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New Economic Drivers of Syrdarya: More Than 100 Projects Discussed by Deputies
Artificial intelligence in public procurement: a new stage of risk management
B-READY 2025: From Starting a Business to Business Development
Uzbekistan’s Pharmaceutical Industry: The Next Stage — From Quantity to Quality
Today, more than 300 pharmaceutical enterprises operate in Uzbekistan, while over $1.8 billion in investment has been directed to the sector in recent years. However, in 2023, domestic production covered only 18 percent of domestic demand, raising an important question: how can production capacity be transformed into a genuine competitive advantage? India’s experience demonstrates that sustainable competitiveness in the pharmaceutical industry is determined not by the number of manufacturing plants, but by integrating bioequivalence, research and development, and international certification into a unified production ecosystem. Therefore, Uzbekistan’s next priority should be not so much to expand new production capacities as to accelerate domestic producers’ access to international markets and reduce the costs associated with entering those markets. This requires improving the registration and certification system, strengthening quality infrastructure, and expanding the production of high-value-added products. According to World Bank estimates, such reforms could help attract up to $188 million in additional private investment and create up to 20,000 jobs. Therefore, the next stage of the pharmaceutical industry’s development should be measured not by the growth in the number of enterprises, but by the increasing share of products that meet international standards, generate high added value, and are competitive in global markets.
Results of the Work Carried Out in Syrdarya Region Discussed
At a meeting of the Standing Commission of the Council of People’s Deputies of Syrdarya Region on Local Budget, Entrepreneurship Development and Economic Reforms, the results of the work carried out in the region by the Competition Policy and Consumer Rights Research Center were reviewed. During the meeting, representatives of the Center presented the projects they had developed. The methodology applied, project financing, job creation, as well as proposals and conclusions for their implementation were discussed.
Sunflower Oil Prices Forecast for the Next 3 Months
The Competition Policy and Consumer Rights Research Center is conducting econometric analyses to forecast prices of socially important essential food products. Using data from the National Statistics Committee on the dynamics of average prices for major food products from January 2021 to August 2026, a forecast of sunflower oil prices for the next 3 months was prepared. According to the available data from the National Statistics Committee, in July 2026, the average retail price of 1 liter of sunflower oil was UZS 22,000. According to the results of the econometric analysis, in the absence of domestic and external shocks, a slight upward trend in sunflower oil prices may persist in the coming period. In particular, during September–November of the current year, the retail price of 1 liter of sunflower oil is expected to remain around UZS 22,500 (minimum — UZS 21,300; maximum — UZS 23,500). #Sunflower_Oil
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