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

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

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

Investment: A Focus on Trust and Long-Term Capital

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

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

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

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

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

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

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

Industry: Transitioning to a More Sophisticated Economy

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

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

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

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

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

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

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

Trade: Connectivity as a Driver of Competitiveness

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

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

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

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

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

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

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

WTO: Rules, Trust and Market Access

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

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

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

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

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

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

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

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

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

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

Strategic Priorities for Growth: Capital, Technology and Exports

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

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

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

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

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

Uzbekistan and the G20: Shared Priorities, Practical Outcomes

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

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

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

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

Contemporary relations between Uzbekistan and Belarus demonstrate a steady upward trajectory, based on the principles of mutual respect, trust and pragmatism. Despite their geographical distance, the two countries have succeeded in establishing an effective system of partnership built upon the complementarity of their economies, the similarity of their approaches to socio-economic development, and their shared interest in expanding mutually beneficial cooperation.

Since 2017, the dialogue between the two states has acquired a qualitatively new substance. Regular contacts at the highest and high levels, the work of the Intergovernmental Commission, as well as the holding of regional forums and business events, have made it possible to give bilateral cooperation a comprehensive and systematic character.

An important factor in the expansion of international ties has been the large-scale reforms carried out in Uzbekistan under the leadership of President Shavkat Mirziyoyev. Economic liberalisation, the improvement of the investment climate, the development of free economic zones and the policy of openness have significantly increased the country’s attractiveness and created additional opportunities for deepening bilateral partnership.

Today, amid the transformation of the global economy, the restructuring of logistics chains and the emergence of new centres of economic growth, this partnership is gaining particular relevance and strategic significance.

At the same time, a key factor in the sustainable development of Uzbek-Belarusian relations is the high level of political mutual understanding. The constructive mechanism of interaction established by the two sides enables them to effectively coordinate joint actions across a broad range of issues.

The strong dynamics of relations are evidenced by regular negotiations at the highest level: since 2017, more than eight meetings have been held. Such an intensive schedule of contacts has made it possible to promptly address emerging issues on the bilateral agenda and define long-term priorities.

A powerful impetus to cooperation was provided by the official visit of President of Belarus Alexander Lukashenko to Uzbekistan in February 2024. Following the visit, a Joint Statement was adopted and a Roadmap was prepared for the implementation of the agreed decisions. Practically all subsequent steps — in trade, industrial cooperation and the humanitarian sphere — have been a direct result of these agreements.

In February 2026, Tashkent hosted Prime Minister of Belarus Alexander Turchin. During his talks with President of Uzbekistan Shavkat Mirziyoyev, a new agenda was outlined in preparation for upcoming interstate events at the highest level, and the readiness of both sides to consistently implement the planned projects was reaffirmed.

The practical elaboration of joint initiatives is carried out within the framework of the Intergovernmental Commission on Bilateral Cooperation. In May 2026, its 12th meeting was held under the co-chairmanship of Deputy Prime Ministers of Uzbekistan and Belarus Jamshid Khodjaev and Yuri Shuleiko.

The parties discussed preparations for the Partnership Roadmap for 2026–2030, as well as measures to further expand trade, economic and investment cooperation. Particular emphasis was placed on broadening the range of mutual supplies, intensifying industrial cooperation and establishing joint production facilities for high value-added goods. The priority areas identified include electrical engineering, pharmaceuticals, the chemical industry, agricultural machinery production, construction materials, textiles and ready-made garments.

Contacts between the foreign ministries deserve special attention. In 2025, Minister of Foreign Affairs of Belarus Maxim Ryzhenkov visited Termez, where, together with his Uzbek counterpart Bakhtiyor Saidov, he discussed prospects for expanding trade routes through the free trade zone of the International Trade Centre Termez, as well as promoting routes through Afghanistan. This confirms that transit and logistics are assuming an increasingly important place on the bilateral agenda.

The treaty and legal framework of Uzbek-Belarusian relations is also being consistently expanded. To date, the two countries have concluded more than 126 interstate, intergovernmental and interdepartmental agreements regulating cooperation in various areas. This extensive body of agreements forms a reliable institutional basis for cooperation, enabling political decisions to be translated into practical implementation and ensuring continuity in key areas.

The trade and economic sphere demonstrate the highest growth rates. Over the past five years, mutual trade turnover has increased 2.7 times. Belarusian supplies to Uzbekistan have grown 2.5 times, while Uzbek exports to Belarus have increased almost fourfold. By the end of 2025, a 25 per cent rise in mutual trade was recorded, bringing its volume to USD 965 million. This brings the two sides close to the USD 1 billion threshold set by the heads of state as a strategic benchmark.

Moreover, the pace of growth is accelerating. In the first quarter of 2026 alone, trade turnover increased by almost 50 per cent year-on-year, reaching USD 259.7 million. Against this background, the parties have begun developing a joint programme to raise trade turnover to USD 2 billion by 2030. Today, Belarus ranks third among CIS countries in terms of trade turnover in Uzbekistan’s foreign trade, after only Russia and Kazakhstan.

The principal components of Uzbekistan’s exports to Belarus include textiles, fruit, metals and selected industrial products. Imports from Belarus consist primarily of meat and dairy products, timber, vehicles, pharmaceuticals, fuel, machinery, equipment and metal products.

An important step towards expanding trade and economic cooperation was the announcement in March 2026 of the establishment of the Uzbekistan Trade House in Minsk. The project envisages the creation of a permanent platform for promoting Uzbek products, showcasing the output of domestic manufacturers and strengthening business-to-business ties.

