On 24 October 2025, Uzbekistan and the European Union signed the Enhanced Partnership and Cooperation Agreement (EPCA) — a comprehensive framework that culminates negotiations launched in February 2019 and initialled in July 2022. More than a ceremonial milestone, the EPCA codifies a strategic upgrade in our relationship with the EU. It is broad in scope — nine titles, 356 articles, and 14 annexes — and practical in ambition: to align our cooperation with the realities of a rapidly changing world economy while reinforcing the rule-of-law foundations of sustainable development at home.

The agreement’s timing is revealing. Uzbekistan’s recent balanced, multi-vector foreign policy and people-centred reforms — strengthening the rule of law, expanding public administration openness, and advancing market reforms — have laid the necessary groundwork. These steps in human rights and governance have increased international confidence, enabling a rules-based partnership with Europe. The EPCA is both a vote of confidence in Uzbekistan’s reform trajectory and a tangible roadmap to deliver measurable outcomes.

Economically, the EPCA offers a clear pathway for integration and growth. It promotes approximation to EU norms on technical regulations, product safety, and sanitary and phytosanitary measures. The agreement is designed to reduce non-tariff barriers, simplify border procedures, and make our exporters more competitive in the EU market. It encourages joint ventures and industrial clustering, extends agro-processing and manufacturing value chains, and supports energy efficiency and industrial modernisation. In short: more trade, more investment, and more quality jobs at home.

Human capital is an equally central pillar. The EPCA expands cooperation across education, science, skills development, and public health. It encourages joint university programmes, faculty and student exchanges, and research grants — mechanisms that accelerate knowledge transfer and help align our skills base with the demands of a digital and green economy. The spillovers are immediate and tangible: better public services, higher productivity, and new career pathways for our young people.

The rule-of-law dimension is another strategic gain. Deeper cooperation on judicial reform, anti-corruption, data protection, and cybersecurity increases predictability for investors and protections for citizens. The agreement’s chapter on foreign and security policy expands dialogue on conflict prevention, crisis management, non-proliferation, and export controls. This cooperation supports regional stability, which is essential for long-term growth.

Connectivity is the backbone that makes these ambitions feasible. Through synergies with the EU’s Global Gateway initiative and the Trans-Caspian Transport Corridor, the EPCA supports logistics hubs, border modernisation, and greener infrastructure. Better connectivity means lower trade costs, faster delivery times, and diversified export routes — practical levers for competitiveness. It also enables cooperation on water management, climate adaptation, and resilient energy systems — strategic priorities for a land-linked Central Asian economy.

Critically, the EPCA opens structured avenues for collaboration on critical raw materials needed for the green and digital transitions. This builds on the EU-Uzbekistan memorandum of understanding signed in 2024. It creates opportunities to upgrade domestic standards, attract responsible investment, and join higher segments of global value chains, while maintaining environmental and social safeguards.

Beyond the text, the joint statement issued at the signing underscores a shared commitment to the UN Charter and to the principles of independence, sovereignty, and territorial integrity — principles that guide our positions in international fora. It also welcomes the outcomes of the EU–Central Asia Summit, including plans for a Central Asia–EU Economic Forum and a Trans-Caspian Connectivity Investors Forum in Tashkent in 2025. In short, the EPCA is embedded in a wider, forward-looking regional agenda.

In practical terms, success requires implementation of three clear priorities: coordinated institution building, enhanced business support, and transparent, data-driven tracking. These will ensure commitments translate to outcomes.

First, institutional coordination. Translating commitments into outcomes requires a whole-of-government mechanism with clear mandates, timelines, and dashboards. A national EPCA coordination council, supported by technical working groups, should steer approximation to EU standards, monitor progress, and troubleshoot bottlenecks.

Second, business enablement. Firms need guidance to navigate new standards and opportunities. An 'EU Helpdesk' for exporters and investors would offer practical advice on certification, rules of origin, and compliance. This would turn legal text into business practice. Expanding the capacity of testing, inspection, and certification bodies will further reduce transaction costs and speed market entry.

Third, open, data-driven delivery. Customs and trade facilitation should be fully digitised through single-window systems and interoperable data exchange. Regular public reporting on milestones — such as education partnerships, financed projects, and adopted standards — will sustain credibility and invite feedback from business and civil society.

The EPCA also aligns with Uzbekistan’s WTO accession path by encouraging market-based reforms and transparent, rules-based trade. As reforms deepen, our economy will see more diversified exports, stronger investor protections, and a more competitive domestic market. These outcomes raise household incomes and expand opportunity.

This agreement is ambitious by design. Ambition alone is empty; execution alone is stagnant. The EPCA combines both — setting a high bar and supplying the means to reach it. By acting decisively, we turn this framework into a catalyst for inclusive growth, institutional maturity, and global credibility.

Ultimately, the EPCA is more than a diplomatic success; it is the engine for Uzbekistan’s reform agenda. By linking citizen welfare, business competitiveness, and international engagement, the EPCA puts us on a path to fundamental transformation. The critical task ahead is to deliver on this promise and make the Uzbekistan-EU partnership impactful and enduring.

