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

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

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

Investment: A Focus on Trust and Long-Term Capital

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

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

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

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

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

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

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

Industry: Transitioning to a More Sophisticated Economy

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

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

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

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

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

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

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

Trade: Connectivity as a Driver of Competitiveness

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

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

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

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

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

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

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

WTO: Rules, Trust and Market Access

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

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

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

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

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

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

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

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

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

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

Strategic Priorities for Growth: Capital, Technology and Exports

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

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

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

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

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

Uzbekistan and the G20: Shared Priorities, Practical Outcomes

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

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

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

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

Today, civil society institutions, particularly non-governmental non-profit organizations (NGOs), play an active role in Uzbekistan's development and the implementation of the “Uzbekistan – 2030” strategy. It is impossible to build a new Uzbekistan without organizing the activities of NGOs, the most important institution of civil society, according to democratic principles. On this basis, effective work is being done to support NGOs and civil society institutions, strengthen social partnerships with state bodies, implement effective public oversight, and improve the legal framework governing this area.

As a result of the measures implemented, the legal and regulatory framework has been improved to provide legal guarantees for NGOs while also meeting modern democratic requirements and international standards. The laws "On non-governmental non-profit organizations," "On guarantees for the activities of non-governmental non-profit organizations," and "On public oversight," as well as the Presidential Decree "On approval of the civil society development concept for the period 2021-2025" and a number of Governmental decrees, have all been adopted.

The civil society development concept for the period 2021-2025 aims to increase state support for civil society institutions in the form of subsidies, grants, and social orders by 1.8 times, as well as increase the volume of allocated funds to 70 billion soums by 2025.

A number of goals, objectives, and indicators related to the further development of civil society are set out in conceptually significant documents such as the Strategy for Action, the Development Strategy of New Uzbekistan for 2022-2026, and the "Uzbekistan - 2030" Strategy. Upon that basis, it is worth noting that the State programmes adopted annually include provisions for further strengthening the activities of civil society institutions and NGOs.

The chapter titled "Civil society institutions" and the term itself were included for the first time in the new version of the Constitution adopted through a referendum in 2023.

It should be mentioned that the President of Uzbekistan prioritizes civil society institutions and NGOs in his publications, speeches, and reports. Shavkat Mirziyoyev's book titled "Strategy of New Uzbekistan" includes a separate paragraph titled "Free and Open Civil Society" and it includes comments on priority areas for civil society development as well as proposals for implementing a number of tasks based on a thorough examination of relevant national legislation, law enforcement practice, and best foreign experience.

According to the figures, there were only 95 NGOs operating in the country on January 1, 1991; by January 1, 2000, there were 2,585, by January 1, 2016, there were 8,417, and by January 1, 2024, there were over 9,000. These NGOs are critical in protecting individuals' and legal entities' rights and legitimate interests, as well as democratic values and the achievement of social, cultural, and educational objectives. 

It is also important to note the dynamic growth of support and financial sustainability provided by NGOs. In particular, 513.8 billion soums were allocated from the state budget to support 2,074 NGOs and other civil society institutions between 2017 and 2023. If 12.3 billion soums were allocated in 2017, the figure was 226.4 billion in 2023. It is planned to allocate 1.8 trillion soums in 2024.

Furthermore, the scope of state support for civil society institutions has been broadened, and public funds to support civil society institutions have been established through the local Councils (Kengash) of People's Deputies. The legal basis for allocating funds from the local budget to support civil society institutions in the regions has been strengthened, and social projects are funded through these channels.

It should be acknowledged that favourable conditions are one of the most important factors in the effective operation of non-governmental organizations. In 14 regions of our republic, "Houses of non-governmental non-profit organizations" have been established, housing approximately 500 NGOs and providing them with the necessary office equipment, furniture, items, equipment, and other tools. As a result, the NGOs' problems with the building were resolved, and their socially beneficial activities were resumed. In particular, newly established NGOs carrying out their activities in socially significant spheres were accommodated in these buildings under the right of free use.

To regularly improve the knowledge and skills of NGOs' managers based on the best foreign experience, the Academy of Public Administration under the President of the Republic of Uzbekistan organizes training courses on a special 72-hour training programme. To date, 367 NGO leaders and managers have attended advanced training courses. These advanced training courses are expected to train 134 NGO managers by 2024.

It should be noted that NGOs express proposals and initiatives to improve State programs and legislation in their field, as well as carry out public control measures over the implementation of Regional socioeconomic development programmes and State programmes.

As mentioned above, the 83rd goal of the “Uzbekistan – 2030” strategy prioritizes the expansion of free civil society and media activities, transforming Uzbekistan into a hub for civil society development. It specifically highlights the tasks of increasing the number of projects implemented within the framework of social partnership by at least threefold and increasing the number of NGOs participating in government programs to at least 80.

To summarize, civil society institutions and NGOs are genuine supporters of state bodies and organizations in the process of reforms, sociopolitical and socioeconomic changes, achievement of strategic goals, and serving as a social bridge between society and government.

Anvarjon Mirkomilov,

Head of Department,

Development Strategy Center

TASHKENT, July 28. /Dunyo IA/. Uzbekistan took 1st place in the ranking of the safest countries in the world "Safety Perception Index 2023", which includes 121 countries, reports Dunyo IA correspondent.

According to Uzbektourism, the rating indicates that the level of danger to the life and movement of citizens in Uzbekistan is minimal.

The five safest countries also included the United Arab Emirates, Saudi Arabia, Norway and Estonia.

Of the Central Asian countries, Kazakhstan took 14th place, Tajikistan – 17th, Kyrgyzstan – 26th.

Guinea, Sierra Leone and Mali took the lowest place in the rating.

The "Safety Perception Index" focuses on five factors: food and water, violent crime, adverse weather conditions, mental health and safety in work settings. These factors serve as an important basis for the formation of an image that will become the basis for the security rating of countries.

The fact that Uzbekistan is in first place in this ranking creates the basis for the unhindered arrival and departure of foreign tourists to our country.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

This year, the Shanghai Cooperation Organization (SCO) is celebrating its 25th anniversary. Over the past quarter-century, it has undergone a profound institutional transformation – from a mechanism for building cross-border trust within the “Shanghai Five” format to one of the most influential platforms for multilateral cooperation in Eurasia.

Over these years, the SCO has significantly expanded its membership. While in 2001 it was founded by six states (China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan), today the Organization brings together 10 member states, 15 dialogue partners, and 2 observer states.

At the same time, interest in the Organization’s activities continues to grow steadily. According to SCO Secretary-General Nurlan Yermekbayev, approximately 20 countries have expressed interest in joining the structure in one capacity or another.

Uzbekistan, as one of the founding members of the SCO, makes a significant practical contribution to its activities. The country has held the SCO chairmanship four times and successfully hosted the SCO Heads of State Summits in Tashkent (2004, 2010, and 2016) and Samarkand (2022).

At the present stage, Uzbekistan actively participates in shaping the Organization’s current agenda, focusing on security issues, trade and economic cooperation, industrial and technological partnership, cultural and humanitarian ties, and regional connectivity.

Economy and Transport Connectivity

Economic cooperation is one of the key areas of Uzbekistan’s participation in the SCO. For Tashkent, the Organization is of practical interest primarily as an effective platform for expanding trade, attracting investment, developing industrial cooperation, and establishing reliable transport and logistics links.

Uzbekistan’s trade ties with SCO member states have already reached a significant scale. In 2025, the country’s foreign trade turnover amounted to $81.2 billion, an increase of 20.7% over the previous year. China, Russia, and Kazakhstan remain Uzbekistan’s largest trading partners, accounting for around 43% of the country’s total foreign trade turnover.

The SCO’s economic potential is constrained by differences in customs procedures, technical standards, and market-access rules. To remove these barriers, Uzbekistan is calling for the signing of a Trade Facilitation Agreement, the harmonization of customs and technical standards to launch “green corridors,” the development of cross-border e-commerce, the wider use of national currencies in settlements, and the creation of investment mechanisms to provide independent financing for joint projects.

Uzbekistan’s strategic goal is to transition from simple trade to deep industrial cooperation, the production of high-value-added goods, and the integration of national enterprises into global value chains. Significant opportunities in this regard are opened up by cooperation in the energy sector, digitalization, green technologies, and the processing of critical minerals.

