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The Termez Dialogue: Afghanistan as a Connecting Bridge Between Central and South Asia
The Termez Dialogue: Afghanistan as a Connecting Bridge Between Central and South Asia

For decades, Afghanistan was perceived primarily as a source of instability, geopolitical rivalry and security threats. In recent years, however, the regional agenda surrounding Afghanistan has gradually been shifting. Increasingly, expert and diplomatic circles in the Central Asian states are discussing not only the question of security but also Afghanistan’s potential as a transport, energy and trade corridor capable of linking Central and South Asia.

In this context, the «Termez Dialogue»[1] acquires particular significance as a platform symbolizing the transition from a policy of isolation to a pragmatic model of regional interaction. For Uzbekistan and its neighbors, the issue is no longer merely the stabilization of Afghanistan, but the formation of a new geoeconomic architecture for Eurasia.

From a Geopolitical Buffer to a Geoeconomic Bridge

Historically, Afghanistan lay at the crossroads of major trade routes connecting the East, Central Asia and the Indian subcontinent. In the twentieth and early twenty-first centuries, however, the country became a space of geopolitical confrontation among world powers rather than a territory of cooperation.

Today the situation is gradually changing under the influence of several factors at once. Firstly, global logistics is undergoing a profound transformation. Geopolitical tension, sanctions restrictions and crises affecting traditional transport routes are forcing states to seek new paths for trade and transit. Secondly, the Central Asian states are increasingly striving to diversify their foreign economic ties and reduce their dependence on a limited number of transport directions.

 

Against this backdrop, Afghanistan is acquiring new significance as the shortest overland route capable of providing the Central Asian states with access to the ports of the Indian Ocean through the territory of Pakistan.        Whereas the Afghan factor was once viewed primarily through the lens of threats, today growing attention is being paid to its transit potential.

Of particular importance in this regard is the project of the Trans-Afghan Railway Corridor[2]. Initially, the principal route was considered to be Termez – Mazar-i-Sharif – Kabul – Peshawar. However, by 2025 the states of the region moved[3] to elaborating a new direction: Termez – Naibabad – Maidan Shahr – Logar – Kharlachi. This route implies access to the Pakistani railway network through the Kharlachi border crossing and is regarded as more realistic in terms of security, cost, and implementation timelines.

The realization of this project could substantially reshape[4] the transport geography of the region. For the Central Asian states, this would mean: a reduction in cargo delivery times; a decrease in transport costs; access to the new markets of South Asia; an expansion of export opportunities; a strengthening of the region’s transit potential.

Especially important is the fact that this concerns access to the South Asian market, with a population of nearly two billion people. For the export-oriented economies of Central Asia, this opens up fundamentally new prospects.

Equally important are the energy projects passing through Afghanistan. Among them are CASA-1000 and the TAPI gas pipeline, both intended to facilitate electricity and natural gas supplies between Central and South Asia.

These processes reflect a broader transformation of regional politics: states increasingly view Afghanistan not only as a source of risk but also as an important element of the transport architecture of Eurasia. Priority is shifting more and more from politically symbolic objectives toward the pragmatic logic of transit, connectivity, and economic efficiency.

Termez — the Southern Gateway of Central Asia

A special role in shaping the new regional interaction is played by Termez - the southernmost city of Uzbekistan, which is gradually turning into an important logistical, diplomatic, and humanitarian center. Its significance is reinforced by its unique geographical position: the city lies in the immediate proximity of the Afghan border, connected to it by a bridge across the Amudarya river, across which hundreds of cargo trucks and substantial flows of humanitarian aid and commercial goods pass daily[5].

In logistical terms, Termez relies on developed infrastructure, including an international transport and logistics hub and a rail connection with the Afghan city of Hairatan, through which millions of tons of cargo are transshipped each year. This corridor is considered one of the most stable and manageable routes of regional trade with Afghanistan.

An additional dimension of Termez’s role is formed by its humanitarian component: the city operates[6] as a platform for coordinating international assistance to Afghanistan, where deliveries of food, medicine, and basic goods are regularly carried out with the participation of international organizations. In 2025, the hub was incorporated into the UNHCR Global Supply Network, through which humanitarian aid shipments worth more than $500 million are distributed annually[7].

At the same time, through Termez, Uzbekistan is actively promoting the concept of regional connectivity, in which Afghanistan is viewed not as a peripheral zone of instability but as a transit bridge capable of linking the markets of Central and South Asia. In this context, Termez is becoming not merely a border town, but an infrastructural and politico-economic node of a new regional architecture founded on pragmatism, trade interdependence, and phased integration.

In this context, Uzbekistan has attempted to institutionalize this Forum. Thus, in 2025 the international forum “Termez Dialogue” was held in Termez, devoted to questions of peace, stability, and economic interaction with Afghanistan. It was attended by representatives of the Central and South Asian states, as well as international organizations, including UN structures. The forum became one of the first attempts to institutionalize the discussion of Afghanistan precisely as an economic partner of the region.

Earlier, in 2021, Uzbekistan initiated[8] the international conference “Central and South Asia: Regional Connectivity. Challenges and Opportunities,” held in Tashkent. One of the central themes of the event was the role of Afghanistan as a transit link between the two macro-regions. The conference was attended by representatives of more than 40 states and international organizations, which underscored the global interest in the Uzbek initiative.

The Termez Dialogue as a New Model of Regionalism

Under present-day conditions, the “Termez Dialogue” acquires significance not only as a diplomatic platform but also as a symbol of a new model of regional interaction.

What is at issue is the formation of an approach in which the states of the region strive to build mechanisms of cooperation independently, proceeding above all from common economic interests and mutual infrastructural interdependence.

In this sense, Afghanistan is gradually becoming not an object of external administration but a potential participant in a new system of regional connectivity.

For Central Asia, the development of the southern direction means an expansion of strategic autonomy, a diversification of foreign economic routes, and a strengthening of its own agency in international relations.

It is precisely for this reason that the future of Afghanistan is increasingly viewed not only as a question of security but also as a question of regional integration, logistics and geoeconomics.

Conclusion

Today Afghanistan stands at a historical crossroads. The country may either remain a space of chronic instability or gradually be transformed into a vital transport and economic bridge between Central and South Asia.

To a large extent, the outcome will depend on the ability of the regional states to construct a long-term strategy of cooperation founded not only on questions of security but also on the development of infrastructure, trade, and mutual economic interest.

In this process, Termez is already becoming one of the key centers of the new Eurasian interaction - a space in which the transition from geopolitical rivalry to geoeconomic partnership is taking shape.

