The text of the article is in Uzbek.
From June 16th to 19th, the capital will host the 5th Tashkent International Investment Forum, the country's primary investment platform and one of the region's largest business forums.
Tashkent International Investment Forum (TIIF-2026) has solidified its position as a key investment platform in Central Asia, bringing together states, international investors, and representatives of global business. The forum serves not merely as a platform for dialogue, but as a space where the region's practical investment agenda is actively shaped.
The core idea of the forum lies in the fact that Uzbekistan is consistently cementing its status as a regional investment hub, capable not only of attracting capital but also of defining long-term rules and directions for the economic development of Central Asia.
The scale of TIIF-2025 clearly demonstrated that the forum has transitioned to a new stage of its development. The event brought together more than 8,000 delegates from 97 countries, with the total volume of signed investment agreements reaching 30.5 billion US dollars. These indicators stand as some of the most significant results among regional investment platforms.
The growing number of participants, the broadening geography, and the increased volume of concluded deals bear witness to a notable strengthening of international business confidence in Uzbekistan's investment climate. The forum is increasingly perceived not as a one-off discussion platform, but as a sustainable mechanism for generating real investment solutions.
The significance of the Tashkent International Investment Forum is determined not only by its scale, but also by its practical value for participants. TIIF provides a unique opportunity for direct access to key economic and political decision-makers - ranging from heads of state and governments to representatives of international financial institutions, sovereign wealth funds and major corporations.
The forum cultivates a rare environment where the state, investors, and business are concentrated within a single space, allowing for a seamless transition from general discussions to concrete formats of cooperation. Within the framework of TIIF, B2B and B2G meetings are actively advanced, serving as the cornerstone for concluding investment agreements and launching new projects.
TIIF-2026, scheduled to take place from June 16 to 19 in Tashkent, will maintain and expand upon the framework of previous years, combining elements of high-level political dialogue, business negotiations, and sectoral discussions. The forum's program features a plenary session with the participation of heads of state, panel sessions, thematic pitch presentations, and an expanded exhibition showcasing the country's industrial and investment potential.
One of the defining features of TIIF-2026 is its exceptionally high level of representation, which brings together a unique concentration of political, financial, and corporate capital within a single venue. The forum features heads of state and government, including leaders from Central Asian and European nations, alongside executives from international organizations and multilateral development banks.
Among the participants are representatives from the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), and the International Finance Corporation (IFC), alongside sovereign wealth funds and export credit agencies. Such a composition ensures a direct link between state reforms, global financial institutions, and private capital.
The outcomes of the 4th Tashkent International Investment Forum (TIIF-2025) received widespread international acclaim from representatives of government structures, financial institutions, and global business, who noted Uzbekistan's growing role as the region's premier investment hub.
The Director of the Center for Global and Regional Studies (CEGREG), Professor Ikboljon Qoraboev (Kazakhstan), emphasized the scale and significance of the forum:
TIIF is emerging as the premier platform for showcasing the industrial and economic potential of Central Asia, while the participation of state leaders, major investors, and international banks highlights the strategic significance of the forum as a window of opportunity for the region.
Associate Professor at the Azerbaijan State University of Economics, political scientist Emin Garibli (Azerbaijan), accentuated the integration significance of the forum:
Executive Producer of CGTN, Zhang He (China), highlighted the investment impact of the reforms:
Governor of the Japan Bank for International Cooperation (JBIC), Nobumitsu Hayashi (Japan), noted the transformation of the forum's role:
Chairman of the Chinese company CAMCE, Wang Bo (China), noted the practical value of the forum:
Tashkent International Investment Forum (TIIF-2026) is cementing its role as one of the key platforms for investment dialogue in Central Asia, where not only the directions of economic policy are shaped, but also real mechanisms for interaction between the state and global capital are forged.
On the whole, the experience of previous years demonstrates that TIIF has already transitioned from a traditional conference format into a practical investment ecosystem that influences the structure of regional economic development. In this context, TIIF-2026 is viewed as the next phase in strengthening Uzbekistan's role within the global investment architecture and further expanding its integration into international capital markets.
Dunyo IA
The text of the article is in Uzbek!
Today, the combined economic potential of the OTS countries exceeds $2.1 trillion. In 2025, the economies of these countries grew by 6.8 percent. Uzbekistan’s trade turnover with OTS countries reached $10.8 billion in 2025.
These figures demonstrate the significant potential for economic cooperation across the Turkic world.
Turning Economic Initiatives into Practical Mechanisms
A key aspect of Uzbekistan’s approach within the OTS is its focus on strengthening economic cooperation through concrete mechanisms and projects. Currently, practical cooperation is being carried out in more than 35 areas within the Organization. Uzbekistan has also put forward the idea of creating a “Space of New Economic Opportunities” in the near future, bringing together favorable conditions for trade, business, and mutual investment, as well as the necessary legal framework and infrastructure.
The President of the Republic of Uzbekistan has also proposed establishing a Permanent Council on Economic Partnership of the Turkic States and locating its Project Office in Tashkent. Such a mechanism could help move from discussing economic initiatives to their systematic preparation and implementation.
Another important initiative put forward by Uzbekistan is the establishment of a Turkic States Industrial Alliance. Cooperation in such sectors as mechanical engineering, electrical engineering, mining, petrochemicals, pharmaceuticals, textiles, food processing, and construction materials could enable the formation of new production chains across the OTS region. In this regard, a cooperation model based on the principle of “raw materials – processing – science and technology – finished products” is of particular importance.
For Uzbekistan, this model could, on the one hand, facilitate the integration of domestic producers into major regional value chains and, on the other, support the production of higher value-added goods and the expansion of export destinations.
Transport Connectivity as the Economic Foundation of Integration
Uzbekistan’s geographical location makes transport connectivity a strategically important area of economic integration within the OTS. As a landlocked country, the development of new transport corridors is one of the key factors determining the competitiveness of Uzbekistan’s foreign trade.
In this regard, the development of the Middle Corridor and its connection with the China–Kyrgyzstan–Uzbekistan railway currently under construction could create new economic opportunities. In the future, connecting this system with the Trans-Afghan Corridor could further strengthen Central Asia’s potential to become a major transport hub linking the markets of East Asia, South Asia, the Caucasus, Türkiye, and Europe.
New Financial Infrastructure
Deepening economic integration also requires institutions capable of financing it. In this regard, the establishment of the Turkic Investment Fund has marked a new stage in cooperation within the OTS. The Fund is focused on developing trade and economic cooperation, financing joint projects, and supporting small and medium-sized enterprises.
