President Shavkat Mirziyoyev familiarized himself with the proposals on improving the quality of pre-school and school education and the system of professional development of teachers.

Students' interest in subjects and their academic performance largely depend on the knowledge and skill of teachers. Therefore, necessary conditions are being created for teachers' professional development and the system of knowledge assessment is being improved.

The responsible persons reported on the developed proposals in this sphere.

It was noted that a new certification system based on advanced technologies has been introduced. More than 190 thousand teachers took part in it, 51 thousand teachers were promoted to the new category based on the results.

It was emphasized that it is necessary to constantly stimulate the increase in the number of professional and self-educated teachers in schools.

It was proposed to increase the salaries of teachers with the highest and first qualification category from September 2025.

It was instructed to develop and implement a separate professional development program for teachers who have not been certified and do not have sufficient experience.

In this process, it is necessary to make full use of the possibilities of professional development centers and teacher training colleges. To this end, based on the experience of the Presidential Schools, a system of professional development for the heads and teachers of kindergartens and schools will be organized at the Abdullah Avloni National Research Institute with a frequency of every 5 years.

A task has been set to transfer 11 pedagogical colleges in the regions under the authority of the Centers of Professional Development and attract trainers from abroad.

It was informed that kindergartens and schools, technical schools and "Barkamol Avlod" school will be established on the basis of teacher training colleges with low workload.

In order to disseminate best practices, the evaluation system of Presidential Schools was introduced in 500 schools last year. As a result, student achievement in these schools increased from 53 percent to 59 percent. A bonus of up to 40 percent has been set for school leaders and teachers of high-performing schools.

In this regard, starting from the new school year, this evaluation system will be applied in another 1,000 schools. They will be assigned to 182 specialized schools and 500 schools that have tested the system.

Also 270 schools will be equipped with interactive whiteboards, 365 schools will be provided with computer classes.

The presentation also considered a proposal to establish the National Institute of Pedagogy of Education on the basis of the Research Institute of Pedagogical Sciences of Uzbekistan named after Kary-Niyazi. The new institute will be entrusted with the tasks of strengthening makhalla-parents-school cooperation, creating educational literature for parents and children, and scientific research of didactic views of the Jadids. Activity of the Academic Council on 5 specialties will be organized, as well as training of personnel in master's and doctoral studies.

In addition, the issues of introducing international methods in the schools of sportsmanship of Bakhodir Jalolov and Oksana Chusovitina, improving the quality of education and training were touched upon.

The head of state gave instructions on improving the quality of teachers' training, organizing a fair system of evaluation and incentives.

Shifting international supply chains and expanding trade in Asia are driving demand for sustainable transport routes. For businesses, predictable delivery times, competitive rates, and reliable access to foreign markets are becoming increasingly important. Against this backdrop, the Trans-Caspian International Transport Corridor – linking China and Central Asia to Turkey and Europe via the Caspian Sea and the South Caucasus – is emerging as a key area for regional cooperation.

For landlocked Uzbekistan, developing this corridor is part of a broader policy to diversify foreign trade routes. The country’s participation not only expands the cargo volume along this route but also strengthens transport links between Asian nations. A primary objective is to establish a seamless logistics chain that ensures effective coordination between rail, road, and maritime transport.

The route’s growing importance is evidenced by the rise in the volume of Uzbek cargo shipments. By the end of 2025, this volume reached 1.2 million tonnes – a twofold increase over the past five years. The share of the "Middle Corridor" in Uzbekistan’s freight trade with the European Union rose from 12 percent in 2021 to 28 percent in 2025. This demonstrates the route's gradual integration into the logistics chains of domestic businesses.

The CASCA+ international multimodal route serves as a key cooperation mechanism, linking the Asia-Pacific region to Europe via China, Kyrgyzstan, Uzbekistan, Turkmenistan, Azerbaijan, Georgia, and Turkey. Within this framework, railway authorities coordinate transport terms and offer tariff discounts that reach up to 70 percent on certain segments. Future efforts will focus on ensuring regular shipments, synchronizing schedules, and expanding container transport.

New Railway Links

The China – Kyrgyzstan – Uzbekistan railway holds strategic importance for the development of the Trans-Caspian Corridor. Integrating this line with Central Asia’s transport network and Caspian ports will establish an additional route between China and Europe via Uzbekistan. This will create opportunities to boost transit volumes, develop logistics services, and expand industrial cooperation among the region's states.

Looking ahead, advancing the Uzbekistan – Afghanistan – Pakistan railway project and linking it with the Trans-Caspian route could strengthen connections between South Asia, Central Asia, and the South Caucasus. The interplay of these routes lays the foundation for developing transport along both East – West and North – South axes.

Particular attention is being paid to Uzbekistan’s potential participation in developing the Nakhchivan railway route. This project offers a promising way to expand cargo delivery options via the South Caucasus to Turkey and, subsequently, to Europe. Defining the format of participation involves assessing potential cargo flows, economic viability, and integration with existing routes. Developing this corridor could provide greater flexibility in selecting transport routes within the Trans-Caspian network.

Ferry Service and Logistics Center in Poti

Maritime transport across the Caspian Sea remains a key link in the corridor. Vessel availability, port coordination, and the timely arrival of ground transport directly impact overall delivery times. Therefore, expanding maritime capacity must be accompanied by more frequent and reliable service.

In this regard, Uzbekistan is working with Azerbaijani partners to procure two ferries for Caspian Sea operations. These additional vessels aim to reduce cargo waiting times at ports and enable more precise delivery planning. Project planning takes into account technical specifications, port infrastructure, and operational cost-effectiveness. For national exporters, regular service is particularly crucial when transporting perishable goods and fulfilling contracts with fixed delivery deadlines.

Another practical initiative involves establishing a logistics center near the port of Poti in Georgia. Uzbekistan is leasing a four-hectare site for the facility's construction. The project includes plans for standard and refrigerated warehouses to handle export-import cargo, including fruit and vegetable products.

The center will facilitate the storage, accumulation, and consolidation of cargo shipments for subsequent transport across the Black Sea. This will provide national exporters with new opportunities to organize shipments to European markets, while allowing freight forwarding companies to expand their service offerings. Thus, the Poti facility, the additional ferries, and the Nakhchivan railway route complement one another, strengthening various segments of the integrated transport chain.

Digitalization and Harmonized Procedures

Infrastructure development must be accompanied by the removal of administrative barriers. The need to resubmit information, inconsistent document requirements, and lengthy border processing times reduce transport efficiency. Creating a seamless corridor requires the interoperability of information systems, the advance exchange of data, and the mutual recognition of electronic documents.

Uzbekistan is making a practical contribution through the development of "E-Permit," a system for the electronic exchange of international road transport permits. The experience gained lays the groundwork for expanding digital cooperation among the corridor's participating states. Also of great importance is the Agreement on the Unified TRACECA Transit Permit, signed on May 15, 2026, in Astana by Uzbekistan, Kazakhstan, Kyrgyzstan, Azerbaijan, and Ukraine. Once domestic procedures are completed and the agreement enters into force, it will enable transit operations to be carried out using a single, unified permit.

