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Uzbekistan - Kyrgyzstan: from border neighborhood to long-term economic cooperation
Uzbekistan - Kyrgyzstan: from border neighborhood to long-term economic cooperation

Relations between Uzbekistan and Kyrgyzstan have in recent years become one of the key pillars of regional cooperation in Central Asia. They are underpinned by a shared border, historical ties, sustained dialogue between the two countries’ leaders, and growing interdependence in trade, transport, energy, industry, agriculture, and the development of border regions. Consequently, the bilateral agenda is increasingly moving beyond traditional good-neighbourly relations and evolving into a comprehensive economic partnership.

Regular high-level contacts provide the strategic framework, while the Joint Commission on Bilateral Cooperation remains the principal mechanism for intergovernmental coordination. In May 2026, the Deputy Prime Ministers of the two countries met on the sidelines of the KazanForum. In June, the relevant ministers discussed current issues of trade, investment, and economic cooperation, while the 12th meeting of the Intergovernmental Commission was held in Cholpon-Ata on 22–23 June.

Direct interregional ties remain an important element of this architecture. The Council of Hokims of Uzbekistan’s border regions and Plenipotentiary Representatives of the President of Kyrgyzstan, established in 2017, was renewed in 2025 through the establishment of the Council of Heads of Regions of the two countries. As a continuation of this initiative, Uzbekistan plans to host the first Forum of Regions. This format has practical significance for trade, logistics, border checkpoints, markets, and local entrepreneurship.

Business contacts are also becoming increasingly intensive. In July 2024, Tashkent hosted a business forum attended by 350 entrepreneurs, which resulted in the signing of 20 documents worth USD 213 million. Preparations for the next forum in Bishkek confirm the continuity of this track and its focus not only on trade transactions but also on projects involving industrial cooperation.

Trade dynamics reflect growing economic interest. By the end of 2025, bilateral trade had reached nearly USD 1.2 billion, an increase of 36.4%. The positive trend continued in January–May 2026, with trade turnover reaching USD 468.8 million, up 43.9%. Uzbekistan’s exports increased by 60.8%, while imports from Kyrgyzstan rose by 12.1%. The structure of trade also demonstrates a broad sectoral base, ranging from textiles, food products, construction materials, and equipment in Uzbekistan’s exports to ores, electricity, metals, and plastics in imports from Kyrgyzstan.

To consolidate these trends, the two countries are implementing a programme to increase bilateral trade for 2024–2030. Its purpose is to move beyond growth in individual product categories towards a more sustainable supply model by expanding the range of goods, developing promotion and distribution channels, and eliminating trade barriers. As part of this work, the parties are considering issues related to coal, construction materials, livestock, seedlings, and sheet glass.

The next level of cooperation involves trade, logistics, and industrial instruments. The Termez International Trade Centre provides Kyrgyz products with an additional southern route, while trading houses in Bishkek and Tashkent could serve as permanent channels for promoting goods. Assembly facilities using components from Uzbekistan would give bilateral trade a stronger industrial dimension.

The investment component is supported by the mutual presence of businesses: 450 enterprises with Kyrgyz capital operate in Uzbekistan, while 85 enterprises with Uzbek capital operate in Kyrgyzstan. This indicates a transition from conventional trade operations to more sustainable forms of business engagement.

On this basis, industrial cooperation is acquiring tangible substance. Automobile production has been launched in the Chuy Region with the participation of the Uzbek side, including the manufacture of Onix, Captiva, Damas, Cobalt, Tahoe, and Tracker models.

At the same time, sectoral opportunities are not limited to the automotive industry. In the field of geology, the parties are interested in the joint exploration of several deposits, including iron ore and phosphorites, as well as cooperation on critical minerals. In the pharmaceutical sector, plans are being developed to manufacture affordable medicines.

The light industry sector holds particularly significant potential. Textile enterprises have already been established in Kara-Balta and Andijan, garment production is expanding in Bishkek and the Osh Region, and fabric manufacturing is being developed in the Chuy Region.

Alongside industrial initiatives, energy cooperation continues to be of strategic importance. The Kambarata HPP-1 project occupies a central place in this area. It is important to accelerate the coordination of the relevant intergovernmental agreement and ensure a balance between the parties’ water and energy interests.

The transport dimension complements this logic, as it directly affects the sustainability of economic ties. Transport operators in both countries require predictable operating conditions. Therefore, the establishment of a working group and the preparation of a joint transport and logistics programme for 2026–2028 remain relevant priorities.

The Uzbek-Kyrgyz Development Fund provides the financial foundation for some of these initiatives. Its portfolio already includes projects in transport, finance, light industry, construction materials, and energy. Expanding the Fund’s project portfolio and considering the participation of the Kyrgyz side in its authorised capital could further strengthen the sustainability of this mechanism.

Border infrastructure is of particular importance, as it translates the broader bilateral agenda into practical cooperation at the regional and local levels.

Overall, these areas demonstrate that Uzbek-Kyrgyz relations are progressing towards a more mature economic model. Growing trade, industrial projects, energy coordination, transport corridors, agricultural and industrial initiatives, and the expansion of financial instruments are forming not a fragmented set of agreements, but an interconnected system of long-term partnership.

Tashkent as Central Asia’s Investment Capital: What to Expect from the Fifth International Investment Forum
Tashkent as Central Asia’s Investment Capital: What to Expect from the Fifth International Investment Forum

The Fifth Tashkent International Investment Forum will take place on June 16–19, 2026. This year’s theme – “Investment Resilience: New Frontiers, New Partnerships” – frames the agenda around a set of pressing questions: how to protect capital amid global uncertainty, what institutional mechanisms enhance investment resilience in frontier markets, and where the new partnership routes lie.

The forum’s context is set by macroeconomic results. According to the National Statistics Committee, Uzbekistan’s GDP grew by 7.7% in 2025 and exceeded $147 billion – the fastest pace since 2021 and among the highest in the Europe and Central Asia region. Fitch Ratings and S&P Global upgraded the country’s sovereign rating from BB– to BB for the first time, while Moody’s revised its outlook to “positive.” International reserves, per the Central Bank, surpass $77 billion. Exports rose 24% to $33.8 billion. Foreign direct investment increased by 46.9%, with FDI accounting for 40.5% of total capital investment. For an economy that attracted only $4 billion in annual foreign investment in 2017, the surge to $42 billion by 2025 represents a fundamentally different scale of growth. This tenfold increase over eight years underscores a profound transformation in the nation's investment landscape.

The forum is scaling alongside the economy. Last year’s TIIF drew over 8,000 participants, including some 3,000 international delegates from 97 countries. Guests included Bulgarian President Rumen Radev, Slovak Prime Minister Robert Fico, heads of government from all Central Asian states, EBRD President Odile Renaud-Basso, and New Development Bank President Dilma Rousseff. The aggregate value of signed investment contracts and trade agreements reached $30.5 billion. Yet what best speaks to the platform’s maturity is not the number of signings but the conversion rate – the share of agreements that translate into operating assets is increasingly the metric that matters to returning investors.

The centrepiece of this year’s forum will be the Tashkent International Financial Centre (TIFC), established by presidential decree in March 2026. Behind the headline sits a specific institutional architecture: a special legal regime based on common-law principles, a dedicated financial services regulator, an arbitration centre (TIAC), and tax exemptions through 2076. TIFC is part of a global trend toward specialised financial hubs that offer international market participants a familiar legal environment and regulatory predictability. Its defining feature is integration within the country’s legal framework: the centre operates under a special legal regime rather than creating a separate jurisdiction, reducing regulatory fragmentation and simplifying engagement with the domestic economy. A panel session featuring leaders of major global financial centres and international investors operating in Uzbekistan will address the central question: what are the practical conditions under which TIFC can attract international market participants.

The TIIF 2026 programme is structured around four thematic pillars: investment resilience and capital protection mechanisms, financial infrastructure and capital market development, trade connectivity and logistics corridors, and energy transition and climate finance. Key sessions include a discussion of the regulatory framework for alternative investment funds (a legal basis for private equity and venture capital being adopted for the first time), a panel on the Middle Corridor and trans-Caspian logistics, a session on sovereign ratings across Central Asia, and a practitioner-led workshop on blended finance instruments in frontier markets. A dedicated arbitration and dispute resolution track features two panel sessions co-organised with the Tashkent International Arbitration Centre (TIAC), the British-Uzbek Legal Association (BrULA), and the British Embassy. Topics range from the institutional design of Uzbekistan’s arbitration ecosystem – including the innovative Dispute Avoidance Protocol (DAP) – to the country’s positioning within the global investment protection architecture: ISDS frameworks, bilateral investment treaty reform, and New York Convention enforcement.

The energy agenda warrants particular attention. Uzbekistan has set an ambitious target of raising the share of renewables in electricity generation to 54% by 2030. Currently, the country operates solar and wind facilities with a combined installed capacity exceeding 4 GW, with a project pipeline envisaging an additional 19 GW of green capacity. Alongside this, the public-private partnership mechanism continues to develop: as of early 2025, PPP agreements worth approximately $28 billion had been signed in the country. For investors, this represents a large, structured market with standardised PPA contracts and a clear entry mechanism – a subject that will be examined in detail during the forum’s energy panel.

TIIF 2026 retains its bilateral business forum format, reflecting the expanding geography of Uzbekistan’s economic partnerships. Confirmed platforms include business forums with the Republic of Korea, the United States, Croatia, Hungary, Turkey, and Albania, as well as a China–SCO countries investment dialogue; the lineup continues to grow as the event approaches. The plenary session featuring heads of state and government will set the tone for the business programme. Running in parallel is an exhibition of industrial and investment potential spanning approximately 6,000 sq m – in 2025, a comparable facility facilitated over 500 B2B and B2G meetings for 100 participating companies.