Aziza Mukhammedova

Research Fellow

Center for Afghanistan and South Asian Studies at the

Institute for Advanced International Studies

 

[1]  https://www.euronews.com/2025/05/21/central-asian-countries-push-for-regional-development-at-termez-dialogue

[2] https://pakistan.mfa.uz/ru/news/trans-afghan-corridor-a-new-bridge-connecting-central-asia-with-the-world-1

[3] https://kun.uz/en/news/2025/07/18/uzbekistan-afghanistan-and-pakistan-agree-to-develop-new-railway-corridor

[4] https://thediplomat.com/2024/05/uzbekistan-and-the-new-realities-of-trans-afghan-trade/

[5] https://eurasianet.org/uzbekistan-offers-to-act-as-hub-for-afghanistan-aid

[6] https://unsdg.un.org/latest/stories/uzbekistan-steps-support-neighbor-afghanistan-critical-humanitarian-juncture

[7] https://iica.uz/ru/news/2025/02/13/termiz-logistik-habi-bmtning-global-yetkazib-berish-tarmogiga-qoshildi

[8] https://www.uzembassy.uk/news/990

Uzbekistan’s electoral transformation: embracing technology for a stronger democracy
Uzbekistan’s electoral transformation: embracing technology for a stronger democracy

Uzbekistan's upcoming elections for the Legislative Chamber of the Oliy Majlis (Parliament) and the Councils of People's Deputies, scheduled for October 27th, are not just a routine event. They mark a significant milestone in the nation's democratic journey, introducing groundbreaking changes that promise to transform the electoral landscape. The recent meeting of the Central Election Commission unveiled several key innovations that will ensure greater efficiency, transparency, and inclusivity, making these elections a matter of global interest.

For the first time in the nation's history, the Legislative Chamber elections will employ a mixed electoral system, combining majoritarian and proportional representation. This change means that voters will elect seventy-five deputies directly, while another seventy-five will be chosen based on party votes. This system aims to create a more balanced and representative legislature, enhancing democratic legitimacy and ensuring a broader spectrum of political voices.

One of the most notable advancements in Uzbekistan's electoral system is the full digitization of election commission activities. The introduction of the 'E-Saylov' information system is a significant leap forward, revolutionizing the election process. This digital platform not only streamlines the process, reducing bureaucracy and document handling, but also ensures a smoother, more efficient, and transparent electoral experience. It automates interactions between election commissions, political parties, candidates, observers, and the media, providing real-time statistical data, candidate information, and interactive maps. This technological leap empowers voters with unprecedented access to essential election-related information, making the electoral process more inclusive and transparent.

Inclusivity is another cornerstone of these elections. New election legislation requires political parties to ensure that at least 40% of their candidates are women, a progressive move towards gender equality in political representation. This requirement not only aligns Uzbekistan with advanced democratic standards but also enriches the political discourse by incorporating diverse perspectives.

The elections are taking place in a context where the updated Constitution has significantly enhanced the powers of parliament and representative bodies. The Legislative Chamber's powers have increased from 5 to 12, and the Senate's from 12 to 18. Parliament's oversight functions over executive, judicial, law enforcement, and special services have also been expanded. Additionally, the leadership of local Councils of People's Deputies by hokims (governors) has been abolished, transferring 33 powers previously held by hokims to local Councils to increase their role in resolving critical state issues.

The slogan "My Choice—My Prosperous Homeland" not only captures the spirit of these elections but also reflects the unwavering commitment of Uzbekistan's leadership to democratic state-building and citizen empowerment. With over 120,000 election commission members, 70,000 citizens, and numerous international observers participating, the elections are set to be a transparent and inclusive process, further demonstrating this commitment.

In conclusion, Uzbekistan is setting a remarkable precedent with its upcoming elections by embracing technological innovation and inclusivity. These initiatives will undoubtedly pave the way for a more prosperous and democratic future, showcasing Uzbekistan’s dedication to advancing democratic principles and practices.

 

Eldor Tulyakov,

The Executive Director,

Development Strategy Centre (Uzbekistan)

 

Nearly all initiatives put forward by the President of Uzbekistan at the OTS summit in Turkestan were practical in nature
Nearly all initiatives put forward by the President of Uzbekistan at the OTS summit in Turkestan were practical in nature

On May 15, President of Uzbekistan Shavkat Mirziyoyev paid a working visit to the city of Turkestan, where he took part in the informal summit of the Organization of Turkic States. The visit featured an extensive political, economic, and humanitarian agenda, as well as a series of high-level bilateral meetings. In an interview with the correspondent of Dunyo IA, First Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan Akramjon Nematov shared his views on the significance of the summit, emerging trends in the development of the OTS, and Uzbekistan’s initiatives.

— President Shavkat Mirziyoyev’s participation in the informal summit of the Organization of Turkic States in Turkestan was highly intensive both in terms of substance and the number of bilateral engagements. In your opinion, what made this visit particularly noteworthy and distinctive?

— First and foremost, I would note that this visit reflected a qualitatively new stage both in the development of the Organization of Turkic States itself and in the role of Central Asia within the emerging architecture of Eurasian cooperation.

Notably, the summit agenda extended far beyond cultural and humanitarian cooperation to encompass issues directly linked to future economic and technological development — digitalization, artificial intelligence, transport connectivity, and innovation. This reflects the OTS’s gradual transformation into a more pragmatic platform oriented toward practical cooperation.

Such an approach is particularly close to Uzbekistan, as our country has consistently advocated open, mutually beneficial, and technology-driven cooperation across Eurasia. Amid ongoing global transformation, connectivity, resilient supply chains, digital infrastructure, and joint industrial development are becoming key determinants of long-term regional competitiveness.

Another distinctive feature of the summit is the increasingly prominent role of Central Asia as an independent center of regional dynamism. It is symbolic that the meeting took place in Turkestan, one of the most important spiritual and historical centers of the Turkic world. This underscores the growing importance of our region not only as a space of shared historical and cultural heritage, but also as a major hub of economic, transport, and humanitarian connectivity.

Particular attention should be paid to the bilateral meetings held by the President of Uzbekistan with President of Kazakhstan Kassym-Jomart Tokayev, President of Kyrgyzstan Sadyr Japarov, and President of Türkiye Recep Tayyip Erdoğan. These meetings demonstrated the high level of trust and intensity of regional dialogue.

In particular, talks with the Kyrgyz side focused on advancing major infrastructure projects, above all the China–Kyrgyzstan–Uzbekistan railway. Today, such projects carry not merely transport significance but strategic importance, as they are shaping a new geoeconomic configuration of Eurasia and strengthening Central Asia’s role as a key transit, manufacturing, and logistics hub.

The meeting with the Turkish leader also confirmed that Uzbek-Turkish relations have reached the level of a stable comprehensive strategic partnership. This is no longer solely about expanding trade or investment, but about building long-term cooperation in industry, technology, logistics, education, and other sectors.

The humanitarian dimension of the visit was equally significant. The visit to the mosque built by the Uzbek side in Turkestan became a vivid symbol of the strengthening fraternal ties between Uzbekistan and Kazakhstan and reflected the shared historical, spiritual, and cultural affinity of the two peoples. Importantly, the humanitarian dimension is increasingly serving as a natural complement to economic and political cooperation in the region.

In a broader context, the visit confirms that Uzbekistan continues to pursue an open and balanced foreign policy aimed at fostering constructive engagement with all partners. It is fundamentally important that the countries of Central Asia view Turkic cooperation not as a closed geopolitical project, but as part of a broader architecture of inclusive and mutually beneficial cooperation across Eurasia.

This is precisely why Central Asia is increasingly asserting itself as an independent actor in international relations with its own agenda based on the principles of good-neighborliness, connectivity, pragmatism, and shared responsibility for the region’s sustainable development.

— What agenda did Uzbekistan bring to the informal OTS summit in Turkestan, and what, in your view, was particularly noteworthy about the initiatives put forward by President Shavkat Mirziyoyev?