By Eldor Tulyakov,

Executive Director, Development Strategy Centre, Uzbekistan

Amir Temur occupies a place in world history not only as a great commander and statesman who built a powerful and prosperous state. The great ruler turned his capital, Samarkand, into one of the cultural, architectural, scientific and spiritual centers of the world.

Therefore, the study of Amir Temur's exemplary life and statecraft, the history of his reign, the study of science and culture in it, as one of the major scientific directions of historiography, has always been and remains the focus of attention of world scientists, heads of state, and politicians. Also, sources on the history of the Timurids have been translated into various languages and scientific research has been carried out worldwide.

The number of publications on the study of the era of Amir Temur is increasing day by day in world historiography. Ultimately, an independent scientific direction of "Temur studies" has been formed in world social science.

Today, no one doubts the immeasurable contribution of Amir Temur and the Temurid dynasty to the development of world civilization, to the sharp rise in the scientific, political-legal, spiritual-ideal, cultural and intellectual level of humanity. It should be noted that the Timurid Renaissance was recognized by the whole world. The fact that the French scientist Vincent Fournier was the first to use the phrase "Temurid Renaissance" is evidence of this.

The world community recognizes the Timurid era as an era that was reflected in the development of science, culture, art and literature, as well as great discoveries and inventions, and our people as a people who have founded the Renaissance twice so far. That is, it is commendable that our people rightfully belong to the small number of "peoples who were able to create a Renaissance" in the full sense of the word.

In this sense, it is considered that there is every reason to believe that the efforts of President Shavkat Mirziyoyev to create a new Renaissance in New Uzbekistan, that is, the foundation of the Third Renaissance, through large-scale democratic changes in our country, including reforms in the fields of science and education, will yield the expected results.

One of the greatest services of the Leader of the Nation to our people is the restoration of the dignity and broken national pride of our people, who have lost hope in their own country, who have lost hope in a prosperous and good life, and who have lost faith in the future, the formation of a consciousness specific to New Uzbekistan, the subsequent elevation of their spirits, and the return of respect for spiritual and educational values ​​and historical figures.

At a new stage of the development of the Republic of Uzbekistan, along with radical renewal and improvement in every sphere of the state and society, comprehensive measures are being implemented to strengthen national statehood, establish a stable track and develop the political, legal, economic and social life of our country.

In particular, in historiography, a wide path has been opened for studying the history of our ancestors, giving them a correct and objective scientific assessment, and on this basis restoring our national values. Because, as the President of Uzbekistan emphasized: “We have a great history that is worth admiring. We have great ancestors that are worth admiring.”

Amir Temur: "I declare peace and tranquility!"

At the current stage of the development of new Uzbekistan, it is very important that the period of Uzbek diplomacy from ancient times to the present day - the formation and development of independent Uzbek diplomacy - is comprehensively and systematically studied. In particular, the book "History of Uzbek diplomacy", published in 2022, is the VII volume of the "History of Uzbekistan" multi-volume work. The book is a practical response to the proposals made by President Shavkat Mirziyoyev at a meeting with Uzbek diplomats in January 2018.

The publication of a book on the history of Uzbek diplomacy is a major political event. As the head of our state noted, "our national statehood has a history of several thousand years and a rich culture. Therefore, diplomatic relations also go back to the deepest layers of our history. This fact is widely recognized not only by our country, but also by scientists from around the world."

One of the most striking qualities of our great ancestor, Sahibkiran Amir Temur, is that six centuries ago he deeply understood that the development of mutually beneficial cooperation between states, the strengthening of friendship and solidarity between distant and close peoples was an important factor in ensuring the prospects of his empire. Therefore, he carried out great works that served to connect Europe and Asia. On the one hand, he established contacts with China, India, on the other hand, France, Spain, England and other countries and sought to strengthen these relations.

As recognized on a scientific basis by our country's scientists and foreign experts, Amir Temur also left a deep mark in history as the most skillful diplomat of his time. As a great statesman, Sahibkiran skillfully combined the peaceful path of diplomacy and military measures in achieving his goals.

The great empire built by Amir Temur since that time has attracted not only neighboring countries and their kings, but also rulers of distant lands. Historical documents indicate that from the 70s of the 14th century, representatives of European countries came to Transoxiana and were seriously interested in the power and potential of the new, independent state here.

Sahibkiran, in turn, especially after the formation of a powerful empire, established active diplomatic relations with almost all major states of that time and their rulers. He sent his ambassadors to various countries, as well as received foreign ambassadors sent to him.

Amir Temur sent ambassadors to the court of Don Enrique III of Castile and Leon (in some sources - King Henry III of Spain), the ruler of France Charles VI (in some sources - Charles VI), and the king of England Henry IV, who, in turn, received ambassadors from Spain, France, England, China and a number of others - a total of more than 20 foreign states - in his capital Samarkand, which clearly confirms this idea.

According to historical sources, on July 28, 1402, the Ambassadors of King Don Enrique III of Castile and Leon, who were present at the presence of Amir Temur, included Payo de Soto Mayor and Hernan Sanchez de Palazuelos. When the time came for the ambassadors to return, Sahibkiran sent one of the capable beys, Muhammad Keshi, with letters and gifts to Castile as an Ambassador with them, in order to further strengthen relations between the two states. Muhammad Keshi arrived there safely and handed over the letters and gifts to Don Enrique III.

