breakthrough and would open a qualitatively new stage in the history of multifaceted Uzbek–Czech
On April 24, President Shavkat Mirziyoyev chaired a meeting to review economic results across regions and sectors in the first quarter, as well as to set priority tasks until the end of the year. The macroeconomic results achieved in the first quarter were reviewed. In particular, gross domestic product grew by 8.7 percent, while industry
The Eurasian Development Bank (EDB) and the Uzbek-Oman Investment Company (UzOman) have signed a Memorandum of Understanding. The parties will focus on developing investment projects in Uzbekistan, including in the transport and logistics infrastructure sector. The document was signed by Alexey Skatin, Senior Managing Director of the EDB, and Omar Bahram, CEO of UzOman. “The
The Eurasian Development Bank (EDB) sees the Central Asian warehouse infrastructure as the “opportunity of the decade” and intends to significantly increase investments in this segment, Alexey Rogachevsky, EDB Director for Uzbekistan, said at the Central Asia Warehouse Summit (CAWS 2026) on April 16 in Tashkent. Speaking at the Warehouses and Finance session, he presented
Despite government measures aimed at supporting investment in Kazakhstan, Kazakhstani investors—both private and institutional—continue to channel their funds into foreign projects, ranking.kz reports based on data from the National Bank of Kazakhstan. In 2025, the outflow of direct investment abroad from Kazakhstani investors reached $2.4 billion, an increase of 30% year-on-year. In 2024, this figure
In recent years, investors from the Eurasian region have shown growing interest in Afghanistan with a focus on transport and energy infrastructure, as the country has the potential to become an important link between Central and South Asia. Afghanistan remains a net importer of investment from Eurasian countries, with the total volume of FDI stock from these
On April 6, Special Envoy for South and Central Asia Sergio Gor attended the first meeting in Washington D.C. of the U.S.-Uzbekistan Business Investment Council alongside Uzbekistan’s Head of the Presidential Administration Ms. Saida Mirziyoyeva. Speaking at the meeting, Special Envoy Gor stated, “President Trump understands the importance of Central Asia, and especially Uzbekistan, in
In China’s Fujian province, discussions were held regarding the localization of production and the launch of new Chinese enterprises with investments of up to $1.2 billion in Kazakhstan, according to the Kazakh Ministry of Trade and Integration. This was announced following the visit of Kazakhstan’s Minister of Trade and Integration, Arman Shakkaliyev, to Fujian province.
The “Kazakhstan–India Pharma Business Meeting” business forum, aimed at developing and deepening Kazakh-Indian cooperation in the pharmaceutical industry, was held on March 27 in Almaty. The forum brought together representatives of leading pharmaceutical companies and organizations, including Acies Pharmaceutical Pvt. Ltd., Abaris Healthcare Pvt. Ltd., Akriti Pharmaceuticals Pvt Ltd., and AMTEC Health Care Pvt Ltd.,
Central Asia Capital, a Bishkek-based private equity fund, in partnership with the Russian Export Center, has launched a political risk insurance program for Russian investments in Kyrgyzstan. According to Central Asia Capital, the new program is aimed at safeguarding investments against political risks, including restrictions on fund transfers, currency inconvertibility, expropriation of assets, trade sanctions,
Uzbekistan is a country in Central Asia that has undergone significant economic liberalization since President Shavkat Mirziyoyev took office in 2016. It is a doubly landlocked and a lower-middle-income country. The government’s “Uzbekistan 2030” strategy aims to achieve upper-middle income status by the end of the decade through private-sector development, foreign investment, diversification beyond commodities,
The European Bank for Reconstruction and Development (EBRD) says it is providing a loan of up to €25 million to support the investment program and working capital needs of RG Brands Group, Central Asia’s leading beverage producer incorporated in Kazakhstan. The loan will help RG Brands to expand its operations in Kazakhstan and Kyrgyzstan, and
On March 13, a roundtable meeting chaired by the Minister of Investment, Industry and Trade of Uzbekistan, Laziz Kudratov, was held with more than 20 representatives of the Turkish business community in the country. According to the Ministry of Investment, Industry and Trade, the main purpose of the meeting was to discuss issues arising in
The Bishkek-based International Business Council (IBC), one of the largest business associations in Kyrgyzstan, has prepared an analytical note analyzing key institutional factors affecting the business environment and investment attraction in the country. According to the report, while Kyrgyzstan’s GDP increased by 11.1% in 2025 compared to the previous year, the quality of the institutional
This year Uzbekistan plans to attract at least $1 billion in investment into the pharmaceutical industry and increase the share of domestically produced medicines in the domestic market to 70 percent by 2030 through the launch of new production capacities jointly with foreign companies, as well as increase pharmaceutical exports to $1 billion within the