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

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

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

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

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

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

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

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

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

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

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

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

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

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

At the invitation of President of the French Republic Emmanuel Macron, President of the Republic of Uzbekistan Shavkat Mirziyoyev will pay a state visit to this country on March 11-13.

The agenda of the visit to Paris envisages talks and events at the highest level, as well as a number of meetings with official and business circles of France.

The agenda of the upcoming contacts includes issues of further development and strengthening of Uzbek-French multifaceted relations.

Priority attention will be given to expanding mutually beneficial cooperation in trade-economic and investment-financial spheres, promoting cooperation projects with leading companies and enterprises of France.

It is planned to adopt a package of intergovernmental and interdepartmental agreements as a result of the summit.

In addition, the Head of our state will meet with UNESCO Director-General Audrey Azoulay to discuss practical aspects of preparing and holding the 43rd session of the Organization's General Conference in Samarkand this autumn.

It is worth noting the intense program of events on the eve of the forthcoming visit.

The text of the article is in Russian!

Authors:

Eldor Aripov, Director of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan

KANG Myongil, Senior Executive Director of the Institute of Foreign Affairs and National Security

When a diplomatic dialogue is elevated from the level of foreign ministers to that of heads of state, it is rarely a matter of protocol alone. Such decisions are typically made when existing mechanisms of cooperation no longer match the scale of emerging challenges.

That is precisely why the upcoming inaugural Republic of Korea-Central Asia Summit marks an important milestone in relations between the two sides. The state visit of President of the Republic of Uzbekistan Shavkat Mirziyoyev to Seoul will take place on the occasion of the Summit.

The Republic of Korea-Central Asia framework itself is not new. For nearly two decades, it has served as a valuable platform for political dialogue and practical cooperation, generating numerous joint initiatives. Bringing the format to the leaders' level, however, reflects a qualitative shift — from sectoral coordination toward strategic decision-making.

For the Republic of Korea, this elevation also reflects a clear commitment to engage Central Asia as a strong strategic partner and to forge a mutually beneficial partnership that builds on strong bilateral ties while advancing broader regional cooperation.

The principal reason for this elevation lies not in a sudden change in Seoul's policy but in the convergence of two developments: the transformation of Central Asia itself and Korea's determination to deepen strategic engagement with the region.

Over the past several years, the region has undergone perhaps its most profound transformation since independence. The Central Asian states have significantly strengthened mutual trust, institutionalized regular political dialogue, and launched mechanisms for practical regional cooperation. As a result, Central Asia is increasingly viewed not simply as a geographical concept, but as a region with the capacity to pursue shared priorities and act with greater strategic coherence.

Against this backdrop, the Republic of Korea's growing interest in the region is hardly accidental.

Korea's economic competitiveness increasingly depends not only on technological leadership but also on resilient supply chains, diversified production networks, and reliable long-term partnerships. Seoul is therefore seeking partners that can offer strategic resources, industrial potential, skilled human capital, and political stability at the same time.

Korea's approach, however, should not be understood as a narrow search for resources or market access. Its comparative strength lies in jointly creating value through technology and knowledge sharing, capacity building, industrial diversification, and the development of secure and sustainable supply chains.

Central Asia is steadily emerging as one such partner, and Korea, for its part, can be a reliable partner in the region's efforts to diversify its economies and move up global value chains.

Today, the region is becoming one of Eurasia's most promising growth markets. Its combined population has surpassed 85 million, with more than half under the age of thirty, while its economies have maintained solid growth in recent years. This combination of demographic dynamism, expanding domestic markets, and growing regional connectivity is reshaping perceptions of Central Asia among global investors and technology-driven economies alike.

Uzbekistan occupies a pivotal place in this transformation.

President Shavkat Mirziyoyev's policy of openness and proactive regional engagement has become a key driver of Central Asia's growing cohesion. Uzbekistan, home to nearly 38 million people — almost half of the region's population — has played a leading role in promoting dialogue, connectivity and practical cooperation across Central Asia.

The country has likewise deepened its partnership with the Republic of Korea. Bilateral trade has nearly doubled over the past eight years. Around 700 enterprises with Korean capital are currently operating in Uzbekistan, while cumulative Korean investment has exceeded US$8 billion. Korean companies are active across a wide range of sectors, including energy, chemicals, engineering, healthcare, digital technologies and education.

People-to-people ties are equally significant. Uzbekistan is home to the largest ethnic Korean community in the post-Soviet space, numbering approximately 170,000 people. The presence of campuses of leading Korean universities further underscores the long-term and multidimensional nature of bilateral cooperation.

These human links give the partnership a distinctive depth. The “Koryo-Saram,” ethnic Koreans in Central Asia, is not only a reminder of shared history, but also a living bridge between the two societies: Expanding educational exchanges and professional mobility can ensure that this relationship remains strong for the next generation.

Yet the true significance of the partnership extends well beyond these impressive figures.

For Central Asia, the Republic of Korea represents one of the world's most compelling examples of successful modernization. Within the span of a single generation, Korea transformed itself from a developing economy into a global technology powerhouse. For a region pursuing ambitious economic reforms, industrial upgrading, and digital transformation, Korea's experience offers not simply a model to study but a practical source of policy inspiration and institutional know-how.

Against this backdrop, the first Republic of Korea-Central Asia Summit at the level of heads of state carries significance far beyond the diplomatic calendar.

It reflects a simple but important reality: Relations between the Republic of Korea and Central Asia have reached a level of maturity where future progress depends not on expanding the number of individual projects but on defining a shared long-term strategic vision.

If the past two decades were devoted to building a solid foundation for cooperation, the decade ahead should be shaped by a common response to the challenges of a new economic era — from artificial intelligence and digital transformation to critical minerals, green infrastructure, industrial cooperation, and human capital development.

This is the broader significance of the upcoming summit.

Its historic importance lies not merely in bringing regional leaders together for the first time but in providing an opportunity to define the next stage of a partnership whose ambitions have already outgrown its previous institutional framework. Success should therefore be measured not only by the number of agreements to be announced in Seoul but by whether the summit establishes regular dialogue at the leaders' level and a practical roadmap that delivers visible and mutually beneficial results for both the Republic of Korea and Central Asia.

The most important sign of civil society is manifested in the fact that citizens exercise complete control over the activities of state structures. According to article 36 of the new version of the Constitution of Uzbekistan, our citizens have the right to participate directly and through their representatives in the management of the affairs of society and the state. Such participation is carried out through self-government, referendums and the democratic formation of state bodies, as well as public control over the activities of state bodies. The procedure for exercising public control over the activities of state bodies is established by law.

In order to organize and regulate relations in the field of public control over the activities of state bodies and institutions, the law “On Public Control” was adopted on April 12, 2018. According to this law, public control is carried out in such forms as appeals and requests to state bodies, public discussions, public hearings, public monitoring, and the study is carried out by citizens' self-government bodies in such forms as hearing reports and information from officials of state bodies.

