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

History of visits

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

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

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

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

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

Mutual trade indicators

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

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

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

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

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

Investment cooperation

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

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

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

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

CERR Public relations and media sector

In 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

The Resolution signed by the President of Uzbekistan “On measures to introduce a system of continuous improvement of knowledge of the population and civil servants in the fight against corruption” caused an interested discussion in the international expert community.

Alexander Klishin, adviser at the UN Office of Rule of Law and Security Institutions:

– This initiative marks a significant step in the fight against corruption not only for Uzbekistan, but also on the international arena. The Virtual Anti-Corruption Academy is a leading initiative of the President of Uzbekistan Shavkat Mirziyoyev, aimed at introducing a system of continuous improvement of knowledge among the population and civil servants in the fight against corruption.

The initiative is perfectly aligned with global efforts to promote integrity, transparency and accountability across all sectors of the economy. Uzbekistan has once again reaffirmed its commitment to building a society free of corruption, where integrity, transparency and accountability are the cornerstones of public administration. The Anti-Corruption Virtual Academy fully embodies these values and serves as a commendable example for other countries.

Anas Fayyad Qarman, UNDP Resident Representative a.i. in Uzbekistan:

– We are pleased to know the adoption of the Resolution of the President of Uzbekistan regarding the Virtual Anti-Corruption Academy. We view this measure as an important step towards further strengthening the anti-corruption ecosystem.

We have been cooperating with the Anti-Corruption Agency in various areas a long while, including the development of a compliance control system in government agencies and organizations. We are also jointly developing various digital solutions to combat corruption in the public sector. In my opinion, a distinctive feature of a new Academy is its availability to both civil servants and ordinary citizens.

Antti Karttunen, Head of OSCE Project Coordinator in Uzbekistan:

– The initiative of the President of Uzbekistan to create a Virtual Anti-Corruption Academy is a time requirement and will help find answers to many questions related to this area.

Like the Law ‘On Conflict of Interest’ recently signed by the President, it is another important step in the fight against corruption in Uzbekistan.

We look forward to continuing to support the improvement of legislation in the field of combating corruption, as well as to improve the qualification of employees of government bodies and organizations through the Virtual Academy and support all other efforts of Uzbekistan in this area.

Tuija Brax, Director of the Rule of Law Center, former Minister of Justice (Finland):

– It is my great honor to express a few words about the new Virtual Anti-Corruption Academy in Uzbekistan. We have been cooperating with the Anti-Corruption Agency of Uzbekistan for several years now, and I was greatly impressed by the initiatives of President Shavkat Mirziyoyev to combat corruption in the country, measures to improve legislation in this area and efforts to raise public awareness. The new Virtual Academy is a unique opportunity to raise awareness, develop special courses for different target groups, and also attract young people to study this field, since ultimately it is about the future of Uzbekistan.

Quentin Reed, Professor of Oxford University, INGO Regional Dialogue’s Anti-Corruption Specialist (United Kingdom):

– I am happy to hear about the President signing the Resolution, which provides for the establishment of the Virtual Anti-Corruption Academy. International NGO Regional Dialogue and the Anti-Corruption Agency have been cooperating for several years in developing preventive anti-corruption measures in Uzbekistan. We express our readiness to provide full-fledged support in the development of educational modules and programs within the Virtual Academy, as awareness-raising, education and training are key tools in the prevention of corruption. Appropriate anti-corruption system cannot be established without them. This is particularly important for public servants, especially those in vulnerable situations, but I would also pay particular attention to citizens.

Nuripa Mukanova, Secretary General, the Anti-Corruption Business Council under the President of Kyrgyzstan:

– My congratulations to the people of Uzbekistan and the Anti-Corruption Agency on the establishment of the Virtual Anti-Corruption Academy. The opening of this Academy is important for both Uzbekistan and the countries of Central Asia. This is a very important anti-corruption measure and platform for increasing the capacity of all those directly involved in anti-corruption issues, as well as those who want to increase their capacity, knowledge and skills in the field of combating and preventing corruption. This platform will also allow young people who study and then enter public service to improve their anti-corruption skills.

Dunyo IA

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

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

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

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

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

Economic Activity in Large and Medium-Sized Cities

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

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

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

Economic Activity in Small and Medium-Sized Cities

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

Economic Activity at the District Level

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

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

Expansion of Territories with High Economic Activity

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

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

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

Conclusion

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

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

Abdulaziz Gaybullayev, CERR

CERR Public Relations Sector

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

The globalization of today’s economy, together with the current geopolitical and geo-economic situation in the world, is shaping economic cooperation between states not only on the basis of geographical proximity, but also through the convergence of mutual interests.

Uzbekistan’s independent and balanced foreign policy is contributing to a steady annual increase in the number of its partner countries. While preserving cooperation with its immediate neighbours, this multifaceted foreign policy primarily serves to strengthen mutually beneficial relations with countries in different regions of the world. In particular, Uzbekistan’s relations with the Balkan states have developed across various fields in recent years. Cooperation with Serbia deserves special mention in this regard.

Diplomatic relations between Uzbekistan and Serbia were established on 18 January 1995. Since then, cooperation between the two countries has developed steadily at various levels. Although the pace of bilateral cooperation was relatively modest in certain years, Uzbekistan’s increasingly proactive foreign policy and its reforms aimed at diversifying international relations have significantly strengthened Uzbek–Serbian relations in recent years.

Over the past three to four years, mutually beneficial cooperation and political and economic dialogue between official Tashkent and Belgrade have reached a qualitatively new level. Exchanges between the two heads of state have consequently become important milestones in bilateral relations. In particular, the meeting between President of Uzbekistan Shavkat Mirziyoyev and President of Serbia Aleksandar Vučić, held on 20 August 2023 on the sidelines of the World Athletics Championships in Budapest, gave fresh impetus to cooperation between the two countries. The two leaders held their next meeting in Beijing on 3 September 2025. These meetings reaffirmed the parties’ interest in further expanding cooperation, particularly in trade, investment, industry, mechanical engineering, pharmaceuticals, agriculture, information technology, artificial intelligence, tourism, education and transport, as well as in intensifying interstate dialogue.

The fundamental principles of Uzbekistan’s foreign policy include, first and foremost, adherence to international law and the Charter of the United Nations, respect for state sovereignty and the inviolability of borders, friendship and mutually beneficial cooperation, non-interference in internal affairs, and the peaceful settlement of international disputes. From this perspective, the foreign ministries of the two countries are also conducting consultations on an equal footing and implementing measures aimed at advancing bilateral cooperation.

