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Cobalt sales drop 30% as electric vehicles gain traction in Uzbekistan automarket

Uzbekistan’s automotive market experienced notable structural shifts during the first four months of 2026, characterized by a sharp decline in the sales of the country's long-standing market leader, the Chevrolet Cobalt, alongside a rapid surge in demand for electric and hybrid vehicles.

πŸ‘‰ https://kun.uz/en/52570688

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EDB officially opens representative office in Tashkent

The Eurasian Development Bank (EDB) has officially opened its representative office in Tashkent. Nikolai Podguzov, Chairman of the EDB Management Board, announced that the bank has initiated full-scale operations in the country following the completion of all legal and administrative procedures regarding Uzbekistan's accession to the financial institution.

πŸ‘‰ https://kun.uz/en/68415274

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Saida Mirziyoyeva views successful UzNIF debut as a testament to economic reforms

Uzbekistan has positioned itself as an increasingly open and dependable partner for international investors, according to comments by Saida Mirziyoyeva, Head of the Presidential Administration of Uzbekistan. Her remarks followed the debut of the Uzbekistan National Investment Fund (UzNIF) on public equity markets.

πŸ‘‰ https://kun.uz/en/32271994

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Senate approves administrative penalties for odometer tampering in used car market

The Senate has approved legislative amendments that introduce explicit administrative liability for selling a vehicle with a modified or replaced odometer without informing the buyer.

πŸ‘‰ https://kun.uz/en/54149118

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Uzbekistan aims to raise urbanization rate to 65% by 2040 – President Mirziyoyev

Uzbekistan plans to increase its urbanization level from the current 51% to 65% by the end of 2040, President Shavkat Mirziyoyev announced during his address at the Leaders' Summit of the 13th World Urban Forum in Baku.

πŸ‘‰ https://kun.uz/en/78314979

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Saida Mirziyoyeva holds talks with prominent financial leaders and politicians in London

Saida Mirziyoyeva, Head of the Presidential Administration of Uzbekistan, held a series of high-level meetings in London with prominent British political figures and global financial executives following the successful listing of the Uzbekistan National Investment Fund (UzNIF).

πŸ‘‰ https://kun.uz/en/31873906

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Abdukodir Khusanov makes FA Cup best XI and short-list for Manchester City player of the year

β–ͺ️ Uzbekistan national team defender Abdukodir Khusanov has earned a spot in the FA Cup Team of the Season, compiled by the statistics portal Sofascore. Khusanov’s consistent performances throughout the tournament earned him an average rating of 7.32.

β–ͺ️ In addition to his tournament honors, Khusanov has been announced as one of the final three nominees for Manchester City’s Player of the Season award. The Uzbek defender joins English midfielder Nico O'Reilly and Belgian winger Jeremy Doku on the short-list.

πŸ‘‰ https://kun.uz/en/97621983

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US firm to recruit Uzbek workers for ten-month agricultural programs

Uzbekistan nationals may soon find expanded opportunities to work in the United States agricultural sector for up to ten months under the H-2A visa program.

πŸ‘‰ https://kun.uz/en/75893279

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Uzbekistan moves to tax foreign digital vendors as e-commerce market expands twentyfold

Foreign companies selling products to Uzbekistan through online marketplaces will now be recognized as value added tax (VAT) payers, following a new bill approved by the Senate of Oliy Majlis during its plenary session on May 18. The legislation, which amends the Tax Code and the Law on Electronic Commerce, has been forwarded to the president for signing.

πŸ‘‰ https://kun.uz/en/35772665

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Presidents of Uzbekistan and Serbia discuss boosting bilateral trade volume

President Shavkat Mirziyoyev met with his Serbian counterpart, Aleksandar VučiΔ‡, on the sidelines of the World Urban Forum in Baku. The parties discussed advancing multifaceted relations between Uzbekistan and Serbia, following up on previously established high-level agreements.

πŸ‘‰ https://kun.uz/en/94747002

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Uzbekistan welcomes over four million foreign tourists in first four months of 2026

According to data released by the National Statistics Committee, 4,048,417 foreign citizens traveled to Uzbekistan for tourism purposes between January and April 2026. This represents a substantial increase of 930,800 people, or 29.9%, compared to the same period last year.

πŸ‘‰ https://kun.uz/en/17110866

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Over 700 foreign nationals relocated to Uzbekistan permanently in Q1 2026

Russia emerged as the largest source of permanent migration, accounting for 34.1% of the total arrivals. Kazakhstan followed as the second-largest contributor at 19.7%, while the Republic of Tajikistan made up 12.2% of the incoming residents. The Kyrgyz Republic and Turkmenistan accounted for 4.9% and 3.7% of the relocations respectively, while various other countries combined made up the remaining 25.4% of the migration pool.

πŸ‘‰ https://kun.uz/en/89736992

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Tax authorities to gain access to anonymous transaction data from digital marketplaces

Digital marketplaces and internet platforms operating in Uzbekistan will soon be required to transmit anonymous data regarding product turnover and online financial transactions directly to the Tax Committee.

πŸ‘‰ https://kun.uz/en/94130906

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β€œThis is only the beginning” – Saida Mirziyoyeva
 
May 18, 2026 – London
 
The initial public offering (IPO) of shares in the Uzbekistan National Investment Fund on the London Stock Exchange has been successfully completed.
 
Demand for the shares exceeded the offering size by more than four times, with total orders approaching $3 billion.
 
πŸ‘‰ https://kun.uz/en/32271994

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First Uzbek–Brazilian trading house opens in Rio de Janeiro

The newly established commercial entity is fully registered under Brazilian law as a corporate trading firm operating under the name "Brazilian-Uzbekistan Trade House Ltd."

πŸ‘‰ https://kun.uz/en/38077802

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Uzbekistan criminalizes public consumption of potent substances under newly approved bill

The Senate of Oliy Majlis approved a comprehensive law on May 18 designed to significantly increase criminal and administrative penalties for the illicit trafficking of narcotics, psychotropic substances, chemical analogues, and potent medicines. The legislation, which addresses a sharp rise in synthetic drug manufacturing and digital distribution networks, has been forwarded to the president for signature.

πŸ‘‰ https://kun.uz/en/20185015

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Senate issues parliamentary inquiry to Cabinet of Ministers following surge in emergency fatalities

According to data compiled by the Ministry of Emergency Situations, Uzbekistan recorded 82 major emergency situations over the past year. These incidents resulted in 256 people sustaining injuries and claimed the lives of 221 individuals. A closer look at the data reveals an alarming upward trend in domestic hazards compared to 2024. Specifically, the total number of fires across the country escalated by 12.7% in 2026, while the related death toll climbed by 7%.

πŸ‘‰ https://kun.uz/en/88995903

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