Uzbekistan: Strengthening cooperation within the Turkic World and new horizons of development

📅 12.05.2026

On May 15, 2026, an informal summit of the Organization of Turkic States will be held in the city of Turkestan.

 

The upcoming high-level event will serve as a vital platform for discussing pressing issues of cooperation and defining the next priority areas for the development of interaction among member states.

The formation of the Turkic integration space has a multi-century history, rooted not only in the commonality of language, culture, and historical heritage but also in the rich traditions of enlightenment and intellectual thought of the Turkic peoples. The Jadidism movement of the late 19th and early 20th centuries played a pivotal role in shaping the ideas of cultural and spiritual rapprochement. Its representatives advocated for education, science, social modernization and the strengthening of ties between the Turkic nations.

The first summit of the heads of Turkic-speaking states was held in 1992 in Ankara at the initiative of Turkish Prime Minister Turgut Özal. In the 1996 Tashkent Declaration, the heads of state solidified the provision for establishing a Secretariat. Over the following years, this format evolved consistently, leading to the establishment of the Cooperation Council of Turkic-Speaking States in Nakhchivan in 2009. At the 2021 Istanbul Summit, a decision was made to transform the entity into the Organization of Turkic States (OTS). This reflected the expansion of the organization's activities and its growing international significance.

The primary objective of the organization is to develop comprehensive cooperation among the member states - Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye and Uzbekistan. Priority tasks include strengthening mutual trust and good-neighborly relations, coordinating foreign policy positions and expanding cooperation in trade, economic, transport, energy, and cultural-humanitarian spheres. Special attention is paid to creating favourable conditions for trade and investment, developing scientific and technical cooperation and improving the living standards of the region's population.

The organizational structure of the OTS includes a number of key institutions that coordinate multilateral cooperation. The Council of Heads of State is the supreme body, which defines strategic development goals and holds regular meetings. The Council of Elders of the Organization of Turkic States serves in a consultative capacity. Bringing together influential representatives from member states, it serves to strengthen the traditions of mutual understanding and trust within the Turkic world.

Uzbekistan has been an active participant in the processes of bringing Turkic states closer and developing multilateral cooperation within this format from the very beginning. A new turning point was President Shavkat Mirziyoyev's participation as a guest of honour in the 6th Summit of Turkic-Speaking States, held on September 3, 2018, in Cholpon-Ata, Kyrgyzstan. This step provided a new impetus to the organization's development. In 2019, the Republic ratified the Nakhchivan Agreement, officially formalizing its full-fledged participation in the activities of the OTS.

With Uzbekistan’s accession, the organization’s activities and the cooperation agenda among member states have intensified significantly. At the summits held between 2019 and 2025, the President of Uzbekistan put forward 116 initiatives aimed at deepening multifaceted cooperation. To date, 64 of these have been implemented, with several other projects currently in their final stages. These figures demonstrate Uzbekistan’s systematic and practical approach toward developing integration processes within the Turkic space.

The implemented initiatives cover a comprehensive range of areas. In the fields of economy and transport, the introduction of the “e-Permit”, “Digital TIR” and “Green Corridor” systems - aimed at streamlining logistics processes and developing the region's transit potential - has been of particular importance. In the tourism sector, key highlights included the declaration of Kokand as the Tourism Capital of the Turkic World and the implementation of the “Tabarruk Ziyorat” (Sacred Pilgrimage) project, which serves to develop pilgrimage tourism.

Cooperation in the fields of youth policy, science, and education is developing actively. Youth leadership forums, international conferences, and events within the framework of the Turkic Universities Union are being held regularly. At the same time, significant attention is paid to innovative development - IT forums, startup platforms and meetings of sectoral agencies are organized, including cooperation in the space industry and defence sectors. This reflects the striving of member states to form a unified technological space.

Uzbekistan's chairmanship, which began following the outcomes of the 2022 Samarkand Summit, holds particular significance for the development of the Organization of Turkic States. During this period, the country not only intensified practical cooperation but also introduced institutional innovations to the organization's activities. In particular, for the first time, the practice of developing a comprehensive Concept and Action Plan for the chairmanship period was introduced. This made it possible to give the cooperation a more systematic and consistent character. Within the framework of the chairmanship, more than 100 events were held at various levels, covering key areas from economy and transport to science, culture and education.

Today, OTS agenda is being shaped taking into account the interests of all participating states, with each country contributing to the development of integration processes.

Economic cooperation within the OTS framework demonstrates steady positive growth. According to the results of recent years, Uzbekistan's trade turnover with the member states of the organization has been consistently increasing and exceeded USD 10.8 billion in 2025. Kazakhstan and Türkiye remain our country's primary trading partners. At the same time, an increase in bilateral trade with other member states is also being observed. This indicates the deepening of economic integration and cooperation ties within the region.

From this perspective, the upcoming summit of the Organization of Turkic States to be held in the city of Turkistan will serve as a vital platform for discussing future directions of multilateral cooperation and developing new joint initiatives. Given the summit's theme, special attention is expected to be paid to digital transformation, the development of joint innovation ecosystems, the implementation of artificial intelligence technologies, strengthening cooperation in digital infrastructure and the training of highly skilled modern personnel.

At the same time, discussions are planned to cover the strengthening of trade and economic ties, the development of transport and logistics connectivity, the expansion of investment cooperation, as well as the promotion of joint high-tech and innovative projects within the Turkic space.

According to experts, Uzbekistan, as a supporter of deepening practical cooperation and strengthening mutual trust within the Turkic space, will continue to actively contribute to the realization of the organization’s common goals. The expected agreements and initiatives are anticipated to provide a new impetus to integration processes, serve the sustainable development of the region, and further enhance the international prestige of the Organization of Turkic States.

 

Dunyo IA

Bridges of Friendship: Toward New Horizons of Uzbek–Pakistani Partnership

📅 28.01.2026

In recent years, the deepening cooperation between Uzbekistan and Pakistan has emerged as a significant new strategic direction across Eurasia. Two countries standing at the historic crossroads of ancient trade routes are now consistently building a modern “architecture of connectivity” that permeates all key areas, including the economy, culture, education, and technology. Their shared centuries-old historical roots, dating back to the era of the Great Silk Road, are being transformed into concrete projects and initiatives capable of strengthening economic resilience, ensuring technological independence, and creating a solid foundation for regional integration.

Since the early 2020s, relations between Tashkent and Islamabad have been developing steadily, largely driven by the strong political will of the leaders of both countries. The Joint Declaration on Strategic Partnership between the Republic of Uzbekistan and the Islamic Republic of Pakistan, signed in 2021, set a high pace for bilateral dialogue, opening a new chapter in the history of relations. Regular meetings at the highest level, active consultations between the foreign ministries, and engagement within international forums make it possible to address pressing issues in a timely manner, identify mutually acceptable solutions, and explore promising areas of cooperation.

A vivid confirmation of the strengthening bilateral ties was the official visit of the Pakistan’s Prime Minister Shehbaz Sharif to Uzbekistan in February 2025 and his meeting with President Shavkat Mirziyoyev. The leaders of both countries expressed deep satisfaction with the impressive dynamics of multifaceted cooperation encompassing the economy, investment, transport, digital technologies, and cultural and humanitarian exchanges.

Admiring the achievements of Uzbekistan’s large-scale reforms under the Presidency of Shavkat Mirziyoyev, Shehbaz Sharif stated that “miracles are possible only through a clear vision, high dynamism, hard work, and a resolute pursuit of a common goal.”

The culmination of the Prime Minister’s visit was the establishment of the High-Level Strategic Partnership Council, which imparted a new strategic impetus to bilateral relations. This step not only consolidated the prior agreements but also created a strong institutional platform for systematic cooperation.

The legislative framework of bilateral cooperation plays a key role in strengthening strategic interaction between Uzbekistan and Pakistan. A special contribution in this regard is made by inter-parliamentary friendship groups, which consistently promote legislative initiatives aimed at simplifying business procedures, increasing transparency, and creating a reliable legal environment for the implementation of joint projects. Their work forms a long-term platform of trust that ensures stability and predictability in bilateral relations.

