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Uzbekistan plans to increase exports of electrical products to Europe, countries of South Asia and the Middle East
Uzbekistan plans to increase exports of electrical products to Europe, countries of South Asia and the Middle East

There are about a thousand manufacturing enterprises operating in the electrical engineering sector of Uzbekistan, most of them small, producing over two thousand types of products. Almost all enterprises in the industry are privately owned. The total number of people employed in the industry exceeds 35,000.

The 76 largest enterprises in the industry, which produce over 90% of all electrical engineering products, are members of the Association of Electrical Engineering Manufacturers (UzEltechSanoat). Of these, 18 enterprises manufacture electrical wires and cables, 27 enterprises manufacture household appliances, and 32 enterprises manufacture power transformers and other electrical products.

The Development Strategy of New Uzbekistan for 2022-2026 aimed to increase industrial production by 1.4 times by 2026, including doubling the production of high value-added products in the electrical engineering industry and tripling exports.

The Uzbekistan-2030 Strategy, adopted in September 2023, will ensure the achievement of all the goals outlined in the Development Strategy of New Uzbekistan. It also sets the task of increasing copper processing in the electrical engineering industry to 300,000 tons per year and raising the localization level of manufactured products to an average of 65%.

Therefore, Uzbekistan pays special attention to the development of technologically advanced industries, including electrical engineering, and provides state support.

Over the past seven years, the President of Uzbekistan has adopted several legislative acts providing customs and tax benefits to enterprises in the electrical engineering industry, as well as subsidies to cover transportation and other expenses.

Specifically, until January 1, 2027, enterprises in the electrical engineering industry have received a 50% reduction in profit and property taxes. Additionally, benefits for exemption from customs duties on imported raw materials, components, and equipment for their own production needs have been extended.

Furthermore, several programs have been approved for the implementation of investment projects in the electrical engineering industry, focusing on technical and technological upgrades of existing facilities and the creation of new production lines.

Due to these measures, over the past 7 years, the volume of attracted investments in the industry has amounted to $935 million, of which about $400 million are foreign direct investments.

Additionally, more than 260 new investment projects worth over $800 million have been launched, including 50 cable production projects worth $120 million, 115 household appliance projects worth $380 million, 40 power equipment projects worth $60 million, and 58 other electrical engineering projects worth $250 million.

As a result, over 13,000 new jobs have been created, bringing the total number of jobs in the industry to 35,000.

As a result of implementing investment projects for modernizing and creating new production facilities, the production of new types of electrical engineering products has been mastered, particularly household appliances (washing machines, electric stoves, vacuum cleaners, hoods, water heaters, new models of refrigerators and washing machines under the Samsung brand, SMART HD TVs, built-in hobs and gas stoves, etc.); industrial air conditioners; new types of electrical cables (high and low voltage, used in solar energy systems, household appliances, as well as self-supporting insulated cables); dry transformers; electronics (monoblocks, SIM cards, electronic boards for household appliances); smart meters for electricity, gas, and water consumption; parts for solar panels and renewable energy stations; elevators and escalators; water pumps, etc.

Overall, from 2017 to 2023, the production volume of the electrical engineering industry increased 7.1 times to $1.98 billion, including a 5.5-fold increase in wires, cables, and copper products to $792 million; an 8.2-fold increase in household appliances to $633 million; and a 9.3-fold increase in power and technical equipment to $567 million.

The contribution of the electrical engineering industry to the development of the economy is also growing, and although the share of the industry's value added in the economy is still less than 1%, it has grown 1.5 times in recent years.

The growth in the production of electrical engineering products has contributed to an increase in export volumes, which have grown 5.5 times to $1047 million over the specified period, including a 4-fold increase in wires, cables, and copper products to $576 million; a more than 10-fold increase in household appliances to $214 million; and a 12-fold increase in power equipment and other products to $257 million.

It should be noted that the significant growth (more than 10 times) in the export of household appliances occurred due to the creation of new production facilities in Uzbekistan by Artel Electronics. In particular, the export volume of refrigerators increased 15 times to $58 million, televisions 6 times to $52 million, electric stoves 4.5 times to $40 million, washing machines 5 times to $20 million, air conditioners 4 times to $15 million, etc.

Moreover, not only the geography of export countries has expanded, but also the range of electrical engineering products supplied to foreign markets. Currently, about 200 types of various electrical engineering products are exported to almost 70 countries. The number of exporting enterprises in the electrical engineering industry has grown to 100.

In January 2024, a Presidential Decree "On Additional Measures for Further Increasing the Production and Export Potential of the Electrical Engineering Industry" was adopted, outlining target indicators for the industry's development in the coming years.

Specifically, in 2024, the plan is to increase the volume of production by almost 30% to $2.6 billion, exports by 43% to $1.5 billion, and the volume of copper processing into finished products to 140,000 tons. In 2025, the goal is to increase production to $3.2 billion, exports to $2.0 billion, and copper processing to 160,000 tons.

To achieve these targets, the Program for Creating New Production Capacities and Diversifying Production in the Electrical Engineering Industry in 2024-2026 and Beyond has been approved. The program aims to implement a total of 294 investment projects worth over $4 billion in the coming years.

In conclusion, it should be noted that the necessary conditions have been created in Uzbekistan for enterprises in the electrical engineering industry to increase production volumes and expand the supply of their products to both domestic and foreign markets.

Therefore, goals have been set to increase exports not only to traditional but also to new markets. In particular, there are plans to increase the export of electrical engineering products to European markets, considering the GSP+ preferential trade regime granted to Uzbekistan, as well as to South Asian and Middle Eastern countries.

 

Yuri Kutbitdinov,

chief Research Officer of the Center for Economic Research and Reforms under the Administration of the President of the

Republic of Uzbekistan

 

Ensuring the true independence of the courts of Uzbekistan is a priority task of the ongoing reforms
Ensuring the true independence of the courts of Uzbekistan is a priority task of the ongoing reforms

As the most important task of judicial reform being implemented in the Republic of Uzbekistan, important work is being carried out to ensure constitutional human rights and freedoms, strengthening the authority of the judiciary, which is considered an important guarantee of effective protection of human rights and to ensure the true independence of the courts.

Also, further expansion of the population’s access to justice within the framework of the principle “New Uzbekistan - New Court” requires accelerating the reform of the judicial system and introducing advanced international standards into the field. We can also observe confirmation of this in the corresponding positions of our state in the ratings of international organizations. Thus, according to the results of the Rule of Law Index ranking for 2022 (worldjusticeproject.org), Uzbekistan took 78th place out of 140 countries with an indicator of 0.50 points, of which 75th place in terms of civil justice and 65th in terms of criminal justice.

The fact that the update of the Constitution on the basis of generally recognized principles and norms of international law is enshrined in the preface of the updated Constitution of the Republic of Uzbekistan is a clear expression of recognition of the supremacy of generally recognized international law.

Article 15 of the Constitution determines that international treaties of the Republic of Uzbekistan, along with generally recognized principles and norms of international law, are an integral part of the legal system of Uzbekistan. According to part four of this article, if an international treaty of Uzbekistan establishes rules other than those provided for by the law of the Republic of Uzbekistan, then the rules of the international treaty of the Republic of Uzbekistan are applied.

Article 17 of the Constitution especially emphasizes that the Republic of Uzbekistan is a full-fledged subject of international relations; it is established that international law is based on generally accepted principles and norms. The application by courts of generally accepted principles and norms of international law is permitted in cases where existing laws contradict these international principles and norms.

Article 11 of the Constitution states that the system of state power of Uzbekistan, which is considered a full-fledged subject of international relations, is based on the principles of separation of powers into legislative, executive and judicial. It should be especially noted here that in accordance with Article 131 of Chapter XXIII, dedicated to the judiciary, the judicial system and the procedure for the activities of courts in the Republic of Uzbekistan are determined by law; the creation of emergency courts is not allowed.

In accordance with Article 1 of the law “On Courts” in the new edition (2021), the judicial power in Uzbekistan operates independently of the legislative, executive powers, political parties, and other public associations. Judicial power is exercised only by the courts. It was established that no other bodies or persons have the right to assign powers to the judiciary.

Article 2 of this law defines the judicial system, which consists of the Constitutional Court of the Republic of Uzbekistan; Supreme Court of the Republic of Uzbekistan; military courts; Courts of the Republic of Karakalpakstan, regional and Tashkent city courts; Administrative Court of the Republic of Karakalpakstan, administrative courts of regions and the city of Tashkent; interdistrict, district, city courts for civil cases; district and city courts for criminal cases; interdistrict, district, city economic courts; interdistrict administrative courts. It has been established that in the Republic of Uzbekistan specialization of judges by category of cases can be carried out, but the creation of emergency courts is not allowed.

As noted in Article 4 of this law, the main tasks of the court are to protect the rights and freedoms of citizens, state and public interests, rights and legally protected interests of legal entities and individuals guaranteed by the Constitution and other laws, international treaties of Uzbekistan, as well as international acts on human rights entrepreneurs. The activities of the court are aimed at ensuring the rule of law, social justice, civil peace and harmony, that is, it indicates that it is implemented in accordance with international agreements and international human rights instruments.

