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President Shavkat Mirziyoyev votes in elections
President Shavkat Mirziyoyev votes in elections

Today, elections to the Legislative Chamber of Oliy Majlis and kengashes of people's deputies are being held in our country.

President of the Republic of Uzbekistan Shavkat Mirziyoyev together with his family members visited polling station No. 59 in Mirzo-Ulugbek district of the capital and took part in the voting.

Article 128 of the Constitution of our country states that citizens have the right to elect and be elected to the representative bodies of state power. The right to vote, equality and freedom of expression are guaranteed by law.

Five parties are running in the elections: the Movement of Entrepreneurs and Business People - Liberal Democratic Party of Uzbekistan, the Milliy Tiklanish Democratic Party, the Ecological Party, the People's Democratic Party and the Adolat Social Democratic Party.
This important event is taking place in the context of increased social and political activity in our country, under the slogan “My Choice - Prosperous Motherland”.
For the first time in the history of Uzbekistan, elections to the Legislative Chamber of the Oliy Majlis are held on the basis of a majoritarian-proportional, that is, mixed electoral system. 75 deputies are elected directly under the majoritarian system, i.e. by voting for their preferred candidates, and the remaining 75 - under the proportional system, when votes are cast for political parties.

Over the past period, the electoral legislation has been radically improved in line with advanced democratic standards. In particular, a new system of electoral bodies headed by the Central Electoral Commission had been introduced, and, in order to enhance the role of women in society, it had been established that the proportion of women among political party candidates should be at least 40 per cent.
Another notable aspect of the current elections was that the interaction between the participants in the process had been fully digitalized through the E-Saylov information system.
This information system has raised the openness of the elections to a higher level.

All polling stations have created conditions for voters in accordance with the law. There are 5,770 district and 11,028 precinct election commissions organized in the field, including 57 polling stations in 40 foreign countries.
More than 850 foreign and international observers from the CIS, SCO, Organization of Turkic States, as well as a full-scale mission of the OSCE Office for Democratic Institutions and Human Rights are taking part in monitoring the election process.
The head of state talked to citizens who came to the polling station. He thanked them for their active participation in the elections with a sense of involvement in the fate of their native country and their district.

Press and media workers
Press and media workers

Dear friends!

Sincerely, from the bottom of my heart, I congratulate you, devoted representatives of national journalism, who devote their talent, skill and selfless labor to serving the people, respected veterans who have made a worthy contribution to the development of the sphere, on June 27, the Day of Press and Mass Media Workers, and express to you my deepest respect and kindest wishes.
As you know, liberalization of the information sphere and its development are priority tasks in the construction of the New Uzbekistan. Therefore, the new version of the adopted Constitution of the country enshrines the norms and principles of ensuring freedom of mass media activities, and the legal framework of the sphere is being improved.
It should be emphasized that in recent years the country has been opening up broad opportunities for freedom of speech and pluralism of opinion, which have contributed to further strengthening the participation, role and place of media representatives in socio-political processes.
We all know well and highly appreciate the growing influence of journalists in promoting openness and transparency in society, public control over the activities of state bodies and their officials, and the study and resolution of legitimate appeals from citizens.
We should note a significant increase in the number of topical reports on various topics in newspapers, magazines, television and radio channels, social networks, thematic programs, analytical commentaries, discussions on problematic issues with the participation of specialists and experts.
Critical and analytical materials, in particular, about shortcomings in the field of construction, ecology and environmental protection, road safety, as well as in social and economic spheres help to "wake up" some "dormant" managers and local officials, to make them work in a new way, to live the concerns of people.
In a word, our indifferent and noble journalists and active bloggers with their firm position and impartial word make a worthy contribution to solving acute problems of life, increasing the effectiveness of reforms, expanding the views and worldview of their compatriots.
All this undoubtedly testifies to the fact that our national media are already close to the level of the "fourth estate". Still, it will not be easy to achieve such a lofty goal; there are, of course, many obstacles and difficulties along the way.
However, no matter how difficult it may be, we will resolutely continue our work in this direction.

Dear friends!

