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Asad Hajiev

Senior Executive Officer and Portfolio Manager at Gemcorp Capital, emerging markets investment professional with 15 years at J.P. Morgan.

Jun 11, 2026

TomHOST
7:12
Yeah.
7:13
Uranium we mentioned is 40% of global production and the agricultural side.
7:19
The country is looking to diversify, attract additional capital, but the economy is overheating a little bit in so far as the base rate in the country is now 18%.
7:28
We expect that to normalize probably to 14, 15% over time, but there is an opportunity to provide flexible capital.
7:36
Now, if you look at the context of Uzbekistan very briefly, It's a story of reforms.
7:45
They differently to pretty much most of the countries in the Soviet Union, including Kazakhstan and Azerbaijan, they did not rush in 1990s to privatize.
7:54
In fact, the state retained most of the control over the economy.

13 MINS LATER

TomHOST
20:56
What's our structural advantage? How do we manage to make it work in Central Asia where maybe some other people can't?

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