Importantly, bilateral interaction extends well beyond trade. Increasing significance is being attached to industrial cooperation aimed at establishing joint ventures, localising technologies and developing export-oriented production facilities.

As of early 2025, approximately 250 enterprises with Belarusian capital were registered in Uzbekistan, while around 87 joint Uzbek-Belarusian companies were operating in Belarus. The overall portfolio of joint projects exceeds USD 300 million, demonstrating that bilateral cooperation has evolved into a systematic and sustainable partnership rather than a series of isolated business initiatives.

The priority areas of industrial cooperation include mechanical engineering, electrical engineering, pharmaceuticals, the textile industry and food processing. Traditionally, agricultural machinery has remained the flagship area of cooperation, with Belarusian products—including tractors, combine harvesters and specialised agricultural equipment—holding strong positions in the Uzbek market. Today, however, the two countries are moving to a new stage by establishing assembly lines and manufacturing facilities within Uzbekistan.

In February 2026, prospects for further cooperation were thoroughly examined during a business dialogue held at the Mogilev Free Economic Zone, with the participation of diplomats, regional authorities and business representatives from both countries. The participants identified several priority sectors, including electrical engineering, the chemical industry, construction materials and textiles, while also emphasising the importance of expanding the presence of Belarusian companies in the Uzbek market through investment mechanisms rather than relying solely on exports.

It should be noted that a solid practical foundation for deeper cooperation has already been established. A joint production facility manufacturing BELARUS tractors operates in the Tashkent Region; in partnership with EnergoKomplekt, the Enco Group high-voltage cable manufacturing plant has been launched; and the Belarusian-Uzbek joint venture UzShoes has been successfully operating in the city of Karshi.

The two countries have also agreed to promote joint production of high value-added goods. This transition—from traditional trade to the joint creation of competitive industrial products—represents the most significant qualitative shift in bilateral economic relations.

One of the most promising areas of cooperation remains the agro-industrial sector. According to the results of 2025, agricultural products accounted for almost 25 per cent of Belarus’s total exports, while the agro-industrial sector generated around 7 per cent of the country's GDP. These figures highlight considerable potential for cooperation within the CIS market, based on the complementary nature of the two economies. Belarus possesses a highly developed dairy and meat industry, grain processing capacities and an advanced food industry, whereas Uzbekistan offers a rich agricultural resource base, a strong fruit- and grape-growing sector, and a large consumer market.

Against this backdrop, the cooperation agreement on food security and food industry development, signed in Tashkent in May 2026 between the relevant ministries of the two countries, represents a logical and important step forward. The agreement elevates bilateral cooperation in the agro-industrial sector to a fundamentally new level of systematic and predictable partnership, replacing ad hoc commercial transactions with long-term strategic collaboration. A clear indication of this progress is the substantial increase in bilateral trade in agricultural and food products, which reached USD 338.9 million in 2025, compared with USD 234.2 million the previous year.

From a long-term perspective, the establishment of joint agro-industrial enterprises in Uzbekistan for fruit and vegetable processing, dairy production, storage technologies and logistics represents an area of considerable strategic importance. Belarusian expertise in land reclamation and water management could also be effectively applied, particularly in the context of Uzbekistan’s large-scale programmes for the development of new irrigated agricultural land.

Another important indicator of bilateral cooperation is the volume of freight transportation. In 2025, cargo shipments exceeded 796.6 thousand tonnes, representing a 6 per cent increase compared with the previous year. At the same time, both countries continue to actively diversify transport routes, including through Central Asia and Afghanistan, thereby enhancing the reliability and resilience of supply chains.

Interregional cooperation is also developing dynamically. Direct partnership links between the regions and cities of Uzbekistan and Belarus complement the central-level political dialogue and serve as an important source of practical initiatives. It is at the regional level that concrete production chains, educational partnerships and cultural exchanges are being established.

The sustainability of this dimension of cooperation is evidenced by the growing intensity of contacts between the regions of the two countries. Since 2017, more than 40 visits by representatives of the regions of Uzbekistan and Belarus have taken place, reflecting the high level of engagement. Regional Forums have played a particularly important role in institutionalising bilateral relations, becoming a regular and effective platform for launching new joint initiatives. A notable example was the conclusion in 2025 of cooperation agreements between the cities of Navoi and Orsha, as well as Termez and Polotsk, giving these partnerships a practical and long-term orientation.

Overall, the accumulated potential of Uzbek-Belarusian cooperation indicates that bilateral partnership has entered a qualitatively new stage of development. Its progress is now determined not only by the positive dynamics of individual indicators, but also by the establishment of sustainable mechanisms of cooperation that ensure the long-term implementation of the strategic course pursued by both countries.

The political, institutional and economic foundations that have been established enable the two sides to pursue ambitious objectives aimed at deepening industrial cooperation, attracting investment, strengthening transport connectivity and implementing joint projects in high-technology and innovation-driven sectors. Taken together, these factors demonstrate that Uzbekistan and Belarus possess a substantial reserve of resilience and maintain significant potential for further progress in the interests of both nations.

Iroda Imamova

Leading Research Fellow

Institute for Strategic and Interregional Studies under the President of the Republic of Uzbekistan

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

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

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

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

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

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

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

Uzbekistan — a country of trust, stability and opportunity.

An analysis of nighttime satellite illumination data indicates a strengthening of economic activity across regions and an expansion in the number of territories exhibiting urban-type development.

The Center for Economic Research and Reforms (CERR) applied satellite-based nighttime lights (NTL) data to assess economic activity at the level of regions and cities in Uzbekistan.

The analysis shows that higher light intensity corresponds to higher levels of economic activity and more advanced urban infrastructure.

