Uzbek.Review is a publication by EUROUZ.eu

Uzbek.Review is a publication by EUROUZ.eu

Biweekly Bulletin

Uzbekistan Update: April 15 - 30, 2026

Biweekly update on key developments in Uzbekistan

May 05, 2026
∙ Paid
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‘ EUROUZ.EU market report is the most comprehensive regular English-language update on the latest developments in Uzbekistan. Est. 2019, & offering bi-weekly reports online and monthly PDF for subscribers only. Please support us by sharing & subscribing.

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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

  1. EUROUZ is pleased to present its Events Calendar for April–June 2026

    1. 13 May — Personal Branding for Business Leaders —

      PR & Strategic Communications Committee Seminar in partnership with TEAM University

    2. 22 May — Artificial Intelligence in HR: How Technology is Transforming Workforce Management — Seminar by HR & Capacity Building Committee

    3. 17 June — EUROUZ Panel: EU–Central Asia Strategic Partnership for Investment, Trade & Infrastructure at Tashkent International Investment Forum

    4. 17 June — European Evening Reception within TIIF2026

    5. 19 June — Annual General Meeting & Member Dialogue Roundtable

    EUROUZ looks forward to welcoming its members and partners across these events and continuing to provide a platform for impactful dialogue and collaboration.

    Discover the full list of events - eurouz.com


  2. EUROUZ Member Iteca Exhibition: Explore the Region’s Energy Trends and Forecasts at Uzbekistan Energy Week 2026

    • The 19th International Exhibition Power Uzbekistan 2026 — Energy, Energy Efficiency, Nuclear & Alternative Energy https://power-uzbekistan.uz/en/visit-the-exhibition

    • The 28th International Exhibition and Conference Oil & Gas Uzbekistan — OGU 2026 https://oilgas.uz/en/visit-the-exhibition

    • GETCA 2026 — Specialised Section on Green Energy-Saving Technologies https://getca.uz/en/visit-the-exhibition

    • The 6th Uzbekistan International Energy Conference https://energyforum.uz/en/request-form

      From 13 to 15 May, Uzexpocentre will host the 26th International Exhibition for Textile and Garment Industry. Each year, the exhibition brings together industry professionals, creating opportunities to grow business, find reliable suppliers, and enter new markets. Over 150 companies from 8 countries will showcase a broad range of textile products.


  3. 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

  1. EUROUZ Member Škoda Group Signs $143 Million Czech Train Procurement Deal

    Škoda Group to Supply Ten Electric Trains to Uzbekistan

    Uzbekistan Railways and Czech company Škoda Group signed an agreement to supply modern electric trains. The deal includes delivery of 10 regional trains valued at over $143 million. The project also предусматривает establishment of local service facilities and technical knowledge transfer to Uzbek partners. The agreement supports modernization of the national rail infrastructure and workforce training. A joint venture and training academy will be created to sustain long-term operations.


  2. Tashkent International Clinic Hosts Business Community Reception in Tashkent

    On April 23, 2026, Tashkent International Clinic, in partnership with EUROUZ and AmCham Uzbekistan, organized a reception for the international business community in Tashkent. The event brought together representatives of foreign companies and organizations operating in Uzbekistan. Participants engaged in networking and discussions aimed at strengthening professional connections. The initiative supports interaction between healthcare providers and the business sector. Organizers plan to continue similar events to facilitate dialogue among stakeholders.


  3. EUROUZ held a Healthcare & Life Sciences Committee Roundtable Meeting

    The central focus of the discussion was the presentation of the Committee’s White Paper, developed over the past year, with an emphasis on its practical implementation and further refinement in close cooperation with stakeholders. In addition, industry representatives introduced their updated positions and engaged in a constructive dialogue with participants, contributing to a forward-looking and solution-oriented exchange. The roundtable further served as a platform to align perspectives, identify key sector priorities, and outline next steps for continued collaboration.


  4. EUROUZ welcomes a new member – Mediterranean Shipping Company (MSC)

    Headquartered in Geneva, Switzerland, MSC is a global leader in container shipping and logistics, operating in more than 155 countries. Since its establishment in 1970, the company has built a strong reputation for delivering reliable, flexible, and customer-oriented transport solutions through its extensive sea, land, and multimodal networks. In Central Asia, MSC maintains an active regional presence through its offices in Almaty and Tashkent, working in close coordination to provide integrated logistics solutions tailored to the needs of businesses across the region. The company offers multimodal transport services via key corridors, including the Baltic region, Russia, China, Georgia, and Turkey, with advanced expertise in handling dry and tank containers, flexitanks, and a wide range of cargo types, including general, dangerous, liquid, and household goods.


