The Center for Economic Research and Reforms (CERR) has prepared an infographic presenting key indicators of trade, economic and investment cooperation between Uzbekistan and Tajikistan over a nine-year period.
In recent years, economic cooperation between Uzbekistan and Tajikistan has been steadily expanding, now encompassing not only trade but also industrial cooperation across various sectors, particularly energy and agriculture.
A solid legal framework has been established to support bilateral cooperation across multiple areas. In 2018, the countries signed a Treaty on Strategic Partnership, followed by a Treaty on Allied Relations in 2024.
Tajikistan is among Uzbekistan’s key trade and economic partners, ranking 9th among importers of Uzbek goods and accounting for 2% of Uzbekistan’s total exports.
Bilateral trade between Uzbekistan and Tajikistan is conducted under a free trade regime, with total trade turnover approaching $1 bn.
Bilateral Trade Indicators
Trade turnover between Uzbekistan and Tajikistan increased 3.8 times over 2017–2025, from $237.9 mln to $912.4 mln. Exports grew 3.7 times, from $186.1 mln to $683.1 mln, while imports rose 4.4 times, from $51.8 mln to $229.3 mln. Uzbekistan’s positive trade balance expanded 3.4 times, from $134.3 mln to $453.8 mln.
In 2025, compared to 2024, trade turnover increased by 29.9%, exports by 24.1%, and imports by 13.8%.
The structure of Uzbekistan’s exports to Tajikistan in 2025 totaled $683.1 mln and included: industrial goods (various knitted and felt products, plastic products, rolled metal, etc.) – $222.7 mln (32.6%); machinery and transport equipment (including electrical goods) – $58.7 mln (8.6%); petroleum products (gasoline, gas oil, bitumen) – $53.1 mln (7.8%); chemical products (polymers, sulfates, silicates, fertilizers, paints) – $53 mln (7.8%); food products (animal feed, eggs, confectionery, processed meat products, etc.) – $48.2 mln (7.1%); miscellaneous manufactured goods (construction materials, ready-made garments, silk fabrics) – $21 mln (3.1%); non-food raw materials– $8.1 mln (1.2%); other goods (including goods traded by individuals) – $70.1 mln (10.3%); as well as services (mainly railway transport) – $147.4 mln (21.6%).
The structure of imports from Tajikistan in 2025 totaled $229.3 mln and included: metal ores and concentrates (zinc, copper and precious metals) – $108.9 mln (47.5%); coal – $22.3 mln (9.7%); aluminum – $25.4 mln (11%); electricity – $17.9 mln (7.8%); cotton fiber – $17.6 mln (7.8%); fruits – $7.4 mln (3.2%); ferrous metals – $5.1 mln (2.2%); poultry — $2.4 mln (1.1%); plastic waste – $1.8 mln (0.8%); sulfur, feldspar and others; as well as services (mainly railway transport) – $6.6 mln (2.9%).
Investment Cooperation
As of March 1, 2026, there are 420 enterprises in Uzbekistan with Tajik investment (2.2% of the total number of enterprises with foreign investment), including 110 joint ventures and 310 enterprises with 100% Tajik capital.
In 2025, compared to 2024, the volume of foreign direct investment (FDI) and loans attracted from Tajikistan tripled, increasing from $64 mln to $196 mln. Over 2017–2025, the total volume of attracted FDI and loans from Tajikistan amounted to $373 mln.
The main areas of activity of enterprises with Tajik capital include trade, construction materials production, food industry, transport and other services.
Enterprises with Uzbek investment are also successfully operating in Tajikistan. In particular, major joint projects are being implemented in the energy sector, including the construction of hydropower plants on the Zarafshan River. With the participation of private capital from Uzbekistan, the joint venture “Artel Avesto Electronics” was established in Tajikistan in 2019, producing more than 10 types of household appliances.
Prospects for Trade Expansion
Uzbekistan and Tajikistan share a common border and have well-developed transport infrastructure. Given the short delivery distances, transportation costs can be relatively low, which creates favorable conditions for expanding exports.
In this context, Tajikistan represents a promising market for increasing exports of finished products from Uzbekistan that are not produced domestically in Tajikistan and are imported. These include automobiles, household appliances—especially large-sized goods such as refrigerators, washing machines and air conditioners—as well as certain food products, textiles, chemical and other goods.
Central and South Asia are increasingly facing the same reality: climate risks are no longer a distant forecast. Droughts, water scarcity, heatwaves, land degradation, dust storms, floods, and pressure on water, food and energy security are already affecting economies, public health, infrastructure, and the resilience of entire regions.
This is why the second meeting of the Termez Dialogue on Connectivity between Central and South Asia is of particular significance. The second meeting is organized by the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan and the Ministry of Foreign Affairs of the Republic of Uzbekistan, in partnership with the Conference on Interaction and Confidence Building Measures in Asia. This format reflects Uzbekistan’s consistent foreign policy direction aimed at strengthening trust, open dialogue, and sustainable connectivity between the regions.
While the first meeting introduced the Termez Dialogue as a platform for bringing the two regions closer together, the new agenda takes the next step: moving from a discussion of connectivity to practical mechanisms for joint climate adaptation and stronger environmental resilience. Its task is to move from conceptual discussions to concrete priorities and practical mechanisms, with joint adaptation to climate change identified among the key areas of cooperation.
Climate as a New Test of Connectivity
Climate change shows how closely water, food, energy, transport, health, and ecosystems are linked. When water availability declines, the impact is not limited to agriculture. It also affects hydropower, food prices, migration, employment, soil conditions, and even regional stability. As extreme heat becomes more frequent, cities, transport systems, healthcare systems, and labour productivity all come under pressure.
The Synthesis Report of the Intergovernmental Panel on Climate Change (IPCC), prepared as part of the Sixth Assessment Cycle, emphasizes that adaptation is already taking place in all regions of the world, but the gap between what is needed and what is being done remains and will continue to grow at the current pace of action. The IPCC also underlines that the most effective responses are not isolated measures, but integrated solutions that connect water management, agriculture, infrastructure, social protection, ecosystems, and population needs.
This is particularly important for Central and South Asia. Both regions depend on mountain watersheds, irrigated agriculture, the resilience of rural areas, as well as stable and secure energy supply and the cross-border movement of goods and people. Climate adaptation, therefore, cannot remain solely a matter of national policy. It must become part of interregional cooperation.
Uzbekistan: The Data Confirm the Urgency of Action
Uzbekistan’s Fourth National Communication under the UNFCCC identifies the country as among the most vulnerable to the impacts of climate change in Central Asia and Eurasia. This vulnerability is linked to accelerated temperature rise, growing water scarcity, glacier retreat, and the increasing frequency of extreme hydrometeorological events.