It is known that Amir Temur recruited Nasaf and Kesh scholars, capable individuals knowledgeable in religious and secular sciences, and proficient in foreign languages ​​to his palace. They performed various duties, including the duties of Ambassador. For example, Muhammad Keshi lived in Spain for some time as Sahibqiran's ambassador, while Maulana Abdullah Keshi was sent by Amir Temur as an ambassador to Faraj, the Sultan of Egypt.

Amir Temur usually sent Christian leaders to European countries as ambassadors. Of the Muslim diplomats, only Muhammad Keshi managed to go to Europe. This also indicates his ability, knowledge of several languages, probably one of the European languages.

At that time, the fame of Amir Temur had spread throughout Europe. Therefore, Muhammad Keshi was received with great respect by the King of Castile, Don Enrique III. He attended receptions at the Royal Palace and in the palaces of the great nobles. The King accompanied him to Samarkand with his ambassadors, led by Rui Gonzalez de Clavijo, and respectfully escorted him.

One of the distinctive features of Amir Temur's diplomacy was that in all his addresses, even in letters written in the form of strict demands, he adhered to the etiquette of Eastern diplomacy. It is not difficult to learn from historical letters that have survived from those times that Sahibkiran always responded to the letters of the rulers of some countries, written in a rude manner, sometimes with anger and ignorance, expressing his opinion clearly, with culture and decency. The fact that Amir Temur's letter to the French King Charles VI contains the words "I declare peace and tranquility!" clearly confirms this.

Diplomatic correspondence of Amir Temur

The correspondence that has survived from that time to the present clearly testifies to the skillful diplomatic activity of Amir Temur and the Temurids. Currently, 4 letters are kept in the National Archives of France:

the first is the original copy of Amir Temur's letter to the French King Charles IV in Persian;

the second is a copy of this letter translated into Latin by Archbishop John himself or one of his contemporaries;

the third, a copy of a letter written in Latin by the French King Charles IV to Amir Temur;

the fourth, a Latin translation of a letter sent by Mironshah Mirzo to three European kings. The original copy was kept by John and later shown to the King of England.

When it comes to the study of relations between Amir Temur and Europe during the former Soviet era, it is worth noting that I. Umnyakov's article "International relations of Central Asia at the beginning of the 15th century. Amir Temur's relations with Byzantium and France" and other works are quite informative.

Amir Temur also conducted diplomatic correspondence with distant states of Western Europe, in particular, with the representative of the Valois dynasty - King Charles VI of France (1380-1422) and King Henry IV of England (1399-1413). The first brief information about the correspondence between Amir Temur and Charles VI in 1402-1403 was provided by the French historian Flossant, who lived at the beginning of the 19th century, in his research published in 1811.

Amir Temur's letter to Charles VI was written in Persian, in an unusual style, not similar to the style of the rulers of the East. The letter mentions that "the preacher Francis" brought letters to Amir Temur from the French king.

As far as we know, there was no official exchange of ambassadors between Amir Temur and Charles VI, as there was between King Henry III of Castile. At the same time, the text of the letter suggests that Amir Temur had previously received letters from France. However, these letters have not reached us.

There is no doubt that this letter is an original. This is clearly confirmed by the fact that Amir Temur's miraculous seal is stamped on two places on the letter. The fact that the seal on the letter actually belongs to Sahibkiran has been proven by most historians, including Ambassador Clavijo and historian Ibn Arabshah.

An important point is that Clavijo is one of the few, that is, one of four people who saw Amir Temur and wrote memoirs based on direct conversations with him. This fact further increases the authenticity of the diaries of the Spanish Ambassador, as well as the memoirs created by Ibn Arabshah, Ibn Khaldun, and Archbishop John. Therefore, honesty is the path to truth and justice.

The National Library in Paris preserves the second letter of Amir Temur to Charles VI. The Latin translation of this letter has come down to us, first published by Sylvester de Sacy.

At the same time, there is also a Latin translation of the letter sent by Charles VI to Amir Temur. This is a unique document of particular value as the only letter from the French king to Sahibkiran that has survived to this day. While both letters of Amir Temur are dated August 1, 1402, the letter of Charles VI is dated June 15, 1403.

The foreign policy and diplomatic correspondence of His Majesty Amir Temur have been and are being studied in detail by scholars around the world, including specialists from our country. Some time ago, when I met with Jean-Louis Bacquet-Grammon, a well-known French orientalist and orientalist, in Paris, he presented me with a rare copy of the book "Amir Temur's Campaign in Anatolia (1402)" written by the Romanian historian and Turkologist Maria-Matilda Alexandrescu-Dersca, published in 1942.

Despite the fact that Amir Temur's letters were written almost seven centuries ago, some of their aspects resonate as an extremely important call for our day: it is understood that the prosperity of the world with merchants, the glory of the empire is determined primarily by recognizing the glory of other empires, respecting the dignity of citizens, regardless of official and unofficial differences, and firmly adhering to human rights and freedoms.

