Uzbekistan: $11.5 billion spent to support small business in 2020

The Uzbek government last year spent $11.5 billion in providing loans and financial assistance to small businesses, President Shavkat Mirziyoyev reported. Mirziyoyev added that more than 104,000 enterprises in Uzbekistan affected by the coronavirus pandemic resumed operations, while the working capital of private enterprises increased by 33% YoY. The president harshly criticized regional and sector…



Uzbekistan: foreign trade down in January-February 2021

Uzbekistan’s foreign trade turnover plummeted to $4.5 million in January-February, or by 23.8% YoY. The exports amounted to almost $1.5 million, down by 43.2%. Imports comprised $3.02 million. Uzbekistan’s largest trading partners were China ($908.5 million), Russia ($843.9 million), Kazakhstan ($585.6 million) and Turkey ($404 million). Trade turnover with the Eurasian Economic Union (EEU) soared…