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Uzbek president pledges continued reforms, tax-free zone at Tashkent forum

Mirziyoyev said the centre will use English common law and offer zero corporate income tax, VAT, property tax and customs duties to investors.

  • On Wednesday, President Shavkat Mirziyoyev opened the Tashkent International Investment Forum 2026, announcing the Tashkent International Financial Centre, a tax-free zone operating under English common law with zero percent corporate, property, and value-added taxes.
  • Mirziyoyev presented Uzbekistan as a fast-growing economy, citing 7.7% economic growth in 2025 and over USD 150 billion in foreign investment attracted in recent years to position the nation as a regional gateway for international capital.
  • The centre guarantees "free capital movement and the ability to make payments in any currency" unconditionally, while an independent financial regulator will adopt regulatory documents for fintech, digital assets, and green finance frameworks.
  • Green energy targets of 54% electricity generation and artificial intelligence projects in Karakalpakstan are priority sectors, with foreign experts expecting USD 10 billion in added value from AI over five years.
  • Uzbekistan intends to join the United Nations Singapore Convention on Mediation, strengthening international legal protections for foreign investors and supporting the long-term credibility of the financial centre's English common law framework.
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asiaplus.news broke the news on Wednesday, June 17, 2026.
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