The resilience of Finland’s development model and the dynamism of Uzbekistan’s reforms provide a solid foundation for deepening bilateral cooperation. Finland combines technological leadership, efficient governance, and a robust social policy. Its mixed model of development with strong public regulation and an active private sector is based on long-term planning, technological excellence, and social equality.
A balanced economic policy keeps inflation at 2–3%, while maintaining a high AA+ credit rating. The national research infrastructure is funded as a key element of state strategy. Total spending on research and development exceeds 3% of GDP, reaching €8.4 billion in 2023, up 6.3% from the previous year. The contributions came from the public sector, universities, and private business.
Finland’s economy remains open and export-oriented. In 2024, foreign trade reached €146.5 billion, including €72.2 billion in exports and €74.3 billion in imports. Its technological specialization, advanced digital environment, and high human capital create a predictable setting for investors.
At the same time, Uzbekistan has become a driver of reform in Central Asia over the past eight years. The country’s GDP has doubled to reach $115 billion. Since 2017, fixed capital investments have totaled $240 billion, with over $130 billion coming from foreign sources. International reserves exceed $48 billion. The structure of production has evolved: the share of industry rose from 20% to 26%, services from 44% to 47%, and labor productivity increased by 45%. Regulatory reforms expanded the space for private capital, while transport and energy infrastructure projects established a new foundation for industrialization and export growth.
As a result of these reforms, Uzbekistan’s trade with the European Union has entered a stable growth trajectory. Between 2017 and 2024, trade turnover between Uzbekistan and the EU increased 2.4 times from $2.6 billion to $6.4 billion. In 2024, exports rose by nearly 27% compared to 2023, while imports remained at a comparable level.
A New Stage of Political and Economic Relations
Particularly strong momentum has emerged in Uzbek–Finnish relations. Regular high-level contacts have given fresh impetus to the bilateral dialogue. On 12 November 2024, on the sidelines of the COP29 Summit in Baku, President of Uzbekistan Shavkat Mirziyoyev met with President of Finland Alexander Stubb. The two leaders discussed prospects for cooperation in the fields of the green economy, renewable energy, innovation, and education, and exchanged views on sustainable development and climate policy.
The political dialogue continued with a telephone conversation on 9 September 2025, during which the heads of state explored ways to expand economic and humanitarian cooperation. Furthermore, an official visit of the President of Finland to Uzbekistan is expected in late October 2025, aimed at consolidating earlier agreements and opening new areas of partnership.
This process is creating a favorable foundation for strengthening trade and economic ties, introducing Finnish technologies, and attracting investment into Uzbekistan’s priority sectors. From 2019 to 2024, bilateral trade more than tripled to reach $152 million. Uzbekistan’s exports to Finland increased almost 17 times to $4.73 million, while imports from Finland nearly tripled to $147 million. Over the past year alone, Uzbek exports to Finland grew by 56%, and imports rose 3.2 times. From January to August 2025, trade volume exceeded $68 million.
Trade flows reflect each country’s comparative advantages: Uzbekistan supplies industrial goods and services, while Finland exports machinery, transport equipment, chemicals, and food products.
Prospects for Cooperation
The emerging agenda for trade and economic cooperation draws on Finland’s experience in engineering, clean technologies, digital healthcare, education, and R&D management – areas closely aligned with Uzbekistan’s goals for technological renewal, energy efficiency, and human capital development. At the same time, Uzbekistan’s favorable business climate and major infrastructure projects are reducing operational costs for foreign companies.
Given Uzbekistan’s development priorities and conducive investment conditions, there is significant potential to further deepen Uzbek–Finnish cooperation across several areas. According to the Center for Economic Research and Reforms, Uzbekistan’s exports to Finland could expand even in the short term, particularly in sectors where Uzbek producers have existing capacity and advantage – textiles and garments, fruits and nuts, footwear, leather goods, stone and cement products, as well as copper and semi-finished copper products.
Logistics could be organized through the ports of Helsinki and HaminaKotka, with Turku as a potential reserve. Distribution channels could be developed via major retail networks and distributors, including Kesko and S Group. Key success factors include certification under EU standards, stable supply chains, and regular contracts.
Industrial cooperation should move toward deeper processing with full production cycles, for example, in knitwear, wool, and leather, from spinning and dyeing to finished apparel. Potential partners include Finnish companies such as Lapuan Kankurit and Pirtin Kehräämö, as well as the Aalto University School of Arts, Design and Architecture. In agriculture, joint breeding programs using Finnish sheep lines and supported by LUKE (Natural Resources Institute Finland) could strengthen the raw-material base of Uzbekistan’s textile clusters.
In the digital and green transformation sphere, collaboration could extend to telecom infrastructure and critical systems management with companies such as Nokia. In energy, there is potential for cooperation in localizing components for solar installations and storage systems, developing smart grids, and improving generation efficiency in hot climates, with participation from Finnish firms Valoe, Fortum Solar, and Wärtsilä.
For research and materials science, engaging institutions such as VTT and LUT University would help build a sustainable technological and human-resource base in Uzbekistan, while opening new regional export niches.
In mechanical engineering, cooperation could develop with Metso and Valmet on equipment components, servicing, and partial localization. In logistics and cargo handling solutions, Finnish companies Konecranes and Cargotec offer relevant expertise. In climate monitoring and water-chemical solutions, potential partners include Vaisala and Kemira.
A cross-cutting priority remains human capital. Joint programs with the University of Helsinki, Tampere University, and University of Oulu are needed to establish industrial internships and introduce Finnish methods for training engineers, technologists, and quality specialists for high-tech industries.
At the institutional level, further progress will require harmonizing border procedures, launching green corridors, implementing digital customs systems, and ensuring mutual recognition of certificates. It will also be important to develop industrial and agro-processing clusters, logistics hubs, and training programs for workforce development.
In the near future, Uzbek–Finnish cooperation may reach a stable, long-term trajectory. For Finland, Uzbekistan represents a reliable supplier of manufactured goods and components, and a new market for technology and equipment. For Uzbekistan, deeper cooperation provides access to advanced solutions and Northern European distribution channels.
In conclusion, the combination of Finland’s effective governance model, innovation, and environmental responsibility with Uzbekistan’s large-scale reforms creates a strong foundation for joint practical projects in manufacturing, energy, telecommunications, and education. Such a partnership can not only enhance the technological level of Uzbekistan’s economy but also give new quality to Uzbek–Finnish relations – anchored in long-term, sustainable, and mutually beneficial development.