It is worth noting that in recent years, important documents have been adopted to ensure the compliance of the judicial system of our country with generally recognized international standards. These include such important historical documents as decrees of the President of the Republic of Uzbekistan “On measures to further reform the judicial and legal system, strengthen guarantees of reliable protection of the rights and freedoms of citizens” (2016), “On measures to radically improve the structure and increase efficiency of the judicial system of the Republic of Uzbekistan" (2017), "On measures to further improve the judicial system and increase confidence in the judiciary" (2020), "On measures to radically improve the system of financing the activities of the judiciary" (2021), decrees of the President of the Republic of Uzbekistan dated January 28, 2022 “On the development strategy of the new Uzbekistan for 2022 - 2026”, Decree of the President of the Republic of Uzbekistan dated January 16, 2023 “On additional measures to further expand access to justice and increase efficiency of the courts."

The Decree of the President of Uzbekistan dated January 16, 2023 “On additional measures to further expand access to justice and increase the efficiency of the courts” provides for:

in order to ensure the effective use of resources involved in the implementation of judicial activities, on the basis of advanced foreign experience, transfer the powers to consider certain categories of civil, economic and administrative offenses to the relevant administrative bodies:

determine the procedure for completing cases of certain categories of criminal, civil, economic and administrative offenses in lower courts;

What is relevant is that issues such as reconciliation of parties in civil and economic cases, development of reasonable proposals for the widespread introduction of the institution of mediation are raised.

It is appropriate to recognize here that the main idea and provisions of the “Universal Declaration of Human Rights” have found their full expression in the updated Constitution of the Republic of Uzbekistan, which is considered the basis of our national legislation.

It is known that the “Universal Declaration of Human Rights” consists of a preamble and a total of 30 articles, and if all its provisions are sequentially considered, then one can note the consistency and consistency of the content with the provisions of the Constitution of the Republic of Uzbekistan on human rights. For example, you can notice the similarity between the contents of Article 3 of the “Universal Declaration of Human Rights”, which reads: “Every person has the right to life, liberty and security of person” and Article 25 of the Constitution of the Republic of Uzbekistan: “The right to life is the inalienable right of every person and is protected by law. Encroachment on human life is a grave crime.”

Also, the rule that “no one shall be subjected to torture or cruel, inhuman or degrading treatment or punishment” in Article 5 of the Declaration corresponds to the second paragraph of Article 26 of the Constitution of the Republic of Uzbekistan “No one shall be subjected to torture, violence, other cruel, inhuman or degrading treatment or punishment." One may also note the reflection of the provision of Article 9 of the Declaration that no one shall be arrested, detained or persecuted without cause in the second paragraph of Article 29 of our Constitution “No one shall be subjected to arrest, detention, detention, detention or other restriction freedom except on the basis of the law" and in the third paragraph - "When detained, a person must be explained in a language he understands his rights and the grounds for detention"

Article 10 of the Declaration enshrines the right of every person to demand an independent and impartial court and its reflection in international legal acts to which the Republic of Uzbekistan has acceded inspires confidence that only an independent court can protect the rights of every citizen through an impartial and open consideration of the case in court. In this regard, it should be noted that the reforms carried out on the basis of the Action Strategy for the Development of the Republic of Uzbekistan for 2017-2021, put forward at the initiative of the President of Uzbekistan Shavkat Mirziyoyev, taking into account international standards, laid the foundation for democratization and liberalization of the judicial and legal sphere, ensuring genuine independence of the judiciary, protection of the rights and legitimate interests of citizens.

In order to improve the judicial system and ensure the independence of the courts, one of the important steps was the creation of the Supreme Judicial Council of the Republic of Uzbekistan, the Supreme Court and the Higher Economic Court were merged, the activities of the Supreme Court were improved, the Economic Courts were reorganized into economic courts, 71 inter-district, district (city) economic courts were empowered to hear cases in the first instance. The first term of work as a judge is five years, then ten years and an indefinite term. The powers of the courts to independently resolve their financial, logistical and technical issues were withdrawn from the judiciary and transferred to the Supreme Court, which led to the independence of the courts from the executive authorities and ensuring their independence. The institution of returning a criminal case to the court for additional investigation was abolished, thereby putting an end to unnecessary censorship, and people were spared unnecessary confusion and nervousness. It was strictly established that a person’s guilt in committing a crime should be based only on evidence proven in court, that is, it was strictly forbidden to make decisions based on rumors and assumptions. In order to fully ensure fair justice, verify the legality, validity and fairness of court decisions, an audit authority was created.

One of the important problems of the judicial reform system is the new system for training qualified and mature judges and judicial staff. Increasing the population's trust in judicial institutions by the Supreme Council of Judges, ensuring the stability of justice and the rule of law, serves to transform the court literally into a “Fortress of Justice” and improve the level of justice.

The introduction of the institution of a plea agreement and its implementation in the criminal procedural legislation of our country is also an important factor in increasing the protection of human rights, freedoms and legitimate interests recognized in international law.

In accordance with the Decree of the President of Uzbekistan dated January 28, 2022 “On the new development strategy of Uzbekistan for 2022-2026”, about 300 laws were adopted in 2017-2021, more than 4 thousand resolutions of the President of the Republic of Uzbekistan aimed at fundamental reforming all spheres of state and public life in five priority areas of development of our country.

Shavkat Mirziyoyev, in his report dated December 7, 2019, “The supremacy of the Constitution and laws is the most important criterion for a legal democratic state and civil society,” dedicated to the 27th anniversary of the adoption of the Constitution of the Republic of Uzbekistan, especially noted “ensuring the true independence of the courts is our highest priority. We must not allow the courts to be influenced by certain officials. In this regard, it is necessary to strengthen responsibility for interference in court cases or pressure on the court.”

The issue of ensuring compliance of the judicial system of Uzbekistan with generally accepted international standards will continue to remain relevant. In addition, practical measures are ongoing to harmonize national legislation with international legal standards in the field of human rights. After all, constitutional reforms today require an approach to constitutional norms, which are the main legal criterion that determines the value of a person in the life of our society, taking into account modern realities and international legal standards.

 

Ayub Muhammadiev, professor of the Department of Civil Law Sciences of the University of Public Security of the Republik of Uzbekistan, doctor of Law

Uzbekistan's open and constructive foreign policy is based primarily on national interests
Uzbekistan's open and constructive foreign policy is based primarily on national interests

The text of the article is in Uzbek!

Three enterprises launched, twelve enterprises starting construction
Three enterprises launched, twelve enterprises starting construction

The second day of the visit of the Head of our state to Navoi region began with a joyful event. A ceremony dedicated to new projects was held with the participation of representatives of the public.

In recent years, entrepreneurship in Navoi region has been actively developing, and the interest of investors in the region continues to grow. In 2023 alone, the region produced more than 101 trillion soums worth of industrial products and exported $648 million. Foreign investments worth about $478 million were also absorbed, and the foreign trade turnover of the region amounted to about $1.3 billion. More than 300 foreign enterprises operate in the region, and their number will continue to increase.

Fifteen new projects were announced at the ceremony.

In particular, the projects on extraction and processing of oil shale in Kanimekh district, construction of a 300 megawatt solar photovoltaic station and a 75 megawatt electricity storage system in Karmana district, production of technical gases in Navoi city, processing of marble in Gazgan and granite in Zarafshan, extraction and enrichment of kaolin in Uchkuduk district, and production of fish feed in Khatyrchi district were launched. 

Enterprises were launched to produce potassium sulfate and sulfuric acid in Karmana district, cotton pulp in Navoi city, and granite processing in Nurata district.

The total cost of the 15 projects is $3.6 billion. More than 7 thousand jobs will be created.

President Shavkat Mirziyoyev pressed a symbolic button and gave start to the construction and operation of the new projects.

Environmental protection in Uzbekistan is an integral part of the sustainable development strategy and the country’s contribution to solving global problems
Environmental protection in Uzbekistan is an integral part of the sustainable development strategy and the country’s contribution to solving global problems

Uzbekistan, located in the heart of Central Asia, faces unique environmental challenges that require an integrated approach and strategic planning. In recent years, the country has been taking active steps to protect the environment by integrating sustainable development into national programs and projects. These efforts are not only aimed at improving the environmental situation in the country, but also make a significant contribution to solving global problems. Uzbekistan actively participates in global initiatives to combat climate change. The country ratified the Paris Agreement in 2016, committing to reducing greenhouse gas emissions and adapting to climate change.

Environmental policy issues play a key role on the agenda of the New Uzbekistan. Measures to transform the sphere of ecology and environmental protection to improve the activities of our ministry, actions to combat climate change and its consequences, a moratorium on tree cutting, the introduction of clean “green” energy, solid waste management, the development of “green” transport infrastructure, expansion networks of protected natural areas, measures to restore ecosystems and preserve biodiversity, combat desertification and drought, unify environmental legislation in accordance with international standards, supporting the introduction of modern information technologies, show positive trends.