— Uzbekistan presented at the summit of the Organization of Turkic States a highly comprehensive yet pragmatic agenda aimed not only at strengthening the cultural and civilizational commonality of the Turkic world, but above all at shaping a new architecture of technological, transport, investment, and humanitarian cooperation.

What distinguished President Shavkat Mirziyoyev’s address was its emphasis on transforming the OTS from a predominantly political and cultural platform into a mechanism for practical integration in the most promising and strategically sensitive areas of the 21st century — artificial intelligence, digital infrastructure, logistics, climate security, and cyber resilience.

Notably, Uzbekistan effectively proposed a conceptual vision for a “Digital Turkic Space.” The discussion has moved beyond cultural affinity or expanding trade toward the creation of a common technological ecosystem. It was in this context that the initiative to establish a strategic cooperation network in the field of artificial intelligence was advanced, along with the concept of a “Digital Turkic Corridor” designed to connect regional data centers and digital platforms through high-speed communication channels.

It is especially important that the President of Uzbekistan linked the digital agenda with the historical and intellectual heritage of Turkic civilization. References to Muhammad al-Khorazmiy, Ahmad al-Farganiy, Abu Rayhan al-Beruniy, and Mirzo Ulugbek gave the speech greater depth and intellectual dimension. In doing so, it was emphasized that modern technological modernization is viewed not as an external borrowing, but as a natural continuation of the region’s own scientific legacy.

Another important feature was Uzbekistan’s promotion of the institutionalization of cooperation. Virtually all of the President’s initiatives were practical in nature and aimed at establishing concrete mechanisms of interaction — a joint venture fund with Kazakhstan, a Technology Forum in Tashkent, a big data platform for consolidating shared cultural heritage, a Turkic Cybersecurity Alliance, and a climate risk monitoring system based on satellite data.

It is also indicative that Uzbekistan consistently promotes the nexus between digitalization, transport connectivity, and security. Particular emphasis in the speech was placed on integrating the Middle Corridor with the China–Kyrgyzstan–Uzbekistan railway, the digitalization of customs procedures, and the launch of a unified logistics space. In essence, this involves the formation of a new Eurasian transport and technological framework in which Central Asia becomes not a periphery, but one of the key hubs.

The environmental dimension of the initiatives also deserves special attention. Uzbekistan proposed viewing the climate agenda as an issue of collective security for the Turkic space. The initiative to declare 2027 the Year of Environmental Protection within the OTS framework, along with proposals for joint monitoring of droughts, soil degradation, and glacier melt, reflects the intention to provide the Organization with a more modern and globally relevant agenda.

Equally important is that amid growing international turbulence, President Shavkat Mirziyoyev placed special emphasis on trust, coordination, and collective resilience. The proposal to establish a Turkic Cybersecurity Alliance reflects the understanding that emerging threats are increasingly taking shape not only in the traditional military-political sphere, but also in the digital domain.

Overall, Uzbekistan’s address demonstrated that Tashkent views the OTS as a long-term platform for strategic cooperation capable of becoming one of the independent centers of technological, economic, and humanitarian development across Eurasia. At the same time, the distinguishing feature of Uzbekistan’s approach lies in its combination of pragmatism, institutional thinking, and the concept of open regional connectivity.

— How would you assess the overall outcomes of the OTS summit, and what is its practical significance today?

— Viewed in a broader strategic context, the recently concluded summit of the Organization of Turkic States demonstrated that the OTS is gradually moving beyond a predominantly symbolic and humanitarian model of interaction toward becoming a fully-fledged platform for practical cooperation in a rapidly changing world.

And this is perhaps the principal outcome of the meeting in Turkestan.

Today, the international system is undergoing a period of profound transformation. Geopolitical fragmentation is intensifying, competition for transport routes, technologies, resources, and markets is growing, and established logistics chains are being disrupted. The importance of infrastructure resilience, energy security, digital sovereignty, and food stability is steadily increasing. Against this backdrop, states are increasingly seeking regional formats of cooperation capable of ensuring resilience to external shocks.

It is precisely in this context that the outcomes of the OTS summit should be viewed.

The practical significance of the meeting lies primarily in the fact that the countries of the Turkic world have begun discussing not abstract integration ideas, but concrete mechanisms for joint development — transport corridors, digital infrastructure, technological cooperation, climate resilience, logistics, and cybersecurity.

It is highly indicative that virtually all speeches delivered by the leaders focused, in one way or another, on connectivity and resilience. President of Kazakhstan Kassym-Jomart Tokayev emphasized the need to strengthen the transport and transit potential of the Turkic space and further develop the Middle Corridor. President of Türkiye Recep Tayyip Erdoğan stressed the importance of logistics integration and expanding economic cooperation among OTS member states. President of Azerbaijan Ilham Aliyev paid particular attention to transport connectivity and the region’s role in shaping new Eurasian routes. All of this reflects a shared understanding that transport, logistics, and infrastructure connectivity are becoming the foundation of the new regional economy.

In this regard, Central Asia is gradually transforming into one of the key hubs of Eurasia. The region is no longer perceived solely as a transit space. Today, the focus is on the emergence of a new manufacturing, logistics, and investment hub linking East and West, North and South.

That is why such importance is attached to the China–Kyrgyzstan–Uzbekistan railway, the integration of the Middle Corridor, the digitalization of customs procedures, and the development of data centers and logistics platforms. In effect, a new infrastructural geography of Eurasia is taking shape.

It is particularly important that the summit clearly highlighted the interconnection between transport connectivity, digitalization, and security. Today, the resilience of states is determined not only by military capabilities, but also by their ability to ensure the uninterrupted functioning of transport corridors, energy networks, digital infrastructure, and supply chains.

In this sense, Uzbekistan’s initiatives appear highly timely and strategically sound. The proposals to establish a “Digital Turkic Corridor,” a Turkic Cybersecurity Alliance, a climate risk monitoring system, and joint artificial intelligence platforms reflect an understanding that competition in the 21st century will increasingly unfold in the technological and infrastructural domains.

The climate agenda also deserves special attention. Just a few years ago, such issues were perceived as secondary, whereas today they are directly linked to economic resilience and security. Water scarcity, soil degradation, and extreme weather events have a direct impact on energy, agriculture, transport, and migration processes. Therefore, Uzbekistan’s proposal to establish climate risk monitoring mechanisms and declare 2027 the Year of Environmental Protection appears especially timely and relevant.

It is also noteworthy that the summit demonstrated a high level of political trust among the Central Asian states. Just a few years ago, it would have been difficult to imagine such an intensive level of regional interaction. Today, however, Central Asia is acting no longer as an object of major powers’ foreign policies, but as an independent actor in international relations capable of shaping its own agenda and advancing major regional initiatives.

Overall, it can be said that the practical value of the summit lies in strengthening the region’s long-term resilience. The focus is on creating mechanisms that will enable the countries of the Turkic space to jointly adapt to global transformations — technological, economic, climatic, and geopolitical.

For this reason, the current summit should be viewed not merely as a diplomatic event, but as an important stage in shaping a new model of regional cooperation across Eurasia based on pragmatism, connectivity, technological development, and collective resilience.

