The Business Activity Index (BAI), estimated by the Center for Economic Research and Reforms, reached 1124 points in February 2026, increasing by 12.4% compared with the previous month (and by 24.2% compared with the same period last year, Chart No.1).

In February of the current year, the following changes were observed across the BAI components:

• the component reflecting the number of transactions on business entities’ bank accounts increased by 22%;
• the intensity of raw material purchases on the commodity exchange rose by 10.6%;
• the component reflecting active business entities increased by 0.9%;
• the trademark component grew by 9.4%.

In February 2026, the BAI also increased in 13 regions compared with the previous month (Chart No.2).

In particular, notable growth was observed in Andijan region (44.8%), Syrdarya region (41.7%), Tashkent region (33.3%), and Kashkadarya region (28.2%).

At the same time, in the Republic of Karakalpakstan the indicator slightly declined by 0.5%, remaining at a moderate level.

Banking operations

During the reporting period, the number of interbank payment transactions reached 6,760.3 thousand, increasing by 1,220.5 thousand transactions (22%) compared with January 2026.

An increase in interbank payment operations was recorded in 12 regions. In particular, a significant rise in banking operations between legal entities compared with the previous month was observed in Tashkent city (24.1%), Surkhandarya region (23.3%), Samarkand region (21.4%), and Navoi region (17.7%).

At the same time, this indicator declined in Syrdarya region (8.1%) and the Republic of Karakalpakstan (1.6%).

Exchange component

In February of the current year, the exchange component of the BAI reached 1.1058 points, increasing by 10.6% compared with the previous month.

This reflected a 36.2% increase in the number of transactions concluded, while the average volume of goods purchased per transaction declined by 15.1%.

The total turnover of goods traded on the UzEx amounted to 6,296 billion soums in February 2026, which is 6.5% higher than in the previous month.

Component of active business entities

During the reporting period, this component amounted to 1.0088 points, increasing by 0.9% compared with the previous month.

At the same time, the total number of operating business entities increased by 4,079 units, reaching 508.5 thousand.

The number of large enterprises increased by 51 units, reaching 4,161.
The number of small enterprises rose by 3.9 thousand, reaching 415.1 thousand.
The number of farms increased by 36, reaching 89.2 thousand.

Trademark component

In February 2026, the trademark component reached 1.0641 points, increasing by 9.4% compared with the previous month.

During this period, 430 trademarks and product names were registered by legal entities.

Islombek Saparmatov, CERR

On March 5 President of the Republic of Uzbekistan attended a meeting of the National council on combating corruption. The meeting analysed the work carried out on creating corruption-free environment and defined further goals.

In his speech, the Head of State mentioned that corruption is a serious challenge in the course of reforms.

In this connection in the past years laws were adopted and a new system on combating this vice was created. Responsible committees were formed in the parliamentary chambers, a National council and Anti-Corruption Agency were established.

Particular attention is paid to creating conditions where the public can openly raise and discuss the problem of corruption. The role and influence of the media in this sphere are raising.

Primarily, measures are taken to combat the causes of corruption. For example, the abandonment of allocation of land plots by decisions of khokims and transition to the auction system made the allocation process more open. There have also been positive changes in this area since the introduction of the “Shaffof Kurilish” program.

The adoption of the law on public procurement, digitalization of the system of elections and tenders, as well as the establishment of healthy competition allowed saving 14 trillion soums of budget funds last year.

Today, all banks provide household loans up to 100 million soums online in 5 minutes without human involvement. As a result, thousands of bankers, who used to process such applications, now work directly in mahallas, offering projects and credit programs, thus contributing to the growth of the customer base.

In the pre-school and school education system, more than 10 types of services have been fully converted to electronic format, reducing the number of applications by 2.5 times.

The higher education system was also digitalized: a system for taking tests and selecting universities based on their results was introduced, and the automated receipt of 35 types of documents reduced the number of requests by 2.2 times.

Due to the use of body cameras by traffic safety inspectors, the sale of license plates through auctions, and the elimination of paper protocols, corruption factors have been significantly reduced.

Services to the population and entrepreneurs are organized on the basis of the principle of “the state serving the people”: the requirements to provide 120 types of documents, more than 160 licenses and permits have been abolished. This led to the emergence of almost 200 thousand new entrepreneurs in the market, and the number of enterprises with foreign participation increased almost 5 times, reaching 23 thousand.

