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.
During their meeting in Tashkent, Kudratov and Chen Huaiyu also reviewed progress on current projects and explored new areas of cooperation, including hydropower infrastructure, sustainable agriculture, and modernization of Uzbekistan’s transport network.
The newly signed $500 million telecom sector agreement will accelerate Uzbekistan’s IT development. Minister Kudratov expressed confidence that Eximbank’s continued support would bring strong results for Uzbekistan’s digital economy.
Since 2002, China Eximbank has supported 51 joint projects in Uzbekistan worth $3.2 billion, spanning infrastructure, green energy, transport, agriculture, education, and healthcare. Currently, two projects worth $1.9 billion are in progress, with another 13 projects valued at $2.2 billion under review.
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Türkiye’s Foreign Minister Hakan Fidan has warned against actions in the Black Sea that could threaten regional stability, saying he raised the issue directly with Russia during talks in Moscow.
Lithuania’s ruling Social Democratic Party has said its chairman, Mindaugas Sinkevicius, is preparing to become the country’s next prime minister, replacing Inga Ruginiene.
An exiled Russian artist has been shot dead in Poland days after he carried out a one-man protest against Vladimir Putin, featuring a caricature of the Russian President as a baby held by the Soviet-era dictator Joseph Stalin.
Israel's Supreme Court has rejected an appeal seeking the release of prominent Palestinian doctor Hussam Abū Ṣafiyah, who has been held without charge since his detention in Gaza in late 2024.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
A strong 6.7-magnitude earthquake struck Indonesia's Sulawesi island early Tuesday, killing at least one person and injuring four, according to emergency authorities.
Israel's Supreme Court has rejected an appeal seeking the release of prominent Palestinian doctor Hussam Abū Ṣafiyah, who has been held without charge since his detention in Gaza in late 2024.
An exiled Russian artist has been shot dead in Poland days after he carried out a one-man protest against Vladimir Putin, featuring a caricature of the Russian President as a baby held by the Soviet-era dictator Joseph Stalin.
Kazakhstan has signed a $10 billion agreement with Firebird and NVIDIA to build one of Central Asia's largest AI computing hubs, as governments increasingly compete for the infrastructure needed to power artificial intelligence.
A secretive offshore oil transfer network backed by U.S. military support has helped keep Gulf energy exports flowing despite major disruption around the Strait of Hormuz, a Reuters investigation has found.
Azerbaijan’s President Ilham Aliyev has praised U.S. President Donald Trump for his role in advancing peace efforts in the South Caucasus, describing recent diplomatic developments as an important step towards long-term regional stability.
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