If the greatest gift given to human is life, then, without a doubt, the highest goal that humanity has always strived for is peace and harmony. That is why we always wish each other peace and tranquility, health and well-being.
Uzbekistan has always been a place of tolerance, harmony and friendship. Representatives of different nationalities and peoples living on the same land, drinking water from the same river, sharing happiness and sorrow together, have coexisted side by side for centuries. No wonder that such expressions as “Tolerant Uzbekistan!” and “Generous Uzbek people” have appeared.
In a multinational and multi-confessional state, interethnic consent and interfaith harmony are important factors that create a solid foundation for stability and development, determining its prospects.
One of the main factors why our country is rapidly developing today, fruitfulness of reforms and steady growth of the people’s well-being is that representatives of more than 130 nationalities and peoples, 16 religious confessions live together in our country as a single people of Uzbekistan.
The fundamental basis of reforms in this direction is that our Constitution stipulates that the Republic of Uzbekistan ensures a respectful attitude towards languages, customs and traditions of the nationalities and peoples living on its territory, and creates conditions for their development.
Today, education in schools is conducted in 7 languages, creating conditions for pupils of different nationalities to receive education in their native language. National television and radio channels broadcast in 12 languages, and newspapers and magazines are published in 14 languages, creating equal conditions for everyone to receive information in their native language.
Representatives of different nationalities and peolpes living in our country, as the single people of Uzbekistan, contribute to the development of our country with their active and selfless work, nowadays about 5 thousand representatives of 35 nationalities work in the state civil service.
In particular, 12.7 percent of our deputies in the Legislative Chamber of the Oliy Majlis, which are considered the country’s political institutions, and 11.2 percent in local Kengashes, are representatives of different nationalities and peoples. There is no limit to such achievements, we observe that interethnic harmony and solidarity are reflected in every aspect of society.
The President of the Republic of Uzbekistan Shavkat Mirziyoyev considers the ethnic diversity that has existed on the land of our country since ancient times as a unique social phenomenon and pays special attention to the preservation and further strengthening of harmony between nationalities, peoples and confessions. As a result of the wise policy of the head of our state, based on the principles of prudence, humanism and justice, national unity is growing stronger in our country, and our precious and beloved Motherland is becoming a place of peace, friendship and mutual respect, where human dignity and happiness reign.
As the President of the Republic of Uzbekistan Shavkat Mirziyoyev emphasized in his speech at a meeting with deputies of the chambers of the Oliy Majlis, representatives of political parties and the public on May 8, 2023: “Our main wealth is our great multinational people, who consider Uzbekistan their only Motherland. The highest duty of each of us is to carefully preserve, like the apple of our eye, the priceless treasure — interethnic friendship and harmony that have taken hold in our beloved country”.
Indeed, in New Uzbekistan, interethnic and interfaith harmony, and mutual understanding based on loyalty to the spiritual heritage of ancestors, educating the younger generation in the spirit of tolerance, respect for national and universal values and patriotism, have become one of the most important priorities of state policy.
Large-scale reforms implemented in all spheres of public life at the initiative of the head of state also marked new milestones and initiatives in the field of interethnic and interfaith relations.
In this sense, the Decree of the President of the Republic of Uzbekistan “On measures to bring to a new stage the strengthening of national harmony and relations with compatriots abroad”, adopted on March, 2025, and the Resolution “On measures to effectively organize the activities of the Committee of the Republic of Uzbekistan on Interethnic Relations and Compatriots Abroad” bring work in this direction to a qualitatively new level.
In accordance with these documents, the Committee on Interethnic Relations and Compatriots Abroad of the Republic of Uzbekistan was created on the basis of the Committee on Interethnic Relations and Friendly Cooperation with Foreign Countries under the Ministry of Culture of the Republic of Uzbekistan.
The main tasks of the Committee were defined as the harmonization of interethnic relations, strengthening friendship, harmony, tolerance and unity in society, the formation of a single civil identity, strengthening the involvement of all nationalities and ethnic groups in national development, promoting the preservation of the national identity of compatriots abroad and mobilizing their social and economic potential for the development of our homeland, as well as promoting the prevention and identification of factors that negatively affect interethnic harmony.
Also, the fact that it is planned to develop draft concepts of state policy in the field of ensuring national unity and strengthening relations with compatriots abroad indicates that work in this direction will be consistently continued.
First of all, as an important element in ensuring national unity, special attention is paid to preservation of culture, language, customs, values and traditions of all nationalities and peoples living in Uzbekistan, and transmission to the younger generation
As is known, the role of national cultural centers is very important in the systematic implementation of work in this direction. Today, there are 157 national cultural centers in our country. Their activities are constantly supported by the state. Based on the President’s initiatives, starting in 2021, state subsidies will be allocated for the operation of these centers and their implementation of activities aimed at popularizing culture, language, customs, values and traditions.
For national cultural centers operating in the regions, premises have been allocated in the “Houses of Friendship”, where they use these places absolutely free of charge. Also, in the building of the Committee on Interethnic Relations, located in the center of Tashkent, all conditions have been created for the work of 27 national cultural centers of the republican and city level.
In particular, the construction in July of this year next to the building of the Committee on Interethnic Relations of the Pavilion of National Cultural Centers is a unique symbol of national harmony, where national houses of 22 nationalities were built, became a great gift from the President of the Republic of Uzbekistan to national cultural centers. This pavilion can safely be called a place of national harmony.
The grand opening of the pavilion of national cultural centers took place as part of the Friendship Festival, which was held throughout our country from July 25 to 31 this year, in honor of Peoples’ Friendship Day, celebrated on July 30.
The event was attended by members of the Senate of the Oliy Majlis and deputies of the Legislative Chamber, representatives of ministries and departments, the public, and the media, guests from Kazakhstan, Kyrgyzstan and China, as well as heads and employees of diplomatic missions of 30 states and international organizations in Uzbekistan.
The participants of the event assessed the construction of this pavilion as a unique event, emphasizing that it opens up another wonderful opportunity for the nationalities and peoples living in Uzbekistan to preserve and develop their culture, customs and traditions, fully reflects the large-scale reforms carried out in our country in the sphere of interethnic harmony and national unity, and serves as a platform for mutual cultural exchange.
Akiko Fujii, UNDP Resident Representative in Uzbekistan, who took part in the event, noted that she highly appreciates the respect and attention to various nationalities and peoples in Uzbekistan, and she considers the opening of the pavilion of national cultural centers to be truly attention to the person, and a progressive idea.