The launch of the Fund’s operational activities in 2026, along with the establishment of the OTS Council of Central Bank Governors and the Turkic Council for Green Finance, demonstrates that the financial infrastructure of a common economic space is gradually taking shape.
Uzbekistan supports efforts to combine the resources of the Turkic Investment Fund with those of other international financial institutions. In particular, it has proposed establishing strategic cooperation between the Fund and the Islamic Development Bank, the European Bank for Reconstruction and Development, as well as other international and national financial institutions.
Such an approach could enable the OTS to combine its own financial resources with international capital and expand opportunities for financing large-scale infrastructure, industrial, energy, and green projects.
Digital Economy – A New Frontier of Integration
The next major growth area for economic integration among the Turkic states is linked to the digital economy and artificial intelligence.
At the informal OTS summit held in Turkistan in 2026, Uzbekistan proposed establishing a strategic cooperation network in the field of artificial intelligence and developing a “Digital Turkic Corridor Concept”. The concept is aimed at interconnecting data centers across the region through high-speed communication networks, developing a unified modern digital space, and creating a new market for technology-based services.
This initiative is particularly important for Uzbekistan. The country’s geographical position in Central Asia could strengthen its future role not only as a transport hub, but also as a center for digital transit and data exchange.
Green Economy and New Markets
New sources of growth for the Turkic states are not limited to traditional industries. Renewable energy, green hydrogen and ammonia, critical minerals, organic agriculture, and environmental technologies are emerging as promising areas of cooperation.
The “Green Transformation” Consortium proposed by Uzbekistan is aimed at jointly implementing green energy projects, attracting technologies and standards, and expanding the use of public-private partnership mechanisms. In the area of critical minerals, the focus is shifting from exporting raw materials toward their deep processing and the production of higher value-added goods.
The significant agricultural potential of the OTS countries, their diverse climate zones, and proximity to major consumer markets create opportunities for establishing new cooperation chains in the production and export of organic products. In this area, Uzbekistan has proposed combining scientific research, breeding, production, and logistics capabilities and, in the future, bringing products to global markets under a common brand.
A New Stage – New Opportunities
Today, economic cooperation within the Organization of Turkic States is moving to a qualitatively new stage. Alongside increasing trade volumes, industrial cooperation, mutual investment, transport and digital connectivity, energy, and new financial mechanisms are becoming key areas of the common economic agenda.
This creates broad opportunities for making more effective use of the potential available across the OTS region and developing new sources of economic growth.
URGENCH, September 28. /IA “Dunyo”/. A delegation of Latvian businessmen visited Khorezm with the support of the Embassy of Uzbekistan in Riga, Dunyot news agency's correspondent reports.
During the visit, a business forum and meetings were held with participation of representatives of business circles of the two countries.
The parties exchanged views on economic and investment potential of Khorezm region, opportunities for realization of joint projects in agriculture, personnel training, services, logistics and energy.
The Latvian side also familiarized with the activities of “Opportunity Generosity” LLC, a pharmaceutical manufacturer located in Urgench, and other companies.
As a result of the visit, representatives of Latvian companies expressed interest in the implementation of specific projects in the field of education, in connection with which the relevant documents were signed.
The global economy has entered a stage in which sustainable development is no longer merely a declarative agenda but has become one of the key criteria for assessing trust in governments, companies, and financial institutions. As a result, ESG standards are now viewed not as an image-building tool, but as a means of evaluating reliability, governance quality, technological maturity, and long-term competitiveness.
For reference: ESG (Environmental, Social, and Governance) refers to business principles under which a company considers its impact on the environment, society, and the quality of governance while seeking to achieve sustainable development and minimize risks.
Today, this trend is naturally shifting from voluntary commitments toward stricter requirements, including non-financial disclosure, climate reporting, independent verification, carbon regulation, supply-chain oversight, and measures to combat greenwashing—that is, the unjustified presentation of activities as environmentally sustainable.
Notably, according to available estimates, global ESG assets exceeded USD 30 trillion in 2022 and may reach USD 40 trillion by 2030. At the same time, sustainable bond issuance amounted to approximately USD 1.1 trillion in 2025. This demonstrates that sustainable development has become part of the global financial infrastructure rather than a narrow area of corporate policy.
Against this backdrop, Uzbekistan is shaping its own model of sustainable development based on national priorities. Water and energy security, employment, social stability, improved performance of state-owned enterprises, greater transparency in governance, and stronger investment appeal are of particular importance to the country.
A key feature of Uzbekistan’s approach is that the ESG agenda is not being developed in a fragmented manner, but as part of broad reforms implemented under the leadership of the President of the Republic of Uzbekistan. The Uzbekistan–2030 Strategy, the transition toward a green economy, national sustainable development goals, the green taxonomy, the MRV system, ESG reporting by state-owned enterprises, social protection, the development of mahallas, and anti-corruption measures together form a unified framework for public policy.
A new stage in the institutional development of ESG was formalized by Cabinet of Ministers Resolution No. 221 dated May 4, 2026. The document approved rules for introducing environmental, social, and corporate governance principles, preparing ESG reports, and disclosing information on sustainable development. As a result, ESG in Uzbekistan is moving from a broad strategic framework toward a specific system of implementation, monitoring, and reporting.
This is therefore not a collection of isolated initiatives, but a new logic of governance. The economy must not only grow, but also remain sustainable; state-owned enterprises must not only be large, but also transparent; social policy must not only compensate for hardship, but also support development; and the environmental agenda must not only protect nature, but also carry economic significance.
The environmental pillar remains the most developed area. Given Uzbekistan’s water scarcity, high climate vulnerability, the consequences of the Aral Sea crisis, and the need to modernize the energy sector, the green economy is an objective necessity.
Key documents signed by the Head of State define the main areas of environmental transformation: the development of renewable energy, improved energy efficiency, the introduction of water-saving technologies, emissions reduction, waste recycling, the expansion of green spaces, the restoration of natural ecosystems, and the creation of an emissions-monitoring system.
As a result, environmental policy is gradually moving beyond traditional nature conservation and becoming part of the country’s economic strategy. At a time when the carbon footprint is becoming a factor in export competitiveness, energy modernization, reduced water losses, and improved industrial efficiency are gaining not only environmental but also macroeconomic importance.
Alongside the environmental agenda, Uzbekistan’s sustainable development model includes a strong social dimension. This includes reducing poverty, expanding employment, supporting women, protecting vulnerable groups, developing mahallas, improving infrastructure, and raising living standards.
It is the social pillar that gives the reforms a human dimension. The green transition must not be limited to reporting and technical indicators. It must remain people-centered, since changes in energy, water management, and industry may affect employment, tariffs, access to resources, and household income structures.