At the same time, the forum agenda implicitly flags unresolved challenges. The corporate governance session raises the question of transitioning from concentrated to dispersed ownership – a process without which the stock market will remain illiquid. The discussion of privatisation and state asset IPOs calls for a candid conversation about pacing and institutional quality. The responsible business conduct panel, anchored in OECD standards, recognises that tax incentives alone are insufficient for accessing institutional capital – what is needed is verifiable supply chain transparency and functioning National Contact Point mechanisms.

The business programme is complemented by networking formats: an FIC and EY business breakfast on digitalisation and AI, the annual SQB Investor Day, an ESG Award ceremony, and the European Business Evening. The informal component – an invitational tennis tournament, TIIF Open, and an evening run – is designed for delegates who prefer to build relationships beyond the conference hall. The anniversary evening concludes with a collaboration with the Stihia electronic music festival – a detail that captures the tone in which Uzbekistan presents itself to an international audience.

For Uzbekistan, TIIF has long ceased to be a showcase. It is a working instrument of investment policy, whose effectiveness is measured not by the number of signing ceremonies but by the volume of capital that actually enters the economy between forums. The fifth, anniversary edition takes place at a moment when the country is simultaneously launching an international financial centre, adopting an alternative investment funds law, and receiving a sovereign rating upgrade – a convergence that creates a window of opportunity for investors prepared to operate in frontier markets with a growing institutional base.

Uzbekistan sees the Organisation of Turkic States as a Platform for new economic opportunities
Uzbekistan sees the Organisation of Turkic States as a Platform for new economic opportunities

Uzbekistan views its participation in the Organization of Turkic States (OTS) as an opportunity to give a new industrial dimension to trade relations. The focus is on production chains in which enterprises from different countries participate in the manufacturing of finished products and bring them to international markets. This is one of the key objectives of the “Space of New Economic Opportunities” initiative put forward by President of the Republic of Uzbekistan Shavkat Mirziyoyev.

The OTS brings together Uzbekistan, Azerbaijan, Kazakhstan, Kyrgyzstan and Türkiye. Turkmenistan and Hungary also participate as observer states. This geographical scope connects Central Asia with the South Caucasus, Türkiye and western trade routes. For Uzbekistan, the value of the multilateral format lies in the opportunity to coordinate trade and transport conditions with countries whose decisions influence the development of production links between enterprises.

Uzbekistan’s trade turnover with the other OTS member states, as well as Turkmenistan and Hungary, increased from $4.13 billion in 2017 to $10.82 billion in 2025. In January–July 2026, trade turnover grew by 19.8 percent compared with the same period of the previous year. The presence of partner countries in Uzbekistan’s economy is also expanding. As of early August, 4,871 enterprises with their capital participation were operating in the country.

With trade ties reaching such a scale, the structure of trade is becoming increasingly important. In the first seven months of 2026, Uzbekistan’s exports to these countries amounted to $2.29 billion, while imports reached $4.46 billion. Strengthening export positions requires expanding the production of goods with a higher degree of processing. Industrial cooperation enables Uzbek enterprises to respond to demand in partner markets and expand beyond the OTS region.

This objective has gradually become central to Uzbekistan’s agenda within the OTS. Following Shavkat Mirziyoyev’s participation in the summit of Turkic states in 2018, Uzbekistan became a full member of the then Turkic Council in 2019. In 2022, Uzbekistan hosted the OTS summit in Samarkand and assumed the chairmanship of the Organization. At the summit, the President proposed creating value-added production chains and entering third-country markets with finished products. At the 2024 summit in Bishkek, he put forward an initiative to conclude a strategic partnership agreement that could strengthen the political foundation for long-term projects.

In 2025, Uzbekistan proposed instruments to develop direct business-to-business ties. At the meeting in Budapest, the President called for the creation of the “TURK-TRADE” platform, the development of an industrial cooperation programme, and the establishment of a unified investment portal. These proposals cover successive stages of business cooperation: finding partners, presenting investment opportunities and preparing production projects. Direct contacts were also strengthened at the Trade Forum of the Turkic States in Baku, where Uzbek producers concluded agreements on the supply of finished knitwear and construction materials.

Alongside these proposals, practical decisions have also been adopted. In February 2026, the ministers responsible for economy and trade of the OTS member states signed a memorandum on partnership in trade and approved a roadmap for cooperation in the areas of economy, trade, investment and finance. The Turkic Investment Fund also began its operations that year. The establishment of a Council for Economic Partnership remains subject to further agreement among the participating states.

Bilateral investment ties with partner countries already provide a foundation for developing production facilities. In 2025, investments from Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye, Turkmenistan and Hungary amounted to $4.29 billion. In 2026, work is underway on 280 projects with a total value of $17.24 billion. Between January and August, $3.84 billion had been actually invested within these projects. The future impact of these investments will depend on the commissioning of new capacities and the resulting production volumes.

One example of bilateral cooperation is located in Kashkadarya Region. There, the first stage of a project by the Azerbaijani company Matanat to produce gypsum products has been completed, while the second stage — the development of gypsum board production capacity — has begun. In this way, partner investment is being channelled into processing and manufacturing activities within Uzbekistan.

The transport sector already offers an example of a result achieved at the level of the Organization as a whole. The E-permit electronic permit system began as a joint project between Uzbekistan and Türkiye and now operates between Uzbekistan and all OTS member states. This experience demonstrates how a solution initially agreed upon by two countries can develop into a common procedure. Further progress in transport connectivity is linked to the coordination of tariffs, digital customs procedures and the operation of logistics hubs. Uzbekistan advocates connecting the Middle Corridor with the China–Kyrgyzstan–Uzbekistan railway currently under construction and the prospective Trans-Afghan route.

Alongside transport connectivity, the digital agenda is also developing. At the 2026 summit in Turkistan, the President of Uzbekistan proposed developing a “Digital Turkic Corridor” that would connect regional data centres through high-speed communication networks. He also invited partners to participate in a venture capital fund being established jointly with Kazakhstan. These initiatives focus on the next potential source of economic growth: technologies, innovation and entrepreneurship capable of operating across multiple markets.

For Uzbekistan, the next stage of cooperation within the OTS will be determined by the quality of economic growth. Trade turnover and investment ties provide scale to industrial cooperation. Its strategic impact will depend on the role Uzbek enterprises play in creating finished products and on how widely the markets for those products can expand. Uzbekistan’s initiatives in industry, investment, transport and technology are aimed precisely at addressing this objective.

A system will be created in Uzbekistan to continuously improve the knowledge of citizens and civil servants in the fight against corruption
A system will be created in Uzbekistan to continuously improve the knowledge of citizens and civil servants in the fight against corruption

The President of Uzbekistan has signed the Resolution “On measures to introduce a system of continuous improvement of knowledge of the population and civil servants in the fight against corruption”.

The legal and institutional framework for preventing and combating corruption has been improved in Uzbekistan in recent years. At the same time, there is a need to raise to a new level the system of developing an intolerant attitude towards corruption among the population and civil servants, immunizing them with ‘integrity vaccine’, as well as increasing knowledge and skills in the fight against corruption based on the requirements of the time.

In this regard, the President of Uzbekistan has signed the Resolution “On measures to introduce a system of continuous improvement of knowledge of the population and civil servants in the fight against corruption”.

The Resolution will introduce a system of continuous improvement of knowledge of the population and civil servants in combating corruption.

For this purpose, from January 1, 2025, the Virtual Anti-Corruption Academy electronic platform (Virtual Academy) will be launched.

The Anti-Corruption Agency and the Law Enforcement Academy are in charge in organization and conduct of educational activities at the Virtual Academy. The Agency forms a contingent of civil servants who are subject to training, in agreement with the Academy, approves the annual training schedule, and monitors the quality organization of the educational process. The Agency submits annually information on the activities of the Virtual Academy to the National Anti-Corruption Council.

The key is that any citizen will have the opportunity to voluntarily study at the Academy’s basic courses. In particular, educational programs of various formats will be developed for preschool and school children, students, entrepreneurs, and representatives of nongovernmental organizations, taking into account their age, level of development and field of activity.

Increasing knowledge and skills in combating corruption at the Academy is mandatory for all civil servants.

This, undoubtedly, is of great importance in increasing the legal consciousness and culture of the population and civil servants, creating legal immunity from corruption in society, and cultivating the integrity values in the younger generation.

Training at the Virtual Academy in basic courses is organized free of charge for all users, and advanced training in special courses is fee-based.

The Agency formulates recommended annual research topics in the field of anti-corruption for higher education institutions and research organizations. All higher education and research organizations will annually submit to the Agency the results of research they conducted in the area. The Academy will maintain an electronic database on achievements, domestic and foreign experience, scientific, methodological and practical developments and research work.

Based on the Resolution, a Road Map is approved to ensure the effective functioning and strengthening of the material and technical base of the Virtual Anti-Corruption Academy electronic platform.

According to it, the Virtual Anti-Corruption Academy electronic platform and its mobile app will be launched by January 1, 2025. Special programs and content organized in the Virtual Academy for pre-school and school children, and students will be developed by October 1, 2024.

As part of the Global Resource for Anti-Corruption Education and Youth Empowerment (GRACE) Initiative, measures will be taken to create high-quality animated films, video and audio materials intended for students.

The launch of the Virtual Academy will serve to accelerate the formation of an intolerant attitude towards corruption in society, as well as the introduction of a system of continuous improvement of the knowledge and skills of the population and civil servants in the fight against corruption.