Afzal Artikov,
Chief researcher,
Center for Economic Research and
Reforms under the Administration
of the President of the Republic of Uzbekistan

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 second day of the visit of the Head of our state to Navoi region began with a joyful event. A ceremony dedicated to new projects was held with the participation of representatives of the public.

In recent years, entrepreneurship in Navoi region has been actively developing, and the interest of investors in the region continues to grow. In 2023 alone, the region produced more than 101 trillion soums worth of industrial products and exported $648 million. Foreign investments worth about $478 million were also absorbed, and the foreign trade turnover of the region amounted to about $1.3 billion. More than 300 foreign enterprises operate in the region, and their number will continue to increase.

Fifteen new projects were announced at the ceremony.

In particular, the projects on extraction and processing of oil shale in Kanimekh district, construction of a 300 megawatt solar photovoltaic station and a 75 megawatt electricity storage system in Karmana district, production of technical gases in Navoi city, processing of marble in Gazgan and granite in Zarafshan, extraction and enrichment of kaolin in Uchkuduk district, and production of fish feed in Khatyrchi district were launched. 

Enterprises were launched to produce potassium sulfate and sulfuric acid in Karmana district, cotton pulp in Navoi city, and granite processing in Nurata district.

The total cost of the 15 projects is $3.6 billion. More than 7 thousand jobs will be created.

President Shavkat Mirziyoyev pressed a symbolic button and gave start to the construction and operation of the new projects.

The traditional annual Address of the President of Uzbekistan Shavkat Mirziyoyev delivered on the eve of the New Year, became an important programmatic statement summarizing the results of the outgoing year and outlining the country’s strategic development priorities for the period ahead.

As the Head of State emphasized, the past year marked a period of steady progress in reforms and the strengthening of Uzbekistan’s socio-economic position, despite ongoing instability in the global economy and a complex international environment. In this context, the announcement of the coming year as the “Year of Mahalla Development and Society as a Whole” gained particular significance, signaling a transition toward a deeper focus of state policy on people’s quality of life and the development of civil society.

In his Address, the President noted that the national economy continued to demonstrate confident growth. The year 2025 concluded with landmark achievements: for the first time, the country’s GDP exceeded 145 billion US dollars, exports increased by 23 percent to 33.4 billion dollars, and foreign exchange and gold reserves surpassed 60 billion dollars. Investment inflows totaling 43.1 billion dollars enabled the implementation of dozens of major projects in industry, energy, and infrastructure. International rating agencies upgraded Uzbekistan’s sovereign credit rating from BB- to BB, opening more favorable conditions for external financing.

It was particularly emphasized that these macroeconomic results were accompanied by positive changes in the social sphere. Owing to active employment policies, the unemployment rate declined from 5.5 percent to 4.9 percent, and around five million people gained sustainable sources of income. Significant attention was devoted to supporting low-income families, developing targeted social assistance mechanisms, and improving access to basic services. The poverty rate decreased from 8.9 percent to 5.8 percent within a year, lifting approximately 1.5 million citizens out of poverty.

These outcomes were the result of consistent reforms aimed at enhancing economic resilience and creating a solid foundation for social development. Economic achievements expanded the state’s capacity to address social challenges and implement long-term support programs for the population. The President noted that social policy has become more responsive to the concrete needs of citizens, which represents a fundamental achievement of the current reform agenda.

Special attention in the Address was devoted to Uzbekistan’s foreign policy course, which was characterized as pragmatic, open, and oriented toward long-term national interests. The President emphasized that an active and balanced foreign policy remains a key factor in ensuring sustainable development, expanding economic opportunities, and strengthening Uzbekistan’s international standing. It was noted that in recent years the country has significantly expanded the geographical scope of its foreign economic relations, reinforced partnerships both with neighboring states and leading global centers, and consistently continued to promote regional cooperation initiatives. This course reflects Uzbekistan’s aspiration to assume a more visible and responsible role in international affairs, guided by the principles of mutual benefit and respect.

The Address also addressed the reform of the public procurement system as one of the key elements in enhancing transparency and efficiency in public administration. The President stressed that improving public procurement mechanisms is aimed at creating equal conditions for businesses, fostering competition, and ensuring the efficient use of budgetary resources. These measures are viewed as an important part of Uzbekistan’s preparation for accession to the World Trade Organization. In this context, reforms in the field of public procurement acquire not only domestic but also external economic significance, as they contribute to aligning national procedures with international standards and rules. Thus, the outlined steps reflect a systemic approach to Uzbekistan’s integration into the global trade and economic system.

A separate section of the Address focused on anti-corruption efforts, which were identified as one of the key priorities for further development. The President underscored that the fight against corruption is regarded not as a one-time campaign, but as a long-term state policy aimed at establishing an honest, transparent, and accountable system of governance.

