President of Uzbekistan Shavkat Mirziyoyev arrived in the Azerbaijani city of Gabala to participate in the summit of the Organization of Turkic States (OTS).
Due to its geographical position, historical ties, and natural resources, the Organization of Turkic States is becoming an increasingly significant platform for cooperation at this new stage of development. At the same time, OTS serves as a cultural bridge, fostering closer ties between the peoples of its member countries.
The Organization is based on the principles of equality and mutual interest, non-interference in internal affairs, and respect for the sovereignty of states - principles widely recognized by the international community.
The OTS comprises five member states: Azerbaijan, Kazakhstan, Kyrgyzstan, Turkiye, and Uzbekistan. Hungary, Turkmenistan, and the Economic Cooperation Organization hold observer status.
The current name of the Organization was introduced on November 12, 2021, at the initiative of the President of Uzbekistan. Previously, it was known as the Cooperation Council of Turkic Speaking States.
The primary goal of the OTS is to strengthen trust and multifaceted ties among the brotherly nations, to promote cooperation in trade, economy, energy, transport, tourism, cultural and humanitarian spheres, and to coordinate efforts to ensure peace and security in the region.
The conceptual foundation for achieving these objectives is the “Turkic Vision – 2040” program, adopted following the Eighth Summit of Heads of State held in Istanbul in November 2021.
For Uzbekistan, which joined the Organization in 2019, participation has become an important step not only in strengthening economic and political ties but also in preserving and developing the shared cultural identity of the Turkic world.
Uzbekistan chaired the OTS in 2022–2023, beginning with the Samarkand Summit in November 2022 under the motto “A New Era of Turkic Civilization: Towards Common Development and Prosperity”.
During its chairmanship, more than 100 events were held, and new platforms for practical cooperation were created. Uzbekistan pursued an open, inclusive, and diverse model of interaction, embracing various regions and civilizations.
The adoption of the “OTS Strategy for 2022–2026” at the Samarkand Summit became a major milestone. This document marked the first roadmap for the implementation of the “Turkic Vision – 2040” concept.
President Shavkat Mirziyoyev has actively participated in OTS summits since Uzbekistan joined the Organization. In particular, he took part in the meetings of the Council of Heads of State on November 6, 2024, in Bishkek and May 21, 2025, in Budapest.
These meetings focused on the current state and future prospects of multilateral cooperation, as well as key issues of practical partnership.
In his address at the informal summit in Budapest, the President emphasized the complexity of today’s geopolitical and geo-economic situation, the intensification of regional conflicts, and the impact of climate change.
He stressed the importance of resolving international issues based on international law and the UN Charter, and the need for common positions and coordinated approaches among member states.
Speaking about the development of practical cooperation within the OTS, the President noted the enormous untapped potential and put forward several new initiatives.
Particular importance is attached to Uzbekistan’s proposal to sign a Treaty on Strategic Partnership, Eternal Friendship, and Brotherhood among the Turkic States, which would represent a significant step toward deeper unity and the creation of a long-term legal foundation for multilateral cooperation.
“Last year, we proposed developing a treaty on strategic partnership, eternal friendship, and brotherhood among the Turkic states. Today, the significance of this document is growing. Undoubtedly, it will promote further unity among our peoples and solidify the long-term legal framework for multilateral cooperation. I propose signing this document at the summit in Baku”, - the President stated.
Since 2019, President Shavkat Mirziyoyev has put forward 98 practical initiatives at OTS summits aimed at advancing multilateral cooperation. More than 70 have already been implemented, and about 30 are in the process of realization.
For Uzbekistan, the main priority within the OTS is the economy. The country is currently focused on boosting exports, attracting investment, creating jobs, addressing unemployment, and reducing poverty. All these goals are closely tied to global economic integration, where the OTS format can support further coordination and development of production chains.
The total area of the OTS member states is approximately 4.2 million square kilometers, with a combined population of over 170 million - representing vast opportunities and a substantial market.
Under existing agreements, the OTS is viewed as an effective mechanism for regional cooperation with great integrative potential. Trade and economic indicators between member states are growing every year.
Today, OTS countries collectively rank third - after China and Russia - among Uzbekistan’s external trade partners. In 2024, mutual trade volume reached nearly $10 billion, accounting for about 15% of the country's total foreign trade.
Trade relations with Kazakhstan - Uzbekistan’s largest trade partner within the OTS - and Turkiye - the second largest - are showing particularly strong growth. By the end of 2024, trade turnover with Kazakhstan reached $4.28 billion, and with Turkiye, $2.9 billion.