In addition, as material evidence of the diplomatic correspondence of the Timurids, one can cite the letters between Amir Timur and his third son, the ruler of Western Iran, Iraq and Azerbaijan, Miranshah Mirza, and the kings of France, England, Castile and other countries. Some of these letters are kept in the French National Archives, the British Museum and the Spanish archives.

The diplomatic correspondence of Amir Timur and the Timurids clearly shows, firstly, that Europe has always reached out to the East, which awakened long before it, and secondly, that the East also sought to establish contacts with these countries, cooperate, establish trade and commerce, and, despite religious differences, honor merchants and protect their rights.

Akmal SAIDOV,

academician

The President got acquainted with the construction of transportation infrastructure and engineering communications in New Tashkent.

As is known, the city under construction is designed for 1 million residents, which requires appropriate infrastructure with a view of long-term operation. In this regard, major underground engineering works are underway, laying the foundation for future grandiose constructions.

It is planned that infrastructure, daily life and ecology will harmoniously coexist in the new city. For instance, it is planned to create an environmentally friendly transportation system - metro and electric buses will be closely interconnected. For transportation 14 tunnels will be built, underground parking lots for 100 thousand cars will be equipped. In addition, all conditions will be created for barrier-free and safe movement of pedestrians and cyclists.

At one of the future intersections, foundation pouring for columns and waterproofing works are already underway. The President reviewed these processes. Recommendations were given on the use of high-quality and resistant materials.

Currently, the construction of one-section and two-section engineering collectors has begun, through which all centralized heating, water, electricity and telecommunications networks will pass underground.

The city will apply “smart” technologies in line with modern urbanization requirements. For the first time in the country, a “trigeneration” plant will be built here. Wastewater will be processed using modern technologies, and the resulting water will be used for irrigation and technical needs.

The President was also presented with the projects envisioned within the framework of the first stage of construction of New Tashkent. The winners of the auctions at which land plots were offered presented their investment initiatives.

Many local and foreign investors are interested in New Tashkent. Within the framework of the first phase, 11 mixed-use complexes, as well as hotels and restaurants have already been launched at a total cost of $490 million. Residential and commercial facilities as well as social institutions will make the neighborhood lively and attractive. Meanwhile, hotels and restaurants built in a unique architectural style will provide high-class service to guests and turn the city into a tourist center.

Next year, land plots for subsequent phases will be put up for bidding. Each phase will present new investment opportunities and projects. This will not only contribute to the further development of the city, but also create many new jobs and support local businesses.

In general, it is planned to create about 200 thousand high-income jobs in New Tashkent through the introduction of innovative technologies. Technoparks, IT-park, educational and medical clusters will be created for this purpose.

The head of our state familiarized himself with the presentation on the development of master plans of districts and cities.

This task was set at the video conference call dedicated to priority tasks in the economy, which took place on January 16 this year. The responsible persons presented information on the work done, as well as the expected results from the implementation of master plans.

During this time master plans were developed for 14 districts and cities. They provide for the construction of 759 apartment buildings, 22 shopping centers and more than 800 service facilities.

In addition, 136 more master plans are planned based on driver areas in 112 neighborhoods.

For example, 38 high-growth neighborhoods need to build sufficient housing, public spaces and recreational parks.

In 20 districts with high tourism potential, there is an opportunity to increase the flow of tourists by 2.5 times by increasing the number of hotels and developing ecological, hunting, medical, sports and extreme tourism.

More than 400 motels, campgrounds, canteens, stores and car services can be created in 68 districts, through which main roads pass.

In general, thanks to the projects based on master plans, 40 thousand jobs are expected to be created, as well as annual budget revenues of 350 billion soums.

The head of our state emphasized the need to accelerate the creation of convenient infrastructure, shopping and entertainment places, as well as high-income jobs for the population.

The task has been set to create a vertical system of development and monitoring of master plans.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Dunyo IA

In recent years, the Republic of Uzbekistan has embarked on a structured and institutionally grounded transition toward a green economy, positioning sustainability as a core driver of long-term economic resilience, competitiveness, and global integration.

This transformation reflects a comprehensive approach that combines policy reform, market-based instruments, and active international cooperation, enabling the country to move from strategic commitments to measurable outcomes.

The foundation of Uzbekistan’s green transition was laid through the adoption of a comprehensive policy framework in 2022, which established strategic priorities for green growth through 2030. This framework includes sectoral energy efficiency concepts, a national green growth program, and a detailed action plan.

Importantly, the government has set clear quantitative targets, including reducing the energy intensity of GDP by 20 percent by 2026 compared to 2022 levels. Institutional capacity has also been strengthened through the establishment of interagency coordination mechanisms and donor engagement platforms, ensuring coherent implementation across sectors. 

A major milestone in the reform process has been the introduction of a green energy certificate system, which enables verification that electricity is generated from renewable sources. This system has facilitated the development of a transparent renewable energy market and strengthened the ability of domestic producers to access environmentally regulated export markets.

To date, more than 446,000 green energy certificates have been issued and traded, reflecting growing demand for clean energy solutions and increasing private sector engagement.

