The Central Election Commission held a meeting and a series of events today, July 26th. The primary agenda item was the preparation and high-level accomplishment of the upcoming elections for the Legislative Chamber of the Oliy Majlis and the Councils of People's Deputies in full compliance with the Constitution and laws.
According to Article 128 of the Constitution of the Republic of Uzbekistan, elections for the Legislative Chamber of the Oliy Majlis and the Councils of People's Deputies are scheduled to take place on the first Sunday of the third ten-day period of October in the year their term expires. Considering that the term of the deputies of the Legislative Chamber of the Oliy Majlis and the Councils of People's Deputies ends in 2024, the elections will be held on October 27th of this year, and the election campaign will begin on July 26th, as decided by the Central Election Commission.
These elections mark a significant departure from the past, taking place in a new socio-political environment as stipulated by our Constitution. The meeting underscored the unique features of these elections, which include:
The meeting underscored the significance of these elections as a vivid example of democratic state-building in our country and an essential means for citizens to exercise their constitutional rights to vote and be elected to democratic state bodies. The elections will involve the election of 150 deputies to the Legislative Chamber, 65 members to the Senate, 65 deputies to the Jokargy Kenes of the Republic of Karakalpakstan, deputies to 208 district (city) Councils in the regions and Tashkent city, with around 30,000 candidates and nearly 90,000 trusted representatives actively participating. Over 120,000 election commission members and more than 70,000 citizens and international observers are expected to participate in the election process.
Considering the important role of elections in state life and with the aim of widely engaging citizens in this process, the Central Election Commission announced that the elections will be held on October 27th under the slogan “My Choice—My Prosperous Homeland.”
The 'E-Saylov' information system is a key tool in making the election process more transparent and accessible. It facilitates around 60 interactions between election commissions, political party candidates, observers, and the media entirely electronically. Integrated with other electronic platforms, the system automates many procedures in the election process without human intervention. This system forms an extensive database of nearly 400,000 participants in the election process, including election commission members, candidates, and observers. Around 32,000 participants will professionally use the information system, which includes communication through 40 types of SMS notifications.
For citizens, the "E-Saylov" information system introduces several conveniences in obtaining election-related information. Specifically, it provides statistical data on voters and polling stations, information on candidates for various elections, and interactive maps to learn about candidates and their biographies.
The meeting emphasized that the "E-Saylov" information system represents a new level of technological advancement and transparency in elections.
It was also noted that according to Article 37 of the Election Code, political parties have the right to nominate candidates for deputies to the Legislative Chamber and local Councils.
To participate in the elections, political parties must have been registered by the Ministry of Justice at least four months before the announcement of the election campaign and collect at least 40,000 signatures supporting their participation.
Additionally, the meeting approved a calendar plan to ensure that the activities related to conducting the elections are carried out step-by-step within the timelines specified by election legislation. The Central Election Commission, as an impartial and independent constitutional body, will take all necessary measures to prepare for and conduct the upcoming elections in full compliance with national legislation and international election standards, ensuring the process is open and transparent.
A Press Center has also been established under the Central Election Commission.
Central Election Commission
of the Republic of Uzbekistan
Despite its limited access to the world's major ports, Uzbekistan can fully develop its transportation and logistics industry through the formation of land transport corridors, developing them throughout the Eurasian region. Being located in the center of the crossroads of trade routes during the Great Silk Road, Uzbekistan has a unique opportunity to become an important provider of logistics of cargo flows between China and Southern Europe, on the one hand, and the Indian Peninsula and CIS, Northern Europe, on the other hand.
Landlocked countries account for less than 1% of world exports. Moreover, the share of Central Asian countries in the global export of transport services is very small and is represented in the following proportions: Uzbekistan, which has access to the sea only through two countries – 0.1%, Kazakhstan – 0.3%, Tajikistan – 0.007%, Kyrgyzstan – 0.03%.
However, the transport complex of Uzbekistan maintains a dominant position in foreign trade in services and is one of the main sources of foreign currency inflow into the country. Transport services in the republic form 43% of the total volume of the country's service exports and 65% of the balance of foreign trade in services. Uzbekistan's transport service exports in 2022 amounted to $2.2 billion, and the positive balance of foreign trade in transport services amounted to $1.7 billion.
Figure 1. Uzbekistan’s share in global exports of transport services in 2022, %
Calculated according to UNCTAD and Statistics Agency of the Republic of Uzbekistan
One of the main problems of Uzbekistan's international freight transport is the underutilization of its export and transit potential, which reduces revenues from the export of transport and logistics services. For example, when comparing actual exports in tons, Uzbekistan is behind Russia by 20 times, Turkey by 10 times, and Kazakhstan by 9 times.
In 2023, the volume of interstate cargo transportation in the Republic of Uzbekistan amounted to 62 million tons, which is 16% higher than in 2022. The largest share in the volume of export-import cargo transportation of the republic falls on Kazakhstan (30%), to a lesser extent on Russia (26%), China (10%), and Afghanistan (4%). Rail transport accounts for the largest share (76%) of Uzbekistan's international cargo transportation (export, import, and transit). The export of transport services includes the transit of goods through the territory of Uzbekistan with a total share in the export of railway services of up to 45%.
The unrealized transit crossroads of Eurasia
One of the main global logistics trends is trade between China and the EU. According to the ERAI review, in 2023, the trade turnover between them amounted to 738 million euros, and according to EUROSTAT exceeded 104 million tons. In the current realities, rail transportation between Europe and China is carried out along the Eurasian route through the territories of Kazakhstan, Russia, Belarus; Mongolia and Russia (Naushki border crossing), as well as along the Trans-Caspian International Transport Route – TITR (Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, the Black Sea).
Part of the cargo flows that previously passed through the northern corridor has been redirected to TITR. However, the Eurasian route continues to occupy a leading position. In 2023, a total of 674 thousand TEU passed along this route, which is 1.1% less than in 2022 (681 thousand TEU), but at the same time, in the first half of 2024, the volume of container traffic by China-Europe trains along TITR increased by 12.8% with a volume of 196.6 thousand TEU.
As can be seen, Uzbekistan does not fit into the list of major transit countries between China and the EU in the "Eurasian" and "Trans-Caspian" directions and claims only a part of the target markets mainly in direction along the Southern Corridor through Turkmenistan, Iran, and Turkey.
So, a limited number of international transport corridors pass through the territory of Uzbekistan. The main countries forming the transit of Uzbekistan are neighboring Afghanistan, Kazakhstan, Tajikistan, and Kyrgyzstan, as well as Russia, which is considered an important trading partner for the Central Asian countries. The transport isolation of the region, undiversified transport routes, and limited export deliveries mainly in the northern direction lead to a loss of profit due to the sale of domestic goods mainly to neighboring countries at a fairly low cost.
Transit Priorities
To sell domestic products at competitive world prices, Uzbekistan needs to develop additional export trade routes to other countries, such as China, the Asia-Pacific region, the Middle East, India, Pakistan, and others. This requires competitive and efficient transport and transit corridors that allow for increasing the volume of transit cargo through the Republic of Uzbekistan.
Therefore, the priority directions identified by 2030 for the development of international transport corridors and bringing the volume of transit traffic through the territory of the republic to 16 million tons include the task of increasing revenues from the export of transport services. The key task in this case is to increase the volume of multimodal cargo transportation in the directions of China – Kyrgyzstan – Uzbekistan (Kashgar–Irkeshtam–Osh–Andijan–Tashkent) and Uzbekistan – Afghanistan – Pakistan (Termez – Hairatan – Logar – Karachi).