A practical continuation of this approach was the initiatives put forward by Uzbekistan at the SCO Summit in Tianjin. These include the establishment of a Regional Centre for Critical Materials and the SCO Energy Consortium, the development of venture mechanisms to support innovative projects, and the formation of a unified electronic portal for direct business contacts and investment attraction.

The deepening of trade and industrial cooperation is directly linked to the development of transport infrastructure. For Uzbekistan, as a landlocked country, expanding the geography of routes is a key condition for sustainable economic growth. The China–Kyrgyzstan–Uzbekistan railway, currently under construction, is of particular importance. In the future, its alignment with the Trans-Afghan Corridor (Termez–Mazar-i-Sharif–Kabul–Peshawar) could create a new transport route connecting China, Central Asia, and South Asia.

Tashkent also supports the concept of establishing a “Single SCO Transport Space” based on the development of new multimodal networks, the digitalization of transport, and the creation of seamless “green corridors.” Expanding access to the markets of China, Russia, the Caspian region countries, Iran, and South Asia creates additional opportunities to diversify foreign trade and strengthen regional connectivity.

Security: From Traditional Threats to a Comprehensive Approach

Alongside economic partnership, cooperation in the field of security remains a top priority for Uzbekistan within the SCO. Over the years of operation within the Organization, an effective system has been established to combat the "three evils" (terrorism, separatism, and extremism), organized crime, and drug trafficking, with the Executive Committee of the SCO Regional Anti-Terrorist Structure (RATS) in Tashkent serving as its key link.

At the same time, the expanding spectrum of challenges and threats brings new tasks to the forefront: ensuring cybersecurity, protecting critical infrastructure, countering the use of information technologies for unlawful purposes, and enhancing preparedness for environmental and technological risks.

In light of these new realities, Uzbekistan actively supports the profound modernization of SCO mechanisms. As part of the institutional reform, the Executive Committee of the RATS is being transformed into the Universal Center for Countering Security Challenges and Threats. The architecture of the updated system will be complemented by the SCO Center for Combating Organized Crime in Bishkek and the SCO Anti-Drug Center in Dushanbe, which will ensure a comprehensive and targeted response to cross-border threats.

Alongside institutional improvement, Uzbekistan promotes substantive initiatives in three main areas.

First, strengthening trust and strategic dialogue. In 2022, the Samarkand Solidarity Initiative for Common Security and Prosperity was put forward; in 2023, a proposal was made to develop the SCO Code of Good-Neighborliness, Trust, and Cross-Border Partnership; and in 2025, Tashkent initiated the adoption of the SCO Declaration on Nuclear Security.

Second, ensuring the security and resilience of the digital space. Uzbekistan advocates for deepening cooperation in cybersecurity and shaping common approaches to new technologies. The implementation of this course is reflected in a consistent chain of initiatives by Tashkent within the SCO framework.

In particular, at the Dushanbe Summit (2021), Uzbekistan put forward an initiative to establish the Expert Forum on Information Security to develop mechanisms for responding to cyber threats and exchanging experience. In 2023, the Uzbek side called for accelerating the adoption of the Agreement on Combating IT Crime and the Program for Countering Internet Extremism, and at the Tianjin Summit (2025), it proposed the creation of the International Expert Council on AI to develop unified standards for ethics, cybersecurity, and protection against deepfakes.

Third, promoting the stability and development of Afghanistan. Tashkent views this country as an integral part of Central Asia and proceeds from the need to combine security issues with the objectives of economic recovery, infrastructure development, and the integration of Kabul into regional ties.

In this regard, Uzbekistan advocates for the resumption of the work of the “SCO–Afghanistan” Contact Group, which could serve as a mechanism for coordinating efforts toward the country’s socio-economic development and its inclusion in major infrastructure projects.

Regional Cooperation: Climate, Food Security, and the Humanitarian Vector

The expanding understanding of security naturally brings to the forefront issues of climate and food resilience. For Central Asia, this agenda is of particular importance: over the past 30 years, the average temperature in the region has risen by 1.5 °C, which is twice the global average rate. According to World Bank estimates, land degradation, melting glaciers, and increasing water scarcity threaten to cause a 30% drop in agricultural yields.

In response to these challenges, Tashkent has built a consistent chain of systemic initiatives within the Organization: from the adoption of the SCO “Green Belt” Program (2019) and the creation of the Climate Council (2022) to the opening of the Center for Innovative Climate Solutions in Tashkent (2024) and the launch of the Regional Platform for Adaptation, Decarbonization, and the Use of Artificial Intelligence for Predicting Environmental Risks (2025).

The climate agenda is directly linked to food security. Here, the common task is the formation of sustainable agri-food systems. In this vein, Tashkent proposes to develop “smart” agriculture, introduce resource- and water-saving technologies, and establish agro-logistics centers and “green corridors” for the cross-border movement of agricultural products. Uzbekistan also proposes to launch the “SCO Food Security Atlas” platform to monitor agricultural potential and promote supply chain resilience.

Practical cooperation within the SCO is not limited to issues of economy, security, and climate; its long-term viability directly depends on the development of direct contacts between the societies of the member states. Uzbekistan consistently advocates for expanding humanitarian dialogue through festivals, forums, and exhibitions that popularize the rich heritage of the SCO “multinational family” and strengthen the foundation of mutual understanding and good-neighborliness.

Tourism serves as one of the practical tools for fostering closer humanitarian ties. In this field, Uzbekistan has proposed a comprehensive set of practical measures, including the launch of the “SCO Tourism and Cultural Capital” program, the creation of “SCO Silk Road” routes, and the establishment of the SCO Medical Tourism Alliance. The implementation of these initiatives helps to form a unified tourist space, attract investment in infrastructure, and stimulate job creation.

Overall, over a quarter-century of participation in the SCO, Uzbekistan has solidified its status as one of the key architects of the regional agenda, helping to transform the Organization from a platform for dialogue into an effective mechanism for practical partnership. The initiatives put forward by Tashkent are practical in nature and invariably align with the core interests of all member states.

Tashkent’s principled position is that the SCO must maintain its openness, avoid political confrontation, and remain guided by the principles of the “Shanghai Spirit.” It is precisely this course that enables the consistent transformation of the Eurasian space into a zone of long-term stability, trust, and sustainable development.

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

In October, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, will pay a state visit to the Kingdom of Belgium, during which important decisions are expected to be made that will mark a qualitatively new stage in relations between Uzbekistan and the European Union. In particular, the visit will feature the signing of the Agreement on Enhanced Partnership and Cooperation.

In recent years, Uzbekistan has been actively shaping a new framework of engagement with Europe – a key pillar of stability amid current geopolitical tensions and global economic uncertainty. The ties between Uzbekistan and European countries continue to grow, and the areas of cooperation are diversifying, supported by the ongoing reforms in Uzbekistan.

Building a New Chapter in Relations

After gaining independence, Uzbekistan’s relations with the European Union developed dynamically. A Memorandum of Understanding between the Government of Uzbekistan and the European Commission was signed in 1992, followed by the establishment of diplomatic relations in 1994. The foundation of cooperation was laid by the Partnership and Cooperation Agreement (PCA) signed in June 1996 and entering into force in 1999. However, at a certain stage, cooperation faced difficulties due to the insufficient pace of democratic reforms in Uzbekistan.

With the election of Shavkat Mirziyoyev as President, the situation changed dramatically. As early as 2017, during his visit to Tashkent, Stefano Manservisi, Director-General for International Cooperation and Development of the European Commission, stated that “the EU regards Uzbekistan as a strategic partner.” The sweeping democratic and economic reforms launched in Uzbekistan helped resolve within a short period many issues that had long remained unsolved. Forced labor was completely eradicated, and reforms in the cotton sector enabled the country to abandon raw cotton exports altogether.

As reforms advanced, the legal and institutional framework of relations with Europe expanded rapidly. While previously Uzbekistan and the EU granted each other most-favored-nation treatment under the PCA, in April 2021 the EU granted Uzbekistan GSP+ beneficiary status, and in 2022 the Enhanced Partnership and Cooperation Agreement (EPCA) was initialed.

Along with internal transformation, Uzbekistan’s foreign policy architecture also changed. Priority was given to closer cooperation with neighboring Central Asian states, as well as the active expansion of ties with European countries – a vector that has strengthened steadily in recent years.