Uzbekistan has taken a pioneering role in Central Asia in developing carbon market mechanisms. In cooperation with the World Bank, the country is implementing innovative approaches to carbon trading in line with Article 6 of the Paris Agreement.

Through initiatives such as the iCRAFT project, supported by the Transformative Carbon Asset Facility (TCAF), Uzbekistan is mobilizing up to $46.2 million in climate finance between 2024 and 2028. Initial results include the reduction of approximately 10 million tons of CO₂-equivalent emissions and the attraction of around $15 million in funding.

At the same time, regulatory frameworks for international carbon trading and emissions accounting are being developed, positioning Uzbekistan for full participation in global carbon markets. 

A key achievement has been the adoption of the Law on Limiting Greenhouse Gas Emissions in 2025, which establishes the legal foundation for emissions regulation, national registries, and climate policy instruments.

Complementing this, Uzbekistan has introduced a national transparency system to monitor progress toward its Nationally Determined Contributions (NDCs). This system enhances data reliability, strengthens accountability, and builds trust among international investors and development partners. 

Uzbekistan is actively developing a national green finance ecosystem aimed at mobilizing public, private, and international capital. Policy efforts include the development of green financing frameworks, institutional mechanisms, and project pipelines.

International partners play a critical role in this process. Cooperation with institutions such as the European Bank for Reconstruction and Development has enabled the implementation of green financing programs, including the Green Economy Financing Facility (GEFF), channeling substantial resources into energy efficiency and sustainable technologies.

Furthermore, Uzbekistan’s participation in the Climate Investment Funds Industrial Decarbonization Program provides access to up to $250 million in concessional financing, significantly expanding the scale of green investments. 

The transition to a green economy is closely linked to industrial modernization.

Uzbekistan is implementing targeted programs to support enterprises in adopting low-carbon technologies, improving resource efficiency, and enhancing competitiveness.

Partnerships with international organizations, including German development institutions, are facilitating policy development, capacity building, and practical support for small and medium-sized enterprises in reducing emissions and transitioning to sustainable production models.

Uzbekistan continues to strengthen its role in global climate governance through active international engagement. The country has joined the Global Methane Pledge, committing to reduce methane emissions by at least 30 percent by 2030.

Bilateral cooperation is expanding through mechanisms such as the Joint Crediting Mechanism (JCM) with Japan, as well as climate partnerships with the Republic of Korea, Germany, and Hungary under the Paris Agreement framework.

In addition, the Ministry of Economy and Finance has joined the Coalition of Finance Ministers for Climate Action, reflecting the integration of climate considerations into macroeconomic and fiscal policy. 

Digital transformation plays an increasingly important role in supporting green reforms. Uzbekistan has launched a national online platform that consolidates data on green projects, regulatory frameworks, and international practices.

This digital infrastructure enhances transparency, supports evidence-based policymaking, and improves coordination across institutions.

Uzbekistan’s transition to a green economy represents a comprehensive and forward-looking reform agenda that integrates institutional development, market mechanisms, and international cooperation.

The progress achieved to date demonstrates a clear shift from policy design to effective implementation. By strengthening governance frameworks, mobilizing green finance, and fostering global partnerships, Uzbekistan is building a resilient and sustainable economic model.

In the long term, the green transition is expected to serve not only as an environmental imperative but also as a key driver of economic growth, investment attractiveness, and deeper integration into the global economy.

Ministry of Economy and Finance

of the Republic of Uzbekistan

On August 13, President Shavkat Mirziyoyev familiarized himself with a presentation on measures to develop artificial intelligence technologies and IT startups.

Information technologies are developing rapidly in our country and are being introduced into all spheres. As a result, the volume of digital services exceeded 21 trillion soums only in the past period of this year, and by the end of the year it is expected to reach 43 trillion soums. Export of services of the sphere amounted to 367 million dollars. The number of IT park residents increased by 577 and exceeded 2 thousand. The number of young people working in them reached 32 thousand.

This year, more than 100 digitalization projects are being implemented in health care, energy, transport, education, agriculture, water management, construction and others.

Times are changing rapidly. Artificial intelligence and digital technologies are penetrating into all spheres. A number of projects have also been launched in this direction in our country.

For example, “My ID” and “UzFace” solutions have been implemented in more than 70 organizations, banks, marketplaces and payment systems, and the possibility of remote biometric identification of 10 million users has been created. “Uzbekcosmos” with the help of artificial intelligence identified about 43 thousand cases of illegal use of subsoil and unauthorized construction.

The presentation considered measures to develop artificial intelligence technologies in such areas as health care, agriculture, banking, tax, customs.

It was noted that first of all it is necessary to create a legislative base for artificial intelligence. The task was set to develop a strategy for the introduction of artificial intelligence and a two-year program of projects. The Center for Artificial Intelligence Technologies was assigned to be created.

In particular, the need to expand the application of artificial intelligence in banking and finance, training of specialized personnel and professional development of employees was emphasized.

At present, the personnel on artificial intelligence is trained in 4 universities. There is a need for 600 specialists in big data processing and language models. This number will increase many times in the coming years. Taking this into account, the importance of training specialists corresponding to the needs in terms of industries was emphasized.