The economic sector, in turn, serves as the most visible indicator of cooperation dynamics. Pakistan confidently ranks among Uzbekistan’s leading trade partners in South Asia, demonstrating strong interest in the Uzbek market. Over recent years, bilateral trade turnover has increased manifold and continues to grow steadily. In 2025, mutual trade exceeded $440 million, which is twelve times higher than in 2016, with particular attention drawn to Uzbek exports amounting to over $320 million.

These figures not only reflect the growing interest of businesses in both countries in expanding mutually beneficial cooperation but also demonstrate the emergence of a more diversified and resilient trade model incorporating new industries and segments. The current environment creates a foundation for further development of investment flows, financial services, and joint projects in mining, energy, and digital technologies, opening additional opportunities for deepening strategic partnership.

In line with agreements reached at the highest level, concrete steps have been outlined to increase bilateral trade turnover to $2 billion in the near future.

An important tool for achieving this goal has been the Preferential Trade Agreement between the Government of the Republic of Uzbekistan and the Government of the Islamic Republic of Pakistan, which provides customs benefits for 17 categories of goods from each side. This significantly facilitates market entry for companies and stimulates the expansion of trade flows.

At the same time, business ties are expanding rapidly. An increasing number of Uzbek and Pakistani companies are finding partners, establishing joint ventures, and exploring new niches. As of October 1, 2025, around 180 companies with Pakistani capital are operating in Uzbekistan, reflecting growing business confidence in joint projects and long-term partnership.

Cooperation spans a wide range of sectors – from the textile and food industries to the production of construction materials, electrical equipment, and logistics. Regular meetings of the intergovernmental commission, business forums, and specialized exhibitions serve as effective platforms for direct dialogue, experience exchange, and contract signing. The agreements concluded at these venues already amount to hundreds of millions of dollars, generating tangible economic returns and laying a solid foundation for further expansion of cooperation.

In 2024, Tashkent hosted the first International Exhibition “Made in Pakistan” and a joint Logistics Forum, featuring more than 80 leading Pakistani companies. These events created a platform for direct business dialogue, demonstrating real opportunities for joint ventures and logistics cooperation.

In turn, a national exhibition “Made in Uzbekistan” was held in Lahore in February 2025, resulting in the signing of 181 bilateral trade agreements worth $500 million. These events clearly illustrate mutual interest in expanding trade turnover and growing business confidence in bilateral cooperation prospects.

Significant progress has also been achieved in investment cooperation. In 2024, $33 million in Pakistani investments were utilized within joint projects, and from January to July 2025 this figure more than doubled, reaching nearly $70 million. This steady growth reflects increasing interest in long-term projects, confirms the stability of the business environment, and opens new opportunities for expanding strategic partnership.

Active work continues on joint projects in the textile, pharmaceutical, perfumery, and agricultural sectors, allowing both sides to strengthen traditional industries while developing new high value-added niches. Notably, Uzbek companies are conducting feasibility studies in Pakistan for the production of household appliances, tractors, smart meters, and modern gas blocks, opening avenues for technological exchange and the adoption of advanced manufacturing solutions.

Particular attention is paid to the digital sphere, where a broad range of promising initiatives is emerging: software development, IT solutions for business and public services, and joint startups and innovation projects. This direction accelerates technological modernization, enhances competitiveness, and facilitates the integration of digital products into key sectors of the economy.

Trade infrastructure development is also a key priority. In 2025, Uzbek trade houses were opened in Lahore and Karachi, with plans to establish Pakistani trade missions in Tashkent and Samarkand. These initiatives simplify market access, stimulate business cooperation, and strengthen trust within the business community.

Thus, the combination of industrial, digital, and infrastructure cooperation creates a multi-level platform for accelerated bilateral development, transforming Uzbek–Pakistani cooperation into a strategically significant and mutually beneficial endeavor.

Transport infrastructure remains a priority area of dialogue. Central and South Asia have historically been interconnected through trade and cultural routes, and today targeted efforts are underway to restore this natural connectivity. Improved logistics, new transport corridors, and simplified transit procedures create real opportunities to boost trade and deepen cooperation. For landlocked Central Asian countries, reliable transport links are a key factor in sustainable growth and regional integration.

One of the flagship projects is the Trans-Afghan Railway, a strategic corridor capable of transforming regional transport networks, strengthening the countries’ positions within the Eurasian economic space, and establishing a solid foundation for trade, investment, and logistics flows between Central and South Asia. By reducing delivery times from several weeks to 3–5 days and cutting transport costs by 40% or more, the route will significantly enhance the competitiveness of regional goods on global markets and stimulate export-import activity.

In 2025, tangible progress was achieved: key components of the feasibility study were prepared, and intergovernmental consultations on the route design and financing terms continue, reinforcing the project’s practical implementation.

Energy cooperation is another vital area with significant joint potential. Projects in geological exploration, oil and gas development, and modernization of processing facilities can ensure strategic energy security, diversify energy sources, and stimulate industrial growth in both countries.

Along with economic cooperation, cultural and humanitarian interaction is actively developing, as the peoples of Uzbekistan and Pakistan share a rich historical heritage rooted in the Silk Road era. This commonality manifests in joint scientific projects, educational initiatives, and cultural exchanges that strengthen human ties and build long-term trust.

In Pakistan, special attention is given to the President Shavkat Mirziyoyev’s concept of the Third Renaissance, viewed as a continuity of Uzbekistan’s rich historical and scientific legacy. The intellectual and spiritual traditions shaped by scholars such as Al-Horezmi, Mirzo Ulugbek, and Zahiriddin Muhammad Babur inspire modern educational and innovation initiatives, reinforcing cultural and intellectual bonds between the two nations.

Tourism deserves special mention as an important component of bilateral cooperation. Uzbekistan, with its unique spiritual and architectural heritage, is increasingly attracting Pakistani tourists and pilgrims. Ancient cities and the mausoleums of prominent scholars – Imam Bukhari, Imam Termezi, and Bahauddin Naqshband – reveal the country’s rich cultural and scientific traditions while strengthening people-to-people ties as enduring as official interstate agreements.

Improved transport connectivity has become a key catalyst. Direct flights between Islamabad and Tashkent, as well as between Tashkent and Lahore, enabled over 10,000 Pakistani tourists to visit Uzbekistan in 2025 – nearly 2.5 times more than in 2023. This data highlights both growing demand for tourism routes and the effectiveness of integration measures in transport and logistics.

 

Taken together, tourism, cultural, and economic initiatives form a solid platform for deepening connectivity between Uzbekistan and Pakistan. This comprehensive cooperation model not only enhances economic potential but also strengthens long-term trust, making bilateral relations a key component of regional integration between Central and South Asia.

The upcoming visit of President Shavkat Mirziyoyev to Islamabad early February 2026 will mark an important milestone in enhancing strategic partnership. It will open new opportunities for joint initiatives, activate projects in the economy, transport, energy, and digital technologies, and provide additional momentum to cooperation, enhancing its practical impact and strategic significance.

Today, it is especially important to maintain the high momentum of interaction, expand practical cooperation mechanisms, cascade dialogue to lower governance levels, and more actively engage regions, small and medium-sized enterprises, the academic community, youth, and civil society institutions. Such a comprehensive approach will not only consolidate achievements but also ensure sustainable growth of mutual cooperation, creating a platform for new joint projects and initiatives at all levels.

Thus, the “bridges of friendship” built between Uzbekistan and Pakistan – rooted in shared history, traditions, and spiritual affinity – connect the past and present while opening the way for deeper comprehensive cooperation. They transform traditional mutual trust into sustainable and long-term partnership forms that will serve as a foundation for expanding interaction at all levels, from local initiatives to strategic projects of regional significance.

 

Nigora Sultanova,

Chief Research Fellow at the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan

The dynamics of Uzbek-Turkish relations reflect pragmatism, mutual trust and a focus on concrete results.

📅 30.01.2026

The First Deputy Director of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan Akramjon Nematov shared this assessment, commenting on the results of President of the Republic of Uzbekistan Shavkat Mirziyoyev's visit to Turkiye.

