Emerging market stocks have been hit harder than it appears by the election of President Donald Trump.
It remains to be seen whether Mirziyoyev’s promise of change will remain just an empty promise or he will move to open ex-Soviet Central Asia’s most-populous country more to the outside world.
But many remain sceptical because of regime's history of never following up on announcements.
There are lots of reasons for investors to be wary of Uzbekistan, but with the presidential election on December 4 the process of change has begun.
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