Consistent work is underway in our country to implement public control and improve the regulatory framework governing this area. By presidential decree dated May 4, 2018, the badge "For contribution to the development of civil society" was established; the decree of the President of Uzbekistan dated July 4, 2018 "On measures to organize the activities of public councils under state bodies" was of great importance for accelerating work in this area. This resolution establishes the procedure for organizing the main tasks, functions, powers and activities of the public council under state bodies, which basically provides that the public council is created by the decision of the head of the state body, carries out its work on a voluntary basis and it is assumed that it will conduct its work on a public basis, as well as be considered as a permanent advisory body whose decisions will be advisory in nature.

As Shavkat Mirziyoyev noted, “There is no more effective tool for achieving the supremacy of the Constitution and the law than public control.” Public control is an important institution of democracy and people's power; it serves to ensure the protection of the rights and legitimate interests of citizens by monitoring the activities of state bodies.

In recent years, special attention has been paid in our republic to ensuring the participation of citizens in the management of society and public affairs, the creation of effective mechanisms for public control over the activities of the executive branch, and further strengthening the functions of public control. In particular, at the initiative of the President of Uzbekistan, a public chamber was established in 2020 in order to further strengthen public control and establish close cooperation between the state and society. It was noted that the public chamber should regularly study the opinion of the population, set specific tasks for government agencies to find solutions. The importance of implementing such influential forms of control as "public hearings", "public monitoring", "public expertise", and "public initiative" was demonstrated.

According to the decree of the President of the Republic of Uzbekistan "On measures to expand financing of projects formed on the basis of public opinion", adopted on October 25, 2022, an additional 335 billion soums were allocated for the implementation of 364 projects, each of which received more than 2 thousand votes in July-September 2022.

In recent years of modern development in our republic, the system of public administration has been improved, effective mechanisms of dialogue with the people have been introduced, and the effectiveness of the role and activities of the Mahalla Institute in the management of society has increased. Virtual and public reception rooms of the President of the Republic of Uzbekistan were created in order to ensure human interests, knowledge and solution of problems and needs of people. These structures have become a mechanism for in-depth analysis of problems on the ground and a criterion for increasing the responsibility of state bodies and officials to society and evaluating their activities.

To date, such systems as "online reception" and "virtual visit" have been introduced, allowing for quick and economical identification of problems on the ground in order to optimize their expenses related to the maintenance of the public administration apparatus, eliminate corruption factors and establish effective public control over budget spending.

As an example, it is worth mentioning that in recent years a new system of dialogue with the people has been created – the activities of the presidential virtual and people's reception rooms. Of the 9,465,000 applications received by the virtual reception of the President, about 9,379,000 have been considered, the rest are also being resolved in accordance with the procedure established by law. The results of the public discussion can also be found on the "portal for discussions of draft regulatory legal acts" (regulation.gov.uz), which is clearly seen in the example. To date, 25384 draft regulatory legal acts have been posted on this portal for public discussion, of which 25183 have already been completed.

In recent years, the study of public opinion has become publicly available. The Open Budget portal was launched to exercise public control over targeted budget expenditures. Citizens can send messages about violations of budget legislation through the Portal, suggestions for improving the budget process, while receiving information such as the state budget, budget execution through this portal. In particular, an initiative budget has been launched through the Open Budget information portal, which is held 2 times a year. Thanks to this portal, citizens are focused on solving problems through joint voting. In the first season (February) 2024, 35,575 initiatives were supported, for which 3,390.5 billion soums were allocated.

Establishing the accountability of public authorities to parliament and local councils, as well as the introduction of the Electronic Government system, led to a further strengthening of public control. As a result, today in our country there is a single interactive portal of public services (my.gov.uz), an open data portal (data.egov.uz), a portal for discussing draft regulatory documents (regulation.gov.uz), and a complex of information systems “License" (license.gov.uz), information system for automating the activities of Single Window centers (birdarcha.uz).

Since 2023, in order to improve the system for identifying and solving social problems among the population in our republic, the practice of monthly hearing information from the heads of relevant government bodies and organizations in the mahalla council has been established, and new forms of public control have been introduced - “mahalla control” groups and “survey” institutions mahalla chairmen." Also, on behalf of the President, the “digital mahalla” system and the “people’s control” platform were improved.

The “My Opinion” web portal, which is under the jurisdiction of the Public Chamber, was created in order to expand the opportunities of citizens in our country to participate in the management of the affairs of society and the state, to ensure the openness of the activities of representative bodies of state power, to ensure the viability and effectiveness of the public administration system. Through this portal, a citizen can send proposals on legislation on important issues of state and public importance in the form of an electronic collective appeal. The My Opinion web portal, which is under the jurisdiction of the Public Chamber, was created in order to expand the opportunities of citizens in our country to participate in the management of the affairs of society and the state, to ensure the openness of the activities of representative bodies of state power, to ensure the viability and effectiveness of the public administration system. Through this portal, a citizen can send proposals on legislation on important issues of state and public importance in the form of an electronic collective appeal "Meningfikrim.uz "(My opinion). To date, more than 6670 collective appeals and about 30,000 comments have been received through the portal.

In recent years, political parties, which are considered to be one of the main actors of civil society in our country, have been given not only ample opportunities for free participation in elections, but also control over the executive branch. Political parties also have the right to exercise public control based on the interests of the public and their electorate. During election processes, local observers at polling stations consist of representatives of political parties and citizens' self-government bodies.

The role of the media in developing openness and transparency in our society, establishing public control over the activities of government bodies and their officials, studying and resolving legal appeals from citizens is also incomparable. In particular, the number of media registered in 2016–2023 increased by 41%, that is, in 2016 their number was 1614, and by 2023 it reached 2140. The number of mobile Internet users also exceeded 33 million.

As can be seen from the above, the main purpose of public control is to ensure respect for the rights, freedoms and legitimate interests of citizens, to ensure legality in the activities of state bodies and officials, and to protect the interests of society.

The Uzbekistan 2030 strategy, developed based on the results of public discussions in order to create a fair and modern state serving the people, identified such priority tasks as: creating the necessary conditions for public participation in the activities of local councils, broad involvement of civil society institutions and the gradual digitalization of their activities, establishing the practice of assessing the activities of heads of state bodies and their deputies based on public opinion, and intensified continuation of work to form an unparalleled attitude towards corruption in society.

As a result of public control, the activities of state bodies in the country are objectively studied, their shortcomings are identified, various violations of legislation are prevented, public participation in the implementation of laws and their preparation is ensured, broader conditions are created for the prompt solution of various problems in society and the will of the population, and special attention should be paid to the fact that public control implies not only control over the quality of the work performed, but also the use of opportunities, as well as participation in their development.

