Publications
Cultural Heritage of Karakalpakstan Karakalpakstan has a unique and rich cultural heritage. It includes ancient architectural and archaeological monuments, unique folklore, performing arts, ceremonies and customs, as well as traditional handicrafts.
The territory of Karakalpakstan is rich with architectural and archaeological monuments, most of which are defensive constructions, including a number of impressive fortresses along the borders of settlements. The majority of the earliest constructions date back to the IV century B.C., when Ancient Khorezm freed itself from the Achaemenid Empire.
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Eco-Tourism in Uzbekistan: A Journey Towards Sustainability In the heart of Central Asia, Uzbekistan, a country known for its dazzling architecture and rich history, is emerging as a promising eco-tourism destination.
Eco-tourism in Uzbekistan presents an opportunity to explore the country’s natural beauty while contributing to its sustainable development. As more travelers seek out eco-friendly travel options, Uzbekistan stands as a testament to the power of eco-tourism to transform not just the landscape, but also the lives of the people who call it home.
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MIIT: In Uzbekistan, the implementation of 7,656 projects with a total value of $11.6 billion is planned in 2024 One of the key principles of Uzbekistan's economic growth is the widespread and parallel regional development, based on a deep analysis of the socio-economic situation of the country’s regions, including the study of resource base, production, transport-logistics potential, and demand for various high-value-added products.
According to the Ministry of Investment, Industry and Trade, based on the analysis results, regional investment programs (RIP) are formed annually and approved by the Government Commission, implemented with the coordination and support of the Ministry of Investment, Industry, and Trade of the Republic of Uzbekistan. Considering the identification of new opportunities, the list of projects expands throughout the year.
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As of January 1, 2024, 766 industrial zones have been created in Uzbekistan Ministry of Investment, Industry and Trade: In 2023, enterprises located in industrial zones manufactured products totaling 53.4 trillion soums and exported $972 million.
In 2024, 841 projects are planned to be launched in industrial zones in Uzbekistan.
In recent years, the country has been implementing a number of consistent, irreversible reforms aimed at creating an open, competitive economy, investment and industrial development, expanding foreign trade relations, and creating an attractive business environment for domestic and foreign investors.
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The Groundwork of Economic Reforms in 2024. On the situation in the economy and the tasks set
Obid Khakimov, director of the Center for Economic Research and Reforms under the Administration of the Republic of Uzbekistan
The dynamic growth of the population of Uzbekistan requires at least high outstripping economic growth rates in order to adequately meet the growing needs and improve the standard of living of people. But this requires new, more balanced and verified approaches to ensure timely achievement of the set goals.
And these new approaches to economic policy were clearly manifested in the decisions taken at the important meetings held at the beginning of the year under the chairmanship of the President of Uzbekistan Shavkat Mirziyoyev on the situation in the economy and the tasks assigned to the economic divisions for 2024.
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The Emerging Azerbaijan-Gulf Partnership in Energy
By Fuad Shahbazov, Baku-based independent regional security and defence analyst
On January 8, Mohammad bin Zayed Al-Nahyan (MBZ), the leader of the United Arab Emirates (UAE), paid an official visit to Azerbaijan upon the invitation of his counterpart, President Ilham Aliyev. While MBZ’s visit to Baku signaled an era of deepening economic and energy ties between Azerbaijan and the UAE, it also reflected significant progress made in recent years. Indeed, the bilateral relationship has seen a raft of new projects and investments, particularly in the renewable energy sector. Notably, according to 2022 data, the Gulf countries are now among Azerbaijan’s top investment partners, though reciprocal investment remains low, compared to Azerbaijan’s other partners. READ MORE
Publications
How Russian Migration Fuels Armenia’s IT Sector Growth By Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies
The Russian invasion of Ukraine has led to a significant influx of Russian IT specialists into Armenia, boosting the sector and contributing to the country's economic recovery.
The growth of IT has become a synonym for Armenia’s development in the last decades. Given that the country has had a rather strong position in the IT sector since the collapse of the Soviet Union, it appears to be natural to observe the industry flourishing. In the 2000s, the primary agents of change were the branches of multinational companies, such as Synopsys Armenia and others. In recent years, the focus has shifted towards establishing a vibrant and thriving start-up ecosystem. Not even the economic slowdown in 2014-2016, the political upheavals of 2018, the Covid-19 Pandemic, and the 2020 war in Nagorno Karabakh did stop the growth of the IT sector in Armenia.
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