The second day of the visit of the Head of our state to Navoi region began with a joyful event. A ceremony dedicated to new projects was held with the participation of representatives of the public.
In recent years, entrepreneurship in Navoi region has been actively developing, and the interest of investors in the region continues to grow. In 2023 alone, the region produced more than 101 trillion soums worth of industrial products and exported $648 million. Foreign investments worth about $478 million were also absorbed, and the foreign trade turnover of the region amounted to about $1.3 billion. More than 300 foreign enterprises operate in the region, and their number will continue to increase.
Fifteen new projects were announced at the ceremony.
In particular, the projects on extraction and processing of oil shale in Kanimekh district, construction of a 300 megawatt solar photovoltaic station and a 75 megawatt electricity storage system in Karmana district, production of technical gases in Navoi city, processing of marble in Gazgan and granite in Zarafshan, extraction and enrichment of kaolin in Uchkuduk district, and production of fish feed in Khatyrchi district were launched.
Enterprises were launched to produce potassium sulfate and sulfuric acid in Karmana district, cotton pulp in Navoi city, and granite processing in Nurata district.
The total cost of the 15 projects is $3.6 billion. More than 7 thousand jobs will be created.
President Shavkat Mirziyoyev pressed a symbolic button and gave start to the construction and operation of the new projects.
In the modern world, freedom of speech and information is a key element of a democratic society.
Uzbekistan is actively moving towards strengthening the constitutional rights of citizens in this important area, striving to create favorable conditions for the free exchange of information and development of the information society.
The country remains firmly committed to further improving the system of ensuring human rights, freedoms and legitimate interests. The efforts made by the country's leadership in this direction are holistic, sustainable and irreversible.
The following key aspects of state policy in areas of obtaining and disseminating information:
Firstly, creating conditions for free expression of opinions, independent and safe work of the media. Freedom of speech and press are fundamental principles of a democratic society. Uzbekistan strives to ensure pluralism of opinions and prevent any form of censorship, which contributes to the development of an open and informed society.
For this purpose, the necessary legal frameworks have been formed and are being improved in accordance with international standards and recommendations. To date, the country has adopted more than 10 relevant laws, among them - “On guarantees and freedom of access to information”, “On the openness of the activities of public authorities and management”, “On the media”, “On the principles and guarantees of freedom of information” , “On the protection of the professional activities of a journalist”, “On informatization”, etc.
Under Uzbek legislation, journalists are guaranteed personal inviolability in the performance of their professional duties and may not be prosecuted for publishing critical material.
In addition, to further liberalise media activities and ensure the rights of journalists, in 2018, the legislation clarified the legal status of journalists and guarantees of freedom of journalistic activity, as well as the procedure for accreditation of foreign media representatives in the country in accordance with modern requirements.
Mechanisms have also been established for government support of the mass media (provision of privileges on taxes, other compulsory payments and tariffs, preferences, provision of government subsidies, grants and social orders, as well as social support for editorial staff).
The consistent expansion of conditions and opportunities for media outlets is also reflected in their quantitative characteristics. From 2016 to date, their total number has increased by 49 per cent, reaching 2,200. At the same time, the total share of non-state media in the country is over 60%. Alongside traditional media, online publications are also developing rapidly, the number of which has reached 716, and their audience is steadily growing.
It is important to note that in 2023, a number of issues of ensuring freedom of information were enshrined at the level of the country’s Basic Law. Thus, the new version of the Constitution of the Republic of Uzbekistan, adopted at a national referendum, outlines guarantees for the state to ensure free activity of the media, as well as responsibility for interference in the work of the media.
Another main difference of the new version of the Constitution in terms of freedom of information is the specification of the legal conditions under which restrictions on the search, receipt, use and dissemination of information can be introduced.
Similar provisions were identified in the Basic Law earlier, but were not detailed, which could lead to ambiguous interpretation and be used to unjustifiably restrict the rights of citizens.
The 2023 amendments establish that restrictions can only be imposed on certain grounds and only to the extent necessary. This represents a significant step forward in ensuring that restrictions on the right to seek, receive and disseminate information are transparent, legal and proportionate. These measures help strengthen the rule of law, protect the rights and freedoms of citizens and increase public confidence in government institutions.
A new provision has also been introduced into the country's Constitution guaranteeing free access to the Internet. Thus, the state at the constitutional level confirms its obligations to create all the necessary conditions for this, including in the context of supporting the processes of active digital transformation of the country and expanding the range of online services provided to the population.
Secondly, ensuring unhindered and equal access to information, including strengthening the accountability of government bodies to society. This includes expanding access to data on the work of government agencies and socially significant information in general. Availability of information allows citizens to be better informed, make informed decisions and actively participate in public life.
Openness and transparency in the activities of government agencies remain one of the key indicators of the effectiveness of the system of public control, ensuring continuous dialogue between the state and citizens, minimizing bureaucracy and combating corruption. It is the full implementation of this aspect that will reflect the principle laid down by the Head of State: “It is not the people who serve the state bodies, but the state bodies should serve the people”.
The work carried out by the Republic of Uzbekistan in this regard is becoming increasingly systematic. Thus, in addition to the current Law on Openness in the Activities of State Authorities and Government Bodies, a number of normative acts have been adopted since 2018 and up to the present time aimed at radically improving the work of the press services of State bodies and raising the status of press secretaries to the level of deputy head of department.
Increased requirements were set for the heads and employees of information services of state bodies, including timely and comprehensive coverage of key events and decisions within the work of their departments, as well as prompt response to requests from journalists and the public.
At present, the combined staff of the press services of ministries and departments includes 778 press secretaries and more than 500 employees.
In addition, the Agency of Information and Mass Communications, together with the press secretaries of government agencies, has created a mechanism for promptly responding to citizens' appeals, as well as critical and widely discussed news items in the media. As part of this work, more than 10,000 responses and expert opinions on the identified materials were published in the media, social networks and messengers.
The new version of the Constitution also obliges public bodies to act in a transparent and open manner. This means that all significant decisions and actions of public institutions must be publicly justified and documented. Authorities are obliged to publish regular reports on their activities and inform the public about important initiatives and programmes.
In 2021, in accordance with the Presidential decree, the possibilities of public control over the activities of government agencies were expanded. A list of socially significant information to be published as open data was approved, government bodies and organizations developing data, as well as the procedure for their publication were clearly defined.