Trade with Azerbaijan also continues to show positive dynamics. Notably, mutual trade volumes with OTS partners are setting new records each year.
Uzbekistan’s key exports to OTS markets include textiles, electrical products, automobiles, fruits and vegetables, and non-ferrous metals. Imports from OTS countries consist of rolled metal, aluminum, mechanical tools, construction materials, petroleum products, and a significant portion of grain and other food items.
To maintain and accelerate this positive trend, it is crucial to implement President Shavkat Mirziyoyev’s initiatives, including the creation of the “TURK-TRADE” online platform to facilitate and speed up trade operations, and the adoption of a Program of Practical Measures to Expand Trade aimed at increasing mutual trade volumes.
Industrial cooperation is also a vital area. Uzbekistan is actively supporting the development of this sector and promoting the establishment of new enterprises with capital from OTS countries. This year, the number of such enterprises is expected to reach approximately 4 thousand, representing a 60% increase compared to 2019. Their share in the total number of foreign-capital enterprises in Uzbekistan is projected to reach approximately 20%.
Transport cooperation is receiving special attention. OTS countries are steadily increasing their role in global transit. In 2024, freight traffic through the Middle Corridor reached 4.5 million tons - almost six times more than in 2020. This growth underscores the strategic importance of infrastructure projects like the China–Kyrgyzstan–Uzbekistan railway.
Member countries are also working to ensure secure and reliable transport and energy corridors across the Caucasus and Central Asia. These efforts not only facilitate trade expansion but also contribute to economic independence and regional prosperity.
Uzbekistan is actively involved in cultural and historical heritage preservation and promotion. In education, the country supports student and scholar exchange programs, strengthens cooperation between universities and research centers of Turkic states, and promotes joint academic initiatives and knowledge-sharing platforms. Key areas of Uzbekistan’s proposals also include projects in energy and environmental protection.
In conclusion, President Shavkat Mirziyoyev's participation in the OTS summit in Azerbaijan will be another important step in advancing forward-looking initiatives for the development of the Turkic world and strengthening peace and stability in the region. This visit will also serve as a new impetus for the consolidation of unity and the enhancement of the well-being of the peoples of the Turkic states.
“Dunyo” IA
President Shavkat Mirziyoyev visited the Inno innovative training and production technopark in Almazar district of the capital.
This technopark was established three years ago. Innovative ideas and inventions for the development of industrial sectors are developed here. In order to train young people in modern professions, cooperation with higher educational institutions has been established. Every year seminars and workshops are held with the participation of about 15 thousand students and pupils.
There are more and more such innovation centers in our country. Industry, energy and information technologies are developing, new complexes are being launched. They require engineers and technicians with up-to-date knowledge and qualifications.
The activity of higher engineering schools established at Tashkent State Technical University, Bukhara Institute of Engineering and Technology, Tashkent State Transport University, Fergana Polytechnic Institute, Tashkent Architecture and Construction University and Tashkent University of Information Technologies has been presented to the President.
The decree of the President of the Republic of Uzbekistan dated February 2, 2024 sets a number of tasks in this direction. In particular, according to the decree, the organizational and managerial activities of higher education institutions that train personnel in engineering and technology are being improved. The existing training programs are being studied and fundamentally changed in accordance with modern technologies and the requirements of employers.
The head of our state was informed about it.
At the first stage, higher engineering schools will be opened at 10 institutions of higher education. The supervisory board of the schools will include not only scientists, but also representatives of partner enterprises.
Two-year master's degree programs will be implemented in these schools, candidates will be selected on the basis of manufacturers' orders. In the first year, students will design new products on the orders of enterprises, conduct scientific research and study in in-depth modular programs. In the second year, they will test at enterprises technological processes related to the creation of prototypes of new products.
The President paid attention to the practical applicability and effectiveness of scientific research in higher educational institutions. It was noted that the attention paid to the education system should be really embodied in scientific achievements.
The head of state also familiarized himself with the inventions and advanced developments of researchers. In particular, energy-efficient devices, a cooling system protecting transformers from overheating under load, chemical reagents important for the oil and gas industry, modern approaches in construction, including road construction, engineering projects for hydraulic structures and modern solutions in the field of information technologies were presented.
The text of the article is in Uzbek!
President of the Republic of Uzbekistan Shavkat Mirziyoyev met with Secretary-General of UN Tourism (World Tourism Organization) Zurab Pololikashvili, who is in our country on a working visit, in Samarkand on June 15.
