AGP Executive Report
Last update: 3 hours agoIndia–Uzbekistan Diplomacy: Uzbekistan’s FM Bakhtiyor Saidov met India’s President Droupadi Murmu in New Delhi, with both sides stressing deeper strategic ties and new cooperation in rare earths, agriculture, pharma and IT. Trade Push: Commerce Minister Piyush Goyal urged India and Uzbekistan to double bilateral trade in three years, inviting co-investment, co-manufacturing and even a possible free trade agreement. NAM Support: Jaishankar told Saidov India backs Uzbekistan’s Non-Aligned Movement chairship for 2027–29, praising Tashkent’s stance against terrorism. Tax Reform Idea: An Uzbek advisory body proposes cutting income tax for banks and other financial services to 15% from 20%, using VAT to offset revenue gaps. Rail Corridor Watch: Work on the Kyrgyz section of the China–Kyrgyzstan–Uzbekistan railway is progressing slightly ahead of schedule, with tunnels and bridges underway. Border Village Transfer: Kyrgyzstan and Uzbekistan have started exchanging land plots after border demarcation, including villages Chon-Gara and Tash-Tobo moving to Kyrgyzstan, with registration and citizenship steps underway. Business & Growth: Uzbekistan’s BirBir classifieds reports 150% year-on-year growth and nationwide expansion. Energy Outlook: Uzatom says Uzbekistan’s first small modular reactor could be commissioned in 2029, with the larger unit by 2033.
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