September 22-24^th, 2026, traditional Plastex Uzbekistan 2026 exhibition will be held in the capital of Uzbekistan

More than 250 companies and brands from Austria, Germany, India, Iran, Italy, China, Latvia, Russia, Saudi Arabia, Türkiye and Uzbekistan have confirmed their participation in the exhibition.

Organizers: international exhibition company Iteca Exhibitions and its partner ICA Eurasia Group.

Every autumn, Plastex Uzbekistan brings together equipment manufacturers, raw material suppliers, processors, engineers and executives from the polymer industry in Tashkent. As the only specialized plastics industry exhibition in Uzbekistan, it annually showcases the latest developments in the chemical and polymer sectors.

Among the new exhibitors are companies that will present their solutions to Uzbek industry professionals for the first time. “Koenig & Bauer Kammann GmbH (Germany)” has been a leading manufacturer of fully automated screen-printing machines for the decoration of plastic containers for more than 70 years. “Definitive Innovation (Italy)” is a reliable partner in advanced solutions for dosing, mixing, filtration, storage, pneumatic conveying and industrial automation technologies. “PLAS MEC S.R.L. (Italy)” enjoys worldwide recognition as a leading manufacturer of mixing systems for PVC, plastics, masterbatches, powder coatings, engineering plastics and other high-quality materials. “TERMOKAR MAKİNA (Türkiye)” offers highly efficient chillers and heat-exchange solutions for industries including plastics, rubber, medical, pharmaceutical, food and automotive manufacturing. Local manufacturing will be represented at the exhibition by “NOVOPLAST TPE (Uzbekistan)”, a leading manufacturer of thermoplastic elastomers and products made from them.

Visitors will be able to explore modern equipment for plastics production and processing, polymer raw materials and specialty additives, moulds and dies, auxiliary equipment, as well as solutions for the packaging and recycling industries.

One of the key advantages of Plastex Uzbekistan remains its practical exhibition format. Visitors will have the opportunity to see equipment in operation, receive consultations from company representatives and discuss technical issues directly with manufacturers and suppliers.

Since 2025, Plastex Uzbekistan has been held jointly with “4P Central Asia”, bringing together the printing, packaging, plastics and polymer sectors. This format expands the exhibition and enables industry professionals to explore solutions from several interconnected sectors during a single visit.

Chemical and polymer industry remains one of the priority areas of Uzbekistan’s industrial modernization. Growing polymer production and processing are creating sustained demand for modern equipment, raw materials and technologies. In this context, Plastex Uzbekistan serves as an important B2B platform for international equipment and raw material manufacturers, chambers of commerce and industry associations. It provides an opportunity to gain first-hand insight into the current needs of the Uzbek market, assess prospects for localization and exports and establish direct contacts with key industry enterprises.

For official delegations, the exhibition is of practical interest as a tool for assessing the investment and trade potential of the polymer industry - both from the perspective of the Uzbek market and in the context of advanced global technologies showcased at the exhibition by leading international manufacturers.

Dunyo IA

An analysis of nighttime satellite illumination data indicates a strengthening of economic activity across regions and an expansion in the number of territories exhibiting urban-type development.

The Center for Economic Research and Reforms (CERR) applied satellite-based nighttime lights (NTL) data to assess economic activity at the level of regions and cities in Uzbekistan.

The analysis shows that higher light intensity corresponds to higher levels of economic activity and more advanced urban infrastructure.

CERR’s findings demonstrate a high degree of consistency between satellite-based indicators and official statistics. In particular, according to estimates based on NASA nighttime lights data, nominal GDP per capita in Uzbekistan grew by 80.3% in 2020–2025, corresponding to an average annual growth rate of 15.8%, increasing from $2,090 to $3,887 over five years.

For comparison, according to official statistics, GDP per capita increased by 81.8% over the same period, with an average annual growth rate of 16.1%, rising from $2,048 to $3,881.

Economic Activity in Large and Medium-Sized Cities

According to the data, over the past five years the highest growth in gross regional product (GRP) per capita among regions was recorded in the city of Tashkent, where the indicator increased by approximately $5,000, reaching $9.3 thousand by the end of 2025 (according to official statistics — $9.2 thousand).

Estimates for 2025 also show high GRP per capita levels in a number of large and medium-sized cities. In Navoi, the NTL-based estimate reached $9.3 thousand, in Zarafshan $7.9 thousand, in Samarkand $7.2 thousand, in Kokand and Andijan $6.7 thousand each, and in Akhangaran, Yangiyul, and Bukhara ranged from $5.8 thousand to $5.2 thousand, respectively.

Relatively high growth rates of GRP per capita were also observed across several regions. In Tashkent region, the indicator increased by $1.8 thousand to reach around $4 thousand. In Navoi region, GRP per capita also grew by $1.8 thousand to approximately $4 thousand. In Fergana and Syrdarya regions, the increase amounted to $1.6 thousand, reaching about $3.5 thousand and $3.4 thousand, respectively.

Economic Activity in Small and Medium-Sized Cities

Relatively high GRP per capita levels were also recorded in a number of small and medium-sized cities. In Termez, the indicator reached $5.1 thousand, in Margilan and Chirchik around $5 thousand, and in Namangan $4.8 thousand. Economic activity levels also remain relatively high in the cities of Kagan and Urgench.

Economic Activity at the District Level

At the district level, the highest GRP per capita growth dynamics in 2020–2025 were observed in Mirabad district, where the indicator increased by $7.1 thousand, in Yakkasaray district by $6.3 thousand, and in Chilanzar district by $5.6 thousand. As a result, GRP per capita in these districts exceeded $10 thousand, which is nearly three times higher than the average across other districts and cities in the country.

Among districts, the highest growth rates of economic activity were also recorded in Karmana district (2.5-fold increase), Yashnabad and Bektemir districts (2.4-fold), as well as Sergeli, Yangi Hayot, and Mirzo Ulugbek districts (2.3-fold).

Expansion of Territories with High Economic Activity

The use of nighttime lights data also made it possible to assess urbanization processes at the district level. In particular, between 2020 and 2025, the number of territories with high nighttime light intensity (NTL above 10), characteristic of urban agglomerations, increased from 22 to 31. The average GRP per capita in these territories rose from $3.8 thousand to $7 thousand.

At the same time, over five years the number of districts with low nighttime light intensity (NTL below 1) declined from 129 to 85, confirming the transition of 44 districts toward an urban-type development model.

In these districts, NTL levels increased on average by more than 2.5 times, while GRP per capita rose from $1.7 thousand to $3.2 thousand.

Conclusion

The results confirm that satellite-based nighttime lights data can effectively complement official statistics and be used for timely assessment of regional economic activity.

This approach enables the identification of new growth points and allows for more targeted allocation of state support toward infrastructure development and investment activity in the regions.

Abdulaziz Gaybullayev, CERR

CERR Public Relations Sector

Tel.: (+998) 78 150-32-20 (417)

Development of the “Central Asia Plus” Formats

In recent years, Central Asia has increasingly acted as a unified region in international relations. Alongside bilateral ties, “Central Asia Plus” formats have been developing, allowing the countries to coordinate their shared interests and discuss trade, investment, industrial cooperation, transportation, energy, and security with external partners.

Existing formats include “Central Asia–European Union,” “Central Asia–Russia,” the C5+1 platform with the United States, as well as dialogue mechanisms with China, Japan, South Korea, and other partners. These mechanisms do not replace bilateral cooperation but complement it with a regional agenda.

Central Asia’s Multivector Cooperation

The first “Central Asia–European Union” summit, held in Samarkand in April 2025, focused on developing a strategic partnership between the two regions. Particular attention was paid to investment, technological modernization, green energy, critical minerals, transportation, and logistics.

Uzbekistan proposed establishing an investment platform to advance regional projects and developing coordinated conditions for expanding the Trans-Caspian Transport Corridor. It also proposed holding a meeting of the transport ministers of the countries located along the route.

The second “Central Asia–Russia” summit, held in October 2025, focused on expanding trade, industrial cooperation, and collaboration in energy and transportation.

Uzbekistan proposed holding annual summits, establishing a coordination council at the deputy prime minister level, and creating an integrated transportation and logistics framework combining national road, rail, and air connectivity programs. Particular attention was also paid to developing the North–South Corridor and resilient production chains.

Thus, the “Central Asia Plus” formats enable the region to develop cooperation in several areas simultaneously. Their purpose is not to choose a single partner or route, but to expand economic ties and strengthen the region’s resilience to external changes.

Establishing a New C5+1 Format

The “Central Asia + Azerbaijan” format differs from other platforms because Azerbaijan is directly connected to the region through the Caspian Sea and is a key component of transportation routes leading toward the South Caucasus, Türkiye, and Europe.

For Central Asia, Azerbaijan is an important transit, investment, and industrial partner. For Azerbaijan, the Central Asian countries represent a growing market and a source of cargo flows for its port, railway, and logistics infrastructure. The new format therefore has not only political significance but also a specific economic dimension.

At the seventh Consultative Meeting of the Heads of State of Central Asia, held in Tashkent on November 16, 2025, a decision was made to grant Azerbaijan full participation. This became the first meeting of regional leaders in the expanded format.

President of Uzbekistan Shavkat Mirziyoyev proposed gradually transforming the consultative dialogue into a strategic “Central Asian Community” format. Initial steps included strengthening the institutional framework of the meetings, establishing a rotating secretariat, and elevating the status of national coordinators to special representatives of the presidents.

In trade and economic cooperation, Uzbekistan proposed developing a Comprehensive Regional Program for Trade and Economic Cooperation through 2035. The document is expected to address the removal of administrative barriers, simplification of customs and tax procedures, joint use of industrial and free economic zones, and other measures to increase intraregional trade.

Initiatives were also proposed to establish a common investment space and develop e-commerce. These measures include coordinating basic approaches to investor protection, creating regional digital marketplaces, and developing reliable digital payment systems.

Particular attention was paid to transportation and energy infrastructure. Uzbekistan proposed establishing an Infrastructure Development Council at the deputy prime minister level. Priorities included the construction and modernization of roads, railways, border checkpoints, energy networks, green corridors, and digital infrastructure.

Transportation initiatives covered the China–Kyrgyzstan–Uzbekistan railway, the Trans-Afghan route, and the Trans-Caspian transportation routes connecting Central Asia with the markets of the Caucasus, Türkiye, and Europe.

In 2026, the meeting is expected to continue under Turkmenistan’s chairmanship in the new “Central Asia and Azerbaijan” format.

Economic Foundation of Cooperation

The expansion of the regional format is taking place against the backdrop of growing trade and investment ties between Uzbekistan and the Central Asian countries.

