On the Inaugural Meeting of the Peace Council in Washington

At the invitation of the President of the United States Donald Trump, President of the Republic of Uzbekistan Shavkat Mirziyoyev paid a working visit to Washington on February 17–19 to participate in the inaugural meeting of the Peace Council. The visit combined a substantive political agenda with an extensive economic program and resulted in a number of agreements aimed at further strengthening Uzbek-American strategic partnership and expanding bilateral cooperation across key sectors.

Expanding Participation in Addressing Global Challenges

The Peace Council is an intergovernmental initiative put forward by President Trump within the framework of the Gaza peace plan endorsed by the UN Security Council in November 2025. The establishment of this platform is intended not only to coordinate humanitarian assistance but also to create institutional mechanisms for long-term stabilization, reconstruction, and socio-economic recovery of the Gaza Strip, while reducing the risks of renewed escalation in the Middle East.

The Charter of the Peace Council was signed on January 22, 2026, on the sidelines of the World Economic Forum in Davos. Signatories included leaders and representatives of Azerbaijan, Argentina, Armenia, Bahrain, Bulgaria, Hungary, Indonesia, Jordan, Kazakhstan, Qatar, Morocco, Mongolia, the United Arab Emirates, Pakistan, Paraguay, Saudi Arabia, Türkiye, Uzbekistan, and Kosovo. Subsequently, Belarus, Albania, Cambodia, Egypt, El Salvador, Jordan, and Kuwait officially joined the group of founding states, expanding the Council’s geographic and political representation.

By joining the founding members at the invitation of the U.S. President, Uzbekistan reaffirmed its commitment to peaceful diplomacy, respect for international law, and shared responsibility for maintaining global stability. Uzbekistan recognized Palestine in 1994 and consistently supports the right of the Palestinian people to establish an independent state in accordance with international legal norms and UN resolutions.

Uzbekistan’s policy toward Gaza combines principled political positioning with practical humanitarian engagement. In 2023, Uzbekistan allocated $1.5 mln through UNRWA. In December 2023, 100 wounded Palestinian women and children were evacuated and provided with medical treatment and rehabilitation services. In 2025, Uzbekistan developed a comprehensive state support mechanism for Palestinian citizens received in the country, including asylum procedures, access to healthcare, education for children, and employment assistance. A dedicated fund under the National Agency for Social Protection was established to finance these measures through budgetary and charitable resources.

The inaugural meeting of the Peace Council held on February 19 in Washington brought together leaders and representatives of more than 40 countries. Discussions focused on humanitarian relief, infrastructure restoration, and ensuring the sustainability of the post-conflict recovery process. At the opening of the session, President Trump announced that nine countries – Kazakhstan, Azerbaijan, the UAE, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait – had jointly pledged $7 bn in assistance to Gaza, while the United States committed an additional $10 bn to support the Council’s activities.

In his address, President Mirziyoyev expressed full support for the peace initiative and confirmed Uzbekistan’s readiness to participate practically in its implementation. Particular emphasis was placed on the principle that any external governance framework for Gaza must rely on internal public support in order to ensure legitimacy, stability, and long-term effectiveness.

Highlighting the importance of coordinated international efforts, the President noted that joint actions would help secure the sustainability of the post-conflict process and accelerate socio-economic recovery. Uzbekistan also declared its readiness to contribute to the construction of residential housing, schools, kindergartens, and healthcare facilities in Gaza, thereby supporting both humanitarian and development objectives.

The Palestinian and Gaza issue has remained on the international agenda for decades without a comprehensive solution. In this context, the creation of the Peace Council represents one of the most structured multilateral attempts in recent years to address the crisis, while Uzbekistan’s participation among the founding states reflects the growing recognition of its constructive diplomatic role.

Expanding Trade and Economic Cooperation

Alongside political dialogue, the economic dimension of the visit formed a central pillar of bilateral engagement. In recent years, Uzbekistan and the United States have steadily restored institutional mechanisms of strategic partnership and expanded practical cooperation.

Cooperation with the U.S. Export-Import Bank resumed in 2017 after a 13-year hiatus. Agreements were concluded between Amazon and Uztrade, while science, technology, and economic modernization were identified among priority cooperation areas. In 2018, a $100 mln memorandum on trade financing was signed between Eximbank and Uzbekistan’s National Bank for Foreign Economic Activity. Cooperation with Openbucks supported the development of e-commerce and digital payment infrastructure.

A major milestone was reached in September 2025 during the 80th UN General Assembly in New York, where negotiations between the two presidents resulted in the formation of a portfolio of contracts and prospective projects exceeding $100 bn. The agreements covered aviation, mining and chemicals, energy, finance, and innovation. Specific arrangements included cooperation with Denali Exploration Group on rare earth elements, Re Element Technologies in rare earth metals, Flowserve on modernization of pumping stations, Valmont Industries on water-saving technologies, and Palo Alto Networks in artificial intelligence.

During the Washington visit, President Mirziyoyev held meetings with U.S. Secretary of Commerce Howard Lutnick, Eximbank President John Jovanovic, DFC CEO Ben Black, and U.S. Trade Representative Jamieson Greer. Discussions focused on expanding financing for major industrial and infrastructure projects, supporting high-tech equipment exports, launching a bilateral Investment Platform, advancing Uzbekistan’s WTO accession, and strengthening regional trade cooperation under TIFA. The agreement establishing the Investment Platform was formally signed during the visit.

Additional bilateral documents were concluded covering construction of fuel station networks, sprinkler irrigation technologies, extraction and supply of critical minerals, development of poultry clusters, agro-industrial cooperation, financial market development, and investment climate reforms. The economic agenda was identified as one of the key pillars of Uzbek-American strategic partnership, with priority cooperation areas including critical raw materials, petrochemicals, energy, agriculture, and industrial modernization.

Trade and Investment Dynamics

The intensification of bilateral cooperation has already produced tangible economic results. Between 2017 and 2025, trade turnover increased 4.7-fold from $215 mln to $1 bn. Exports grew 9.1-fold to $291.7 mln, while imports rose 3.9-fold to $712.3 mln.

Exports to the United States are dominated by services (81%), including programming, financial, information, and transport services. Petroleum products account for 8.6%, machinery and equipment 3.7%, food products 3.5%, and industrial goods 3.3%.

Imports from the United States are led by machinery and equipment (59%), including aircraft, vehicles, computing equipment, engines, pumps, and industrial installations. Services account for 20.5%, chemicals 9.7%, industrial goods 3.8%, food products 3.2%, and manufactured goods 2.2%.