One of the key aspects of Uzbekistan’s environmental strategy is the development of a “green economy”. The state program “Green Economy” for 2019-2030 is aimed at reducing the carbon footprint, increasing energy efficiency and developing renewable energy sources (RES).

Moreover, the government of Uzbekistan has set ambitious goals to increase the share of renewable energy sources in the country’s overall energy balance. As part of the Development Strategy “Uzbekistan - 2030” and subsequent plans. As President of Uzbekistan Shavkat Mirziyoyev stated at the third Tashkent International Investment Forum held in early may this year, our country strives to create more than 20 gigawatts of renewable energy capacity by 2030 and increase its share in the energy sector. balance up to 40 percent. These goals include the construction of new solar and wind power plants, as well as the modernization of existing energy infrastructure.

In 2019, the law “On Renewable Energy Sources” was adopted, which creates a legal basis for the development of the green energy sector. The law provides benefits and preferences for investors, which stimulates the attraction of both domestic and foreign investment.

The development of “green energy” in Uzbekistan is actively supported by international organizations and financial institutions. Cooperation with the International Renewable Energy Agency (IRENA), the World Bank, the Asian Development Bank and other structures plays an important role. Investments and technical support from these organizations contribute to the rapid implementation of innovative technologies and best practices in the field of renewable energy sources.

Just last year, together with the strategic partners of Uzbekistan - the companies Masdar, Gezhouba, China Energy”, large wind and solar power plants with a capacity of 1.4 gigawatts were launched. Also, together with ACWA Power, we began implementing a project for the production of “green” hydrogen.

Currently, work is underway on the implementation of 28 eight projects in this direction. It is noteworthy that these important projects are carried out exclusively through foreign direct investment on the basis of public-private partnerships.

Achieving global sustainable development goals is no less important for the country.

In Uzbekistan, in 2022, an updated Resolution of the Cabinet of Ministers “On additional measures to accelerate the implementation of National Goals and Objectives in the field of sustainable development for the period up to 2030” was adopted, which confirms Uzbekistan’s strong determination in achieving the global Agenda for the period up to 2030 year in a comprehensive partnership with all UN member countries to achieve sixteen national sustainable development goals.

The National Goals and Objectives in the field of sustainable development for the period until 2030, the Plan of Measures for the effective implementation of the National Goals and Objectives in the field of sustainable development for the period 2022–2026, as well as the National Development Strategies of Uzbekistan, approved by the Government of our country, serve the implementation of the Goals of Sustainable Development development.

The achieved results in implementing the national goals and objectives of Uzbekistan are generally approved and recognized by the international community.

The basic principle of the new Uzbekistan “In the name of the honor and dignity of man” is consonant with the UN principle on sustainable development “Leave no one behind”.

In the Interagency Ranking of Sustainable Development Goals published by the UN (SDR) in 2023, Uzbekistan took 69th place among 166 countries, increasing its ranking by 8 points.

The Voluntary National Reviews prepared in 2020 and 2023 on the implementation of the national Goals and objectives of sustainable development of Uzbekistan until 2023 were positively assessed by the UN.

Uzbekistan has achieved significant results on all Sustainable Development Goals, which were balanced and interconnected with the implementation of the “Strategy of Action for Five Priority Areas of Development of the Republic of Uzbekistan in 2017 - 2021”

An analysis of the current state of protected natural areas in Uzbekistan and current trends in this area shows that in recent years the number and area of protected natural areas in the country have been increasing. Reforms are being carried out in the forestry sector, as a result of which the amount of forest land in the country has noticeably increased.

In this context, the initiative of President Shavkat Mirziyoyev “Yashil makon” (“Green space”) has become a truly national project. The forest area in relation to the total land area of Uzbekistan has increased over 7 years from 8.3% to 8.7%. The share of protected areas increased 2.0 times.

Uzbekistan actively participates in international mechanisms for environmental protection and human development. Various initiatives are being implemented to preserve biodiversity, restore ecosystems in the Aral Sea region, protect the ozone layer and mitigate the effects of climate change, and waste management. There are also policies and programs aimed at ensuring people's access to healthy food and clean water. Uzbekistan cooperates with the European Union, its institutional bodies for environmental protection and sustainable development, as well as with individual states such as Germany, Finland, Turkey, and South Korea.

The country is a party to 14 international conventions, as well as more than 20 protocols, agreements and memoranda of understanding in the field of environmental protection and sustainable development.

Uzbekistan regularly takes an active part in the annual meetings of the UN Framework Convention on Climate Change. During the 27th meeting, held in 2022, the Uzbek delegation advocated consolidating efforts to achieve carbon neutrality, promoting renewable energy sources, climate change adaptation projects, combating desertification and land degradation, introducing water-saving technologies and other climate actions in Central Asia.

Another significant aspect was that the UN supported the initiative of President Shavkat Mirziyoyev to hold the first International Climate Forum in Samarkand in 2024, dedicated to climate change issues, which provides for a discussion of opportunities for international cooperation to reduce risks and threats in the Central Asian region and issues of attracting climate finance . During the 78th session of the UN General Assembly in September of this year. In New York, the President of Uzbekistan took the initiative to adopt the UN General Assembly resolution «Central Asia in the face of global climate threats: solidarity for common prosperity» and proposed discussing its main provisions at the Samarkand Forum.

Cooperation with the countries of Central Asia is critically important to address the many environmental challenges facing the region. Cooperation in this area contributes not only to improving the environmental situation, but also to strengthening regional stability and sustainable development.

Another significant aspect was that the UN supported the initiative of President Shavkat Mirziyoyev to hold the first International Climate Forum in Samarkand in 2024, dedicated to climate change issues, which provides for a discussion of opportunities for international cooperation to reduce risks and threats in the Central Asian region and issues of attracting climate finance . During the 78th session of the UN General Assembly in September of this year. In New York, the President of Uzbekistan took the initiative to adopt the UN General Assembly resolution “Central Asia in the face of global climate threats: solidarity for common prosperity” and proposed discussing its main provisions at the Samarkand Forum.

One of the most significant areas of cooperation between Uzbekistan and neighboring countries is water resources management. The transboundary rivers Amudarya and Syrdarya are vital for all countries in the region. Uzbekistan actively participates in international forums and initiatives aimed at the rational use of water resources and conflict prevention. Joint projects with Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan include modernizing irrigation systems, introducing water-saving technologies and improving water basin management.

The problem of the drying up of the Aral Sea is one of the most acute environmental disasters in the region. The Aral Sea region is of international importance. In the second half of the 20th century, the state of the Aral Sea entered a phase of instability. This period, caused by anthropogenic impact, is characterized by a decrease in the volume and flow of water, an increase in salinity, a decrease in fish biodiversity and other negative processes. The shrinking Aral Sea has a significant impact on the ecosystems of all neighboring countries, its critical situation extends directly to Turkmenistan, Kazakhstan and Uzbekistan, in particular to the Republic of Karakalpakstan, Khorezm, Bukhara and Navoi regions, and indirectly to Tajikistan and Kyrgyzstan.

Restoring the Aral Sea requires joint efforts of all coastal states. Uzbekistan actively cooperates with Kazakhstan within the framework of the International Fund for Saving the Aral Sea (IFAS), implementing projects on reforestation, improving water supply and combating dust storms. These measures not only help improve the environmental situation, but also help mitigate the socio-economic consequences of an environmental disaster.

Desertification and land degradation are a serious problem for the countries of Central Asia. Uzbekistan is actively participating in regional projects aimed at combating these phenomena. Collaborative efforts include planting shelterbelts, restoring pastures, improving land management and introducing sustainable agricultural practices. Cooperation with Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan allows for the exchange of best practices and technologies, which contributes to the effective fight against desertification.

Positive trends include the adoption of measures to increase the area of green space, a reduction in areas allocated for cotton and an increase in areas for growing vegetables, grains, fruits and fodder crops, as well as an increase in government support for the introduction of water-saving irrigation technologies.

Cooperation in the field of environmental education and knowledge exchange plays an important role in solving environmental problems in the region. Uzbekistan, together with neighboring countries, is implementing programs to increase environmental awareness of the population, train specialists and conduct joint research. This includes organizing conferences, seminars, training programs and exchanges of students and scientists. Such interaction contributes to the formation of a sustainable environmental culture and the training of qualified personnel to solve environmental problems.

Cooperation between Uzbekistan and the countries of Central Asia in the field of environmental protection is a key element of the regional sustainable development policy. Joint efforts to manage water resources, restore the Aral Sea, develop renewable energy sources, combat desertification and environmental education contribute not only to improving the environmental situation, but also to strengthening regional stability and prosperity. Uzbekistan continues to actively participate in international and regional initiatives aimed at solving common environmental problems, demonstrating its commitment to the principles of sustainable development and international cooperation.

In general, environmental protection in Uzbekistan is an integral part of the country’s sustainable development strategy. The measures taken to develop a green economy, combat climate change, protect water resources and promote sustainable agriculture not only improve the environmental situation in the country, but also make a significant contribution to solving global environmental problems. Uzbekistan demonstrates that an integrated and strategic approach to environmental protection can lead to a sustainable future, both nationally and globally.