Water remains an especially sensitive factor. Uzbekistan’s water resources belong to the Aral Sea basin, while the main surface runoff of the Amu Darya and Syr Darya rivers is formed outside the country. This means that Uzbekistan’s climate resilience is directly linked to the quality of regional and interregional cooperation. Water, data, forecasts, infrastructure, and trust become part of one security system.
Cities as a New Frontline of Climate Adaptation
The climate agenda is also becoming increasingly connected with the future of cities. Speaking at the Leaders’ Summit of the 13th session of the World Urban Forum in Baku, President of Uzbekistan Shavkat Mirziyoyev noted that, over the next 15 years, the country’s population is expected to grow from 38 to 50 million people, while the urbanization rate is projected to rise from 51% to 65%.
For Uzbekistan, this is not only a demographic trend but also a climate challenge. Urban growth increases pressure on water, energy, transport, housing, air quality, and green spaces. Therefore, plans for sustainable urbanization — including the development of “green”, “smart”, “safe”, and “15-minute” cities, the expansion of urban greenery, and the introduction of green city principles — are directly linked to climate adaptation.
In this context, the Termez Dialogue can become a platform for exchanging experience not only on water and agriculture, but also on climate-resilient urban development: from reducing the urban heat island effect and saving water to clean transport, digital air quality monitoring, and designing new districts with climate risks in mind.
A New Emphasis: Adaptation as a Practical Development Agenda
The Termez Dialogue can offer an important new approach: to view adaptation not as a response to crises, but as an investment in sustainable development. This changes the very language of climate policy.
Adaptation is not only about building protective infrastructure or responding to emergencies. It is about more accurate forecasting of droughts and floods and data exchange between countries. It is about water-saving agriculture, the modernization of canals, pumping stations, and urban infrastructure. It is about restoring degraded lands and ecosystems. It is about preparing farmers, engineers, hydrologists, energy specialists, and local authorities to operate under new climate conditions.
This is why the Concept of the second meeting of the Termez Dialogue emphasizes the consolidation of efforts by states and partners to develop coordinated and mutually reinforcing approaches to climate adaptation and to reducing the socio-economic consequences of climate and environmental risks.
Why Central and South Asia Must Adapt Together
Climate risks do not recognize borders. Drought in one part of the region can affect food markets in another. Glacier retreat changes river regimes far beyond mountain areas. Dust storms, heatwaves, and extreme rainfall can affect several countries at once. Joint adaptation is therefore a practical necessity.
The IPCC stresses that around 3.3 to 3.6 billion people worldwide live in conditions of high vulnerability to climate change. It also emphasizes that the vulnerability of people and ecosystems is interconnected: the degradation of ecosystems increases risks for people, while social vulnerability reduces societies’ ability to adapt.
For Central and South Asia, this means that resilience must be built across several dimensions at once: water, food, energy, environment, and society. Food and environmental security cannot be strengthened without water. Infrastructure cannot be modernized without climate forecasts. Risks cannot be reduced without trust and information exchange.
Termez as a Place for Climate Partnership
The choice of Termez has both historical and practical significance. Termez is Uzbekistan’s southern gateway and a natural bridge between Central and South Asia. In today’s conditions, this role acquires new meaning: the city is becoming a symbol not only of transport and trade connectivity, but also of climate partnership.
Afghanistan has a particularly important role. The idea of the Termez Dialogue implies the need for the gradual integration of Afghanistan into regional economic, transport, humanitarian, and climate processes with the support of the international community. In the climate agenda, this is especially meaningful: without Afghanistan’s participation, it is impossible to build genuinely sustainable connectivity between Central and South Asia.
What the Termez Dialogue Can Deliver
The Termez Dialogue can become a platform for launching several practical areas of cooperation.
First, the exchange of climate and hydrological data, including forecasts of droughts, floods, glacier changes, and dust storms.
Second, the joint promotion of early warning systems, so that countries can prepare in advance for extreme weather events.
Third, the development of climate-resilient agriculture: water-saving technologies, drought-resistant crops, digital services for farmers, and the restoration of pastures and soils.
Fourth, ecosystem-based adaptation — the restoration of forests, wetlands, mountain and desert ecosystems that themselves serve as natural protection against climate risks.
Fifth, climate-resilient infrastructure — from transport corridors and logistics centres to energy facilities and rapidly growing cities.
From a Common Challenge to Shared Resilience
The main value of the Termez Dialogue is that it allows the climate agenda to be discussed not in the language of alarm, but in the language of joint solutions. Central and South Asia can not only exchange risk assessments, but also create common adaptation mechanisms: from scientific networks and pilot projects to investment programmes and regional standards for resilient infrastructure.
The new climate agenda of the Termez Dialogue is part of the larger idea of connectivity. Genuine connectivity is not only about roads, trade, and energy corridors. It is also about the capacity of countries to jointly protect ecosystems, human health, and the future of coming generations. The Termez Dialogue can become the space where Central and South Asia move from recognizing their shared vulnerability to building shared resilience.
D.R. Ziganshina, SIC ICWC | 20 May 2026
If the greatest gift given to human is life, then, without a doubt, the highest goal that humanity has always strived for is peace and harmony. That is why we always wish each other peace and tranquility, health and well-being.
Uzbekistan has always been a place of tolerance, harmony and friendship. Representatives of different nationalities and peoples living on the same land, drinking water from the same river, sharing happiness and sorrow together, have coexisted side by side for centuries. No wonder that such expressions as “Tolerant Uzbekistan!” and “Generous Uzbek people” have appeared.
In a multinational and multi-confessional state, interethnic consent and interfaith harmony are important factors that create a solid foundation for stability and development, determining its prospects.
One of the main factors why our country is rapidly developing today, fruitfulness of reforms and steady growth of the people’s well-being is that representatives of more than 130 nationalities and peoples, 16 religious confessions live together in our country as a single people of Uzbekistan.
The fundamental basis of reforms in this direction is that our Constitution stipulates that the Republic of Uzbekistan ensures a respectful attitude towards languages, customs and traditions of the nationalities and peoples living on its territory, and creates conditions for their development.
Today, education in schools is conducted in 7 languages, creating conditions for pupils of different nationalities to receive education in their native language. National television and radio channels broadcast in 12 languages, and newspapers and magazines are published in 14 languages, creating equal conditions for everyone to receive information in their native language.
Representatives of different nationalities and peolpes living in our country, as the single people of Uzbekistan, contribute to the development of our country with their active and selfless work, nowadays about 5 thousand representatives of 35 nationalities work in the state civil service.
In particular, 12.7 percent of our deputies in the Legislative Chamber of the Oliy Majlis, which are considered the country’s political institutions, and 11.2 percent in local Kengashes, are representatives of different nationalities and peoples. There is no limit to such achievements, we observe that interethnic harmony and solidarity are reflected in every aspect of society.