Investment cooperation has expanded dynamically. U.S. FDI and loans increased nearly 64-fold from $8.6 mln in 2017 to $383.2 mln in 2025, with cumulative inflows exceeding $2.9 bn. As of February 2026, 346 enterprises with U.S. capital operate in Uzbekistan, including 146 joint ventures and 200 wholly foreign-owned firms. Investments are concentrated in manufacturing, mining, construction, services, and agriculture.

Prospects for Deeper Economic Partnership

Recent dynamics indicate a transition from trade expansion toward long-term technological and industrial partnership. While services dominate exports, significant untapped potential remains in agro-processing, textiles, non-ferrous metallurgy, and higher value-added manufacturing.

Given annual U.S. imports of $118 bn in textiles and apparel, $539 bn in food products, and $213 bn in pharmaceuticals, even limited market penetration could significantly expand Uzbek exports and rebalance their structure.

Technology cooperation represents a separate strategic track. The United States accounts for 45% of Uzbekistan’s IT exports, with 448 of 800 exporters supplying digital services to the U.S. market. The next phase may involve joint industrial production in electronics and microelectronics with companies such as NVIDIA, Intel, and Qualcomm, enabling integration into global value chains.

Energy cooperation could support infrastructure modernization and renewable energy deployment, while pharmaceutical localization and joint R&D with companies such as Pfizer, Johnson & Johnson, and Merck offer additional avenues for technology transfer and investment.

Privatization and PPP initiatives create further opportunities. By 2030, the private sector share in Uzbekistan’s economy is projected to reach 85%, with stakes in 2,000 enterprises planned for sale and $30 bn in PPP projects to be launched. Cooperation with U.S. capital markets, including the NYSE and Nasdaq, may further support the development of Uzbekistan’s financial infrastructure.

Conclusion

President Mirziyoyev’s visit to Washington and participation in the inaugural Peace Council meeting carry both diplomatic and economic significance.

Uzbekistan’s engagement in the Council strengthens its international standing and expands its contribution to addressing global challenges. At the same time, the agreements reached and the expanding portfolio of joint projects elevate Uzbek-American relations to a new stage characterized by deeper institutional cooperation, industrial integration, and long-term strategic trust.

Viktor Abaturov,

Center for Economic Research and Reforms

On 24–25 July, 2026, the city of Samarkand will host the International Forum of Brother Cities.

The forum will serve as an important international platform for dialogue, aimed at expanding Uzbekistan’s international cooperation, strengthening partnerships between cities, and promoting public diplomacy.

The forum program includes:

• An international scientific and practical conference dedicated to developing cooperation between the cities of Uzbekistan and foreign countries;
• Panel sessions and roundtable discussions covering a wide range of sectors;
• Signing ceremonies for memorandums of cooperation and partnership agreements between brother cities;
• Presentations focused on promoting public diplomacy and interregional cooperation;
• Cultural and educational events with the participation of foreign delegations;
• Guided tours of Samarkand’s historical and cultural landmarks;
• Exhibitions showcasing the investment, tourism, and cultural potential of Uzbekistan’s regions.

According to the organizers, the International Forum of Brother Cities will provide a valuable opportunity to strengthen international partnerships, exchange best practices, and foster long-term cooperation.

Dunyo IA

The eighth Consultative Meeting of the Heads of State of Central Asia and Azerbaijan, scheduled for 8 October 2026 in Awaza, lends particular significance to the strategic partnership between Uzbekistan and Turkmenistan. The agenda proposed by Turkmenistan covers security, the economy, energy, transport, water resources and humanitarian ties. In each of these areas, cooperation between Tashkent and Ashgabat can deliver benefits for the region as a whole.

Against a backdrop of global instability and the restructuring of Eurasian logistics networks, this partnership is becoming a pillar of regional stability. Its broader significance rests on a combination of political trust, complementary economies and responsibility for shared resources. Coordination between the two neighbours creates a more predictable environment for trade, investment and long-term planning across Central Asia.

From Strategic Partnership to Regional Trust

The 1996 Treaty of Friendship, Cooperation and Mutual Assistance laid the foundations for bilateral relations. A new stage began in March 2017, when President Shavkat Mirziyoyev made his first foreign visit as head of state to Turkmenistan. The visit culminated in the signing of the Treaty on Strategic Partnership. The Declaration of 21 October 2022 reaffirmed the commitment to deepening this partnership, expanding economic ties and strengthening cooperation on the international stage.

The settlement of border issues through negotiated agreements is equally significant. On 10 November 2017, Uzbekistan, Turkmenistan and Kazakhstan signed a treaty concerning the area where their state borders meet. Such agreements strengthen regional trust and provide legal certainty for the development of cross-border cooperation.

Regular dialogue between Shavkat Mirziyoyev, President Serdar Berdimuhamedov and the National Leader of the Turkmen People, Gurbanguly Berdimuhamedov, ensures continuity in this approach. The state visit of the President of Turkmenistan to Uzbekistan in November 2025 gave fresh impetus to cooperation. Agreements were signed on border trade, agriculture, healthcare and ties between the regions of the two countries. Political trust is steadily being translated into practical mechanisms for joint action.

Ashgabat’s diplomatic engagement plays a particular role. On Turkmenistan’s initiative, the UN General Assembly adopted the resolution “Zone of Peace, Trust and Cooperation of Central Asia” on 28 July 2022, with Uzbekistan among its co-sponsors. The resolution secured international political support for regional dialogue and the peaceful settlement of disputes. By advancing this agenda, Turkmenistan assumes an important responsibility for strengthening trust in Central Asia. This approach is consistent with Uzbekistan’s policy of good-neighbourly relations: joint efforts to prevent risks create the conditions needed for national development programmes and regional projects.

Economic Cooperation as a Foundation for Integration

Trade growth demonstrates the economic foundations of closer ties. According to Uzbekistan’s National Statistics Committee, bilateral trade rose from $177.9 million in 2017 to $1.2 billion in 2025, an increase of approximately 6.8 times. In January–August 2026, it reached $807.4 million, up 5.7 per cent on the same period of the previous year.

A free trade regime has been in effect since 25 February 2025, eliminating customs duties on goods originating in the two countries, subject to certain exceptions. In November 2025, the Shavat–Dashoguz border trade zone opened, bringing together trading, warehousing and service facilities. It enables businesses to store and sell products, complete shipment formalities and access essential services in one location. The two sides agreed to extend this model to the Alat–Farap area. Establishing a similar zone between Bukhara Region and Lebap Province would bring more local producers into direct trading relationships.