The practice of determining indicators of openness and assessing it based on advanced international standards has been successfully introduced. The corresponding national Openness Indexes were published for 2022 and 2023.
At the same time, in 2022, liability was established for violating the legislation on the openness of the activities of public authorities and management, including for non-disclosure of socially significant information, failure to comply with the deadline and procedure for publication, or falsification of information.
Thirdly, protecting the rights of citizens to privacy and personal data. In the era of digital technology and big data, government policy is aimed at ensuring the security of citizens' personal information and preventing its misuse. This includes the development and implementation of legal regulations and technical solutions to protect personal data.
These issues are regulated by the relevant Law of the Republic of Uzbekistan “On Personal Data” dated July 2, 2019. In particular, it regulates the need to ensure the collection, systematization and storage of personal data of citizens of the Republic of Uzbekistan in the country in order to suppress the risks and threats of their leakage and misuse.
At the same time, it should be noted that the new version of the Constitution also enshrines the right to protection of personal data as a personal right of the individual. Consequently, their processing is allowed only with the consent of the individual. From now on, the Basic Law creates a direct possibility for citizens to demand correction of inaccurate data and destruction of data collected illegally or no longer having legal grounds, i.e. to realise the established international practice of the so-called ‘right to be forgotten’.
Such amendments are designed to promote the protection of privacy, increase trust in data processing systems, reduce risks and abuse, develop the digital economy and comply with international standards. Together, these measures create the conditions for a more transparent, secure and sustainable society in the digital age.
At the same time, the development of the population's information literacy remains an important factor in the formation of an effective and self-regulated national media environment against the background of various global challenges. The need to meet the needs of citizens for quality content and improve critical thinking skills has been repeatedly emphasised by the President of Uzbekistan.
The relevance of this task is confirmed by the fact that disinformation is recognised as one of the main short-term global threats, according to an expert report by the World Economic Forum. In addition, a long-term study of media consumption in Central Asia, conducted by the United States Agency for International Development and the non-governmental organisation Internews, shows an increase in the share of citizens in Uzbekistan who lack basic skills in working with information on the Internet (from 3% in 2021 to 25% in 2023).
Uzbekistan continue the country's course of strengthening openness and to develop fruitful and constructive international co-operation in the area of freedom of speech and the press with a view to turning the media into a real ‘fourth estate’. This will certainly create the necessary conditions for the creation of an informed, safe and progressive society ready to meet the challenges and opportunities of the digital age.
Aziz Yengalychev,
Chief Researcher at the Institute for Strategic and Regional studies under the President of the Republic of Uzbekistan
In recent years, improving the living standards of the population and ensuring access to housing has become one of the top priorities of state policy in Uzbekistan. The reforms being implemented in this area go beyond simply increasing construction volumes — they are being carried out through a comprehensive approach closely linked to accelerating demographic growth and urbanization.
Demographic Factor and Growing Housing Demand
The high rates of demographic growth observed in the country require a fundamental review of housing policy. In recent years, the country’s population has been growing by nearly 800,000 people per year, and the number of new families by 250,000 — figures that demand a sharp acceleration of efforts to meet housing needs. To address this demand, the construction of 110,000 apartments for 2025 alone. By 2040, the goal is to double the number of housing units built annually to 421,000 and increase the mortgage loan portfolio to $56.7 billion.
Urbanization and the Shift to Integrated Construction (Vertical Growth)
Due to rapid population growth and limited land resources, the approach to urban expansion is changing. The approximately 40% of the country’s multi-apartment housing stock, currently made up of 2–3-story buildings, is being replaced by modern housing built on the principle of vertical growth, incorporating social infrastructure and green spaces.
Strict urbanization criteria have been established for the development of “New Uzbekistan” residential districts. In particular, new sites are selected based on the following criteria:
Institutional Reforms and Digitalization
To effectively manage urbanization and the housing market, the National Committee for the Sustainable Development of Urbanization and the Housing Market has been established. This committee coordinates urbanization processes, renovation programs, and the construction of “New Uzbekistan” districts. To prevent uncontrolled urban sprawl, plans are underway to designate 45 agglomeration zones across the country and launch the “Sustainable City” platform. Additionally, a unified digital urbanization platform called “Uy-joy” is being created to consolidate all urban planning processes, a land bank, and project data.
Environmental Sustainability and “Green” Standards
Environmental sustainability is a priority in the modern urbanization process. According to state programs, in “New Uzbekistan” districts, at least 2% of the cost of constructing multi-apartment housing must be allocated to creating green spaces around residential buildings. For large investment projects in Tashkent, it is mandatory that green spaces occupy at least 30% of the area. Housing and construction projects are evaluated and certified according to special “green” standards.
Social Protection and Financing (Mortgage Subsidies)
The acceleration of urbanization must not leave socially vulnerable segments of the population behind in the housing market. To this end, the mortgage subsidy system has been fully automated through the “subsidiya.idm.uz” platform. The system of providing state budget subsidies to cover down payments and interest has been expanded for low-income families, young people under 30, single women in difficult social circumstances, and official labor migrants.
In general, the reforms aimed at improving housing conditions in Uzbekistan are not simply about constructing new buildings — they represent a broad state policy directed at creating a modern urbanization environment that can withstand strong demographic growth, is ecologically clean, have infrastructure, and is comfortable for the population.
Recently, President of the Republic of Uzbekistan Shavkat Mirziyoyev received a special letter from President of the United States Donald Trump. In this message, which is of great significance in political and diplomatic circles, the U.S. President highly commended our Head of State’s active and constructive participation in the inaugural meeting of the Peace Council in Washington. The letter specifically acknowledged the innovative reforms being implemented by our esteemed President in New Uzbekistan and the results achieved, and invited him to the next meeting of the Peace Council as well as to the prestigious G20 Summit to be held in Miami.
It concluded with the words, “May the Creator bless you and the great people of Uzbekistan,” expressing the highest respect.
Do you know the geopolitical significance of this development?
It is an open acknowledgment that the leader of the world’s most powerful country regards New Uzbekistan not as a small Central Asian state, but as a strategic partner helping to shape global peace, security, and a new world order. The attention and invitation extended by the head of the White House represent the international community’s true assessment of the balanced, enlightened, and pragmatic foreign policy pursued by our President.