The number of electronic public services increased 15 times, reaching 721, and the number of their users exceeded 11 million.

Most importantly, these measures have strengthened the faith of the population, entrepreneurs, foreign partners, international organizations and investors in the ongoing reforms. Over the past seven years, over $120 billion in investments have been attracted, and the country's economy has doubled, reaching $115 billion last year.

The President emphasized that the fight against corruption is an ongoing process and outlined the current issues and future tasks in this sphere.

It was noted that law enforcement agencies are mainly focused on detecting and punishing corrupt acts, while preventive measures aimed at eradicating corruption factors are neglected.

In this regard, it was decided to change the working methodology of the Anti-Corruption Agency. As an experiment, compliance control in five agencies - the Ministries of Health, Construction, Water Resources, Joint Stock Companies “Uzbekneftegaz” and “Uzsuvtaminot” will be transferred to the Agency.

In addition, an in-depth study of factors of domestic and systemic corruption will be conducted at the district level, which will be used to develop specific measures and submitted to the National Council.

It was noted that 75 percent of corruption crimes are committed in the form of domestic corruption in districts and mahallas, so the composition of the regional councils on combating corruption will be completely renewed. They will be headed by chairmen of regional councils of people's deputies.

The regional councils will propose to the National Council amendments to legislation aimed at eradicating corruption factors and ensuring inevitability of punishment.

Eight years ago, a system of sectors for the integrated development of territories was introduced. They contributed to solving socio-economic problems. In recent years, the potential of the regions has increased significantly.

In this regard, it was decided that prosecutors, heads of internal affairs and tax authorities would no longer be involved in sector activities. Additional tasks have been set to prevent and combat crime.

Special attention is paid to preventing corruption in public procurement. An Expert Commission will be established for this purpose. Based on best practices, an electronic platform will be developed to monitor that the prices of goods and services purchased through public procurement do not exceed the market average by more than 20 percent. Accountability measures and fines will be introduced for violation of this requirement.

Requirements for the procurement of fixed assets at the expense of the budget and extra-budgetary funds will also be tightened. Domestic transportation and furniture will be given priority in procurement by government agencies, and a requirement for evaluation against high anti-corruption standards will be introduced for major projects.

The fight against corruption begins with the selection of professional and dedicated employees for the civil service. In this regard, instructions have been given to improve procedures for hiring and evaluating candidates.

The need to adopt a law on the declaration of income of civil servants was noted, and a draft of this law will be submitted for public discussion.

The importance of instilling the ideas of honesty in educational institutions was emphasized in order to educate a new generation intolerant of corruption, as well as to support the initiatives of young people.

Addressing the public, the President said that the fight against corruption is a national task and a matter of conscience for every patriot of the country.

- If we all join forces, we will definitely achieve significant positive results. That is why mahalla activists, the older generation, intellectuals, writers and poets, art and culture workers, businessmen, well-known figures, leaders, deputies and senators - the entire public should become united and consider corruption as a “plague on the body of society”.

During the meeting, a dialogue was held with members of parliament, government representatives and the public.

For the first time, the event held in such a format demonstrated a strong political will to fight corruption.

The Head of State presented 55 concrete initiatives, which will include the development of 5 laws, 12 decrees and resolutions, as well as strengthening the role of Parliament, National and Regional Councils and civil society institutions in the fight against corruption.

The legal basis for the fight against corruption will be strengthened: the introduction of a new system of income declaration and a procedure for preventing illicit enrichment will reduce corruption factors. The activities of the Anti-Corruption Agency and internal control structures in organizations will be strengthened.

The responsibility of heads of ministries and agencies in preventing domestic corruption will be increased. A system of public evaluation of the quality of public services will be established, and strict measures will be taken against managers with the worst performance.

The independence of control inspections will be strengthened, and corruption prevention mechanisms will be introduced in major investment projects and auctions.

By streamlining the public procurement system and restricting direct procurement, budget savings will be achieved, and diversion of public funds will be curbed.

The freed resources will be mobilized to fight crime, which will lead to greater stability in society and increase the confidence of citizens. Strengthened prosecutorial oversight of illegal inspections will contribute to improving the business and investment climate in the regions.