According to him, the official visit of the Uzbek leader to the Republic of Turkiye, which concluded on January 29, 2026, should be viewed not only as another event on the bilateral political calendar, but above all as an important milestone in the institutional strengthening of Uzbek-Turkish relations. Its results convincingly confirmed that the interaction between Tashkent and Ankara, which was largely fragmented just a few years ago, has reached a qualitatively new level – the level of a comprehensive strategic partnership based on pragmatism and mutual benefit.

The personal role of President Shavkat Mirziyoyev in shaping this new quality of relations deserves special mention. His proactive policies and strategic approach have enabled bilateral cooperation to reach a systemic level, where pragmatism is combined with a long-term focus on sustainable development. Thanks to the President's initiative, visits and cooperation programs have become regular and institutionalized, and the agreements reached have begun to be implemented with clear planning and measurable results, strengthening trust between the countries and creating a reliable platform for economic, humanitarian, and technological ties.

Thus, the current visit's program, which included talks in narrow and expanded formats, as well as the fourth meeting of the High-Level Strategic Cooperation Council, demonstrated a high level of political trust and the maturity of the bilateral dialogue. While such meetings were previously held sporadically, today the Strategic Cooperation Council functions on a regular basis, ensuring the continuity of decisions and overseeing their implementation. Symbolically, the key events took place on the eve of the holy month of Ramadan and the 30th anniversary of the Treaty of Eternal Friendship and Cooperation, underscoring the value-based and historical foundation of the partnership.

Of fundamental importance is the fact that Uzbek-Turkish cooperation is currently characterized by constructive and pragmatic mutual approaches, and is being built as an open partnership model focused on ensuring shared security and sustainable development. This is reflected in the finalization of the "4+4" format, which brings together coordination across foreign policy, defense, and law enforcement agencies. Unlike previous consultation mechanisms, this format is practical in nature and allows for a systemic response to cyber threats, cross-border crime, and other unconventional challenges.

The economic dimension of the partnership demonstrates sustained positive momentum and a high degree of complementarity. In recent years, mutual trade has more than doubled, reaching $3 billion by the end of 2025, compared to just $1.5 billion at the beginning of the decade. The goal set by the heads of state to increase trade turnover to $5 billion is supported not by mere declarations, but by a real investment portfolio of approximately $9 billion. The number of enterprises with Turkish capital has also increased significantly: while there were previously hundreds, today over 2,100 such companies operate in Uzbekistan, demonstrating growing business confidence and the formation of a solid material foundation for the strategic partnership. The need for further advancement of projects in industry, agriculture, social protection, and other priority areas was emphasized, including by expanding the list of goods covered by the Preferential Trade Agreement.

In preparation for the visit, new priority areas of industrial cooperation were identified, which will be implemented under a separate program. Compared to previous stages of cooperation, which focused primarily on trade and construction, the current emphasis is on joint production, localization, and export-oriented industries. Particular attention is paid to developing cooperation in tourism, theater festivals and cultural weeks, joint production of historical films, and the restoration of cultural heritage sites, reflecting the expanding humanitarian component of the partnership.

It is particularly noteworthy that the agreements reached are directly aimed at addressing the structural challenges of Uzbekistan's national development. The development of the Middle Corridor and the cooperation in transport and transit enshrined in the corresponding protocol are aimed at overcoming the country's geographic isolation and diversifying external logistics routes. Compared to traditional routes, these solutions reduce delivery times and increase the resilience of supply chains. Agreements on industrial cooperation, the management of special economic zones, and the creation of joint clusters contribute to reducing the economy's reliance on raw materials and fostering high-value-added production. The transfer of technological competencies, including nuclear safety and digitalization, should be viewed as an element of sovereign modernization, not technological dependence.

A fundamentally new stage has been the expansion of cooperation to the regional level. The intention to organize visits by delegations from all regions of Uzbekistan to Turkiye reflects the transition from a centralized model of interaction to a more flexible, decentralized partnership architecture. While interregional contacts were previously limited, the Action Plan for 2026–2027 envisages the formation of sustainable partnerships between the regions of the two countries, the launch of joint projects, and the development of a portfolio of local initiatives. Significant potential for implementing advanced Turkish practices in agriculture, horticulture, healthcare, and medical tourism has also been noted.

The military-technical cooperation sector deserves special attention. Compared to previous years, when interaction was limited to consultations, the signed agreements provide for deeper cooperation in military medicine, personnel training, and the implementation of surveillance systems and unmanned aerial vehicles. This cooperation is exclusively defensive in nature and is aimed at enhancing the professional level and technical capabilities of the Armed Forces of Uzbekistan, which is a rational contribution to strengthening national defense capability.

The humanitarian dimension of the Uzbek-Turkish partnership lends further depth and stability to the relationship. The implementation of the Cultural Cooperation Plan for 2026–2027, the agreement to hold the fourth Rectors' Forum in Bukhara, and joint education projects form a long-term foundation for cooperation. Uzbekistan's participation in the reconstruction of the earthquake-damaged Hatay province, the construction of the "Uzbekistan" residential complex, and a comprehensive school have become clear examples of practical solidarity. The start of construction of an Uzbek school in the Bekirkoy district of Istanbul—Uzbekistan's first educational institution abroad—is also symbolic, reflecting the strategic focus on the humanitarian aspect of cooperation and outreach to the diaspora.

Overall, the visit to Turkiye confirmed that Uzbek-Turkish relations are developing as a pragmatic, dynamic, and responsible partnership. Compared to previous stages of bilateral cooperation, the current format is characterized by greater institutional stability, expanded economic and regional cooperation, and deepened humanitarian ties. The agreements reached create additional tools for overcoming transportation and technological constraints, modernizing the economy, strengthening defense capabilities, and ensuring shared security, forming a solid foundation for further expanding Uzbekistan's international cooperation in a changing global environment.

 

«Dunyo» IA

Tashkent

CERR Updates Bank Ranking for Q1 2026

📅 17.04.2026

Following the results of Q1 2026, the ranking of large banks underwent notable changes. While the leading group remained intact, positions within the segment were reshuffled. In the small-bank category, movements were also significant, pointing to continued realignment and stronger competition across the sector.

The Center for Economic Research and Reforms presented the updated Bank Ranking based on the results of the Banking Activity Index for Q1 2026.

The study covers 34 commercial banks of the republic, including 20 classified as large financial institutions by scale and branch network, while the remaining 14 were categorized as small banks.

The methodology is based on the analysis of 27 indicators benchmarked against national averages and international standards, including the requirements of the Basel Committee. The ranking serves as an important tool for enhancing transparency and strengthening confidence in the financial system. This approach is consistent with international practice and is widely used by leading financial institutions.

Financial Results for Q1 2026

During the reporting period, total assets of the banking sector amounted to 932.3 tn sums ($76.3 bn), while liabilities reached 793.9 tn sums ($64.9 bn). Lending increased by 14%, while deposits grew by 32%. The aggregate capital of the banking system was fully denominated in the national currency. Net profit reached 3.1 tn sums ($254 mn), which is 36.3% higher than a year earlier.

During the period under review, the share of non-performing loans declined to 3.3%, compared with 4.5% a year earlier, indicating improved portfolio quality. At the same time, in several banks the ratio remains above the sector average. Capital adequacy indicators exceed minimum regulatory requirements by more than 1.4 times, confirming the resilience of the banking sector.

Large Banks Activity Ranking for Q1 2026

The results of Q1 2026 show that despite the relative stability at the top of the ranking, both categories of banks recorded notable positional changes.

In the large-bank segment, performance was mixed. Out of 20 banks, 7 improved their positions, 8 declined, and 5 retained their previous places. This reflects a high level of competition and the ongoing redistribution of market positions.

The most notable progress was demonstrated by Tenge Bank, which moved up by 6 positions. Three more banks — Agrobank, Invest Finance Bank, and Xalq Bank — advanced by 2 positions each. Positive momentum was also recorded by Ipak Yuli Bank, Asia Alliance Bank, and Hamkorbank, all of which improved their standing in the overall ranking.

At the same time, several large banks recorded lower activity levels. The most significant decline was observed at Orient Finans Bank and Trast Bank, which fell by 5 and 3 positions respectively.

Changes Across Key Indicators

Financial Intermediation. The leading positions were taken by Invest Finance Bank, Anor Bank and Kapitalbank. In this ranking, Davr Bank and Hamkorbank fell by 4 positions, while Ipoteka Bank declined by 1 position.

