At the invitation of President of the Republic of Uzbekistan Shavkat Mirziyoyev, President of Mongolia Ukhnaagiin Khurelsukh will pay a state visit to our country on June 23-26.

In accordance with the program of the high-ranking guest's stay, it is envisaged to hold high-level talks in Tashkent, during which issues of further expansion and strengthening of Uzbek-Mongolian relations of friendship and multifaceted cooperation will be considered.

In particular, the agenda includes plans to develop constructive political dialogue and inter-parliamentary contacts, increase bilateral trade turnover, implement cooperation projects in mining, agriculture, livestock, light industry, healthcare, transport, logistics and other areas. Joint measures aimed at boosting cultural, humanitarian and tourist ties will also be discussed. There will be an exchange of views on international issues.

A package of intergovernmental and interdepartmental documents will be signed following the results of the summit.

As part of the program of the state visit, the leaders of the two countries will meet with representatives of leading companies and business circles, and a number of other bilateral events will be held.

Mongolian President Ukhnaagiin Khurelsukh will also visit Khiva, where he will familiarize himself with the rich cultural and historical heritage of our people.

The text of the article is in Uzbek!

The first session of the Fergana Peace Forum, titled “Fergana Valley: Uniting Efforts for Peace and Progress” is scheduled for October 15–16, 2025, in the city of Fergana.

Next week, the city of Fergana will transform into a focal point for international dialogue and cooperation, hosting key stakeholders from across the region and beyond. This gathering underscores the city’s growing importance as a center for promoting peace, mutual understanding, and collaborative development in Central Asia.

The Forum will be organized by the Institute for Strategic and Interregional Studies under the President of the Republic of Uzbekistan (ISRI), jointly with the Center for Progressive Reforms, the Organization for Security and Co-operation in Europe (OSCE), the International Water Management Institute (IWMI), and the Peacebuilding Hub — a platform that brings together reputable international organizations specializing in peacebuilding and social cohesion.

Entitled “Fergana Valley: Uniting Efforts for Peace and Progress” the Forum is organized in partnership with the National Institute for Strategic Initiatives under the President of the Kyrgyz Republic, the Center for Strategic Studies under the President of the Republic of Tajikistan, and Institute of studying of the problems of Asian and European countries of the National Academy of Sciences of Tajikistan.

The two-day forum will bring together over 300 participants from Central Asian countries, the Commonwealth of Independent States (CIS), as well as from Asia, Europe, and the Americas.

Among the high-level guests are Head of the UNRCCA Kaha Imnadze, European Union Special Representative for Central Asia Eduards Stiprais, Director of the OSCE Conflict Prevention Centre Kate Fearon, Secretary-General of CICA Kairat Sarybay and Deputy Secretary-General of the SCO Sohail Khan.

A key feature of the upcoming session will be its inclusive nature, with participation from representatives of civil society, youth organizations, women’s associations, as well as expert and academic communities.

Leading international peacebuilding institutions such as Berghof Foundation (Germany), the Martti Ahtisaari Peace Foundation (Finland), the PeaceNexus Foundation (Switzerland), and the Stockholm International Peace Research Institute (SIPRI) will also be at the Forum. Reflecting a commitment to be inclusive, the Forum will also draw participation from youth, women groups and the academia circle. 

The Forum aims to create a standing platform for promoting dialogue, mutual trust, good-neighborly relations, and for developing a shared strategy for the development of the Fergana Valley.

The forum’s agenda includes discussions on ensuring stability and sustainable development in the Fergana Valley, unlocking its economic potential, strengthening cultural and humanitarian ties, and expanding the roles of the private sector, youth, and civil society.

The Forum will see the first observation of the “Yntymak Day” (“Day of Unity”) which celebrates the unity in diversity spirit of communities in Fergana Valley. 

Among the anticipated outcomes of the forum is the adoption of a Communiqué calling for the establishment of a unified space of friendship, good-neighborliness, and sustainable development in the Fergana Valley.

At the 80th session of the United Nations General Assembly, the President of Uzbekistan, Shavkat Mirziyoyev, underlined that “the era of closed borders, unresolved disputes and conflicts in Central Asia has receded into the past. In recent years, the volume of mutual trade, investment and transport flows in our region has increased fivefold. Joint investment funds, cross-border trade and industrial cooperation zones are being established, while major infrastructure projects are under implementation”.

The President of Uzbekistan emphasized that “today marks the beginning of the formation of a New Central Asia. Thanks to its unity, stability, and growing regional identity, it is securing an increasingly strong position as an independent actor in the system of international relations”.

“Peace in Fergana Valley has been made possible by strong commitments in Uzbekistan, Kyrgyzstan and Tajikistan and by the diverse communities who have transformed differences into strength. The First Peace Forum on Fergana Valley will showcase how this political resolve and communities’ bond could usher peace,” said Eldor Aripov, Director of ISRS.   

According to him, “The Ferghana Forum is intended to create a new image of the Ferghana Valley as a space of peace, harmony, and opportunity,” demonstrating that the political will of the countries’ leaders and the unity of their peoples can ensure stability and prosperity in the region”.

Dunyo IA

According to estimates by the Center for Economic Research and Reforms (CERR), there is potential to increase mutual trade between Uzbekistan and Tajikistan by 30–40%. Additional opportunities for expanding economic cooperation are primarily linked to the development of industrial cooperation between the two countries.

Economic cooperation between Uzbekistan and Tajikistan has demonstrated steady positive dynamics; however, the potential of bilateral relations remains only partially realized. This was stated today by Khurshed Asadov, Deputy Director of the Center for Economic Research and Reforms (CERR), during the international scientific and practical conference “Uzbekistan – Tajikistan: New Prospects for Alliance and Regional Cooperation”, held in Tashkent.

According to the expert, relations between the two countries have reached a qualitatively new level in recent years. Cooperation, reinforced by agreements on strategic partnership and allied relations, has created an institutional foundation for the active development of economic ties.

According to CERR estimates, mutual trade between Uzbekistan and Tajikistan increased 3.8 times during 2017–2025, rising from $238 mln to $912 mln. During the same period, Uzbekistan’s exports grew 3.7 times, while imports from Tajikistan increased more than fourfold.

Today, Tajikistan ranks among Uzbekistan’s key regional partners, occupying ninth place among the countries importing Uzbek products.

At the same time, current indicators reflect only part of the possible potential of economic interaction. According to CERR estimates, mutual trade could increase by an additional 30–40% solely through the substitution of Tajikistan’s imports from third countries with products manufactured by Uzbek producers.

The expert emphasized that geographical proximity, a shared border, and well-developed transport connections create favorable conditions for deepening trade relations. In particular, significant prospects remain for expanding Uzbekistan’s industrial exports, including automobiles, household appliances, textile products, and chemical goods.

