News

ADB approves $100 million loan to help strengthen Uzbekistan’s resilience to health emergencies

The Asian Development Bank (ADB) has approved a $100 million loan to strengthen Uzbekistan’s resilience to public health emergencies, including the coronavirus disease (COVID-19) pandemic, by steadily improving testing, diagnosis, and the management of COVID-19 cases over the next 2 years.

World Bank appoints new country manager for the Kyrgyz Republic

The World Bank announced the appointment of Naveed Hassan Naqvi as World Bank Country Manager for the Kyrgyz Republic.

EBRD and EU support green fruit farming in the Kyrgyz Republic

As the Kyrgyz Republic tackles the surging coronavirus pandemic, with new supply-chain risks to food security, local agribusinesses and farming entrepreneurs are playing a vital role.

Members endorse Turkmenistan’s WTO observer status

At a meeting of the General Council, World Trade Organization (WTO) members agreed to grant Turkmenistan observer status in the organization. Turkmenistan, a state in Central Asia with a population of about 6.2 million, became the last former Soviet republic to establish a formal relationship with the WTO.

Hit hard by COVID-19, Afghanistan needs continued international support

Afghanistan’s economy is set to contract by between 5.5% and 7.4% in 2020 because of COVID-19, exacerbating poverty, and leading to a sharp decline in government revenues, according to World Bank in its latest biannual Afghanistan Development Update.

EBRD welcomes adoption of key energy efficiency laws in Georgia

The Law on Energy Efficiency and the Law on Energy Performance of Buildings will enable Georgia to realize energy savings of 14% 2025, thereby helping the country to meet its international obligations in combating climate change, increase its energy security and strengthen its energy links with the EU.

ADB President, Deputy Prime Minister of Uzbekistan discuss partnership and ongoing COVID-19 support

Asian Development Bank (ADB) President Masatsugu Asakawa and Uzbekistan’s Deputy Prime Minister, Minister of Investments and Foreign Trade, and ADB Governor Sardor Umurzakov discussed ADB’s ongoing support for Uzbekistan’s fight against the coronavirus disease (COVID-19) pandemic and the bank’s portfolio of projects in the country.

World Bank appoints new country manager for Uzbekistan

Marco Mantovanelli started his assignment as World Bank Country Manager for Uzbekistan on July 1, 2020, replacing Hideki Mori who was in this position since March 2017.

Uzbekistan resumes WTO membership negotiations

Members discuss reflecting impact of COVID-19 in WTO-led Aid for Trade initiative

World Trade Organization (WTO) members agreed to discuss how to reflect the impact of the COVID-19 pandemic in their future work and agreed to extend the current biennial Aid for Trade work program into 2022 when the next Global Review will also be held.