At present, geopolitical tensions, the fragmentation of trade and investment flows, disruptions to global supply chains and the high cost of financial resources are creating new challenges for countries across the global economy. Under these conditions, establishing sustainable financial mechanisms for regional cooperation is becoming an important factor not only in promoting economic growth, but also in ensuring long-term stability.

From this perspective, taking financial cooperation within the Shanghai Cooperation Organization to a new level is of particular importance. The SCO region accounts for more than 40 per cent of the world’s population and over a quarter of global gross domestic product. Such vast economic potential provides a solid foundation for developing a modern financial architecture capable of supporting trade, investment and industrial cooperation within the Organization.

The expanding scope of economic cooperation has also increased the importance of its financial support. In this regard, developments observed within the SCO in recent years indicate that the Organization’s distinctive new financial infrastructure is gradually taking shape.

New Economic Realities — New Financial Needs

The expansion of the SCO’s financial infrastructure is primarily driven by the economic changes taking place within the Organization itself.

The first factor is the expanding scale of economic cooperation. Alongside trade and investment, the development of industrial cooperation, energy, digitalization and technological collaboration across the SCO region has increased demand for long-term financial resources.

The second factor is the growing number and scale of cross-border projects. The implementation of transport corridors, power grids, logistics centres and other infrastructure facilities spanning several countries generally requires large-scale, long-term investment.

The third factor is the expansion of the SCO’s membership and the diversity of its economies. The Organization includes both economies with large capital markets and landlocked countries with significant infrastructure investment needs. This has generated demand for multilateral financial mechanisms capable of accommodating the interests of diverse economies.

The fourth factor is the transformation of the global financial environment. Volatility in the cost of international capital, external shocks and currency risks have increased the importance of diversifying regional sources of financing. In this context, expanding settlements in national currencies has also become a distinct area of the SCO’s financial agenda. In 2022, the Samarkand Summit approved a roadmap for gradually increasing the share of national currencies in mutual settlements.

Thus, the need for new financial institutions has emerged not as a stand-alone initiative, but as an objective process resulting from the growing scale of trade, investment and cross-border economic relations within the SCO region.

A New Stage — New Financial Mechanisms

At the SCO Summit held in Astana in 2024, President of the Republic of Uzbekistan Shavkat Mirziyoyev emphasized the importance of promoting mutual investment, primarily in infrastructure, high technologies and services, introducing mechanisms for the financial support of such projects, and revisiting the issue of establishing the SCO Development Fund and Development Bank.

One year later, on 1 September 2025, at the 25th meeting of the SCO Council of Heads of State in Tianjin, the interested Member States reached a political consensus on establishing the SCO Development Bank.

The establishment of the Development Bank is expected to provide impetus for the SCO’s financial infrastructure to enter a new stage of development.

At the same time, the expansion of settlements in national currencies and the development of interbank cooperation, co-financing instruments and collaboration in the digitalization of public finance demonstrate that the SCO’s financial infrastructure is not limited to a single institution.

The SCO’s new financial architecture should not be confined solely to establishing one bank. Rather, it should integrate mutually complementary financial institutions and instruments into a unified system.

In this regard, it is important to establish effective cooperation mechanisms among the SCO Development Bank, the SCO Interbank Consortium, the national development institutions of Member States, commercial banks and investment funds. Opportunities for co-financing may also be pursued in cooperation with existing multilateral institutions such as the Asian Infrastructure Investment Bank, the New Development Bank, the Asian Development Bank, the Islamic Development Bank and the Eurasian Development Bank.

New Opportunities for Uzbekistan

The development of the SCO’s financial infrastructure offers a number of objective economic benefits for Uzbekistan.

First and foremost, Uzbekistan’s geographical location gives this process particular significance. Situated at the heart of Central Asia, the country serves as an important link in transport routes connecting the SCO region’s major economies with the markets of South and Central Asia. The construction of the China–Kyrgyzstan–Uzbekistan railway is one of the most prominent examples.

Therefore, expanding opportunities to finance cross-border projects within the SCO would also enable Uzbekistan to attract additional long-term resources for its transport, energy and logistics infrastructure.

Second, the new financial mechanisms would broaden the financial base for industrial cooperation. Uzbekistan’s efforts to modernize industry, manufacture high-value-added products and develop joint production chains are becoming increasingly connected with the SCO’s major markets. From this perspective, expanding the range of instruments available for financing regional projects would help diversify the sources of finance for joint investment projects.

Third, the development of the SCO’s financial infrastructure would provide greater opportunities to diversify sources of financing. For Uzbekistan, this means complementing its existing cooperation with international financial institutions and bilateral creditors with new regional financial mechanisms.

A New Stage of Financial Cooperation

The SCO is entering a new stage of its development. While security and political dialogue occupied a central place during the Organization’s initial period, today there is a growing need to support economic cooperation through concrete projects and effective financial instruments.

Therefore, the principal criterion for developing a new financial architecture within the SCO should not be the number of new institutions, but their practical effectiveness. Every new mechanism should contribute to increasing trade and investment, strengthening infrastructure connectivity, promoting industrial cooperation and mobilizing private capital.

Most importantly, effective financial mechanisms must be created that are capable of transforming the SCO’s vast economic potential into tangible investment projects. This would elevate cooperation within the Organization from coordination and dialogue to a level of practical partnership that delivers real investment, new production capacities, modern infrastructure and shared economic development.

