The text of the article is in Uzbek language!

Today, a new and ambitious strategic direction is emerging on the global energy map. The strategic partnership established between Uzbekistan, Kazakhstan, and Azerbaijan is a historic step that serves not only to strengthen regional energy security but also to elevate the global "green" transformation to a new level. At the heart of this ambitious initiative lies, first and foremost, the mutual trust, strong friendship, and high responsibility of the leaders of the three brotherly states toward future generations.

Uzbekistan's Green Development Strategy

In recent years, large-scale and intensive reforms on the use of renewable energy sources have been implemented in Uzbekistan. To date, 15 solar and 5 wind power plants with a total capacity of 5,582 MW have been commissioned in various regions of the country, producing "green" energy for the country's population and economy. Notably, the capacity of solar photovoltaic plants is 3,930 MW, and wind power plants are 1,652 MW. To ensure the stability of the energy supply, 12 additional energy storage systems with a total capacity of 1,545 MW were also commissioned.

Looking at the figures, in 2025 alone, solar and wind power plants managed to generate 10.5 billion kWh of electricity. From the beginning of 2026 to April 15, this figure exceeded 2.5 billion kWh, and the goal is to increase it to 15 billion kWh by the end of the year. By 2030, Uzbekistan will become a true "green" energy hub: the total capacity of solar and wind power plants will reach 21 GW, and 54% of the total electricity generated in the country will come from renewable sources. As a result, 18 billion cubic meters of natural gas will be saved annually, and the emission of 25 million tons of harmful gases into the atmosphere will be prevented.

Regional Solidarity: The Brothers' Strategic Choice

Relations with the countries of the region, especially with our close neighbor and strategic partner Kazakhstan, are of decisive importance in achieving such high milestones. During the recent visit of the President of the Republic of Kazakhstan Kassym-Jomart Tokayev to Uzbekistan, the leaders of the two countries outlined future priorities for the development of sectors, in particular, energy. These friendly relations guarantee the energy stability not only of the two countries but of the entire region.

Thanks to the far-sighted policy and friendship of the heads of state of the three countries—Uzbekistan, Kazakhstan, and Azerbaijan—the "Green Corridor" project is being implemented. This path, which began with a Memorandum of Understanding in May 2024, was further strengthened by the Strategic Partnership Agreement signed by the Presidents of the three countries at the COP-29 international summit in Baku in November of the same year. This historic document marked the beginning of a new era not only in energy production but also in the field of energy transmission.

"Green Corridor" - practical steps towards the future

The practical stages of the project are proceeding consistently. Within the framework of the founding agreement signed on December 27, 2024, the national operators of Uzbekistan, Kazakhstan, and Azerbaijan - JSC "National Electric Grid of Uzbekistan," JSC "KEGOC," and JSC "Azerenerji" - united for a common goal. Negotiations held in early 2025 in Tashkent with the participation of representatives from the Ministry of Energy of the Kingdom of Saudi Arabia once again proved the project's international prestige.

The establishment of the Green Corridor Alliance Limited Liability Company in Baku on July 1, 2025, laid the institutional foundation for the project. The world-renowned Italian company CESI has been involved in developing the project's feasibility study, which, according to the agreement signed with the Asian Development Bank, will be submitted by the beginning of 2027. Currently, specialists from the three countries, together with CESI, are working on a complete model (technical and economic basis) of the project.

In conclusion, this strategic partnership is not only an important pillar for exporting "green" energy to Europe but also for the transition of Central Asia and the Caspian region to a unified, environmentally friendly, and digital energy system. There is no doubt that the friendly will of the heads of state and the spirit of regional solidarity will make Uzbekistan one of the most reliable and major players in the global energy market in the future.

Ministry of Energy

of the Republic of Uzbekistan

In today's interconnected world, a country's attractiveness is measured not only by its economic potential or cultural heritage, but also by how safe people feel in their daily lives. Public safety has become one of the key factors influencing tourism, investment and international cooperation.

According to the Safety Perceptions Index 2023, published by the Institute for Economics & Peace (Vision of Humanity), Uzbekistan ranks first among 121 countries worldwide in perceived personal safety.

The index is based on data from the World Risk Poll and measures people's perception of safety in everyday life rather than official crime statistics.

This achievement reflects the effectiveness of Uzbekistan's ongoing reforms aimed at strengthening public security, modernizing infrastructure, expanding digital public services and pursuing a policy of openness.

Today, Uzbekistan continues to strengthen its position as one of Central Asia's most attractive destinations for tourism, investment and international partnership. Visa liberalization, improved connectivity, modern infrastructure and the country's renowned hospitality have created a welcoming environment for visitors from around the world.

International experts increasingly recognize that the perception of safety has become one of the most important factors shaping travel decisions. In this context, Uzbekistan's leading position in the Safety Perceptions Index 2023 reinforces the country's reputation as a reliable, secure and welcoming destination.

Combining the legacy of the ancient Silk Road with modern development, openness and social stability, Uzbekistan offers a unique environment where history, innovation and security come together.

Uzbekistan — a country of trust, stability and opportunity.

In October, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, will pay a state visit to the Kingdom of Belgium, during which important decisions are expected to be made that will mark a qualitatively new stage in relations between Uzbekistan and the European Union. In particular, the visit will feature the signing of the Agreement on Enhanced Partnership and Cooperation.

In recent years, Uzbekistan has been actively shaping a new framework of engagement with Europe – a key pillar of stability amid current geopolitical tensions and global economic uncertainty. The ties between Uzbekistan and European countries continue to grow, and the areas of cooperation are diversifying, supported by the ongoing reforms in Uzbekistan.

Building a New Chapter in Relations

After gaining independence, Uzbekistan’s relations with the European Union developed dynamically. A Memorandum of Understanding between the Government of Uzbekistan and the European Commission was signed in 1992, followed by the establishment of diplomatic relations in 1994. The foundation of cooperation was laid by the Partnership and Cooperation Agreement (PCA) signed in June 1996 and entering into force in 1999. However, at a certain stage, cooperation faced difficulties due to the insufficient pace of democratic reforms in Uzbekistan.