At the same time, the aforementioned government resolution establishes ESG as an integrated system in which environmental indicators are not considered separately from social and governance factors. The focus extends beyond emissions, energy, and water to include governance quality, labor practices, risks affecting stakeholders, data transparency, and management accountability.
The quality of governance is becoming a key condition for the effectiveness of the ESG agenda. In today’s environment, investor confidence depends not only on macroeconomic indicators, but also on institutional transparency, corporate governance, information disclosure, and the predictability of public policy.
Uzbekistan has made notable progress in this area. Digital monitoring, the KPI system for government bodies, anti-corruption policy, ESG reporting by state-owned enterprises, and a national system for measuring, reporting, and verifying climate and ESG indicators for emissions accounting are all being developed.
Changes in the public sector are particularly significant. In recent years, substantial progress has been achieved in improving the investment appeal of state-owned enterprises. By the end of 2025, 17 state-owned enterprises had received international credit ratings, while seven had obtained publicly available ESG ratings. This indicates a transition from a closed administrative model toward the standards of international financial discipline.
In practice, the public sector is becoming subject to external assessment, public reporting, and corporate accountability. Ratings require the disclosure of risks, financial discipline, a clear strategy, and stronger governance. Through this mechanism, ESG is moving from the conceptual level into the practical sphere of corporate management.
Within this framework, the government resolution is of fundamental importance. It stipulates that state-owned enterprises undergoing transformation must introduce ESG reporting rules from July 1, 2026, and prepare ESG reports in accordance with disclosure standards by November 1, 2026.
Based on the above, the following conclusions may be drawn:
First, ESG is becoming a strategic instrument for modernizing Uzbekistan’s public sector and economy. Its significance extends beyond environmental policy and encompasses investment, social sustainability, and competitiveness.
Second, reforms implemented under the leadership of the Head of State are transforming sustainable development from a set of declarations into a system of practical governance. Reporting, the green economy, social policy, transparency, and ESG standards are becoming elements of a unified reform architecture.
Third, in the new global economy, the advantage belongs to countries that grow sustainably, transparently, and predictably from an investor’s perspective. This is precisely where Uzbekistan’s competitive opportunity lies: in turning sustainability into a source of trust, capital, and long-term development.
Thus, ESG is not an external slogan for Uzbekistan, but an internal logic of development. It is a mechanism for connecting economic growth with responsibility, investment with trust, reforms with quality of life, and national interests with the requirements of the new global economy.
Head of Department
Institute for Strategic and Regional Studies
under the President of the Republic of Uzbekistan
Leading Research Fellow
Institute for Strategic and Regional Studies
under the President of the Republic of Uzbekistan
The declaration of independence and the commitment of the Government of Uzbekistan to the ideals of democracy, the choice of a secular path of development of society have gradually made it possible to create equal legal conditions for the existence of religions in general and religious groups in particular.
In the religious sphere, this large-scale work is carried out by the relevant state bodies and civil society institutions and is aimed at ensuring citizens' constitutionally guaranteed right to freedom of conscience; strengthening religious pluralism, tolerance and interfaith dialogue.
One of the significant results of joint work is the adoption in December 2018 by the UN General Assembly of a special resolution "Enlightenment and Religious Tolerance".
The adoption of the resolution was a practical implementation of the initiative of the President of the Republic of Uzbekistan Shavkat Mirziyoyev, put forward at the 72nd session of the UN General Assembly. The main goal of the proposed resolution is "to ensure universal access to education, the elimination of illiteracy and ignorance."
It is noteworthy that the resolution was not only unanimously supported by all UN member states, but also adopted with the co-authorship of over 50 countries. This testifies to the high recognition by the international community of the relevance and timeliness of the initiative of the President of Uzbekistan.
In recent years, significant changes have taken place in Uzbekistan and large-scale reforms have been implemented in many areas, including in the religious and educational sphere.
A number of legislative acts have been adopted aimed at further improving activities in the religious sphere.
In order to deepen the study of Islam and teach its scientific foundations, the International Islamic Academy of Uzbekistan was created. The Academy specializes in teaching secular and religious knowledge, training qualified personnel in the interpretation of the Koran, Islamic law, religious dogmas and hadiths.
In Uzbekistan, unique mechanisms are used to revive national and religious values, study and promote the rich scientific and spiritual heritage of great ancestors, and strengthen religious tolerance in society. The activities of the Center for Islamic Civilization, international research centers of Imam Bukhari, Imam Termizi, Imam Maturidi, Bahauddin Naqshbandi have been established.
As a result of large-scale reforms and transformations carried out in the religious sphere, the Higher Madrasah Mir Arab in Bukhara, the School of Hadith Studies in Samarkand, the Madrasah of Imam Termizi and the Islamic Institute named after Imam Termizi in Termez began their activities.
In addition, the Charitable Public Fund "Vakf" was established under the Office of Muslims of Uzbekistan, whose tasks include financing work on the reconstruction of mosques, holy places of pilgrimage and visits, other objects, providing material and technical support and providing material support to employees in this field. The Fund received the opportunity to dispose of funds coming to 3 accounts: charitable, vakf and zakat (ushr, fidya, fitr).
In accordance with the adopted legislative acts, in order to further improve the activities of the Committee on Religious Affairs, a new composition of the Council for Religious Affairs has been approved, which is a public advisory body under the Committee.
The activities of the Council are inextricably linked with ensuring freedom of religion in the country, respecting the rights of religious organizations and believers. The initiatives of the members of the Council are fully implemented within the framework of measures taken by the country's leadership in the field of protecting and further strengthening the rights and freedoms of religious movements.
The significance and timeliness of the measures taken by the country's leadership served as the basis for holding the international forum "Dialogue of Declarations" in Tashkent, Samarkand and Bukhara on May 16-20, 2022. This event was part of the systematic and consistent efforts of Uzbekistan to practically implement the principles and provisions enshrined in the Special Resolution of the UN General Assembly "Enlightenment and Religious Tolerance", adopted in 2018 on the initiative of President Shavkat Mirziyoyev.
It is especially worth noting that at the past 76th session of the UN General Assembly, the "Bukhara Declaration" adopted following the results of this forum was recognized as an official UN document. As an official UN document, the document has been translated into 6 languages and distributed among the UN member states, as well as specialized agencies of the organization.
The second round of the international forum will be held on September 10-13, 2025 with the assistance of several NGOs from the USA. The participants of the event also visited Samarkand, where they got acquainted with the activities of the reconstructed complex of Imam Bukhari.