The sides discussed issues related to further expansion of Uzbekistan's multifaceted cooperation with this specialized UN institution.
The course of implementation of agreements reached and initiatives put forward at the 25th session of the organization's General Assembly, which was held in Samarkand in October 2023, has been reviewed. The UN General Assembly's adoption of the resolution initiated by Uzbekistan on declaring 2027 the International Year of Sustainable and Resilient Tourism was highly appreciated.
It was noted with deep satisfaction that the organization is a strategic partner of Uzbekistan in the development of modern tourist infrastructure and popularization of tourist destination to our country.
It was noted the importance of continuing joint efforts to implement programs and projects aimed at creating comfortable conditions and facilities for tourists, development of pilgrimage and cultural and cognitive tourism, including domestic tourism.
Special attention was paid to the issues of training qualified personnel in the field of hospitality and service with the effective use of opportunities of the International Academy of Tourism operating in Samarkand.
In order to popularize the tourist destination in Uzbekistan, practical interaction will be expanded in the issues of supporting the participation of domestic tour operators in major international tourism fairs and exhibitions.
Dear participants of the conference!
Ladies and gentlemen!
First of all, from the bottom of my heart, I sincerely congratulate you, my dear ones, on the opening of today's prestigious event - the joint conference of the International Textile Federation and the International Association of Apparel Manufacturers.
I would like to express my special gratitude to the President of the International Federation of Textile Manufacturers Mr. Kei Vi Srinavasan and President of the International Association of Apparel Manufacturers Mr. Chem Altan for the fact that this joint conference is being held in Uzbekistan for the first time.
At the same time, I express my sincere gratitude to the high-ranking representatives of the industry, heads of prestigious international and regional organizations participating in this conference.
Welcome to the pearl of the ancient Great Silk Road, the land of craftsmen - the majestic city of Samarkand!
Dear participants of the conference!
In recent years we have taken decisive steps to radically improve the investment and business environment, create favorable conditions for foreign and domestic investors.
As in all spheres and sectors, we have been implementing large-scale reforms in the textile and garment industries.
First of all, the state monopoly in cotton cultivation has been abolished, and a cluster system has been created and is being consistently improved, covering the entire process from raw material procurement to the production of finished goods.
Our reforms in this area have won the recognition of prestigious international organizations, and the boycott of Uzbek cotton has been lifted. Our cooperation with the international coalition “Cotton Campaign” continues in this direction.
At the same time, as a result of creating a stable legislative framework, improving the investment environment and introducing new technologies, the volume of cotton fiber processing increased from 40 percent in 2017 to 100 percent. At the same time, the work on import of cotton raw materials and production of finished products with high added value began.
Thanks to the opportunities created in the sphere, the volume of textile production has increased 5 times, its export - 4 times.
The most important thing is that earlier a significant part, i.e. 70 percent of exports in the sector, was accounted for raw materials, while today 60 percent of exported goods are finished products.
In the first years of reforms, we identified as a priority task the development of human capital, training of the population, especially young people and women, in professions, training of qualified personnel for all sectors, and these issues will continue to be in the center of our attention.
Decent working conditions that meet international requirements are created for the employees of enterprises, and the “Better Work” and “Better Cotton” programs are systematically implemented.
Particular attention is paid to ensuring labor rights and providing full support to over 600,000 workers.
At the same time, decisive measures are taken to create national brands, attract prestigious international and foreign trademarks to our country.
Authoritative participants of the world market, such as “Teamdress” (Germany), “Cotonella” (Italy), “Indorama” (Singapore), “Posco International” and “Gwangyang” (South Korea) are effectively operating in the country.
Uzbekistan's textile industry is being actively integrated into global production processes, and the number of our reliable partners on all continents of the world is increasing.
It should be noted that long-term cooperation with foreign investors and international brands, increasing production of high value-added products, bringing national brands to the international level will remain our priorities in the textile industry in the future.
I am convinced that today's conference will serve as an effective platform for further strengthening and expanding cooperation in this area on an international scale, sharing best practices and ideas.
I hope it will contribute to further expansion of mutually beneficial cooperation between representatives of more than 500 national and international organizations, manufacturers and retailers participating in the conference, and will bring the development of the industry to a qualitatively new level.
We highly appreciate and support all mutually beneficial initiatives of our foreign partners. In particular, we are ready to provide all possible assistance in introducing the necessary standards for international brands to enter Uzbekistan.