Future work will focus on developing electronic waybills (e-CMR and e-CIM/SMGS), harmonizing customs operations, and implementing electronic queuing systems. Shipment data must accompany the cargo during intermodal transfers, thereby minimizing data re-entry and accelerating processing times.

Uzbekistan views the development of the Trans-Caspian Corridor as a practical contribution to strengthening transport connectivity across Asia. New rail links, plans to acquire vessels, the establishment of a logistics center in Poti, and the digitalization of transport operations are expanding opportunities for trade and regional cooperation. The coordinated implementation of these initiatives will enhance supply reliability, reduce logistics costs, and strengthen ties between Asian and European markets.

Ildar Renatovich Yaushev

Chief Specialist, Department of the Center for the Study of Transport and Logistics Development Issues, Ministry of Transport of the Republic of Uzbekistan.

On November 18, the first session of the Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan after the elections was held in Tashkent.

It was attended by President of the Republic of Uzbekistan Shavkat Mirziyoyev.

The session was opened by Chairman of the Central Election Commission Zayniddin Nizamkhodzhaev.

The National Anthem of the Republic of Uzbekistan was played.

Temporary Secretariat of the first session, Counting Commission and temporary group on control over the use of electronic vote counting system were elected. The agenda was approved. The CEC Chairman presented information on the results of the elections to the Legislative Chamber.

On the proposal of the Council of Representatives of Political Parties, deputies elected Nuriddin Ismoilov to the post of Speaker of the Legislative Chamber of Oliy Majlis by secret ballot.

Then the chairmanship of the session passed to the Speaker. Deputy Speakers were elected. The factions of five political parties were registered. Ten committees of the Legislative Chamber were established in accordance with their agreed proposals.

President of Uzbekistan Shavkat Mirziyoyev addressed the session.

At the beginning of his speech, the Head of State congratulated the deputies on their election, emphasizing that this is the embodiment of high trust and respect of our people.

It was emphasized that the current parliamentary elections have entered the history as being the first ones held in accordance with the updated Constitution. This process was conducted for the first time under a mixed electoral system.

As a result of the elections, 150 deputies were elected to the Legislative Chamber. Among them were 57 women and 11 young people under 35 years of age. Overall, the composition of the lower house was renewed by almost 60 percent.

The activities of the Chamber over the past five years were discussed. During this period, the Constitution has been updated and more than 130 new laws have been adopted, which is 1.5 times more than in the previous period.

The President also drew attention to the issues that remained out of parliamentary attention. For example, the share of laws with direct action and clear enforcement mechanisms remains low. Parliamentary and deputy control is still not effective enough. The activity of deputies in constituencies is mostly limited to organizing meetings, answering complaints and questions.

The Head of State outlined his vision of the new tasks ahead of the Legislative Chamber.

In particular, it was proposed to create public councils under each committee with the participation of representatives of civil society to strengthen the dialogue.

It is important to establish not only control and requirements in the work of parliamentary committees, but also close cooperation with ministries. It is also necessary to strengthen party and fractional discipline.

The President emphasized that lawmaking, primarily, should be aimed at solving urgent problems of society, and put forward a number of legislative initiatives. Among them are the construction of modern residential buildings replacing outdated ones, guaranteeing the protection of citizens' funds allocated for housing construction, support for private education and investors in the energy sector, introduction of compulsory health insurance, creation of a legal framework for franchising, capital market and startups, and relations arising in the field of artificial intelligence.

In order to boost the opposition, it was proposed to increase the number of guaranteed rights of the parliamentary opposition from 3 to 6, including giving it the positions of one committee chairman and two deputy committee chairmen, as well as additional rights to submit questions within the framework of the “government hour” and parliamentary inquiries.

Particular attention was paid to the need to transition to a system of broad, high-quality parliamentary control. In particular, in accordance with the updated Constitution, the control over the execution of the State Budget is the exclusive competence of the Legislative Chamber. In this regard, it is necessary to strengthen the work of the Chamber in this direction, including the introduction of the practice of submitting all reports of the Government on the State Budget to the Chamber only together with the audit report provided for by the Budget Code.

- A deputy is a servant of the people, a model for all, a person with a high level of political culture and knowledge, who sincerely loves his homeland. Our people, all of us, above all rely on you to strengthen peace, mutual understanding and harmony in the family, mahalla and society, to educate the youth in the spirit of patriotism, to defend the interests of Uzbekistan in the international arena, - said Shavkat Mirziyoyev.

Heads of political party factions and deputies addressed the session. The President supported their views, urged the deputies to work harder and be closer to the people.

- The voice of a deputy is the voice of the people. If you consider every issue concerning the fate of the country and first of all see our hardworking, generous and noble people in front of you, if you act thinking not only about today, but also about peace and happiness of future generations, then our people will be satisfied with you, - emphasized the Head of State.

The Legislative Chamber of the Oliy Majlis adopted resolutions on the agenda.

Today, environmental protection and climate change have become one of the most promising and dynamic areas of strategic cooperation between Uzbekistan and Azerbaijan. Both countries have identified the transition to a green economy, climate change mitigation, biodiversity conservation, and the achievement of the Sustainable Development Goals as key priorities of their national development agendas. Consequently, environmental cooperation between the two countries has expanded steadily in recent years, not only at the bilateral level but also within regional and international frameworks.

Environmental cooperation between Uzbekistan and Azerbaijan is based on the Agreement on Cooperation in the Field of Environmental Protection, signed in Baku on 11 September 2008. To elevate bilateral cooperation to a new qualitative level, the two sides are currently drafting a new intergovernmental agreement on cooperation in the field of environmental protection. The agreement is expected to provide a solid institutional framework for harmonizing the environmental policies of both countries and facilitating the implementation of long-term joint initiatives.

In recent years, Uzbekistan and Azerbaijan have significantly strengthened cooperation through environmental diplomacy. In December 2023, during a meeting of ministers from the member states of the Economic Cooperation Organization (ECO), held on the sidelines of COP28 in Dubai, participants discussed the efficient use of natural resources, sustainable development, and the circular economy. The meeting marked an important milestone in advancing dialogue between the environmental authorities of the two countries.

A major step forward in bilateral environmental cooperation came in 2024 during COP29 in Baku. The first-ever meeting of environment ministers from the member states of the Organization of Turkic States was held at the Uzbekistan National Pavilion. The meeting concluded with the adoption of a declaration aimed at strengthening cooperation in the fields of ecology and environmental protection.

During COP29, the Asian Development Bank launched the regional From Glaciers to Farms programme. The initiative is designed to mitigate the impacts of glacier melt across Central Asia, the South Caucasus, and Pakistan, promote integrated water resources management, and enhance the resilience of agriculture and social infrastructure. The programme envisages mobilizing USD 3.5 billion in investments over the period 2025–2034.