The President of the Republic of Uzbekistan Shavkat Mirziyoyev considers the ethnic diversity that has existed on the land of our country since ancient times as a unique social phenomenon and pays special attention to the preservation and further strengthening of harmony between nationalities, peoples and confessions. As a result of the wise policy of the head of our state, based on the principles of prudence, humanism and justice, national unity is growing stronger in our country, and our precious and beloved Motherland is becoming a place of peace, friendship and mutual respect, where human dignity and happiness reign.
As the President of the Republic of Uzbekistan Shavkat Mirziyoyev emphasized in his speech at a meeting with deputies of the chambers of the Oliy Majlis, representatives of political parties and the public on May 8, 2023: “Our main wealth is our great multinational people, who consider Uzbekistan their only Motherland. The highest duty of each of us is to carefully preserve, like the apple of our eye, the priceless treasure — interethnic friendship and harmony that have taken hold in our beloved country”.
Indeed, in New Uzbekistan, interethnic and interfaith harmony, and mutual understanding based on loyalty to the spiritual heritage of ancestors, educating the younger generation in the spirit of tolerance, respect for national and universal values and patriotism, have become one of the most important priorities of state policy.
Large-scale reforms implemented in all spheres of public life at the initiative of the head of state also marked new milestones and initiatives in the field of interethnic and interfaith relations.
In this sense, the Decree of the President of the Republic of Uzbekistan “On measures to bring to a new stage the strengthening of national harmony and relations with compatriots abroad”, adopted on March, 2025, and the Resolution “On measures to effectively organize the activities of the Committee of the Republic of Uzbekistan on Interethnic Relations and Compatriots Abroad” bring work in this direction to a qualitatively new level.
In accordance with these documents, the Committee on Interethnic Relations and Compatriots Abroad of the Republic of Uzbekistan was created on the basis of the Committee on Interethnic Relations and Friendly Cooperation with Foreign Countries under the Ministry of Culture of the Republic of Uzbekistan.
The main tasks of the Committee were defined as the harmonization of interethnic relations, strengthening friendship, harmony, tolerance and unity in society, the formation of a single civil identity, strengthening the involvement of all nationalities and ethnic groups in national development, promoting the preservation of the national identity of compatriots abroad and mobilizing their social and economic potential for the development of our homeland, as well as promoting the prevention and identification of factors that negatively affect interethnic harmony.
Also, the fact that it is planned to develop draft concepts of state policy in the field of ensuring national unity and strengthening relations with compatriots abroad indicates that work in this direction will be consistently continued.
First of all, as an important element in ensuring national unity, special attention is paid to preservation of culture, language, customs, values and traditions of all nationalities and peoples living in Uzbekistan, and transmission to the younger generation
As is known, the role of national cultural centers is very important in the systematic implementation of work in this direction. Today, there are 157 national cultural centers in our country. Their activities are constantly supported by the state. Based on the President’s initiatives, starting in 2021, state subsidies will be allocated for the operation of these centers and their implementation of activities aimed at popularizing culture, language, customs, values and traditions.
For national cultural centers operating in the regions, premises have been allocated in the “Houses of Friendship”, where they use these places absolutely free of charge. Also, in the building of the Committee on Interethnic Relations, located in the center of Tashkent, all conditions have been created for the work of 27 national cultural centers of the republican and city level.
In particular, the construction in July of this year next to the building of the Committee on Interethnic Relations of the Pavilion of National Cultural Centers is a unique symbol of national harmony, where national houses of 22 nationalities were built, became a great gift from the President of the Republic of Uzbekistan to national cultural centers. This pavilion can safely be called a place of national harmony.
The grand opening of the pavilion of national cultural centers took place as part of the Friendship Festival, which was held throughout our country from July 25 to 31 this year, in honor of Peoples’ Friendship Day, celebrated on July 30.
The event was attended by members of the Senate of the Oliy Majlis and deputies of the Legislative Chamber, representatives of ministries and departments, the public, and the media, guests from Kazakhstan, Kyrgyzstan and China, as well as heads and employees of diplomatic missions of 30 states and international organizations in Uzbekistan.
The participants of the event assessed the construction of this pavilion as a unique event, emphasizing that it opens up another wonderful opportunity for the nationalities and peoples living in Uzbekistan to preserve and develop their culture, customs and traditions, fully reflects the large-scale reforms carried out in our country in the sphere of interethnic harmony and national unity, and serves as a platform for mutual cultural exchange.
Akiko Fujii, UNDP Resident Representative in Uzbekistan, who took part in the event, noted that she highly appreciates the respect and attention to various nationalities and peoples in Uzbekistan, and she considers the opening of the pavilion of national cultural centers to be truly attention to the person, and a progressive idea.
Thanks to the strong political will of our President, special attention is paid to close cooperation with compatriots living abroad. One of such projects is the Uz Global Think forum. This project is being implemented in the form of an ongoing dialogue between compatriots living abroad — representatives of expert and scientific circles — with the aim of creating business platforms, exchanging opinions on issues such as the socio-economic development of society, environmental sustainability and quality education.
A platform is also being created for the exchange of opinions among compatriots abroad about individuals in academic circles, their life path, successes and recommendations that will serve the development of New Uzbekistan.
In addition, in order to further increase the contribution of compatriots abroad to the economic power of the New Uzbekistan, following the example of the UNDP program “Knowledge Transfer through Compatriots Abroad”, work is underway to transfer human capital, which will contribute to ensuring innovative socio-economic development and environmental sustainability.
The “Graduates from Uzbekistan” program is being developed, which will unite and support compatriots who graduated from foreign educational institutions, and live and work in foreign countries.
All these tasks serve the further development of Uzbekistan with the participation of compatriots abroad.
One of the most important human freedoms is undoubtedly freedom of conscience. The adoption in 2021 of a new version of the Law “On Freedom of Conscience and Religious Organizations” was another important step towards institutional strengthening of freedom of conscience in our country. This law further strengthened the principles of tolerance and created a solid legal basis for the activities of all faiths.
Today, 2,361 religious organizations belonging to 16 confessions operate freely in Uzbekistan. Of these, 2,164 are Islamic, 197 are non-Islamic: 180 Christian, 8 Jewish, 7 Baha’i, as well as a Buddhist temple, a Krishna center, and an interfaith Bible society. In 2017–2024 there were registered 108 new religious organizations. New mosques, Christian churches and temples were built, and existing ones were renovated. This is a practical confirmation of respect for all faiths.
At the same time, we have every reason to say that the adoption of the Law “On the Concept of Ensuring Freedom of Conscience of Citizens and State Policy in the Religious Sphere in the Republic of Uzbekistan” on February 25 of this year has become the most important event in the life of society.