In conclusion, I would like to note that in our republic, constitutional status has been given a state public control. In the new Uzbekistan, the participation of citizens in the management of the affairs of society and the state, including the development and improvement of public control over the activities of state bodies, provides ample opportunities for the full-fledged formation and strengthening of civil society in our country.  If the public control in the country is strong, the state is more humane, free and fair.

N.S.Rasulova, candidate of historical sciences Associate professor of the University  of Public safety of the Republic of Uzbekistan

Over the past eight years, relations between Uzbekistan and Türkiye have undergone a profound qualitative transformation, evolving from traditionally friendly ties into a full-fledged strategic partnership with a strong economic, investment, and industrial dimension. While the period prior to 2017 was largely characterized by inertia, the launch of large-scale reforms in Uzbekistan marked a decisive shift in bilateral relations toward practical cooperation focused on trade, investment, and joint manufacturing.

A key role in this transformation has been played by the political will and personal engagement of the leaders of both countries - President of the Republic of Uzbekistan Shavkat Mirziyoyev and President of the Republic of Türkiye Recep Tayyip Erdoğan. Regular high-level dialogue has provided Uzbek-Turkish relations with stability, strategic coherence, and a long-term economic horizon.

Political Foundations as a Driver of Economic Convergence

Diplomatic relations between the two countries were established in 1992; however, a turning point came in October 2017 with the signing of the Joint Declaration on Strategic Partnership in Ankara. This step laid a solid institutional foundation for the rapid expansion of trade, economic, and investment cooperation.

In 2018, the High-Level Strategic Cooperation Council was established in Tashkent under the co-chairmanship of the two presidents. Its meetings in 2020, 2022, and 2024 became key platforms for aligning priorities in trade, investment, industry, transport, and interregional cooperation. Over time, political dialogue has evolved from declarative engagement into a practical instrument supporting concrete economic initiatives and project-based decisions.

Trade: Scale, Structure and Institutional Incentives

Türkiye is firmly among Uzbekistan’s largest trading partners. In 2020, bilateral trade turnover amounted to USD 2.1 billion, reaching USD 3.02 billion by the end of 2025.

Uzbekistan’s exports to Türkiye are predominantly industrial in nature, comprising non-ferrous metals and metal products, textiles, services, plastics, and food products. Imports from Türkiye consist mainly of mechanical and electrical equipment, chemical products, textiles, pharmaceuticals, and metal structures, reflecting Türkiye’s role as a key source of industrial technologies and equipment.

A significant qualitative step forward was the signing of the Preferential Trade Agreement in 2022, which entered into force in 2023. In 2025, the parties began expanding the list of goods covered by preferential treatment, creating additional incentives for trade diversification and deeper industrial cooperation.

Investment Cooperation: From Presence to Systemic Engagement

Investment cooperation is one of the most dynamically developing areas of bilateral relations. In 2024, the volume of Turkish investments utilized in Uzbekistan reached USD 2.2 billion, while in January-November 2025 it increased to USD 3.2 billion. A total of 2,137 enterprises with Turkish capital operate in Uzbekistan, including 496 joint ventures and 1,641 wholly Turkish-owned companies.

These enterprises are active in textiles and furniture manufacturing, construction, trade, transport, logistics, and services. Importantly, a substantial share of them is export-oriented, strengthening Uzbekistan’s integration into regional and global value chains.

Industrial Cooperation: Transition to Joint Manufacturing

In recent years, Uzbek–Turkish cooperation has increasingly shifted from traditional trade toward industrial partnership. Turkish companies are actively involved in establishing production facilities across Uzbekistan’s regions, introducing modern technologies, management standards, and export-oriented business models.

Regular meetings of the Intergovernmental Commission on Trade and Economic Cooperation, accompanied by business forums, result in detailed roadmaps comprising dozens of measures covering industry, energy, logistics, and regional projects. This approach forms a solid foundation for sustainable industrial partnership.

Interregional Cooperation: Localized Economic Engagement

Active interregional interaction has become an essential element of the new partnership model. In 2024, targeted visits by delegations from the Fergana, Khorezm, Namangan, Navoi, Samarkand, and Jizzakh regions, as well as the city of Tashkent, were held to various regions of Türkiye.

This format enables a shift from framework agreements to concrete investment projects, creates direct B2B and B2G communication channels, and contributes to a more decentralized and resilient architecture of cooperation.

Transport and Logistics as Pillars of Trade and Investment

The expansion of trade and industrial cooperation naturally increases the importance of transport and logistics interaction. Türkiye is viewed by Uzbekistan as a key logistical gateway to European and Mediterranean markets, while Uzbekistan is becoming an important hub for Türkiye’s access to Central Asia.

The development of rail and road transport, along with intensive air connectivity - up to 97 regular flights per week across eight routes - enhances business mobility, supports investment activity, and strengthens economic integration between the two countries.

Prospective Areas of Cooperation: Converging Interests

The established economic core of Uzbek–Turkish relations provides a basis for a new phase of cooperation, shifting from quantitative growth to deeper structural and technological integration.

Localization and joint development of industrial production remain key convergence points. Uzbekistan offers industrial zones, resources, and a growing domestic market, while Türkiye contributes technology, design, managerial expertise, and access to external markets.

The textile and light industry is evolving toward the production of finished branded goods and contract manufacturing for international retail chains. Mechanical engineering and electrical equipment sectors are creating prerequisites for the establishment of assembly and production facilities. The agro-industrial complex offers opportunities for deep processing and joint exports of food products.

A separate strategic direction is the joint entry into third-country markets, where the combination of Uzbekistan’s production potential and Türkiye’s trade and logistics infrastructure creates substantial competitive advantages.

Overall, over the past eight years Uzbekistan and Türkiye have built a resilient model of strategic partnership based on trade, investment, industrial cooperation, interregional engagement, and transport connectivity. Trade turnover exceeding USD 3 billion, multi-billion-dollar investments, and thousands of joint enterprises testify to the maturity and long-term nature of bilateral relations.

Mashrab Mamirov,

Ziyoda Rizaeva, Center for Economic Research and Reforms

The global economy is developing amid the restructuring of global supply chains. At the same time, the role of regional formats capable of creating additional opportunities for trade, investment, and industrial cooperation is increasing.

One such format is the Shanghai Cooperation Organization (SCO), which marks its 25th anniversary in 2026. Over the past quarter-century, the organization has significantly expanded its membership, geographical reach, and areas of cooperation, while accumulating considerable experience in multilateral and economic cooperation and developing substantial resource and transport potential.

For Uzbekistan, cooperation within the SCO is important for expanding trade, investment, industrial, and transport ties.

