
How Uzbekistan Recast Its Business Climate Over a Decade of Market Reform
Uzbekistan has overhauled registration, licensing, tax policy and business-rights protection since 2016, redrawing the framework for private enterprise.

Uzbekistan has overhauled registration, licensing, tax policy and business-rights protection since 2016, redrawing the framework for private enterprise.

Uzbekistan auctions its 100% stake in the 'Fonon' jewelry plant amid ongoing financial difficulties, significant debts, and asset encumbrances challenging state industrial reforms.
Uzbekistan advances its digital transformation with plans for a national navigation system, unified public administration platform, and expanded IT sector incentives.

Uzbekistan’s water reforms and digital innovations have significantly reduced water stress, offering a replicable model for sustainable management amid regional challenges.

Uzbek aluminium producer AKFA Aluminium is exploring its first international bond issuance, signaling a strategic push towards transparency and global market engagement.

Paxtakor football club reported a 50 billion UZS loss in 2025 with growing tax debts, highlighting challenges in Uzbekistan's football financing amid state funding reductions.

Uzbekistan’s light vehicle market grew 19% in March 2026, led by gains in new and used car sales, with notable regional variations and rising electric vehicle adoption.

Uzbekistan accelerates Asakabank privatization by transferring assets, injecting capital, and aligning operations with market principles to strengthen banking sector reforms.

Tashkent’s markets saw significant profit growth in 2025, led by Askiya farmers market's surge and Sergeli auto market’s strong performance, highlighting shifting economic dynamics.