CERR’s findings demonstrate a high degree of consistency between satellite-based indicators and official statistics. In particular, according to estimates based on NASA nighttime lights data, nominal GDP per capita in Uzbekistan grew by 80.3% in 2020–2025, corresponding to an average annual growth rate of 15.8%, increasing from $2,090 to $3,887 over five years.

For comparison, according to official statistics, GDP per capita increased by 81.8% over the same period, with an average annual growth rate of 16.1%, rising from $2,048 to $3,881.

Economic Activity in Large and Medium-Sized Cities

According to the data, over the past five years the highest growth in gross regional product (GRP) per capita among regions was recorded in the city of Tashkent, where the indicator increased by approximately $5,000, reaching $9.3 thousand by the end of 2025 (according to official statistics — $9.2 thousand).

Estimates for 2025 also show high GRP per capita levels in a number of large and medium-sized cities. In Navoi, the NTL-based estimate reached $9.3 thousand, in Zarafshan $7.9 thousand, in Samarkand $7.2 thousand, in Kokand and Andijan $6.7 thousand each, and in Akhangaran, Yangiyul, and Bukhara ranged from $5.8 thousand to $5.2 thousand, respectively.

Relatively high growth rates of GRP per capita were also observed across several regions. In Tashkent region, the indicator increased by $1.8 thousand to reach around $4 thousand. In Navoi region, GRP per capita also grew by $1.8 thousand to approximately $4 thousand. In Fergana and Syrdarya regions, the increase amounted to $1.6 thousand, reaching about $3.5 thousand and $3.4 thousand, respectively.

Economic Activity in Small and Medium-Sized Cities

Relatively high GRP per capita levels were also recorded in a number of small and medium-sized cities. In Termez, the indicator reached $5.1 thousand, in Margilan and Chirchik around $5 thousand, and in Namangan $4.8 thousand. Economic activity levels also remain relatively high in the cities of Kagan and Urgench.

Economic Activity at the District Level

At the district level, the highest GRP per capita growth dynamics in 2020–2025 were observed in Mirabad district, where the indicator increased by $7.1 thousand, in Yakkasaray district by $6.3 thousand, and in Chilanzar district by $5.6 thousand. As a result, GRP per capita in these districts exceeded $10 thousand, which is nearly three times higher than the average across other districts and cities in the country.

Among districts, the highest growth rates of economic activity were also recorded in Karmana district (2.5-fold increase), Yashnabad and Bektemir districts (2.4-fold), as well as Sergeli, Yangi Hayot, and Mirzo Ulugbek districts (2.3-fold).

Expansion of Territories with High Economic Activity

The use of nighttime lights data also made it possible to assess urbanization processes at the district level. In particular, between 2020 and 2025, the number of territories with high nighttime light intensity (NTL above 10), characteristic of urban agglomerations, increased from 22 to 31. The average GRP per capita in these territories rose from $3.8 thousand to $7 thousand.

At the same time, over five years the number of districts with low nighttime light intensity (NTL below 1) declined from 129 to 85, confirming the transition of 44 districts toward an urban-type development model.

In these districts, NTL levels increased on average by more than 2.5 times, while GRP per capita rose from $1.7 thousand to $3.2 thousand.

Conclusion

The results confirm that satellite-based nighttime lights data can effectively complement official statistics and be used for timely assessment of regional economic activity.

This approach enables the identification of new growth points and allows for more targeted allocation of state support toward infrastructure development and investment activity in the regions.

Abdulaziz Gaybullayev, CERR

CERR Public Relations Sector

Tel.: (+998) 78 150-32-20 (417)

President of Uzbekistan Shavkat Mirziyoyev will pay a state visit to Georgia on July 2-3

Bilateral relations between Uzbekistan and Georgia are underpinned by profound, centuries-old historical ties, and are undergoing a systematic, dynamic evolution across the political, economic, cultural and humanitarian spectrums in the contemporary era.

Two nations are bound not only by ancient trade routes but also by a comprehensive cooperation firmly anchored in mutual respect, trust, and a profound alignment of strategic interests. In recent years, high-level exchanges, substantial expansion of trade and economic ties and intensification of cultural exchange have successfully elevated bilateral relations to a qualitatively new and historic milestone.

Diplomatic relations between Uzbekistan and Georgia were established on August 19, 1994. Since then, the political dialogue between the two sovereign states has consistently and progressively advanced. In September 1995, Treaty of Friendship and Cooperation was signed, serving as the foundational legal instrument underpinning bilateral relations.

In recent years, regular engagements between Heads of State and Government have substantially enhanced the foundation of bilateral political trust. In particular, between 2022 and 2025, a profound impetus was imparted to the expansion of comprehensive cooperation through reciprocal official visits by the Prime Ministers of both nations, high-level presidential dialogues, sessions of the Joint Intergovernmental Commission and institutionalized political consultations between the respective Ministries of Foreign Affairs.

On March 5^th, 2025, President of Uzbekistan received a high-level delegation led by the Prime Minister of Georgia, Irakli Kobakhidze, who arrived in our country on an official visit. During the meeting, the sides comprehensively reviewed matters pertaining to the further expansion of mutually beneficial cooperation across the trade, economic, investment, transport, logistics, tourism and cultural dimensions. It was noted with profound satisfaction that institutional contacts at the parliamentary and governmental levels of the two nations have intensified significantly.

Inter-parliamentary cooperation is likewise undergoing a consistent and progressive evolution. Concurrently, an inter-parliamentary cooperation group dedicated to fostering relations with the Parliament of Georgia functions actively within the Legislative Chamber of the Oliy Majlis. Furthermore, representatives of Georgia routinely participate as international observers in the presidential and parliamentary elections conducted within Uzbekistan.