The Growing Importance of the SCO

Over the past quarter-century, the SCO has undergone substantial institutional development. Established in 2001 by six countries, the organization today comprises 10 member states (Kyrgyzstan, China, Russia, Kazakhstan, Tajikistan, Uzbekistan, India, Pakistan, Iran, and Belarus). India and Pakistan joined the SCO in 2017, Iran became a full member in 2023, and Belarus in 2024. The Organization has 17 partner states, including Azerbaijan, Mongolia, and Afghanistan.

Guided by its fundamental principles, the SCO serves as a reliable guarantor of stability and security in the region, particularly in Central Asia. Amid a rapidly changing international environment and persistent instability, this role of the Organization is becoming increasingly important.

The SCO is neither bloc-based nor confrontational in nature and remains open to cooperation. This clearly demonstrates that its activities are not directed against the interests of other countries or international organizations.

All decisions within the SCO are made by consensus and require the full agreement of all member states. This principle ensures that the interests of every participant are taken into account, guarantees equality among member states, and enhances the Organization’s appeal as a platform for multilateral cooperation.

Today, the SCO member states cover more than 65% of Eurasia’s territory. Their combined population is around 3.4 billion people, or more than 42% of the world’s population. The combined nominal GDP of the SCO countries exceeds $26 trillion, accounting for around one-quarter of the global economy. In purchasing power parity terms, the organization’s member states account for more than one-third of global GDP.

In 2025, the combined economic growth of the SCO countries was around 5%, compared with global growth of 3.4%. The member states differ in terms of economic size, production structure, resource endowment, competitive advantages, and degree of market openness. This diversity creates broad opportunities for specialization, industrial cooperation, and economic complementarity.

The SCO countries possess substantial energy and mineral resources, a developed industrial base, and growing consumer markets. According to calculations based on international energy statistics, the organization’s member states account for around 69% of global coal production and approximately 30% of natural gas production. Their resource endowment and market capacity create favorable conditions for implementing major industrial, energy, and infrastructure projects.

Between 2015 and 2024, intra-SCO trade (exports) increased almost 2.5-fold, from $271 billion to $674 billion. Over the same period, its share in the countries’ combined foreign trade increased from 8.9% to 14.2%.

The expansion of trade ties is being supported by the development of transport routes, digitalization of trade procedures, and the increasingly widespread use of national currencies in mutual settlements.

An important milestone in the SCO’s institutional development was the 2025 Tianjin Summit, where the SCO Development Strategy through 2035 was adopted. The document defined long-term priorities for multilateral cooperation. Of particular importance was the decision to establish the SCO Development Bank, which is expected to expand financing opportunities for regional infrastructure and investment projects.

Uzbekistan and the SCO in the System of Economic Relations

Uzbekistan’s foreign economic relations with the SCO countries have intensified considerably in recent years. According to estimates by the Center for Economic Research and Reforms, between 2017 and 2025, trade turnover increased 3.1-fold, from $12.9 billion to $40.6 billion. Exports grew nearly 1.8-fold, from $5.8 billion to $10.65 billion, while imports increased 4.2-fold, from $7.1 billion to $29.96 billion.

As a result, in 2025 the SCO countries accounted for around half of Uzbekistan’s total foreign trade turnover, including 31.5% of the country’s exports and 63.3% of its imports.

Geographically, the bulk of trade is concentrated in China, Russia, and Kazakhstan. In 2025, Uzbekistan’s trade turnover with China reached $17.2 billion, with Russia $13 billion, and with Kazakhstan $5 billion. Together, these three countries accounted for around 87% of Uzbekistan’s trade with SCO member states.

Trade with India reached $1.3 billion, followed by Kyrgyzstan at $1.2 billion, Belarus at $965 million, Tajikistan at $912 million, Iran at $579 million, and Pakistan at $446 million.

The SCO countries are major markets for Uzbek fruit and vegetables and other food products, textiles, electrical goods, and automotive products.

A significant share of imports from SCO countries consists of machinery and equipment, industrial goods, raw materials, and food products used by Uzbekistan’s domestic market and manufacturing sector.

The existing trade structure demonstrates Uzbekistan’s high level of economic interconnectedness with SCO countries.

Investment and Industrial Cooperation within the SCO

Further development of trade between Uzbekistan and the SCO member states creates a foundation for deeper investment and industrial cooperation. For Uzbekistan, particular interest lies in moving toward joint ventures, localization of technological processes, and the development of industrial cooperation between enterprises across SCO countries.

In 2025, the volume of foreign investment and loans in fixed capital in Uzbekistan amounted to $33.5 billion. Manufacturing accounted for 33.2% of the total, electricity and gas supply for 17.1%, and mining for 11.9%. The structure of investment indicates significant potential for further development of industrial cooperation, joint production, and localization of technological processes.

SCO member states occupy a significant place in Uzbekistan’s investment cooperation. In 2025, investment from the Organization’s member states amounted to $17.5 billion. The largest volumes came from China ($13 billion) and Russia ($2.6 billion). Other partners included Kazakhstan ($870 million), Iran ($265 million), India ($247 million), Kyrgyzstan ($197 million), Tajikistan ($196 million), Belarus ($76.5 million), and Pakistan ($52.5 million).

Facilitating mutual trade, harmonizing standards, developing production and logistics chains, and promoting mutual investment were identified by President of the Republic of Uzbekistan Shavkat Mirziyoyev at the 2025 Tianjin Summit as priority areas of economic cooperation within the SCO. To promote direct business dialogue, the President proposed holding an annual “SCO Invest” Investment Forum.

The initiative received practical follow-up as early as 2026. During Kyrgyzstan’s SCO chairmanship, the SCO Investment and Business Forum was held in Bishkek on June 24–25 with representatives of the organization’s member states. The forum covered investment and trade and economic cooperation, industrial and technological cooperation, the digital economy, artificial intelligence, e-commerce, and new industrialization.

Another area of industrial cooperation involves utilizing the resource potential of SCO countries. Uzbekistan’s initiative to establish an SCO Regional Center for Critical Materials provides for cooperation in modern technologies for the extraction and deep processing of mineral resources. The proposed SCO Energy Consortium is aimed at developing joint energy projects. Uzbekistan has also proposed establishing a network of venture companies and funds to support innovative projects.

For Uzbekistan, these new cooperation formats within the SCO expand opportunities for attracting investment and technology, localizing production, and increasing the output of high-value-added products.

Transport Connectivity and New Routes

Transport cooperation occupies one of the most important places in Uzbekistan’s trade and economic relations with SCO countries. According to estimates by the Center for Transport and Logistics Development Studies, over the past five years the volume of international freight transportation with the organization’s member states increased by 40%, or 9 million tonnes, reaching 33.5 million tonnes in 2025. SCO countries account for around 80% of Uzbekistan’s international freight transportation, with the largest volumes involving Russia, Kazakhstan, China, and Kyrgyzstan. According to Uzbekistan’s Ministry of Transport, freight transportation with SCO countries could reach 47 million tonnes by 2030.