“Allowing corruption is a betrayal of our reforms. We declare 2026 a year of ‘extraordinary measures’ to combat this scourge,” the President stated.

It was noted that the measures already being implemented—such as the digitalization of public services, increased transparency in decision-making, and strengthened public oversight—are producing tangible results, though they require further deepening. The emphasis on the anti-corruption agenda demonstrates a commitment to strengthening trust among citizens and international partners in state institutions.

Considerable attention in the Address was also given to environmental issues and sustainable development. The President noted that the environmental agenda is becoming an integral part of state policy and is directly linked to the quality of life of the population and the country’s long-term security. The importance of rational use of natural resources, the expansion of green technologies, and the implementation of programs to improve environmental conditions—especially in the most vulnerable regions—was underscored. Plans were announced to hold the next Assembly of the Global Environment Facility and the Central Asian International Environmental Exhibition in Samarkand in 2026. These events will create valuable opportunities to identify partners for industries, regions, and businesses, and to jointly launch new environmental projects. It was emphasized that environmental initiatives are viewed not only as a social necessity, but also as a key element of economic modernization and enhanced resilience.

Taken together, these priorities demonstrate the comprehensive nature of the ongoing reforms. They indicate that the course toward socially oriented development is inseparably linked with institutional transformation and international integration. This approach reflects Uzbekistan’s determination to build a balanced development model in which economic growth, social sustainability, and responsible governance mutually reinforce one another.

Summarizing the results of the concluding year, the Head of State stressed that all these achievements became possible due to a well-structured reform system and the active participation of society. At the same time, he underlined that further development requires not only economic resources but also a stronger social environment, trust, and solidarity. It was within this logic that the proposal was made to declare the coming year the Year of Support for the Mahalla, as the institution closest to people and their everyday concerns.

In the Address, the mahalla was characterized as a unique form of social organization that has absorbed centuries-old traditions of mutual assistance, responsibility, and respect. The President emphasized that the stability of the state begins with the stability of the mahalla, with an atmosphere of harmony and engagement at the local level. “If there is order and trust in the mahalla, there will be stability in society as a whole,” this idea became one of the key messages of the Address, logically linking past achievements with future objectives.

Support for the mahalla in the coming year is viewed as a systemic measure aimed at further strengthening social policy. The President pointed out that it is precisely at the mahalla level where family issues, employment challenges, education, social protection, and the prevention of social vulnerability can be identified most effectively. In this sense, the development of mahalla structures becomes a tool for increasing the targeting of state assistance and enhancing social justice. The economic achievements discussed earlier thus find their continuation in the social domain.

A significant part of the Address was devoted to citizen participation and the development of civil society. The President stressed that a modern state is impossible without active and responsible citizens involved in decision-making and oversight of implementation. In this context, the mahalla is seen as a space for fostering civic initiative and dialogue between authorities and the population.

“We must create conditions under which every person feels involved in the destiny of the country,” the Head of State noted, outlining a strategic commitment to expanding public participation.

Special emphasis was placed on the role of the mahalla in youth education and the strengthening of social values. The President noted that alongside economic indicators, the formation of a moral, educated, and socially responsible individual remains no less important. Support for projects in education, culture, and sports implemented at the mahalla level is regarded as an investment in the country’s future. “The future of Uzbekistan depends on the environment we create for our children today,” this quotation from the Address clearly reflects the long-term orientation of state policy.

Thus, the declaration of 2026 as the “Year of Mahalla Development and Society as a Whole” demonstrates the state’s intention to move from macro-level achievements toward deeper engagement with quality of life, human capital, and social institutions. It signifies a concentration of efforts on strengthening local communities, developing social infrastructure, and fostering an active and cohesive society.

The President’s Address sets a clear development vector for the year ahead: reliance on achieved economic successes, reinforcement of social policy, and the advancement of civil society through support for the mahalla. This approach reflects a strategic understanding that the sustainability of reforms and the country’s long-term prosperity are impossible without strong communities, trust, and citizen participation. In this context, support for the mahalla emerges not only as a social priority, but also as a foundation for Uzbekistan’s long-term development.

Digital cooperation between Uzbekistan and South Korea already runs through telecommunications manufacturing, e-government data centers, healthcare digitization, artificial intelligence, and education — infrastructure the Central Asia–Korea Summit puts a spotlight on, not one it creates

For Uzbekistan, digital transformation is not a single initiative but a declared national priority, and South Korea has become one of its most consistent partners in pursuing it. As Uzbekistan diversifies its economy and builds out its technology sector, cooperation with Korea reaches into nearly every layer of that effort — telecommunications infrastructure, government data systems, hospital diagnostics, and university classrooms among them.

That relationship is especially dense in information technology, a sector both governments have identified as central to the partnership. Korean companies build infrastructure and open offices inside Uzbekistan; Korean universities train Uzbek engineers; Uzbek IT firms increasingly sell services into the Korean market. High-level meetings between the two countries, including the Central Asia–Korea Summit, mark and reinforce this cooperation rather than create it the projects behind it were already underway.

Korean partners have already manufactured the fiber-optic cable running through part of Uzbekistan's telecommunications backbone, supplied the servers and storage behind its national e-government data center, and begun designing a joint digital government cooperation center for Tashkent. IT Park Uzbekistan opened a representative office in Seoul on October 30, 2024, under a newly formed Uzbek-Korean IT Business Alliance developed with the Korea Institute for International Industrial Cooperation — one visible marker of a relationship that is already several projects deep.