 

Dunyo IA

Relations between Uzbekistan and the United States have entered a phase of regular strategic communication
Relations between Uzbekistan and the United States have entered a phase of regular strategic communication

An expert from the Institute for Strategic and Regional Studies under the President of Uzbekistan, commented to Dunyo IA on the outcomes of President Shavkat Mirziyoyev’s working visit to the United States, which took place from February 17 to 19:

- The visit of the President of Uzbekistan to the United States, which took place as part of his participation in the first meeting of the Board of Peace, was not just another diplomatic event, but a logical continuation of the strategy of pragmatic and mutually beneficial dialogue with Washington built over recent years. It demonstrated a shift from symbolic political interaction to systemic coordination in security, economics, trade, and humanitarian exchanges.

This visit marked the culmination of an intensive partnership over the past six months. Meetings on the sidelines of the UN General Assembly, the C5+1 summit, participation in events in Davos, and the signing of the Charter of the Board of Peace, as well as personal contacts between the two leaders, have fostered a stable dynamic of political dialogue. This fifth summit in six months demonstrates that relations have entered a phase of regular strategic communication, with each meeting reinforced by concrete agreements.

The visit’s busy business program confirmed its practical nature. During his stay in the United States, the head of state held talks with representatives of the American administration, financial institutions, and business circles, including the Export-Import Bank of the United States, the International Development Finance Corporation, the American-Uzbekistan Chamber of Commerce, as well as the heads of major companies such as Traxys, Valmont Industries, Gulf Oil, Aviagen, John Deere, BlackRock Financial Markets Advisory, Oppenheimer, and others. Following the signing of bilateral documents, the parties solidified agreements in priority areas such as the agro-industrial complex, critical minerals, financial market development, improving the investment climate, and the creation of an investment platform.

Discussions with the US Trade Representative and the Secretary of Commerce deserve special attention. During these talks, the need to intensify work within the framework of the Trade and Investment Framework Agreement between the countries of Central Asia and the United States was emphasized. This gave cooperation not only a bilateral but also a regional dimension, strengthening Uzbekistan’s position as a coordinator of economic processes in the region.

Viewed historically, the current stage’s foundation was laid back in 2018 during Shavkat Mirziyoyev’s first official visit to Washington, when agreements worth over $4.8 billion were signed. This package signaled Uzbekistan’s systemic openness to international businesses. In 2021, the Strategic Partnership Dialogue was established, and its subsequent expansion testifies to the institutionalization of bilateral relations. The invitation of the Uzbek leader to the G20 summit in Miami, personally initiated by US President Donald Trump, further confirmed the country’s strengthening international status and recognition of its growing role on the global agenda.

The economic dimension of cooperation is demonstrating steady growth. While trade turnover stood at $408 million in 2018, it consistently exceeded $1 billion by the end of 2024-2025. The current three-year Economic Cooperation Program, worth $35 billion, reflects the long-term nature of the parties' intentions. At the same time, the structure of interaction is undergoing a qualitative change: the emphasis is shifting from trade operations to the implementation of investment and production projects.

Today, flagship American companies such as Air Products, General Electric, General Motors, Boeing, Honeywell, and John Deere are actively operating in Uzbekistan. The $8.7 billion package of agreements signed at the C5+1 summit, including a contract for 22 Boeing aircraft, investments in the critical minerals sector, and projects in the agro-industrial sector, confirms the practical focus of the dialogue.

The transformation of the export structure is particularly revealing: services now account for approximately 86% of Uzbek exports to the US, with the IT sector remaining the key driver. Of the 800 active digital services exporters, 448 target the US market, accounting for 45% of all industry exports. This demonstrates that the partnership is gradually becoming more high-tech, moving beyond traditional commodity-based models.

The humanitarian dimension of cooperation is no less important. Academic exchange is expanding, the number of joint research projects is growing, and the integration of Uzbek specialists into international educational networks is strengthening. Currently, 40 Uzbek universities are implementing partnership programs with more than 25 US universities. Webster University’s Tashkent branch and the American University of Technology, established jointly with Arizona State University, are successfully operating. Thus, a long-term intellectual infrastructure for strategic partnership is being formed.

Overall, the current stage of relations between Uzbekistan and the United States is characterized by a transition from symbolic declarations to systemic coordination on issues of regional security, sustainable development, investment policy, and technological modernization. These achievements confirm that Uzbekistan is steadily establishing itself as a key US partner in Central Asia.

Dunyo IA

G20 and Uzbekistan: Investment, Industry and Trade in a New Economic Reality
G20 and Uzbekistan: Investment, Industry and Trade in a New Economic Reality

Uzbekistan is entering a period in which domestic transformation is becoming increasingly interconnected with global economic processes. The country has set ambitious goals: accelerating economic growth, advancing the technological modernization of industry, attracting large-scale investment, expanding exports and integrating into international value chains.

This is precisely why discussions within the G20 have practical relevance for Uzbekistan. The issues addressed by the Group of Twenty — sustainable development, industrialization, the energy transition, trade, digitalization, food security, access to capital and the modernization of financial institutions — largely align with the challenges facing the country. The difference lies mainly in scale: while the G20 shapes the key priorities of the global economy, Uzbekistan translates similar objectives into a concrete national development agenda.

The G20 brings together the world’s largest advanced and emerging economies, as well as the European Union and the African Union. Its members account for approximately 85% of global GDP, more than 75% of international trade and around two-thirds of the world’s population. For Uzbekistan, the G20 represents a platform where major global trends are shaped, including the cost of capital, the structure of demand, investment flows, industrial standards, trade rules and approaches to sustainable growth.

Investment: A Focus on Trust and Long-Term Capital

The global investment landscape is changing. Capital is becoming increasingly selective, while investors are paying greater attention not only to market size and natural resources, but also to the quality of institutions, regulatory predictability, the protection of business rights, access to infrastructure and the clarity of the legal environment.

This shift is particularly relevant for Uzbekistan. In recent years, attracting investment has become one of the central pillars of the country’s economic policy. At the Fifth Tashkent International Investment Forum, President Shavkat Mirziyoyev noted that Uzbekistan’s economy grew by 7.7% in 2025, while the country attracted USD 43 billion in foreign investment. GDP is expected to exceed USD 180 billion in 2026.

These figures reflect not only strong economic growth, but also the emergence of a new model of engagement with the international business community. Uzbekistan is strengthening its role as a stable platform for long-term capital, industrial cooperation and the regional expansion of companies.

The establishment of the Tashkent International Financial Centre plays an important role in this process. Its legal framework provides for a special regulatory regime, elements of English common law, an independent commercial court, the free movement of capital, the ability to conduct transactions in any currency, and the development of fintech, digital assets and green finance.

Such initiatives enhance Uzbekistan’s attractiveness to international businesses. They create an environment in which capital protection, transparent rules, modern financial instruments and institutional trust become integral components of the country’s overall investment architecture.

Against this backdrop, practical cooperation between Central Asia, international development banks, export credit agencies, sovereign wealth funds and the private sector is becoming increasingly important. For Uzbekistan, it is essential to establish mechanisms that facilitate the preparation and financing of specific initiatives in transport and digital infrastructure, power grids, energy storage systems, water conservation, agricultural technologies and the processing of critical minerals.

This approach is fully aligned with the priorities of the G20: investment should support not only the implementation of individual projects, but also the development of resilient infrastructure for long-term growth. Uzbekistan, for its part, is ready to offer its partners a well-prepared portfolio of projects and stable long-term conditions for their implementation.


 

Industry: Transitioning to a More Sophisticated Economy

One of the central themes of the G20 agenda is the development of a new generation of industry. This extends beyond increasing production volumes to encompass technological modernization, resilient supply chains, localization, advanced processing, innovation and the creation of high-skilled jobs.

For Uzbekistan, this approach is of direct relevance. The country is steadily transitioning from an economic model primarily based on raw materials and traditional manufacturing advantages toward one in which processing industries, technology, industrial cooperation and the export of higher value-added products play an increasingly important role.

Over the coming years, Uzbekistan aims to increase industrial value added from USD 36.5 billion to at least USD 60 billion, while expanding output in high-technology and medium-high-technology industries by a factor of 2.5. In 2026, the country plans to launch 782 new industrial and infrastructure projects with a combined value of USD 52 billion.

This approach is fully consistent with modern industrial policy. Manufacturing is viewed not merely as the production of goods, but as the foundation for technological resilience, employment, export growth, energy efficiency, logistics and participation in global manufacturing value chains.

A broad range of opportunities is emerging for Uzbekistan across metallurgy, the chemical industry, electrical engineering, machinery manufacturing, automotive components, pharmaceuticals, construction materials, textiles, agro-processing and digital infrastructure. In each of these sectors, the country seeks not only to expand production volumes but also to deepen value-added processing, improve product quality and access new markets.

Critical minerals have also become an increasingly important topic. For the world's leading economies, they are closely linked to the energy transition, digitalization, battery technologies, industrial modernization and secure supply chains. For Uzbekistan, with its rich mineral resource base and developing metallurgical sector, this resource advantage can serve as the foundation for new industrial clusters and production partnerships with international investors.

At the same time, it is essential that such cooperation goes beyond the simple export of raw materials and instead focuses on creating complete value chains within the region. This includes advanced processing, technology transfer, workforce development, strengthening engineering capabilities and creating highly skilled jobs. Such a model will enable Uzbekistan to reinforce its industrial self-sufficiency while becoming an even more significant partner for major international markets.

Trade: Connectivity as a Driver of Competitiveness

The relevance of the G20 is particularly evident in the area of trade. The world's largest economies already occupy a prominent place in Uzbekistan's external economic relations.

Between January and May 2026, Uzbekistan's foreign trade turnover reached USD 32.8 billion. Its key trading partners include China, Russia, Kazakhstan, Türkiye, France, the Republic of Korea and Germany. Most of these countries are either G20 members or are closely integrated into its broader economic architecture.

