President of Uzbekistan and prime minister of Malaysia agreed to designate 2025−2026 as the period for innovative development in joint partnership. A Strategic Dialogue platform for Foreign Ministers, a Preferential Trade Agreement and Industrial Cooperation Program are among announced deals.
President of Uzbekistan announced the establishment of a special economic zone in Tashkent region for Malaysian entrepreneurs, offering full incentives. He invited them to invest in the country, assuring that each project would be supported by a separate government resolution.
President of Uzbekistan Shavkat Mirziyoyev will pay an official visit to Malaysia on 4−5 February. He will hold talks with prime minister Anwar Ibrahim, meet top executives of Malaysian companies and participate in a joint business forum and other events.
Uzbekistan plans to increase the share of renewable energy in its total power generation from 16% to 26% this year, with $300 million allocated to support low-carbon projects. The president emphasized that it is time to transition to a resource-efficient economic model.
President of Uzbekistan congratulated Alexandr Lukashenko on his victory in the presidential election in Belarus. The message stated that the “high voter turnout and election results confirmed the strong trust of Belarusian people in the incumbent president”.
President of Kyrgyzstan Sadyr Japarov visited Amirsoy ski resort in Tashken region, where he met with president of Uzbekistan Shavkat Mirziyoyev. They discussed cooperation and agreed to jointly promote resort and recreation projects. Japarov expressed admiration for the resort’s high standards.
President of Uzbekistan stressed the importance of gradually transitioning new apartment buildings to green energy. Developers who sign contracts to supply energy from solar stations to new constructions may be exempt from profit tax and eligible for lower-interest loans.
President Shavkat Mirziyoyev congratulated Donald Trump on his official inauguration as US president. He emphasized Uzbekistan’s interest in strengthening long-term cooperation with the US and invited Trump to come to Uzbekistan on a visit.
Uzbekistan’s economy grew by 6.5% in 2024, reaching $115 billion, the president announced at a government meeting. He highlighted successes in attraction of investments across several regions and industries but also criticized certain ministries and district hokims.
The freight forwarding market in Uzbekistan, which connect shippers and carriers, is estimated at $520 m. 90% of the share is occupied by foreign companies. To increase the share of local freight forwarders to 50%, they will be exempted from VAT. President ordered to diversify foreign trade routes.
President of Uzbekistan instructed ministries, agencies and hokimiyats to implement measures aimed at saving and enhancing the efficiency of budgetary funds in 2025, prohibiting proposals for salary increases, purchases of official vehicles and expensive furniture or office supplies.
President of Uzbekistan will pay an official visit to the UAE from 13 to 16 January. He will meet with the country’s leadership, take part in the Abu Dhabi Sustainability Week summit and visit Dubai.
President of Uzbekistan sent condolences to president of China over the numerous deaths and injuries caused by a powerful earthquake in Tibet.
President Shavkat Mirziyoyev in his New Year address said that 2024 was prosperous “thanks to sustainable development, atmosphere of friendship and harmony in society.” “Our main goal is to create a sustainable balance between the economic system and the environment,” he noted.
Uzbekistan temporarily evacuated 100 injured Palestinians women and children. They have been accommodated in rehabilitation centers and hospitals for treatment and recovery.
Uzbekistan reached an agreement to construct the Sea Breeze Uzbekistan tourism center on the shores of Charvak reservour for $10 billion, president said. The funding to be provided by foreign investors. The project was proposed by Azerbaijani entrepreneur Emin Agalarov.
Uzbekistan’s accession to the World Trade Organization (WTO) entered “final stage”, the president announced. He emphasized that while certain preferences conflicting with WTO rules were abolished, the government remains committed to supporting businesses and fostering a fair competitive environment.
President of Uzbekistan Shavkat Mirziyoyev extended condolences to president of Russia Vladimir Putin over the deaths of Russian general Igor Kirillov and his assistant Ilya Polikarpov, denouncing a “heinous terrorist act”, the Kremlin’s press service said.
Nine state banks in Uzbekistan will secure $1 billion in loans to support the family entrepreneurship program in 2025, the president said. Additionally, banks will offer unconditional loans of 300 million soums to bolster small businesses.
Azerbaijani entrepreneur Emin Agalarov presented Sea Breeze Uzbekistan project to president of Uzbekistan Shavkat Mirziyoyev. Planned on the shores of Charvak water reservoir, the 500−700 hectare center will feature recreational areas, hotels, residential complexes and other amenities.
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