ART
The Tashkent International Biennale of Contemporary Art has been held every two years since 2001 with government support. It serves as an open platform for cultural exchange in the visual arts, showcasing the modern creative potential of different countries and discussing current issues in contemporary art.
The theme of the X Tashkent International Biennale of Contemporary Art in 2024 is "Art and World". Conceptually, it explores the relationship between art and modern reality through the works of artists from various countries. This theme prompts reflection on the nature of the modern world: Does it possess integrity? Today, the world is characterized by polar stances, clashes, and numerous challenges related to preservation, ecology, morality, culture, and identity, spanning personal to state levels. Its landscape is shaped by opposition influenced by globalization, geopolitics, technogenic civilization, and artificial intelligence. How does contemporary art reflect on the modern world?
Simultaneously, the X Tashkent International Biennale aims to showcase various trends and new directions in contemporary art to the general public. It seeks to enhance international cultural relations, strengthen the creative dialogue between cultures, and highlight the achievements of different countries in visual art. The Biennale focuses on liberating creative consciousness, demonstrating pluralism in creative exploration, and illustrating the specifics of the postmodern condition in different countries. It addresses the state of intertextuality in modern art and the preservation or disappearance of local traditions in the era of globalization.
The concept of the Biennale is dedicated to displaying a multicultural lifestyle through the prism of contemporary art. The works presented will reflect diverse artistic expressions that uphold humanistic values. The theme provides an opportunity to explore concepts such as ecology, culture, tolerance, modern orientalism, identity, artificial intelligence, technogenic civilization, and the inner world of individuals.
FOR MORE DETAILS: biennale.uzbekistan@gmail.com, +998-71-233-04-27
Curator of the X Tashkent International Biennale of Contemporary Art:
Sukhrob Kurbanov - Art Critic and Art Historian.
Coordinator of the event:
Asya Tuychiyeva - Head of the Department for International Relations, Academy of Arts of Uzbekistan.
Uzbekistan — is a country of irreversible, rapid reforms. One of the priorities of the development strategy of the New Uzbekistan is the policy of achieving gender equality in the country.
Under the "Uzbekistan-2030" development strategy, large-scale measures are being implemented to increase women's political, social and economic activity, protect mothers and children, promote gender equality and safeguard women's rights and interests.
Thanks to the political will of the leadership of Uzbekistan, the Gender Strategy of Uzbekistan until 2030 was developed, the laws “On guarantees of equal rights and opportunities for women and men”, “On protection from oppression and violence” were adopted, as well as legislative norms on mandatory gender expertise of all regulations and introduction of gender audit. Thus, a mechanism has been introduced to study the state of the gender approach in all government organizations and to develop measures to ensure equal rights and opportunities for women and men by the Federation of Trade Unions as public control. Liability for domestic violence has been strengthened. Over the past 5 years, more than 40 Presidential decrees and Resolutions have been adopted aimed at ensuring gender equality. Meanwhile, legislation for women is being improved and opportunities are expanding. In 2023, the Electoral Code of Uzbekistan established provisions that the number of women when nominated from political parties to representative bodies of power should be at least 40% of the total number of nominated candidates for deputies and in the proportional election system, nominate at least two women out of each five candidates for parliament. Since 2019, a Gender Commission on increasing the role of women in society, gender equality and family has been created in the Senate. The Committee for Women and Family Affairs was newly created, more than 9 thousand positions were established, up to mahallas, specifically dealing with issues of women and family throughout the country and at all levels, rehabilitation centers began to operate to provide assistance to women victims of violence.
Systemic measures taken at the initiative of the head of state, President of Uzbekistan Shavkat Mirziyoyev, in order to reduce poverty, establish “women’s notebooks”, reduce unemployment among women and support women’s entrepreneurship, preferential loans for women have yielded tangible results throughout the country. A number of restrictions on women’s occupation and choice of professions were lifted. Advisory councils on gender issues were created in all ministries and departments. As a result, the number of women in parliament reached 33%, in business their number doubled and reached 25%, in political parties 44%, in higher education 40%. In 2023 alone, more than 13,3 billion soums of loans were allocated for the implementation of over 279 thousand women’s business projects, and about 300 billion soums of subsidies were provided to almost 57 thousand women. Based on the “Women's Notebooks” system, the problems of 994 thousand women were solved, the state allocated 1 trillion 234 million soums for these purposes.