China - Kyrgyzstan - Uzbekistan. The volume of cargo transportation of the PRC with such countries as Turkey, Iran, Turkmenistan, Afghanistan, and Pakistan in 2023 amounted to almost 50 million tons, with the main volume of cargo transportation carried out by sea transport. Studies have shown that it is possible to attract part of the cargo to the "China–Kyrgyzstan–Uzbekistan" route, in the amount of about 10 million tons, and with the stable organization of cargo transportation along the route, the volume of cargo transportation by 2040 may increase by 4 times.
Uzbekistan – Afghanistan – Pakistan. The geographical proximity to Afghanistan, and further south to Pakistan and India, gives Uzbekistan the opportunity to unlock its existing potential and provide cargo transportation services in export, import, and transit traffic in the direction of South Asian countries (Afghanistan, Pakistan, and India), without competing for existing transport and trade corridors. Therefore, Uzbekistan is extremely interested in trade and transport cooperation with Afghanistan and in the implementation of the Trans-Afghan Railway project "Uzbekistan–Afghanistan–Pakistan." This road will allow establishing a direct rail link between Uzbekistan and Pakistan through the territory of Afghanistan with further access to the ports of the Indian Ocean.
The importance and effectiveness of the "Uzbekistan–Afghanistan–Pakistan" (UAP) project can be significantly increased if it is implemented in parallel with the project of building the "Uzbekistan – Kyrgyzstan – China" (CKU) railway line, which is the shortest way to connect China with Pakistan and India and will allow a multiple increase in the volume of traffic from/to China to the countries of Central and South Asia.
In this regard, within the framework of two strategic projects UAP and CKU, the ongoing activities on formation of new uninterrupted perspective multimodal transport corridors in the region are relevant. In November 2023 in Tashkent within the framework of the ECO Ministerial Meeting the Protocol of the multilateral meeting on establishment of the international multimodal route between Asia-Europe through “Uzbekistan-Turkmenistan-Iran-Türkiye”, was signed.
In November 2023, a Memorandum on mutual Understanding on the creation and development of international transport corridor “Belarus-Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan” with access to the ports of the Indian Ocean was signed in Tashkent. In April of this year, Termez hosted meetings of transportation agencies and railway administrations of the countries-participants of this corridor, which resulted in the adoption of the Road Map, including the main activities for further development of the corridor.
It should be noted that the abovementioned documents are open for other interested countries to join the transport corridors.
Multifaceted Transport Policy
It should be noted that the policy of forming international transport corridors in Uzbekistan is somewhat different from the policies of several other countries and is aimed at attracting as many countries as possible to the active development of a branched network of transport corridors that ensure efficient foreign trade cargo transportation. As emphasized by the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, at the SCO Summit in Astana on July 4 of this year, "the multivariance of transport corridors is the most important condition for the sustainable development of our entire region."
However, the effective functioning of various corridor options is hindered by the lack of unified Cargo Transportation Rules, a unified Transport Document Standard that would be used on all types of transport, as well as the absence of digital platforms for providing customers with freight transportation services remotely from anywhere in the world. All this slows down the transport integration of Asian countries in the context of developing routes between Central and South Asia, and China, on the one hand, and the integration of Asian countries with European communications on the other.
To solve the problems of different legal and technical standards in freight transportation between European and Asian countries, which hinder the full-fledged transportation of goods without delays, it makes sense to develop new services for logistics and cargo transportation market participants, while applying modern technologies.
These include the production of universal wagons with variable gauge axle systems at the country's industrial facilities, with their further use both in Uzbekistan and southern countries, China and others, as well as the development of a digital platform for online registration of cargo transportation and transportation documents, which will lead to additional revenues from the export of transport services.
In this regard, the initiative of the President of Uzbekistan Shavkat Mirziyoyev, announced in June at the OTS Summit on the formation of a Council of Railway Administrations within the framework of the organization and the placement of its directorate in Tashkent, is relevant. The Council could act as a regulator for the integration of the railways of China, the Asia-Pacific region, South and Southeast Asia with the countries of Central Asia, the Caucasus, and the EU.
To assess the prospects for the coordinated development of transport corridors, a forecast of foreign trade volume was made based on an analysis of panel data using a combined model of two directions of international cargo transportation: China-EU and China-CA. The results of this forecast showed that by 2050, the volume of trade between China and the EU will increase by 4.5 times compared to 2023, and between China and CA - by 5 times. At the same time, the total volume of trade between South Asian countries (India and Pakistan) with trading partners (EU, Russia, China, Belarus, Kazakhstan, Uzbekistan, and Turkmenistan) will increase by 3.8 times compared to 2023.
In the near future, a clearly defined strategy for integrating Central Asian countries into the international transport network can help solve the region's problems and lead to an increase in the export of transport and logistics services and attract cargo flow, and later passenger flow, to the territory of the Asia-Pacific region, South and Central Asia. As the President of Uzbekistan Shavkat Mirziyoyev said: "We are open to cooperation and ready to become a reliable partner in creating new transport corridors and integration projects."
Dildora Ibragimova,
Center for the Study of Transport and Logistics Development Problems under the Ministry of Transport of the Republic of Uzbekistan
Issues of practical implementation of agreements at the highest level and promotion of investment projects were at the center of attention during the telephone conversation held on December 17 between the President of the Republic of Uzbekistan Shavkat Mirziyoyev and Amir of the State of Qatar Sheikh Tamim bin Hamad Al-Thani.
The Head of our state warmly congratulated the Amir of Qatar on the national holiday - Foundation Day, wishing him health, well-being and success, as well as peace and prosperity to the friendly Qatari people.
Current matters of further expansion of multifaceted cooperation and strengthening of strategic partnership between our countries were discussed.
The results of active contacts and exchanges were positively assessed. In November this year, the first meeting of the Intergovernmental Commission and business forum were successfully held in Doha. In October, the Qatar Culture Week events were successfully organized in Tashkent.
With the participation of leading Qatari companies, investment projects are being implemented in the field of energy, development of transport and tourism infrastructure, agriculture, healthcare and other priority areas.
There is a regular direct flight service between the capitals, which facilitates the growth of mutual tourist flow.
During the conversation, the heads of state paid particular attention to the schedule of upcoming events in 2025, including the second dialogue summit “Central Asia - Cooperation Council for the Arab States of the Gulf”.
Exchange of views on topical issues on the international agenda also took place.
During one of his visits to the Kashkadarya province, President of Uzbekistan, Shavkat Mirziyoyev, emphasized the profound wisdom and exemplary value embedded in the literary works dedicated to our historical figures. In particular, he highlighted the significance of texts related to Amir Temur, most notably the Temur tuzuklari (Institutes of Temour), which he identified as a critical source for understanding our national heritage. The President stressed again the necessity of comprehensive scholarly engagement with this text, recognizing it as a testament to the intellectual and statecraft traditions of the Uzbek people.
The Temur tuzuklari commissioned by Amir Temur, occupies a prominent place in the historiography of world civilization. Its significance is multifaceted. First, the authorship is attributed to a statesman of exceptional strategic and intellectual capacity, and the text has remained a subject of sustained scholarly interest. Second, the clarity of the work’s prose enhances both its accessibility and its continued relevance. Third, the work was produced in a period marked by geopolitical realignments and intellectual developments that would later contribute to the European Renaissance. Finally, Amir Temur’s enduring stature within a multipolar global order, all of these factors emphasize the broader historical value of the text, which continues to engage both academic and general audiences.