The concept will serve the multinational and multi-confessional people of Uzbekistan to realize the interests of society as a whole, to ensure its harmonious coexistence based on equality, social justice and unity.
This year, on September 10-13 the II International Forum “Dialogue of Declarations” was held in Tashkent and Samarkand.
In May 2022 the first forum “Dialogue of Declarations” was held in Tashkent, Samarkand and Bukhara over five days. Leading scientists from a number of foreign countries, as well as representatives of local authorities and religious organizations took part in the forum. The Bukhara Declaration adopted following that conference was subsequently recognized as an official document at the 76th session of the UN General Assembly. This confirms the importance of the Uzbek model for the formation of a tolerant society consisting of people of different nationalities, religions and beliefs.
The regular holding of the forum “Dialogue of Declarations”, the participation of influential foreign and international participants in it testifies to the high recognition in the world of Uzbekistan’s policy aimed at ensuring freedom of religion and interfaith harmony. In addition, the II Forum confirms Uzbekistan’s commitment to the principle of openness, development of an atmosphere of religious magnanimity and tolerance, in order to bring interfaith dialogue to a higher level of values. We are also convinced that this conference will serve as a unique platform for the exchange of best practices in ensuring peaceful coexistence of peoples and representatives of different faiths.
I would like to conclude the article with the following words from the festive greetings of the President of the Republic of Uzbekistan Shavkat Mirziyoyev on the occasion of July 30 – Peoples’ Friendship Day:
“In the current extremely dangerous situation, when various conflicts on national and religious grounds continue in different regions of the world, we will continue to work to further strengthen our greatest wealth — peace and stability, an atmosphere of mutual respect and harmony in our country — based on the idea of a united Uzbekistan, educating young people as holders of national and universal values, knowledge, professions, deepening the principles of inclusiveness.
We are mobilizing all our forces and capabilities for the reliable protection of the rights and interests of representatives of all nationalities and faiths who are proud to be citizens of Uzbekistan, as well as our compatriots abroad, everywhere, in accordance with the requirements of our Constitution and laws”.
Kakhramon SARIEV,
Chairman of the Committee
on Interethnic Relations and Compatriots Abroad
of the Republic of Uzbekistan
Numerous scholars and studies have confirmed the connection between the quality of education and the well-being of society. The Nobel Prize winning Gary Becker was one of the first to inquire into the impact of education on economic growth and social development. His research has shown that investing in education can improve productivity and thus economic growth.
According to experts from the Organization for Economic Cooperation and Development, the high level of education, GDP and economic development serve to augment the average life expectancy and improve public health. One should note that stepping up the duration of education by 1 year can increase GDP by 3-6 percent.
Education is considered a crucial issue for Uzbekistan, 60% of the population of whose is young people under the age of 30, with a population increase of 700 thousand a year.
Up until recently, obtaining higher education was the dream of millions of Uzbek youth. In 2016, enrollment in higher education was only 9 percent of all the school graduates, and the number of higher education institutions was 69 (with 9 private). Due to a lack of student loans to finance higher education and support systems for vulnerable segments of the population, many were unable to study failing to pay tuition fees.
There were also problems for youth in getting onboard the higher education. Those willing to obtain one were able to apply only to one institution a year. And if they did not score enough in the admission exams, they had to wait until the next year to reapply to that or another university.
In addition, such factors as taking faculty and students to forced seasonal agricultural work used to have a grave negative impact on the quality of education. So did the insufficient material incentives for the teaching staff due to the extremely low wages.
After the election of Shavkat Mirziyoyev as President of the country in 2016, the system of admission to higher education institutions started to be revised, with overall systemic transformation underway, especially when it came to the quality of education.
First, the organizational and legal framework of the industry has been revised. In particular, the 2030 Concept for Higher Education Development in the Republic of Uzbekistan was approved in 2019 by the corresponding presidential decree.
In 2020, the Oliy Majlis (Supreme Assembly, the national parliament) passed the Education law in a new edition. In accordance with it, the system opened up to market mechanisms, priority was afforded to raising the scale and quality of education to a new level, to studying advanced foreign practices and establishing broad international connections.
Apart from that, adopted in 2023, the new edition of the Constitution introduced a number of new norms on the protection of the honor and dignity of teachers, government concern for their social and material well-being. The upgraded Basic Law also granted the higher education institutions the right to academic self-government, freedom in scientific research and teaching methodologies and approaches.
Second, to be sure, education advancement requires allocation of large sums from the state budget to this area. According to research, a 1% increase in education spending will increase GDP by 0.35%. It is for this reason that the amount of funds allocated from the public budget for the maintenance and development of educational institutions in Uzbekistan has been steadily growing.
In 2023, spending on education accounted for 44 percent of total social expenditures, reaching 61.2 trillion soums.
The rapid growth in the number of public and private universities, as well as branches of foreign ones, and the introduction of market mechanisms in this area have created the basis for expanding the market in educational services. Today there are 210 universities in the country, almost half of them are private (67) and foreign universities (29).
Crucially, the youth are now free to choose. A healthy competitive environment has begun to emerge among the institutions offering higher education. Branches of prestigious foreign universities like Westminster (UK), Webster (US), Management Development Institute of Singapore, Polytechnic University of Turin (Italy) have an important role to play in the implementation of advanced standards in higher education by inviting state-of-the-art certified faculty, making a good use of the latest teaching technologies, innovations and international best practices.
As a result of the enhancement of the higher education market in Uzbekistan, it became possible to boost the coverage in the system from 9 percent of school graduates enrolled in 2016 to 42 percent in 2023. And the launch of correspondence and evening studies at universities has contributed to a sharp increase in the proportion of students over 24 years of age. The total number of university students now exceeds 1.3 million.
Starting from 2019, applicants have been given the opportunity to simultaneously submit documents to several universities and choose an educational institution based on the results of entrance exams and their preferences. This year, building on a relevant presidential decree, exams for admission to universities will take place under the principle “test first, then choose”.
Uzbekistan has created a unique system that provides opportunities to obtain higher education for people in need of social protection and people with disabilities. In particular, the distribution of admission quotas was approved on the basis of an additional two percent state scholarship for persons with disabilities and one percent for graduates of Mehribonlik (Mercy homes, orphanages), children’s villages and family homes in the context of higher educational institutions and forms of education.
It will not be an exaggeration to say that changing society by attracting girls to higher education is a unique path for Uzbekistan. Here one can recall a popular wisdom that if you educate a girl, you educate the whole nation. In order to ensure gender equality, as well as the consistent implementation of the UN Sustainable Development Goals, starting from the 2022-2023 academic year, new educational loans are allocated on preferential terms (interest-free) for training girls and women. As a result, in 2023, interest-free educational loans in the amount of 1,548.6 billion soums were allocated to about 137.4 thousand students.