Decisions taken by the world's largest economies have a direct impact on the conditions of Uzbekistan's foreign trade. Technical standards, quality requirements, rules of origin, tariff policies, logistics routes, environmental regulations and digital trade procedures have become part of the day-to-day business environment for Uzbek exporters.

As a landlocked country, transport connectivity is of particular strategic importance for Uzbekistan. In today's global economy, export competitiveness depends not only on product quality but also on the speed, cost and reliability of delivery. Consequently, the development of East-West and North-South transport corridors passing through Central Asia has become an integral part of the country's trade, transport and industrial policy.

Achieving this objective requires practical solutions, including the digitalization of transit procedures, mutual recognition of electronic transport documents and certificates, coordinated operation of border crossing points, the reduction of unjustified fees and the implementation of the "One Border – One Stop" principle. The effectiveness of these measures should be assessed not by the number of agreements signed, but by tangible reductions in delivery times and transportation costs.

At the same time, Uzbekistan's export performance demonstrates important structural changes. Between January and May 2026, exports of goods excluding gold increased by 29.4%. This indicates that the country is steadily expanding the non-resource component of its foreign trade while strengthening its competitive position in industrial products, textiles, agro-processing, services, transport and other sectors.

At this stage, it is important not only to increase export volumes but also to improve their quality. Modern trade requires internationally recognized certification, consistency, strong branding, efficient logistics and the ability to meet the standards of major global markets. International standards and domestic reforms are becoming increasingly interconnected: external markets establish the requirements, while government policy helps businesses meet them.

WTO: Rules, Trust and Market Access

Uzbekistan's accession to the World Trade Organization is now approaching its final stage. This is no longer merely a technical process, but one of the key components of the country's economic transformation toward a more open, predictable and competitive model of development.

In June 2026, the issue gained additional political and practical momentum. During the meeting between President Shavkat Mirziyoyev and United States Trade Representative Jamieson Greer, particular attention was devoted to cooperation in the context of Uzbekistan's accession to the WTO and continued U.S. support for this process. At the same time, the United States officially reaffirmed its support for Uzbekistan's membership and recognized the substantial progress achieved by the country in this area.

For Uzbekistan, WTO membership represents the institutionalization of a new economic model based on reducing unnecessary trade barriers, enhancing regulatory transparency, improving the business and investment climate, expanding opportunities for exporters and strengthening the confidence of the international business community in the Uzbek market.

Integration into the WTO framework is closely linked to Uzbekistan's investment, industrial and trade agenda. For investors, it serves as a signal of greater policy predictability. For exporters, it provides access to a transparent and rules-based international trading system. For industry, it creates incentives to improve product quality, competitiveness and compliance with modern international standards. Accordingly, WTO accession should be viewed as a natural continuation of the comprehensive reforms already underway.

 

The New Economy: Global Trends and Uzbekistan’s Development Path

The global economy is undergoing profound structural transformation. Supply chains are being reshaped, competition for capital and technology is intensifying, and the importance of energy resilience, food security, digital infrastructure and industrial capabilities continues to grow. These are precisely the issues at the heart of the G20 agenda.

For Uzbekistan, this transformation reinforces the relevance of the country's chosen development path. The nation is already advancing in areas that are becoming fundamental to the new economy, including investment openness, industrial modernization, transport connectivity, energy development, digital transformation, export expansion and integration into the international rules-based trading system.

As the world's leading economies focus on supply chain resilience, new opportunities emerge for Uzbekistan in logistics, industrial cooperation and regional specialization. The global energy transition is increasing demand for renewable energy, critical minerals and energy-efficient industries. Food security concerns are enhancing the importance of agro-processing and cooperation with neighboring markets. Meanwhile, the growing emphasis on digitalization and financial resilience underscores the strategic importance of fintech, IT infrastructure, artificial intelligence and modern financial institutions.

At the same time, the transition to a low-carbon economy and the adoption of new digital standards must be both fair and practically achievable for developing countries. For Uzbekistan, it is essential that new international requirements be accompanied by transparent rules, reasonable transition periods, mutual recognition of equivalent standards, access to technology and financing, and support for exporters in implementing carbon accounting, product traceability and international certification systems.

In this context, the priorities discussed within the G20 closely align with the reforms already underway in Uzbekistan. The G20 therefore provides an international framework in which the country's development strategy receives both practical relevance and additional validation.

Strategic Priorities for Growth: Capital, Technology and Exports

From the perspective of investment, industry and trade, the G20 agenda highlights several strategic priorities for Uzbekistan.

The first is capital. Uzbekistan must continue developing an investment ecosystem in which international businesses see not only promising projects but also long-term institutional reliability. This requires further development of the country's financial centre, special legal regimes, industrial zones, digital public services, investor protection mechanisms and comprehensive investment facilitation.

The second priority is industry. Uzbekistan should continue strengthening its position in higher value-added manufacturing by expanding advanced processing, developing local component industries, enhancing engineering capabilities and fostering technological partnerships. This will enable the country to become a fully integrated participant in increasingly sophisticated global manufacturing value chains.

The third priority is trade and connectivity. Export policy should be built around quality, international standards, certification, logistics, branding and reliable access to global markets. For a landlocked country, this also requires continuous investment in transport corridors, transit digitalization, lower logistics costs and greater supply chain predictability. The steady growth of non-resource exports already demonstrates that Uzbekistan is moving in the right direction, while WTO accession is expected to provide additional momentum and long-term stability.

The fourth priority is partnerships. Most of Uzbekistan's principal trade and investment partners are either G20 members or closely connected to its broader economic architecture. Accordingly, cooperation with China, Russia, Türkiye, the Republic of Korea, Germany, France, India, Japan, the United States, the European Union and the Middle East should be viewed as part of a unified strategy for integration into global networks of capital, technology and markets.

Uzbekistan and the G20: Shared Priorities, Practical Outcomes

For Uzbekistan, the G20 reflects the global processes that are becoming increasingly intertwined with the country's own development trajectory. While the G20 focuses on sustainable growth, Uzbekistan is implementing large-scale economic reforms. As industrialization remains at the forefront of the international agenda, the country is strengthening its industrial base and pursuing greater technological sophistication. As discussions center on trade and investment, Uzbekistan continues opening its markets, improving its regulatory framework and establishing modern institutions for investment and capital.

The greatest value of the G20 agenda for Uzbekistan lies in the convergence of strategic priorities. The global economy is entering a new era in which capital, technology, production and trade are being fundamentally reconfigured. In this environment, Uzbekistan seeks not only to adapt to the evolving economic landscape but also to secure a stronger and more competitive position through structural reforms, openness, industrial development and long-term international partnerships.

Central Asia plays a particularly important role in this process. The region is steadily emerging as a strategic bridge between major global markets, while Uzbekistan is becoming one of the key platforms where transport corridors, industrial value chains and investment projects are translated into tangible economic outcomes.

This is the practical significance of the G20 for Uzbekistan. It provides a clearer understanding of the direction of the global economy, enables the country to align international developments with its national priorities and transforms global trends into concrete opportunities for sustainable growth. For Uzbekistan, this represents the continued implementation of its own long-term development strategy, built upon comprehensive reforms, national interests and the growing strategic potential of Central Asia.

CICA Member States Account for More Than 50% of Uzbekistan’s Foreign Trade Turnover
CICA Member States Account for More Than 50% of Uzbekistan’s Foreign Trade Turnover

Expanding Uzbekistan’s exports and developing industrial cooperation require reliable logistics, access to capital, and stable and predictable conditions in foreign markets. These objectives occupy an important place on the economic agenda of the Conference on Interaction and Confidence Building Measures in Asia (CICA), which brings together 28 member states. The Seventh CICA Summit was held on October 15, 2026, in Baku under the chairmanship of Azerbaijan, whose priorities have been defined as connectivity, digitalization, and sustainable growth.

CICA members include some of Uzbekistan’s key trading partners. In the first half of 2026, China, Russia, Kazakhstan, Türkiye, and Afghanistan together accounted for approximately 53 percent of the country’s total foreign trade turnover. The multilateral platform complements established bilateral relations in areas where the organization of transportation or implementation of investment initiatives requires coordinated participation by several countries.

Cooperation with CIS countries occupies an important place in Uzbekistan’s foreign economic relations. Uzbekistan’s trade turnover with the Commonwealth countries increased from USD 11.8 billion in 2020 to USD 28.1 billion in 2025. In January–July of this year, trade turnover reached USD 18.3 billion, representing a growth rate of 122.7 percent. As of the beginning of August, approximately 5,800 enterprises with capital participation from Russia, Kazakhstan, Azerbaijan, and Tajikistan were operating in Uzbekistan.

Access to different markets requires a network of complementary transport corridors that makes it possible to select delivery routes based on their cost and transit time. At the CICA Summit in Astana in 2022, President Shavkat Mirziyoyev identified the development of production and logistics links between Central Asia and South and East Asia, as well as the Middle East, among the key economic priorities. The knowledge economy and modern technologies were also highlighted as priority areas.

Practical aspects of this agenda were discussed in June 2026 at the Second Termez Dialogue on Connectivity between Central and South Asia. Held with the participation of the CICA Secretariat, the event brought together representatives of 17 CICA member states. Discussions on multimodal routes and digital logistics were accompanied by a visit to the infrastructure of the Termez Cargo Terminal and the Ayritom International Trade Center, which facilitate freight transportation and trade between the regions.

Links with ports in the Caspian region complement the overland transport network by providing access to maritime routes. The conference of heads of ports of CICA member states, held in Baku in September, focused on coordinating maritime, rail, and road transportation, cargo handling, and cooperation among operators.

The transport agenda is closely linked to ongoing work within the CIS aimed at harmonizing technical requirements, ensuring mutual recognition of conformity assessment results, and eliminating non-tariff barriers. Electronic document management helps reduce the time required for cargo clearance and control procedures.