Today, printing and journalism are becoming not only the "fourth estate", but also a key area comparable in importance to defense and security.
Therefore, the sphere needs more and more people like you, brave, sincere lovers of the Motherland, devoted to the profession, selfless people.
In this regard, our primary task remains the training of modern journalistic personnel with multifaceted professional knowledge and skills, high moral and intellectual qualities.
At the same time, we all realize that today more than ever it is important to fill the information space with high-quality and competitive national content.
I believe it is extremely important to cover the events taking place in the world taking into account our national interests, promptly and on the basis of deep analysis.
At the same time, the increase in the dissemination of false and unfounded information that misleads people poses an urgent task for us to improve the media literacy of the population. All controversial issues and problems arising in the information space should be resolved exclusively within the framework of the law, on the basis of legal norms.
I am sure that you, dear representatives of the media, will take an active part in solving such tasks.
Ensuring the legitimate interests of all employees of the sphere, stimulating their selfless labor will undoubtedly continue to be in the center of our attention.
On this significant day I once again congratulate you on your professional holiday, wish you all health, success in your honorable activity, peace and prosperity to your families.
Taking this opportunity, I cordially congratulate the media workers who have been honored with high state awards on today's holiday.
May the joy of inspiration and creative search always accompany you, my dear ones!

Shavkat Mirziyoyev,
President of the Republic of Uzbekistan

Uzbekistan’s Experience in Poverty Reduction and the Formation of a New Social Protection Model
Uzbekistan’s Experience in Poverty Reduction and the Formation of a New Social Protection Model

Since 2017, President Shavkat Mirziyoyev’s administration has pursued a sweeping reform agenda, liberalizing the economy while strengthening social welfare. These reforms are enshrined in new policies and the 2023 Constitution, which explicitly defines Uzbekistan as a “social state” responsible for ensuring employment and reducing poverty. The government’s national strategy (“Uzbekistan–2030”) even set a target of halving poverty by 2026. In short, Uzbekistan’s policy framework has shifted toward the combined goals of economic growth and inclusive social protection.

By 2023 the new National Agency for Social Protection (NASP) and community “Inson” service centres were delivering aid to roughly 2.3 million needy families – about a four-fold increase from 2017. Pensions and basic benefits were also raised: for instance, pension and disability payments in real terms are now about 1.5 times higher than before the reforms.

Community service is delivered through Inson centers, one-stop offices in each locality that help citizens apply for benefits and services. These “Inson” centres provide personal assistance with applications and information, reflecting a shift to integrated, client-oriented support. Relatedly, a new registry of persons requiring care has been established (by 2023 it contained ~17,800 profiles) to manage support for the disabled and elderly; each case is reviewed quarterly so that aid can be adjusted as needed. Together, these digital tools and organizational changes – one-stop “Inson” centers, a unified registry, targeted lists and case management – represent a modern social protection architecture far beyond Uzbekistan’s previous fragmented system.

International partners have closely supported and evaluated these reforms. The World Bank has played a leading role: it delivered roughly $2.1 billion through policy-based loans (2018–2021) to finance structural reforms in jobs, governance and social policy. In mid-2024 the Bank approved an additional $100 million “INSON” project to improve social care for vulnerable groups. This project will establish more than 50 community-based social service centres and expand services to some 50,000 people (including older persons, disabled, and children).

Within the framework of the “From Poverty to Prosperity” program, launched on 1 November 2024, families receive support across seven key dimensions:

  • Ensuring stable employment and achieving higher income levels;
  • Access to education and vocational training;
  • Access to guaranteed state healthcare services;
  • Access to social services;
  • Improvement of housing conditions;
  • Development of mahalla (community) infrastructure by the state;
  • Direct engagement and dialogue with public sector representatives.

More than 600,000 families have gained access to 1.3 million social services aimed at employment and income growth. Members of these families have also benefited from over 2.2 million guaranteed healthcare services, directly contributing to their sustainable participation in the labor market.

Expanding Social Care Provision

For individuals requiring continuous care, a new model of service provision through private providers has been introduced. These services include household assistance, home- and field-based care, medical and social rehabilitation, and personal assistant support. Currently, 13,800 individuals — representing 76% of all those in need of care — receive such services from the private sector.

According to the Presidential Decree of the Republic of Uzbekistan, by 2030 the number of recipients of social services is expected to reach at least 3 million citizens annually, while the share of services provided by the non-state sector will rise to 30%. This approach fully aligns with the principles of the social and solidarity economy.