Uzbekistan has special dates that are closely related to the religious life of believers: these are "Day of Friendship of Peoples", celebrated on July 30, and "International Day of Tolerance", celebrated on November 16. Both of these dates are marked not only by holding events, but also by awarding the corresponding badges - the badge "Khalklar dustligi" ("Friendship of Peoples") has been awarded since 2021, and the badge "Diniy bagrikenklik" ("Religious Tolerance") began to be awarded to distinguished citizens since 2023. Among the awardees are representatives of various religious denominations of Uzbekistan.
At the same time, Uzbekistan attaches great importance to the preservation of religious and spiritual heritage, the enrichment of existing funds, the creation of necessary conditions for local and foreign researchers to work with historical sources, and the comprehensive study of historical and cultural heritage.
Today, in the country, in order to ensure interethnic and interfaith harmony in society, a legislative framework has been created that provides for the observance of the rights and legitimate interests of citizens.
The Constitution of the Republic of Uzbekistan enshrines the norm on freedom of religion for every person. Attention is also paid to improving and liberalizing national legislation in the field of religion. The procedures for obtaining permission for the production, import and distribution of religious literature have been simplified. The procedure for state registration of religious organizations has been further optimized.
Currently, the new Law "On Freedom of Conscience and Religious Organizations" is in force, which contributes to ensuring the constitutional rights of citizens of the country to freedom of conscience and religion.
Noting the fundamental innovations in the Law as a consistent continuation of large-scale reforms in the religious and educational sphere, special attention should be paid, first of all, to the creation of favorable conditions for ensuring freedom of conscience for every person, and clarifying law enforcement practice.
Currently, 2373 religious organizations of 16 religious denominations operate in Uzbekistan. Of these, Muslim organizations - 2174, which is 92 percent of the total number.
There are also 181 Christian organizations, 8 Jewish communities, 7 Baha'i communities, one Krishna society and one Buddhist temple, as well as the interfaith Biblical Society of Uzbekistan operating in Uzbekistan.
Recently, 134 religious organizations have been registered in Uzbekistan, including 3 higher and one secondary specialized Islamic educational institutions in Bukhara, Samarkand and Termez, 105 mosques and 25 non-Islamic organizations of 7 different religious denominations.
At the same time, the national legislation of Uzbekistan does not provide for any restrictions on the number of religious organizations or the terms of their registration.
Religious organizations operating in the republic, along with other public organizations, actively participate in spiritual and educational work, make a significant contribution to improving the spirituality of society, and forming strong beliefs in young people based on patriotism, as well as interfaith and interethnic tolerance.
It should be noted that religious policy in Uzbekistan is based on the principles of the secular nature of the state, religious tolerance and equal treatment of all religions. In the republic, representatives of various nations and ethnic groups professing Islam, Christianity, Buddhism, Judaism and other religions carry out their activities on equal terms.
All conditions have been created for adherents of each denomination, allowing them to freely and unhindered practice their religion.
Believers freely pray in mosques, churches, synagogues, observe fasting, and also make pilgrimages. Religious organizations have the right to own territory, publish literature, train their religious ministers, and organize pilgrimages to holy places.
The freedom of religion guaranteed by the national legislation of Uzbekistan has created all the necessary conditions for meeting the religious needs of all citizens - representatives of 136 national and ethnic groups.
Representatives of different faiths freely celebrate all religious holidays. Thus, from year to year, Kurban-Hayit and Ramadan-Hayit are celebrated on an increasingly large scale among Muslims, Easter and Christmas - among Christians, Pesach, Purim and Hanukkah - among Jews, Navruz - among Baha'is, as well as celebrations dedicated to Buddha and Krishna and other major events.
Believers make pilgrimages to holy places: Muslims to Saudi Arabia to perform the Hajj and Umrah rituals, Christians - to Russia, Greece and Israel, Jews - to Israel.
Over the years of independence, more than 484 thousand Muslims have made pilgrimages to Saudi Arabia, including 188 thousand - Hajj and 296 thousand - Umrah, more than 3.2 thousand Christians and Jews have visited religious shrines in Israel, Russia, Turkey, Italy, Georgia, Greece.
To meet the spiritual needs of society, a large number of religious literature of various orientations is published annually. To fully cover the religious life of Uzbekistan, a number of newspapers and magazines are published, including the newspapers "Islom nuri", "Slovo zhizni", the magazines "Khidoyat", "Vostok svyshe".
Today, in Uzbekistan, on a systematic basis, a set of measures is being carried out to protect the population from the negative influence of destructive ideas that reflect radical extremist ideology and religious fanaticism.
An important step in this direction was the application of acts of pardon. In particular, since 2017, 29 decrees of the President of the Republic of Uzbekistan have been adopted on pardoning persons who have committed crimes.
It should be noted that in recent years, within the framework of the consistent policy pursued in Uzbekistan in the field of protecting the rights and freedoms of citizens, special attention is paid to measures aimed at protecting the rights, freedoms, honor and dignity not only of citizens residing in the republic, but also of our compatriots who find themselves in difficult life situations in foreign countries.
Unfortunately, some of our citizens, who have fallen under the influence of alien ideas, believing false promises, in different years joined the ranks of international terrorist organizations in armed conflict zones abroad. Spouses, fathers of some women returned as part of humanitarian operations, died in the course of armed clashes.
Given this circumstance, on the instructions of the President of Uzbekistan, five humanitarian actions "Mehr" were successfully carried out in 2019-2021, within the framework of which more than 500 citizens of the republic, mainly women and children, were returned to their homeland from the zones of armed conflicts in the Middle East and in Afghanistan.
In order to further assist in their speedy reintegration and rehabilitation, a set of measures has been implemented at the state level to provide timely medical, psychological, material and moral assistance. To date, all returnees have been provided with the necessary conditions for their adaptation to peaceful life and integration into society, access to educational and other social programs has been provided, including through the provision of housing and employment.
In general, it is worth noting that an important distinguishing feature of the religious life of modern Uzbekistan is the inadmissibility of establishing advantages or restrictions for one religion in relation to other denominations.
One of the main priorities of reforming society in order to ensure interethnic harmony and religious tolerance is to ensure and protect the rights and freedoms of citizens, their equality before the law regardless of race, gender, nationality, language, social origin, beliefs, religion, personal and social status, which are enshrined in the Constitution of Uzbekistan.
Uzbekistan consistently and steadily fulfills its international obligations in the field of ensuring religious freedoms within the framework of international human rights treaties.
As is known, Uzbekistan has acceded to more than 70 major international human rights instruments. Accession to these documents contributed to the creation of an effective human rights protection system in Uzbekistan.