Today, Uzbekistan continues to steadily strengthen its cooperation with the international community in education, science, culture, and innovation. In this process, the country’s partnership with UNESCO holds a special place. Uzbekistan became a member of UNESCO in 1993 – a historic step that paved the way for integrating the national education system, scientific potential, and rich cultural heritage into the global intellectual space.
The opening of the UNESCO Office in Tashkent in 1996 marked a new milestone in bilateral relations. Moreover, the National Commission of the Republic of Uzbekistan for UNESCO was established to ensure sustainable cooperation, which has since become an active platform for dialogue and partnership.
Throughout this collaboration, Uzbekistan has consistently implemented international norms and principles in education, science, and sports. One of the important steps in this direction was the ratification, in 1997, of the 1960 Convention against Discrimination in Education, aimed at promoting equality and fairness in the education system. In the same year, Uzbekistan also acceded to the 1989 Convention on Technical and Vocational Education, which contributed to expanding opportunities for young people to acquire modern professions and practical skills, linking education closely with real life.
These measures have played a key role in strengthening Uzbekistan’s position in the global educational space and demonstrate the country’s firm commitment to promoting human capital development. By joining these conventions, Uzbekistan reaffirmed its dedication to equality and quality in education, youth health and well-being, and to aligning vocational education with international standards.
The Global Convention on the Recognition of Qualifications in Higher Education
At present, Uzbekistan is taking practical steps toward joining UNESCO’s Global Convention on the Recognition of Qualifications concerning Higher Education. This document aims to harmonize international education systems, ensure mutual recognition of diplomas and qualifications, and expand academic and scientific mobility. The initiative will help make Uzbekistan’s higher education system more open and competitive globally, enhance cooperation with foreign universities, and improve the international employability of Uzbek graduates.
On December 10, 2021, Tashkent hosted a High-Level Meeting of Experts on Strengthening Stakeholder Cooperation for the Adoption and Implementation of the Global Convention on the Recognition of Qualifications. National and international experts, government representatives, and higher education institutions discussed the significance of Uzbekistan’s accession to the convention as a key step in integrating the national higher education system into the global academic space.
UNESCO Chairs in Uzbekistan
One of the most effective areas of cooperation between Uzbekistan and UNESCO is the establishment and activity of UNESCO Chairs. Currently, there are nine UNESCO Chairs operating at higher education institutions across the country. Each of them contributes to strengthening international cooperation in education, science, culture, communication, and information, as well as to advancing research potential and promoting the principles of sustainable development.
UNESCO Chairs are established under the UNITWIN (University Twinning and Networking) Programme, launched in 1992 to encourage the exchange of experience and knowledge among universities and to expand global academic cooperation. Today, the network brings together over 700 chairs and research centers in 114 countries around the world.
In most cases, the activities of UNESCO Chairs are financed directly by the universities themselves — reflecting their aspiration to enhance academic prestige and to operate in close cooperation with the international scientific community.
A vivid example of such cooperation is the UNESCO Chair in Education for Sustainable Development at Urgench State University. The Chair has organized more than 20 events involving teachers, researchers, students, NGOs, and international experts. It has also held conferences, launched student exchange programmes, and published joint research papers. Such initiatives not only strengthen the capacity of the national education system but also promote Uzbekistan’s integration into the global scientific and intellectual community.
Rural Development and Human Potential: Supported by UNESCO and the European Union
Uzbekistan is steadily advancing international cooperation in promoting rural development, youth employment, and the enhancement of modern professional skills. A vivid example of this is the project “Development of Employment Skills in Rural Areas of Uzbekistan,” funded by the European Union and implemented by the UNESCO Office in Tashkent.
The six-year project (2020–2026), with a total budget of €9.6 million, is a clear reflection of the strong partnership between the European Union and UNESCO in supporting education reforms in Uzbekistan. The main goal of the initiative is to ensure sustainable economic growth by training specialists equipped with up-to-date knowledge and skills that meet the needs of the rural labor market.
Within the project, Uzbekistan’s agricultural education system is undergoing major modernization. Specialists are being trained in such forward-looking fields as intensive horticulture, greenhouse management, agricultural product processing and storage, water management and land reclamation, and the operation of water-saving irrigation systems — all oriented toward practical skills demanded by the modern labor market.
A significant component of the project is the development of a National Vocational Education Strategy, new occupational standards, and educational programmes in agriculture and water management. In addition, pilot educational institutions are being equipped with modern laboratories, learning facilities, and teaching technologies.
Four pilot colleges — in Qorovulbozor, Qo‘shko‘pir, G‘ijduvon, and Qizirik — have been selected to implement the project. They have received modern tractors, technical equipment, computers, and refrigeration units for agricultural product storage. Moreover, four Advanced Vocational Training Centers are being renovated and equipped with up-to-date facilities.
During implementation, the rural labor market was analyzed to assess demand for mid-level specialists. Based on the results, six pilot specializations — including Automated Water Management Systems Technician, Animal Husbandry, Greenhouse Management, Irrigated Land Reclamation, Crop Science, and Farm Management — were introduced, and student admissions began in the 2023/2024 academic year.
In May 2024, an international conference titled “National Frameworks for Quality Assurance” was held within the project, focusing on aligning Uzbekistan’s vocational education system with international quality standards and strengthening human capital.
Additionally, under UNESCO’s “Delta Framework” programme, national ICT competencies are being developed, and special training courses for teachers of pilot institutions are planned.
This initiative serves not only to modernize the vocational education system but also to foster sustainable rural development, enhance youth employability, and improve the quality of life in local communities.
Science and Innovation for a Peaceful and Sustainable Future
In recent years, Uzbekistan has witnessed growing enthusiasm for new scientific ideas, research, and innovation. A shining example of this is the “InnoWeek.Uz” International Week of Innovative Ideas, held annually since 2018. Each year, the event provides a unique platform for bridging science and practice, engaging young researchers in innovation, and expanding global scientific cooperation.
“InnoWeek.Uz” has become a true celebration of creativity, discovery, and technological advancement — a space where scientific potential, imagination, and passion for progress converge. Creating the future through research and innovation, and opening new paths to development through knowledge, lies at the heart of this initiative.
The “InnoWeek.Uz–2024” edition marked a new milestone, featuring the “Science & Innovation for a Peaceful and Sustainable Future” Forum organized under the auspices of UNESCO. The forum brought together young scientists, researchers, and experts from around the world to exchange views on the role of science and innovation in promoting peace and sustainable development. The participants shared their research achievements and discussed new opportunities for global collaboration in science and technology.
Through their work, young scientists inspired others by seeking solutions to modern challenges, developing technologies that serve human welfare, and advancing harmony between nature and society. Discussions at the forum highlighted the role of innovation in economic and social progress, the contribution of science to peacebuilding, and the prospects for future scientific cooperation.
All these initiatives implemented in cooperation with UNESCO deepen Uzbekistan’s ongoing reforms in education, science, and culture, while strengthening the country’s ties with the global community.
Today, knowledge and creativity, tradition and innovation, national values and modern approaches unite in Uzbekistan with one shared goal — progress and a sustainable future.
As UNESCO’s noble motto proclaims, “Building peace through education, science and culture” — this principle embodies both the moral and practical essence of Uzbekistan’s policy today. The nation continues to move forward with determination, fostering peace, development, and prosperity through enlightenment and science.

