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The Central. Asia

The Central. Asia

News from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan
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Category: Uzbekistan

Uzbekistan and Switzerland ink final agreement on return of Gulnara Karimova’s criminal assets 
Categories Uzbekistan

Uzbekistan and Switzerland ink final agreement on return of Gulnara Karimova’s criminal assets 

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 24, 2025

A step has been taken in the return of embezzled funds linked to Gulnara Karimova, as $95mn of the confiscated assets from Switzerland have…

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Uzbekistan aims for 15% service sector growth, reaching $82bn in 2025
Categories Uzbekistan

Uzbekistan aims for 15% service sector growth, reaching $82bn in 2025

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 24, 2025

Uzbekistan has launched its first trial of artificial rain technology in the Kenimekh district of the Navoi region, the regional administration announced.   The…

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“It would be better for them [Russia] to deal with their own problems rather than bothering us about our internal affairs,” Alisher Kadyrov leader of Milliy Tiklan…
Categories Uzbekistan

“It would be better for them [Russia] to deal with their own problems rather than bothering us about our internal affairs,” Alisher Kadyrov leader of Milliy Tiklan…

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • April 23, 2025

Russian Foreign Minister Sergey Lavrov, during his official visit to Uzbekistan, pointed out the absence of a Russian-language inscription on the “Mourning Mother” (Memorial…

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Plug and Play ventures into Central Asia with PointAI investment
Categories Uzbekistan

Plug and Play ventures into Central Asia with PointAI investment

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 23, 2025

Uzbekistan plans to localize electrical products worth nearly UZS 5 trillion ($384mn) this year, as part of a broader push to strengthen its electrical…

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Uzbekistan’s president tackles unemployment head-on, aiming to create 5 mn jobs by 2024
Categories Uzbekistan

Uzbekistan’s president tackles unemployment head-on, aiming to create 5 mn jobs by 2024

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 22, 2025

The number of business entities operating in Uzbekistan has continued to decline, with a reduction of 27,105 enterprises over the past year, according to…

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Investment in hotels, banks, and factories: investment contracts worth $11bn signed at TIIF-2023 
Categories Uzbekistan

Investment in hotels, banks, and factories: investment contracts worth $11bn signed at TIIF-2023 

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 22, 2025

Uzbekistan and the German Development Bank (KfW) formalized an agreement to secure a loan of €23.5mn and a grant of €3mn for the third…

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Factoring in the Civil Code
Categories Uzbekistan

Factoring in the Civil Code

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • April 21, 2025

Uzbekistan has adopted a law aimed at expanding entrepreneurs’ access to financial services by introducing amendments to several legislative acts and facilitating the development…

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Revamping Uzbekistan’s trade: Navigating outdated standards, logistical hurdles, and policy shifts for global market success
Categories Uzbekistan

Revamping Uzbekistan’s trade: Navigating outdated standards, logistical hurdles, and policy shifts for global market success

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 21, 2025

Uzbekistan has introduced new norms for duty-free imports and lifted all restrictions on exports, as part of sweeping reforms aimed at boosting domestic production,…

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Uzbekistan charts path to 2030 with economic growth, investment, and sustainability goals 
Categories Uzbekistan

Uzbekistan charts path to 2030 with economic growth, investment, and sustainability goals 

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 20, 2025

Uzbekistan added almost 200 MW of small-scale solar capacity in the first three months of 2025, according to the Ministry of Energy.   Between…

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1,185 microhydroelectric power stations will be built in Uzbekistan this year
Categories Uzbekistan

1,185 microhydroelectric power stations will be built in Uzbekistan this year

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • April 20, 2025

This year, 1,185 micro-hydroelectric power plants with a total capacity of 65 megawatts are planned to be commissioned in Uzbekistan. This was reported by…

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