It is important that Uzbekistan's policy in the field of religion, aimed at strengthening interfaith dialogue and religious tolerance in society, is an important factor of stability and security.
In conclusion, I would like to emphasize that the large-scale reforms being carried out in the country are a clear confirmation of the consistent continuation by the President of the Republic of Uzbekistan of the implementation of the principle "Everything in the name of man, in the name of his future."
Committee on Religious Affairs
In recent years, Uzbekistan has demonstrated significant progress in the field of international tourism, which pays special attention to cooperation with the CIS countries. Historically, this region has close cultural, economic and humanitarian ties with Uzbekistan, which contributes to the active exchange of tourists and the development of joint initiatives in the tourism industry. According to statistics for January–August 2024 and 2025, there has been a steady increase in the total number of tourists from 6.7 million visiting Uzbekistan to more than 7.5 million with an annual increase of 15-20% per year. By the end of 2025, more than 11 million foreign tourists are expected to arrive.
Kazakhstan, Kyrgyzstan and Tajikistan remain the most significant sources of tourists among the CIS countries. In 2024, Kazakhstan sent more than 2.1 million tourists to Uzbekistan in January – August, Kyrgyzstan — about 1.78 million, and Tajikistan — almost 1.6 million. In 2025, Kyrgyzstan slightly surpassed Kazakhstan in the number of visitors — 2.16 million against 1.77 million, which indicates a positive trend towards strengthening bilateral ties in the field of tourism. Tajikistan also showed an increase of almost 1.7 million tourists. In addition to the traditional leaders, the number of tourists from Turkmenistan increased significantly in January–August, from 125,000 in 2024 to 243,000 in 2025. This growth confirms the growing attractiveness of Uzbekistan as a tourist destination for all neighboring countries.
The CIS countries with fewer tourists, such as Azerbaijan, Belarus, Moldova, Armenia, Ukraine and Russia, also note positive dynamics. The increase in the number of Russian tourists in January –August is particularly noteworthy — from 587,000 in 2024 to more than 663,000 in 2025, reflecting the strengthening of tourist and cultural ties between the two countries. The growth of the tourist flow from the CIS is largely due to Uzbekistan's comprehensive work to improve infrastructure, simplify visa procedures, and actively promote travel brands. The development of transport links, the introduction of modern services and the expansion of the range of tourism products make Uzbekistan more and more attractive to visitors from neighboring countries.
Uzbekistan is the historical center and pearl of the Great Silk Road, the crossroads of world cultures and civilizations. There are more than 8,000 cultural heritage sites in the country. 209 of them are part of four museum cities included in the UNESCO World Heritage List. The magnificent monuments of the ancient cities of Samarkand, Bukhara, Khiva attract many tourists who want to get acquainted with the rich heritage of the region. Samarkand is the ancient capital of the empire of the great commander Amir Temur, which houses the most beautiful Registan ensemble, the Ulugbek Observatory and the Imam Al-Bukhari complex, the most important for Muslims, the fabulous city of Bukhara, famous throughout the Islamic world with its Bahauddin Naqshbandi complex, the Ark fortress and the Poi Kalyan ensemble, the capital of the Khorezmshah State Khiva with a museum city open-air Ichan-Kala, and of course the city of Shakhrisabz, where Amir Temur was born and built the Ok-Saroy palace there.
Tashkent, the capital of Uzbekistan, is the geographical center and the largest hub of Central Asia, a connecting bridge between East and West. Tourists can get great emotions and impressions from their stay in Tashkent, which has many interesting sights, including the architecture of modernity and the ancient East. Uzbekistan is not only a historical city, but also a huge number of natural attractions: the picturesque mountains of the Western Tien Shan and Pamir Alai, mysterious caves, the endless Kyzylkum desert, a huge number of lakes, the Ustyurt plateau and the Aral Sea in Karakalpakstan. It should be noted that Uzbekistan occupies high places in the world tourism rankings, in the field of security, historical attractions, family tourism, gastronomy, etc. There is a tourist police in all tourist centers of the country, thanks to which all foreign visitors feel safe at all times. At the same time, over the past 10 years, Uzbekistan has not had any incidents related to the safety of tourists in the country, which could negatively affect the tourist image of Uzbekistan. Great attention is paid to youth tourism in the country, special tours of historical subjects, ecotourism, extreme tourism, and industrial tourism have been formed to visit various production facilities, which also serve as their subsequent professional orientation.
The Government of Uzbekistan has identified several territories with high tourism potential as free tourist zones created specifically for businesses operating in the tourism sector. Conditions have been created to attract foreign investment in the tourism sector. To encourage investors, various incentives have been introduced for the hotel sector, the construction of tourist complexes and infrastructure. Business representatives from the CIS countries are the most active investors, creating both enterprises with 100 foreign investments and joint ventures in the tourism industry of Uzbekistan. Uzbekistan invites Russian investors to take an active part in joint projects in the territories of Charvak, Chimgan, Nanai, Baysun, Maidanak, Miraki, Parkent, Akhangaran, Angren, Akchakul, Tudakul, Aydarkul and others tourist zones. The development of tourism with the CIS countries is becoming not only a factor of economic growth, but also an important element in strengthening interstate relations, cultural exchange and friendship of peoples. The growth of the tourist flow contributes to the creation of new jobs, the development of small and medium-sized businesses and the improvement of the standard of living of the population. The prospects for further development of tourism ties between Uzbekistan and the CIS countries look very promising. Enhanced cooperation, exchange of experience and implementation of innovative solutions will make the region one of the most attractive and dynamically developing tourist destinations in Eurasia. The Committee on Tourism of Uzbekistan is ready to support the tourism business of our countries in the implementation of joint projects, and create all necessary conditions for comfortable travel of tourists of all categories from the CIS countries.
Head of the Department of
Transport and Logistics Development Shukhrat Isakulov
Over the past five years, the Organization of Turkic States (OTS) has undergone a qualitative transformation, evolving into an effective mechanism for interregional cooperation.
The stability and effectiveness of this format are largely determined by the degree of development of its institutional architecture. Within the OTS, this architecture features a multi-tiered structure, comprising the Council of Heads of State, the Council of Ministers of Foreign Affairs, the Committee of Senior Officials, the Council of Elders and the Secretariat of the organization.
A powerful impetus to the development of the association was provided by the adoption in 2021 of the “Turkic Vision – 2040” strategy, which became the conceptual foundation for the formulation of sectoral roadmaps, action plans, and a system of long-term milestones. The implementation of this strategy has manifested most visibly in the areas of transport digitalization, customs procedures, investment cooperation, and educational exchange.