Kongratbay Sharipov,
Minister of higher education, science and innovationof the Republic of Uzbekistan

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

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

Drivers of Trade and Economic Cooperation

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

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

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

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

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

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

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

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

Investment and Industrial Cooperation

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

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

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

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

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

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

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

Promising Areas of Cooperation

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Ruslan Abaturov,
Center for Economic Research and Reforms

The true strength of interstate relations is determined not only by political agreements or economic indicators. The better nations understand one another, and the greater the respect they show for each other’s history, culture and values, the stronger and more sustainable relations between states become.

In this regard, relations between Uzbekistan and Serbia are acquiring new substance and significance.

Over the past year, important steps have been taken to lay the foundation for a new stage of cooperation between the two countries. In particular, on 28 October, talks were held in Tashkent between President of the Republic of Uzbekistan Shavkat Mirziyoyev and President of the Republic of Serbia Aleksandar Vučić. Among the documents signed following the talks, the Agreement on Cooperation in the Fields of Education, Science and Culture is of particular importance, reflecting the strong attention being paid to the cultural and humanitarian dimension of bilateral relations.

Today, it is essential for us to transform the existing legal framework into practical, substantive cultural projects that produce tangible results for our peoples.

From dialogue to practical cooperation

When discussing the role of Uzbekistan’s national culture on the international stage, we should not limit ourselves to showcasing historical monuments or examples of national art. Culture is a spiritual process that encompasses history, creativity and the worldview of the younger generation. From this perspective, it is important to develop cultural ties with Serbia not as a series of one-off events, but as a systematic and continuous process of creative cooperation.

Uzbekistan’s music and dance, theatre and cinema, visual and applied arts, literature and traditional crafts offer broad opportunities to introduce Serbian audiences to the rich cultural heritage of our country. At the same time, broader promotion and presentation of Serbian culture and art in Uzbekistan will help transform cultural dialogue between our two peoples into a mutually beneficial and mutually enriching process.

In this regard, Days of Culture, exhibitions, concerts, film screenings, theatre tours, creative meetings and master classes are among the most effective instruments for advancing cultural cooperation.

“From Al-Khwarizmi to Tesla”

Cinematography holds a special place in Uzbek-Serbian cultural cooperation. In particular, on 3 April 2026, during a meeting at the Ministry of Culture of the Republic of Uzbekistan with Lav Pajkić, State Secretary of the Ministry of Culture of the Republic of Serbia, organisational issues related to the joint film project “From Al-Khwarizmi to Tesla”, planned to be produced with the participation of the two countries, were discussed. This project represents an important step towards further developing cooperation in the field of cinematography.

The concept of the project itself carries profound symbolic significance. On the one hand stands Muhammad al-Khwarizmi, who made an outstanding contribution to the development of world science; on the other, Nikola Tesla, who holds a prominent place in the history of electrical engineering and invention. Bringing these two outstanding figures together within a single artistic concept provides a unique opportunity to highlight the contributions of the two peoples not only to culture, but also to science, intellectual thought and the advancement of civilisation.

The strength of modern cinema also lies in its ability to convey historical memory to younger generations and a broad international audience through a compelling and accessible language.

Days of culture — not merely a showcase, but a platform for dialogue

The discussion of holding “Days of Uzbek culture” in Serbia in 2026 is also an important area of cultural cooperation between the two countries.

Such an event should not be viewed merely as a concert or exhibition. Days of Culture are a broad platform for presenting a nation’s cultural identity, learning about another people’s culture, and fostering mutual understanding.

Therefore, when presenting Uzbekistan’s culture in Serbia, it is important to combine national music and dance, visual and applied arts, cinema, literature and traditional crafts with creative meetings, master classes, academic and practical conferences, and literary evenings.

Preserving cultural heritage is a shared responsibility. The historical and cultural heritage dimension also holds particular importance in Uzbek-Serbian cultural cooperation.

Uzbekistan’s historic cities of Samarkand, Bukhara and Khiva have played an important role in the development of world civilisation. Serbia, in turn, is also rightfully proud of its historic cities, architectural monuments and rich cultural heritage.

In this regard, the exchange of expertise between museums, archives, research institutions and organisations working in the field of cultural heritage preservation is one of the promising areas of cooperation. Particularly meaningful practical results can be achieved through cooperation in such fields as restoration, museology, the study of archival materials and the digitisation of cultural heritage.

Translation — a strong bridge between two literatures

One of the most important means of bringing peoples closer together is literature. Translating works of Uzbek literature into Serbian and Serbian literature into Uzbek creates opportunities for a deeper understanding of the inner world, historical memory and spiritual values of the two peoples.

In this area, important tasks include organising literary meetings with the participation of writers and poets, holding seminars for translators, establishing dedicated sections in literary journals, and expanding cooperation between higher education and research institutions.

Indeed, every quality literary work translated into another language becomes a bridge not only between two languages, but also between two peoples.

Tashkent and Belgrade: from сity-to-сity сooperation to people-to-people diplomacy

The signing, on 28 October 2025, of the agreement establishing partnership relations between the cities of Tashkent and Belgrade also opens new opportunities for the development of cultural ties. Going forward, these relations can be enriched through concrete cultural exchanges between the two cities.

Mutual visits by artists, theatre companies, musicians, young cultural and creative professionals, as well as museum and library specialists, can bring cultural diplomacy even closer to the people. People-to-people diplomacy begins not only at major international platforms, but, above all, through direct human interaction.