In August 2017, the Political Director of the Serbian Ministry of Foreign Affairs and the President’s Special Envoy for Kosovo, Zoran Vujić, visited Tashkent. During the visit, prospects for political dialogue and cooperation with international organizations such as the United Nations, the OSCE and UNESCO were discussed with his participation.

In 2021, political consultations were held in Tashkent with the participation of Serbian Ministry of Foreign Affairs State Secretary Nemanja Starović. On 9 October 2025, the second round of political consultations between the foreign ministries of Uzbekistan and Serbia was held by videoconference.

The signing in 2022 of the Protocol on Cooperation and Interministerial Consultations between the two countries’ foreign ministries marked the beginning of a new period in Uzbek–Serbian relations. The document established a legal basis for the parties’ strategic plans to hold regular consultations, broaden cultural and humanitarian dialogue, and strengthen political cooperation in order to further develop relations between the two states.

In September 2025, the foreign ministers of the two countries met on the sidelines of the United Nations General Assembly in New York. These engagements represented an important step towards establishing a new architecture of dialogue at various levels between Tashkent and Belgrade. As a result of these efforts, Uzbekistan appointed its first ambassador to Serbia in 2025, marking another important milestone in the further development of bilateral relations.

Although trade and economic cooperation between Uzbekistan and Serbia currently remains modest in scale, it is important to emphasize that the area holds considerable potential. Through Serbia, Uzbekistan has the capacity to expand its relations with other Balkan countries, including Croatia, Albania, North Macedonia, Montenegro and Slovenia.

A number of measures are being developed to increase Uzbekistan’s trade with the Balkan states and to prepare extensive cooperation programmes in mechanical engineering, pharmaceuticals, agriculture, the chemical industry, information technology and digitalization, the agro-industrial sector, tourism and many other important industries.

The geopolitical and geo-economic instability witnessed worldwide in recent years has also prompted Uzbekistan to further develop international transport corridors. Uzbekistan, which has direct access to every Central Asian country, is recognized as being favourably located for expanding links between China, India, Europe and other countries. In order to capitalize on these opportunities, the country is seeking to open new transport corridors along the Central Asia–Balkans route. For Uzbekistan, the comprehensive development of trade and economic relations with the Balkan states within the framework of the Trans-Caspian Corridor is of strategic importance.

There are currently around ten enterprises with Serbian capital operating in Uzbekistan, including two joint ventures, while the remainder operate as individually owned business entities. Although bilateral trade amounts to approximately USD 12 million per year, there is substantial untapped potential for developing economic, investment and trade relations.

An examination of the priority areas, agreements and contracts identified during official negotiations and business forums held between the two countries in 2023–2026 shows that imports of industrial equipment, machinery and mechanisms from Serbia are of particular importance to Uzbekistan. Key priorities include introducing Serbian technologies into Uzbekistan, establishing joint ventures, launching the production of automotive components in the country, localizing selected manufacturing industries, and turning Uzbekistan into a production base serving not only the Central Asian market but also European markets.

For Serbia, investment projects in Uzbekistan’s agriculture, food industry, food-processing equipment, digitalization, artificial intelligence, pharmaceuticals, textiles and automotive sectors are particularly relevant. These include introducing European technologies into Uzbekistan, applying European know-how and experience across sectors and industries, and contributing to regional development. This would enable the two countries to further advance industrial cooperation and implement promising joint projects in light industry, textiles, pharmaceuticals, automotive manufacturing and agriculture.

In conclusion, although political agreements between the two countries are important, the first essential factor in translating them into tangible economic results is the launch of transport corridors, while the second essential factor is creating broad opportunities for business. To make effective use of these factors, the following steps should be taken:

First, the transport corridor between the two countries should become more than merely a “freight route”; it should provide Uzbekistan with access to European global value chains through the Balkans.

Second, alongside increasing the volume of mutual trade, serious attention should be paid to its quality. Priority should be given to exports of high value-added goods rather than raw materials, semi-finished goods or basic products.

Third, mechanisms to promote investment between the two countries should be developed. Attracting Serbian capital and technologies to Uzbekistan’s economy, while expanding the presence of Uzbek businesses in Balkan markets, would generate significant benefits for both economies.

Fourth, joint production should be introduced through the establishment of industrial cooperation between the two countries. Rather than manufacturing a product in one country and exporting it to the market of the other, combining the resources and capabilities of both states to enter third-country markets would be more economically advantageous.

Fifth, transport and logistics integration between the two countries should be established. In the future, such integration would not only reduce transport costs but also facilitate the development of new transit routes, thereby expanding trade opportunities.

Sixth, efforts to develop human capital and introduce technologies into production should be intensified. In this context, economic cooperation would extend beyond the exchange of goods and further strengthen ties among specialists, researchers, engineers and entrepreneurs.

In summary, the new economic bridge between Uzbekistan and Serbia can serve as an important pillar of economic growth for the countries of Central Asia and the Balkans. As a result, Uzbekistan will gain opportunities to develop international transport corridors, improve the efficiency of transport and logistics processes, reduce cargo delivery times by two to three times, establish a dry port, and enhance its international trade and transit potential.

Nodirbek Rasulov,

Doctor of Economics, Professor,

Project Manager at the Institute for Macroeconomic and Regional Studies

FROM A DIGITAL AGENDA TO PRACTICAL COOPERATION

Organization of Turkic States currently counts Azerbaijan, Kazakhstan, Kyrgyzstan, Turkiye and Uzbekistan among its full members, while Turkmenistan participates in observer status. The organization holds annual summits of heads of state, establishing a mechanism for reviewing results achieved and defining directions for future cooperation.

The informal OTS summit held in Turkistan on May 15^th, 2026 likewise underscored the growing importance of digital technologies within this process. At a meeting devoted to “Artificial Intelligence and Digital Development”, President Shavkat Mirziyoyev of Uzbekistan put forward initiatives on building a strategic cooperation network in artificial intelligence, advancing cloud and quantum computing technologies, and creating a unified digital space.

The head of state also proposed developing a “Digital Turkic Corridor Concept” aimed at connecting the region's data centers through high-speed communication channels, and holding a Technology Forum in Tashkent with the participation of OTS member states. These initiatives placed on the agenda the task of elevating digital infrastructure from projects pursued by individual states to the level of regional cooperation.

Seen in this light, the existing bilateral ties within the OTS space form the practical foundation of the digital agenda ahead of the Ankara summit. A distinctive feature of today's cooperation is that it is no longer limited to agreements and meetings alone, but is also taking shape at the level of companies, exports, investment, technological infrastructure and specialists.

