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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Axios has published the full 28-point framework drafted by the U.S. administration, outlining a proposed settlement between Ukraine and Russia built on security guarantees, territorial provisions and long-term economic arrangements.
South Africa and the European Union vowed to defend multilateralism on Thursday (November 20), ahead of the G20 summit, as they signed a partnership on critical minerals.
More international support is needed to stabilise the Palestinian fiscal situation, the European Commissioner for the Mediterranean Dubravka Suica said on Thursday (November 20).
Russian President Vladimir Putin visited the command post of the Russian forces “West” grouping on Thursday (November 20), meeting with Chief of Russia’s General Staff Valery Gerasimov and senior military officials, the Kremlin said.
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of Semeru volcano, one of the country's tallest mountains.
Iran's air force, heavily reliant on aging F-14A Tomcat jets, faces a growing technological gap as its neighbors rapidly modernize their air forces with advanced fighter jets and air defense systems.
Ukraine says it will seek almost $44 billion from Russia to cover the climate damage caused by wartime emissions, marking the first attempt by any nation to bill an aggressor for its carbon footprint during conflict.
A fresh wave of floods and landslides triggered by heavy rainfall in central Vietnam since the weekend has claimed at least eight lives, according to a government report on Wednesday. Traders have also cautioned that the extreme weather could disrupt the ongoing coffee harvest.
Germany has returned 12 royal-era cultural artefacts to Ethiopia in a ceremony in Addis Ababa, marking a formal step in ongoing cultural cooperation between the two countries.
The cancellation of the long-anticipated Georgia–EU Human Rights Dialogue — just days before it was set to take place — has ignited a political storm that neither side seems prepared to extinguish.
At least 25 Palestinians have been killed in four Israeli airstrikes on Wednesday in a part of Gaza under Hamas control since a shaky ceasefire took effect in October, local health authorities said.
Armenian President Vahagn Khachaturian’s official visit to Georgia is testimony to a rapidly strengthening partnership between the two neighbouring state following the initialling of the Armenia–Azerbaijan peace agreement.
The governments of Uzbekistan and Turkmenistan have launched a new visa-free border trade zone at Shavat–Dashoguz that allows mutual visa-free movement for their citizens.
At the Kazakhstan - Estonia business forum, companies from both countries signed 11 commercial agreements totalling more than $517 million.
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