Thanks to the strong political will of our President, special attention is paid to close cooperation with compatriots living abroad. One of such projects is the Uz Global Think forum. This project is being implemented in the form of an ongoing dialogue between compatriots living abroad — representatives of expert and scientific circles — with the aim of creating business platforms, exchanging opinions on issues such as the socio-economic development of society, environmental sustainability and quality education.
A platform is also being created for the exchange of opinions among compatriots abroad about individuals in academic circles, their life path, successes and recommendations that will serve the development of New Uzbekistan.
In addition, in order to further increase the contribution of compatriots abroad to the economic power of the New Uzbekistan, following the example of the UNDP program “Knowledge Transfer through Compatriots Abroad”, work is underway to transfer human capital, which will contribute to ensuring innovative socio-economic development and environmental sustainability.
The “Graduates from Uzbekistan” program is being developed, which will unite and support compatriots who graduated from foreign educational institutions, and live and work in foreign countries.
All these tasks serve the further development of Uzbekistan with the participation of compatriots abroad.
One of the most important human freedoms is undoubtedly freedom of conscience. The adoption in 2021 of a new version of the Law “On Freedom of Conscience and Religious Organizations” was another important step towards institutional strengthening of freedom of conscience in our country. This law further strengthened the principles of tolerance and created a solid legal basis for the activities of all faiths.
Today, 2,361 religious organizations belonging to 16 confessions operate freely in Uzbekistan. Of these, 2,164 are Islamic, 197 are non-Islamic: 180 Christian, 8 Jewish, 7 Baha’i, as well as a Buddhist temple, a Krishna center, and an interfaith Bible society. In 2017–2024 there were registered 108 new religious organizations. New mosques, Christian churches and temples were built, and existing ones were renovated. This is a practical confirmation of respect for all faiths.
At the same time, we have every reason to say that the adoption of the Law “On the Concept of Ensuring Freedom of Conscience of Citizens and State Policy in the Religious Sphere in the Republic of Uzbekistan” on February 25 of this year has become the most important event in the life of society.
The concept will serve the multinational and multi-confessional people of Uzbekistan to realize the interests of society as a whole, to ensure its harmonious coexistence based on equality, social justice and unity.
This year, on September 10-13 the II International Forum “Dialogue of Declarations” was held in Tashkent and Samarkand.
In May 2022 the first forum “Dialogue of Declarations” was held in Tashkent, Samarkand and Bukhara over five days. Leading scientists from a number of foreign countries, as well as representatives of local authorities and religious organizations took part in the forum. The Bukhara Declaration adopted following that conference was subsequently recognized as an official document at the 76th session of the UN General Assembly. This confirms the importance of the Uzbek model for the formation of a tolerant society consisting of people of different nationalities, religions and beliefs.
The regular holding of the forum “Dialogue of Declarations”, the participation of influential foreign and international participants in it testifies to the high recognition in the world of Uzbekistan’s policy aimed at ensuring freedom of religion and interfaith harmony. In addition, the II Forum confirms Uzbekistan’s commitment to the principle of openness, development of an atmosphere of religious magnanimity and tolerance, in order to bring interfaith dialogue to a higher level of values. We are also convinced that this conference will serve as a unique platform for the exchange of best practices in ensuring peaceful coexistence of peoples and representatives of different faiths.
I would like to conclude the article with the following words from the festive greetings of the President of the Republic of Uzbekistan Shavkat Mirziyoyev on the occasion of July 30 – Peoples’ Friendship Day:
“In the current extremely dangerous situation, when various conflicts on national and religious grounds continue in different regions of the world, we will continue to work to further strengthen our greatest wealth — peace and stability, an atmosphere of mutual respect and harmony in our country — based on the idea of a united Uzbekistan, educating young people as holders of national and universal values, knowledge, professions, deepening the principles of inclusiveness.
We are mobilizing all our forces and capabilities for the reliable protection of the rights and interests of representatives of all nationalities and faiths who are proud to be citizens of Uzbekistan, as well as our compatriots abroad, everywhere, in accordance with the requirements of our Constitution and laws”.
Kakhramon SARIEV,
Chairman of the Committee
on Interethnic Relations and Compatriots Abroad
of the Republic of Uzbekistan
On July 24th an International Scientific and Practical Conference entitled “Brother Cities: A New Model of Sustainable Development and Public Diplomacy” was held in Samarkand.
This prestigious event was organized to further develop cooperation between brother cities, strengthen public diplomacy mechanisms, and expand the international exchange of experience. The event brought together experts and specialists from approximately 20 foreign countries, representatives of city administrations, foreign embassies in Uzbekistan, and international organizations (both online and offline), as well as representatives of government and public organizations, higher education institutions, and the media.
This international scientific and practical conference is aimed at strengthening friendship, harmony, and cultural and humanitarian ties between cities through public diplomacy. The event featured discussions on implementing joint projects, exchanging experience, and developing mutually beneficial cooperation in the fields of culture, education, tourism, economy, ecology, and innovation. Furthermore, the conference contributed to strengthening mutual understanding and trust between nations, as well as advancing peace and sustainable development through respect for national values and traditions.
The conference included a plenary session and three thematic sessions.
The main goal of the scientific and practical conference, which took place during the plenary session entitled “Brother Cities: A New Model of Sustainable Development and Public Diplomacy” was to engage in a scientific and practical discussion of cooperation between brother cities as an important mechanism for public diplomacy, as well as to further strengthen mutual trust, cultural integration, and humanitarian ties between peoples through international contacts at the local level.
During the first session, entitled “Trade, Economic, and Investment Cooperation between Brother Cities and Regions”, issues related to the development of trade and economic ties, expansion of investment interaction, and the implementation of mutually beneficial projects between brother cities and regions were discussed.
During the session, participants shared views and proposals on effectively utilizing the economic potential of regions, establishing industrial cooperation, expanding export opportunities, creating favorable conditions for investment projects, and strengthening direct ties with foreign partners. Special attention was also paid to developing cooperation between small and medium-sized businesses of brother cities, supporting innovative economic initiatives, and directing interregional partnerships toward concrete, practical results. The session served as an important dialogue platform for boosting the investment attractiveness of regions and identifying new areas of cooperation.
The second session was devoted to the topic “Prospects for Cooperation between Brother Cities in Science, Education, Technology, and Innovation”. The discussion focused on areas for developing collaboration between brother cities in science, education, digital technology, and innovation. This meeting explored issues such as establishing partnerships between higher education institutions, research centers, and innovative organizations, implementing joint research projects, expanding academic exchange programs, and creating new opportunities for young scientists and researchers.
Particular attention was also paid to the international exchange of experience in implementing “smart city” technologies, modern management systems, environmental innovations, and digital solutions. The session covered topics such as pooling knowledge and expertise, supporting innovative ideas, and developing new mechanisms to foster sustainable urban development.