What force lies behind this diplomatic success? Why is Washington listening so closely to Tashkent’s views and position today, at a time of intensifying rivalry among global powers?
The answer is clear and well founded: humanity stands on the threshold of a profound paradigm shift. Indeed, the world’s geopolitical architecture is currently undergoing a stage of fundamental renewal, transformation, and restructuring.
Traditional methods in international relations—the use of force, financial pressure, and artificially constructed political alliances—are losing their value. At a time when humanity is caught in a vortex of unexpected global crises and conflicts, a new form of peace diplomacy—grounded in reason, science, rational analysis, enlightenment, and logic—is emerging on the geopolitical stage.
Therefore, President Donald Trump’s letter is far more than a matter of ordinary diplomatic courtesy or symbolic protocol. It demonstrates that New Uzbekistan is becoming a firm pillar of the global political architecture.
Those of us in the academic and scientific community must examine this process at a deep, fundamental level: Why is the leader of the world’s most powerful country paying such close attention to Uzbekistan’s voice and to its balanced, enlightened position?
It should be noted that the international community has recently come to recognize Tashkent’s foreign policy as a “phenomenon of pragmatism grounded in humanism and enlightenment.” Uzbekistan is therefore no longer a mere observer at global flashpoints. Tashkent proposes addressing problems through clear, systematic solutions based on reason and knowledge. This is precisely why Donald Trump attaches fundamental importance to Tashkent’s role in the Peace Council established in Davos and at the Washington summit. His views indicate that Uzbekistan has already moved beyond the status of a “geopolitical player in the shadows” or a “small state.” Our country is emerging as a pillar of stability in Central Asia and a strong bridge for peace in global diplomacy.
In his historic address at the Peace Council’s first summit in February of this year, our Head of State stated clearly and firmly: “We must seize this historic opportunity to build a New Gaza—a prosperous region with decent living conditions for its people.”
The Uzbek leader’s initiative to build homes, kindergartens, schools, and hospitals in crisis-stricken areas is a fundamental concept conveying to the world that war and destruction can be overcome only through enlightenment, education, socioeconomic recovery, and science diplomacy.
Clear evidence of this can be seen in the period from 2022 to 2026, which has been marked by entirely new initiatives, major investments, and the rapid expansion of academic exchanges in education and science. Data from the Ministry of Higher Education, Science and Innovation of the Republic of Uzbekistan, the U.S. Embassy in Tashkent, and international organizations such as American Councils clearly demonstrate the scale of this growth.
In recent years, thousands of local English-language teachers have been retrained in accordance with international standards through the English Speaking Nation (ESN) program, implemented with the support of the U.S. Department of State. American specialists—English Teaching Assistants (ETAs)—have been directly involved in teaching at schools and universities across various regions of Uzbekistan.
With U.S. support, modern teaching and learning packages for English and computer science (IT), meeting international standards, were also developed and introduced for grades 1–11 in general education schools.
Cooperation in higher education has advanced beyond student exchanges to the level of institutional development:
The expansion of the Fulbright and FLEX programs significantly increased the quotas for academic exchanges intended for researchers, graduate students, and schoolchildren. Young Uzbek scholars and teachers gained opportunities to conduct research at leading U.S. universities, including the University of California, Berkeley, and the University of Texas.
Franchising and partnerships with American universities have developed, while the network of joint educational programs—including double-degree programs—and academic cooperation with U.S. higher education institutions has expanded. The Tashkent branch of Webster University has further broadened its activities and continues to train highly qualified professionals through its undergraduate and graduate programs.
The number of joint research projects between the Ministry and U.S. higher education institutions in IT, alternative energy, agricultural technologies, and sociolinguistics has increased. Educational resources open to the wider public have also been developed beyond formal educational institutions. A network of modern libraries, STEM laboratories, and free language-learning centers has been established in Tashkent, Karshi, Namangan, Termez, and other cities. These centers have become free platforms for young people to acquire knowledge and exchange information. Special grants and training programs have also been introduced to increase the participation of women and girls in STEM—science, technology, engineering, and mathematics.
In addition, from July 13 to 18, a delegation from the Ministry of Higher Education, Science and Innovation was sent on an official visit as part of the international Future 100 internship program.
The program arranged internships at the world’s leading universities, technology companies, accelerators, and other organizations. In particular:
Visits were organized to the Massachusetts Institute of Technology (TOP 1), Stanford University (TOP 3), Harvard University (TOP 5), the University of California, Berkeley (TOP 17), and San Francisco State University.
The delegation learned about the work of Coursera, Google, OpenAI, the StartX Accelerator, the Office of the Mayor of San Francisco, and the United Nations, and took part in seminars.
Recent years have marked a fundamental shift, both quantitative and qualitative, in Uzbek-American educational relations. This cooperation serves as an important driver for developing human capital in Uzbekistan, training professionals who can compete in the global labor market, and modernizing the education system.
Today, we can say with confidence that a strong foreign policy rests upon strong enlightenment and a powerful economic foundation. In this regard, the scale of past and present economic and social cooperation between Washington and Tashkent deserves particular recognition. The agreements reached within the framework of the Tashkent International Investment Forum and business dialogues in Washington—with the leadership of the Export-Import Bank of the United States and the U.S. International Development Finance Corporation (DFC), as well as with such global corporate giants as BlackRock, John Deere, Traxys, and Valmont Industries—are no coincidence.
Major projects in healthcare, critical-mineral processing, green energy, artificial intelligence, digitalization, data centers, and the construction of a new airport hub in Tashkent are the practical fruits of intellectual power grounded in science and technology.
The United States’ view of Uzbekistan as a strategic partner is also closely linked to the reforms underway in our country’s higher education and research sectors. In modern competition, it is not raw materials but intellectual capital and advanced technologies that are becoming decisive. Science is the only universal human phenomenon that knows no borders and can show the way toward rational compromise in any situation. The global peace initiatives advanced by Uzbekistan embody the following three principal enlightened solutions:
Resolving conflicts not through political or military pressure, but by rebuilding society’s social and cultural fabric and establishing educational infrastructure.
Ensuring that every peace mechanism—including efforts such as the reconstruction of Gaza—is supported by the local population and founded on sustainable economic models.