A free trade regime operates between the two nations, serving as a catalyst for the sustained growth of reciprocal trade turnover. Over the past five years, the volume of bilateral trade has increased two and a half times, accompanied by a rise in the number of joint ventures and a substantial expansion in the volume of cargo transportation.

Furthermore, a digital bank established with the participation of Georgian investors is operating successfully within Uzbekistan.

Furthermore, in June 2025, “Made in Uzbekistan” National Exhibition was organized in Tbilisi, featuring the active participation of over one hundred premier Uzbek enterprises representing the textile, electrical engineering, pharmaceutical, food processing, mechanical engineering and other pivotal industrial sectors.

Matters of transit, transport, and logistical interaction occupy a distinctive place within the architecture of bilateral cooperation. In June of the current year, the official opening ceremony of the modernized Baku - Tbilisi - Kars railway was hosted in the city of Akhalkalaki. In the strategic perspective, the seamless integration of this transport corridor with the construction of the China - Kyrgyzstan - Uzbekistan railway will substantively reinforce the comprehensive transit potential of our respective nations.

Cultural cooperation between Uzbekistan and Georgia is likewise anchored in rich, enduring traditions. Cinema days, cultural festivals, as well as institutional events in the spheres of science and education, are organized on a regular basis.

In the preceding year, Days of Uzbek Culture and Cinema were successfully hosted in Tbilisi, while in the current year, Days of Georgian Culture were celebrated with grand success in Tashkent.

One of the enduring symbols of the profound bonds of friendship uniting the two sovereign states is a central avenue in the capital of Uzbekistan, which proudly bears the name of the eminent Georgian poet Shota Rustaveli, alongside a monument erected in his honor.

Concurrently, in 2025, by the decree of the Tbilisi City Assembly, a prominent central park in the capital of Georgia was officially named after the great Uzbek poet and thinker Alisher Navoi. This monumental gesture stands as a vivid testament to the deep, reciprocal reverence that both nations possess for each other's rich history and cultural heritage.

Today, direct air services operating on the Tashkent - Tbilisi and Tashkent - Batumi routes serve to further catalyze the robust expansion of tourism and business linkages between the two nations.

At present, approximately four thousand citizens of Georgian heritage reside in Uzbekistan. Furthermore, since 1994, the Georgian Cultural Center “Megobroba” ("Friendship") has successfully functioned in Tashkent, contributing significantly to the preservation and promotion of their distinct cultural identity.

It should be noted that the relations between the peoples of Uzbekistan and Georgia trace their roots back to deep antiquity. Ancient authors historically documented the existence of trade linkages between Khwarazm and Colchis, which were actively maintained along Amu Darya river and across the Caspian Sea.

Following the establishment of the Great Silk Road, particularly from the 6^th century onward, one of the most critical commercial routes connecting the Caucasus and the Byzantine Empire traversed through Samarkand, Bukhara and Khwarazm. Furthermore, in Shota Rustaveli’s renowned 12^th-century epic poem, Knight in the Panther's Skin, explicit reference is made to Khwarazm. This compellingly demonstrates that deep-seated historical, cultural and trade linkages actively existed between Georgia and Central Asia as early as the Middle Ages.

In subsequent periods, representatives of the Georgian people likewise took an active part in the public life of Uzbekistan, among whom were prominent entrepreneurs, architects, scientists, cultural figures and medical professionals. Distinct symbols of the enduring friendship between the two nations include the entrepreneur George Tsintsadze, under whose initiative the renowned “Colosseum” Theater was constructed in Tashkent, as well as Academician Edvard Rtveladze, who rendered an monumental contribution to the development of archaeological science in Uzbekistan.

The scientific heritage of Academician Edvard Rtveladze merits profound and distinctive attention. Hundreds of his scholarly works dedicated to the comprehensive history of Uzbekistan and the thorough examination of Great Silk Road, alongside groundbreaking research that successfully established the precise location of the ancient settlement in the Surkhandarya region, have garnered widespread international acclaim and constitute a monumental contribution to global historical science.

In conclusion, it should be emphasized that amidst the complexities of the contemporary international landscape, relations between Uzbekistan and Georgia continue to systematically evolve on the basis of unwavering mutual trust, open dialogue, and pragmatic cooperation. The steadfast political will of the Leaders of the two states, the dynamic expansion of economic and humanitarian linkages, and a rich historical heritage serve as a solid foundation for the further reinforcement of the mutually beneficial partnership between the two nations.

There is no doubt that such large-scale interaction, regular engagements, and constructive dialogue will continue to facilitate the expansion of comprehensive cooperation in the fields of trade, transport, investments, tourism, culture, and other domains, thereby forging a reliable foundation for the further progressive development of Uzbek-Georgian relations.

Dunyo IA

Today, global demand for water resources is steadily increasing. In this context, the rational use of shared water resources in Central Asia is one of the key factors in ensuring regional security, stability, and sustainable development.

The constructive proposals and practical initiatives put forward by the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, aimed at addressing global environmental challenges—particularly water security—are widely supported by countries across the region. In this regard, the introduction of modern irrigation technologies is considered the most effective solution for improving water-use efficiency in agriculture. These technologies not only help conserve water but also reduce costs related to fertilizers, fuel, and labor, while increasing agricultural productivity.

From the early stages of reforms in New Uzbekistan, enhancing the culture of water use has been elevated to the level of state policy. The “Uzbekistan–2030” Development Strategy identifies the widespread introduction of water-saving technologies across all irrigated lands as a top priority.