Special attention should be paid to the activities of the Parliamentary Assembly of Turkic States (TURKPA), within the framework of which efforts have intensified to harmonize legislative approaches in the fields of trade, transport regulation and humanitarian cooperation.
A significant impetus to the development of the OTS was provided by the active engagement of Uzbekistan in the organization's work. In the subsequent period, Tashkent became one of the key drivers in modernizing the OTS agenda. At the initiative of the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, the promotion of projects in transport connectivity, industrial cooperation, digital transformation, and investment collaboration intensified. It is with the invigoration of Uzbek participation that many experts associate the organization's transition from a declarative stage to a phase of practical institutionalization.
The 2022 Samarkand Summit provided an additional symbolic and political impetus, during which decisions were made to establish the Turkic Investment Fund and institutionally expand the economic agenda. This stage solidified the evolution of the OTS toward forming a fully-fledged geo-economic space while preserving its cultural and historical foundation.
Concurrently, economic cooperation is steadily establishing itself as a key pillar of the OTS development. The combined demographic potential of the organization is estimated at approximately 178 million people, a significant portion of whom comprise a young, able-bodied population. The nominal GDP of the member states exceeds USD 1.8–1.9 trillion, while their total foreign trade turnover surpasses USD 1.1 trillion.
In recent years, interregional trade has demonstrated steady positive dynamics. According to estimates by the OTS Secretariat, mutual trade turnover among member states reached USD 22–23 billion, nearly doubling compared to the figures at the beginning of the decade.
Uzbekistan plays a notable role in this process. By the end of 2025, the Republic's trade volume with OTS countries exceeded USD 9 billion, whereas in 2019, this figure stood at approximately USD 4.2 billion. Thus, over a six-year period, the trade turnover has practically doubled.
A prime example is the Uzbek-Turkish industrial cooperation. The number of enterprises with Turkish capital participation in Uzbekistan has surpassed 2,000, while the total volume of joint investment projects is estimated at over USD 5 billion. A significant share of these projects is concentrated in the textile industry, building materials manufacturing, electrical engineering, and the food industry.
The specific significance of this interstate association is driven by its geo-economic location. The member states of the organization are situated at the strategic intersection of transport arteries linking East Asia, the South Caucasus, the Middle East and Europe.
Its central element is the Middle Corridor, which connects China, Central Asia, the Caspian region, the South Caucasus, Türkiye and onwards to European markets. Over the past three years, the route has demonstrated steady cargo traffic growth. By the end of 2025, shipment volumes along the corridor exceeded 4.5 million tons, whereas in 2021, they stood at less than 1 million tons.
A key driver of this growth has been the comprehensive modernization of port infrastructure. For instance, following its reconstruction, the Baku International Sea Trade Port now possesses the capacity to handle up to 15 million tons of cargo annually, including up to 100,000 containers, with future expansion potential reaching 25 million tons.
The acceleration of delivery timelines is of equally vital importance. While cargo transportation from China to Europe along this route previously required 40–50 days, the digitalization of document flows (e-CMR), the unification of pre-arrival customs declaration procedures, and infrastructure modernization have successfully reduced this timeframe to 18–23 days.
The creation of a trans-regional "green energy corridor" is emerging as a highly promising avenue of cooperation, envisaging the export of electricity generated from renewable sources in Central Asia and the South Caucasus toward Europe. Azerbaijan, Kazakhstan and Uzbekistan have intensified their coordination regarding the synchronization and construction of the necessary power transmission infrastructure.
At the same time, in the context of accelerating global digitalization, technological development is acquiring not only economic but also strategic importance, forming the foundation for enhancing the efficiency of interstate cooperation, modernizing industry, and strengthening infrastructural connectivity.
The combined volume of the digital economy of the member states already exceeds $110 billion, while the average annual growth rate of the sector in a number of countries stands at 12–18%, which is significantly higher than the global growth rates of traditional industry.
The strengthening of the OTS digital development track was reflected in the agenda of the informal summit held on May 15, 2026, in Turkistan, where artificial intelligence and digital development served as the central theme. This highlighted the organization's transition toward treating technological transformation as a high-priority area of strategic cooperation.
Uzbekistan is likewise demonstrating accelerated digital modernization. By the end of 2025, the country's export of IT services exceeded $1 billion, representing a nearly fivefold increase compared to 2020. Hundreds of companies operate through a network of specialized IT Parks, serving external markets, including the OTS member states. Within the framework of regional cooperation, the Republic actively promotes initiatives for the unification of digital services and the development of joint educational programs in high technology.
However, the effectiveness of these processes is largely determined not only by economic but also by humanitarian factors. In this regard, the OTS possesses a unique advantage, as it is built upon a deep historical and cultural commonality, linguistic proximity, and a shared civilizational heritage among the member states.
A pivotal role in this process is played by a network of specialized institutions, among which the International Turkic Academy, TURKSOY, TURKPA, and the Turkic Universities Union hold particular significance, ensuring the comprehensive development of humanitarian, scientific and educational cooperation.
These structures provide coordination for scientific research, the development of joint educational initiatives, the promotion of cultural heritage, and the expansion of inter-societal engagement.
Special attention is dedicated to the development of academic integration. Since 2025, dozens of academic exchange programs, including joint master's and doctoral tracks, have been implemented within the framework of inter-university cooperation among the OTS states. The number of students participating in educational mobility between the countries of the organization increases annually by an average of 18–22%.
A notable contribution to this process is made by leading universities, such as the Al-Farabi Kazakh National University, Ankara University, Samarkand State University, and the Kyrgyz-Turkish Manas University, which serve as key centers for personnel training and scientific support for integration processes.
Separate attention of the member states is directed toward expanding tourism potential. The cumulative tourism flow among the OTS states has increased by more than 35% over the past five years. A significant impact was delivered by the development of joint tourist routes, including pilgrimage, historical-cultural, and ethnographic programs.
In this context, "Cultural Capital of the Turkic World" program and the granting of this status to cities such as Khiva, Aktau, Turkmenbashi, and Shusha have contributed to a significant intensification of tourism exchange within the format.
Another factor driving tourism development has been the formulation of a unified tourism product, "Tabarruk Ziyorat," aimed at developing religious and educational tourism among Uzbekistan, Kazakhstan, Kyrgyzstan and Türkiye.
Looking ahead, the OTS possesses significant potential for further strengthening as a space for practical cooperation.
Crucial importance in this context will be attached to the deepening of economic cooperation by reducing non-tariff barriers and digitalizing trade and customs procedures, the further development of transport and logistics connectivity - primarily within the framework of the Middle Corridor - the expansion of technological collaboration focused on the development of the digital economy and joint innovation platforms, as well as the strengthening of expert-analytical, academic and educational interaction.