The third session was titled “Tourism is a Strategic Tool for the Development of the Global Network of Brother Cities”. During this meeting, the tourism sector was discussed as a key area for strengthening cooperation between brother cities, developing cultural ties between peoples, and expanding the scope of public diplomacy.
Within the framework of the session, discussions focused on popularizing Uzbekistan’s rich historical and cultural heritage, tourism potential, and modern tourism opportunities at the international level, as well as implementing joint tourism projects with foreign cities and establishing new routes. Participants shared their views on integrating tourism, culture, and economic cooperation, developing mutual tourist exchanges between cities, creating unified tourist routes, and broadly promoting national values and cultural heritage.
The international scientific and practical conference “Brother Cities: A New Model of Sustainable Development and Public Diplomacy”, held in the city of Samarkand, played a significant role in developing cooperation between cities, expanding public diplomacy opportunities, and strengthening the international exchange of experiences. Initiatives and proposals put forward during the conference will facilitate the launch of new joint projects in areas such as economics, education, innovation, tourism, and cultural and humanitarian cooperation. This conference served as an important discussion platform for strengthening the bonds of friendship and trust between brother cities, as well as creating new opportunities on the path to sustainable development.
Dunyo IA
A deeper model is beginning to take shape in Uzbek-Serbian economic relations, based on companies’ mutual access to each other’s markets. The Uzbek side is exploring participation in infrastructure projects in Serbia, while Serbian partners are considering localization, contract manufacturing, and the placement of orders in Uzbekistan. In this way, trade relations are being complemented by investment and production projects capable of giving cooperation a more sustainable character.
The economic logic behind this rapprochement is largely determined by the geographical position of the two countries. Serbia is in close proximity to the major markets of Central and Southeastern Europe and benefits from an extensive network of trade agreements. Uzbekistan is consistently expanding its industrial base and deepening localization in Central Asia. This combination creates favorable conditions for projects in which the partner’s market serves as a platform for production and investment, followed by access to neighboring markets.
Existing trade already outlines the sectoral foundation for cooperation. Uzbekistan supplies Serbia with food, textile, and chemical products, while Serbian exports include industrial equipment, machinery, metal products, and other goods for production purposes. The greatest potential lies in segments where supplies can be further developed through production specialization and joint investment.
The development of transport connectivity between Central Asia and Europe is increasing the importance of the Serbian route. Serbia is considered a potential European link of the Middle Corridor, or Trans-Caspian International Transport Route. Increasing the reliability and predictability of transportation reduces logistical constraints for businesses and improves the economics of projects targeting both Central Asian and European markets.
Against this background, cooperation in the railway sector is particularly significant. The sides are exploring a joint project for the construction of approximately 200 kilometers of railway infrastructure in Serbia. For Uzbekistan, the significance of this initiative goes far beyond a single infrastructure project. It provides an opportunity to bring to the European market the expertise accumulated in railway construction, engineering, and the implementation of major transport facilities. This expands the country’s export potential through engineering and construction services and gives national companies an opportunity to gain experience in implementing projects within the European business and regulatory environment.
In industry, the transition to more sophisticated forms of cooperation is taking place in several formats. In light industry, the placement of orders from Serbian brands at existing Uzbek production facilities is being considered. In pharmaceuticals, contract manufacturing of medicines in cooperation with Hemofarm and Galenika is being explored, along with local production in cooperation with the Torlak Institute. In mechanical engineering and electrical engineering, the focus is on the localization of metal components and the assembly of electric motors. This agenda is complemented by initiatives in the chemical industry and small and medium-sized hydropower.
These formats reflect different levels of enterprise involvement in joint value chains. The placement of orders makes it possible to utilize existing production capacities and establish links with international brands. Contract manufacturing raises requirements for technologies, standards, and quality control. Component localization brings more complex operations into the country and generates demand for local suppliers. In this way, commercial ties gradually create a foundation for sustainable production specialization. The mutually beneficial nature of cooperation is also evident in construction.
Alongside joint efforts to develop railway projects in Serbia, the involvement of Serbian contractors in major urban development projects in Uzbekistan is also being considered. Each side has the opportunity to apply its own experience in the partner’s market and expand the geographical reach of its national businesses.
At this stage, the institutional framework is of particular importance. The agreements on the mutual promotion and protection of investments and on economic cooperation that have entered into force provide a legal framework for long-term investment and systematic sectoral cooperation. Their practical value lies in supporting the initiatives already identified — from determining participants and developing financing models to their direct implementation.
The contours of the next stage are therefore already sufficiently clear: infrastructure services in the European market, the integration of Uzbek enterprises into international production chains, the development of more sophisticated technological operations within the country, and mutual participation of businesses in major projects. This is creating a deeper structure of relations in which trade is extended through investment and industrial cooperation.
The key task now is to consistently transform the established portfolio of initiatives into operational projects. Their implementation will make it possible to turn the geographical position of the two countries into a practical economic resource: for Uzbekistan, to expand the activities of national businesses in the European market; and for Serbia, to develop a long-term presence in the industrial space of Central Asia.
At the invitation of the President of the United States, Donald Trump, the President of Uzbekistan, Shavkat Mirziyoyev, will pay a working visit to Washington, D.C. on February 17–19 of this year to participate in the inaugural meeting of the Peace Council. The Center for Economic Research and Reforms (CERR) has prepared an infographic presenting key indicators of trade, economic and investment cooperation between Uzbekistan and the United States over the past 9 years.
History of visits
The President of the Republic of Uzbekistan has visited the United States several times on working visits aimed at expanding bilateral Uzbek-American cooperation, as well as participating in events organized by the United Nations. The first official visit of the Head of our State to the United States took place on May 15–17, 2018 at the invitation of the U.S. President. During the visit, negotiations were held at the White House, the U.S. Congress and the Pentagon, and agreements were signed that marked the beginning of a new stage in the development of Uzbek-American relations.
In subsequent years, dialogue between the two countries developed through bilateral meetings and regional initiatives, including the C5+1 platform.
On September 20–24, 2025, a historic visit of the President of our country to New York took place to participate in events of the юбилейной 80th session of the UN General Assembly. The central event of the visit was the meeting between the Head of our State and U.S. President Donald Trump. The leaders of the two countries agreed to further strengthen Uzbek-American strategic partnership relations and expand practical cooperation.
During his stay in the US, the President of Uzbekistan also held a roundtable with representatives of the U.S. business community, as well as negotiations with executives of a number of leading multinational companies, corporations, investment funds and financial institutions, and took part in a ceremony for the exchange of signed bilateral trade contracts and investment agreements, including in the fields of critical minerals, civil aviation, chemical industry, energy and other priority sectors.