In his Address to the Oliy Majlis and the people of Uzbekistan, the President emphasized the importance of this issue, noting that a total of 3.3 trillion UZS will be allocated in 2026 for the implementation of water-saving technologies (approximately $275 million).

Analysis shows that since 2019, the state support mechanism—including subsidies for the adoption of water-saving technologies—has proven effective and has significantly encouraged clusters and farmers.

As a result, between 2019 and 2025:

• drip irrigation was introduced on 664,000 hectares,
• sprinkler irrigation on 124,000 hectares,
• other modern irrigation methods on 73,000 hectares,
• water-saving irrigation using flexible pipes and film-lined furrows on 124,000 hectares,
• and 1.6 million hectares were laser-leveled.

As a specialist in this field, I can confidently say that water-saving irrigation methods—particularly drip and sprinkler systems—are becoming increasingly popular among farmers.

On February 3 of this year, a presentation was held before the President focusing on improving water efficiency and expanding the use of water-saving technologies. Additional measures to scale up these efforts were discussed.

In particular, by 2028 it is planned to introduce water-saving technologies on an additional 930,000 hectares, increasing the total coverage to 3.5 million hectares, or approximately 80% of all irrigated land.

The adoption of these technologies will ensure more reliable water supply, especially for regions facing water scarcity. Reforms aimed at strengthening state support in this area are being consistently advanced.

In accordance with the Presidential Resolution dated February 5, 2026, new incentive mechanisms are being introduced for agricultural producers.

Specifically:

• the target is to expand water-saving technologies to 3.5 million hectares by 2028;
• drip irrigation will be introduced on 220,000 hectares,
• sprinkler irrigation on 110,000 hectares,
• and laser land leveling will be carried out on 600,000 hectares.

In 2026, commercial banks will allocate 2.6 trillion UZS in loans, while 800 billion UZS will be provided as subsidies.

A system for continuous professional development based on the experience of Xinjiang (China) will also be introduced.

Starting from 2027:

• water-use tax rates and subsidies will be differentiated based on water availability;
• a 1.25 coefficient will be applied for subsidies in water-scarce regions;
• and a doubled tax rate will apply where water-saving technologies are not implemented despite stable water supply.

From April 1, 2026, the use of traditional irrigation methods on subsidized lands where water-saving technologies have already been introduced will be considered unauthorized water use and will result in financial penalties.

In Uzbekistan, human capital development remains a priority. Under the “School of Water Specialists” initiative, 10,000 agricultural workers will be trained this year, and 358 specialists will undergo training abroad.

In addition, starting from the 2026/2027 academic year, higher education institutions will enhance training programs in this field, incorporating international best practices.

In conclusion, efforts to ensure the rational use of water resources, expand the adoption of water-saving technologies, and deepen sectoral reforms are reaching a new level.

Today, the time has come to elevate water conservation into a true nationwide value.

Dauranbek Kdirbaev,
Ministry of Water Resources

Head of the Department for the Implementation

At the invitation of the President of the United States, Donald Trump, the President of Uzbekistan, Shavkat Mirziyoyev, will pay a working visit to Washington, D.C. on February 17–19 of this year to participate in the inaugural meeting of the Peace Council. The Center for Economic Research and Reforms (CERR) has prepared an infographic presenting key indicators of trade, economic and investment cooperation between Uzbekistan and the United States over the past 9 years.

History of visits

The President of the Republic of Uzbekistan has visited the United States several times on working visits aimed at expanding bilateral Uzbek-American cooperation, as well as participating in events organized by the United Nations. The first official visit of the Head of our State to the United States took place on May 15–17, 2018 at the invitation of the U.S. President. During the visit, negotiations were held at the White House, the U.S. Congress and the Pentagon, and agreements were signed that marked the beginning of a new stage in the development of Uzbek-American relations.

In subsequent years, dialogue between the two countries developed through bilateral meetings and regional initiatives, including the C5+1 platform.

On September 20–24, 2025, a historic visit of the President of our country to New York took place to participate in events of the юбилейной 80th session of the UN General Assembly. The central event of the visit was the meeting between the Head of our State and U.S. President Donald Trump. The leaders of the two countries agreed to further strengthen Uzbek-American strategic partnership relations and expand practical cooperation.

During his stay in the US, the President of Uzbekistan also held a roundtable with representatives of the U.S. business community, as well as negotiations with executives of a number of leading multinational companies, corporations, investment funds and financial institutions, and took part in a ceremony for the exchange of signed bilateral trade contracts and investment agreements, including in the fields of critical minerals, civil aviation, chemical industry, energy and other priority sectors.

In order to create favorable conditions for the further development of bilateral interstate relations in trade, economic and tourism spheres, by Presidential Decree dated November 3, 2025, a visa-free regime for U.S. citizens entering Uzbekistan was introduced effective January 1, 2026.

Mutual trade indicators

The two countries operate under a Most Favored Nation trade regime.

Over the period 2017–2025, trade turnover between Uzbekistan and the United States increased 4.7-fold, from $215 mln to $1 bn. Exports grew 9.1-fold, from $32.1 mln to $291.7 mln, while imports increased 3.9-fold, from $182.9 mln to $712.3 mln.

The share of the United States in Uzbekistan’s foreign trade over this period rose as follows: in total trade turnover from 0.8% to 1.2%, in exports from 0.3% to 0.9%, and in imports from 1.3% to 1.5%.