At the same time, considerable potential also exists in the sphere of industrial cooperation. According to the expert, one of the most promising cooperation models could involve the establishment of joint processing facilities in border regions, particularly focused on the processing of agricultural raw materials and the development of agrologistics centers.

Asadov also noted that further development of transport infrastructure and the expansion of transit opportunities in Central Asia could serve as an additional driver of economic integration.

As emphasized by the Deputy Director of CERR, the current level of allied relations between Uzbekistan and Tajikistan creates the foundation for transitioning to a deeper model of economic cooperation, focused on joint investments, industrial cooperation, and the development of regional infrastructure, which could become an important factor in strengthening economic connectivity and promoting the development of Central Asia.

For reference: The international scientific and practical conference “Uzbekistan – Tajikistan: New Prospects for Alliance and Regional Cooperation” was organized by the International Institute for Central Asia (IICA). The event brought together representatives of government institutions, the diplomatic corps, and expert and academic communities from both countries. Participants discussed the current state and prospects for developing trade-economic, investment, and humanitarian cooperation between Uzbekistan and Tajikistan.

CERR Public Relations Sector

It is not an exaggeration to say that in the historical conditions where humanity is going through a difficult period, where contradictions and conflicts are intensifying and seriously undermining stability, in the multi-ethnic New Uzbekistan, human dignity and the interests of the people are recognized as the highest values, and in this regard, it is becoming an example and model for many countries of the world.

Because sustainable development can be achieved first of all by valuing and honoring people, creating conditions for the population to live well today, and realizing the high trust and responsibility of the population for the future.

Abdulla Awlani, the famous modern enlightener, defined man in such a way: “...the purpose of the creation of the universe is man. Man is the glory and honor of all existence. All creation must serve man: man is its master. Because man has a mind. He acquires knowledge with the help of this mind, and rules the world thanks to his knowledge”.

Therefore, measures aimed at the development of citizen's activity and participation in state management are being systematically implemented in Uzbekistan today, with comprehensive support for human rights and interests.

In recent years, the reforms implemented in Uzbekistan and the active participation and involvement of citizens in the state administration have been observed, which is especially important in the adoption of documents that will be the criteria for the future fate of our country.

In particular, in 2023, the "people's constitution" adopted for the first time in the history of Uzbekistan on the basis of the will of the people is a program for creating the foundation of the country's future destiny and happy future. More than 220,000 proposals have been received from different layers of the population, and this is also an example of the people's interest in state management and fate.

For this reason, first of all, the proposals received from the population, as well as the experiences and norms of constitution – making of 190 countries were thoroughly studied, and the articles of the updated constitution increased from 128 to 155, and the number of norms increased from 275 to 434.

In a situation where modern threats and problems are becoming increasingly rooted, the issues of ensuring a stable economy, effective governance, a safe state and social guarantees in Uzbekistan in the future have been deeply analyzed, 65% of the basic law has been updated based on people's proposals, and new norms based on national and universal values ​​and modern opportunities have been introduced.

In the words of the President of Uzbekistan, "Our Basic Law, which is literally a public dictionary, serves as a strong legal guarantee that our large-scale reforms aimed at establishing New Uzbekistan will not go back."

Another proof of the active participation of citizens in the sphere of public administration in Uzbekistan is the launch of the portal for the discussion of projects of regulatory legal documents (https://regulation.gov.uz/) to receive proposals from citizens for drafts of state programs, laws and legal documents. During the year, 77,731 proposals were received from the population for 25,283 draft documents.

Another important point is that in recent years, the share of women in state management in Uzbekistan has increased from 27% to 35%. In particular, 32% of the deputies of the Legislative Chamber of the country's parliament (Supreme Assembly) and 25% of the members of the Senate are women. The number of businesswomen doubled, and the number of women who started their own business exceeded 205,000.

It is of particular importance that Uzbekistan is listed among the 5 fastest developing countries in the world in the field of gender equality in the World Bank index, and is among the top 20 countries in the open gender data index.

First of all, the conceptual basis of the reforms was created in Uzbekistan, and a number of strategic decisions were made for its systematic operation.

In order to further increase the effectiveness of the ongoing reforms, create conditions for comprehensive and rapid development of the state and society, implement priority directions for modernization of our country and liberalization of all spheres of life, the Strategy of Actions on five priority directions for the development of the Republic of Uzbekistan in 2017-2021 is consistently implemented increased.

Strategy 5 – Improvement of the system of state and community building, ensuring the rule of law and further reforming the judicial system, developing and liberalizing the economy, developing the social sphere and ensuring security, inter-ethnic harmony and religious tolerance, as well as a well-thought-out, mutually beneficial and practical foreign policy reforms worthy of universal recognition took place in the field of priority directions.

The economic growth in the country alone was ensured to grow by 4.4% in 2017, 5.4% in 2018, and 5.7% in 2019.

On September 11, 2023, the "Uzbekistan-2030" strategy was adopted based on the experience gained during the implementation of the development strategy of New Uzbekistan and the discussions of the general public, and the strategic tasks that we must achieve in the next 7 years were defined. The importance of this strategy, consisting of 100 points, is that in this document, specific goals and targets are set, which are expected to be achieved in all areas, and the reforms continue consistently.

The important thing is that this document sets the future priority goals, in particular, to use all the possibilities to increase the size of the country's gross domestic product from the current 80 billion dollars to 160 billion dollars, thereby doubling the size of the economy by 2030 and "countries with an income above the average". Bold steps are being taken to enter the ranks.
          In Uzbekistan, great attention is being paid to this area, which is directly related to the quality of life. In the last 7 years, the amount of funds allocated to the healthcare system has increased from 5.9 trillion soums to 33.5 trillion soums, that is, it has increased 6 times. Hospitals are equipped with modern equipment and new ones are being built.

In Uzbekistan, systematic measures are being taken to provide social support to the population, to identify the root causes of the problems of each of its strata, and to provide targeted assistance, especially to reduce poverty.

"Temir daftar" (Iron book), "Ayollar daftari" (Women`s book), "Yoshlar Daftar" (Youth book), "Mahallababay" (Neighbourhood) and "Khonadonbay" (House work) work methods are being introduced for this purpose. On this basis, not abstract indicators of the problem, but the problems of every family and citizen, women, and youth who need help and support are clearly studied on the spot, and they are solved in a timely and effective manner.

Today, the noble traditions of supporting the elderly, disabled people, people in a difficult situation, and showing them love and kindness are being enriched and improved with new meaning and practical actions. In this regard, programs such as "Prosperous village", "Prosperous neighborhood", "Five important initiatives", "Every family is an entrepreneur", and "Youth are our future" are giving positive results.