The achieved results will improve the position of our country in international ratings, and by 2027 conditions will be created for Uzbekistan's candidacy for the UNCAC conference.

Most importantly, the legal consciousness of the population, especially young people, will be raised, and the society will form ownership of the fight against corruption.

The text of the article is in Uzbek!

Dear compatriots!

I cordially congratulate you, all our multinational people with the Constitution Day of the Republic of Uzbekistan celebrated on December 8.

Undoubtedly, this year we all feel the significance of this holiday especially deeply. After all, above all, it takes place in the context of historic transformations in the political-legal, socio-economic and spiritual spheres of our life. 

It should be emphasized once again that the elections to the Oliy Majlis and local Kengashes, held in the spirit of open and competitive contest on October 27 this year, became an important step towards the implementation of our updated Fundamental Law. As a result of the elections, which vividly demonstrated the high political culture, unity and cohesion of our hardworking and tolerant people on the path of building the New Uzbekistan, a new system of representative power has been formed in the country. Its constitutional rights and powers have been strengthened and its responsibility has increased manifold.

One more important aspect: we have moved from the practice of the recent past, when khokims were simultaneously in charge of local councils, to a new system in which, for the first time, councils are headed by chairmen elected among deputies. 

The transfer of more than 30 powers of khokims to local councils testifies to an even broader establishment of the principles of democracy in our society.  

In accordance with the constitutional provision that the people are the only source of state power, we will resolutely continue our reforms aimed at expanding the powers of the Parliament and local Kengashes, further increasing their activity, creating the necessary conditions for effective activity, in short, turning them into the true voice of the people. 

Dear friends!

Large-scale measures are taken in the country for consistent implementation of the priority principles of ensuring human rights, interests and dignity enshrined in the Fundamental Law. 

Thanks to the selfless labor of our people, in recent years the national economy has doubled, the per capita income has reached 3 thousand dollars, the poverty rate has decreased from 23 to 11 percent, the coverage of preschool education has exceeded 74 percent, higher education - 39 percent, and this is undoubtedly a historic result. 

In order to dynamically continue the reforms, to apply in practice the norms of the Constitution in the new edition, the issues of entrepreneurship development and, on this basis, increasing the population's income, strengthening the atmosphere of mutual respect and harmony in families and mahallas, and comprehensive support for representatives of the older generation, women and youth will continue to be at the center of our attention. 

The Fundamental Law stipulates that Uzbekistan is a social state, therefore, further improvement of cities and villages, construction of new residential buildings, health care, education, culture, art and sports institutions, modernization of road and communication networks, strengthening of targeted social protection will be of paramount importance for us. In particular, the priority task is to increase twofold the amount of funds allocated to the health sector, transition to a health insurance system and provide the population with fully guaranteed medical services. 

Within the framework of programs in the field of education, we will bring the coverage of higher education to 50 percent in the coming years. In 2025 alone, 4 trillion soums will be allocated from the state budget for the repair of existing kindergartens and construction of new kindergartens and schools.

Another important area is support for those in need of social protection, for which it is planned to allocate a total of 46.5 trillion soums and lift 1 million citizens out of poverty.

We will also raise to a new level the work on creating even more favorable conditions for persons with disabilities, their socialization, and in general on ensuring inclusiveness in society. Necessary measures will also be taken to reform the pension system. 

As you know, the new version of the Fundamental Law for the first time enshrines the rights of citizens in the sphere of ecology, emphasizing the state's obligations to protect the environment and maintain the ecological balance. 

We have declared 2025 the Year of Environmental Protection and Green Economy in the country and have set clear objectives in this field. I am confident that this will serve as an important basis for implementing the relevant constitutional norms and principles. 

I take this opportunity to urge you, dear compatriots, all our people to take an active part in the development and implementation of the State Program of the coming year. 

We have no right to forget that the protection of nature is the protection of the humans, our future. We must protect our priceless wealth - fertile fields, clean springs, rivers and lakes, mountains and plains, create new gardens and parks, green territories, so that our motherland Uzbekistan becomes even more beautiful, and future generations live in a free and prosperous country. 

Dear compatriots!