A procedure has also been established for reimbursement of tuition fees for girls studying for graduate degree at universities. During this time, 20,260 women took a good advantage of this opportunity.
Special emphasis is placed on the issues of training youth from Uzbekistan in prestigious foreign universities. In particular, the amount of funds allocated from the state budget to the El-Yurt Umidi (Hope of the Nation) Foundation for the training of talented youth abroad has been growing. If 200 billion soums were allocated to this fund in 2022, in 2024 the amount reached 500 billion soums. Thanks to the foundation, more than 1,000 young people have received education in respected higher education institutions abroad and today work in various fields. According to the UNESCO Institute for Statistics, students from Uzbekistan ranked fifth in the world in the number of students studying abroad in 2021. The number exceeded 110 thousand. This is also clear evidence of how young people in this country are thirsty for knowledge.
The Uzbekistan-2030 Strategy urges to bringing the level of youth enrollment in higher education to no less than 50 percent, including in at least 10 higher educational institutions in the top 1,000 ranking of the most prestigious universities, and making the way for the country into the top 50 nations by 2030 in the Global Innovation Index.
As a result of reforms over the past period, two universities of Uzbekistan for the first time entered the top 1,000 higher education institutions in the world, compiled by the British company Quacquarelli Symonds (QS). The National Research University “Tashkent Institute of Irrigation and Agricultural Mechanization Engineers” (TIIAME) was named 547th in the rating, while the Mirzo Ulugbek National University of Uzbekistan secured the 781-790th positions.
The National Research University TIIAME was among the 300 best higher education institutions in the world and among the top three universities in Central Asia in terms of “Academic reputation”, and the National University of Uzbekistan was in the top 200 in terms of “Share of foreign teachers” and took second place among universities in the region.
In addition, 53 higher educational institutions of Uzbekistan were noted in the “THE Impact Rankings” published by the Times Higher Education agency for 2024. Seven of them ended up in the top 1,000. In the ranking, the Tashkent State University of Uzbek Language and Literature came 10th in the world in terms of gender equality.
In short, well aware of the truism that investing into education means investing into your future.
Nodir Tilavoldiev,
Member of the Legislative Chamber of the Oliy Majlis
Republic of Uzbekistan
Issues of practical implementation of agreements at the highest level and promotion of investment projects were at the center of attention during the telephone conversation held on December 17 between the President of the Republic of Uzbekistan Shavkat Mirziyoyev and Amir of the State of Qatar Sheikh Tamim bin Hamad Al-Thani.
The Head of our state warmly congratulated the Amir of Qatar on the national holiday - Foundation Day, wishing him health, well-being and success, as well as peace and prosperity to the friendly Qatari people.
Current matters of further expansion of multifaceted cooperation and strengthening of strategic partnership between our countries were discussed.
The results of active contacts and exchanges were positively assessed. In November this year, the first meeting of the Intergovernmental Commission and business forum were successfully held in Doha. In October, the Qatar Culture Week events were successfully organized in Tashkent.
With the participation of leading Qatari companies, investment projects are being implemented in the field of energy, development of transport and tourism infrastructure, agriculture, healthcare and other priority areas.
There is a regular direct flight service between the capitals, which facilitates the growth of mutual tourist flow.
During the conversation, the heads of state paid particular attention to the schedule of upcoming events in 2025, including the second dialogue summit “Central Asia - Cooperation Council for the Arab States of the Gulf”.
Exchange of views on topical issues on the international agenda also took place.
A total of 537 companies and brands, 125 speakers, and more than 1,000 delegates from 31 countries have confirmed their participation in the forum
One of the most significant exhibition and conference events in the country’s fuel and energy sector - Uzbekistan Energy Week (UEW 2026) - will be held at the CAEx Uzbekistan International Exhibition Center.
Uzbekistan Energy Week is a major annual international event, traditionally supported by the Ministry of Energy of Uzbekistan and Uzbekneftegaz JSC. It brings together industry leaders, innovators and experts, along with government representatives and international businesses to shape the strategic agenda, define long-term priorities and accelerate adoption of advanced energy solutions.
The broad UEW 2026 Programme is built around the theme “New Energy: Innovation, Sustainability and Regional Cooperation” and includes a series of specialised exhibitions and conferences covering two core areas of the energy sector – hydrocarbon production and electric power. These events play a strategic role in shaping industry agenda and setting priorities for both development and regional dialogue.
The UEW 2026 Programme includes the following key industry events:
Uzbekistan International Energy Forum, comprising:
– the 28th International Conference Oil and Gas of Uzbekistan
– the 6th International Energy Conference
OGU 2026: the 28th International Oil and Gas Uzbekistan Exhibition
Power Uzbekistan 2026: the 19th International Exhibition on Energy, Energy Saving, Nuclear Energy, Alternative Energy Sources
GETCA 2026: Specialised Section on Green Energy Technologies Central Asia
Over three days, the leading companies from across the fuel and energy sector will present their advanced technologies and showcase the latest industry developments. A total of 537 companies and brands, 125 speakers, and over 1,000 delegates from 31 countries have confirmed their participation in Uzbekistan Energy Week, including Austria, Azerbaijan, Belarus, Belgium, the United Kingdom, Germany, Georgia, Denmark, Egypt, Jordan, Italy, Kazakhstan, Qatar, China, South Korea, Kyrgyz Republic, Morocco, the Netherlands, Norway, the United Arab Emirates, Poland, Russia, Saudi Arabia, Singapore, the United States, Türkiye, Uzbekistan, France, the Czech Republic, Switzerland and Japan.
National pavilions will bring together companies from the Republic of Belarus, Germany, China and Türkiye, while Italy, Republic of Korea and Russia will be represented with their collective stands.
Uzbekistan Energy Week highlights the sustained interest of international investors and technology companies in the country’s energy sector. With a strong focus on sustainable development and advanced technologies, the event continues to strengthen its role as a leading energy platform in Central Asia.
Dunyo IA
The resilience of Finland’s development model and the dynamism of Uzbekistan’s reforms provide a solid foundation for deepening bilateral cooperation. Finland combines technological leadership, efficient governance, and a robust social policy. Its mixed model of development with strong public regulation and an active private sector is based on long-term planning, technological excellence, and social equality.
A balanced economic policy keeps inflation at 2–3%, while maintaining a high AA+ credit rating. The national research infrastructure is funded as a key element of state strategy. Total spending on research and development exceeds 3% of GDP, reaching €8.4 billion in 2023, up 6.3% from the previous year. The contributions came from the public sector, universities, and private business.
Finland’s economy remains open and export-oriented. In 2024, foreign trade reached €146.5 billion, including €72.2 billion in exports and €74.3 billion in imports. Its technological specialization, advanced digital environment, and high human capital create a predictable setting for investors.