At this point, it should be noted that since 2017 Virtual and Public receptions of the President of the Republic of Uzbekistan have been established. In 2017-2021, the President's virtual lobby and People's lobby received 5 million. More than 780,000 appeals were considered, of which 3 mln. More than 288 thousand were satisfied. As a result of complete, timely and legal investigation of appeals, the level of their satisfaction is also increasing year by year. In particular, this indicator was 47.5 percent in 2017, 53.9 percent in 2018, 60.9 percent in 2019, 60.4 percent in 2020, and 86.7 percent in 2021.

Another consideration is that in recent years, the intensity and scope of the globalization process has increased in the intellectual world in the complex conditions where the struggle for the hearts and minds of the young generation is intensifying, the role and importance of education in the spirit of patriotism is increasing more and more, and the need to educate our youth as true patriots is growing stronger than ever. In the world, the number and scale of ideological struggles and conflicts are increasing, and new threats are emerging that cannot be predicted in advance.

In such a situation, education of young people in the spirit of loyalty to the Motherland, national identity and values, and concern for national interests is gaining urgent importance.

When one of the scholars said that "the happiness of every nation, the peace and happiness of the states depends on the good education of the youth", there are many real truths.

Based on the opinion of the head of Uzbekistan in his speech at the extended session of the Council of Spirituality and Enlightenment of the Republic that "it is natural that the legacy of our enlightened ancestors serves as a foundation for the legal democratic state and civil society that we are building today", it is clear as day that the development of national spirituality should be one step ahead.

In this regard, specific measures have been defined in 9 directions in the country, in particular, spirituality should be ten steps ahead of other fields, popularization of the heritage of the ancients, addition of an additional "Spiritual sector" to 4 sectors, enrichment of the activities and contents of theaters, cultural centers, priority issues such as the development of Uzbek cultural diplomacy, film, visual and applied arts in the international arena are among these.

The concept of the President of Uzbekistan, "If the economy is the body of society's life, then its soul is spirituality" has already become a vital principle for all of us. Strong spirituality based on the rich heritage of our ancestors and national values ​​serves as a strong pillar for the country that decided to build the new Uzbekistan.

In recent years, "Man-Society-State" has become an irrevocable strategic principle in Uzbekistan, fundamental reforms have been carried out to pay attention to people and protect their rights and interests.

         It is necessary to recognize one fact: reforms in accordance with international standards are being implemented in all areas related to people and their activities. At the same time, the critical analysis of our activities by the head of the country, using the existing freedom of speech, encourages us to constantly examine ourselves and improve our measures regularly in order to reach new goals in the future.

For example, more than 2,200,000 families are in need of social assistance, among them there are many young people. In this regard, specific measures have been determined this year, and in the updated Constitution, the state's social obligations have been tripled, and an additional 30-40 trillion soums will be allocated annually from the state budget.

The principle of "man-society-state" is of particular importance for the future development of our country, and constitutional guarantees have been strengthened in this regard.

The international community of Uzbekistan is paying special attention to strengthening friendly relations with neighboring countries on the basis of cooperation, mutual support, peace and harmony, and the legal basis for further deepening of the reforms implemented in foreign policy in recent years is also being strengthened.

For example, due to the resolution of the 30-year-old border problem with neighboring Kyrgyzstan, more than 2 million inhabitants of the valley were able to move freely with their relatives and friends.

The directions of strengthening peace and stability of Uzbekistan in our region, expanding the potential of our country in the international arena and developing comprehensive and mutually beneficial relations with foreign countries are confirmed in the "Concept of Foreign Political Activities" approved by law.

Today, Uzbekistan has established diplomatic relations with 131 countries of the world, we have 37 embassies in 38 countries, consulates in 17 cities, permanent representative offices in the UN and other international organizations.

In a word, as the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, said, "From now on, we will focus on strengthening multifaceted and mutually beneficial cooperation with all the neighboring countries in Central Asia and the countries and international organizations that are our strategic partners in the world."

Ensuring decent life of citizens in Uzbekistan, inter-ethnic and inter-confessional harmony, well-being and prosperity of our multi-ethnic country of Uzbekistan is also one of the most important directions.

In order to support our compatriots in many countries of the world and further strengthen our relations with them, the "Compatriots" fund was established.

Our work aimed at strengthening the environment of inter-ethnic harmony and tolerance in our society is reaching a new level in terms of quality. July 30, which is widely celebrated as the International Friendship Day, has been announced as the "International Friendship Day" in Uzbekistan. This year, this holiday was widely celebrated for the first time in our country. It can also be considered as a common phenomenon where internal and external political factors converge.

It will be necessary to mobilize all our strength and capabilities to further strengthen the atmosphere of inter-civilian harmony, inter-ethnic friendship and tolerance.

The future strategic tasks in the foreign policy have already been defined, which will serve as a consistent continuation of the actions in the field of foreign policy and economic diplomacy.

In this regard, first of all, it is necessary to further strengthen close friendship, good neighborliness and strategic partnership relations with the countries of the region, to expand mutually beneficial and multilateral relations with the countries of the far and near countries of the world, especially to continue providing assistance to the Afghan people to restore a peaceful and peaceful life in neighboring Afghanistan. It is appropriate to carry out priority tasks such as the implementation of large transport and communication projects together with the country at a qualitative level. In this regard, it is time to raise multilateral relations with international regional organizations and financial institutions to a new level.

In a word, the so-called New Uzbekistan is boldly marching towards sustainable development with systematic reforms, hard work and the will of the creative people. Systematic reforms implemented today in our country, which realizes its high responsibility to present and future generations to build a humane democratic state, an open and fair society, where human life, freedom, honor and dignity are considered the highest value, are a thing of the ages.

Khudoyberdi Khaknazarov

Doctor of History

President Shavkat Mirziyoyev reviewed a presentation on measures for ensuring population’s employment and poverty reduction based on new approaches.

This year it’s planned to ensure employment of 5.2 million citizens and bring out of poverty 1.5 million people. For the first time 60 districts and cities will become territories free of poverty and unemployment. 

Jointly with mahalla bankers it’s planned to ensure constant employment for 1.5 million people and attract more than 2 million citizens to businesses. For this purpose it’s planned to allocate a total of 120 trillion soum of credit resources for small business projects. 

Based on best foreign practices, new approaches to poverty reduction will be introduced in 32 areas. In particular, solar power plants with a total capacity of 107 megawatts will be built in 300 complex mahallas, and members of low-income families will be hired to operate them on a cooperative basis.

In 123 districts, low-income citizens will be offered work on the creation of forest and nursery lands on 20 thousand hectares, as well as the cultivation of medicinal plants. They will be paid a subsidy of 375 thousand soums for every 100 trees planted.