In the structure of exports to the United States, the main share is accounted for by services — 81% (programming, financial, information and transport services), as well as petroleum products — 8.6% (aviation kerosene and others). These are followed by machinery and equipment — 3.7%; food products — 3.5% (dried fruits and vegetables, spices, rice and others); industrial goods — 3.3% (aluminum bars and profiles, rhenium metal and others); miscellaneous manufactured articles — 0.9%; chemicals — 0.4%; beverages and tobacco — 0.2%; and non-food raw materials — 0.1%.

In imports from the United States, machinery and equipment dominate — 59% (aircraft, automobiles and their parts, computer units, engines, pumps, machine tools and industrial installations). A significant share is also accounted for by services — 20.5% (financial, licensing, leasing and transport services). These are followed by chemicals — 9.7% (pharmaceuticals, binding agents and cosmetic substances); industrial goods — 3.8% (plastic and ferrous metal products and others); food products — 3.2% (poultry meat and by-products); miscellaneous manufactured articles — 2.2% (devices, instruments, paper products); non-food raw materials — 1.1% (cellulose and others); as well as beverages and tobacco — 0.5%.

Investment cooperation

As of February 1, 2026, there are 346 enterprises with U.S. capital operating in Uzbekistan, which accounts for about 2% of the total number of enterprises with foreign investment. Of these, 146 are joint ventures and 200 are foreign companies with U.S. capital participation.

The volume of foreign direct investment and loans from the United States over the past nine years has increased nearly 64-fold — from $8.6 mln in 2017 to $383.2 mln in 2025.

Overall, in 2017–2025 the cumulative volume of attracted U.S. FDI and loans into Uzbekistan’s economy exceeded $2.9 bn.

Investments were directed primarily into manufacturing industries (metallurgy, production of motor vehicles, beverages and textile products), mining industry, construction, services (real estate operations, education), as well as agriculture.

CERR Public relations and media sector

In recent years, relations between the Republic of Uzbekistan and the Kyrgyz Republic have become one of the key pillars of regional cooperation in Central Asia. These relations are founded on a shared border, historical proximity, regular political dialogue between the heads of state, and growing interdependence in trade, transport and logistics, energy, industry, agriculture, and the development of border regions. Consequently, the bilateral agenda is steadily evolving beyond the framework of traditional good-neighbourly relations toward a comprehensive and long-term economic partnership.

Regular high-level contacts continue to define the strategic direction of bilateral cooperation. The Joint Commission on Bilateral Cooperation remains the principal institutional mechanism for intergovernmental coordination. In May 2026, the Deputy Prime Ministers of Uzbekistan and Kyrgyzstan held a meeting on the sidelines of the KazanForum. In June, the relevant ministers discussed current issues related to trade, investment, and economic cooperation. On 22–23 June 2026, the 12th session of the Intergovernmental Commission was held in Cholpon-Ata.

An important component of this cooperation architecture is the development of direct interregional ties. The Council of Governors of Uzbekistan's border regions and the Plenipotentiary Representatives of the President of the Kyrgyz Republic, established in 2017, was transformed in 2025 into the Council of Heads of Regions of the two countries. As a continuation of this process, the first Uzbekistan–Kyrgyzstan Forum of Regions is planned to be held in Uzbekistan. This format has significant practical importance for promoting trade, logistics, border crossing infrastructure, local markets, and entrepreneurship in border areas.

Business-to-business cooperation is also becoming increasingly dynamic. In July 2024, Tashkent hosted a business forum attended by 350 entrepreneurs. The event resulted in the signing of 20 agreements worth a total of USD 213 million. Preparations for the next business forum in Bishkek confirm the regular nature of this dialogue and its focus not only on trade operations but also on projects aimed at strengthening industrial cooperation.

The growth in bilateral trade reflects the expanding economic interests of both countries. By the end of 2025, mutual trade had reached nearly USD 1.2 billion, representing an increase of 36.4 percent. The positive trend continued during January–May 2026, when bilateral trade amounted to USD 468.8 million, up by 43.9 percent compared to the same period of the previous year. Uzbekistan's exports increased by 60.8 percent, while imports from Kyrgyzstan grew by 12.1 percent. The commodity structure has also become increasingly diversified: Uzbekistan primarily exports textiles, food products, construction materials, and machinery, whereas imports from Kyrgyzstan include ores, electricity, metals, and plastic products.

To consolidate these positive trends, the two countries are implementing the Programme for Increasing Bilateral Trade for 2024–2030. The programme is aimed at moving beyond the expansion of individual commodity groups toward a more sustainable trade model through the diversification of product ranges, the development of new distribution channels, and the removal of trade barriers. Within this framework, the parties are addressing issues related to coal, construction materials, livestock, seedlings, and sheet glass.

The next stage of cooperation focuses on trade, logistics, and industrial instruments. The International Trade Centre "Termez" provides Kyrgyz products with an additional southern export route. Trade houses in Bishkek and Tashkent are expected to become permanent platforms for promoting bilateral trade, while assembly production facilities utilizing Uzbek-made components will add greater industrial value to bilateral economic relations.

The investment dimension is supported by the growing presence of businesses in each other's markets. Currently, 450 enterprises with Kyrgyz capital operate in Uzbekistan, while 85 enterprises with Uzbek capital are active in Kyrgyzstan. This demonstrates a gradual transition from conventional trade transactions to more sustainable forms of business cooperation.

Industrial cooperation is acquiring tangible substance. In the Chui Region, automobile production has been launched with the participation of the Uzbek side, including the assembly of the Onix, Captiva, Damas, Cobalt, Tahoe, and Tracker models.

The opportunities for cooperation, however, extend well beyond the automotive industry. In geology, both countries are interested in jointly exploring a number of mineral deposits, including iron ore and phosphorite reserves, as well as cooperating in the development of critical minerals. In the pharmaceutical sector, the parties are working on projects to manufacture affordable medicines.