IT EXPORTS AND CAPITAL FLOWS: THE ECONOMIC DIMENSION OF COOPERATION

Uzbekistan's digital economy ties with OTS states can also be traced through the activities of IT Park Uzbekistan.

Cooperation with Kazakhstan stands out for its particularly broad scope of indicators. As of the first half of 2026, 79 enterprises with Kazakh capital were operating as residents of IT Park Uzbekistan. Over the six-month period, these companies provided export services worth $3.1 million and created 1,409 jobs. During the same period, the number of companies exporting IT services from Uzbekistan to Kazakhstan reached 114, with export volume totaling $8.2 million and employing 2,299 people.

This cooperation is not confined to bilateral export figures alone. Since 2024, mechanisms for bringing Central Asian startups to international markets have begun taking shape within the Central Asian Innovation Hubs partnership. Through ties between Kazakhstan's Astana Hub and Uzbekistan's IT Park Uzbekistan, startups are participating in international acceleration programs, investment events and projects aimed at entering foreign markets.

Digital economy cooperation with Azerbaijan is likewise expanding steadily. According to preliminary data for the first half of 2026, the number of IT Park residents with Azerbaijani capital reached 16. These companies provided export services worth $2.6 million over six months and created 137 jobs. In turn, the number of resident companies exporting services to the Azerbaijani market reached 19, with export volume totaling $1,282,700.

Ties with Kyrgyzstan in IT and digital services are also developing at a notable pace. By the end of the first half of 2026, 28 enterprises with Kyrgyz capital were operating as IT Park residents. These companies provided export services worth $974,000 and created 255 jobs. During the same period, the number of companies exporting IT services from Uzbekistan to the Kyrgyz Republic reached 39, with export volume totaling $3.3 million and employing 1,939 people.

These figures point to a steadily strengthening economic substance within digital cooperation among the Turkic states. IT services exports, engagement with local markets, companies with foreign capital participation and new job creation are emerging as mutually reinforcing processes.

STARTUPS AND VENTURE CAPITAL: NEW MECHANISMS FOR A SHARED TECHNOLOGICAL SPACE

Another important direction of digital cooperation involves linking startup ecosystems and expanding shared opportunities for venture capital.

In 2023, representatives of the technology ecosystems of Uzbekistan, Kazakhstan and Kyrgyzstan held a dialogue titled “Central Asia's Emerging Digital Market”. The discussion advanced the idea of developing Central Asia not as a collection of separate national markets but as a unified technological space for global investors. In subsequent years, this approach has been reinforced by the emergence of regional acceleration and export mechanisms for startups.

Expanding activity of Kazakh venture funds in Uzbekistan represents one of the practical manifestations of this process. In 2025, the Big Sky Capital fund began operating in Uzbekistan, while White Hill Capital was selected among international venture funds by the IT Park Ventures fund. The parties are working to establish a co-investment structure based on equal participation.

At the informal OTS summit held in Turkistan in May 2026, the President of Uzbekistan invited OTS member states to join a joint venture fund being established by Uzbekistan and Kazakhstan to finance promising youth startups, innovative developments and AI-based solutions. This initiative reflects an approach focused on linking national startup ecosystems through shared capital, expertise and markets, rather than developing them in isolation from one another.

The first Technology Forum of the Organization of Turkic States was held in Tashkent as part of ICT Week Uzbekistan 2026, at the initiative of President Shavkat Mirziyoyev. The proposal to hold a Technology Forum in Tashkent with the participation of OTS member states had been advanced by the head of state at the informal OTS summit in Turkistan in May 2026. The forum brought together representatives of leading technology parks and innovation agencies from Uzbekistan, Azerbaijan, Kazakhstan, Kyrgyzstan and Turkiye.

Within the forum, a memorandum was signed between IT Park Uzbekistan, the Azerbaijan Innovation and Digital Development Agency, Astana Hub, the High Technology Park of the Kyrgyz Republic and Bilişim Vadisi. The document is aimed at the systematic development of cooperation among the technological and innovation ecosystems of the Turkic states.

Under the memorandum, the OTS Technology Forum will be held annually on a rotating basis in one of the member states, with the heads of technoparks and innovation organizations to meet regularly to discuss cooperation outcomes and new joint initiatives.

In addition, IT Park Ventures and Bilişim Vadisi signed a cooperation memorandum within the forum aimed at strengthening ties between the startup and investment ecosystems of Uzbekistan and Turkiye. Key areas of this cooperation include the exchange of promising startups and investment opportunities, along with the joint review of potential deals, attracting investors, and developing mechanisms to support technology companies' entry into and expansion within international markets.

DIGITAL GOVERNMENT AND TELECOMMUNICATIONS: THE INFRASTRUCTURE LAYER OF COOPERATION

Digital cooperation with the Turkic states is not confined to IT business alone. E-government, telecommunications, data exchange and state information systems are likewise becoming increasingly significant areas of engagement.

In the field of e-government, cooperation with Azerbaijan has been established between the Digital Government Projects Management Center and the “ASAN” agency. Practical assistance has also been provided to Azerbaijan's “DOST” agency in introducing an online queuing service for socially vulnerable population groups.

Ties with Kazakhstan in cross-border data exchange and digital government services are likewise advancing. Within a pilot project on data exchange in tourism launched in 2025, the legal and technical foundations for cross-border data exchange among Uzbekistan, Kazakhstan and Korea have been developed. Subsequent stages envisage extending this mechanism to other priority areas and establishing a unified platform for interstate data exchange.

Bilateral mechanisms have likewise taken shape in telecommunications. Traffic exchange through international communication channels has been established with Kazakhstan, while services related to international internet connectivity, channel leasing and international traffic exchange are being carried out with Kyrgyzstan.

In his address at the Turkistan summit, the President of Uzbekistan noted that the “E-Permit” electronic permit system had been fully launched between Uzbekistan and OTS member states, and advanced practical objectives concerning the digitalization of customs and transit procedures, the expansion of data exchange, and improved efficiency of logistics chains.

Digital transformation within the OTS framework is thus emerging not as a collection of separate technological projects, but as an infrastructural layer connecting trade, logistics, customs, government services and telecommunications processes.

TIES WITH TURKIYE AND TURKMENISTAN: OTHER AREAS OF COOPERATION

Within digital cooperation with Turkiye, professional development and workforce training occupy a distinct place. Through TIKA, various professional development programs and short-term training courses are being carried out in Uzbekistan. Proposals exist for further deepening cooperation in digital technologies, state information systems, digital healthcare and cybersecurity.