With the election of Shavkat Mirziyoyev as President, the situation changed dramatically. As early as 2017, during his visit to Tashkent, Stefano Manservisi, Director-General for International Cooperation and Development of the European Commission, stated that “the EU regards Uzbekistan as a strategic partner.” The sweeping democratic and economic reforms launched in Uzbekistan helped resolve within a short period many issues that had long remained unsolved. Forced labor was completely eradicated, and reforms in the cotton sector enabled the country to abandon raw cotton exports altogether.

As reforms advanced, the legal and institutional framework of relations with Europe expanded rapidly. While previously Uzbekistan and the EU granted each other most-favored-nation treatment under the PCA, in April 2021 the EU granted Uzbekistan GSP+ beneficiary status, and in 2022 the Enhanced Partnership and Cooperation Agreement (EPCA) was initialed.

Along with internal transformation, Uzbekistan’s foreign policy architecture also changed. Priority was given to closer cooperation with neighboring Central Asian states, as well as the active expansion of ties with European countries – a vector that has strengthened steadily in recent years.

Just in the past year, Uzbekistan established strategic partnership relations with France, Italy, and Slovakia, while discussions on expanding strategic cooperation with Hungary continued. President Mirziyoyev also visited Slovenia, and Italy’s Prime Minister and Bulgaria’s President visited Uzbekistan.

A milestone in strengthening relations between Uzbekistan and Europe, and between Europe and Central Asia as a whole – was the first EU–Central Asia Summit, held in Samarkand in April 2025 under the chairmanship of Shavkat Mirziyoyev. Uzbekistan presented a broad range of initiatives to create a new model of regional cooperation between Central Asia and Europe, including: a multilateral agreement on investment protection and promotion; the launch of a Central Asia–EU Joint Chamber of Commerce; the adoption of a regional support program for SMEs and women’s entrepreneurship; the establishment of an investment platform to promote regional projects in green energy, innovation, transport, infrastructure, and agriculture.

The Samarkand Summit was highly productive. A Joint Declaration was adopted, establishing a strategic partnership between the two regions in trade, transport, energy, digital connectivity, and water management. European Commission President Ursula von der Leyen announced that the EU had prepared a €12 billion investment package for Central Asia under the Global Gateway initiative.

The Trajectory of Economic Cooperation

Uzbekistan’s deep democratic transformations have significantly improved relations with European countries. Economic reforms have enhanced the competitiveness of Uzbekistan’s economy, stimulating investor confidence and growing interest from European businesses.

The results are impressive. Over the past 8 years, Uzbekistan’s GDP has doubled, reaching $115 billion in 2024. Since 2017, investment in fixed capital has totaled $240 billion, of which foreign investment exceeded $130 billion. The country’s foreign exchange reserves surpassed $48 billion for the first time in history. Structurally, the share of industry in the economy increased from 20% to 26%, and services from 44% to 47%. Labor productivity (GDP per employed person) rose by 45%.

As a result, opportunities for mutually beneficial cooperation between Uzbek and European businesses have expanded. Between 2017 and 2024, Uzbekistan’s trade with the EU increased 2.4 times to $6.4 billion; exports grew 3.6 times to $1.7 billion, and imports 2.2 times to $4.7 billion. In 2024, the EU’s share in Uzbekistan’s total trade turnover was 9.7%, in exports 6.3%, and in imports 12%. The EU ranked third among Uzbekistan’s trade partners, after China and Russia.

The EU’s share in Uzbekistan’s total exports increased from 3.8% to 6.3% over the same period. This growth was driven by Uzbekistan’s accession to the GSP+ preferential trade system, granting duty-free access to the EU market across roughly 6,200 tariff lines. The share of Uzbekistan’s exports benefiting from GSP+ reached 59%, with a preference utilization rate of 84%, indicating efficient use of trade benefits.

In 2024, Uzbekistan’s exports to the EU were dominated by chemical products (52.1%), as well as textiles, ferrous and non-ferrous metals, minerals, and food products. Among EU members, France accounted for 47.2% of exports, Lithuania for 10%, and Latvia for 6.9%.

Uzbekistan’s imports from the EU significantly exceeded exports – a reflection of the ongoing technological modernization of the national economy. Around 16% of Uzbekistan’s total imports of machinery, equipment, and transport vehicles come from EU countries.

Investment cooperation is also expanding rapidly. In 2024, foreign investments and loans from EU countries and their financial institutions increased by 77%, reaching $4.1 billion (compared to $2.3 billion in 2023). The most active investors were Germany ($1.37 billion), the Netherlands ($1.05 billion), Cyprus ($858.9 million), the Czech Republic ($137.8 million), Italy ($99.8 million), and Sweden ($97.5 million). Today, around 1,000 enterprises with EU capital operate in Uzbekistan, with a total project portfolio of €30 billion.

A special role in recent years belongs to the EBRD, of which Uzbekistan has become one of the largest beneficiaries. The Bank’s total investments in Uzbekistan’s economy exceeded €5 billion, including around €1 billion in 2024, primarily directed toward the private sector.

Reforms in Uzbekistan have become the key driver for unlocking the significant potential of trade and economic cooperation with the European Union.

Uzbekistan–Belgium

The upcoming visit will also focus on strengthening relations between Uzbekistan and Belgium. Diplomatic relations were established following the opening of the Embassy of Uzbekistan in Brussels in 1993. In 1996, the two countries signed an Agreement on avoidance of double taxation, and in 1998 – an Agreement on mutual protection and promotion of investments, which provide legal guarantees for investors in both states.

Business contacts have intensified in parallel with Uzbekistan’s reform agenda. The visits of 2019 and 2022 set the tone for cooperation in infrastructure, energy, and the digital economy. More important than the current trade volumes has been the recognition and support of Uzbekistan’s reforms by EU partners, laying the foundation for long-term engagement.