The textile and light industry also retains considerable potential. Textile enterprises have already been established in Kara-Balta and Andijan, garment production is expanding in Bishkek and Osh Region, and textile manufacturing is being developed in the Chui Region.

Alongside industrial initiatives, energy cooperation remains of strategic importance. The Kambarata HPP-1 project occupies a central place on the bilateral agenda. It is essential to expedite the conclusion of the intergovernmental agreement on the project while ensuring a balanced approach to the water and energy interests of both countries.

Transport cooperation complements this agenda, as it directly affects the sustainability of economic ties. Creating predictable operating conditions for transport operators requires the establishment of a joint working group and the development of a Joint Transport and Logistics Programme for 2026–2028.

Financial support for a number of bilateral initiatives is provided by the Uzbekistan–Kyrgyzstan Development Fund. Its portfolio already includes projects in transport, finance, light industry, construction materials, and energy. Expanding the Fund's project portfolio and considering Kyrgyzstan's participation in its authorized capital could further strengthen the institution's long-term sustainability.

Border infrastructure also deserves particular attention, as it translates the broader bilateral agenda into practical cooperation at the regional level.

Overall, these developments demonstrate that Uzbekistan–Kyrgyzstan relations are entering a more mature stage of economic partnership. Growing trade, expanding industrial cooperation, energy coordination, transport connectivity, agricultural and industrial initiatives, together with enhanced financial mechanisms, are forming not merely a collection of individual agreements but an integrated system of long-term strategic partnership.

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

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

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

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

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

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

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

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

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

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

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

Such cooperation opens a number of significant advantages for Uzbekistan:

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

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

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

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

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

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

Dmitriy Trostyanskiy

Chief Research Fellow,

Institute for Strategic and Regional Studies

under the President of the Republic of Uzbekistan,

Doctor of Economic Sciences

September 22-24^th, 2026, traditional Plastex Uzbekistan 2026 exhibition will be held in the capital of Uzbekistan

More than 250 companies and brands from Austria, Germany, India, Iran, Italy, China, Latvia, Russia, Saudi Arabia, Türkiye and Uzbekistan have confirmed their participation in the exhibition.

Organizers: international exhibition company Iteca Exhibitions and its partner ICA Eurasia Group.

Every autumn, Plastex Uzbekistan brings together equipment manufacturers, raw material suppliers, processors, engineers and executives from the polymer industry in Tashkent. As the only specialized plastics industry exhibition in Uzbekistan, it annually showcases the latest developments in the chemical and polymer sectors.

Among the new exhibitors are companies that will present their solutions to Uzbek industry professionals for the first time. “Koenig & Bauer Kammann GmbH (Germany)” has been a leading manufacturer of fully automated screen-printing machines for the decoration of plastic containers for more than 70 years. “Definitive Innovation (Italy)” is a reliable partner in advanced solutions for dosing, mixing, filtration, storage, pneumatic conveying and industrial automation technologies. “PLAS MEC S.R.L. (Italy)” enjoys worldwide recognition as a leading manufacturer of mixing systems for PVC, plastics, masterbatches, powder coatings, engineering plastics and other high-quality materials. “TERMOKAR MAKİNA (Türkiye)” offers highly efficient chillers and heat-exchange solutions for industries including plastics, rubber, medical, pharmaceutical, food and automotive manufacturing. Local manufacturing will be represented at the exhibition by “NOVOPLAST TPE (Uzbekistan)”, a leading manufacturer of thermoplastic elastomers and products made from them.

Visitors will be able to explore modern equipment for plastics production and processing, polymer raw materials and specialty additives, moulds and dies, auxiliary equipment, as well as solutions for the packaging and recycling industries.

One of the key advantages of Plastex Uzbekistan remains its practical exhibition format. Visitors will have the opportunity to see equipment in operation, receive consultations from company representatives and discuss technical issues directly with manufacturers and suppliers.

Since 2025, Plastex Uzbekistan has been held jointly with “4P Central Asia”, bringing together the printing, packaging, plastics and polymer sectors. This format expands the exhibition and enables industry professionals to explore solutions from several interconnected sectors during a single visit.

Chemical and polymer industry remains one of the priority areas of Uzbekistan’s industrial modernization. Growing polymer production and processing are creating sustained demand for modern equipment, raw materials and technologies. In this context, Plastex Uzbekistan serves as an important B2B platform for international equipment and raw material manufacturers, chambers of commerce and industry associations. It provides an opportunity to gain first-hand insight into the current needs of the Uzbek market, assess prospects for localization and exports and establish direct contacts with key industry enterprises.

For official delegations, the exhibition is of practical interest as a tool for assessing the investment and trade potential of the polymer industry - both from the perspective of the Uzbek market and in the context of advanced global technologies showcased at the exhibition by leading international manufacturers.

Dunyo IA

In the year of a historic achievement for national sport – the first-ever qualification of Uzbekistan’s national football team for the FIFA World Cup – the documentary film “O'zbek futboli” has been unveiled, telling the story of more than a century of the formation and development of football in our country.

The production of the film coincides with an event that has become a source of national pride and a landmark moment in the history of modern Uzbekistan. The national team's qualification for the FIFA World Cup is not only an outstanding sporting accomplishment, but also a historic opportunity to revisit the origins of Uzbek football and pay tribute to the people, teams, and milestones that have shaped its legacy and brought this long-awaited success within reach over the course of more than one hundred years.