Temur tuzuklari is a very simple yet deeply meaningful and richly substantive work. To write such a piece, the author must possess a broad worldview, have personally experienced the heavy footsteps of history and the hardships of building an immense state, and must have attained the status of a noble figure who could easily fathom the world, deeply understand history and geography, be well-versed in ethnonymy, toponymy, and be capable of drawing profound conclusions about life, the flow of the world, and the paths of existence, a figure at the level of a wise philosopher. In other words, the Turon saltanati (Turanian kingdom) was the creation of Amir Temur. He referred to himself as the “Sultan of Turan”. In 1391, these words were inscribed in Old Uzbek on stone in Dasht-i Kipchak Steppe. That empire was built through the arduous labor of our forefather, and its institutions did not emerge spontaneously, but arose from pressing necessity (emphasis by the author). Temur tuzuklari came about as a vivid expression of all of this.
Only an individual of Amir Temur’s stature, who, as the historian Nizomiddin Shomiy described, attained perfection and high rank through his own mature effort and determined striving,” and who had acquired firsthand experience in the art of empire-building, could have created the Tuzuklar. The authorship of such a piece lies solely within the capacity of such a figure; there can be no room for doubt in this regard. In fact, a close reading of the Temur tuzuklari reveals the expansive intellectual breadth of its author.
Another important point: it would be illogical, a fundamental error, to suggest that this intellectually rich and thematically mature work, which has been the subject of scholarly inquiry for six centuries and continues to attract global interest, was authored by an anonymous writer and merely “presented” to Amir Temur, with authorship later attributed to him as a gesture of “flattery”. Such speculation lacks credibility. Moreover, Major William Davy, Persian secretary to the Commander in Chief of the Bengal Forces, was the first translator of the Tuzuklar into English, emphasizing that Amir Temur was the genuine author of the work.
The composition of the Tuzuklar appears to have been an iterative process, spanning several years and undergoing multiple revisions, abridgments and expansions.
The Arab historian Mazhar Shihab, as cited by Ubaydulla Uvatov, affirms that “Amir Temur began recording his memoirs long before he assumed power”. This observation suggests that Temur maintained a long-standing interest in documenting his thoughts and experiences and that he may have been reluctant to delegate such a task to others, either out of concern for accuracy or due to the absence of individuals he deemed suitably qualified.
The Temur tuzuklari, enriched with wisdom, also offers invaluable insight into Amir Temur’s character. The text depicts him as a champion of justice, committed to truth, loyalty, and the well-being of his people. He is portrayed as magnanimous, fearless, and principled ruler. He bravely strives to uphold the rights of the oppressed against the tyrants, for he knows that a country may endure with disbelief but cannot tolerate oppression.
Alisher Navoi, a contemporary of Amir Temur’s legacy, begins the seventh chapter (majlis) of his work “Majalis un-Nafais” (The Assemblies of the Refined) with the name of Amir Temur Kuragon. Navoi portrays the Sahibkiran as an intellectual and a man of high spirituality, awarding him the most prestigious place among the “refined souls”.
Navoiy also recounts a remarkable episode that illustrates the Sohibqiron’s powerful memory. When a long-sought criminal–Xoja Abdulkadir Marogi, famous composer, musician, the Qur’an reciter–was finally brought before Amir Temur, the man began reciting the Qur’an in a melodious voice. Moved by the recitation, Temur’s wrath softened and he forgave the offender. Deeply affected, the Sohibqiron then recited a line of poetry in response.
Navoiy was astonished by this poetic line. The Sohibqiron had recited the fourth line of a rubai (quatrain) composed by the renowned Sufi poet and sheikh Abusaid Abulxayr, who had lived about four centuries earlier. Amir Temur had become enamored with this verse and had committed it to memory. This incident reveals not only his deep appreciation for poetry but also his exceptional memory and reverence for spiritual literature. These are precisely such moments that justify the inclusion of Temur’s name in “Majalis un-Nafais”.
Amir Temur was deeply invested in ensuring the accuracy and truthfulness of the work being produced. In this context, the guidance, instructions, demands, advice, and reflections he directed toward the authors, reflecting his intellectual acuity and refined cultural sensibilities, are particularly compelling and merit close scholarly attention.
One thing appears particularly striking: for nearly two centuries after Amir Temur’s death, no information can be found regarding Tuzuklar or its fate. The work seemed to have been engulfed in a darkness of neglect and oblivion.
“The 'Tuzuk-i-Timuri” (Temur Tuzuklari) was a high document of the empire and a state secret; such a document exists in only one, at most two copies, kept in strict confidentiality and secrecy.
Major Davy once wrote the following about Boburnoma: “The book of Baburnama, too, remained in the shadows of neglect and forgetfulness until nearly the middle of the reign of Bobur’s grandson, Emperor Akbar (1566–1605), when it was finally translated from Chagatai Turkic into Persian. Until that time, no one in either Asia or Europe had questioned the authenticity of Babur’s memoirs. Nevertheless, this work, like Tuzuklar, eventually faced a similar degree of scholarly neglect.
An essential scholarly and cultural imperative now rests with leading institutions, including the International Amir Temur Public Foundation, the State Museum of the History of the Temurids, the Al-Beruniy Institute of Oriental Studies of the Academy of Sciences of Uzbekistan, Institute of History of the Academy of Sciences and the Center for Islamic Civilization in Uzbekistan, as well as with the broader intellectual community: namely, to locate the original manuscript of the “The 'Tuzuk-i-Timuri” - Temur tuzuklari, subject it to rigorous academic scrutiny, and reintegrate this foundational text into the corpus of the nation’s cultural and historical legacy.
The recovery of the authentic manuscript, an unparalleled artifact that reflects the political thought and historical consciousness of a pivotal epoch, would constitute a landmark achievement in the advancement of Uzbek historiography and civilizational self-understanding.
Muhammad ALI
Chairman, International Amir Temur Public Foundation
Distinguished Writer of Uzbekistan, Professor
April 9 - the 690th anniversary of the birth of Amir Temur
Center of Islamic Civilization in Uzbekistan
Human history shows that great civilizations are built upon a combination of intellectual achievements, spiritual values, and cultural heritage. Central Asia has long been a center of science, art, and philosophy, forming civilizational foundations that have influenced the entire world.
Today, this potential is embodied in a large-scale project — the Center of Islamic Civilization in Uzbekistan, which not only preserves historical artifacts but also serves as a living platform for science, education, and spiritual development.
Created based on the authorial idea of the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, the Center of Islamic Civilization clearly demonstrates that spiritual and educational values can serve as a foundation for national revival and international cooperation, attracting researchers, tourists, and the wider public from all over the world.
Amir Temur occupies a special place in world history as an outstanding statesman, military leader, and founder of one of the largest empires of his time. The late 14th and early 15th centuries were a period of profound political transformations, and in this context Amir Temur succeeded in uniting vast territories from India to the Middle East, creating a powerful state with a stable system of governance.
A special role in his policy was played by diplomacy. Amir Temur established contacts with European countries, including France, England, and Castile. The Spanish envoy Ruy González de Clavijo, who visited Samarkand in 1404, noted the high level of state organization, developed infrastructure, and respect shown to foreign ambassadors.
The arrival of the Castilian ambassador Ruy González de Clavijo to the court of Amir Temur in Samarkand in 1404
Amir Temur also created a unique legal foundation for his empire. According to the “Code of Temur,” the state relied on four pillars: council, deliberation, a well-considered plan, and determination. Nine-tenths of affairs were resolved through consultation and wise measures, and only one-tenth by the sword. This principle reflects the priority of diplomacy and legal solutions over military force, emphasizing the balance of justice and determination in governance.