Direct ties between regions and businesses facilitate the identification of partners and platforms for joint projects involving technology transfer, industrial automation, and the development of new materials. Strengthening such ties was a key focus of the First CIS Forum of Regions held in Tashkent in 2025. The CICA Business Council provides additional opportunities for business engagement by promoting cooperation among business associations of CICA member states.

At the CIS Innovative Industry Forum held in Tashkent in April 2026, participants discussed the application of artificial intelligence and cooperation between science and industry.

For small and medium-sized enterprises, participation in such value chains creates opportunities to manufacture components and provide specialized services to large industrial enterprises.

The preparation of joint projects also requires coordination of financing sources. The CICA Financial Summit serves as an additional platform for engagement with relevant national institutions. Its first meeting was held in Astana on 8 September 2026. Its consultative agenda covers development finance, investment cooperation, and digital solutions. For Uzbekistan, this provides an opportunity to present initiatives in logistics, energy, and industry to potential investors and discuss the terms and conditions for their implementation.

Participation in multilateral formats enables Uzbekistan to build on established partnerships when entering new markets and preparing joint projects. The economic impact of such cooperation is reflected in the establishment of new production facilities, long-term export contracts, and an increase in the value added generated in Uzbekistan.

 

The Termez Dialogue: A New Regional Architecture of Connectivity between Central and South Asia
The Termez Dialogue: A New Regional Architecture of Connectivity between Central and South Asia

The contemporary system of international relations is being shaped by rapid geopolitical changes, growing fragmentation, disruptions in transport and supply chains, climate change, and increasing risks to food and energy security. Under these conditions, trust, dialogue and practical cooperation among states are becoming more important than ever. For Central and South Asia — two historically interconnected regions with significant yet not fully realized potential — connectivity has acquired not only economic, but also strategic, political and civilizational significance.

The initiative to strengthen connectivity between Central and South Asia, advanced by President of the Republic of Uzbekistan Shavkat Mirziyoyev, represents a timely response to this historical and geopolitical demand. Its core idea is that security cannot be ensured solely through military or political instruments. It must also be built through economic development, transport corridors, trade links, education, culture and human capital. In this sense, development is not merely a consequence of security; rather, it is one of its fundamental preconditions.

This approach gained institutional form in July 2021, when Tashkent hosted the high-level international conference “Central and South Asia: Regional Connectivity. Challenges and Opportunities” at the initiative of President Shavkat Mirziyoyev. The forum created an important political and expert platform for advancing interregional cooperation. Its international recognition was further demonstrated in 2022, when the United Nations General Assembly adopted the resolution “Strengthening Connectivity between Central and South Asia.” Initiated by the President of Uzbekistan and supported by more than 40 states, the resolution confirmed that Uzbekistan’s vision has significance not only at the national or regional level, but also for the wider international community.

The Termez Dialogue is a practical continuation of this diplomatic and intellectual process. Launched in May 2025, it has emerged as a permanent platform aimed at creating a stable, systematic and practice-oriented environment for cooperation between Central and South Asia. Its first meeting attracted considerable attention from the international expert community due to its broad participation, multilateral format and applied focus. The growing interest in this initiative was also reflected in the organization of a separate session on the Termez Dialogue during the Doha Forum in December 2025.

The second meeting of the Termez Dialogue, scheduled for 4–6 June 2026 in Tashkent, Termez and Samarkand, is expected to mark a new stage in the development of this platform. The main emphasis will shift from general conceptual discussions to the identification of specific priorities and practical mechanisms. In other words, the Dialogue is intended not only to exchange views, but also to generate concrete outcomes in political dialogue, economic connectivity, transport and logistics, climate adaptation, and cultural-humanitarian cooperation.

One of the key features of the Termez Dialogue is that it reflects Uzbekistan’s proactive, pragmatic and open foreign policy. Uzbekistan does not position itself as a state forced to choose between competing blocs, but rather as a reliable platform for dialogue among different regions, markets and civilizations. In this regard, the Termez Dialogue forms part of a broader system of initiatives, including the Fergana Peace Forum, the Samarkand Climate Forum, the Samarkand Solidarity Initiative, and proposals within the Shanghai Cooperation Organization on good-neighbourliness, trust and cross-border partnership.

Transport and logistics remain among the most important dimensions of connectivity between Central and South Asia. The countries of Central Asia are landlocked and therefore face structural limitations in accessing global markets. Diversifying transport routes, reducing logistics costs and facilitating access to external markets are essential for the region’s long-term economic development. According to available estimates, the level of transport connectivity of Central Asian states with external markets is around 60 per cent, while in the European Union and ASEAN countries it exceeds 95 per cent. In some cases, transport costs in Central Asia may reach up to 50 per cent of the final value of goods, which is several times higher than the global average.

In this context, the Trans-Afghan Corridor has strategic importance. It can provide Central Asian states with the shortest access to the ports of the Indian Ocean and link South Asia with the markets of Central Asia, Russia, China and Europe. This project is not limited to railway construction or transport infrastructure. It is also an instrument of regional economic integration, Afghanistan’s involvement in peaceful development processes, and the formation of a new trade architecture in Eurasia. Through this approach, Uzbekistan seeks to transform its geographical constraints into logistical advantages.

Afghanistan occupies a special place in this process. It is a natural land bridge connecting Central and South Asia. Uzbekistan’s policy toward Afghanistan is consistent and practical. Since 2021, Uzbekistan has sent 15 humanitarian convoys to Afghanistan, delivering more than 13,000 tons of humanitarian assistance. At the same time, bilateral trade and economic relations have been developing dynamically. In 2025, trade turnover between Uzbekistan and Afghanistan reached 1.7 billion US dollars, which is 55 per cent higher than the previous year. These figures demonstrate that Uzbekistan views Afghanistan not as a source of problems, but as an important participant in regional development and stability.

The choice of Termez as one of the central locations of this initiative is also highly symbolic. Historically, Termez has been a meeting point of trade, culture, science and religious traditions between Central and South Asia. The city played an important role in the history of Bactria, the Kushan Empire, the Great Silk Road and wider civilizational exchange. Today, Termez is becoming Uzbekistan’s southern gateway and a modern centre of practical cooperation with Afghanistan and South Asia.

There are concrete examples of this transformation. The Termez International Trade Centre, opened on 29 August 2024, covers 36 hectares and is located only 500 metres from the border with Afghanistan. A 15-day visa-free regime has been introduced within the centre. Its infrastructure includes more than 3,000 shops, customs facilities, banking services, public service centres and export-oriented platforms. The annual export potential of products represented in the trade zone is estimated at 1.2 billion US dollars. More than 1,000 local residents and about 140 Afghan citizens are employed there. This shows that connectivity is not an abstract political slogan, but a practical reality linked to jobs, exports, services and human livelihoods.

Another important example is the Termez Cargo Centre, an international transport and logistics hub operating since 2016. Located near the intersection of Afghanistan, Tajikistan and Turkmenistan, the centre has been used since 2021 by the United Nations World Food Programme and the Office of the United Nations High Commissioner for Refugees for delivering humanitarian cargo to Afghanistan. Thus, Termez is becoming not only a trade and logistics hub, but also an important point of humanitarian diplomacy.

The Educational Centre for Afghan Citizens, established in Termez in 2018, also reflects Uzbekistan’s long-term investment in human capital. The centre provides education for Afghan youth in 17 higher education fields and 16 vocational and secondary-specialized areas. Since its establishment, more than 800 Afghan citizens have studied there, including 200 girls and women. These figures demonstrate the importance of education and professional training in stabilizing Afghanistan. Peace is strengthened not only through political agreements, but also through an educated, skilled and socially active generation.

Another important dimension of the Termez Dialogue is climate and environmental sustainability. Central and South Asia are among the regions most affected by the consequences of climate change. Water scarcity, desertification, soil degradation, air pollution, glacier melting and natural disasters are not only national challenges, but also transboundary problems. Therefore, climate adaptation, rational use of water resources, early warning systems and the exchange of digital hydrological data should become integral components of cooperation between the two regions.

Uzbekistan is taking an active role in this field as well. The Samarkand Climate Forum, regional climate summits, the Green Agenda, the regional strategy for climate adaptation and environmental protection programmes are important steps in this direction. These initiatives show that Central Asia is no longer merely a region affected by environmental problems; it is increasingly becoming an active regional actor proposing practical solutions.

Cultural and humanitarian cooperation forms one of the deepest foundations of interregional connectivity. The peoples of Central and South Asia have been linked for centuries through shared history, trade routes, science, culture and spirituality. Today, the demographic potential of the two regions also creates major opportunities: more than 60 per cent of the population is under the age of 30. This opens broad prospects for cooperation in education, science, academic exchange, innovation and human capital development.

From this perspective, the Termez Dialogue is not only a meeting of diplomats and experts. It should also serve as a platform that opens new opportunities for young people, scholars, entrepreneurs, educational institutions, cultural actors and civil society representatives. Economic projects require trust, and trust requires closer ties, mutual understanding and cultural dialogue among peoples.

The planned visit to Samarkand also carries deep symbolic meaning. For centuries, Samarkand served as a centre of science, trade and diplomacy connecting East and West, Central and South Asia, the Middle East and Europe. The “Spirit of Samarkand” reflects openness, tolerance, dialogue and a commitment to shared development. In the diplomacy of President Shavkat Mirziyoyev, Samarkand has become a platform that connects Uzbekistan’s historical legacy with modern international initiatives.

In conclusion, the Termez Dialogue is not an ordinary international event aimed only at bringing Central and South Asia closer together. It is a strategic platform that reflects Uzbekistan’s new foreign policy thinking, regional responsibility and global initiative. Its foundation rests on three interconnected principles: trust through dialogue, cooperation through dialogue, and shared development through cooperation.