In places with tourism potential it is planned to open guest houses and catering outlets, and at a number of post offices - e-commerce centers, where representatives of low-income families will also get jobs.

A total of 6.472 mahallas in 2025 will implement projects based on new approaches, which will help lift 210 thousand people out of poverty.

Special attention will be paid to remote villages with particularly difficult conditions. In them, the Association of Mahallas of Uzbekistan will take measures to foster a spirit of entrepreneurship, reduce dependency and support labor activity of low-income families.

The Head of State reiterated that 2025 will be decisive in reducing unemployment and poverty, and gave instructions to ensure a systematic and targeted approach to the implementation of the presented measures.

The Ministry of Employment and Poverty Reduction is tasked with strictly monitoring the implementation of these tasks. Each initiative and each activity will be entered into an electronic platform with subsequent verification of the created jobs on the tax base.

The importance of organizing training for the staff of local khokimiyats and “ mahalla seven”, as well as promotion of best practices was also noted.

In recent years, systematic work has been carried out to create a continuous chain of comprehensive support for the development of entrepreneurship in our country. As a result of the measures implemented and important decisions made over the last seven years, a new generation of entrepreneurs of New Uzbekistan has emerged.
In particular, BMB HOLDING is one of the major subjects of private entrepreneurship, playing an important role in the economic life of our country, and gaining strong positions not only in the domestic, but also in the international market.
On the eve of the 33rd anniversary of independence of the Republic of Uzbekistan, Dunyo information agency talked to Bekzod Mamatkulov, the founder of BMB HOLDING.
– Mr. Mamatkulov, in recent years BMB HOLDING has gained a great reputation not only in Uzbekistan, but also among the international business community. Today, the Holding effectively works in the areas of providing consulting services on investment projects, developing international business and trade relations, attracting foreign investments, export-import exchange, introducing innovative technologies, creating modern agro-industrial clusters. We would like to start our conversation with the organization of the Holding and the history of its development.
– After his election as President, Shavkat Mirziyoyev put on the agenda of our state’s policy such important issues as increasing economic potential, attracting investments and, most importantly, supporting entrepreneurs to bring the country to a new stage of development.
In this sense, the opportunities created for entrepreneurs have radically changed my life goals and made me want to test my potential in business.
We generated our first income through services. Developing business plans and providing consulting services was our first source of income. Later we bought land in Arnasay district of Jizzak region to implement our agricultural projects. We planted mung beans and peas as secondary crops here. The first attempts were successful. The agricultural products we grew gave better results than we expected. For the first time we were able to export our crops abroad. In particular, we started selling agricultural products to Pakistan, India and Afghanistan. Later, we had a plan to supply cotton and grain to the state on a contract basis, and we gradually expanded our financial capacity, making a profit from it.
In 2017, during the visit of the Head of state to Jizzakh region, our project to create a food cluster in Arnasay district was presented. At the meeting, the President emphasized that he would support us, like all businessmen, and expressed great confidence in us. Such attention and support of the President of the country gave us additional strength. After that, there was a desire to further expand our business activities, to test ourselves in new industries, to develop and implement joint projects with foreign partners.
In particular, in 2018, we were among the first to create the largest cotton cluster in the country. Thanks to the attention of the management and creation of favorable conditions for doing business, we created a cluster for growing medicinal plants, namely saffron. Later we organized a fruit and vegetable cluster. This big project, in turn, enabled us to set up a system of sorting, packing and deep processing of fruits and vegetables. Thus, having passed through various stages of business, our small project has now formed into BMB HOLDING. At present the Holding unites 30 enterprises. They employ more than six thousand people across the country.
– It is no secret that today the Holding realizes investment projects of international and national level. As an entrepreneur and a person who knows the business environment in foreign countries, how do you assess the investment environment in Uzbekistan? Are there aspects that do not satisfy you, are there factors that are obstacles for business?
– In the process of building New Uzbekistan, the creation of a favorable investment environment for entrepreneurs has become one of the main goals of the reforms of the Head of our state. The adoption by the President of Uzbekistan of a number of decrees and resolutions aimed at supporting entrepreneurs is yielding results today.
Improvement of tax legislation, creation of the possibility of free currency conversion, reforms in the sphere of private property and a number of other positive changes related to these spheres have played their important role, and entrepreneurs are now considered as the driving force of the country’s economy. In 2020-2022, despite the fact that the coronavirus pandemic worldwide had a large negative impact on the economies and the global investment environment, Uzbekistan’s economic growth rates remained stable and its investment attractiveness continued to grow.
The fact that the inflow of foreign investments into the country has increased significantly testifies to the confidence of international business in the economic reforms in our country. Active diversification of the economy is an important achievement that has opened new opportunities for investors in all sectors, starting with industry.
Now, if we talk about the factors that are obstacles for business, aspects that do not satisfy entrepreneurs, I will tell the truth openly: at the level of the government, reforms are being implemented very intensively, positive changes are taking place. But when you go to the lower level of the system, there are still cases of inattention and carelessness somewhere. I believe that such shortcomings will be eliminated.
– We know that BMB HOLDING is engaged in the production and export of a wide variety of agricultural products. In particular, the organization headed by you has achieved great success in saffron cultivation. Today saffron grown in Uzbekistan is becoming popular in many regions of the world. Tell me, when did you come up with the idea of establishing such a complex sphere as saffron cultivation in Uzbekistan and why did you choose this particular project?
– During President Shavkat Mirziyoyev’s visits to Kashkadarya region in 2017, the issue of cultivation of medicinal plants in mountainous and foothill regions, development of this sphere in our country and export of valuable medicinal plants to the world market was prioritized. The leader of our country also inquired why it is impossible to grow saffron in Uzbekistan despite all conditions, and gave a special instruction to develop this industry. During the President’s visit to Jizzakh region, we made a detailed presentation of our saffron cultivation project. Having familiarized himself with the project, the Head of state expressed his full support to it and instructed the responsible persons to implement the program as soon as possible.
However, it was not easy to realize this project at first. When implementing this business idea, first of all, we deeply studied the demand and supply in the domestic and foreign markets, opportunities and prospects for its implementation in the conditions of Uzbekistan, our own potential in this area, as well as a number of other factors. In 2020, we started to implement the project in pandemic conditions. At first, it took a lot of patience and hard work to find specialists, to bring saffron bulbs suitable for our climate from Europe and to get the desired harvest. In the first year we planted saffron bulbs on 55 hectares of land. The high demand for the harvest and the experience gained stimulated further development and expansion of the project. Today saffron is grown on 400 hectares of land. In the next three years, it is planned to increase the area of saffron plantations to 1,000 hectares and produce 20 tons of pure saffron products per year.
At the beginning of 2024, the product BMB Za’faron for the first time in our region received the USDA Organic certificate, an environmental certificate developed by the U.S. Department of Agriculture, which allowed Uzbek saffron to enter the American markets. After several years of in-depth analytical research, Uzbek saffron grown in the Bakhmal district received the appropriate permission to export to Chinese markets according to the conclusion of the Uzbek-Chinese interdepartmental commission.
– Indeed, a lot of experience in saffron cultivation has been accumulated in recent years. At the same time, what countries’ experience do you think should be studied and implemented in order to grow a competitive product that meets the requirements of international standards and markets?
– In agriculture, each product is grown using a specific method. Such countries as Italy, Austria, South Korea, USA, and Saudi Arabia have enough experience in saffron cultivation. Of course, we study the experience of countries with climatic conditions close to ours and exchange experience with industry experts. I can say that we have mobilized all possibilities to get more crops and export them abroad. The increase in exports, in turn, contributes to increasing the inflow of foreign currency into Uzbekistan and ensuring economic stability.
To bring our national products to the world market and increase their competitiveness, the most important factors are, first of all, quality, then price and, of course, matching production capacity to demand. We have taken these aspects into account in our work and projects, especially in saffron cultivation.
– In Uzbekistan, on the initiative of the Head of our state, an open dialog with entrepreneurs is held annually. Tell me, what impact do these efforts have on the activities of the Holding headed by you?
– It would not be an exaggeration to say that the adoption of a number of resolutions and decrees on creation of favorable business environment and healthy competition in our country, comprehensive support for entrepreneurs, further liberalization of tax policy have served to eliminate the problems that have arisen for many years and hindered the free activity of entrepreneurs.
Thanks to the political will of the President of Uzbekistan, the organizational and legal foundations for the development of the industry have been strengthened, and the attention to entrepreneurs has changed dramatically. Most importantly, all this has already started to yield positive results.
In addition, an open dialog between the President of the Republic of Uzbekistan and entrepreneurs has been established. In my opinion, there is no other country in the world that has such a format.
I can confidently say that the open communication of the Head of state with the business community, which has now become a tradition and is held annually, serves as an important factor in the formation of a new competitive class of entrepreneurs in New Uzbekistan.