Demonstrating New Uzbekistan’s readiness to assume geopolitical responsibility and offer solutions at the world’s most painful flashpoints.
This is precisely why the United States and the international community see Shavkat Mirziyoyev as a new, reliable, and balanced guarantor of global stability.
It is evident that, in the twenty-first century—when global competition is becoming increasingly fierce—our country has its own voice, its own conceptual model, and a firmly established place on the world stage. We believe that the G20 Summit in Miami and the upcoming meetings of the Peace Council will elevate Uzbekistan’s active participation in shaping the global political agenda to an even higher level.
For our part, we must support this honorable and prudent diplomatic course led by our esteemed President through science, innovation, and a highly skilled workforce, while demonstrating to the world the strength of the Uzbek tradition of enlightenment.
Thus, New Uzbekistan is a new global center of peace, enlightenment, academic intellect, and international cooperation. This message will continue to resound from international platforms and unite the entire world around the cause of goodness.
Fazliddin MUMINOV
Head of Department, Ministry of Higher Education, Science and Innovation
On February 21, under the chairmanship of the President of the Republic of Uzbekistan, Supreme Commander-in-Chief of the Armed Forces Shavkat Mirziyoyev a meeting was held on strengthening military security and defense capacity of the state.
The meeting was attended by members of the Security Council, heads of ministries and departments within the Armed Forces of Uzbekistan, commanders of military districts, as well as the chairmen of the Jokargy Kenges and the Council of Ministers of the Republic of Karakalpakstan, regional and Tashkent city khokims, as well as responsible persons of local authorities in the videoconference format.
At the beginning of the meeting, the adopted measures on strengthening the country's defense capacity and their results were reviewed, certain shortcomings in this work were pointed out.
It was noted that the national army is being equipped with modern weapons and equipment, the level of combat and moral-psychological training of servicemen has significantly increased.
In view of international experience and the analyses carried out, new combat units have been formed to prevent and eliminate internal and external threats, and the organizational structure of the troops has been optimized.
It was underlined that the creation of a new system of modernization and modern equipment of the army continues - the defense industry is developing and additional enterprises have been set up. The Armed Forces of Uzbekistan have established bilateral military cooperation with more than 20 countries and successfully participated in more than 400 joint exercises.
The infrastructure of higher military schools within the Armed Forces has been completely modernized, their curricula and methodology brought in line with modern requirements.
The social and legal protection of servicemen and their families has been strengthened. In particular, about 30,000 families have been provided with housing, and more than 2,000 children of servicemen have received benefits when enrolling in higher educational institutions.
Military administrative sectors, government and public organizations are involved in creating favourable conditions for homeland defenders. Attention to the issues of educating young people in the spirit of patriotism and initial pre-conscription military training in schools is being intensified.
The meeting identified priority tasks for 2025 and subsequent years.
The need to consider contemporary armed conflicts, existing threats to national security and the peculiarities of the theater of military operations when planning for the further development of the army was emphasized.
It has been indicated that artificial intelligence, robotic systems, missiles, drones and means of countering them are widely used in today's regional conflicts. In this connection, it has been instructed to create new units in the armed forces to combat drones, use robotic equipment, air defense, and cyber structures utilizing artificial intelligence technologies.
The Supreme Commander-in-Chief emphasized the need to further improve the combat readiness of the army, raise the level of combat training, create a unified automated troop management system using artificial intelligence technologies, as well as introduce dual training in military education and training of military personnel.
Priority tasks have been set to improve the activities of the “Corps of Master Sergeants”, which is the backbone of the army, further develop the defense industry, provide social support to servicemen and their families, educate young people in the spirit of patriotism and involve them in military sports.
Reports and proposals by the Minister of Defense, commanders of military districts and other responsible persons were heard at the meeting.
A deeper model is beginning to take shape in Uzbek-Serbian economic relations, based on companies’ mutual access to each other’s markets. The Uzbek side is exploring participation in infrastructure projects in Serbia, while Serbian partners are considering localization, contract manufacturing, and the placement of orders in Uzbekistan. In this way, trade relations are being complemented by investment and production projects capable of giving cooperation a more sustainable character.
The economic logic behind this rapprochement is largely determined by the geographical position of the two countries. Serbia is in close proximity to the major markets of Central and Southeastern Europe and benefits from an extensive network of trade agreements. Uzbekistan is consistently expanding its industrial base and deepening localization in Central Asia. This combination creates favorable conditions for projects in which the partner’s market serves as a platform for production and investment, followed by access to neighboring markets.
Existing trade already outlines the sectoral foundation for cooperation. Uzbekistan supplies Serbia with food, textile, and chemical products, while Serbian exports include industrial equipment, machinery, metal products, and other goods for production purposes. The greatest potential lies in segments where supplies can be further developed through production specialization and joint investment.
The development of transport connectivity between Central Asia and Europe is increasing the importance of the Serbian route. Serbia is considered a potential European link of the Middle Corridor, or Trans-Caspian International Transport Route. Increasing the reliability and predictability of transportation reduces logistical constraints for businesses and improves the economics of projects targeting both Central Asian and European markets.
Against this background, cooperation in the railway sector is particularly significant. The sides are exploring a joint project for the construction of approximately 200 kilometers of railway infrastructure in Serbia. For Uzbekistan, the significance of this initiative goes far beyond a single infrastructure project. It provides an opportunity to bring to the European market the expertise accumulated in railway construction, engineering, and the implementation of major transport facilities. This expands the country’s export potential through engineering and construction services and gives national companies an opportunity to gain experience in implementing projects within the European business and regulatory environment.
In industry, the transition to more sophisticated forms of cooperation is taking place in several formats. In light industry, the placement of orders from Serbian brands at existing Uzbek production facilities is being considered. In pharmaceuticals, contract manufacturing of medicines in cooperation with Hemofarm and Galenika is being explored, along with local production in cooperation with the Torlak Institute. In mechanical engineering and electrical engineering, the focus is on the localization of metal components and the assembly of electric motors. This agenda is complemented by initiatives in the chemical industry and small and medium-sized hydropower.