The tasks ahead are clear

At the next stage of Uzbek-Serbian cultural cooperation, it is necessary to clearly define the key priorities.

First, to establish the systematic organisation of “Days of Uzbek culture” in Serbia and Days of Serbian Culture in Uzbekistan.

Second, to ensure the practical implementation of joint film projects such as “From Al-Khwarizmi to Tesla” and further expand creative cooperation in the field of cinematography.

Third, to increase the number of creative exchanges among representatives of theatre, music, dance, visual and applied arts.

Fourth, to strengthen professional cooperation among museums, archives and institutions working in the field of cultural heritage preservation.

Fifth, to intensify the mutual translation of Uzbek and Serbian literary works, support young creative professionals and establish joint creative platforms for them.

Sixth, to expand the use of digital technologies in culture and the arts and develop joint digital projects.

Most importantly, these tasks should not remain merely on paper. They must be supported by concrete projects, clear implementation timelines and tangible results.

The most effective language of closer relations

The role of culture in relations between Uzbekistan and Serbia is steadily growing. The primary purpose of this process is not merely to showcase our national art abroad. Its fundamental objective is to deepen mutual understanding, bring creative communities together, jointly study historical and cultural heritage, and create new platforms for dialogue among younger generations.

Today, the task of cultural diplomacy is to elevate existing ties to a new level, enrich them with meaningful content and transform them into lasting relations between our peoples.

In Uzbekistan’s international cultural policy, it is important to approach relations with each country with due regard for its historical and cultural characteristics. In cooperation with Serbia, we are united by such important principles as shared human values, respect for history, and a strong commitment to science and creativity.

The greatest achievement of culture is that it brings people, rather than borders, closer together.

Developing cultural cooperation between Uzbekistan and Serbia on the basis of this principle is a task for today and our responsibility to future generations. Culture is one of the most powerful factors contributing to the unity, spirituality and enlightenment of peoples.

As long as our national culture remains vibrant, every sphere built upon it can achieve significant success and make a worthy contribution to the development and prosperity of our country.

Ozodbek Nazarbekov
Minister of Culture of the Republic of Uzbekistan

President Shavkat Mirziyoyev signed the law "On Recognition of Rights to Unauthorized Land Plots and Buildings and Structures Constructed on Them".

Many citizens of our country have been waiting for the resolution of this issue, which concerns the lives of millions of families. According to preliminary data, there are currently more than 3 million 600 thousand land plots, the legal documents for which are not formalized or incomplete.

In this regard, the head of state at a video conference call on land registration and cadastre held on November 21, 2023, noted the need for a legal solution to this issue. Accordingly, a draft law was developed with the participation of specialists in the sphere and deputies. The positive experience of Italy, Bulgaria, Croatia, the Czech Republic and other countries was taken into account. The draft was finalized and considered in the chambers of the Oliy Majlis.

The law consists of 6 chapters and 35 articles, which recognize rights to the following land plots and property:

1) land plots unauthorizedly seized by citizens before May 1, 2018 through the construction of individual housing, and buildings and structures built on them;

2) land plots occupied by citizens and organizations before May 1, 2018 in excess of the area specified in the document, as well as buildings and structures built on them;

3) land plots, the recognition of rights to which within the framework of the "one-time action" has not been completed, as well as buildings and structures constructed on them;

4) land plots allocated by decision of the regional (city) khokim until June 8, 2021, but not approved by the regional khokim or the Kengash of People's Deputies;

5) residential premises on the territory of horticultural and vine-growing associations and the land plot occupied by them;

6) land plots of entrepreneurs located in small industrial zones before March 9, 2020;

7) land plots occupied by buildings and houses privatized by state warrant;

8) land plots occupied by buildings and houses for which the ownership right has been recognized by the decision of the hokim.

The law also clearly defines the main conditions for recognizing rights. For example, the land plot should not be allocated to other persons or put up for auction; there should be no dispute over the land plot; there should be no contradiction with the general plan.

Recognition of rights is carried out step by step by region. Approval of information and documents concerning unauthorized land plots and buildings and structures built on them is carried out through the automated information system of the Cadastre Agency. The relevant information is also entered into this system by 15 authorized organizations.

Completeness and legality of the collected documents are checked by the regional justice department. The results will be announced on the website of the Cadastre Agency and in makhalla corners. Citizens who have received a positive conclusion will be sent an SMS-message, on the basis of which a one-time payment will be made. After that, the rights will be recognized quarterly by the decision of the regional Kengash of People's Deputies.

The bodies of prosecutor's office, internal affairs, agro-inspection, ecology, cadastre establish state control over the implementation of the law. The law also pays special attention to public control. Thus, public groups will be created in each mahalla by decision of district councils of people's deputies. These groups will include a deputy of the district council elected from the district where the mahalla is located, the chairman of the mahalla and active citizens.

A one-time payment is charged for the recognition of rights to land plots under residential houses, privatized or buildings and structures recognized on the right of ownership. The amount of the payment is 5 basic calculation units in the city of Tashkent, 3 BRV in the city of Nukus and regional centers, 2 BRV in cities and 1 BRV in other settlements. Persons included in the Unified Register of Social Protection and persons with disabilities are given a discount.

The one-time payment is directed to cover the costs of the cadastre and justice bodies and the Uzbekcosmos Agency. The remaining funds will be directed to the activities of the initiative budget, i.e. to the mahallas.

The law will come into force in 3 months, before that explanatory and preparatory work will be carried out on the ground. The law will be in force until January 1, 2028.

It should be noted that in the Republic of Karakalpakstan work in this direction has already begun. The Decree of the President of Uzbekistan of July 28, 2023 allowed to recognize the rights to undocumented residential houses and land plots located in the region by the decision of Jokargy Kenes of the Republic of Karakalpakstan.

After that, working groups were established in all districts and cities to examine 43,432 houses built in the Republic of Karakalpakstan without title documents. The location, condition and time of construction of the houses were verified on the basis of an analysis of land records and space images.