Uzbekistan and Finland: Similar Approaches to Building Good-Neighborly Regional Relations
Uzbekistan and Finland: Similar Approaches to Building Good-Neighborly Regional Relations

In an era characterized by growing disunity among global powers, the strategies employed by so-called “middle” states in forging stable regional relations present promising solutions for achieving international peace and cooperation. Uzbekistan, a Central Asian nation situated at the heart of the historic Silk Road, and Finland, a Nordic state with a unique experience as a neutral border state during the Cold War, exemplify how a consistent commitment to dialogue can contribute to regional stability amidst the complexities of global relations.

Geographically separated, these countries have developed strikingly similar approaches to ensuring sustainable development, peace, and stability in their regions. They address key regional security challenges by strengthening multifaceted and mutually beneficial good-neighborly relations with their neighbors. Additionally, they engage in multilateral, long-term partnerships with interested countries and organizations.

While Uzbekistan and Finland have been shaped by different historical contexts, these experiences have contributed to the development of a shared diplomatic philosophy centered around stability, cooperation, sovereign equality, mutual respect, and multilateral interaction.

Central Asia, a region steeped in ancient history, has long been a cultural and historical hub. Centuries ago, it was a unified space where politics, economics, and culture intertwined seamlessly. As one of the cradles of human civilization, Central Asia boasts a rich tapestry of history and a vibrant cultural heritage that has shaped universal values. These values emphasize cooperation over confrontation, tolerance over imposition, and the belief that the well-being of neighbors is intrinsically linked to one’s own.

Since gaining independence in 1991, Uzbekistan has consistently championed a policy of regional interaction. This policy, which gained prominence under President Shavkat Mirziyoyev in 2016, became a cornerstone of Uzbekistan’s foreign policy. Tashkent’s “diplomatic offensive” to enhance intra-regional cooperation became one of the most significant policy changes that transformed relations in modern Central Asia.

Tashkent’s unprecedented focus on dialogue and building trust with neighboring states has transformed Uzbekistan into the primary organizer of cooperation in the region. It has advocated for the development of multilateral interaction mechanisms, spanning various domains such as water resource management, transport corridor expansion, industrial cooperation, border demarcation, and regional security.

The positive impact of these policy changes has reverberated throughout the entire region. After 2016, economic cooperation witnessed a remarkable surge, leading to a nearly doubling of the total GDP of Central Asian states from $273 billion to $520 billion. Trust and strengthened ties between countries have facilitated a 4.5-fold increase in intra-regional trade, soaring from $2.4 billion to $11 billion. Moreover, the number of tourists visiting the region has doubled, further boosting its appeal.

The collective openness and enhanced stability have become attractive factors for third countries, resulting in a significant increase in the region’s foreign trade. This growth has seen a remarkable rise of over 200 percent, from $112 billion to $253 billion.

Finland’s diplomatic traditions were shaped by its unique position at the crossroads of Eastern and Western “spheres of influence.” Its vulnerable geographical location drove its pursuit of interaction and stability.

Finland consistently advocates for strengthening friendly relations with all countries, particularly its neighbors, and fostering ties within Nordic cooperation structures like the Nordic Council, the Council of Ministers of the Nordic Countries, and the Nordic Investment Bank.

This approach is reflected in Finland’s active involvement in the OSCE with aims to enhance dialogue and trust.

Finland’s 2025 OSCE chairmanship, coinciding with the 50th anniversary of the Helsinki Final Act, holds symbolic significance. It exemplifies Finland’s commitment to building bridges, fostering dialogue, and cultivating trust, aligning with its dialogue-based foreign policy. Finnish diplomacy consistently emphasizes the importance of strengthening common positions and approaches among states, reflecting Finland’s consensus-oriented diplomatic style, which Uzbekistan shares as well.

It’s worth noting that both countries adhere to the same fundamental principles of international law. Respect for national sovereignty, non-interference in internal affairs, and the inviolability of borders serve as practical guidelines shaping Uzbekistan and Finland’s foreign policy, regional behavior, and international positioning.

Tashkent’s approaches to regional interaction resonate with Helsinki’s priorities for cooperation with the Nordic and Baltic countries. Uzbekistan’s efforts in resolving border disputes and collaborating on water resources in the region mirror Finland’s approach to peacebuilding and fostering cooperation.

Furthermore, both countries have established themselves as advocates of results-oriented cooperation. They are pragmatic architects of projects that create mutual benefits and strengthen regional stability and interregional connectivity.

Under the leadership of President Sh. Mirziyoyev, Uzbekistan is actively promoting the development of transport infrastructure within Central Asia and with neighboring regions, including the West, East, and South. For instance, the development of the “Middle Corridor” (Trans-Caspian International Transport Route) has led to a remarkable six-fold increase in cargo shipments along it over four years, from 2020 to 2024, reaching a substantial volume of 4.5 million tons. Tashkent is also actively involved in the construction of the China-Kyrgyzstan-Uzbekistan railway and is promoting connectivity between Central and South Asia.

Economic cooperation and environmental protection are additional pillars of Uzbekistan’s regional strategy. These aspects play a crucial role in Uzbekistan’s environmental programs, particularly in mitigating the consequences of the Aral Sea disaster.

Finland, following a similar pattern of project-oriented cooperation, has been an active participant in initiatives of the Nordic Council and the Barents Euro-Arctic Council. These initiatives encompass cross-border cooperation in environmental protection, innovation, and people-to-people contacts. Finland also promotes initiatives of the Trans-European Transport Network and Arctic connectivity.

Known for its leadership in environmental protection, Finland actively participates in cross-border economic projects with partners from the Nordic and Baltic countries.

Alongside their close cooperation with countries in their respective regions, Uzbekistan and Finland pursue a policy of strategic multilateralism. Both countries actively participate in various regional and global institutions, reflecting their shared views that modern challenges require collective responses. They believe that “middle powers” can exert effective influence through institutional engagement.

Since 2016, Uzbekistan has significantly increased its involvement in regional organizations, primarily the Shanghai Cooperation Organization (SCO), the Organization of Turkic States (OTS), and various United Nations bodies.

Additionally, the “Central Asia +” (C5+1) platform, now comprising over 10 partner countries and organizations, actively promotes interregional cooperation. Notably, the inaugural “Central Asia – European Union” summit held in April 2025 resulted in an agreement on “deep and comprehensive cooperation” between the two regions.

Finland’s international engagement, while having a longer history, also follows a similar pattern of active institutional participation. As a member of the European Union since 1995 and multiple international organizations, Finland maintains its traditional interactions with regional structures in Northern and Baltic Europe.

As the international landscape becomes increasingly intricate, Uzbekistan and Finland encounter similar challenges that test their historically established unique diplomatic approaches.

Uzbekistan faces the primary challenge of sustaining the momentum for deepening regional partnership and intensifying cooperation with external actors amidst escalating geopolitical tensions, environmental threats, and economic shocks.

From Uzbekistan’s perspective, responding to the changing geopolitical landscape and the economic transformation needs of Central Asia requires strengthened cooperation, both among Central Asian countries and between regions.

Finland’s challenge lies in finding a balance between its commitments within the EU and NATO and its traditional role as a mediator in building consensus and dialogue, particularly in organizations like the OSCE, where it continues to promote “strengthening dialogue and trust.”

Overall, Uzbekistan and Finland exemplify successful regional cooperation based on a consistent commitment to dialogue and interaction. Despite their distinct geographical and historical contexts, both countries have adopted similar foreign policy approaches focused on conflict prevention, institutional engagement, and pragmatic regionalism.

In an interconnected world characterized by great power rivalry, the diplomatic approaches of Uzbekistan and Finland serve as a reminder that sustainable security and prosperity are achieved through dialogue, cooperation, and practical collaboration, rather than diktat, isolation, or empty rhetoric.

And unsurprisingly, these foreign policy approaches positively impact the lives of their citizens. It’s not a coincidence that Finland consistently ranks as the “happiest country in the world” for the eighth consecutive year in the World Happiness Report. Similarly, Uzbekistan leads in the level of happiness among Central Asian countries in the same ranking.

Sharif Akhmedov,

Chief Researcher at the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan

Deputy Minister of Foreign Affairs of Uzbekistan and the Ambassador of Latvia discuss the practical aspects of expanding cooperation in the field of external labor migration
Deputy Minister of Foreign Affairs of Uzbekistan and the Ambassador of Latvia discuss the practical aspects of expanding cooperation in the field of external labor migration

TASHKENT, January 14. /Dunyo IA/. Deputy Minister of Foreign Affairs of Uzbekistan Olimjon Abdullaev held a meeting with the Ambassador of Latvia Reinis Trokša, reports Dunyo IA correspondent.

According to the MFA, the main agenda of the meeting was to discuss expanding cooperation in the field of external labor migration.

 

During the talks, the topics of organized labor migration of citizens of Uzbekistan to Latvia, simplification of the visa regime, creation of a legal framework in the field of labor migration and establishment of joint educational institutions and centers, as well as attracting specialists from Latvia to train potential labor migrants were discussed.