In order to create favorable conditions for the further development of bilateral interstate relations in trade, economic and tourism spheres, by Presidential Decree dated November 3, 2025, a visa-free regime for U.S. citizens entering Uzbekistan was introduced effective January 1, 2026.
Mutual trade indicators
The two countries operate under a Most Favored Nation trade regime.
Over the period 2017–2025, trade turnover between Uzbekistan and the United States increased 4.7-fold, from $215 mln to $1 bn. Exports grew 9.1-fold, from $32.1 mln to $291.7 mln, while imports increased 3.9-fold, from $182.9 mln to $712.3 mln.
The share of the United States in Uzbekistan’s foreign trade over this period rose as follows: in total trade turnover from 0.8% to 1.2%, in exports from 0.3% to 0.9%, and in imports from 1.3% to 1.5%.
In the structure of exports to the United States, the main share is accounted for by services — 81% (programming, financial, information and transport services), as well as petroleum products — 8.6% (aviation kerosene and others). These are followed by machinery and equipment — 3.7%; food products — 3.5% (dried fruits and vegetables, spices, rice and others); industrial goods — 3.3% (aluminum bars and profiles, rhenium metal and others); miscellaneous manufactured articles — 0.9%; chemicals — 0.4%; beverages and tobacco — 0.2%; and non-food raw materials — 0.1%.
In imports from the United States, machinery and equipment dominate — 59% (aircraft, automobiles and their parts, computer units, engines, pumps, machine tools and industrial installations). A significant share is also accounted for by services — 20.5% (financial, licensing, leasing and transport services). These are followed by chemicals — 9.7% (pharmaceuticals, binding agents and cosmetic substances); industrial goods — 3.8% (plastic and ferrous metal products and others); food products — 3.2% (poultry meat and by-products); miscellaneous manufactured articles — 2.2% (devices, instruments, paper products); non-food raw materials — 1.1% (cellulose and others); as well as beverages and tobacco — 0.5%.
Investment cooperation
As of February 1, 2026, there are 346 enterprises with U.S. capital operating in Uzbekistan, which accounts for about 2% of the total number of enterprises with foreign investment. Of these, 146 are joint ventures and 200 are foreign companies with U.S. capital participation.
The volume of foreign direct investment and loans from the United States over the past nine years has increased nearly 64-fold — from $8.6 mln in 2017 to $383.2 mln in 2025.
Overall, in 2017–2025 the cumulative volume of attracted U.S. FDI and loans into Uzbekistan’s economy exceeded $2.9 bn.
Investments were directed primarily into manufacturing industries (metallurgy, production of motor vehicles, beverages and textile products), mining industry, construction, services (real estate operations, education), as well as agriculture.
CERR Public relations and media sector
The Fifth Tashkent International Investment Forum will take place on June 16–19, 2026. This year’s theme – “Investment Resilience: New Frontiers, New Partnerships” – frames the agenda around a set of pressing questions: how to protect capital amid global uncertainty, what institutional mechanisms enhance investment resilience in frontier markets, and where the new partnership routes lie.
The forum’s context is set by macroeconomic results. According to the National Statistics Committee, Uzbekistan’s GDP grew by 7.7% in 2025 and exceeded $147 billion – the fastest pace since 2021 and among the highest in the Europe and Central Asia region. Fitch Ratings and S&P Global upgraded the country’s sovereign rating from BB– to BB for the first time, while Moody’s revised its outlook to “positive.” International reserves, per the Central Bank, surpass $77 billion. Exports rose 24% to $33.8 billion. Foreign direct investment increased by 46.9%, with FDI accounting for 40.5% of total capital investment. For an economy that attracted only $4 billion in annual foreign investment in 2017, the surge to $42 billion by 2025 represents a fundamentally different scale of growth. This tenfold increase over eight years underscores a profound transformation in the nation's investment landscape.
The forum is scaling alongside the economy. Last year’s TIIF drew over 8,000 participants, including some 3,000 international delegates from 97 countries. Guests included Bulgarian President Rumen Radev, Slovak Prime Minister Robert Fico, heads of government from all Central Asian states, EBRD President Odile Renaud-Basso, and New Development Bank President Dilma Rousseff. The aggregate value of signed investment contracts and trade agreements reached $30.5 billion. Yet what best speaks to the platform’s maturity is not the number of signings but the conversion rate – the share of agreements that translate into operating assets is increasingly the metric that matters to returning investors.
The centrepiece of this year’s forum will be the Tashkent International Financial Centre (TIFC), established by presidential decree in March 2026. Behind the headline sits a specific institutional architecture: a special legal regime based on common-law principles, a dedicated financial services regulator, an arbitration centre (TIAC), and tax exemptions through 2076. TIFC is part of a global trend toward specialised financial hubs that offer international market participants a familiar legal environment and regulatory predictability. Its defining feature is integration within the country’s legal framework: the centre operates under a special legal regime rather than creating a separate jurisdiction, reducing regulatory fragmentation and simplifying engagement with the domestic economy. A panel session featuring leaders of major global financial centres and international investors operating in Uzbekistan will address the central question: what are the practical conditions under which TIFC can attract international market participants.
The TIIF 2026 programme is structured around four thematic pillars: investment resilience and capital protection mechanisms, financial infrastructure and capital market development, trade connectivity and logistics corridors, and energy transition and climate finance. Key sessions include a discussion of the regulatory framework for alternative investment funds (a legal basis for private equity and venture capital being adopted for the first time), a panel on the Middle Corridor and trans-Caspian logistics, a session on sovereign ratings across Central Asia, and a practitioner-led workshop on blended finance instruments in frontier markets. A dedicated arbitration and dispute resolution track features two panel sessions co-organised with the Tashkent International Arbitration Centre (TIAC), the British-Uzbek Legal Association (BrULA), and the British Embassy. Topics range from the institutional design of Uzbekistan’s arbitration ecosystem – including the innovative Dispute Avoidance Protocol (DAP) – to the country’s positioning within the global investment protection architecture: ISDS frameworks, bilateral investment treaty reform, and New York Convention enforcement.
The energy agenda warrants particular attention. Uzbekistan has set an ambitious target of raising the share of renewables in electricity generation to 54% by 2030. Currently, the country operates solar and wind facilities with a combined installed capacity exceeding 4 GW, with a project pipeline envisaging an additional 19 GW of green capacity. Alongside this, the public-private partnership mechanism continues to develop: as of early 2025, PPP agreements worth approximately $28 billion had been signed in the country. For investors, this represents a large, structured market with standardised PPA contracts and a clear entry mechanism – a subject that will be examined in detail during the forum’s energy panel.
