Economy

This Environmental, Social and Governance (ESG) report is the first in an annual effort to measure and assess Uzbekistan’s progress since the reform process began in 2017. It outlines the rationale behind key reforms and the resulting changes, as well as looking forward towards ongoing and future projects and their expected impact. The report is designed to chart Uzbekistan’s progress on the path to sustainable development and social reform using data and facts. This report also addresses efforts to tackle historic challenges caused by the country‘s past development such as the widespread use of forced labor in the annual cotton harvest.

President Shavkat Mirziyoyev has got acquainted with the working process at Tashkent Metallurgical Plant.

IA “Dunyo” presents a video about the priceless gift of nature – the natural honey in Uzbekistan

Analysis of the experience of advanced development of economically developed foreign countries allows us to conclude that ensuring optimal growth and effective innovative development of the economy requires the competent introduction of fundamentally new methods and mechanisms to support economic entities that stimulate the growth of innovation activity and the implementation of its results in economic practice.

After the meeting with Bektemir district representatives, the Head of the state inspected special vehicles that are planned to be produced in Uzbekistan.

On August 6, President of the Republic of Uzbekistan Shavkat Mirziyoyev held a videoconference on the implementation of the Agriculture Modernization Project, implemented with World Bank participation.

On July 2, President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting to review the implementation of priority projects and prospects for expanding trade-economic, investment and financial-technical cooperation with Japan, the Republic of Korea and the United Arab Emirates.

The Republic of Uzbekistan is blessed with rich natural resources including precious, rare and non-ferrous metals, various organic fuel such as oil, natural and condensed gas, different types of coal, shale oil, uranium and many more.

For the last three years, Uzbekistan is progressively implementing its new development strategy, initiated by President Shavkat Mirziyoyev.

Given the high likelihood of the second wave of COVID-19 outbreak, countries still face a choice between the people and the economy.