Georgia and Uzbekistan target $1 billion in annual trade
Georgia and Uzbekistan are aiming to nearly quadruple annual trade to $1 billion, up from $267.6 million in 2025, as the two countries seek to stre...
Kyrgyzstan's GDP surged 11.7% year on year in the first half of 2025, driven by gains in services, construction and production, despite a decline in external trade.
Kyrgyzstan’s gross domestic product reached more than 8.1 billion U.S. dollars in the first six months of 2025, marking a robust 11.7% year-on-year growth, the National Statistics Committee reported on Tuesday.
The expansion was underpinned by a 15% rise in commodity production and a 10% increase in the service sector. Net taxes on products also contributed, growing by 11.4% over the same period.
Particularly strong gains were recorded in hotel and restaurant services, which soared by 49.1% year on year, signalling a rebound in tourism and domestic hospitality.
The construction sector also saw notable momentum, with output rising 42.5% compared to the first half of 2024.
Between January and June, wholesale and retail trade, including car and motorcycle repair services, climbed by 12.1%, while cargo transportation registered a 12.5% increase.
However, despite the domestic growth, Kyrgyzstan’s external trade showed signs of weakness. Trade in goods during the first five months of 2025 totalled 5.77 billion dollars, representing a 14.4% year-on-year decline, according to the committee.
The data reflects a continued divergence between strong internal economic activity and pressures on the country’s trade performance amid broader regional and global economic uncertainties.
One person was killed and nearly a dozen hurt in a fresh attack on Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis killed 13 people and wounded more than 300.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
Georgia and Uzbekistan are aiming to nearly quadruple annual trade to $1 billion, up from $267.6 million in 2025, as the two countries seek to strengthen economic ties and expand transport links.
Iran has warned against the military use of Starlink, saying it has developed domestic technology capable of countering cyber threats linked to the satellite internet service.
Afghanistan has accused Pakistan of blaming Kabul for its domestic political and security problems, as Islamabad repeated claims that militants are using Afghan territory to launch attacks across the border.
Pakistan has called on Afghanistan’s Taliban authorities to crack down on militants operating from Afghan territory, warning that cross-border attacks pose a growing threat to regional security.
Saudi Arabia has vowed to remain resilient after a wave of Houthi missile and drone attacks killed around 20 people at Riyadh's main airport, raising concerns over the kingdom's air defences and disrupting flights across the region.
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