At the same time, Uzbekistan has become a driver of reform in Central Asia over the past eight years. The country’s GDP has doubled to reach $115 billion. Since 2017, fixed capital investments have totaled $240 billion, with over $130 billion coming from foreign sources. International reserves exceed $48 billion. The structure of production has evolved: the share of industry rose from 20% to 26%, services from 44% to 47%, and labor productivity increased by 45%. Regulatory reforms expanded the space for private capital, while transport and energy infrastructure projects established a new foundation for industrialization and export growth.
As a result of these reforms, Uzbekistan’s trade with the European Union has entered a stable growth trajectory. Between 2017 and 2024, trade turnover between Uzbekistan and the EU increased 2.4 times from $2.6 billion to $6.4 billion. In 2024, exports rose by nearly 27% compared to 2023, while imports remained at a comparable level.
A New Stage of Political and Economic Relations
Particularly strong momentum has emerged in Uzbek–Finnish relations. Regular high-level contacts have given fresh impetus to the bilateral dialogue. On 12 November 2024, on the sidelines of the COP29 Summit in Baku, President of Uzbekistan Shavkat Mirziyoyev met with President of Finland Alexander Stubb. The two leaders discussed prospects for cooperation in the fields of the green economy, renewable energy, innovation, and education, and exchanged views on sustainable development and climate policy.
The political dialogue continued with a telephone conversation on 9 September 2025, during which the heads of state explored ways to expand economic and humanitarian cooperation. Furthermore, an official visit of the President of Finland to Uzbekistan is expected in late October 2025, aimed at consolidating earlier agreements and opening new areas of partnership.
This process is creating a favorable foundation for strengthening trade and economic ties, introducing Finnish technologies, and attracting investment into Uzbekistan’s priority sectors. From 2019 to 2024, bilateral trade more than tripled to reach $152 million. Uzbekistan’s exports to Finland increased almost 17 times to $4.73 million, while imports from Finland nearly tripled to $147 million. Over the past year alone, Uzbek exports to Finland grew by 56%, and imports rose 3.2 times. From January to August 2025, trade volume exceeded $68 million.
Trade flows reflect each country’s comparative advantages: Uzbekistan supplies industrial goods and services, while Finland exports machinery, transport equipment, chemicals, and food products.
Prospects for Cooperation
The emerging agenda for trade and economic cooperation draws on Finland’s experience in engineering, clean technologies, digital healthcare, education, and R&D management – areas closely aligned with Uzbekistan’s goals for technological renewal, energy efficiency, and human capital development. At the same time, Uzbekistan’s favorable business climate and major infrastructure projects are reducing operational costs for foreign companies.
Given Uzbekistan’s development priorities and conducive investment conditions, there is significant potential to further deepen Uzbek–Finnish cooperation across several areas. According to the Center for Economic Research and Reforms, Uzbekistan’s exports to Finland could expand even in the short term, particularly in sectors where Uzbek producers have existing capacity and advantage – textiles and garments, fruits and nuts, footwear, leather goods, stone and cement products, as well as copper and semi-finished copper products.
Logistics could be organized through the ports of Helsinki and HaminaKotka, with Turku as a potential reserve. Distribution channels could be developed via major retail networks and distributors, including Kesko and S Group. Key success factors include certification under EU standards, stable supply chains, and regular contracts.
Industrial cooperation should move toward deeper processing with full production cycles, for example, in knitwear, wool, and leather, from spinning and dyeing to finished apparel. Potential partners include Finnish companies such as Lapuan Kankurit and Pirtin Kehräämö, as well as the Aalto University School of Arts, Design and Architecture. In agriculture, joint breeding programs using Finnish sheep lines and supported by LUKE (Natural Resources Institute Finland) could strengthen the raw-material base of Uzbekistan’s textile clusters.
In the digital and green transformation sphere, collaboration could extend to telecom infrastructure and critical systems management with companies such as Nokia. In energy, there is potential for cooperation in localizing components for solar installations and storage systems, developing smart grids, and improving generation efficiency in hot climates, with participation from Finnish firms Valoe, Fortum Solar, and Wärtsilä.
For research and materials science, engaging institutions such as VTT and LUT University would help build a sustainable technological and human-resource base in Uzbekistan, while opening new regional export niches.
In mechanical engineering, cooperation could develop with Metso and Valmet on equipment components, servicing, and partial localization. In logistics and cargo handling solutions, Finnish companies Konecranes and Cargotec offer relevant expertise. In climate monitoring and water-chemical solutions, potential partners include Vaisala and Kemira.
A cross-cutting priority remains human capital. Joint programs with the University of Helsinki, Tampere University, and University of Oulu are needed to establish industrial internships and introduce Finnish methods for training engineers, technologists, and quality specialists for high-tech industries.
At the institutional level, further progress will require harmonizing border procedures, launching green corridors, implementing digital customs systems, and ensuring mutual recognition of certificates. It will also be important to develop industrial and agro-processing clusters, logistics hubs, and training programs for workforce development.
In the near future, Uzbek–Finnish cooperation may reach a stable, long-term trajectory. For Finland, Uzbekistan represents a reliable supplier of manufactured goods and components, and a new market for technology and equipment. For Uzbekistan, deeper cooperation provides access to advanced solutions and Northern European distribution channels.
In conclusion, the combination of Finland’s effective governance model, innovation, and environmental responsibility with Uzbekistan’s large-scale reforms creates a strong foundation for joint practical projects in manufacturing, energy, telecommunications, and education. Such a partnership can not only enhance the technological level of Uzbekistan’s economy but also give new quality to Uzbek–Finnish relations – anchored in long-term, sustainable, and mutually beneficial development.
Afzal Artikov,
Chief researcher,
Center for Economic Research and
Reforms under the Administration
of the President of the Republic of Uzbekistan
On February 21, under the chairmanship of the President of the Republic of Uzbekistan, Supreme Commander-in-Chief of the Armed Forces Shavkat Mirziyoyev a meeting was held on strengthening military security and defense capacity of the state.
The meeting was attended by members of the Security Council, heads of ministries and departments within the Armed Forces of Uzbekistan, commanders of military districts, as well as the chairmen of the Jokargy Kenges and the Council of Ministers of the Republic of Karakalpakstan, regional and Tashkent city khokims, as well as responsible persons of local authorities in the videoconference format.
At the beginning of the meeting, the adopted measures on strengthening the country's defense capacity and their results were reviewed, certain shortcomings in this work were pointed out.
It was noted that the national army is being equipped with modern weapons and equipment, the level of combat and moral-psychological training of servicemen has significantly increased.
In view of international experience and the analyses carried out, new combat units have been formed to prevent and eliminate internal and external threats, and the organizational structure of the troops has been optimized.