These formats reflect different levels of enterprise involvement in joint value chains. The placement of orders makes it possible to utilize existing production capacities and establish links with international brands. Contract manufacturing raises requirements for technologies, standards, and quality control. Component localization brings more complex operations into the country and generates demand for local suppliers. In this way, commercial ties gradually create a foundation for sustainable production specialization. The mutually beneficial nature of cooperation is also evident in construction.
Alongside joint efforts to develop railway projects in Serbia, the involvement of Serbian contractors in major urban development projects in Uzbekistan is also being considered. Each side has the opportunity to apply its own experience in the partner’s market and expand the geographical reach of its national businesses.
At this stage, the institutional framework is of particular importance. The agreements on the mutual promotion and protection of investments and on economic cooperation that have entered into force provide a legal framework for long-term investment and systematic sectoral cooperation. Their practical value lies in supporting the initiatives already identified — from determining participants and developing financing models to their direct implementation.
The contours of the next stage are therefore already sufficiently clear: infrastructure services in the European market, the integration of Uzbek enterprises into international production chains, the development of more sophisticated technological operations within the country, and mutual participation of businesses in major projects. This is creating a deeper structure of relations in which trade is extended through investment and industrial cooperation.
The key task now is to consistently transform the established portfolio of initiatives into operational projects. Their implementation will make it possible to turn the geographical position of the two countries into a practical economic resource: for Uzbekistan, to expand the activities of national businesses in the European market; and for Serbia, to develop a long-term presence in the industrial space of Central Asia.
According to the CERR bank ranking results for 2025, the stable positions of most financial institutions indicate a higher competitiveness threshold across the sector. At the same time, a noticeable reshuffling has emerged within the mid-tier segment.
The Center for Economic Research and Reforms (CERR) presented an updated Bank Ranking based on the results of the Bank Activity Index for Q4 2025. The study covers 35 commercial banks of the republic, including 20 large financial institutions classified by scale and branch network, and 15 banks categorized as small. The methodology is based on the analysis of 27 indicators, benchmarked against national averages and international standards, including Basel Committee requirements. The ranking serves as an important tool for enhancing transparency and strengthening trust in the financial system. This approach is consistent with international practice and is used by leading financial institutions worldwide.
Financial results for Q4 2025
During the reporting period, total assets of the banking sector amounted to 892.9 trillion soums ($74.2 bn), while liabilities reached 759.8 trillion soums ($63.1 bn). Lending increased by 13%, while deposits grew by 31%. The share of foreign-currency transactions declined, indicating strengthening of the national currency. Net profit reached 13.5 trillion soums ($1.1 bn), which is 57.1% higher than a year earlier. Over the period under review, the share of non-performing loans decreased to 3.5% from 4.3% a year earlier, pointing to improved portfolio quality. At the same time, in some banks this indicator remains above the sector average. Capital adequacy ratios exceed minimum regulatory requirements by more than 1.4 times, confirming the resilience of the banking sector.
Activity ranking of large banks for Q4 2025
The results for Q4 2025 show that sector leaders have maintained stable positions, while reshuffling within the ranking remains limited. The most notable progress was demonstrated by SQB, which climbed three positions. Positive dynamics were also recorded by Davr Bank, Orient Finance Bank, Xalq Bank, and Ipoteka Bank, all of which improved their standings in the overall ranking. At the same time, only two large banks showed a decline in activity. Invest Finance Bank and Aloqa Bank fell by four and three positions in the overall ranking, respectively. Overall, 13 banks retained their positions in the activity ranking, which, amid intensifying competition, reflects the ability of institutions to maintain operational efficiency, adequate liquidity, asset quality, and financial stability.
Dynamics of key indicators
In financial intermediation, Tenge Bank and Ipak Yuli Bank showed a decline in efficiency in attracting and allocating resources, losing four and three positions, respectively. National Bank, Asia Alliance Bank, Anor Bank, BDB, and Mikrokreditbank also dropped by one position in this category. In terms of financial inclusion, a one-position decline was recorded for Orient Finance Bank, Xalq Bank, Agrobank, BDB, and Ipoteka Bank. Regarding asset quality, six large banks registered a decline. Agrobank lost three positions, while National Bank, Trast Bank, Anor Bank, Aloqa Bank, and Asaka Bank each lost two positions. Despite the overall positive profit dynamics in the sector, two banks posted a decline in profitability, namely National Bank and Anor Bank, which fell by two and one positions, respectively. In management efficiency, weaker positions were observed for Mikrokreditbank and Anor Bank, both down two positions. In terms of liquidity, almost one-third of all large banks in the country lost positions, with the sharpest decline recorded by Davr Bank, down six positions, while Agrobank closed the ranking, falling to the last position on this indicator.
Activity ranking of small banks for Q4 2025
In the group of small banks, relative stability persists. Leaders have retained their positions. The main changes in this category also occurred in the mid-tier segment, where several banks improved their standings due to growth in financial intermediation and higher profitability. In this group, six out of 15 financial institutions, including the ranking leader Universal Bank, retained their positions. At the same time, five banks recorded declines, with the largest drop observed at Ziraat Bank, which lost three positions, while Apex Bank rose by three positions in the overall ranking. AVO Bank and Madad Invest Bank each gained two positions, while Okto Bank gained one position and secured third place in the overall group ranking.
Jafar Khidirov,
Head of Banking and Financial Research Sector
In the modern system of international relations, stable and long-term cooperation between states is based, above all, on political will and trust at the highest level. Relations between the Republic of Uzbekistan and the Republic of Turkey have consistently developed based on an open, sincere, and trusting dialogue established between the heads of state. This political trust creates a solid foundation for public diplomacy, including deepening fraternal ties between the cities.
In recent years, high-level meetings, regular political dialogue, and strategic agreements between the presidents of Uzbekistan and Turkey have elevated relations between the two countries to the level of a comprehensive strategic partnership. Mutual trust and political support from the heads of state have resulted in concrete and practical results in trade, economic, investment, cultural, humanitarian, and educational spheres.
From this perspective, public diplomacy is becoming an important component of Uzbek-Turkish relations. It strengthens official interstate agreements at the public level and deepens trust and mutual understanding between peoples. Particularly between two fraternal nations with shared historical roots, a common language, and spiritual values, public diplomacy is a natural and indispensable process.