 

Dunyo IA

Иқтисодий тадқиқотлар ва ислоҳотлар маркази Ўзбекистон цемент саноатида углерод чиқиндиларини камайтириш бўйича илк комплекс баҳолаш натижаларини тақдим этди
Иқтисодий тадқиқотлар ва ислоҳотлар маркази Ўзбекистон цемент саноатида углерод чиқиндиларини камайтириш бўйича илк комплекс баҳолаш натижаларини тақдим этди

Тошкент шаҳрида Ўзбекистон цемент саноатида иссиқхона газлари чиқиндилари бўйича илк тизимли баҳолаш натижалари муҳокама қилинди ҳамда паст углеродли иқтисодиётга ўтиш шароитида технологик модернизациянинг устувор йўналишлари маҳаллий ва халқаро экспертлар иштирокида муҳокама қилинди.

Тошкент, 2026 йил 28 апрель. Иқтисодий тадқиқотлар ва ислоҳотлар маркази (Марказ) Бирлашган Миллатлар Ташкилотининг Тараққиёт дастури (БМТТД) билан ҳамкорликда Ўзбекистон цемент саноатида углерод чиқиндиларини камайтириш масалаларига бағишланган давра суҳбатини ўтказди.

Тадбирда давлат ташкилотлари, соҳа мутахассислари, олимлар, саноат корхоналари, молия ташкилотлари ҳамда халқаро ташкилотлар вакиллари иштирок этди.

Тадбирдан мақсад цемент саноатида иссиқхона газлари чиқиндилари бўйича ўтказилган баҳолаш натижаларини муҳокама қилиш, шунингдек тармоқни технологик модернизация қилиш ва паст углеродли ривожланишга ўтиш бўйича амалий ёндашувларни ишлаб чиқишдан иборат бўлди.

Тадбирда сўзга чиққан Марказ директорининг ўринбосари Нозимжон Ортиқов тармоқни ривожлантириш ва углерод изини камайтириш ўзаро боғлиқ вазифалар эканини таъкидлади. Унинг сўзларига кўра, цемент ишлаб чиқаришни модернизация қилиш бир вақтнинг ўзида иқтисодий ўсишни таъминлаш ва тармоқнинг экологик барқарорлигини ошириш имконини беради.

Ўзбекистондаги БМТТД доимий вакилининг ўринбосари Анас Карман қурилиш соҳасининг мамлакат иқтисодиётидаги муҳим ўрнини таъкидлаб, цемент ишлаб чиқаришда паст углеродли ечимларни жадал жорий этиш зарурлигини қайд этди.

Марказ мутахассислари Абдурашид Бозоров ва Бахтиёр Исмоилов цемент саноатида иссиқхона газлари чиқиндилари бўйича комплекс базавий баҳолаш натижаларини тақдим этди. Ушбу баҳолаш иқлим ўзгариши бўйича Ҳукуматлараро экспертлар гуруҳи методологияси асосида тайёрланган.

Цемент саноатини декарбонизация қилиш Ўзбекистоннинг халқаро иқлим мажбуриятлари нуқтаи назаридан алоҳида аҳамият касб этмоқда. Янгиланган мақсадларга мувофиқ, мамлакат 2035 йилга қадар ялпи ички маҳсулотнинг углерод сиғимини 2010 йилга нисбатан 50 фоизга камайтиришни режалаштирмоқда. Шунингдек, 2060 йилга бориб углерод нейтраллигига эришиш имкониятлари ҳам кўриб чиқилмоқда.

Шу билан бирга, цемент саноати барқарор ўсишни намоён этмоқда. Сўнгги йилларда ишлаб чиқариш ҳажми икки баравардан ортиқ ошиб, 2019 йилдаги 10,5 миллион тоннадан ҳозирги кунда 20 миллион тоннадан зиёд кўрсаткичга етди. Экспертлар фикрича, инфратузилма ва қурилиш соҳасининг ривожланиши туфайли талаб юқори даражада сақланиб қолади.

Тақдим этилган маълумотларга кўра, мамлакатда йиллик умумий қуввати тахминан 37 миллион тонна бўлган 24 та цемент заводи фаолият юритмоқда. Шу билан бирга, амалдаги ишлаб чиқариш ҳажми тахминан 21,5 миллион тоннани ташкил этмоқда.

Таҳлиллар шуни кўрсатадики, энг йирик 13 та корхона умумий ишлаб чиқариш ҳажмининг қарийб 95 фоизини таъминламоқда. Бу эса ишлаб чиқаришнинг юқори даражада жамланганини кўрсатиб, технологик модернизация учун қулай шароитлар яратиш зарурлигини англатади.

Марказ баҳолашларига кўра, цементнинг асосий таркибий қисми бўлган клинкер ишлаб чиқариш босқичида углерод диоксиди чиқиндилари йилига тахминан 9 миллион тоннани ташкил этади (энергия сарфи, ёқилғи ва транспорт харажатлари ҳисобга олинмаган ҳолда). Шу муносабат билан, йирик корхоналарни модернизация қилиш тармоқда чиқиндиларни камайтириш салоҳиятининг асосий қисмини таъминлаши қайд этилди.

Тадқиқот натижалари, жумладан цемент ишлаб чиқаришнинг тахминан тўртдан уч қисмини таъминлайдиган 16 та етакчи корхона ўртасида ўтказилган сўров ҳамда халқаро кўрсаткичлар билан таққослама таҳлиллар тармоқда углерод изини камайтириш бўйича катта имкониятлар мавжудлигини кўрсатмоқда. Хусусан, бу салоҳият цемент таркибини оптималлаштириш, ишлаб чиқаришда энергия самарадорлигини ошириш ва муқобил ёқилғи турларидан фойдаланишни кенгайтириш билан боғлиқ.

Шу билан бирга, тармоқни янада ривожлантириш ва “яшил” инвестицияларни жалб этиш молиялаштириш шароитларини такомиллаштиришни, замонавий технологияларга кириш имкониятларини кенгайтиришни, тартибга солувчи жараёнларни соддалаштиришни, шунингдек малакали кадрлар тайёрлаш ва экологик тоза маҳсулотларга бўлган талабни шакллантиришни талаб этади.

Энергия самарадорлигини ошириш, клинкер улушини камайтириш, ортиқча иссиқликни қайта ишлатиш технологияларини жорий этиш ва углеродни ушлаб қолиш ечимларини ривожлантиришни ўз ичига олган чора-тадбирлар мажмуасини амалга ошириш чиқиндиларни барқарор камайтириш ҳамда тармоқ рақобатбардошлигини ошириш имконини беради.

 

Иқтисодий тадқиқотлар ва ислоҳотлар маркази

Жамоатчилик билан алоқалар бўлими

TIIF-2026: Shaping a New Investment Architecture for Central Asia
TIIF-2026: Shaping a New Investment Architecture for Central Asia

From June 16th to 19th, the capital will host the 5th Tashkent International Investment Forum, the country's primary investment platform and one of the region's largest business forums.

 

Tashkent International Investment Forum (TIIF-2026) has solidified its position as a key investment platform in Central Asia, bringing together states, international investors, and representatives of global business. The forum serves not merely as a platform for dialogue, but as a space where the region's practical investment agenda is actively shaped.

The core idea of the forum lies in the fact that Uzbekistan is consistently cementing its status as a regional investment hub, capable not only of attracting capital but also of defining long-term rules and directions for the economic development of Central Asia.

The scale of TIIF-2025 clearly demonstrated that the forum has transitioned to a new stage of its development. The event brought together more than 8,000 delegates from 97 countries, with the total volume of signed investment agreements reaching 30.5 billion US dollars. These indicators stand as some of the most significant results among regional investment platforms.