Following a comprehensive discussion, ownership of 27,590 residential houses and the right to lease the land on which they are located were recognized.

The results of this noble policy have had a positive impact on the lives of more than 100,000 citizens living in 27,590 houses. They now have the right to legally register their housing, sell it to another person, and put family members on permanent registration. Also, owners will now be able to receive preferential loans for repairs or additional construction, and in case of seizure of housing for public needs to demand compensation in accordance with the law.

The law "On Recognition of Rights to Unauthorized Land Plots and Buildings and Structures Constructed on Them" will expand the scope of this noble work throughout the country. If we assume that each of more than 3 million 600 thousand land plots concerns on average 3-4 citizens or entrepreneurs, this law will solve the problems of more than 10 million people and create a legal basis for their future life.

The President got acquainted with the construction of transportation infrastructure and engineering communications in New Tashkent.

As is known, the city under construction is designed for 1 million residents, which requires appropriate infrastructure with a view of long-term operation. In this regard, major underground engineering works are underway, laying the foundation for future grandiose constructions.

It is planned that infrastructure, daily life and ecology will harmoniously coexist in the new city. For instance, it is planned to create an environmentally friendly transportation system - metro and electric buses will be closely interconnected. For transportation 14 tunnels will be built, underground parking lots for 100 thousand cars will be equipped. In addition, all conditions will be created for barrier-free and safe movement of pedestrians and cyclists.

At one of the future intersections, foundation pouring for columns and waterproofing works are already underway. The President reviewed these processes. Recommendations were given on the use of high-quality and resistant materials.

Currently, the construction of one-section and two-section engineering collectors has begun, through which all centralized heating, water, electricity and telecommunications networks will pass underground.

The city will apply “smart” technologies in line with modern urbanization requirements. For the first time in the country, a “trigeneration” plant will be built here. Wastewater will be processed using modern technologies, and the resulting water will be used for irrigation and technical needs.

The President was also presented with the projects envisioned within the framework of the first stage of construction of New Tashkent. The winners of the auctions at which land plots were offered presented their investment initiatives.

Many local and foreign investors are interested in New Tashkent. Within the framework of the first phase, 11 mixed-use complexes, as well as hotels and restaurants have already been launched at a total cost of $490 million. Residential and commercial facilities as well as social institutions will make the neighborhood lively and attractive. Meanwhile, hotels and restaurants built in a unique architectural style will provide high-class service to guests and turn the city into a tourist center.

Next year, land plots for subsequent phases will be put up for bidding. Each phase will present new investment opportunities and projects. This will not only contribute to the further development of the city, but also create many new jobs and support local businesses.

In general, it is planned to create about 200 thousand high-income jobs in New Tashkent through the introduction of innovative technologies. Technoparks, IT-park, educational and medical clusters will be created for this purpose.

Cooperation between the Republic of Uzbekistan and the Czech Republic in the field of tourism has been developing actively in recent years and is gaining a stable and sustainable character.

Both countries view tourism not only as an economic sector but also as an important tool for cultural exchange, strengthening international relations, and fostering mutual understanding between peoples. Within the framework of bilateral cooperation, joint tourism forums and presentations of tourism potential are regularly organized, and collaboration is being developed between tourism companies and educational institutions. Participation in international exhibitions also plays a significant role, where Uzbekistan promotes its historical and cultural routes, while the Czech Republic presents European travel destinations.

One of the reasons for the growing interest of Czech citizens in Uzbekistan is its rich historical heritage. Cities such as Samarkand, Bukhara, and Khiva—important centers of the ancient Great Silk Road—attract tourists with their unique architecture and the atmosphere of Eastern civilization. For Czech travelers, these destinations are of particular value, as they offer an opportunity to experience history preserved in a living form, distinct from the familiar European cultural landscape.

Another important factor is the exotic and authentic character of Uzbekistan. Tourists from the Czech Republic highlight the unique atmosphere of oriental bazaars, the diversity of national cuisine, the richness of traditions, and the hospitality of local people. All of this creates a truly unique travel experience that is difficult to find in more mass tourism destinations.

A significant role in the growth of tourist flows is also played by the development of Uzbekistan’s tourism infrastructure. A visa-free regime has been introduced for citizens of the Czech Republic, hotels are being modernized, and the transport network is expanding, including domestic flights and high-speed rail connections between major cities. All this makes travel more comfortable and accessible for European tourists, including Czech citizens.

Cultural and educational exchange remains another important area of cooperation. Czechs show interest in Uzbek crafts such as carpet weaving, ceramics, and national embroidery, as well as traditional music and dance. In addition, academic and business exchanges are developing, including participation in conferences, educational programs, and business initiatives, further strengthening ties between the two countries.

A significant milestone in bilateral cooperation was the workshop “Beginning of the Czech Odyssey. Popular Spa Resorts of the Czech Republic,” held in Tashkent with the participation of representatives of government agencies, the diplomatic corps, leading Czech spa resorts and hotels, as well as Uzbek tour operators.

During the event, new tourism products of the Czech Republic were presented, and prospects for expanding cooperation in spa, medical, and wellness tourism were discussed. Special attention was paid to building long-term partnerships between tourism companies of both countries.

Additional momentum to cooperation was provided by the visit of a working group of the Tourism Committee of the Republic of Uzbekistan to Prague, where negotiations were held with representatives of the Czech Ministry for Regional Development, relevant associations, and leading tourism companies. The meetings focused on expanding tourism exchange, developing institutional cooperation, and implementing joint tourism initiatives.

Despite positive dynamics, certain infrastructural limitations remain, in particular the absence of direct and more convenient air connections between cities of the two countries, which somewhat constrains further growth in tourist exchanges.

In the future, cooperation between Uzbekistan and the Czech Republic in tourism is expected to expand further. Growth in tourist flows, development of new routes, improved transport accessibility, and implementation of joint cultural and sustainable tourism projects are anticipated. All of this will contribute to strengthening bilateral relations and make Uzbekistan an even more attractive destination for tourists from the Czech Republic.