This approach places particular emphasis on human capital, a factor of central importance to the digital economy. The sustainable development of a technological ecosystem depends not only on infrastructure and investment, but equally on training qualified specialists, exchanging international experience and building new competencies.

Turkmenistan participates in the OTS in observer status. Cooperation with Uzbekistan also exists in the digital economy and telecommunications sectors. As of the end of the first quarter of 2026, three IT Park residents with Turkmen capital were operating. A contract for international telecommunications services also remains in effect between “Uztelecom” and “Turkmentexnokurilishyk” of Turkmenistan.

A PRACTICAL FOUNDATION TAKING SHAPE AHEAD OF THE ANKARA AGENDA

The current picture indicates that digital cooperation among the Turkic states is gradually evolving from a collection of individual projects into a systematic ecosystem. Within this process, ties among IT services exports, foreign capital and startups are strengthening on one hand, while infrastructural areas such as data exchange, e-government, logistics, telecommunications and cybersecurity are advancing on the other.

The initiatives put forward by Uzbekistan at the informal summit in May 2026 have likewise defined the next stage of this process. Proposals concerning a strategic cooperation network in artificial intelligence, the “Digital Turkic Corridor Concept”, holding a Technology Forum in Tashkent, expanding joint venture financing mechanisms, and cooperation in cross-border data exchange and cybersecurity are giving the digital agenda a broader, regional character.

From this standpoint, the existing bilateral experience serves as an important practical foundation for the 13th Summit of the Organization of Turkic States to be held in Ankara. Uzbekistan's digital ties with OTS states today span a wide range, from companies and export geography to startup investment, government services, data exchange and digital infrastructure.

The principal task ahead lies in developing these ties not as separate, isolated directions, but as an interconnected technological and economic space. Such a model could give rise to new markets for IT companies, capital and acceleration opportunities for startups, international experience for specialists, and new mechanisms for digital infrastructure and data exchange among states.

This is precisely what matters most ahead of the Ankara summit: digital cooperation within the OTS framework is no longer about technology alone. It is shaping the digital dimension of processes ranging from trade and investment to human capital, logistics, public administration and regional connectivity. Uzbekistan's bilateral experience accumulated in recent years remains one of the key factors defining the practical substance of this agenda.

Today, Uzbekistan and Kyrgyzstan are connected not only by a shared border and close historical and cultural ties. A common economic space is gradually emerging, built on mutual trade, industrial cooperation, joint investment, and direct ties between businesses and regions.

Over the past decade, the two countries have moved from resolving accumulated issues to implementing concrete projects. The border is becoming a link rather than a barrier, while the complementary nature of the two economies is creating new opportunities.

Drivers of Trade and Economic Cooperation

The transformation is most clearly reflected in the growth of bilateral trade. Compared with 2016, mutual trade has increased more than sevenfold. Uzbekistan’s exports have grown more than sixfold, while imports from Kyrgyzstan have increased more than ninefold. Thus, the flow of goods is expanding in both directions.

In 2025, Uzbekistan’s foreign trade turnover with Kyrgyzstan reached nearly $1.2 billion, rising by 37% year-on-year. Uzbekistan’s exports to Kyrgyzstan increased by 46.5% to $771 million, while imports reached $428 million, up nearly 23%.

The positive trend continued in 2026. In January–May, trade turnover approached $469 million, increasing by 45.5%. Uzbekistan’s exports rose by 63% to $771 million, while imports from Kyrgyzstan increased by nearly 13% to $428 million.

The structure of bilateral trade has also changed significantly in recent years. For example, while light industry products accounted for more than 50% of Uzbekistan’s exports in 2021–2022, their share declined to 19%, or $147 million, in 2025. Agricultural and food products accounted for 15%, or $112 million; machinery, equipment, and vehicles for 11%, or $87 million; and chemical products for 11%, or $81 million.

At the product level, exports are primarily composed of finished textile products, electricity, cement, mineral fertilizers, knitted fabrics, automobile bodies and components, ceramic tiles, aluminum profiles, fruit and vegetable products, and confectionery.

The quality of Uzbekistan’s export structure has also improved. The share of raw materials in exports declined from 56% in 2019 to 8.2% in 2025. Processed goods accounted for 40%, with the remainder consisting of finished products, services, and goods supplied by individuals.

Imports from Kyrgyzstan are also gaining strategic importance. In 2025, mineral and raw material products accounted for 44%, or $190 million, of imports from Kyrgyzstan. Fuel and energy products made up 26%, or $111 million, including $85 million worth of coal and lignite. Agricultural and food products accounted for 14%, or $61 million. Other significant imports included glass, natural stone, rolled metal products, tires, and packaging materials.

At the same time, considerable growth potential remains. Kyrgyzstan currently accounts for only about 1.5% of Uzbekistan’s total foreign trade turnover. This indicates that the goal set by the two countries to increase mutual trade to $2 billion by 2030 is fully achievable. However, reaching this target will require systematic efforts to diversify the range of traded goods and strengthen cooperative links that can support durable trade and investment relations.

Investment and Industrial Cooperation

Investment and industrial cooperation constitute the second major driver of economic relations between the two countries.

In 2016, only 49 enterprises with Kyrgyz capital operated in Uzbekistan. By the end of 2025, their number had reached 344, representing a sevenfold increase. As of July 1, 2026, there were already 374 such enterprises.

An important mechanism in this area is the Uzbek–Kyrgyz Development Fund, established in 2021. The fund already uses several support instruments, including investment lending, leasing, and project financing. The next stage of its development could involve expanding its portfolio and actively channeling resources into export-oriented joint ventures.

A number of joint enterprises have also been launched in recent years. These include the Kyrgyz–Uzbek Tulpar Motors automobile plant in the Chuy Region, which generates demand for metalworking, automotive components, logistics, and maintenance services.

Joint projects are also being implemented in the textile industry, household appliance manufacturing, the production of plastic and aluminum profiles, construction materials, and other sectors.

Implementation has begun on major projects such as the China–Kyrgyzstan–Uzbekistan railway and the 1.9 MW Kambarata Hydropower Plant-1.

These projects provide a solid foundation for a new structural breakthrough in bilateral relations.

Promising Areas of Cooperation

The results achieved in trade and economic cooperation, together with the rapid economic growth of Uzbekistan and Kyrgyzstan, create significant opportunities for further expanding bilateral economic relations.