  5. EUROUZ welcomes a new member – Alef Quad

    Alef Quad is a premier law firm with offices in Tashkent and Bishkek, advising international financial institutions, multinational corporations, and government entities on complex cross-border transactions. The firm covers a broad range of practice areas, including banking and finance, capital markets, corporate and regulatory matters, natural resources, project finance, M&A, joint ventures, insurance, as well as IP and technology. Combining international legal expertise with a strong understanding of the regulatory landscape in Uzbekistan and Kyrgyzstan, Alef Quad delivers pragmatic, transaction-oriented advice tailored to dynamic and fast-developing markets.


  6. EUROUZ welcomes a new member – UZUM

    Uzum is a leading digital ecosystem in Uzbekistan, integrating fintech, e-commerce, and banking services for both individuals and small and medium-sized enterprises. Its comprehensive offering includes a marketplace, express delivery, traditional and digital banking, a BNPL service, and a car marketplace. With more than 20 million monthly users across the country, Uzum plays a significant role in advancing digital infrastructure and expanding access to financial and commercial services in Uzbekistan.


Did you know that EUROUZ members and ALL their employees can access the Uzbek.Review portal free of charge as long as their organization remains a member?

Not a member yet?

Join EUROUZ to access exclusive market support for your business activities in the country.


1. INTERNATIONAL COOPERATION

1.1 EUROPE

Uzbekistan Targets $1 Billion Trade With Czech Republic

President Shavkat Mirziyoyev and Czech Prime Minister Andrej Babiš held talks in Tashkent to expand bilateral cooperation. The countries agreed to increase trade turnover to $1 billion by broadening goods exchange and industrial collaboration. Trade has nearly doubled in recent years, with 37 joint ventures operating in Uzbekistan. The initiative supports deeper economic integration across sectors including engineering and energy. Officials will prepare a roadmap and convene the next intergovernmental meeting in August.

Uzbekistan Expands Seasonal Labor Cooperation With Western Countries
President Shavkat Mirziyoyev reviewed proposals in Uzbekistan to reform external labor migration and expand overseas employment opportunities. The government plans to strengthen seasonal labor cooperation with countries including the United States, United Kingdom, and South Korea. The initiative builds on 12 agreements in agriculture and tourism sectors and includes modernization of the “Work Abroad” platform using artificial intelligence. The policy aims to create legal employment pathways and improve migrant protection. Authorities will enhance monitoring and support systems across 37 countries.

Uzbekistan Launches Pilot Programme Sending Workers to France
Uzbekistan and France agreed to expand legal labor migration channels following high-level talks in Paris. The initiative includes a pilot programme to send 50 Uzbek workers for seasonal agricultural employment, particularly in vineyards. Agreements were also signed with French organizations to manage recruitment and placement processes. The programme supports structured migration and skills development for Uzbek citizens. Authorities plan to expand cooperation in education and employment schemes based on pilot results.

1.2 CENTRAL ASIA, CAUCASUS & CIS

Central Asia Launches Joint 2000 MW Hydropower Project
Kazakhstan, Kyrgyzstan, and Uzbekistan confirmed plans to build a joint hydropower plant on the Naryn River. The project will deliver nearly 2,000 megawatts of generating capacity. The facility is expected to supply electricity to up to 1.5 million households. The initiative strengthens regional energy cooperation and renewable capacity. Negotiations on the intergovernmental agreement will continue in upcoming meetings in Tashkent.

Uzbekistan Forms $10 Billion Joint Investment Package With Azerbaijan
Uzbekistan and Azerbaijan began structuring a $10 billion joint investment package for bilateral projects. The initiative focuses on cooperation between enterprises across multiple sectors. Both countries aim to increase trade turnover to $1 billion alongside the investment plan. The framework includes coordinated roadmaps, business forums, and intergovernmental consultations. Authorities will continue developing project pipelines and institutional mechanisms to implement the package.

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