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)

Despite its limited access to the world's major ports, Uzbekistan can fully develop its transportation and logistics industry through the formation of land transport corridors, developing them throughout the Eurasian region. Being located in the center of the crossroads of trade routes during the Great Silk Road, Uzbekistan has a unique opportunity to become an important provider of logistics of cargo flows between China and Southern Europe, on the one hand, and the Indian Peninsula and CIS, Northern Europe, on the other hand.
Landlocked countries account for less than 1% of world exports. Moreover, the share of Central Asian countries in the global export of transport services is very small and is represented in the following proportions: Uzbekistan, which has access to the sea only through two countries – 0.1%, Kazakhstan – 0.3%, Tajikistan – 0.007%, Kyrgyzstan – 0.03%.
However, the transport complex of Uzbekistan maintains a dominant position in foreign trade in services and is one of the main sources of foreign currency inflow into the country. Transport services in the republic form 43% of the total volume of the country's service exports and 65% of the balance of foreign trade in services. Uzbekistan's transport service exports in 2022 amounted to $2.2 billion, and the positive balance of foreign trade in transport services amounted to $1.7 billion.


Figure 1. Uzbekistan’s share in global exports of transport services in 2022, %


Calculated according to UNCTAD and Statistics Agency of the Republic of Uzbekistan
One of the main problems of Uzbekistan's international freight transport is the underutilization of its export and transit potential, which reduces revenues from the export of transport and logistics services. For example, when comparing actual exports in tons, Uzbekistan is behind Russia by 20 times, Turkey by 10 times, and Kazakhstan by 9 times.
In 2023, the volume of interstate cargo transportation in the Republic of Uzbekistan amounted to 62 million tons, which is 16% higher than in 2022. The largest share in the volume of export-import cargo transportation of the republic falls on Kazakhstan (30%), to a lesser extent on Russia (26%), China (10%), and Afghanistan (4%). Rail transport accounts for the largest share (76%) of Uzbekistan's international cargo transportation (export, import, and transit). The export of transport services includes the transit of goods through the territory of Uzbekistan with a total share in the export of railway services of up to 45%.
The unrealized transit crossroads of Eurasia
One of the main global logistics trends is trade between China and the EU. According to the ERAI review, in 2023, the trade turnover between them amounted to 738 million euros, and according to EUROSTAT exceeded 104 million tons. In the current realities, rail transportation between Europe and China is carried out along the Eurasian route through the territories of Kazakhstan, Russia, Belarus; Mongolia and Russia (Naushki border crossing), as well as along the Trans-Caspian International Transport Route – TITR (Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, the Black Sea).
Part of the cargo flows that previously passed through the northern corridor has been redirected to TITR. However, the Eurasian route continues to occupy a leading position. In 2023, a total of 674 thousand TEU passed along this route, which is 1.1% less than in 2022 (681 thousand TEU), but at the same time, in the first half of 2024, the volume of container traffic by China-Europe trains along TITR increased by 12.8% with a volume of 196.6 thousand TEU.
As can be seen, Uzbekistan does not fit into the list of major transit countries between China and the EU in the "Eurasian" and "Trans-Caspian" directions and claims only a part of the target markets mainly in direction along the Southern Corridor through Turkmenistan, Iran, and Turkey.
So, a limited number of international transport corridors pass through the territory of Uzbekistan. The main countries forming the transit of Uzbekistan are neighboring Afghanistan, Kazakhstan, Tajikistan, and Kyrgyzstan, as well as Russia, which is considered an important trading partner for the Central Asian countries. The transport isolation of the region, undiversified transport routes, and limited export deliveries mainly in the northern direction lead to a loss of profit due to the sale of domestic goods mainly to neighboring countries at a fairly low cost.
Transit Priorities
To sell domestic products at competitive world prices, Uzbekistan needs to develop additional export trade routes to other countries, such as China, the Asia-Pacific region, the Middle East, India, Pakistan, and others. This requires competitive and efficient transport and transit corridors that allow for increasing the volume of transit cargo through the Republic of Uzbekistan.
Therefore, the priority directions identified by 2030 for the development of international transport corridors and bringing the volume of transit traffic through the territory of the republic to 16 million tons include the task of increasing revenues from the export of transport services. The key task in this case is to increase the volume of multimodal cargo transportation in the directions of China – Kyrgyzstan – Uzbekistan (Kashgar–Irkeshtam–Osh–Andijan–Tashkent) and Uzbekistan – Afghanistan – Pakistan (Termez – Hairatan – Logar – Karachi).
China - Kyrgyzstan - Uzbekistan. The volume of cargo transportation of the PRC with such countries as Turkey, Iran, Turkmenistan, Afghanistan, and Pakistan in 2023 amounted to almost 50 million tons, with the main volume of cargo transportation carried out by sea transport. Studies have shown that it is possible to attract part of the cargo to the "China–Kyrgyzstan–Uzbekistan" route, in the amount of about 10 million tons, and with the stable organization of cargo transportation along the route, the volume of cargo transportation by 2040 may increase by 4 times.
Uzbekistan – Afghanistan – Pakistan. The geographical proximity to Afghanistan, and further south to Pakistan and India, gives Uzbekistan the opportunity to unlock its existing potential and provide cargo transportation services in export, import, and transit traffic in the direction of South Asian countries (Afghanistan, Pakistan, and India), without competing for existing transport and trade corridors. Therefore, Uzbekistan is extremely interested in trade and transport cooperation with Afghanistan and in the implementation of the Trans-Afghan Railway project "Uzbekistan–Afghanistan–Pakistan." This road will allow establishing a direct rail link between Uzbekistan and Pakistan through the territory of Afghanistan with further access to the ports of the Indian Ocean.
The importance and effectiveness of the "Uzbekistan–Afghanistan–Pakistan" (UAP) project can be significantly increased if it is implemented in parallel with the project of building the "Uzbekistan – Kyrgyzstan – China" (CKU) railway line, which is the shortest way to connect China with Pakistan and India and will allow a multiple increase in the volume of traffic from/to China to the countries of Central and South Asia.
In this regard, within the framework of two strategic projects UAP and CKU, the ongoing activities on formation of new uninterrupted perspective multimodal transport corridors in the region are relevant. In November 2023 in Tashkent within the framework of the ECO Ministerial Meeting the Protocol of the multilateral meeting on establishment of the international multimodal route between Asia-Europe through “Uzbekistan-Turkmenistan-Iran-Türkiye”, was signed.