Just in the past year, Uzbekistan established strategic partnership relations with France, Italy, and Slovakia, while discussions on expanding strategic cooperation with Hungary continued. President Mirziyoyev also visited Slovenia, and Italy’s Prime Minister and Bulgaria’s President visited Uzbekistan.

A milestone in strengthening relations between Uzbekistan and Europe, and between Europe and Central Asia as a whole – was the first EU–Central Asia Summit, held in Samarkand in April 2025 under the chairmanship of Shavkat Mirziyoyev. Uzbekistan presented a broad range of initiatives to create a new model of regional cooperation between Central Asia and Europe, including: a multilateral agreement on investment protection and promotion; the launch of a Central Asia–EU Joint Chamber of Commerce; the adoption of a regional support program for SMEs and women’s entrepreneurship; the establishment of an investment platform to promote regional projects in green energy, innovation, transport, infrastructure, and agriculture.

The Samarkand Summit was highly productive. A Joint Declaration was adopted, establishing a strategic partnership between the two regions in trade, transport, energy, digital connectivity, and water management. European Commission President Ursula von der Leyen announced that the EU had prepared a €12 billion investment package for Central Asia under the Global Gateway initiative.

The Trajectory of Economic Cooperation

Uzbekistan’s deep democratic transformations have significantly improved relations with European countries. Economic reforms have enhanced the competitiveness of Uzbekistan’s economy, stimulating investor confidence and growing interest from European businesses.

The results are impressive. Over the past 8 years, Uzbekistan’s GDP has doubled, reaching $115 billion in 2024. Since 2017, investment in fixed capital has totaled $240 billion, of which foreign investment exceeded $130 billion. The country’s foreign exchange reserves surpassed $48 billion for the first time in history. Structurally, the share of industry in the economy increased from 20% to 26%, and services from 44% to 47%. Labor productivity (GDP per employed person) rose by 45%.

As a result, opportunities for mutually beneficial cooperation between Uzbek and European businesses have expanded. Between 2017 and 2024, Uzbekistan’s trade with the EU increased 2.4 times to $6.4 billion; exports grew 3.6 times to $1.7 billion, and imports 2.2 times to $4.7 billion. In 2024, the EU’s share in Uzbekistan’s total trade turnover was 9.7%, in exports 6.3%, and in imports 12%. The EU ranked third among Uzbekistan’s trade partners, after China and Russia.

The EU’s share in Uzbekistan’s total exports increased from 3.8% to 6.3% over the same period. This growth was driven by Uzbekistan’s accession to the GSP+ preferential trade system, granting duty-free access to the EU market across roughly 6,200 tariff lines. The share of Uzbekistan’s exports benefiting from GSP+ reached 59%, with a preference utilization rate of 84%, indicating efficient use of trade benefits.

In 2024, Uzbekistan’s exports to the EU were dominated by chemical products (52.1%), as well as textiles, ferrous and non-ferrous metals, minerals, and food products. Among EU members, France accounted for 47.2% of exports, Lithuania for 10%, and Latvia for 6.9%.

Uzbekistan’s imports from the EU significantly exceeded exports – a reflection of the ongoing technological modernization of the national economy. Around 16% of Uzbekistan’s total imports of machinery, equipment, and transport vehicles come from EU countries.

Investment cooperation is also expanding rapidly. In 2024, foreign investments and loans from EU countries and their financial institutions increased by 77%, reaching $4.1 billion (compared to $2.3 billion in 2023). The most active investors were Germany ($1.37 billion), the Netherlands ($1.05 billion), Cyprus ($858.9 million), the Czech Republic ($137.8 million), Italy ($99.8 million), and Sweden ($97.5 million). Today, around 1,000 enterprises with EU capital operate in Uzbekistan, with a total project portfolio of €30 billion.

A special role in recent years belongs to the EBRD, of which Uzbekistan has become one of the largest beneficiaries. The Bank’s total investments in Uzbekistan’s economy exceeded €5 billion, including around €1 billion in 2024, primarily directed toward the private sector.

Reforms in Uzbekistan have become the key driver for unlocking the significant potential of trade and economic cooperation with the European Union.

Uzbekistan–Belgium

The upcoming visit will also focus on strengthening relations between Uzbekistan and Belgium. Diplomatic relations were established following the opening of the Embassy of Uzbekistan in Brussels in 1993. In 1996, the two countries signed an Agreement on avoidance of double taxation, and in 1998 – an Agreement on mutual protection and promotion of investments, which provide legal guarantees for investors in both states.

Business contacts have intensified in parallel with Uzbekistan’s reform agenda. The visits of 2019 and 2022 set the tone for cooperation in infrastructure, energy, and the digital economy. More important than the current trade volumes has been the recognition and support of Uzbekistan’s reforms by EU partners, laying the foundation for long-term engagement.

In 2024, bilateral trade amounted to $62.3 million, including $7.3 million in Uzbek exports and $55 million in imports. Investment cooperation is gaining momentum: several dozen companies with Belgian capital now operate in Uzbekistan, including wholly owned enterprises. New technologies are being localized, for example, Jaga Climate Designers is participating in a joint venture for heating and ventilation systems, and Picanol Group is localizing the assembly of high-tech textile machinery. Belgian brands Belcolade and Prefamac are exploring opportunities to launch chocolate production with subsequent localization.

Despite modest trade volumes, there is significant potential for expanding cooperation in several areas. Given Belgium’s leading role in pharmaceuticals and biomedical research and Uzbekistan’s growing pharmaceutical market, joint ventures or industrial clusters could be developed in this sector, involving companies such as UCB and Janssen Pharmaceutica.

There is also strong potential for joint fruit and vegetable processing projects in Uzbekistan, targeting exports to the EU via Belgian logistics hubs such as the Port of Antwerp and wholesale markets. Potential partners include Greenyard and Puratos. Direct seasonal exports of fresh fruits (e.g., grapes in autumn and winter), as well as dried vegetables, spices, and organic products, could also be expanded. In light industry, there is room to increase exports of ready-made knitwear and home textiles, provided European quality and safety standards are met. The market potential is evident – Belgium imported about $7.9 billion worth of clothing in 2024.

The main challenges remain logistics and standards. Belgium functions as a major EU maritime hub centered around Antwerp, while direct routes from Uzbekistan are still limited. The near-term priority should be pilot supply chains ensuring quality and traceability, the development of cold logistics, certification under EU technical and sanitary regulations, the use of Benelux consolidation hubs, and trade finance tools for SMEs. With the gradual development of new overland routes along the Middle Corridor, Uzbekistan will gain a stronger foothold in high value-added exports without higher costs or delivery delays.

Conclusion

Uzbekistan is entering a stage of deepened economic cooperation with the European Union. During the ongoing modernization and digital transformation of its economy, European investment, technology, education, and research experience can play a key role. At the same time, Uzbekistan seeks to expand exports of industrial goods as their quality improves.

Uzbekistan is also a rapidly growing market with a young and dynamic population, now reaching 38 million people – an 18% increase since 2017. Every year, around 700,000 economically active individuals enter the labor market, forming a substantial human resource base for the economy, including joint ventures.

As a result of poverty reduction policies, living standards and household incomes have risen significantly. Whereas a third of the population once lived below the poverty line, 7.5 million people have been lifted out of poverty, and the poverty rate declined to 8.9% in 2024, with plans to reduce it further to 6% this year. These policies not only address social challenges but also expand domestic demand, increasing the interest of European businesses in entering Uzbekistan’s market.

The further deepening of Uzbekistan’s economic engagement with the EU and Belgium is an objectively mutually beneficial process – one that will define the success of the upcoming state visit of President Shavkat Mirziyoyev to Belgium.

The agreements expected to be signed will help advance joint projects in sustainable energy and infrastructure, strengthen transport and technological connectivity between Central Asia and Europe, and position Europe as a key partner in Uzbekistan’s long-term growth and modernization trajectory.

 Obid Khakimov,  

Director of the Center for
Economic Research and Reforms

The Fifth Tashkent International Investment Forum will take place on June 16–19, 2026. This year’s theme – “Investment Resilience: New Frontiers, New Partnerships” – frames the agenda around a set of pressing questions: how to protect capital amid global uncertainty, what institutional mechanisms enhance investment resilience in frontier markets, and where the new partnership routes lie.