The international community is increasingly recognizing Uzbekistan’s efforts in this direction. The adoption of the UN General Assembly resolution, the support of more than 40 states, and the growing interest of international organizations, experts and regional partners in the Termez Dialogue clearly demonstrate this trend. Through this platform, Uzbekistan is building a new bridge of trust between Central and South Asia — a bridge strengthened by trade routes, railways, educational programmes, cultural ties and humanitarian initiatives.

Therefore, the Termez Dialogue should be viewed as an emerging architecture of interregional cooperation. It contributes to the formation of Central and South Asia not merely as neighbouring geographic spaces, but as a macro-region united by common interests, shared security and a common future. In this process, Uzbekistan acts as an initiator, organizer and reliable bridge between the two regions.

 

Sadullaev Qudrat Yusubbaevich
Chief Research Fellow of the Academy of Public Policy and Administration under the President of the Republic of Uzbekistan, Doctor of Law (DSc)

NEW OPPORTUNITIES IN HIGHER EDUCATION IN THE TURKIC STATES: A COMMON SPACE, SHARED GOALS
NEW OPPORTUNITIES IN HIGHER EDUCATION IN THE TURKIC STATES: A COMMON SPACE, SHARED GOALS

At a time when economic sectors are changing rapidly and digital technologies are penetrating every sphere of life, new challenges are emerging for education systems. Higher education must nurture a generation capable of developing ideas, making scientific discoveries and creating innovative solutions that contribute to the development of countries.

From this perspective, taking cooperation among the Turkic states in higher education, science and innovation to a new level is of particular importance. Our countries are united by a shared history, closely related cultures, spiritual values and traditions of mutual understanding.

The 13th Summit of the Organization of Turkic States, scheduled to take place in Ankara on 29–30 October this year, is also important for advancing this cooperation, strengthening mutual trust and identifying new opportunities for promising initiatives. On the eve of the summit, it is timely to reflect on the challenges facing higher education in the Turkic states, the opportunities available and the directions for future cooperation.

From a Shared History to Shared Development

The centuries-long history of the Turkic peoples is closely intertwined with the development of education, crafts, trade and cultural ties. Great thinkers, scholars and intellectuals from the Turkic world have made significant contributions to the development of world civilisation. Their scholarly legacy continues to serve as an outstanding example of the pursuit of knowledge, freedom of thought and enlightenment.

The task of today’s generation is not merely to preserve this rich heritage, but also to align it with the demands of modern development. To achieve this, it is important to expand links between educational institutions, create opportunities for young people to gain international experience, support cooperation among scholars and put research findings into practice.

Cooperation within the Organization of Turkic States can serve these objectives. Its effectiveness depends above all on clearly defining common goals, supporting them with practical programmes and consistently building on the results achieved.

In higher education, this approach covers several important areas. First, strengthening academic ties between universities can improve the quality of education and enhance research capacity. Second, exchanges of students and academic staff broaden young people’s horizons and help them acquire new knowledge and experience. Third, joint research projects make it possible to find solutions to shared challenges facing the Turkic states and to use available intellectual resources more effectively.

Most importantly, integration in education should promote mutually beneficial cooperation while taking into account each country’s national interests and distinctive characteristics.

Uzbekistan’s Path Towards a Turkic Education Space

Uzbekistan is paying particular attention to modernising higher education, expanding international cooperation and strengthening the integration of science and industry. Key priorities include aligning educational programmes with international requirements, training specialists in partnership with foreign universities, developing research activities and building modern infrastructure.

One initiative in this direction is the establishment of the International University of Turkic States. Established in Tashkent in accordance with Resolution No. PP–24 of the President of the Republic of Uzbekistan, dated 24 January 2025, “On Measures to Establish the International University of Turkic States”, the university is intended to expand multifaceted cooperation among the Turkic states in higher education, science, innovation and technology.

The university’s main objective is to train highly qualified and competitive specialists who meet the needs of the modern economy and international educational standards, as well as to develop joint academic and research projects.

In our view, the university’s significance goes beyond the establishment of a new educational institution. It creates new opportunities to bring together the scientific and intellectual potential of the Turkic states, strengthen practical links between their education systems and introduce international experience into the national educational environment.

In developing the university’s activities, particular attention is being paid to achieving practical outcomes from cooperation. These efforts include aligning educational programmes with partner universities, engaging foreign lecturers in the teaching process, establishing modern laboratories and organising students’ industrial placements through international cooperation.

This approach will help transform the university from a conventional educational institution into a modern academic environment that connects education, research and industry.

International Cooperation: Quality Education and New Opportunities

Cooperation with leading higher education institutions in Türkiye, Azerbaijan and Kazakhstan plays an important role in the work of the International University of Turkic States. This cooperation aims to develop academic fields, improve curricula, draw on the experience of academic staff and create new academic opportunities for students.

In the 2025/2026 academic year, specialist training began in five fields in cooperation with Turkish universities: medicine, computer engineering, electrical engineering, agricultural mechanisation and food technology.

Cooperation in these fields is being carried out with Hacettepe University, Middle East Technical University (METU), Istanbul Technical University (ITU) and Ege University in Türkiye.

The selected fields correspond to key needs of the modern economy. Training qualified medical professionals is essential for protecting public health and improving the quality of healthcare services. Computer and electrical engineering are key areas for the digital economy, industrial automation and the adoption of new technologies. Knowledge in agricultural mechanisation and food technology is directly linked to improving the efficiency of the agricultural sector, ensuring food security and using resources responsibly.

In the 2026/2027 academic year, the scope of cooperation is being expanded through new fields developed with universities in Azerbaijan and Kazakhstan. Five additional programmes are planned in petroleum and gas engineering, chemical engineering, the technology and engineering of geological exploration, telecommunications technologies, and international and comparative law.

Cooperation in this area involves the Azerbaijan State Oil and Industry University, Azerbaijan Technical University and Al-Farabi Kazakh National University.

Thus, the cooperation programmes planned for two academic years are expected to cover ten fields of study. This demonstrates the university’s commitment to bringing together the experience of different countries within a shared academic environment.

An important feature of this cooperation is that it goes beyond increasing the number of academic fields. It also involves aligning curricula and course syllabuses with international requirements, engaging foreign specialists in teaching, using digital learning resources and enabling students to take part in international placements.

These mechanisms lay the groundwork for updating educational content, reinforcing theoretical knowledge with practical skills and improving graduates’ competitiveness in the labour market.

Modern Infrastructure — The Foundation of Quality Education

The effectiveness of international cooperation is measured above all by how it is reflected in the educational process. This requires qualified educators, up-to-date curricula, research laboratories and infrastructure designed to develop students’ practical skills.

Practical work is under way in these areas at the International University of Turkic States. In March 2026, a clinical simulation and practical skills centre began operating for medical students. Equipped in line with the curricula and clinical standards of Hacettepe University, the centre enables students to practise emergency medical care, preliminary diagnosis and treatment procedures using modern simulators and robotic devices.

Such centres help ensure a close connection between theory and practice in the professional training of future doctors. Before entering a real clinical environment, students can strengthen their knowledge and skills by simulating a range of situations.

Modern computer laboratories and software platforms meeting current requirements have also been established in engineering and programming fields. Work to develop laboratory facilities for petroleum and gas, chemical and electrical engineering is continuing.

In addition, student accommodation, an information and resource centre, and co-working spaces have been provided for students and visiting international lecturers. These facilities are intended to create a comfortable environment for learning, independent research and teamwork on joint projects.

The launch of a digital learning platform at the university is another important step. It brings class schedules, learning materials, assessment processes and academic monitoring together in a single digital environment.

Today, digitalisation is not merely the introduction of technical tools; it is also a means of changing the culture of educational management, using data effectively and increasing transparency in the learning process.

Integrating Science and Industry

The potential of a modern higher education institution is determined not only by the knowledge delivered in classrooms, but also by its research, links with industry and ability to solve practical problems.

Demand for new technological solutions is growing across many sectors of the economy. The effective use of scientific advances in energy, the chemical industry, agriculture, telecommunications, medicine and information technology has become an important condition for competitiveness.

For this reason, cooperation among universities in the Turkic states should be strengthened through joint research, shared laboratories and the practical application of scientific developments. Bringing together each country’s research traditions, specialist expertise and existing infrastructure can lead to more substantial results.

The International University of Turkic States also faces the task of strengthening integration among education, fundamental science and enterprises in the real economy. Establishing targeted cooperation with economic sectors is important for improving students’ practical training, advancing research and helping graduates find employment.

In this regard, it is important to study employers’ workforce needs in advance, adapt educational programmes to those needs, organise industrial placements systematically and involve students in research projects.

Another promising area of scientific cooperation is artificial intelligence and digital innovation. Establishing joint centres of expertise in big data analytics, cybersecurity, digital governance and the use of intelligent systems could open up new opportunities for the Turkic states.

Issues such as climate change, the responsible use of water resources, food security and the development of renewable energy sources also require joint research by scholars from our countries. Many of these challenges transcend national borders. As a result, regional scientific cooperation is becoming increasingly important in finding solutions.

A Common Academic Space: New Opportunities for Students and Scholars

Academic mobility plays a particularly important role in deepening the integration of higher education among the Turkic states. Students studying in another country for a certain period, academic staff delivering lectures and researchers participating in joint projects all strengthen the exchange of knowledge and experience.

Effective academic mobility requires mutual recognition of learning outcomes, harmonised educational programmes, transparent assessment criteria and clear administrative procedures for students. These mechanisms make it easier for learners to continue their studies in another country on the basis of the knowledge they have acquired at home.