Our Constitution has always been and remains a reliable guarantor of strengthening national independence, preserving peace and stability in the country, interethnic friendship and harmony, ensuring the irreversibility of the ongoing reforms. 

We are proud of our Fundamental Law - a vivid symbol and practical embodiment of the legal consciousness and will of the people. I believe that studying every article, every norm of this unique legal document, showing respect for them should become a sacred duty and a life principle for all of us. 

I am convinced that by working in good faith, recognizing our responsibility, we will be able to further increase the effectiveness of the reforms carried out and will definitely achieve the great goals before us.

Once again I sincerely congratulate you, dear compatriots, with Constitution Day, wish you all health, peace and prosperity to your families.

May the authority and glory of our Motherland grow!

May the people of Uzbekistan - the creator of all our achievements - be happy! 

Shavkat Mirziyoyev,

President of the Republic of Uzbekistan

Official visit of the President of Uzbekistan to Belarus begins on July 8^th

On July 8–9^th, President of Uzbekistan will pay an official visit to Belarus.

Contemporary stage of Uzbek-Belarusian relations is characterized by steady positive dynamics and the sequential expansion of cooperation across a broad spectrum of dimensions.

Diplomatic relations between the two nations were established on January 21st, 1993. Embassy of Belarus in Tashkent has been operational since February 1994, while the Embassy of Uzbekistan in Minsk was established in October 2017 and commenced full-scale operations in March 2018. Over the intervening years, the sides have formulated a substantial legal and regulatory framework and accumulated significant experience of interaction in the political, economic and humanitarian spheres.

Legal and regulatory framework of Uzbek-Belarusian cooperation encompasses virtually all areas of bilateral interaction. Currently, 126 bilateral documents have been signed between Uzbekistan and Belarus, regulating cooperation in the fields of trade, investment, industrial cooperation, transport, education, culture, science, healthcare and interregional interaction.

Foundational document is the Treaty on the Principles of Interstate Relations, signed in Tashkent on November 6, 1991, which serves as the legal basis for the development of the Uzbek-Belarusian partnership and reaffirms the parties' commitment to the principles of sovereign equality, mutual respect and due consideration of mutual interests.

Political dialogue remains the key cornerstone of the Uzbek-Belarusian partnership. Regular contacts at the highest and high levels contribute to strengthening mutual trust and the sequential development of bilateral relations. From 1991 to 2026, President of Belarus Aleksandr Lukashenko, visited Uzbekistan six times, including official visits in 1994, 2018 and 2024. A significant milestone in the development of bilateral cooperation was marked by the official visit of the President of Uzbekistan to Belarus on July 31st – August 1st, 2019.

Intergovernmental cooperation constitutes an essential element of bilateral interaction. Between 2022 and 2026, a series of reciprocal visits by the Prime Ministers of Uzbekistan and Belarus took place, during which matters of trade and economic cooperation, industrial partnerships, logistics and the implementation of joint investment projects were discussed.

An important component of Uzbek-Belarusian interaction is inter-parliamentary cooperation, which in recent years has acquired a more systematic and practice-oriented character. A special place in the structure of inter-parliamentary cooperation is occupied by the Uzbek-Belarusian women's business forums, which have become an effective platform for the development of business contacts, support for entrepreneurial initiatives and the expansion of humanitarian ties.

Economic interaction remains one of the key areas of the Uzbek-Belarusian partnership and demonstrates a steady positive dynamic. Despite the complex international economic environment, the sides manage to consistently increase the volume of mutual trade, expand investment cooperation and strengthen industrial cooperation.

In recent years, trade turnover between Uzbekistan and Belarus has increased more than fivefold - from 181.7 million dollars in 2017 to a record 965 million dollars at the close of 2025. This positive dynamic persists in the current year. Following the results of January - April 2026, volume of reciprocal trade reached 340.4 million dollars, representing a nearly one-third increase compared to the same period last year.

Structure of mutual trade is characterized by a high degree of diversification. Belarus supplies Uzbekistan with food products, machinery and equipment, vehicles, chemical products, and raw materials, whereas Uzbekistan exports industrial and food commodities, finished products, services and processed goods.