It was underlined that the creation of a new system of modernization and modern equipment of the army continues - the defense industry is developing and additional enterprises have been set up. The Armed Forces of Uzbekistan have established bilateral military cooperation with more than 20 countries and successfully participated in more than 400 joint exercises.
The infrastructure of higher military schools within the Armed Forces has been completely modernized, their curricula and methodology brought in line with modern requirements.
The social and legal protection of servicemen and their families has been strengthened. In particular, about 30,000 families have been provided with housing, and more than 2,000 children of servicemen have received benefits when enrolling in higher educational institutions.
Military administrative sectors, government and public organizations are involved in creating favourable conditions for homeland defenders. Attention to the issues of educating young people in the spirit of patriotism and initial pre-conscription military training in schools is being intensified.
The meeting identified priority tasks for 2025 and subsequent years.
The need to consider contemporary armed conflicts, existing threats to national security and the peculiarities of the theater of military operations when planning for the further development of the army was emphasized.
It has been indicated that artificial intelligence, robotic systems, missiles, drones and means of countering them are widely used in today's regional conflicts. In this connection, it has been instructed to create new units in the armed forces to combat drones, use robotic equipment, air defense, and cyber structures utilizing artificial intelligence technologies.
The Supreme Commander-in-Chief emphasized the need to further improve the combat readiness of the army, raise the level of combat training, create a unified automated troop management system using artificial intelligence technologies, as well as introduce dual training in military education and training of military personnel.
Priority tasks have been set to improve the activities of the “Corps of Master Sergeants”, which is the backbone of the army, further develop the defense industry, provide social support to servicemen and their families, educate young people in the spirit of patriotism and involve them in military sports.
Reports and proposals by the Minister of Defense, commanders of military districts and other responsible persons were heard at the meeting.
On August 14-15, 2025, the VIII Central Asian Expert Forum (CAEF) will be held in Tashkent under the title “Central Asia – a common space of trust, security and sustainable development”.
Established in 2018, the CAEF is held annually in the country chairing the Consultative Meeting of the Heads of State of Central Asia. The forum serves as an important platform for discussing the current state and prospects of regional cooperation, as well as developing recommendations for the further development of cooperation in Central Asia.
The Forum is organized by the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan (ISRS). Event partners include the Regional Center for Preventive Diplomacy for Central Asia, the European Union Delegation to Uzbekistan and the Organization for Security and Cooperation in Europe (OSCE), and the Konrad Adenauer Foundation.
The Forum will traditionally bring together heads and specialists of strategic institutes, research centers, and academic institutions from across the region. For the first time, prominent experts from the EU, ASEAN, the Nordic Council, as well as researchers from the Russian Federation, the USA, Great Britain, Switzerland and Azerbaijan have been invited to participate in its work in order to exchange experience in regional studies.
The Forum’s program will focus on prospects for deepening regional cooperation and explore specific measures to promote multifaceted collaboration.
In addition, the Forum will feature separate events: a scientific-practical conference on shaping regional identity and a roundtable discussing prospects for partnership between Central Asia and Northern Europe.
The upcoming expert dialogue is expected to identify common interests and outline priorities for Central Asia’s future development. The resulting recommendations will enrich the agenda of the forthcoming Consultative Meeting of the Heads of State of Central Asia, scheduled to take place this year in Uzbekistan.
The analysis covers the key thematic and semantic emphases of the President’s speech, the structure of core concepts and their interrelations, priority directions of state policy, as well as the strategic benchmarks for the country’s socio-economic development in 2026.
On 26 December 2025, President Shavkat Mirziyoyev delivered his Address to the Oliy Majlis and the people of Uzbekistan. Experts of the Center for Economic Research and Reforms (CERR) conducted a linguistic content analysis of the President’s speech.
The analysis was carried out using modern linguistic methods and is aimed at identifying semantic priorities, key concepts and their connections. A word cloud and diagrams were also prepared to visually demonstrate the priority directions of state policy.
Analysis (from the original language)
In total, the President used 9,135 words in his Address. The creation of a word cloud made it possible to visualize the most significant themes and gain a deeper understanding of the priorities and directions of the country’s socio-economic development.
Figure 1. Most frequently used words in the President’s Address (26.12.2025)
The linguistic analysis showed that the most frequently used key words included “mahalla” – 49 times, “aholi” (population) – 35 times, “iqtisodiyot” (economy) – 28 times, “bozor” (market) – 26 times, “loyiha” (project) – 25 times, and “technology” – 22 times (Fig. 1).
Words such as “ta’lim” (education), “natija” (result) and “daromad” (income) were each used 20 times; “tadbirkor” (entrepreneur) and “sanoat” (industry) – 19 times each; “suv” (water) – 18 times; “elektr” (electricity) and “hudud” (territory) – 17 times each; “yoshlar” (youth), “infratuzilma” (infrastructure) and “qurilish” (construction) – 16 times each.
The analysis of two-word expressions showed that the phrase “Markaziy Osiyo” (Central Asia) was used eight times; “aholi daromadi” (household income), “qishloq xo‘jaligi” (agriculture) and “yangi bosqich” (new stage) – seven times; “yangi texnologiyalar” (new technologies) and “Toshkent shahri” (city of Tashkent) – six times each. Expressions such as “Davlat xizmatlari” (public services), “xorijiy investitsiya” (foreign investment) and “yangi tizim” (new system) were used five times, while “dual ta’lim” (dual education), “ish o‘rni” (jobs), “viloyat markazlari” (regional centers) and “tuman byudjeti” (district budgets) were used four times each.
Among three-word combinations, the most frequent expressions included “the next five years” – nine times; “based on dual education” – four times; and “water-saving technologies” and “water, electricity” – three times each.
Thus, the analysis shows that at the core of state policy are the mahalla, public welfare, and the transition to a new stage of development based on economic and technological transformation, with clearly defined strategic objectives for the next five years.
Thematic structure of the speech
The diagram below shows the distribution of the speech’s vocabulary by key directions, where the content is grouped into nine main thematic blocks.
The diagram clearly demonstrates that technological development and human interests, implemented at the level of the mahalla, are at the center of state policy. The ultimate goal of all reforms is to ensure public welfare through sustainable economic growth (Fig. 2).
Figure 2. Distribution of words by thematic areas in the structure of the speech
Interconnection of development directions
The analysis highlights key words that demonstrate the interconnection between various directions of Uzbekistan’s state policy in the coming years.
The transition of the economy to a technological and innovation-based growth model is a central element of state policy and implies a shift away from a raw-materials model toward high-tech industry. This direction is closely linked with such concepts as “investment,” “technology,” “market,” and “product.”
The block on economic growth and welfare reflects the key outcomes of reforms, including the increase of the economy to $145 bn and a twofold reduction in poverty over the past three years. It is directly associated with the concepts of “population,” “economy,” “mahalla,” and “services.”