Institutional foundations

Uzbekistan's digital transformation has been driven by a series of structural reforms over the past several years: a dedicated ministry overseeing digital technologies, IT Park Uzbekistan as the country's flagship technology hub with resident-company incentives, and a national strategy for artificial intelligence from 14.10.2024 № RP-358. A national "Digital Government" program, adopted under Presidential Resolution PR-257 from 08.07.2026, set the framework for much of the e-government modernization described below. Two annual state awards — the President Tech Award and the President AI Award — recognize achievement in the sector.

Digital infrastructure and e-government

Uzbekistan's Unified Interactive State Services portal is the backbone of its e-government system and is currently being modernized with artificial intelligence tools, natural-language-processing chatbots, geospatial data integration, and proactive services that deliver documents and notifications to citizens automatically. The infrastructure behind this system was built with direct Korean participation: a project to expand the storage and processing infrastructure for the e-government system was financed with support from Korea's Economic Development Cooperation Fund (EDCF), combining concessional financing with tax and customs incentives from the Uzbek side. Following a tender, a major Korean IT company was selected as general contractor and delivered the data-center network infrastructure, servers, and storage systems, along with software for virtualization, cloud services, monitoring, and information-security incident management. A separate data-center project is planned for the Republic of Karakalpakstan.

IT industry and services export

IT Park Uzbekistan is the country's central vehicle for attracting foreign technology companies, offering resident status with tax and customs benefits. By the first half of 2026, 23 companies with Korean capital were registered as residents — up 53 percent from 15 in the first half of 2024, employing 126 specialists in software engineering, technical support, IT consulting, data processing, and business process outsourcing. Among them are LG CNS Uzbekistan, the ITOMAX Central Asia Development Center, and NOMADIAN. Over the same two-year period, the number of resident companies exporting IT services to South Korea doubled, from 12 to 25, and employment among those exporters rose from 145 to 285 specialists, a 97 percent increase. Sector-wide digital services exports reached $2,606,287 in 2025 and $716,970 in the first half of 2026 alone.

Manufacturing capacity has followed the software growth. Global Optical Communication Uzbekistan, a joint venture with South Korean sector partners, produces fiber-optic cable domestically, having manufactured 232,100 kilometers of cable worth 657.5 billion soums between 2022 and 2025, alongside localization of production and new job creation.

Where the cooperation runs deepest

The breadth of Uzbek-Korean digital cooperation is easiest to see sector by sector.

Government-to-government. Cooperation rests on agreements signed between the two countries' digital technology, internal affairs, security, science, and ICT authorities, alongside joint work within international telecommunication and postal bodies. The clearest expression of this is the planned Digital Government Cooperation Center, to open in Tashkent between 2026 and 2028 with Korea's Ministry of Interior and Safety (MOIS), which already cooperates with Uzbekistan on digital government development. Its mandate covers policy consulting, joint research, civil-servant training, and adapting Korean administrative-technology practice for Uzbek systems — including the modernization of the national services portal described above, an international digital-government forum, and a program to train digital-transformation leads inside individual government bodies. Civil-servant training is already running: Korea's LOGODI institute has been upskilling ten Uzbek officials a year, thirty in total so far.

Healthcare. With technical support from Korea's KOFIH (Korea Foundation for International Healthcare), Uzbekistan is digitizing its national screening system with UZINFOCOM, aiming at earlier disease detection and better monitoring. A separate project, backed by a Korean financial institution, is building a hospital information system integrating medical imaging, AI diagnostics, and electronic medical records, alongside staff training. A state technology integrator has signed a cooperation agreement with a Korean private technology company to bring Uzbek-developed digital solutions into the Korean and Southeast Asian markets — early discussions cover HR-management systems and biometric identification for government buildings.

Artificial intelligence. The two countries frame AI cooperation around complementary strengths: Korea brings a developed regulatory framework, a national data platform, prepared datasets, AI safety mechanisms, high-performance computing, and industrial AI experience; Uzbekistan brings an adopted national AI strategy, an emerging open-data system, and an institutional base for applying AI in public administration and the economy. The stated ambition is for Uzbekistan to pilot AI solutions in healthcare, education, and public services, then extend proven models across Central Asia — positioning Korean partners at the front of a regional rollout, not a single national market.

Education. The Tashkent branch of Inha University, operating since 2014, runs a 4+0 bachelor's program in computer engineering, a 3+1 program in business logistics, and a 1+1 MBA in digital transformation, with Korean-language instruction and robotics workshops; close to 670 students have studied in South Korea through its exchange programs, and ten top students go to Inha's home campus each year on Summer School grants. Tashkent University of Information Technologies hosted more than 80 Korean professors between 2018 and 2023, sent 63 students on exchange to South Korean universities, and is building a joint Business-IT program with a Korean partner university, alongside joint tracks in big data and AI, AI-driven fintech, and ICT engineering. Cyber University has moved quickly on Korean ties: KAIST faculty visited in October 2025, a December 2025 delegation to Konkuk University's GLOCAL campus produced an agreement on faculty exchange and joint research, and a separate industry partnership with a South Korean AI company covers applied research and student projects. Cheju-Halla University runs a joint program for a selected group of high-performing Uzbek students.

Government funding underpins much of this training pipeline. KOICA (the Korea International Cooperation Agency) is running a $14 million project to build out Uzbekistan's IT-education ecosystem, and in 2025 alone funded professional training for 45 civil servants at a cost of $450,000. Korea IT Academy co-runs the Uzbekistan Summer Camp together with Uzbekistan's Ministry of Digital Technologies, the Center for Digital Education Development, and School 21, alongside a dual-degree program with Uzbek partners. In total, Korean grants and investment for joint projects reached roughly $17 million in 2026 — about $14 million from KOICA and roughly $1 million each from Cheju-Halla University, Korea IT Academy, and MOIS — funding IT education, digital-government cooperation, workforce training, and youth innovation projects. Much of that training tracks Korean labor-market demand directly: software developers, AI engineers, data scientists, cybersecurity specialists, cloud and DevOps engineers, mobile and web developers, and GovTech specialists are among the roles Korean employers are seeking from this pipeline.