In this context, the Uzbekistan-Turkey Friendship Society functions as an important institutional platform for the development of public diplomacy. Cultural events, scientific and educational conferences, youth and women’s initiatives organized by the society contribute to strengthening mutual trust and friendship between the two peoples. This activity promotes public support for priority areas established at the level of heads of state.
At the same time, fraternal relations between cities are one of the most effective and practical forms of public diplomacy. Fraternal relations established between the cities of Uzbekistan and Turkey strengthen political trust at the local level and create a favorable environment for economic and cultural cooperation. The Brother Cities Alliance and the Union of Municipalities of the Turkic World participate in this process as important international structures coordinating and systematically developing relations between cities.
Brother cities cooperation, which has historical significance in Uzbek-Turkish relations, includes ties between the cities as Bukhara – Izmir, Bukhara – Malatya, Samarkand – Sakarya, Tashkent – Ankara, and Khiva – Bolu. Cultural and humanitarian projects, educational and tourism programs, as well as investment initiatives implemented within the framework of this cooperation serve to achieve the strategic goals set by the leaders of the two countries at the local level.
It should be noted that cooperation between cities has not only cultural or economic significance but also an important political content. Trust and cooperation established at the local level ensure the stability and continuity of interstate relations. This demonstrates the significant role of public diplomacy in strengthening the strategic partnership between Uzbekistan and Turkey.
In conclusion, public diplomacy in Uzbek-Turkish relations is an important factor that builds on, complements, and strengthens the trusting political dialogue between the heads of state. Within the framework of the priority areas identified by the heads of state, work carried out at the city level in cooperation with the Brother Cities Alliance and the Union of Municipalities of the Turkic World will contribute to the further strengthening of friendship, trust, and cooperation between the two fraternal peoples.
Zokir Abidov,
Chairman of the Brother Cities Alliance
“Uzbekistan - 2030” strategy, adopted on 11 September 2023, identifies sustainable economic growth, the establishment of modern education, healthcare and social protection systems, creation of favorable environmental conditions, building a just and modern state and guaranteed national sovereignty and security as its priority areas. At the core of all reforms is the aim to increase citizens’ welfare, strengthen public trust in the state and ensure confidence in the future. The strategy represents a shift from goal-setting to results-based management, with clear accountability, measurable outcomes and linked financing.
Since its adoption, Uzbekistan has achieved significant progress. Between 2023 and 2025, nominal GDP rose from USD 107.5 billion to USD 140 billion, while exports, foreign investment and innovative activity also grew. Social indicators reflect the reforms’ impact: unemployment fell from 6.8% to 4.9% and poverty decreased from 11% to 6.8%.
What are the reasons for updating the “Uzbekistan - 2030” Strategy?
The need to accelerate the country’s further development has prompted the update of the strategy and its target indicators. The “Uzbekistan - 2030” Strategy has been revised in light of both external and internal factors.
External factors include the global geopolitical environment, international economic trends, technological innovations, environmental and natural changes and the growing demand for energy and water resources. Internal factors encompass demographic growth, urbanization and migration, which require strengthening institutional quality and improving governance efficiency.
In response to these challenges, a draft of the “Uzbekistan - 2030” Strategy for 2026-2030 has been developed and published for nationwide public discussion.
Within the updated Strategy, while retaining the same five priorities and 100 goals, certain tasks and performance indicators have been revised. Many of the previously established targets have already been achieved and new objectives have been added, resulting in an expanded and updated set of performance indicators. Moreover, the document specifies the responsible ministries and agencies as well as the concrete funding sources required to achieve each goal.
In which areas do the reforms provide “mechanisms for change”?
Economy. The largest number of tasks and performance indicators fall under “II. Ensuring the well-being of the population through sustainable economic growth.” The Strategy sets a target GDP of USD 240 billion by 2030 through measures such as maintaining annual inflation at 5–6%, ensuring fiscal stability, enhancing the country’s investment attractiveness, efficiently utilizing domestic raw materials and developing high-tech-based industry and services. The plan also emphasizes deepening Uzbekistan’s integration into global transport and logistics networks and strengthening the export potential of the national economy.
Transitioning to a green economy, transforming the country into a regional “IT HUB” through digital technology development, increasing competition in the banking sector, creating the most favorable conditions for entrepreneurial activity and implementing comprehensive regional development will generate new jobs, ensure employment and increase citizens’ incomes. These measures are expected to reduce poverty, enhance overall well-being and stimulate the growth of key economic sectors, particularly construction, tourism and the service industry.
Education. The Strategy also aims to create favorable conditions for realizing the potential of the youth as well as developing the education and healthcare sectors. Under “I. Creating dignified conditions for the realization of each person’s potential,” performance indicators have been established to achieve goals by 2030, such as ensuring that 50% of graduates from general education schools and academic lyceums receive higher education and secure employment in sectors offering fair wages. Additionally, the inclusion of 10 higher education institutions in the global top-1000 rankings (QS, THE, ARWU) will enhance the competitiveness of Uzbek youth not only in domestic labor markets but also internationally.
The implementation of a cluster system “enterprise – university – research organization” will contribute to the expansion of innovative products in the economy’s “driver” sectors. The Strategy envisions the creation of spin-off type production clusters at higher education institutions to accelerate the process of integrating scientists’ research ideas into economic practice in areas such as transport and logistics, agricultural production, energy, biotechnology, geology and metalworking, mechanical engineering and electronics. Developing science, especially among youth, will improve Uzbekistan’s position in the Global Innovation Index and enable the country to enter the list of the top 60 most innovative nations worldwide.
Health. It is often said that a person’s education reduces health risks and increases life expectancy, while health - physical, mental and social - is the foundation for a full life and self-realization. The Strategy sets goals for the next five years to increase the average life expectancy of the population, reduce premature mortality from cardiovascular diseases (ages 30–69), cancer and respiratory diseases and decrease the incidence of life-threatening congenital defects in newborns. In maternal and child healthcare, nine performance indicators have been established. The Strategy also prioritizes promoting healthy nutrition and lifestyles among the population and reducing adult obesity rates.
Social Protection. For vulnerable segments of the population, the state will continue its policy of fundamentally improving the system of professional social services, establishing a new support system for persons with disabilities and creating a comfortable and favorable environment for them. For children left without parental care, 100% implementation of alternative, non-institutional forms of care will be ensured and for children with special educational needs, coverage by inclusive education will be increased.
