Uzbekistan economy to maintain strong growth in 2025
Uzbekistan’s economy is set to expand by 6.5 percent by the end of 2025, driven by rising household income and sustained investment, according to the Eurasian Development Bank.
Uzbekistan’s economy is set to expand by 6.5 percent by the end of 2025, driven by rising household income and sustained investment, according to the Eurasian Development Bank.
Uzbekistan will significantly expand its small hydropower capacity through a new $150 million World Bank project, aiming to enhance electricity access and boost renewable energy production nationwide.
Uzbekistan and Russia have signed a new agreement to explore the construction of a large-capacity nuclear power plant, while also revising plans for a previously announced small modular nuclear power plant (SMR).
A series of new appointments and reassignments have been made within the Presidential Administration of the Republic of Uzbekistan, according to a statement by Presidential Press Secretary Sherzod Asadov.
Saida Mirziyoyeva, a daughter of the Uzbek leader and former Assistant to the President, has been appointed as Head of the Presidential Administration.
Uzbekistan’s President Shavkat Mirziyoyev will pay a state visit to Mongolia on 24-25 June at the invitation of Mongolian President Ukhnaagiin Khurelsukh, aiming to strengthen bilateral relations and cooperation.
Uzbekistan and Pakistan have signed an action plan to accelerate the implementation of key bilateral projects and initiatives, marking a new phase in their expanding cooperation.
Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov and China Eximbank Chairman Chen Huaiyu signed a $500 million loan agreement for the telecom sector on June 21.
Azerbaijan’s Foreign Minister Jeyhun Bayramov and Uzbekistan’s Foreign Minister Bakhtiyor Saidov discussed bilateral partnership and regional security on the sidelines of the OIC Foreign Ministers’ meeting in Istanbul.
Uzbekistan’s Uzatom Agency and Russia’s Rosatom signed a Memorandum of Understanding to jointly develop radiation processing technologies for medical and agricultural sectors.
Baku hosted 14th meeting of the Joint Intergovernmental Commission on Cooperation between the Republic of Uzbekistan and the Republic of Azerbaijan. The delegations were headed by Uzbekistan’s Minister Laziz Kudratov and Azerbaijan’s Minister of Economy Mikayil Jabbarov.
The first pilot cargo shipment along the Uzbekistan–Kyrgyzstan–China–Mongolia transport corridor has been successfully completed.
At Eco Expo Central Asia 2025, Uzbekistan unveiled two major environmental initiatives that reinforce its commitment to sustainability and climate resilience:
President Ilham Aliyev welcomed Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov, in Baku, as the two countries look to deepen their strategic economic partnership.
Uzbekistan’s economic performance has remained strong, with robust growth, narrowing consolidated fiscal and current account deficits, and ample international reserves, stated the International Monetary Fund following to the 2025 Article IV Consultation with the Republic of Uzbekistan.
Uzbekistan and China have reaffirmed their strategic partnership with fresh momentum, agreeing to fast-track major infrastructure and investment projects including the China–Kyrgyzstan–Uzbekistan railway.
Azerbaijan and Uzbekistan’s foreign ministers have held talks amid escalating regional tensions following the Iran-Israel confrontation.
Azerbaijan and Uzbekistan discuss deepening economic cooperation at the IV Tashkent International Investment Forum.
Speaker of Azerbaijan’s Milli Majlis (National Assembly) Sahiba Gafarova met with Chairman of the Legislative Chamber of the Oliy Majlis of Uzbekistan, Nurdinjon Ismoilov, on the sidelines of the 14th plenary session of the Turkic Parliamentary Assembly (TURKPA) held in Astana, Kazakhstan.
The European Bank for Reconstruction and Development (EBRD) plans to invest another €1.1 billion in Uzbekistan this year, reinforcing its commitment to private sector growth and key infrastructure reforms.
Uzbekistan and Turkmenistan are stepping up efforts to expand cooperation across key sectors, with leaders from both countries meeting on the sidelines of the Tashkent International Investment Forum.
Azerbaijani Prime Minister Ali Asadov met with Uzbekistan’s President Shavkat Mirziyoyev in Tashkent to discuss strengthening bilateral ties and expanding cooperation.
Uzbekistan and Bulgaria signed a joint declaration on Tuesday to strengthen cooperation across multiple sectors, including trade, diplomacy, and transportation.
Uzbekistan and Slovakia have officially launched a strategic partnership following high-level talks in Tashkent between President of Uzbekistan Shavkat Mirziyoyev and Prime Minister of the Slovak Republic Robert Fico.
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