After the death of Amir Temur, his successors — the Timurids — continued the development of the state, paying particular attention to science, culture, and education. This period became known as the Second Eastern Renaissance, as it witnessed a flourishing of intellectual and artistic life that accelerated the development of the European Renaissance.
A special place among the Timurids is occupied by Mirzo Ulughbek. Mirzo Ulughbek (1394–1449) was an outstanding scholar, astronomer, mathematician, and statesman of the Timurid era, as well as the grandson of Amir Temur. He spent most of his life in Samarkand, which under his rule became a major scientific center of the East.
One of Ulughbek’s greatest achievements was the construction of the Ulughbeg Observatory in the 1420s. This observatory was considered one of the most advanced in the world at that time. Here, together with scholars, he compiled the famous astronomical catalog “Zij-i Sultani,” in which the coordinates of more than 1,000 stars were determined with remarkable accuracy.
“The Baysunghur Quran”, copied by the calligrapher Umar Aqta for Amir Temur
Today, the legacy of the Timurids can be seen at the Center of Islamic Civilization in Uzbekistan, where unique exhibits demonstrating the cultural and spiritual richness of the era are preserved. Among them is a fragment of the Quran copied by the calligrapher Umar Aqta for Amir Temur, known as the “Baysunghur Quran.” This manuscript represents a triumph of calligraphy over ornamentation: harmonious, powerful letterforms and the precise flow of ink create a grand visual effect. The Center preserves a single line of this Quran, allowing visitors to experience the greatness of Timurid art and understand how the culture of writing shaped the spiritual image of the state.
A special place is also occupied by the Baburid talismanic robe — a protective garment created in court workshops to safeguard and bless its wearer. Dense cotton fabric is entirely covered with Quranic texts, as well as the shahada and the 99 names of Allah. On the back, there is a verse from Surah Yusuf (12:64): “Indeed, Allah is the best guardian, and He is the most merciful of the merciful.”
Baburid talismanic robe
The Center of Islamic Civilization in Uzbekistan is not only a museum but also a living educational platform. The architectural concept of the complex harmoniously combines Timurid traditions with modern technologies, symbolizing the unity of past and present. Its 65-meter dome and majestic portals embody the connection of all regions of Uzbekistan, creating a sense of monumentality and historical continuity.
The Center’s exposition is built on the principle of “Civilizations — Personalities — Discoveries” and covers key historical stages: the pre-Islamic period, the First and Second Renaissances, as well as the modern stage of New Uzbekistan. Visitors can not only observe unique artifacts but also interact with them through VR and AR technologies, holograms, and artificial intelligence, making history vivid and tangible.
The Center integrates diverse educational and cultural functions: interactive laboratories, the children’s museum “1001 Inventions”, a library with a collection of more than 2,500 manuscripts and lithographs, around 40,000 printed publications, and over 350,000 digital resources, a school of calligraphy and traditional arts by the King’s Foundation, as well as representative offices of ICESCO, IRCICA, and OCIS. All of this creates a space where tradition and innovation coexist and complement each other, stimulating the development of science and culture.
Thanks to this approach, the Center becomes not just a repository of knowledge but a living bridge between historical renaissances and the Third Renaissance, ensuring continuity of traditions and inspiring new generations toward scientific, cultural, and spiritual achievements.
On April 9, at the initiative of the President of the Republic of Uzbekistan, the 690th anniversary of the birth of the great statesman, military leader, and patron of science and culture, Amir Temur, is being widely celebrated. This anniversary is regarded not only as a tribute to historical memory, but also as an important factor in strengthening national identity, advancing scientific potential, and promoting the country’s cultural diplomacy.
As part of the anniversary events, the Center of Islamic Civilization serves as a key platform for international dialogue. In this regard, on April 9–10 of this year, a large-scale international scientific conference will be held there, bringing together more than 300 leading scholars, researchers, and experts from Europe, Asia, the Middle East, and North America. The conference is aimed at a comprehensive study of the role and significance of Amir Temur and the Timurid civilization in world history and culture, as well as at establishing a sustainable platform for further international scientific and cultural cooperation.
The Center of Islamic Civilization stands today as an intellectual and cultural locomotive of the region, contributing to the unification of humanity on the path toward peace, harmony, and progress, guided by the great principle: “Read in the name of your Lord…”
Dunyo IA
The traditional annual Address of the President of Uzbekistan Shavkat Mirziyoyev delivered on the eve of the New Year, became an important programmatic statement summarizing the results of the outgoing year and outlining the country’s strategic development priorities for the period ahead.
As the Head of State emphasized, the past year marked a period of steady progress in reforms and the strengthening of Uzbekistan’s socio-economic position, despite ongoing instability in the global economy and a complex international environment. In this context, the announcement of the coming year as the “Year of Mahalla Development and Society as a Whole” gained particular significance, signaling a transition toward a deeper focus of state policy on people’s quality of life and the development of civil society.
In his Address, the President noted that the national economy continued to demonstrate confident growth. The year 2025 concluded with landmark achievements: for the first time, the country’s GDP exceeded 145 billion US dollars, exports increased by 23 percent to 33.4 billion dollars, and foreign exchange and gold reserves surpassed 60 billion dollars. Investment inflows totaling 43.1 billion dollars enabled the implementation of dozens of major projects in industry, energy, and infrastructure. International rating agencies upgraded Uzbekistan’s sovereign credit rating from BB- to BB, opening more favorable conditions for external financing.
It was particularly emphasized that these macroeconomic results were accompanied by positive changes in the social sphere. Owing to active employment policies, the unemployment rate declined from 5.5 percent to 4.9 percent, and around five million people gained sustainable sources of income. Significant attention was devoted to supporting low-income families, developing targeted social assistance mechanisms, and improving access to basic services. The poverty rate decreased from 8.9 percent to 5.8 percent within a year, lifting approximately 1.5 million citizens out of poverty.
These outcomes were the result of consistent reforms aimed at enhancing economic resilience and creating a solid foundation for social development. Economic achievements expanded the state’s capacity to address social challenges and implement long-term support programs for the population. The President noted that social policy has become more responsive to the concrete needs of citizens, which represents a fundamental achievement of the current reform agenda.
Special attention in the Address was devoted to Uzbekistan’s foreign policy course, which was characterized as pragmatic, open, and oriented toward long-term national interests. The President emphasized that an active and balanced foreign policy remains a key factor in ensuring sustainable development, expanding economic opportunities, and strengthening Uzbekistan’s international standing. It was noted that in recent years the country has significantly expanded the geographical scope of its foreign economic relations, reinforced partnerships both with neighboring states and leading global centers, and consistently continued to promote regional cooperation initiatives. This course reflects Uzbekistan’s aspiration to assume a more visible and responsible role in international affairs, guided by the principles of mutual benefit and respect.
The Address also addressed the reform of the public procurement system as one of the key elements in enhancing transparency and efficiency in public administration. The President stressed that improving public procurement mechanisms is aimed at creating equal conditions for businesses, fostering competition, and ensuring the efficient use of budgetary resources. These measures are viewed as an important part of Uzbekistan’s preparation for accession to the World Trade Organization. In this context, reforms in the field of public procurement acquire not only domestic but also external economic significance, as they contribute to aligning national procedures with international standards and rules. Thus, the outlined steps reflect a systemic approach to Uzbekistan’s integration into the global trade and economic system.