The forum’s context is set by macroeconomic results. According to the National Statistics Committee, Uzbekistan’s GDP grew by 7.7% in 2025 and exceeded $147 billion – the fastest pace since 2021 and among the highest in the Europe and Central Asia region. Fitch Ratings and S&P Global upgraded the country’s sovereign rating from BB– to BB for the first time, while Moody’s revised its outlook to “positive.” International reserves, per the Central Bank, surpass $77 billion. Exports rose 24% to $33.8 billion. Foreign direct investment increased by 46.9%, with FDI accounting for 40.5% of total capital investment. For an economy that attracted only $4 billion in annual foreign investment in 2017, the surge to $42 billion by 2025 represents a fundamentally different scale of growth. This tenfold increase over eight years underscores a profound transformation in the nation's investment landscape.

The forum is scaling alongside the economy. Last year’s TIIF drew over 8,000 participants, including some 3,000 international delegates from 97 countries. Guests included Bulgarian President Rumen Radev, Slovak Prime Minister Robert Fico, heads of government from all Central Asian states, EBRD President Odile Renaud-Basso, and New Development Bank President Dilma Rousseff. The aggregate value of signed investment contracts and trade agreements reached $30.5 billion. Yet what best speaks to the platform’s maturity is not the number of signings but the conversion rate – the share of agreements that translate into operating assets is increasingly the metric that matters to returning investors.

The centrepiece of this year’s forum will be the Tashkent International Financial Centre (TIFC), established by presidential decree in March 2026. Behind the headline sits a specific institutional architecture: a special legal regime based on common-law principles, a dedicated financial services regulator, an arbitration centre (TIAC), and tax exemptions through 2076. TIFC is part of a global trend toward specialised financial hubs that offer international market participants a familiar legal environment and regulatory predictability. Its defining feature is integration within the country’s legal framework: the centre operates under a special legal regime rather than creating a separate jurisdiction, reducing regulatory fragmentation and simplifying engagement with the domestic economy. A panel session featuring leaders of major global financial centres and international investors operating in Uzbekistan will address the central question: what are the practical conditions under which TIFC can attract international market participants.

The TIIF 2026 programme is structured around four thematic pillars: investment resilience and capital protection mechanisms, financial infrastructure and capital market development, trade connectivity and logistics corridors, and energy transition and climate finance. Key sessions include a discussion of the regulatory framework for alternative investment funds (a legal basis for private equity and venture capital being adopted for the first time), a panel on the Middle Corridor and trans-Caspian logistics, a session on sovereign ratings across Central Asia, and a practitioner-led workshop on blended finance instruments in frontier markets. A dedicated arbitration and dispute resolution track features two panel sessions co-organised with the Tashkent International Arbitration Centre (TIAC), the British-Uzbek Legal Association (BrULA), and the British Embassy. Topics range from the institutional design of Uzbekistan’s arbitration ecosystem – including the innovative Dispute Avoidance Protocol (DAP) – to the country’s positioning within the global investment protection architecture: ISDS frameworks, bilateral investment treaty reform, and New York Convention enforcement.

The energy agenda warrants particular attention. Uzbekistan has set an ambitious target of raising the share of renewables in electricity generation to 54% by 2030. Currently, the country operates solar and wind facilities with a combined installed capacity exceeding 4 GW, with a project pipeline envisaging an additional 19 GW of green capacity. Alongside this, the public-private partnership mechanism continues to develop: as of early 2025, PPP agreements worth approximately $28 billion had been signed in the country. For investors, this represents a large, structured market with standardised PPA contracts and a clear entry mechanism – a subject that will be examined in detail during the forum’s energy panel.

TIIF 2026 retains its bilateral business forum format, reflecting the expanding geography of Uzbekistan’s economic partnerships. Confirmed platforms include business forums with the Republic of Korea, the United States, Croatia, Hungary, Turkey, and Albania, as well as a China–SCO countries investment dialogue; the lineup continues to grow as the event approaches. The plenary session featuring heads of state and government will set the tone for the business programme. Running in parallel is an exhibition of industrial and investment potential spanning approximately 6,000 sq m – in 2025, a comparable facility facilitated over 500 B2B and B2G meetings for 100 participating companies.

At the same time, the forum agenda implicitly flags unresolved challenges. The corporate governance session raises the question of transitioning from concentrated to dispersed ownership – a process without which the stock market will remain illiquid. The discussion of privatisation and state asset IPOs calls for a candid conversation about pacing and institutional quality. The responsible business conduct panel, anchored in OECD standards, recognises that tax incentives alone are insufficient for accessing institutional capital – what is needed is verifiable supply chain transparency and functioning National Contact Point mechanisms.

The business programme is complemented by networking formats: an FIC and EY business breakfast on digitalisation and AI, the annual SQB Investor Day, an ESG Award ceremony, and the European Business Evening. The informal component – an invitational tennis tournament, TIIF Open, and an evening run – is designed for delegates who prefer to build relationships beyond the conference hall. The anniversary evening concludes with a collaboration with the Stihia electronic music festival – a detail that captures the tone in which Uzbekistan presents itself to an international audience.

For Uzbekistan, TIIF has long ceased to be a showcase. It is a working instrument of investment policy, whose effectiveness is measured not by the number of signing ceremonies but by the volume of capital that actually enters the economy between forums. The fifth, anniversary edition takes place at a moment when the country is simultaneously launching an international financial centre, adopting an alternative investment funds law, and receiving a sovereign rating upgrade – a convergence that creates a window of opportunity for investors prepared to operate in frontier markets with a growing institutional base.

Relations between Uzbekistan and Azerbaijan have in recent years become one of the most dynamic links between Central Asia and the South Caucasus. They are underpinned by sustained dialogue between the two countries’ leaders, political trust, cultural and historical affinity, and growing mutual interest in trade, investment, transport, industry, energy, and the development of transport routes. Consequently, bilateral cooperation is increasingly moving beyond traditional partnership and evolving into comprehensive economic cooperation.

Regular high-level contacts provide the strategic framework for this work. In recent years, the two countries’ leaders have exchanged state and working visits, giving the relationship sustained political momentum. The Joint Commission on Bilateral Cooperation remains the principal mechanism for intergovernmental coordination. Fourteen meetings have already been held, while the forthcoming meeting in Tashkent is expected to give fresh impetus to trade, investment, and economic cooperation.

Direct interregional ties remain an important element of this architecture. The intergovernmental agreement on interregional cooperation, regional forums held in Tashkent, Quba, and Baku, as well as agreements signed between cities of the two countries, demonstrate that the partnership is gradually moving from government-level decisions towards practical cooperation between regions. The forthcoming Forum of Regions could provide a platform for concrete agreements in trade, industry, tourism, and urban infrastructure.

Trade statistics confirm the growing economic interest. By the end of 2025, bilateral trade had reached USD 307.3 million. The positive trend strengthened in January–May 2026, with trade turnover increasing by 38.2%. The next target is to raise bilateral trade to USD 1 billion by 2030.

To consolidate this trend, it is important to move beyond growth in individual product categories towards a more sustainable supply model. This involves expanding the range of traded goods, developing promotion and distribution channels, opening a trade mission of Uzbekistan in Baku, and making use of new logistics opportunities. Within this framework, the southern route is of particular importance: promoting Azerbaijani products through trade platforms in Termez could facilitate access to neighbouring markets and give bilateral trade a broader regional dimension.

The investment component is supported by the growing presence of Azerbaijani businesses in Uzbekistan. As of July 2026, 442 enterprises with Azerbaijani capital were operating in the country. Their activities cover trade, mechanical engineering, metalworking, finance, insurance, real estate, energy, services, food production, and light industry. This indicates a transition from one-off trade transactions to more sustainable forms of business engagement.

The Azerbaijan–Uzbekistan Investment Company provides the financial foundation for some of these initiatives. Its current portfolio comprises nine projects with a total value of USD 651 million, with the company’s financing amounting to USD 170.9 million. Funding has already been allocated to four projects, while five more have received approval. The importance of this instrument lies not only in the volume of available resources but also in its ability to translate political agreements into practical solutions in trade, education, healthcare, industry, logistics, and the financial sector.

