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Uzbekistan launches incentive scheme to reward industrial enterprises for environmental improvements

Uzbekistan is rolling out a significant carrot-and-stick approach to industrial environmental compliance. Under Government Resolution No. 85, adopted on February 28, 2026, enterprises that...

Uzbekistan allocates $70.8 billion for 2026 reform program targeting economic modernization and infrastructure development

Uzbekistan is channeling a massive $70.8 billion into its 2026 reform agenda, combining 250.5 trillion sum ($20.4 billion) in domestic funding with approximately $50.4...

Uzbekistan launches comprehensive overhaul of technical standards to align with international requirements

The state is undertaking a far-reaching transformation of its technical regulation and standardization system, marking a decisive shift toward international practices and market-based controls....

Uzbekistan overhauls state procurement system to support domestic producers and enhance transparency

Uzbekistan is executing one of its most ambitious economic reforms in years — a radical overhaul of state procurement designed to eliminate price manipulation,...

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...
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