The programs implemented by the National Agency for Social Protection are characterized as accessible, effective, and oriented toward sustainable economic development.

  1. Accessibility

As part of the “From Poverty to Prosperity” program, a National Registry of Poor Families has been established. The identification of households and decisions regarding their inclusion are made directly at the community (mahalla) level. As of today, 667,000 families, comprising approximately 2.8 million individuals, have been registered. This provides a comprehensive understanding of their living conditions and the opportunities for poverty reduction.

  1. Effectiveness

In the first nine months of the current year, the average per capita income among registered families has nearly doubled, rising from 174,000 soums (~USD 14) to 338,000 soums (~USD 27) per month. Furthermore, 73,000 families that previously had no income now earn official wages. During the same period, 150,000 families have successfully escaped poverty, with 105,000 (70%) doing so primarily due to increased formal employment income.

  1. Sustainability

To ensure targeted support, families are categorized into three groups:

  • Red – households with persons with disabilities requiring care, as well as families without a breadwinner or headed by a single parent;
  • Yellow – families with employable members but lacking stable income and professional skills;
  • Green – families that have exited poverty but remain at risk of falling back.

This classification enables the application of differentiated measures: “red” families receive priority care and social support; “yellow” families are targeted with employment and training programs; and “green” families benefit from measures aimed at preventing a return to poverty.

Within this framework, the development of a “care economy” has emerged as a key priority. The Agency has introduced daycare services for children with disabilities and the “Step into an Active Life” program for older persons. These initiatives enable family members to participate in the labor market, thereby activating previously unpaid caregivers.

Investing in Human Capital

Particular attention is given to children from low-income families. The state subsidizes up to 90% of the costs associated with their education and development. In 2025, 125,000 children from poor households gained preferential access to preschools, demonstrating how social protection systems can make an indirect yet significant contribution to poverty reduction.

In conclusion, the programs implemented by the National Agency for Social Protection go far beyond material support. They create enabling conditions for income generation, employment, and human capital development, thereby contributing directly to the sustainable economic growth of the country.

Olima Almatova Qorabekovna, a resident of “Ezgulik” makhalla, Buka district, Tashkent region, who received support from the Agency, said:

“My spouse worked at the mining combine for forty years, but after he became ill, he could no longer continue. For his sake, I took on whatever jobs people offered me. When the doctors suggested placing stents in his heart arteries, I refused, saying: ‘Whatever help you can give, give it to my family. I’ve lived my life, I am already sixty-seven. I’ve seen so much — whatever comes, I will accept it. I don’t need stents. I only ask that you give a little help to my family.’

When support arrived under the President’s decision, I cannot express how happy I was. I said: ‘Oh God, there really is someone who came to open my door.’ They came and extended a helping hand. We planted cucumbers and tomatoes, and soon money began to come in. We have already earned income three times. So much support has reached us, and we are deeply grateful to our President. Feeding even one family is difficult, yet he is taking care of millions. For those who are struggling and in need, such help gives strength, brings joy, and inspires them to move forward. One can hardly imagine just how powerful that is.”

In conclusion, the programs implemented by the National Agency for Social Protection go far beyond material support. They create enabling conditions for income generation, employment, and human capital development, thereby contributing directly to the sustainable economic growth of the country.

Uzbekistan, Kazakhstan, and Azerbaijan will export "green" energy to Europe through the "Green Corridor" project
Uzbekistan, Kazakhstan, and Azerbaijan will export "green" energy to Europe through the "Green Corridor" project

Today, a new and ambitious strategic direction is emerging on the global energy map. The strategic partnership established between Uzbekistan, Kazakhstan, and Azerbaijan is a historic step that serves not only to strengthen regional energy security but also to elevate the global "green" transformation to a new level. At the heart of this ambitious initiative lies, first and foremost, the mutual trust, strong friendship, and high responsibility of the leaders of the three brotherly states toward future generations.

Uzbekistan's Green Development Strategy

In recent years, large-scale and intensive reforms on the use of renewable energy sources have been implemented in Uzbekistan. To date, 15 solar and 5 wind power plants with a total capacity of 5,582 MW have been commissioned in various regions of the country, producing "green" energy for the country's population and economy. Notably, the capacity of solar photovoltaic plants is 3,930 MW, and wind power plants are 1,652 MW. To ensure the stability of the energy supply, 12 additional energy storage systems with a total capacity of 1,545 MW were also commissioned.

