AGP Executive Report
Last update: 3 hours agoUzbekistan Digital Payments: The Central Bank says technical preparations are underway for Apple Pay and Google Pay, with talks with the tech firms expected in September and a possible launch later this autumn, after March changes to the personal data law eased some localization rules. Banking Privacy Debate: A draft government resolution on how banks share information with tax authorities has sparked public pushback, with officials insisting it won’t abolish bank secrecy or give tax bodies free access to accounts. Reserves Watch: Uzbekistan’s international reserves fell by about $6.8bn in June to $63.75bn, mainly due to a drop in gold prices. Cybercrime Crackdown: Tashkent police dismantled two large fraudulent call centers tied to phishing and fake crypto investment schemes targeting Europe and North America. Green Push: President Mirziyoyev approved a 2026-2030 desertification plan and the Green Samarkand initiative, including reforestation across 1.27mn hectares and new “green wall” areas. Energy & Industry: Uzbekistan is moving ahead on a Central Asia SAF push, with Sinopec Engineering set to do FEED for a large sustainable aviation fuel complex. Trade & Investment Links: Japan and Uzbekistan discussed expanding energy cooperation worth billions, while Uzbekistan’s budget posted a small H1 2026 surplus of about $150m.
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