The growing number of participants, the broadening geography, and the increased volume of concluded deals bear witness to a notable strengthening of international business confidence in Uzbekistan's investment climate. The forum is increasingly perceived not as a one-off discussion platform, but as a sustainable mechanism for generating real investment solutions.

The significance of the Tashkent International Investment Forum is determined not only by its scale, but also by its practical value for participants. TIIF provides a unique opportunity for direct access to key economic and political decision-makers - ranging from heads of state and governments to representatives of international financial institutions, sovereign wealth funds and major corporations.

The forum cultivates a rare environment where the state, investors, and business are concentrated within a single space, allowing for a seamless transition from general discussions to concrete formats of cooperation. Within the framework of TIIF, B2B and B2G meetings are actively advanced, serving as the cornerstone for concluding investment agreements and launching new projects.

TIIF-2026, scheduled to take place from June 16 to 19 in Tashkent, will maintain and expand upon the framework of previous years, combining elements of high-level political dialogue, business negotiations, and sectoral discussions. The forum's program features a plenary session with the participation of heads of state, panel sessions, thematic pitch presentations, and an expanded exhibition showcasing the country's industrial and investment potential.

One of the defining features of TIIF-2026 is its exceptionally high level of representation, which brings together a unique concentration of political, financial, and corporate capital within a single venue. The forum features heads of state and government, including leaders from Central Asian and European nations, alongside executives from international organizations and multilateral development banks.

Among the participants are representatives from the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), and the International Finance Corporation (IFC), alongside sovereign wealth funds and export credit agencies. Such a composition ensures a direct link between state reforms, global financial institutions, and private capital.

The outcomes of the 4th Tashkent International Investment Forum (TIIF-2025) received widespread international acclaim from representatives of government structures, financial institutions, and global business, who noted Uzbekistan's growing role as the region's premier investment hub.

The Director of the Center for Global and Regional Studies (CEGREG), Professor Ikboljon Qoraboev (Kazakhstan), emphasized the scale and significance of the forum:

  • Central Asia has once again taken center stage in the international business community. From June 9th to 12th, Tashkent hosted the 4th Tashkent International Investment Forum - the largest regional investment platform, which is consistently gaining momentum and international resonance with each passing year. The scale of this year's forum is truly unprecedented, bringing together around 3,000 foreign delegates from nearly 100 countries.

TIIF is emerging as the premier platform for showcasing the industrial and economic potential of Central Asia, while the participation of state leaders, major investors, and international banks highlights the strategic significance of the forum as a window of opportunity for the region.

Associate Professor at the Azerbaijan State University of Economics, political scientist Emin Garibli (Azerbaijan), accentuated the integration significance of the forum:

  • Tashkent International Investment Forum is emerging not only as a key economic platform for Central Asia, but also as a vital instrument for deepening integration processes between Europe and Asia. The forum strengthens Tashkent's status as a regional center of gravity for investment and demonstrates the country's resolve in advancing reforms within the framework of the New Uzbekistan strategy.

Executive Producer of CGTN, Zhang He (China), highlighted the investment impact of the reforms:

  • The economic reforms implemented in Uzbekistan have created a more favorable environment for investors. Uzbekistan possesses immense potential in sectors such as industry, 'green' energy, agriculture, information technology, and tourism. This will serve to diversify investments and expand the manufacturing of high-value-added products.

Governor of the Japan Bank for International Cooperation (JBIC), Nobumitsu Hayashi (Japan), noted the transformation of the forum's role:

  • The forum has transformed into a fully-fledged regional platform, uniting business leaders and financiers from across Central Asia and Eastern Europe. The reforms in Uzbekistan are creating a predictable and attractive environment for long-term investments.

Chairman of the Chinese company CAMCE, Wang Bo (China), noted the practical value of the forum:

  • This prestigious event opens up excellent opportunities not only for our company, but also for foreign investors seeking prospects in the dynamically developing economy of Uzbekistan. For foreign investors, Uzbekistan represents a unique opportunity, particularly in light of the WTO accession process. As the President noted, this will open up even greater prospects for sustainable development, making Uzbekistan an attractive destination for global investment.

Tashkent International Investment Forum (TIIF-2026) is cementing its role as one of the key platforms for investment dialogue in Central Asia, where not only the directions of economic policy are shaped, but also real mechanisms for interaction between the state and global capital are forged.

On the whole, the experience of previous years demonstrates that TIIF has already transitioned from a traditional conference format into a practical investment ecosystem that influences the structure of regional economic development. In this context, TIIF-2026 is viewed as the next phase in strengthening Uzbekistan's role within the global investment architecture and further expanding its integration into international capital markets.

 

Dunyo IA

 

Urbanization Processes in Uzbekistan: Legal Foundations, New Mechanisms, and Development Strategy
Urbanization Processes in Uzbekistan: Legal Foundations, New Mechanisms, and Development Strategy

Today, global development is proceeding at an unprecedented pace of urbanization — by 2050, nearly 68% of the world’s population is expected to live in cities.

This process is also advancing rapidly in Uzbekistan: the country’s population has exceeded 38 million, the urbanization rate has reached 51%, and nearly 20 million people now live in urban areas.

According to economic analyses, every 1% increase in the urbanization rate grows the economy by at least 1% and accelerates investment flows and startup development — making reforms in this sector of strategic importance.

With this in mind, within the framework of Uzbekistan’s urbanization policy, the practice of “chaotic construction” has been abandoned in favor of smart and integrated territorial development — an approach recognized as essential in global best practices.

One of the most important institutional steps was the establishment of the National Committee for the Sustainable Development of Urbanization and the Housing Market. This body serves as the central “think tank” unifying architecture, economics, and social policy into a single system.

To reduce administrative barriers in the construction sector, the number of permitting stages has been cut by a factor of 3, and processing timelines by a factor of 4. Additionally, 420 outdated urban planning norms have been restructured, replaced by 140 modern regulatory documents.

Furthermore, in Uzbekistan, land ownership no longer automatically grants the right to build — the process is now based on the principle of integrated territorial development.

Most importantly, a strict principle has been enshrined in law: schools, clinics, and modern utilities must be built before or simultaneously with residential construction.

These new mechanisms provide, above all, trust and financial stability. To ensure stability in the housing market and strengthen buyer confidence, measures have been taken to fully eliminate the risk of “unfinished constructions.” To this end, a system of escrow accounts is being widely introduced in Uzbekistan for the first time.

Through this modern mechanism, citizens’ funds are securely held in banks until the keys to the property are handed over. Developers, in turn, gain access to affordable and convenient project financing. As a result, urban development has transformed from a chaotic process into a managed industry operating under transparent rules.

Development Strategy and Achievements

Over the past eight years, 120 million square meters of housing have been built across the country. The total volume of construction work grew from 30 trillion soums in 2016 to 314 trillion soums last year, and the sector now employs more than 3.5 million people.

According to the state’s long-term priority strategy, the following key targets have been set:

  • Raise the urbanization rate to 60%;
  • Increase housing provision from 18.9 square meters per capita to 23 square meters;
  • Nearly double the annual housing construction volume to 30.3 million square meters.

