AGP Executive Report
Last update: 3 hours agoUzbekistan–Tajikistan Finance Ties: Tajikistan and Uzbekistan signed a finance cooperation plan for 2026–2027 in Tashkent, with both sides reviewing economy, trade and investment coordination. Energy Exports & Transit: SOCAR Trading started shipping Uzbek-produced naphtha to international markets via the Black Sea, expanding Central Asia’s fuel transit capacity. Education Funding: The World Bank approved $105m for Uzbekistan’s primary education reform, including teacher training and new school seats across six regions. Trade Snapshot: Uzbekistan’s foreign trade turnover hit about $32.8bn in Jan–May; exports fell while imports rose, widening the deficit to $7.5bn. Cotton-Cluster Subsidies Under Scrutiny: Labor rights groups warn Uzbekistan’s new cotton-textile subsidies and VAT refund support could worsen rural power imbalances without worker-focused reforms. Regional Connectivity: Royal Jordanian launched direct Tashkent–Amman flights twice weekly, aiming to boost tourism and business links. Finance for Private Sector: ICIEC and ICD completed their first joint syndicated financing in Uzbekistan for Asakabank, combining Shariah-compliant funding with credit risk insurance. Water Tensions: Kyrgyzstan renewed calls for compensation over transboundary water, while Kazakhstan and Uzbekistan rejected payment terms under existing agreements.
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