Uzbekistan Update: August 1 - 15, 2026
Biweekly update on key developments in Uzbekistan
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 CHANGES
3.1 LEGISLATIVE CHANGES
3.2 NOTABLE APPOINTMENTS
4. ECONOMY
4.1 KEY ECONOMIC INDICATORS, LOANS, & PUBLIC FINANCE
4.2 IFI’s, BANKING & 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
EUROUZ is pleased to present its Events Calendar for September–October 2026
Key Events:
• 11 September — EUROUZ Annual Back to Work Jazz Evening
• 15 September — Visit of Italian Business Delegation in partnership with Italy4Trade
• 24–25 September — Uzbekistan National Day in Brussels: Celebrating 35 Years of Independence of Uzbekistan in the Heart of Europe
• 06 October — EUROUZ HR & Capacity Building Committee Meeting
• 7–8 October — Conference & Business Exhibition in Tashkent in partnership with Sales Association of Georgia
EUROUZ looks forward to welcoming its members and partners across these events and continuing to provide a platform for impactful dialogue, international engagement and business cooperation.
Discover the full list of events - eurouz.comSave the Date 11 September | EUROUZ Annual Back to Work Jazz Evening
EUROUZ is delighted to invite its members to the Annual Back to Work Jazz Evening, an elegant evening bringing together professional networking, live jazz music, and a refined atmosphere. The event will offer members an opportunity to reconnect after the summer season, meet business peers and partners, and enjoy an evening of music, conversation, and informal networking in one of Tashkent’s most atmospheric venues.
Date: Thursday, 11 September
Time: 18:30–21:30 UZT
Venue: Ember & Embar Terrace, InterContinental Tashkent, 17th floor
Register here
Sponsorship opportunities
Spaces are limited. Early registration is highly recommended.Meet Your Next Business Partner at TextileExpo Sourcing Hub
Looking to expand your supplier network or source new textile products? TextileExpo Sourcing Hub, taking place on 9 September as part of Global Textile Days on 8-10 September at Uzexpocentre NEC, offers a unique opportunity to connect directly with carefully selected manufacturers and international buyers in a dedicated B2B matchmaking format.
Designed for producers of textiles, apparel and textile machinery, the event enables participants to hold pre-arranged business meetings, explore new sourcing opportunities, discuss potential partnerships and lay the groundwork for future contracts. Don’t miss this exclusive platform for high-value networking and international business development.
To register/learn more: textileexpo@iteca.uz
November Brings the Year’s Most Anticipated Tourism Event
TITF 2026 is where the businesses shaping Uzbekistan’s tourism economy will meet their next partners. With growing interest already driving demand for exhibition space, the event will bring together destinations, hospitality, tour operators, MICE specialists and travel-tech companies – alongside the wider ecosystem supporting tourism growth.
For EUROUZ members, this means an opportunity to look beyond tourism itself: towards new markets, investment, technology, services and partnerships connected to Uzbekistan’s growing visitor economy. Explore how your company can be part of TITF 2026 at CAEx Uzbekistan, 25–27 November – and make sure your place in the conversation is secured.Participation options: https://titf.uz/en/stand-reservation
Sponsorship opportunities: https://titf.uz/en/sponsorship
Buyer registration: https://titf.uz/en/buyer_registration
EUROUZ & MEMBER NEWS
EUROUZ welcomes a new member – CIS Support Services OZB LLC
Founded in 1992, CIS is a leading international provider of integrated support services for remote camps and industrial facilities, including catering, cleaning, laundry, and maintenance services. The Group operates across 17 countries and 416 sites, employing 16,592 people worldwide, with revenue of €489.2 million in 2025. CIS supports major projects across the oil and gas, mining, infrastructure, and defence sectors. Through international standards, advanced expertise, and innovative digital solutions, the company improves operational efficiency and living conditions at remote sites. CIS also contributes to local economic development by creating jobs, developing talent, supporting local businesses, and maintaining high standards of health, safety, and environmental responsibility.
EUROUZ welcomes a new member – Trilliant Business Park
Trilliant is Uzbekistan's first Grade A+ business park, designed in line with LEED Gold sustainability standards - a premium mixed-use destination combining two office towers, the InterContinental Tashkent Hotel, conference facilities, international restaurants and retail infrastructure. Trilliant continues to attract international corporations while expanding its premium office, retail and hospitality offering and promoting sustainable, technology-driven commercial real estate in Uzbekistan.
EUROUZ welcomes a new member – CaspiGroup
Operating across nine countries, CaspiGroup is an international company specialising in two key areas: the production and supply of corporate gifts and promotional merchandise, and comprehensive equipment solutions for the HoReCa sector. Supported by its full-cycle production facility in Türkiye, the company manages every stage-from concept and design to manufacturing, branding and delivery. CaspiGroup also works with trusted European and Asian suppliers to provide quality promotional products, commercial equipment and operational supplies for hotels, restaurants, educational institutions and government organisations. Built on reliability, transparency and international standards, CaspiGroup brings valuable cross-market experience and a strong commitment to long-term partnerships.
EUROUZ Explores Cooperation with JW Marriott Tashkent
EUROUZ held a meeting with representatives of JW Marriott Tashkent to discuss potential cooperation and future membership opportunities.
The parties exchanged views on engagement within the EUROUZ business community, participation in upcoming initiatives and events, and cooperation between the hospitality sector and the wider European business community in Uzbekistan. EUROUZ also presented its activities, membership framework, and platforms for business networking, visibility, and institutional engagement.
Building the HR agenda together with our members.