Investment cooperation also makes a substantial contribution to the development of bilateral ties. Currently, 244 enterprises with the participation of Belarusian capital operate in Uzbekistan, while 229 companies with the participation of Uzbek business are functional in Belarus. In 2025, the volume of Belarusian investments attracted into the economy of Uzbekistan amounted to 104.4 million dollars. The coordination of economic interaction is ensured by the Intergovernmental Commission on Bilateral Cooperation, established in 2001.

An important factor in strengthening Uzbek-Belarusian relations is the development of direct ties between the regions of the two countries, which facilitates the translation of agreements reached at the political level into concrete economic, investment and humanitarian projects.

Since 2017, more than forty mutual visits of regional delegations from Uzbekistan and Belarus have taken place. Active exchange of visits facilitates the expansion of contacts between local authorities, business circles and public organizations. A special place in the development of interregional cooperation is occupied by the Forums of Regions, which are traditionally held within the framework of official visits of the heads of state and are accompanied by national exhibitions, presentations of investment potential and the signing of cooperation agreements.

Cultural and humanitarian cooperation remains one of the important areas of the bilateral agenda, contributing to the strengthening of friendship, mutual understanding, and the expansion of educational, scientific and cultural exchanges.

Cultural exchanges represent a significant direction of cooperation. Creative groups from Belarus regularly participate in the “Sharq Taronalari” International Music Festival in Uzbekistan, while representatives of Uzbek culture perform at Belarusian venues, including the “Slavianski Bazaar in Vitebsk” International Festival of Arts. Days of Culture of the two countries are regularly held on a mutual basis.

Monuments dedicated to prominent figures of the two nations hold symbolic value for strengthening cultural ties. In 2018, a bust of the classic of Belarusian literature Yakub Kolas was unveiled in Tashkent, and in 2019, a monument to the great Uzbek poet and thinker Alisher Navoi was installed in Minsk, serving as a clear testament to the mutual respect for the historical and cultural heritage of both states.

Cooperation in the field of education and professional training is developing dynamically. An important step was the establishment of the Belarusian-Uzbek Intersectoral Institute of Applied Technical Qualifications in Tashkent. Double-degree programs are being implemented between the universities of the two countries, while forums of rectors of engineering and technical universities, along with professional and educational forums, facilitate the expansion of academic interaction and the conclusion of cooperation agreements between educational institutions.

Cooperation in the fields of science, cinematography, and tourism is expanding. Days of Uzbek Cinema are regularly held in Belarus, and Days of Belarusian Cinema in Uzbekistan, with representatives from both countries participating in international film festivals. Interaction between tourism organizations is also growing, including within the framework of specialized forums and presentations of the tourism potential of both states.

Cooperation in the field of healthcare is an intensively developing area of bilateral interaction. In 2023, the first medical forum “Healthcare and Medical Education Days Uzbekistan – Belarus” took place, resulting in the signing of more than 120 agreements aimed at expanding partnerships between medical institutions, exchanging experience and implementing modern technologies.

Belarusian diaspora living in Uzbekistan plays a special role in strengthening humanitarian ties. Today, there are approximately 18 thousand ethnic Belarusians in the country. A significant contribution to the preservation of national culture and the development of public diplomacy is made by the “Svitanak” Belarusian Cultural Center in Tashkent and the Belarusian Cultural Center in Angren.

Thus, Uzbek-Belarusian relations are characterized by steady development across key areas of interaction. The high level of political dialogue, expansion of trade and economic cooperation, development of interregional ties, and humanitarian interaction create a solid foundation for the further deepening of a partnership that meets the long-term interests of both countries.

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

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

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

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

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

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

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

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

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

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

Development Strategy and Achievements

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

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

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

Innovative Mega-Projects and an Ecological Approach

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

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

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

Cooperation between Uzbekistan and Azerbaijan in the field of ecology and environmental protection is reaching a new level, encompassing both bilateral initiatives and active engagement on international platforms. Humanity finally discovered that poisoning the planet might have consequences. Remarkable timing.

The foundation of this partnership remains the Agreement on Cooperation in the Field of Environmental Protection, signed on September 11, 2008, in Baku. Today, the two sides continue to work on a new intergovernmental agreement intended to make cooperation more systematic and strategic. At the same time, regular exchanges of experience and information are taking place through international conferences, meetings, and platforms, including the structures of the Commonwealth of Independent States.