A separate section of the Address focused on anti-corruption efforts, which were identified as one of the key priorities for further development. The President underscored that the fight against corruption is regarded not as a one-time campaign, but as a long-term state policy aimed at establishing an honest, transparent, and accountable system of governance.
“Allowing corruption is a betrayal of our reforms. We declare 2026 a year of ‘extraordinary measures’ to combat this scourge,” the President stated.
It was noted that the measures already being implemented—such as the digitalization of public services, increased transparency in decision-making, and strengthened public oversight—are producing tangible results, though they require further deepening. The emphasis on the anti-corruption agenda demonstrates a commitment to strengthening trust among citizens and international partners in state institutions.
Considerable attention in the Address was also given to environmental issues and sustainable development. The President noted that the environmental agenda is becoming an integral part of state policy and is directly linked to the quality of life of the population and the country’s long-term security. The importance of rational use of natural resources, the expansion of green technologies, and the implementation of programs to improve environmental conditions—especially in the most vulnerable regions—was underscored. Plans were announced to hold the next Assembly of the Global Environment Facility and the Central Asian International Environmental Exhibition in Samarkand in 2026. These events will create valuable opportunities to identify partners for industries, regions, and businesses, and to jointly launch new environmental projects. It was emphasized that environmental initiatives are viewed not only as a social necessity, but also as a key element of economic modernization and enhanced resilience.
Taken together, these priorities demonstrate the comprehensive nature of the ongoing reforms. They indicate that the course toward socially oriented development is inseparably linked with institutional transformation and international integration. This approach reflects Uzbekistan’s determination to build a balanced development model in which economic growth, social sustainability, and responsible governance mutually reinforce one another.
Summarizing the results of the concluding year, the Head of State stressed that all these achievements became possible due to a well-structured reform system and the active participation of society. At the same time, he underlined that further development requires not only economic resources but also a stronger social environment, trust, and solidarity. It was within this logic that the proposal was made to declare the coming year the Year of Support for the Mahalla, as the institution closest to people and their everyday concerns.
In the Address, the mahalla was characterized as a unique form of social organization that has absorbed centuries-old traditions of mutual assistance, responsibility, and respect. The President emphasized that the stability of the state begins with the stability of the mahalla, with an atmosphere of harmony and engagement at the local level. “If there is order and trust in the mahalla, there will be stability in society as a whole,” this idea became one of the key messages of the Address, logically linking past achievements with future objectives.
Support for the mahalla in the coming year is viewed as a systemic measure aimed at further strengthening social policy. The President pointed out that it is precisely at the mahalla level where family issues, employment challenges, education, social protection, and the prevention of social vulnerability can be identified most effectively. In this sense, the development of mahalla structures becomes a tool for increasing the targeting of state assistance and enhancing social justice. The economic achievements discussed earlier thus find their continuation in the social domain.
A significant part of the Address was devoted to citizen participation and the development of civil society. The President stressed that a modern state is impossible without active and responsible citizens involved in decision-making and oversight of implementation. In this context, the mahalla is seen as a space for fostering civic initiative and dialogue between authorities and the population.
“We must create conditions under which every person feels involved in the destiny of the country,” the Head of State noted, outlining a strategic commitment to expanding public participation.
Special emphasis was placed on the role of the mahalla in youth education and the strengthening of social values. The President noted that alongside economic indicators, the formation of a moral, educated, and socially responsible individual remains no less important. Support for projects in education, culture, and sports implemented at the mahalla level is regarded as an investment in the country’s future. “The future of Uzbekistan depends on the environment we create for our children today,” this quotation from the Address clearly reflects the long-term orientation of state policy.
Thus, the declaration of 2026 as the “Year of Mahalla Development and Society as a Whole” demonstrates the state’s intention to move from macro-level achievements toward deeper engagement with quality of life, human capital, and social institutions. It signifies a concentration of efforts on strengthening local communities, developing social infrastructure, and fostering an active and cohesive society.
The President’s Address sets a clear development vector for the year ahead: reliance on achieved economic successes, reinforcement of social policy, and the advancement of civil society through support for the mahalla. This approach reflects a strategic understanding that the sustainability of reforms and the country’s long-term prosperity are impossible without strong communities, trust, and citizen participation. In this context, support for the mahalla emerges not only as a social priority, but also as a foundation for Uzbekistan’s long-term development.
"Dunyo" IA
On the Inaugural Meeting of the Peace Council in Washington
At the invitation of the President of the United States Donald Trump, President of the Republic of Uzbekistan Shavkat Mirziyoyev paid a working visit to Washington on February 17–19 to participate in the inaugural meeting of the Peace Council. The visit combined a substantive political agenda with an extensive economic program and resulted in a number of agreements aimed at further strengthening Uzbek-American strategic partnership and expanding bilateral cooperation across key sectors.
Expanding Participation in Addressing Global Challenges
The Peace Council is an intergovernmental initiative put forward by President Trump within the framework of the Gaza peace plan endorsed by the UN Security Council in November 2025. The establishment of this platform is intended not only to coordinate humanitarian assistance but also to create institutional mechanisms for long-term stabilization, reconstruction, and socio-economic recovery of the Gaza Strip, while reducing the risks of renewed escalation in the Middle East.
The Charter of the Peace Council was signed on January 22, 2026, on the sidelines of the World Economic Forum in Davos. Signatories included leaders and representatives of Azerbaijan, Argentina, Armenia, Bahrain, Bulgaria, Hungary, Indonesia, Jordan, Kazakhstan, Qatar, Morocco, Mongolia, the United Arab Emirates, Pakistan, Paraguay, Saudi Arabia, Türkiye, Uzbekistan, and Kosovo. Subsequently, Belarus, Albania, Cambodia, Egypt, El Salvador, Jordan, and Kuwait officially joined the group of founding states, expanding the Council’s geographic and political representation.
By joining the founding members at the invitation of the U.S. President, Uzbekistan reaffirmed its commitment to peaceful diplomacy, respect for international law, and shared responsibility for maintaining global stability. Uzbekistan recognized Palestine in 1994 and consistently supports the right of the Palestinian people to establish an independent state in accordance with international legal norms and UN resolutions.
Uzbekistan’s policy toward Gaza combines principled political positioning with practical humanitarian engagement. In 2023, Uzbekistan allocated $1.5 mln through UNRWA. In December 2023, 100 wounded Palestinian women and children were evacuated and provided with medical treatment and rehabilitation services. In 2025, Uzbekistan developed a comprehensive state support mechanism for Palestinian citizens received in the country, including asylum procedures, access to healthcare, education for children, and employment assistance. A dedicated fund under the National Agency for Social Protection was established to finance these measures through budgetary and charitable resources.
The inaugural meeting of the Peace Council held on February 19 in Washington brought together leaders and representatives of more than 40 countries. Discussions focused on humanitarian relief, infrastructure restoration, and ensuring the sustainability of the post-conflict recovery process. At the opening of the session, President Trump announced that nine countries – Kazakhstan, Azerbaijan, the UAE, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait – had jointly pledged $7 bn in assistance to Gaza, while the United States committed an additional $10 bn to support the Council’s activities.
In his address, President Mirziyoyev expressed full support for the peace initiative and confirmed Uzbekistan’s readiness to participate practically in its implementation. Particular emphasis was placed on the principle that any external governance framework for Gaza must rely on internal public support in order to ensure legitimacy, stability, and long-term effectiveness.