In 2025, Uzbekistan’s trade turnover with the countries of the region reached $8.3 billion. Exports totaled approximately $3.2 billion, while imports amounted to $5.1 billion. Kazakhstan remained Uzbekistan’s largest regional trading partner, accounting for 60.2% of its trade with Central Asian countries. Turkmenistan and Kyrgyzstan each accounted for 14.5%, while Tajikistan accounted for 11%.

As of June 2026, Uzbekistan was home to 2,384 enterprises with capital from Central Asian countries. These included 1,283 enterprises with Kazakh capital, 442 with Tajik capital, 362 with Kyrgyz capital, and 297 with Turkmen capital.

The total volume of direct investment and loans attracted from the countries of the region in 2017–2025 amounted to $2.5 billion. In 2025 alone, this figure reached $1.3 billion.

At the same time, the potential of intraregional trade has not been fully utilized. According to calculations by the Center for Economic Research and Reforms, replacing some goods imported from third countries with intraregional supplies could increase trade within Central Asia by $11.4 billion, more than doubling its current volume. Unlocking this potential requires reducing tariff and non-tariff barriers, improving information exchange among businesses, and developing regional production chains.

Uzbekistan’s economic relations with Azerbaijan are also strengthening. Between 2017 and 2025, bilateral trade increased 9.5-fold, from $32.5 million to $307.3 million. Uzbekistan’s exports reached $227.3 million, while imports from Azerbaijan amounted to $80 million.

Uzbekistan’s exports mainly consist of manufactured goods, machinery and transportation equipment, food products, beverages, finished goods, and services. Imports are dominated by food and manufactured goods, machinery, transportation equipment, and chemical products.

Uzbekistan is home to 460 enterprises with Azerbaijani capital. Their number has increased 6.5-fold since 2017. In 2025, Azerbaijani investment in Uzbekistan totaled $173.7 million, bringing cumulative investment to $318.6 million.

An additional instrument was created in 2023 with the establishment of the Azerbaijan–Uzbekistan Investment Company, which has authorized capital of $500 million and can finance projects in Uzbekistan, Azerbaijan, and third countries.

Cooperation is also developing in the automotive industry, textiles, construction, agriculture, and other sectors.

The Middle Corridor and Azerbaijan

Expanding trade and industrial cooperation requires reliable transportation infrastructure. For Uzbekistan, which has no direct access to the sea, developing alternative routes is essential to strengthening the resilience of foreign trade.

The Middle Corridor connects China and Central Asia with the South Caucasus, Türkiye, and Europe. Cargo from Uzbekistan can be transported through Kazakhstan or Turkmenistan to Caspian ports, shipped by sea to Azerbaijan, and then delivered to European markets through Georgia and Türkiye or across the Black Sea.

Azerbaijan occupies a central position in the western section of the route. Its transportation infrastructure includes the Alat International Sea Trade Port, the Caspian merchant fleet, and the Baku–Tbilisi–Kars railway.

The capacity of the Alat Port is expected to increase from 15 million to 25 million metric tons, while the capacity of the Baku–Tbilisi–Kars railway has been expanded to 5 million metric tons. A unified digital platform is also being developed to simplify transportation operations and trade between Caspian ports.

According to the World Bank, if the necessary infrastructure and organizational reforms are implemented, freight traffic along the Middle Corridor could triple by 2030, while delivery times could be reduced by half.

During the first nine months of 2025, transit freight between Uzbekistan and Azerbaijan exceeded 1 million metric tons. This indicates growing prospects for using Azerbaijan’s transportation infrastructure as a transit route for Uzbek cargo.

The opening of the Zangezur Corridor is also expected to create additional opportunities for all Central Asian countries.

Opportunities for Uzbekistan and Central Asia

For Uzbekistan, the Middle Corridor provides an additional route to the markets of Azerbaijan, Georgia, Türkiye, and the European Union. This makes it possible to diversify transportation routes and reduce foreign trade dependence on a limited number of corridors.

Delivery times and predictability are especially important. They directly affect the competitiveness of textiles, fruits and vegetables, electrical equipment, automobiles, and other high-value-added products. Coordinating rail and maritime transportation schedules, introducing digital documentation, and reducing border-crossing times could lower exporters’ costs.

The corridor’s development will also create demand for dry ports, multimodal terminals, warehouses and cold-storage facilities, repair enterprises, and insurance, financial, and digital services. Transportation can therefore be viewed not only as a means of delivering goods but also as a separate area of investment and industrial development.

Additional opportunities are associated with the construction of the China–Kyrgyzstan–Uzbekistan railway. Its integration with the Middle Corridor would establish a shorter and more resilient transportation link between China, Central Asia, the Caucasus, and Europe.

For Central Asia as a whole, developing the route would make it possible to consolidate cargo flows, harmonize transportation procedures, and increase the region’s attractiveness to international investors. A larger and more stable cargo base would support regular train and vessel services, reduce per-unit costs, and expand the geographic reach of shipments.

The Middle Corridor is not viewed as a replacement for northern or southern routes. Its main purpose is to expand available options, strengthen logistics resilience, and create additional connections to external markets.

The Importance of Industrial Cooperation

Transportation cooperation will have a long-term impact if it is linked to the development of manufacturing. Growth in transit alone will not ensure the full realization of the new format’s economic potential.

Uzbekistan, other Central Asian countries, and Azerbaijan could establish joint production chains in the automotive industry, textiles, agricultural processing, electrical engineering, construction materials, chemicals, and machinery manufacturing.

An analysis by the Center for Economic Research and Reforms shows that regional enterprises could supply one another with raw materials, components, and finished products, reducing their dependence on imports from third countries.

One promising area is the establishment of joint industrial zones and logistics centers along the Middle Corridor. The idea of creating “mirror” special economic zones in Uzbekistan and Azerbaijan has not yet reached the implementation stage, but it offers significant development potential.

At the same time, growing bilateral trade, the work of the joint investment company, and expanding transportation links are creating conditions for revisiting this initiative.

Such zones could specialize in product assembly and processing, consolidation of export shipments, warehousing operations, and transportation services. Establishing interconnected production facilities in Uzbekistan and Azerbaijan would combine Central Asia’s industrial potential with the transportation infrastructure of the South Caucasus.

Conclusion

The first meeting in the expanded format established a political and institutional foundation for cooperation between Central Asia and Azerbaijan. The next meeting, under Turkmenistan’s chairmanship, could focus on the practical development of the Middle Corridor and the expansion of industrial cooperation.

In transportation, the main priorities include coordinating tariffs and procedures, developing regular rail and maritime services, modernizing port and border infrastructure, digitizing documentation, and exploring opportunities to connect the Middle Corridor with the China–Kyrgyzstan–Uzbekistan railway.

In industry, priorities could include establishing joint production chains, developing industrial zones, implementing projects through the Azerbaijan–Uzbekistan Investment Company, and attracting international financial institutions to infrastructure and manufacturing projects.

For Uzbekistan, the “Central Asia + Azerbaijan” format creates opportunities to expand exports, diversify transportation routes, and attract investment in manufacturing and logistics. For other Central Asian countries, it provides an additional route to Western markets.

The format’s future significance will depend on how consistently the participating countries develop the Middle Corridor and complement the transportation agenda with industrial and investment cooperation. The upcoming meeting could provide practical momentum for implementing the most ambitious and mutually beneficial projects.

Edvard Romanov,

Center for Economic Research and Reforms

We, the participants of the First International Islamic Civilization Forum, held on July 7–8, 2026, in Tashkent, express our profound gratitude to His Excellency Shavkat Mirziyoyev, President of the Republic of Uzbekistan, and acknowledge the exceptional significance for contemporary society of the historic initiative he presented in September 2017 at the 72nd session of the United Nations General Assembly. This initiative seeks the revival, scientific study, and broad dissemination of the rich humanistic heritage of Islamic civilization.

We unanimously recognize that the establishment of the Islamic Civilization Center in the Republic of Uzbekistan, the effective organization of its activities, and the convening of the First International Islamic Civilization Forum represent the practical realization of this initiative. These efforts have undoubtedly marked the beginning of a new era of international cooperation in the study, preservation, and promotion of the invaluable heritage of the Muslim Ummah.

Based on the principles of peace, tolerance, education, and intercultural and interreligious dialogue;

noting the enormous contribution of Islamic civilization to the development of global science, education, art, architecture, and spiritual and intellectual thought;

recognizing the need to counter ignorance, extremism, xenophobia, Islamophobia, and distorted perceptions of Islamic heritage;

emphasizing that the scientific study of religious and cultural heritage is becoming increasingly important for strengthening international trust and ensuring sustainable development;

recognizing the historical contributions of both ancient and modern Uzbekistan, as well as the broader region, to the formation and advancement of Islamic and global civilization, we hereby adopt this Declaration.

1. To establish a new framework for international cooperation in the study, preservation, and dissemination of the heritage of Islamic civilization, the participants of the First International Islamic Civilization Forum propose the following global initiatives:

1. World Alliance for Islamic Civilization
   
   

The establishment of a World Alliance for Islamic Civilization, anchored by the Islamic Civilization Center in Uzbekistan, is proposed to unite international organizations, scientific and educational institutions, academies of sciences, museums, libraries, foundations, archives, centers of Islamic manuscripts, research institutes, and other relevant entities.

The primary objective of the Alliance is to foster sustained international cooperation, implement collaborative scientific, educational, cultural, museum, and digital initiatives, facilitate the exchange of knowledge and best practices, and coordinate efforts to preserve, study, and promote the creative achievements of Islamic civilization as an essential component of global cultural and intellectual heritage.

2. World Digital Registry of the Islamic Civilization Heritage

The development and maintenance of a unified international digital platform is proposed to aggregate manuscripts, archival materials, museum collections, architectural monuments, intangible cultural heritage, and scientific research related to the heritage of Islamic civilization.

3. International Program "Islamic Civilization: Heritage of All Humanity"
   
   

The implementation of a comprehensive international program is proposed to highlight Islamic civilization's contributions to global science, culture, and education. This initiative would encompass international exhibitions, educational projects, scientific conferences, publishing activities, and cultural events.

4. International Islamic Civilization Prize
   
   

The establishment of an international prize is proposed to honor individuals who have made significant contributions to the study, preservation, and dissemination of Islamic civilization's heritage, as well as to the advancement of science, education, intercultural dialogue, and humanitarian cooperation.

5. International Foundation for the Study of Islamic Civilization
   
   

The creation of an international foundation is proposed to support fundamental scientific research, the restoration of historical monuments, the training of emerging scholars, the implementation of publishing projects, and the advancement of international academic collaboration.

