Uzbekistan Update: October 15 - 31, 2024
Biweekly update on key developments in Uzbekistan
Notable Quotes
“Uzbekistan’s membership in BRICS is not on the agenda" – Sadyk Safaev first deputy chairperson of the Senate of Uzbekistan's Parliament
“Uzbekistan to switch to wholesale gas market in 2028” – Minister of Economy and Finance, Jamshid Kuchkarov
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 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
November 6 - 7, 2024: The European Economic Days in Uzbekistan
EUROUZ invites you to the annual EU-Uzbekistan Business Meeting on November 6-7! With just 20 days left, this is your chance to join top industry leaders, policymakers, and innovators. Co-organized with the Government of Uzbekistan and key EU institutions, the event is a prime opportunity to strengthen EU-Uzbekistan economic ties. Don’t miss out—register now and secure your spot!
Event registration & detailed agenda: http://economicdays.euOTHER IMPORTANT UPCOMING EVENTS ON OUR AGENDA
November 21 - 23, 2024 TITF 2024: International Tourism Fair
November 26, 2024 Uzbek Law Day 2024: Berlin
Uzbek Law Day is an event focused on Uzbekistan's legal and business landscape, particularly in terms of investment opportunities and regulatory frameworks. It discusses legal reforms, market access, and international arbitration, bringing together legal experts, government officials, and business leaders. The event is designed to foster dialogue between Uzbekistan and global investors, with sessions covering various sectors like finance, trade, and cross-border business activities.
November - 28, 2024 Human Capital Days in Uzbekistan
Human Capital Days (HCD) is the most anticipated event of the year in the field of human resource development. Offering a comprehensive overview of human capital development, HCD brings together government agencies, non-governmental organizations, businesses, and experts from Central Asia. The event will feature 50+ prominent speakers from diverse sectors, including energy, extractive industries, FMCG and retail, financial and banking, medicine and pharmaceuticals, transport and logistics, IT and communications, public administration and education, consulting, and recruitment. Join us to gain insights and network with leading professionals in the industry.
EUROUZ members are eligible for 10 % discountITECA Exhibitions events for October 2024
15-17 October | UzTextileExpo Autumn: The entire production chain of textile and garment products - from yarn to finished garments.
22-24 October | MiningMetals Uzbekistan: Innovations in mining, metallurgy and metalworking.
Uzbekistan International Mining and Metallurgical Forum (UIMF)
EUROUZ members are eligible for discounts on event participation as exhibitors. Please contact us for more info@eurouz.com
EUROUZ & MEMBER NEWS
EUROUZ and LavoroSolutions Host Event on Winning HR Strategies in Competitive Markets
Over 45 participants, including HR leaders, recruiters, and senior management, engaged in a day of expert-led sessions and valuable networking opportunities. Participants explored topics such as talent mapping, tools for employee retention, systematic approaches to HR action plans, legal foundations of labor activities in Uzbekistan, and managing relationships in multicultural organizations. We commend those members who maximize the EUROUZ network and platform to deliver value to the business community in Uzbekistan.
More photos via the link.
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 and EU Commit to Expanding Economic Cooperation
Uzbekistan's Minister of Investments, Industry, and Trade, Laziz Kudratov, and EU Ambassador Toivo Klaar discussed strengthening economic cooperation between the two entities. They focused on implementing existing agreements and expanding joint initiatives in key sectors such as energy, geology, and the chemical industry. Both sides emphasized the importance of ongoing investment and trade relationships and planned a schedule of collaborative events for 2024-2025 to support these goals.
Uzbekistan and Czech Republic to Strengthen Ties
Uzbekistan's Foreign Minister Bakhtiyor Saidov and Czech Foreign Minister Jan Lipavský met in Tashkent and signed a Memorandum of Cooperation aimed at deepening bilateral ties. The meeting included discussions to enhance collaboration, promote economic diplomacy, and address both regional and global challenges. The signed memorandum marks a significant move toward stronger diplomatic and economic relations, following prior talks at the UN. Additionally, Uzbekistan welcomed the establishment of a Czech Trade Promotion Agency office in Tashkent to boost trade between the two nations.
Key Economic Agreements signed between Uzbekistan and Germany
Uzbekistan and Germany have bolstered their partnership through a series of high-level meetings in Berlin, which included discussions led by Uzbekistan's Minister Laziz Kudratov. Key agreements were secured on financing projects for professional education, healthcare improvements, environmental protection, and water supply modernization. Collaborative plans include the modernization of various industries, training for Uzbek professionals, and support mechanisms involving major German companies and financial institutions.
Special Representative of Uzbekistan visits Croatia
A delegation from Uzbekistan, led by Special Representative Abdulaziz Kamilov, visited Croatia to enhance diplomatic relations and expand political dialogue. Meetings with Croatian Prime Minister Andrej Plenković covered potential collaborations in trade, economics, energy, transportation, and labor migration, with high regard expressed for President Mirziyoyev’s initiatives. Kamilov also extended an official invitation for the Croatian Prime Minister to visit Uzbekistan in 2025. Additional talks were held with Croatia's Deputy Prime Minister and other officials to reinforce bilateral ties across diverse sectors.
1.2 CENTRAL ASIA, CAUCASUS & CIS
The President of Uzbekistan met with Head of Azerbaijan’s Foreign Intelligence Service
Uzbekistan's President Shavkat Mirziyoyev met Orkhan Sultanov, the head of Azerbaijan’s Foreign Intelligence Service, to discuss strengthening cooperation between the two countries' special services. They focused on combating security threats such as terrorism, extremism, radicalism, and cybercrime. Both leaders emphasized ongoing interagency collaboration, mutual economic support, and advancing cultural initiatives. Additionally, expanding practical partnerships to aid Afghanistan's economic stability was highlighted during their dialogue.
$352 Million in New Agreements to Strengthen Regional Cooperation
Keep reading with a 7-day free trial
Subscribe to Uzbek.Review is a publication by EUROUZ.eu to keep reading this post and get 7 days of free access to the full post archives.