As a result of studying the situation of women in mahallas, targeted assistance was provided to more than 690 thousand families in need of social protection.
In 2024, it is planned to provide 8 thousand women and girls included in the “Youth Notebook” with subsidies to start their own business and purchase equipment, and 10 thousand with preferential loans. It is planned to launch a “Business Marathon” project for 50 thousand young women with the participation of qualified specialists to provide practical assistance in setting up a business.
In the field of education, great attention is also paid to gender equality. The country has taken a number of effective measures to protect women and girls; a gender approach is being introduced into curricula and teaching methods, as well as in STEM education, especially in rural areas. Currently, more than half of the 1 million 300 thousand students, i.e. 653 thousand, are girls. In the master's program, the share of girls is 60% of master's students. The state encourages and fully pays for the contracts of women and girls studying for a master's degree from the state budget. In 2023-24 1,914 girls from needy families were accepted to study at universities using additional government grants. 181,500 girls received preferential educational loans. At the expense of local budgets, the contract amount of more than 2 thousand students from families in need of social protection, orphans or students deprived of parental care was covered for 14 billion soums.
Improving the opportunities and conditions for the education of women and girls in the country gave impetus to an increase in interest in mastering modern knowledge and professions, for example, within the framework of the educational project “One Million Programmers”, 47% were girls. Creating favorable conditions for women in education gives real results in unlocking their potential. Over the past seven years, more than 5 thousand women have been awarded the academic titles of Doctors of Philosophy and Doctors of Science. More than 14 thousand women are conducting their research at universities in Uzbekistan.
Achieving gender equality — is a global task on the agenda of universal international organizations such as the UN and other regional structures. Uzbekistan is actively developing international cooperation in this area. As a party to the 1979 Convention on the Elimination of All Forms of Discrimination against Women and the 1995 Beijing Declaration of the Platform for Action, the country regularly submits national reports to the Committee and develops national action plans.
In recent years, great importance has been attached to cooperation in the field of gender equality with the countries of Central Asia. The Forums of Women Leaders of Central Asia and the Asian Women's Forum in 2024 were successfully held, where representatives of more than 40 countries and international organizations participated.
Lola Saidova, Doctor of Law, Professor,
Chief Researcher of the ISRS under the
President of the Republic of Uzbekistan
Issues of further development of multifaceted partnership, promotion of economic and investment cooperation projects, establishment of practical interaction in the defense sector were discussed at the meeting between President of the Republic of Uzbekistan Shavkat Mirziyoyev and a delegation from the United Arab Emirates headed by Deputy Prime Minister, Minister of Defense, Crown Prince of the Emirate of Dubai Sheikh Hamdan bin Muhammad Al Maktoum.
The Emirati delegation included the Ministers of Government Affairs Muhammad bin Abdullah Al Gergawi, Energy and Infrastructure Suhail bin Muhammad Al Mazroui, Economy Abdullah bin Tuq Al Marri, and Minister of State for Artificial Intelligence and Digital Economy Omar bin Sultan Al Olama.
At the beginning of the conversation, Sheikh Hamdan Al Maktoum expressed his sincere gratitude to our Head of State for the warm welcome and conveyed warm greetings from UAE President Sheikh Mohammad Al Nahyan and Prime Minister of the UAE, Emir of Dubai Sheikh Mohammad Al Maktoum.
During the meeting, special attention was paid to the issues of forming a new long-term agenda of mutually beneficial cooperation in such key areas as investment, innovative development, green energy, infrastructure, education, healthcare, ecology, digital transformation, tourism and others.