In November 2023, a Memorandum on mutual Understanding on the creation and development of international transport corridor “Belarus-Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan” with access to the ports of the Indian Ocean was signed in Tashkent. In April of this year, Termez hosted meetings of transportation agencies and railway administrations of the countries-participants of this corridor, which resulted in the adoption of the Road Map, including the main activities for further development of the corridor.
It should be noted that the abovementioned documents are open for other interested countries to join the transport corridors.
Multifaceted Transport Policy
It should be noted that the policy of forming international transport corridors in Uzbekistan is somewhat different from the policies of several other countries and is aimed at attracting as many countries as possible to the active development of a branched network of transport corridors that ensure efficient foreign trade cargo transportation. As emphasized by the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, at the SCO Summit in Astana on July 4 of this year, "the multivariance of transport corridors is the most important condition for the sustainable development of our entire region."
However, the effective functioning of various corridor options is hindered by the lack of unified Cargo Transportation Rules, a unified Transport Document Standard that would be used on all types of transport, as well as the absence of digital platforms for providing customers with freight transportation services remotely from anywhere in the world. All this slows down the transport integration of Asian countries in the context of developing routes between Central and South Asia, and China, on the one hand, and the integration of Asian countries with European communications on the other.
To solve the problems of different legal and technical standards in freight transportation between European and Asian countries, which hinder the full-fledged transportation of goods without delays, it makes sense to develop new services for logistics and cargo transportation market participants, while applying modern technologies.
These include the production of universal wagons with variable gauge axle systems at the country's industrial facilities, with their further use both in Uzbekistan and southern countries, China and others, as well as the development of a digital platform for online registration of cargo transportation and transportation documents, which will lead to additional revenues from the export of transport services.
In this regard, the initiative of the President of Uzbekistan Shavkat Mirziyoyev, announced in June at the OTS Summit on the formation of a Council of Railway Administrations within the framework of the organization and the placement of its directorate in Tashkent, is relevant. The Council could act as a regulator for the integration of the railways of China, the Asia-Pacific region, South and Southeast Asia with the countries of Central Asia, the Caucasus, and the EU.
To assess the prospects for the coordinated development of transport corridors, a forecast of foreign trade volume was made based on an analysis of panel data using a combined model of two directions of international cargo transportation: China-EU and China-CA. The results of this forecast showed that by 2050, the volume of trade between China and the EU will increase by 4.5 times compared to 2023, and between China and CA - by 5 times. At the same time, the total volume of trade between South Asian countries (India and Pakistan) with trading partners (EU, Russia, China, Belarus, Kazakhstan, Uzbekistan, and Turkmenistan) will increase by 3.8 times compared to 2023.

In the near future, a clearly defined strategy for integrating Central Asian countries into the international transport network can help solve the region's problems and lead to an increase in the export of transport and logistics services and attract cargo flow, and later passenger flow, to the territory of the Asia-Pacific region, South and Central Asia. As the President of Uzbekistan Shavkat Mirziyoyev said: "We are open to cooperation and ready to become a reliable partner in creating new transport corridors and integration projects."

Dildora Ibragimova,
Center for the Study of Transport and Logistics Development Problems under the Ministry of Transport of the Republic of Uzbekistan

The 22nd International Exhibition on Woodworking. Furniture components. Furniture and Interior Design – WoodTech & MebelExpo Uzbekistan 2026, the flagship annual event for professionals in the furniture and woodworking industries, will take place from 28 to 30 April 2026 at the Uzexpocentre National Exhibition Centre in the city of Tashkent.

With more than two decades of history, the exhibition continues to serve as a major industry platform, bringing together leading manufacturers, suppliers and experts in technological solutions for woodworking, furniture production and interior design.

More than 120 companies and brands from 12 countries are expected to exhibit. As in previous years, the Turkish national stand will be represented, while companies from China and the Ulyanovsk Region of the Russian Federation have announced their collective participation. A comprehensive showcase of products by Uzbek manufacturers of furniture components and finished furniture is also expected.

The exhibition will feature the latest woodworking machinery and tools to be demonstrated in operation, alongside materials, components and supplies for furniture manufacture, as well as furniture chemicals and a selection of finished pieces for both home and office interiors.

Visitors can expect product launches, live demonstrations, specialist presentations, masterclasses and business meetings, supported by a varied programme of industry-focused events.

Exhibitors will represent the full spectrum of furniture component manufacturing, including boards and panels, fittings and fixings, accessories, fillings, foam, profiles and facades, as well as upholstery fabrics and eco-leather. A dedicated section will focus on furniture chemicals, with a particular emphasis on adhesives, coatings and finishes.

Developments in woodworking technology will be presented by many leading equipment suppliers and distributors. The exhibition will also include furniture collections from both local and international manufacturers, offering practical and contemporary interior solutions for residential and commercial spaces.

The exhibition promotes intensive dialogue among industry experts, equips and upgrades domestic furniture production with the products from the world's best manufacturers, and provides domestic furniture makers with in-demand raw materials and supplies, thereby improving the quality, environmental friendliness, and range of furniture products, as well as their competitiveness in domestic and international markets.

According to the organizers—the international exhibition company Iteca Exhibitions and its partner ICA Eurasia Group—visiting the exhibition requires online registration via the link: https://clck.ru/3SHoAH .

IA “Dunyo”

President of the Republic of Uzbekistan Shavkat Mirziyoyev met with World Bank Vice President for Europe and Central Asia Antonella Bassani on September 30.

The sides considered topical issues of further expansion of strategic cooperation with the World Bank Group and support of this leading international financial institution to the ongoing reform program in New Uzbekistan.

