AGP Executive Report
Last update: 36 minutes agoUzbekistan–Korea Economic Push: South Korea and Uzbekistan are moving beyond trade into “strategic production partners,” with a business roundtable in Seoul focused on critical minerals, AI, and advanced manufacturing, and Uzbekistan floating a Korea–Uzbekistan industrial technology alliance. Urban Investment in Tashkent: Vietnam’s ROX Group is committing to the $1.5bn Uchtepa City mixed-use district, with the first phase covering 37 hectares and aiming to create 20,000 jobs. Banking Deal: ABB Financial Group has completed its 51% acquisition of Uzbekistan’s Davr Bank, launching the “ABB Davr” brand and prompting an S&P rating upgrade. Payments Policy Watch: India’s NPCI notified a 0.4% merchant fee (MDR) on UPI payments above Rs 2,000 from Oct 15, while small-value UPI remains free—an issue that could shape regional digital payments debates. Regional Security & Trade: Houthi forces seized Yemen’s Mokha port and Mayyun Island, tightening Iran-linked control over the Red Sea corridor and exposing fault lines in BRICS diplomacy. Chess Olympiad Logistics: Indian GMs complained about Samarkand hotel room delays at the FIDE Chess Olympiad, with organizers saying issues are being resolved.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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