Since the election of Shavkat Mirziyoyev in December 2016, Uzbekistan has been on a fast-track programme to transform what was, for the previous 25 years, a no-go investment zone. Privatisation is the next step.
Southeast Europe enjoys a largely free and vibrant press, but an index developed by consultant Keshif shows that the press is coming under pressure and diversity and quality are slipping.
Central and Eastern Europe faces a demographic catastrophe in the coming decades that will see Central Asia pull ahead of the eastern EU member states in population terms by the end of the century.
The biggest bank in Georgia TBC is to arrive in Uzbekistan by buying local payment service Payme. It is acquiring a 51% stake for $5.5mn.
Opportunity knocked at start of 2019 after US Fed indicated it was retreating from tightening. That switched bond investors to risk-on and yield-hungry, attracting many to Emerging Europe markets.