On this basis, industrial cooperation is acquiring tangible substance. The automotive industry is one of the key areas: the production of Chevrolet vehicles and Isuzu commercial vehicles is being developed in Azerbaijan with the participation of Uzbek enterprises, while the expansion of the production facility in Hajiqabul is expected to ensure a deeper manufacturing cycle, including welding and painting. This format is important because it involves not merely the supply of finished products but also the development of assembly and component supply chains and technological exchange.

Sectoral opportunities are not limited to the automotive industry. In the mining sector, the parties are developing cooperation in the geological exploration and development of precious and critical metal deposits in Uzbekistan. This strengthens the industrial dimension of the bilateral agenda and creates a foundation for more technologically advanced cooperation in the field of mineral resources.

Alongside the mining industry, oil and gas and chemical cooperation hold considerable potential. SOCAR’s participation creates opportunities for joint work in geological exploration, energy supplies, processing, and the development of related services. In a broader context, this makes it possible to view cooperation not only through the lens of the raw materials sector but also as a foundation for industrial and technological linkages with significant practical value.

Transport and logistics occupy a special place in bilateral cooperation. The production and use of ferries for Uzbekistan’s needs, with access to routes through the ports of Kuryk and Alat, are currently under consideration. For Uzbekistan, this represents an additional opportunity to strengthen access to Trans-Caspian transport links, while for Azerbaijan it offers a means of expanding the role of its ports and logistics infrastructure in the movement of goods between Central Asia, the Caucasus, and external markets.

Urban development, tourism, and municipal infrastructure are also of particular importance. Major projects involving Azerbaijani investors are being implemented in Tashkent, including hotel, tourism, and residential complexes. Within the bilateral agenda, these investments are significant not only as capital invested in real estate but also as a contribution to the quality of the urban environment and the development of tourism and the service economy.

Light industry remains another closely related area of cooperation. Cotton and textile clusters involving Uzbek companies are being developed in Azerbaijan, allowing the parties to combine the raw-material base, manufacturing expertise, and access to new markets. In the longer term, such cooperation could increase exports of finished textile products and reduce dependence on trade in raw materials.

The sectoral framework is complemented by cooperation in finance, construction materials, electrical engineering, food production, agriculture, pharmaceuticals, and jewellery. Projects in these areas are at different stages of development, but collectively they broaden the foundation of bilateral cooperation.

The strength of the current Uzbek-Azerbaijani model lies in its combination of political trust and practical instruments: investment capital, production chains, interregional ties, and Trans-Caspian logistics. In this context, transport routes are becoming more than merely a logistics issue; they are evolving into part of a broader economic architecture connecting markets, enterprises, and regions. Cooperation between the two countries is therefore increasingly viewed as one of the sustainable bridges linking Central Asia, the Caucasus, and external markets.

In recent years, Uzbekistan has demonstrated significant progress in the field of international tourism, which pays special attention to cooperation with the CIS countries. Historically, this region has close cultural, economic and humanitarian ties with Uzbekistan, which contributes to the active exchange of tourists and the development of joint initiatives in the tourism industry. According to statistics for January–August 2024 and 2025, there has been a steady increase in the total number of tourists from 6.7 million visiting Uzbekistan to more than 7.5 million with an annual increase of 15-20% per year. By the end of 2025, more than 11 million foreign tourists are expected to arrive.
Kazakhstan, Kyrgyzstan and Tajikistan remain the most significant sources of tourists among the CIS countries. In 2024, Kazakhstan sent more than 2.1 million tourists to Uzbekistan in January – August, Kyrgyzstan — about 1.78 million, and Tajikistan — almost 1.6 million. In 2025, Kyrgyzstan slightly surpassed Kazakhstan in the number of visitors — 2.16 million against 1.77 million, which indicates a positive trend towards strengthening bilateral ties in the field of tourism. Tajikistan also showed an increase of almost 1.7 million tourists. In addition to the traditional leaders, the number of tourists from Turkmenistan increased significantly in January–August, from 125,000 in 2024 to 243,000 in 2025. This growth confirms the growing attractiveness of Uzbekistan as a tourist destination for all neighboring countries.
The CIS countries with fewer tourists, such as Azerbaijan, Belarus, Moldova, Armenia, Ukraine and Russia, also note positive dynamics. The increase in the number of Russian tourists in January –August is particularly noteworthy — from 587,000 in 2024 to more than 663,000 in 2025, reflecting the strengthening of tourist and cultural ties between the two countries. The growth of the tourist flow from the CIS is largely due to Uzbekistan's comprehensive work to improve infrastructure, simplify visa procedures, and actively promote travel brands. The development of transport links, the introduction of modern services and the expansion of the range of tourism products make Uzbekistan more and more attractive to visitors from neighboring countries.
Uzbekistan is the historical center and pearl of the Great Silk Road, the crossroads of world cultures and civilizations. There are more than 8,000 cultural heritage sites in the country. 209 of them are part of four museum cities included in the UNESCO World Heritage List. The magnificent monuments of the ancient cities of Samarkand, Bukhara, Khiva attract many tourists who want to get acquainted with the rich heritage of the region. Samarkand is the ancient capital of the empire of the great commander Amir Temur, which houses the most beautiful Registan ensemble, the Ulugbek Observatory and the Imam Al-Bukhari complex, the most important for Muslims, the fabulous city of Bukhara, famous throughout the Islamic world with its Bahauddin Naqshbandi complex, the Ark fortress and the Poi Kalyan ensemble, the capital of the Khorezmshah State Khiva with a museum city open-air Ichan-Kala, and of course the city of Shakhrisabz, where Amir Temur was born and built the Ok-Saroy palace there.
Tashkent, the capital of Uzbekistan, is the geographical center and the largest hub of Central Asia, a connecting bridge between East and West. Tourists can get great emotions and impressions from their stay in Tashkent, which has many interesting sights, including the architecture of modernity and the ancient East. Uzbekistan is not only a historical city, but also a huge number of natural attractions: the picturesque mountains of the Western Tien Shan and Pamir Alai, mysterious caves, the endless Kyzylkum desert, a huge number of lakes, the Ustyurt plateau and the Aral Sea in Karakalpakstan. It should be noted that Uzbekistan occupies high places in the world tourism rankings, in the field of security, historical attractions, family tourism, gastronomy, etc. There is a tourist police in all tourist centers of the country, thanks to which all foreign visitors feel safe at all times. At the same time, over the past 10 years, Uzbekistan has not had any incidents related to the safety of tourists in the country, which could negatively affect the tourist image of Uzbekistan. Great attention is paid to youth tourism in the country, special tours of historical subjects, ecotourism, extreme tourism, and industrial tourism have been formed to visit various production facilities, which also serve as their subsequent professional orientation.
The Government of Uzbekistan has identified several territories with high tourism potential as free tourist zones created specifically for businesses operating in the tourism sector. Conditions have been created to attract foreign investment in the tourism sector. To encourage investors, various incentives have been introduced for the hotel sector, the construction of tourist complexes and infrastructure. Business representatives from the CIS countries are the most active investors, creating both enterprises with 100 foreign investments and joint ventures in the tourism industry of Uzbekistan. Uzbekistan invites Russian investors to take an active part in joint projects in the territories of Charvak, Chimgan, Nanai, Baysun, Maidanak, Miraki, Parkent, Akhangaran, Angren, Akchakul, Tudakul, Aydarkul and others tourist zones. The development of tourism with the CIS countries is becoming not only a factor of economic growth, but also an important element in strengthening interstate relations, cultural exchange and friendship of peoples. The growth of the tourist flow contributes to the creation of new jobs, the development of small and medium-sized businesses and the improvement of the standard of living of the population. The prospects for further development of tourism ties between Uzbekistan and the CIS countries look very promising. Enhanced cooperation, exchange of experience and implementation of innovative solutions will make the region one of the most attractive and dynamically developing tourist destinations in Eurasia. The Committee on Tourism of Uzbekistan is ready to support the tourism business of our countries in the implementation of joint projects, and create all necessary conditions for comfortable travel of tourists of all categories from the CIS countries.

Head of the Department of
Transport and Logistics Development Shukhrat Isakulov

Interview of Akramjon Nematov, First Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan (ISRS), with Dunyo IA.

- The historic state visit of the President of Uzbekistan to the Kyrgyz Republic has once again drawn considerable attention within the expert community to the construction of the China–Kyrgyzstan–Uzbekistan railway. What place did this project occupy during the high-level talks in Bishkek and which aspects were at the center of the discussions between the two leaders?