We are ready to create all necessary conditions for prestigious international organizations to regularly hold conferences, exhibitions and fashion shows in our country, particularly in such cities as Bukhara, Khiva, Shakhrisabz, Margilan, Kokand, Namangan, Andijan, which have high tourism and industrial potential.
I am confident that the ancient history, rich cultural heritage of our country, meetings with our hard-working and generous people will make an indelible impression on you, and the huge socio-economic potential of our regions will encourage investors to implement new projects.
I congratulate you once again on the opening of the prestigious conference that is starting today and wish you all good health, happiness and prosperity, success in the fruitful work of the conference.
Shavkat Mirziyoyev,
President of the Republic of Uzbekistan
On November 15, President Shavkat Mirziyoyev chaired a meeting on issues of uninterrupted energy supply to the population and sectors of the economy, improving efficiency at enterprises in the sphere.
The relevant tasks were identified at a video conference held on June 10. Today, the responsible persons reported on the work accomplished in fulfillment of these tasks and preparations for the autumn-winter season.
It was noted that gas is supplied in volumes commensurate with the growing demand of the population and sectors of the economy. As a result of the modernization of industries and increasing the energy efficiency of the economy, there is a decrease in losses. For example, in recent years, gas consumption for the production of industrial products has decreased by 1.6 times.
There is still a lot of work ahead. It is necessary to ensure a stable supply of energy to the population in the current season and subsequent years, and prepare a sufficient reserve for this.
These issues were discussed in the context of industries at the meeting.
According to calculations, 21 billion cubic meters of gas will be supplied to consumers this year during the winter season. If the air temperature drops sharply, the population's demand will increase even more. The responsible persons outlined a plan of action in such a situation by month and by district.
A separate reserve is provided for uninterrupted power supply to social institutions and enterprises. A system has been created for the targeted supply of natural gas to thermal power plants, chemical and metallurgical enterprises, as well as gas filling stations.
It was pointed out that it is necessary to resolutely continue the work started on accounting and control of gas in industries and further reduce losses. The task has been set to implement the identified gas saving opportunities in Andijan, Navoi and Tashkent regions, as well as other regions.
The Head of State gave instructions to responsible persons on organizing work at the level of districts and mahallas, solving issues related to energy supply directly on the ground, coordinating demand and consumption, and preventing interruptions.
The meeting also touched upon the processes of transformation in the gas sector. It was decided that industry enterprises will enter the international financial market and independently raise funds for modernization.
Digitalization and public-private partnerships offer the greatest opportunities in updating and regulating gas supply networks. In this regard, proposals were considered to attract private operators to the industry.
The President instructed to reduce the costs in the context of each industry and enterprises, optimize costs and accelerate the transformation process. The importance of expanding exploration activities with the involvement of leading foreign companies was emphasized.
Over the past eight years, relations between Uzbekistan and Türkiye have undergone a profound qualitative transformation, evolving from traditionally friendly ties into a full-fledged strategic partnership with a strong economic, investment, and industrial dimension. While the period prior to 2017 was largely characterized by inertia, the launch of large-scale reforms in Uzbekistan marked a decisive shift in bilateral relations toward practical cooperation focused on trade, investment, and joint manufacturing.
A key role in this transformation has been played by the political will and personal engagement of the leaders of both countries - President of the Republic of Uzbekistan Shavkat Mirziyoyev and President of the Republic of Türkiye Recep Tayyip Erdoğan. Regular high-level dialogue has provided Uzbek-Turkish relations with stability, strategic coherence, and a long-term economic horizon.
Political Foundations as a Driver of Economic Convergence
Diplomatic relations between the two countries were established in 1992; however, a turning point came in October 2017 with the signing of the Joint Declaration on Strategic Partnership in Ankara. This step laid a solid institutional foundation for the rapid expansion of trade, economic, and investment cooperation.
In 2018, the High-Level Strategic Cooperation Council was established in Tashkent under the co-chairmanship of the two presidents. Its meetings in 2020, 2022, and 2024 became key platforms for aligning priorities in trade, investment, industry, transport, and interregional cooperation. Over time, political dialogue has evolved from declarative engagement into a practical instrument supporting concrete economic initiatives and project-based decisions.
Trade: Scale, Structure and Institutional Incentives
Türkiye is firmly among Uzbekistan’s largest trading partners. In 2020, bilateral trade turnover amounted to USD 2.1 billion, reaching USD 3.02 billion by the end of 2025.
