German companies to receive benefits for investing in Uzbekistan
Germany plans to reduce business dependence on cooperation with China.

Photo: Presidential press service
German businesses will be able to count on receiving benefits when investing in Uzbekistan, the German publication Deutsche Welle reports.
Germany included Uzbekistan, Kazakhstan and Georgia on a list of 34 selected countries with which the government will encourage economic cooperation through preferential investment guarantees.
“Those destination countries that have good preconditions for German companies, but have so far received less attention from them, will be encouraged,” the German Ministry of Economic Affairs and Climate Protection explained.
Thus, the German government wants to reduce dependence on China by making it attractive for German companies to operate in alternative markets.
Moreover, the Federal Ministry of Economic Affairs and Climate Protection has changed the rules for providing guarantees to German companies that issue loans for projects to develop foreign mineral deposits. If previously benefits were provided only directly for the extraction of raw materials, now they extend to their processing.
Deutsche Welle believes that an expanded loan guarantee mechanism is of interest to Uzbekistan and Kazakhstan, which are rich in natural resources.
Recommended
List of streets and intersections being repaired in Tashkent published
SOCIETY | 19:12 / 16.05.2024
Uzbekistan's flag flies high on Oceania's tallest volcano
SOCIETY | 17:54 / 15.05.2024
New tariffs to be introduced in Tashkent public transport
SOCIETY | 14:55 / 05.05.2023
Onix and Tracker cars withdrawn from sale
BUSINESS | 10:20 / 05.05.2023
Latest news
-
Uzbekistan’s population reaches 37.7 million: Men slightly outnumber women
POLITICS | 14:06 / 05.04.2025
-
EU commits to long-term cooperation with Central Asia on transport, energy, and innovation
POLITICS | 14:03 / 05.04.2025
-
Investigation closed: Authorities deny torture after man taken for interrogation dies in custody
SOCIETY | 13:10 / 05.04.2025
-
Greenery disappears as road expands: Tree uprooting in Boysun sparks public outcry
SOCIETY | 13:08 / 05.04.2025
Related News

16:25 / 04.04.2025
EU announces €12 billion investment package for Central Asia

16:33 / 03.04.2025
Shavkat Mirziyoyev and EBRD President discuss expansion of bilateral investments and projects

15:45 / 03.04.2025
Germany considers recognizing diplomas issued in Uzbekistan

15:42 / 03.04.2025