AGP Executive Report
Last update: 7 hours agoDigital Push: Uzbekistan’s Digital Technologies minister met China’s SINOSURE to map export insurance and financing for telecom and IT transformation projects, with Huawei flagged for local job creation. Tech & Startups: Tashkent kicked off Global Tech Weekend (15–17 May) with 120 speakers and dozens of events aimed at boosting the startup ecosystem and cross-border tech ties. Energy Costs: New electricity and gas tariffs are set to start 1 June 2026, raising kWh and keeping differentiated household gas rules. Gas Output Boost: Condor Energies said April production topped 14,000 boe/d after a new horizontal well connection, lifting Q1 output 12.3%. Finance & Markets: UzNIF completed what’s described as Uzbekistan’s biggest IPO, raising about $603.6m via a Tashkent offering and London GDR placement; lawmakers also advanced the Tashkent International Financial Center law. Payments & Consumer Protection: UZCARD and Mastercard agreed to expand digital payments and cross-border settlement, while the Central Bank ordered tighter ATM oversight for failed transactions and delayed refunds. Regional Connectivity: Uzbekistan’s TRACECA leadership role was confirmed, and a unified transit permit form was signed to cut paperwork across member states.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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