Dilnoza Rahimova — tafs uz coverage of economy. News, key facts and context in English, Uzbek and Russian.
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Uzbekistan's Agency for State Asset Management has put 99.9% of Namangan Agro Logistics shares up for auction on E-auksion. The starting price of the lot is 111.69 billion soums, with the auction scheduled for October 19. The enterprise is loss-making: over the first nine months of 2025 it recorded a loss of about 7.38 billion soums.
Dilnoza RahimovaAt an October 8 press conference, AUGA head Sohibjon Murodov explained why operating kindergartens in Tashkent and Kashkadarya region were included in privatization lists. According to him, the building of kindergarten No. 58 in Yakkasaray district is old and has no foundation; children will be moved to a new 720-seat kindergarten, and the facility will be sold with the condition of building a private kindergarten. The Kashkadarya kindergarten is already operating under lease by an entrepreneur. Gazeta's data show a decline in preschool enrollment coverage in 11 of 12 districts.
Dilnoza RahimovaAccording to IMF data as of early October 2026, cited in a Visual Capitalist infographic, Argentina remains the Fund's largest debtor. It is followed by Ukraine, Pakistan ($10.8 billion), Egypt ($10.6 billion) and Ecuador ($9.4 billion).
Dilnoza RahimovaThe management of Uzbekhydroenergo JSC, led by board chairman Islom Abdurakhmonov, met with the leadership of the Chinese corporation China Energy International Group. The parties discussed the implementation of investment projects under the decree of the President of Uzbekistan PQ–163 of May 1, 2026, modernization of capacities, introduction of technologies, and personnel training.
Dilnoza RahimovaOn 13 October 2026, the Cabinet of Ministers of Uzbekistan introduced amendments to advertising regulation, simplifying the placement of advertising materials on vehicles owned by legal entities. Stickers with trademarks and information about a company's activities can be applied under a notification procedure via the Unified Portal of Interactive Public Services (EPIGU), and the advertising place passport will be issued automatically and free of charge — previously the fee was 396,000 soums.
Dilnoza RahimovaThe Ministry of Higher Education, Science and Innovation has extended the deadline for paying tuition contracts and officially enrolling students for the 2026/2027 academic year to November 1. The deadline had previously been extended to October 15. Starting from the new academic year, a compensation of 30% of the contract amount will also be introduced for children of pedagogical workers.
Dilnoza RahimovaOn October 15, Uzbekistan and Kazakhstan agreed to conclude bilateral negotiations on market access as part of Uzbekistan's accession to the World Trade Organization (WTO). The talks, initiated by Kazakhstan in February, lasted eight months. Azizbek Urinov, the Uzbekistan President's representative on WTO matters, stated that after domestic procedures, the signing of a preliminarily agreed protocol is expected in the coming weeks.
Dilnoza RahimovaThe US Treasury Department extended the license allowing Lukoil gas stations outside Russia, including in the US, to operate until April 24, 2027. The decision came a week after Trump announced a diesel deal with Russia, which is criticized by EU foreign ministers.
Dilnoza RahimovaEU leaders at the summit failed to reach agreement on the draft budget for 2028–2034 worth nearly 2 trillion euros. Austerity advocates led by Germany are demanding spending cuts, Ireland proposed trimming the draft by 140 billion euros, while France insists on new Europe-wide levies. Many countries want the budget approved by the end of 2026.
Dilnoza RahimovaKun.uz xabariga ko‘ra, Tula viloyatidan kelgan Belyov olma pastilasi O‘zbekistonda — Organic Food va Fix Price do‘konlarida, shuningdek, Uzum yetkazib berish xizmati orqali sotuvga chiqdi. Ishlab chiqarish XIX asr texnologiyasini saqlab qolgan va kuniga 20–25 tonna olma qayta ishlaydi.
Dilnoza RahimovaThe European Central Bank approved Italian UniCredit exceeding the 30% threshold of Commerzbank's share capital with no upper limit. By the end of the year, the bank expects to obtain about 50% of voting rights and establish control. The deal faces resistance in Germany: the government, which retains a 13.3% stake, is seeking guarantees on jobs and the headquarters in Frankfurt, but Finance Minister Lars Klingbeil called the negotiations constructive.
Dilnoza RahimovaRhodium Group senior adviser Noah Barkin said the EU has achieved its greatest unity in years on a tougher trade policy toward China after Germany changed its position. The EU has set an October deadline for addressing the growing trade deficit with China, otherwise tougher measures will follow.
Dilnoza RahimovaBenchmark partners at TechCrunch Disrupt said that because of AI, conflicts of interest between portfolio companies are becoming inevitable. The trigger was the scandal around Factory and Cognition, where advisor Chris Degnan moved to a direct competitor.
Dilnoza RahimovaThe Asian Development Bank has provided Uzbekistan with a $200 million loan to modernize the electricity distribution system. The agreement was signed on October 15. The program provides for the reconstruction of 60 substations, the introduction of digital control systems, and the creation of conditions for connecting at least 3.3 GW of renewable energy.
Dilnoza RahimovaTelecom Soft held an electronic tender for the procurement of video surveillance equipment for automated road traffic control systems with a starting price of 10 billion 316 million soums. The Chinese company HAC Smart Technologies was declared the winner with a bid of 657 thousand dollars, with HMN Smart at 698 thousand dollars as the reserve. The Kun.uz outlet, citing the Revizor channel, noted that both companies share one office address in Tianjin and have nearly identical websites. The next day, the procurement commission canceled the tender.
Dilnoza RahimovaThe Ministry of Education and Science of Uzbekistan has extended until November 1 the deadline for paying contracts and completing enrollment at universities for the 2026/2027 academic year. By this date, at least 25% of the annual amount must be paid under the basic contract and at least 50% under the differentiated contract. The deadline had previously been extended to October 15. Also, starting from the new academic year, a 30% tuition compensation has been introduced for children of pedagogical workers.
Dilnoza RahimovaFrom late October, Uzbekistan Airways will increase the number of regular flights on the Tashkent — Kuala Lumpur route to four per week. The airline has published the departure schedule from Tashkent and back, as well as prices: from 3,235,000 soums one way and from 6,357,000 soums for a round trip. Thanks to interline agreements, the route can be booked as a single ticket to other points in Malaysia, including Langkawi and the Malaysian part of the island of Borneo.
Dilnoza RahimovaThe Tax Committee of Uzbekistan has put up for public discussion a draft resolution of the Cabinet of Ministers on digital labeling of vegetable oil. If the document is adopted, mandatory labeling may come into force on July 1, 2027. It will cover oils of HS codes 1507–1515: soybean, peanut, olive, palm, sunflower, safflower, cottonseed, coconut, rapeseed and others. The discussion will last until October 24.
Dilnoza Rahimova