Financial Accessibility. The leaders were Agrobank, Anor Bank and BRB. Under this indicator, declines were mainly observed among leading banks: Kapitalbank (-3 positions), Hamkorbank (-7), Asia Alliance Bank (-1), Ipak Yuli Bank (-5), and Trast Bank (-6). The strongest improvement in this ranking was recorded by Tenge Bank (+8), Xalq Bank, Davr Bank (+5), and Agrobank (+4).

Capital Adequacy. The top positions were occupied by Orient Finance Bank, Trast Bank and Halk Bank. At the same time, Agrobank dropped by 4 positions, while Aloqa Bank declined by 2 positions.

Asset Quality. The leaders were Hamkorbank, Asia Alliance Bank and Ipak Yuli Bank. Turonbank fell by 5 positions, while Asakabank, Mikrokreditbank, SQB, Trast Bank and Anor Bank each declined by 2 positions.

Management Efficiency. The highest positions were held by SQB, Orient Finance Bank and NBU. At the same time, Asaka Bank dropped by 5 positions, while BRB declined by 4 positions.

Profitability. The leaders were Hamkorbank, Trast Bank and Asia Alliance Bank. Turon Bank, after falling by 3 positions, ranked last. In this ranking, Kapitalbank, Asia Alliance Bank, Anor Bank and Davr Bank declined by 2 positions, while Ipoteka Bank and Mikrokreditbank fell by 1 position.

Liquidity. The leaders were Asia Alliance Bank, Ipak Yuli Bank and Trast Bank. At the same time, Mikrokreditbank, Ipoteka Bank, Anor Bank and SQB each declined by 1 position.

Small Banks Activity Ranking for Q1 2026

The small-bank group remained relatively stable, with leading institutions retaining their positions. The main changes in this category were concentrated in the middle segment, where several banks improved their standing due to stronger financial intermediation and higher profitability.

Within this group, 8 out of 14 financial institutions improved their rankings. The most notable gains were recorded by AVO Bank and Apex Bank, both rising by 3 positions. TBC became the leader of the ranking.

At the same time, 5 banks moved down, with the sharpest decline recorded by Octobank, which lost 6 positions. Saderat Bank, Garant Bank, and Ziraat Bank each rose by 2 positions. The ranking was rounded out by Open Bank and Uzum Bank, both up by 1 position.

Jafar Khidirov, CERR

CERR Banking and Financial Sector Research Sector
Tel: (78) 150 02 02 (441)

CERR Public Relations and Media Sector
Tel: (78) 150 02 02 (417)

RELIGIOUS TOLERANCE AND INTERFAITH HARMONY IN UZBEKISTAN

📅 06.11.2025

The declaration of independence and the commitment of the Government of Uzbekistan to the ideals of democracy, the choice of a secular path of development of society have gradually made it possible to create equal legal conditions for the existence of religions in general and religious groups in particular.

In the religious sphere, this large-scale work is carried out by the relevant state bodies and civil society institutions and is aimed at ensuring citizens' constitutionally guaranteed right to freedom of conscience; strengthening religious pluralism, tolerance and interfaith dialogue.

One of the significant results of joint work is the adoption in December 2018 by the UN General Assembly of a special resolution "Enlightenment and Religious Tolerance".

The adoption of the resolution was a practical implementation of the initiative of the President of the Republic of Uzbekistan Shavkat Mirziyoyev, put forward at the 72nd session of the UN General Assembly. The main goal of the proposed resolution is "to ensure universal access to education, the elimination of illiteracy and ignorance."

It is noteworthy that the resolution was not only unanimously supported by all UN member states, but also adopted with the co-authorship of over 50 countries. This testifies to the high recognition by the international community of the relevance and timeliness of the initiative of the President of Uzbekistan.

In recent years, significant changes have taken place in Uzbekistan and large-scale reforms have been implemented in many areas, including in the religious and educational sphere.

A number of legislative acts have been adopted aimed at further improving activities in the religious sphere.

In order to deepen the study of Islam and teach its scientific foundations, the International Islamic Academy of Uzbekistan was created. The Academy specializes in teaching secular and religious knowledge, training qualified personnel in the interpretation of the Koran, Islamic law, religious dogmas and hadiths.

In Uzbekistan, unique mechanisms are used to revive national and religious values, study and promote the rich scientific and spiritual heritage of great ancestors, and strengthen religious tolerance in society. The activities of the Center for Islamic Civilization, international research centers of Imam Bukhari, Imam Termizi, Imam Maturidi, Bahauddin Naqshbandi have been established.

As a result of large-scale reforms and transformations carried out in the religious sphere, the Higher Madrasah Mir Arab in Bukhara, the School of Hadith Studies in Samarkand, the Madrasah of Imam Termizi and the Islamic Institute named after Imam Termizi in Termez began their activities.

In addition, the Charitable Public Fund "Vakf" was established under the Office of Muslims of Uzbekistan, whose tasks include financing work on the reconstruction of mosques, holy places of pilgrimage and visits, other objects, providing material and technical support and providing material support to employees in this field. The Fund received the opportunity to dispose of funds coming to 3 accounts: charitable, vakf and zakat (ushr, fidya, fitr).

In accordance with the adopted legislative acts, in order to further improve the activities of the Committee on Religious Affairs, a new composition of the Council for Religious Affairs has been approved, which is a public advisory body under the Committee.

The activities of the Council are inextricably linked with ensuring freedom of religion in the country, respecting the rights of religious organizations and believers. The initiatives of the members of the Council are fully implemented within the framework of measures taken by the country's leadership in the field of protecting and further strengthening the rights and freedoms of religious movements.

The significance and timeliness of the measures taken by the country's leadership served as the basis for holding the international forum "Dialogue of Declarations" in Tashkent, Samarkand and Bukhara on May 16-20, 2022. This event was part of the systematic and consistent efforts of Uzbekistan to practically implement the principles and provisions enshrined in the Special Resolution of the UN General Assembly "Enlightenment and Religious Tolerance", adopted in 2018 on the initiative of President Shavkat Mirziyoyev.

It is especially worth noting that at the past 76th session of the UN General Assembly, the "Bukhara Declaration" adopted following the results of this forum was recognized as an official UN document. As an official UN document, the document has been translated into 6 languages and distributed among the UN member states, as well as specialized agencies of the organization.

The second round of the international forum will be held on September 10-13, 2025 with the assistance of several NGOs from the USA. The participants of the event also visited Samarkand, where they got acquainted with the activities of the reconstructed complex of Imam Bukhari.

Uzbekistan has special dates that are closely related to the religious life of believers: these are "Day of Friendship of Peoples", celebrated on July 30, and "International Day of Tolerance", celebrated on November 16. Both of these dates are marked not only by holding events, but also by awarding the corresponding badges - the badge "Khalklar dustligi" ("Friendship of Peoples") has been awarded since 2021, and the badge "Diniy bagrikenklik" ("Religious Tolerance") began to be awarded to distinguished citizens since 2023. Among the awardees are representatives of various religious denominations of Uzbekistan.

At the same time, Uzbekistan attaches great importance to the preservation of religious and spiritual heritage, the enrichment of existing funds, the creation of necessary conditions for local and foreign researchers to work with historical sources, and the comprehensive study of historical and cultural heritage.

Today, in the country, in order to ensure interethnic and interfaith harmony in society, a legislative framework has been created that provides for the observance of the rights and legitimate interests of citizens.

The Constitution of the Republic of Uzbekistan enshrines the norm on freedom of religion for every person. Attention is also paid to improving and liberalizing national legislation in the field of religion. The procedures for obtaining permission for the production, import and distribution of religious literature have been simplified. The procedure for state registration of religious organizations has been further optimized.

Currently, the new Law "On Freedom of Conscience and Religious Organizations" is in force, which contributes to ensuring the constitutional rights of citizens of the country to freedom of conscience and religion.

Noting the fundamental innovations in the Law as a consistent continuation of large-scale reforms in the religious and educational sphere, special attention should be paid, first of all, to the creation of favorable conditions for ensuring freedom of conscience for every person, and clarifying law enforcement practice.