6. Global Digital Library of Islamic Civilization
   
   

Establish a multilingual digital library that integrates manuscripts, scholarly works, archival documents, museum collections, educational resources, and digital exhibitions dedicated to the heritage of Islamic civilization.

7. International Encyclopedia of Islamic Civilization
   
   

Develop and publish a comprehensive, multi-volume scholarly encyclopedia focused on the history of Islamic civilization, prominent scholars, schools of thought, cultural monuments, and major achievements of the Islamic world.

8. Annual International Report on the State of the Islamic Civilization Heritage
   
   

Establish a framework for the annual production of an analytical report that addresses the condition of cultural and educational heritage sites, the outcomes of scientific research, current challenges, and opportunities for international cooperation in preserving and studying the heritage of Islamic civilization.

9. International Youth Islamic Civilization Forum
   
   

Establish a permanent international platform for dialogue among young scholars, researchers, students, and specialists in cultural heritage, with the objective of cultivating a new generation of scholars in Islamic civilization.

10. International Union of Museums of Islamic Culture, Art, and Civilization
    
    

Establish an International Union of Museums of Islamic Culture, Art, and Civilization to unite leading museums, museum complexes, galleries, and specialized institutions from multiple countries.

The Union aims to advance international museum cooperation, organize joint exhibitions, conduct research and implement restoration, educational, and digital initiatives, facilitate the exchange of collections, best practices, and specialists, and preserve, study, and promote the heritage of Islamic culture, art, and civilization.

Maintain the Forum's International Council, elected at the First International Islamic Civilization Forum, as a permanent coordinating body. Assign it the responsibility of consolidating all initiatives and proposals from Forum participants, developing and approving an international roadmap for joint actions through 2030, and presenting this roadmap to Forum participants, international organizations, and the Government of the Republic of Uzbekistan as a practical mechanism for implementing this Declaration.

We, the Forum participants, urge states, international organizations, scientific institutions, universities, museums, libraries, and public organizations to collaborate in implementing these initiatives for the sake of peace, mutual respect, education, and the preservation of the rich heritage of Islamic civilization as an essential component of the world's cultural treasury.

Over the past five years, the Organization of Turkic States (OTS) has undergone a qualitative transformation, evolving into an effective mechanism for interregional cooperation.

The stability and effectiveness of this format are largely determined by the degree of development of its institutional architecture. Within the OTS, this architecture features a multi-tiered structure, comprising the Council of Heads of State, the Council of Ministers of Foreign Affairs, the Committee of Senior Officials, the Council of Elders and the Secretariat of the organization.

A powerful impetus to the development of the association was provided by the adoption in 2021 of the “Turkic Vision – 2040” strategy, which became the conceptual foundation for the formulation of sectoral roadmaps, action plans, and a system of long-term milestones. The implementation of this strategy has manifested most visibly in the areas of transport digitalization, customs procedures, investment cooperation, and educational exchange.

Special attention should be paid to the activities of the Parliamentary Assembly of Turkic States (TURKPA), within the framework of which efforts have intensified to harmonize legislative approaches in the fields of trade, transport regulation and humanitarian cooperation.

A significant impetus to the development of the OTS was provided by the active engagement of Uzbekistan in the organization's work. In the subsequent period, Tashkent became one of the key drivers in modernizing the OTS agenda. At the initiative of the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, the promotion of projects in transport connectivity, industrial cooperation, digital transformation, and investment collaboration intensified. It is with the invigoration of Uzbek participation that many experts associate the organization's transition from a declarative stage to a phase of practical institutionalization.

The 2022 Samarkand Summit provided an additional symbolic and political impetus, during which decisions were made to establish the Turkic Investment Fund and institutionally expand the economic agenda. This stage solidified the evolution of the OTS toward forming a fully-fledged geo-economic space while preserving its cultural and historical foundation.

Concurrently, economic cooperation is steadily establishing itself as a key pillar of the OTS development. The combined demographic potential of the organization is estimated at approximately 178 million people, a significant portion of whom comprise a young, able-bodied population. The nominal GDP of the member states exceeds USD 1.8–1.9 trillion, while their total foreign trade turnover surpasses USD 1.1 trillion.

In recent years, interregional trade has demonstrated steady positive dynamics. According to estimates by the OTS Secretariat, mutual trade turnover among member states reached USD 22–23 billion, nearly doubling compared to the figures at the beginning of the decade.

Uzbekistan plays a notable role in this process. By the end of 2025, the Republic's trade volume with OTS countries exceeded USD 9 billion, whereas in 2019, this figure stood at approximately USD 4.2 billion. Thus, over a six-year period, the trade turnover has practically doubled.

A prime example is the Uzbek-Turkish industrial cooperation. The number of enterprises with Turkish capital participation in Uzbekistan has surpassed 2,000, while the total volume of joint investment projects is estimated at over USD 5 billion. A significant share of these projects is concentrated in the textile industry, building materials manufacturing, electrical engineering, and the food industry.

The specific significance of this interstate association is driven by its geo-economic location. The member states of the organization are situated at the strategic intersection of transport arteries linking East Asia, the South Caucasus, the Middle East and Europe.

Its central element is the Middle Corridor, which connects China, Central Asia, the Caspian region, the South Caucasus, Türkiye and onwards to European markets. Over the past three years, the route has demonstrated steady cargo traffic growth. By the end of 2025, shipment volumes along the corridor exceeded 4.5 million tons, whereas in 2021, they stood at less than 1 million tons.

A key driver of this growth has been the comprehensive modernization of port infrastructure. For instance, following its reconstruction, the Baku International Sea Trade Port now possesses the capacity to handle up to 15 million tons of cargo annually, including up to 100,000 containers, with future expansion potential reaching 25 million tons.

The acceleration of delivery timelines is of equally vital importance. While cargo transportation from China to Europe along this route previously required 40–50 days, the digitalization of document flows (e-CMR), the unification of pre-arrival customs declaration procedures, and infrastructure modernization have successfully reduced this timeframe to 18–23 days.

The creation of a trans-regional "green energy corridor" is emerging as a highly promising avenue of cooperation, envisaging the export of electricity generated from renewable sources in Central Asia and the South Caucasus toward Europe. Azerbaijan, Kazakhstan and Uzbekistan have intensified their coordination regarding the synchronization and construction of the necessary power transmission infrastructure.

At the same time, in the context of accelerating global digitalization, technological development is acquiring not only economic but also strategic importance, forming the foundation for enhancing the efficiency of interstate cooperation, modernizing industry, and strengthening infrastructural connectivity.

The combined volume of the digital economy of the member states already exceeds $110 billion, while the average annual growth rate of the sector in a number of countries stands at 12–18%, which is significantly higher than the global growth rates of traditional industry.

The strengthening of the OTS digital development track was reflected in the agenda of the informal summit held on May 15, 2026, in Turkistan, where artificial intelligence and digital development served as the central theme. This highlighted the organization's transition toward treating technological transformation as a high-priority area of strategic cooperation.

Uzbekistan is likewise demonstrating accelerated digital modernization. By the end of 2025, the country's export of IT services exceeded $1 billion, representing a nearly fivefold increase compared to 2020. Hundreds of companies operate through a network of specialized IT Parks, serving external markets, including the OTS member states. Within the framework of regional cooperation, the Republic actively promotes initiatives for the unification of digital services and the development of joint educational programs in high technology.

However, the effectiveness of these processes is largely determined not only by economic but also by humanitarian factors. In this regard, the OTS possesses a unique advantage, as it is built upon a deep historical and cultural commonality, linguistic proximity, and a shared civilizational heritage among the member states.

A pivotal role in this process is played by a network of specialized institutions, among which the International Turkic Academy, TURKSOY, TURKPA, and the Turkic Universities Union hold particular significance, ensuring the comprehensive development of humanitarian, scientific and educational cooperation.

These structures provide coordination for scientific research, the development of joint educational initiatives, the promotion of cultural heritage, and the expansion of inter-societal engagement.

Special attention is dedicated to the development of academic integration. Since 2025, dozens of academic exchange programs, including joint master's and doctoral tracks, have been implemented within the framework of inter-university cooperation among the OTS states. The number of students participating in educational mobility between the countries of the organization increases annually by an average of 18–22%.

A notable contribution to this process is made by leading universities, such as the Al-Farabi Kazakh National University, Ankara University, Samarkand State University, and the Kyrgyz-Turkish Manas University, which serve as key centers for personnel training and scientific support for integration processes.

Separate attention of the member states is directed toward expanding tourism potential. The cumulative tourism flow among the OTS states has increased by more than 35% over the past five years. A significant impact was delivered by the development of joint tourist routes, including pilgrimage, historical-cultural, and ethnographic programs.

In this context, "Cultural Capital of the Turkic World" program and the granting of this status to cities such as Khiva, Aktau, Turkmenbashi, and Shusha have contributed to a significant intensification of tourism exchange within the format.

Another factor driving tourism development has been the formulation of a unified tourism product, "Tabarruk Ziyorat," aimed at developing religious and educational tourism among Uzbekistan, Kazakhstan, Kyrgyzstan and Türkiye.

Looking ahead, the OTS possesses significant potential for further strengthening as a space for practical cooperation.

Crucial importance in this context will be attached to the deepening of economic cooperation by reducing non-tariff barriers and digitalizing trade and customs procedures, the further development of transport and logistics connectivity - primarily within the framework of the Middle Corridor - the expansion of technological collaboration focused on the development of the digital economy and joint innovation platforms, as well as the strengthening of expert-analytical, academic and educational interaction.

On the whole, deepening cooperation across key areas will serve to strengthen the role of the OTS as one of the most promising frameworks ensuring the development and resilience of Central Asian nations.

In this context, the informal OTS summit held in Turkistan stands as a crucial milestone in advancing this agenda, reaffirming the commitment of the member states to expanding practical cooperation and defining new benchmarks for joint development, primarily in digital transformation and technological collaboration.

Cooperation between the Republic of Uzbekistan and the Republic of Korea has been developing consistently in recent years, acquiring new substance in such priority areas as the economy, investment, advanced technologies, digitalization, and public financial management. Relations aimed at further expanding practical cooperation between the two countries, studying advanced experience, and introducing modern technologies are becoming particularly important.

Within the framework of the Central Asia–Republic of Korea Cooperation Forum, particular attention is being paid to identifying new areas of regional and bilateral cooperation, implementing joint projects in innovative and high-tech sectors, as well as developing human capital.