Alongside these institutional partnerships, the Ministry of Digital Technologies has expanded initiatives to bring more youth into STEM and IT careers.

Korean partners are not being asked to imagine a market. They are already inside Uzbekistan's infrastructure, hospitals, classrooms, and government data systems, with contracts and counterparts in place.

“Our cooperation with South Korea today reaches into nearly every layer of our digital economy — from the fiber-optic plant producing cable for our own telecommunications networks, to the data center that now stores the records of our national digital-government system, to the hospitals adopting Korean-backed diagnostic tools, and the classrooms where Korean professors and Korean grants train our students. Korean partners committed roughly $17 million to joint projects in the past year alone, spanning IT education, digital government, artificial intelligence, and workforce training. This is one of our most substantive technology partnerships, and we intend to deepen it further — through a joint digital government center, expanded AI cooperation, and a wider door for Korean companies into our market and the region beyond it.”

— Sherzod Shermatov, Minister of Digital Technologies of the Republic of Uzbekistan.

International positioning

Uzbekistan has been positioning itself as a regional hub for digital cooperation in Central Asia, a role reinforced by its hosting the International Olympiad in Informatics (IOI) in 2026. For Korean partners, this matters beyond Uzbekistan's own market: solutions piloted domestically are explicitly intended to extend across neighboring Central Asian countries once proven.

Over the next three to five years, the areas most likely to define Uzbek-Korean digital cooperation are the ones already carrying the heaviest institutional weight: the joint digital government center, continued data-center and healthcare-infrastructure financing, AI pilots in public administration and healthcare, and the education and grant pipelines feeding all of it. None of this depends on the outcome of any single meeting — it depends on scaling relationships that already have contracts, campuses, and funding behind them. For Korean partners, that is the signal worth reading: a market already under construction, not one still being pitched.

At a glance

• Korean-capital IT Park Uzbekistan residents grew from 15 (H1 2024) to 23 (H1 2026), +53 percent; resident companies exporting IT services to South Korea doubled, from 12 to 25, over the same period.
• Korean grants and investment for joint digital projects reached roughly $17 million in 2026, led by a $14 million KOICA project to build out Uzbekistan's IT-education ecosystem.
• A Korean IT company built Uzbekistan's e-government data center under EDCF financing; a joint Uzbek-Korean Digital Government Cooperation Center, developed with Korea's MOIS, is planned for Tashkent for 2026–2028.
• Global Optical Communication Uzbekistan, a joint venture with South Korean partners, produced 232,100 km of fiber-optic cable worth 657.5 billion soums between 2022 and 2025.
• Korean partners are engaged across healthcare digitization (KOFIH, hospital information systems), AI cooperation, and education (Inha University's Tashkent branch, TATU, Cyber University, Cheju-Halla University, Korea IT Academy).

TASHKENT, September 24. /Dunyo IA/. The Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov held negotiations in New York City with the Minister of Foreign Affairs of Latvia Baiba Braže, reports Dunyo IA correspondent.
"Had a productive meeting with H.E. Baiba Braže, Foreign Minister of Latvia, – the head of the Ministry of Foreign Affairs of Uzbekistan wrote in his telegram channel. – We highly value the opening of the office of the Investment and Development Agency of Latvia in Tashkent. Transport connectivity and logistics, IT and digital technologies, trade and investments were on the focus of our meeting".

Relations with the Organization of Turkic States (OTS) have reached a qualitatively new stage of development by 2026. While Uzbekistan’s accession to the organization in 2019 was largely of a political and symbolic nature, today this cooperation has evolved into a comprehensive system enriched with tangible elements of economic, transport-logistical, and technological integration. In this context, the OTS is no longer merely a platform based on shared language and cultural ties, but rather functions as a significant geo-economic center influencing regional development.

The summits held between 2024 and 2026, along with the documents adopted within their framework, have significantly accelerated the institutional consolidation of the organization. In particular, initiatives such as the “Charter of the Turkic World”, as well as decisions related to digital cooperation and green development, have defined the long-term strategic priorities of the OTS. By 2026, the practical outcomes of these initiatives have begun to materialize: the volume of mutual trade has increased, the number of joint investment projects has expanded, and transport connectivity among member states has been substantially strengthened. All these developments indicate the steady strengthening of the organization both institutionally and in practical terms.

A comparative analysis of development dynamics over the past seven years reveals several key trends. First, there has been a clear institutionalization of political dialogue, with meetings at the level of heads of state becoming systematic and mechanisms for implementing decisions being established. Second, the scope of economic cooperation has significantly expanded: whereas trade relations were previously limited, there is now active development of industrial cooperation, the establishment of investment funds, and the formation of joint production clusters. At the same time, cooperation in transport and logistics has intensified considerably, transforming the OTS into one of the key transit hubs of Eurasia. Particular importance by 2026 has been attached to the so-called “Middle Corridor” (the Trans-Caspian International Transport Route). Against the backdrop of global geopolitical shifts and disruptions in traditional supply chains, this corridor is increasingly viewed as a reliable and alternative route connecting Europe and Asia. Uzbekistan is actively participating in these processes by modernizing its railway and road infrastructure and developing logistics centers. As a result, the country is strengthening its position not only as a transit state but also as one of the key transport hubs in the region.