The idea for the documentary emerged in September 2023 during a meeting between the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, and representatives of the Uzbek diaspora in New York. During the meeting, an initiative was proposed to create a documentary dedicated to the history of Uzbek football and its development over more than a century. The initiative received the support of the Head of State, after which work on the project commenced with the assistance of the Press Service of the President of the Republic of Uzbekistan and the Center for National Content Development (Content Center), under the leadership of Kobuljon Akhmedov.

“O'zbek futboli” is an effort to preserve for future generations the story of the individuals whose dedication enabled Uzbek football to travel the remarkable path from the first matches of the early twentieth century to the country's participation in the FIFA World Cup. The documentary is built upon archival materials, eyewitness accounts, and interviews with football veterans, coaches, sports experts, journalists, and current members of the national team.

Filming took place in Tashkent, Kokand, and London. These locations were carefully selected to trace the key stages in football's development – from its beginnings in Uzbekistan to the origins of the modern global game. Particular attention was devoted to historical accuracy, recreating the atmosphere of different eras, and presenting an honest and authentic account of the journey Uzbek football has undertaken over the past century.

The film explores not only the national team's road to its historic World Cup qualification but also the broader evolution of football culture in Uzbekistan. It tells the story of the emergence of the country's first football clubs, the growth of youth academies, professional teams, coaching traditions, the role of supporters, and the contributions made by many generations of athletes to the development of national football.

The documentary features legendary footballers of previous generations, current players of the Uzbekistan national team, coaches, referees, sports officials, journalists, and researchers of football history. By bringing together the voices of several generations, the film allows audiences to experience the story of Uzbek football through the eyes of those who lived it and helped shape it.

At its heart, the documentary conveys a simple yet powerful message: great victories are never accidental. Every success is built upon years of hard work, an unwavering belief in a dream, and the efforts of countless people across generations. Through this film, its creators seek to emphasize the importance of respecting history, preserving continuity between generations, loving one's homeland, believing in one's own potential, and uniting society around a common goal.

“O'zbek futboli” is a story about how dreams become reality when an entire nation continues to believe in them for many years.

Uzbek football is not merely the fulfillment of a dream. It is a reward bestowed upon generations of people who refused to stop believing in it.

https://drive.google.com/drive/folders/1ZwkXogix-5oZmlgy5s1uWIzG5AJ7TFck

Stolen cultural property dating back to the 2nd and 3^rd centuries AD has been returned to Uzbekistan following a large-scale investigation involving law enforcement agencies and scholars from across Europe.

A number of artefacts, illegally smuggled from the Central Asian republic that was once the heart of the Bactrian and Kushan empires, were presented by the Metropolitan Police's Art and Antiquities Unit at the Embassy of Uzbekistan. They will subsequently be transported back to their homeland, where they will take a prominent place in the exhibition of the recently opened Center of Islamic Civilization in Tashkent.

The event serves as vivid evidence of Uzbekistan's consistent policy regarding the repatriation of national cultural heritage and highlights the growing global trend toward the protection of cultural values.

“This event is a compelling confirmation of the broad international support for the consistent course of the President of Uzbekistan Shavkat Mirziyoyev, aimed at returning cultural treasures to their homeland, - noted Firdavs Abdukhalikov, Director of the Center of Islamic Civilization in Tashkent and Chairman of the Board of the World Society for the Study, Preservation and Popularization of the Cultural Legacy of Uzbekistan (WOSCU). - We are deeply grateful to our partners and law enforcement representatives from European countries for their support and look forward to further cooperation in preserving and restoring our cultural heritage”.

Detective Sophie Hayes of the Metropolitan Police, addressing a gathering of prominent scholars and officials, emphasized that the recovered artefacts are the heritage not only of Uzbekistan but of all humanity. According to her, the investigation was conducted with the assistance of both national and international specialists, as well as the Organization for Security and Co-operation in Europe (OSCE), with the support of the World Society for the Study, Preservation and Popularization of the Cultural Legacy of Uzbekistan (WOSCU).

The items presented at the exhibition are among the findings discovered in November 2025 during an investigation codenamed Operation Inherent Vice by the police.

A total of nine artefacts were on display, including statue heads and fragments of gypsum frescoes. These monuments date from the 2nd-3rd to the 7th century AD and hold exceptional historical significance for both Uzbekistan and the broader Islamic world.

“The return of these priceless artefacts is not only a victory for New Uzbekistan but also a compelling testament to the power of international cooperation in preserving the country's historical heritage, - added Mr. Abdukhalikov, noting that cultural organizations, legal institutions and diplomatic missions have confirmed their readiness to assist Uzbekistan in recovering its lost treasures”.

The ceremony reflected a broader trend toward strengthening global interaction in the field of cultural heritage protection, with a particular focus on increasing transparency and adhering to ethical standards in the art and antiquities market.

The Center of Islamic Civilization also announced its intention to participate in the upcoming Sotheby’s and Christie’s auctions and to visit art galleries in London. These initiatives are aimed at acquiring new items of Uzbek cultural heritage for the purpose of their preservation and return to the homeland.

“Uzbekistan's efforts to return and protect its cultural heritage continue to attract the attention and support of the international community. We are setting a powerful example of coordinated action in the field of restitution of cultural property”, - emphasized Mr. Abdukhalikov.

“The returned items possess exceptional historical and scientific value, as they belong to various eras of the ancient history of the territory of modern Uzbekistan and reflect the diversity of civilizational processes that have occurred in Central Asia over the centuries”, - noted Dr. Farhod Maksudov, Director of the National Center of Archaeology (Institute of Archaeology) of the Republic of Uzbekistan.

IA “Dunyo”