Currently, 2373 religious organizations of 16 religious denominations operate in Uzbekistan. Of these, Muslim organizations - 2174, which is 92 percent of the total number.

There are also 181 Christian organizations, 8 Jewish communities, 7 Baha'i communities, one Krishna society and one Buddhist temple, as well as the interfaith Biblical Society of Uzbekistan operating in Uzbekistan.

Recently, 134 religious organizations have been registered in Uzbekistan, including 3 higher and one secondary specialized Islamic educational institutions in Bukhara, Samarkand and Termez, 105 mosques and 25 non-Islamic organizations of 7 different religious denominations.

At the same time, the national legislation of Uzbekistan does not provide for any restrictions on the number of religious organizations or the terms of their registration.

Religious organizations operating in the republic, along with other public organizations, actively participate in spiritual and educational work, make a significant contribution to improving the spirituality of society, and forming strong beliefs in young people based on patriotism, as well as interfaith and interethnic tolerance.

It should be noted that religious policy in Uzbekistan is based on the principles of the secular nature of the state, religious tolerance and equal treatment of all religions. In the republic, representatives of various nations and ethnic groups professing Islam, Christianity, Buddhism, Judaism and other religions carry out their activities on equal terms.

All conditions have been created for adherents of each denomination, allowing them to freely and unhindered practice their religion.

Believers freely pray in mosques, churches, synagogues, observe fasting, and also make pilgrimages. Religious organizations have the right to own territory, publish literature, train their religious ministers, and organize pilgrimages to holy places.

The freedom of religion guaranteed by the national legislation of Uzbekistan has created all the necessary conditions for meeting the religious needs of all citizens - representatives of 136 national and ethnic groups.

Representatives of different faiths freely celebrate all religious holidays. Thus, from year to year, Kurban-Hayit and Ramadan-Hayit are celebrated on an increasingly large scale among Muslims, Easter and Christmas - among Christians, Pesach, Purim and Hanukkah - among Jews, Navruz - among Baha'is, as well as celebrations dedicated to Buddha and Krishna and other major events.

Believers make pilgrimages to holy places: Muslims to Saudi Arabia to perform the Hajj and Umrah rituals, Christians - to Russia, Greece and Israel, Jews - to Israel.

Over the years of independence, more than 484 thousand Muslims have made pilgrimages to Saudi Arabia, including 188 thousand - Hajj and 296 thousand - Umrah, more than 3.2 thousand Christians and Jews have visited religious shrines in Israel, Russia, Turkey, Italy, Georgia, Greece.

To meet the spiritual needs of society, a large number of religious literature of various orientations is published annually. To fully cover the religious life of Uzbekistan, a number of newspapers and magazines are published, including the newspapers "Islom nuri", "Slovo zhizni", the magazines "Khidoyat", "Vostok svyshe".

Today, in Uzbekistan, on a systematic basis, a set of measures is being carried out to protect the population from the negative influence of destructive ideas that reflect radical extremist ideology and religious fanaticism.

An important step in this direction was the application of acts of pardon. In particular, since 2017, 29 decrees of the President of the Republic of Uzbekistan have been adopted on pardoning persons who have committed crimes.

It should be noted that in recent years, within the framework of the consistent policy pursued in Uzbekistan in the field of protecting the rights and freedoms of citizens, special attention is paid to measures aimed at protecting the rights, freedoms, honor and dignity not only of citizens residing in the republic, but also of our compatriots who find themselves in difficult life situations in foreign countries.

Unfortunately, some of our citizens, who have fallen under the influence of alien ideas, believing false promises, in different years joined the ranks of international terrorist organizations in armed conflict zones abroad. Spouses, fathers of some women returned as part of humanitarian operations, died in the course of armed clashes.

Given this circumstance, on the instructions of the President of Uzbekistan, five humanitarian actions "Mehr" were successfully carried out in 2019-2021, within the framework of which more than 500 citizens of the republic, mainly women and children, were returned to their homeland from the zones of armed conflicts in the Middle East and in Afghanistan.

In order to further assist in their speedy reintegration and rehabilitation, a set of measures has been implemented at the state level to provide timely medical, psychological, material and moral assistance. To date, all returnees have been provided with the necessary conditions for their adaptation to peaceful life and integration into society, access to educational and other social programs has been provided, including through the provision of housing and employment.

In general, it is worth noting that an important distinguishing feature of the religious life of modern Uzbekistan is the inadmissibility of establishing advantages or restrictions for one religion in relation to other denominations.

One of the main priorities of reforming society in order to ensure interethnic harmony and religious tolerance is to ensure and protect the rights and freedoms of citizens, their equality before the law regardless of race, gender, nationality, language, social origin, beliefs, religion, personal and social status, which are enshrined in the Constitution of Uzbekistan.

Uzbekistan consistently and steadily fulfills its international obligations in the field of ensuring religious freedoms within the framework of international human rights treaties.

As is known, Uzbekistan has acceded to more than 70 major international human rights instruments. Accession to these documents contributed to the creation of an effective human rights protection system in Uzbekistan.

It is important that Uzbekistan's policy in the field of religion, aimed at strengthening interfaith dialogue and religious tolerance in society, is an important factor of stability and security.

In conclusion, I would like to emphasize that the large-scale reforms being carried out in the country are a clear confirmation of the consistent continuation by the President of the Republic of Uzbekistan of the implementation of the principle "Everything in the name of man, in the name of his future."

 

Committee on Religious Affairs

 

Prospects for Cooperation Between Uzbekistan and Finland in the Field of Ecology and Sustainable Development

📅 29.10.2025

Uzbekistan and Finland possess significant potential to deepen their partnership in the areas of ecology, sustainable natural resource management, and climate change mitigation. Environmental institutions of both countries actively engage through international conferences, forums, and projects supported by international organizations and development banks.

One of the most notable examples of practical cooperation is the joint project between the Agency of Hydrometeorological Service of Uzbekistan, the Ministry for Foreign Affairs of Finland and the Finnish Meteorological Institute. Valued at USD 2 million, the project aims to strengthen Uzbekistan’s hydrometeorological capacity, train specialists in modern forecasting methods for weather and natural disasters, and enhance climate services and adaptation measures to climate change.

To further expand bilateral cooperation, the Ministry of Ecology, Environmental Protection and Climate Change of Uzbekistan has identified several priority areas that could form the basis for a future Memorandum of Understanding with Finland.

One key area of collaboration could be sustainable forest management. Over 70% of Finland’s territory is covered by forests, which account for 0.5% of global timber reserves. Studying Finland’s experience in public-private partnerships in forestry and its effective mechanisms for conserving forest ecosystems could help Uzbekistan improve its own approaches to developing green zones and protecting natural territories.

Another promising area is circular economy development. Finland was among the first countries to adopt a national “roadmap” for transitioning to circular models of production and consumption. For Uzbekistan — which is currently developing a modern waste management and recycling system — learning from Finland’s sustainable production practices would be an important step toward achieving “green” growth.

Air quality management is also an area of great interest. Finland is recognized as one of the countries with the cleanest air in the world, thanks to its advanced monitoring systems and strict environmental regulations. Adopting Finnish technologies for tracking pollutants and reducing emissions could significantly improve air quality in Uzbekistan’s urban centers.

Particular attention is also given to climate action. Finland aims to achieve carbon neutrality by 2035 and its strategies for reducing emissions and adapting to climate challenges could serve as a valuable model for Uzbekistan in implementing its own climate commitments under the Paris Agreement.

An important area of focus is scientific and educational cooperation. The Ministry of Ecology of Uzbekistan is interested in establishing partnerships between Finnish universities and the Central Asian University of Environmental and Climate Change Studies (Green University). Academic exchange programs, joint research initiatives and the development of green educational technologies will contribute to training a new generation of environmental and climate specialists in the region.

Cooperation in biodiversity conservation and protected areas management is also of high importance. Finland allocates 13.3% of its territory for these purposes and plans to expand this figure to 30% by 2030. This experience holds great value for Uzbekistan, which is actively implementing a national program to expand its network of reserves and national parks.