EUROUZ met with member company Attech Global to explore collaboration in the HR field, including a potential dedicated HR event. Talent, skills and workforce development are among the most pressing challenges for companies operating in Uzbekistan today, and shaping this agenda works best when it comes directly from our members.
EUROUZ Member Ahlers Logistics Delivered Critical Steel Structures for a Major African Energy Project
Ahlers was appointed by one of Vietnam's largest steel fabricators to manage and complete a series of shipments for a major gas development in Cabo Delgado Province, Mozambique. The structures, which form part of one of the largest energy projects currently underway in Africa, were successfully delivered in line with the project's strict delivery requirements.ADM Forms $40M Leasing Venture with Hyundai Corporation and FINCOM
On August 10, 2026, ADM, Hyundai Corporation Singapore and FINCOM established a joint venture in Uzbekistan to expand vehicle financing. The partners will invest about $40 million initially and target an investment and leasing portfolio of up to $100 million within five years. Initial leasing products will cover Kia vehicles produced in Uzbekistan. The venture will later expand to other ADM brands and financing for transport, special equipment, commercial real estate and corporate customers.EUROUZ Member Acwa Secures $226M for 300MW Uzbekistan Wind Farm
Acwa signed financing agreements with ADB, AIIB and Standard Chartered Bank at the ADB Annual Meeting. The financing covers more than two-thirds of the Bash II project cost in Bukhara region’s Gijduvan district. The wind farm has a 25-year power purchase agreement with Uzbekistan’s national grid operator. It will supply more than 336,000 households and avoid about 475,000 tonnes of annual CO₂ emissions. Commercial operations are scheduled for the second half of 2027.
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
Czech Republic Explores Recruitment of Uzbek Nurses Through Organized Migration
Uzbekistan’s Embassy in Prague met ZYLORA representatives to discuss organized labour migration for healthcare personnel. The talks covered cooperation between Uzbekistan’s Migration Agency and the Czech Health Ministry on employing medical workers and nurses legally. ZYLORA is considering specialized nursing courses in Uzbekistan to prepare candidates for jobs in Czech Republic. The initiative would expand regulated employment channels for qualified Uzbek healthcare workers. The sides plan to continue developing cooperation in this area.
Uzbekistan Expands Frozen Fruit Export Talks with Czech Importer
Uzbekistan’s Embassy in Prague met NEGOCIO, a Czech food importer and wholesale supplier, to discuss agricultural trade. The company expressed interest in Uzbek raspberries, apricots, plums and other fruit processed through IQF freezing technology. Talks also covered quality standards, packaging and production requirements for the European market. The sides agreed to organize B2B negotiations between NEGOCIO and Uzbek exporters and continue developing direct business contacts.
Uzbekistan Sends First Seasonal Workers to France Under Pilot
Uzbekistan’s Migration Agency announced that 10 citizens had been selected for agricultural jobs in the Rhône and Maine-et-Loire departments. Six workers obtained visas for fruit harvesting and sorting in August, while four will travel in autumn for vegetable harvesting. French employers selected the candidates after online interviews held on July 1. The pilot with France’s FNSEA establishes an organized recruitment channel. Its results may support wider cooperation with French employers.
WHO Europe Launches Uzbekistan Hospital Preparedness Initiative
On August 12, 2026, WHO and Uzbekistan’s Health Ministry opened a programme to strengthen hospital resilience against earthquakes and chemical, biological, radiological and nuclear emergencies. The initiative combines the WHO Hospital Safety Index with future hospital emergency response plans. Selected pilot hospitals will undergo an in-person assessment workshop in Tashkent on August 23–25. The assessments will identify structural, operational and emergency-management gaps. Findings will support future response planning and possible nationwide expansion.
1.2 CENTRAL ASIA, CAUCASUS & CIS
Uzbekistan Expands Kyrgyzstan Projects with $1.5B Trade and Investment Deals
Investment Minister Laziz Kudratov outlined bilateral initiatives following President Shavkat Mirziyoyev’s state visit to Kyrgyzstan. Planned projects cover cattle breeding, rice and potato cultivation, construction materials and geological exploration. Energy cooperation includes Kambarata hydropower and small-scale generation, while the China–Kyrgyzstan–Uzbekistan railway is progressing ahead of schedule. Bilateral trade rose 45% this year to $624.6 million. Authorities will also improve cargo transit, processing and customs clearance to support further trade growth.
Uzbekistan and Turkmenistan Consider Restoring Direct Air Services
On August 13, transport and logistics representatives met Turkmen Ambassador Shadurdi Meredov to review cross-border connectivity and freight operations. Discussions covered electronic visas for truck drivers, payment procedures and congestion at the Farap–Alat crossing. Proposals also included a perishable-goods corridor, a second neutral-zone bridge and faster road and rail movement through Turkmenbashi Port. The measures target shorter queues and better conditions for carriers. Turkmenistan agreed to review the proposals with relevant state authorities and continue bilateral transport cooperation.
Uzbekistan and Azerbaijan Plan Logistics Hub Near Baku Port
Deputy Investment Minister Khurram Teshabaev said the facility would integrate with Baku Sea Trade Port infrastructure. The center will connect to Azerbaijan’s rail network and routes linking Central Asia, the South Caucasus and Europe. It will consolidate, store and process cargo, handle multimodal containers and accelerate customs and transit procedures. The project aims to shorten Tashkent–Baku delivery times and improve transport competitiveness. Officials expect the China–Kyrgyzstan–Uzbekistan railway to increase cargo flows and strengthen the hub’s role.