Growing freight flows are increasing the importance of new routes connecting East, Central, and South Asia. The 2025 Tianjin Declaration provides for further cooperation along the North–South and East–West corridors, the establishment and modernization of international transport routes, greater use of the transit potential of SCO member states, and the digitalization of logistics procedures.

One of the most significant projects for Uzbekistan is the China–Kyrgyzstan–Uzbekistan railway, construction of which began in December 2024. The new route is expected to shorten the distance from East Asia toward the Middle East and Southern Europe by around 900 km, while reducing delivery times by 7–8 days. Potential freight volumes are estimated at 12–15 million tonnes per year (Ministry of Transport of Uzbekistan).

Another important route is the Uzbekistan–Afghanistan–Pakistan railway. In July 2025, the parties signed a framework intergovernmental agreement on preparing its feasibility study. Linking the two railway projects would make it possible to create a continuous route from China through Central Asia and Afghanistan to Pakistan and the ports of the Indian Ocean.

Infrastructure projects are complemented by efforts to optimize railway transportation conditions. At Uzbekistan’s initiative, the creation of an SCO Council for the Integration of Railway Networks is being considered, with the aim of reducing physical and administrative barriers and improving the connectivity of member states’ railway systems.

For Uzbekistan, the development of new transport corridors expands access to the markets of Eurasia and South Asia and strengthens the country’s potential as a transit hub between the SCO’s major economic centers.

New Areas of Cooperation

The expansion of economic interaction within the SCO is accompanied by the emergence of new areas for joint work. Scientific and technological cooperation, energy, environmental protection, food security, education, and tourism are already part of the organization’s sectoral cooperation framework, while a number of recent initiatives are aimed at creating practical mechanisms in these areas.

One promising area remains scientific and technological cooperation. At the 2025 Tianjin Summit, Uzbekistan proposed creating an “SCO Network of Innovation and Technology Hubs” to generate new ideas and facilitate technology transfer. Artificial intelligence, big data, robotics, bioengineering, and alternative energy were identified among the priority areas.

Considerable potential is concentrated in energy and the green transition. According to China’s National Energy Administration, by the end of 2024 the total installed renewable energy capacity in SCO countries had reached 2.31 billion kW, increasing 14.5-fold compared with 2001 and accounting for around half of the global total. In 2025, SCO countries adopted a Statement on Cooperation in the Field of Green Industry. Uzbekistan also proposed establishing an SCO Energy Consortium and a Regional Platform on climate adaptation, decarbonization, and the use of artificial intelligence to forecast environmental risks.

Environmental cooperation is particularly important for Central Asia. Since 2013, the Central Asian Research Center for Ecology and Environment has been operating in Tashkent as part of cooperation between China and the countries of the region. More than 80 monitoring stations have been deployed in the Aral Sea region, while joint research covers ecosystem and water-resource conditions, salt and dust storms, and the restoration of saline lands.

Food security is another important area. The SCO has established a mechanism for meetings of agriculture ministers, while cooperation covers agricultural technologies, scientific research, breeding and seed production, resource-efficient technologies, and agricultural trade. For Uzbekistan, expanding this cooperation is important for improving agricultural productivity and gaining access to the large food markets of SCO member states.

Humanitarian cooperation encompasses education, science, and culture. Uzbekistan has proposed creating an online campus within the “SCO University” partner network, holding annual competitions and Olympiads for students and young professionals in innovative fields, and establishing a Great Silk Road Cultural Dialogue.

At the Tianjin Summit, Uzbekistan also proposed exploring the launch of a “Tourism Corridor.” In 2026, the initiative received practical follow-up. At a meeting of the heads of tourism authorities of SCO member states in Bishkek, the parties discussed the development of tourism corridors and joint routes, including attracting visitors from third countries. In April, at a meeting of SCO health ministries, particular attention was also given to Uzbekistan’s proposed concept for a Medical Tourism Alliance and mechanisms for its implementation.

Conclusion

As the SCO marks its 25th anniversary, the organization is entering a new stage of institutional development of economic cooperation. The SCO Development Strategy through 2035 has been adopted, along with the decision to establish the SCO Development Bank; discussions on its financial and governance model are ongoing, and a new strategy for the SCO Interbank Consortium for 2027–2031 is being prepared. At the same time, transport projects are advancing and sectoral cooperation is expanding in energy, industry, technology, agriculture, and tourism.

The next stage will largely depend on the ability of existing and emerging mechanisms to ensure the implementation of multilateral projects. Establishing the SCO’s own project-financing instrument is becoming particularly important. Further progress is also required in the digitalization of trade and customs procedures, settlements in national currencies, integration of transport routes, and convergence of conditions for doing business.

For Uzbekistan, further deepening economic cooperation within the SCO is primarily associated with expanding technological and investment cooperation, industrial partnerships, deeper processing of raw materials, and access to new markets. The wide range of partners within the organization enables the country to diversify its sources of investment, production linkages, and export destinations.

It is the practical implementation of multilateral mechanisms that will determine the next stage of economic cooperation within the SCO. In this context, the anniversary Bishkek Summit, to be held under the motto “25 Years of the SCO: Together Towards Sustainable Peace, Development and Prosperity,” will become an important milestone in the further institutional development of cooperation. The organization approaches the summit with a number of decisions already adopted and initiatives that moved into the practical development stage in 2026. Their implementation will demonstrate how consistently the SCO can transform agreements into joint economic projects and sustainable mechanisms of cooperation.

The upcoming visit of the President of Tajikistan, Emomali Rahmon, to Uzbekistan on March 26–27 is set to provide additional momentum to Uzbek-Tajik relations, which have demonstrated steady positive dynamics in recent years.

Today, bilateral ties are on the rise, experiencing the best period in their history. Tashkent and Dushanbe have successfully resolved long-standing issues, creating a solid foundation for a transition to a qualitatively new stage of engagement. While cooperation was previously characterized as episodic and largely dependent on opportunistic factors, it has now acquired a systemic, multi-level, and strategic nature.

The consistent and far-sighted policies of the two heads of state have played a pivotal role in this process. Regular and trust-based contacts between Shavkat Mirziyoyev and Emomali Rahmon have contributed to the renewal of the entire system of interstate relations, imparting a resilient internal dynamic.

Since 2017, the leaders of Uzbekistan and Tajikistan have held over 40 meetings, underscoring a shared political will for the consistent development of cooperation. The logical culmination of this course was the signing of the Treaty on Allied Relations in 2024, which institutionalized the long-term strategic character of their interaction. The upcoming negotiations are expected to consolidate achieved results and define new benchmarks for the partnership.