The signing of a Memorandum of Cooperation between the Ministry of Ecology, Environmental Protection and Climate Change of the Republic of Uzbekistan and the Ministry of the Environment and Climate of Finland would be a logical step toward strengthening this partnership. Joint initiatives between the two countries will help combine innovation and scientific expertise in pursuit of a shared goal — protecting nature, enhancing climate resilience, and building a sustainable and environmentally secure future.

 

Anvar Tursunaliyev,

Chief specialist Department of international cooperation

and rankings of the Ministry of Ecology,

Environmental Protection and Climate Change

Uzbekistan and the United States: Evolution of Bilateral Relations and Trajectories for Further Convergence

📅 06.11.2025

In recent years, relations between Uzbekistan and the United States of America have gained a new impetus. Moving beyond formal diplomacy, the partnership has evolved into a deeper, multi-dimensional engagement. Today, political dialogue is active, economic and business ties are expanding, and humanitarian and people-to-people connections are steadily strengthening.

Until 2017, Uzbek-American cooperation was primarily focused on regional security issues and the situation in Afghanistan, while noticeable progress in the economy and investment was virtually absent. However, following the election of Shavkat Mirziyoyev and his visit to Washington in 2018, cooperation began to acquire a strategic character.

This marked the first visit by Uzbek leader to the United States in 16 years and signaled a new level of mutual trust. During the visit, agreements and memoranda totaling over $4.8 billion were signed, paving the way for projects involving major U.S. companies.

These positive trends have largely been driven by Uzbekistan’s domestic reforms and its pragmatic approach to regional and foreign policy. Consequently, diplomatic engagement has intensified: regular consultations at the level of foreign ministries have fostered systematic and structured cooperation.

Since the 2020s, relations have evolved into a multi-layered structure. In 2021, the format of political consultations was transformed into the “Strategic Partnership Dialogue between Uzbekistan and the United States,” encompassing the economy, security, and environmental issues. The first meeting of this new format took place in Tashkent and laid the foundation for comprehensive cooperation.

In 2024, bilateral relations reached a qualitatively new level with the official establishment of an expanded strategic partnership. This format is based on the alignment of key priorities: Uzbekistan seeks deep economic modernization, attraction of foreign investment, integration into global markets, and the formation of a competitive economy. The United States supports these efforts, affirming its commitment to the reform process and encouraging American business participation in the new opportunities emerging in Uzbekistan.

In this context, the meeting between Shavkat Mirziyoyev and Donald Trump in September of this year on the sidelines of the UN General Assembly outlined specific priorities for bilateral cooperation and established the foundation for long-term collaboration. More than ten agreements were signed with major companies, including Boeing, Cargill, and Citigroup and others.

Following this, in October 2024, a U.S. delegation led by President Biden’s Special Envoy for South and Central Asia, Sergio Gor, and Deputy Secretary of State Christopher Landau visited Tashkent. The visit reinforced mutual trust and underscored both sides’ commitment to advancing joint initiatives in key areas of the bilateral agenda.

Undoubtedly, the U.S. contribution to Uzbekistan’s economy maintains a steady dynamic: in 2024, trade turnover increased by 15%, reaching $881.7 million. The portfolio of investment projects exceeds $11 billion. These figures illustrate a steady expansion of trade and economic cooperation, even as overall volumes remain relatively modest.

At the same time, the contemporary economic agenda, however, extends beyond traditional trade. Joint industrial and investment projects, collaboration in logistics, civil aviation, agro-industrial complex, and metallurgy, as well as the implementation of digital and innovative solutions in supply chain management, are coming to the forefront.

Structural changes in Uzbekistan’s export profile are particularly noteworthy. Services now constitute 86% of the country’s main export portfolio. The United States remains the largest market for Uzbek IT services: of 800 active exporters, 448 provide digital services to the U.S., representing 45% out of total IT exports. This underscores the U.S.’s role as a strategic partner in Uzbekistan’s technology sector.

To increase the export of Uzbek goods to the U.S., the President instructed the regions of the country to establish direct connections with individual states. For instance, in August of this year, a task was set to increase textile exports to the U.S. five to sixfold. Within this initiative, the Andijan Region Textile Trade House opened a representative office in St. Louis, one of the country’s key logistics hubs.

The American company Oppenheimer plans to participate in the financing of three major projects in the Andijan Region with a total value of $1.2 billion, including the creation of a textile industrial zone worth $180 million.

Uzbekistan has again attracted U.S. attention due to the presence of critically important minerals and rare earth elements used in batteries, semiconductors, and modern defense systems. In April 2025, the countries signed an agreement on cooperation in the extraction of such resources, and in September, the American investor Cove Capital began geological exploration work.

Significant progress is also observed in the humanitarian sphere: the number of academic exchanges and educational programs is increasing, and the interest of Uzbek youth in American education has noticeably grown. Currently, 40 Uzbek universities implement partnership projects with more than 25 American universities and educational institutions. Cooperation includes academic exchange of faculty and students, joint research, and the engagement of American specialists in the educational process.

These initiatives reflect Uzbekistan’s aspiration for greater openness and integration into the international community, creating conditions for expanding contacts in tourism and cultural spheres.

In this context, starting January 1, 2026, Uzbekistan will introduce a 30-day visa-free regime for U.S. citizens. Previously, such a regime only applied to tourists over 55 years old. The new rules significantly facilitate U.S. citizens’ access to the country, promoting tourism, business travel, and cultural exchanges, as well as opening additional opportunities for establishing direct contacts between individuals and organizations in both countries.

A central element of multilateral interaction remains the regional C5+1 format, which unites the U.S. and the five Central Asian countries. The U.S. National Security Strategy indicates the intention to intensify work within this platform to promote initiatives on climate change mitigation, energy and food security, development of transport connectivity, and expansion of Central Asian countries’ access to global markets.

To sum up, the evolution of Uzbekistan-U.S. relations demonstrates how pragmatism and reform-driven policies can overcome barriers and create mutual benefits. Today, bilateral relations are comprehensive and resilient: Uzbekistan has emerged as a significant partner, recognized in Washington as a key contributor to regional stability. The trajectory of cooperation points toward constructive partnership, with Central Asia serving not as periphery, but as a bridge for sustainable development and mutually beneficial collaboration.

 

Shakhnoza Kodirova

Head of the Department the

the Institute for Strategic and Regional Studies

under the President of the Republic of Uzbekistan

The awakening lion: the era of renewal

📅 20.08.2024

Hey, great Turan, land of lions!
What has become of you? What are these days you endure now?
Oh, glorious cradle of Genghis, Timur, Oghuz, and Attila!
Where have the esteemed seats you once held gone?..
Abdurauf Fitrat
An American politician once said of the current life and fate of the Central Asian region: ‘They are neither post-Soviet nor post-communist countries now’.
Today no specialist knowledge is needed to understand this idea, which suggests that such labels are outdated in the research community. For example, ten to fifteen years ago the political behaviour of Central Asian societies – neighbours for thousands of years – was prone to national separatism, mutual dislike and latent hostility, but today they have undergone a remarkable transformation. Ideologues and ordinary Central Asians only a couple years ago endeavoured to prove their superiority, their antiquity and, for these very reasons, their greater belonging to the historical and cultural heritage of the region. Though they still might hurl some sharp insults at each other, now they have become united neighbours.
Every day we see and hear of events that illustrate this unity and provide concrete evidence of it. Meanwhile, as already noted, some latent and outdated policies of these neighbouring countries towards each other still attempt to turn the common cultural heritage of the region into a language of hatred.
As a result of Soviet nationalisation and post-Soviet ideologisation, these five states in the Eurasian centre, the land that once founded great empires and was famous throughout the world, unfortunately turned away from one another after gaining independence. This, in turn, allowed the region to remain a geopolitical object for the modern world’s empires.
At this moment, I do not intend to delve into the geopolitical picture of the region and its current situation. I would like to share my brief thoughts on the bold steps and the international image of what Uzbek leadership is calling ‘New Uzbekistan’. The country is transforming day by day and now has the ability to directly influence regional processes.
These joyful events have made me take up my pen.