Uzbekistan’s exports to Türkiye are predominantly industrial in nature, comprising non-ferrous metals and metal products, textiles, services, plastics, and food products. Imports from Türkiye consist mainly of mechanical and electrical equipment, chemical products, textiles, pharmaceuticals, and metal structures, reflecting Türkiye’s role as a key source of industrial technologies and equipment.
A significant qualitative step forward was the signing of the Preferential Trade Agreement in 2022, which entered into force in 2023. In 2025, the parties began expanding the list of goods covered by preferential treatment, creating additional incentives for trade diversification and deeper industrial cooperation.
Investment Cooperation: From Presence to Systemic Engagement
Investment cooperation is one of the most dynamically developing areas of bilateral relations. In 2024, the volume of Turkish investments utilized in Uzbekistan reached USD 2.2 billion, while in January-November 2025 it increased to USD 3.2 billion. A total of 2,137 enterprises with Turkish capital operate in Uzbekistan, including 496 joint ventures and 1,641 wholly Turkish-owned companies.
These enterprises are active in textiles and furniture manufacturing, construction, trade, transport, logistics, and services. Importantly, a substantial share of them is export-oriented, strengthening Uzbekistan’s integration into regional and global value chains.
Industrial Cooperation: Transition to Joint Manufacturing
In recent years, Uzbek–Turkish cooperation has increasingly shifted from traditional trade toward industrial partnership. Turkish companies are actively involved in establishing production facilities across Uzbekistan’s regions, introducing modern technologies, management standards, and export-oriented business models.
Regular meetings of the Intergovernmental Commission on Trade and Economic Cooperation, accompanied by business forums, result in detailed roadmaps comprising dozens of measures covering industry, energy, logistics, and regional projects. This approach forms a solid foundation for sustainable industrial partnership.
Interregional Cooperation: Localized Economic Engagement
Active interregional interaction has become an essential element of the new partnership model. In 2024, targeted visits by delegations from the Fergana, Khorezm, Namangan, Navoi, Samarkand, and Jizzakh regions, as well as the city of Tashkent, were held to various regions of Türkiye.
This format enables a shift from framework agreements to concrete investment projects, creates direct B2B and B2G communication channels, and contributes to a more decentralized and resilient architecture of cooperation.
Transport and Logistics as Pillars of Trade and Investment
The expansion of trade and industrial cooperation naturally increases the importance of transport and logistics interaction. Türkiye is viewed by Uzbekistan as a key logistical gateway to European and Mediterranean markets, while Uzbekistan is becoming an important hub for Türkiye’s access to Central Asia.
The development of rail and road transport, along with intensive air connectivity - up to 97 regular flights per week across eight routes - enhances business mobility, supports investment activity, and strengthens economic integration between the two countries.
Prospective Areas of Cooperation: Converging Interests
The established economic core of Uzbek–Turkish relations provides a basis for a new phase of cooperation, shifting from quantitative growth to deeper structural and technological integration.
Localization and joint development of industrial production remain key convergence points. Uzbekistan offers industrial zones, resources, and a growing domestic market, while Türkiye contributes technology, design, managerial expertise, and access to external markets.
The textile and light industry is evolving toward the production of finished branded goods and contract manufacturing for international retail chains. Mechanical engineering and electrical equipment sectors are creating prerequisites for the establishment of assembly and production facilities. The agro-industrial complex offers opportunities for deep processing and joint exports of food products.
A separate strategic direction is the joint entry into third-country markets, where the combination of Uzbekistan’s production potential and Türkiye’s trade and logistics infrastructure creates substantial competitive advantages.
Overall, over the past eight years Uzbekistan and Türkiye have built a resilient model of strategic partnership based on trade, investment, industrial cooperation, interregional engagement, and transport connectivity. Trade turnover exceeding USD 3 billion, multi-billion-dollar investments, and thousands of joint enterprises testify to the maturity and long-term nature of bilateral relations.
Mashrab Mamirov,
Head of Directorate General of the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan
The "Uzbekistan 2030" strategy aims to increase the country's gross domestic product to $160 billion and per capita income to $4,000. Achieving this goal solely through the domestic market is not possible; therefore, it is crucial to actively attract foreign investments and increase exports.
The Tashkent International Investment Forum plays a significant role in this effort. In May 2024, the third edition of the forum took place in Tashkent, becoming a significant event for the economy of Uzbekistan and the international investment community. The main objective of the forum was to enhance the inflow of foreign investments and promote economic cooperation between Uzbekistan and other countries.
