Economics Hot News

27 September 18:23

Uzbekistan deepens ties with the US as Mirziyoyev pushes for higher exports and investment.

Uzbekistan is stepping up efforts to expand trade and investment, both at home and abroad, with President Shavkat Mirziyoyev setting ambitious targets and unveiling new initiatives to link the country’s regions with individual US states..

27 September 11:33

Uzbekistan and Jordan expand cooperation in uranium and mineral exploration.

Uzbekistan and Jordan have agreed to expand cooperation in uranium and critical mineral exploration, with joint projects planned in copper, rare metals, and other industrially important resources..

27 September 08:00

CNPC partners with Uzbekistan to build 1.5 bcm underground gas storage in Kashkadarya.

The Ministry of Energy has signed an agreement with China National Petroleum Corporation (CNPC) to build an underground gas storage (UGS) facility in Koson district of Kashkadarya region. The facility will be based on the Qorabayir field and will have a capacity of 1.5 billion cubic meters..

26 September 20:10

UAE company buys controlling stake in Uzbekistan’s Yashil Energiya.

The UAE’s Global South Utilities (GSU) has acquired a 51 percent stake in Yashil Energiya, a company engaged in installing and operating solar panels in Uzbekistan. GSU will invest $27 million to develop small-scale solar energy projects, mini hydropower plants, and charging infrastructure for electric vehicles..

Economics News

Chinese investors propose solar, wind, and pharmaceutical ventures in Fergana.

Chinese investors have proposed building a wind power plant and a special machinery factory in the region..

26 September 16:07

Uzbekistan and Rosatom sign agreement on construction of large nuclear power plant in Jizzakh.

A single site is set to host an integrated nuclear power plant that will include both a small-capacity unit of 110 MW and a large-capacity station of 2 GW..

26 September 15:58

Ministry reports 14 cases of labor violations in cotton harvest season.

Three officials were held accountable under Part 1 of Article 51 of the Administrative Liability Code for allowing the use of forced labor..

26 September 12:31

EBRD forecasts 6.7 percent economic growth in Uzbekistan for 2025.

According to the European Bank for Reconstruction and Development (EBRD), Uzbekistan’s GDP is projected to grow by 6.7 percent in 2025 and by 6 percent in 2026..

25 September 20:16

Two individuals under investigation in Navoi for illicit crypto-asset transfers abroad.

Navoi regional authorities have uncovered illegal activities involving cryptocurrencies valued at nearly $2.5 million, carried out by two individuals who converted funds into crypto-assets and transferred them abroad..

25 September 16:30

Car production in Uzbekistan up 9.2 percent despite fall in popular models.

Production of Uzbekistan’s most popular car model – Cobalt – continued to fall for the fifth month in a row compared to the same periods of 2024. In August, output dropped by 8.4 percent. Significant decreases were also recorded in the production of Onix and Damas models..

25 September 14:25

Court halts operations of Navoiyazot unit and other plants in Navoi region.

The suspension is linked to air pollution in the city of Navoi and surrounding areas. At present, lawsuits have been filed with economic courts to halt the operations of 22 enterprises and workshops negatively affecting the atmosphere..

25 September 14:08

Gulnara Karimova’s confiscated funds to be directed to renovation of rural schools in Uzbekistan.

The Ishonch Fund Management Committee, which oversees the return of confiscated assets from Switzerland to Uzbekistan, has announced a new project..

25 September 12:58

Central Bank of Uzbekistan to expand investments in foreign government bonds.

The Central Bank of Uzbekistan has already purchased U.S. Treasury securities but is now considering investments in the debt instruments of other countries. The regulator emphasized that the plan involves only government bonds, not corporate stocks..

25 September 11:11

Uzbekistan cuts census spending to UZS 150 billion.

According to the National Statistics Committee, the initially planned expenses for the population census (UZS 1.5 trillion) have been reduced tenfold. The large-scale event, scheduled for 2026, will cover both the population and agriculture..

24 September 20:18

Over $6 million recovered in favor of Uzbek labor migrants between 2020–2024.

The third Inter-Parliamentary Forum of Central Asian countries in Bishkek addressed key issues of migration, labor flows, economic stability, and the protection of citizens’ rights..

24 September 17:42

Analysis of Greenhouse Gas Emissions and Prospects for Industrial Decarbonization in Uzbekistan

The Center for Economic Research and Reforms (CERR) has presented an analytical review of greenhouse gas (GHG) emission dynamics, climate risks, and industrial decarbonization strategies in Uzbekistan. The study highlights both current trends and long-term low-carbon development scenarios.

24 September 12:55

US dollar falls to two-year low against UZS.

The US dollar has fallen to its lowest rate against the UZS in 24 months, dropping below UZS 12,200, according to the Central Bank of Uzbekistan. Since the beginning of the year, the national currency has strengthened by nearly 5.7 percent against the dollar. What factors are driving the UZS’s stabilization?.

24 September 10:16

“I personally guarantee success of American companies in Uzbekistan,” president tells US businesses

President of Uzbekistan, meeting US businesses in New York, said he personally guaranteed the success of American companies operating in the country. He outlined four priority areas for partnership.

24 September 05:21

Foreign tourist arrivals in Uzbekistan up 49 percent in seven months.

In the first seven months of 2025, 6.3 million foreign citizens visited Uzbekistan for tourism purposes, according to the National Statistics Committee. This is almost 2.1 million more than in the same period last year, representing a 48.9 percent increase..

23 September 19:32

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