Innovative Mega-Projects and an Ecological Approach

The most vivid practical expression of this strategy is the “New Tashkent” mega-project, rising across 20,000 hectares. Designed for a population of 1 million residents, this ecologically clean, high-tech metropolis implements the globally recognized “15-minute city” concept. The project includes the creation of a 420-hectare “green belt,” the planting of 200,000 trees, and a fully ecological transport system (electric buses, metro, and bicycle lanes).

These high living standards are not limited to the capital. Across the country, 56 “New Uzbekistan” residential districts, each designed for at least 70,000 residents and equipped with rich social infrastructure, are being constructed at an accelerated pace.

In conclusion, Uzbekistan has formed a sustainable and effective model for managing urbanization, encompassing the National Committee, the escrow system, and the smart “New Uzbekistan” districts. By transforming modern cities into ecologically clean, socially oriented, and livable spaces, the country is establishing a high benchmark for urbanization in the Eurasian region.

Uzbekistan and the OTS: New Horizons for Investment Cooperation and Priority Projects
Uzbekistan and the OTS: New Horizons for Investment Cooperation and Priority Projects

Uzbekistan has historically been a proactive driver in strengthening ties among Turkic-speaking nations. Following a period of limited engagement, a pivotal turning point occurred in 2018 when the President of the Republic attended the 6th Summit of the Organization as a Guest of Honor. In 2019, the country ratified the Nakhchivan Agreement, officially becoming a full member of the Organization of Turkic States (OTS). Since joining, Uzbekistan has proposed 116 specific initiatives, more than half of which have already been successfully implemented. The economic impact of this strategic course is evidenced by the data: at the end of 2025, trade turnover with OTS member states increased by 9.6%, reaching $10.8 billion.

Investment cooperation also shows a steady upward trend, with 4,352 enterprises operating with capital from member states as of early 2026. The Republic of Türkiye remains a key strategic partner, with bilateral relations officially elevated to the level of a Strategic Partnership in 2017. Türkiye leads all OTS countries in the number of enterprises established in Uzbekistan, reaching 2,137 units. Investment collaboration in 2025 was characterized by the utilization of funds totaling $3.2 billion, while trade turnover during the same period amounted to $3.024 billion. Transport connectivity is exceptionally robust, with 97 scheduled weekly flights operating between the cities of both nations across eight different routes, including Istanbul and Ankara.

Kazakhstan stands as Uzbekistan's largest trading partner within the Organization, with trade turnover growing by 11.4% in 2025 to nearly $5 billion. There are 1,212 enterprises with Kazakh capital successfully operating in the republic. The transport sector demonstrates immense scale, with freight volume exceeding 22.3 million tons in 2025, the majority of which—19.6 million tons—was transported via rail networks.

The dynamics of economic relations with Kyrgyzstan are marked by the highest growth rates in trade turnover, which surged by 37.1% in 2025 to reach $1.199 billion. The parties have solidified a Comprehensive Strategic Partnership, facilitating an increase in joint ventures to 346 units. The transport sector recorded a significant rise, with total freight volume growing by 22.4% in 2025 to nearly 5.4 million tons. Export shipments across all modes of transport more than doubled, indicating deep integration of production chains.

In 2024, a fundamental Treaty on Allied Relations was signed with Azerbaijan, opening a new chapter in bilateral cooperation. Trade turnover between the countries grew by 14.6% in 2025, totaling $307.3 million. In the investment sphere, 367 enterprises with Azerbaijani capital are currently active. The logistics partnership is also strengthening, as total freight volume increased by 28.3% in 2025, supported by 14 weekly flights between the capitals.

Turkmenistan, which participates in the Organization as an observer, remains a vital partner, with trade turnover reaching $1.203 billion in 2025. The launch of the Shavat-Dashoguz joint border trade zone was a practical step toward streamlining commodity exchange. As of early 2026, 270 enterprises with Turkmen capital were functioning in Uzbekistan. In the transport sector, total cargo volume for 2025 amounted to approximately 1.785 million tons, reflecting a positive growth trend of 22.5%.

Hungary also holds observer status and is actively developing high-tech cooperation with Uzbekistan. In 2025, mutual trade grew by 41.7%, reaching $117.4 million. Although there are 20 enterprises with Hungarian capital in the republic, their projects are notable for their significant scale. These include the establishment of poultry clusters in the Syrdarya region valued at $165 million and a $59 million project for the construction of water treatment facilities in "New Tashkent."

The successful implementation of initiatives and steady growth in economic indicators confirm that Uzbekistan has found the OTS to be an effective instrument for advancing its national interests. Further deepening industrial cooperation and developing the region's transit potential create a solid foundation for transforming this space into a significant global manufacturing and trade hub. The strategic course toward closer integration with the Turkic world opens new prospects for attracting innovation and large-scale investment into key sectors of the national economy. Continuing this policy will not only strengthen the republic's international standing but also ensure long-term socio-economic prosperity for all member states of the Organization.

How new mechanisms for regulating labor migration work in Uzbekistan
How new mechanisms for regulating labor migration work in Uzbekistan

Labor force migration is a natural process worldwide. In Uzbekistan, purposeful work is being carried out to safely and orderly send such citizens abroad. The Agency for External Labor Migration has sent 70,000 people to developed countries for this purpose in the past two years.

We all know that those who want to work abroad also incur certain expenses. Therefore, migrants partially reimburse the costs of a work visa, travel ticket, foreign language, and qualification assessment. It is established that a citizen who has obtained international or equivalent certification in a foreign language is reimbursed 50% of the language learning costs.

Among all the positive work carried out in this area, there is a noted development of significant cooperation with the International Organization for Migration in protecting migrant rights, as well as with developed countries. Systematic work is underway to develop the Concept of the State Policy of the Republic of Uzbekistan in the field of migration until 2030, envisaging the achievement of criteria for guaranteed equality in the social protection of labor migrants.

Emphasizing that the Ministry of Employment and Labor Relations has established contracts between the External Labor Migration Agency and 25 German companies, Uzbek citizens are being temporarily employed in various fields. Discussions are also underway with another five companies. In the past three years alone, 821 Uzbek citizens have been sent to Germany for temporary work, while 1,670 citizens are currently undergoing training to continue their work activities in this country.

In this way, cooperation in the field of labor migration between Uzbekistan and Germany is actively developing, ensuring the preparation of our citizens for work, providing professional training and language learning opportunities, and creating favorable conditions for employment.

The External Labor Migration Agency has been holding discussions on labor migration issues with several countries in 2024, such as Great Britain, Hungary, and Slovakia, highlighting the increasing importance of these efforts.

In addition to the above, under the initiative of President Shavkat Mirziyoyev, each returning labor migrant is provided with a subsidy of 500,000 soums per month from the Labor Support Fund for one year. It is estimated that approximately 100 billion soums will be allocated to these measures for a year.

Assisting returning migrants in finding employment is also being considered as an important issue, and based on the Saykhunabad experience, financial support is provided for the production of goods and income generation, as well as other types of labor services. Medical facilities may also provide free medical checks for returning migrants and their family members. Additionally, starting from October 15, 2023, "Inson" Social Service Centers have been established in the Republic of Uzbekistan to provide social assistance to children whose parents work abroad, which is a significant step.

It is important to note that today, not only state organizations but also non-governmental organizations play a significant role in regulating and supporting labor migration. In this regard, it is relevant to mention educational courses and service organizations providing assistance in collaboration with the External Labor Migration Agency.

