Uzbekistan Update: April 1 - 15, 2026
Biweekly update on key developments in Uzbekistan
EUROUZ, in partnership with the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan, is pleased to invite you to the 5th Tashkent International Investment Forum (TIIF-2026), taking place on 16–18 June 2026 in Tashkent.
Held with the participation of H.E. Shavkat Mirziyoyev, TIIF is Central Asia’s premier investment platform, bringing together 3,000+ participants from 90+ countries.
Theme: Investment Resilience: New Frontiers, New Partnerships
Focused on Uzbekistan’s ongoing reforms, global integration, and new investment opportunities.
Forum highlights:
Presidential Plenary Session with global leaders and CEOs
20+ high-level panels (finance, energy, trade, AI, etc.)
6,000 m² exhibition across 10+ sectors
For EUROUZ members, TIIF offers direct access to key decision-makers and a unique platform to advance European–Uzbek partnerships.
EUROUZ is proud to be a partner of TIIF for the 5th consecutive year.
Early bird registration is now open.
Register: www.tiif.online | info@tiif.online
Table of contents of this Uzbek.Review report for paid subscribers & members:
1. INTERNATIONAL COOPERATION
1.1 EUROPE
1.2 CENTRAL ASIA, CAUCASUS & CIS
1.3 RUSSIA & CHINA
1.4 ASIA, EAST ASIA & SOUTH-EAST ASIA
1.5 MIDDLE EAST
1.6 NORTH & SOUTH AMERICA
1.7 INTERNATIONAL ORGANIZATIONS
2. PUBLIC POLICY
3. LEGISLATION & GOVERNMENT
3.1 LEGISLATIVE CHANGES
3.2 NOTABLE APPOINTMENTS
4. ECONOMY
4.1 KEY ECONOMIC INDICATORS, LOANS, & PUBLIC FINANCE
4.2 IFI’s, BAKNING & FINANCE
4.3 AGRICULTURE, MINING, & MANUFACTURING
4.4 CONSTRUCTION & REAL ESTATE
4.5 TRADE AND BUSINESS
4.6 ENERGY & PETROCHEMICALS
5. USEFUL LINKS AND NOTABLE PUBLICATIONS
UPCOMING EUROUZ & MEMBER EVENTS
23 April 2026, PULSE with TIC — Reconnecting Community Reception
We are pleased to inform you that EUROUZ, in partnership with its member Tashkent International Clinic and in cooperation with AMCHAM, invites you to attend the Reception: PULSE with TIC — Reconnecting Community. The reception will convene members of the international business community in Uzbekistan, providing an opportunity for professional networking and engagement in an informal setting.
As Tashkent International Clinic provides services exclusively to foreign nationals, we kindly encourage our members holding foreign citizenship to participate in this event.22 April 2026, Compliance & Corporate Governance Committee Internal Meeting
EUROUZ invites its members to the upcoming Compliance & Corporate Governance Committee internal meeting, dedicated to one of the most requested discussion topics identified by participants: sanctions regimes and corporate compliance obligations. The session will focus on the practical impact of modern sanctions frameworks on businesses operating in Uzbekistan and the region, bringing together business representatives and international experts to discuss risk management approaches and evolving compliance expectations.
Exclusive to EUROUZ members28 April 2026, Healthcare & Life Sciences Committee Roundtable
EUROUZ invites members and partners to the upcoming roundtable of the Healthcare & Life Sciences Committee, a key platform for structured dialogue on the development of Uzbekistan’s healthcare and pharmaceutical sectors. Building on more than three years of active engagement between business, government institutions, international organizations, and industry experts, the meeting will focus on discussing priority sector issues and presenting the Committee’s 2026 position paper, which outlines practical recommendations aimed at strengthening healthcare systems, supporting pharmaceutical industry growth, and enhancing the sector’s investment climate.
Register here28 - 30 April, 2026 Beauty Uzbekistan — the Year’s Major Beauty Industry
Just two weeks to go until Beauty Uzbekistan and Beauty Derma Central Asia 2026 — the international specialised exhibitions bringing together every segment of the industry: cosmetology and aesthetic medicine, anti-ageing medicine, perfumery and cosmetics, equipment and technologies for the beauty business. This is a professional B2B platform where brands, distributors, practitioners and industry experts connect — exchanging insights, holding direct negotiations with market leaders, discovering new product launches and unlocking fresh business opportunities through high-impact networking. The events are held concurrently with the 30th Anniversary Tashkent International Healthcare Exhibition – TIHE 2026.
28 - 30 April, 2026 WoodTech & MebelExpo Uzbekistan 2026
On 28–30 April, Tashkent will host the leading event in the furniture and woodworking industries: WoodTech & MebelExpo Uzbekistan 2026. This is the country’s most recognised and respected international exhibition platform for the furniture and woodworking sector, where 70% of exhibitors return year after year and visitors arrive from across the Central Asian region. Each year, over 150 renowned global companies and brands take part, attracting more than 6,500 industry professionals. For 22 years, manufacturers, suppliers, and designers have gathered here to collaborate and shape the future of the nation’s furniture industry.
Jun 17, 2026 EUROUZ Business Evening at Tashkent International Investment Forum (TIIF)
The European Business Evening is EUROUZ’s flagship reception and a key event of the Tashkent International Investment Forum (TIIF). For the fourth year in a row, EUROUZ partners with TIIF to host a high-level evening connecting European and international business leaders. The reception brings together over 350 senior participants; including government officials, diplomats, CEOs, and industry leaders making it one of the Forum’s leading networking platforms.