The social foundation of reforms is built through the development of the mahalla and social solidarity. This direction is associated with “mahalla,” “youth,” “society,” and “values.”
Structuring vocabulary by thematic areas shows that the core of the President’s speech is technological modernization of the economy and a human-centered governance model based on the “mahallabay” system.
It emphasizes the interconnection between economic growth, improvement of public welfare and the development of local infrastructure, as well as priorities such as strengthening human capital, expanding employment and increasing the efficiency of public administration.
Figure 3. Interconnection of development directions
Among the highlighted semantic blocks are also tasks related to stimulating domestic demand, developing the housing and tourism sectors, modernizing the transport system, increasing productivity in agriculture and introducing water-saving technologies.
Special emphasis is placed on the “green” agenda, including the development of renewable energy, expansion of the “Yashil Makon” (“Green Space”) initiative, and strengthening resilience to climate risks.
In the foreign policy dimension, the analysis highlights Uzbekistan’s openness, strengthening of good-neighborly relations, and integration into the global economic system.
The linguistic analysis confirms that the idea at the core of the President’s speech is built around the triad “inson qadri – mahalla – farovonlik” (human dignity – mahalla – welfare), where the goal of reforms is sustainable growth, improved quality of life, and the further strengthening of Uzbekistan’s position.
Ilyos Rabbimov, CERR
CERR Public Relations Service
For inquiries, please contact:
(78) 150 02 02 (417)
URGENCH, September 28. /IA “Dunyo”/. A delegation of Latvian businessmen visited Khorezm with the support of the Embassy of Uzbekistan in Riga, Dunyot news agency's correspondent reports.
During the visit, a business forum and meetings were held with participation of representatives of business circles of the two countries.
The parties exchanged views on economic and investment potential of Khorezm region, opportunities for realization of joint projects in agriculture, personnel training, services, logistics and energy.
The Latvian side also familiarized with the activities of “Opportunity Generosity” LLC, a pharmaceutical manufacturer located in Urgench, and other companies.
As a result of the visit, representatives of Latvian companies expressed interest in the implementation of specific projects in the field of education, in connection with which the relevant documents were signed.
In recent years, the Republic of Uzbekistan has embarked on a structured and institutionally grounded transition toward a green economy, positioning sustainability as a core driver of long-term economic resilience, competitiveness, and global integration.
This transformation reflects a comprehensive approach that combines policy reform, market-based instruments, and active international cooperation, enabling the country to move from strategic commitments to measurable outcomes.
The foundation of Uzbekistan’s green transition was laid through the adoption of a comprehensive policy framework in 2022, which established strategic priorities for green growth through 2030. This framework includes sectoral energy efficiency concepts, a national green growth program, and a detailed action plan.
Importantly, the government has set clear quantitative targets, including reducing the energy intensity of GDP by 20 percent by 2026 compared to 2022 levels. Institutional capacity has also been strengthened through the establishment of interagency coordination mechanisms and donor engagement platforms, ensuring coherent implementation across sectors.
A major milestone in the reform process has been the introduction of a green energy certificate system, which enables verification that electricity is generated from renewable sources. This system has facilitated the development of a transparent renewable energy market and strengthened the ability of domestic producers to access environmentally regulated export markets.
To date, more than 446,000 green energy certificates have been issued and traded, reflecting growing demand for clean energy solutions and increasing private sector engagement.
Uzbekistan has taken a pioneering role in Central Asia in developing carbon market mechanisms. In cooperation with the World Bank, the country is implementing innovative approaches to carbon trading in line with Article 6 of the Paris Agreement.
Through initiatives such as the iCRAFT project, supported by the Transformative Carbon Asset Facility (TCAF), Uzbekistan is mobilizing up to $46.2 million in climate finance between 2024 and 2028. Initial results include the reduction of approximately 10 million tons of CO₂-equivalent emissions and the attraction of around $15 million in funding.
At the same time, regulatory frameworks for international carbon trading and emissions accounting are being developed, positioning Uzbekistan for full participation in global carbon markets.
A key achievement has been the adoption of the Law on Limiting Greenhouse Gas Emissions in 2025, which establishes the legal foundation for emissions regulation, national registries, and climate policy instruments.
Complementing this, Uzbekistan has introduced a national transparency system to monitor progress toward its Nationally Determined Contributions (NDCs). This system enhances data reliability, strengthens accountability, and builds trust among international investors and development partners.
Uzbekistan is actively developing a national green finance ecosystem aimed at mobilizing public, private, and international capital. Policy efforts include the development of green financing frameworks, institutional mechanisms, and project pipelines.
International partners play a critical role in this process. Cooperation with institutions such as the European Bank for Reconstruction and Development has enabled the implementation of green financing programs, including the Green Economy Financing Facility (GEFF), channeling substantial resources into energy efficiency and sustainable technologies.
Furthermore, Uzbekistan’s participation in the Climate Investment Funds Industrial Decarbonization Program provides access to up to $250 million in concessional financing, significantly expanding the scale of green investments.
The transition to a green economy is closely linked to industrial modernization.
Uzbekistan is implementing targeted programs to support enterprises in adopting low-carbon technologies, improving resource efficiency, and enhancing competitiveness.
Partnerships with international organizations, including German development institutions, are facilitating policy development, capacity building, and practical support for small and medium-sized enterprises in reducing emissions and transitioning to sustainable production models.
Uzbekistan continues to strengthen its role in global climate governance through active international engagement. The country has joined the Global Methane Pledge, committing to reduce methane emissions by at least 30 percent by 2030.
Bilateral cooperation is expanding through mechanisms such as the Joint Crediting Mechanism (JCM) with Japan, as well as climate partnerships with the Republic of Korea, Germany, and Hungary under the Paris Agreement framework.
In addition, the Ministry of Economy and Finance has joined the Coalition of Finance Ministers for Climate Action, reflecting the integration of climate considerations into macroeconomic and fiscal policy.
Digital transformation plays an increasingly important role in supporting green reforms. Uzbekistan has launched a national online platform that consolidates data on green projects, regulatory frameworks, and international practices.
This digital infrastructure enhances transparency, supports evidence-based policymaking, and improves coordination across institutions.
Uzbekistan’s transition to a green economy represents a comprehensive and forward-looking reform agenda that integrates institutional development, market mechanisms, and international cooperation.
The progress achieved to date demonstrates a clear shift from policy design to effective implementation. By strengthening governance frameworks, mobilizing green finance, and fostering global partnerships, Uzbekistan is building a resilient and sustainable economic model.
In the long term, the green transition is expected to serve not only as an environmental imperative but also as a key driver of economic growth, investment attractiveness, and deeper integration into the global economy.
Ministry of Economy and Finance
of the Republic of Uzbekistan