In short, a safe, orderly, and legal system for labor migration has been established in Uzbekistan, creating new mechanisms for citizens wishing to go abroad. It encompasses three main stages: The first stage involves organizing preparatory work for citizens intending to work abroad. Vocational and language training is conducted in 14 "Job Placement" service centers nationwide, 30 vocational training centers, 136 communities, 24 colleges, and 13 technical colleges.

Second stage: Providing legal and social assistance to labor migrants abroad. For this purpose, agencies dealing with labor migration issues have been established in several countries to provide services to Uzbek citizens working abroad. Labor Migration Affairs Attachés have been appointed at Uzbekistan's Embassies.

Third stage: Assisting in the reintegration of labor migrants returning to Uzbekistan. Inspectors at the Labor Support Centers are engaged in activities aimed at the reintegration of labor migrants returning to the country.

In conclusion, it is essential to emphasize that appropriate measures are being taken to ensure suitable working conditions and social protection for Uzbek citizens engaged in labor activities abroad. Collaboration with our foreign partners continues on all relevant migration issues. Systematic efforts are being made to further develop initiatives related to the professional orientation and language proficiency of labor migrants.

Bobomurod Yarashev,

teacherof the University of

Public Safety of the Republic of Uzbekistan

Third Renaissance: Center of Islamic Civilization as a strategy for Spiritual and Intellectual Advancement of New Uzbekistan
Third Renaissance: Center of Islamic Civilization as a strategy for Spiritual and Intellectual Advancement of New Uzbekistan

Human history demonstrates that every great advancement is built upon intellectual and spiritual foundations. Today, a project emerging from the heart of Central Asia is drawing global attention for its scale and significance - Center of Islamic Civilization is not merely an architectural landmark, but an intellectual bridge connecting the past, present and future of the region.

The anticipated opening of the complex in March 2026 has already attracted the attention of leading international publications and organizations, recognizing it as one of the most significant cultural projects of the New Uzbekistan.

The foundation for the project was laid in 2017, when President Shavkat Mirziyoyev introduced the initiative at the 72nd session of the United Nations General Assembly. At that time, Leader of Uzbekistan emphasized the need to show the international community the true humanistic essence of Islam - enlightenment, peace and creation. This was not only a political statement but also a program for returning to the roots of a land that for centuries served as a cradle of science and culture.

The emergence of this monumental project coincides with a global need for spiritual transformation. In an era where Islamophobia and radicalism are spreading across different parts of the world, Uzbekistan has proposed a model to confront these challenges through science and education.

 

Today, this vision has materialized in a majestic complex covering ten hectares in the historic center of Tashkent. Its 65-meter azure dome and four golden gates symbolically represent the unity of all regions of Uzbekistan. Across every line of the building, architectural traditions of the Timurid era are harmoniously integrated with modern technological solutions.

Center embodies a balance of religion and science. Its main pillar, reflecting the rich architectural traditions of Ulugh Beg Madrasah, is adorned with a calligraphic inscription of the first revealed verse of the Qur’an, “Iqra” (“Read in the name of your Lord”), symbolizing the pursuit of knowledge as the highest spiritual duty of every individual.

The centerpiece of the exhibition is the 7th-century Uthman Qur’an, a unique sacred relic inscribed by UNESCO in the “Memory of the World” Register.

The architectural concept of the complex impresses not only with its grandeur but also with its full compliance with contemporary urban planning and environmental sustainability standards. Every element of the project - from the foundation to the dome - has been constructed with respect for historical heritage and designed for longevity. The landscaped grounds surrounding the complex transform it into more than a scientific center, creating a spacious cultural and educational zone accessible to both city residents and international visitors.

The exhibition concept of the Center fundamentally departs from that of traditional museums. Built upon the principle endorsed by Shavkat Mirziyoyev, “Civilization – Personalities – Discoveries”, it does more than present historical facts; it immerses visitors in a living intellectual innovation. The exhibition is organized chronologically: the pre-Islamic period, the First and Second Renaissance and New Uzbekistan - forming the foundation of the Third Renaissance.

A special feature is the “Wall of Civilizations”, which showcases humanity’s intellectual progress as a continuous process. It illustrates how the discoveries of great figures from each era - including Al-Khwarizmi, Al-Farghani, Ibn Sina, Al-Biruni, and Mirzo Ulughbek - are directly linked to modern high technologies.

The extensive use of VR and AR technologies, holograms, and artificial intelligence enables the Center to “bring to life” unique 9th-century manuscripts, digitally reconstruct the original appearance of ancient observatories and transport past discoveries into the digital realm.

This large-scale integration of digital technologies positions the Center as a museum of the future. Through smart systems, visitors not only receive visual information but can virtually interact with great scientists and participate in their laboratory experiments. The “1001 Inventions” Laboratory, designed for children, sparks early interest in engineering and natural sciences. Center thus evolves beyond a repository of knowledge, becoming an interactive educational platform that nurtures the nation’s intellectual potential.

Shavkat Mirziyoyev, President of Uzbekistan, has repeatedly emphasized that the true strength of a nation lies in its memory and cultural roots. He instructed that museum exhibitions be enriched with authentic examples of national heritage and that the rarest artifacts preserving the spirit and history of the Uzbek people be returned to the homeland.

In fulfillment of this noble vision, a delegation led by Firdavs Abdukhalikov, Director of the Center of Islamic Civilization and a special commission of scholars, Orientalists and art historians, conducted large-scale research. One of the Center’s most important tasks is the repatriation of national cultural heritage scattered abroad; in recent years, systematic cooperation has been established with prestigious auction houses and private collectors for this purpose.

Thanks to these efforts, more than a thousand unique manuscripts and artifacts have been returned to Uzbekistan. The World Society for the Study, Preservation and Promotion of the Cultural Heritage of Uzbekistan (WOSCU) has also transferred numerous unique artworks from Transoxiana and Khorasan to the Center's collection.

Scientific expeditions and diplomatic missions organized by the Government of Uzbekistan have facilitated the creation of facsimile copies of manuscripts preserved in major museums and libraries worldwide. This process underscores that the rich cultural heritage of the Uzbek people is not only the legacy of Central Asia but also an integral part of the Islamic world and human civilization. Each repatriated treasure symbolizes the determination of the New Uzbekistan to restore its cultural identity.

The Center of Islamic Civilization is conceived not merely as a museum, but as an active scientific and educational platform. It provides comprehensive facilities for researchers, including a library housing over 200,000 volumes, restoration laboratories, a calligraphy school, and digital archives. Center also hosts offices of prestigious international organizations - including ICESCO, IRCICA and OCIS (Oxford Centre for Islamic Studies) - highlighting its role as a major hub for scientific and educational engagement.

More than 1,500 specialists from over 40 countries contributed to the project. International experts, including Khaled El-Enany, have described the Center as a “unique civilizational complex, integrating a next-generation museum, advanced research infrastructure, a modern library, national and international archives on the history of Central Asian civilizations, digital humanities technologies and an extensive network for global scientific and cultural collaboration”.

President of Finland, Alexander Stubb, referred to the Center as an intellectual hub of the modern world, likening it to historical institutions such as the Bayt al-Hikma, Academy of Ma’mun and Ulugh Beg Madrasah, which once shaped the development of science.