Environmental cooperation extends well beyond intergovernmental dialogue. During 2023–2024, young environmental activists from Azerbaijan actively participated in the International Eco Camp held in Samarkand. The initiative promotes environmental awareness among young people, facilitates the exchange of experience and strengthens regional cooperation.

In 2024, a delegation from the Press Service of the Ministry of Ecology and Natural Resources of Azerbaijan visited Uzbekistan to learn about the work of the Press Service of the National Committee on Ecology and Climate Change. The visit took place within the framework of the First Uzbekistan–Azerbaijan Media Forum and contributed to the exchange of best practices in environmental communications.

In 2025, Mukhtar Babayev, Special Representative of the President of Azerbaijan and President of COP29, was among the first distinguished participants in the international conference "Central Asia in the Face of Global Climate Threats: Solidarity for Shared Prosperity," held in Samarkand. In 2026, a delegation from the National Committee on Ecology and Climate Change of Uzbekistan participated in a regional seminar organized in Baku by the United Nations Industrial Development Organization (UNIDO).

According to experts, several promising avenues exist for further deepening environmental cooperation between the two countries.

First, Azerbaijan has accumulated significant experience in air quality monitoring and the development of green infrastructure. Therefore, exchanging expertise in green urban development, improving ambient air quality and environmental monitoring would be mutually beneficial.

Second, expanding joint scientific research through Green University and promoting exchanges of faculty members and young researchers would further strengthen scientific capacity in the field of ecology and sustainable development.

Third, sharing best practices in the management of protected natural areas and national parks would facilitate the introduction of modern approaches to biodiversity conservation.

Fourth, the signing of a new intergovernmental agreement on environmental cooperation, together with the establishment of a joint working group to coordinate its implementation, would provide a systematic framework for further expanding bilateral cooperation.

Fifth, Azerbaijan's accession to the Convention on the Conservation of Migratory Species of Wild Animals would significantly strengthen regional cooperation in biodiversity conservation and the protection of migratory routes.

Environmental cooperation between Uzbekistan and Azerbaijan is gradually evolving into a comprehensive strategic partnership encompassing climate diplomacy, the green economy, environmental education, scientific research and regional initiatives. The anticipated signing of a new intergovernmental agreement, the expansion of scientific cooperation through Green University and the implementation of joint projects in green urban development, air quality monitoring and the management of protected natural areas are expected to elevate bilateral cooperation to a new level.

This partnership will make a meaningful contribution not only to strengthening the environmental security of Uzbekistan and Azerbaijan, but also to promoting sustainable development across the Turkic world and the wider regions of Central Asia and the South Caucasus.

President of Uzbekistan Shavkat Mirziyoyev will participate in the upcoming 13^th Summit of the Organization of Turkic States (OTS), which will be held in Ankara, Türkiye.

Ahead of the 13th Summit of the Organization of Turkic States, scheduled to be held in Ankara, economic cooperation within the OTS is acquiring new substance. Alongside trade and investment, industrial cooperation, transport corridors, digital infrastructure, artificial intelligence and co-financing mechanisms are emerging as practical areas of engagement. The preparation of the OTS Strategy for 2027–2031 further increases the economic significance of the Ankara meeting.

Today, the Organization of Turkic States covers a significant economic space connecting Central Asia, the South Caucasus and Türkiye with European markets. By the end of 2025, the combined nominal GDP of the OTS countries amounted to approximately $2.3 trillion, while their GDP at purchasing power parity exceeded $6.2 trillion. Their aggregate foreign trade turnover surpassed $1.2 trillion.

These figures indicate the presence of a large market for expanding economic cooperation. At the same time, the volume of mutual trade among the OTS countries remains limited relative to their overall economic potential. The next stage of cooperation is therefore increasingly focused on moving beyond the simple expansion of trade toward deeper industrial cooperation, lower transport costs and the financing of joint investment projects.

Differences in the economic structures of the OTS countries provide a foundation for such cooperation. Türkiye has a substantial manufacturing base in machinery, automotive production, electrical engineering, textiles and chemicals. Kazakhstan and Azerbaijan, in addition to their energy resources, hold significant positions in metallurgy and petrochemicals. Uzbekistan is developing its textile and garment industry, electrical engineering, automotive, chemical and food industries, as well as non-ferrous metallurgy. Kyrgyzstan’s capabilities in light industry and agriculture also provide an additional basis for expanding shared production chains.

In this context, the economic outcome of integration within the OTS will increasingly be determined not merely by the volume of mutual trade, but also by the extent to which enterprises in member countries become integrated into one another’s production chains.

Uzbekistan’s Trade with OTS Countries

For Uzbekistan, economic relations with the Turkic states have become an important component of foreign trade diversification.

In 2025, Uzbekistan’s total foreign trade turnover reached $81.2 billion, including $33.8 billion in exports and $47.4 billion in imports. Among the country’s major trading partners, turnover with Kazakhstan amounted to $5 billion, while trade with Türkiye reached $3 billion.

Kazakhstan and Türkiye alone account for roughly one-tenth of Uzbekistan’s total foreign trade. When economic relations with Kyrgyzstan, Turkmenistan, Azerbaijan and Hungary are also taken into account, the OTS space represents a distinct and sizeable regional market for Uzbekistan.

Exports have played an important role in recent trade growth. In 2025, Uzbekistan exported $1.5 billion worth of goods and services to Kazakhstan, $1.1 billion to Türkiye and $771.1 million to Kyrgyzstan.

The composition of trade also points to qualitative changes in economic relations. In 2025, industrial goods accounted for 28.2% of Uzbekistan’s exports to OTS countries, machinery and transport equipment for 19%, food products for 11.1%, chemical products for 10%, and services for 12.7%. On the import side, food products represented 22.8%, mineral fuels 20.3%, industrial goods 18.1%, and machinery and transport equipment 12.9%.

This structure highlights two important features. First, Uzbekistan’s exports to the OTS market are not limited to raw materials, with industrial goods, machinery and equipment accounting for a substantial share. Second, the presence of energy resources, industrial goods and equipment in imports indicates that mutual trade with OTS countries is also closely linked to domestic production processes.

For this reason, alongside trade turnover, the depth of industrial cooperation is becoming an increasingly important indicator of future economic relations.

Untapped Export Potential

Despite significant growth in trade, the available opportunities have yet to be fully utilized.

According to estimates by the Center for Economic Research and Reforms, Uzbekistan has the potential to increase exports to OTS countries by an additional $2.7 billion. The largest reserve is associated with the Turkish market, at $1.8 billion. Additional export potential is estimated at $500 million for Kazakhstan, $200 million for Hungary and $100 million for Kyrgyzstan.

Market size alone, however, is insufficient to ensure export growth. Product quality, mutual recognition of standards, certification procedures, transport costs, delivery times and access to trade finance all directly affect exporters’ competitiveness.

Opportunities are particularly substantial in agriculture and food products. The combined agricultural market of the OTS countries is estimated at around $72 billion. For Uzbekistan, promising export categories include fruit and vegetables, processed food products, textiles, electrical equipment, construction materials, mineral fertilizers, copper products and polymers.

