The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of US $165.5m to improve road efficiency, safety and climate resilience of major cross-border roads in the Bukhara region in Uzbekistan. Good road connectivity is an essential growth driver in landlocked Uzbekistan. The country’s road network plays an important role in transporting goods and…
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Uzbekistan filed an official application for the beneficiary status of the European Union’s General System of Preferences Plus (GSP +), the Ministry of Investment and Foreign Trade (MIFT) said. “Uzbekistan’s obtaining this status will help significantly increase the volume of exports to the EU and increase the competitiveness of Uzbke goods in the European market,…
Bangladesh and Uzbekistan have agreed to form Joint Working Group (JWG) to boost bilateral trade and investment through removing different barriers. Commerce Minister Tipu Munshi gave the information on Tuesday at a view exchange meeting with Uzbekistan’s Deputy Prime Minister and Investment and Foreign Trade Minister Sardor Umurzakov through a videoconference from the secretariat in…
The president of Uzbekistan, Shavkat Mirziyoyev, addressed the newly formed parliament on Friday (24 January), laying out his plans for the next five years. The banking sector, fighting corruption, foreign direct investment, poverty reduction and international trade were at the top of the agenda. Mirziyoyev took charge of Central Asia’s most populous country in 2016…
Uzbekistan is making strong progress implementing challenging economic reforms to support growth and build opportunities for citizens, says Cyril Muller, World Bank Vice-President for Europe and Central Asia. Visiting Uzbekistan on 26-27 February, Mr. Muller reaffirmed the World Bank’s continued support for the country’s transformation agenda. Mr. Muller met with Shavkat Mirziyoyev, President of Uzbekistan,…