Economic Monitor Issue 02 | February 2020


  • Pharma park and cluster. Roadmap presented to government
  • Reform of state-owned enterprises. Important future reform area
  • Energy sector. Investment in infrastructure and energy generation needed
  • Doing Business Index. Progress in improving investment and business climate
  • SME support. Rethinking of SME funding policy necessary

Newsletter Issue 03 | November – December 2019

Export potential for Uzbek textile and apparel

The manufacture of textile and apparel is among the key sectors of the Uzbek economy. In 2018, it ac-counted for 17% of manufacturing and provided 11% of goods exports. The main destination of Uzbek exports are neighbouring countries. Russia, China, Kazakhstan, Kyrgyzstan and Iran absorb 81% of the sector’s exports.


Newsletter Issue 02 | September – October 2019

Cluster-oriented reform model for free economic zones

The first free economic zone (FEZ) in Uzbekistan was established in 2008. Since then, 20 additional FEZ were created throughout the country. Drawing on international experience, a reform process has been initiated in 2018 to increase the effectiveness of the zones. As one reform option, a cluster-oriented model has been examined.


Economic Monitor Issue 01 | August 2019


  • Development Strategy 2017 2021: Implementation of comprehensive reform agenda in 5 key areas
  • Tax reform: Positive implications for investment and business climate, but also for the state
  • Banking sector: Reforms in this state dominated sector are indispensable
  • Export potential of textile products: Identification of promising products
  • Reform of free economic zones: Cluster approach offers the chance to increase effectiveness

Newsletter Issue 01 | July – August 2019

Positive economic outlook thanks to reform dynamics

For two years now, Uzbekistan is in the focus of many international observers. President Mirziyoyev has ini-tiated a comprehensive reform and modernisation process, which aims to transform the country from a closed, state-centred economy into an open market economy.