The concentration of a large share of the export reserve in Türkiye and Kazakhstan is also economically significant. Türkiye offers both a sizeable domestic consumer market and access to European and Mediterranean markets. Kazakhstan, due to its geographical proximity, shared transport networks and production linkages within Central Asia, remains a natural partner for cooperation with Uzbek enterprises.

In this sense, realizing the $2.7 billion export reserve requires a coordinated approach across industrial, logistics and trade policies.

Investment Relations Are Becoming More Institutionalized

Alongside trade, investment flows from OTS countries into Uzbekistan have also increased substantially.

Between 2017 and 2025, investment attracted from OTS countries into Uzbekistan exceeded $11.5 billion. In 2025 alone, investment amounted to $3.8 billion. Türkiye was Uzbekistan’s largest investor among OTS countries, with $2.4 billion. Investment was concentrated primarily in manufacturing, energy, agriculture, construction and logistics.

As of April 2026, Uzbekistan was home to more than 4,500 enterprises with capital participation from OTS countries.

The growing number of such enterprises points to a qualitative shift in economic relations. A trade transaction ends once a product crosses the border, whereas direct investment creates longer-term links between economies through capital, technology, employment, local suppliers and export channels.

The expansion of joint industrial projects within the OTS can therefore provide an additional foundation for further growth in mutual trade.

For example, components produced in one country may be used to manufacture finished goods in another and subsequently exported to a third market. In such a case, trade statistics reflect an underlying integrated production chain. Differences in the specialization of the Turkic economies create opportunities for precisely this type of cooperation.

The Turkic Investment Fund as a New Financial Mechanism

One of the most significant institutional developments in the OTS economic architecture has been the transition of the Turkic Investment Fund to practical operations.

In 2025, its authorized capital was increased from $500 million to $600 million. Uzbekistan’s share amounts to $100 million.

The Fund’s economic significance is not limited to the size of its own capital. Its broader potential lies in using these resources to mobilize financing from other international financial institutions.

On 17 June 2026, the Turkic Investment Fund and the Islamic Corporation for the Development of the Private Sector, part of the Islamic Development Bank Group, signed an agreement on an Islamic co-financing program of up to $50 million. The program is intended to finance small and medium-sized enterprises through local financial institutions in Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye and Uzbekistan.

Another practical model emerged on 1 July. The Turkic Investment Fund signed an agreement to provide up to $10 million in financing to KMF Bank in Kazakhstan, while the European Bank for Reconstruction and Development committed up to $50 million. The combined resources are intended to expand lending to micro, small and medium-sized enterprises.

These two examples point to an emerging trend. Rather than functioning solely as an institution that directly allocates its own resources, the Fund could develop into a platform for mobilizing international financial resources for projects across the OTS region.

Such an approach could help mobilize investment substantially exceeding the Fund’s own $600 million capital base. This mechanism is particularly relevant for industrial cooperation, transport, energy, digital infrastructure and small business projects.

From a Transport Corridor to an Integrated Logistics System

Transport costs and delivery times remain another major factor affecting trade within the OTS region.

Because Central Asian countries lack direct access to seaports, logistics costs have a significant impact on export competitiveness. In this context, the Trans-Caspian International Transport Route — the Middle Corridor, which runs across the Caspian Sea through Azerbaijan, Georgia and Türkiye toward European markets — is becoming an important infrastructure component of economic cooperation within the OTS.

For Uzbekistan, the importance of this route is increasing with the construction of the China–Kyrgyzstan–Uzbekistan railway. Connecting the new railway with the Caspian route could expand Uzbekistan’s participation in the East–West logistics chain linking China, Central Asia, the Caucasus and Europe.

A modern transport corridor, however, consists of more than roads and railways. Border procedures, permits, customs declarations, consignment notes and cargo tracking systems also affect the time and cost of transportation.

Digitalization has therefore become an important component of OTS transport policy.

The e-Permit electronic permit system is being implemented among the organization’s member states. At the 9th Meeting of OTS Ministers of Transport, held in Bishkek on 23 April 2026, a memorandum was also signed on introducing the e-CMR electronic international consignment note.

At the May summit in Turkistan, the President of Uzbekistan noted that the E-Permit system had been fully launched with OTS member states and proposed linking the Middle Corridor with the China–Kyrgyzstan–Uzbekistan railway, developing a simplified customs corridor, and digitalizing data exchange and cargo tracking processes.

If these mechanisms are integrated into a single system, the OTS region could develop a logistics environment that facilitates both the physical movement of goods and the digital flow of accompanying documents and data.

The economic effects can be measured in concrete terms — shorter border crossing times, lower administrative costs and greater predictability of delivery schedules for exporters.

From Trade to Technological Connectivity

In 2026, another new dimension of OTS economic cooperation became increasingly visible.

On 15 May, the informal summit in Turkistan on “Artificial Intelligence and Digital Development” placed particular emphasis on digital infrastructure, innovative technologies and the practical application of artificial intelligence.

Uzbekistan proposed developing the concept of a “Digital Turkic Corridor”, aimed at connecting data centers across the region through high-speed communication channels.

Additional initiatives included the establishment of a strategic cooperation network in artificial intelligence, the organization of a Technology Forum in Tashkent and broader technological cooperation among participating countries.

There is a clear connection between transport and digital integration. While the Middle Corridor facilitates the movement of goods, the Digital Turkic Corridor could accelerate the movement of data.

As a result, two parallel types of infrastructure may develop across the OTS region — physical and digital.

The first encompasses roads and railways, ports, logistics centers and customs infrastructure. The second includes data centers, telecommunications networks, cloud computing, artificial intelligence infrastructure and digital services.

Their integration could support the expansion of e-commerce, digital logistics, fintech, cross-border services and digital production management.

The Institutional Framework for Economic Integration Is Expanding

Another feature of the changes taking place within the OTS is the emergence of permanent mechanisms for economic cooperation.

While cooperation previously relied largely on summits of heads of state, intergovernmental meetings and bilateral agreements, dedicated mechanisms are now taking shape in finance, transport and the digital economy.

The Turkic Investment Fund is establishing a mechanism for financing investment projects. E-Permit and e-CMR are digitalizing transport documentation. The Digital Turkic Corridor initiative is intended to connect information infrastructure across participating countries.

The economic value of these institutions lies primarily in their ability to complement one another.

The effectiveness of integration will therefore depend not only on reducing trade barriers, but also on developing the broader infrastructure that supports trade.

New Economic Opportunities for Uzbekistan

Developments within the OTS open several avenues for expanding Uzbekistan’s economic cooperation.

The first is access to larger export markets. The estimated $2.7 billion in additional export potential represents a significant reserve relative to existing trade flows.

The second is industrial cooperation. Türkiye’s industrial and technological base, the resources of Kazakhstan and Azerbaijan, and Uzbekistan’s labor resources and expanding manufacturing sector provide conditions for developing complementary production chains.

