The economy grew by 6 percent year-on-year in the second quarter, reversing five consecutive quarters of negative growth linked to the imposition of restrictions owing to COVID-19.

SOFAZ sovereign wealth oil fund holds proceeds from oil contracts, oil and gas sales, transit fees and other revenue.

Uzbekistan, a double-landlocked country with almost 35 million people, has been actively promoting the South and Central Asia rail link that will go through its war-torn neighbour Afghanistan, giving it access to the ports of Karachi, Gwadar and Qasim.

The commission fee was cut to 0.027 percent from the current 0.05 percent to introduce a flexible tariff policy.