In this regard, promising priorities include developing academic mobility programmes among the Turkic states, expanding access to grants and scholarships, and increasing the number of joint degree programmes.

Joint degree programmes allow students to benefit from the academic experience of two countries. However, their success depends on carefully addressing issues such as the compatibility of educational content, quality assurance and recognition of graduates’ qualifications.

The International University of Turkic States is also focusing on aligning curricula with partner universities, involving foreign professors and organising student placements at partner institutions in Türkiye, Azerbaijan and Kazakhstan.

Going forward, expanding this experience, increasing exchange opportunities for students and young researchers, and supporting joint research projects could take educational ties among the Turkic states to a new level.

Another important priority is supporting young scholars and start-up initiatives. Research competitions, innovation projects and start-up accelerators that bring together students and researchers from different countries can help generate new ideas and turn them into practical solutions.

A Shared Goal: An Educated Generation and Sustainable Development

Today, the Turkic states face serious challenges alongside significant opportunities. Changes in the global economy, technological competition, environmental problems and new labour-market demands require education systems to be continually renewed.

In these circumstances, the greatest asset of our countries is human capital. Young people’s access to quality education, acquisition of modern professional skills, independent thinking and ability to generate new ideas will shape the future of our states.

Therefore, cooperation in higher education should not be viewed merely as a way to meet today’s demand for skilled workers. It is a strategic direction aimed at long-term development, strengthening scientific capacity and creating new opportunities for future generations.

Further developing cooperation within the Organization of Turkic States can strengthen ties between our universities, expand joint research and create conditions for young people to demonstrate their potential in an international academic environment.

The International University of Turkic States also serves these objectives. Cooperation with leading universities in Türkiye, Azerbaijan and Kazakhstan, educational programmes aligned with international requirements, modern laboratories and academic mobility opportunities are practical steps towards achieving them.

We are confident that the consistent development of mutually beneficial cooperation in education and science will further strengthen the intellectual potential of the Turkic states. This is important not only for our universities, but also for the innovative development of the entire region, its economic competitiveness and a sustainable future.

If our shared history brought us together in the past, shared knowledge, scientific research and worthy goals will bring our futures even closer. The new opportunities for higher education in the Turkic states lie precisely in this vision: enriching our common heritage with modern knowledge, uniting our intellectual potential and working together for shared development.

Bahodir Turaev,
Acting Rector of the International University of Turkic States

 

Uzbekistan and Belarus strengthen multifaceted partnership based on mutual trust and pragmatic cooperation
Uzbekistan and Belarus strengthen multifaceted partnership based on mutual trust and pragmatic cooperation

Official visit of the President of Uzbekistan to Belarus begins on July 8th

 

On July 8–9th, President of Uzbekistan will pay an official visit to Belarus.

Contemporary stage of Uzbek-Belarusian relations is characterized by steady positive dynamics and the sequential expansion of cooperation across a broad spectrum of dimensions.

Diplomatic relations between the two nations were established on January 21st, 1993. Embassy of Belarus in Tashkent has been operational since February 1994, while the Embassy of Uzbekistan in Minsk was established in October 2017 and commenced full-scale operations in March 2018. Over the intervening years, the sides have formulated a substantial legal and regulatory framework and accumulated significant experience of interaction in the political, economic and humanitarian spheres.

Legal and regulatory framework of Uzbek-Belarusian cooperation encompasses virtually all areas of bilateral interaction. Currently, 126 bilateral documents have been signed between Uzbekistan and Belarus, regulating cooperation in the fields of trade, investment, industrial cooperation, transport, education, culture, science, healthcare and interregional interaction.

Foundational document is the Treaty on the Principles of Interstate Relations, signed in Tashkent on November 6, 1991, which serves as the legal basis for the development of the Uzbek-Belarusian partnership and reaffirms the parties' commitment to the principles of sovereign equality, mutual respect and due consideration of mutual interests.

Political dialogue remains the key cornerstone of the Uzbek-Belarusian partnership. Regular contacts at the highest and high levels contribute to strengthening mutual trust and the sequential development of bilateral relations. From 1991 to 2026, President of Belarus Aleksandr Lukashenko, visited Uzbekistan six times, including official visits in 1994, 2018 and 2024. A significant milestone in the development of bilateral cooperation was marked by the official visit of the President of Uzbekistan to Belarus on July 31st – August 1st, 2019.

Intergovernmental cooperation constitutes an essential element of bilateral interaction. Between 2022 and 2026, a series of reciprocal visits by the Prime Ministers of Uzbekistan and Belarus took place, during which matters of trade and economic cooperation, industrial partnerships, logistics and the implementation of joint investment projects were discussed.

An important component of Uzbek-Belarusian interaction is inter-parliamentary cooperation, which in recent years has acquired a more systematic and practice-oriented character. A special place in the structure of inter-parliamentary cooperation is occupied by the Uzbek-Belarusian women's business forums, which have become an effective platform for the development of business contacts, support for entrepreneurial initiatives and the expansion of humanitarian ties.

Economic interaction remains one of the key areas of the Uzbek-Belarusian partnership and demonstrates a steady positive dynamic. Despite the complex international economic environment, the sides manage to consistently increase the volume of mutual trade, expand investment cooperation and strengthen industrial cooperation.

In recent years, trade turnover between Uzbekistan and Belarus has increased more than fivefold - from 181.7 million dollars in 2017 to a record 965 million dollars at the close of 2025. This positive dynamic persists in the current year. Following the results of January - April 2026, volume of reciprocal trade reached 340.4 million dollars, representing a nearly one-third increase compared to the same period last year.

Structure of mutual trade is characterized by a high degree of diversification. Belarus supplies Uzbekistan with food products, machinery and equipment, vehicles, chemical products, and raw materials, whereas Uzbekistan exports industrial and food commodities, finished products, services and processed goods.

Investment cooperation also makes a substantial contribution to the development of bilateral ties. Currently, 244 enterprises with the participation of Belarusian capital operate in Uzbekistan, while 229 companies with the participation of Uzbek business are functional in Belarus. In 2025, the volume of Belarusian investments attracted into the economy of Uzbekistan amounted to 104.4 million dollars. The coordination of economic interaction is ensured by the Intergovernmental Commission on Bilateral Cooperation, established in 2001.

An important factor in strengthening Uzbek-Belarusian relations is the development of direct ties between the regions of the two countries, which facilitates the translation of agreements reached at the political level into concrete economic, investment and humanitarian projects.

Since 2017, more than forty mutual visits of regional delegations from Uzbekistan and Belarus have taken place. Active exchange of visits facilitates the expansion of contacts between local authorities, business circles and public organizations. A special place in the development of interregional cooperation is occupied by the Forums of Regions, which are traditionally held within the framework of official visits of the heads of state and are accompanied by national exhibitions, presentations of investment potential and the signing of cooperation agreements.

Cultural and humanitarian cooperation remains one of the important areas of the bilateral agenda, contributing to the strengthening of friendship, mutual understanding, and the expansion of educational, scientific and cultural exchanges.

Cultural exchanges represent a significant direction of cooperation. Creative groups from Belarus regularly participate in the “Sharq Taronalari” International Music Festival in Uzbekistan, while representatives of Uzbek culture perform at Belarusian venues, including the “Slavianski Bazaar in Vitebsk” International Festival of Arts. Days of Culture of the two countries are regularly held on a mutual basis.

Monuments dedicated to prominent figures of the two nations hold symbolic value for strengthening cultural ties. In 2018, a bust of the classic of Belarusian literature Yakub Kolas was unveiled in Tashkent, and in 2019, a monument to the great Uzbek poet and thinker Alisher Navoi was installed in Minsk, serving as a clear testament to the mutual respect for the historical and cultural heritage of both states.

Cooperation in the field of education and professional training is developing dynamically. An important step was the establishment of the Belarusian-Uzbek Intersectoral Institute of Applied Technical Qualifications in Tashkent. Double-degree programs are being implemented between the universities of the two countries, while forums of rectors of engineering and technical universities, along with professional and educational forums, facilitate the expansion of academic interaction and the conclusion of cooperation agreements between educational institutions.

Cooperation in the fields of science, cinematography, and tourism is expanding. Days of Uzbek Cinema are regularly held in Belarus, and Days of Belarusian Cinema in Uzbekistan, with representatives from both countries participating in international film festivals. Interaction between tourism organizations is also growing, including within the framework of specialized forums and presentations of the tourism potential of both states.

Cooperation in the field of healthcare is an intensively developing area of bilateral interaction. In 2023, the first medical forum “Healthcare and Medical Education Days Uzbekistan – Belarus” took place, resulting in the signing of more than 120 agreements aimed at expanding partnerships between medical institutions, exchanging experience and implementing modern technologies.

Belarusian diaspora living in Uzbekistan plays a special role in strengthening humanitarian ties. Today, there are approximately 18 thousand ethnic Belarusians in the country. A significant contribution to the preservation of national culture and the development of public diplomacy is made by the “Svitanak” Belarusian Cultural Center in Tashkent and the Belarusian Cultural Center in Angren.

Thus, Uzbek-Belarusian relations are characterized by steady development across key areas of interaction. The high level of political dialogue, expansion of trade and economic cooperation, development of interregional ties, and humanitarian interaction create a solid foundation for the further deepening of a partnership that meets the long-term interests of both countries.

Dunyo IA

Uzbekistan – OTS: Cooperation on the Path of Sustainable Development and Progress
Uzbekistan – OTS: Cooperation on the Path of Sustainable Development and Progress

President of Uzbekistan Shavkat Mirziyoyev arrived in the Azerbaijani city of Gabala to participate in the summit of the Organization of Turkic States (OTS).