One priority is to increase mutual trade, with a particular emphasis on products resulting from industrial cooperation. Achieving the target of $2 billion in bilateral trade will require more than simply increasing sales of finished goods. The two countries will need to expand trade in inputs intended for further processing as part of deeper cross-border value chains.

According to estimates by the Center for Economic Research and Reforms, Uzbekistan has the potential to increase exports to Kyrgyzstan of passenger vehicles and components, trucks, agricultural machinery, iron and steel products, finished textile products, polymer materials and finished plastic goods, electrical products and equipment, pharmaceuticals, and cement.

Kyrgyzstan, in turn, has the potential to increase supplies of mineral ores, plastic products, glass, natural stone, ceramic products, and environmentally friendly agricultural and food products.

A strategically important area of cooperation could be the transition to large-scale industrial collaboration through the creation of joint full-cycle production facilities and clusters in border regions.

In light industry, border regions produce more than 600 tons of raw cotton and have a cattle population of 4 million and a sheep and goat population of 6.4 million, providing a substantial raw material base. Proximity to China can also reduce the cost of purchasing synthetic raw materials for the industry.

Construction materials represent another promising area because their production is already one of the leading industrial sectors in the border regions. Kyrgyzstan is also experiencing a construction boom, with construction activity increasing 1.7 times in the first half of 2026, thereby generating additional demand for construction materials.

In the food industry, cooperation could focus on processing fruit and vegetables, meat and dairy products, and producing juices, jams, animal feed, and other food products.

In the mining sector, the two countries could develop joint projects for the exploration and development of mineral resources, including critical minerals and iron ore deposits. Such projects should aim to establish full production cycles, from extraction to the manufacture of finished products.

Additional potential for industrial cooperation and investment exists in electrical equipment, household appliances, pharmaceuticals, medical devices, and automotive components, including parts, batteries, tires, and plastic and metal components.

An important consideration in this area is ensuring that products are manufactured in accordance with the standards and market requirements of the Eurasian Economic Union. This would strengthen the export potential of joint projects.

As part of their industrial cooperation agenda, Uzbekistan and Kyrgyzstan should begin developing joint industrial projects along the route of the China–Kyrgyzstan–Uzbekistan railway. Logistics terminals, industrial zones, warehouses, processing centers, and freight service facilities should be established along the route. This would help create a major industrial hub in the region.

Other important areas include deeper interregional and cross-border cooperation and greater support for entrepreneurship. Promising fields include e-commerce, joint entry into third-country markets, marketplaces, startup cooperation, digital payments, tourism, and workforce training for joint enterprises.

In conclusion, Uzbekistan and Kyrgyzstan have already established a solid foundation for economic partnership. The next stage should transform quantitative growth into qualitative production integration. The two countries need to move from trading individual goods toward joint value chains, interconnected industrial cooperation networks, and a common production and logistics space.

Ruslan Abaturov,
Center for Economic Research and Reforms

On September 20-24, President of Uzbekistan Shavkat Mirziyoyev will pay a working visit to the city of New York to attend the events of the 80th jubilee session of the United Nations General Assembly.

According to the press service of the Head of our state, President of Uzbekistan will deliver a keynote address on the first day of organizing the general debate of the UN General Assembly plenary session.

It’s noteworthy that during the current jubilee session of the UNGA topical issues of ensuring global security and stability, achieving Sustainable Development Goals, reforming the system of the UN and international financial architecture, combatting the consequences of climate change and other modern challenges, will be reviewed.

On the sidelines of the summit, the Leader of Uzbekistan will hold talks with the UN Secretary-General António Guterres, heads of foreign states and governments, leaders of authoritative international financial institutions. 

In the framework of the business program in the United States, it’s planned to hold meetings and events with participation of the leading American companies and financial-investment structures. It’s planned to sign a package of new agreements and contracts.

An expert from the Institute for Strategic and Regional Studies under the President of Uzbekistan, commented to Dunyo IA on the outcomes of President Shavkat Mirziyoyev’s working visit to the United States, which took place from February 17 to 19:

- The visit of the President of Uzbekistan to the United States, which took place as part of his participation in the first meeting of the Board of Peace, was not just another diplomatic event, but a logical continuation of the strategy of pragmatic and mutually beneficial dialogue with Washington built over recent years. It demonstrated a shift from symbolic political interaction to systemic coordination in security, economics, trade, and humanitarian exchanges.

This visit marked the culmination of an intensive partnership over the past six months. Meetings on the sidelines of the UN General Assembly, the C5+1 summit, participation in events in Davos, and the signing of the Charter of the Board of Peace, as well as personal contacts between the two leaders, have fostered a stable dynamic of political dialogue. This fifth summit in six months demonstrates that relations have entered a phase of regular strategic communication, with each meeting reinforced by concrete agreements.

The visit’s busy business program confirmed its practical nature. During his stay in the United States, the head of state held talks with representatives of the American administration, financial institutions, and business circles, including the Export-Import Bank of the United States, the International Development Finance Corporation, the American-Uzbekistan Chamber of Commerce, as well as the heads of major companies such as Traxys, Valmont Industries, Gulf Oil, Aviagen, John Deere, BlackRock Financial Markets Advisory, Oppenheimer, and others. Following the signing of bilateral documents, the parties solidified agreements in priority areas such as the agro-industrial complex, critical minerals, financial market development, improving the investment climate, and the creation of an investment platform.

Discussions with the US Trade Representative and the Secretary of Commerce deserve special attention. During these talks, the need to intensify work within the framework of the Trade and Investment Framework Agreement between the countries of Central Asia and the United States was emphasized. This gave cooperation not only a bilateral but also a regional dimension, strengthening Uzbekistan’s position as a coordinator of economic processes in the region.

Viewed historically, the current stage’s foundation was laid back in 2018 during Shavkat Mirziyoyev’s first official visit to Washington, when agreements worth over $4.8 billion were signed. This package signaled Uzbekistan’s systemic openness to international businesses. In 2021, the Strategic Partnership Dialogue was established, and its subsequent expansion testifies to the institutionalization of bilateral relations. The invitation of the Uzbek leader to the G20 summit in Miami, personally initiated by US President Donald Trump, further confirmed the country’s strengthening international status and recognition of its growing role on the global agenda.

The economic dimension of cooperation is demonstrating steady growth. While trade turnover stood at $408 million in 2018, it consistently exceeded $1 billion by the end of 2024-2025. The current three-year Economic Cooperation Program, worth $35 billion, reflects the long-term nature of the parties' intentions. At the same time, the structure of interaction is undergoing a qualitative change: the emphasis is shifting from trade operations to the implementation of investment and production projects.