The third is transport geography. Connecting the China–Kyrgyzstan–Uzbekistan railway with the Middle Corridor could expand Uzbekistan’s transit and logistics opportunities along the East–West axis.

The fourth is access to capital. Co-financing mechanisms involving the Turkic Investment Fund and international financial institutions could provide new sources of financing for the private sector.

The fifth is the digital economy. Integration of data centers, artificial intelligence, e-commerce and digital transport documentation could create conditions for faster growth in trade in services.

At the same time, these opportunities will not automatically translate into economic outcomes. Turning the $2.7 billion export potential into actual exports requires addressing product standards, certification, logistics costs, financing and market access at the level of specific product categories.

Likewise, the economic efficiency of transport corridors should be assessed not by their length or the number of participating countries, but by indicators such as cargo delivery times, transport costs per tonne and waiting times at border crossings.

In investment cooperation, the volume of capital attracted should be considered alongside localization levels, the participation of domestic companies in supply chains, job creation and export revenues.

Ahead of the Ankara Summit

As of September 2026, preparations are under way for the 13th OTS Summit in Ankara. On 8 September, OTS Secretary General Kubanychbek Omuraliev and Turkish Foreign Minister Hakan Fidan discussed the organizational and substantive aspects of the summit as well as its expected outcomes.

The discussions also covered another important document — the OTS Strategy for 2027–2031, which is expected to define the organization’s strategic framework and priority areas for the coming period.

In this context, the Ankara Summit may become an important milestone for the next stage of economic cooperation within the OTS.

The trend of recent years is increasingly clear. While the initial emphasis was largely on expanding trade volumes, economic relations are now becoming more closely linked to investment, transport infrastructure, financial institutions and digital technologies.

For Uzbekistan, the next task is to translate the existing $2.7 billion in additional export potential into actual trade, expand joint production chains with OTS countries, reduce transport costs and use new financial mechanisms to support private-sector projects.

Accordingly, the criteria for assessing economic integration within the OTS are also evolving. Trade turnover and investment volumes remain important indicators, but they are increasingly complemented by delivery times, logistics costs, industrial cooperation, joint projects, digital services and mobilized private capital.

It is this transition — from trade in goods toward an interconnected system of production, transport, finance and digital infrastructure — that increasingly defines the new economic substance of cooperation among the Turkic states.

Latofat Burieva

Center for Economic Research and Reforms

Just a few years ago, Central Asia and the Caucasus were rarely considered major players in the global technology landscape. Today, that perception is rapidly changing. The region is steadily strengthening its position on the global innovation map, attracting international investors, technology companies, entrepreneurs, and venture capital.

What makes this transformation particularly remarkable is that the countries of the region are not developing as competitors, but as complementary innovation ecosystems. Each country is building on its own competitive strengths while contributing to a shared environment for innovation, knowledge exchange, investment, and cross-border collaboration.

A Region Evolving into a Unified Innovation Ecosystem

The progress made by Uzbekistan and Kazakhstan over the past few years illustrates this transformation particularly well. In 2026, Uzbekistan was named Country of the Year by StartupBlink, recognizing the country's remarkable startup ecosystem growth. Venture investments increased more than fivefold, the number of startups surpassed 1,200, and the country is now home to 22 venture capital funds managing over $200 million in combined assets.

Both Uzbekistan and Kazakhstan have prioritized building long-term innovation infrastructure. Each country has established its own Fund of Funds to accelerate venture investment and help startups scale internationally, while Kazakhstan's fund has reached a total capitalization of $1 billion.

Today, both countries have produced unicorn companies, developed globally recognized innovation institutions—including IT Park Uzbekistan and Astana Hub—and continue to earn the confidence of international investors.

From Bilateral Cooperation to a Regional Alliance

A major milestone in regional integration came with the launch of the Central Asian Innovation Hubs (CAIH) initiative in 2024 by IT Park Uzbekistan and Astana Hub. In 2025, IT Park Tajikistan joined the alliance, further expanding regional collaboration.

Since its establishment, dozens of startups from across the region have gained access to international markets in Europe and Asia through participation in major global events such as London Tech Week, GITEX Kazakhstan, and Digital Kazakhstan.

The alliance also established two international innovation hubs in 2025: Khan Tengri Innovation Hub in Shanghai and Tumar Innovation Hub in Dubai. Today, these hubs actively support startups in entering the U.S., European, Chinese, and Middle Eastern markets, facilitating investment opportunities while strengthening research and development capabilities.

Another important initiative has been the launch of joint Market Entry Programs. In 2025 alone, more than 50 startups expanded into international markets, including the United States, the UAE, China, and others. More than 20 startups also joined leading global acceleration programs, including Draper University Hero Training Program (6 startups), AlchemistX (10 startups), and the Silicon Valley Residency Program (6 startups).

Expanding Toward the Caucasus

Discussions are currently underway to bring Azerbaijan into this growing regional partnership, creating an integrated innovation ecosystem that connects Central Asia with the Caucasus.

One of the platforms where this collaboration is already taking shape is the international innovation summit INMerge. Over the past five years, the forum has evolved from a relatively small corporate gathering into one of the largest technology events in Central Eurasia. Today, INMerge brings together participants from Azerbaijan, Uzbekistan, Kazakhstan, Georgia, Türkiye, and many other countries to discuss artificial intelligence, venture capital, digital infrastructure, startup development, and international cooperation.

In 2026, INMerge expanded beyond Baku for the first time by launching its regional Roadshow format across major innovation hubs. One of its flagship destinations was Tashkent, underscoring Uzbekistan's growing role as a leading innovation hub in Central Eurasia.

For startups, events like INMerge represent far more than networking opportunities—they provide direct access to international investors, strategic partners, and new global markets.

Digital Startup Awards: A Gateway to the Global Stage

Another example of the region's growing integration is the Digital Startup Awards, an initiative launched by Uzbekistan to foster a more interconnected innovation ecosystem. The program brings together startup founders from eight countries across Central Asia, the Caucasus, and Mongolia, and has become one of the region's leading platforms for identifying high-potential technology ventures.

More than a competition, the Digital Startup Awards offers a comprehensive growth platform for founders looking to scale their businesses, strengthen entrepreneurial capabilities, expand internationally, and secure investment.

Interest in the program continues to grow. In 2025, the Digital Startup Awards reached a new milestone by receiving a record 1,025 applications from startups across Central Asia, the Caucasus, and Mongolia.

The initiative aims to identify promising technology companies, connect them with investors and strategic partners, support their international expansion, and deepen collaboration among regional innovation ecosystems. Through programs like these, talented founders gain opportunities to compete on the global stage, while Central Asia, the Caucasus, and Mongolia continue to strengthen their position as one of the world's most dynamic emerging innovation regions.

IT Park Uzbekistan

The text of the article is in Uzbek!