In 2024, bilateral trade amounted to $62.3 million, including $7.3 million in Uzbek exports and $55 million in imports. Investment cooperation is gaining momentum: several dozen companies with Belgian capital now operate in Uzbekistan, including wholly owned enterprises. New technologies are being localized, for example, Jaga Climate Designers is participating in a joint venture for heating and ventilation systems, and Picanol Group is localizing the assembly of high-tech textile machinery. Belgian brands Belcolade and Prefamac are exploring opportunities to launch chocolate production with subsequent localization.

Despite modest trade volumes, there is significant potential for expanding cooperation in several areas. Given Belgium’s leading role in pharmaceuticals and biomedical research and Uzbekistan’s growing pharmaceutical market, joint ventures or industrial clusters could be developed in this sector, involving companies such as UCB and Janssen Pharmaceutica.

There is also strong potential for joint fruit and vegetable processing projects in Uzbekistan, targeting exports to the EU via Belgian logistics hubs such as the Port of Antwerp and wholesale markets. Potential partners include Greenyard and Puratos. Direct seasonal exports of fresh fruits (e.g., grapes in autumn and winter), as well as dried vegetables, spices, and organic products, could also be expanded. In light industry, there is room to increase exports of ready-made knitwear and home textiles, provided European quality and safety standards are met. The market potential is evident – Belgium imported about $7.9 billion worth of clothing in 2024.

The main challenges remain logistics and standards. Belgium functions as a major EU maritime hub centered around Antwerp, while direct routes from Uzbekistan are still limited. The near-term priority should be pilot supply chains ensuring quality and traceability, the development of cold logistics, certification under EU technical and sanitary regulations, the use of Benelux consolidation hubs, and trade finance tools for SMEs. With the gradual development of new overland routes along the Middle Corridor, Uzbekistan will gain a stronger foothold in high value-added exports without higher costs or delivery delays.

Conclusion

Uzbekistan is entering a stage of deepened economic cooperation with the European Union. During the ongoing modernization and digital transformation of its economy, European investment, technology, education, and research experience can play a key role. At the same time, Uzbekistan seeks to expand exports of industrial goods as their quality improves.

Uzbekistan is also a rapidly growing market with a young and dynamic population, now reaching 38 million people – an 18% increase since 2017. Every year, around 700,000 economically active individuals enter the labor market, forming a substantial human resource base for the economy, including joint ventures.

As a result of poverty reduction policies, living standards and household incomes have risen significantly. Whereas a third of the population once lived below the poverty line, 7.5 million people have been lifted out of poverty, and the poverty rate declined to 8.9% in 2024, with plans to reduce it further to 6% this year. These policies not only address social challenges but also expand domestic demand, increasing the interest of European businesses in entering Uzbekistan’s market.

The further deepening of Uzbekistan’s economic engagement with the EU and Belgium is an objectively mutually beneficial process – one that will define the success of the upcoming state visit of President Shavkat Mirziyoyev to Belgium.

The agreements expected to be signed will help advance joint projects in sustainable energy and infrastructure, strengthen transport and technological connectivity between Central Asia and Europe, and position Europe as a key partner in Uzbekistan’s long-term growth and modernization trajectory.

 Obid Khakimov,  

Director of the Center for
Economic Research and Reforms

Uzbekistan continues to strengthen its position as one of the most active hubs of cooperation between Central and South Asia. Changes in the global trade architecture, the restructuring of supply chains, and the growing importance of regional markets are increasing the significance of the South Asian direction.

South Asia, home to one of the world's largest consumer markets, substantial industrial potential, and rapidly expanding investment activity, is emerging as one of the key centers of the global economy.

Against this backdrop, Uzbekistan’s cooperation with South Asian countries is increasingly taking on a practical economic dimension. This involves the creation of sustainable mechanisms for trade, investment, and institutional cooperation capable of generating new growth opportunities for the entire region. Afghanistan occupies a special place in this process, serving as a bridge between Central and South Asia.

A practical manifestation of this transformation was the first interregional forum, the Termez Dialogue, held in May 2025 at the International Trade Center “Termez.” The forum became one of the most significant steps in implementing Uzbekistan’s initiative to strengthen connectivity between Central and South Asia, previously enshrined in a dedicated UNGA Resolution.

Discussions focused on trade and economic cooperation, investment, energy, food security, climate resilience, and Afghanistan’s integration into regional processes. The forum’s particular significance lay in its effort to establish a long-term platform for cooperation based on economic interdependence, openness, and shared development.

The decision to hold the Termez Dialogue on a regular basis effectively laid the groundwork for institutionalizing a new format of cooperation, with Termez emerging as one of the new geoeconomic platforms for engagement with South Asian countries.

Uzbekistan’s Trade with South Asia

Today, Uzbekistan is among the most active countries in the region in expanding trade, economic, and investment cooperation with South Asia.

The strengthening of interregional connectivity has been accompanied by growth in trade turnover, investment interaction, and business activity, reflecting a transition from limited cross-border cooperation to a broader model of economic integration.

Over the past 9 years (2016–2025), trade between Uzbekistan and South Asian countries increased 3.2 times, reaching $3.5 bn. Uzbekistan’s exports to the region tripled to $2 bn, while imports increased 4.1 times to $1.5 bn.

The main categories of Uzbekistan’s exports to South Asia include food products worth $976.4 mn (48.1%), mineral oils – $368 mn (18.1%), transport services – $277.8 mn (13.7%), industrial goods – $140.5 mn (6.9%), and chemical products – $134.9 mn (6.6%).

The main import categories from South Asian countries include chemical products worth $477.6 mn (32.2%), food products – $391.4 mn (26.4%), machinery and equipment – $309.1 mn (20.8%), other products – $99 mn (6.7%), and finished products – $67 mn (4.5%).