 

The parties noted the importance of strengthening cooperation between the relevant agencies of the two countries in protecting the rights of labor migrants and confirmed their readiness to further develop bilateral relations in the field of external labor migration.

Founder of BMB HOLDING: Supporting entrepreneurs in the process of building New Uzbekistan has become one of the main goals of the reforms of our Head of state
Founder of BMB HOLDING: Supporting entrepreneurs in the process of building New Uzbekistan has become one of the main goals of the reforms of our Head of state

In recent years, systematic work has been carried out to create a continuous chain of comprehensive support for the development of entrepreneurship in our country. As a result of the measures implemented and important decisions made over the last seven years, a new generation of entrepreneurs of New Uzbekistan has emerged.
In particular, BMB HOLDING is one of the major subjects of private entrepreneurship, playing an important role in the economic life of our country, and gaining strong positions not only in the domestic, but also in the international market.
On the eve of the 33rd anniversary of independence of the Republic of Uzbekistan, Dunyo information agency talked to Bekzod Mamatkulov, the founder of BMB HOLDING.
– Mr. Mamatkulov, in recent years BMB HOLDING has gained a great reputation not only in Uzbekistan, but also among the international business community. Today, the Holding effectively works in the areas of providing consulting services on investment projects, developing international business and trade relations, attracting foreign investments, export-import exchange, introducing innovative technologies, creating modern agro-industrial clusters. We would like to start our conversation with the organization of the Holding and the history of its development.
– After his election as President, Shavkat Mirziyoyev put on the agenda of our state’s policy such important issues as increasing economic potential, attracting investments and, most importantly, supporting entrepreneurs to bring the country to a new stage of development.
In this sense, the opportunities created for entrepreneurs have radically changed my life goals and made me want to test my potential in business.
We generated our first income through services. Developing business plans and providing consulting services was our first source of income. Later we bought land in Arnasay district of Jizzak region to implement our agricultural projects. We planted mung beans and peas as secondary crops here. The first attempts were successful. The agricultural products we grew gave better results than we expected. For the first time we were able to export our crops abroad. In particular, we started selling agricultural products to Pakistan, India and Afghanistan. Later, we had a plan to supply cotton and grain to the state on a contract basis, and we gradually expanded our financial capacity, making a profit from it.
In 2017, during the visit of the Head of state to Jizzakh region, our project to create a food cluster in Arnasay district was presented. At the meeting, the President emphasized that he would support us, like all businessmen, and expressed great confidence in us. Such attention and support of the President of the country gave us additional strength. After that, there was a desire to further expand our business activities, to test ourselves in new industries, to develop and implement joint projects with foreign partners.
In particular, in 2018, we were among the first to create the largest cotton cluster in the country. Thanks to the attention of the management and creation of favorable conditions for doing business, we created a cluster for growing medicinal plants, namely saffron. Later we organized a fruit and vegetable cluster. This big project, in turn, enabled us to set up a system of sorting, packing and deep processing of fruits and vegetables. Thus, having passed through various stages of business, our small project has now formed into BMB HOLDING. At present the Holding unites 30 enterprises. They employ more than six thousand people across the country.
– It is no secret that today the Holding realizes investment projects of international and national level. As an entrepreneur and a person who knows the business environment in foreign countries, how do you assess the investment environment in Uzbekistan? Are there aspects that do not satisfy you, are there factors that are obstacles for business?
– In the process of building New Uzbekistan, the creation of a favorable investment environment for entrepreneurs has become one of the main goals of the reforms of the Head of our state. The adoption by the President of Uzbekistan of a number of decrees and resolutions aimed at supporting entrepreneurs is yielding results today.
Improvement of tax legislation, creation of the possibility of free currency conversion, reforms in the sphere of private property and a number of other positive changes related to these spheres have played their important role, and entrepreneurs are now considered as the driving force of the country’s economy. In 2020-2022, despite the fact that the coronavirus pandemic worldwide had a large negative impact on the economies and the global investment environment, Uzbekistan’s economic growth rates remained stable and its investment attractiveness continued to grow.
The fact that the inflow of foreign investments into the country has increased significantly testifies to the confidence of international business in the economic reforms in our country. Active diversification of the economy is an important achievement that has opened new opportunities for investors in all sectors, starting with industry.
Now, if we talk about the factors that are obstacles for business, aspects that do not satisfy entrepreneurs, I will tell the truth openly: at the level of the government, reforms are being implemented very intensively, positive changes are taking place. But when you go to the lower level of the system, there are still cases of inattention and carelessness somewhere. I believe that such shortcomings will be eliminated.
– We know that BMB HOLDING is engaged in the production and export of a wide variety of agricultural products. In particular, the organization headed by you has achieved great success in saffron cultivation. Today saffron grown in Uzbekistan is becoming popular in many regions of the world. Tell me, when did you come up with the idea of establishing such a complex sphere as saffron cultivation in Uzbekistan and why did you choose this particular project?
– During President Shavkat Mirziyoyev’s visits to Kashkadarya region in 2017, the issue of cultivation of medicinal plants in mountainous and foothill regions, development of this sphere in our country and export of valuable medicinal plants to the world market was prioritized. The leader of our country also inquired why it is impossible to grow saffron in Uzbekistan despite all conditions, and gave a special instruction to develop this industry. During the President’s visit to Jizzakh region, we made a detailed presentation of our saffron cultivation project. Having familiarized himself with the project, the Head of state expressed his full support to it and instructed the responsible persons to implement the program as soon as possible.
However, it was not easy to realize this project at first. When implementing this business idea, first of all, we deeply studied the demand and supply in the domestic and foreign markets, opportunities and prospects for its implementation in the conditions of Uzbekistan, our own potential in this area, as well as a number of other factors. In 2020, we started to implement the project in pandemic conditions. At first, it took a lot of patience and hard work to find specialists, to bring saffron bulbs suitable for our climate from Europe and to get the desired harvest. In the first year we planted saffron bulbs on 55 hectares of land. The high demand for the harvest and the experience gained stimulated further development and expansion of the project. Today saffron is grown on 400 hectares of land. In the next three years, it is planned to increase the area of saffron plantations to 1,000 hectares and produce 20 tons of pure saffron products per year.
At the beginning of 2024, the product BMB Za’faron for the first time in our region received the USDA Organic certificate, an environmental certificate developed by the U.S. Department of Agriculture, which allowed Uzbek saffron to enter the American markets. After several years of in-depth analytical research, Uzbek saffron grown in the Bakhmal district received the appropriate permission to export to Chinese markets according to the conclusion of the Uzbek-Chinese interdepartmental commission.
– Indeed, a lot of experience in saffron cultivation has been accumulated in recent years. At the same time, what countries’ experience do you think should be studied and implemented in order to grow a competitive product that meets the requirements of international standards and markets?
– In agriculture, each product is grown using a specific method. Such countries as Italy, Austria, South Korea, USA, and Saudi Arabia have enough experience in saffron cultivation. Of course, we study the experience of countries with climatic conditions close to ours and exchange experience with industry experts. I can say that we have mobilized all possibilities to get more crops and export them abroad. The increase in exports, in turn, contributes to increasing the inflow of foreign currency into Uzbekistan and ensuring economic stability.
To bring our national products to the world market and increase their competitiveness, the most important factors are, first of all, quality, then price and, of course, matching production capacity to demand. We have taken these aspects into account in our work and projects, especially in saffron cultivation.
– In Uzbekistan, on the initiative of the Head of our state, an open dialog with entrepreneurs is held annually. Tell me, what impact do these efforts have on the activities of the Holding headed by you?
– It would not be an exaggeration to say that the adoption of a number of resolutions and decrees on creation of favorable business environment and healthy competition in our country, comprehensive support for entrepreneurs, further liberalization of tax policy have served to eliminate the problems that have arisen for many years and hindered the free activity of entrepreneurs.
Thanks to the political will of the President of Uzbekistan, the organizational and legal foundations for the development of the industry have been strengthened, and the attention to entrepreneurs has changed dramatically. Most importantly, all this has already started to yield positive results.
In addition, an open dialog between the President of the Republic of Uzbekistan and entrepreneurs has been established. In my opinion, there is no other country in the world that has such a format.
I can confidently say that the open communication of the Head of state with the business community, which has now become a tradition and is held annually, serves as an important factor in the formation of a new competitive class of entrepreneurs in New Uzbekistan.