These arrangements are turning border areas into centres of economic cooperation. Simpler trade and border procedures reduce business costs and create more opportunities for small enterprises and employment. Bilateral cooperation provides a practical setting for developing solutions that can subsequently be discussed at Consultative Meetings and applied across the wider region. This approach builds integration around measurable benefits for producers and local communities.

The leaders’ target of increasing bilateral trade to $2 billion calls for closer industrial cooperation, including in the production of construction materials, pharmaceuticals and food products.

Joint processing activities and the manufacture of finished goods could diversify both countries’ exports and strengthen regional production links. Cooperation in the purchase, supply and transit of gas and electricity complements these efforts. It offers Uzbekistan opportunities to secure reliable energy supplies for its growing economy, while enabling Turkmenistan to expand its export markets. Predictable supplies provide a more stable basis for industrial cooperation in Central Asia.

From Landlocked Geography to Eurasian Connectivity

Turkmenistan provides Uzbekistan with access to the Caspian Sea and, through the South Caucasus, to Europe. Uzbekistan’s infrastructure, in turn, connects Turkmen businesses with markets elsewhere in Central Asia. The Turkmenabat–Farap bridges, opened in 2017, strengthened this connection. Its further development marks a shift from the constraints of being landlocked towards becoming active, land-linked hubs in international transport networks.

The Awaza Programme of Action for Landlocked Developing Countries for the Decade 2024–2034 provides a global framework for this transformation. Adopted by the UN General Assembly on 24 December 2024, it was endorsed at the Third UN Conference on Landlocked Developing Countries in Awaza in August 2025. Hosting the conference and advancing its outcomes highlight Turkmenistan’s role in mobilising international support for transport connectivity, trade and climate resilience. For Tashkent and Ashgabat, this is a shared agenda for overcoming geographical constraints on development.

Practical steps include the trilateral dialogue between Uzbekistan, Turkmenistan and Azerbaijan, launched at the highest level in Awaza in August 2025, and the November agreement on the joint development of the Port of Turkmenbashi. Azerbaijan’s full participation in the Consultative Meetings creates further opportunities to coordinate Caspian transport operations. Priorities include through tariffs, electronic documentation and coordinated border-crossing operations, which are essential to turning infrastructure into a competitive transport route.

Combining Caspian and southern transport links with existing routes gives exporters across Central Asia more options and expands transport opportunities along the East–West and North–South axes. This reduces exposure to disruptions on individual routes, strengthens the region’s economic autonomy and improves its position in Eurasian trade. In this area, the value of the partnership is measured by the reliability of deliveries and access to external markets.

The Amu Darya: Water Security and Preventive Diplomacy

Cooperation on the Amu Darya, Central Asia’s largest river by discharge, directly links the resilience of both countries to the security of the entire basin. For countries along its middle and lower reaches, coordinated water use is essential to irrigation, energy supply, food security and the preservation of ecosystems in the Aral Sea region.

The intergovernmental Agreement on the Management, Protection and Rational Use of the Water Resources of the Amu Darya River, signed on 14 July 2022, strengthened the legal framework for cooperation. The fifth meeting of the Joint Water Management Commission, held in Khiva on 30 January 2026, addressed improvements in water accounting and monitoring, modern technologies and adaptation to climate change. Regular data exchange and coordinated action help the two countries anticipate water shortages and reduce the risk of disagreements.

The reliable operation of the Tuyamuyun hydraulic complex, which combines flow regulation, irrigation and electricity generation, is particularly important. Joint expert work has examined sedimentation in its channel reservoir. Sediment accumulation reduces water storage and flow-regulation capacity. Modernisation of the complex, water conservation and the reduction of losses in irrigation networks should therefore be treated as interconnected tasks in ensuring water and energy security.

Tashkent and Ashgabat share the task of establishing lasting water cooperation with all countries in the basin, including Afghanistan. In 2023, Shavkat Mirziyoyev proposed jointly studying the impact of the Qosh Tepa Canal on the flow regime of the Amu Darya and considering the involvement of Afghan representatives in regional water dialogue. Both countries attach fundamental importance to balancing Afghanistan’s economic development with the need to maintain reliable water supplies downstream. Achieving this balance requires joint assessments of the impact of new projects, the exchange of reliable data, agreement on water withdrawal parameters and consideration of each other’s interests. This gives the dialogue on the Qosh Tepa Canal significance for the entire region.

This illustrates the preventive role of water diplomacy: reaching agreement in advance reduces vulnerability to drought and the associated food security and humanitarian risks. The experience of Uzbekistan and Turkmenistan can strengthen basin-wide cooperation and engagement between upstream and downstream countries. Its effectiveness matters to the entire region because the consequences of a water crisis extend beyond national borders.

Awaza and Central Asia’s Long-Term Prospects

The “Central Asia 2040” Concept for the Development of Regional Cooperation, adopted in Astana in 2024, provides a long-term framework for joint action. The forthcoming meeting in Awaza offers an opportunity to translate that framework into practical decisions. The Uzbek–Turkmen partnership contributes concrete elements to this agenda: production links, reliable energy supplies, access to Caspian and southern transport routes, and responsible water use. Together, these areas strengthen the ability of the region’s states to shape their own development paths.

Lasting cooperation requires support from society and professional communities. Expanding cultural and people-to-people ties is particularly important in this regard. A shared cultural heritage and appreciation of the works of Alisher Navoi and Magtymguly Pyragy sustain mutual interest between the two peoples. The Days of Turkmen Culture and screenings of Turkmen films held in Urgench and Tashkent in 2025 were followed by agreements on regular exchanges. The Cultural Cooperation Programme for 2026–2027 provides a basis for bringing the two countries closer together. Joint educational programmes and the training of specialists in water management, logistics and industry could make a valuable further contribution.

Expert dialogue is also intended to support these processes. In November 2025, the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan and the Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan signed a memorandum establishing an Uzbek–Turkmen Expert Council. This mechanism creates opportunities to assess regional risks jointly and develop proposals on trade, transport and water use. Its practical value lies in providing research-based input into interstate decisions while taking account of the interests of businesses and the public.

The new stage in the partnership between Tashkent and Ashgabat is thus defined by its contribution to the broader framework of security and sustainable development. By translating political trust into accessible markets, reliable transport and infrastructure links, and coordinated resource management, the two countries strengthen the foundations of regional cooperation. This is their strategic contribution to the future of Central Asia as a region of good-neighbourly relations, economic interconnectedness and open engagement with the Caspian basin and other parts of Eurasia.

Vladislav Tyan
Leading Research Fellow
Institute for Strategic and Regional Studies
under the President of the Republic of Uzbekistan

Dear compatriots!

