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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U.S. President Donald Trump said on Monday that there is a good chance” of reaching a deal with Iran, but warned that Washington would resume military operation if negotiations fail.
Iran will halt its own attacks as long as the United States maintains its pause on strikes, but Tehran remains sceptical of U.S. intentions, a senior Iranian source told on Sunday.
The Russia-Ukraine war is increasingly reshaping the Caspian region. From threats to energy infrastructure to renewed diplomatic efforts, countries across the region are adapting to the wider consequences of a conflict that continues to disrupt trade, transport and security.
A New York school district has put plans to introduce a humanoid robot into classrooms on hold after fierce criticism from teachers, Indigenous community members and state education officials over the use of artificial intelligence in schools.
Russian President Vladimir Putin has signed laws introducing stricter financial requirements for foreign workers, as Moscow continues to tighten migration controls affecting millions of labour migrants, particularly from Central Asia.
Moscow should stop linking Russia-Armenia relations to Azerbaijan, Baku's Foreign Ministry spokesperson Aykhan Hajizada has said, after Russia again raised the Collective Security Treaty Organisation's role during the former Garabagh conflict.
President Donald Trump has dismissed Israeli Prime Minister Benjamin Netanyahu's opposition to a potential sale of F-35 fighter jets to Türkiye, saying U.S. arms sales are decided by Washington alone. He also praised Türkiye as "a tremendous ally" and President Recep Tayyip Erdoğan as "a friend".
Pakistani businesses are warning that growing difficulties in obtaining United Arab Emirates (UAE) visas are disrupting trade, delaying investment and limiting access to a key export market, despite both Islamabad and Abu Dhabi saying there is no official visa ban.
Armenian Prime Minister Nikol Pashinyan has urged Russian President Vladimir Putin to resolve a dispute over trade restrictions imposed by Moscow, Yerevan's government said on Monday.
Türkiye has begun renovating the Akyaka-Gyumri railway as preparations continue for a possible reopening of the Armenia-Türkiye border and the reactivation of the Gyumri-Kars rail link.
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