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.
The announcement was made during a meeting between President Shavkat Mirziyoyev and EBRD President Odile Renaud-Basso, ahead of the third session of the Foreign Investors Council. The EBRD reaffirmed its support for the successful implementation of Uzbekistan’s Partnership Strategy, particularly in the banking sector.
President Mirziyoyev outlined future collaboration priorities, such as upgrading the water supply system, boosting energy efficiency, expanding the mortgage market, enhancing infrastructure in free economic zones, and supporting small businesses and women entrepreneurs. He also emphasized stronger public–private partnerships in education and healthcare, and nurturing innovation through startup ecosystems focused on AI and digital transformation.
The two sides also discussed the strategic agenda for the upcoming Foreign Investors Council meeting, aiming to further deepen economic cooperation and attract foreign investment.
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The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Afghanistan’s Deputy Prime Minister for Economic Affairs, Abdul Ghani Baradar, met with Azerbaijani Prime Minister Ali Asadov in Baku to discuss expanding trade and developing the Lapis Lazuli transport corridor.
Azerbaijan and Kyrgyzstan have explored new avenues for energy cooperation during a high-level meeting in Baku.
Türkiye’s President and Iranian President met on the sidelines of the 17th Economic Cooperation Organization summit in Khankendi, Azerbaijan, highlighting the event’s regional significance.
In his speech at the Economic Cooperation Organization Summit held in Khankendi, the President of Uzbekistan urged to define the medium and long-term development priorities of the organization and put forward a proposal to adopt the concept of 'Strategic Goals of Economic Cooperation – 2035.
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