I cordially congratulate you, the multinational people of Uzbekistan on the coming New Year 2025.

Despite the difficult situation in the world, the outgoing year has been prosperous for our country.

Thanks to the selfless labor, socio-political activity of our people, the idea of New Uzbekistan is becoming a reality.

The past elections to the Oliy Majlis and local councils have reaffirmed that we have entered a new stage of democratic reforms.

New high-tech industrial complexes, infrastructure and logistics networks, roads and railroads have been built in the country, business, IT and tourism spheres are developing. The incomes and quality of life of the population are increasing.

Our skillful dehkans and farmers, clusters have harvested rich crops. The whole country is being improved.

Kindergartens and schools, universities, cultural and sports facilities are being built. Thousands of our compatriots are welcoming the New Year in new homes.

Our energetic, enterprising young people are achieving success in all spheres. Their record achievements at the Olympic and Paralympic Games have opened a new page in the history of national sport.

The role and influence of civil society institutions, including the mahalla, are being strengthened. The sphere of spirituality and enlightenment is developing. Our country's initiatives of global significance are receiving broad support.

Uzbekistan's authority in the international arena as a competitive country and a reliable partner is growing.

All this has become possible thanks to sustainable development, the atmosphere of friendship and harmony in our society.

On this festive evening, I express my sincere gratitude to you, my dear ones, to all our people-creators for your conscientious labor and service to the Motherland.

Dear friends!

We have declared 2025 the Year of Environmental Protection and Green Economy.

Our main goal is to create a sustainable balance between the economic system and our environment. We will create even greater business opportunities.

We will resolutely continue to work to ensure the inviolability of private property and actively attract foreign investment.

The focus will be on the social sphere, increasing wages, pensions, scholarships and benefits.

We will mobilize all forces and opportunities to bring up our children harmoniously developed, with modern knowledge and professions.

We will increase attention to the development of science, education, health care, culture, art and sports.

We will continue to prioritize the care of veterans, women and youth, as well as improving the effectiveness of social protection.

We will raise to a new level the work on strengthening the potential of our Armed Forces, support for servicemen and their families.

In a word, all together, united, we will act to realize the main principle - “In the name of man, in the name of his happiness!”.

Dear friends!

Once again, I sincerely congratulate you - our compatriots abroad, as well as partners and friends of Uzbekistan around the world - on this wonderful holiday.

I wish you health, happiness, prosperity and well-being to every family, to our beloved Motherland!

May all our good dreams and hopes come true!

May our native Uzbekistan prosper!

Happy New Year to you, my dear ones!



Shavkat Mirziyoyev,

President of the Republic of Uzbekistan

The third decade of the 21^st century is shaping up to be a complex yet opportunity-rich period for the international relations system.

In this context, trust can be viewed today as a unique form of developmental capital. This is because in an environment where political trust exists, economic cooperation expands, investment climates improve, transport and logistics links develop and scientific and technological exchanges accelerate. Most importantly, nations begin to seek solutions to common problems through collaboration rather than in isolation.

Central Asia’s role as a region of peace, trust, and cooperation has also achieved international recognition within the framework of the United Nations General Assembly. In 2025, Uzbekistan delegation to the UN emphasized that joint efforts aimed at strengthening mutual trust, expanding economic and humanitarian ties and ensuring stability in Central Asia are shaping a new regional agenda based on equality, solidarity and shared responsibility. 

Adoption of a resolution at the UN General Assembly in May 2026, aimed at strengthening regional cooperation and economic integration to ensure sustainable development in Central Asia, served as a logical continuation of this process. It places special emphasis on promoting innovation, creating new jobs, ensuring long term sustainable economic growth and further developing good-neighborly relations among Central Asian nations.  

In Uzbekistan’s contemporary foreign policy, transforming Central Asia into a peaceful, stable and prosperous region is viewed as a top priority. The Consultative Meetings of the Heads of State of Central Asian nations have become an important mechanism for coordinating positions, advancing shared initiatives and strengthening mutual trust on an institutional basis. 

Today's Asia is one of the leading spaces for the global economy, industry, innovation and technological progress. However, the long-term future of the continent is not determined solely by economic growth rates. Asia's true potential also depends on the ability of states with diverse political, economic, and cultural systems to cooperate around shared interests. 

From this perspective, the meaning of “connectivity” in modern international relations is also evolving. While it was previously explained primarily through transport and trade routes, today it manifests as a complex phenomenon encompassing transport, energy, digital infrastructure, science, education and people-to-people ties. 

A technological innovation created in one country can increase the efficiency of another nation's economy, and joint scientific research can offer a solution to a pressing issue for the entire region. For this reason, the new Asian model must rely not only on the movement of goods and capital but also on the free exchange of knowledge, technology and human capital. 

In this regard, the cooperation between Central Asia and the Republic of Korea serves as a promising example. At the first “Central Asia – Republic of Korea” Summit held in Seoul in September 2026, security, practical economic cooperation and humanitarian exchanges were discussed as priority areas. Uzbek side particularly emphasized the open, pragmatic, and constructive nature of this partnership. 

Value of such formats lies in the fact that they enrich traditional diplomatic relations with concrete economic, technological, scientific and educational projects. As a result, mutual trust transcends the level of political declarations and begins to manifest in practical outcomes. 

One of the strongest foundations for sustainable peace is mutual understanding between people. Education, science and culture play an incomparable role in shaping it. 

Political agreements establish the legal and institutional framework for relations between states. However, long-term trust between nations is primarily strengthened by people who understand each other's language, history, culture and values. 

Therefore, viewing universities merely as educational institutions that train personnel no longer fully meets the demands of the modern era. A modern university is a space where scientific ideas are generated, different cultures engage in dialogue, youth gain international experience and long-term intellectual ties are formed between states. 

Educational cooperation between Uzbekistan and the Republic of Korea

demonstrates noteworthy experience in this regard. Cooperation in higher education, vocational training, science and technology is expanding, making education a vital area of bilateral relations that shapes human capital. In particular, the need to train specialists who do not simply import modern technology but understand, adapt and develop it under local conditions is becoming increasingly urgent. 

Conceptual significance of this approach is that the education-science innovation-production chain ensures the stability of international cooperation alongside economic development. Joint scientific laboratories, academic exchange, mobility of professors and students, and international research projects build professional trust between states. Over time, professional trust transforms into intersocietal trust.  In this sense, international cooperation focused on education can be evaluated as a long-term investment in peace. Looking at this issue through the example of Bukhara, one can see a unique continuity between history and the present day. As one of the vital crossroads of the Great Silk Road, Bukhara has served for centuries not only as a hub for trade but also for science, education, culture and the exchange of ideas. 