I visit many countries for work. In particular, my friends-partners in Italy, Germany, the United States, Austria and other countries highly appreciate the annual dialog of the President of Uzbekistan with entrepreneurs. It is no secret that people look at us with envy when they see the personal attention of the Head of state to the development of business in our country. In fact, it is a great achievement for both sides — the President meets with businessmen, listens to their systemic problems, finds solutions and solves them. Therefore, today all businessmen are looking forward to meeting with the President. This meeting has also become an important forum for businessmen to assess their activities for the year and determine plans for the future. The speeches of our country’s leader at the meeting and important initiatives aimed at further development of the industry, removal of existing obstacles, provision of benefits to entrepreneurs serve as a program for further expansion of businessmen’s activities.
I would like to give an example based on my experience. Before dialoguing with the President, I note in my notebook the issues we face in our work. Listening to the President, I always get comprehensive answers to all my questions based on deep analysis.
– In August 2022, by the decree of the President of Uzbekistan, you were awarded the “Faol Tadbirkor” sign, and in 2023 — the “Dustlik” order. Recall those moments when your entrepreneurial activity was highly appreciated by the leadership of our country.
– Before answering, I have to say one thing. Before coming to business, I worked in state and public organizations for more than 15 years. I never received even a certificate of honor, let alone a state award. Today, the leader’s focus is on people who have sincerely worked for the development of our dear country — Uzbekistan. In recognition of our work, in 2022, I was awarded the “Faol Tadbirkor” sign. In 2023, I had the honor to receive the “Dustlik” Order from the esteemed President. These are not just awards given to me, they are recognition of the work of thousands of dedicated people working in the Holding’s system. Such a high appreciation gives our team more confidence and motivation, and gives us great strength to realize the goals we have set for ourselves.
– The direction of economic diplomacy is becoming increasingly important in attracting foreign investment to Uzbekistan, finding new partners and exporting national products abroad. In this regard, does the Holding, which you head, use the opportunities of diplomatic missions of our country in foreign countries? How satisfied are you with the work of our country's embassies in this direction?
– Frankly speaking, it used to be impossible to meet with diplomats. If you went abroad and wanted to meet with the Ambassador of our country, he would not accept businessmen. This is an open statement. The Ambassador only dealt with politics. Thanks very much to our President, he brought the diplomats’ attention to the economy as well. This, of course, has opened wonderful conditions and opportunities for entrepreneurs. Openness in this sphere, in turn, has become an important step for entrepreneurs in finding foreign partners and attracting investment.
Today, the diplomatic missions of Uzbekistan in foreign countries play a very important role in the activities of the Holding Company, and we feel their support at every stage of realization of our numerous projects. The introduction of the position of Advisor to the Ambassadors of Uzbekistan on economic issues has been very useful for us entrepreneurs. It should be noted that BMB HOLDING has established close relations of economic cooperation with embassies of foreign countries in Uzbekistan, in particular with diplomatic missions of Russia, China, USA and a number of European countries such as Poland, Austria and Latvia.
In a word, the role of diplomatic missions of Uzbekistan and foreign countries in our country is very important in effective realization of the company’s projects.
– Today BMB HOLDING operates in the field of cultivation and production of agricultural products. Our readers are also interested in the future plans of the Holding.
– Our plans for the near future are huge. In particular, the work on establishment of deep processing of agricultural and fruit and vegetable products, and the launching of textile factories in Syrdarya region is in full swing. We also want to implement projects in the field of medicine. Our first project in this direction will be the creation of a health center in Navoi region in 2025. Also, a chain of restaurants and hotels “Zafaron” will be launched in Tashkent city and Tashkent region.
Along with this, we plan to implement the project “Energy-efficient technologies and equipment for production, mining and processing of natural decorative stone” worth 50 million US dollars together with the organization Toksel Makina from Turkey.
– Our last question may be off-topic, but many people are also very interested in this area. We would like to ask about your projects in sports, especially in soccer. What are your goals in soccer and futsal? Also, please, provide information about BMB HOLDING brand ambassadors in the sphere of chess.
– This is an interesting question. BMB HOLDING considers the development of sports in our country, especially soccer and futsal, as one of the main directions of its activity. The Holding was one of the sponsors of Sogdiana soccer club in 2021 and Lokomotiv soccer club in 2022. Since 2023, our Holding has been one of the sponsors of the professional soccer league of Uzbekistan.
At the same time, the BMB PROFESSIONAL FUTSAL CLUB team started its activity in the system of the Holding. A number of famous local and Brazilian futsal players were invited to the team. For the last two years the team won the Cup of Uzbekistan and the Super Cup of Uzbekistan. Today the basis of our team is made up of futsal players playing in the national team of Uzbekistan on mini-football.
On June 30, on the occasion of Youth Day in Uzbekistan together with the Agency for Youth Affairs within the framework of the project of the brand ORRO ROSSO in Milan (this brand is currently the official partner of the Italian soccer club Milan and Monza) we organized a trip to our country of four famous former players of the soccer club Milan, world and European champions Dida, Sergino, Panucci and Zaccardo. I believe that the visit of famous soccer players to Uzbekistan has served to increase the interest and activity of our youth in sports.
As you know, the Futsal World Cup will be held in our country from September 14 to October 6 this year. BMB HOLDING as the main partner organization is preparing for this futsal holiday.
Besides, BMB HOLDING actively supports talented young chess players. Recognizing them as the face and ambassadors of the Holding, we call them brand ambassadors. In particular, FIDE Master of Sports Humoyun Bekmurodov won a silver medal at the X Chessable Sunway Sitges International Chess Festival 2023 held in Barcelona (Spain), and also won the Dubai Police Global Chess Challenge tournament held in Dubai (United Arab Emirates) on May 3-13 this year.
Another of our young chess players is Umida Omonova, a student of the International Chess School, world champion in blitz and rapid, FIDE Master of Sport, member of the Uzbekistan national team, holder of the state award named after Zulfiya, brand ambassador of BMB HOLDING. She also won the 18th round of the Uzbekistan Championship held in April this year.
Another thing is that BMB HOLDING mobilizes all its capabilities and potential in the direction of further prosperity of New Uzbekistan, which is being built under the leadership of the Head of state, improvement of welfare of our people and development of the Motherland.
- Thank you for taking the time to talk to us.
- Thank you.