TIIF 2026 retains its bilateral business forum format, reflecting the expanding geography of Uzbekistan’s economic partnerships. Confirmed platforms include business forums with the Republic of Korea, the United States, Croatia, Hungary, Turkey, and Albania, as well as a China–SCO countries investment dialogue; the lineup continues to grow as the event approaches. The plenary session featuring heads of state and government will set the tone for the business programme. Running in parallel is an exhibition of industrial and investment potential spanning approximately 6,000 sq m – in 2025, a comparable facility facilitated over 500 B2B and B2G meetings for 100 participating companies.
At the same time, the forum agenda implicitly flags unresolved challenges. The corporate governance session raises the question of transitioning from concentrated to dispersed ownership – a process without which the stock market will remain illiquid. The discussion of privatisation and state asset IPOs calls for a candid conversation about pacing and institutional quality. The responsible business conduct panel, anchored in OECD standards, recognises that tax incentives alone are insufficient for accessing institutional capital – what is needed is verifiable supply chain transparency and functioning National Contact Point mechanisms.
The business programme is complemented by networking formats: an FIC and EY business breakfast on digitalisation and AI, the annual SQB Investor Day, an ESG Award ceremony, and the European Business Evening. The informal component – an invitational tennis tournament, TIIF Open, and an evening run – is designed for delegates who prefer to build relationships beyond the conference hall. The anniversary evening concludes with a collaboration with the Stihia electronic music festival – a detail that captures the tone in which Uzbekistan presents itself to an international audience.
For Uzbekistan, TIIF has long ceased to be a showcase. It is a working instrument of investment policy, whose effectiveness is measured not by the number of signing ceremonies but by the volume of capital that actually enters the economy between forums. The fifth, anniversary edition takes place at a moment when the country is simultaneously launching an international financial centre, adopting an alternative investment funds law, and receiving a sovereign rating upgrade – a convergence that creates a window of opportunity for investors prepared to operate in frontier markets with a growing institutional base.
Uzbekistan has been undergoing a transformational journey since it changed political leadership in 2016. The nation is implementing extensive reforms aimed at spanning anti-corruption measures, business climate enhancements, judicial reforms, improving labour conditions, administrative efficiency, protection of human rights, and good governance.
Central to these reforms is a comprehensive anti-corruption agenda bolstered by strong laws and strategic plans. Reforms have targeted diverse sectors, with a focus on improving public administration, ensuring quality public services and information access, and overhauling the judiciary. Over the recent years Uzbekistan has made significant efforts to help its people feel confident that leaders in the national public and private sectors operate in a transparent and ethical way.
As we know, international standards in this area focus on the following elements, which are intended to increase effectiveness of prevention and combating corruption:
In line with the abovementioned standards, since the adoption of the law on anti-corruption in 2017, Uzbekistan has doubled its efforts to prevent corruption in the public sector and has widened international cooperation to achieve this end. Since coming to power in 2016, President Shavkat Mirziyoyev has taken steps to liberalise the Uzbek economy and denounce corruption.
President Shavkat Mirziyoyev has begun liberalising the economy, which has started to attract significant investments from China and the EU and contributed to Uzbekistan’s strong economic growth. In particular, Presidential Decree of 2017 took steps to tackle the shadow economy by permitting the free purchase and sale of currency and the use of international mechanisms to set currency conversion rates. This decree eradicated the decades old “black market” where the difference between actual and official conversion rates was around 50%.
In 2020, President Shavkat Mirziyoyev established a new Anti-Corruption Agency via President Decree No.6013 and launched a mandatory online public procurement platform. The Anti-Corruption Agency is tasked with studying researching corruption, engaging with civil society, and enhancing transparency.
The number of arrests and prosecutions of public officials for corruption has increased. According to Prosecutor General’s Office, for example in 2022, there were a total of 3,116 convictions of public officials, of which 110 officials were from the national agencies, 264 from provincial agencies and 2,742 from city and district state bodies. The majority of these cases related to embezzlement (2,103), abuse of position (265), fraud (243) and bribery (169).
The fight against corruption has become a priority area of state policy in Uzbekistan. This can be seen in the conceptual regulatory acts adopted in recent years in this area, on the example of administrative reforms aimed at preventing corruption. The country has established an effective mechanism of countering corruption, including efficient normative-legal base and institutional foundations. More than 70 regulatory acts aimed at combating corruption in all sectors of state and public construction have served as a solid basis for the implementation of these reforms.
The Law on Combating Corruption, adopted in 2017 soon after Mirziyoyev came to power, is the main legal basis for countering corruption in Uzbekistan. The law requires state employees to inform their supervisors about corruption offences they may be directly or indirectly involved in and is meant to ensure protection for whistleblowers. Further, the law grants media outlets the right to request information on corruption offences from state agencies. It also envisages the mandatory examination of regulations being drafted by ministries and other state agencies to ensure they do not create new opportunities for corruption.
Information on state procurement is posted on the website www.d.xarid.uz. The open data portal (data.gov.uz), the registered database of legal entities and commercial entities (my.gov.uz) and other platforms play an important role today in ensuring the principles of openness and transparency and public control, which are the most effective tools for combating and preventing corruption. Licensing and permitting procedures have also been radically improved to completely improve the business and investment climate, remove unnecessary bureaucratic barriers and outdated regulations.
According to the National Database of Legislation of the Republic of Uzbekistan, other important legislative acts in the area of anti-corruption include:
The Civil Service Law, which entered into force in 2022, forbids civil servants from accepting gifts, from engaging in business activities and from opening foreign bank accounts or purchasing real estate abroad. It also introduces a system of mandatory declaration of civil servants' assets and income.
Under Article 7 of the 2017 Law on Combating Corruption, state agencies responsible for implementing the law on combating corruption include the Anti-Corruption Agency (ACA) established in 2020, General Prosecutor’s Office, the State Security Service, the Ministry of Internal Affairs, the Ministry of Justice, and the Department on Fighting Economic Crime under the General Prosecutor’s Office.
There is also a National Council on Combating Corruption and its territorial bodies that aim to coordinate the efforts of all the relevant institutions and develop state anti-corruption programmes. The ACA serves as the working body of the Council, which is headed by the Chair of the Senate. The ACA has a preventive mandate authorising it to request state agencies to provide documentation on their expenditure of public funds, sales of state assets and public procurement as well as on their investment projects and implementation of state programmes. It can also consider appeals of citizens and legal entities on corruption issues and conduct administrative investigations into corruption offences, the results of which should then be shared with law enforcement bodies.