 

 

 

        

 

At the Congress “Central Asia: Shared Spiritual and Educational Heritage – Shared Future”, Center was visited by five presidents, becoming a symbol of collective regional pride. The event also brought together more than 300 scholars and cultural figures from Central Asian countries and Azerbaijan.

In February 2026, new reports from Paris further bolstered the project’s global prestige. The International Committee of the “Prix Versailles” included Center of Islamic Civilization in Tashkent in the list of the “World's most beautiful museums of 2026”.

This recognition is further reinforced by the inclusion of the Center of Islamic Civilization in authoritative international publications and rankings, such as “Smithsonian Magazine”, “BBC Travel”, “BBC History” and “National Geographic”. This places it alongside the world’s major museum initiatives, including the “Lucas Museum of Narrative Art” (Los Angeles), “National Geographic Museum of Exploration” (Washington, D.C.) and “London Museum” (London).

Such acclaim significantly enhances the Center’s scientific and tourism potential, transforming it into a must-visit global landmark. These achievements vividly demonstrate the creative potential of New Uzbekistan and its innovative approach that meets international standards.

It is no coincidence that the Center’s opening coincides with the Holy month of Ramadan. It was in 2018, during this blessed month, that the first stone of this grand project was laid. Now, eight years later, Center of Islamic Civilization will open its doors, becoming a vital symbol of the revival and preservation of Islamic cultural heritage for future generations.

Uzbekistan embraces the language of international law and becomes part of the global financial system
Uzbekistan embraces the language of international law and becomes part of the global financial system

The President of Uzbekistan signed the Constitutional Law “On the Tashkent International Financial Center”.

 

In the legal hierarchy of the state, a Constitutional Law ranks immediately after the Constitution. This means that no agency, no instruction and no by-law may contradict its provisions. For an investor, especially an international one, this is the highest form of legal guarantee: capital flows to where it cannot be taken away tomorrow.

The signing of the Constitutional Law was accompanied by amendments to the Basic Law and dozens of legislative acts — the Criminal, Civil, Tax and Customs Codes, as well as laws on banks, securities, investment, auditing and many others.

Article 15 of the Constitution has been supplemented with a provision stating that a special legal regime may be established in special zones within the country's unified legal space. This legitimizes the existence of the TIFC as a jurisdiction with different rules within Uzbekistan, without contradicting the Basic Law.

Article 131 of the Constitution has been supplemented with a provision allowing for the establishment of specialized courts in zones with a special legal regime, which forms the constitutional basis for the Tashkent International Commercial Court.

The Tashkent International Financial Center is being established as an independent entity with clearly defined boundaries that cannot be arbitrarily reduced once it becomes operational.

The legal system of the TIFC is based on English law and the principles of equity of England and Wales. This is the very system under which the world’s largest financial centers operate. It is familiar and well understood by global banks, investment funds and multinational corporations. In other words, it is the language of international capital.

All decisions taken by the center's bodies are published in the official register in English, which is an important signal for foreign participants. The translation barrier, which often becomes a source of dispute, is eliminated here from the outset.

Particular attention should be paid to the establishment, within the TIFC, of the Tashkent International Commercial Court, which will become an institution of trust. The court enjoys full independence, and no agency or state body has the right to instruct it or interfere in its activities. Judges may be citizens of any state — specialists in international trade law, finance, technology and arbitration — which opens the way to attracting judges of international standing and reputation.

It is also important that the rulings of the Tashkent International Commercial Court are binding throughout the territory of Uzbekistan and cannot be reviewed by the country’s ordinary state courts, except in strictly defined cases. The court consists of a court of first instance and a court of appeal.

The law establishes a clear and exhaustive list of protective mechanisms for TIFC participants. First and foremost is the prohibition on confiscation, nationalization, expropriation and the freezing of assets other than by court order and strictly in accordance with the law.

Participants of the Tashkent International Financial Center are guaranteed freedom of capital movement and the right to conduct transactions in foreign currency and digital assets within the limits established by the Financial Services Authority together with the Central Bank of Uzbekistan. The right to freely repatriate capital is also provided for — that is, the ability to transfer profits abroad without administrative obstacles.

A separate set of provisions sets out the tax and customs regime. The TIFC's bodies and the structures under their control are exempt from corporate income tax and the social tax. This benefit is fixed until 1 January 2076 — that is, for 50 years. This is not a tactical incentive but a strategic guarantee designed to span a change of generations.

The list of services that participants may provide within the center covers the entire spectrum of the modern financial industry. These include banking and insurance activities, management of investment and pension funds, trust structures, leasing, crowdfunding, Islamic finance, work with digital assets, market-making, and transactions with securities of all classes — shares, bonds, sukuk and derivatives.

In addition to the financial sector, activity is permitted in auditing, consulting, legal and accounting services, corporate governance, and financial-technology (fintech) startups. Provision is also made for the establishment of holding companies, special-purpose vehicles and treasury companies.

The law also establishes a special visa regime for foreign nationals working at the Tashkent International Financial Center. An entry visa valid for up to five years can be obtained directly at Tashkent International Airport. Foreign specialists may be hired without obtaining work permits in Uzbekistan, which significantly simplifies the recruitment of global talent.

The Tashkent International Financial Center is governed through four bodies: the TIFC Council, the Administration, the Financial Services Authority, and the Tashkent International Commercial Court. Each operates within strictly defined powers and has no right to interfere in the sphere of competence of another.

The composition of the Council is approved by the President of Uzbekistan. At least one-third of the Council's members must be independent specialists in international finance and law who have never held positions within the government system of Uzbekistan. This serves as a safeguard against the governing body turning into just another administrative structure.

Council members (other than the chairperson) are appointed for a term of five years and may be removed early only on grounds provided for by law. The stability of the governing body's composition is another form of predictability for market participants.

Thus, the creation of the Tashkent International Financial Center is not merely another economic development project. It is a declaration of intent, enshrined at the highest legal level. Uzbekistan wants — and is ready — to become part of the global financial system as a fully-fledged platform operating under clear, internationally recognized standards.

Half a century of tax incentives, English law, an independent international court, constitutional guarantees for the protection of capital, and simplified visa procedures — each of these elements is, on its own, a competitive advantage. Together, they form a system capable of attracting long-term, institutional, smart capital.

 

Dildora Kamalova
Member of the Legislative Chamber of the Oliy Majlis of Uzbekistan

(Dunyo IA)

Relations between Uzbekistan and the United States have entered a phase of regular strategic communication
Relations between Uzbekistan and the United States have entered a phase of regular strategic communication

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

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

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

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

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

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

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

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

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

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

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

Dunyo IA

President of the Republic of Uzbekistan departs to the United Arab Emirates
President of the Republic of Uzbekistan departs to the United Arab Emirates

At the invitation of the of President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan, on January 13 President of the Republic of Uzbekistan Shavkat Mirziyoyev departed to this country with an official visit. 

In accordance with the program negotiations at the highest level, as well as bilateral meetings with the heads of leading organizations, companies and banks of the UAE will be conducted in the Emirates’ capital of Abu Dhabi. 

President of Uzbekistan will also participate in the activities of the international summit “Abu Dhabi Sustainability Week”. 
In the framework of the visit, the Head of our state will visit Dubai, where he will hold a meeting with Vice President, Prime Minister of the United Arab Emirates, Emir of Dubai Sheikh Mohammed bin Rashid Al Maktoum.