August 2024 began with good news. That month’s two important events to which I would like to draw attention, are related to the growing role of New Uzbekistan in world politics, culture, and modern history. These were the state visit of the President of Uzbekistan to Kazakhstan and his participation in the Consultative Meeting of the Heads of Central Asian States in Astana, as well as the historic victory of our athletes at the Olympic Games in Paris.
True, some may argue, “Well, the President has repeatedly participated in meetings in this format, and our athletes have delivered victories commensurate with those from other countries. What’s the big deal?”
But I also have a question for such people: When did the world powers take Uzbekistan, which will soon be celebrating thirty-three years of independence, so seriously? When have this country and its long-suffering people been recognised as independent subjects of international politics? When did our country’s representative reach thirteenth place in a set of international competitions in which athletes from more than two hundred countries took part? When was the anthem of Uzbekistan played eight times at such prestigious competitions? When was our flag raised thirteen times over the winners' podium? And when else did we hear that ‘Uzbek athletes have no equal in the world!’?
Of course, no one will be able to contradict me when I say that these two factors are the worthy fruit of the hard work of our country’s president Shavkat Mirziyoyev.
I would like to say a few words about the meetings in Kazakhstan. The details of this visit vividly demonstrated the results of Mirziyoyev’s changes in regional policy, which he put into place eight years ago.
The first meeting of the Interstate Supreme Council, which took place 7-9 August 2023, was cochaired by Mirziyoyev and President of the Republic of Kazakhstan Kassym-Jomart Tokayev.
This was the first time in our history that the leaders of these two Central Asian states have met to agree on multifaceted supranational cooperation, which is recognised by the world community and international experts as one of the main locomotives of international affairs in the modern world. In the past, despite supranational general concepts such as ‘Central Asia’, ‘regional unity’ or the substanceless slogan ‘Turkestan is our common home’, the identity of the region as a whole has remained extremely blurred. The actions of Kazakhstan and Uzbekistan, the two main powers in the region, towards this end are an important step in transforming these previous abstractions into a concrete plan. We will talk about this a little later, but for now let us focus on the first meeting of the Interstate Council.
The visit hosted meetings of the Intergovernmental Commission and the Business Council, as well as a business forum, political consultations, a think tank forum and intellectual games. The organizers of the meetings also organised cinema days and other cultural events to strengthen the unity of Central Asian peoples in cultural terms as well as economic and political.
One of the most significant events of these meetings was the adoption by the leaders of the two countries of the Programme for Strategic Partnership and Allied Cooperation for 2024-2034. This document undoubtedly marks the beginning of a new stage in Uzbek-Kazakh relations of friendship and good neighbourliness.
Economic relations between the two parties have already reached record highs in recent years. As a result of previous meetings, such as economic forums and business meetings of the parties, solid agreements worth $7 billion were signed.
‘We have opened a new chapter in our multifaceted relations – we have held the first meeting of the Supreme Interstate Council. This format is an expression of the highest level of interstate cooperation and clearly demonstrates the close ties between our countries and peoples and their firm desire to strengthen cooperation in all areas,’ Mirziyoyev said at the meeting.
Of course, this unprecedented level of cooperation between the two countries did not go unnoticed by the world community and international experts. Analysts and think tanks commented widely on the details of the visit. In particular, Roy Anthony Rogers, Deputy Director of the Asia and Europe Institute at the University of Malaya (Malaysia), outlined his observations as follows:
‘Thanks to the strong historical ties and personal friendship between the leaders of Uzbekistan and Kazakhstan, the current state of Uzbek-Kazakh relations is characterised by special dynamics, a high level of mutual understanding and trust. I believe that this visit of the president of Uzbekistan to Kazakhstan is of historic significance not only for the peoples of the two countries, but also for the prosperity of the entire Central Asian region.’
Praising Uzbekistan’s policy of regional cooperation, Nasri Al Saadi, Managing Partner of Premium Construction (Qatar), focuses in his article on the sincere actions of the neighbouring countries:
‘The two leaders are committed to uniting the region and coordinating efforts through consultative meetings and the Central Asia Plus platforms, which are becoming increasingly popular mechanisms for international cooperation. They actively support each other on global and regional political issues’.
Of course, my aim is not to summarise or comment on the opinions of foreign analysts on this historic meeting. My intention is to tell you about the activities of Mirziyoyev, who is striving with equanimity and wisdom to achieve his goal of transforming Uzbekistan’s previous isolation into regional openness and is achieving great success. After all, I am always proud to be a contemporary and compatriot of a person who has glorified and continues to glorify the name of the Uzbek people and Uzbekistan.

Uzbekistan’s Experience in Poverty Reduction and the Formation of a New Social Protection Model

📅 17.10.2025

Since 2017, President Shavkat Mirziyoyev’s administration has pursued a sweeping reform agenda, liberalizing the economy while strengthening social welfare. These reforms are enshrined in new policies and the 2023 Constitution, which explicitly defines Uzbekistan as a “social state” responsible for ensuring employment and reducing poverty. The government’s national strategy (“Uzbekistan–2030”) even set a target of halving poverty by 2026. In short, Uzbekistan’s policy framework has shifted toward the combined goals of economic growth and inclusive social protection.

By 2023 the new National Agency for Social Protection (NASP) and community “Inson” service centres were delivering aid to roughly 2.3 million needy families – about a four-fold increase from 2017. Pensions and basic benefits were also raised: for instance, pension and disability payments in real terms are now about 1.5 times higher than before the reforms.

Community service is delivered through Inson centers, one-stop offices in each locality that help citizens apply for benefits and services. These “Inson” centres provide personal assistance with applications and information, reflecting a shift to integrated, client-oriented support. Relatedly, a new registry of persons requiring care has been established (by 2023 it contained ~17,800 profiles) to manage support for the disabled and elderly; each case is reviewed quarterly so that aid can be adjusted as needed. Together, these digital tools and organizational changes – one-stop “Inson” centers, a unified registry, targeted lists and case management – represent a modern social protection architecture far beyond Uzbekistan’s previous fragmented system.

International partners have closely supported and evaluated these reforms. The World Bank has played a leading role: it delivered roughly $2.1 billion through policy-based loans (2018–2021) to finance structural reforms in jobs, governance and social policy. In mid-2024 the Bank approved an additional $100 million “INSON” project to improve social care for vulnerable groups. This project will establish more than 50 community-based social service centres and expand services to some 50,000 people (including older persons, disabled, and children).

Within the framework of the “From Poverty to Prosperity” program, launched on 1 November 2024, families receive support across seven key dimensions:

• Ensuring stable employment and achieving higher income levels;
• Access to education and vocational training;
• Access to guaranteed state healthcare services;
• Access to social services;
• Improvement of housing conditions;
• Development of mahalla (community) infrastructure by the state;
• Direct engagement and dialogue with public sector representatives.

More than 600,000 families have gained access to 1.3 million social services aimed at employment and income growth. Members of these families have also benefited from over 2.2 million guaranteed healthcare services, directly contributing to their sustainable participation in the labor market.

Expanding Social Care Provision

For individuals requiring continuous care, a new model of service provision through private providers has been introduced. These services include household assistance, home- and field-based care, medical and social rehabilitation, and personal assistant support. Currently, 13,800 individuals — representing 76% of all those in need of care — receive such services from the private sector.

According to the Presidential Decree of the Republic of Uzbekistan, by 2030 the number of recipients of social services is expected to reach at least 3 million citizens annually, while the share of services provided by the non-state sector will rise to 30%. This approach fully aligns with the principles of the social and solidarity economy.

The programs implemented by the National Agency for Social Protection are characterized as accessible, effective, and oriented toward sustainable economic development.

1. Accessibility

As part of the “From Poverty to Prosperity” program, a National Registry of Poor Families has been established. The identification of households and decisions regarding their inclusion are made directly at the community (mahalla) level. As of today, 667,000 families, comprising approximately 2.8 million individuals, have been registered. This provides a comprehensive understanding of their living conditions and the opportunities for poverty reduction.

2. Effectiveness

In the first nine months of the current year, the average per capita income among registered families has nearly doubled, rising from 174,000 soums (~USD 14) to 338,000 soums (~USD 27) per month. Furthermore, 73,000 families that previously had no income now earn official wages. During the same period, 150,000 families have successfully escaped poverty, with 105,000 (70%) doing so primarily due to increased formal employment income.