In 2025, the largest share of trade with South Asia was accounted for by Afghanistan. The predominance of Uzbek exports made Afghanistan a highly beneficial trade and economic partner, ranking first among South Asian countries in terms of Uzbekistan’s trade turnover, which reached $1.7 bn, or 47.7% of total trade with the region.

Food exports to Afghanistan amounted to $712.7 mn, while Afghanistan accounted for 75.5% of Uzbekistan’s food exports to South Asia.

Trade and economic cooperation between Uzbekistan and India has also expanded significantly in recent years. India ranked second among South Asian trading partners, with bilateral trade reaching $1.3 bn in 2025 (37.5% of total trade with the region).

India ranked second among Uzbekistan’s South Asian trading partners, with bilateral trade reaching $1.3 bn in 2025, accounting for 37.5% of Uzbekistan’s total trade with the region.

Pakistan ranked third, with trade turnover amounting to $445.9 mn, or 12.7% of Uzbekistan’s total trade with South Asia. In 2025, Uzbekistan’s exports to Pakistan consisted of food products worth $260.2 mn, industrial goods worth $21.2 mn, services worth $30.1 mn, and non-food raw materials worth $13.2 mn.

Imports from Pakistan in 2025 included food products worth $56.2 mn, chemical products worth $45.3 mn, industrial goods worth $6.4 mn, and various finished products worth $5.2 mn.

Over the past 9 years, the volume of foreign direct investment and loans attracted from South Asian countries to Uzbekistan totaled $1.3 bn, including $510 mn in 2025 alone. The largest contributions came from India ($586.7 mn) and Afghanistan ($519.2 mn).

Termez as a Hub of Interregional Connectivity

Termez occupies a special place in the development of Uzbekistan’s cooperation with South Asian countries. Located at the crossroads of Central and South Asia, the city serves as a trade, investment, and humanitarian hub connecting the two regions.

Historically, Termez played an important role in the system of interregional relations, situated at the intersection of the largest trade and civilizational spaces of Eurasia. Owing to its strategic geographic location, Termez linked India, Afghanistan, and Central Asia as early as ancient times, while during the Timurid era it was one of the region’s prominent administrative, commercial, and scientific centers.

The city’s current stage of development reflects the gradual restoration of this historical role under new geoeconomic conditions.

Since 2016, the Termez Cargo Center international logistics hub has been operating in the city, strategically located at the intersection of Afghanistan, Tajikistan, and Turkmenistan. In recent years, it has become one of the largest channels for delivering humanitarian assistance to Afghanistan through the mechanisms of the United Nations World Food Programme (WFP) and the United Nations High Commissioner for Refugees (UNHCR).

An additional impetus to regional development came with the opening of the Airitom International Trade Center in 2024, located in close proximity to the Afghan border. Today, the center is gradually evolving not only into a trading platform but also into a comprehensive geoeconomic hub bringing together logistics, business, educational, and humanitarian initiatives.

The center hosts a free trade zone with simplified business conditions for companies from South Asian countries. A visa-free regime has been introduced, transactions in foreign currencies are permitted, and entrepreneurs from Afghanistan and Pakistan have been granted the opportunity to conduct business within the complex. At the same time, social infrastructure, including educational and healthcare facilities, continues to develop.

At present, the Airitom International Trade Center covers 36 hectares, includes more than 3,000 retail outlets, and provides approximately 5,500 jobs. Since its opening, the center has been visited by more than 440,000 people, while annual exports have reached $1.2 bn.

Termez is also home to an educational institution for Afghan citizens, and a workforce development system is being expanded to support growing interregional cooperation.

In practice, Termez is becoming one of the key centers of economic interaction between Central and South Asia. The development of trade infrastructure, logistics, humanitarian projects, and business activity is strengthening economic ties between the two regions and enhancing Uzbekistan’s role in promoting interregional cooperation.

Against this backdrop, the Termez Dialogue is gaining importance as a permanent platform for aligning the long-term interests of the countries of Central and South Asia. The upcoming forum creates opportunities for advancing joint initiatives in trade, investment, food security, water resources, and sustainable development.

At the same time, the regular format of the Dialogue contributes to the development of a more sustainable model of interregional engagement based on pragmatic cooperation, economic interdependence, and the expansion of practical cooperation mechanisms between the two regions.

A New Economic Architecture of Connectivity

The significance of the Termez Dialogue extends beyond the framework of a traditional international forum. It reflects a broader transformation taking place across Eurasia, where regional connectivity, resilient supply chains, and economic cooperation are becoming increasingly important drivers of growth and stability.

For Uzbekistan, strengthening ties with South Asia represents not only an opportunity to diversify trade and investment flows but also a strategic instrument for enhancing the country’s role as a bridge between major regional markets.

The growing interconnectedness of Central and South Asia creates new opportunities for expanding trade routes, attracting investment, developing transport and logistics infrastructure, and strengthening cooperation in energy, agriculture, education, and human capital development.

Afghanistan occupies a central place within this emerging framework. Its integration into regional economic processes has the potential to transform it from a source of geopolitical uncertainty into an important transit, trade, and economic partner linking the two regions.

The development of practical cooperation mechanisms through platforms such as the Termez Dialogue may therefore contribute not only to economic growth but also to greater regional stability and long-term prosperity.

Through initiatives aimed at strengthening interregional connectivity, Uzbekistan is consistently promoting a vision of cooperation based on openness, mutual benefit, and shared development.

The experience of recent years demonstrates that expanding economic ties between Central and South Asia is no longer merely a political aspiration but an increasingly tangible economic reality supported by growing trade, rising investment flows, and expanding business engagement.

The institutionalization of the Termez Dialogue provides an important mechanism for sustaining this momentum. By bringing together governments, businesses, international organizations, and experts, the forum creates conditions for identifying common interests and developing coordinated approaches to regional challenges.

The continued development of trade infrastructure, logistics corridors, investment cooperation, and humanitarian initiatives centered around Termez further strengthens the city’s role as a gateway between Central and South Asia.