The forum attracted business representatives, investors, government officials, and international organizations, facilitating dialogue and the signing of major investment agreements. In recent years, Uzbekistan has demonstrated significant growth in attracting investments, and the forum has been an important step in this direction.
In his welcoming speech, the head of state noted that Uzbekistan has attracted over $60 billion in foreign investments in recent years, with approximately $14 billion coming from international financial institutions. These investments have been directed towards social and infrastructure sectors.
The forum has gained incredible popularity, with over 2,500 participants from 93 countries, providing a platform for global dialogue and exchange of investment experiences.
It is important to highlight that the forum garnered attention from international media, with coverage from more than 110 foreign publications in 30 countries, including leading global media outlets such as CNN, Euronews, London Post, and Associated Press.
One of the key events of the forum was the presentation of regional energy projects (the construction of Kambarata-1 HPP and Yavan HPP) to foreign investors. The presentation involved the Prime Ministers of the Republic of Uzbekistan and the Kyrgyz Republic, emphasizing the importance of these projects for the entire region.
As a result of the Tashkent International Investment Forum, agreements were signed totaling $26.6 billion, indicating the high investment attractiveness of Uzbekistan and the success of the forum. For comparison, in 2022, 167 documents were signed at the forum, amounting to $11 billion, demonstrating a significant increase in investment interest in the country.
Specifically, agreements were reached on the implementation of the following major investment projects:
- Saudi Arabian company "Data Volt" will be involved in the construction of urban infrastructure in "New Tashkent" for $1 billion and will establish a "data processing center" based on green technologies for $3 billion.
- Saudi Arabian company "ACWA Power" will implement projects for the construction of a 5 GW wind power plant in the Republic of Karakalpakstan and the creation of 2 GW energy storage devices, with a total investment of $6.2 billion.
- UAE company "Amea Power" will carry out a project to build a 1000 MW wind power plant in the Republic of Karakalpakstan for $1.1 billion.
- "Saudi Tabrid" will undertake the modernization of the heating systems in Nukus, Fergana, and Kuvasay for $750 million.
- Egyptian company "Nile Sugar" will engage in sugar beet cultivation and sugar production in the Jizzakh region for $500 million.
- Chinese company "Shanghai Knud International" will implement a project for the production of textile and sewing products in the Namangan region for $205 million.
- "Wilmar International" (Singapore) will produce food products and confectionery in the Tashkent region for $200 million.
Additionally, agreements were reached with several major global companies, such as "Orascom Investment" (Egypt), "Bonafarm Grup" (Hungary), "Sayar" (USA), "Goldwind," "Sinoma" (China), "Sam Yapi" (Türkiye), "Pasha Development" (Azerbaijan), "Lasselsberger" (Austria), and "Petrosat Chexelsoton" (Iran), for the implementation of new investment projects totaling $6.6 billion.
The event included a rich program of panel sessions, discussions, business breakfasts, and roundtable discussions, focusing on key aspects of economic development. The central theme revolved around the role of the state, investors, and entrepreneurs in supporting small and medium-sized businesses.
During the session on combating corruption, experts emphasized that effective anti-corruption measures are crucial for improving the investment climate. They highlighted that creating a safe and transparent business environment plays a vital role in this process.
"The successful fight against corruption requires a comprehensive approach, including strengthening legislation and increasing the transparency of government actions," stated Akmal Burkhanov, Director of the Anti-Corruption Agency of the Republic of Uzbekistan.
The session on retail trade identified the main challenges and opportunities in the industry. Participants expressed the need for improving tax legislation and simplifying import procedures. They also emphasized the importance of creating conditions for successful adaptation of new brands in the market.
"Thanks to the resolution on reducing customs duties, we have managed to establish fair prices, as in the UK and Kazakhstan," shared Ilya Lyapustin, Sales and Marketing Director of "Tashkent City Mall."
During the business breakfast dedicated to women entrepreneurship, the significant impact of women entrepreneurs on society was emphasized. Speakers presented inspiring examples and strategies for achieving a balance between profitability and social responsibility.
Special attention was given to attracting foreign investments through residency programs.
"In recent years, Uzbekistan has proven itself as an attractive destination for global investors due to its openness to cooperation and prospects in the real estate sector," stated Akram Mukhamatkulov, representative of Henley & Partners.
The roundtable discussion on "Supply Chains and Resilience: Finding Balance in Uncertain Times" addressed the problems and strategies for ensuring the resilience of global supply chains.
"Turkey and Uzbekistan have a strategic partnership, and we can significantly strengthen cooperation by working together," noted Deputy Minister of Trade of Turkey, Sezai Ucharmak.