Dunyo IA

TASHKENT, January 14. /Dunyo IA/. Deputy Minister of Foreign Affairs of Uzbekistan Olimjon Abdullaev held a meeting with the Ambassador of Latvia Reinis Trokša, reports Dunyo IA correspondent.

According to the MFA, the main agenda of the meeting was to discuss expanding cooperation in the field of external labor migration.

During the talks, the topics of organized labor migration of citizens of Uzbekistan to Latvia, simplification of the visa regime, creation of a legal framework in the field of labor migration and establishment of joint educational institutions and centers, as well as attracting specialists from Latvia to train potential labor migrants were discussed.

The parties noted the importance of strengthening cooperation between the relevant agencies of the two countries in protecting the rights of labor migrants and confirmed their readiness to further develop bilateral relations in the field of external labor migration.

President of Uzbekistan Shavkat Mirziyoyev has arrived in Washington on a working visit to participate in the “C5+1” summit of the leaders of Central Asian countries and the United States and to hold meetings with U.S. President Donald Trump, members of the Senate and the House of Representatives, as well as heads of U.S. government departments and agencies.

The C5+1 format, launched in November 2015 in Samarkand, has become an important mechanism for coordination and cooperation in areas such as regional development, economic resilience, environmental protection, energy, and security. Its primary goal is to establish a permanent platform for diplomatic dialogue, exchange views on pressing issues, and strengthen connectivity in the fields of transport, energy, trade, business, and humanitarian engagement. The Joint Declaration on Partnership and Cooperation, adopted at the first meeting, reaffirmed the United States’ commitment to supporting the sovereignty, independence, and territorial integrity of the Central Asian countries.

The first C5+1 leaders’ summit, held in New York in September 2023, gave a strong impetus to advancing the comprehensive agenda of the platform and marked the launch of new initiatives, including the B5+1 Private Sector Business Platform (Almaty, March 2024) and the Critical Minerals Dialogue (February 2024). Since its inception, the format has held 13 ministerial meetings and three high-level gatherings, as well as specialized forums on climate change, development, Afghanistan, and other priority areas.

Uzbekistan has taken an active and constructive role within the C5+1, consistently advocating for the institutionalization of cooperation, enhanced border-security coordination, intensified action on climate and environmental challenges, and the continuation of projects in trade, investment, transport, and energy. Tashkent also supports initiatives related to Afghanistan. Many Uzbek initiatives have been endorsed and implemented in practice, including the establishment of the Virtual C5+1 Secretariat (2021), the TIFA meetings (Samarkand, March 2023), and projects on artificial intelligence and educational cooperation under the C5+1 framework.

The impact of these multilateral initiatives is evident: strengthened regional cooperation has opened new export routes, enhanced investment attractiveness, and created expert-exchange platforms — all contributing to the overall resilience of Central Asia.

Uzbekistan’s active engagement in the C5+1 format is fully aligned with its broader policy of deepening bilateral cooperation with the United States, which continues to expand across all key areas - politics, security, the economy, science, and culture.

Since the establishment of diplomatic relations on February 19, 1992, Uzbekistan and the United States have made substantial progress. A milestone was President Mirziyoyev’s official visit to the United States on May 15–17, 2018, which laid the foundation for a new era of strategic partnership. The President has also met with U.S. leaders on various multilateral platforms — on the sidelines of the Riyadh Summit in May 2017 and during the UN General Assembly sessions in New York in September 2017 and 2025.

The bilateral political dialogue evolved in 2021 into the Uzbekistan–U.S. Strategic Partnership Dialogue, whose sessions are held alternately in the two capitals. The fourth meeting, held in Washington on November 13, 2024, concluded with an agreement to elevate its status to the Expanded Strategic Partnership Dialogue.

The regular visits of senior U.S. officials and special envoys to Uzbekistan further underscore the growing intensity of the partnership.

In 2025, Uzbekistan hosted several high-level American representatives, including Paolo Zampolli, the Special Representative of the U.S. President for Global Partnerships (August 28 – September 1, 2025), and Sergio Góvar, the Special Envoy for South and Central Asian Affairs, accompanied by First Deputy Secretary of State Christopher Landau (October 25–27, 2025).

A clear demonstration of the high level of bilateral relations was the official visit of Foreign Minister Bakhtiyor Saidov to Washington on April 8–10, 2025, during which he met with U.S. Secretary of State Marco Rubio and National Security Advisor Michael Waltz. The sides discussed a wide range of regional and international issues, paying particular attention to strengthening the strategic partnership between Uzbekistan and the United States. Special emphasis was placed on cooperation in security, economic development, regional connectivity, and sustainable growth in Central Asia.

Inter-parliamentary ties are also expanding dynamically. In 2018, the Uzbekistan Caucus was established in the U.S. House of Representatives, with participation from both parties. Regular visits of congressional delegations contribute to the strengthening of parliamentary diplomacy.

Economic and investment cooperation is developing at a robust pace. The bilateral trade turnover and the number of joint projects continue to grow annually. Major American companies such as Air Products, General Electric, General Motors, Boeing, Honeywell, The Coca-Cola Company, and John Deere are successfully operating in Uzbekistan.

