Dilafruz Khusanova,
Head of the Press Service of the Chamber of Commerce and Industry of Uzbekistan

Agriculture is one of the leading sectors of Uzbekistan’s economy.
The annual open Dialogue of President Shavkat Mirziyoyev with entrepreneurs, which has already become a tradition, once again gave impetus to new ideas and projects for representatives of all business categories. This year, discussions at the main platform in the world of Uzbek business took place on August 20 in Nukus. At the event, the Head of State announced new initiatives in five areas. READ MORE

• EGF Editor  |  Published on EGF: 04.11.2024  |  External Relations
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Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies

On October 26, 2024, parliamentary elections were held in Georgia. Long before election day, they were called the most crucial Georgian elections since the 2003 Rose Revolution. Opposition parties presented the election as a choice between Russia and Europe, while the ruling Georgian Dream Party described it as a choice between peace and war. In both cases, geopolitics played a significant role.
The opposition accused the Georgian Dream of steering Georgia away from European integration. At the same time, the government claimed that the opposition sought to open a second front against Russia, transforming Georgia into another Ukraine. Georgian Dream even displayed posters on Tbilisi streets contrasting images of a peaceful Tbilisi with war-ravaged Ukrainian cities. Recent actions by the Georgian government, including the passage of a law on transparency of foreign influence and an anti-LGBT propaganda law, have strained Georgia’s relations with the West. The European Union halted the accession process and cancelled funding from the European Peace Facility, while the United States imposed sanctions on several Georgian officials. READ MORE

• EGF Editor  |  Published on EGF: 31.10.2024  |  External Relations
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By Vasif HUSEYNOV, PhD, Head of Department, AIR Center, Adjunct Lecturer, ADA and Khazar Universities, Baku

On October 3, Ashgabat, Turkmenistan hosted a high-level event in collaboration with the European Union, the Central Asian countries located along the Trans-Caspian Transport Corridor (also known as the Middle Corridor), the South Caucasus states, and Türkiye, as well as the major international financial institutions. The event resulted in the establishment of a Coordination Platform for the Middle Corridor. According to the European Union, the Coordination Platform will focus on promoting the transit corridor and implementing priority infrastructure projects while coordinating investments in the South Caucasus and Türkiye. The European Union announced plans to launch a regional transport program in 2025 to support infrastructure development and provide technical assistance for improving standards, digitalization, and interoperability across the region. The Middle Corridor is an essential route that will allow Central Asia to better access Europe without having to go through sanctioned Russia, but it still faces numerous economic, logistical, and political roadblocks in its development. READ MORE

• EGF Editor  |  Published on EGF: 31.10.2024  |  External Relations
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Tashkent hosted a press conference of international observer missions representing the Organization for Security and Cooperation in Europe (OSCE) structures at the October 27 elections.

Azay Guliyev, Special Coordinator and Head of the OSCE short-term observers, Sargis Khandanyan, Head of the OSCE Parliamentary Assembly delegation, and Douglas Wake, Head of the OSCE Office for Democratic Institutions and Human Rights (ODIHR) election observation mission shared their impressions of the monitoring. READ MORE

• EGF Editor  |  Published on EGF: 31.10.2024  |  Markets
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Lola Rakhmanbaeva, Advisor to the Minister of Ecology, Environmental Protection, and Climate Change on Information Policy- Press Secretary

Agriculture is one of the leading sectors of Uzbekistan’s economy.
As a country with unique natural resources and rich cultural heritage, Uzbekistan is increasingly aware of the need for active action in the fight against climate change. The country is taking a number of measures and initiatives aimed at achieving sustainable and green development, which plays a key role in global efforts to mitigate the effects of climate change. READ MORE

• EGF Editor  |  Published on EGF: 25.10.2024  |  Energy
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By Vasif HUSEYNOV, PhD, Head of Department, AIR Center, Adjunct Lecturer, ADA and Khazar Universities, Baku

