AGP Executive Report
Last update: 2 hours agoU.S. Business Push: Secretary of State Marco Rubio is due in Samarkand on October 17 with more than 200 business leaders for C5+1 talks on trade, energy security and regional connectivity. Uzbekistan sees the visit as a chance to attract investment and technology. Regional Links: Uzbekistan, Azerbaijan and Turkmenistan discussed transport corridors, transit potential and energy projects at talks in Baku, as the three countries seek to expand practical economic cooperation. Financial Cooperation: Azerbaijan’s Deposit Insurance Fund and Uzbekistan’s Deposit Guarantee Agency signed a memorandum to share information, strengthen compensation systems and develop digital services. Energy Sector: Uzbekistan has canceled some oil-field licenses held by Saneg after the company failed to develop deposits and meet licensing terms; officials have not disclosed how many fields are affected. Trade and Infrastructure: Uzbekistan’s foreign trade reached $57.4 billion in January–August, while an ADB loan of $200 million will support power-grid modernisation.
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