The state pays special attention to the expansion of women’s rights and opportunities. Different cultures have diverse perceptions of the roles of men and women, shaped by history, religion and traditions. At the same time, globalization and potential prospects for the country’s development require the implementation of policies ensuring gender equality and increasing the social and political activity of women. The draft Strategy includes tasks such as expanding the number of women trained in professional and entrepreneurial skills, increasing the number of women actively using information and communication technologies, raising the share of women in leadership positions to over 30 percent, and regulating family relations in households experiencing conflict or on the verge of divorce.
Ecology, Law and Security. The priorities of “Conservation of water resources and environmental protection”, “Ensuring the rule of law and organizing public administration oriented toward serving the people” and “Consistent continuation of a policy based on the principle of a safe and peaceful state” are also included in the Strategy, with specific tasks and performance indicators outlined.
Mechanisms for Achieving Goals for Each Priority
The mechanisms for achieving goals under each priority are reflected in strategic documents. For example, to implement the objectives of the priority “Conservation of water resources and environmental protection”, the National Climate Strategy for Climate Change Mitigation and Adaptation and the Strategy for Industrial Waste Management have been developed.
To develop the driver sectors of the economy and achieve GDP growth to 240 billion dollars by 2030, sectoral strategies have been formulated: Strategy for the Development of Industry of Uzbekistan, Strategy for the Development of the Automotive Industry, Strategy for the Development of Light Industry, Strategy for the Development of the Building Materials Industry, Strategy for the Development of the Jewelry Industry, Strategy for the Development of Tourism in Uzbekistan, Strategy for the Modernization, Accelerated and Innovative Development of the Construction Sector and others.
The development and implementation of strategic documents at the regional level will allow achieving goals and objectives in a comprehensive and targeted manner. For instance, Strategies for Comprehensive Development of All Spheres by 2030 in each region of the country consider socio-economic development through the lens of the local economy and the well-being of the population. The development of such documents involves not only local authorities but also leading ministries and agencies, including the Ministry of Economy and Finance, Ministry of Investments, Industry and Trade, Ministry of Agriculture, Ministry of Digital Technologies, Ministry of Employment and Poverty Reduction, Ministry of Energy, National Committee on Ecology and Climate Change and others.
The development of sections of the Strategy involved national think tanks, such as the Institute of Macroeconomic and Regional Research, Center for Economic Research and Reforms, etc. This demonstrates that Uzbekistan implements a scientifically grounded policy (evidence-based policy), where decision-making in various spheres - economy, social policy, ecology, law and security - is based on scientific data, forecasts and expert assessments to achieve medium- and long-term goals.
Key expected outcomes until 2030 (macro outcomes)
The main outcomes of the updated “Uzbekistan – 2030” Strategy are expressed through economic, social, environmental, and other indicators. In the economic sphere, it is expected to achieve macroeconomic stability and sustainable GDP growth up to USD 240 billion, transform the country into a regional “IT HUB” and enter the top 60 most innovative countries in the world, deepen the republic’s integration into global transport and logistics networks and strengthen the export potential of the national economy. Creating a favorable business climate and sustainable jobs as well as ensuring employment for the population, will help reduce income inequality and poverty, with the elimination of absolute poverty based on minimum consumer expenditure and reducing its level to zero percent.
In the social sphere, Strategy provides for creating decent conditions to realize the potential of young people and improving education and healthcare, reflected in target indicators such as increasing life expectancy to 78 years, achieving 80% coverage of children in kindergartens, and 50% coverage in higher education. It also aims to enhance the quality of university education, include 10 higher education institutions in the TOP-1000 rankings of the world’s most prestigious universities (QS, THE, ARWU) and implement a cluster system connecting enterprises, universities and research organizations.
In the environmental sphere, the Strategy envisions continuing the transition to a green economy, introducing green energy technologies, constructing buildings that meet “green” standards, promoting a culture of rational water use, developing water-saving technologies, preventing air pollution and mitigating the negative impacts of climate change.
Doctor of Economic Sciences, Professor D.M. Karimova
Institute of Macroeconomic and Regional Studies
Republic of Uzbekistan
Президент Шавкат Мирзиёев начал свою поездку в Республику Каракалпакстан с ознакомления с промышленным потенциалом региона.
Совместное предприятие “Nukus Eleсtroapparat” было введено в строй в 2017 году, оно производит силовое оборудование для электросетей. В июне текущего года здесь был запущен проект по изготовлению солнечных панелей стоимостью более 10 миллионов долларов. Оборудование было доставлено и установлено из Республики Корея. Производственный процесс полностью автоматизирован. Годовая мощность проекта составляет 273 тысячи единиц.
Это будет способствовать дальнейшему внедрению альтернативной энергетики в нашей стране. На сегодняшний день в различных сооружениях и домах установлены солнечные панели общей мощностью 600 мегаватт. Этот процесс продолжается.
Наряду с локализацией востребованной на внутреннем рынке продукции совместное предприятие получило возможность экспортировать продукцию на 4 миллиона долларов. Обеспечено работой 70 человек.
Глава нашего государства ознакомился с технологическим процессом, побеседовал с работниками. Ответственным лицам даны указания по увеличению количества таких предприятий и производству ими продукции с высоким спросом на рынке.
Здесь же была представлена продукция, производимая предприятиями отрасли.
На самом заводе установлены солнечные панели мощностью 125 киловатт. Полученная электроэнергия используется для внутренних нужд, а излишки реализуются в региональную электросеть.
За последние годы в нашей стране за счет инвестиций в размере 2 миллиардов долларов введены в эксплуатацию 10 солнечных и ветряных станций общей мощностью 2,6 гигаватта. Также ведется работа по 32 "зеленым" проектам мощностью 18,6 гигаватта общей стоимостью 19 миллиардов долларов. В целом к 2030 году намечено довести долю возобновляемых источников энергии в энергетическом балансе до 40 процентов.
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.
The formula of "comprehensive strategic partnership" in relations between Uzbekistan and Türkiye has in recent years ceased to be merely a diplomatic definition and increasingly reflects the actual substance of bilateral cooperation. Political dialogue, economic collaboration, humanitarian contacts, and transport connectivity form the stable pillars of systemic Uzbek-Turkish relations.