Today, flagship American companies such as Air Products, General Electric, General Motors, Boeing, Honeywell, and John Deere are actively operating in Uzbekistan. The $8.7 billion package of agreements signed at the C5+1 summit, including a contract for 22 Boeing aircraft, investments in the critical minerals sector, and projects in the agro-industrial sector, confirms the practical focus of the dialogue.

The transformation of the export structure is particularly revealing: services now account for approximately 86% of Uzbek exports to the US, with the IT sector remaining the key driver. Of the 800 active digital services exporters, 448 target the US market, accounting for 45% of all industry exports. This demonstrates that the partnership is gradually becoming more high-tech, moving beyond traditional commodity-based models.

The humanitarian dimension of cooperation is no less important. Academic exchange is expanding, the number of joint research projects is growing, and the integration of Uzbek specialists into international educational networks is strengthening. Currently, 40 Uzbek universities are implementing partnership programs with more than 25 US universities. Webster University’s Tashkent branch and the American University of Technology, established jointly with Arizona State University, are successfully operating. Thus, a long-term intellectual infrastructure for strategic partnership is being formed.

Overall, the current stage of relations between Uzbekistan and the United States is characterized by a transition from symbolic declarations to systemic coordination on issues of regional security, sustainable development, investment policy, and technological modernization. These achievements confirm that Uzbekistan is steadily establishing itself as a key US partner in Central Asia.

Dunyo IA

At a time when economic sectors are changing rapidly and digital technologies are penetrating every sphere of life, new challenges are emerging for education systems. Higher education must nurture a generation capable of developing ideas, making scientific discoveries and creating innovative solutions that contribute to the development of countries.

From this perspective, taking cooperation among the Turkic states in higher education, science and innovation to a new level is of particular importance. Our countries are united by a shared history, closely related cultures, spiritual values and traditions of mutual understanding.

The 13th Summit of the Organization of Turkic States, scheduled to take place in Ankara on 29–30 October this year, is also important for advancing this cooperation, strengthening mutual trust and identifying new opportunities for promising initiatives. On the eve of the summit, it is timely to reflect on the challenges facing higher education in the Turkic states, the opportunities available and the directions for future cooperation.

From a Shared History to Shared Development

The centuries-long history of the Turkic peoples is closely intertwined with the development of education, crafts, trade and cultural ties. Great thinkers, scholars and intellectuals from the Turkic world have made significant contributions to the development of world civilisation. Their scholarly legacy continues to serve as an outstanding example of the pursuit of knowledge, freedom of thought and enlightenment.

The task of today’s generation is not merely to preserve this rich heritage, but also to align it with the demands of modern development. To achieve this, it is important to expand links between educational institutions, create opportunities for young people to gain international experience, support cooperation among scholars and put research findings into practice.

Cooperation within the Organization of Turkic States can serve these objectives. Its effectiveness depends above all on clearly defining common goals, supporting them with practical programmes and consistently building on the results achieved.

In higher education, this approach covers several important areas. First, strengthening academic ties between universities can improve the quality of education and enhance research capacity. Second, exchanges of students and academic staff broaden young people’s horizons and help them acquire new knowledge and experience. Third, joint research projects make it possible to find solutions to shared challenges facing the Turkic states and to use available intellectual resources more effectively.

Most importantly, integration in education should promote mutually beneficial cooperation while taking into account each country’s national interests and distinctive characteristics.

Uzbekistan’s Path Towards a Turkic Education Space

Uzbekistan is paying particular attention to modernising higher education, expanding international cooperation and strengthening the integration of science and industry. Key priorities include aligning educational programmes with international requirements, training specialists in partnership with foreign universities, developing research activities and building modern infrastructure.

One initiative in this direction is the establishment of the International University of Turkic States. Established in Tashkent in accordance with Resolution No. PP–24 of the President of the Republic of Uzbekistan, dated 24 January 2025, “On Measures to Establish the International University of Turkic States”, the university is intended to expand multifaceted cooperation among the Turkic states in higher education, science, innovation and technology.

The university’s main objective is to train highly qualified and competitive specialists who meet the needs of the modern economy and international educational standards, as well as to develop joint academic and research projects.

In our view, the university’s significance goes beyond the establishment of a new educational institution. It creates new opportunities to bring together the scientific and intellectual potential of the Turkic states, strengthen practical links between their education systems and introduce international experience into the national educational environment.

In developing the university’s activities, particular attention is being paid to achieving practical outcomes from cooperation. These efforts include aligning educational programmes with partner universities, engaging foreign lecturers in the teaching process, establishing modern laboratories and organising students’ industrial placements through international cooperation.

This approach will help transform the university from a conventional educational institution into a modern academic environment that connects education, research and industry.

International Cooperation: Quality Education and New Opportunities

Cooperation with leading higher education institutions in Türkiye, Azerbaijan and Kazakhstan plays an important role in the work of the International University of Turkic States. This cooperation aims to develop academic fields, improve curricula, draw on the experience of academic staff and create new academic opportunities for students.

In the 2025/2026 academic year, specialist training began in five fields in cooperation with Turkish universities: medicine, computer engineering, electrical engineering, agricultural mechanisation and food technology.

Cooperation in these fields is being carried out with Hacettepe University, Middle East Technical University (METU), Istanbul Technical University (ITU) and Ege University in Türkiye.

The selected fields correspond to key needs of the modern economy. Training qualified medical professionals is essential for protecting public health and improving the quality of healthcare services. Computer and electrical engineering are key areas for the digital economy, industrial automation and the adoption of new technologies. Knowledge in agricultural mechanisation and food technology is directly linked to improving the efficiency of the agricultural sector, ensuring food security and using resources responsibly.

In the 2026/2027 academic year, the scope of cooperation is being expanded through new fields developed with universities in Azerbaijan and Kazakhstan. Five additional programmes are planned in petroleum and gas engineering, chemical engineering, the technology and engineering of geological exploration, telecommunications technologies, and international and comparative law.

Cooperation in this area involves the Azerbaijan State Oil and Industry University, Azerbaijan Technical University and Al-Farabi Kazakh National University.

Thus, the cooperation programmes planned for two academic years are expected to cover ten fields of study. This demonstrates the university’s commitment to bringing together the experience of different countries within a shared academic environment.

An important feature of this cooperation is that it goes beyond increasing the number of academic fields. It also involves aligning curricula and course syllabuses with international requirements, engaging foreign specialists in teaching, using digital learning resources and enabling students to take part in international placements.

These mechanisms lay the groundwork for updating educational content, reinforcing theoretical knowledge with practical skills and improving graduates’ competitiveness in the labour market.

