BAKU, Azerbaijan, November 5. Uzbekistan's
Council of Foreign Investors under the President has approved its
work plan through 2027 and admitted Japan's ITOCHU Corporation and
Germany's Deutsche Bank AG as new members, expanding its network of
international companies and financial institutions at the fourth
meeting of the Council's Executive Committee under the chairmanship
of Minister Laziz Kudratov in Tashkent on November 4.


According to the Uzbekistan's Ministry of Investment, Industry
and trade, the meeting was attended by Executive Committee members,
including Andi Aranitasi, head of the European Bank for
Reconstruction and Development (EBRD) representative office in
Uzbekistan; Kanokpan Lao-Araya, director of the Asian Development
Bank (ADB) representative office; Neil McKain, regional head of the
International Finance Corporation (IFC); and Aziz Gafurov, head of
the Council's Secretariat.


Participants reviewed the Secretariat's activities during the
first 10 months of 2026, including the work of 10 interagency
working groups, efforts to promote investor initiatives, the
establishment of the Regional Alliance of Investment Councils of
Central Asia and the Caucasus (RAIC-CAC), and the signing of
partnership memorandums with business associations.


Following the admission of ITOCHU and Deutsche Bank, the Council
now brings together more than 40 companies and financial
institutions from over 15 countries.


The Executive Committee also approved a work plan through the
end of 2027, which envisages approximately 70 working group
meetings and several key events.







The Council's interim sessions are scheduled for November 25,
2026, May 18 and November 23, 2027. Its fifth General Session will
take place on June 14–16, 2027, while a RAIC-CAC meeting is planned
in Tashkent for April 9, 2027. A presentation of the Investment
Outlook is also scheduled for early 2027.


The Council's 2026 annual report will be presented on December
16 during its year-end session. The report will include findings
from a nationwide survey of more than 1,000 respondents conducted
by the Ministry of Investment, Industry and Trade to assess the
impact of foreign investment on Uzbekistan's economy.


The Council serves as a platform for dialogue between the Uzbek
government and international investors, with a focus on improving
business conditions, addressing investor concerns and strengthening
confidence in the country's investment climate.