Contacts within climate forums have gained particular importance. During COP28, representatives of the two countries discussed the transition toward a sustainable and resource-efficient economy within the Economic Cooperation Organization region. The dialogue later continued on the sidelines of the United Nations Environment Assembly in Nairobi, where the parties focused on preparations for COP29, held in Baku.

COP29 itself became an important milestone in deepening regional cooperation. During the conference, the first meeting of environmental ministers of the Organization of Turkic States was held, resulting in the signing of a corresponding declaration. In addition, Uzbekistan and Azerbaijan joined the regional “Glaciers to Farms” program, implemented with the support of the Asian Development Bank and the Green Climate Fund. The program aims to mobilize $3.5 billion to improve the resilience of agriculture and infrastructure in the face of glacier melting.

Educational cooperation also remains an important area of partnership. Young environmental activists from Azerbaijan participated in international environmental camps in Samarkand organized with the involvement of the International Public Foundation “Zamin.”

An active dialogue is also being conducted at the level of профильных ведомств. In 2024, an Azerbaijani delegation visited the National Committee of the Republic of Uzbekistan on Ecology and Climate Change during the first Uzbek-Azerbaijani Media Forum, where the parties exchanged experience in environmental communication and countering disinformation. Because apparently even climate change now has to survive internet arguments.

Future prospects for cooperation include several promising areas. These include exchanging experience in air quality monitoring and the development of green urbanization, expanding scientific research through the Central Asian University for Environmental and Climate Change Studies (Green University), and cooperation in the management of protected natural areas.

The parties are also considering the establishment of a joint working group and the completion of the new intergovernmental agreement. Additionally, they propose intensifying cooperation within international environmental conventions, including Azerbaijan’s accession to the Convention on the Conservation of Migratory Species of Wild Animals.

Special attention is also being given to upcoming international events. Azerbaijan will participate in the 8th Assembly of the Global Environment Facility and will present its National Pavilion at the Eco Expo Central Asia 2026 exhibition, which will take place in Samarkand.

Thus, Uzbek-Azerbaijani cooperation in the environmental sphere demonstrates steady momentum and covers a broad range of areas, from climate policy and scientific research to youth initiatives and international cooperation.

Over the past few years, Central Asia and the Caucasus have emerged as some of the fastest-growing regions in technology and innovation. Uzbekistan, Kazakhstan, and Azerbaijan are increasingly strengthening their positions on the global startup map, attracting international investors, technology companies, and entrepreneurs. One of the key platforms bringing together the region’s innovation ecosystem has become the international INMerge summit.

What is INMerge?

INMerge is an international innovation summit that brings together startups, investors, corporations, government representatives, and technology communities from across Central Eurasia. Over the past five years, the project has evolved from a relatively small corporate gathering into one of the region’s leading technology forums.

Today, INMerge hosts participants from Azerbaijan, Uzbekistan, Kazakhstan, Georgia, Türkiye, and other countries. Discussions focus on investment, artificial intelligence, startup development, digital infrastructure, and cross-border collaboration. Most importantly, however, the forum helps transform networking opportunities and ideas into real partnerships, projects, and investment deals.

In 2026, INMerge expanded beyond a single-city format by launching a regional Roadshow initiative. Ahead of the main summit, the team is organizing a series of events across key locations in the region. One of the central stops became Tashkent — a city that clearly demonstrated how rapidly Central Asia’s role in the global technology landscape is evolving.

Today, the three countries are shaping a new regional ecosystem, where each contributes its own strategic strengths.

Uzbekistan is now considered one of the fastest-growing tech markets in the region. Over the past year, venture investment volumes increased more than fivefold, the number of startups doubled to over 950, and Tashkent entered the world’s top 100 startup ecosystems for the first time. The country is actively opening up to international investors and steadily becoming a new destination for technology-driven businesses. Uzbekistan is already home to two unicorns.

Kazakhstan continues to focus on infrastructure development and a systematic approach to building its startup ecosystem. The country is developing a large-scale $1 billion fund of funds and has spent several years consistently creating conditions that allow startups to scale not only domestically, but internationally as well. Kazakhstan has also produced two unicorns.