During the IV Tashkent International Investment Forum on June 9, 2025, the U.S.–Uzbekistan Business Forum was held with the participation of around 100 U.S. companies. Memorandums of understanding were signed and negotiations held with Boeing, FLS, Visa, NASDAQ, Air Products, Franklin Templeton, Morgan Stanley, and others.

The United States supports Uzbekistan’s accession to the World Trade Organization (WTO). In December 2024, the parties signed a protocol concluding bilateral negotiations on accession — an important milestone in Uzbekistan’s integration into the global trading system.

The cultural and humanitarian sphere constitutes a significant dimension of bilateral cooperation. Sister-city relations have been established between Tashkent–Seattle, Bukhara–Santa Fe, and Zarafshan–Clinton. These municipal partnerships foster cultural and educational exchange, tourism, and business collaboration.

Educational cooperation is also advancing: the Tashkent branch of Webster University (opened in 2019) and the American University of Technology (AUT), established in partnership with Arizona State University, play a key role. On August 30, 2025, an American Corner — a cultural and educational hub promoting academic and scientific collaboration — was inaugurated at AUT.

In October 2023, Tashkent hosted the Education USA Regional Forum with the participation of 65 U.S. universities. The activities of American Councils for International Education (ACIE) have resumed, and work is underway to restore the Peace Corps presence in Uzbekistan.

Transport connectivity has also improved: since July 2017, direct Tashkent–New York–Tashkent flights operated by the national airline have resumed, facilitating business and humanitarian exchanges.

Furthermore, the United States continues to support Uzbekistan’s domestic reforms. Reports by the U.S. Department of State and the Department of Labor highlight progress in combating human trafficking and eradicating the worst forms of child labour. Uzbek cotton has been removed from the lists of goods produced with forced child labour; in December 2020, Uzbekistan was delisted from the “Countries of Particular Concern” regarding religious freedom; and in April 2024, the U.S. Trade Representative (USTR) removed Uzbekistan from the Special 301 Watch List on intellectual property protection.

In summary, President Shavkat Mirziyoyev’s current visit to the United States and participation in the C5+1 Summit will provide a new and powerful impetus for the practical implementation of initiatives on both the multilateral and bilateral agenda. The visit will undoubtedly strengthen political dialogue, accelerate the realization of investment agreements, expand educational and cultural exchanges, and give fresh momentum to joint projects in energy, transport, and digital technologies.

For Uzbekistan, this visit represents another opportunity to reaffirm its status as an active and reliable partner in Central Asia; for the United States, it serves as a platform to deepen engagement in a region of strategic importance for global stability and economic growth.

Dunyo IA

Comprehensive monitoring of key business activity indicators across the regions of Uzbekistan shows growth across all major metrics.

According to оперативные данные from the Tax and Customs Committees, the Central Bank, and the Uzbek Republican Commodity Exchange, the Center for Economic Research and Reforms conducts ongoing monitoring of regional business activity in the Republic of Uzbekistan.

As of January this year, tax revenues demonstrated stable positive dynamics, increasing by 39.2% compared to the same period last year.

The most notable increase in revenues was recorded in the Syrdarya, Navoi, Khorezm, and Kashkadarya regions, where growth rates averaged approximately 49%.

Personal income tax revenues increased by 15.1%, property tax revenues by 19.6%, and land tax revenues by 20.3%.

Customs payments grew by 19.8% year-on-year. The highest growth rates were observed in the Navoi, Jizzakh, and Namangan regions, averaging approximately 67%.

Stable positive dynamics were also recorded in the Samarkand region and the Republic of Karakalpakstan, where revenues increased on average by 31%.

According to the analysis of foreign economic indicators, exports of goods increased by 19.5%. The most significant growth in export deliveries was observed in the Tashkent and Navoi regions, increasing on average by 47%.

At the same time, a notable expansion in lending activity was recorded. During the reporting period, the volume of loans issued by commercial banks increased by 2.7%. The highest growth was observed in the Samarkand, Bukhara, and Khorezm regions, averaging approximately 58%.

The active development of the private sector is confirmed by a significant increase in the number of newly registered business entities. In January 2026, a total of 7,116 new enterprises were registered. The largest number of new business entities was recorded in the city of Tashkent (1,712). Among the regions, the leaders were Tashkent region (735), Samarkand region (610), and Khorezm region (550).

The volume of transactions on the Uzbek Republican Commodity Exchange increased 1.8 times. Growth in exchange activity was recorded in most regions of the country, particularly in the Syrdarya region, where activity increased 11.1 times. In addition, growth was observed in the Khorezm, Surkhandarya, Bukhara, Jizzakh, and Kashkadarya regions, averaging 6.5 times.

Sultonmurod Ozodov,

Center for Economic Research and Reforms

The year 2025 marked a stage of qualitative renewal and consolidation of Uzbekistan’s foreign policy positions. Amid a complex and ambiguous international environment characterized by rising geopolitical tensions, the transformation of global institutions, and intensifying competition for resources and markets, Uzbekistan, under the leadership of President Shavkat Mirziyoyev, consistently pursued an open, pragmatic, active, and proactive foreign policy. This approach not only helped preserve the stability of external relations but also infused them with new substantive content aligned with the country’s long-term interests and domestic development priorities.

As emphasized by the President of Uzbekistan, Shavkat Mirziyoyev, in his Address to the Oliy Majlis and the people on December 26, 2025, “in recent times the country has been becoming an international platform for dialogue where global issues are discussed.”

As an integral part of the large-scale socio-economic reforms underway in the country, the diplomatic strategy of New Uzbekistan was aimed at creating favorable external conditions for economic modernization, attracting foreign investment and tourists, expanding export potential, and strengthening humanitarian and cultural ties. The foundations of this foreign policy course remained the principles of openness, equal partnership, mutual respect, non-interference in the internal affairs of states, and strict adherence to international law.

Political dialogue at the highest level with prominent world leaders has reached a new stage and become regular. New agreements have been reached with the leaders of the United States, China, Russia, France, Italy, Turkey, South Korea, Japan, Malaysia and a number of Arab states. In 2025, the number of bilateral meetings at the level of heads of state and government exceeded 55, which indicates a growth in mutual trust with foreign partners.

A similar trend was observed in the development of intensive high-level political dialogue. Throughout the year, high-level Uzbek delegations carried out 172 visits to 93 countries, covering virtually all key regions of the world. Representatives of ministries, agencies, and regional administrations also played a substantial role in shaping the international agenda. With the support of diplomatic missions, they undertook around 300 official visits to more than 50 countries, bringing foreign relations to a more practical and results-oriented level.