On the whole, deepening cooperation across key areas will serve to strengthen the role of the OTS as one of the most promising frameworks ensuring the development and resilience of Central Asian nations.
In this context, the informal OTS summit held in Turkistan stands as a crucial milestone in advancing this agenda, reaffirming the commitment of the member states to expanding practical cooperation and defining new benchmarks for joint development, primarily in digital transformation and technological collaboration.
Uzbekistan is entering a period in which domestic transformation is becoming increasingly interconnected with global economic processes. The country has set ambitious goals: accelerating economic growth, advancing the technological modernization of industry, attracting large-scale investment, expanding exports and integrating into international value chains.
This is precisely why discussions within the G20 have practical relevance for Uzbekistan. The issues addressed by the Group of Twenty — sustainable development, industrialization, the energy transition, trade, digitalization, food security, access to capital and the modernization of financial institutions — largely align with the challenges facing the country. The difference lies mainly in scale: while the G20 shapes the key priorities of the global economy, Uzbekistan translates similar objectives into a concrete national development agenda.
The G20 brings together the world’s largest advanced and emerging economies, as well as the European Union and the African Union. Its members account for approximately 85% of global GDP, more than 75% of international trade and around two-thirds of the world’s population. For Uzbekistan, the G20 represents a platform where major global trends are shaped, including the cost of capital, the structure of demand, investment flows, industrial standards, trade rules and approaches to sustainable growth.
Investment: A Focus on Trust and Long-Term Capital
The global investment landscape is changing. Capital is becoming increasingly selective, while investors are paying greater attention not only to market size and natural resources, but also to the quality of institutions, regulatory predictability, the protection of business rights, access to infrastructure and the clarity of the legal environment.
This shift is particularly relevant for Uzbekistan. In recent years, attracting investment has become one of the central pillars of the country’s economic policy. At the Fifth Tashkent International Investment Forum, President Shavkat Mirziyoyev noted that Uzbekistan’s economy grew by 7.7% in 2025, while the country attracted USD 43 billion in foreign investment. GDP is expected to exceed USD 180 billion in 2026.
These figures reflect not only strong economic growth, but also the emergence of a new model of engagement with the international business community. Uzbekistan is strengthening its role as a stable platform for long-term capital, industrial cooperation and the regional expansion of companies.
The establishment of the Tashkent International Financial Centre plays an important role in this process. Its legal framework provides for a special regulatory regime, elements of English common law, an independent commercial court, the free movement of capital, the ability to conduct transactions in any currency, and the development of fintech, digital assets and green finance.
Such initiatives enhance Uzbekistan’s attractiveness to international businesses. They create an environment in which capital protection, transparent rules, modern financial instruments and institutional trust become integral components of the country’s overall investment architecture.
Against this backdrop, practical cooperation between Central Asia, international development banks, export credit agencies, sovereign wealth funds and the private sector is becoming increasingly important. For Uzbekistan, it is essential to establish mechanisms that facilitate the preparation and financing of specific initiatives in transport and digital infrastructure, power grids, energy storage systems, water conservation, agricultural technologies and the processing of critical minerals.
This approach is fully aligned with the priorities of the G20: investment should support not only the implementation of individual projects, but also the development of resilient infrastructure for long-term growth. Uzbekistan, for its part, is ready to offer its partners a well-prepared portfolio of projects and stable long-term conditions for their implementation.
Industry: Transitioning to a More Sophisticated Economy
One of the central themes of the G20 agenda is the development of a new generation of industry. This extends beyond increasing production volumes to encompass technological modernization, resilient supply chains, localization, advanced processing, innovation and the creation of high-skilled jobs.
For Uzbekistan, this approach is of direct relevance. The country is steadily transitioning from an economic model primarily based on raw materials and traditional manufacturing advantages toward one in which processing industries, technology, industrial cooperation and the export of higher value-added products play an increasingly important role.
Over the coming years, Uzbekistan aims to increase industrial value added from USD 36.5 billion to at least USD 60 billion, while expanding output in high-technology and medium-high-technology industries by a factor of 2.5. In 2026, the country plans to launch 782 new industrial and infrastructure projects with a combined value of USD 52 billion.
This approach is fully consistent with modern industrial policy. Manufacturing is viewed not merely as the production of goods, but as the foundation for technological resilience, employment, export growth, energy efficiency, logistics and participation in global manufacturing value chains.
A broad range of opportunities is emerging for Uzbekistan across metallurgy, the chemical industry, electrical engineering, machinery manufacturing, automotive components, pharmaceuticals, construction materials, textiles, agro-processing and digital infrastructure. In each of these sectors, the country seeks not only to expand production volumes but also to deepen value-added processing, improve product quality and access new markets.
Critical minerals have also become an increasingly important topic. For the world's leading economies, they are closely linked to the energy transition, digitalization, battery technologies, industrial modernization and secure supply chains. For Uzbekistan, with its rich mineral resource base and developing metallurgical sector, this resource advantage can serve as the foundation for new industrial clusters and production partnerships with international investors.
At the same time, it is essential that such cooperation goes beyond the simple export of raw materials and instead focuses on creating complete value chains within the region. This includes advanced processing, technology transfer, workforce development, strengthening engineering capabilities and creating highly skilled jobs. Such a model will enable Uzbekistan to reinforce its industrial self-sufficiency while becoming an even more significant partner for major international markets.
Trade: Connectivity as a Driver of Competitiveness
The relevance of the G20 is particularly evident in the area of trade. The world's largest economies already occupy a prominent place in Uzbekistan's external economic relations.
Between January and May 2026, Uzbekistan's foreign trade turnover reached USD 32.8 billion. Its key trading partners include China, Russia, Kazakhstan, Türkiye, France, the Republic of Korea and Germany. Most of these countries are either G20 members or are closely integrated into its broader economic architecture.
Decisions taken by the world's largest economies have a direct impact on the conditions of Uzbekistan's foreign trade. Technical standards, quality requirements, rules of origin, tariff policies, logistics routes, environmental regulations and digital trade procedures have become part of the day-to-day business environment for Uzbek exporters.
As a landlocked country, transport connectivity is of particular strategic importance for Uzbekistan. In today's global economy, export competitiveness depends not only on product quality but also on the speed, cost and reliability of delivery. Consequently, the development of East-West and North-South transport corridors passing through Central Asia has become an integral part of the country's trade, transport and industrial policy.