On the eve of the 34th anniversary of our country's independence, the Executive Board of the International Monetary Fund has finalised the 2025 consultations in accordance with Article IV of the IMF Agreement. The main conclusion on the essence of the ongoing reforms is positive prospects for Uzbekistan's economic development against the backdrop of continued progress in the transition to a market economy. According to the published document, economic indicators remain strong, including sustainable growth rates, reduction of the consolidated budget deficit, current account deficit and sufficient level of international reserves.

Successful and effective implementation of structural reforms, according to the Fund's specialists, allows us to conclude that the prospects are favourable. Against the background of a high degree of uncertainty in global trade policy, the IMF baseline scenario predicts that real GDP growth will remain stably high in the coming years. Such trends are the result of economic openness, industrialisation, active investment policy and support for the formation of export potential of promising industries.

The set of reforms and effectively implemented decisions is consistent with available internal resources and reserves for long-term sustainable development of the country and regions. The course towards irreversible market transformations makes it possible to skilfully combine the instruments of targeted state support and opportunities for entrepreneurial initiative on the way to building a New Uzbekistan.

In recent years, as a result of openness and growing confidence in our country, there has been a progressive increase in capital investment. In 2017-2024, the total volume of foreign investment absorbed exceeded $113 billion. Foreign direct investment and loans account for more than 80 per cent of them. Activity in attracting finance is observed in the leading industries and the fuel and energy complex, which has a corresponding impact on the acceleration of industrialisation processes in almost all regions.

Increasing investment cooperation with China, Russia, Germany, Turkey, Saudi Arabia, the Netherlands, the USA, the UK and other countries is becoming a source of attraction of advanced technological solutions and expertise, management methods, localisation of production and strengthening the export potential of promising industries and regions of Uzbekistan. Attracted resources are mainly invested in the technological re-equipment and modernisation of existing production facilities and the creation of new production facilities that did not exist before.

Over the past eight years, investment programmes have launched more than 96,000 projects worth about $100 billion, creating 1.8 million jobs. In 2024, compared to 2017, the value of investment projects put into operation increased almost eightfold, and the number of jobs grew 2.6 times.

We emphasise the factor of active involvement of our Head of State in this process. As a result of visits and top-level events, 366 investment agreements worth $75 billion have been reached since the beginning of this year. In particular, this year road maps have been approved for 222 investment projects worth about $45 billion.

Within the framework of the IV Tashkent International Investment Forum (June this year), agreements were reached on investments worth more than $30 billion (for the implementation of 144 joint projects). In April 2025, on the margins of the 5th International Industrial Exhibition "INNOPROM. Central Asia", held in Tashkent, within the framework of the 43 investment agreements reached, it is planned to attract an additional billion dollars to the industrial sector of the country.

In recent years, there has been an active practice of holding events to inform the international community about opportunities for the implementation of joint projects. Thus, this year, forums were held in 13 foreign countries as part of the Investors' Day of Uzbekistan, attended by representatives of 700 well-known foreign companies. More than 200 investment projects worth six billion dollars were presented to potential partners.

Among the important elements of Uzbekistan's modern industrial policy is localisation of production of high quality and competitive products, reduction of imports of finished goods and components. In accordance with the Localisation Programme, which included about 10 thousand projects, almost 300 trillion soums worth of products have been produced over the period 2020-2024. This led to import substitution in the amount of about $25 billion. The Localisation Programme allowed the creation of new production facilities for previously imported goods, contributed to changing the sectoral structure of industry and reducing dependence on external supplies by expanding the range of products and services.

THE NUMBER OF EXPORTERS IS GROWING

The formation of an export orientation has become one of the main conditions for success in implementing the plans outlined for Uzbekistan's industrialisation. Over 2017-2024, the total volume of exports exceeded $132 billion. It is noteworthy that the average annual growth rate of the country's exports over the period was 12-23 per cent. As a result of systematic and targeted support for exporters, the geography of exports of domestic products expanded by 55 states in 2024 and reached 186 countries over the past eight years. Last year, the number of exporting enterprises increased by 3,143 and their total number totalled 7,343.

Only due to the increase in the share of exports of higher value-added products in 2024, shipments to foreign markets increased by a billion dollars. Entering new promising markets, in turn, requires a significant improvement in the quality of manufactured products and their compliance with international standards. As part of the GSP+ programme, we implemented a set of organisational and technical measures to obtain Global G.A.P., Organic, OEKO-Tex, BSCI, CE marking certificates for our products and transition to ISO standards at more than five thousand enterprises. This made it possible last year alone to provide additional exports of 617 types of products worth $1.4 billion to the European Union.

Transition to more demanding standards and technological processes makes it possible to achieve the goals of producing and selling products of a completely different quality in new markets. Export supplies of goods to developed countries confirm the correctness of the chosen strategy, demonstrating its undeniable results. For example, due to the expansion of export geography and correct response to the conjuncture, the selling prices of Uzbekistan's fruit and vegetable products last year increased by an average of 14 per cent.

The industrial trend of economic development, having ensured a technological leap in a number of sectors, has had a significant impact on the evolution of the commodity nomenclature of exports. Quite recently, Uzbekistan was associated as a country with a monoculture of cotton, and its products were practically the sole leader of exports with absolute dominance of raw materials. In this regard, according to IMF experts, there is a decline in the share of cotton fibre exports from 0.2 per cent of GDP to zero from 2021 in the long term. Today Uzbekistan exports more and more high-tech products, and by 2024 its nomenclature has reached four thousand items.

For example, compared to 2017, exports of primary goods fell by 22 per cent last year, while the share of exports of finished goods increased 3.3 times, semi-finished goods - 4.4 times, and exports of services increased 2.9 times. At the same time, the transition to advanced processing of cotton contributed to the doubling of exports of garment and knitwear products to one billion dollars. This allowed our country to become the second supplier of textile products in the Russian market.

Domestic products are becoming a recognisable national brand, enjoying trust and popularity among foreign consumers. Last year, the goods of about 300 Uzbek enterprises received registration on the well-known electronic commercial platforms Alibaba, Wildberries and Ozon. As a result, sales of our companies reached $680 million.

At the end of the first half of 2025, the volume of exports grew by 33 per cent year-on-year and approached $17 billion. Since the beginning of the year, 1,557 domestic companies have been added to the exporters, accounting for $650 million in shipments.

The steady trend away from raw material exports towards finished high-tech products and services (tourism, transport, construction, IT and others) continues.

INVESTMENT DIALOGUE

It should be noted that our country is building and effectively operating an institutional environment to address strategically important issues of industrial development with a clear export orientation by attracting foreign capital. For this purpose, the relevant ministry and state agencies responsible for this complex of issues, as well as organisations promoting interaction between the state and the private sector have been established.

The Council of Foreign Investors under the President of the Republic of Uzbekistan is an institutional platform for direct dialogue between the government and investors (including international financial institutions). The Council's work as an advisory and consultative body effectively promotes the attraction of foreign direct investment in priority sectors of the economy and the organization of quality business dialogue, taking into account international best practices.