At the beginning of the meeting, Vice President Antonella Bassani conveyed to the head of our state sincere greetings and best wishes of World Bank President Ajay Bangui.

During the conversation, the current high level and fruitful nature of bilateral cooperation were noted with deep satisfaction.

In recent years, our country has become one of the largest partners of the Bank - the portfolio of projects has increased several times and now exceeds 12 billion dollars.

The World Bank supports the implementation of important reforms aimed at ensuring the sustainability of economic and social sectors. Since July this year, the Bank's regional office has been operating in Tashkent.

Such areas as poverty reduction, transformation of state-owned enterprises and banks, decarbonization, support for WTO accession and others have been identified as priorities for further expansion of the partnership.

Special attention was paid to the programs of urbanization and integrated development of regions, modernization of energy and irrigation infrastructure, support to the private sector.

There was also an exchange of views on the promotion of regional projects.

Authors:

Eldor Aripov, Director of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan

KANG Myongil, Senior Executive Director of the Institute of Foreign Affairs and National Security

When a diplomatic dialogue is elevated from the level of foreign ministers to that of heads of state, it is rarely a matter of protocol alone. Such decisions are typically made when existing mechanisms of cooperation no longer match the scale of emerging challenges.

That is precisely why the upcoming inaugural Republic of Korea-Central Asia Summit marks an important milestone in relations between the two sides. The state visit of President of the Republic of Uzbekistan Shavkat Mirziyoyev to Seoul will take place on the occasion of the Summit.

The Republic of Korea-Central Asia framework itself is not new. For nearly two decades, it has served as a valuable platform for political dialogue and practical cooperation, generating numerous joint initiatives. Bringing the format to the leaders' level, however, reflects a qualitative shift — from sectoral coordination toward strategic decision-making.

For the Republic of Korea, this elevation also reflects a clear commitment to engage Central Asia as a strong strategic partner and to forge a mutually beneficial partnership that builds on strong bilateral ties while advancing broader regional cooperation.

The principal reason for this elevation lies not in a sudden change in Seoul's policy but in the convergence of two developments: the transformation of Central Asia itself and Korea's determination to deepen strategic engagement with the region.

Over the past several years, the region has undergone perhaps its most profound transformation since independence. The Central Asian states have significantly strengthened mutual trust, institutionalized regular political dialogue, and launched mechanisms for practical regional cooperation. As a result, Central Asia is increasingly viewed not simply as a geographical concept, but as a region with the capacity to pursue shared priorities and act with greater strategic coherence.

Against this backdrop, the Republic of Korea's growing interest in the region is hardly accidental.

Korea's economic competitiveness increasingly depends not only on technological leadership but also on resilient supply chains, diversified production networks, and reliable long-term partnerships. Seoul is therefore seeking partners that can offer strategic resources, industrial potential, skilled human capital, and political stability at the same time.

Korea's approach, however, should not be understood as a narrow search for resources or market access. Its comparative strength lies in jointly creating value through technology and knowledge sharing, capacity building, industrial diversification, and the development of secure and sustainable supply chains.

Central Asia is steadily emerging as one such partner, and Korea, for its part, can be a reliable partner in the region's efforts to diversify its economies and move up global value chains.

Today, the region is becoming one of Eurasia's most promising growth markets. Its combined population has surpassed 85 million, with more than half under the age of thirty, while its economies have maintained solid growth in recent years. This combination of demographic dynamism, expanding domestic markets, and growing regional connectivity is reshaping perceptions of Central Asia among global investors and technology-driven economies alike.

Uzbekistan occupies a pivotal place in this transformation.

President Shavkat Mirziyoyev's policy of openness and proactive regional engagement has become a key driver of Central Asia's growing cohesion. Uzbekistan, home to nearly 38 million people — almost half of the region's population — has played a leading role in promoting dialogue, connectivity and practical cooperation across Central Asia.

The country has likewise deepened its partnership with the Republic of Korea. Bilateral trade has nearly doubled over the past eight years. Around 700 enterprises with Korean capital are currently operating in Uzbekistan, while cumulative Korean investment has exceeded US$8 billion. Korean companies are active across a wide range of sectors, including energy, chemicals, engineering, healthcare, digital technologies and education.

People-to-people ties are equally significant. Uzbekistan is home to the largest ethnic Korean community in the post-Soviet space, numbering approximately 170,000 people. The presence of campuses of leading Korean universities further underscores the long-term and multidimensional nature of bilateral cooperation.

These human links give the partnership a distinctive depth. The “Koryo-Saram,” ethnic Koreans in Central Asia, is not only a reminder of shared history, but also a living bridge between the two societies: Expanding educational exchanges and professional mobility can ensure that this relationship remains strong for the next generation.

Yet the true significance of the partnership extends well beyond these impressive figures.

For Central Asia, the Republic of Korea represents one of the world's most compelling examples of successful modernization. Within the span of a single generation, Korea transformed itself from a developing economy into a global technology powerhouse. For a region pursuing ambitious economic reforms, industrial upgrading, and digital transformation, Korea's experience offers not simply a model to study but a practical source of policy inspiration and institutional know-how.

Against this backdrop, the first Republic of Korea-Central Asia Summit at the level of heads of state carries significance far beyond the diplomatic calendar.

It reflects a simple but important reality: Relations between the Republic of Korea and Central Asia have reached a level of maturity where future progress depends not on expanding the number of individual projects but on defining a shared long-term strategic vision.

If the past two decades were devoted to building a solid foundation for cooperation, the decade ahead should be shaped by a common response to the challenges of a new economic era — from artificial intelligence and digital transformation to critical minerals, green infrastructure, industrial cooperation, and human capital development.

This is the broader significance of the upcoming summit.

Its historic importance lies not merely in bringing regional leaders together for the first time but in providing an opportunity to define the next stage of a partnership whose ambitions have already outgrown its previous institutional framework. Success should therefore be measured not only by the number of agreements to be announced in Seoul but by whether the summit establishes regular dialogue at the leaders' level and a practical roadmap that delivers visible and mutually beneficial results for both the Republic of Korea and Central Asia.