AGP Executive Report

Last update: 6 hours ago

Small Business Tax Overhaul: President Mirziyoyev signed a decree easing the tax burden for SMEs, including a higher threshold for switching to general taxation and a simplified VAT regime from June 1 (6% VAT on turnover for eligible catering, trade and services firms, plus fewer audits). EAEU Diplomacy: Mirziyoyev arrived in Astana for a working visit and is set to take part in the Supreme Eurasian Economic Council meeting as an observer state, underscoring Uzbekistan’s push for deeper regional trade links. Trade & WTO Progress: Uzbekistan concluded WTO accession market-access talks with India, signing a protocol to complete negotiations and move the file toward WTO Secretariat submission. Infrastructure Push: A Chinese firm won a tender for a $2.185bn Tashkent–Samarkand toll highway, with construction planned to start in July; meanwhile, Tashkent signed $3.5bn in China deals for transport, urban and environmental projects under an EPC+F model. Green Economy & Agriculture: Uzbekistan and ICBA launched an Aral Sea region accelerator program for farmers and agri-entrepreneurs, backed by an Abu Dhabi Fund grant, targeting water scarcity and soil salinization. Pharma Incentives: New support measures will reimburse up to 50% of foreign consulting and international certification costs for domestic pharma manufacturers (capped at $50,000), starting June 1. Tourism Growth via Platforms: Uzbekistan is expanding promotion through digital travel platforms, including Fliggy (Alibaba) and Trip.com, reporting rising Chinese interest and tour purchases. Aviation Connectivity: FlyKhiva will start regular Termez–Istanbul–Termez flights twice weekly from May 30, boosting access for Surkhandarya tourism and business travel.

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.

AGP Wire

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May 22, 2026

IT Park Uzbekistan to host Global Business Services Forum 2026 in Tashkent

EIN Presswire

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May 21, 2026

8B co-founder says central bank QR interoperability is fintech’s defining trend

EIN Presswire

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May 19, 2026

IMARC Group pitches nitrocellulose plant report as demand rises

EIN Presswire

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May 19, 2026

Uzbekistan signals investor-friendly shift with stock listing and reforms

EIN Presswire


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May 22, 2026

Philip R. Lane: Europe and the world economy

ECB - European Central Bank

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May 22, 2026

Global Business Services Forum 2026 to Bring International Outsourcing and Digital Services Leaders to Tashkent

EIN Presswire

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May 21, 2026

8B Co-Founder Bogdan Zadorozhny: Central Bank QR Interoperability Is the Defining Fintech Trend of the Decade

EIN Presswire

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May 21, 2026

EMGA arranges USD 15m financing for Asia Alliance Bank from OeEB

GlobeNewswire, Inc.

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May 20, 2026

Global Times: China, Uzbekistan's joint efforts in reviving Aral Sea a model for implementation of GDI: Uzbek expert and Tianshan Award winner

GlobeNewswire, Inc.

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May 19, 2026

Nitrocellulose Production Plant Setup, Feasibility Study, ROI Analysis and Business Plan Consultant

EIN Presswire

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