This process is becoming even more relevant ahead of the high-level visit of the President of the Republic of Uzbekistan to the Republic of Korea on September 14–17. The visit will create important opportunities for bringing the strategic partnership between the two countries to a new level, expanding investment and technological cooperation, as well as reaching new agreements on the implementation of promising projects.

In particular, cooperation between the Republic of Uzbekistan and the Republic of Korea in the area of public financial management and modernization of the treasury system is also developing steadily. In this regard, the Republic of Korea’s advanced experience is being studied as part of the modernization of the treasury system and the gradual transition to a “Digital Treasury” system.

From April 5 to 10, 2026, the Korea Fiscal Information Service (KFIS) organized a training and practical seminar in the Republic of Korea dedicated to public financial management information systems and the introduction of artificial intelligence technologies. The delegation of the Treasury Service Committee under the Ministry of Economy and Finance of the Republic of Uzbekistan took part in the seminar.

During the visit, the advanced information systems used in the Republic of Korea in the field of public financial management were studied in detail, including the operating mechanisms, functional capabilities, and role of the dBrain+, e-Naradoum, and e-Hojo systems in the digitalization of public financial management processes.

In addition, a Memorandum of Understanding was signed between the Treasury Service Committee and the Korea Fiscal Information Service. This document will contribute to further strengthening bilateral cooperation at the institutional level, expanding the exchange of experience, and developing practical cooperation aimed at improving public financial management information systems.

Furthermore, during meetings with the leadership of the Korea Fiscal Information Service, an agreement was reached on the engagement of a highly qualified expert from the Republic of Korea in the process of modernizing Uzbekistan’s public financial management information systems.

There are also prospects for establishing cooperation with the Republic of Korea in developing a semiconductor ecosystem, as well as implementing “OSAT” (the process of chip packaging and testing) and “IC Design” projects.

One of the key areas being identified is the exploration of opportunities to attract the Republic of Korea’s advanced technologies to Uzbekistan in the production of raw materials and high-purity chemical materials for semiconductors, train local specialists, establish cooperation in research and develop a semiconductor materials base in the country.

Within the framework of developing cooperation in the semiconductor sector with “SK Group,” particularly “SK Hynix,” prospects are being considered for technology transfer, the establishment of educational programs in “IC Design,” the training of local engineers and specialists in chip design, the implementation of joint educational programs, including grant-based projects, as well as the establishment of research and development centers.

The implementation of these initiatives will create an important foundation for developing the modern electronics and semiconductor industry in Uzbekistan, training highly qualified engineering professionals, localizing advanced technologies, and establishing new high-value-added manufacturing industries.

Initiatives aimed at applying the Republic of Korea’s advanced technological and institutional experience in Uzbekistan, expanding mutually beneficial investment projects, and training modern specialists will contribute to bringing the strategic partnership between the two countries to a new level.

In this regard, the initiatives being put forward within the framework of the Central Asia–Republic of Korea Cooperation Forum and the high-level visit will serve as an important foundation for further deepening multifaceted cooperation between the Republic of Uzbekistan and the Republic of Korea, implementing new technological projects, and developing high-value-added sectors in the long term.

Uzbekistan is undergoing a large-scale transformation of its social protection system, aimed at improving the well-being of its citizens and enhancing the effectiveness of social services. A key driver of this process is the national development strategy “Uzbekistan – 2030”, which focuses on the comprehensive and high-quality modernization of the country’s social policy.

In recent years, Uzbekistan has introduced innovative approaches to supporting vulnerable groups, including low-income families, the elderly, persons with disabilities, victims of violence, women in difficult situations, and children deprived of parental care.

Reforms are being implemented both at the legislative level and through specific programs and projects. A significant milestone was the establishment in 2023 of the National Agency for Social Protection (NASP) under the President of Uzbekistan – the only consolidated, ministerial-level body of its kind in the region, responsible for coordinating the implementation of a new generation of social policy.

Unlike neighboring countries, where social functions are divided among several institutions, Uzbekistan has integrated all components of social protection into a single digital system managed by NASP. This has improved coordination, efficiency, accountability, and has led to real improvements in the lives of vulnerable population groups.

In 2021, Uzbekistan ratified the UN Convention on the Rights of Persons with Disabilities (CRPD). The country offers a range of benefits to companies and organizations that employ individuals with disabilities. Many institutions, streets, and bus stops across the country are gradually being adapted to accommodate people with disabilities.

A key focus of the reforms is the development of “Inson” Social Services Centers, established in 208 districts and cities across the country. These centers operate on a one-stop-shop model and provide over 100 types of social assistance, including psychological and legal counseling, food assistance, and targeted aid for 12 categories of citizens, such as persons with disabilities, low-income families, and the elderly.

All centers are fully digitized, integrated with state systems, and operate on an individualized support model. Each citizen undergoes a needs assessment and receives a personalized support plan with ongoing guidance through the recovery or reintegration process.

In every makhalla (community unit), social workers are assigned based on a tiered “region–district–makhalla” structure, according to the number of families and individuals in need.

In the second quarter of the year 2025, 1.787 million applications were submitted to “Inson” Centers. Of these, 1.204 million were processed, while 496,200 are under review. The most in-demand services include compensation for gas and electricity costs, child benefits, support for low-income families, and access to health resorts for seniors and persons with disabilities.

The “From Poverty to Prosperity” program, enacted by Presidential Decree on September 23, 2024, addresses issues of social orphanhood and care for children deprived of parental care. It focuses on the creation of conditions as close as possible to a family environment and on an individual approach to each child. Accordingly, measures have been developed to place such children in foster care and provide them with social services. In particular, priority is given to preserving the family setting when placing a child in foster care. The main forms of placement are guardianship, custody, or adoption. Placement in a specialized institution is considered only as a measure of last resort.

Children with difficult life situations are temporarily placed in family orphanages within “Inson” Centers before being placed in foster care. Each child is assigned an individualized development plan, with records managed through the “Social Protection” system, which tracks both identified orphans and families willing to foster.

In this way, “Inson” Centers serve as legal representatives for such children, safeguarding their interests, monitoring living conditions, the use of support provided, and ensuring caretakers fulfill their obligations.

During his visit to the “Inson” Social Services Center in Tashkent’s Shaykhantahur district, President Shavkat Mirziyoyev emphasized: “This is a place where every persons concerns are taken care of and where they strive to make people happy. Through such a system, social justice and human dignity are established in our society”.

Special attention in Uzbekistan is given to families raising children with disabilities. As part of a public-private partnership, a specialized center “Imkoniyatlar Olami” (“World of Opportunities”) was created to provide services to children from birth to three years of age. Previously, such infants were exclusively under the care of their parents, and were admitted to specialized institutions only from the age of three. Now, if a risk of disability is identified during pregnancy, expectant mothers can receive help and counseling here, which will strengthen the care of the child. Psychological support is also provided.

Starting March 1, 2025, a day care services for children with disabilities aged 3 to 18 began operating under a public-private partnership model. It offers a wide range of services – social, rehabilitative, educational, and more. The initiative by NASP aims to support children’s social adaptation and enables parents, previously unable to work due to caregiving responsibilities, to return to employment.

A pilot project in Tashkent – the private kindergarten “Wunderkind” in the Yashnabad district successfully operates such a day care service, offering pedagogical, social, and rehabilitative care for children with special needs.

Another example is Family-type home No. 1 in the Mirzo-Ulugbek district. It currently houses nine children – seven with various medical conditions (Down syndrome, dysplasia, anemia, heart defects), and two without. Education and care are customized: three attend specialized kindergartens, three go to general kindergartens, and three are home-schooled.

The home emphasizes individualized care, love, and a nurturing environment that replicates family life. Caregivers follow development plans and integration programs tailored to each child’s needs and capabilities.

“Children choose their meals and even help prepare them, fostering responsibility and independence”, one caregiver noted.

Currently, nine such homes operate across Uzbekistan – five in Tashkent, two in Kashkadarya, and two in Samarkand.

In accordance with the Presidential Decree “On measures to expand the scope of social services provided to individuals in need of care”, the “Step Towards an Active Life” program is being implemented. Under this initiative, adults with disabilities or those requiring constant care receive free social services through vouchers. These include home-based care, supervision, assistance with hygiene, meals, and psychological support.

An example of the program’s implementation is a center located in the Nodirabegim makhalla of Mirzo-Ulugbek district. It has capacity for nine people and currently serves seven. The center is staffed by five experienced professionals.

Iroda Khamidova, a primary school teacher at Wunderkind:

“Our special day care center for children with disabilities, designed for nine children, currently serves seven. Two caregivers and an assistant are assigned to them. The center operates five days a week for nine hours a day and includes a psychological service.

Educators focus on building essential skills such as holding a spoon or expressing creativity with a pencil. The center was established under a Presidential initiative to support children with special needs.

Here, we’ve created all necessary conditions, including a psychologist’s office where not only children but also parents receive consultations and moral support. Seeing their child in a safe and attentive environment reassures them”.

Farhod Kamilov, Chief Specialist of NASP’s Department for the Development of Medical and Social Services for Persons with Disabilities:

“From March 1, 2025, we launched a pilot day care service in seven regions of Uzbekistan, including Tashkent.

By October 1, we plan to expand the service nationwide. Agreements with entrepreneurs in all districts have already been signed as part of public-private partnerships.

Currently, the day care program covers 1,200 children. We believe it is essential to raise public awareness about their specific needs.

Territorial NASP offices operate psychological, medical, and pedagogical commissions. They conduct comprehensive assessments of children with special educational needs and recommend the most suitable path – inclusive, special, or day care service.

It is important to understand that day care is not an educational institution; it focuses solely on caregiving and development. The entrepreneur provides 9-hour daily care, allowing parents to work or do other things.

With mutual agreement, it may be extended up to 12 hours, but the child must always return home to their family.

Our main goal is to reduce, or ideally eliminate, the need for residential care institutions. That is why these day care services were created. Our main goal is to reduce or ideally prevent the placement of children in long-term institutional care. It is with this purpose that such day care services have been established”.

 Dunyo IA

This year, the Shanghai Cooperation Organization (SCO) is celebrating its 25th anniversary. Over the past quarter-century, it has undergone a profound institutional transformation – from a mechanism for building cross-border trust within the “Shanghai Five” format to one of the most influential platforms for multilateral cooperation in Eurasia.

Over these years, the SCO has significantly expanded its membership. While in 2001 it was founded by six states (China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan), today the Organization brings together 10 member states, 15 dialogue partners, and 2 observer states.

At the same time, interest in the Organization’s activities continues to grow steadily. According to SCO Secretary-General Nurlan Yermekbayev, approximately 20 countries have expressed interest in joining the structure in one capacity or another.