Modern Infrastructure — The Foundation of Quality Education

The effectiveness of international cooperation is measured above all by how it is reflected in the educational process. This requires qualified educators, up-to-date curricula, research laboratories and infrastructure designed to develop students’ practical skills.

Practical work is under way in these areas at the International University of Turkic States. In March 2026, a clinical simulation and practical skills centre began operating for medical students. Equipped in line with the curricula and clinical standards of Hacettepe University, the centre enables students to practise emergency medical care, preliminary diagnosis and treatment procedures using modern simulators and robotic devices.

Such centres help ensure a close connection between theory and practice in the professional training of future doctors. Before entering a real clinical environment, students can strengthen their knowledge and skills by simulating a range of situations.

Modern computer laboratories and software platforms meeting current requirements have also been established in engineering and programming fields. Work to develop laboratory facilities for petroleum and gas, chemical and electrical engineering is continuing.

In addition, student accommodation, an information and resource centre, and co-working spaces have been provided for students and visiting international lecturers. These facilities are intended to create a comfortable environment for learning, independent research and teamwork on joint projects.

The launch of a digital learning platform at the university is another important step. It brings class schedules, learning materials, assessment processes and academic monitoring together in a single digital environment.

Today, digitalisation is not merely the introduction of technical tools; it is also a means of changing the culture of educational management, using data effectively and increasing transparency in the learning process.

Integrating Science and Industry

The potential of a modern higher education institution is determined not only by the knowledge delivered in classrooms, but also by its research, links with industry and ability to solve practical problems.

Demand for new technological solutions is growing across many sectors of the economy. The effective use of scientific advances in energy, the chemical industry, agriculture, telecommunications, medicine and information technology has become an important condition for competitiveness.

For this reason, cooperation among universities in the Turkic states should be strengthened through joint research, shared laboratories and the practical application of scientific developments. Bringing together each country’s research traditions, specialist expertise and existing infrastructure can lead to more substantial results.

The International University of Turkic States also faces the task of strengthening integration among education, fundamental science and enterprises in the real economy. Establishing targeted cooperation with economic sectors is important for improving students’ practical training, advancing research and helping graduates find employment.

In this regard, it is important to study employers’ workforce needs in advance, adapt educational programmes to those needs, organise industrial placements systematically and involve students in research projects.

Another promising area of scientific cooperation is artificial intelligence and digital innovation. Establishing joint centres of expertise in big data analytics, cybersecurity, digital governance and the use of intelligent systems could open up new opportunities for the Turkic states.

Issues such as climate change, the responsible use of water resources, food security and the development of renewable energy sources also require joint research by scholars from our countries. Many of these challenges transcend national borders. As a result, regional scientific cooperation is becoming increasingly important in finding solutions.

A Common Academic Space: New Opportunities for Students and Scholars

Academic mobility plays a particularly important role in deepening the integration of higher education among the Turkic states. Students studying in another country for a certain period, academic staff delivering lectures and researchers participating in joint projects all strengthen the exchange of knowledge and experience.

Effective academic mobility requires mutual recognition of learning outcomes, harmonised educational programmes, transparent assessment criteria and clear administrative procedures for students. These mechanisms make it easier for learners to continue their studies in another country on the basis of the knowledge they have acquired at home.

In this regard, promising priorities include developing academic mobility programmes among the Turkic states, expanding access to grants and scholarships, and increasing the number of joint degree programmes.

Joint degree programmes allow students to benefit from the academic experience of two countries. However, their success depends on carefully addressing issues such as the compatibility of educational content, quality assurance and recognition of graduates’ qualifications.

The International University of Turkic States is also focusing on aligning curricula with partner universities, involving foreign professors and organising student placements at partner institutions in Türkiye, Azerbaijan and Kazakhstan.

Going forward, expanding this experience, increasing exchange opportunities for students and young researchers, and supporting joint research projects could take educational ties among the Turkic states to a new level.

Another important priority is supporting young scholars and start-up initiatives. Research competitions, innovation projects and start-up accelerators that bring together students and researchers from different countries can help generate new ideas and turn them into practical solutions.

A Shared Goal: An Educated Generation and Sustainable Development

Today, the Turkic states face serious challenges alongside significant opportunities. Changes in the global economy, technological competition, environmental problems and new labour-market demands require education systems to be continually renewed.

In these circumstances, the greatest asset of our countries is human capital. Young people’s access to quality education, acquisition of modern professional skills, independent thinking and ability to generate new ideas will shape the future of our states.

Therefore, cooperation in higher education should not be viewed merely as a way to meet today’s demand for skilled workers. It is a strategic direction aimed at long-term development, strengthening scientific capacity and creating new opportunities for future generations.

Further developing cooperation within the Organization of Turkic States can strengthen ties between our universities, expand joint research and create conditions for young people to demonstrate their potential in an international academic environment.

The International University of Turkic States also serves these objectives. Cooperation with leading universities in Türkiye, Azerbaijan and Kazakhstan, educational programmes aligned with international requirements, modern laboratories and academic mobility opportunities are practical steps towards achieving them.

We are confident that the consistent development of mutually beneficial cooperation in education and science will further strengthen the intellectual potential of the Turkic states. This is important not only for our universities, but also for the innovative development of the entire region, its economic competitiveness and a sustainable future.

If our shared history brought us together in the past, shared knowledge, scientific research and worthy goals will bring our futures even closer. The new opportunities for higher education in the Turkic states lie precisely in this vision: enriching our common heritage with modern knowledge, uniting our intellectual potential and working together for shared development.