Uzbekistan is a signatory to the United Nations Convention against Corruption (UNCAC) as well as to the Istanbul Anti-Corruption Action Plan, which is the main subregional initiative in the framework of the OECD Anti-Corruption Network for Eastern Europe and Central Asia (ACN). Uzbekistan has recently become a member of the Global Operational Network of Anti-Corruption Law Enforcement Authorities.
It should be emphasised that each regulatory legal act in Uzbekistan is being developed based on the principle – “legislation free from corruption”, systemic preventive measures in the practice of combating corruption are being strengthened, and the public oversight is supported by establishing interaction mechanisms with civil society institutions.
The mentioned and other measures have contributed to improving the fight against corruption in the country. This has also been evidenced in better positions of the country in international rankings. According to international governance indices, Uzbekistan has been improving its efforts to curb corruption. In recent years the country improved its ranking Transparency International’s Corruption Perceptions Index (CPI) by 42 positions. In 2023 alone the country improved its ranking there by 5 positions.
To sum up, we can conclude that Uzbekistan’s path towards creating effective financial, legal and institutional mechanisms of countering corruption has given its results. Although, it should also me noted that fighting against corruption is not merely a task for several years. It is an ongoing process and the government of Uzbekistan remains committed to take new steps for ensuring the success of its anti-corruption reforms in line with the international standards in this field.
Nilufar Doniyorkhodjaeva
Head of Department
Development Strategy Center
Tashkent, Uzbekistan
On September 13, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with the winners and medalists of the XVII Summer Paralympic Games.
The event was attended by the leadership of the National Paralympic Committee and sports federations, coaches, parents of athletes, representatives of state and public organizations.
As you know, the competitions were held from August 28 to September 8 in the capital of France, Paris. About 4.4 thousand Paralympians from 168 countries participated in them. From Uzbekistan, 65 para-athletes competed in 9 sports.
The Paralympic Games, like the Olympics, were successful for our country. Our compatriots set many records, winning 10 gold, 9 silver, 7 bronze - a total of 26 medals. They took 13th place in the overall team standings, as well as 3rd place in Asia and 1st place among Turkic, Islamic countries and the Commonwealth of Independent States.
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
Central and South Asia are increasingly facing the same reality: climate risks are no longer a distant forecast. Droughts, water scarcity, heatwaves, land degradation, dust storms, floods, and pressure on water, food and energy security are already affecting economies, public health, infrastructure, and the resilience of entire regions.
This is why the second meeting of the Termez Dialogue on Connectivity between Central and South Asia is of particular significance. The second meeting is organized by the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan and the Ministry of Foreign Affairs of the Republic of Uzbekistan, in partnership with the Conference on Interaction and Confidence Building Measures in Asia. This format reflects Uzbekistan’s consistent foreign policy direction aimed at strengthening trust, open dialogue, and sustainable connectivity between the regions.
While the first meeting introduced the Termez Dialogue as a platform for bringing the two regions closer together, the new agenda takes the next step: moving from a discussion of connectivity to practical mechanisms for joint climate adaptation and stronger environmental resilience. Its task is to move from conceptual discussions to concrete priorities and practical mechanisms, with joint adaptation to climate change identified among the key areas of cooperation.
Climate as a New Test of Connectivity
Climate change shows how closely water, food, energy, transport, health, and ecosystems are linked. When water availability declines, the impact is not limited to agriculture. It also affects hydropower, food prices, migration, employment, soil conditions, and even regional stability. As extreme heat becomes more frequent, cities, transport systems, healthcare systems, and labour productivity all come under pressure.
The Synthesis Report of the Intergovernmental Panel on Climate Change (IPCC), prepared as part of the Sixth Assessment Cycle, emphasizes that adaptation is already taking place in all regions of the world, but the gap between what is needed and what is being done remains and will continue to grow at the current pace of action. The IPCC also underlines that the most effective responses are not isolated measures, but integrated solutions that connect water management, agriculture, infrastructure, social protection, ecosystems, and population needs.
This is particularly important for Central and South Asia. Both regions depend on mountain watersheds, irrigated agriculture, the resilience of rural areas, as well as stable and secure energy supply and the cross-border movement of goods and people. Climate adaptation, therefore, cannot remain solely a matter of national policy. It must become part of interregional cooperation.
Uzbekistan: The Data Confirm the Urgency of Action
Uzbekistan’s Fourth National Communication under the UNFCCC identifies the country as among the most vulnerable to the impacts of climate change in Central Asia and Eurasia. This vulnerability is linked to accelerated temperature rise, growing water scarcity, glacier retreat, and the increasing frequency of extreme hydrometeorological events.
Water remains an especially sensitive factor. Uzbekistan’s water resources belong to the Aral Sea basin, while the main surface runoff of the Amu Darya and Syr Darya rivers is formed outside the country. This means that Uzbekistan’s climate resilience is directly linked to the quality of regional and interregional cooperation. Water, data, forecasts, infrastructure, and trust become part of one security system.
Cities as a New Frontline of Climate Adaptation
The climate agenda is also becoming increasingly connected with the future of cities. Speaking at the Leaders’ Summit of the 13th session of the World Urban Forum in Baku, President of Uzbekistan Shavkat Mirziyoyev noted that, over the next 15 years, the country’s population is expected to grow from 38 to 50 million people, while the urbanization rate is projected to rise from 51% to 65%.
For Uzbekistan, this is not only a demographic trend but also a climate challenge. Urban growth increases pressure on water, energy, transport, housing, air quality, and green spaces. Therefore, plans for sustainable urbanization — including the development of “green”, “smart”, “safe”, and “15-minute” cities, the expansion of urban greenery, and the introduction of green city principles — are directly linked to climate adaptation.
In this context, the Termez Dialogue can become a platform for exchanging experience not only on water and agriculture, but also on climate-resilient urban development: from reducing the urban heat island effect and saving water to clean transport, digital air quality monitoring, and designing new districts with climate risks in mind.
A New Emphasis: Adaptation as a Practical Development Agenda
The Termez Dialogue can offer an important new approach: to view adaptation not as a response to crises, but as an investment in sustainable development. This changes the very language of climate policy.
Adaptation is not only about building protective infrastructure or responding to emergencies. It is about more accurate forecasting of droughts and floods and data exchange between countries. It is about water-saving agriculture, the modernization of canals, pumping stations, and urban infrastructure. It is about restoring degraded lands and ecosystems. It is about preparing farmers, engineers, hydrologists, energy specialists, and local authorities to operate under new climate conditions.
This is why the Concept of the second meeting of the Termez Dialogue emphasizes the consolidation of efforts by states and partners to develop coordinated and mutually reinforcing approaches to climate adaptation and to reducing the socio-economic consequences of climate and environmental risks.
