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Central Asian republic implements sweeping customs reforms to accelerate trade and reduce business compliance costs

A significant overhaul of customs procedures is reshaping the trade landscape in a Central Asian republic, introducing a package of measures designed to streamline...

Uzbekistan’s central bank holds interest rates steady as inflation slows toward target

Uzbekistan's Central Bank maintained its benchmark interest rate at 14% annually on December 11, signaling confidence that its tight monetary grip is working while...

Uzbekistan switches to market-based property taxation and tightens compliance rules for construction and trading sectors

Uzbekistan has fundamentally altered its approach to taxing real estate and construction materials, moving from cadastral valuations to market-based assessments effective January 1, 2026....

Uzbekistan secures AIIB backing for comprehensive green economy and market reforms

Uzbekistan and the Asian Bank of Infrastructure Investment (AIIB) have signed a major financing agreement worth $500 million to support the country's transition toward...

Uzbekistan launches comprehensive program to eliminate bureaucracy and transform business environment

Uzbekistan has initiated a major transformation of its regulatory landscape by rolling out a comprehensive anti-bureaucracy program aimed at creating what authorities describe as...

Uzbekistan launches dedicated financing for light industry development

Uzbekistan's government has approved a new regulatory framework designed to accelerate growth in the light industry sector. Cabinet of Ministers Resolution No. 729, adopted...

Uzbekistan ramps up commercial bank lending to boost small business and entrepreneurship

Uzbekistan is preparing to significantly expand its support for entrepreneurs and small businesses in 2026 through an aggressive push to increase commercial bank lending....

Uzbekistan demonstrates rapid private sector growth amid economic restructuring for WTO entry

Uzbekistan has made substantive progress in reshaping its economic model, transitioning from state-dominated sectors toward competitive private enterprise. In early November 2025, the country's...

Uzbekistan establishes legal framework for artificial intelligence with penalties for misuse

Uzbekistan's Senate has approved a comprehensive law regulating the use of artificial intelligence technologies, marking the first time the country has formally defined AI...
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