• KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01190 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09438 0.21%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 537

Responsible AI Rankings: Uzbekistan Leads in Central Asia

The Global Center on AI Governance has published a report titled “Results of the Global Index on Responsible AI in Eastern Europe and Central Asia.” Among Central Asian countries, Uzbekistan has been judged to use artificial intelligence in the most responsible way. Recent AI initiatives in Uzbekistan cover fields including cultural and linguistic diversity, international cooperation, public sector skills development, and transparency. Kazakhstan ranks second in the region. Among Central Asian countries, Kazakhstan ranks first for the number of government initiatives related to responsible AI. Kyrgyzstan ranks third in the region, demonstrating significant non-governmental sector participation in responsible AI. However, the need for a comprehensive government system affects its overall outcome. The report states that the country has received a high rating for responsible AI governance, second only to Uzbekistan in the region. However, due to the scarcity of government frameworks, which, along with government initiatives, had the most weight in the index score, Kyrgyzstan scored lower in the Responsible AI Index. Tajikistan is the only Central Asian country with an AI national strategy aimed at development until 2040. It ranks fourth in the region. However, this strategy covers only 5 out of 19 thematic directions. Tajikistan's scores are relatively high regarding responsible AI governance; however, the country has the most passive non-state sector among the pillars assessed. Turkmenistan has the lowest indicator in the region. Government structures related to the responsible use of artificial intelligence have not been identified in the country.

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Kyrgyzstan Raises Price of Coal Exports to Uzbekistan

The Government of Kyrgyzstan has increased the price of coal exported to Uzbekistan by 37%, according to the publication Tazabek.kg. As stated in a report issued by the National Statistics Committee of Kyrgyzstan,  from January to May this year, Kyrgyzstan exported 302,000 tons of coal worth $12.7 million to Uzbekistan, 1,000 tons less than in the same period last year, when Uzbekistan paid $9.2 million for 303,000 tons. Coal suppliers did not comment on why the prices were so high. In the first five months of 2024, the average price per ton of exported coal was $42. Last year, this indicator was reported to have not exceeded $30.9.

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How Limits on Electricity Use will Impact Uzbekistan

This year, Uzbekistan implemented reforms aimed at modernizing and optimizing energy consumption, including a new scheme introduced by the Cabinet of Ministers of the Republic of Uzbekistan. Entitled “Additional measures to introduce market mechanisms in the fuel and energy sector,” the scheme comprises a new pricing structure for fuel and energy resources for 2024-2025, alongside revised basic standards for monthly household electricity and natural gas consumption, starting May 1, 2024. Under the new regulations, residents must pay 450 UZS (3.6 cents) for each kilowatt used up to 200 kWh per month and 900 UZS (7.2 cents) for 201 kWh to 1,000 kWh per month. If energy consumption increases, the price changes accordingly. Household consumers living in apartment buildings and dormitories equipped with centralized electric plates for cooking will be charged 225 UZS (1.8 cents) for up to 200 kWh per month, from 201 kWh to 1,000 kWh – 450 UZS (3.6 cents). Negative reaction to the move has been widespread with numerous complaints posted on social networks such as Instagram and Facebook, demanding the cancellation of the limit of up to 200 kWh. One of the key protests is that the number of family members was not considered when setting the limit and that it will need to increase in the colder months of autumn-winter. Residents also commented they will need to save up to pay for their bills and one Facebook post commented that the 200-kWh limit should be cancelled or at least increased to 500 kWh. In response  to public outcry, Uzbekistan's Ministry of Energy  issued an official statement announcing that there was no reason to revise its decision and reported that since 71% of the population consumed less than 200 kW of electricity in June, the limit was realistic. When interviewed by TCA on the situation, Umida Ahadova from the Navoi region, commented, “Four people live in our family, and electricity is mainly used for housework. Since it is summer, we often use the air conditioner to cool the house. But the electricity consumption rarely exceeds the set limit of 200 kW." Another interviewee Roziboyeva, who shares a rented house in Tashkent with seven friends said, “Eight girls have lived in a 3-room apartment for almost a year, but our energy consumption is only slightly more than 150 kW. That said, we don’t use air conditioners to heat and cool the house." According to the ministerial statement , 1 kWh of electricity costs 895 UZS (7.1 cents) (without VAT). The state reimburses 552.4 UZS (4.4 cents) for each kWh of electricity supplied to the population within the basic norm and 102.1 UZS (0.81 cents) from 201 kW to 1000 kWh. “It should be said that consumers' electricity savings have increased due to increasing tariffs, " claimed the ministry. " As a result, the load on the system is reduced, people’s electricity systems are cut, and accidents are also decreasing." Research conducted by Asia-Plus last year showed that Kazakhstan has the highest electricity tariff among Central Asian countries....

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Rise in Uzbekistan’s Foreign Trade Turnover

According to a report  published by the Statistics Agency of Uzbekistan on the country's socio-economic situation for the first  half of 2024, the gross domestic product amounted to 567.4 trillion UZS ($44.93 billion), an increase of 6.4% compared to the same period last year. The industrial network grew by 7.8%; agriculture, forestry, and fisheries by 3.8%, and construction by 10.1%. Local enterprises produced industrial products worth 370.0 trillion UZS ($29.30 billion) and the volume of agricultural, forestry, and fishery products totalled 170,297.3 billion UZS ($13.49 billion). The rate of inflation in Uzbekistan's consumer sector was 5.2%. Foreign trade turnover amounted to $31,828.2 million, an increase of $2,486.7 million or 8.5% compared to 2023. Exports reached $12,992.7 million, an increase of 5.5%, and imports, reached $18,835.5 million, an increase of 10.6% compared to the previous year. In July 1, 2024, 455,600 enterprises (excluding farms and peasant farms) were operating in the country, of which 387,100 are small enterprises and micro firms. Between January and June, 42,400 new enterprises and organizations were established, of which 41,000 were small enterprises and micro firms, and by July, of the 13,880 enterprises operating with foreign capital, 4,221 were joint ventures, and 9,659, solely international.  

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Uzbekistan Launches NATO-Standard Armored Vehicle

As reported by Uzbekistan 24, the Uzbekistan Defense Industry Agency has developed a new armored military vehicle, "Arslon," which is built to NATO standards. The vehicle, which weighs over 30 tons, can accommodate eight paratroopers and a crew of three. Its front is designed to protect against 30 mm armor-piercing shells. The side armor is capable of repelling 4.5-mm-caliber bullets. “In creating this armored personnel carrier, the parameters provided by NATO standards were considered. This is a national product created in Uzbekistan in cooperation with enterprises that produce high-quality components,” said Akmal Karimov, a company representative.

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Saudi and Chinese Companies to Cooperate on Wind Power Projects in Uzbekistan

The Saudi company ACWA Power has announced that it has sold 35% of its stake in two wind power plants in Uzbekistan to China Southern Power Grid International. The Bash and Dzhankeldy plants in the Bukhara region are currently under construction. The deal is the first joint investment project between ACWA Power and China Southern Power Grid International in renewable energy sources in Central Asia. The cost of building the two wind power plants, which have a total capacity of 1 GW, is $1.3 billion. The agreement was signed on July 17 by Uzbekistan's Minister of Energy, Jorabek Mirzamahmudov. The terms of the deal were not disclosed. In December 2022, ACWA Power signed agreements with Chinese partners to finance, invest in, and build renewable energy projects in Saudi Arabia and ACWA Power’s Belt and Road Initiative countries. The Times of Central Asia has previously reported on projects being implemented by ACWA Power in Uzbekistan.

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