Looking at the figures, in 2025 alone, solar and wind power plants managed to generate 10.5 billion kWh of electricity. From the beginning of 2026 to April 15, this figure exceeded 2.5 billion kWh, and the goal is to increase it to 15 billion kWh by the end of the year. By 2030, Uzbekistan will become a true "green" energy hub: the total capacity of solar and wind power plants will reach 21 GW, and 54% of the total electricity generated in the country will come from renewable sources. As a result, 18 billion cubic meters of natural gas will be saved annually, and the emission of 25 million tons of harmful gases into the atmosphere will be prevented.

Regional Solidarity: The Brothers' Strategic Choice

Relations with the countries of the region, especially with our close neighbor and strategic partner Kazakhstan, are of decisive importance in achieving such high milestones. During the recent visit of the President of the Republic of Kazakhstan Kassym-Jomart Tokayev to Uzbekistan, the leaders of the two countries outlined future priorities for the development of sectors, in particular, energy. These friendly relations guarantee the energy stability not only of the two countries but of the entire region.

Thanks to the far-sighted policy and friendship of the heads of state of the three countries—Uzbekistan, Kazakhstan, and Azerbaijan—the "Green Corridor" project is being implemented. This path, which began with a Memorandum of Understanding in May 2024, was further strengthened by the Strategic Partnership Agreement signed by the Presidents of the three countries at the COP-29 international summit in Baku in November of the same year. This historic document marked the beginning of a new era not only in energy production but also in the field of energy transmission.

"Green Corridor" - practical steps towards the future

The practical stages of the project are proceeding consistently. Within the framework of the founding agreement signed on December 27, 2024, the national operators of Uzbekistan, Kazakhstan, and Azerbaijan - JSC "National Electric Grid of Uzbekistan," JSC "KEGOC," and JSC "Azerenerji" - united for a common goal. Negotiations held in early 2025 in Tashkent with the participation of representatives from the Ministry of Energy of the Kingdom of Saudi Arabia once again proved the project's international prestige.

The establishment of the Green Corridor Alliance Limited Liability Company in Baku on July 1, 2025, laid the institutional foundation for the project. The world-renowned Italian company CESI has been involved in developing the project's feasibility study, which, according to the agreement signed with the Asian Development Bank, will be submitted by the beginning of 2027. Currently, specialists from the three countries, together with CESI, are working on a complete model (technical and economic basis) of the project.

In conclusion, this strategic partnership is not only an important pillar for exporting "green" energy to Europe but also for the transition of Central Asia and the Caspian region to a unified, environmentally friendly, and digital energy system. There is no doubt that the friendly will of the heads of state and the spirit of regional solidarity will make Uzbekistan one of the most reliable and major players in the global energy market in the future.

 

Ministry of Energy

of the Republic of Uzbekistan

The Uzbekistan-Korea summit has ended
The Uzbekistan-Korea summit has ended

The state visit of the President of the Republic of Korea Yoon Seok-yol at the invitation of the President of the Republic of Uzbekistan Shavkat Mirziyoyev has ended.
During the three-day visit, high-level talks were held, at the end of which the leaders signed a joint statement on further deepening and comprehensive expansion of the Special Strategic Partnership. A bilateral set of documents was received.
The heads of state participated in a joint business forum with the participation of representatives of leading Korean companies and banking and financial institutions.
The presidents visited the Technopark in Tashkent and got acquainted with the existing potential for industrial cooperation.
Today, the dialogue between the heads of state continued in Samarkand. The presidents and their wives got acquainted with the historical and architectural masterpieces of the ancient city.
After the end of the visit, President Yun Sok Yol and his wife were escorted by President of the Republic of Uzbekistan Shavkat Mirziyoyev and his wife at the airport.

Uzbekistan and Finland: An Economic Partnership Built on Technology and Trust
Uzbekistan and Finland: An Economic Partnership Built on Technology and Trust

Historical Background

The history of Uzbek - Finnish relations dates back to the early 1990s, when Finland became one of the first countries to recognize the independence of the Republic of Uzbekistan - on 30 December 1991. Just two months later, on 26 February 1992, diplomatic relations were officially established, marking the beginning of a new chapter based on mutual respect, trust, and a shared commitment to technological progress.

