Economic cooperation formed a major part of the talks. Bilateral trade reached $1.3 billion in 2025, up 33%, according to the Uzbek government. Both countries set a target of raising annual trade to $5 billion by 2030. The number of joint ventures has increased sevenfold in recent years. India and Uzbekistan also have 14 direct flights each week, while four Indian universities currently operate in Uzbekistan. The leaders called for broader industrial and business links.
The agreement brings the Ministry of Investment and Downstreaming together with the Ministry of Youth and Sports on business licensing. It also covers investment promotion and services for companies operating in sports-related fields. The ministries will coordinate through Indonesia’s Online Single Submission system, known as OSS. Their cooperation also includes compliance monitoring, regulatory coordination and data sharing. The framework applies to investment development across Indonesia’s sports sector rather than establishing a US$521 billion domestic industry target.
News
Economic cooperation formed a major part of the talks. Bilateral trade reached $1.3 billion in 2025, up 33%, according to the Uzbek government. Both countries set a target of raising annual trade to $5 billion by 2030. The number of joint ventures has increased sevenfold in recent years. India and Uzbekistan also have 14 direct flights each week, while four Indian universities currently operate in Uzbekistan. The leaders called for broader industrial and business links.
Business
The agreement brings the Ministry of Investment and Downstreaming together with the Ministry of Youth and Sports on business licensing. It also covers investment promotion and services for companies operating in sports-related fields. The ministries will coordinate through Indonesia’s Online Single Submission system, known as OSS. Their cooperation also includes compliance monitoring, regulatory coordination and data sharing. The framework applies to investment development across Indonesia’s sports sector rather than establishing a US$521 billion domestic industry target.
Travel
Gdansk will become Air Arabia’s fourth Polish destination from Sharjah once the announced December services are operating. The airline already serves Krakow and Warsaw Chopin Airport from its Sharjah base. Air Arabia will also launch four weekly flights to Katowice on Dec. 17, 2026. That service will operate on Mondays, Thursdays, Fridays and Saturdays. Together, the Gdansk and Katowice additions will extend the carrier’s direct Poland network beyond the country’s two cities it currently serves.
Health
Automotive
The restructuring strategy, formally named the Future Package, was negotiated between the executive leadership of Porsche and the General Works Council in coordination with the metalworkers union IG Metall and the employers association Südwestmetall. Executives emphasized that workforce reductions will be executed through socially responsible mechanisms, including expanded partial retirement programs, voluntary severance packages, and natural demographic attrition. Management explicitly ruled out compulsory redundancies through 2035, while extending existing site guarantees for five years. In exchange for labor concessions, the automaker committed 2.1 billion euros in capital investments dedicated to upgrading its assembly plant in Stuttgart-Zuffenhausen and its research facility in Weissach.