In this regard, the Termez Dialogue is evolving into a long-term platform for shaping a new model of regional cooperation – one based not on competition but on economic complementarity, interdependence, and shared prosperity.

As connectivity between the two regions deepens, Termez is increasingly positioned not only as a geographical crossroads but also as a strategic center of economic interaction capable of facilitating sustainable development across a vast part of Eurasia.

Ziyoda Rizaeva,
Center for Economic Research and Reforms

President Shavkat Mirziyoyev was reported the current work and plans for 2025 in automotive industry.

The share of automotive industry in the country's industry is 10 percent. Over the past ten months, 338 thousand passenger cars were produced. Components of 1.4 thousand types were localized. Thanks to economic measures, the cost price in the industry decreased by 4 percent. Exports amounted to $455 million.

The chairman of “Uzautosanoat” JSC presented information on plans and future tasks.

Next year it’s planned to manufacture 450 thousand cars and elevate exports to $700 million. It’s planned to strengthen cooperation with regional enterprises and boost localization. In particular, 63 projects worth $325 million on developing production of 700 components will be implemented. 

As is known, together with “BYD” company an automotive plant was built in Jizzakh. Currently such automobiles as Chazor and Song Plus Champion are produced there. In the upcoming years the model range is planned to be expanded. At the second stage worth $300 million it’s planned to expand the share of electric cars’ production to 200 thousand per year, at the third – to 500 thousand.

The Head of our state instructed to consistently master the production of components and spare parts for electric cars in agreement with the Chinese partners. 

The task was set to form orders for local enterprises based on cooperation.

Despite the 6,000-kilometer distance between Tashkent and Tokyo, the official visit of President of Uzbekistan Shavkat Mirziyoyev to Japan on December 18-20 elevated Uzbek-Japanese relations to a qualitatively new level of expanded strategic partnership for future generations.

Uzbekistan’s relations with Japan have deep historical roots. For centuries, Samarkand served as one of the key centers of the Great Silk Road, while Nara, the ancient capital of Japan, was its eastern gateway. Trade and the exchange of knowledge along the Great Silk Road, including between Uzbekistan and Japan, played a significant role in the development of international commerce and cultural interaction, forming lasting cultural bridges between civilizations. Today, Samarkand and Nara are twin cities.

Since Uzbekistan gained independence, reliable and stable relations of mutually beneficial cooperation have developed between Uzbekistan and Japan. Since the establishment of diplomatic relations, Japan has been one of Uzbekistan’s key technological and investment partners.

Economic cooperation dynamics

The most dynamic growth in economic cooperation has taken place in recent years, following the launch of comprehensive economic reforms in Uzbekistan. The Japan External Trade Organization (JETRO), the Japan International Cooperation Agency (JICA), and the Japan Bank for International Cooperation (JBIC) play an important role in advancing Uzbek-Japanese economic cooperation.

Cooperation with JICA has, in recent years, reached the level of strategic partnership. The value of the project portfolio has exceeded $8 billion, and additional initiatives worth more than $3 billion are under consideration in areas such as healthcare, energy, transport, education, industry, and other sectors. During the visit, new agreements were signed with JICA concerning the development of economic zones, agriculture, supply of medical equipment, and support for entrepreneurship, as well as the launch of a special economic zone for Japanese investors, to be developed in line with Japanese models and standards.

Cooperation with JBIC is also developing dynamically. Today, the total project portfolio with the bank exceeds $5 billion in sectors such as petrochemicals, energy, telecommunications, infrastructure, and light industry. During the visit, discussions focused on preparing new projects and improving the effectiveness of existing initiatives worth over $10 billion.

Trade relations are also growing dynamically. Between 2017 and 2024, Uzbekistan’s trade turnover with Japan more than doubled, increasing from $166.2 million to $388.5 million. In 2024, growth accelerated, rising by 64.1% compared with 2023, from $236.8 million to $388.6 million. More than 90% of imports from Japan consist of machinery and equipment, while Uzbekistan’s exports to Japan are dominated by services and chemical fertilizers, as well as fruit and vegetable products, textiles, radioactive elements, and jet fuel.

Investment cooperation is expanding as well. Over the past eight years, the number of Japanese enterprises operating in Uzbekistan has increased tenfold, while the combined project portfolio has exceeded $20 billion. Leading Japanese companies such as Sojitz, Toyota Tsusho, Sumitomo, Itochu, Kyoto Plaza, Balcom, and Shikoku Electric are actively operating in Uzbekistan, implementing major projects in energy, geology, tourism, infrastructure development, IT, and other sectors.

For example, Sojitz Corporation is implementing projects including the construction of a combined-cycle power plant in Syrdarya region, a multidisciplinary hospital, a new international airport in Tashkent, and a wind power plant. During the visit, support was expressed for the company’s plans to modernize medical clinics and educational facilities, create a transboundary “green” energy corridor, upgrade gas compressor stations, and participate in establishing a special economic zone for Japanese investors.

Sumitomo Corporation is constructing two solar power plants and energy storage systems in Samarkand region, with a similar wind-power-based project also planned in the Republic of Karakalpakstan. During the visit, the President of Uzbekistan proposed adopting a Cooperation Program with the corporation through 2030.

Uzbekistan has longstanding cooperation with ITOCHU Corporation in mechanical engineering, geology, and infrastructure. Long-term agreements have been reached on the export of critical minerals to Japan. During the visit, new areas of cooperation were discussed, including water purification, automotive manufacturing, modernization of air traffic control systems, as well as implementation of public-private partnership projects in the social sphere.

JOGMEC, together with ITOCHU Corporation, is developing uranium deposits in Navoi and Kashkadarya regions. During the visit, plans by these companies to develop precious-metal deposits at promising sites in Uzbekistan were also reviewed and approved.

Negotiations and outcomes of the visit

During the negotiations, the sides discussed further deepening of the strategic partnership between Uzbekistan and Japan, covering all areas of interstate cooperation. The importance of strengthening existing cooperation formats, including parliamentary friendship groups, economic cooperation committees, and sectoral mechanisms in priority areas, was emphasized.