The first high-level visits in 1992 laid the foundation for political dialogue. During that year, Uzbekistan took part in the signing ceremonies of the OSCE Helsinki Final Act and the Paris Charter. In October of the same year, Finnish President Mauno Koivisto paid an official visit to Tashkent, further consolidating the partnership. Since then, cooperation between the two countries has developed steadily across political and economic spheres.

Legal and Institutional Framework

Today, the legal framework governing Uzbek-Finnish relations comprises eight active documents, including two interstate and six intergovernmental agreements. These include the 1992 Agreements on Mutual Protection of Investments and on Trade, Economic, and Technological Cooperation, as well as treaties on air and road transport (1996 and 1997) and agreements on avoiding double taxation and on customs cooperation.

New initiatives reflecting the modern stage of partnership are under consideration - such as a draft agreement on visa exemption for holders of diplomatic passports, a memorandum on cooperation in environmental protection, and a protocol on consultations between the foreign ministries.

Cooperation Priorities: Technology, Ecology, and Innovation

Finland, recognized globally as a leader in innovation, sustainable development, and green technologies, serves as a valuable model for Uzbekistan in its transition toward a digital and energy-efficient economy.

In 2017, a business delegation of nine Finnish companies specializing in engineering, agribusiness, telecommunications, and logistics visited Uzbekistan to participate in the AgroWorld Uzbekistan international exhibition. This visit gave new impetus to direct business-to-business engagement.

In April 2019, Tashkent hosted a delegation led by Mikko Koiranen, Deputy State Secretary of Finland for Foreign Economic Relations. The delegation included 29 representatives from leading companies and organizations - such as Nokia Siemens Networks, ABB, Wärtsilä, Uponor Infra, Tikkurila, ISKU, and Airbus Defense and Space. Discussions focused on implementing Finnish technologies in Uzbekistan, joint energy and raw material processing projects, and opportunities in smart cities and water management.

Later, in November 2019, Antti Koskelainen from the Finnish export credit agency Finnvera visited Tashkent, marking an important step toward deeper financial and investment cooperation. Meetings with the Ministry of Investment, Industry and Trade, the Ministry of Finance, and the Agency for State Asset Management addressed mechanisms for crediting and insuring Finnish export operations in Uzbekistan.

Trade: A Threefold Growth in One Year

Economic cooperation between Uzbekistan and Finland continues to expand. The two countries enjoy Most-Favored-Nation trade status, and regular meetings of the Joint Intergovernmental Commission on Trade, Economic, and Scientific-Technical Cooperation (five sessions to date, the latest held in Tashkent in February 2023) ensure a dynamic dialogue.

Trade turnover has shown remarkable growth in recent years: from USD 48.45 million in 2020 to USD 151.7 million in 2024 - an increase of over threefold. This upward trend reflects intensified business ties and growing interest among Finnish companies in the Uzbek market.

Investment and Business Cooperation

Finland is viewed in Uzbekistan not only as a trading partner but also as a source of innovation and investment. Currently, 14 enterprises with Finnish capital operate in Uzbekistan - four joint ventures and ten with 100% foreign ownership - active in sectors such as electronics, software, energy, agriculture, food processing, chemicals, and telecommunications equipment.

Finnish businesses are showing strong interest in renewable energy, waste recycling, eco-construction, water management, and sustainable agriculture. Uzbekistan, in turn, offers attractive conditions for investors - tax incentives, developed industrial infrastructure, and access to a 75-million-strong Central Asian market.

Finland’s Economic Potential: Opportunities for Partnership

Finland is one of Europe’s most advanced and innovative economies, known for its high living standards, sound macroeconomics, and strong industrial base. In 2024, its GDP exceeded USD 320 billion, with GDP per capita around USD 58,000. The economy is well-balanced, with services accounting for over 70%, industry 27%, and agriculture 2.5%. Inflation remains one of the lowest in Europe - around 3% - ensuring a stable and predictable business environment.