Uzbekistan, as one of the founding members of the SCO, makes a significant practical contribution to its activities. The country has held the SCO chairmanship four times and successfully hosted the SCO Heads of State Summits in Tashkent (2004, 2010, and 2016) and Samarkand (2022).

At the present stage, Uzbekistan actively participates in shaping the Organization’s current agenda, focusing on security issues, trade and economic cooperation, industrial and technological partnership, cultural and humanitarian ties, and regional connectivity.

Economy and Transport Connectivity

Economic cooperation is one of the key areas of Uzbekistan’s participation in the SCO. For Tashkent, the Organization is of practical interest primarily as an effective platform for expanding trade, attracting investment, developing industrial cooperation, and establishing reliable transport and logistics links.

Uzbekistan’s trade ties with SCO member states have already reached a significant scale. In 2025, the country’s foreign trade turnover amounted to $81.2 billion, an increase of 20.7% over the previous year. China, Russia, and Kazakhstan remain Uzbekistan’s largest trading partners, accounting for around 43% of the country’s total foreign trade turnover.

The SCO’s economic potential is constrained by differences in customs procedures, technical standards, and market-access rules. To remove these barriers, Uzbekistan is calling for the signing of a Trade Facilitation Agreement, the harmonization of customs and technical standards to launch “green corridors,” the development of cross-border e-commerce, the wider use of national currencies in settlements, and the creation of investment mechanisms to provide independent financing for joint projects.

Uzbekistan’s strategic goal is to transition from simple trade to deep industrial cooperation, the production of high-value-added goods, and the integration of national enterprises into global value chains. Significant opportunities in this regard are opened up by cooperation in the energy sector, digitalization, green technologies, and the processing of critical minerals.

A practical continuation of this approach was the initiatives put forward by Uzbekistan at the SCO Summit in Tianjin. These include the establishment of a Regional Centre for Critical Materials and the SCO Energy Consortium, the development of venture mechanisms to support innovative projects, and the formation of a unified electronic portal for direct business contacts and investment attraction.

The deepening of trade and industrial cooperation is directly linked to the development of transport infrastructure. For Uzbekistan, as a landlocked country, expanding the geography of routes is a key condition for sustainable economic growth. The China–Kyrgyzstan–Uzbekistan railway, currently under construction, is of particular importance. In the future, its alignment with the Trans-Afghan Corridor (Termez–Mazar-i-Sharif–Kabul–Peshawar) could create a new transport route connecting China, Central Asia, and South Asia.

Tashkent also supports the concept of establishing a “Single SCO Transport Space” based on the development of new multimodal networks, the digitalization of transport, and the creation of seamless “green corridors.” Expanding access to the markets of China, Russia, the Caspian region countries, Iran, and South Asia creates additional opportunities to diversify foreign trade and strengthen regional connectivity.

Security: From Traditional Threats to a Comprehensive Approach

Alongside economic partnership, cooperation in the field of security remains a top priority for Uzbekistan within the SCO. Over the years of operation within the Organization, an effective system has been established to combat the "three evils" (terrorism, separatism, and extremism), organized crime, and drug trafficking, with the Executive Committee of the SCO Regional Anti-Terrorist Structure (RATS) in Tashkent serving as its key link.

At the same time, the expanding spectrum of challenges and threats brings new tasks to the forefront: ensuring cybersecurity, protecting critical infrastructure, countering the use of information technologies for unlawful purposes, and enhancing preparedness for environmental and technological risks.

In light of these new realities, Uzbekistan actively supports the profound modernization of SCO mechanisms. As part of the institutional reform, the Executive Committee of the RATS is being transformed into the Universal Center for Countering Security Challenges and Threats. The architecture of the updated system will be complemented by the SCO Center for Combating Organized Crime in Bishkek and the SCO Anti-Drug Center in Dushanbe, which will ensure a comprehensive and targeted response to cross-border threats.

Alongside institutional improvement, Uzbekistan promotes substantive initiatives in three main areas.

First, strengthening trust and strategic dialogue. In 2022, the Samarkand Solidarity Initiative for Common Security and Prosperity was put forward; in 2023, a proposal was made to develop the SCO Code of Good-Neighborliness, Trust, and Cross-Border Partnership; and in 2025, Tashkent initiated the adoption of the SCO Declaration on Nuclear Security.

Second, ensuring the security and resilience of the digital space. Uzbekistan advocates for deepening cooperation in cybersecurity and shaping common approaches to new technologies. The implementation of this course is reflected in a consistent chain of initiatives by Tashkent within the SCO framework.

In particular, at the Dushanbe Summit (2021), Uzbekistan put forward an initiative to establish the Expert Forum on Information Security to develop mechanisms for responding to cyber threats and exchanging experience. In 2023, the Uzbek side called for accelerating the adoption of the Agreement on Combating IT Crime and the Program for Countering Internet Extremism, and at the Tianjin Summit (2025), it proposed the creation of the International Expert Council on AI to develop unified standards for ethics, cybersecurity, and protection against deepfakes.

Third, promoting the stability and development of Afghanistan. Tashkent views this country as an integral part of Central Asia and proceeds from the need to combine security issues with the objectives of economic recovery, infrastructure development, and the integration of Kabul into regional ties.

In this regard, Uzbekistan advocates for the resumption of the work of the “SCO–Afghanistan” Contact Group, which could serve as a mechanism for coordinating efforts toward the country’s socio-economic development and its inclusion in major infrastructure projects.

Regional Cooperation: Climate, Food Security, and the Humanitarian Vector

The expanding understanding of security naturally brings to the forefront issues of climate and food resilience. For Central Asia, this agenda is of particular importance: over the past 30 years, the average temperature in the region has risen by 1.5 °C, which is twice the global average rate. According to World Bank estimates, land degradation, melting glaciers, and increasing water scarcity threaten to cause a 30% drop in agricultural yields.

In response to these challenges, Tashkent has built a consistent chain of systemic initiatives within the Organization: from the adoption of the SCO “Green Belt” Program (2019) and the creation of the Climate Council (2022) to the opening of the Center for Innovative Climate Solutions in Tashkent (2024) and the launch of the Regional Platform for Adaptation, Decarbonization, and the Use of Artificial Intelligence for Predicting Environmental Risks (2025).

The climate agenda is directly linked to food security. Here, the common task is the formation of sustainable agri-food systems. In this vein, Tashkent proposes to develop “smart” agriculture, introduce resource- and water-saving technologies, and establish agro-logistics centers and “green corridors” for the cross-border movement of agricultural products. Uzbekistan also proposes to launch the “SCO Food Security Atlas” platform to monitor agricultural potential and promote supply chain resilience.

Practical cooperation within the SCO is not limited to issues of economy, security, and climate; its long-term viability directly depends on the development of direct contacts between the societies of the member states. Uzbekistan consistently advocates for expanding humanitarian dialogue through festivals, forums, and exhibitions that popularize the rich heritage of the SCO “multinational family” and strengthen the foundation of mutual understanding and good-neighborliness.

Tourism serves as one of the practical tools for fostering closer humanitarian ties. In this field, Uzbekistan has proposed a comprehensive set of practical measures, including the launch of the “SCO Tourism and Cultural Capital” program, the creation of “SCO Silk Road” routes, and the establishment of the SCO Medical Tourism Alliance. The implementation of these initiatives helps to form a unified tourist space, attract investment in infrastructure, and stimulate job creation.

Overall, over a quarter-century of participation in the SCO, Uzbekistan has solidified its status as one of the key architects of the regional agenda, helping to transform the Organization from a platform for dialogue into an effective mechanism for practical partnership. The initiatives put forward by Tashkent are practical in nature and invariably align with the core interests of all member states.

Tashkent’s principled position is that the SCO must maintain its openness, avoid political confrontation, and remain guided by the principles of the “Shanghai Spirit.” It is precisely this course that enables the consistent transformation of the Eurasian space into a zone of long-term stability, trust, and sustainable development.

Madina Aripova, Chief Research Fellow at the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan

Today, the combined economic potential of the OTS countries exceeds $2.1 trillion. In 2025, the economies of these countries grew by 6.8 percent. Uzbekistan’s trade turnover with OTS countries reached $10.8 billion in 2025.

These figures demonstrate the significant potential for economic cooperation across the Turkic world.

Turning Economic Initiatives into Practical Mechanisms

A key aspect of Uzbekistan’s approach within the OTS is its focus on strengthening economic cooperation through concrete mechanisms and projects. Currently, practical cooperation is being carried out in more than 35 areas within the Organization. Uzbekistan has also put forward the idea of creating a “Space of New Economic Opportunities” in the near future, bringing together favorable conditions for trade, business, and mutual investment, as well as the necessary legal framework and infrastructure.

The President of the Republic of Uzbekistan has also proposed establishing a Permanent Council on Economic Partnership of the Turkic States and locating its Project Office in Tashkent. Such a mechanism could help move from discussing economic initiatives to their systematic preparation and implementation.

Another important initiative put forward by Uzbekistan is the establishment of a Turkic States Industrial Alliance. Cooperation in such sectors as mechanical engineering, electrical engineering, mining, petrochemicals, pharmaceuticals, textiles, food processing, and construction materials could enable the formation of new production chains across the OTS region. In this regard, a cooperation model based on the principle of “raw materials – processing – science and technology – finished products” is of particular importance.

For Uzbekistan, this model could, on the one hand, facilitate the integration of domestic producers into major regional value chains and, on the other, support the production of higher value-added goods and the expansion of export destinations.

Transport Connectivity as the Economic Foundation of Integration

Uzbekistan’s geographical location makes transport connectivity a strategically important area of economic integration within the OTS. As a landlocked country, the development of new transport corridors is one of the key factors determining the competitiveness of Uzbekistan’s foreign trade.

In this regard, the development of the Middle Corridor and its connection with the China–Kyrgyzstan–Uzbekistan railway currently under construction could create new economic opportunities. In the future, connecting this system with the Trans-Afghan Corridor could further strengthen Central Asia’s potential to become a major transport hub linking the markets of East Asia, South Asia, the Caucasus, Türkiye, and Europe.

New Financial Infrastructure

Deepening economic integration also requires institutions capable of financing it. In this regard, the establishment of the Turkic Investment Fund has marked a new stage in cooperation within the OTS. The Fund is focused on developing trade and economic cooperation, financing joint projects, and supporting small and medium-sized enterprises.

The launch of the Fund’s operational activities in 2026, along with the establishment of the OTS Council of Central Bank Governors and the Turkic Council for Green Finance, demonstrates that the financial infrastructure of a common economic space is gradually taking shape.