I visit many countries for work. In particular, my friends-partners in Italy, Germany, the United States, Austria and other countries highly appreciate the annual dialog of the President of Uzbekistan with entrepreneurs. It is no secret that people look at us with envy when they see the personal attention of the Head of state to the development of business in our country. In fact, it is a great achievement for both sides — the President meets with businessmen, listens to their systemic problems, finds solutions and solves them. Therefore, today all businessmen are looking forward to meeting with the President. This meeting has also become an important forum for businessmen to assess their activities for the year and determine plans for the future. The speeches of our country’s leader at the meeting and important initiatives aimed at further development of the industry, removal of existing obstacles, provision of benefits to entrepreneurs serve as a program for further expansion of businessmen’s activities.
I would like to give an example based on my experience. Before dialoguing with the President, I note in my notebook the issues we face in our work. Listening to the President, I always get comprehensive answers to all my questions based on deep analysis.
– In August 2022, by the decree of the President of Uzbekistan, you were awarded the “Faol Tadbirkor” sign, and in 2023 — the “Dustlik” order. Recall those moments when your entrepreneurial activity was highly appreciated by the leadership of our country.
– Before answering, I have to say one thing. Before coming to business, I worked in state and public organizations for more than 15 years. I never received even a certificate of honor, let alone a state award. Today, the leader’s focus is on people who have sincerely worked for the development of our dear country — Uzbekistan. In recognition of our work, in 2022, I was awarded the “Faol Tadbirkor” sign. In 2023, I had the honor to receive the “Dustlik” Order from the esteemed President. These are not just awards given to me, they are recognition of the work of thousands of dedicated people working in the Holding’s system. Such a high appreciation gives our team more confidence and motivation, and gives us great strength to realize the goals we have set for ourselves.
– The direction of economic diplomacy is becoming increasingly important in attracting foreign investment to Uzbekistan, finding new partners and exporting national products abroad. In this regard, does the Holding, which you head, use the opportunities of diplomatic missions of our country in foreign countries? How satisfied are you with the work of our country's embassies in this direction?
– Frankly speaking, it used to be impossible to meet with diplomats. If you went abroad and wanted to meet with the Ambassador of our country, he would not accept businessmen. This is an open statement. The Ambassador only dealt with politics. Thanks very much to our President, he brought the diplomats’ attention to the economy as well. This, of course, has opened wonderful conditions and opportunities for entrepreneurs. Openness in this sphere, in turn, has become an important step for entrepreneurs in finding foreign partners and attracting investment.
Today, the diplomatic missions of Uzbekistan in foreign countries play a very important role in the activities of the Holding Company, and we feel their support at every stage of realization of our numerous projects. The introduction of the position of Advisor to the Ambassadors of Uzbekistan on economic issues has been very useful for us entrepreneurs. It should be noted that BMB HOLDING has established close relations of economic cooperation with embassies of foreign countries in Uzbekistan, in particular with diplomatic missions of Russia, China, USA and a number of European countries such as Poland, Austria and Latvia.
In a word, the role of diplomatic missions of Uzbekistan and foreign countries in our country is very important in effective realization of the company’s projects.
– Today BMB HOLDING operates in the field of cultivation and production of agricultural products. Our readers are also interested in the future plans of the Holding.
– Our plans for the near future are huge. In particular, the work on establishment of deep processing of agricultural and fruit and vegetable products, and the launching of textile factories in Syrdarya region is in full swing. We also want to implement projects in the field of medicine. Our first project in this direction will be the creation of a health center in Navoi region in 2025. Also, a chain of restaurants and hotels “Zafaron” will be launched in Tashkent city and Tashkent region.
Along with this, we plan to implement the project “Energy-efficient technologies and equipment for production, mining and processing of natural decorative stone” worth 50 million US dollars together with the organization Toksel Makina from Turkey.
– Our last question may be off-topic, but many people are also very interested in this area. We would like to ask about your projects in sports, especially in soccer. What are your goals in soccer and futsal? Also, please, provide information about BMB HOLDING brand ambassadors in the sphere of chess.
– This is an interesting question. BMB HOLDING considers the development of sports in our country, especially soccer and futsal, as one of the main directions of its activity. The Holding was one of the sponsors of Sogdiana soccer club in 2021 and Lokomotiv soccer club in 2022. Since 2023, our Holding has been one of the sponsors of the professional soccer league of Uzbekistan.
At the same time, the BMB PROFESSIONAL FUTSAL CLUB team started its activity in the system of the Holding. A number of famous local and Brazilian futsal players were invited to the team. For the last two years the team won the Cup of Uzbekistan and the Super Cup of Uzbekistan. Today the basis of our team is made up of futsal players playing in the national team of Uzbekistan on mini-football.
On June 30, on the occasion of Youth Day in Uzbekistan together with the Agency for Youth Affairs within the framework of the project of the brand ORRO ROSSO in Milan (this brand is currently the official partner of the Italian soccer club Milan and Monza) we organized a trip to our country of four famous former players of the soccer club Milan, world and European champions Dida, Sergino, Panucci and Zaccardo. I believe that the visit of famous soccer players to Uzbekistan has served to increase the interest and activity of our youth in sports.
As you know, the Futsal World Cup will be held in our country from September 14 to October 6 this year. BMB HOLDING as the main partner organization is preparing for this futsal holiday.
Besides, BMB HOLDING actively supports talented young chess players. Recognizing them as the face and ambassadors of the Holding, we call them brand ambassadors. In particular, FIDE Master of Sports Humoyun Bekmurodov won a silver medal at the X Chessable Sunway Sitges International Chess Festival 2023 held in Barcelona (Spain), and also won the Dubai Police Global Chess Challenge tournament held in Dubai (United Arab Emirates) on May 3-13 this year.
Another of our young chess players is Umida Omonova, a student of the International Chess School, world champion in blitz and rapid, FIDE Master of Sport, member of the Uzbekistan national team, holder of the state award named after Zulfiya, brand ambassador of BMB HOLDING. She also won the 18th round of the Uzbekistan Championship held in April this year.
Another thing is that BMB HOLDING mobilizes all its capabilities and potential in the direction of further prosperity of New Uzbekistan, which is being built under the leadership of the Head of state, improvement of welfare of our people and development of the Motherland.
- Thank you for taking the time to talk to us.
- Thank you.

Dunyo IA

In which sectors of the economy does Uzbekistan attract foreign investment
In which sectors of the economy does Uzbekistan attract foreign investment