Why Central and South Asia Must Adapt Together
Climate risks do not recognize borders. Drought in one part of the region can affect food markets in another. Glacier retreat changes river regimes far beyond mountain areas. Dust storms, heatwaves, and extreme rainfall can affect several countries at once. Joint adaptation is therefore a practical necessity.
The IPCC stresses that around 3.3 to 3.6 billion people worldwide live in conditions of high vulnerability to climate change. It also emphasizes that the vulnerability of people and ecosystems is interconnected: the degradation of ecosystems increases risks for people, while social vulnerability reduces societies’ ability to adapt.
For Central and South Asia, this means that resilience must be built across several dimensions at once: water, food, energy, environment, and society. Food and environmental security cannot be strengthened without water. Infrastructure cannot be modernized without climate forecasts. Risks cannot be reduced without trust and information exchange.
Termez as a Place for Climate Partnership
The choice of Termez has both historical and practical significance. Termez is Uzbekistan’s southern gateway and a natural bridge between Central and South Asia. In today’s conditions, this role acquires new meaning: the city is becoming a symbol not only of transport and trade connectivity, but also of climate partnership.
Afghanistan has a particularly important role. The idea of the Termez Dialogue implies the need for the gradual integration of Afghanistan into regional economic, transport, humanitarian, and climate processes with the support of the international community. In the climate agenda, this is especially meaningful: without Afghanistan’s participation, it is impossible to build genuinely sustainable connectivity between Central and South Asia.
What the Termez Dialogue Can Deliver
The Termez Dialogue can become a platform for launching several practical areas of cooperation.
First, the exchange of climate and hydrological data, including forecasts of droughts, floods, glacier changes, and dust storms.
Second, the joint promotion of early warning systems, so that countries can prepare in advance for extreme weather events.
Third, the development of climate-resilient agriculture: water-saving technologies, drought-resistant crops, digital services for farmers, and the restoration of pastures and soils.
Fourth, ecosystem-based adaptation — the restoration of forests, wetlands, mountain and desert ecosystems that themselves serve as natural protection against climate risks.
Fifth, climate-resilient infrastructure — from transport corridors and logistics centres to energy facilities and rapidly growing cities.
From a Common Challenge to Shared Resilience
The main value of the Termez Dialogue is that it allows the climate agenda to be discussed not in the language of alarm, but in the language of joint solutions. Central and South Asia can not only exchange risk assessments, but also create common adaptation mechanisms: from scientific networks and pilot projects to investment programmes and regional standards for resilient infrastructure.
The new climate agenda of the Termez Dialogue is part of the larger idea of connectivity. Genuine connectivity is not only about roads, trade, and energy corridors. It is also about the capacity of countries to jointly protect ecosystems, human health, and the future of coming generations. The Termez Dialogue can become the space where Central and South Asia move from recognizing their shared vulnerability to building shared resilience.
On 24 October 2025, Uzbekistan and the European Union signed the Enhanced Partnership and Cooperation Agreement (EPCA) — a comprehensive framework that culminates negotiations launched in February 2019 and initialled in July 2022. More than a ceremonial milestone, the EPCA codifies a strategic upgrade in our relationship with the EU. It is broad in scope — nine titles, 356 articles, and 14 annexes — and practical in ambition: to align our cooperation with the realities of a rapidly changing world economy while reinforcing the rule-of-law foundations of sustainable development at home.
The agreement’s timing is revealing. Uzbekistan’s recent balanced, multi-vector foreign policy and people-centred reforms — strengthening the rule of law, expanding public administration openness, and advancing market reforms — have laid the necessary groundwork. These steps in human rights and governance have increased international confidence, enabling a rules-based partnership with Europe. The EPCA is both a vote of confidence in Uzbekistan’s reform trajectory and a tangible roadmap to deliver measurable outcomes.
Economically, the EPCA offers a clear pathway for integration and growth. It promotes approximation to EU norms on technical regulations, product safety, and sanitary and phytosanitary measures. The agreement is designed to reduce non-tariff barriers, simplify border procedures, and make our exporters more competitive in the EU market. It encourages joint ventures and industrial clustering, extends agro-processing and manufacturing value chains, and supports energy efficiency and industrial modernisation. In short: more trade, more investment, and more quality jobs at home.
Human capital is an equally central pillar. The EPCA expands cooperation across education, science, skills development, and public health. It encourages joint university programmes, faculty and student exchanges, and research grants — mechanisms that accelerate knowledge transfer and help align our skills base with the demands of a digital and green economy. The spillovers are immediate and tangible: better public services, higher productivity, and new career pathways for our young people.
The rule-of-law dimension is another strategic gain. Deeper cooperation on judicial reform, anti-corruption, data protection, and cybersecurity increases predictability for investors and protections for citizens. The agreement’s chapter on foreign and security policy expands dialogue on conflict prevention, crisis management, non-proliferation, and export controls. This cooperation supports regional stability, which is essential for long-term growth.
Connectivity is the backbone that makes these ambitions feasible. Through synergies with the EU’s Global Gateway initiative and the Trans-Caspian Transport Corridor, the EPCA supports logistics hubs, border modernisation, and greener infrastructure. Better connectivity means lower trade costs, faster delivery times, and diversified export routes — practical levers for competitiveness. It also enables cooperation on water management, climate adaptation, and resilient energy systems — strategic priorities for a land-linked Central Asian economy.
Critically, the EPCA opens structured avenues for collaboration on critical raw materials needed for the green and digital transitions. This builds on the EU-Uzbekistan memorandum of understanding signed in 2024. It creates opportunities to upgrade domestic standards, attract responsible investment, and join higher segments of global value chains, while maintaining environmental and social safeguards.
Beyond the text, the joint statement issued at the signing underscores a shared commitment to the UN Charter and to the principles of independence, sovereignty, and territorial integrity — principles that guide our positions in international fora. It also welcomes the outcomes of the EU–Central Asia Summit, including plans for a Central Asia–EU Economic Forum and a Trans-Caspian Connectivity Investors Forum in Tashkent in 2025. In short, the EPCA is embedded in a wider, forward-looking regional agenda.
In practical terms, success requires implementation of three clear priorities: coordinated institution building, enhanced business support, and transparent, data-driven tracking. These will ensure commitments translate to outcomes.
First, institutional coordination. Translating commitments into outcomes requires a whole-of-government mechanism with clear mandates, timelines, and dashboards. A national EPCA coordination council, supported by technical working groups, should steer approximation to EU standards, monitor progress, and troubleshoot bottlenecks.