This historical experience carries significant meaning for the modern era as well. Having connected peoples and civilizations through caravan routes in ancient times, Bukhara can contribute to dialogue between different countries today through international education, scientific cooperation and academic diplomacy. 

At Bukhara State University, we approach international cooperation precisely from this perspective. Joint educational programs with foreign higher education institutions, scientific research, international conferences, academic mobility and the exchange of professors and students are not isolated directions of the university's international activity. They serve a single purpose — bringing peoples closer together through knowledge and strengthening mutual trust through scientific cooperation. 

In this process, role of youth is especially critical. A student participating in an international academic program today may become a scientist, engineer, entrepreneur, diplomat or public administration specialist tomorrow. Their experience of communicating with representatives of other nations and cultures today will undoubtedly influence their future professional decisions. 

Therefore, it is not enough to evaluate the results of cooperation between universities simply by the number of signed memorandums or implemented projects. Its most significant outcome is the formation of a new generation that understands one another and can cooperate for the sake of common goals. 

United Nations Sustainable Development Goals also define the formation of peaceful and inclusive societies as an indispensable condition for sustainable development. This approach is no coincidence. Where there is no peace, long-term investment is difficult; in an unstable environment, scientific research and innovation slow down; and under conditions of distrust, states are forced to spend their resources on risk management rather than development.  Therefore, when thinking about sustainable development in Asia, it is necessary to view three interconnected concepts as a single whole: peace, trust and human capital. Peace creates a stable environment for development. Trust expands cooperation between states, institutions, and societies. Human capital, in turn, transforms these opportunities into scientific, technological, economic and social outcomes. 

Support for the initiative to strengthen regional cooperation and economic integration in Central Asia at the UN General Assembly in 2026 also shows the intrinsic link between peace, good-neighborliness, and sustainable economic development. 

In today's environment, Asia's future is determined not by the isolated success of a single state, but by the capacity of regional states to collectively find solutions to shared problems. Climate change, water resources, ecological safety, energy, food supply, digital transformation and technological progress are issues that are not restricted by national borders. Their solution also demands transnational cooperation. 

Therefore, modern era requires us to understand peace not merely as the absence of conflicts, but as an active socio-political environment that creates opportunities for development. Trust should be evaluated not as an abstract category of diplomatic relations, but as a practical mechanism for economic and intellectual cooperation.

Asia's progress in the 21st century largely depends on the degree to which we strengthen trust between states, how effectively we establish dialogue, and our ability to place common interests above competition. 

New cooperative environment emerging in Central Asia demonstrates important experience along this path. Open dialogue, good-neighborliness, economic integration and scientific and humanitarian exchanges are shaping a qualitatively new stage of relations between states.  The task now is to further deepen this trust through strong institutions, joint economic and scientific projects, academic exchanges, cultural dialogue and youth cooperation.  After all, peace is not just today's tranquility — it is an opportunity created for future development. Trust, on the other hand, is the force that realizes this opportunity.  Peace builds trust, trust expands cooperation and cooperation creates a solid foundation for sustainable development and shared prosperity.  This principle must become the most essential substance of Asia's future development paradigm.

Obidjon Khamidov 

Rector of Bukhara State University

Expanding Uzbekistan’s exports and developing industrial cooperation require reliable logistics, access to capital, and stable and predictable conditions in foreign markets. These objectives occupy an important place on the economic agenda of the Conference on Interaction and Confidence Building Measures in Asia (CICA), which brings together 28 member states. The Seventh CICA Summit is scheduled to take place in Baku on 15 October 2026. It will be held during Azerbaijan’s chairmanship, whose priorities include connectivity, digitalization, and sustainable growth.

CICA members include some of Uzbekistan’s key trading partners. In the first half of 2026, China, Russia, Kazakhstan, Türkiye, and Afghanistan together accounted for approximately 53 percent of the country’s total foreign trade turnover. The multilateral platform complements established bilateral relations in areas where the organization of transportation or implementation of investment initiatives requires coordinated participation by several countries.

Cooperation with CIS countries occupies an important place in Uzbekistan’s foreign economic relations. Uzbekistan’s trade turnover with the Commonwealth countries increased from USD 11.8 billion in 2020 to USD 28.1 billion in 2025. In January–July of this year, trade turnover reached USD 18.3 billion, representing a growth rate of 122.7 percent. As of the beginning of August, approximately 5,800 enterprises with capital participation from Russia, Kazakhstan, Azerbaijan, and Tajikistan were operating in Uzbekistan.

Access to different markets requires a network of complementary transport corridors that makes it possible to select delivery routes based on their cost and transit time. At the CICA Summit in Astana in 2022, President Shavkat Mirziyoyev identified the development of production and logistics links between Central Asia and South and East Asia, as well as the Middle East, among the key economic priorities. The knowledge economy and modern technologies were also highlighted as priority areas.

Practical aspects of this agenda were discussed in June 2026 at the Second Termez Dialogue on Connectivity between Central and South Asia. Held with the participation of the CICA Secretariat, the event brought together representatives of 17 CICA member states. Discussions on multimodal routes and digital logistics were accompanied by a visit to the infrastructure of the Termez Cargo Terminal and the Ayritom International Trade Center, which facilitate freight transportation and trade between the regions.

Links with ports in the Caspian region complement the overland transport network by providing access to maritime routes. The conference of heads of ports of CICA member states, held in Baku in September, focused on coordinating maritime, rail, and road transportation, cargo handling, and cooperation among operators.

The transport agenda is closely linked to ongoing work within the CIS aimed at harmonizing technical requirements, ensuring mutual recognition of conformity assessment results, and eliminating non-tariff barriers. Electronic document management helps reduce the time required for cargo clearance and control procedures.

Direct ties between regions and businesses facilitate the identification of partners and platforms for joint projects involving technology transfer, industrial automation, and the development of new materials. Strengthening such ties was a key focus of the First CIS Forum of Regions held in Tashkent in 2025. The CICA Business Council provides additional opportunities for business engagement by promoting cooperation among business associations of CICA member states.

At the CIS Innovative Industry Forum held in Tashkent in April 2026, participants discussed the application of artificial intelligence and cooperation between science and industry.

For small and medium-sized enterprises, participation in such value chains creates opportunities to manufacture components and provide specialized services to large industrial enterprises.

The preparation of joint projects also requires coordination of financing sources. The CICA Financial Summit serves as an additional platform for engagement with relevant national institutions. Its first meeting was held in Astana on 8 September 2026. Its consultative agenda covers development finance, investment cooperation, and digital solutions. For Uzbekistan, this provides an opportunity to present initiatives in logistics, energy, and industry to potential investors and discuss the terms and conditions for their implementation.

