AGP Executive Report
Last update: 3 hours agoUzbek-India Trade Talks: India’s Piyush Goyal floated a possible free trade agreement with Uzbekistan as both sides push to double trade to about $3bn in three years, with mining and rare-earth processing high on the agenda. China’s Growing Footprint: China is expanding its role in Uzbekistan fast—1H26 trade hit $7.7bn (Uzbek data) and Chinese firms’ presence rose to 6,060 joint ventures/companies, alongside a surge in Chinese tourism after visa-free travel. Uzbek-Kyrgyz Jobs & Industry: The Uzbek-Kyrgyz Development Fund backed 37 projects worth $100.5m, supporting 883 new jobs and boosting trade turnover by $40m, with work spanning textiles, energy, logistics and manufacturing. AI Economy Push: Uzbekistan is trying to turn its IT outsourcing base into an AI export economy, while a separate report highlights how AI tools are spreading across Central Asia in education and healthcare. Finance Watch: Uzbekistan’s National Investment Fund posted a near-4,000% YoY profit jump largely driven by unrealised gains tied to market revaluations after its May 2026 IPO. Aviation & Connectivity: Centrum Air plans direct Tashkent–Karachi flights from Sept 3, while Oman Air added five cargo routes including Tashkent to strengthen time-sensitive logistics. Gold Reserves: Central banks bought 51 tonnes of gold in June; Uzbekistan was among the buyers with 9 tonnes.
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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