Uzbekistan supports efforts to combine the resources of the Turkic Investment Fund with those of other international financial institutions. In particular, it has proposed establishing strategic cooperation between the Fund and the Islamic Development Bank, the European Bank for Reconstruction and Development, as well as other international and national financial institutions.

Such an approach could enable the OTS to combine its own financial resources with international capital and expand opportunities for financing large-scale infrastructure, industrial, energy, and green projects.

Digital Economy – A New Frontier of Integration

The next major growth area for economic integration among the Turkic states is linked to the digital economy and artificial intelligence.

At the informal OTS summit held in Turkistan in 2026, Uzbekistan proposed establishing a strategic cooperation network in the field of artificial intelligence and developing a “Digital Turkic Corridor Concept”. The concept is aimed at interconnecting data centers across the region through high-speed communication networks, developing a unified modern digital space, and creating a new market for technology-based services.

This initiative is particularly important for Uzbekistan. The country’s geographical position in Central Asia could strengthen its future role not only as a transport hub, but also as a center for digital transit and data exchange.

Green Economy and New Markets

New sources of growth for the Turkic states are not limited to traditional industries. Renewable energy, green hydrogen and ammonia, critical minerals, organic agriculture, and environmental technologies are emerging as promising areas of cooperation.

The “Green Transformation” Consortium proposed by Uzbekistan is aimed at jointly implementing green energy projects, attracting technologies and standards, and expanding the use of public-private partnership mechanisms. In the area of critical minerals, the focus is shifting from exporting raw materials toward their deep processing and the production of higher value-added goods.

The significant agricultural potential of the OTS countries, their diverse climate zones, and proximity to major consumer markets create opportunities for establishing new cooperation chains in the production and export of organic products. In this area, Uzbekistan has proposed combining scientific research, breeding, production, and logistics capabilities and, in the future, bringing products to global markets under a common brand.

A New Stage – New Opportunities

Today, economic cooperation within the Organization of Turkic States is moving to a qualitatively new stage. Alongside increasing trade volumes, industrial cooperation, mutual investment, transport and digital connectivity, energy, and new financial mechanisms are becoming key areas of the common economic agenda.

This creates broad opportunities for making more effective use of the potential available across the OTS region and developing new sources of economic growth.

Interview of Akramjon Nematov, First Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan (ISRS), with Dunyo IA.

- The historic state visit of the President of Uzbekistan to the Kyrgyz Republic has once again drawn considerable attention within the expert community to the construction of the China–Kyrgyzstan–Uzbekistan railway. What place did this project occupy during the high-level talks in Bishkek and which aspects were at the center of the discussions between the two leaders?

- Indeed, recent state visit was truly a historic event, opening a new chapter in the development of Uzbekistan–Kyrgyzstan relations. The high-level talks took place in an atmosphere of unprecedented trust, mutual understanding, and strategic partnership, confirming that bilateral cooperation has advanced to the fundamentally new level of an alliance.

A central item on the agenda was the practical implementation of what is already widely referred to as the “project of the century” - the China–Kyrgyzstan–Uzbekistan railway. Following many years of discussion, the project has entered the active construction phase and the two leaders held detailed discussions on the progress of this unprecedented undertaking.

Of particular significance was President of Uzbekistan Shavkat Mirziyoyev's emphasis on the need to accelerate construction of the China–Kyrgyzstan–Uzbekistan railway, describing it as one of the key drivers of the region's long-term economic development.

In essence, this is far more than another infrastructure project. A new architecture of Eurasian connectivity is taking shape - one that will enable Central Asia to strengthen its strategic agency, expand access to global markets, and diversify its external economic ties. This explains why the two leaders devoted such close attention to coordinating the practical implementation of the project and to the further development of regional transport infrastructure.

It is equally important to note that, thanks to close coordination at the highest political level, construction is progressing ahead of the original schedule. Although initially planned to take at least five years, the project is now expected to be completed one year earlier than originally anticipated.

This reflects an exceptional level of resource mobilization. More than 10,000 specialists and over 7,000 pieces of heavy construction equipment are already engaged on site. The railway is opening an entirely new chapter in the development of Central Asia, fundamentally reshaping both the geopolitical and geoeconomic landscape of the region.

- What is the geoeconomic significance of this corridor for Eurasia as a whole, and how will it transform the position of the region, particularly Uzbekistan and Kyrgyzstan?

- Project fundamentally redraws the transport and logistics map of Eurasia by creating the shortest and most efficient overland route between East and West a modern “Iron Silk Road”.

Traditionally, Central Asia has been viewed in global trade primarily as a landlocked region with limited transit potential. The commissioning of this railway will transform the region from a logistical cul-de-sac into one of the principal crossroads of Eurasian trade.

Projected annual capacity of the new railway will reach 15 million tonnes. To appreciate its scale, it is worth noting that the entire railway network of Kyrgyzstan transported 10.5 million tons of cargo in 2025. In other words, once the railway reaches its designed capacity, the China–Kyrgyzstan–Uzbekistan railway alone will be capable of handling a greater freight volume than the current throughput of Kyrgyzstan's entire national railway system.

For Uzbekistan, project represents a major step toward consolidating its position as a regional transit hub, providing direct and secure access to the markets of South Asia, the Middle East and, ultimately, Europe.

For Kyrgyzstan, it will facilitate the large-scale economic integration of previously hard-to-access mountainous regions, create new jobs, and stimulate national economic development.

Railway will shorten the route from China to Europe and the Middle East by approximately 900 kilometres, while reducing cargo delivery times by seven to eight days, thereby decreasing dependence on the limited number of northern and maritime transport corridors.

However, project's significance extends well beyond shorter routes and faster delivery times. Railway is becoming a key element in shaping the new economic geography of Central Asia. It will transform the region from a passive transit area into an active organizer of Eurasian transport flows. This fundamentally changes the position of our countries within the global economy.

- How does this railway fit into the broader architecture of Eurasian connectivity alongside the Middle Corridor, Trans-Afghan routes and transport corridors through Iran?

- Rather than competing with other transport routes, it complements them by forming a single, integrated network of connectivity. First, the railway will connect directly with the Middle Corridor or Trans-Caspian International Transport Route (TITR), creating a seamless freight corridor linking China through Kyrgyzstan and Uzbekistan, across the Caspian Sea and onward to the Caucasus and Europe.

Second, by integrating with the emerging Trans-Afghan transport projects and Iran's transport network, the railway will create a powerful north-south and east-west transport crossroads. Central Asia will become a pivotal hub for continental trade, where cargo flows from China to South Asia, the Middle East, and Europe converge.

Looking at the broader picture, it becomes clear that integrating the China–Kyrgyzstan–Uzbekistan railway with the Middle Corridor, Trans-Afghan route and transport links through Iran will establish an entirely new system of Eurasian connectivity.

Central Asia will no longer depend on just one or two external transport routes. Instead, it will gain the flexibility to redistribute trade flows across multiple corridors simultaneously. This will significantly strengthen the region's economic resilience while enhancing its strategic autonomy.

The greater the number of complementary transport corridors available to Central Asia, the greater its ability to determine its own development trajectory and the less vulnerable its economies will be to external geopolitical disruptions.

That is why this project should be viewed not merely as a transport initiative, but as a long-term investment in the resilience of Central Asia as an integrated economic space.

- You mentioned that, in the future, this corridor is expected to connect with the Trans-Afghan route. How is the implementation of the Termez–Naibabad–Maidanshahr–Logar–Kharlachi railway progressing today, and what impact could the success of the “project of the century” have on it?

- Work on the Trans-Afghan railway is also moving forward steadily. Active practical efforts are underway, and following the completion of field surveys, the feasibility study for this major transport corridor is expected to be finalized by the end of the year.

At the same time, the rapid pace of construction of the China–Kyrgyzstan–Uzbekistan railway and the scale of resources committed to the project clearly demonstrate Uzbekistan's capacity to successfully implement some of the world's most complex cross-border infrastructure projects.

The success of this “project of the century” significantly strengthens our engineering and organizational capabilities, demonstrates the country's unwavering political commitment and serves as a powerful catalyst for future initiatives.

Practical implementation of the China–Kyrgyzstan–Uzbekistan railway has established an exceptionally high benchmark in terms of both pace and execution, creating strong positive momentum for advancing the Trans-Afghan railway, which will provide Central Asia with the shortest overland access to the ports of the Indian Ocean.

- Some observers argue that the railway will primarily serve as a transit corridor. Will it also become a driver of industrial development and economic growth, particularly in the Fergana Valley?

- It is a misconception to view the railway solely as a transit pipeline for foreign goods. The project has been designed as both a multimodal transport corridor and an industrial development framework. Alongside its transit function, the railway will become a powerful catalyst for the development of domestic industry and manufacturing. Growth zones are already emerging around the railway's key junctions.

A good example is the construction of the Makmal freight transfer station in Kyrgyzstan. It is being designed not merely as a technical railway facility but as a fully-fledged regional transport and logistics hub, incorporating cargo terminals, warehouses, manufacturing and processing facilities, and a wide range of service infrastructure.

Industry will benefit from reliable and efficient logistics for both raw materials and finished products, reducing transportation costs while enhancing competitiveness. The Fergana Valley will be among the principal beneficiaries of the project.

As one of the most densely populated and economically dynamic regions of Central Asia and historically the heart of the region - Fergana Valley has been presented with a unique opportunity to reclaim the pivotal role it played for centuries.

Historically, some of the most important branches of the Great Silk Road passed through this region. Today, thanks to the new railway, the Fergana Valley is once again becoming a center of Eurasian connectivity. Rather than remaining on the periphery of the regional transport system, the valley will evolve into a major production, logistics, and investment hub for the entire continent.

Running through Kashgar, Torugart, Arpa, Makmal, Jalal-Abad and Andijan, the railway will connect the key nodes of this macro-region, attracting investment, revitalizing cross-border trade and removing longstanding logistical bottlenecks. This fundamentally transforms the development model of border regions. Instead of peripheral territories, they will become dynamic zones of economic growth, industrial cooperation and business activity.

Ultimately, these developments elevate Uzbek–Kyrgyz relations to an entirely new level of alliance, where jointly overcoming some of the world's most demanding engineering challenges in the high mountains fosters profound mutual trust and transforms the border into a zone of peace and shared prosperity.

- Will this corridor also be used for passenger transport and what impact could it have on tourism and business?