Participation in multilateral formats enables Uzbekistan to build on established partnerships when entering new markets and preparing joint projects. The economic impact of such cooperation is reflected in the establishment of new production facilities, long-term export contracts, and an increase in the value added generated in Uzbekistan.

President Shavkat Mirziyoyev reviewed a presentation on measures for ensuring population’s employment and poverty reduction based on new approaches.

This year it’s planned to ensure employment of 5.2 million citizens and bring out of poverty 1.5 million people. For the first time 60 districts and cities will become territories free of poverty and unemployment. 

Jointly with mahalla bankers it’s planned to ensure constant employment for 1.5 million people and attract more than 2 million citizens to businesses. For this purpose it’s planned to allocate a total of 120 trillion soum of credit resources for small business projects. 

Based on best foreign practices, new approaches to poverty reduction will be introduced in 32 areas. In particular, solar power plants with a total capacity of 107 megawatts will be built in 300 complex mahallas, and members of low-income families will be hired to operate them on a cooperative basis.

In 123 districts, low-income citizens will be offered work on the creation of forest and nursery lands on 20 thousand hectares, as well as the cultivation of medicinal plants. They will be paid a subsidy of 375 thousand soums for every 100 trees planted.

In places with tourism potential it is planned to open guest houses and catering outlets, and at a number of post offices - e-commerce centers, where representatives of low-income families will also get jobs.

A total of 6.472 mahallas in 2025 will implement projects based on new approaches, which will help lift 210 thousand people out of poverty.

Special attention will be paid to remote villages with particularly difficult conditions. In them, the Association of Mahallas of Uzbekistan will take measures to foster a spirit of entrepreneurship, reduce dependency and support labor activity of low-income families.

The Head of State reiterated that 2025 will be decisive in reducing unemployment and poverty, and gave instructions to ensure a systematic and targeted approach to the implementation of the presented measures.

The Ministry of Employment and Poverty Reduction is tasked with strictly monitoring the implementation of these tasks. Each initiative and each activity will be entered into an electronic platform with subsequent verification of the created jobs on the tax base.

The importance of organizing training for the staff of local khokimiyats and “ mahalla seven”, as well as promotion of best practices was also noted.

Today, climate change stands as one of the most urgent and complex global challenges, with its negative effects being particularly acute in ecologically fragile regions under high anthropogenic pressure. One such area is the Aral Sea region, where the consequences of climate change are having a far-reaching impact on the state of natural resources, the living standards of the population, and economic activities.

The desiccation of the Aral Sea has led to a sharp change in the region's microclimate, an increase in air temperature, a decrease in precipitation, intensified wind activity, and a greater frequency of dust and sand storms. These processes are causing land degradation, water scarcity, and a decline in biodiversity. Consequently, agricultural productivity is diminishing, the pressure on drinking water supplies is mounting, and a serious threat to public health is emerging.

Climate change adaptation measures in the Aral Sea region primarily encompass a comprehensive set of actions aimed at sustainable water resource management, strengthening hydro-technical infrastructure, establishing protective forest plantations on the dried seabed, reducing land degradation, conserving biodiversity, and enhancing the climate resilience of the population.

In the New Uzbekistan, the issue of adapting to climate change is one of the priority directions of state policy.

Under the leadership of President of Uzbekistan Shavkat Mirziyoyev, numerous initiatives are being advanced at the international level to ensure environmental sustainability, protect natural resources, and adapt to climate change.

Notably, on the initiative of the President of the Republic of Uzbekistan, a special resolution "On declaring the Aral Sea region a zone of environmental innovations and technologies" was adopted at the 75th session of the UN General Assembly on May 18, 2021.

Today, programs aimed at transforming the Aral Sea region into a zone of environmental innovations and technologies, developing green infrastructure, and increasing the population's resilience to climate change are being consistently implemented. This is crucial for combating the negative environmental and public health consequences of the Aral Sea's desiccation, addressing the resulting problems, and improving the living conditions of the local population by ensuring their employment.

In his speech at the 80th session of the UN General Assembly in September 2025, the leader of Uzbekistan will emphasize that the negative consequences of the Aral Sea's desiccation must remain a constant focus of the global community. It will be noted that in recent years, 2 million hectares of salt-tolerant desert plants have been planted on the dried seabed, and by 2030, green cover will be established across 80 percent of this area.

The International Fund for Saving the Aral Sea (IFAS) is a key institutional center that develops practical solutions for climate change adaptation.

The Agency of the International Fund for Saving the Aral Sea (IFAS), operating within the IFAS system, plays a crucial role in implementing climate change adaptation measures in the Aral Sea region.

Specifically, within the framework of the "Creation of Small Water Bodies in the Amu Darya Delta (Phase II) " project, mechanisms for a stable water supply to the lake system have been improved. This is enabling the redistribution of water resources, regulation of the hydrological regime, and strengthening of the region's ecological balance.

In parallel, the reconstruction of the Muynak Canal has significantly increased its water conveyance capacity. Water distribution efficiency has improved, the water supply to the lakes has stabilized, and water losses have been considerably reduced.

Furthermore, as part of the reconstruction of the "Ribache" reservoir dam, hydraulic structures were reinforced, water discharge systems were modernized, and the risk of erosion was significantly diminished. This contributes to strengthening water security and ensuring the effective and rational use of water resources.

In the area of ecological restoration, protective forests are being established in the Akhantay and Akkum areas. Forest reclamation measures carried out on the dried seabed are helping to reduce wind erosion and salt migration processes. Through these efforts, the microclimate in the region is stabilizing, and landscape degradation is being prevented.

At the same time, the social dimension is also vital for ensuring environmental sustainability. To this end, competitions, educational campaigns, and promotional events aimed at raising ecological awareness among youth are regularly organized.

Additionally, modern models for the sustainable use of water and land resources are being introduced for the local population and farms. In this process, special attention is focused on the widespread adoption of water-saving technologies, effective management of land resources, rational land administration, and the implementation of agricultural practices adapted to climate change.

As a result of these measures, it is possible not only to mitigate environmental problems but also to raise the population's standard of living, ensure economic stability, and strengthen the region's resilience to climate change.

A Digital and Scientific Approach: A New Stage in Climate Adaptation

At the current stage, climate change adaptation processes are not limited to traditional methods but are being integrated with modern digital technologies and scientific approaches. Specifically, these include:

- real-time monitoring of hydrological and meteorological data;

- analyzing the condition of territories based on satellite imagery;

- planning and optimal allocation of water resources;

- and collecting and managing data through digital platforms.

