AGP Executive Report
Last update: 2 hours agoTrade and Industry: Uzbekistan and Kazakhstan are seeking deeper industrial ties, with talks covering food processing, textiles, logistics and joint manufacturing. Aktobe producers also discussed supplying more meat and dairy to Uzbekistan. Uzbekistan–Turkmenistan: The two countries agreed to establish a Supreme Council of Strategic Partnership and adopted plans to expand trade and cooperation in industry, energy, transport, agriculture and water management. Growth Outlook: The World Bank projects Uzbekistan’s economy will grow 7.9% in 2026, among the fastest rates in Europe and Central Asia. Regional Markets: At the Central Asia-Azerbaijan summit, Uzbekistan proposed a regional business forum in 2027; Kazakhstan called for trade among the six countries to reach $20 billion, while Kyrgyzstan proposed a shared e-commerce platform. Mining: Algeria is seeking Uzbek expertise in geological mapping, mineral exploration and processing as it develops its mining sector. Financial Access: In 2025, 59.7% of Uzbekistanis aged 15 and over had a financial account, below Kazakhstan’s 87% and Kyrgyzstan’s 72.3%.
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