For Uzbekistan, cooperation with Finland opens wide-ranging opportunities for industrial, investment, and technological partnership, including:

  • Energy: joint projects in renewable energy, smart grids, and energy storage; development of solar panel and wind equipment manufacturing.
  • Water and Environment: Finnish expertise in water purification, waste processing, and efficient water management, particularly relevant for agriculture and urban infrastructure.
  • Engineering and Electronics: creation of joint ventures in industrial equipment, automation systems, and telecommunications.
  • Construction and Green Materials: Finnish participation in energy-efficient building projects, production of eco-friendly insulation and finishing materials, and smart home systems.
  • Education and Science: joint engineering and IT education programs, establishment of research laboratories, and introduction of dual education models based on Finnish experience.
  • Agro-Industry: cooperation in precision farming, agricultural digitalization, and production of eco-friendly export-oriented goods.

Finland’s experience in sustainable development and digital transformation makes it a strategic partner for Uzbekistan’s “green economy” agenda and industrial modernization. At the same time, Uzbekistan - with its abundant natural resources, young workforce, and expanding domestic market - offers Finnish companies favorable conditions for localization and regional expansion.

A Look Ahead

The partnership between Uzbekistan and Finland goes beyond traditional economic cooperation. It stands as an example of how innovation and sustainability can form the foundation of long-term, mutually beneficial relations. Joint projects in digitalization, green energy, and education are paving new avenues for the exchange of expertise, technologies, and investments.

Finland regards Uzbekistan as a reliable partner in Central Asia, while Uzbekistan views Finland as a strategic ally in advancing its “smart growth” model and building a knowledge-based economy.

The synergy between Finland’s pragmatic northern experience and Uzbekistan’s dynamic eastern development creates a powerful foundation for further strengthening bilateral relations - grounded in trust, innovation, and mutual respect.

 

Tashkent as Central Asia’s Investment Capital: What to Expect from the Fifth International Investment Forum
Tashkent as Central Asia’s Investment Capital: What to Expect from the Fifth International Investment Forum

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.

Uzbekistan and Türkiye: A Human-Centered Partnership in Labor Migration
Uzbekistan and Türkiye: A Human-Centered Partnership in Labor Migration

The upcoming official visit of the President of the Republic of Uzbekistan to the Republic of Türkiye reflects the deepening strategic partnership between the two countries. One of the most dynamic areas of this cooperation is labor migration, built on mutual trust and a shared human-centered vision.

In recent years, Uzbekistan has fundamentally transformed its migration policy, placing human dignity, legal employment, and social protection at the core of its reforms. This approach aims to ensure that citizens working abroad do so safely, legally, and with full respect for their rights.

Cooperation with Türkiye exemplifies this new philosophy. The entry into force of the bilateral agreement on the protection of the rights of labor migrants and their family members marked a significant milestone in strengthening legal and institutional guarantees for migrants.

Regular dialogue between migration and labor authorities, joint forums, and practical coordination mechanisms have contributed to more orderly and transparent labor mobility. Notably, agreements reached to legalize the status of Uzbek citizens without administrative penalties, particularly in sectors with high labor demand, demonstrate a shared commitment to humane and pragmatic solutions.

Another key dimension of cooperation is skills recognition and certification. Collaboration with Türkiye’s professional qualification institutions enables Uzbek citizens to obtain internationally recognized certificates, enhancing their employability both in Türkiye and beyond.

Partnerships with leading Turkish companies further expand legal employment opportunities, including participation in large-scale construction and infrastructure projects. These initiatives are complemented by the active role of Uzbekistan’s Migration Agency representation in Türkiye, which provides legal, social, and advisory assistance to citizens and safeguards their rights.

Today, negotiations have begun between the two countries on developing a “Social Protection” agreement. Through this agreement, Uzbek citizens working in Türkiye and Turkish citizens working in Uzbekistan will be able to reclaim their social insurance contributions. This will allow workers to formalize their employment and secure legal protections.

Uzbekistan and Türkiye view labor migration not as a challenge, but as a driver of development, stability, and human well-being. The forthcoming presidential visit is expected to elevate this cooperation to a new level, reinforcing a model of migration governance rooted in humanity and mutual benefit.

Presentation of measures for the development of artificial intelligence technologies and startup projects was held
Presentation of measures for the development of artificial intelligence technologies and startup projects was held

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.

Possibilities for the development of the Fergana region were analyzed
Possibilities for the development of the Fergana region were analyzed

The text of the article is in Uzbek!