Analysis of the current state of partnership between the two countries confirms that Tashkent and Ankara have successfully established an institutional architecture for comprehensive strategic partnership. The key mechanism of bilateral interaction is the High-Level Strategic Cooperation Council co-chaired by the presidents of both states, with its fourth meeting scheduled for 2026. This format ensures systematic political dialogue and coordination of joint efforts across a broad spectrum of areas.
An important factor in the effective functioning of this institutional system is the active and trusting dialogue between Presidents Shavkat Mirziyoyev and Recep Tayyip Erdoğan, maintained through regular telephone conversations and meetings on the sidelines of international events. Such dynamics impart a personal dimension to strategic interaction and create a favorable environment for deepening practical cooperation at the levels of governments, businesses, and expert communities of both countries.
Uzbek-Turkish relations gain an additional dimension through cooperation within the Organization of Turkic States (OTS). The participation of Tashkent and Ankara in this organization's activities allows bilateral initiatives to be elevated to a broader regional level and to find synergy with other countries of the Turkic world. OTS summits, including those held in 2025, have demonstrated participants' commitment to giving practical substance to cooperation from economy and transport to culture and digital development.
For Uzbekistan and Türkiye, this creates opportunities for advancing joint projects, harmonizing approaches to the regional agenda, and strengthening their positions in a broader geopolitical space.
Uzbek-Turkish cooperation carries significant regional and international dimensions. During a meeting in the "4+4" format in January 2026, the parties discussed regional and international issues, including the situations in Afghanistan, Gaza, Ukraine, and Syria. This demonstrates the two states' intention to coordinate their positions on key items of the international agenda.
Against the backdrop of strengthening political understanding and institutional consolidation of Uzbek-Turkish partnership, the economic component of bilateral relations acquires particular importance, becoming a key driver for their further development.
Trade and economic cooperation between Uzbekistan and Türkiye has demonstrated consistent progress in recent years. The target of raising bilateral trade turnover to USD 5 billion in the medium term and to USD 10 billion in the longer term remains relevant and reflects the potential of bilateral ties. Trade volume in 2025 exceeded USD 3 billion, indicating significant progress compared to figures from eight years prior.
Particularly noteworthy is the structure of economic interaction. The relationship involves not only trade but also the formation of a stable investment presence. By the end of 2025, more than 2,100 enterprises with Turkish capital participation were operating in the country a testament to the establishment of a sustainable Turkish business ecosystem in Uzbekistan and one of the highest figures among Uzbekistan's foreign partners. The dynamics of direct investment from Türkiye clearly confirm the progressive strengthening of this area of cooperation: USD 2.2 billion was invested in Uzbekistan in 2024, and USD 2.9 billion during January–October 2025.
The parties are conducting systematic work to expand economic cooperation. In particular, during the 4th meeting of the Joint Strategic Planning Group held on January 21, 2026, progress was noted in implementing the Action Plan of the 8th meeting of the Joint Economic Commission (JEC). The key role of the JEC as an effective mechanism for developing practical trade and economic cooperation between Uzbekistan and Türkiye was emphasized.
For Uzbekistan, cooperation with Türkiye is valuable in that Turkish businesses bring not only capital but also managerial expertise, technologies, and production culture. For Türkiye, the Uzbek market is attractive as a dynamically developing economy with a population exceeding 38 million and growing domestic demand. In this sense, interaction increasingly takes on the character of mutual complementarity.
One of the notable trends of 2025 was the development of transport connectivity between the two countries, primarily in the aviation sector. The number of weekly flights reached 97, with routes expanding to 8 destinations. The broadening of geography and frequency of direct flights between Tashkent, Samarkand, Namangan, Andijan, Ankara, Istanbul, and Izmir promotes growth in business mobility, tourist flows, and humanitarian contacts. The launch of new routes by both national and private carriers became an important practical step toward further rapprochement.
The increase in flight numbers offers not only passenger convenience but also broader economic effects. It facilitates contacts between entrepreneurs, simplifies participation in exhibitions and negotiations, and makes accompanying joint projects more accessible. Prospectively, this also creates prerequisites for developing air cargo transportation, which could further strengthen trade and economic ties.
Energy cooperation also demonstrates positive dynamics. Turkish companies are actively participating in modernizing Uzbekistan's energy infrastructure, including projects for developing renewable energy sources.
Particular emphasis must be placed on the special role of cultural and humanitarian interaction in developing bilateral relations. Common historical, cultural, and linguistic roots create a favorable foundation for expanding cooperation in education, science, culture, and tourism. Branches of leading Turkish universities operate in Uzbekistan, joint educational programs are implemented, and student and faculty exchanges take place.
Tourist exchange between the two countries shows sustained growth. By the end of 2025, Türkiye entered the top five countries by number of tourists visiting Uzbekistan. In turn, Türkiye remains one of the most popular tourist destinations for Uzbek citizens. Development of tourism ties contributes to strengthening intercultural dialogue and people-to-people diplomacy.
These figures reflect not only the attractiveness of the Turkish tourism market but also the general expansion of population mobility. In the long term, it is precisely cultural and humanitarian ties that form the solid social foundation of bilateral partnership.
Analysis of 2025 dynamics allows identification of several directions that could become key to further deepening Uzbek-Turkish partnership:
First, development of industrial cooperation. The existing network of joint enterprises could become the basis for more complex projects oriented not only toward the domestic market but also toward exports to third countries. Such an approach corresponds to the strategic objectives of both economies.
Second, transport, logistics, and infrastructure. Expansion of air connectivity is an important step, but the potential for cooperation in this sphere is significantly broader and includes development of multimodal transportation, warehousing infrastructure, and digital trade solutions.
Third, services and human capital. Türkiye possesses considerable expertise in tourism, medicine, construction, and education. For Uzbekistan, interaction in these areas opens opportunities not only for adopting experience but also for jointly entering regional markets.
Uzbek-Turkish relations are developing on a positive and constructive basis, confirming the maturity and stability of bilateral interaction. The parties demonstrate readiness for dialogue, pragmatism, and a commitment to considering mutual interests. The growing number of joint enterprises, expanding transport links, increasing tourist flows, and stable political dialogue form a solid foundation for further development of cooperation.
Alisher Kadirov,
Head of Department of the Institute of Strategic and Regional Studies under the President of the Republic of Uzbekistan