The "Uzbekistan 2030" strategy aims to increase the country's gross domestic product to $160 billion and per capita income to $4,000. Achieving this goal solely through the domestic market is not possible; therefore, it is crucial to actively attract foreign investments and increase exports.
The Tashkent International Investment Forum plays a significant role in this effort. In May 2024, the third edition of the forum took place in Tashkent, becoming a significant event for the economy of Uzbekistan and the international investment community. The main objective of the forum was to enhance the inflow of foreign investments and promote economic cooperation between Uzbekistan and other countries.
The forum attracted business representatives, investors, government officials, and international organizations, facilitating dialogue and the signing of major investment agreements. In recent years, Uzbekistan has demonstrated significant growth in attracting investments, and the forum has been an important step in this direction.
In his welcoming speech, the head of state noted that Uzbekistan has attracted over $60 billion in foreign investments in recent years, with approximately $14 billion coming from international financial institutions. These investments have been directed towards social and infrastructure sectors.
The forum has gained incredible popularity, with over 2,500 participants from 93 countries, providing a platform for global dialogue and exchange of investment experiences.
It is important to highlight that the forum garnered attention from international media, with coverage from more than 110 foreign publications in 30 countries, including leading global media outlets such as CNN, Euronews, London Post, and Associated Press.
One of the key events of the forum was the presentation of regional energy projects (the construction of Kambarata-1 HPP and Yavan HPP) to foreign investors. The presentation involved the Prime Ministers of the Republic of Uzbekistan and the Kyrgyz Republic, emphasizing the importance of these projects for the entire region.
As a result of the Tashkent International Investment Forum, agreements were signed totaling $26.6 billion, indicating the high investment attractiveness of Uzbekistan and the success of the forum. For comparison, in 2022, 167 documents were signed at the forum, amounting to $11 billion, demonstrating a significant increase in investment interest in the country.
Specifically, agreements were reached on the implementation of the following major investment projects:
- Saudi Arabian company "Data Volt" will be involved in the construction of urban infrastructure in "New Tashkent" for $1 billion and will establish a "data processing center" based on green technologies for $3 billion.
- Saudi Arabian company "ACWA Power" will implement projects for the construction of a 5 GW wind power plant in the Republic of Karakalpakstan and the creation of 2 GW energy storage devices, with a total investment of $6.2 billion.
- UAE company "Amea Power" will carry out a project to build a 1000 MW wind power plant in the Republic of Karakalpakstan for $1.1 billion.
- "Saudi Tabrid" will undertake the modernization of the heating systems in Nukus, Fergana, and Kuvasay for $750 million.
- Egyptian company "Nile Sugar" will engage in sugar beet cultivation and sugar production in the Jizzakh region for $500 million.
- Chinese company "Shanghai Knud International" will implement a project for the production of textile and sewing products in the Namangan region for $205 million.
- "Wilmar International" (Singapore) will produce food products and confectionery in the Tashkent region for $200 million.
Additionally, agreements were reached with several major global companies, such as "Orascom Investment" (Egypt), "Bonafarm Grup" (Hungary), "Sayar" (USA), "Goldwind," "Sinoma" (China), "Sam Yapi" (Türkiye), "Pasha Development" (Azerbaijan), "Lasselsberger" (Austria), and "Petrosat Chexelsoton" (Iran), for the implementation of new investment projects totaling $6.6 billion.
The event included a rich program of panel sessions, discussions, business breakfasts, and roundtable discussions, focusing on key aspects of economic development. The central theme revolved around the role of the state, investors, and entrepreneurs in supporting small and medium-sized businesses.
During the session on combating corruption, experts emphasized that effective anti-corruption measures are crucial for improving the investment climate. They highlighted that creating a safe and transparent business environment plays a vital role in this process.
"The successful fight against corruption requires a comprehensive approach, including strengthening legislation and increasing the transparency of government actions," stated Akmal Burkhanov, Director of the Anti-Corruption Agency of the Republic of Uzbekistan.
The session on retail trade identified the main challenges and opportunities in the industry. Participants expressed the need for improving tax legislation and simplifying import procedures. They also emphasized the importance of creating conditions for successful adaptation of new brands in the market.
"Thanks to the resolution on reducing customs duties, we have managed to establish fair prices, as in the UK and Kazakhstan," shared Ilya Lyapustin, Sales and Marketing Director of "Tashkent City Mall."
During the business breakfast dedicated to women entrepreneurship, the significant impact of women entrepreneurs on society was emphasized. Speakers presented inspiring examples and strategies for achieving a balance between profitability and social responsibility.
Special attention was given to attracting foreign investments through residency programs.
"In recent years, Uzbekistan has proven itself as an attractive destination for global investors due to its openness to cooperation and prospects in the real estate sector," stated Akram Mukhamatkulov, representative of Henley & Partners.
The roundtable discussion on "Supply Chains and Resilience: Finding Balance in Uncertain Times" addressed the problems and strategies for ensuring the resilience of global supply chains.
"Turkey and Uzbekistan have a strategic partnership, and we can significantly strengthen cooperation by working together," noted Deputy Minister of Trade of Turkey, Sezai Ucharmak.
Experts also emphasized the importance of integrating digital technologies into investment strategies. They highlighted that digitization is not just the future but already a reality, playing a key role in accelerating investment processes and increasing transparency.
The pitch session "IT-PARK Uzbekistan: New Perspectives for Development" presented plans to transform Uzbekistan into a regional hub for information technology by 2030.
Sherzod Shermatov, Minister of Digital Technologies of Uzbekistan, highlighted the significance of recent investments. "Yesterday, we witnessed an important event - the start of the construction of the $5 billion green data center, Data Volt, a major project of direct foreign investment. We are creating a favorable environment for IT companies and launching the 'Zero Risk' program to cover all risks associated with opening and operating offices in Uzbekistan," he noted.
The roundtable discussion on "Connectivity: Reviving the Great Silk Road" brought together international experts and representatives of government bodies to explore opportunities for expanding connections, economic cooperation, and cultural exchange along the ancient Silk Road routes.
The roundtable discussion on "Integrated Urban Planning: Quality Investments, Environmental and Human Comfort" involved leading urban planners, architects, and business representatives discussing approaches to the development of the city of Tashkent. In particular, Vladislav Butenko, Managing Director and Senior Partner at BCG, emphasized the importance of integrating innovative solutions into urban planning to achieve sustainable city development. He stressed the need to consider both economic and social aspects in comprehensive planning, ensuring a balance between them.
The forum played a significant role in attracting investments for various ministries and regions of Uzbekistan. The signed agreements indicate the development of key sectors such as industry, energy, pharmaceuticals, and automotive manufacturing.
One of the major achievements of the forum was the agreement between the Ministry of Digital Technologies, the Ministry of Energy, and IT company Data Volt on the construction of a data center based on green technologies. Experts highlighted the importance of such projects for Uzbekistan. The signing ceremony was attended by Laziz Kudratov, Minister of Investment, Industry, and Trade, and Rajit Nanda, Director of Data Volt.
The third Tashkent International Investment Forum has concluded, but the planned initiatives and signed agreements promise active work in attracting investments and ensuring sustainable development. Uzbekistan has once again confirmed its role as a strategic partner on the international stage, attracting the attention of global investors and contributing to the economic growth of the region.

Tengiz Asanov,
Deputy Head of the Department of the Ministry of Investment, Industry and Trade of Uzbekistan

To the participants of the joint conference of the International Federation of Textile Manufacturers and the International Association of Apparel Manufacturers
To the participants of the joint conference of the International Federation of Textile Manufacturers and the International Association of Apparel Manufacturers

Dear participants of the conference!

Ladies and gentlemen!

First of all, from the bottom of my heart, I sincerely congratulate you, my dear ones, on the opening of today's prestigious event - the joint conference of the International Textile Federation and the International Association of Apparel Manufacturers.

I would like to express my special gratitude to the President of the International Federation of Textile Manufacturers Mr. Kei Vi Srinavasan and President of the International Association of Apparel Manufacturers Mr. Chem Altan for the fact that this joint conference is being held in Uzbekistan for the first time.

At the same time, I express my sincere gratitude to the high-ranking representatives of the industry, heads of prestigious international and regional organizations participating in this conference.

Welcome to the pearl of the ancient Great Silk Road, the land of craftsmen - the majestic city of Samarkand!

Dear participants of the conference!

In recent years we have taken decisive steps to radically improve the investment and business environment, create favorable conditions for foreign and domestic investors.

As in all spheres and sectors, we have been implementing large-scale reforms in the textile and garment industries.

First of all, the state monopoly in cotton cultivation has been abolished, and a cluster system has been created and is being consistently improved, covering the entire process from raw material procurement to the production of finished goods.

Our reforms in this area have won the recognition of prestigious international organizations, and the boycott of Uzbek cotton has been lifted. Our cooperation with the international coalition “Cotton Campaign” continues in this direction.

At the same time, as a result of creating a stable legislative framework, improving the investment environment and introducing new technologies, the volume of cotton fiber processing increased from 40 percent in 2017 to 100 percent. At the same time, the work on import of cotton raw materials and production of finished products with high added value began.

Thanks to the opportunities created in the sphere, the volume of textile production has increased 5 times, its export - 4 times.

The most important thing is that earlier a significant part, i.e. 70 percent of exports in the sector, was accounted for raw materials, while today 60 percent of exported goods are finished products.

In the first years of reforms, we identified as a priority task the development of human capital, training of the population, especially young people and women, in professions, training of qualified personnel for all sectors, and these issues will continue to be in the center of our attention.

Decent working conditions that meet international requirements are created for the employees of enterprises, and the “Better Work” and “Better Cotton” programs are systematically implemented.

Particular attention is paid to ensuring labor rights and providing full support to over 600,000 workers.

At the same time, decisive measures are taken to create national brands, attract prestigious international and foreign trademarks to our country.

Authoritative participants of the world market, such as “Teamdress” (Germany), “Cotonella” (Italy), “Indorama” (Singapore), “Posco International” and “Gwangyang” (South Korea) are effectively operating in the country.

Uzbekistan's textile industry is being actively integrated into global production processes, and the number of our reliable partners on all continents of the world is increasing.

It should be noted that long-term cooperation with foreign investors and international brands, increasing production of high value-added products, bringing national brands to the international level will remain our priorities in the textile industry in the future.

I am convinced that today's conference will serve as an effective platform for further strengthening and expanding cooperation in this area on an international scale, sharing best practices and ideas.

I hope it will contribute to further expansion of mutually beneficial cooperation between representatives of more than 500 national and international organizations, manufacturers and retailers participating in the conference, and will bring the development of the industry to a qualitatively new level.

We highly appreciate and support all mutually beneficial initiatives of our foreign partners. In particular, we are ready to provide all possible assistance in introducing the necessary standards for international brands to enter Uzbekistan.

We are ready to create all necessary conditions for prestigious international organizations to regularly hold conferences, exhibitions and fashion shows in our country, particularly in such cities as Bukhara, Khiva, Shakhrisabz, Margilan, Kokand, Namangan, Andijan, which have high tourism and industrial potential.

I am confident that the ancient history, rich cultural heritage of our country, meetings with our hard-working and generous people will make an indelible impression on you, and the huge socio-economic potential of our regions will encourage investors to implement new projects.

I congratulate you once again on the opening of the prestigious conference that is starting today and wish you all good health, happiness and prosperity, success in the fruitful work of the conference.


Shavkat Mirziyoyev,

President of the Republic of Uzbekistan

Festive greetings to the youth of Uzbekistan
Festive greetings to the youth of Uzbekistan

Dear young men and women!

Sincerely, from the bottom of my heart, I congratulate you on this wonderful holiday celebrated in our country - Youth Day.

We rely on all our people, including you - courageous and purposeful young men and women - to achieve the lofty goals of building a new Uzbekistan. Therefore, ensuring the rights and interests of young people, raising the younger generation as harmoniously developed individuals is in the center of our attention as one of the priority directions of the state policy.

In recent years, our country has created a unique vertical management system in work with young people. It makes it possible to solve many issues of youth related to training, employment, meaningful leisure and social support through youth leaders - representatives of the President in the mahallas - at the lower level.

Our young men and women are experiencing in their lives the real results of the large-scale work carried out on the basis of the "Youth Notebook" and the "Youth Balance" platform.

Thanks to the introduction of a new system that promotes the increase of youth income through allocation of land plots, this year alone, based on the recommendations of the "Makhalla Seven" 156 thousand young men and girls were given 60 thousand hectares of land on lease for a period of 30 years, which was an important step in this direction.

