Sunday, 14, June, 2026

Business

Uzbekistan and the United States have signed an agreement to support business delegations and promote new investment projects between the two nations.

The state has once again become the sole owner of the Fergana Oil Refinery. This change was reflected in the state business registry.

The latest phase of the "Uzbekistan Business Leaders" (UBL) program, designed for young Uzbek entrepreneurs, has officially launched in Washington, D.C. The initiative provides participants with a unique opportunity to study advanced American business practices, expand their international networks, and scale new projects.

The international privatization process for the Uzbek government's full 100% stake in Universal Mobile Systems LLC — the operator behind the Mobiuz brand — has been completed, the Agency for State Assets Management announced.

During the government meeting on the expansion of the chemical industry chaired by President Shavkat Mirziyoyev, officials revealed that the sector has attracted $8.3 billion in investment and launched 87 large-scale manufacturing facilities in recent years. This capital influx enabled the domestic production of over 60 new types of commodities, including PVC, "green" hydrogen, expanded polypropylene, and BOPP film.

Uzbekistan cafes, pubs and restaurants will soon be able to officially hire staff through a streamlined process, allowing for short-term employment contracts ranging from a single day to a week.

Rincon Agrotech (Bulgaria) and IMGR introduce the RASAR project, a platform designed to boost the efficiency and investment appeal of companies in the agriculture, food processing, and FMCG sectors.

Uzbekistan is set to delay the implementation of the "aggregation" requirement within its digital tracking system for bottled water and soft drinks. The move follows pushback from industry players who cited numerous technical hurdles and operational risks. This proposal was supported by the president Shavkat Mirziyoyev during the government meeting on May 5, the Business Ombudsman Abdumannon Buriev told the Uzbekistan 24 news channel.

The Committee for Competition Development and Consumer Protection has uncovered anti-competitive practices within the compressed natural gas (CNG) market in Payariq district of Samarkand province.

Green manure crops play an important role in the life of any soil: through its exudate from live roots the soil microbiome gets fed and survives the winter. Some species like the Brassica’s have tap roots that dig deep down and bring up minerals to the surface. Others add root biomass.

Global Tech Weekend (GTW) officially announces its arrival in Tashkent, taking place on 15, 16 and 17 May 2026. For three days, Tashkent will transform into a fully decentralized, city-wide celebration of innovation, networking, and culture, uniting global tech leaders, businesses, investors, and ecosystem builders at the crossroads of the modern Silk Road.

Tashkent hosted the Italy-Central Asia (C5)+Azerbaijan business forum, which featured presentations by high-ranking guests from Italy, Azerbaijan, Kazakhstan, Tajikistan, Kyrgyzstan, and Turkmenistan delivered remarks and shared their perspectives.

During his trip to Samarkand province, President Shavkat Mirziyoyev attended a commissioning and launch ceremony of projects, the presidential press service said.

As part of the business trip to Lahore, Pakistan, the Tashkent province delegation discussed investment cooperation with major Pakistani industrial companies.

The Uzbekistan Economic Update 2026, organized by EUROUZ, brought together government representatives, international financial institutions, European partners, investors, and members of the business community to discuss Uzbekistan’s economic performance and outlook for the coming year.

From March 3 to 5, 2026, the fifth International Specialized Exhibition AGROPRO EXPO 2026 is being held at the international exhibition complex SOF EXPO Samarkand. Over the years, the project has evolved into one of the most significant industry platforms in the region, bringing together manufacturers, technology suppliers, processors, investors, and representatives of agricultural science.

During his visit to the Surkhandarya province, the President Shavkat Mirziyoyev reviewed a presentation of major projects being implemented with foreign investment, the presidential press service said.

Uzbekistan has enhanced oversight over export of pulp and cotton products due to the risk of sanctions, announced the Deputy PM Jamshid Khodjaev on Saturday at an open dialogue with businesses in Tashkent province.

The chief of the Presidential Administration Saida Mirziyoyeva announced the holding of the inaugural meeting of the Uzbekistan-US Business and Investment Council with the participation of the US President's Special Envoy, Ambassador Sergio Gore.