On August 20, the Ministry of Foreign Affairs of Azerbaijan declared the country had officially applied for membership in BRICS. BRICS is an intergovernmental cooperation platform that originally comprised Brazil, Russia, India, China, and South Africa, and now includes five new members that include Saudi Arabia, Egypt, Ethiopia, Iran, and the United Arab Emirates. This announcement followed Azerbaijan’s initial declaration of its desire to join the bloc, revealed in the China-Azerbaijan joint declaration on establishing a strategic partnership. This was adopted by the two countries’ leaders on July 3 during the Shanghai Cooperation Organization (SCO) Summit in Astana, Kazakhstan. The declaration highlights Azerbaijan’s intent to join BRICS and emphasizes China’s support for this initiative. Azerbaijan’s bid has also been backed by Russia, with the Kremlin expressing support for Baku’s application on several occasions over the past two months. READ MORE

• EGF Editor  |  Published on EGF: 23.10.2024  |  External Relations
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Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies

As the US presidential election approaches, many are assessing the implications of a Donald Trump or Kamala Harris administration in different parts of the world. Commentators on the South Caucasus are no exception. The Biden administration established a Washington format to facilitate Armenia–Azerbaijan negotiations and took steps to further US–Armenia relations, making a decision to upgrade the status of a strategic dialogue launched in 2019 to a strategic partnership commission. The Biden administration also invested efforts in thawing relations between Armenia and Turkey, viewing this as essential for regional stability. US officials view normalising Armenia–Turkey relations as crucial for reducing Russian influence and decreasing Armenia’s dependency on Russia. READ MORE

• EGF Editor  |  Published on EGF: 23.10.2024  |  External Relations
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By Fuad Shahbazov, Baku-based independent regional security and defence analyst

Türkiye’s Statistics Department reported in July that exports to Russia had shrunk by 28 percent from the previous year due to continuous pressure from US sanctions against Russia. The value of these exports reached only $4.16 billion in the first quarter of 2024, representing a decline from a peak of $5.80 billion the previous year. Imports surged in 2021 to a peak of $27.7 billion just before the outbreak of Russia’s war in Ukraine, and have since fallen, though they still remain far above 2020 levels. Since Russia’s invasion, the West has imposed harsh economic sanctions on the country to exert pressure on the country. Since then, however, Moscow has gone to enormous effort to circumvent those sanctions and maintain international trade. In this regard, Türkiye, a long-time Russian energy importer, has become an outlet for the Russian global economy. Turkish-Russian relations have fluctuated over the course of the war, as Türkiye tries to maintain a balanced position between the West and Russia, as well as with other regional players in the Middle East. READ MORE

• EGF Editor  |  Published on EGF: 23.10.2024  |  External Relations
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Agriculture is one of the leading sectors of Uzbekistan’s economy.
This sector accounts for more than 24% of the republic's gross domestic product and employs about a quarter of the total workforce. Thus, sustainable development and modernization of agriculture is a key priority of state policy and macroeconomic development strategy of the republic to ensure overall economic growth and improve the population’s welfare. READ MORE

• EGF Editor  |  Published on EGF: 16.10.2024  |  Markets
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By Yeghia TASHJIAN, Beirut-based regional analyst and researcher, columnist, "The Armenian Weekly”

Over the past few weeks, security events have dramatically accelerated Israel’s aggression on Lebanon. On October 8, 2023, Hezbollah, a paramilitary political party in Lebanon (also known as the Islamic Resistance) backed by Iran, opened a front against Israel to assist Hamas in its conflict with Israel following its “al-Aqsa Storm” operation. The Lebanese front remained “managed” as Israel and Hezbollah engaged in limited clashes. This equation changed starting on September 17, 2024. Along with its fight against Hamas and the destruction of Gaza, Israel shifted its focus to Hezbollah and started bombing Lebanon, destroying the party’s infrastructure in southern Beirut, South Lebanon and Beqaa near the border with Syria. READ MORE

• EGF Editor  |  Published on EGF: 16.10.2024  |  Security
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