Bahodir Turaev,
Acting Rector of the International University of Turkic States

The "Uzbekistan 2030" strategy aims to increase the country's gross domestic product to $160 billion and per capita income to $4,000. Achieving this goal solely through the domestic market is not possible; therefore, it is crucial to actively attract foreign investments and increase exports.
The Tashkent International Investment Forum plays a significant role in this effort. In May 2024, the third edition of the forum took place in Tashkent, becoming a significant event for the economy of Uzbekistan and the international investment community. The main objective of the forum was to enhance the inflow of foreign investments and promote economic cooperation between Uzbekistan and other countries.
The forum attracted business representatives, investors, government officials, and international organizations, facilitating dialogue and the signing of major investment agreements. In recent years, Uzbekistan has demonstrated significant growth in attracting investments, and the forum has been an important step in this direction.
In his welcoming speech, the head of state noted that Uzbekistan has attracted over $60 billion in foreign investments in recent years, with approximately $14 billion coming from international financial institutions. These investments have been directed towards social and infrastructure sectors.
The forum has gained incredible popularity, with over 2,500 participants from 93 countries, providing a platform for global dialogue and exchange of investment experiences.
It is important to highlight that the forum garnered attention from international media, with coverage from more than 110 foreign publications in 30 countries, including leading global media outlets such as CNN, Euronews, London Post, and Associated Press.
One of the key events of the forum was the presentation of regional energy projects (the construction of Kambarata-1 HPP and Yavan HPP) to foreign investors. The presentation involved the Prime Ministers of the Republic of Uzbekistan and the Kyrgyz Republic, emphasizing the importance of these projects for the entire region.
As a result of the Tashkent International Investment Forum, agreements were signed totaling $26.6 billion, indicating the high investment attractiveness of Uzbekistan and the success of the forum. For comparison, in 2022, 167 documents were signed at the forum, amounting to $11 billion, demonstrating a significant increase in investment interest in the country.
Specifically, agreements were reached on the implementation of the following major investment projects:
- Saudi Arabian company "Data Volt" will be involved in the construction of urban infrastructure in "New Tashkent" for $1 billion and will establish a "data processing center" based on green technologies for $3 billion.
- Saudi Arabian company "ACWA Power" will implement projects for the construction of a 5 GW wind power plant in the Republic of Karakalpakstan and the creation of 2 GW energy storage devices, with a total investment of $6.2 billion.
- UAE company "Amea Power" will carry out a project to build a 1000 MW wind power plant in the Republic of Karakalpakstan for $1.1 billion.
- "Saudi Tabrid" will undertake the modernization of the heating systems in Nukus, Fergana, and Kuvasay for $750 million.
- Egyptian company "Nile Sugar" will engage in sugar beet cultivation and sugar production in the Jizzakh region for $500 million.
- Chinese company "Shanghai Knud International" will implement a project for the production of textile and sewing products in the Namangan region for $205 million.
- "Wilmar International" (Singapore) will produce food products and confectionery in the Tashkent region for $200 million.
Additionally, agreements were reached with several major global companies, such as "Orascom Investment" (Egypt), "Bonafarm Grup" (Hungary), "Sayar" (USA), "Goldwind," "Sinoma" (China), "Sam Yapi" (Türkiye), "Pasha Development" (Azerbaijan), "Lasselsberger" (Austria), and "Petrosat Chexelsoton" (Iran), for the implementation of new investment projects totaling $6.6 billion.
The event included a rich program of panel sessions, discussions, business breakfasts, and roundtable discussions, focusing on key aspects of economic development. The central theme revolved around the role of the state, investors, and entrepreneurs in supporting small and medium-sized businesses.
During the session on combating corruption, experts emphasized that effective anti-corruption measures are crucial for improving the investment climate. They highlighted that creating a safe and transparent business environment plays a vital role in this process.
"The successful fight against corruption requires a comprehensive approach, including strengthening legislation and increasing the transparency of government actions," stated Akmal Burkhanov, Director of the Anti-Corruption Agency of the Republic of Uzbekistan.
The session on retail trade identified the main challenges and opportunities in the industry. Participants expressed the need for improving tax legislation and simplifying import procedures. They also emphasized the importance of creating conditions for successful adaptation of new brands in the market.
"Thanks to the resolution on reducing customs duties, we have managed to establish fair prices, as in the UK and Kazakhstan," shared Ilya Lyapustin, Sales and Marketing Director of "Tashkent City Mall."
During the business breakfast dedicated to women entrepreneurship, the significant impact of women entrepreneurs on society was emphasized. Speakers presented inspiring examples and strategies for achieving a balance between profitability and social responsibility.
Special attention was given to attracting foreign investments through residency programs.
"In recent years, Uzbekistan has proven itself as an attractive destination for global investors due to its openness to cooperation and prospects in the real estate sector," stated Akram Mukhamatkulov, representative of Henley & Partners.
The roundtable discussion on "Supply Chains and Resilience: Finding Balance in Uncertain Times" addressed the problems and strategies for ensuring the resilience of global supply chains.
"Turkey and Uzbekistan have a strategic partnership, and we can significantly strengthen cooperation by working together," noted Deputy Minister of Trade of Turkey, Sezai Ucharmak.
Experts also emphasized the importance of integrating digital technologies into investment strategies. They highlighted that digitization is not just the future but already a reality, playing a key role in accelerating investment processes and increasing transparency.
The pitch session "IT-PARK Uzbekistan: New Perspectives for Development" presented plans to transform Uzbekistan into a regional hub for information technology by 2030.
Sherzod Shermatov, Minister of Digital Technologies of Uzbekistan, highlighted the significance of recent investments. "Yesterday, we witnessed an important event - the start of the construction of the $5 billion green data center, Data Volt, a major project of direct foreign investment. We are creating a favorable environment for IT companies and launching the 'Zero Risk' program to cover all risks associated with opening and operating offices in Uzbekistan," he noted.
The roundtable discussion on "Connectivity: Reviving the Great Silk Road" brought together international experts and representatives of government bodies to explore opportunities for expanding connections, economic cooperation, and cultural exchange along the ancient Silk Road routes.
The roundtable discussion on "Integrated Urban Planning: Quality Investments, Environmental and Human Comfort" involved leading urban planners, architects, and business representatives discussing approaches to the development of the city of Tashkent. In particular, Vladislav Butenko, Managing Director and Senior Partner at BCG, emphasized the importance of integrating innovative solutions into urban planning to achieve sustainable city development. He stressed the need to consider both economic and social aspects in comprehensive planning, ensuring a balance between them.
The forum played a significant role in attracting investments for various ministries and regions of Uzbekistan. The signed agreements indicate the development of key sectors such as industry, energy, pharmaceuticals, and automotive manufacturing.
One of the major achievements of the forum was the agreement between the Ministry of Digital Technologies, the Ministry of Energy, and IT company Data Volt on the construction of a data center based on green technologies. Experts highlighted the importance of such projects for Uzbekistan. The signing ceremony was attended by Laziz Kudratov, Minister of Investment, Industry, and Trade, and Rajit Nanda, Director of Data Volt.
The third Tashkent International Investment Forum has concluded, but the planned initiatives and signed agreements promise active work in attracting investments and ensuring sustainable development. Uzbekistan has once again confirmed its role as a strategic partner on the international stage, attracting the attention of global investors and contributing to the economic growth of the region.

Tengiz Asanov,
Deputy Head of the Department of the Ministry of Investment, Industry and Trade of Uzbekistan