The sides highly appreciated the fruitful results of the joint forum on unlocking the potential of mutually beneficial cooperation, bilateral intergovernmental and interdepartmental talks held this morning.
An agreement was reached to adopt a road map for the development of full-scale cooperation in strategic sectors.
It should be noted that the UAE is one of Uzbekistan's key partners in the Asian region.
The latest high-level contacts took place within the framework of the Global Climate Summit in Dubai last December.
The trade turnover in 2023 grew by 21 percent and amounted to 626 million dollars. More than 320 enterprises with the participation of Emirati capital operate in our country. The portfolio of ongoing and prospective investment projects amounts to about 20 billion dollars.
Comment from the First Deputy Director of the Institute for Strategic and Interregional Studies (ISRS) under the President of Uzbekistan to Dunyo Information Agency
The focal points of President Shavkat Mirziyoyev’s address to the Oliy Majlis and the people of Uzbekistan as well as the signals conveyed to both domestic and international audiences, were highlighted in a commentary by Akramjon Ne’matov, the First Deputy Director of the Institute for Strategic and Interregional Studies (ISRS) under the President of Uzbekistan, in an interview with Dunyo IA correspondent.
The expert highlighted that the primary focus of the Address was on the country’s socio-economic development, the improvement of citizens’ well-being and the enhancement of the national economy’s competitiveness. According to him, the President of Uzbekistan clearly emphasized that it is the economy, the sustainability of development, and the quality of growth that today define Uzbekistan’s opportunities both domestically and in its external engagements.
Akramjon Ne’matov emphasized that despite a challenging and fragmented global environment, Uzbekistan’s economy continues to demonstrate steady growth. For the first time in the country’s history, its GDP surpassed $145 billion this year, whereas just nine years ago, reaching the $100 billion mark was considered an ambitious milestone. Even amid disruptions in global supply chains, exports grew by 23% to $33.4 billion, electricity production in 2025 reached 85 billion kilowatt-hours, and foreign exchange reserves exceeded $60 billion. Over $43.1 billion in investments were attracted to the national economy this year, raising the investment-to-GDP ratio to 31.9%, a clear indicator of the country’s rising investment appeal.
In this context, the expert noted, maintaining high economic growth rates remains an absolute priority. However, what is particularly significant is the shift in focus from quantitative expansion toward a technological and innovative development model. This entails building a knowledge- and technology-based economy, modernizing industry, advancing the digital economy, promoting scientific research and fostering technology transfer. As Akramjon Ne’matov stressed, “An innovative economy ensures long-term competitiveness and reduces dependency on raw materials, which is critically important amid global instability”.
Another strategic priority highlighted by the President of Uzbekistan is the stimulation of domestic demand. According to the expert, the development of the domestic market is seen as a key driver of sustainable growth, encompassing higher household incomes, support for small and medium-sized enterprises, and broader access to financial instruments. Domestic demand, he emphasized, provides stable sources of development and helps shield the economy from external shocks.
Special attention, Akramjon Ne’matov noted, was also given to workforce development and the creation of a new labor market architecture. The President outlined objectives for modernizing vocational education, fostering new competencies, and shaping a flexible and adaptive labor market capable of meeting the needs of a modern economy. He stressed that the labor market and professional development determine the quality of human capital – the key resource of the 21st century.
At the same time, an important focus is placed on ensuring ecological balance, developing “green energy” and the rational use of water resources. The transition to sustainable development, the adoption of renewable energy sources, improving energy and water efficiency, and adapting to climate change are regarded as strategic objectives. Ecology and “green” energy are now considered key factors for national security and sustainable development, Akramjon Ne’matov emphasized.
Among the President of Uzbekistan’s key priorities is also the formation of modern state governance and a fair judicial system. Central to this agenda are enhancing the efficiency, transparency, and accountability of public administration, strengthening the rule of law, digitizing public services and reforming the judiciary. The expert stressed that effective governance and a fair judicial system build trust, enhance investment appeal, and ensure long-term stability.