This atmosphere of trust has been reinforced by a robust institutional framework. Regular consultations between foreign ministries, expanded cooperation across line agencies, and the effective work of the Intergovernmental Commission form a stable architecture for bilateral engagement. The inter-parliamentary dimension has also strengthened significantly: the cooperation group established in 2020 provides essential support for initiatives and oversees their implementation.

The intensive political dialogue is naturally reflected in the economy, which serves as a barometer of profound structural changes. Since 2017, bilateral trade turnover has increased nearly fourfold – from $237 million to over $900 million by the end of 2025 – demonstrating sustainable growth. Furthermore, the trade structure is evolving: alongside traditional commodities, the share of high-value-added products, such as textiles, construction materials, electrical engineering, and machinery, is increasing. This indicates a transition to a more diversified model of economic engagement aimed at reaching the $2 billion mark in the medium term.

Simultaneously, the focus is gradually shifting from trade to investment and industrial cooperation. Since 2017, the number of enterprises with Tajik capital in Uzbekistan has grown more than 13 times, reaching 343. Uzbek business is also actively expanding in Tajikistan, where approximately 70 companies currently operate, reflecting the growing mutual trust within the business community.

As part of this cooperation, the Uzbek-Tajik Interregional Investment Forum was launched in 2021. In the same year, a joint investment company was established with an authorized capital that subsequently increased more than fourfold – from $12 million to over $50 million. This has provided a financial base for implementing major projects in industry, energy, agriculture, healthcare, banking, and construction.

The development of modern border infrastructure is of substantial importance for further integration. Specifically, the creation of a trade and logistics hub at the "Fotekhobod – Oybek" border crossing will enhance the efficiency of trans-border trade. Concurrently, the Urgut district is being developed as a comprehensive transport, logistics, and trade hub, capable of transforming border areas into centers of economic activity.

Ongoing projects include the establishment of trade, logistics, and medical complexes, as well as a logistics center with a capacity of up to 100 heavy-duty trucks per day. In parallel, efforts are underway to simplify customs procedures. The construction of the Samarkand–Urgut railway line will be a significant step toward reducing transport costs and enhancing regional connectivity.

Equally indicative is the transformation of cooperation in the water and energy sector – traditionally one of the most sensitive issues in the region. Moving away from past competition, the parties are consistently building a pragmatic model that accounts for mutual interests, implementing joint projects to modernize irrigation systems and develop hydropower. This approach demonstrates that even the most complex issues can serve as a basis for sustainable cooperation and development.

The most profound changes are occurring in the cultural and humanitarian sphere. Expanding contacts between citizens, the growth of mutual travel, and the development of cultural and educational exchanges are forming a shared humanitarian space where interstate ties have acquired a new quality.

The liberalization of travel regulations has revitalized tourism cooperation. In June 2022, the Tashkent–Dushanbe passenger train was launched; regular bus routes between Tashkent–Khujand and Kokand–Shaidon were resumed; and air connectivity has expanded, currently reaching 16 flights per week.

As a result, 2.7 million citizens of Tajikistan visited Uzbekistan last year alone, reflecting a high level of mutual trust and openness. Political agreements are increasingly translating into the practical reality of daily interaction.

This process is further bolstered by the historical and ethno-cultural proximity of the two nations. The presence of significant Tajik communities in Uzbekistan and Uzbek communities in Tajikistan makes this cooperation a natural extension of established social and cultural ties. In this context, the humanitarian dimension has become a key factor in the stability of the allied relationship.

Against this backdrop, the upcoming visit of Emomali Rahmon to Tashkent is intended not only to consolidate achieved milestones but also to set new strategic directions for future engagement. Its outcomes will undoubtedly be reflected in concrete projects and initiatives that will further strengthen the bilateral partnership and enhance the resilience of the entire region.

The formula of "comprehensive strategic partnership" in relations between Uzbekistan and Türkiye has in recent years ceased to be merely a diplomatic definition and increasingly reflects the actual substance of bilateral cooperation. Political dialogue, economic collaboration, humanitarian contacts, and transport connectivity form the stable pillars of systemic Uzbek-Turkish relations.

Analysis of the current state of partnership between the two countries confirms that Tashkent and Ankara have successfully established an institutional architecture for comprehensive strategic partnership. The key mechanism of bilateral interaction is the High-Level Strategic Cooperation Council co-chaired by the presidents of both states, with its fourth meeting scheduled for 2026. This format ensures systematic political dialogue and coordination of joint efforts across a broad spectrum of areas.

An important factor in the effective functioning of this institutional system is the active and trusting dialogue between Presidents Shavkat Mirziyoyev and Recep Tayyip Erdoğan, maintained through regular telephone conversations and meetings on the sidelines of international events. Such dynamics impart a personal dimension to strategic interaction and create a favorable environment for deepening practical cooperation at the levels of governments, businesses, and expert communities of both countries.

Uzbek-Turkish relations gain an additional dimension through cooperation within the Organization of Turkic States (OTS). The participation of Tashkent and Ankara in this organization's activities allows bilateral initiatives to be elevated to a broader regional level and to find synergy with other countries of the Turkic world. OTS summits, including those held in 2025, have demonstrated participants' commitment to giving practical substance to cooperation from economy and transport to culture and digital development.

For Uzbekistan and Türkiye, this creates opportunities for advancing joint projects, harmonizing approaches to the regional agenda, and strengthening their positions in a broader geopolitical space.

Uzbek-Turkish cooperation carries significant regional and international dimensions. During a meeting in the "4+4" format in January 2026, the parties discussed regional and international issues, including the situations in Afghanistan, Gaza, Ukraine, and Syria. This demonstrates the two states' intention to coordinate their positions on key items of the international agenda.

Against the backdrop of strengthening political understanding and institutional consolidation of Uzbek-Turkish partnership, the economic component of bilateral relations acquires particular importance, becoming a key driver for their further development.

Trade and economic cooperation between Uzbekistan and Türkiye has demonstrated consistent progress in recent years. The target of raising bilateral trade turnover to USD 5 billion in the medium term and to USD 10 billion in the longer term remains relevant and reflects the potential of bilateral ties. Trade volume in 2025 exceeded USD 3 billion, indicating significant progress compared to figures from eight years prior.

Particularly noteworthy is the structure of economic interaction. The relationship involves not only trade but also the formation of a stable investment presence. By the end of 2025, more than 2,100 enterprises with Turkish capital participation were operating in the country a testament to the establishment of a sustainable Turkish business ecosystem in Uzbekistan and one of the highest figures among Uzbekistan's foreign partners. The dynamics of direct investment from Türkiye clearly confirm the progressive strengthening of this area of cooperation: USD 2.2 billion was invested in Uzbekistan in 2024, and USD 2.9 billion during January–October 2025.