Building Peace through Knowledge: Uzbekistan’s Expanding Cooperation with UNESCO
Building Peace through Knowledge: Uzbekistan’s Expanding Cooperation with UNESCO

Today, Uzbekistan continues to steadily strengthen its cooperation with the international community in education, science, culture, and innovation. In this process, the country’s partnership with UNESCO holds a special place. Uzbekistan became a member of UNESCO in 1993 – a historic step that paved the way for integrating the national education system, scientific potential, and rich cultural heritage into the global intellectual space.
The opening of the UNESCO Office in Tashkent in 1996 marked a new milestone in bilateral relations. Moreover, the National Commission of the Republic of Uzbekistan for UNESCO was established to ensure sustainable cooperation, which has since become an active platform for dialogue and partnership.
Throughout this collaboration, Uzbekistan has consistently implemented international norms and principles in education, science, and sports. One of the important steps in this direction was the ratification, in 1997, of the 1960 Convention against Discrimination in Education, aimed at promoting equality and fairness in the education system. In the same year, Uzbekistan also acceded to the 1989 Convention on Technical and Vocational Education, which contributed to expanding opportunities for young people to acquire modern professions and practical skills, linking education closely with real life.
These measures have played a key role in strengthening Uzbekistan’s position in the global educational space and demonstrate the country’s firm commitment to promoting human capital development. By joining these conventions, Uzbekistan reaffirmed its dedication to equality and quality in education, youth health and well-being, and to aligning vocational education with international standards.
The Global Convention on the Recognition of Qualifications in Higher Education
At present, Uzbekistan is taking practical steps toward joining UNESCO’s Global Convention on the Recognition of Qualifications concerning Higher Education. This document aims to harmonize international education systems, ensure mutual recognition of diplomas and qualifications, and expand academic and scientific mobility. The initiative will help make Uzbekistan’s higher education system more open and competitive globally, enhance cooperation with foreign universities, and improve the international employability of Uzbek graduates.
On December 10, 2021, Tashkent hosted a High-Level Meeting of Experts on Strengthening Stakeholder Cooperation for the Adoption and Implementation of the Global Convention on the Recognition of Qualifications. National and international experts, government representatives, and higher education institutions discussed the significance of Uzbekistan’s accession to the convention as a key step in integrating the national higher education system into the global academic space.
UNESCO Chairs in Uzbekistan
One of the most effective areas of cooperation between Uzbekistan and UNESCO is the establishment and activity of UNESCO Chairs. Currently, there are nine UNESCO Chairs operating at higher education institutions across the country. Each of them contributes to strengthening international cooperation in education, science, culture, communication, and information, as well as to advancing research potential and promoting the principles of sustainable development.
UNESCO Chairs are established under the UNITWIN (University Twinning and Networking) Programme, launched in 1992 to encourage the exchange of experience and knowledge among universities and to expand global academic cooperation. Today, the network brings together over 700 chairs and research centers in 114 countries around the world.
In most cases, the activities of UNESCO Chairs are financed directly by the universities themselves — reflecting their aspiration to enhance academic prestige and to operate in close cooperation with the international scientific community.
A vivid example of such cooperation is the UNESCO Chair in Education for Sustainable Development at Urgench State University. The Chair has organized more than 20 events involving teachers, researchers, students, NGOs, and international experts. It has also held conferences, launched student exchange programmes, and published joint research papers. Such initiatives not only strengthen the capacity of the national education system but also promote Uzbekistan’s integration into the global scientific and intellectual community.
Rural Development and Human Potential: Supported by UNESCO and the European Union
Uzbekistan is steadily advancing international cooperation in promoting rural development, youth employment, and the enhancement of modern professional skills. A vivid example of this is the project “Development of Employment Skills in Rural Areas of Uzbekistan,” funded by the European Union and implemented by the UNESCO Office in Tashkent.
The six-year project (2020–2026), with a total budget of €9.6 million, is a clear reflection of the strong partnership between the European Union and UNESCO in supporting education reforms in Uzbekistan. The main goal of the initiative is to ensure sustainable economic growth by training specialists equipped with up-to-date knowledge and skills that meet the needs of the rural labor market.