All leading IT companies of the world started their activities from a startup. We are also taking the first steps in this direction. Last year, the volume of venture investments attracted in such projects amounted to 134 million dollars.

The head of state emphasized that it is time to create broad conditions for venture investments to finance startup projects. In this regard, instructions have been given to develop the startup ecosystem and introduce venture capital financing mechanisms.

On the Inaugural Meeting of the Peace Council in Washington

At the invitation of the President of the United States Donald Trump, President of the Republic of Uzbekistan Shavkat Mirziyoyev paid a working visit to Washington on February 17–19 to participate in the inaugural meeting of the Peace Council. The visit combined a substantive political agenda with an extensive economic program and resulted in a number of agreements aimed at further strengthening Uzbek-American strategic partnership and expanding bilateral cooperation across key sectors.

Expanding Participation in Addressing Global Challenges

The Peace Council is an intergovernmental initiative put forward by President Trump within the framework of the Gaza peace plan endorsed by the UN Security Council in November 2025. The establishment of this platform is intended not only to coordinate humanitarian assistance but also to create institutional mechanisms for long-term stabilization, reconstruction, and socio-economic recovery of the Gaza Strip, while reducing the risks of renewed escalation in the Middle East.

The Charter of the Peace Council was signed on January 22, 2026, on the sidelines of the World Economic Forum in Davos. Signatories included leaders and representatives of Azerbaijan, Argentina, Armenia, Bahrain, Bulgaria, Hungary, Indonesia, Jordan, Kazakhstan, Qatar, Morocco, Mongolia, the United Arab Emirates, Pakistan, Paraguay, Saudi Arabia, Türkiye, Uzbekistan, and Kosovo. Subsequently, Belarus, Albania, Cambodia, Egypt, El Salvador, Jordan, and Kuwait officially joined the group of founding states, expanding the Council’s geographic and political representation.

By joining the founding members at the invitation of the U.S. President, Uzbekistan reaffirmed its commitment to peaceful diplomacy, respect for international law, and shared responsibility for maintaining global stability. Uzbekistan recognized Palestine in 1994 and consistently supports the right of the Palestinian people to establish an independent state in accordance with international legal norms and UN resolutions.

Uzbekistan’s policy toward Gaza combines principled political positioning with practical humanitarian engagement. In 2023, Uzbekistan allocated $1.5 mln through UNRWA. In December 2023, 100 wounded Palestinian women and children were evacuated and provided with medical treatment and rehabilitation services. In 2025, Uzbekistan developed a comprehensive state support mechanism for Palestinian citizens received in the country, including asylum procedures, access to healthcare, education for children, and employment assistance. A dedicated fund under the National Agency for Social Protection was established to finance these measures through budgetary and charitable resources.

The inaugural meeting of the Peace Council held on February 19 in Washington brought together leaders and representatives of more than 40 countries. Discussions focused on humanitarian relief, infrastructure restoration, and ensuring the sustainability of the post-conflict recovery process. At the opening of the session, President Trump announced that nine countries – Kazakhstan, Azerbaijan, the UAE, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait – had jointly pledged $7 bn in assistance to Gaza, while the United States committed an additional $10 bn to support the Council’s activities.

In his address, President Mirziyoyev expressed full support for the peace initiative and confirmed Uzbekistan’s readiness to participate practically in its implementation. Particular emphasis was placed on the principle that any external governance framework for Gaza must rely on internal public support in order to ensure legitimacy, stability, and long-term effectiveness.

Highlighting the importance of coordinated international efforts, the President noted that joint actions would help secure the sustainability of the post-conflict process and accelerate socio-economic recovery. Uzbekistan also declared its readiness to contribute to the construction of residential housing, schools, kindergartens, and healthcare facilities in Gaza, thereby supporting both humanitarian and development objectives.

The Palestinian and Gaza issue has remained on the international agenda for decades without a comprehensive solution. In this context, the creation of the Peace Council represents one of the most structured multilateral attempts in recent years to address the crisis, while Uzbekistan’s participation among the founding states reflects the growing recognition of its constructive diplomatic role.

Expanding Trade and Economic Cooperation

Alongside political dialogue, the economic dimension of the visit formed a central pillar of bilateral engagement. In recent years, Uzbekistan and the United States have steadily restored institutional mechanisms of strategic partnership and expanded practical cooperation.

Cooperation with the U.S. Export-Import Bank resumed in 2017 after a 13-year hiatus. Agreements were concluded between Amazon and Uztrade, while science, technology, and economic modernization were identified among priority cooperation areas. In 2018, a $100 mln memorandum on trade financing was signed between Eximbank and Uzbekistan’s National Bank for Foreign Economic Activity. Cooperation with Openbucks supported the development of e-commerce and digital payment infrastructure.

A major milestone was reached in September 2025 during the 80th UN General Assembly in New York, where negotiations between the two presidents resulted in the formation of a portfolio of contracts and prospective projects exceeding $100 bn. The agreements covered aviation, mining and chemicals, energy, finance, and innovation. Specific arrangements included cooperation with Denali Exploration Group on rare earth elements, Re Element Technologies in rare earth metals, Flowserve on modernization of pumping stations, Valmont Industries on water-saving technologies, and Palo Alto Networks in artificial intelligence.

