Uzbekistan reports 8.5% GDP growth in H1 2026 amid credit rating upgrades
Uzbekistan recorded 8.5% economic growth in the first half of 2026, supported by €24.6 billion in investment and €12.7 billion in exports. The performance coincides with positive credit rating actions from Moody's and Fitch, signaling increased international investor confidence in the country's reform trajectory.
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Russian Trade Policy: NNE Exports Rise, Agricultural Export Duties Increase
Russia's non-resource non-energy (NNE) exports increased by 6.9% to $67.15 billion in the first five months of 2026, indicating a continued shift in export composition despite sanctions. Concurrently, Russia has increased export duties on sunflower oil for August and is considering a similar increase for soybeans, reflecting state efforts to regulate domestic agricultural markets. Bilateral trade with Kazakhstan also grew by over 4% in the same period.