Within the project, Uzbekistan’s agricultural education system is undergoing major modernization. Specialists are being trained in such forward-looking fields as intensive horticulture, greenhouse management, agricultural product processing and storage, water management and land reclamation, and the operation of water-saving irrigation systems — all oriented toward practical skills demanded by the modern labor market.
A significant component of the project is the development of a National Vocational Education Strategy, new occupational standards, and educational programmes in agriculture and water management. In addition, pilot educational institutions are being equipped with modern laboratories, learning facilities, and teaching technologies.
Four pilot colleges — in Qorovulbozor, Qo‘shko‘pir, G‘ijduvon, and Qizirik — have been selected to implement the project. They have received modern tractors, technical equipment, computers, and refrigeration units for agricultural product storage. Moreover, four Advanced Vocational Training Centers are being renovated and equipped with up-to-date facilities.
During implementation, the rural labor market was analyzed to assess demand for mid-level specialists. Based on the results, six pilot specializations — including Automated Water Management Systems Technician, Animal Husbandry, Greenhouse Management, Irrigated Land Reclamation, Crop Science, and Farm Management — were introduced, and student admissions began in the 2023/2024 academic year.
In May 2024, an international conference titled “National Frameworks for Quality Assurance” was held within the project, focusing on aligning Uzbekistan’s vocational education system with international quality standards and strengthening human capital.
Additionally, under UNESCO’s “Delta Framework” programme, national ICT competencies are being developed, and special training courses for teachers of pilot institutions are planned.
This initiative serves not only to modernize the vocational education system but also to foster sustainable rural development, enhance youth employability, and improve the quality of life in local communities.
Science and Innovation for a Peaceful and Sustainable Future
In recent years, Uzbekistan has witnessed growing enthusiasm for new scientific ideas, research, and innovation. A shining example of this is the “InnoWeek.Uz” International Week of Innovative Ideas, held annually since 2018. Each year, the event provides a unique platform for bridging science and practice, engaging young researchers in innovation, and expanding global scientific cooperation.
“InnoWeek.Uz” has become a true celebration of creativity, discovery, and technological advancement — a space where scientific potential, imagination, and passion for progress converge. Creating the future through research and innovation, and opening new paths to development through knowledge, lies at the heart of this initiative.
The “InnoWeek.Uz–2024” edition marked a new milestone, featuring the “Science & Innovation for a Peaceful and Sustainable Future” Forum organized under the auspices of UNESCO. The forum brought together young scientists, researchers, and experts from around the world to exchange views on the role of science and innovation in promoting peace and sustainable development. The participants shared their research achievements and discussed new opportunities for global collaboration in science and technology.
Through their work, young scientists inspired others by seeking solutions to modern challenges, developing technologies that serve human welfare, and advancing harmony between nature and society. Discussions at the forum highlighted the role of innovation in economic and social progress, the contribution of science to peacebuilding, and the prospects for future scientific cooperation.
All these initiatives implemented in cooperation with UNESCO deepen Uzbekistan’s ongoing reforms in education, science, and culture, while strengthening the country’s ties with the global community.
Today, knowledge and creativity, tradition and innovation, national values and modern approaches unite in Uzbekistan with one shared goal — progress and a sustainable future.
As UNESCO’s noble motto proclaims, “Building peace through education, science and culture” — this principle embodies both the moral and practical essence of Uzbekistan’s policy today. The nation continues to move forward with determination, fostering peace, development, and prosperity through enlightenment and science.

Kongratbay Sharipov,
Minister of higher education, science and innovationof the Republic of Uzbekistan

State awards presented to brave athletes
State awards presented to brave athletes

On September 13, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with the winners and medalists of the XVII Summer Paralympic Games.

The event was attended by the leadership of the National Paralympic Committee and sports federations, coaches, parents of athletes, representatives of state and public organizations.

As you know, the competitions were held from August 28 to September 8 in the capital of France, Paris. About 4.4 thousand Paralympians from 168 countries participated in them. From Uzbekistan, 65 para-athletes competed in 9 sports.

The Paralympic Games, like the Olympics, were successful for our country. Our compatriots set many records, winning 10 gold, 9 silver, 7 bronze - a total of 26 medals. They took 13th place in the overall team standings, as well as 3rd place in Asia and 1st place among Turkic, Islamic countries and the Commonwealth of Independent States.