The parties are conducting systematic work to expand economic cooperation. In particular, during the 4th meeting of the Joint Strategic Planning Group held on January 21, 2026, progress was noted in implementing the Action Plan of the 8th meeting of the Joint Economic Commission (JEC). The key role of the JEC as an effective mechanism for developing practical trade and economic cooperation between Uzbekistan and Türkiye was emphasized.

For Uzbekistan, cooperation with Türkiye is valuable in that Turkish businesses bring not only capital but also managerial expertise, technologies, and production culture. For Türkiye, the Uzbek market is attractive as a dynamically developing economy with a population exceeding 38 million and growing domestic demand. In this sense, interaction increasingly takes on the character of mutual complementarity.

One of the notable trends of 2025 was the development of transport connectivity between the two countries, primarily in the aviation sector. The number of weekly flights reached 97, with routes expanding to 8 destinations. The broadening of geography and frequency of direct flights between Tashkent, Samarkand, Namangan, Andijan, Ankara, Istanbul, and Izmir promotes growth in business mobility, tourist flows, and humanitarian contacts. The launch of new routes by both national and private carriers became an important practical step toward further rapprochement.

The increase in flight numbers offers not only passenger convenience but also broader economic effects. It facilitates contacts between entrepreneurs, simplifies participation in exhibitions and negotiations, and makes accompanying joint projects more accessible. Prospectively, this also creates prerequisites for developing air cargo transportation, which could further strengthen trade and economic ties.

Energy cooperation also demonstrates positive dynamics. Turkish companies are actively participating in modernizing Uzbekistan's energy infrastructure, including projects for developing renewable energy sources.

Particular emphasis must be placed on the special role of cultural and humanitarian interaction in developing bilateral relations. Common historical, cultural, and linguistic roots create a favorable foundation for expanding cooperation in education, science, culture, and tourism. Branches of leading Turkish universities operate in Uzbekistan, joint educational programs are implemented, and student and faculty exchanges take place.

Tourist exchange between the two countries shows sustained growth. By the end of 2025, Türkiye entered the top five countries by number of tourists visiting Uzbekistan. In turn, Türkiye remains one of the most popular tourist destinations for Uzbek citizens. Development of tourism ties contributes to strengthening intercultural dialogue and people-to-people diplomacy.

These figures reflect not only the attractiveness of the Turkish tourism market but also the general expansion of population mobility. In the long term, it is precisely cultural and humanitarian ties that form the solid social foundation of bilateral partnership.

Analysis of 2025 dynamics allows identification of several directions that could become key to further deepening Uzbek-Turkish partnership:

First, development of industrial cooperation. The existing network of joint enterprises could become the basis for more complex projects oriented not only toward the domestic market but also toward exports to third countries. Such an approach corresponds to the strategic objectives of both economies.

Second, transport, logistics, and infrastructure. Expansion of air connectivity is an important step, but the potential for cooperation in this sphere is significantly broader and includes development of multimodal transportation, warehousing infrastructure, and digital trade solutions.

Third, services and human capital. Türkiye possesses considerable expertise in tourism, medicine, construction, and education. For Uzbekistan, interaction in these areas opens opportunities not only for adopting experience but also for jointly entering regional markets.

Uzbek-Turkish relations are developing on a positive and constructive basis, confirming the maturity and stability of bilateral interaction. The parties demonstrate readiness for dialogue, pragmatism, and a commitment to considering mutual interests. The growing number of joint enterprises, expanding transport links, increasing tourist flows, and stable political dialogue form a solid foundation for further development of cooperation.

Alisher Kadirov,

Head of Department of the Institute of Strategic and Regional Studies under the President of the Republic of Uzbekistan

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.

Today, during a meeting with journalists, Azizbek Urunov, Special Representative of the President of Uzbekistan on WTO issues, answered questions from a correspondent of Dunyo Information Agency:

-How does WTO membership align with the “Uzbekistan - 2030” strategy?

-It fully aligns with it. Uzbekistan’s accession process to the World Trade Organization effectively began in the early days of the large-scale reforms launched under the leadership of President Shavkat Mirziyoyev in 2017. In the initial years, the primary focus was placed on urgent and systemic economic reforms.

These included the liberalization of currency policy, a comprehensive revision of foreign trade policy and a significant reduction and simplification of import tariffs, which helped strengthen competition in the economy and the domestic market.

The active phase of WTO accession negotiations began in 2020. Prior to that, over a period of three to four years, the country deliberately prepared its economy and regulatory framework to meet WTO requirements. A frequently asked question is why the accession process has taken so long, given that Uzbekistan submitted its application back in 1994. Meaningful progress only began after 2020, as before that time the economy and its regulatory mechanisms objectively did not meet WTO standards.

Before 2016, foreign trade was subject to strict regulation. For example, there was a practice of approving a limited list of enterprises authorized to export, particularly in the agricultural sector. The main participants in foreign economic activity were state structures and foreign trade companies affiliated with sectoral ministries.

However, WTO principles are based on equal conditions for all market participants and non-discriminatory access to foreign trade activities. That is why, as part of the reforms, foreign trade policy was comprehensively revised and liberalized. Today, any enterprise has the right to engage in foreign economic activity.

This was not merely an issue of currency convertibility, but rather a set of comprehensive reforms of the entire foreign trade regulatory system, including the elimination of exclusive rights held by state enterprises and the creation of a competitive environment.

I believe it is no secret that the WTO accession process is under the personal oversight of the President of the country. Over the past two to three years, a qualitative breakthrough has been achieved and today Uzbekistan is at the final stage of the negotiation process.

– What long-term national interests does Uzbekistan aim to protect through its accession to the WTO?

As a developing country, Uzbekistan, in accordance with WTO agreements, retains the right to protect certain sectors of the economy in the event of specific difficulties. At the same time, it is important to remember that the fundamental goals of the WTO are to improve the welfare of the population, create jobs and ensure sustainable economic development for member countries.

From a strategic perspective, WTO membership serves two key objectives for Uzbekistan.

The first is exports. Without an active export policy and integration into global value chains, achieving long-term and sustainable economic growth is virtually impossible. Relying solely on the domestic market has inherent limitations. As the domestic market becomes saturated, growth potential diminishes and further development is only possible through expanding presence in foreign markets.

The second objective is investment, primarily quality investment. It is important not only to attract capital but also to ensure its technological, institutional and managerial value. WTO membership sends an international signal that the country’s economy operates under transparent, predictable and investor-friendly rules.

This creates additional conditions for the development of industry and the service sector. Today, about half of Uzbekistan’s GDP is generated by the services sector, indicating its enormous potential for further growth.

Furthermore, Uzbekistan’s geographic location offers significant opportunities. The country is surrounded by dynamically developing markets such as China, the European Union, the Middle East, and India. The active economic development of Saudi Arabia, the UAE, Qatar, Kuwait and other countries generates steady demand for agricultural and industrial products as well as services. This creates favorable conditions for integrating Uzbekistan into global value chains.