The Council operates under the patronage of the President of Uzbekistan, who personally attends meetings of this body. In order to organise systematic work on attracting investments, the relevant decree of the leader of the country was adopted to implement the agreements reached at the last meeting of the Council. The document also implies ensuring the systematic implementation of initiatives and proposals put forward by the participants of the meeting, as well as measures to improve the activities of the Secretariat of the Council of Foreign Investors.

In parallel with the formation of an effective institutional environment, consistent work is being done to improve the legislative framework to ensure advanced industrial development, intensify investment processes and expand the export potential of industries and regions of the country. This process is under the close attention and direct involvement of Uzbek parliamentarians. As a result, in recent years more than 500 functions of the State in regulating business have been abolished, and about 70 functions have been transferred to public-private partnerships and outsourced to the private sector. Seventy-two types of licensed activities and 40 permits have been legally abolished to improve the business climate and simplify the business environment.

POSITIVE ASSESSMENT

These transformations are positively assessed by foreign rating agencies and organisations. Thus, according to the Index of Regulatory Restrictions on Foreign Direct Investment (Organisation for Economic Development and Cooperation), our country has the best rating among the Central Asian region. This year, the country's performance on the Heritage Foundation's Index of Economic Freedom, the indicators ‘Freedom of Trade’ and ‘Freedom of Investment’ has improved considerably.

Let us return to the assessment of the prospects of dynamics and effectiveness of reforms based on the results of the recent IMF consultations with Uzbekistan in accordance with Article IV of the IMF Agreement. According to the Fund's outcome document, the opportunities arising from accelerated structural reforms, increased income and capital inflows, and favourable commodity price dynamics are positive for Uzbekistan's sustainable development.

Analysis of industrialisation indicators, investment activity and expansion of export indicators testifies to the real effectiveness of the ‘Uzbekistan - 2030’ Strategy and a set of accompanying measures to strengthen the country's economic potential and international standing. This, in turn, becomes a demonstration of the irreversibility of reforms aimed at building an independent New Uzbekistan.

Deputy of the Legislative Chamber

of the Oliy Majlis of the Republic of Uzbekistan,

Doctor of Economic Sciences, Professor Durbek Akhmedov

President of the Republic of Uzbekistan Shavkat Mirziyoyev met with World Bank Vice President for Europe and Central Asia Antonella Bassani on September 30.

The sides considered topical issues of further expansion of strategic cooperation with the World Bank Group and support of this leading international financial institution to the ongoing reform program in New Uzbekistan.

At the beginning of the meeting, Vice President Antonella Bassani conveyed to the head of our state sincere greetings and best wishes of World Bank President Ajay Bangui.

During the conversation, the current high level and fruitful nature of bilateral cooperation were noted with deep satisfaction.

In recent years, our country has become one of the largest partners of the Bank - the portfolio of projects has increased several times and now exceeds 12 billion dollars.

The World Bank supports the implementation of important reforms aimed at ensuring the sustainability of economic and social sectors. Since July this year, the Bank's regional office has been operating in Tashkent.

Such areas as poverty reduction, transformation of state-owned enterprises and banks, decarbonization, support for WTO accession and others have been identified as priorities for further expansion of the partnership.

Special attention was paid to the programs of urbanization and integrated development of regions, modernization of energy and irrigation infrastructure, support to the private sector.

There was also an exchange of views on the promotion of regional projects.

Cooperation between the Republic of Uzbekistan and the Czech Republic in the field of tourism has been developing actively in recent years and is gaining a stable and sustainable character.

Both countries view tourism not only as an economic sector but also as an important tool for cultural exchange, strengthening international relations, and fostering mutual understanding between peoples. Within the framework of bilateral cooperation, joint tourism forums and presentations of tourism potential are regularly organized, and collaboration is being developed between tourism companies and educational institutions. Participation in international exhibitions also plays a significant role, where Uzbekistan promotes its historical and cultural routes, while the Czech Republic presents European travel destinations.

One of the reasons for the growing interest of Czech citizens in Uzbekistan is its rich historical heritage. Cities such as Samarkand, Bukhara, and Khiva—important centers of the ancient Great Silk Road—attract tourists with their unique architecture and the atmosphere of Eastern civilization. For Czech travelers, these destinations are of particular value, as they offer an opportunity to experience history preserved in a living form, distinct from the familiar European cultural landscape.

Another important factor is the exotic and authentic character of Uzbekistan. Tourists from the Czech Republic highlight the unique atmosphere of oriental bazaars, the diversity of national cuisine, the richness of traditions, and the hospitality of local people. All of this creates a truly unique travel experience that is difficult to find in more mass tourism destinations.

A significant role in the growth of tourist flows is also played by the development of Uzbekistan’s tourism infrastructure. A visa-free regime has been introduced for citizens of the Czech Republic, hotels are being modernized, and the transport network is expanding, including domestic flights and high-speed rail connections between major cities. All this makes travel more comfortable and accessible for European tourists, including Czech citizens.

Cultural and educational exchange remains another important area of cooperation. Czechs show interest in Uzbek crafts such as carpet weaving, ceramics, and national embroidery, as well as traditional music and dance. In addition, academic and business exchanges are developing, including participation in conferences, educational programs, and business initiatives, further strengthening ties between the two countries.

A significant milestone in bilateral cooperation was the workshop “Beginning of the Czech Odyssey. Popular Spa Resorts of the Czech Republic,” held in Tashkent with the participation of representatives of government agencies, the diplomatic corps, leading Czech spa resorts and hotels, as well as Uzbek tour operators.

During the event, new tourism products of the Czech Republic were presented, and prospects for expanding cooperation in spa, medical, and wellness tourism were discussed. Special attention was paid to building long-term partnerships between tourism companies of both countries.

Additional momentum to cooperation was provided by the visit of a working group of the Tourism Committee of the Republic of Uzbekistan to Prague, where negotiations were held with representatives of the Czech Ministry for Regional Development, relevant associations, and leading tourism companies. The meetings focused on expanding tourism exchange, developing institutional cooperation, and implementing joint tourism initiatives.

Despite positive dynamics, certain infrastructural limitations remain, in particular the absence of direct and more convenient air connections between cities of the two countries, which somewhat constrains further growth in tourist exchanges.

In the future, cooperation between Uzbekistan and the Czech Republic in tourism is expected to expand further. Growth in tourist flows, development of new routes, improved transport accessibility, and implementation of joint cultural and sustainable tourism projects are anticipated. All of this will contribute to strengthening bilateral relations and make Uzbekistan an even more attractive destination for tourists from the Czech Republic.

President of the Republic of Uzbekistan Shavkat Mirziyoyev met with World Bank Vice President for Europe and Central Asia Antonella Bassani on September 30.

The sides discussed topical issues of further expansion of strategic cooperation with the World Bank Group and support of this leading international financial institution to the ongoing reform program in New Uzbekistan.

At the beginning of the meeting, Vice President Antonella Bassani conveyed to the head of our state sincere greetings and best wishes of World Bank President Ajay Bangui.