During the talks between President Shavkat Mirziyoyev and Prime Minister Sanae Takaichi, a number of priority areas for advancing strategic partnership were identified, including green energy and industrial decarbonization, information technology, critical minerals, cooperation in mechanical engineering, modernization of healthcare, and tourism infrastructure.

To implement more than $12 billion worth of new cooperation projects prepared for the visit, the President of Uzbekistan proposed establishing a joint investment platform. Plans were also announced to create a special economic zone in Samarkand region based on Japanese standards and practices, as well as to scale up the “One Village – One Product” program implemented jointly with Japanese partners. It was proposed to hold the first Uzbekistan-Japan Regional Forum in Samarkand next year.

At the meeting between the President of Uzbekistan and Japan’s Minister of Economy, Trade and Industry Ryosei Akazawa, an agreement was reached to develop an action plan to further strengthen business cooperation with the active involvement of JETRO and the Japan Association for Trade with Russia and NIS (ROTOBO).

A key element of the visit was the President’s meeting with leading representatives of Japanese business. The President emphasized that in recent years cooperation between Uzbekistan and Japan has acquired a qualitatively new character. Whereas Japanese companies previously mainly participated as contractors, today they are actively investing in Uzbekistan’s economy, establishing joint ventures, participating in management, transferring technologies, and contributing to human capital development. “As a result of these qualitative shifts, Japan has become one of Uzbekistan’s key economic and technological partners,” the President stressed.

Based on these assessments, priority areas for further cooperation with Japanese business were outlined. These include ensuring energy resilience and advancing the green transition, development of renewable energy sources and storage systems, and reducing the carbon intensity of Uzbekistan’s economy. Particular emphasis was placed on deep processing of critical minerals and establishing full value chains.

Promising areas also include the development of mechanical engineering and industrial equipment to build a modern high-tech industrial economy. Special focus was placed on advancing information technologies, including the implementation of artificial intelligence and digitalization programs.

Another important direction is the creation of modern special economic zones designed to become centers for high-tech, export-oriented industries and platforms for industrial cooperation through automation and digital control systems.

Concluding his speech to the business community, President Mirziyoyev emphasized that Uzbekistan regards Japan not only as an investor, but as a strategic partner in building the industry of the future.

The main outcome of the visit was the signing by President Shavkat Mirziyoyev and Prime Minister Sanae Takaichi of the Joint Statement on Expanded Strategic Partnership for Future Generations, which elevates Uzbek-Japanese relations to a fundamentally new level. A wide package of agreements was also adopted in education, healthcare, environmental protection, water management, transport, urban development, tourism, agriculture, and disaster-risk reduction.

Expanding cooperation potential

Against the backdrop of Uzbekistan’s ongoing technological transformation and innovative development, there is substantial potential to further expand economic cooperation with Japan in trade, investment, and scientific-technical exchange. The agreements reached during the visit form a solid foundation for advancing cooperation to a qualitatively new level.

According to the Center for Economic Research and Reforms, Uzbekistan has significant untapped export potential with respect to Japan. Promising export categories include copper and copper products, textile and apparel goods including home textiles, aluminum and aluminum products, fruits and nuts, as well as electrical equipment and devices.

Japan’s experience in developing innovation clusters may serve as a valuable model for Uzbekistan. In this context, promising areas include the creation of joint venture funds and startup accelerators, support for technology transfer, and commercialization of scientific developments.

Japan’s experience in smart agriculture and agricultural education is also highly relevant for Uzbekistan. Cooperation in this area offers opportunities to modernize agriculture, increase water efficiency, boost productivity, and implement sustainable farming practices.

Thus, the President’s visit to Japan has already become an important driver in deepening and expanding economic cooperation between our two countries, contributing to fuller realization of partnership potential, modernization of Uzbekistan’s economy, and strengthening the presence of Japanese business in Uzbekistan. The strengthened strategic partnership will improve quality of life and broaden opportunities for future generations.

Nozimjon Ortikov,

President of the Republic of Uzbekistan Shavkat Mirziyoyev met with Director General of the Food and Agriculture Organization of the United Nations (FAO) Qiu Dongyu on September 5.

The head of the authoritative branch structure of the United Nations system is in Tashkent within the framework of the ongoing International Forum on Food Security and Sustainable Development Goals for Landlocked Countries.

At the beginning of the meeting, the UN High Representative expressed his deep gratitude to the head of our state for supporting the successful holding of the forum, which is attended by representative delegations from more than 30 countries of the world.

In the course of the conversation, the sides considered issues of further expanding the strategic partnership between Uzbekistan and FAO in effectively responding to contemporary challenges and threats.

The sides noted with satisfaction the fruitful results of practical interaction achieved in recent years. Thus, the qualitative indicators of implementation of the country cooperation program for the period until 2025 have doubled.

There are 34 projects in the active phase of implementation. Over the last year, 7 new projects were launched, including in the field of agriculture, school feeding, veterinary medicine, agrochemistry and other spheres.

The importance of preparation and adoption of a new five-year partnership program was emphasized.

Special attention was paid to promising joint projects and activities in the field of digitalization of the agro-industrial complex, exchange of advanced knowledge and experience, attraction of innovations and investments in improving the fertility of the land fund, cultivation and processing of organic agricultural products, modernization of irrigation systems, creation of modern clusters and logistics centers, research and development.

There was also an exchange of views on the global and regional situation related to food security.

The Content Preparation Center for Mass Media under the Administration of the President of the Republic of Uzbekistan has launched, for the first time in Uzbekistan, an innovative media bank — the Aura.uz platform. It consolidates photo and video materials showcasing the country’s rich cultural heritage, unique nature, modern cities, and way of life.

The primary objective of the platform is to promote Uzbekistan’s positive image to both local and international audiences through high-quality visual content.