All of us, undoubtedly, are happy that young people effectively use the created opportunities and achieve great success in different spheres. At the prestigious international Olympiads in mathematics, chemistry, biology, physics and informatics in the past academic year alone, 55 of our schoolchildren won 8 gold, 15 silver, 32 bronze medals, 383 were awarded the Grand Prix and 1,359 were awarded 1st place in prestigious international competitions in the field of culture and art.

We experienced great joy and pride when at the recent Asian Football Cup in Qatar, Uzbekistan's Olympic team won a ticket to the Olympics for the first time in the country's history.

Such are our talented, educated and courageous young people! These young men and women are worthy representatives of the New Uzbekistan, our priceless wealth and golden fund.

My dear young friends!

The colossal work carried out in Uzbekistan in the field of youth policy is now being recognized in the global arena. Thus, last year, according to the Youth Development Index, Uzbekistan was recognized as one of the fastest developing countries in the field of youth policy. Also, Uzbekistan was included by the UN among 10 countries of the world on the exemplary realization of the "Youth Strategy - 2030". In 2022 the city of Bukhara was declared the Youth Capital of the Turkic World, and in 2024 our city of Tashkent became the first youth capital of the Commonwealth of Independent States.

It will be right to say that the World Youth Festival, which is taking place in our country for the first time these days, is another vivid confirmation of Uzbekistan's high recognition. More than 700 young men and women from 92 countries, heads and officials of more than 20 authoritative international organizations, ministries and departments of foreign countries are taking part in this forum. Most importantly, our youth are gaining more and more friends and partners around the world, their opportunities in gaining knowledge and professions, participating in global dialog and cooperation are expanding.

Dear young men and women!

A nation and state in which children are talented, educated, confident in their abilities and potential, eager to learn new things, will undoubtedly have a wonderful future. We will mobilize all our capabilities to nurture such youth of Uzbekistan.

Always remember, if you cherish your every moment, live with creativity and creation, love your Motherland without limits, you will surely reach high milestones.

I once again congratulate you all on today's holiday, wish you health, happiness and success on the way to your goals.



Shavkat Mirziyoyev,
President of the Republic of Uzbekistan

Gender policy in Uzbekistan – an important criterion for ensuring human rights
Gender policy in Uzbekistan – an important criterion for ensuring human rights

The main feature of a democratic society is the protection of human rights and the provision of equal opportunities for all in public life and administration. Gender equality is an essential component of this, as it ensures equal protection of rights and freedoms for individuals.

The Constitution of Uzbekistan states that all citizens enjoy equal rights and freedoms, regardless of gender, race, nationality, language, religion, beliefs, social origin or social status. Article 58 states that men and women have equal rights, and the state provides equal opportunities for both genders in managing society and state affairs.

These principles of equality and social justice are reflected in all laws and regulations, ensuring that everyone has equal access to opportunities and rights. This includes gender equality, which is essential for a fair and just society.

It should be noted that, in recent years, more than 40 legislative documents and important conceptual programs have been adopted within the framework of which efforts have been made to create equal rights and opportunities for women and men, strengthen the role of women in government and community leadership, provide necessary conditions for education, vocational training, employment, and create decent working conditions. These efforts also aim to increase women's participation in economic life and protect them against various forms of harassment and violence.

In particular, the law “On guarantees of equal rights and opportunities for women and men” provides for the prevention of gender discrimination and the provision of equal participation for all in public administration. The Law on Protection of Women from Harassment and Violence establishes mechanisms to end various forms of violence against women and to provide protection and assistance to victims.

The “Strategy for achieving gender equality in Uzbekistan until 2030” approved by the decision of the Senate of the Oliy Majlis of the Republic of Uzbekistan on May 28, 2021, envisages a comprehensive approach to the implementation of the principle of equality between women and men in all spheres and levels of decision-making and implementation. Also, the strategy serves to ensure the promotion of gender equality in economic, political, and social life in order to create conditions for the realization of equal rights and opportunities for men and women and to observe fundamental human rights.

Due to this, gender policy in our country has become an important factor in society and state development. Concepts such as “gender equality”, “gender and development”, “gender balance”, and “the role of women in social and political life” are expressed in the development of program documents and all normative legal documents in our country.

In practice, the results are even more significant. In particular, the reason for the gender policy is that in the last seven years, the share of women in public administration in Uzbekistan has increased from 27% to 35%. In his speech at the 78th session of the United Nations General Assembly, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, summarized the systematic efforts to achieve gender equality in our country and noted that the share of women in public administration reached 35% for the first time.

Moreover, in our country, 32% of the deputies in the Legislative Chamber of the Oliy Majlis and 25% of the members of the Senate are women. The number of women entrepreneurs has doubled, and the number of women who have started their own business has exceeded 205 thousand. Hundreds of thousands of women were trained in trades and entrepreneurship. Among the population employed in health care and education, the share of women is 77 percent, in the economy and industry, it is 46 percent. The number of girls studying in higher education institutions has increased by six times; more than half of the students are women.

Uzbekistan has ratified the main international human rights treaties and conventions related to gender equality. Our country joined the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW) in 1995 and undertook to eliminate discrimination and ensure the full development and well-being of women. Uzbekistan has also ratified the Beijing Declaration and the Platform for Action, which set strategic goals for achieving gender equality, and has been effectively fulfilling the relevant obligations.

Therefore, the systematic measures taken in this regard are duly recognized by the international community. In particular, in the World Bank index, Uzbekistan was listed among the 5 fastest developing countries in the world in the field of gender equality.

In addition, Uzbekistan ranked 18th out of 195 countries with a score of
69.7 in the “Open Data Watch” organization's Open Gender Data Index, and was ranked among the “Top-20”.

In the policy of ensuring gender equality in the public service, increasing the weight of women in public administration, in particular, issues of forming a team of potential female leaders are of priority.

It should be noted that after the introduction of open competitions by the Public Service Development Agency, practically the same requirements were set for everyone. The human factor between the employer, personnel department representatives, and candidates was limited. Equal opportunities are guaranteed for all.

This, of course, further expanded the opportunities for women to enter the civil service. If we base our opinion on the numbers, earlier women made up
5-8 percent of those who entered the civil service, now women make up about
34 percent of the winners of the competition.

To be more specific, 2.1 million applications have been received in open competitions to date, of which 20% are women. 56,500 of our citizens won these contests, and 19,670 of them (35 percent) were women.

The first direction of ensuring gender equality in the personnel policy is to attract the most potential women to the civil service, to increase the attractiveness of the civil service for them, and the second major direction is to hire highly skilled people in the management of the civil service – “HiPo” (High potential) is to systematically prepare female personnel for leadership positions and to form a corps of “Women leaders”.

According to many sociologists, a professional leader is a person who has certain characteristics for successful management, regardless of gender. For effective management, it is not the role of the leader in gender relations, but the presence of professional competences such as the ability to correctly set priorities in solving the problem, to direct the team, and to fully achieve the goals based on the rational distribution of resources, is considered important.

However, due to the problem of vertical segregation, the low proportion of women in high-ranking positions, and the problem of the “glass ceiling”—invisible barriers to advancement our women have to work in more middle and senior management positions. As a reason for such a situation, we can point out the high responsibility of leadership, and for this reason, the professional qualifications, knowledge, and potential of women are not in accordance with the relevant leadership position.

In order to form specialists into good leaders, it is necessary to develop the necessary soft skills in effective work with personnel and making optimal decisions in management, development of human resources, innovation, critical and systematic thinking, and leadership competencies.

Therefore, our agency, in cooperation with the Family and Women's Committee and the Academy of Public Administration, launched the “Women's School of Leaders” educational program aimed at preparing the most potential women working in state bodies for leadership.

Until now, on the basis of this program, he has a high professional potential, is active in the implementation of reforms, and is active in various fields of public administration. The qualification of 145 women was improved.

At this point, it should be noted that by the Decree of the President of the Republic of Uzbekistan No. PF-81 dated March 1, 2022, the position of women activists was introduced in every neighborhood in all cities, towns, villages, and towns. In turn, through this, the President created a practical school for the formation of women leaders. Currently, there are about 9,400 women activists at the lower level, and 207 women are working as deputy governors, heads of family, and women's departments at the middle level.

Those who have achieved the highest results according to the KPI system by the State Service Development Agency are included in the National Personnel Reserve and are purposefully prepared for senior leadership positions.

As a result of the above-summarized measures implemented on the basis of today's gender equality policy, a unique national model of preparing women for leadership is being formed in our country.

In conclusion, a strong legal basis for gender equality policy has been formed in our country, and as a result of the full and correct implementation of these norms in life, we are making progress recognized by the international community. On this basis, it can be noted that gender policy in Uzbekistan serves as an important criterion for ensuring human rights.

 

Dilfuza Makhkamova,

Head of the Department of the Agency for the Development of Public Service under the President of the Republic of Uzbekistan

Farangiz Avazbekova,

Chief Inspector of the Agency for the Development of Public Service

under the President of the Republic of Uzbekistan;

Doctor of Philosophy (PhD) in Law


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