AGP Executive Report
Last update: 8 hours agoEnvironmental Governance: Uzbekistan is moving from fragmented rules to a revised Environmental Code that treats nature as “national natural capital,” aiming for integrated climate-aligned management. Digital Infrastructure: Beeline Uzbekistan and DataVolt signed MoUs at the Fifth Tashkent International Investment Forum to expand data-center capacity, including a major tenant deal for the Tashkent IT Park facility. Islamic Finance Push: Uzbekistan is positioning Islamic banking as a $4T opportunity, with new regulatory steps highlighted during TIIF 2026. Critical Minerals Industrialization: Tashkent unveiled a $4.2B critical minerals plan to shift from raw exports to higher-value refining and lab work, with 120 projects through 2030. Investment Reform Signals: Mirziyoyev used TIIF to promise continued reforms, including an independent financial regulator and a Tashkent International Financial Center with zero tax and customs rates plus free capital movement. Tech in Banking: TBC Group won global finance innovation awards for AI-led banking products, including Lola, Uzbekistan’s AI banking assistant. Regional Deals: Poland and Uzbekistan agreed to deepen textile cooperation, while Azerbaijan and Uzbekistan signed mining and banking cooperation to develop gold and critical minerals.
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