Sponsorship Opportunities
Register here
EUROUZ & MEMBER NEWS
Private Wealth & Compliance Forum 2026, organized by EUROUZ and its member QUORUS GmbH
The Private Wealth & Compliance Forum 2026, organized by EUROUZ and its member QUORUS GmbH was successfully held in Tashkent. The event brought together leading international experts, financial institutions, and business leaders for a focused dialogue on cross-border capital management and compliance. The discussions explored key topics including wealth structuring, asset protection, regulatory frameworks, and reputational risk, reflecting the increasing complexity of operating in a multi-jurisdictional environment. The Forum once again highlighted the value of the EUROUZ platform in connecting global expertise with the evolving opportunities in Uzbekistan.
EUROUZ CEO’s Club organizes Executive Breakfast
EUROUZ organized a closed-door Executive Breakfast within the framework of the EUROUZ CEO’s Club, bringing together European ambassadors and CEO’s of member companies operating in Uzbekistan. Held under the Chatham House Rule, the meeting provided a confidential setting for a candid exchange. The discussion offered valuable insights into the current state of European business in Uzbekistan and the evolving business relationship between Uzbekistan and Europe, reinforcing the importance of continued high-level dialogue and alignment.
Event PhotosEUROUZ Member Ipoteka Bank Launches “Imkoniyat” Mortgage Program with Murad Buildings
Ipoteka Bank OTP Group and Murad Buildings signed a cooperation agreement to expand mortgage lending in Uzbekistan’s primary housing market. The partners launched the “Imkoniyat” program offering loans up to UZS 1.7 billion with terms up to 20 years and starting rates of 20%, decreasing to 18% after registration. The initiative applies to selected residential projects in Tashkent with a minimum 20% down payment. The program aims to improve access to housing finance. Both parties will implement the scheme to support homebuyers.
EUROUZ Member EBRD Provides $10 Million Loan to Expand Texnomart Retail Network
The European Bank for Reconstruction and Development approved financing for Texnomart to support retail expansion in Uzbekistan. The project includes a $10 million senior secured long-term loan to grow operations in Tashkent and regional markets. The funding will support the development of new stores and strengthen the company’s market presence. The project is currently in the implementation phase following approval and signing. The investment aims to support private sector growth in the retail and services sector.
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1. INTERNATIONAL COOPERATION
1.1 EUROPE
Uzbekistan Holds Spain Business Forum to Expand Economic Cooperation
Uzbekistan - Spain business forum held in Madrid to strengthen bilateral commercial engagement. The event focused on identifying and advancing joint projects across key sectors, including energy, infrastructure, agriculture, and tourism. Participants explored cooperation opportunities with companies such as Banco Santander and Almar Water Solutions. The forum underscored areas for expanding economic ties between the two countries. Further collaboration initiatives are expected to develop from the discussed projects.
1.2 CENTRAL ASIA, CAUCASUS & CIS
Uzbekistan, Kazakhstan Presidents Hold Talks in Bukhara to Deepen Strategic Partnership
On April 11th 2026, the presidents of Uzbekistan and Kazakhstan met in Bukhara to discuss bilateral cooperation and regional development. The leaders agreed to expand their strategic partnership across trade, investment, transport, and cultural cooperation. Talks also addressed joint projects and coordination on regional stability and economic integration. The meeting reinforces efforts to deepen cooperation between the two neighboring states. Both sides will continue implementing agreements and advancing joint initiatives discussed during the visit.
Kazakhstan Expands Rare Earth Metals Cooperation with Uzbekistan
Kazakhstan and Uzbekistan held their first joint working group meeting on geology and mining in Astana to strengthen industrial cooperation. The sides agreed to expand collaboration in geological exploration, extraction, and processing of critical minerals. Discussions included technology exchange, joint ventures, and attracting international investment to develop deeper processing capacity. The initiative supports efforts to move both economies up the global value chain. A permanent working group with specialized subgroups will oversee implementation.
Kazakhstan Agrees with Uzbekistan on Joint Tourism Development Plan
Uzbekistan and Kazakhstan approved a bilateral tourism development plan for 2026–2027 during an interparliamentary cooperation meeting. The agreement introduces measures to create unified travel routes for international visitors across both countries. Officials aim to simplify logistics and increase regional tourist flows through coordinated promotion. The initiative builds on both countries accounting for over half of Central Asia’s tourism. Authorities will implement the roadmap to expand cross-border tourism offerings.
Uzbekistan Targets $500 Million Pharmaceutical Trade with Afghanistan
Uzbekistan and Afghanistan held official talks in Kabul to expand bilateral cooperation in the pharmaceutical sector. The parties agreed to increase trade volume to $500 million by boosting supplies and industry coordination. Plans include forming joint working groups, improving distribution standards, and simplifying drug registration procedures. The initiative aims to strengthen export capacity and enhance access to pharmaceutical products. Both sides will advance agreements and launch joint projects to reach the target.
Kazakhstan Expands Agricultural Cooperation with Uzbekistan on Sustainability
Kazakhstan and Uzbekistan held talks in Tashkent during an agribusiness forum to strengthen agricultural cooperation. The sides agreed to introduce modern technologies and develop sustainable farming practices to address climate challenges. Discussions also covered expanding processing of agricultural products and increasing mutual supplies of food products. The initiative aims to improve food security and boost export potential for both countries. Authorities will implement joint projects to advance agro-industrial development.