 

Due to its geographical position, historical ties, and natural resources, the Organization of Turkic States is becoming an increasingly significant platform for cooperation at this new stage of development. At the same time, OTS serves as a cultural bridge, fostering closer ties between the peoples of its member countries.

The Organization is based on the principles of equality and mutual interest, non-interference in internal affairs, and respect for the sovereignty of states - principles widely recognized by the international community.

The OTS comprises five member states: Azerbaijan, Kazakhstan, Kyrgyzstan, Turkiye, and Uzbekistan. Hungary, Turkmenistan, and the Economic Cooperation Organization hold observer status.

The current name of the Organization was introduced on November 12, 2021, at the initiative of the President of Uzbekistan. Previously, it was known as the Cooperation Council of Turkic Speaking States.

The primary goal of the OTS is to strengthen trust and multifaceted ties among the brotherly nations, to promote cooperation in trade, economy, energy, transport, tourism, cultural and humanitarian spheres, and to coordinate efforts to ensure peace and security in the region.

The conceptual foundation for achieving these objectives is the “Turkic Vision – 2040” program, adopted following the Eighth Summit of Heads of State held in Istanbul in November 2021.

For Uzbekistan, which joined the Organization in 2019, participation has become an important step not only in strengthening economic and political ties but also in preserving and developing the shared cultural identity of the Turkic world.

Uzbekistan chaired the OTS in 2022–2023, beginning with the Samarkand Summit in November 2022 under the motto “A New Era of Turkic Civilization: Towards Common Development and Prosperity”.

During its chairmanship, more than 100 events were held, and new platforms for practical cooperation were created. Uzbekistan pursued an open, inclusive, and diverse model of interaction, embracing various regions and civilizations.

The adoption of the “OTS Strategy for 2022–2026” at the Samarkand Summit became a major milestone. This document marked the first roadmap for the implementation of the “Turkic Vision – 2040” concept.

President Shavkat Mirziyoyev has actively participated in OTS summits since Uzbekistan joined the Organization. In particular, he took part in the meetings of the Council of Heads of State on November 6, 2024, in Bishkek and May 21, 2025, in Budapest.

These meetings focused on the current state and future prospects of multilateral cooperation, as well as key issues of practical partnership.

In his address at the informal summit in Budapest, the President emphasized the complexity of today’s geopolitical and geo-economic situation, the intensification of regional conflicts, and the impact of climate change.

He stressed the importance of resolving international issues based on international law and the UN Charter, and the need for common positions and coordinated approaches among member states.

Speaking about the development of practical cooperation within the OTS, the President noted the enormous untapped potential and put forward several new initiatives.

Particular importance is attached to Uzbekistan’s proposal to sign a Treaty on Strategic Partnership, Eternal Friendship, and Brotherhood among the Turkic States, which would represent a significant step toward deeper unity and the creation of a long-term legal foundation for multilateral cooperation.

“Last year, we proposed developing a treaty on strategic partnership, eternal friendship, and brotherhood among the Turkic states. Today, the significance of this document is growing. Undoubtedly, it will promote further unity among our peoples and solidify the long-term legal framework for multilateral cooperation. I propose signing this document at the summit in Baku”, - the President stated.

Since 2019, President Shavkat Mirziyoyev has put forward 98 practical initiatives at OTS summits aimed at advancing multilateral cooperation. More than 70 have already been implemented, and about 30 are in the process of realization.

For Uzbekistan, the main priority within the OTS is the economy. The country is currently focused on boosting exports, attracting investment, creating jobs, addressing unemployment, and reducing poverty. All these goals are closely tied to global economic integration, where the OTS format can support further coordination and development of production chains.

The total area of the OTS member states is approximately 4.2 million square kilometers, with a combined population of over 170 million - representing vast opportunities and a substantial market.

Under existing agreements, the OTS is viewed as an effective mechanism for regional cooperation with great integrative potential. Trade and economic indicators between member states are growing every year.

Today, OTS countries collectively rank third - after China and Russia - among Uzbekistan’s external trade partners. In 2024, mutual trade volume reached nearly $10 billion, accounting for about 15% of the country's total foreign trade.

Trade relations with Kazakhstan - Uzbekistan’s largest trade partner within the OTS - and Turkiye - the second largest - are showing particularly strong growth. By the end of 2024, trade turnover with Kazakhstan reached $4.28 billion, and with Turkiye, $2.9 billion.

Trade with Azerbaijan also continues to show positive dynamics. Notably, mutual trade volumes with OTS partners are setting new records each year.

Uzbekistan’s key exports to OTS markets include textiles, electrical products, automobiles, fruits and vegetables, and non-ferrous metals. Imports from OTS countries consist of rolled metal, aluminum, mechanical tools, construction materials, petroleum products, and a significant portion of grain and other food items.

To maintain and accelerate this positive trend, it is crucial to implement President Shavkat Mirziyoyev’s initiatives, including the creation of the “TURK-TRADE” online platform to facilitate and speed up trade operations, and the adoption of a Program of Practical Measures to Expand Trade aimed at increasing mutual trade volumes.

Industrial cooperation is also a vital area. Uzbekistan is actively supporting the development of this sector and promoting the establishment of new enterprises with capital from OTS countries. This year, the number of such enterprises is expected to reach approximately 4 thousand, representing a 60% increase compared to 2019. Their share in the total number of foreign-capital enterprises in Uzbekistan is projected to reach approximately 20%.

Transport cooperation is receiving special attention. OTS countries are steadily increasing their role in global transit. In 2024, freight traffic through the Middle Corridor reached 4.5 million tons - almost six times more than in 2020. This growth underscores the strategic importance of infrastructure projects like the China–Kyrgyzstan–Uzbekistan railway.

Member countries are also working to ensure secure and reliable transport and energy corridors across the Caucasus and Central Asia. These efforts not only facilitate trade expansion but also contribute to economic independence and regional prosperity.

Uzbekistan is actively involved in cultural and historical heritage preservation and promotion. In education, the country supports student and scholar exchange programs, strengthens cooperation between universities and research centers of Turkic states, and promotes joint academic initiatives and knowledge-sharing platforms. Key areas of Uzbekistan’s proposals also include projects in energy and environmental protection.

In conclusion, President Shavkat Mirziyoyev's participation in the OTS summit in Azerbaijan will be another important step in advancing forward-looking initiatives for the development of the Turkic world and strengthening peace and stability in the region. This visit will also serve as a new impetus for the consolidation of unity and the enhancement of the well-being of the peoples of the Turkic states.

 

 

“Dunyo” IA

Uzbekistan and Azerbaijan strengthen economic partnership
Uzbekistan and Azerbaijan strengthen economic partnership

Economic relations between Uzbekistan and Azerbaijan have been steadily developing in recent years, forming a model of mutually beneficial and sustainable partnership. The introduction of a free trade regime between the two countries has strengthened the institutional foundation of this cooperation and contributes to the expansion of trade and investment ties.

Institutional Cooperation: Systematic and Continuous Dialogue

Intergovernmental institutions play an important role in the development of economic relations. In particular, within the framework of the Intergovernmental Commission, which has been operating since 1998, 14 meetings have been held, with the most recent one taking place in June 2025 in Baku. Within this platform, issues of trade, investment, and industrial cooperation are discussed on a systematic basis.

In addition, three “Uzbekistan–Azerbaijan Regional Forums” have been organized to promote interregional cooperation, and the fourth forum is planned for 2026, which indicates the continued expansion of bilateral relations.

The Uzbekistan–Azerbaijan Business Council, established in 2020, also serves as an important mechanism for enhancing economic cooperation by strengthening interaction between business communities.

Trade Turnover: Strong Growth Dynamics

The dynamics of trade turnover between the two countries demonstrate a positive trend. According to the results of 2025, total trade turnover amounted to USD 307.3 million, increasing by 14.6% compared to the previous year.

Exports reached USD 227.3 million, growing by 7.8%, while imports amounted to USD 80 million, showing a significant increase of 39.3%. This indicates a balanced and diversified development of trade relations.

In the first quarter of 2026, growth rates accelerated further: trade turnover reached USD 80.1 million, increasing by 42.5%. These figures confirm the strong momentum in the development of economic ties between the two countries.

Export Structure: Diversification and New Opportunities

In 2025, exports from Uzbekistan to Azerbaijan increased across 230 product categories. Particularly strong growth was observed in tobacco products, copper wire, grapes, nuts, household appliances, and petroleum products.

At the same time, exports were carried out in 116 new product categories totaling USD 7.8 million, which reflects the ongoing expansion of trade relations between the two countries. This plays an important role in diversifying the export structure and broadening the range of goods.

Imports: Mutually Beneficial Cooperation

Significant growth has also been observed in imports. In 2025, import volume increased by 39.3%, reaching USD 80 million. The main growth was driven by sugar, aluminum, metal pipes, and petroleum products.

This indicates the growing importance of Azerbaijan in supplying Uzbekistan’s economy with essential raw materials and industrial resources.

Transport and Logistics: Strategic Connectivity

Another key area of cooperation is transport and logistics. In 2025, total cargo transportation volume reached 154.3 thousand tons, increasing by 28.3%.

In the first quarter of 2026, this figure rose by 88% to 58.7 thousand tons. The increase in transportation volumes by rail, road, and air reflects the strengthening of logistics chains between the two countries.

The growth in transit cargo transportation (1.4 times in 2025) further enhances the strategic role of Uzbekistan and Azerbaijan in regional transport corridors.

In addition, the operation of 14 regular weekly flights on the Tashkent–Baku route demonstrates a high level of transport connectivity between the two countries.

The above analysis demonstrates that economic relations between Uzbekistan and Azerbaijan are steadily developing at a high pace. The presence of institutional cooperation mechanisms, sustained growth in trade turnover, diversification of export and import structures, and the expansion of transport links significantly enhance the strategic importance of this partnership.