Highlighting the importance of coordinated international efforts, the President noted that joint actions would help secure the sustainability of the post-conflict process and accelerate socio-economic recovery. Uzbekistan also declared its readiness to contribute to the construction of residential housing, schools, kindergartens, and healthcare facilities in Gaza, thereby supporting both humanitarian and development objectives.
The Palestinian and Gaza issue has remained on the international agenda for decades without a comprehensive solution. In this context, the creation of the Peace Council represents one of the most structured multilateral attempts in recent years to address the crisis, while Uzbekistan’s participation among the founding states reflects the growing recognition of its constructive diplomatic role.
Expanding Trade and Economic Cooperation
Alongside political dialogue, the economic dimension of the visit formed a central pillar of bilateral engagement. In recent years, Uzbekistan and the United States have steadily restored institutional mechanisms of strategic partnership and expanded practical cooperation.
Cooperation with the U.S. Export-Import Bank resumed in 2017 after a 13-year hiatus. Agreements were concluded between Amazon and Uztrade, while science, technology, and economic modernization were identified among priority cooperation areas. In 2018, a $100 mln memorandum on trade financing was signed between Eximbank and Uzbekistan’s National Bank for Foreign Economic Activity. Cooperation with Openbucks supported the development of e-commerce and digital payment infrastructure.
A major milestone was reached in September 2025 during the 80th UN General Assembly in New York, where negotiations between the two presidents resulted in the formation of a portfolio of contracts and prospective projects exceeding $100 bn. The agreements covered aviation, mining and chemicals, energy, finance, and innovation. Specific arrangements included cooperation with Denali Exploration Group on rare earth elements, Re Element Technologies in rare earth metals, Flowserve on modernization of pumping stations, Valmont Industries on water-saving technologies, and Palo Alto Networks in artificial intelligence.
During the Washington visit, President Mirziyoyev held meetings with U.S. Secretary of Commerce Howard Lutnick, Eximbank President John Jovanovic, DFC CEO Ben Black, and U.S. Trade Representative Jamieson Greer. Discussions focused on expanding financing for major industrial and infrastructure projects, supporting high-tech equipment exports, launching a bilateral Investment Platform, advancing Uzbekistan’s WTO accession, and strengthening regional trade cooperation under TIFA. The agreement establishing the Investment Platform was formally signed during the visit.
Additional bilateral documents were concluded covering construction of fuel station networks, sprinkler irrigation technologies, extraction and supply of critical minerals, development of poultry clusters, agro-industrial cooperation, financial market development, and investment climate reforms. The economic agenda was identified as one of the key pillars of Uzbek-American strategic partnership, with priority cooperation areas including critical raw materials, petrochemicals, energy, agriculture, and industrial modernization.
Trade and Investment Dynamics
The intensification of bilateral cooperation has already produced tangible economic results. Between 2017 and 2025, trade turnover increased 4.7-fold from $215 mln to $1 bn. Exports grew 9.1-fold to $291.7 mln, while imports rose 3.9-fold to $712.3 mln.
Exports to the United States are dominated by services (81%), including programming, financial, information, and transport services. Petroleum products account for 8.6%, machinery and equipment 3.7%, food products 3.5%, and industrial goods 3.3%.
Imports from the United States are led by machinery and equipment (59%), including aircraft, vehicles, computing equipment, engines, pumps, and industrial installations. Services account for 20.5%, chemicals 9.7%, industrial goods 3.8%, food products 3.2%, and manufactured goods 2.2%.
Investment cooperation has expanded dynamically. U.S. FDI and loans increased nearly 64-fold from $8.6 mln in 2017 to $383.2 mln in 2025, with cumulative inflows exceeding $2.9 bn. As of February 2026, 346 enterprises with U.S. capital operate in Uzbekistan, including 146 joint ventures and 200 wholly foreign-owned firms. Investments are concentrated in manufacturing, mining, construction, services, and agriculture.
Prospects for Deeper Economic Partnership
Recent dynamics indicate a transition from trade expansion toward long-term technological and industrial partnership. While services dominate exports, significant untapped potential remains in agro-processing, textiles, non-ferrous metallurgy, and higher value-added manufacturing.
Given annual U.S. imports of $118 bn in textiles and apparel, $539 bn in food products, and $213 bn in pharmaceuticals, even limited market penetration could significantly expand Uzbek exports and rebalance their structure.
Technology cooperation represents a separate strategic track. The United States accounts for 45% of Uzbekistan’s IT exports, with 448 of 800 exporters supplying digital services to the U.S. market. The next phase may involve joint industrial production in electronics and microelectronics with companies such as NVIDIA, Intel, and Qualcomm, enabling integration into global value chains.
Energy cooperation could support infrastructure modernization and renewable energy deployment, while pharmaceutical localization and joint R&D with companies such as Pfizer, Johnson & Johnson, and Merck offer additional avenues for technology transfer and investment.
Privatization and PPP initiatives create further opportunities. By 2030, the private sector share in Uzbekistan’s economy is projected to reach 85%, with stakes in 2,000 enterprises planned for sale and $30 bn in PPP projects to be launched. Cooperation with U.S. capital markets, including the NYSE and Nasdaq, may further support the development of Uzbekistan’s financial infrastructure.
Conclusion
President Mirziyoyev’s visit to Washington and participation in the inaugural Peace Council meeting carry both diplomatic and economic significance.
Uzbekistan’s engagement in the Council strengthens its international standing and expands its contribution to addressing global challenges. At the same time, the agreements reached and the expanding portfolio of joint projects elevate Uzbek-American relations to a new stage characterized by deeper institutional cooperation, industrial integration, and long-term strategic trust.
Viktor Abaturov,
Center for Economic Research and Reforms
The first session of the Fergana Peace Forum, titled “Fergana Valley: Uniting Efforts for Peace and Progress” is scheduled for October 15–16, 2025, in the city of Fergana.
Next week, the city of Fergana will transform into a focal point for international dialogue and cooperation, hosting key stakeholders from across the region and beyond. This gathering underscores the city’s growing importance as a center for promoting peace, mutual understanding, and collaborative development in Central Asia.
The Forum will be organized by the Institute for Strategic and Interregional Studies under the President of the Republic of Uzbekistan (ISRI), jointly with the Center for Progressive Reforms, the Organization for Security and Co-operation in Europe (OSCE), the International Water Management Institute (IWMI), and the Peacebuilding Hub — a platform that brings together reputable international organizations specializing in peacebuilding and social cohesion.
Entitled “Fergana Valley: Uniting Efforts for Peace and Progress” the Forum is organized in partnership with the National Institute for Strategic Initiatives under the President of the Kyrgyz Republic, the Center for Strategic Studies under the President of the Republic of Tajikistan, and Institute of studying of the problems of Asian and European countries of the National Academy of Sciences of Tajikistan.
The two-day forum will bring together over 300 participants from Central Asian countries, the Commonwealth of Independent States (CIS), as well as from Asia, Europe, and the Americas.
Among the high-level guests are Head of the UNRCCA Kaha Imnadze, European Union Special Representative for Central Asia Eduards Stiprais, Director of the OSCE Conflict Prevention Centre Kate Fearon, Secretary-General of CICA Kairat Sarybay and Deputy Secretary-General of the SCO Sohail Khan.
A key feature of the upcoming session will be its inclusive nature, with participation from representatives of civil society, youth organizations, women’s associations, as well as expert and academic communities.
Leading international peacebuilding institutions such as Berghof Foundation (Germany), the Martti Ahtisaari Peace Foundation (Finland), the PeaceNexus Foundation (Switzerland), and the Stockholm International Peace Research Institute (SIPRI) will also be at the Forum. Reflecting a commitment to be inclusive, the Forum will also draw participation from youth, women groups and the academia circle.