- From the outset, the project has been designed not only as a freight corridor but also as a passenger railway. Its technical specifications provide for passenger train speeds of up to 120 km/h, even in the challenging mountainous terrain. In practical terms, this represents a genuine transformation. Businesspeople, engineers, and executives will be able to travel quickly and comfortably between the major commercial centers of China, Kyrgyzstan and Uzbekistan, helping to create a more integrated investment environment.

It is worth recalling that the number of joint ventures between Uzbekistan and Kyrgyzstan has already reached 450, and the launch of the railway is expected to stimulate business activity many times over. The railway will also connect the spectacular mountain landscapes of the Tian Shan, iconic destinations such as Issyk-Kul, the historic cities of the Fergana Valley, as well as Samarkand and Bukhara, through a single high-speed rail network. Tourists will be able to cross borders within a matter of hours, generating a substantial multiplier effect for tourism, the service sector, and people-to-people exchanges.

- Some experts have expressed concerns that the railway could simply turn Central Asia into a market for Chinese goods. How would you respond to such assessments?

- Such views are based on an outdated perception of Central Asia as merely a supplier of raw materials. Today's reality is fundamentally different.

First, the countries of the region are implementing ambitious industrialization programs. In recent years, Central Asia has recorded some of the highest rates of industrial growth across Eurasia. In Uzbekistan, industrial output has increased by more than 70 percent over the past eight years, while manufacturing production has nearly doubled. Today, the manufacturing sector accounts for around 80 percent of the country's total industrial output. The fastest-growing industries include machinery manufacturing, electrical engineering, chemicals, pharmaceuticals, metallurgy and textiles. At the same time, the production and export of higher value-added manufactured goods continue to expand steadily.

Kyrgyzstan has likewise demonstrated impressive industrial growth. In 2025, industrial production increased by 10.6 percent, while total industrial output has more than doubled over the past five years. Manufacturing accounted for 79.7 percent of the country's total industrial production. The strongest growth has been recorded in the food processing, chemical, pharmaceutical, construction materials, and manufacturing industries. Meanwhile, new production facilities, industrial zones, and logistics centres are being established to support international transport corridors.

Second, the benefits are mutual. Our countries will gain exceptionally fast access to China's market of more than 1.4 billion consumers, creating significant new export opportunities for agricultural products, textiles, non-ferrous metals, chemicals, electrical equipment, construction materials, and other value-added manufactured goods.

Moreover, during the recent state visit, considerable attention was devoted to the proactive development of modern industrial zones, logistics hubs and manufacturing facilities along the entire railway corridor. Uzbekistan's initiatives are specifically aimed at promoting joint manufacturing, industrial cooperation and the localization of new production chains - not at turning the region into a mere transit corridor.

In effect, a new industrial belt of Eurasia is taking shape, with Central Asia emerging not as a final consumer market but as an integral participant in global value chains. Consequently, the railway is needed not only to transport raw materials but increasingly to support the rapidly expanding industrial production of our countries. It is becoming far more than a transport corridor - it is laying the foundation for a new model of economic development in Central Asia based on industrial cooperation, higher value-added production, and deeper integration into the global economy.

- What has been accomplished on the ground so far and is there still scope to maximize the project's benefits?

- The scale of the work already underway is truly impressive and clearly demonstrates that the “project of the century” has entered its most intensive implementation phase. Construction activities are currently being carried out simultaneously at 83 of the 107 planned sites along the Kyrgyz section of the railway. More than 10,000 specialists and over 7,000 pieces of heavy construction equipment are working around the clock.

To appreciate the magnitude of this undertaking in the exceptionally challenging terrain of the Tian Shan Mountains, where construction is taking place at elevations exceeding 3,000 metres, it is enough to look at the figures. To date, more than 19.6 million cubic metres of earth have been excavated, including over 5.26 million cubic metres for the construction of the strategically important Makmal station.

At the same time, a network of 26 tunnels is under construction. More than 13.5 kilometres of the main tunnels have already been excavated, while excavation of the auxiliary adits has exceeded 51 percent of the planned volume. Approximately one-third of the tunnelling work is being carried out using advanced mechanized methods without the use of blasting technology. Construction is also underway on 38 of the 50 bridges envisaged under the project—equivalent to 76 percent of the total - with nearly 2,400 foundation piles already installed.

In other words, highly complex engineering challenges virtually unprecedented in the region - are being solved every day. The implementation of the project is simultaneously becoming the largest platform for training engineering specialists, introducing advanced construction technologies and developing new expertise in the transport sector.

Cooperation with Chinese partners, who possess world-class experience in delivering large-scale infrastructure projects under extremely challenging conditions, enables our specialists to master cutting-edge technological solutions that will subsequently be applied to other major infrastructure projects across Central Asia.

At the same time, the construction of the railway represents only the first stage of the initiative. It is equally important to begin creating the conditions that will allow the new transport corridor to generate the greatest possible economic benefits for all participating countries.

With this objective in mind, experts from the Project Office for the Development Strategy of International Digital Transport Corridors have prepared a number of practical initiatives aimed at maximizing the railway's operational efficiency.

One proposal calls for the establishment of neutral cross-border free technological zones along both the Kyrgyz–Chinese and Kyrgyz–Uzbek borders, operating under the principle of “one stop, one control”. Such an approach would substantially reduce border-crossing times while streamlining customs procedures.

A second initiative involves creating a modern cross-border free economic zone on the Kyrgyz–Uzbek border, incorporating logistics terminals, industrial facilities and processing industries. This would transform freight traffic into a source of higher value-added production, new employment opportunities, and integrated cross-border manufacturing value chains.

In addition, it has been proposed to establish a joint engineering and design bureau that would serve as a center for developing advanced technical solutions for the operation of high-altitude railways.

Another proposal envisions introducing a single digital transport document, integrating the railway administrations and customs authorities of the three participating countries into a unified digital system.

However, the project's greatest value extends far beyond transport infrastructure. The China–Kyrgyzstan–Uzbekistan railway is, in effect, creating a new model of regional development based on interconnected economies, industrial cooperation, technological partnership, and the joint utilization of the competitive advantages of our countries. It creates the conditions for Central Asia to move beyond its traditional transit role and emerge as an independent centre of manufacturing, logistics, and value creation.

Its political significance is equally important. Only a decade ago, the implementation of such an ambitious initiative would have seemed virtually impossible due to accumulated disagreements and a lack of trust among the countries of the region. Today, thanks to a consistent policy of good-neighbourliness, open dialogue, and mutual support, Central Asia is demonstrating an entirely new level of regional cooperation.

In this sense, the railway is becoming not only a symbol of transport connectivity but also a tangible embodiment of a new political culture in the region one founded on trust, pragmatism and shared responsibility for the future.

For this reason, the significance of the project will ultimately be measured not only by the millions of tons of cargo transported or the kilometres of railway constructed, but above all by the fact that it lays a durable foundation for the sustainable development, economic self-reliance, and strategic agency of Central Asia as a whole.

Transforming water from an object of competition into a factor of cooperation is a vital condition for regional stability.

Water is a precious resource and a source of life. It is not merely a natural resource but also a strategic factor that determines a country's food and energy security, economic development, environmental stability, and the well-being of its people.

Against this backdrop, there is a growing need for political dialogue and practical cooperation aimed at the rational, equitable, and mutually beneficial use of transboundary rivers and shared water resources. In other words, water diplomacy is needed to turn water into a tool of cooperation that brings states together rather than a source of conflict.

The founding documents of the Shanghai Cooperation Organization list the rational use of natural resources, including water, environmental protection, and the implementation of joint ecological programs as main areas of cooperation. Therefore, the issue of water is not a topic that was later added to the SCO agenda, but one of the organization's initial priorities.

In recent years, the political and legal foundations of this area have been further strengthened. The SCO's Dushanbe and Samarkand Declarations identified access to safe drinking water and the integrated, rational management of water resources as important conditions for sustainable development.

At the seventh meeting of the heads of ministries and agencies of SCO member states responsible for environmental protection, held in Bishkek on April 3, 2026, issues of climate change adaptation, glacier preservation, and water resource management were discussed. This indicates that the topic of water is taking on an increasingly important role in the organization's practical agenda.

At the same time, representatives of the SCO member states are seeking practical solutions to water-related issues through meetings, consultations, and negotiations in various formats. On August 7, 2026, the 94th meeting of the Interstate Commission for Water Coordination (ICWC) was held in the city of Turkestan, Republic of Kazakhstan.

The water management ministers and officials from Kazakhstan, Tajikistan, Turkmenistan, and Uzbekistan reviewed proposals for water limits and operating regimes for reservoirs in the Syr Darya and Amu Darya basins for the 2026 growing season, as well as a plan to introduce an automated water accounting system in the Syr Darya basin. The development of the document was approved, and special working group is expected to be established by September of this year.

Furthermore, the parties discussed the implementation of the $20 million Regional Cooperation for Improving the Efficiency of Water Resources Use in Central Asian Countries (CAWEC) grant project, in partnership with the World Bank, as well as the execution of tasks stemming from the decisions of the Council of Heads of the Founding States of the International Fund for Saving the Aral Sea.

With the support of the German Agency for International Cooperation (GIZ), measures are being taken to implement a pilot project to automate the water resources monitoring and accounting system at transboundary water facilities between Kazakhstan and Uzbekistan.

From August 10-12, 2026, a three-day regional training was held in Tashkent on the topic "Introduction of Water-Saving Irrigation Technologies and Digital Solutions in the Water Management Sector of Central Asia under Climate Change."

The training was organized at the initiative of the Ministry of Water Resources of the Republic of Uzbekistan, within the framework of the National Water Resources Management Project in Uzbekistan and the Blue Peace Central Asia (BPCA) project, with the participation of the "Suvchilar maktabi" (School of Water Professionals).

Water management specialists from Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan participated in the event.

The primary objective of the event was to enhance the professional capacity of water management specialists from Central Asian countries, expand the mutual exchange of experience, and strengthen practical cooperation in the efficient use of water resources, the introduction of modern irrigation technologies, and the digitalization of the sector, as well as to familiarize them with the advanced solutions being implemented in Uzbekistan.

It is important to emphasize that Uzbekistan views water diplomacy not only as an instrument of foreign policy but also as a logical continuation of the large-scale reforms being implemented domestically. Indeed, to promote the idea of efficient water use in regional dialogue, each state must first reduce water waste within its own territory and establish a modern management system.

In his Address to the Oliy Majlis and the people of Uzbekistan, President Shavkat Mirziyoyev noted that water scarcity is becoming an increasingly urgent global issue; for this reason, the rational use of water was elevated to the level of state policy from the very first days of the reforms.