Achieving this objective requires practical solutions, including the digitalization of transit procedures, mutual recognition of electronic transport documents and certificates, coordinated operation of border crossing points, the reduction of unjustified fees and the implementation of the "One Border – One Stop" principle. The effectiveness of these measures should be assessed not by the number of agreements signed, but by tangible reductions in delivery times and transportation costs.
At the same time, Uzbekistan's export performance demonstrates important structural changes. Between January and May 2026, exports of goods excluding gold increased by 29.4%. This indicates that the country is steadily expanding the non-resource component of its foreign trade while strengthening its competitive position in industrial products, textiles, agro-processing, services, transport and other sectors.
At this stage, it is important not only to increase export volumes but also to improve their quality. Modern trade requires internationally recognized certification, consistency, strong branding, efficient logistics and the ability to meet the standards of major global markets. International standards and domestic reforms are becoming increasingly interconnected: external markets establish the requirements, while government policy helps businesses meet them.
WTO: Rules, Trust and Market Access
Uzbekistan's accession to the World Trade Organization is now approaching its final stage. This is no longer merely a technical process, but one of the key components of the country's economic transformation toward a more open, predictable and competitive model of development.
In June 2026, the issue gained additional political and practical momentum. During the meeting between President Shavkat Mirziyoyev and United States Trade Representative Jamieson Greer, particular attention was devoted to cooperation in the context of Uzbekistan's accession to the WTO and continued U.S. support for this process. At the same time, the United States officially reaffirmed its support for Uzbekistan's membership and recognized the substantial progress achieved by the country in this area.
For Uzbekistan, WTO membership represents the institutionalization of a new economic model based on reducing unnecessary trade barriers, enhancing regulatory transparency, improving the business and investment climate, expanding opportunities for exporters and strengthening the confidence of the international business community in the Uzbek market.
Integration into the WTO framework is closely linked to Uzbekistan's investment, industrial and trade agenda. For investors, it serves as a signal of greater policy predictability. For exporters, it provides access to a transparent and rules-based international trading system. For industry, it creates incentives to improve product quality, competitiveness and compliance with modern international standards. Accordingly, WTO accession should be viewed as a natural continuation of the comprehensive reforms already underway.
The New Economy: Global Trends and Uzbekistan’s Development Path
The global economy is undergoing profound structural transformation. Supply chains are being reshaped, competition for capital and technology is intensifying, and the importance of energy resilience, food security, digital infrastructure and industrial capabilities continues to grow. These are precisely the issues at the heart of the G20 agenda.
For Uzbekistan, this transformation reinforces the relevance of the country's chosen development path. The nation is already advancing in areas that are becoming fundamental to the new economy, including investment openness, industrial modernization, transport connectivity, energy development, digital transformation, export expansion and integration into the international rules-based trading system.
As the world's leading economies focus on supply chain resilience, new opportunities emerge for Uzbekistan in logistics, industrial cooperation and regional specialization. The global energy transition is increasing demand for renewable energy, critical minerals and energy-efficient industries. Food security concerns are enhancing the importance of agro-processing and cooperation with neighboring markets. Meanwhile, the growing emphasis on digitalization and financial resilience underscores the strategic importance of fintech, IT infrastructure, artificial intelligence and modern financial institutions.
At the same time, the transition to a low-carbon economy and the adoption of new digital standards must be both fair and practically achievable for developing countries. For Uzbekistan, it is essential that new international requirements be accompanied by transparent rules, reasonable transition periods, mutual recognition of equivalent standards, access to technology and financing, and support for exporters in implementing carbon accounting, product traceability and international certification systems.
In this context, the priorities discussed within the G20 closely align with the reforms already underway in Uzbekistan. The G20 therefore provides an international framework in which the country's development strategy receives both practical relevance and additional validation.
Strategic Priorities for Growth: Capital, Technology and Exports
From the perspective of investment, industry and trade, the G20 agenda highlights several strategic priorities for Uzbekistan.
The first is capital. Uzbekistan must continue developing an investment ecosystem in which international businesses see not only promising projects but also long-term institutional reliability. This requires further development of the country's financial centre, special legal regimes, industrial zones, digital public services, investor protection mechanisms and comprehensive investment facilitation.
The second priority is industry. Uzbekistan should continue strengthening its position in higher value-added manufacturing by expanding advanced processing, developing local component industries, enhancing engineering capabilities and fostering technological partnerships. This will enable the country to become a fully integrated participant in increasingly sophisticated global manufacturing value chains.
The third priority is trade and connectivity. Export policy should be built around quality, international standards, certification, logistics, branding and reliable access to global markets. For a landlocked country, this also requires continuous investment in transport corridors, transit digitalization, lower logistics costs and greater supply chain predictability. The steady growth of non-resource exports already demonstrates that Uzbekistan is moving in the right direction, while WTO accession is expected to provide additional momentum and long-term stability.
The fourth priority is partnerships. Most of Uzbekistan's principal trade and investment partners are either G20 members or closely connected to its broader economic architecture. Accordingly, cooperation with China, Russia, Türkiye, the Republic of Korea, Germany, France, India, Japan, the United States, the European Union and the Middle East should be viewed as part of a unified strategy for integration into global networks of capital, technology and markets.
Uzbekistan and the G20: Shared Priorities, Practical Outcomes
For Uzbekistan, the G20 reflects the global processes that are becoming increasingly intertwined with the country's own development trajectory. While the G20 focuses on sustainable growth, Uzbekistan is implementing large-scale economic reforms. As industrialization remains at the forefront of the international agenda, the country is strengthening its industrial base and pursuing greater technological sophistication. As discussions center on trade and investment, Uzbekistan continues opening its markets, improving its regulatory framework and establishing modern institutions for investment and capital.
The greatest value of the G20 agenda for Uzbekistan lies in the convergence of strategic priorities. The global economy is entering a new era in which capital, technology, production and trade are being fundamentally reconfigured. In this environment, Uzbekistan seeks not only to adapt to the evolving economic landscape but also to secure a stronger and more competitive position through structural reforms, openness, industrial development and long-term international partnerships.
Central Asia plays a particularly important role in this process. The region is steadily emerging as a strategic bridge between major global markets, while Uzbekistan is becoming one of the key platforms where transport corridors, industrial value chains and investment projects are translated into tangible economic outcomes.
This is the practical significance of the G20 for Uzbekistan. It provides a clearer understanding of the direction of the global economy, enables the country to align international developments with its national priorities and transforms global trends into concrete opportunities for sustainable growth. For Uzbekistan, this represents the continued implementation of its own long-term development strategy, built upon comprehensive reforms, national interests and the growing strategic potential of Central Asia.