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Kazakhstan to invest $2.96bn in agro-industrial growth in 2025

The funds will be used to support agricultural activities, including spring field and harvesting work, the acquisition of fixed assets, working capital replenishment, and agricultural machinery leasing.

Details — https://daryo.uz/en/r8y7UJ47

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Afghanistan accuses Pakistan of mass expulsion as UNHCR warns of rising deportations

Pakistan has been implementing a large-scale repatriation drive targeting the approximately 4mn Afghan refugees who fled decades of war and the Taliban's return to power in 2021.

Details — https://daryo.uz/en/rSlXWRie

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Germany invites 160 truck drivers from Uzbekistan with €3,000 salary offer

Uzbekistan's Migration Agency, in partnership with Germany's SEIT-for-tomorrow GmbH & Co. KG, is recruiting 160 truck drivers for employment in Germany, offering professional training, a three-year contract, and a €3,000 monthly salary with additional benefits.

Details — https://daryo.uz/en/rtMTRdDA

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Uzbekistan, Estonia boost trade ties as turnover rises to $150mn in 2024

Uzbekistan’s Minister of Investment, Industry, and Trade, Laziz Kudratov, met with Estonia’s Ambassador to Uzbekistan, Jaap Ora, to discuss strengthening economic cooperation, focusing on investment, export expansion, and industrial collaboration.

Details — https://daryo.uz/en/r9PdO7oI

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Uzbekistan, Wizz Air discuss expanding flight routes to Europe and beyond

Uzbekistan and Wizz Air are exploring expanded flight connections to Europe and beyond, with discussions focusing on new routes, increased transit options, and the potential for a joint airline.

Details — https://daryo.uz/en/rMlo4NjO

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Foreign currency exchange rates against the Uzbek soum as of February 24

🇺🇸 $1 = UZS 12,916.18 (-13.74)
🇪🇺 €1 = UZS 13,523.24 (+26.99)
🇷🇺 ₽1 = UZS 147.60 (+1.35)


Kyrgyzstan launches $3bn railway project in first-ever PPP deal

The $3bn deal for the Makmal-Karakol railway aims to enhance the transport network, create job opportunities, and strengthen regional trade ties.

Details — https://daryo.uz/en/rV9TeDRl

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Kazakhstan’s non-resource sector hits $8.2bn boost in 2024, up 52% y/y

Prime Minister Olzhas Bektenov recently chaired a meeting of the Board of Directors of National Management Holding Baiterek, where it was reported that financing for Kazakhstan’s non-resource sector rose by 52%, creating over 6,000 jobs and boosting manufacturing output to $14.6bn.

Details — https://daryo.uz/en/rtlXz9qZ

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New China-Afghanistan container train route enhances trade connectivity via Kazakhstan and Uzbekistan

The first train, carrying 55 containers of ZTE equipment departed Chongqing and will be traveling through Kazakhstan and Uzbekistan before reaching its final destination in Hairatan, Afghanistan.

Details — https://daryo.uz/en/rPooroVf

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Uzbekistan accelerates green economy transition with investments and SOE leadership

Uzbekistan is advancing its green economy through government initiatives, strategic investments, and the leadership of state-owned financial institutions and enterprises, focusing on renewable energy, emission reductions, and sustainable growth.

Details — https://daryo.uz/en/r9mSPKcO

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ADB approves $125mn loan to modernize Uzbekistan’s water management

The Asian Development Bank (ADB) has approved a $125mn loan to support Uzbekistan’s efforts in modernizing its water management system, improving water security, and ensuring sustainable access to safe water, while promoting climate-smart solutions and enhancing operational efficiency in the water sector.

Details — https://daryo.uz/en/rlm9n8Vk

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Kazakhstan, China’s East Hope Group ink agreement for major metallurgy project

Kazakhstan and China’s East Hope Group have signed an agreement to develop one of Kazakhstan’s largest metallurgy projects, aiming to enhance non-ferrous metal processing, boost exports, and strengthen the country’s position as a regional industrial hub.

Details — https://daryo.uz/en/rMltVlZJ

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Foreign currency exchange rates against the Uzbek soum as of February 21

🇺🇸 $1 = UZS 12,929.92 (-20.11)
🇪🇺 €1 = UZS 13,496.25 (-9.34)
🇷🇺 ₽1 = UZS 146.25 (+3.72)


"Azerbaijan is no longer the little brother" - What’s next for strained Baku-Moscow relations?

After an Azerbaijani Embraer E190 aircraft was allegedly shot down by Russian air defense forces on December 25, 2024, tensions between Moscow and Baku escalated rapidly. President Ilham Aliyev issued strong statements against Russia, and Azerbaijan responded by shutting down the Russian cultural center, "Russian House" In retaliation, Russian state media began discussing the potential expulsion of Azerbaijanis from Russia. What caused this sudden rift between the two nations? What underlying factors are driving this diplomatic chill? The answers lie ahead.

Details — https://daryo.uz/en/rVmwg217

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Uzbekistan to expand water and energy efficiency project with $250mn EBRD loan

Uzbekistan to advance irrigation modernization with the second phase of its Water Supply - Energy Efficiency project, backed by a $250mn EBRD loan to upgrade 110 pumping stations across 10 regions, enhancing water efficiency, agricultural productivity, and climate resilience.

Details — https://daryo.uz/en/rhVfdMgt

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UK backs Uzbekistan’s WTO accession

Both sides agreed to enhance technical assistance for Uzbekistan’s accession process within the framework of the World Bank's economic growth and development program.

Details — https://daryo.uz/en/rt2kpFQQ

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Beeline Uzbekistan started 2025 with a significant network modernization

Beeline Uzbekistan upgraded over 150 base stations in January, enhancing 4G/LTE connectivity across the capital, ten regions, and Karakalpakstan, improving service quality in both urban and remote areas.

Details — https://daryo.uz/en/rPtAxqBG

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“President Mirziyoyev is bringing Uzbekistan to the WTO,” says Azizbek Urunov

Uzbekistan is advancing its WTO accession efforts, gaining strong international support as it moves closer to securing full membership by 2026.

Details — https://daryo.uz/en/r92knGiZ

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Uzbekistan, China partner to launch first cross-linked polyethylene plant

Uzbekistan is set to establish its first domestic cross-linked polyethylene (PE-X) production facility in partnership with China’s Yunnan Xinchengpeng, aiming to produce 35,000 tons annually, create 65 jobs, and cut $30mn in imports.

Details — https://daryo.uz/en/rlxGIXbk

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Uzbekistan produces 50bn cubic meters of gas and 81bn kWh of electricity in 2024

Uzbekistan is ramping up energy production while prioritizing efficiency, as President Mirziyoyev reviews key proposals to reduce energy losses, modernize infrastructure, and promote sustainability amid rising demand.

Details — https://daryo.uz/en/rgrKMHkf

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