The Forum aims to create a standing platform for promoting dialogue, mutual trust, good-neighborly relations, and for developing a shared strategy for the development of the Fergana Valley.
The forum’s agenda includes discussions on ensuring stability and sustainable development in the Fergana Valley, unlocking its economic potential, strengthening cultural and humanitarian ties, and expanding the roles of the private sector, youth, and civil society.
The Forum will see the first observation of the “Yntymak Day” (“Day of Unity”) which celebrates the unity in diversity spirit of communities in Fergana Valley.
Among the anticipated outcomes of the forum is the adoption of a Communiqué calling for the establishment of a unified space of friendship, good-neighborliness, and sustainable development in the Fergana Valley.
At the 80th session of the United Nations General Assembly, the President of Uzbekistan, Shavkat Mirziyoyev, underlined that “the era of closed borders, unresolved disputes and conflicts in Central Asia has receded into the past. In recent years, the volume of mutual trade, investment and transport flows in our region has increased fivefold. Joint investment funds, cross-border trade and industrial cooperation zones are being established, while major infrastructure projects are under implementation”.
The President of Uzbekistan emphasized that “today marks the beginning of the formation of a New Central Asia. Thanks to its unity, stability, and growing regional identity, it is securing an increasingly strong position as an independent actor in the system of international relations”.
“Peace in Fergana Valley has been made possible by strong commitments in Uzbekistan, Kyrgyzstan and Tajikistan and by the diverse communities who have transformed differences into strength. The First Peace Forum on Fergana Valley will showcase how this political resolve and communities’ bond could usher peace,” said Eldor Aripov, Director of ISRS.
According to him, “The Ferghana Forum is intended to create a new image of the Ferghana Valley as a space of peace, harmony, and opportunity,” demonstrating that the political will of the countries’ leaders and the unity of their peoples can ensure stability and prosperity in the region”.
Dunyo IA
Cultural ties between Uzbekistan and Tajikistan are among the key factors bringing the two countries closer together. This cooperation continues to strengthen the historical, spiritual, and cultural affinity between the two peoples. In recent years, collaboration in the cultural sphere has entered a new phase and become more active through a growing number of festivals, concerts, film events, and theatre tours.
At the same time, the sincere and warm relationship between the leaders of the two states further reinforces this cooperation. Mutual visits by the heads of state, their joint participation in cultural events, and initiatives aimed at supporting culture and the arts deepen friendship and mutual respect between the two nations and give fresh momentum to cultural cooperation.
The legal foundation for cooperation in the cultural sector is the Agreement between the Government of the Republic of Uzbekistan and the Government of the Republic of Tajikistan on deepening cooperation in the fields of culture, science, education, tourism, and sport, signed on 16 January 1994, as well as the Cultural Cooperation Programme for 2024–2026 adopted by the two countries’ ministries of culture. These documents have created a solid legal framework for developing cultural ties and implementing joint projects.
Today, cultural cooperation between Uzbekistan and Tajikistan is expanding across multiple areas. Cultural forums, festivals, joint concert programmes, theatre tours, and film days are held on a regular basis. Over the past four years, the Minister of Culture of Uzbekistan and his deputies have visited Tajikistan 11 times, while the Minister of Culture of Tajikistan and his deputies have made 8 visits to Uzbekistan. This clearly demonstrates the steady development of cultural relations between the two states.
A number of major cultural events have also been organised within the partnership. “Days of Uzbek Culture” have been held repeatedly in Dushanbe, while “Days of Tajik Culture” have taken place in Tashkent. In addition, concert programmes titled “Friendship Evening” were staged in both countries, with the participation of the two nations’ leaders.
Representatives of Tajikistan also take an active part in international festivals held in Uzbekistan. In particular, Tajikistan’s “Lola” dance ensemble won an award at the International Dance Festival “Lazgi,” while a soloist of the Tajik National Conservatory achieved a high result at the International Maqom Art Forum. This reflects the cultural harmony between the two peoples and the tangible outcomes of cooperation.
Joint initiatives are also being implemented in the film industry. Specifically, the Cinematography Agency of the Republic of Uzbekistan and Tajikistan’s state institution “Tojikfilm” signed a memorandum to produce the feature film “Starry Sky: Jami and Navoi.” The film has been produced, and editing work is currently under way. Furthermore, in 2024 Tajikistan hosted the “Days of Uzbek Cinema,” and in 2025 Tashkent hosted the “Days of Tajik Cinema.”
One of the major cultural events of 2025 was the celebration of Navruz in the city of Khujand (Tajikistan). The leaders of Uzbekistan, Kyrgyzstan, and Tajikistan took part, and a joint concert featuring artists from all three countries was organised. In addition, Uzbek theatre companies toured in Dushanbe, while Tajik performers took part in international music festivals held in Tashkent.
The Minister of Culture of Tajikistan also participated in the first meeting of Central Asian Ministers of Culture, where issues related to further strengthening regional cultural cooperation were discussed.
Looking ahead, a number of new initiatives are planned to broaden cultural cooperation. These include holding the “Days of Tajik Culture and Cinema” in Uzbekistan, organising the “Friendship Evening” concert programme, arranging theatre tours, and hosting the three-generation gathering “Navro‘zi olam.” It is also planned to sign a new programme of cultural cooperation activities for 2026–2027.
In conclusion, cultural cooperation between Uzbekistan and Tajikistan continues to develop steadily, reinforcing friendship and mutual understanding between the two peoples.
Following the results of Q1 2026, the ranking of large banks underwent notable changes. While the leading group remained intact, positions within the segment were reshuffled. In the small-bank category, movements were also significant, pointing to continued realignment and stronger competition across the sector.
The Center for Economic Research and Reforms presented the updated Bank Ranking based on the results of the Banking Activity Index for Q1 2026.
The study covers 34 commercial banks of the republic, including 20 classified as large financial institutions by scale and branch network, while the remaining 14 were categorized as small banks.
The methodology is based on the analysis of 27 indicators benchmarked against national averages and international standards, including the requirements of the Basel Committee. The ranking serves as an important tool for enhancing transparency and strengthening confidence in the financial system. This approach is consistent with international practice and is widely used by leading financial institutions.
Financial Results for Q1 2026
During the reporting period, total assets of the banking sector amounted to 932.3 tn sums ($76.3 bn), while liabilities reached 793.9 tn sums ($64.9 bn). Lending increased by 14%, while deposits grew by 32%. The aggregate capital of the banking system was fully denominated in the national currency. Net profit reached 3.1 tn sums ($254 mn), which is 36.3% higher than a year earlier.
During the period under review, the share of non-performing loans declined to 3.3%, compared with 4.5% a year earlier, indicating improved portfolio quality. At the same time, in several banks the ratio remains above the sector average. Capital adequacy indicators exceed minimum regulatory requirements by more than 1.4 times, confirming the resilience of the banking sector.
Large Banks Activity Ranking for Q1 2026
The results of Q1 2026 show that despite the relative stability at the top of the ranking, both categories of banks recorded notable positional changes.
In the large-bank segment, performance was mixed. Out of 20 banks, 7 improved their positions, 8 declined, and 5 retained their previous places. This reflects a high level of competition and the ongoing redistribution of market positions.
The most notable progress was demonstrated by Tenge Bank, which moved up by 6 positions. Three more banks — Agrobank, Invest Finance Bank, and Xalq Bank — advanced by 2 positions each. Positive momentum was also recorded by Ipak Yuli Bank, Asia Alliance Bank, and Hamkorbank, all of which improved their standing in the overall ranking.