- Indeed, recent state visit was truly a historic event, opening a new chapter in the development of Uzbekistan–Kyrgyzstan relations. The high-level talks took place in an atmosphere of unprecedented trust, mutual understanding, and strategic partnership, confirming that bilateral cooperation has advanced to the fundamentally new level of an alliance.

A central item on the agenda was the practical implementation of what is already widely referred to as the “project of the century” - the China–Kyrgyzstan–Uzbekistan railway. Following many years of discussion, the project has entered the active construction phase and the two leaders held detailed discussions on the progress of this unprecedented undertaking.

Of particular significance was President of Uzbekistan Shavkat Mirziyoyev's emphasis on the need to accelerate construction of the China–Kyrgyzstan–Uzbekistan railway, describing it as one of the key drivers of the region's long-term economic development.

In essence, this is far more than another infrastructure project. A new architecture of Eurasian connectivity is taking shape - one that will enable Central Asia to strengthen its strategic agency, expand access to global markets, and diversify its external economic ties. This explains why the two leaders devoted such close attention to coordinating the practical implementation of the project and to the further development of regional transport infrastructure.

It is equally important to note that, thanks to close coordination at the highest political level, construction is progressing ahead of the original schedule. Although initially planned to take at least five years, the project is now expected to be completed one year earlier than originally anticipated.

This reflects an exceptional level of resource mobilization. More than 10,000 specialists and over 7,000 pieces of heavy construction equipment are already engaged on site. The railway is opening an entirely new chapter in the development of Central Asia, fundamentally reshaping both the geopolitical and geoeconomic landscape of the region.

- What is the geoeconomic significance of this corridor for Eurasia as a whole, and how will it transform the position of the region, particularly Uzbekistan and Kyrgyzstan?

- Project fundamentally redraws the transport and logistics map of Eurasia by creating the shortest and most efficient overland route between East and West a modern “Iron Silk Road”.

Traditionally, Central Asia has been viewed in global trade primarily as a landlocked region with limited transit potential. The commissioning of this railway will transform the region from a logistical cul-de-sac into one of the principal crossroads of Eurasian trade.

Projected annual capacity of the new railway will reach 15 million tonnes. To appreciate its scale, it is worth noting that the entire railway network of Kyrgyzstan transported 10.5 million tons of cargo in 2025. In other words, once the railway reaches its designed capacity, the China–Kyrgyzstan–Uzbekistan railway alone will be capable of handling a greater freight volume than the current throughput of Kyrgyzstan's entire national railway system.

For Uzbekistan, project represents a major step toward consolidating its position as a regional transit hub, providing direct and secure access to the markets of South Asia, the Middle East and, ultimately, Europe.

For Kyrgyzstan, it will facilitate the large-scale economic integration of previously hard-to-access mountainous regions, create new jobs, and stimulate national economic development.

Railway will shorten the route from China to Europe and the Middle East by approximately 900 kilometres, while reducing cargo delivery times by seven to eight days, thereby decreasing dependence on the limited number of northern and maritime transport corridors.

However, project's significance extends well beyond shorter routes and faster delivery times. Railway is becoming a key element in shaping the new economic geography of Central Asia. It will transform the region from a passive transit area into an active organizer of Eurasian transport flows. This fundamentally changes the position of our countries within the global economy.

- How does this railway fit into the broader architecture of Eurasian connectivity alongside the Middle Corridor, Trans-Afghan routes and transport corridors through Iran?

- Rather than competing with other transport routes, it complements them by forming a single, integrated network of connectivity. First, the railway will connect directly with the Middle Corridor or Trans-Caspian International Transport Route (TITR), creating a seamless freight corridor linking China through Kyrgyzstan and Uzbekistan, across the Caspian Sea and onward to the Caucasus and Europe.

Second, by integrating with the emerging Trans-Afghan transport projects and Iran's transport network, the railway will create a powerful north-south and east-west transport crossroads. Central Asia will become a pivotal hub for continental trade, where cargo flows from China to South Asia, the Middle East, and Europe converge.

Looking at the broader picture, it becomes clear that integrating the China–Kyrgyzstan–Uzbekistan railway with the Middle Corridor, Trans-Afghan route and transport links through Iran will establish an entirely new system of Eurasian connectivity.

Central Asia will no longer depend on just one or two external transport routes. Instead, it will gain the flexibility to redistribute trade flows across multiple corridors simultaneously. This will significantly strengthen the region's economic resilience while enhancing its strategic autonomy.

The greater the number of complementary transport corridors available to Central Asia, the greater its ability to determine its own development trajectory and the less vulnerable its economies will be to external geopolitical disruptions.

That is why this project should be viewed not merely as a transport initiative, but as a long-term investment in the resilience of Central Asia as an integrated economic space.

- You mentioned that, in the future, this corridor is expected to connect with the Trans-Afghan route. How is the implementation of the Termez–Naibabad–Maidanshahr–Logar–Kharlachi railway progressing today, and what impact could the success of the “project of the century” have on it?

- Work on the Trans-Afghan railway is also moving forward steadily. Active practical efforts are underway, and following the completion of field surveys, the feasibility study for this major transport corridor is expected to be finalized by the end of the year.

At the same time, the rapid pace of construction of the China–Kyrgyzstan–Uzbekistan railway and the scale of resources committed to the project clearly demonstrate Uzbekistan's capacity to successfully implement some of the world's most complex cross-border infrastructure projects.

The success of this “project of the century” significantly strengthens our engineering and organizational capabilities, demonstrates the country's unwavering political commitment and serves as a powerful catalyst for future initiatives.

Practical implementation of the China–Kyrgyzstan–Uzbekistan railway has established an exceptionally high benchmark in terms of both pace and execution, creating strong positive momentum for advancing the Trans-Afghan railway, which will provide Central Asia with the shortest overland access to the ports of the Indian Ocean.

- Some observers argue that the railway will primarily serve as a transit corridor. Will it also become a driver of industrial development and economic growth, particularly in the Fergana Valley?

- It is a misconception to view the railway solely as a transit pipeline for foreign goods. The project has been designed as both a multimodal transport corridor and an industrial development framework. Alongside its transit function, the railway will become a powerful catalyst for the development of domestic industry and manufacturing. Growth zones are already emerging around the railway's key junctions.

A good example is the construction of the Makmal freight transfer station in Kyrgyzstan. It is being designed not merely as a technical railway facility but as a fully-fledged regional transport and logistics hub, incorporating cargo terminals, warehouses, manufacturing and processing facilities, and a wide range of service infrastructure.

Industry will benefit from reliable and efficient logistics for both raw materials and finished products, reducing transportation costs while enhancing competitiveness. The Fergana Valley will be among the principal beneficiaries of the project.

As one of the most densely populated and economically dynamic regions of Central Asia and historically the heart of the region - Fergana Valley has been presented with a unique opportunity to reclaim the pivotal role it played for centuries.

Historically, some of the most important branches of the Great Silk Road passed through this region. Today, thanks to the new railway, the Fergana Valley is once again becoming a center of Eurasian connectivity. Rather than remaining on the periphery of the regional transport system, the valley will evolve into a major production, logistics, and investment hub for the entire continent.

Running through Kashgar, Torugart, Arpa, Makmal, Jalal-Abad and Andijan, the railway will connect the key nodes of this macro-region, attracting investment, revitalizing cross-border trade and removing longstanding logistical bottlenecks. This fundamentally transforms the development model of border regions. Instead of peripheral territories, they will become dynamic zones of economic growth, industrial cooperation and business activity.

Ultimately, these developments elevate Uzbek–Kyrgyz relations to an entirely new level of alliance, where jointly overcoming some of the world's most demanding engineering challenges in the high mountains fosters profound mutual trust and transforms the border into a zone of peace and shared prosperity.

- Will this corridor also be used for passenger transport and what impact could it have on tourism and business?

- From the outset, the project has been designed not only as a freight corridor but also as a passenger railway. Its technical specifications provide for passenger train speeds of up to 120 km/h, even in the challenging mountainous terrain. In practical terms, this represents a genuine transformation. Businesspeople, engineers, and executives will be able to travel quickly and comfortably between the major commercial centers of China, Kyrgyzstan and Uzbekistan, helping to create a more integrated investment environment.