Currently, Aura.uz hosts nearly 6 terabytes of data, comprising more than 12,000 photos, videos, and infographics. The platform is continuously updated with around 200 new items daily.

A dedicated service has been established for the collection and publication of content. In addition, the archive has been formed using materials from the National Television and Radio Company of Uzbekistan (MTRC), press services of ministries and government agencies, as well as the national news agency UzA.

This project aims to address a key issue in Uzbekistan’s media landscape — the shortage of high-quality visual content. As a result, it is expected to significantly increase (by up to 1,000 times) the global volume of professional photo and video materials about Uzbekistan.

Today, many local and international video creators, bloggers, and media professionals encounter outdated or low-quality content, often containing captions, subtitles, or watermarks, when searching for visual resources. In particular, finding modern footage — especially region-specific or drone-shot visuals — remains a challenge.

The platform features:
— exclusively high-quality content (HD, Full HD, 4K and above);
— materials provided without captions, logos, or subtitles;
— videos available in both horizontal (16:9) and vertical (9:16) formats;
— a convenient search system allowing access by season, time (day/night), region, and category;
— most importantly, all files are available for free use.

The content is systematically categorized into areas such as art, urban development, sports, historical landmarks, nature, and national traditions.

Materials of national significance are also compiled separately. In particular, videos related to the visits of President Shavkat Mirziyoyev, as well as content dedicated to the “New Uzbekistan” concept, are available in dedicated sections.

The platform is open, allowing contributors to upload their own materials. A monetization system is planned for future implementation.

Aura.uz is an innovative media platform that presents the modern visual image of Uzbekistan to the world.

President Shavkat Mirziyoyev visited the Inno innovative training and production technopark in Almazar district of the capital.

This technopark was established three years ago. Innovative ideas and inventions for the development of industrial sectors are developed here. In order to train young people in modern professions, cooperation with higher educational institutions has been established. Every year seminars and workshops are held with the participation of about 15 thousand students and pupils.

There are more and more such innovation centers in our country. Industry, energy and information technologies are developing, new complexes are being launched. They require engineers and technicians with up-to-date knowledge and qualifications.

The activity of higher engineering schools established at Tashkent State Technical University, Bukhara Institute of Engineering and Technology, Tashkent State Transport University, Fergana Polytechnic Institute, Tashkent Architecture and Construction University and Tashkent University of Information Technologies has been presented to the President.

The decree of the President of the Republic of Uzbekistan dated February 2, 2024 sets a number of tasks in this direction. In particular, according to the decree, the organizational and managerial activities of higher education institutions that train personnel in engineering and technology are being improved. The existing training programs are being studied and fundamentally changed in accordance with modern technologies and the requirements of employers.

The head of our state was informed about it.

At the first stage, higher engineering schools will be opened at 10 institutions of higher education. The supervisory board of the schools will include not only scientists, but also representatives of partner enterprises.

Two-year master's degree programs will be implemented in these schools, candidates will be selected on the basis of manufacturers' orders. In the first year, students will design new products on the orders of enterprises, conduct scientific research and study in in-depth modular programs. In the second year, they will test at enterprises technological processes related to the creation of prototypes of new products.

The President paid attention to the practical applicability and effectiveness of scientific research in higher educational institutions. It was noted that the attention paid to the education system should be really embodied in scientific achievements.

The head of state also familiarized himself with the inventions and advanced developments of researchers. In particular, energy-efficient devices, a cooling system protecting transformers from overheating under load, chemical reagents important for the oil and gas industry, modern approaches in construction, including road construction, engineering projects for hydraulic structures and modern solutions in the field of information technologies were presented.

The Resolution signed by the President of Uzbekistan “On measures to introduce a system of continuous improvement of knowledge of the population and civil servants in the fight against corruption” caused an interested discussion in the international expert community.

Alexander Klishin, adviser at the UN Office of Rule of Law and Security Institutions:

– This initiative marks a significant step in the fight against corruption not only for Uzbekistan, but also on the international arena. The Virtual Anti-Corruption Academy is a leading initiative of the President of Uzbekistan Shavkat Mirziyoyev, aimed at introducing a system of continuous improvement of knowledge among the population and civil servants in the fight against corruption.

The initiative is perfectly aligned with global efforts to promote integrity, transparency and accountability across all sectors of the economy. Uzbekistan has once again reaffirmed its commitment to building a society free of corruption, where integrity, transparency and accountability are the cornerstones of public administration. The Anti-Corruption Virtual Academy fully embodies these values and serves as a commendable example for other countries.

Anas Fayyad Qarman, UNDP Resident Representative a.i. in Uzbekistan:

– We are pleased to know the adoption of the Resolution of the President of Uzbekistan regarding the Virtual Anti-Corruption Academy. We view this measure as an important step towards further strengthening the anti-corruption ecosystem.

We have been cooperating with the Anti-Corruption Agency in various areas a long while, including the development of a compliance control system in government agencies and organizations. We are also jointly developing various digital solutions to combat corruption in the public sector. In my opinion, a distinctive feature of a new Academy is its availability to both civil servants and ordinary citizens.

Antti Karttunen, Head of OSCE Project Coordinator in Uzbekistan:

– The initiative of the President of Uzbekistan to create a Virtual Anti-Corruption Academy is a time requirement and will help find answers to many questions related to this area.

Like the Law ‘On Conflict of Interest’ recently signed by the President, it is another important step in the fight against corruption in Uzbekistan.

We look forward to continuing to support the improvement of legislation in the field of combating corruption, as well as to improve the qualification of employees of government bodies and organizations through the Virtual Academy and support all other efforts of Uzbekistan in this area.

Tuija Brax, Director of the Rule of Law Center, former Minister of Justice (Finland):

– It is my great honor to express a few words about the new Virtual Anti-Corruption Academy in Uzbekistan. We have been cooperating with the Anti-Corruption Agency of Uzbekistan for several years now, and I was greatly impressed by the initiatives of President Shavkat Mirziyoyev to combat corruption in the country, measures to improve legislation in this area and efforts to raise public awareness. The new Virtual Academy is a unique opportunity to raise awareness, develop special courses for different target groups, and also attract young people to study this field, since ultimately it is about the future of Uzbekistan.