Experts also emphasized the importance of integrating digital technologies into investment strategies. They highlighted that digitization is not just the future but already a reality, playing a key role in accelerating investment processes and increasing transparency.
The pitch session "IT-PARK Uzbekistan: New Perspectives for Development" presented plans to transform Uzbekistan into a regional hub for information technology by 2030.
Sherzod Shermatov, Minister of Digital Technologies of Uzbekistan, highlighted the significance of recent investments. "Yesterday, we witnessed an important event - the start of the construction of the $5 billion green data center, Data Volt, a major project of direct foreign investment. We are creating a favorable environment for IT companies and launching the 'Zero Risk' program to cover all risks associated with opening and operating offices in Uzbekistan," he noted.
The roundtable discussion on "Connectivity: Reviving the Great Silk Road" brought together international experts and representatives of government bodies to explore opportunities for expanding connections, economic cooperation, and cultural exchange along the ancient Silk Road routes.
The roundtable discussion on "Integrated Urban Planning: Quality Investments, Environmental and Human Comfort" involved leading urban planners, architects, and business representatives discussing approaches to the development of the city of Tashkent. In particular, Vladislav Butenko, Managing Director and Senior Partner at BCG, emphasized the importance of integrating innovative solutions into urban planning to achieve sustainable city development. He stressed the need to consider both economic and social aspects in comprehensive planning, ensuring a balance between them.
The forum played a significant role in attracting investments for various ministries and regions of Uzbekistan. The signed agreements indicate the development of key sectors such as industry, energy, pharmaceuticals, and automotive manufacturing.
One of the major achievements of the forum was the agreement between the Ministry of Digital Technologies, the Ministry of Energy, and IT company Data Volt on the construction of a data center based on green technologies. Experts highlighted the importance of such projects for Uzbekistan. The signing ceremony was attended by Laziz Kudratov, Minister of Investment, Industry, and Trade, and Rajit Nanda, Director of Data Volt.
The third Tashkent International Investment Forum has concluded, but the planned initiatives and signed agreements promise active work in attracting investments and ensuring sustainable development. Uzbekistan has once again confirmed its role as a strategic partner on the international stage, attracting the attention of global investors and contributing to the economic growth of the region.
Tengiz Asanov,
Deputy Head of the Department of the Ministry of Investment, Industry and Trade of Uzbekistan
TASHKENT, September 24. /Dunyo IA/. The Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov held negotiations in New York City with the Minister of Foreign Affairs of Latvia Baiba Braže, reports Dunyo IA correspondent.
"Had a productive meeting with H.E. Baiba Braže, Foreign Minister of Latvia, – the head of the Ministry of Foreign Affairs of Uzbekistan wrote in his telegram channel. – We highly value the opening of the office of the Investment and Development Agency of Latvia in Tashkent. Transport connectivity and logistics, IT and digital technologies, trade and investments were on the focus of our meeting".
Experts often use the Latin phrase “si vis pacem, para bellum”, which translates as “if you want peace, prepare for war”. They emphasis that only force can guarantee peace.
The processes observed in Central Asia in recent years suggest the opposite. Against the backdrop of geopolitical turbulence, countries in the region regularly pursue policies based primarily on the principles of dialogue and good neighborliness.
In a short period of time, the face of the region has changed dramatically, common points of growth are forming, and mutual trust is becoming an important condition for stability. Common triggers for development are being identified: the formation of a common economic space, active attraction of investment, and the strengthening of cultural and humanitarian ties. A spirit of unity and solidarity has formed in the region.
As Uzbekistan's leader Shavkat Mirziyoyev noted at the 80th session of the UN General Assembly, “Today, Central Asia is different - it is united and strong, open to dialogue and full-scale partnership”.
The political transformation of the region is underpinned by steady economic growth, demonstrating the region's growing power. In particular, over the last 10 years, Central Asia's GDP has grown by more than 6% annually — twice as fast as the global average.
Due to political will and joint efforts of the leaders of the states, significant results have been achieved in resolving border issues. An important milestone on this path was the trilateral meeting of the presidents of Uzbekistan, Tajikistan and Kyrgyzstan, held on 31 March 2025 in Khujand.
As a result, an agreement was signed on the junction point of the state borders of the three countries, which is clear evidence that the governments of our states place peace and harmony above all else.
All this confirms the idea that peace can only be achieved through mutual understanding, support and cooperation, which are the basis of friendly relations. We are guided by the principle: “If you want peace, be friends with your neighbors” This approach reflects the essence of the integration processes taking place in the region and certainly deserves the attention of the international community as a “exemplary model” for resolving even the most complex conflicts of our time.