In 2024, IT Park Uzbekistan and Astana Hub took another important step toward regional integration by launching the Central Asian Innovation Hubs initiative. The platform opened access for Central Asian startups to joint programs, international venues, and global accelerators. Today, Azerbaijan is increasingly exploring participation in this ecosystem, gradually contributing to the formation of a unified technological space connecting Central Asia and the Caucasus.

Azerbaijan, in turn, is becoming a platform that connects different markets and innovation communities. Baku was recently named Startup City of the Year, while INMerge Ventures became one of the country’s first locally registered venture capital funds. The city is now emerging as a hub for dialogue between corporations, investors, and technology teams from across the broader region.

At INMerge, this evolving dynamic is described as an “innovation corridor.” It is not simply about neighboring countries collaborating — it is about creating a shared ecosystem where ideas, technologies, investments, and talent can move freely across borders.

From Local Startups to the Global Stage

For startups today, building a product is no longer enough. Founders also need access to investors, strategic networks, and international markets. This is why platforms like INMerge are becoming increasingly important across the region.

One of the clearest examples is the startup competition held in Tashkent. Winners receive not only visibility and recognition, but also the opportunity to present their projects at the final summit in Baku before international investors and major corporations. This model helps connect local ecosystems into a larger regional network, giving young startups a real opportunity for international growth.

The final stage of INMerge will take place on October 8–9 in Baku, bringing together startup founders, investors, corporate leaders, and government officials who are actively shaping the future of Central Eurasia’s innovation economy.

A region that until recently remained outside the global technology spotlight is steadily becoming a new center of growth. And today, INMerge is playing a key role in accelerating that transformation.

Uzbekistan has been undergoing a transformational journey since it changed political leadership in 2016. The nation is implementing extensive reforms aimed at spanning anti-corruption measures, business climate enhancements, judicial reforms, improving labour conditions, administrative efficiency, protection of human rights, and good governance.

Central to these reforms is a comprehensive anti-corruption agenda bolstered by strong laws and strategic plans. Reforms have targeted diverse sectors, with a focus on improving public administration, ensuring quality public services and information access, and overhauling the judiciary. Over the recent years Uzbekistan has made significant efforts to help its people feel confident that leaders in the national public and private sectors operate in a transparent and ethical way.

As we know, international standards in this area focus on the following elements, which are intended to increase effectiveness of prevention and combating corruption:

• Imposing additional restrictions for civil servants;
• Increasing transparency in the private sector, e.g. identifying beneficial owners;
• Strengthening the role of financial intelligence units in combating corruption;
• Strengthening corporate and individual liability for corruption offences;
• Supporting collective action initiatives.

In line with the abovementioned standards, since the adoption of the law on anti-corruption in 2017, Uzbekistan has doubled its efforts to prevent corruption in the public sector and has widened international cooperation to achieve this end. Since coming to power in 2016, President Shavkat Mirziyoyev has taken steps to liberalise the Uzbek economy and denounce corruption.

President Shavkat Mirziyoyev has begun liberalising the economy, which has started to attract significant investments from China and the EU and contributed to Uzbekistan’s strong economic growth. In particular, Presidential Decree of 2017 took steps to tackle the shadow economy by permitting the free purchase and sale of currency and the use of international mechanisms to set currency conversion rates. This decree eradicated the decades old “black market” where the difference between actual and official conversion rates was around 50%.

In 2020, President Shavkat Mirziyoyev established a new Anti-Corruption Agency via President Decree No.6013 and launched a mandatory online public procurement platform. The Anti-Corruption Agency is tasked with studying researching corruption, engaging with civil society, and enhancing transparency.

The number of arrests and prosecutions of public officials for corruption has increased. According to Prosecutor General’s Office, for example in 2022, there were a total of 3,116 convictions of public officials, of which 110 officials were from the national agencies, 264 from provincial agencies and 2,742 from city and district state bodies. The majority of these cases related to embezzlement (2,103), abuse of position (265), fraud (243) and bribery (169).

The fight against corruption has become a priority area of state policy in Uzbekistan. This can be seen in the conceptual regulatory acts adopted in recent years in this area, on the example of administrative reforms aimed at preventing corruption. The country has established an effective mechanism of countering corruption, including efficient normative-legal base and institutional foundations. More than 70 regulatory acts aimed at combating corruption in all sectors of state and public construction have served as a solid basis for the implementation of these reforms.