Acting as an active host, Uzbekistan has become one of the centers of world diplomacy. This is clearly demonstrated by the fact that the country has hosted forums, assemblies and conferences of the Inter-Parliamentary Union, the United Nations Civil Service, the UNESCO General Conference, the International Climate Conference, the Tashkent Summit of the countries of the region and a number of other major events. Our country has hosted over 120 high-level foreign delegations, as well as about 300 delegations from regional authorities of foreign states. These contacts have contributed to the development of interregional cooperation, the establishment of direct links between business circles and the expansion of the legal framework for cooperation.

Central Asia traditionally occupies a special place in Uzbekistan’s foreign policy strategy. In 2025, this priority received further institutional development. Uzbekistan chaired the Consultative Meeting of the Heads of State of Central Asia, with the chairmanship implemented for the first time on the basis of a comprehensive standalone program. Its agenda covered economic cooperation, transport connectivity, environmental issues, rational use of water resources, and humanitarian exchanges.

The organization of more than twenty major events and the holding in Tashkent of a summit of Central Asian leaders—historic in its outcomes and chaired by President Shavkat Mirziyoyev—became the culmination of regional diplomacy for the year. These developments confirmed the region’s aspiration to deepen mutual trust and pursue joint development.

Today, we can say with confidence that our vast region is becoming a unified, fully-fledged player in world politics for the first time in a long time. This is evidenced by the growing attention of the international community and the changed perception of the region on the global stage. A striking example is the development of the ‘Central Asia Plus’ formats, which in 2025 were filled with new concrete practical content. The summits with the European Union, China, Russia, the United States and Japan clearly demonstrated the region's increased role in global politics and strengthened its position as an area of stability, predictability and mutually beneficial cooperation.

An important direction of Uzbekistan’s foreign policy in 2025 was the further expansion of its geographical reach. Alongside traditional partners in the CIS, Europe, and Asia, contacts with countries in Eastern Europe, the Middle East, Africa, and South America were intensified. The first-ever bilateral high-level engagements with Slovakia, Serbia, Jordan, Paraguay, and several other states testified to the consistent expansion of Uzbekistan’s international presence. As a result, the total number of countries with which Uzbekistan maintains diplomatic relations reached 165.

Against this backdrop, several events of strategic significance had a profound impact on Uzbekistan’s foreign policy positioning in 2025. The signing of the Enhanced Partnership and Cooperation Agreement with the European Union and President Shavkat Mirziyoyev’s visit to Brussels marked a transition in relations with the EU to a qualitatively new level. The agreement established a solid legal framework for deepening political dialogue, expanding trade and economic ties, attracting investment, and developing cooperation in sustainable development, the green economy, and digitalization, while also reflecting the high assessment by European partners of Uzbekistan’s ongoing reforms.

Continuing its course toward expanding and deepening engagement with key global centers of power, Uzbekistan steadily developed relations with the United States. A landmark event in this regard was the successful outcome of the “C5+1” summit held in Washington in November, which brought together the leaders of the United States and the Central Asian states. Uzbekistan’s role in this format has been widely recognized by international experts and policymakers as that of a key initiator of regional cooperation and a responsible partner of the United States in the areas of sustainable development, security, economic interaction, and humanitarian ties.

Equally significant was the participation of the President of Uzbekistan in the session of the United Nations General Assembly. The head of state’s address from the UN’s main international platform reaffirmed the country’s commitment to multilateralism, peaceful dialogue, and the collective search for solutions to pressing global challenges.

In 2025, four resolutions initiated by Uzbekistan were adopted by the UN General Assembly, reflecting the country’s priorities in sustainable development, regional security, and humanitarian cooperation. In addition, Uzbekistan was elected to several authoritative UN bodies, underscoring the growing trust of the international community.

A historic event of the year was the holding of the 43rd session of the UNESCO General Conference in Samarkand. For the first time in forty years, this forum took place outside Paris, representing unprecedented recognition of Uzbekistan’s cultural, historical, and civilization significance. For several days, Samarkand became a global platform for dialogue on education, science, and culture, strengthening the humanitarian dimension of Uzbekistan’s foreign policy and its image as a center of intercivilizational interaction.

Alongside active political diplomacy, economic diplomacy developed dynamically in 2025, firmly establishing itself as one of the key instruments of the country’s foreign policy. Systematic work within the framework of “Ministry of Foreign Affairs — diplomatic missions — sectoral agencies — regions” yielded tangible results in attracting foreign investment and expanding external economic ties. Over the first ten months of the year, USD 34.4 billion in foreign investment was mobilized with the support of diplomatic missions.

The effectiveness of Uzbekistan’s economic policy received high praise from international financial institutions and rating agencies. In 2025, Fitch Ratings and S&P upgraded the country’s sovereign credit rating from “BB-” to “BB,” while Moody’s revised its outlook from “stable” to “positive,” reflecting growing confidence in the economy and the sustainability of ongoing reforms.

The intensification of foreign economic activity also contributed to the growth of trade indicators. Over the first eleven months of 2025, Uzbekistan’s foreign trade turnover reached USD 72.7 billion, with exports amounting to USD 30.8 billion—an increase of USD 6.6 billion compared to the same period of the previous year. A significant reduction in the trade deficit was the result of targeted efforts by diplomatic missions to diversify markets and promote domestic products abroad.

Tourism, as an element of “soft power,” played an important role in shaping Uzbekistan’s positive international image in 2025. Over eleven months, the country was visited by 10.7 million foreign tourists, with more than one million foreign visitors welcomed each month on average. Active participation in international exhibitions, large-scale promotional events abroad, and the hosting in Tashkent of the first “Central Asia–European Union” Tourism Forum helped strengthen Uzbekistan’s position as one of the most promising tourist destinations in the region.

Considerable attention was also devoted to protecting the rights and interests of Uzbek citizens abroad, an important humanitarian dimension of foreign policy. From January to September 2025, more than 385,000 consular actions were carried out, including the return of unlawfully confiscated documents and the recovery of unpaid wages, alongside the implementation of programs facilitating the return of compatriots to their homeland. In parallel, digital consular services were improved, the geography of visa-free and simplified entry for Uzbek citizens was expanded, and cooperation with diaspora communities was strengthened.

In summary, the outcomes of 2025 clearly demonstrate that Uzbekistan’s foreign policy has reached a high level of maturity, consistency, and effectiveness. The country not only strengthened its positions on the international stage but also successfully leveraged diplomatic instruments to support domestic development, enhance investment attractiveness, and improve the quality of life of its citizens. Uzbekistan concludes the year with an expanded network of partnerships, a robust legal and contractual framework, and a clear vision for the future—remaining open to the world and looking ahead with confidence and optimism.

Dunyo IA