These approaches enable the early detection of climate change impacts, the reduction of risks, and the efficient use of resources.

At the same time, international cooperation is crucial for the effective implementation of climate change adaptation measures in the Aral Sea region. In particular, through collaboration with the Swiss Agency for Development and Cooperation (SDC), efforts are underway to enhance the region's climate resilience through sustainable water resource management and the introduction of integrated approaches.

Additionally, in partnership with the Global Water Partnership (GWP), mechanisms for ensuring water security and the rational use of resources are being developed. Meanwhile, projects implemented with the Organization for Security and Co-operation in Europe (OSCE) involve monitoring the ecosystems of the Aral Sea's wetlands to assess the impacts of climate change and develop adaptation measures.

Adapting to climate change in the Aral Sea region is not merely about addressing environmental problems; it is a fundamental condition for achieving sustainable development.

The ongoing systemic reforms show that through a scientific approach, modern technologies, and institutional cooperation, sustainable solutions can be achieved even amid the most complex environmental crises.

The primary task now is to prioritize climate change adaptation in every sector and integrate it into our way of life.

This is because adapting to climate change is not just a present-day task, but a strategic responsibility to future generations.

Birodarjon Burkhonjonov,

Head of the Agency of the International Fund for Saving the Aral Sea.

A comprehensive monitoring of key business activity indicators across Uzbekistan’s regions points to growth across all major metrics.

Based on operational data from the Tax Committee, Customs Committee, Central Bank, and the Uzbek Republican Commodity Exchange, the Center for Economic Research and Reforms (CERR) continues to monitor business activity across the regions of the Republic of Uzbekistan.

As of March this year, tax revenues demonstrated steady positive momentum, increasing by 54% compared to the same period last year.

The most notable growth in revenues was recorded in the Navoi, Syrdarya, Tashkent, and Khorezm regions, as well as in the city of Tashkent, where average growth rates reached 33%.

Personal income tax revenues rose by 15.2%, property tax revenues by 10.7%, and land tax revenues by 33.8%.

Customs revenues increased by 19.5%. The highest growth rates were recorded in the Navoi region, up 77.6%, and the Namangan region, up 64.2%.

Stable positive dynamics were also observed in the Fergana and Samarkand regions, as well as in the Republic of Karakalpakstan, where revenues increased by an average of 32%.

Analysis of foreign economic indicators shows that merchandise exports rose by 30%. The strongest export growth was recorded in the Navoi region, up 71.4%, and the Tashkent region, up 52.4%. Export growth was also observed in the Samarkand region (30.6%), Namangan region (29.3%), and Bukhara region (27.2%).

At the same time, lending activity expanded significantly. During the reviewed period, the volume of loans issued by commercial banks increased by 9.1%. The highest growth was recorded in the Samarkand region (+69.5%). In the Bukhara, Khorezm, Fergana, and Tashkent regions, lending growth averaged more than 43%.

The active development of the private sector is also reflected in a substantial increase in the number of newly established business entities. In March this year, 22,443 new enterprises were registered. The largest numbers were recorded in the Tashkent region (2,276), Khorezm region (2,035), Samarkand region (1,854), Fergana region (1,626), and the city of Tashkent (4,759).

Trading volume on the Uzbek Republican Commodity Exchange increased by 20.8%. The highest growth in exchange activity was recorded in the Syrdarya region, where activity rose by 68.4%. Additional strong growth was observed in the Syrdarya, Bukhara, Navoi, Namangan, and Surkhandarya regions, as well as in the city of Tashkent, where average growth reached 33%.

Sultonmurod Ozodov, CERR

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Today, the Consultative Meetings of the Heads of State of Central Asia provide the region’s leaders with a regular platform to align their positions on issues that shape the future of Central Asia as a whole. Over the course of eight summits, direct dialogue has evolved into sustained engagement at the level of national coordinators, relevant ministries and agencies, regions, and business communities. From an economic perspective, it is particularly important that trade, industry, transport, and investment are being addressed with due consideration for the interdependence of national development plans.

Central Asia has arrived at its current model of cooperation within a relatively short period of time. In 2017, President Shavkat Mirziyoyev proposed holding regular meetings of the region’s leaders, and the first such meeting took place in Astana in March 2018. The format was built around direct dialogue, allowing the states themselves to define the range of common issues and coordinate their positions in areas where results depend on the actions of neighboring countries. At the same time, the format has retained its fundamentally consultative nature, based on the independence of its participants.

As the scope of cooperation expanded, the necessary mechanisms were gradually established. In 2021, the establishment of a Business Council was proposed. In 2022, the Treaty on Friendship, Good-Neighbourliness and Cooperation for the Development of Central Asia in the 21st Century was signed. The Council of National Coordinators was established in 2023, and a year later the Central Asia 2040 Concept for the Development of Regional Cooperation was adopted. In this way, political dialogue acquired an institutional and legal framework between summits while preserving the flexibility of the original format.

Uzbekistan’s chairmanship in 2025 significantly strengthened sectoral cooperation. More than 20 major sectoral and interregional events were held, including the Interregional Cooperation Forum at the level of deputy prime ministers. Ahead of the Seventh Consultative Meeting in Tashkent, the first meeting of the Council of Ministers of Trade and Investment of the Central Asian countries and Azerbaijan was held. Discussions focused on practical objectives: increasing mutual trade to USD 20 billion, establishing production facilities under the “Made in Central Asia” brand, and attracting international financial institutions to infrastructure and industrial projects.

The current scale of economic ties makes it possible to pursue more ambitious objectives. By the end of 2025, Uzbekistan’s trade turnover with the Central Asian countries had reached USD 8.3 billion, an increase of 15.2 percent. In the same year, the volume of direct investment and loans attracted from countries in the region amounted to USD 1.3 billion. Growing trade and investment activity is creating a foundation for deeper industrial cooperation and the development of production chains among enterprises across the region.

This is the underlying rationale of “Made in Central Asia.” Enterprises from several countries can participate in the creation of a final product by distributing individual stages of production among themselves. For Uzbek businesses, such a model expands the pool of potential customers and enables production to be planned in response to demand beyond the domestic market. A practical foundation is already taking shape: an Action Plan for the Development of Industrial Cooperation for 2025–2027 has been approved, bilateral investment funds have been established, cross-border trade zones and industrial cooperation centers are being developed, and joint sectoral projects are being implemented.

The economics of production chains is directly dependent on logistics. The China–Kyrgyzstan–Uzbekistan railway, as well as the Trans-Afghan and Trans-Caspian routes, involve different groups of participating countries.