Quentin Reed, Professor of Oxford University, INGO Regional Dialogue’s Anti-Corruption Specialist (United Kingdom):

– I am happy to hear about the President signing the Resolution, which provides for the establishment of the Virtual Anti-Corruption Academy. International NGO Regional Dialogue and the Anti-Corruption Agency have been cooperating for several years in developing preventive anti-corruption measures in Uzbekistan. We express our readiness to provide full-fledged support in the development of educational modules and programs within the Virtual Academy, as awareness-raising, education and training are key tools in the prevention of corruption. Appropriate anti-corruption system cannot be established without them. This is particularly important for public servants, especially those in vulnerable situations, but I would also pay particular attention to citizens.

Nuripa Mukanova, Secretary General, the Anti-Corruption Business Council under the President of Kyrgyzstan:

– My congratulations to the people of Uzbekistan and the Anti-Corruption Agency on the establishment of the Virtual Anti-Corruption Academy. The opening of this Academy is important for both Uzbekistan and the countries of Central Asia. This is a very important anti-corruption measure and platform for increasing the capacity of all those directly involved in anti-corruption issues, as well as those who want to increase their capacity, knowledge and skills in the field of combating and preventing corruption. This platform will also allow young people who study and then enter public service to improve their anti-corruption skills.

Dunyo IA

From 3 to 6 May 2026, Samarkand will host the 59th Annual Meeting of the Asian Development Bank (ADB). The event is expected to bring together heads of banking and financial institutions from 69 member countries, as well as representatives of international organizations. Discussions will focus on the key development challenges facing the countries of Asia and possible ways to address them.

The holding of such a high-level forum in Uzbekistan reflects the growing recognition of the country’s ongoing economic reforms and the strengthening of its position within the global financial system. A significant factor has also been the notable expansion of cooperation between Uzbekistan and the ADB in recent years, as evidenced by a number of objective international assessments of the country’s socio-economic development.

First, there has been a steady rise in Uzbekistan’s international standing and stronger performance in global rankings. In particular, in the Government Technology Maturity Index published by the World Bank, the country advanced by 71 positions, entering the world’s top ten.

Second, despite continuing disruptions in global production and transport-logistics chains, rising commodity prices, and tighter financial conditions, Uzbekistan continues to demonstrate устойчивый economic growth. In 2025, for the first time in the country’s history, gross domestic product exceeded USD 145 billion, while gold and foreign exchange reserves surpassed USD 60 billion.

At the same time, the volume of attracted foreign investment increased significantly, reaching USD 43.1 billion, while the share of investment in GDP exceeded 31 percent. Moreover, despite growing protectionism and sanctions pressure in the global trading system, the republic increased exports by 23 percent, bringing them to USD 33.4 billion.

Third, cooperation between Uzbekistan and the ADB is comprehensive and long-term in nature. The total portfolio of joint initiatives amounts to 174 projects worth USD 27.5 billion, of which 66 projects worth USD 10.5 billion have already been completed, while another 30 projects valued at USD 4.6 billion are currently under implementation. These figures confirm the ADB’s status as one of Uzbekistan’s leading development partners.

Building on accumulated experience, the ADB launched a new five-year partnership strategy with Uzbekistan in August 2024 for the period 2024–2028. Its key priorities include supporting the republic’s transition toward a green and inclusive economy, enhancing private sector competitiveness, and stimulating investment in human capital.

In addition, Uzbekistan and the ADB approved a Memorandum of Understanding for 2026–2028, which envisages the implementation of 28 projects with a total value of USD 4.2 billion.

The fact that the meeting is being held in Uzbekistan positions the country as a regional hub for dialogue on development and investment, demonstrates the progress of reforms, and contributes to attracting global partners to accelerate the country’s sustainable development. According to experts, the meeting will serve as an important platform for strengthening cooperation and concluding priority agreements between the Government of Uzbekistan and the ADB.

Furthermore, in order to consolidate long-term priorities, President of Uzbekistan Shavkat Mirziyoyev put forward an initiative to mark the Samarkand summit with the signing of an important document — the Expanded Strategic Partnership Programme with the ADB for 2027–2030. It will serve as a medium-term roadmap, with primary emphasis placed on human capital and social resilience.

Thus, cooperation between Uzbekistan and the ADB has evolved from financial assistance into a strategic partnership. Today, the Bank finances key projects, shapes the reform agenda, and supports the long-term transformation of the national economy, effectively acting as an institutional partner.

Such cooperation opens a number of significant advantages for Uzbekistan:

Economic – access to concessional loans and grants, reduced budgetary burden in implementing large-scale programmes, improvement of the investment climate and inflow of long-term foreign investment, infrastructure development, and employment growth;

Structural – acceleration of market reforms, liberalization and diversification of the economy, and private sector development;

Strategic – integration into the global economy, transition to a green growth model, and participation in regional value chains and transport-logistics corridors.

As can be seen, the modern ADB agenda largely coincides with Uzbekistan’s current reform trajectory. According to experts, the republic has synchronized its national strategy with the Bank’s priorities and, as a result, can attract even greater volumes of financing to accelerate structural reforms and strengthen economic resilience.

Overall, the key features of the modern model of cooperation between Uzbekistan and the ADB are: comprehensiveness (covering all major sectors), strategic orientation (alignment with the long-term goals of “Uzbekistan–2030”), institutional depth (reforms, regulation, standards), and sustainability (environmental protection and inclusiveness).

Thus, today the ADB is not merely a creditor, but a key strategic partner participating in structural reforms, economic modernization, and Uzbekistan’s integration into global economic processes.

Dmitriy Trostyanskiy

Chief Research Fellow,

Institute for Strategic and Regional Studies

under the President of the Republic of Uzbekistan,

Doctor of Economic Sciences