President declares priorities for supporting entrepreneurship in Uzbekistan

President Shavkat Mirziyoyev has declared the government's top priorities for fostering entrepreneurship in Uzbekistan. Speaking at an annual open dialogue with businessmen in the historic city of Khiva, in the Khorezm region, Mirziyoyev announced a suite of new measures designed to support businesses.

The announced initiatives aim to create a more favorable environment for entrepreneurs. Key among them is the introduction of a new financing system intended to improve access to capital. Additionally, the government plans to promote the implementation of artificial intelligence technologies to enhance efficiency and competitiveness.

Further measures include a concerted push for export promotion to expand market access for Uzbek businesses. The president also pledged to reduce administrative pressure, streamlining regulations and bureaucratic processes that often hinder business operations. These steps signal a commitment to revitalizing the private sector and driving economic growth.