AGP Executive Report
Last update: 6 hours agoBusiness Reform Push: Uzbekistan unveiled a five-part business reform plan with nearly €1bn earmarked for measures spanning finance, AI, exports and company growth, including a digital credit portal for one-application loan offers and a guarantee scheme that lowers collateral needs for smaller firms. Renewables Expansion: Uzbekistan commissioned the 20-MW Chorbog wind farm in Tashkent Region, backed by a $28m Chinese grant, targeting up to 50m kWh of clean power annually. Energy Security & Grid Stress: A Central Asia blackout across Kazakhstan, Kyrgyzstan, Tajikistan and parts of Uzbekistan highlighted power-system strain and renewed calls for new generation and grid modernization. Trade Momentum: Uzbekistan and Azerbaijan are preparing a roadmap to lift bilateral trade to $1bn by 2030, with 2025 turnover at $307.3m and H1 2026 up 30.8% to $170.3m. Regional Connectivity: Kazakhstan’s Moyynty-Kyzylzhar rail project aims to shorten the Middle Corridor and ease Caspian bottlenecks, affecting transit flows that Uzbekistan also depends on. Cyber & Governance Risk: Researchers flagged “SilkParasite” malware targeting government bodies across Central Asia, including Uzbekistan, raising new compliance and security pressures for business. International Market Access: Uzbekistan’s first shipment of electrical household goods reached Aleppo, Syria, via an alternative route through Turkmenistan, Iran, Azerbaijan and Türkiye, supporting “Made in Uzbekistan” exports.
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