AGP Executive Report
Last update: 11 hours agoCentral Bank Reserves Strategy: Uzbekistan’s central bank is seeking input from Goldman Sachs and BlackRock on how to manage its growing reserves, which have reached about $77.1bn, with roughly 83% in gold—signaling a push to professionalize reserve investing. Middle Corridor Financing: PMCG says the Middle Corridor needs more private capital and financial infrastructure to unlock faster, larger trade flows—while ADB is preparing up to $400m for border-crossing modernization across CAREC countries, including Uzbekistan. Trade & Connectivity with Azerbaijan: Uzbekistan and Azerbaijan signed a Treaty on Eternal Friendship in Tashkent, pairing trade, joint investment and transport projects aimed at building a wider economic space linking Central Asia to the South Caucasus and beyond. Islamic Finance Push: At the Silk Road Finance & Technology Forum, Uzbekistan outlined staged development of Islamic microfinance, banking and capital markets to diversify funding channels and attract international investors. EU Export Gains: Uzbekistan says EU-bound exports are rising under GSP+ as it tightens standards for food safety and rules of origin, with shipments to Belgium already topping $1m in the first half of 2026. Telecom Deal: Uzbekistan and China Eximbank are advancing a $500m telecom project. Textile Industry Calendar: Tashkent will host CAITME 2026 and Global Textile Days, bringing 250 firms from 17 countries to upgrade the sector.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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