Second, business enablement. Firms need guidance to navigate new standards and opportunities. An 'EU Helpdesk' for exporters and investors would offer practical advice on certification, rules of origin, and compliance. This would turn legal text into business practice. Expanding the capacity of testing, inspection, and certification bodies will further reduce transaction costs and speed market entry.
Third, open, data-driven delivery. Customs and trade facilitation should be fully digitised through single-window systems and interoperable data exchange. Regular public reporting on milestones — such as education partnerships, financed projects, and adopted standards — will sustain credibility and invite feedback from business and civil society.
The EPCA also aligns with Uzbekistan’s WTO accession path by encouraging market-based reforms and transparent, rules-based trade. As reforms deepen, our economy will see more diversified exports, stronger investor protections, and a more competitive domestic market. These outcomes raise household incomes and expand opportunity.
This agreement is ambitious by design. Ambition alone is empty; execution alone is stagnant. The EPCA combines both — setting a high bar and supplying the means to reach it. By acting decisively, we turn this framework into a catalyst for inclusive growth, institutional maturity, and global credibility.
Ultimately, the EPCA is more than a diplomatic success; it is the engine for Uzbekistan’s reform agenda. By linking citizen welfare, business competitiveness, and international engagement, the EPCA puts us on a path to fundamental transformation. The critical task ahead is to deliver on this promise and make the Uzbekistan-EU partnership impactful and enduring.
By Eldor Tulyakov,
Executive Director, Development Strategy Centre, Uzbekistan
The 26th International Textile and Garment Industry Exhibition TextileExpo Uzbekistan 2026 will be held from May 13 to 15, 2026 at the Uzexpocentre National Exhibition Complex in Tashkent
TextileExpo Uzbekistan is the largest B2B platform for the textile and garment industry in Central Asia, bringing together manufacturers, suppliers, and professional buyers. Here, the buyers find reliable partners, current trends, and favourable terms of cooperation, while industry representatives find comprehensive solutions for production development and optimization. Visitors can compare offers, evaluate product quality, and negotiate directly with manufacturers.
Over 150 verified suppliers from 7 countries will participate, with strong representation from companies from China.
The exhibition will traditionally cover all production cycle phases from raw materials to finished products and accessories. Visitors will find yarn, fabrics, knitwear, fittings and accessories, finished garments, technical and home textiles, hosiery, as well as chemicals and dyes for the textile industry.
According to the organizers, the traditional Buyers’ Program is planned as a unique component of the TextileExpo Uzbekistan. It is a platform focused on achieving concrete business outcomes, including targeted B2B meetings, the establishment of long-term partnerships, and the conclusion of commercial contracts. For domestic companies, the program serves as an effective channel for entering international markets and scaling export deliveries. For buyers, exclusive participation conditions are provided, allowing them to make the most efficient use of their time at the exhibition and gain priority access to key suppliers.
Dunyo IA
Uzbekistan has historically been a proactive driver in strengthening ties among Turkic-speaking nations. Following a period of limited engagement, a pivotal turning point occurred in 2018 when the President of the Republic attended the 6th Summit of the Organization as a Guest of Honor. In 2019, the country ratified the Nakhchivan Agreement, officially becoming a full member of the Organization of Turkic States (OTS). Since joining, Uzbekistan has proposed 116 specific initiatives, more than half of which have already been successfully implemented. The economic impact of this strategic course is evidenced by the data: at the end of 2025, trade turnover with OTS member states increased by 9.6%, reaching $10.8 billion.
Investment cooperation also shows a steady upward trend, with 4,352 enterprises operating with capital from member states as of early 2026. The Republic of Türkiye remains a key strategic partner, with bilateral relations officially elevated to the level of a Strategic Partnership in 2017. Türkiye leads all OTS countries in the number of enterprises established in Uzbekistan, reaching 2,137 units. Investment collaboration in 2025 was characterized by the utilization of funds totaling $3.2 billion, while trade turnover during the same period amounted to $3.024 billion. Transport connectivity is exceptionally robust, with 97 scheduled weekly flights operating between the cities of both nations across eight different routes, including Istanbul and Ankara.
Kazakhstan stands as Uzbekistan's largest trading partner within the Organization, with trade turnover growing by 11.4% in 2025 to nearly $5 billion. There are 1,212 enterprises with Kazakh capital successfully operating in the republic. The transport sector demonstrates immense scale, with freight volume exceeding 22.3 million tons in 2025, the majority of which—19.6 million tons—was transported via rail networks.
The dynamics of economic relations with Kyrgyzstan are marked by the highest growth rates in trade turnover, which surged by 37.1% in 2025 to reach $1.199 billion. The parties have solidified a Comprehensive Strategic Partnership, facilitating an increase in joint ventures to 346 units. The transport sector recorded a significant rise, with total freight volume growing by 22.4% in 2025 to nearly 5.4 million tons. Export shipments across all modes of transport more than doubled, indicating deep integration of production chains.
In 2024, a fundamental Treaty on Allied Relations was signed with Azerbaijan, opening a new chapter in bilateral cooperation. Trade turnover between the countries grew by 14.6% in 2025, totaling $307.3 million. In the investment sphere, 367 enterprises with Azerbaijani capital are currently active. The logistics partnership is also strengthening, as total freight volume increased by 28.3% in 2025, supported by 14 weekly flights between the capitals.
Turkmenistan, which participates in the Organization as an observer, remains a vital partner, with trade turnover reaching $1.203 billion in 2025. The launch of the Shavat-Dashoguz joint border trade zone was a practical step toward streamlining commodity exchange. As of early 2026, 270 enterprises with Turkmen capital were functioning in Uzbekistan. In the transport sector, total cargo volume for 2025 amounted to approximately 1.785 million tons, reflecting a positive growth trend of 22.5%.
Hungary also holds observer status and is actively developing high-tech cooperation with Uzbekistan. In 2025, mutual trade grew by 41.7%, reaching $117.4 million. Although there are 20 enterprises with Hungarian capital in the republic, their projects are notable for their significant scale. These include the establishment of poultry clusters in the Syrdarya region valued at $165 million and a $59 million project for the construction of water treatment facilities in "New Tashkent."
The successful implementation of initiatives and steady growth in economic indicators confirm that Uzbekistan has found the OTS to be an effective instrument for advancing its national interests. Further deepening industrial cooperation and developing the region's transit potential create a solid foundation for transforming this space into a significant global manufacturing and trade hub. The strategic course toward closer integration with the Turkic world opens new prospects for attracting innovation and large-scale investment into key sectors of the national economy. Continuing this policy will not only strengthen the republic's international standing but also ensure long-term socio-economic prosperity for all member states of the Organization.