Uzbekistan

TIIF 2026: Uzbekistan's privatisation drive finds its stride

Ben Aris in Tashkent June 21, 2026

In the space of six weeks this spring, Uzbekistan delivered two transactions that were gamechangers for the country’s image and starter’s guns for the privatisation process.

TIIF 2026: Credit agencies, development banks race to fill Uzbekistan's financing gap

\Ben Aris in Tashkent June 21, 2026

When Commerzbank opened its Tashkent office in 1998, Uzbekistan's economy stood at roughly $13bn. Last year it reached $145bn, having more than doubled from $60bn just nine years earlier.

TIIF 2026: Albania looks to Central Asia and Middle Corridor links to Asia

Ben Aris in Tashkent June 21, 2026

When Albanian President Bajram Begaj addressed the Tashkent International Investment Forum (TIIF), he was making the case for a relationship that, by his own government's admission, has barely existed for the past three decades.

TIIF 2026: Russian e-commerce giant Wildberries ramps up Central Asian operations

Ben Aris in Tashkent June 21, 2026

Russia’s largest e-commerce operator Wildberries became the largest retailer of any sort when it overtook MasterSport in 2019 and took Russia into a new age of e-commerce. Now it is expanding into Uzbekistan's fast growing economy.

TIIF 2026: Europeans rush in to a booming Uzbekistan

Ben Aris in Tashkent June 20, 2026

When Lord Jason Stockwood, Britain's Minister of State for Investment, addressed an investor panel at the fifth Tashkent International Investment Forum (TIIF) in June, he was brimming with enthusiasm.

TIIF 2026: From airports to biotech clusters Uzbekistan and Korea scale up new industrial partnership

bne IntelliNews June 19, 2026

Uzbekistan-Korea Business Forum showed that for Seoul, Central Asia country has become a key partner.

Uzbekistan seeks to become the digital command centre of the Middle Corridor

Tom Aris and Mokhi Sultanova in Tashkent June 18, 2026

As billions of dollars are poured into infrastructure across Central Asia and the Caucasus, the official responsible for coordinating much of the Middle Corridor says the route's biggest challenge is not physical infrastructure but governance

Uzbekistan seeks to escape the raw materials trap as critical minerals boom gathers pace

By Tom Aris in Tashkent June 18, 2026

Uzbekistan is seeking to transform itself from a supplier of raw materials into a producer of higher-value industrial goods as the global scramble for critical minerals accelerates.

TIIF 2026: Russian PM praises strong economic ties with Uzbekistan

Ben Aris in Tashkent June 18, 2026

In a show of the pragmatic good relations that continue between Russia and Uzbekistan, Russian Prime Minister Mikhail Mishustin praised the economic and trade ties between the two countries at the plenary session of the fifth TIIF.

TIIF 2026: Uzbekistan looks beyond tax breaks as special economic zones become engines of industrialisation

Tom Aris in Tashkent June 18, 2026

Uzbekistan is seeking to transform its network of SEZs. Policymakers and investors are increasingly focused on how Central Asia can convert abundant natural resources into higher-value economic activity.

Uzbekistan’s growth ambitions collide with shrinking water supplies

Tom Aris in Tashkent June 17, 2026

Country's plans to expand agricultural production, industrial output and exports are running into an increasingly uncomfortable and stark reality.

Uzbekistan FDI on the rise

Ben Aris in Tashkent June 17, 2026

Uzbekistan has emerged as one of the developing world's most compelling investment stories, pulling in a record $43.1bn in FDI and loans in 2025 — up sharply from $31.9bn in 2024 and $19.5bn in 2023.

Commentary: Kokand and Forgotten Origins of Soccer in Central Asia

Diego Benning Wang June 17, 2026

Local institution, not foreign import.

TIIF 2026: Uzbekistan's $4 trillion Islamic finance opportunity

Ben Aris in Tashkent June 17, 2026

Uzbekistan is an unusual case in the Islamic world. Its population of nearly 40mn is overwhelmingly Muslim — around 90% — yet the country has operated since independence as a secular state, with a conventional western-style banking system.

TIIF 2026: An Uzbek boom is underway

Ben Aris in Tashkent June 17, 2026

At the fifth Tashkent International Investment Forum, Shavkat Mirziyoyev laid out the most ambitious reform agenda in Central Asia. Ben Aris reports from a country that is transforming faster than almost anyone expected.

TIIF 2026: Central Asia, new Asian tiger

Ben Aris in Tashkent June 17, 2026

Central Asia used to be thought of as sitting at the “navel of the world,” about as far away from everywhere as it was possible to be. Today that perception has changed as once again it finds itself at the centre of things.

Kazakh president’s pet project gets boost from China

Eurasianet June 15, 2026

China-Central Asia Monitor: June 5-11, 2026.

EU-regulated CI Ratings assigns BBB international rating to EDB with stable outlook

bne IntelliNews June 11, 2026

Highlights strong capital position, robust asset quality, comfortable liquidity profile and low refinancing risk.

US officials avid in commitment to Central Asia critical minerals at Astana meeting

bne IntelliNews June 10, 2026

Trump special envoy to region says deals will be "win-win". Russia, meanwhile, is not amused.

Uzbekistan plans 32 mining AI and digital projects through 2030

Mokhi Sultanova in Tashkent June 10, 2026

Part of plan to attract $30bn in investment. Cutting-edge tech could accelerate analysis of geological data, raise efficiency of drilling operations.

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