3. Sustainability

To ensure targeted support, families are categorized into three groups:

• Red – households with persons with disabilities requiring care, as well as families without a breadwinner or headed by a single parent;
• Yellow – families with employable members but lacking stable income and professional skills;
• Green – families that have exited poverty but remain at risk of falling back.

This classification enables the application of differentiated measures: “red” families receive priority care and social support; “yellow” families are targeted with employment and training programs; and “green” families benefit from measures aimed at preventing a return to poverty.

Within this framework, the development of a “care economy” has emerged as a key priority. The Agency has introduced daycare services for children with disabilities and the “Step into an Active Life” program for older persons. These initiatives enable family members to participate in the labor market, thereby activating previously unpaid caregivers.

Investing in Human Capital

Particular attention is given to children from low-income families. The state subsidizes up to 90% of the costs associated with their education and development. In 2025, 125,000 children from poor households gained preferential access to preschools, demonstrating how social protection systems can make an indirect yet significant contribution to poverty reduction.

In conclusion, the programs implemented by the National Agency for Social Protection go far beyond material support. They create enabling conditions for income generation, employment, and human capital development, thereby contributing directly to the sustainable economic growth of the country.

Olima Almatova Qorabekovna, a resident of “Ezgulik” makhalla, Buka district, Tashkent region, who received support from the Agency, said:

“My spouse worked at the mining combine for forty years, but after he became ill, he could no longer continue. For his sake, I took on whatever jobs people offered me. When the doctors suggested placing stents in his heart arteries, I refused, saying: ‘Whatever help you can give, give it to my family. I’ve lived my life, I am already sixty-seven. I’ve seen so much — whatever comes, I will accept it. I don’t need stents. I only ask that you give a little help to my family.’

When support arrived under the President’s decision, I cannot express how happy I was. I said: ‘Oh God, there really is someone who came to open my door.’ They came and extended a helping hand. We planted cucumbers and tomatoes, and soon money began to come in. We have already earned income three times. So much support has reached us, and we are deeply grateful to our President. Feeding even one family is difficult, yet he is taking care of millions. For those who are struggling and in need, such help gives strength, brings joy, and inspires them to move forward. One can hardly imagine just how powerful that is.”

In conclusion, the programs implemented by the National Agency for Social Protection go far beyond material support. They create enabling conditions for income generation, employment, and human capital development, thereby contributing directly to the sustainable economic growth of the country.

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

📅 27.05.2026

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Pakistan hosts presentation of the book – “Uzbekistan: Third Renaissance – Concept of the Future” in Urdu

📅 06.11.2025

A presentation of the literary and publicistic collection “Uzbekistan: Third Renaissance – Concept of the Future” was held in Islamabad, written in Urdu by renowned Pakistani journalist and author Muhammad Abbas Khan, explores Uzbekistan’s modern development vision and reform agendat.

The collection offers a comprehensive analysis of the essence, spiritual foundations, and global significance of Uzbekistan’s vision for a New Renaissance — the foundation of the country’s Third Renaissance — under the leadership of President Shavkat Mirziyoyev. The book elaborates on the concept advanced by the Head of State, tracing its historical roots and outlining its relevance for the future of human civilization. The author emphasizes that this vision draws inspiration from the legacy of Uzbekistan’s great ancestors and seeks to unite the principles of modern development, enlightenment, and humanism, serving as a bridge between the nation’s rich intellectual past and its forward-looking aspirations.

The collection also highlights the shared initiatives and common aspirations of the leaders of Uzbekistan and Pakistan to advance major transport and communication projects linking Central and South Asia. According to the author, these efforts represent the revival of the legendary Silk Road. The book not only describes the sweeping reforms and modernization taking place in Uzbekistan, but also emphasizes that the development path of the “New Uzbekistan” may serve as an inspiring model for Pakistan and the wider Eastern world.

The presentation ceremony brought together members of Pakistan’s government and parliament, representatives of the diplomatic corps accredited in Islamabad, prominent scholars, analysts, public figures, and media representatives. Attaullah Tarar, Federal Minister for Information & Broadcasting of Pakistan, attended the event as the guest of honour.

The presentation opened with the national anthems of Uzbekistan and Pakistan, followed by a video highlighting the nine years of Shavkat Mirziyoyev’s leadership as a President of Uzbekistan.

The event commenced with welcoming remarks by Alisher Tukh­taev, Ambassador of Uzbekistan to Pakistan. In his address, the Ambassador emphasized that, under the leadership of President Shavkat Mirziyoyev, Uzbekistan has entered an era of openness and creative transformation.

He noted that over the past nine years, the country has implemented comprehensive reforms across the socio-economic, political, educational, and cultural spheres. As a result, Uzbekistan’s Gross Domestic Product has doubled, reaching 115 billion US dollars; exports have risen to 26 billion dollars; and foreign investments have exceeded 130 billion dollars. Thousands of new enterprises have been established, reflecting the dynamic pace of development and modernization.

It was noted that relations between Uzbekistan and Pakistan have been elevated to the level of a strategic partnership, with the establishment of the High-Level Strategic Cooperation Council. Direct air connections now link Tashkent with Islamabad and Lahore, while collaboration in the fields of education and culture continues to expand rapidly.

Particular attention was given to the Trans-Afghan Railway Project — recognized as a strategic initiative aimed at strengthening peace, mutual trust, and economic connectivity across the region, effectively reconnecting Central and South Asia.

Ambassador Alisher Tukh­taev expressed his sincere gratitude to the author of the featured work, Muhammad Abbas Khan, and to the management of “Daily Ittehad” publishing house for their contribution to the creation and publication of the book. He emphasized that this work will make a valuable contribution to fostering friendship and solidarity between the peoples of Uzbekistan and Pakistan.

In turn, Tahir Farooq, head of “Daily Ittehad” publishing house, expressed his satisfaction with the publication of the book “Uzbekistan: Third Renaissance – Concept of the Future”.

“This book is not merely a compilation of facts about Uzbekistan”, - he noted, - but an important work that vividly reflects the ongoing processes of reform and renewal in the country. It is not a collection of speeches or a translation of another author’s work, but the result of five years of observation and analysis by Muhammad Abbas Khan. His insights carry great significance for understanding Uzbekistan’s contemporary path of development. The book also serves as an important historical document of the new era unfolding in Uzbekistan”.

In his address, Attaullah Tarar, Minister for Information and Broadcasting of Pakistan, highlighted the deep historical ties between the peoples of Uzbekistan and Pakistan, noting that the land of Uzbekistan has produced eminent figures of the Timurid dynasty, including the distinguished scholar and statesman Zahiriddin Muhammad Babur. The Minister emphasized that the region connecting Central and South Asia has always been a vital part of the Great Silk Road, and that Uzbekistan’s contemporary policy under the leadership of President Shavkat Mirziyoyev is focused on revitalizing this historic corridor of cooperation.

Concluding his speech, Minister Attaullah Tarar reaffirmed the readiness of Pakistan’s Ministry of Information and Broadcasting to extend full support in promoting the book and the “Third Renaissance” initiatives advanced by President Shavkat Mirziyoyev to the Pakistani public.

In his address, author Muhammad Abbas Khan discussed the process of writing the book, the ideas it conveys, and its principal objectives. According to the author, the work is based on his research, observations, and personal impressions, providing an objective account of Uzbekistan’s ongoing processes of renewal and development.

“I have had the opportunity to directly observe the profound transformations taking place in Uzbekistan, the reforms being implemented under the leadership of President Shavkat Mirziyoyev, and the policies aimed at fostering an open society, enhancing human dignity, and advancing education and enlightenment, along with their tangible results. Today, Uzbekistan is experiencing a period of awakening. The concept of the Third Renaissance, being realized in Uzbekistan, serves as an example of a universal experience grounded in confidence in the future, scientific and spiritual renewal, and policies for the development of human potential”, - said Muhammad Abbas Khan.

The book “Uzbekistan: Third Renaissance – Concept of the Future” is expected to serve as a unique resource for familiarizing the Pakistani public with Uzbekistan’s new historical path of development, while further strengthening the cultural and spiritual bonds between the two nations.

Leaders of Uzbekistan and Qatar review prospects of expanding strategic partnership

📅 18.12.2024

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.