During the Washington visit, President Mirziyoyev held meetings with U.S. Secretary of Commerce Howard Lutnick, Eximbank President John Jovanovic, DFC CEO Ben Black, and U.S. Trade Representative Jamieson Greer. Discussions focused on expanding financing for major industrial and infrastructure projects, supporting high-tech equipment exports, launching a bilateral Investment Platform, advancing Uzbekistan’s WTO accession, and strengthening regional trade cooperation under TIFA. The agreement establishing the Investment Platform was formally signed during the visit.

Additional bilateral documents were concluded covering construction of fuel station networks, sprinkler irrigation technologies, extraction and supply of critical minerals, development of poultry clusters, agro-industrial cooperation, financial market development, and investment climate reforms. The economic agenda was identified as one of the key pillars of Uzbek-American strategic partnership, with priority cooperation areas including critical raw materials, petrochemicals, energy, agriculture, and industrial modernization.

Trade and Investment Dynamics

The intensification of bilateral cooperation has already produced tangible economic results. Between 2017 and 2025, trade turnover increased 4.7-fold from $215 mln to $1 bn. Exports grew 9.1-fold to $291.7 mln, while imports rose 3.9-fold to $712.3 mln.

Exports to the United States are dominated by services (81%), including programming, financial, information, and transport services. Petroleum products account for 8.6%, machinery and equipment 3.7%, food products 3.5%, and industrial goods 3.3%.

Imports from the United States are led by machinery and equipment (59%), including aircraft, vehicles, computing equipment, engines, pumps, and industrial installations. Services account for 20.5%, chemicals 9.7%, industrial goods 3.8%, food products 3.2%, and manufactured goods 2.2%.

Investment cooperation has expanded dynamically. U.S. FDI and loans increased nearly 64-fold from $8.6 mln in 2017 to $383.2 mln in 2025, with cumulative inflows exceeding $2.9 bn. As of February 2026, 346 enterprises with U.S. capital operate in Uzbekistan, including 146 joint ventures and 200 wholly foreign-owned firms. Investments are concentrated in manufacturing, mining, construction, services, and agriculture.

Prospects for Deeper Economic Partnership

Recent dynamics indicate a transition from trade expansion toward long-term technological and industrial partnership. While services dominate exports, significant untapped potential remains in agro-processing, textiles, non-ferrous metallurgy, and higher value-added manufacturing.

Given annual U.S. imports of $118 bn in textiles and apparel, $539 bn in food products, and $213 bn in pharmaceuticals, even limited market penetration could significantly expand Uzbek exports and rebalance their structure.

Technology cooperation represents a separate strategic track. The United States accounts for 45% of Uzbekistan’s IT exports, with 448 of 800 exporters supplying digital services to the U.S. market. The next phase may involve joint industrial production in electronics and microelectronics with companies such as NVIDIA, Intel, and Qualcomm, enabling integration into global value chains.

Energy cooperation could support infrastructure modernization and renewable energy deployment, while pharmaceutical localization and joint R&D with companies such as Pfizer, Johnson & Johnson, and Merck offer additional avenues for technology transfer and investment.

Privatization and PPP initiatives create further opportunities. By 2030, the private sector share in Uzbekistan’s economy is projected to reach 85%, with stakes in 2,000 enterprises planned for sale and $30 bn in PPP projects to be launched. Cooperation with U.S. capital markets, including the NYSE and Nasdaq, may further support the development of Uzbekistan’s financial infrastructure.

Conclusion

President Mirziyoyev’s visit to Washington and participation in the inaugural Peace Council meeting carry both diplomatic and economic significance.

Uzbekistan’s engagement in the Council strengthens its international standing and expands its contribution to addressing global challenges. At the same time, the agreements reached and the expanding portfolio of joint projects elevate Uzbek-American relations to a new stage characterized by deeper institutional cooperation, industrial integration, and long-term strategic trust.

Viktor Abaturov,

Center for Economic Research and Reforms

Cultural ties between Uzbekistan and Tajikistan are among the key factors bringing the two countries closer together. This cooperation continues to strengthen the historical, spiritual, and cultural affinity between the two peoples. In recent years, collaboration in the cultural sphere has entered a new phase and become more active through a growing number of festivals, concerts, film events, and theatre tours.

At the same time, the sincere and warm relationship between the leaders of the two states further reinforces this cooperation. Mutual visits by the heads of state, their joint participation in cultural events, and initiatives aimed at supporting culture and the arts deepen friendship and mutual respect between the two nations and give fresh momentum to cultural cooperation.

The legal foundation for cooperation in the cultural sector is the Agreement between the Government of the Republic of Uzbekistan and the Government of the Republic of Tajikistan on deepening cooperation in the fields of culture, science, education, tourism, and sport, signed on 16 January 1994, as well as the Cultural Cooperation Programme for 2024–2026 adopted by the two countries’ ministries of culture. These documents have created a solid legal framework for developing cultural ties and implementing joint projects.