During the conversation, the current high level and fruitful nature of bilateral cooperation were noted with deep satisfaction.

In recent years, our country has become one of the largest partners of the Bank - the portfolio of projects has increased several times and now exceeds 12 billion dollars.

The World Bank is supporting the implementation of important reforms aimed at ensuring the sustainability of economic and social sectors. The Bank's regional office in Tashkent has been operating since July this year.

Such areas as poverty reduction, transformation of state-owned enterprises and banks, decarbonization, support for WTO accession and others have been identified as priorities for further expansion of the partnership.

Special attention was paid to the programs of urbanization and integrated development of regions, modernization of energy and irrigation infrastructure, support to the private sector.

There was also an exchange of views on the promotion of regional projects.

The current and future development of Uzbekistan's economy is directly determined by the freedom of the private sector, equal and favorable opportunities created for businesses, and robust legal protections. The Open Dialogue between the Head of State and entrepreneurs, which has become a solid tradition in our country, is not merely another routine event. Instead, it serves as the primary mechanism of a direct, pragmatic, and highly effective strategic alliance between business and government. This direct platform enhances the country's investment attractiveness while playing a crucial role in supporting national businesses and unlocking new opportunities.

Practical Results and Benefits

Direct, face-to-face interaction with the President has emerged as the most powerful driver for fundamentally improving the country's business climate. The systemic decisions made and incentives granted within this platform have delivered tangible, practical benefits to business entities rather than remaining on paper. Below are select outcomes demonstrating the impact of these strategic initiatives:

Transformation of the Financial and Credit System

The government optimized the direct financing procedures for large state-owned enterprises, shifting the focus toward directing banking resources to private sector projects. The Business Development Bank, microfinance institutions and banks, factoring services, venture capital funds, and industrial support funds were established. A state guarantee system for entrepreneurs' bank deposits was also introduced.

Land, Property, and Infrastructure Reform

Land parcels and real estate were transformed into full-fledged economic assets. Taxes on land acquired through auctions were adjusted, payment installment periods were extended, and incorporating land into charter capital was permitted. Changing the intended use of land was simplified via a unified classifier. Energy limits were regulated, and private capital was attracted to the development of mineral deposits and subsoil resources.

Foreign Trade, Logistics, and Exports

The economy pivoted toward WTO accession and integration into global supply chains. Monopoly and exclusive rights in foundational sectors such as metallurgy, chemicals, and energy were abolished. Subsidies for pre-export financing, logistics, and international certification were expanded. The "E-logistika" platform was launched to ensure transparent distribution of transport permits, and the VAT refund mechanism for export operations was simplified.

IT, Services, and Innovation

The state implemented joint-equity co-financing models and patent fee reimbursement mechanisms to boost IT sector development, artificial intelligence, and startups. A VAT cashback mechanism and corporate income tax reductions were introduced for the catering, tourism, and hospitality sectors. Certification and consulting services in construction and tourism were transitioned to the private sector.

Liberalization of Tax and Oversight Systems

Tax administration was enhanced: the VAT "tax-gap" coefficient was abolished, and a transparent rating system for compliant businesses was introduced. A moratorium was declared on the application of new penalties. Commercial banks were prohibited from forcing collateral into unauthorized liquidation and unlawfully suspending business activities.

Legal Protection and Local Manufacturing

The authority of state bodies to confiscate property without a court order or cancel land allocation decisions was restricted. The statute of limitations for tax disputes was reduced to three years. To support domestic manufacturers, a "local content" requirement in public procurement and a system of long-term guaranteed orders were established.

Representatives of the business community feel the real impact of the platform in their daily operations.

Shavkat Kholboev, head of the "AslCab" enterprise, states: "Based on proposals submitted during last year's Open Dialogue, an automated electronic VAT refund system for exports was launched. Consequently, our enterprise recovered approximately 10 to 12 billion UZS in working capital within a short period, channeling these funds into purchasing raw materials and expanding our export footprint."

Firat Deniz, a foreign investor and owner of a major textile enterprise, emphasizes: "The Open Dialogue with the President is one of the most effective platforms globally for directly hearing and protecting investor interests. My proposal to create additional opportunities for enterprises exporting over $50 million annually was immediately supported and implemented."

Preparations for the 6th Open Dialogue: Numbers and Analysis

In preparation for the upcoming 6th Open Dialogue, a Republican Headquarters comprising representatives from over 50 ministries and agencies was established on May 15, operating around the clock (24/7). Nearly 6,000 inquiries have been received via call centers and official bots. As part of the processing efforts, over 4,200 inquiries were resolved positively, while approximately 1,800 remain under review.

By topic, the inquiries include: over 940 regarding strengthening legal protections for entrepreneurs, over 910 on banking issues, over 750 on production space allocation, nearly 680 on simplifying business regulations, over 660 on infrastructure provision, nearly 530 on tax system improvements, and over 480 on financial support for business. Regionally, the highest volume of inquiries originated from Kashkadarya region, Tashkent city, Samarkand region, and Fergana region.

Additionally, responsible organizations conducted over 750 meetings attended by more than 8,800 entrepreneurs, raising over 3,500 proposals and issues. Furthermore, over 130 meetings organized by the Business Ombudsman and the Chamber of Commerce and Industry brought together more than 5,700 entrepreneurs who raised nearly 1,500 issues. Expert groups are analyzing 300 systemic problems identified during these sessions, the majority of which cover: simplifying business regulation (nearly 70), improving the tax system (60), and foreign economic activity and investment (over 50). Proposals are being developed in collaboration with relevant ministries and agencies to address these issues fundamentally and improve current legislation.

Abdumannop Buriev, Business Ombudsman under the President of the Republic of Uzbekistan for the Protection of Rights and Lawful Interests of Entrepreneurs, highlighted priority areas in the sector: "We focus primary attention on building a preventive system that averts issues before they arise and protects entrepreneurs' rights early on. Through extensive digitization and the integration of electronic resources into a unified network, potential risks are eliminated in advance. The live dialogues held ahead of the main event create a solid foundation for modern tools that protect business from both legal and digital standpoints."

Davron Vakhabov, Chairman of the Chamber of Commerce and Industry of Uzbekistan, emphasized the positive momentum: "Today, the private sector has become the primary driving force of our national economy. Regular open dialogues and the systemic decisions arising from them offer invaluable opportunities for entrepreneurs to expand their operational scale, increase export capacity, and strengthen competitiveness in international markets."

Preparations for the President's upcoming Open Dialogue are entering their final stage. Every submitted proposal and inquiry serves to further improve the business environment in our country. We invite all entrepreneurs and investors to actively participate in shaping the agenda for the upcoming high-level dialogue. Inquiries and proposals are accepted 24/7 via phone numbers 1100 and 1094, web platforms business.gov.uz and my.chamber.uz/ochiq_muloqot/oz, as well as Telegram communication channels @biznesombudsmanrasmiy_bot and @ochiqmuloqot2026_bot.