AGP Executive Report
Last update: 3 hours agoMining Investment: Algeria’s mines minister held talks in Uzbekistan on cooperation in exploration, geology and technical training, with both sides laying groundwork for future investment agreements. Logistics: Wildberries plans a major hub in Tashkent region, with construction due to start in late October. The project is expected to create about 7,500 jobs and train at least 2,000 people. Growth Outlook: The World Bank projects Uzbekistan’s economy will grow 7.9% in 2026, while the EBRD expects Central Asia to expand 5.8% this year, citing energy and water risks. Trade: Uzbekistan’s trade with Turkic states reached $10.8 billion, though imports exceeded exports. A China–Central Asia trade exhibition in Tashkent on Oct. 14–16 will seek to turn strong bilateral trade into longer-term industrial partnerships. Regional Connectivity: Kazakhstan, Uzbekistan and the UAE agreed to study a railway route through Afghanistan to Pakistani ports, aiming to connect Central Asia with the Indian Ocean.
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