Economic cooperation within the OTS continues to demonstrate stable positive dynamics. By 2026, the volume of intra-organizational trade has grown significantly, driven by trade facilitation measures, harmonization of customs procedures, and the implementation of digital platforms. At the same time, new projects in industrial cooperation are being carried out, particularly in sectors such as textiles, automotive manufacturing, and agricultural processing.

In the energy sector, cooperation is acquiring new dimensions. While the primary focus was previously on traditional energy sources, priority is now increasingly given to green energy. Projects in solar and wind power, energy efficiency programs, and initiatives aimed at ensuring environmental sustainability are being actively promoted within the OTS framework. This contributes to strengthening the organization’s role in the global climate agenda.

Digital transformation has emerged as one of the most rapidly developing areas of cooperation. By 2026, collaboration in e-government systems, digital services, and IT startups has deepened significantly. These processes not only enhance economic efficiency but also contribute to the modernization of public administration.

Cultural and humanitarian cooperation continues to play a crucial role, serving as the foundation of the OTS’s “soft power.” Educational exchange programs, the establishment of joint universities, tourism development, and cultural initiatives contribute to strengthening mutual understanding among member states. This, in turn, creates a solid social foundation for further deepening economic and political cooperation.

From the perspective of future development, the further evolution of the OTS is associated with several strategic directions. In particular, the likelihood of forming elements of a common economic space is increasing. Further deepening of transport and logistics integration is expected, enabling the OTS to become an integral part of global trade chains. Significant potential is also linked to the development of the digital economy and innovation. At the same time, geopolitical factors will continue to play an important role, contributing to the transformation of the OTS into one of the key centers of power in Eurasia.

In conclusion, by 2026 the Organization of Turkic States has emerged as a dynamically developing integration structure steadily expanding its sphere of influence. Uzbekistan’s active and proactive participation in these processes plays an important role in ensuring its foreign policy and economic interests. The observed positive trends suggest that, in the future, the OTS is likely to secure a significant and stable position not only at the regional but also at the global level.

Relocating an operational office to a new jurisdiction is invariably a complex undertaking, involving unfamiliar regulatory environments and concerns regarding continuity of team management and internal processes. Uzbekistan addresses the majority of these challenges — and this article examines the factors underpinning that proposition and the reasons why more than 1,000 technology companies have chosen the country as their base of operations.

Why Companies Choose Uzbekistan

For businesses originating from CIS countries, Uzbekistan offers a familiar business culture, an established professional rhythm, and a legislative framework that is relatively straightforward to navigate. Teams integrate into operational workflows more rapidly, and founders are not forced to spend the initial months resolving administrative or logistical matters.

A further advantage is the elimination of lengthy preparation periods for basic operational setup. IT Park provides not only company registration assistance but also fully equipped, ready-to-use office infrastructure - including furniture, equipment, and communications.

All core administrative processes are handled through a single interface — the One Stop Shop — covering company registration, tax administration, bank account opening, and documentation requirements, without the need to navigate multiple institutions. A dedicated team with experience guiding hundreds of companies through this process is on hand to anticipate and resolve common complications.
For teams relocating with their families, the Softlanding Program offers assistance with housing, documentation, and post-relocation adaptation, enabling employees to settle in efficiently and transition smoothly into professional responsibilities.

Zero Risk Program: Launching Without a Cash Flow Gap

The Zero Risk Program is designed to accelerate the initial operational phase of relocation. Participating companies receive a fully furnished and equipped office, enabling near-immediate commencement of operations. The program additionally covers a portion of recruitment and staff training costs and reimburses up to 15% of payroll expenses, allowing businesses to assemble their teams and reach full operational capacity without undue financial pressure.

Tax Conditions for IT Park Residents

IT Park residents benefit from some of the most advantageous tax conditions available to technology businesses in the region: a 0% rate on corporate income tax, VAT, and social tax. Personal income tax for employees stands at 7.5% - considerably lower than prevailing rates across much of Europe.

These conditions allow companies to direct a greater proportion of resources toward team development and business growth rather than absorbing a high tax burden.

The cost of living and operational expenditure in Uzbekistan further reinforces this advantage, enabling businesses to reduce recruitment and retention costs, as well as day-to-day operating expenses, while maintaining working and living conditions conducive to international business.

IT Visa and Conditions for Teams

A three-year IT Visa is available to founders, investors, and technology specialists, allowing holders to reside and work in Uzbekistan without a separate work permit. The visa extends to family members and grants access to healthcare and education services on equivalent terms to Uzbek citizens, as well as the right to purchase real estate without value restrictions.

Uzbekistan as a Base for International Expansion

For a growing number of companies, relocation to Uzbekistan extends beyond operational transfer. The country is increasingly regarded as a strategic platform for international development. The IT and BPO sectors are expanding rapidly, with regional offices and delivery centers being established to serve clients across Europe, the CIS, Asia, and the United States. Uzbekistan's geographical position between European and Asian markets facilitates access to multiple markets simultaneously.

The 21st century is increasingly being referred to as the era of cities. Today, urbanization extends far beyond the domestic policies of states. The quality of the urban environment directly influences countries’ investment attractiveness, economic resilience, and ability to adapt to climate challenges. Cities are increasingly becoming platforms for international cooperation, technology exchange, and the promotion of new models of sustainable development. In this era, cities are turning into a new diplomacy, a new economy, and a new form of global influence.

It is under these conditions that the 13th Session of the World Urban Forum is taking place in Baku under the theme “Housing for All: Safe and Resilient Cities and Communities.” This representative summit is dedicated to finding solutions to the global housing crisis, which today affects nearly 3 billion people.

It is symbolic that the global discussion on the future of cities is being held in one of the most dynamically transforming cities of Eurasia. Hosting the forum in Azerbaijan reflects the growing importance of the Caspian–Central Asian region as a new center of infrastructural, logistical, and urban development.