It is worth recalling that the number of joint ventures between Uzbekistan and Kyrgyzstan has already reached 450, and the launch of the railway is expected to stimulate business activity many times over. The railway will also connect the spectacular mountain landscapes of the Tian Shan, iconic destinations such as Issyk-Kul, the historic cities of the Fergana Valley, as well as Samarkand and Bukhara, through a single high-speed rail network. Tourists will be able to cross borders within a matter of hours, generating a substantial multiplier effect for tourism, the service sector, and people-to-people exchanges.

- Some experts have expressed concerns that the railway could simply turn Central Asia into a market for Chinese goods. How would you respond to such assessments?

- Such views are based on an outdated perception of Central Asia as merely a supplier of raw materials. Today's reality is fundamentally different.

First, the countries of the region are implementing ambitious industrialization programs. In recent years, Central Asia has recorded some of the highest rates of industrial growth across Eurasia. In Uzbekistan, industrial output has increased by more than 70 percent over the past eight years, while manufacturing production has nearly doubled. Today, the manufacturing sector accounts for around 80 percent of the country's total industrial output. The fastest-growing industries include machinery manufacturing, electrical engineering, chemicals, pharmaceuticals, metallurgy and textiles. At the same time, the production and export of higher value-added manufactured goods continue to expand steadily.

Kyrgyzstan has likewise demonstrated impressive industrial growth. In 2025, industrial production increased by 10.6 percent, while total industrial output has more than doubled over the past five years. Manufacturing accounted for 79.7 percent of the country's total industrial production. The strongest growth has been recorded in the food processing, chemical, pharmaceutical, construction materials, and manufacturing industries. Meanwhile, new production facilities, industrial zones, and logistics centres are being established to support international transport corridors.

Second, the benefits are mutual. Our countries will gain exceptionally fast access to China's market of more than 1.4 billion consumers, creating significant new export opportunities for agricultural products, textiles, non-ferrous metals, chemicals, electrical equipment, construction materials, and other value-added manufactured goods.

Moreover, during the recent state visit, considerable attention was devoted to the proactive development of modern industrial zones, logistics hubs and manufacturing facilities along the entire railway corridor. Uzbekistan's initiatives are specifically aimed at promoting joint manufacturing, industrial cooperation and the localization of new production chains - not at turning the region into a mere transit corridor.

In effect, a new industrial belt of Eurasia is taking shape, with Central Asia emerging not as a final consumer market but as an integral participant in global value chains. Consequently, the railway is needed not only to transport raw materials but increasingly to support the rapidly expanding industrial production of our countries. It is becoming far more than a transport corridor - it is laying the foundation for a new model of economic development in Central Asia based on industrial cooperation, higher value-added production, and deeper integration into the global economy.

- What has been accomplished on the ground so far and is there still scope to maximize the project's benefits?

- The scale of the work already underway is truly impressive and clearly demonstrates that the “project of the century” has entered its most intensive implementation phase. Construction activities are currently being carried out simultaneously at 83 of the 107 planned sites along the Kyrgyz section of the railway. More than 10,000 specialists and over 7,000 pieces of heavy construction equipment are working around the clock.

To appreciate the magnitude of this undertaking in the exceptionally challenging terrain of the Tian Shan Mountains, where construction is taking place at elevations exceeding 3,000 metres, it is enough to look at the figures. To date, more than 19.6 million cubic metres of earth have been excavated, including over 5.26 million cubic metres for the construction of the strategically important Makmal station.

At the same time, a network of 26 tunnels is under construction. More than 13.5 kilometres of the main tunnels have already been excavated, while excavation of the auxiliary adits has exceeded 51 percent of the planned volume. Approximately one-third of the tunnelling work is being carried out using advanced mechanized methods without the use of blasting technology. Construction is also underway on 38 of the 50 bridges envisaged under the project—equivalent to 76 percent of the total - with nearly 2,400 foundation piles already installed.

In other words, highly complex engineering challenges virtually unprecedented in the region - are being solved every day. The implementation of the project is simultaneously becoming the largest platform for training engineering specialists, introducing advanced construction technologies and developing new expertise in the transport sector.

Cooperation with Chinese partners, who possess world-class experience in delivering large-scale infrastructure projects under extremely challenging conditions, enables our specialists to master cutting-edge technological solutions that will subsequently be applied to other major infrastructure projects across Central Asia.

At the same time, the construction of the railway represents only the first stage of the initiative. It is equally important to begin creating the conditions that will allow the new transport corridor to generate the greatest possible economic benefits for all participating countries.

With this objective in mind, experts from the Project Office for the Development Strategy of International Digital Transport Corridors have prepared a number of practical initiatives aimed at maximizing the railway's operational efficiency.

One proposal calls for the establishment of neutral cross-border free technological zones along both the Kyrgyz–Chinese and Kyrgyz–Uzbek borders, operating under the principle of “one stop, one control”. Such an approach would substantially reduce border-crossing times while streamlining customs procedures.

A second initiative involves creating a modern cross-border free economic zone on the Kyrgyz–Uzbek border, incorporating logistics terminals, industrial facilities and processing industries. This would transform freight traffic into a source of higher value-added production, new employment opportunities, and integrated cross-border manufacturing value chains.

In addition, it has been proposed to establish a joint engineering and design bureau that would serve as a center for developing advanced technical solutions for the operation of high-altitude railways.

Another proposal envisions introducing a single digital transport document, integrating the railway administrations and customs authorities of the three participating countries into a unified digital system.

However, the project's greatest value extends far beyond transport infrastructure. The China–Kyrgyzstan–Uzbekistan railway is, in effect, creating a new model of regional development based on interconnected economies, industrial cooperation, technological partnership, and the joint utilization of the competitive advantages of our countries. It creates the conditions for Central Asia to move beyond its traditional transit role and emerge as an independent centre of manufacturing, logistics, and value creation.

Its political significance is equally important. Only a decade ago, the implementation of such an ambitious initiative would have seemed virtually impossible due to accumulated disagreements and a lack of trust among the countries of the region. Today, thanks to a consistent policy of good-neighbourliness, open dialogue, and mutual support, Central Asia is demonstrating an entirely new level of regional cooperation.

In this sense, the railway is becoming not only a symbol of transport connectivity but also a tangible embodiment of a new political culture in the region one founded on trust, pragmatism and shared responsibility for the future.

For this reason, the significance of the project will ultimately be measured not only by the millions of tons of cargo transported or the kilometres of railway constructed, but above all by the fact that it lays a durable foundation for the sustainable development, economic self-reliance, and strategic agency of Central Asia as a whole.

The strategic convergence between Turkiye and Central Asian states –driven by shared historical and cultural heritage alongside mutually reinforcing economic interests – is cultivating a novel architectural framework for regional interconnectedness. Through multilateral formats and bilateral initiatives, these actors have been establishing a durable platform for cooperation across trade, energy, transportation, and the “green” economy, transforming geographical proximity into a long-term factor of stability and collective development.

Amidst the diversification of Central Asian countries’ foreign policy vectors and the Turkish diplomacy’s increasing emphasis on the Eurasian dimension, this partnership has been acquiring a systemic character that goes beyond specific projects, thereby shaping a sustainable architecture of regional interconnectedness.

Political Foundations of Institutionalizing the Partnership

The core instrument facilitating political engagement is the Organization of Turkic States (OTS), which has evolved from a cultural and educational association into a regional a center of attraction spanning from Central Asia to the Caucasus and Europe. Regular summit meetings of OTS leaders exemplify a transition to a pragmatic cooperation phase. Particular significance is attributed to Uzbekistan and its President, Shavkat Mirziyoyev, who has initiated to deepen collaboration within the organization.

At the October 2025 OTS summit in Gabala, Azerbaijan, the Uzbek leader proposed to craft OTS’s Strategy of Development 2030, including the establishment of a Permanent Council for economic partnership headquartered in Tashkent. These initiatives aim to coordinate economic projects, support business initiatives, and enhance the efficiency of interaction – underscoring Uzbekistan’s aspiration to become a regional hub of integration and a platform for sustainable development.

Simultaneously, Turkiye is intensifying its engagement within other multilateral structures relevant to Central Asia, such as Conference on Interaction and Confidence Building Measures in Asia (CICA) and the Shanghai Cooperation Organization (SCO), where Ankara, holding the status of a partner and strives for full membership. This multi-format engagement allows for flexible adaptation of the agenda to specific priorities – from confidence-building measures in security to the coordination of transport corridors.