The consultative platform provides an opportunity to coordinate countries’ infrastructure plans, border crossing operations, and logistics hubs in advance. In 2025, Uzbekistan proposed establishing an Infrastructure Development Council at the level of deputy prime ministers in order to place such coordination on a permanent footing.

A more favorable business environment is also being shaped through decisions taken in bilateral and trilateral formats. Since 2023, citizens of Uzbekistan and Kyrgyzstan have been able to cross the shared border using ID cards. In 2025, Uzbekistan, Kyrgyzstan, and Tajikistan signed a treaty on the junction point of their state borders. These measures facilitate travel, business contacts, and cross-border trade.

Azerbaijan’s accession as a full-fledged participant in November 2025 expanded the permanent dialogue toward the South Caucasus and brought into the format a country located along the continuation of the Trans-Caspian routes. This makes it possible to address trade, transport, energy, and investment issues within a broader economic geography.

At the same time, the planning horizon is expanding. The Central Asia 2040 Concept established long-term priorities, while at the Tashkent summit Uzbekistan proposed developing a Comprehensive Regional Program for Trade and Economic Cooperation through 2035, adopting a Declaration on a Common Investment Space, and introducing a joint program for the development of e-commerce. For businesses, these initiatives create a more predictable horizon for planning investments, supply chains, and entry into neighboring markets.

Uzbekistan’s proposal to move toward a strategic “Central Asian Community” format also fits within this longer-term perspective, with the aim of strengthening continuity in the implementation of long-term infrastructure, industrial, and investment initiatives.

Following the conclusion of Uzbekistan’s chairmanship, the focus continued to shift toward new forms of economic connectivity. At the informal meeting of the heads of state of Central Asia and Azerbaijan in July 2026, Uzbekistan proposed substantive work on integrated industrial and technological value chains, shared digital services, and investment platforms.

The mechanisms developed in recent years make it possible to connect suppliers across several countries, establish production facilities serving broader markets, attract capital to projects of regional scale, and incorporate logistics considerations from the earliest stages of investment planning. The established channels of cooperation facilitate the transition from strategic priorities to concrete projects while preserving each state’s independence in decision-making. Translating high-level agreements into programs and measurable results is what defines the substance of the next stage.

For Uzbekistan, this represents a qualitatively new scale of regional economic policy. Central Asia is becoming a space where coordinated decisions expand the potential market for national enterprises, connect production capacities, open new routes, and strengthen the foundation for investment. This is precisely where the strategic significance of the platform lies: the countries of the region are themselves shaping the conditions for long-term growth, while Uzbekistan consistently advances initiatives that translate the potential of good-neighborly relations into tangible economic opportunities.

In January, growth in the business climate was mainly driven by an outpacing increase in the expectations component. The agricultural sector and services became the key drivers of business confidence.

The Center for Economic Research and Reforms (CERR) presented the results of its business climate analysis based on monthly surveys of entrepreneurs across the republic. Based on the collected data, a composite Business Climate Indicator was formed, reflecting both current assessments of business conditions and expectations for the next 3 months.

Dynamics of Uzbekistan’s Composite Business Climate

In January of the current year, Uzbekistan’s composite Business Climate Index stood at 64 points (on a scale from −100 to +100), which is 23% higher than the level of 2025.

The improvement in the business climate was primarily driven by stronger assessments of the current business situation, which increased by 28%.

An additional contribution came from improved optimism regarding short-term business prospects. In particular, business expectations rose by 20%.

According to the survey, 22% of enterprises increased their number of employees. At the same time, 71% of respondents expect demand for their products to grow over the next three months, compared to about 60% in the same period last year.

The share of enterprises forecasting an increase in employment in the coming quarter rose to 65%, up from 58% a year earlier.

Sectoral Dynamics of the Business Climate Index

In sectoral terms, an improvement in the business climate compared to last year was observed in construction, agriculture, and services.

In agriculture, the Business Climate Index increased by 62% year-on-year and reached 77 points, compared to 48 points in January 2025.

Growth was mainly supported by a significant improvement in assessments of current conditions and more favorable expectations. The current situation indicator in the sector increased 2.7 times from 27 to 72 points, while expectations grew by 17% to reach 82 points.

44% of entrepreneurs assessed the condition of their business in the sector as “good,” compared to 39% a year earlier. Growth in demand for products over the past three months was reported by 46% of enterprises versus 39% in January last year. Expectations for further demand growth in the near term remain high at 71%, compared to 68% a year earlier.

In the services sector, the business climate increased by 25% compared to January last year, reaching 65 points versus 52 points a year earlier.

Growth was driven by a gradual improvement in current business conditions. Current assessments in services rose by 18% to 52 points. At the same time, a more pronounced increase was observed in the expectations component, which grew by 32% to 79 points, indicating a substantial strengthening of companies’ confidence in short-term prospects.

70% of entrepreneurs expect demand for their services to grow over the next three months, compared to 58% in January 2025. The share of enterprises expecting to increase employment in the coming quarter amounted to 61%, up from 54% a year earlier.

In the construction sector, the business climate increased by 13% to 61 points, compared to 54 points a year earlier. The current situation indicator improved by 43% to 57 points. Expectations were formed at the level of 66 points, showing a decline of 4%.

38% of respondents reported that business conditions in construction had improved over the past three months, compared to 35% a year earlier. The share of enterprises reporting workforce growth rose to 38% from 22% a year earlier. Expectations of demand growth over the next three months were expressed by 77% of entrepreneurs, compared to 61% in January last year.

In industry, the business climate slightly declined by 5% compared to last year, while remaining at a sufficiently high level of 54 points.

At the same time, optimism among industrial enterprises remains steadily high. In January, expectations increased by 10%, reaching 78 points, indicating a continued positive outlook regarding development prospects.

According to the survey, the share of respondents reporting an improvement in business conditions over the past three months reached 32%, compared to 30% a year earlier. Demand growth over the same period was noted by 38% of industrial enterprises versus 36% in January last year. Meanwhile, employment expansion plans strengthened — 69% of entrepreneurs expect to increase their workforce in the next three months, compared to 62% a year earlier.

Barriers to Entrepreneurial Activity

According to the survey, more than half (57%) of entrepreneurs see no barriers in their activities. Among the problems cited, the most frequent are taxation (11%), utilities (9%), and access to credit (8%).

CERR Sector for the Study of Sectoral Competitiveness and Investment Activity

Tel: (78) 150 02 02 (441)

CERR Public Relations and Media Sector

Tel: (78) 150 02 02 (417)