ARTICLE · 17 NOVEMBER 2025
Joint Ventures 2025 - Uzbekistan
The economic and legal system of Uzbekistan has been very stable and, as confirmed by various international institutions, including the World bank, it has been showing steady growth since 2017 despite geopolitical turbulence surrounding the region.
UzbekistanFinance and Banking
1. Market Conditions
1.1 Geopolitical and Economic Factors
The economic and legal system of Uzbekistan has been very stable
and, as confirmed by various international institutions, including
the World bank, it has been showing steady growth since 2017
despite geopolitical turbulence surrounding the region. The
situation in Ukraine and the Middle East has not negatively
impacted the country and traditional sources of investment
continued expanding their presence in Uzbekistan by means of
establishing solely owned enterprises or making joint ventures
(JVs) with other international investors and local partners. The
government of Uzbekistan continued to show commitment to
strengthening business and investment in the country and new
legislative reforms are planned to be carried out in
2025–2026. Furthermore, several international events in the
oil and gas, mining, and energy industries have gathered quite a
lot of interest in the country.
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