Over recent years, this vast region has gradually transformed not only into a major transport hub connecting East and West, but also into a space of large-scale urban transformation.

Baku itself has in recent years become a notable example of modernization in urban infrastructure, transportation systems, and public spaces. Additional significance is attached to Azerbaijan’s policy of restoring and modernizing liberated territories, where particular attention is paid to the concepts of “smart” and “green” cities.

Most cities and countries across Eurasia are changing rapidly. Central Asia is experiencing one of the most significant spatial transformations of recent decades. Population growth, the expansion of urban agglomerations, and increasing pressure on infrastructure require fundamentally new approaches to urban development.

All these processes are unfolding amid intensifying climate challenges. The consequences of the Aral Sea desiccation, water scarcity, and rising temperatures make urban resilience not only an environmental issue, but also a matter of the region’s long-term security.

According to the International Energy Agency, modern buildings consume around 30% of global energy and account for approximately 26% of global emissions. As a result, by the middle of the century more than 1.6 billion urban residents may face water shortages and climate-related risks. Close international cooperation in the sphere of sustainable urban development is becoming an inevitable paradigm.

It is therefore no coincidence that the urban agenda plays a prominent role in Uzbekistan’s development. In recent years, the development of urban environments, infrastructure, and housing construction has become one of the key priorities of the New Uzbekistan strategy. In the country, the construction process is viewed as the foundation for long-term economic growth, sustainability, and quality of life.

The participation of the President of Uzbekistan in the World Urban Forum reflects the country’s aspiration to integrate more actively into global urban policy. Of particular importance is the republic’s participation in the international exhibition Urban Expo, where the “New Tashkent” project, the “Yangi O‘zbekiston” residential complexes, and large-scale reforms in urban planning and housing policy are being presented.

Urbanization has become one of the key pillars of the New Uzbekistan strategy. According to forecasts, the country’s population may increase from 38 million to 50 million people over the next 15 years. Under these conditions, the development of cities, housing, and infrastructure becomes a matter of the state’s strategic future.

In recent years, Uzbekistan has been implementing the largest infrastructure and housing modernization program in the region. According to the Address of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to the Oliy Majlis and the people of Uzbekistan, over the past nine years the country has constructed 210 million square meters of residential and non-residential facilities. In 2025 alone, multi-apartment residential buildings with a total area of 8.1 million square meters were commissioned, amounting to approximately 135,000 apartments.

Particular attention is being paid to the development of regions and small cities. Uzbekistan is pursuing a more balanced model of urbanization that предусматривает the development not only of the capital, but also of regional centers. An important element of the new urban policy is the environmental agenda. The country is introducing principles of “green” construction, expanding urban greening initiatives, and implementing the nationwide “Clean Air” project aimed at improving air quality.

The main symbol of the new era of urbanization is becoming the “New Tashkent” project — a modern next-generation megapolis with sustainable infrastructure, green areas, digital services, and a modern transport system. At the first stage, the project envisions infrastructure for 600,000 residents, while after full completion the population of New Tashkent may reach 2 million people.

“New Tashkent” demonstrates the country’s development priorities and redefines the very philosophy of the urban environment in Central Asia. The reforms initiated by the Leader of Uzbekistan have already transformed the country’s cities into a factor enhancing the nation’s international competitiveness.

At the forum, the President of the Republic of Uzbekistan Shavkat Mirziyoyev presented his own comprehensive vision of what the cities of the future should become under conditions of rapid urbanization, climate challenges, and technological change. Traditionally, the Head of State addressed not only the national agenda, but also pressing issues concerning the global future of the modern urban environment.

One of the key initiatives is the idea of “balanced urbanization,” which implies the harmonious development not only of megacities, but also of small and medium-sized cities. At a time when the world’s largest cities are facing infrastructure overload, housing shortages, and deteriorating environmental conditions, this approach is becoming increasingly relevant.

In essence, this concerns the formation of a fairer and more sustainable model of urban development, where opportunities for comfortable living are created not only in capitals, but also in the regions.

Special attention has also been paid to the digital transformation of the urban environment. In particular, the initiative to establish a network of “smart and safe cities” for the exchange of technologies, advanced solutions, and experience in the fields of artificial intelligence, digital governance, and urban security appears highly relevant.

Against the backdrop of rapid technological advancement, such an initiative appears especially timely and reflects the country’s aspiration to participate more actively in shaping the new global technological agenda.

A separate topic of discussion was the climate resilience of cities. In the context of the intensifying climate crisis, there is a growing demand for promoting the principles of “green” urbanization and expanding environmental standards.

All these proposals are particularly relevant for Central Asia, where issues of water, ecology, and urban sustainability are already becoming matters of the region’s long-term security.

Importantly, today Uzbekistan is not limiting itself merely to discussing global challenges, but is striving to offer its own solutions. The large-scale reforms being implemented in the country, the construction of “New Tashkent,” and the promotion of modern approaches to urban development are gradually shaping a new image of Uzbekistan — a state ready not only to adapt to global changes, but also to participate in shaping the cities of the future.

This is precisely why it is becoming increasingly evident that, in the future, Uzbekistan is ready to become one of the international platforms for seeking constructive solutions on issues of global urbanization, sustainable development, and the formation of a new urban architecture for the 21st century.

In conclusion, it should be noted that the modern world is increasingly entering an era of global competition among cities, infrastructures, and quality of life. It is cities that in the coming decades will determine economic resilience, investment attractiveness, and the technological level of states. Against this backdrop, Central Asia is gradually turning into one of the new spaces of large-scale urban transformation in Eurasia.

