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Latest articles from Uzbekistan

on the radar

Uzbekistan investment chief looks to gain greater visibility

Shukhrat Vafaev, deputy chairman of Uzbekistan’s Committee for Investments and executive director of Uzbekistan’s Reconstruction and Development Fund, speaks to Sebastian Shehadi about reforms to attract outside investment into the country, including liberalising foreign exchange and changes to the legal system.

uzbekistan's u turn

Slow but sure signs of change in Uzbekistan

After years of tight control, Uzbekistan is opening up, with president Shavkat Mirziyoyev committing to liberalising the economy and modernising the energy sector. It is a major change of approach and a process that is now “irreversible” says the government. Courtney Fingar reports

Tough stance on corruption

In Dispute: a novel way around letting off wrong-doers

A ruling on a dispute between Uzbekistan and an Indian investor has provided an innovative and potential game-changing solution to the problem of governments ducking liability over the poor treatment of investors in the event of them winning arbitration cases, writes Luke Peterson.

Russian SEZs mixed success

Mixed success: why SEZs in Russia and CIS are not fulfilling their potential

Special economic zones are being developed across Russia and the Commonwealth of Independent states. Their success will rest on their ability to overcome bureaucracy and customs issues. Jason Mitchell reports on the effects across the region.

Tomasz Telma

IFC director looks to unlock central Asia

The central Asian countries of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan barely register in terms of global FDI share, making the presence of the IFC in the region all the more important. The corporation's director of Europe and central Asia tells Michal Kaczmarski how the IFC is helping these former Soviet republics make their voices heard.

German companies use historical ties to extend CIS footprint

German companies use historical ties to extend CIS footprint

The former Soviet republics that now make up the Commonwealth of Independent States have long been a fertile ground for German investors. This association is continuing to pay dividends, with German companies reaping the benefits of doing business in countries in which others in the West are more cautious about entering.

Rebuilding the silk road

Asian economies smooth path for Silk Road resurrection

Across central Asia, from China to Kazakhstan, economies are set to benefit from the re-opening of trade routes along the historic Silk Road. Significant investment has already been made to improve the infrastructure along the route, but further investment, more cohesion between the central Asian countries involved and more politically stability in the region as a whole is needed if this great passageway between Asia and Europe is to return to its former glory.
 

A quarry explosion at one of Uzbekistan’s gold mines

Clouds linger over Uzbekistan's investment landscape

A number of foreign investors have endured unpleasant experiences in Uzbekistan of late. However, this does not seem to have discouraged the likes of GM and Lukoil, who have recently announced large projects in the country. So does Uzbekistan provide an environment to do business in?

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