How has humanity understood the world over the centuries?
Throughout human history, peace has been regarded as one of the highest spiritual and social values. Even in ancient times, thinkers in Ancient Greece sought to understand the phenomenon of Eirene – a state of harmony, the cessation of hostility and stable order in society.
In Eastern philosophical thought, the concept of peace also occupied a special place. It was understood, first and foremost, as the inner harmony of a person with themselves and the surrounding world, as a path to spiritual balance and moral perfection.
The great thinkers of Central Asia continued to develop the idea of peace, giving it philosophical and humanistic content. Thus, Abu Nasr Farabi regarded peace and harmony as an indispensable condition for the existence of a “Virtuous City”, where justice, reason, and mutual understanding between people become the basis of social well-being. Alisher Navoi, in his poetic works, presented peace as the highest form of spiritual and moral perfection of man, the basis of creation and mutual respect between peoples.
Thus, over the centuries, the idea of peace has evolved from an understanding of it as the absence of war to an awareness of spiritual and moral harmony between people and nations.
Why was Fergana chosen as the venue for the Forum?
The choice of Fergana as the venue for the forum is no coincidence.
The Fergana Valley is a unique geographical area where peoples speaking different languages and practicing different religions have coexisted peacefully for centuries. The Great Silk Road passed through the valley, and its inhabitants were engaged in crafts, trade and science, always striving for mutual understanding and dialogue. Conflict is a foreign concept to the region.
Today, the Fergana Valley unites the territories of three independent states, whose relations are based on the principles of good neighborliness, mutual respect, sovereignty and territorial integrity.
The Fergana Valley is the most populous region in Central Asia. According to data, the Andijan, Namangan and Fergana regions of Uzbekistan alone are home to about 11 million people, which is almost a third of the country's population. If we take into account the population of the territories of neighboring states that are geographically part of the region, the total figure is about 17 million.
With this in mind, the countries of Central Asia are striving to deepen regional integration, viewing it as an important condition for sustainable development. Strengthening mutual trust and partnership is becoming one of the key areas of their foreign policy. To discuss specific steps and exchange experiences, platforms are needed that promote open dialogue and coordination of positions.
One such platform will be the Fergana Peace Forum, which will be held on 15–16 October at Fergana State University. It will be attended by representatives of government agencies and business circles of Uzbekistan, Kyrgyzstan and Tajikistan, experts from scientific, analytical and research centers, as well as delegates from the CIS, SCO, OSCE, UNDP, EU and other international organizations.
In addition, the Fergana Valley is a multinational region where representatives of all peoples and ethnic groups live in peace and harmony.
In this regard, the attention that the government pays to strengthening interethnic friendship and creating conditions for all citizens to receive education in their native language and study their national culture is of great importance.
Today, there are more than 250 schools in the Fergana, Namangan and Andijan regions where instruction is conducted in Kyrgyz, Russian and Tajik.
It is important to emphasize the important role of regional branches of national cultural centers, which are involved in ensuring inter-ethnic harmony, developing intercultural dialogue and tolerance, and strengthening good-neighborly relations with neighboring states.
Various activities are carried out in this area by 17 national cultural centers (8 in Fergana, 5 in Andijan and 4 in Namangan regions), including Russian, Slavic, Korean, Jewish, German, Tatar, Kyrgyz, Uyghur, Tajik and Turkish.
Special mention should be made of the activities of public associations, foundations and NGOs implementing socially significant projects, both with funding from domestic donors and with the support of international organizations and foreign partners such as the World Bank, UNDP, the United Nations Population Fund, the UN Women, the European Union, the International Organization for Migration, Saferworld, DVV International, Fair and Sustainable Development Solutions, DIA International and others.
The implementation of such projects contributes to ensuring access to social protection, developing entrepreneurial skills, increasing the participation of women and young people in public affairs, and strengthening mutual understanding and friendship between residents of border areas.
Overall, the first Fergana Peace Forum opens a new page in the development of good neighborly relations and partnership between the countries of the region.
In this case, the choice of the Fergana Valley as the venue reflects its historical role as a space for mutual understanding and harmony. Undoubtedly, this forum will provide an additional stimulus for further strengthening stability and expanding cooperation in Central Asia.
Abror Yusupov,
PhD in Political Science,
Associate Professor,
Deputy Director of the
Center for Analysis of Democratic Processes