By implementing the strategy of New Uzbekistan, our country is already shaping its own model of a modern, sustainable, and people-oriented city of the future. Large-scale reforms, infrastructure development, the promotion of the “green” agenda, and the “New Tashkent” project demonstrate the aspiration not only to adapt to global changes, but also to become one of the centers shaping the new urban architecture of the region.

Author: Guli Nizamova, Leading Research Fellow at the Center for Foreign Policy Studies and International Initiatives

A Calligraphy School has been established at the Center of Islamic Civilization in Uzbekistan, reports Dunyo IA correspondent.

This significant scientific and educational project was announced during a seminar titled “The Calligraphy Heritage of the Timurid Era – Continuity of Traditions” dedicated to the 690th anniversary of the great commander Amir Temur's birth.

The seminar served as an important platform for a broad discussion on the spiritual and cultural significance of calligraphy, bringing together leading experts in the fields of Islamic art, history, and philology.

-  The initiative to establish the Calligraphy School at the Center of Islamic Civilization was proposed by our Honorable President on January 29, 2025. A year later, this initiative has been endorsed by all international organizations and the project was officially launched within the framework of the conference dedicated to the Timurid civilization. The establishment of the Calligraphy School is a logical continuation of the large-scale reforms aimed at preserving and promoting cultural heritage in our country, - said Firdavs Abdukhalikov, Director of the Center of Islamic Civilization, in his address to the event participants.

As noted, during the Timurid era, the art of calligraphy reached its zenith and became a symbol of cultural advancement. According to data presented by scholars, after establishing a centralized state, Amir Temur gathered the most skilled calligraphers from various regions to the capital. Styles such as Thuluth, Nasta‘liq and Kufic reached their peak, and famous manuscript copies, such as the renowned “Baysunghur Quran,” were inscribed.

International experts highly commended this initiative. In particular, Mahmud Erol Kılıç, Director General of IRCICA, shared his insights on the role of Islamic calligraphy in world culture and its high aesthetic and spiritual value. Coşkun Yılmaz, Chairman of the Turkish Institution of Manuscripts, provided information on the unique manuscripts preserved in the Süleymaniye Library, emphasizing that a significant portion of them is linked to the history of Central Asia. Sali Shahsivari, Director of the Al-Furqan Islamic Heritage Foundation in the UK, evaluated the Timurid period as an era of genuine educational and cultural awakening.

It was emphasized that the Calligraphy School will function not only as an educational institution but also as a scientific research and cultural center. Within its framework, plans include training specialists, preserving and restoring manuscripts, as well as developing international cooperation.

Uzbekistan and Finland possess significant potential to deepen their partnership in the areas of ecology, sustainable natural resource management, and climate change mitigation. Environmental institutions of both countries actively engage through international conferences, forums, and projects supported by international organizations and development banks.

One of the most notable examples of practical cooperation is the joint project between the Agency of Hydrometeorological Service of Uzbekistan, the Ministry for Foreign Affairs of Finland and the Finnish Meteorological Institute. Valued at USD 2 million, the project aims to strengthen Uzbekistan’s hydrometeorological capacity, train specialists in modern forecasting methods for weather and natural disasters, and enhance climate services and adaptation measures to climate change.

To further expand bilateral cooperation, the Ministry of Ecology, Environmental Protection and Climate Change of Uzbekistan has identified several priority areas that could form the basis for a future Memorandum of Understanding with Finland.

One key area of collaboration could be sustainable forest management. Over 70% of Finland’s territory is covered by forests, which account for 0.5% of global timber reserves. Studying Finland’s experience in public-private partnerships in forestry and its effective mechanisms for conserving forest ecosystems could help Uzbekistan improve its own approaches to developing green zones and protecting natural territories.

Another promising area is circular economy development. Finland was among the first countries to adopt a national “roadmap” for transitioning to circular models of production and consumption. For Uzbekistan — which is currently developing a modern waste management and recycling system — learning from Finland’s sustainable production practices would be an important step toward achieving “green” growth.

Air quality management is also an area of great interest. Finland is recognized as one of the countries with the cleanest air in the world, thanks to its advanced monitoring systems and strict environmental regulations. Adopting Finnish technologies for tracking pollutants and reducing emissions could significantly improve air quality in Uzbekistan’s urban centers.

Particular attention is also given to climate action. Finland aims to achieve carbon neutrality by 2035 and its strategies for reducing emissions and adapting to climate challenges could serve as a valuable model for Uzbekistan in implementing its own climate commitments under the Paris Agreement.

An important area of focus is scientific and educational cooperation. The Ministry of Ecology of Uzbekistan is interested in establishing partnerships between Finnish universities and the Central Asian University of Environmental and Climate Change Studies (Green University). Academic exchange programs, joint research initiatives and the development of green educational technologies will contribute to training a new generation of environmental and climate specialists in the region.

Cooperation in biodiversity conservation and protected areas management is also of high importance. Finland allocates 13.3% of its territory for these purposes and plans to expand this figure to 30% by 2030. This experience holds great value for Uzbekistan, which is actively implementing a national program to expand its network of reserves and national parks.

The signing of a Memorandum of Cooperation between the Ministry of Ecology, Environmental Protection and Climate Change of the Republic of Uzbekistan and the Ministry of the Environment and Climate of Finland would be a logical step toward strengthening this partnership. Joint initiatives between the two countries will help combine innovation and scientific expertise in pursuit of a shared goal — protecting nature, enhancing climate resilience, and building a sustainable and environmentally secure future.

Anvar Tursunaliyev,

Chief specialist Department of international cooperation

and rankings of the Ministry of Ecology,

Environmental Protection and Climate Change