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Macroregional Context

Uzbekistan establishes comprehensive Islamic banking framework opening new investment channels

Uzbekistan has formalized its entry into Islamic finance. A landmark law establishing comprehensive licensing and regulatory standards for Shariah-compliant banking operations will take effect...
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Macroregional Context

Uzbekistan launches free economic zone for modern greenhouse complex development

Uzbekistan has officially launched the "Surkhan-Agro" free economic zone in Sherabad District, Surkhandarya Region, marking a major strategic initiative to develop modern agricultural infrastructure...
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Macroregional Context

Uzbekistan opens international digital technology center to position itself as regional IT hub

Uzbekistan is establishing a new International Center for Digital Technologies, branded as Enterprise Uzbekistan, positioning itself as a gateway for international technology companies entering...
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Macroregional Context

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...
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Macroregional Context

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...
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Macroregional Context

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....
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Macroregional Context

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,...
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Macroregional Context

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...
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Macroregional Context

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...
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