The results achieved in the sector in recent years are reflected in the figures . In 2025, construction and reconstruction work was carried out at 258 irrigation and melioration facilities, and 723 kilometers of canals were lined with concrete. Additionally, 158 kilometers of irrigation and 303 kilometers of collector-drainage networks were built or reconstructed. As a result, the water supply for 364,000 hectares of land was improved, and the loss of more than 500 million cubic meters of water was prevented.

In 2026, a total of 2 trillion 199 billion soums were allocated from the state budget for construction and reconstruction work under 308 irrigation and melioration projects.

As of August 1 of the current year, construction work worth 1.3 trillion soums has been completed, which constitutes 59% of the established annual plan. Specifically, 637 kilometers of canals were lined with concrete and reconstructed. Furthermore, 52 kilometers of irrigation networks—flumes and pipes—and 27 hydraulic structures were built and reconstructed. To increase the energy efficiency of water management facilities and ensure uninterrupted water supply, pumping stations with a capacity of 13 m³/sec, 31 irrigation wells, 33 kilometers of pressure pipelines for pumping stations, and 268 kilometers of collector-drainage networks were built and reconstructed.

Significant progress is also being made in the introduction of water-saving technologies. By the end of 2025, the coverage of such technologies reached 2.6 million hectares, or 61% of irrigated areas. Of this, drip irrigation technology was introduced on 664,000 hectares. Thanks to these technologies, 3 billion cubic meters of water were saved. By the end of 2026, the goal is to increase the coverage of water-saving technologies to 3.1 million hectares and save 5 billion cubic meters of water. To date, water-saving technologies have been implemented on a total of 638,000 hectares across the republic.

These figures are significant not only for the national economy but also for the regional water balance. Every cubic meter of water saved in one country reduces the pressure on the entire basin. In this sense, lining irrigation canals with concrete and implementing water-saving technologies are not only national-level initiatives but also diplomatic contributions that strengthen regional trust.

To manage water effectively, it must be accurately measured. Where there is no accounting, it is difficult to assess savings, identify losses, and ensure fair distribution.

From this perspective, the digitalization efforts underway in Uzbekistan's water management sector not only increase the efficiency of domestic management but also create a technological foundation for the reliable exchange of transboundary water data in the future.

In 2025, the Center for Digitalization and Monitoring of Water Management was established, and a modern Situational Center was launched to consolidate industry data at a single point. Ten information systems were introduced. The "State Water Cadastre" and "Melioration" information systems were enhanced with the capability to analyze data, generate forecasts, and develop recommendations using artificial intelligence.

Forty-four sensors were installed in reservoirs, enabling remote monitoring of water levels and volumes. A design organization is conducting nationwide studies for the installation of 272 devices to measure water intake across the state border in real time, as well as for the installation of specialized equipment at 1,895 points for the online management and monitoring of inter-district water resources.

The significance of such projects goes beyond technical convenience. Reliable real-time data increases transparency in water distribution, reduces the human factor, and prevents contentious situations.

In the future, it may be possible to coordinate the national information systems of the SCO member states. This does not mean transferring all data to a single center. On the contrary, it envisions the formation of a mechanism for exchanging necessary hydrological indicators in an agreed-upon format, while respecting the sovereignty and national legislation of each state.

The water-energy-food nexus is a prerequisite for sustainable development. Within the framework of the SCO, it is advisable to form a permanent mechanism that integrates cooperation between water, energy, and agriculture agencies. Such a mechanism would enable the joint analysis of seasonal reservoir operation, electricity exchange, irrigation needs, and ecological flows.

The SCO region has accumulated extensive experience in using drip and sprinkler irrigation, canal lining, closed pipeline networks, smart water meters, energy-efficient pumps, and forecasting systems based on artificial intelligence.

By consolidating this experience, it is possible to implement model projects adapted to various climatic conditions. For example, within the SCO, it would be beneficial to establish pilot zones to demonstrate water-saving technologies, train specialists and farmers, and evaluate the results based on a unified methodology.

Sound decisions on water issues must be based on scientific research. Therefore, it is important to implement joint scientific programs among the research institutes, universities, and water management organizations of the SCO countries.

When managing water resources, considering only today's needs is insufficient. The impact of every decision on future generations, natural ecosystems, and the interests of neighboring states must also be thoroughly assessed.

Today, it is not enough to view water diplomacy solely as a means of preventing conflict. It must also stimulate economic development, attract investment, accelerate the exchange of technologies, and strengthen food and energy security.

The SCO is a major regional structure capable of uniting these opportunities. Cooperation within the Organization must transition from negotiations over water distribution to the stage of creating common economic benefits and ensuring sustainable development through water.

Indeed, water does not recognize state borders. Its flow interconnects the destinies, well-being, and futures of peoples.

The rational use of water is economic development, its just management is good neighborliness, and conserving every drop is our shared responsibility for the future.

Zokir Ishpulatov,

First Deputy Minister of Water Management of the

Republic of Uzbekistan

The Fifth Tashkent International Investment Forum will take place on June 16–19, 2026. This year’s theme – “Investment Resilience: New Frontiers, New Partnerships” – frames the agenda around a set of pressing questions: how to protect capital amid global uncertainty, what institutional mechanisms enhance investment resilience in frontier markets, and where the new partnership routes lie.

The forum’s context is set by macroeconomic results. According to the National Statistics Committee, Uzbekistan’s GDP grew by 7.7% in 2025 and exceeded $147 billion – the fastest pace since 2021 and among the highest in the Europe and Central Asia region. Fitch Ratings and S&P Global upgraded the country’s sovereign rating from BB– to BB for the first time, while Moody’s revised its outlook to “positive.” International reserves, per the Central Bank, surpass $77 billion. Exports rose 24% to $33.8 billion. Foreign direct investment increased by 46.9%, with FDI accounting for 40.5% of total capital investment. For an economy that attracted only $4 billion in annual foreign investment in 2017, the surge to $42 billion by 2025 represents a fundamentally different scale of growth. This tenfold increase over eight years underscores a profound transformation in the nation's investment landscape.

The forum is scaling alongside the economy. Last year’s TIIF drew over 8,000 participants, including some 3,000 international delegates from 97 countries. Guests included Bulgarian President Rumen Radev, Slovak Prime Minister Robert Fico, heads of government from all Central Asian states, EBRD President Odile Renaud-Basso, and New Development Bank President Dilma Rousseff. The aggregate value of signed investment contracts and trade agreements reached $30.5 billion. Yet what best speaks to the platform’s maturity is not the number of signings but the conversion rate – the share of agreements that translate into operating assets is increasingly the metric that matters to returning investors.

The centrepiece of this year’s forum will be the Tashkent International Financial Centre (TIFC), established by presidential decree in March 2026. Behind the headline sits a specific institutional architecture: a special legal regime based on common-law principles, a dedicated financial services regulator, an arbitration centre (TIAC), and tax exemptions through 2076. TIFC is part of a global trend toward specialised financial hubs that offer international market participants a familiar legal environment and regulatory predictability. Its defining feature is integration within the country’s legal framework: the centre operates under a special legal regime rather than creating a separate jurisdiction, reducing regulatory fragmentation and simplifying engagement with the domestic economy. A panel session featuring leaders of major global financial centres and international investors operating in Uzbekistan will address the central question: what are the practical conditions under which TIFC can attract international market participants.

The TIIF 2026 programme is structured around four thematic pillars: investment resilience and capital protection mechanisms, financial infrastructure and capital market development, trade connectivity and logistics corridors, and energy transition and climate finance. Key sessions include a discussion of the regulatory framework for alternative investment funds (a legal basis for private equity and venture capital being adopted for the first time), a panel on the Middle Corridor and trans-Caspian logistics, a session on sovereign ratings across Central Asia, and a practitioner-led workshop on blended finance instruments in frontier markets. A dedicated arbitration and dispute resolution track features two panel sessions co-organised with the Tashkent International Arbitration Centre (TIAC), the British-Uzbek Legal Association (BrULA), and the British Embassy. Topics range from the institutional design of Uzbekistan’s arbitration ecosystem – including the innovative Dispute Avoidance Protocol (DAP) – to the country’s positioning within the global investment protection architecture: ISDS frameworks, bilateral investment treaty reform, and New York Convention enforcement.

The energy agenda warrants particular attention. Uzbekistan has set an ambitious target of raising the share of renewables in electricity generation to 54% by 2030. Currently, the country operates solar and wind facilities with a combined installed capacity exceeding 4 GW, with a project pipeline envisaging an additional 19 GW of green capacity. Alongside this, the public-private partnership mechanism continues to develop: as of early 2025, PPP agreements worth approximately $28 billion had been signed in the country. For investors, this represents a large, structured market with standardised PPA contracts and a clear entry mechanism – a subject that will be examined in detail during the forum’s energy panel.

TIIF 2026 retains its bilateral business forum format, reflecting the expanding geography of Uzbekistan’s economic partnerships. Confirmed platforms include business forums with the Republic of Korea, the United States, Croatia, Hungary, Turkey, and Albania, as well as a China–SCO countries investment dialogue; the lineup continues to grow as the event approaches. The plenary session featuring heads of state and government will set the tone for the business programme. Running in parallel is an exhibition of industrial and investment potential spanning approximately 6,000 sq m – in 2025, a comparable facility facilitated over 500 B2B and B2G meetings for 100 participating companies.

At the same time, the forum agenda implicitly flags unresolved challenges. The corporate governance session raises the question of transitioning from concentrated to dispersed ownership – a process without which the stock market will remain illiquid. The discussion of privatisation and state asset IPOs calls for a candid conversation about pacing and institutional quality. The responsible business conduct panel, anchored in OECD standards, recognises that tax incentives alone are insufficient for accessing institutional capital – what is needed is verifiable supply chain transparency and functioning National Contact Point mechanisms.

The business programme is complemented by networking formats: an FIC and EY business breakfast on digitalisation and AI, the annual SQB Investor Day, an ESG Award ceremony, and the European Business Evening. The informal component – an invitational tennis tournament, TIIF Open, and an evening run – is designed for delegates who prefer to build relationships beyond the conference hall. The anniversary evening concludes with a collaboration with the Stihia electronic music festival – a detail that captures the tone in which Uzbekistan presents itself to an international audience.

For Uzbekistan, TIIF has long ceased to be a showcase. It is a working instrument of investment policy, whose effectiveness is measured not by the number of signing ceremonies but by the volume of capital that actually enters the economy between forums. The fifth, anniversary edition takes place at a moment when the country is simultaneously launching an international financial centre, adopting an alternative investment funds law, and receiving a sovereign rating upgrade – a convergence that creates a window of opportunity for investors prepared to operate in frontier markets with a growing institutional base.