At the same time, several large banks recorded lower activity levels. The most significant decline was observed at Orient Finans Bank and Trast Bank, which fell by 5 and 3 positions respectively.
Changes Across Key Indicators
Financial Intermediation. The leading positions were taken by Invest Finance Bank, Anor Bank and Kapitalbank. In this ranking, Davr Bank and Hamkorbank fell by 4 positions, while Ipoteka Bank declined by 1 position.
Financial Accessibility. The leaders were Agrobank, Anor Bank and BRB. Under this indicator, declines were mainly observed among leading banks: Kapitalbank (-3 positions), Hamkorbank (-7), Asia Alliance Bank (-1), Ipak Yuli Bank (-5), and Trast Bank (-6). The strongest improvement in this ranking was recorded by Tenge Bank (+8), Xalq Bank, Davr Bank (+5), and Agrobank (+4).
Capital Adequacy. The top positions were occupied by Orient Finance Bank, Trast Bank and Halk Bank. At the same time, Agrobank dropped by 4 positions, while Aloqa Bank declined by 2 positions.
Asset Quality. The leaders were Hamkorbank, Asia Alliance Bank and Ipak Yuli Bank. Turonbank fell by 5 positions, while Asakabank, Mikrokreditbank, SQB, Trast Bank and Anor Bank each declined by 2 positions.
Management Efficiency. The highest positions were held by SQB, Orient Finance Bank and NBU. At the same time, Asaka Bank dropped by 5 positions, while BRB declined by 4 positions.
Profitability. The leaders were Hamkorbank, Trast Bank and Asia Alliance Bank. Turon Bank, after falling by 3 positions, ranked last. In this ranking, Kapitalbank, Asia Alliance Bank, Anor Bank and Davr Bank declined by 2 positions, while Ipoteka Bank and Mikrokreditbank fell by 1 position.
Liquidity. The leaders were Asia Alliance Bank, Ipak Yuli Bank and Trast Bank. At the same time, Mikrokreditbank, Ipoteka Bank, Anor Bank and SQB each declined by 1 position.
Small Banks Activity Ranking for Q1 2026
The small-bank group remained relatively stable, with leading institutions retaining their positions. The main changes in this category were concentrated in the middle segment, where several banks improved their standing due to stronger financial intermediation and higher profitability.
Within this group, 8 out of 14 financial institutions improved their rankings. The most notable gains were recorded by AVO Bank and Apex Bank, both rising by 3 positions. TBC became the leader of the ranking.
At the same time, 5 banks moved down, with the sharpest decline recorded by Octobank, which lost 6 positions. Saderat Bank, Garant Bank, and Ziraat Bank each rose by 2 positions. The ranking was rounded out by Open Bank and Uzum Bank, both up by 1 position.
Jafar Khidirov, CERR
CERR Banking and Financial Sector Research Sector
Tel: (78) 150 02 02 (441)
CERR Public Relations and Media Sector
Tel: (78) 150 02 02 (417)
Today, civil society institutions, particularly non-governmental non-profit organizations (NGOs), play an active role in Uzbekistan's development and the implementation of the “Uzbekistan – 2030” strategy. It is impossible to build a new Uzbekistan without organizing the activities of NGOs, the most important institution of civil society, according to democratic principles. On this basis, effective work is being done to support NGOs and civil society institutions, strengthen social partnerships with state bodies, implement effective public oversight, and improve the legal framework governing this area.
As a result of the measures implemented, the legal and regulatory framework has been improved to provide legal guarantees for NGOs while also meeting modern democratic requirements and international standards. The laws "On non-governmental non-profit organizations," "On guarantees for the activities of non-governmental non-profit organizations," and "On public oversight," as well as the Presidential Decree "On approval of the civil society development concept for the period 2021-2025" and a number of Governmental decrees, have all been adopted.
The civil society development concept for the period 2021-2025 aims to increase state support for civil society institutions in the form of subsidies, grants, and social orders by 1.8 times, as well as increase the volume of allocated funds to 70 billion soums by 2025.
A number of goals, objectives, and indicators related to the further development of civil society are set out in conceptually significant documents such as the Strategy for Action, the Development Strategy of New Uzbekistan for 2022-2026, and the "Uzbekistan - 2030" Strategy. Upon that basis, it is worth noting that the State programmes adopted annually include provisions for further strengthening the activities of civil society institutions and NGOs.
The chapter titled "Civil society institutions" and the term itself were included for the first time in the new version of the Constitution adopted through a referendum in 2023.
It should be mentioned that the President of Uzbekistan prioritizes civil society institutions and NGOs in his publications, speeches, and reports. Shavkat Mirziyoyev's book titled "Strategy of New Uzbekistan" includes a separate paragraph titled "Free and Open Civil Society" and it includes comments on priority areas for civil society development as well as proposals for implementing a number of tasks based on a thorough examination of relevant national legislation, law enforcement practice, and best foreign experience.
According to the figures, there were only 95 NGOs operating in the country on January 1, 1991; by January 1, 2000, there were 2,585, by January 1, 2016, there were 8,417, and by January 1, 2024, there were over 9,000. These NGOs are critical in protecting individuals' and legal entities' rights and legitimate interests, as well as democratic values and the achievement of social, cultural, and educational objectives.
It is also important to note the dynamic growth of support and financial sustainability provided by NGOs. In particular, 513.8 billion soums were allocated from the state budget to support 2,074 NGOs and other civil society institutions between 2017 and 2023. If 12.3 billion soums were allocated in 2017, the figure was 226.4 billion in 2023. It is planned to allocate 1.8 trillion soums in 2024.
Furthermore, the scope of state support for civil society institutions has been broadened, and public funds to support civil society institutions have been established through the local Councils (Kengash) of People's Deputies. The legal basis for allocating funds from the local budget to support civil society institutions in the regions has been strengthened, and social projects are funded through these channels.
It should be acknowledged that favourable conditions are one of the most important factors in the effective operation of non-governmental organizations. In 14 regions of our republic, "Houses of non-governmental non-profit organizations" have been established, housing approximately 500 NGOs and providing them with the necessary office equipment, furniture, items, equipment, and other tools. As a result, the NGOs' problems with the building were resolved, and their socially beneficial activities were resumed. In particular, newly established NGOs carrying out their activities in socially significant spheres were accommodated in these buildings under the right of free use.
To regularly improve the knowledge and skills of NGOs' managers based on the best foreign experience, the Academy of Public Administration under the President of the Republic of Uzbekistan organizes training courses on a special 72-hour training programme. To date, 367 NGO leaders and managers have attended advanced training courses. These advanced training courses are expected to train 134 NGO managers by 2024.
It should be noted that NGOs express proposals and initiatives to improve State programs and legislation in their field, as well as carry out public control measures over the implementation of Regional socioeconomic development programmes and State programmes.
As mentioned above, the 83rd goal of the “Uzbekistan – 2030” strategy prioritizes the expansion of free civil society and media activities, transforming Uzbekistan into a hub for civil society development. It specifically highlights the tasks of increasing the number of projects implemented within the framework of social partnership by at least threefold and increasing the number of NGOs participating in government programs to at least 80.
To summarize, civil society institutions and NGOs are genuine supporters of state bodies and organizations in the process of reforms, sociopolitical and socioeconomic changes, achievement of strategic goals, and serving as a social bridge between society and government.
Anvarjon Mirkomilov,
Head of Department,
Development Strategy Center
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.