– Is it already possible today - at least approximately, in monetary terms - to estimate the total benefit to Uzbek businesses from the removal of tariff regulations within the framework of Uzbekistan’s accession to the World Trade Organization?

– Ten years ago, Uzbekistan’s GDP was around USD 50 billion. By the end of 2025, it had reached approximately USD 147 billion.

Whereas an increase of, say, 5 billion dollars used to represent about 10 percent of GDP, today it accounts for only around 3 percent. Therefore, it is more important to talk not about absolute figures, but about the additional momentum for economic growth.

According to World Bank estimates, WTO membership could provide an additional GDP growth of roughly 17 percent over the next 5–7 years. In the longer term, international studies indicate that developing countries that are WTO members typically achieve an extra 1–1.5 percent GDP growth per year compared with non-member states.

Even a 1 percent additional growth per year, accumulated over 5, 10, or 15 years, can significantly transform a country’s economy.

– What specific instruments and legal mechanisms of WTO rules will work to protect the interests of Uzbekistan and its businesses?

– First and foremost, this concerns the protection of export interests. Today, there are often situations where partners are willing to purchase our raw materials but react negatively to shipments of processed products with high added value. In such cases, discriminatory measures aimed at limiting our exports may be applied.

WTO membership will allow Uzbekistan to challenge such actions in Geneva through the dispute settlement mechanisms and on a bilateral basis, relying on the universal principles of the WTO. This provides protection against unilateral and unjustified trade restrictions.

On the domestic market, the key instruments will be so-called trade remedies - anti-dumping, countervailing and safeguard measures. Currently, draft laws regulating these mechanisms are being developed in Uzbekistan.

The WTO provides developing countries with a longer time frame for applying protective measures: up to eight years and under special conditions - up to ten years. These instruments allow temporary protection for industries under pressure from imports, provided there is evidence of serious economic harm.

Anti-dumping measures are particularly important. Dumping is usually used to push competitors out of the market, followed by the establishment of monopoly prices. WTO legislation allows countries to effectively counteract such practices.

Alongside legislative development, Uzbekistan is preparing national specialists with the support of international experts. Their task is to ensure the competent and professional application of these mechanisms in practice, in the interests of fair competition and the protection of national businesses.

Dunyo IA

Tashkent

Just a few years ago, Central Asia and the Caucasus were rarely considered major players in the global technology landscape. Today, that perception is rapidly changing. The region is steadily strengthening its position on the global innovation map, attracting international investors, technology companies, entrepreneurs, and venture capital.

What makes this transformation particularly remarkable is that the countries of the region are not developing as competitors, but as complementary innovation ecosystems. Each country is building on its own competitive strengths while contributing to a shared environment for innovation, knowledge exchange, investment, and cross-border collaboration.

A Region Evolving into a Unified Innovation Ecosystem

The progress made by Uzbekistan and Kazakhstan over the past few years illustrates this transformation particularly well. In 2026, Uzbekistan was named Country of the Year by StartupBlink, recognizing the country's remarkable startup ecosystem growth. Venture investments increased more than fivefold, the number of startups surpassed 1,200, and the country is now home to 22 venture capital funds managing over $200 million in combined assets.

Both Uzbekistan and Kazakhstan have prioritized building long-term innovation infrastructure. Each country has established its own Fund of Funds to accelerate venture investment and help startups scale internationally, while Kazakhstan's fund has reached a total capitalization of $1 billion.

Today, both countries have produced unicorn companies, developed globally recognized innovation institutions—including IT Park Uzbekistan and Astana Hub—and continue to earn the confidence of international investors.

From Bilateral Cooperation to a Regional Alliance

A major milestone in regional integration came with the launch of the Central Asian Innovation Hubs (CAIH) initiative in 2024 by IT Park Uzbekistan and Astana Hub. In 2025, IT Park Tajikistan joined the alliance, further expanding regional collaboration.

Since its establishment, dozens of startups from across the region have gained access to international markets in Europe and Asia through participation in major global events such as London Tech Week, GITEX Kazakhstan, and Digital Kazakhstan.

The alliance also established two international innovation hubs in 2025: Khan Tengri Innovation Hub in Shanghai and Tumar Innovation Hub in Dubai. Today, these hubs actively support startups in entering the U.S., European, Chinese, and Middle Eastern markets, facilitating investment opportunities while strengthening research and development capabilities.

Another important initiative has been the launch of joint Market Entry Programs. In 2025 alone, more than 50 startups expanded into international markets, including the United States, the UAE, China, and others. More than 20 startups also joined leading global acceleration programs, including Draper University Hero Training Program (6 startups), AlchemistX (10 startups), and the Silicon Valley Residency Program (6 startups).

Expanding Toward the Caucasus

Discussions are currently underway to bring Azerbaijan into this growing regional partnership, creating an integrated innovation ecosystem that connects Central Asia with the Caucasus.

One of the platforms where this collaboration is already taking shape is the international innovation summit INMerge. Over the past five years, the forum has evolved from a relatively small corporate gathering into one of the largest technology events in Central Eurasia. Today, INMerge brings together participants from Azerbaijan, Uzbekistan, Kazakhstan, Georgia, Türkiye, and many other countries to discuss artificial intelligence, venture capital, digital infrastructure, startup development, and international cooperation.

In 2026, INMerge expanded beyond Baku for the first time by launching its regional Roadshow format across major innovation hubs. One of its flagship destinations was Tashkent, underscoring Uzbekistan's growing role as a leading innovation hub in Central Eurasia.

For startups, events like INMerge represent far more than networking opportunities—they provide direct access to international investors, strategic partners, and new global markets.

Digital Startup Awards: A Gateway to the Global Stage

Another example of the region's growing integration is the Digital Startup Awards, an initiative launched by Uzbekistan to foster a more interconnected innovation ecosystem. The program brings together startup founders from eight countries across Central Asia, the Caucasus, and Mongolia, and has become one of the region's leading platforms for identifying high-potential technology ventures.

More than a competition, the Digital Startup Awards offers a comprehensive growth platform for founders looking to scale their businesses, strengthen entrepreneurial capabilities, expand internationally, and secure investment.

Interest in the program continues to grow. In 2025, the Digital Startup Awards reached a new milestone by receiving a record 1,025 applications from startups across Central Asia, the Caucasus, and Mongolia.

The initiative aims to identify promising technology companies, connect them with investors and strategic partners, support their international expansion, and deepen collaboration among regional innovation ecosystems. Through programs like these, talented founders gain opportunities to compete on the global stage, while Central Asia, the Caucasus, and Mongolia continue to strengthen their position as one of the world's most dynamic emerging innovation regions.

IT Park Uzbekistan