Today, cultural cooperation between Uzbekistan and Tajikistan is expanding across multiple areas. Cultural forums, festivals, joint concert programmes, theatre tours, and film days are held on a regular basis. Over the past four years, the Minister of Culture of Uzbekistan and his deputies have visited Tajikistan 11 times, while the Minister of Culture of Tajikistan and his deputies have made 8 visits to Uzbekistan. This clearly demonstrates the steady development of cultural relations between the two states.

A number of major cultural events have also been organised within the partnership. “Days of Uzbek Culture” have been held repeatedly in Dushanbe, while “Days of Tajik Culture” have taken place in Tashkent. In addition, concert programmes titled “Friendship Evening” were staged in both countries, with the participation of the two nations’ leaders.

Representatives of Tajikistan also take an active part in international festivals held in Uzbekistan. In particular, Tajikistan’s “Lola” dance ensemble won an award at the International Dance Festival “Lazgi,” while a soloist of the Tajik National Conservatory achieved a high result at the International Maqom Art Forum. This reflects the cultural harmony between the two peoples and the tangible outcomes of cooperation.

Joint initiatives are also being implemented in the film industry. Specifically, the Cinematography Agency of the Republic of Uzbekistan and Tajikistan’s state institution “Tojikfilm” signed a memorandum to produce the feature film “Starry Sky: Jami and Navoi.” The film has been produced, and editing work is currently under way. Furthermore, in 2024 Tajikistan hosted the “Days of Uzbek Cinema,” and in 2025 Tashkent hosted the “Days of Tajik Cinema.”

One of the major cultural events of 2025 was the celebration of Navruz in the city of Khujand (Tajikistan). The leaders of Uzbekistan, Kyrgyzstan, and Tajikistan took part, and a joint concert featuring artists from all three countries was organised. In addition, Uzbek theatre companies toured in Dushanbe, while Tajik performers took part in international music festivals held in Tashkent.

The Minister of Culture of Tajikistan also participated in the first meeting of Central Asian Ministers of Culture, where issues related to further strengthening regional cultural cooperation were discussed.

Looking ahead, a number of new initiatives are planned to broaden cultural cooperation. These include holding the “Days of Tajik Culture and Cinema” in Uzbekistan, organising the “Friendship Evening” concert programme, arranging theatre tours, and hosting the three-generation gathering “Navro‘zi olam.” It is also planned to sign a new programme of cultural cooperation activities for 2026–2027.

In conclusion, cultural cooperation between Uzbekistan and Tajikistan continues to develop steadily, reinforcing friendship and mutual understanding between the two peoples.

On November 29, President Shavkat Mirziyoyev convened a meeting dedicated to identifying additional opportunities, increasing investments and jobs in Bukhara region.

Previously, the economy of this region was mainly linked to agriculture. However, over the past seven years, the region has attracted more than $4 billion investments, enabling development of such industries as energy, electrical engineering, chemicals, pharmaceuticals, textiles and leather. In the past period of the current year, 1.5 million foreign tourists visited Bukhara.

The visit of the Head of State to the region on May 31-June 1 gave a new impetus to its development. All the tasks outlined during the visit will be fully accomplished by the end of the year.

At the same time, it is important to ensure further growth of economic indicators in 2025, increase employment and well-being of the population. To this end, the working group studied additional opportunities of the region and factors hindering entrepreneurship development.

The critical meeting emphasized that the region's economic performance does not correspond to its potential. Work on investment absorption, poverty and unemployment reduction was recognized as unsatisfactory.

In this regard, the hokims, their deputies and sector heads will be put on emergency duty for a period of six months. The entire focus will be on improving these three areas. Special attention will be paid to implementing 70 driver projects based on the experience of Saikhunobad, Uychi, Zarbdar and Gijduvan. They will provide income to 150 thousand people and lift 40 thousand people out of poverty.

As it was mentioned, each district of the region can be specialized for a certain industry. For example, Peshku and Shafirkan - for production of construction materials and textiles, Kagan city, Alat and Jondor districts - for food industry, Gijduvan and Romitan - for chemical industry. This will make it possible to implement projects of entrepreneurs worth $150 million, create 411 small enterprises and provide 12 thousand jobs.

Four textile factories are planned to be built in Vabkent, Karakul, Jondor and Alat at a total cost of $320 million. This will double the volume of finished knitwear and textile products and create 5,000 jobs.

Next year, the number of foreign tourists is expected to reach 2.2 million and tourism exports are expected to reach $600 million. This will be supported by opening 69 new hotels and 2 thousand handicraft stores.

It is planned to develop additional 20 thousand hectares of land, which will allow to grow additional 100 thousand tons of agricultural products and provide employment for 2 thousand people. Trees and food crops will be planted on vacant homestead land, along canals and field edges.

Another opportunity is pastures. In Bukhara region their area exceeds 2 million hectares. As part of the decisions made at a recent meeting on horticultural development, it is planned to grow pistachios on unused pastures.

Hokim of Bukhara region presented plans to utilize these opportunities. In general, next year 106 projects will be implemented, 105 thousand permanent jobs will be created, exports will be increased by $350 million due to foreign investments worth $2 billion.

The Head of State pointed out the insufficiency of these plans and instructed to intensify efforts and improve results. He tasked to revise the proposals again and draft a relevant resolution.