On January 20 2026, a meeting of the Joint Strategic Planning Group took place, co-chaired by the foreign ministers of Uzbekistan and Turkiye, confirming mutual readiness to deepen coordination within the UN, OSCE, OIC, and ECO, and to support each other’s candidacies in international organizations. This approach transforms bilateral relations into a component of a broader global diplomatic strategy, where support on the international stage becomes a shared interest.

Economic Dimension: From Trade to Strategic Investments

Since 2018, the bilateral trade volume between Central Asia and Ankara has more than doubled – from 6 billion to14.5 billion in 2025. In the long-term Turkiye has set an ambitious target of reaching $30 billion in bilateral trade with Central Asian region.

The volume of Turkish investments exhibits an even more remarkable trend. From 2016 to 2024, Turkish investments in the region increased 2.5 times – from 1.1 billion to3 billion – significantly surpassing the overall growth of Turkish investments in Eurasia (34%) during the same period. Central Asia accounts for 24% of Turkiye’s total accumulated investments in Eurasia. The number of Turkish companies operating in the region increased from 4,000 in 2016 to over 7,000 in 2025. Turkiye has become  Uzbekistan’s third-largest investor (after China and Russia), with more than 2,000 enterprises, including 438 joint ventures.

Turkish business is gradually shifting from small-scale operations to implementing large-scale infrastructure projects across construction, telecommunications, textiles, and agribusiness sectors. Framework documents such as the “OTS Strategy-2026” and the “OTS Strategy-2040,” approved within the OTS, envisage creating a unified economic space –including a common energy grid and a regional development bank. Uzbekistan’s initiatives to expand the activities of the Turkic Investment Fund and the adoption of the “OTS’s Roadmap on Artificial Intelligence and the Creative Economy” indicate a transition towards a high-tech collaboration agenda.

Energy Interdependence: From Hydrocarbons to “Green” Transformation

Central Asia possesses significant hydrocarbon reserves: Kazakhstan holds approximately 30 billion barrels of oil; Turkmenistan ranks fifth globally in natural gas reserves; Uzbekistan has sizable, largely undeveloped deposits. Correspondingly, Turkiye aims to become an energy hub, providing Central Asia with direct access to the European market amid EU’s decarbonization efforts and reduced reliance on Russian supplies.

The Baku–Tbilisi–Ceyhan (BTC) pipeline, initially intended for Azerbaijani oil, has evolved into the Trans-Caspian export route. Kazakhstan has been exporting oil through this corridor since 2008, and Turkmenistan since 2010.

In addition, negotiations are underway concerning the export of Turkmen gas via the Trans-Anatolian Pipeline (TANAP), with plans to double its capacity from 16 to 32 billion cubic meters.

Simultaneously, the countries are actively transitioning to renewable energy sources. In Uzbekistan, the Turkish conglomerate “Cengiz” has completed construction of two power plants totaling 460 MW, with additional facilities exceeding 500 MW under construction in Jizzakh. According to estimates from the International Renewable Energy Agency (IRENA), Kazakhstan, Uzbekistan, and Turkmenistan possess immense potential not only for domestic green energy production but also for export.

The culmination of these efforts is exemplified by the Trans-Caspian Green Energy Corridor project – an initiative under the Green Corridor Alliance, a joint Kazakh-Uzbek-Azerbaijani enterprise, with funding from the Asian Infrastructure Investment Bank. It aims to connect the electricity grids of Kazakhstan and Uzbekistan with Azerbaijan across the Caspian Sea for subsequent export to Turkiye and Europe. An agreement on strategic partnership for this project was signed at COP29 in Baku in 2024.

The Central Corridor: An Artery of Development

The Trans-Caspian route (the Middle Corridor) has gained strategic importance as an alternative land corridor connecting China with Europe via Central Asia, the Caspian Sea, the South Caucasus, and Turkiye. Forecasts suggest that freight volumes along this route could double by 2030, heightening economic interdependence and boosting its geopolitical relevance.

Uzbekistan actively supports the reinforcement of the Central Corridor, viewing it as a core factor for sustainable regional economic development. The infrastructural interdependence created by this project fosters long-term stability among the countries of Central Asia, the South Caucasus, and Turkiye, transforming transport cooperation into a tool for regional security enhancement.

Cultural and Humanitarian Dimension: The Foundation of Sustainable Partnership

Historical and cultural links rooted in a common Turkic heritage continue to underpin modern cooperation. The parties are steadily expanding educational programs within the “Turkic World” concept. Several universities operate across Central Asia, including the International University of Turkic States and the Turkish University of Economics and Technology in Uzbekistan. Special attention is given to increasing scholarships for Uzbek students within the “Türkiye Bursları” program and developing joint scholarship initiatives.

Such exchanges in science and culture foster durable horizontal ties among the citizens of Turkiye and Central Asian countries. An increasingly important element is digital cooperation: joint projects in artificial intelligence, digital governance, and creative industries open new avenues for engagement. The expansion of tourism flows and media exchanges also contribute to forming a unified informational and communicational space which is particularly relevant amid the global competition in the modern media environment of information manipulation.

Conclusion

Overall, the partnership between Central Asia and Turkiye reflects a transition from ad hoc interactions to a systematic model of cooperation based on resource, infrastructural, and strategic complementarity. Turkiye gains access to energy resources and transit routes, strengthening its status as an Eurasian hub. In turn, Central Asian states diversify their foreign policy and economic ties, increasing their autonomy and competitiveness.

The future prospects of this partnership hinge on three core vectors: first, deepening economic integration through the OTS and bilateral agreements; second, jointly implementing cross-border infrastructure projects in energy and transportation; third, advancing the “green” and digital agendas as foundations for sustainable development. Achieving these objectives requires ongoing dialogue, regulatory harmonization, and trust-building measures, but it already clear that the Central Asia–Turkiye partnership forms a robust platform for regional stability and collective prosperity in a multipolar world.

Dilorom MAMATKULOVA,

Leading research fellow of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan

The capital of Uzbekistan will host the 17^th Central Asian International Textile Machinery Exhibition – CAITME 2026. It will inaugurate the traditional Global Textile Days week.

CAITME is a major event for Central Asia's textile and garment industries and, according to an independent audit, the largest specialist exhibition of its kind in the CIS. The exhibition plays an important role in equipping and uprading the region's textile and garment sector, helping manufacturers increase productivity, adopt advanced technologies and strengthen their competitiveness in the international markets.

This year, the exhibition will bring together 250 companies and brands from 17 countries. Germany will be represented by its National Pavilion, while companies from Austria, India, Italy, China, Turkiye, the USA, Switzerland and other leading textile-producing countries will also take part. Registration of participants is in full swing.

As in previous years, the exhibition will feature recognised global leaders in textile machinery manufacturing and suppliers of advanced technologies from Europe and Asia, including Rieter, Uster, Novibra, SSM, Spindelfabrik Sussen, Toyota, Muratec, Truetzschler, Saurer, Picanol, Santoni, Terrot, Habasit, MHMS, Vandewiele NV, Karl Mayer, Staubli, IRO, Biancalani, Ferraro, Epson, Zimmer Austria, Mario Crosta, Itema, Lafer, Motex Di Modiano Guido, Salvade`, Simet, Dettin, Sclavos, Effe, Mahlo, Lonati, Shima Seiki, Andritz Küsters, Brückner, Carl Schmale, Sossna, Texpa, Thies, Groz-Beckert KG, Kaeser Kompressoren, Schott & Meissner, Textima, Tetas, Temsan, Lakshmi Machine Works, Lakshmi Card Clothing, Precitex, Kansai, Brazzoli, Eliar, Guven Celik, West Global, CTMTC, Hengyi, Leadsfon, Rifa, Yingyang, Baoyu, Dyestar, NF Kimya, Eksoy, Deniz Kimya and many more.

Uzbekistan is represented by leading industry players.                    

A highlight of the exhibition will be the innovative TextileExpo Uzbekistan Sourcing Hub Project, which will take place on September 9^th. For the first time in Uzbekistan, textile manufacturers and buyers from retail chains, factories and specialist companies will be able to hold direct business-to-business negotiations in a digital format using Artificial Intelligence.

                                                                                      Dunyo IA