The Law on Combating Corruption, adopted in 2017 soon after Mirziyoyev came to power, is the main legal basis for countering corruption in Uzbekistan. The law requires state employees to inform their supervisors about corruption offences they may be directly or indirectly involved in and is meant to ensure protection for whistleblowers. Further, the law grants media outlets the right to request information on corruption offences from state agencies. It also envisages the mandatory examination of regulations being drafted by ministries and other state agencies to ensure they do not create new opportunities for corruption.

Information on state procurement is posted on the website www.d.xarid.uz. The open data portal (data.gov.uz), the registered database of legal entities and commercial entities (my.gov.uz) and other platforms play an important role today in ensuring the principles of openness and transparency and public control, which are the most effective tools for combating and preventing corruption. Licensing and permitting procedures have also been radically improved to completely improve the business and investment climate, remove unnecessary bureaucratic barriers and outdated regulations.

According to the National Database of Legislation of the Republic of Uzbekistan, other important legislative acts in the area of anti-corruption include:

• the Constitution (last amended in May 2023)
• the Criminal Code
• the Law on public civil service
• the Law on public procurement
• the Law on public-private partnerships
• the Law on distributing legal aid information and ensuring access to it
• the Law on the openness of state authorities and administration
• the Law on e-government
• the Law on public control
• the Law on countering legalisation of income derived from criminal activities, financing of terrorism and financing the proliferation of weapons of mass destruction (last amended in January 2019), which provides a legal framework for anti-money laundering.

The Civil Service Law, which entered into force in 2022, forbids civil servants from accepting gifts, from engaging in business activities and from opening foreign bank accounts or purchasing real estate abroad. It also introduces a system of mandatory declaration of civil servants' assets and income.

Under Article 7 of the 2017 Law on Combating Corruption, state agencies responsible for implementing the law on combating corruption include the Anti-Corruption Agency (ACA) established in 2020, General Prosecutor’s Office, the State Security Service, the Ministry of Internal Affairs, the Ministry of Justice, and the Department on Fighting Economic Crime under the General Prosecutor’s Office.

There is also a National Council on Combating Corruption and its territorial bodies that aim to coordinate the efforts of all the relevant institutions and develop state anti-corruption programmes. The ACA serves as the working body of the Council, which is headed by the Chair of the Senate. The ACA has a preventive mandate authorising it to request state agencies to provide documentation on their expenditure of public funds, sales of state assets and public procurement as well as on their investment projects and implementation of state programmes. It can also consider appeals of citizens and legal entities on corruption issues and conduct administrative investigations into corruption offences, the results of which should then be shared with law enforcement bodies.

Uzbekistan is a signatory to the United Nations Convention against Corruption (UNCAC) as well as to the Istanbul Anti-Corruption Action Plan, which is the main subregional initiative in the framework of the OECD Anti-Corruption Network for Eastern Europe and Central Asia (ACN). Uzbekistan has recently become a member of the Global Operational Network of Anti-Corruption Law Enforcement Authorities.

It should be emphasised that each regulatory legal act in Uzbekistan is being developed based on the principle – “legislation free from corruption”, systemic preventive measures in the practice of combating corruption are being strengthened, and the public oversight is supported by establishing interaction mechanisms with civil society institutions.

The mentioned and other measures have contributed to improving the fight against corruption in the country. This has also been evidenced in better positions of the country in international rankings. According to international governance indices, Uzbekistan has been improving its efforts to curb corruption. In recent years the country improved its ranking Transparency International’s Corruption Perceptions Index (CPI) by 42 positions. In 2023 alone the country improved its ranking there by 5 positions.

To sum up, we can conclude that Uzbekistan’s path towards creating effective financial, legal and institutional mechanisms of countering corruption has given its results. Although, it should also me noted that fighting against corruption is not merely a task for several years. It is an ongoing process and the government of Uzbekistan remains committed to take new steps for ensuring the success of its anti-corruption reforms in line with the international standards in this field.

Nilufar Doniyorkhodjaeva

Head of Department

Development Strategy Center

Tashkent, Uzbekistan