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Uzbekistan

News about Uzbekistan: events, facts and developments on tafs uz.

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Economy

Experts criticized the mass valuation of housing in Tashkent: a single price for taxes and compensations may harm owners

Representatives of the Appraisers Society of Uzbekistan Zebuniso Isanova and Shukhrat Abduvakhobov raised objections to the draft law on mass real estate valuation. In their view, the result of a mass valuation cannot be automatically applied to transactions, collateral and compensation upon expropriation: an undervalued figure is beneficial for tax purposes but may deprive the owner of part of the compensation, while an overvalued one may harm the payer. The experts proposed limiting mass valuation to tax purposes and enshrining the owner's right to an independent report.

Dilnoza Rahimova
4 min read
Economy

Uzbekistan and the US signed 54 agreements worth $12 billion

During the visit of an American delegation to Uzbekistan, a package of 54 agreements in trade, investment and technological cooperation was signed, with an expected deployment of $12 billion. The agreements cover industry, infrastructure, critical minerals, finance, digital technologies, agriculture, healthcare and education. Representatives of more than 400 companies took part in the business program.

Nilufar Karimova
2 min read
World

Shavkat Mirziyoyev in Samarkand held meetings with the foreign ministers of four Central Asian countries

On October 19 in Samarkand, within the framework of the meeting of foreign ministers in the 'Central Asia — United States' (C5+1) format, President of Uzbekistan Shavkat Mirziyoyev held separate meetings with the foreign ministers of Turkmenistan, Kazakhstan, Kyrgyzstan and Tajikistan. The discussions covered bilateral relations, growth in trade turnover, joint projects in energy, transport, industry and agriculture, as well as plans for cultural and humanitarian exchanges next year.

Otabek Yusupov
3 min read
Economy

Shavkat Mirziyoyev discussed with Franklin Templeton CEO the Fund's IPO and expanding citizen participation

On October 19 in Samarkand, President of Uzbekistan Shavkat Mirziyoyev received the President and CEO of Franklin Templeton, Jenny Johnson. The parties discussed the results of the first international IPO of the National Investment Fund, which raised about $700 million with demand exceeding supply by more than four times, as well as plans to expand citizen participation in future offerings.

Nilufar Karimova
2 min read
World

Marco Rubio in Samarkand: Trump administration advocates repealing the Jackson-Vanik amendment

US Secretary of State Marco Rubio said on October 19 in Samarkand that the Donald Trump administration supports repealing the Jackson-Vanik amendment, which still applies to four of the five Central Asian countries, including Uzbekistan. According to him, there are influential supporters of repeal in Congress, but the issue has not yet come up for consideration. Experts note that the amendment does not block trade, but makes the trade regime conditional and subject to annual review.

Aziz Karimov
2 min read
Economy

Uzbekistan plans to switch to hybrid heating systems from 2027

Chairman of the board of 'Issiklikta'minoti' Ilkhom Turaev announced that from 2027 the company will begin switching to hybrid heating systems using multiple energy sources under its programs. A long-term strategy for the sector's development until 2032 is being developed with World Bank support, considering electrification, geothermal energy and solar panel scenarios.

Dilnoza Rahimova
4 min read
World

Marco Rubio in Samarkand: The US wants to expand cooperation with Uzbekistan and Central Asia

US Secretary of State Marco Rubio spoke on the Registan Square in Samarkand, noting the city's historic role in world trade. According to him, the US is interested in expanding cooperation not only with Uzbekistan but with all Central Asian countries. The negotiations involve representatives of nearly 300 American companies, and agreements worth billions of dollars are being discussed. Meetings in the 'C5+1' format are planned.

Aziz Karimov
2 min read
Sport

Uzbekistan won 23 medals on the first day of the 2026 Para Asian Games in Japan

The Uzbekistan national team won 23 medals on the first day of the 5th Aichi-Nagoya 2026 Para Asian Games: 6 gold, 10 silver and 7 bronze. By medal count the delegation stands third after China and Japan. Six gold medals were brought by Bobur Toshtemirov, Lolakhon Kodirova, Khusniddin Norbekov, Yegor Bolotov, Mahliyo Akramova and Kudratillokhon Marufkhujayev, with Asian and Games records set.

Bekzod Nazarov
2 min read
World

Marco Rubio in Samarkand: The US will not demand that Central Asia choose partners

US Secretary of State Marco Rubio said on October 19 at Registan Square in Samarkand that the US does not intend to demand that Central Asian countries limit cooperation with anyone. He arrived the day before for the C5+1 meeting and the session of the US-Uzbekistan Business Council, accompanied by representatives of more than 200 American companies. Rubio called Uzbekistan's economic growth

Otabek Yusupov
1 min read
World

President of Uzbekistan Signs New Version of Constitutional Court Law

Shavkat Mirziyoyev signed the constitutional law 'On the Constitutional Court of the Republic of Uzbekistan' in its new version on October 14, replacing the 2021 edition. The law introduces a court information system with online appeals, video conferencing, and hearing broadcasts (starting January 1, 2028), clarifies case review deadlines, and defines procedures for implementing decisions on unconstitutionality of acts.

Otabek Yusupov
3 min read
World

Marco Rubio called Samarkand a global trade crossroads

US Secretary of State Marco Rubio said in a published video that Samarkand's historical role as a center of world trade is being restored today. According to him, hundreds of American companies have arrived in Uzbekistan to conclude agreements and long-term cooperation, and Washington sees great opportunities in trade, science and technology.

Aziz Karimov
1 min read
World

Marco Rubio in Samarkand: agreements worth billions of dollars expected

US Secretary of State Marco Rubio and Head of the Administration of the President of Uzbekistan Saida Mirziyoyeva addressed journalists on the Registan Square in Samarkand. Rubio said that representatives of nearly 300 American companies had arrived in the city, and agreements worth billions of dollars are expected as a result of the visit. He called Uzbekistan the 'cornerstone' of Central Asia, noted GDP growth of almost 8% per year, and spoke about negotiations on direct flights from Miami.

Aziz Karimov
2 min read
Economy

VEON agrees to acquire 100% of Uzbek operator Perfectum for $207 million

International holding VEON, which owns Beeline Uzbekistan, has signed an agreement to acquire 100% of Rubicon Wireless (Perfectum brand) for approximately $207 million, including about $93 million of debt. The deal includes 115 MHz of spectrum and a 5G Standalone network built on Nokia equipment. Closing is expected by the end of October 2026.

Dilnoza Rahimova
3 min read