Overall, he noted, these priorities reflect Uzbekistan’s shift from quantitative growth toward a qualitative model of modernization focused on long-term outcomes.
Based on these strategic directions, Uzbekistan is shaping a framework of key cooperation priorities with international partners, aimed at deepening engagement through high-quality collaboration.
The first priority is technological and industrial partnership. This includes establishing joint high value-added production, localizing advanced technologies, and implementing collaborative research and development projects. The strategic goal is to move beyond simple technology adoption toward co-creation and practical implementation of innovations.
The second priority is the development of human capital. This encompasses joint programs for training and retraining personnel, sustained collaboration between universities, research centers, and industry, and the cultivation of new competencies demanded by the modern economy. The objective is to ensure the sustainability of reforms and enhance the quality of the workforce.
The third priority is “green” energy and resource efficiency. The focus is on joint initiatives in renewable energy, water-saving technologies, and environmentally sustainable solutions. These efforts are viewed as key instruments for reducing ecological risks and enhancing the long-term resilience of the economy.
The fourth priority is infrastructure and multi-level connectivity. The development of transport, logistics, and digital infrastructure aims not only to deepen Uzbekistan’s integration into regional and global supply chains but also to strengthen internal connectivity across the country’s regions, reduce territorial disparities, and improve access to markets, services, and economic opportunities. Taken together, these initiatives reinforce Uzbekistan’s role as a stable regional hub for cooperation and transit.
The fifth priority is institutional development and the quality of public governance. This includes promoting principles of transparent and efficient governance, establishing a fair and independent judicial system, enhancing the effectiveness and professionalism of the civil service, and fostering experience-sharing in the digitalization of public services. These measures create a predictable institutional environment, strengthen trust among investors and partners, and serve as a solid foundation for sustainable, long-term international cooperation.
In conclusion, Akramjon Ne’matov emphasized that Uzbekistan views collaboration with foreign partners as a strategic priority. The country aims to transition from broad but largely quantitative engagement toward high-quality partnerships, centered on technology, human capital, and sustainable growth that align with the long-term interests of all parties.
Dunyo IA
President of the Republic of Uzbekistan Shavkat Mirziyoyev met with World Bank Vice President for Europe and Central Asia Antonella Bassani on September 30.
The sides discussed topical issues of further expansion of strategic cooperation with the World Bank Group and support of this leading international financial institution to the ongoing reform program in New Uzbekistan.
At the beginning of the meeting, Vice President Antonella Bassani conveyed to the head of our state sincere greetings and best wishes of World Bank President Ajay Bangui.
During the conversation, the current high level and fruitful nature of bilateral cooperation were noted with deep satisfaction.
In recent years, our country has become one of the largest partners of the Bank - the portfolio of projects has increased several times and now exceeds 12 billion dollars.
The World Bank is supporting the implementation of important reforms aimed at ensuring the sustainability of economic and social sectors. The Bank's regional office in Tashkent has been operating since July this year.
Such areas as poverty reduction, transformation of state-owned enterprises and banks, decarbonization, support for WTO accession and others have been identified as priorities for further expansion of the partnership.
Special attention was paid to the programs of urbanization and integrated development of regions, modernization of energy and irrigation infrastructure, support to the private sector.
There was also an exchange of views on the promotion of regional projects.
The crises observed today in the system of international relations once again testify to the growing need for mutual understanding, unity, and the achievement of common goals for the states of Central and South Asia. In this regard, dialogue platforms that contribute to strengthening mutual understanding and trust are of particular importance. In this context, the Termez Dialogue serves as a platform for developing interregional cooperation. Its first meeting took place on May 19, 2025, aimed at strengthening regional connectivity and elevating cooperation to a new level.
The growing demand for this platform was reflected in the organization of a separate session dedicated to the Termez Dialogue within the framework of the Doha Forum in December 2025. The discussions highlighted the importance of practical approaches to enhancing interregional cooperation.
The current meeting of the Termez Dialogue is aimed at defining a new stage in the development of the platform - the transition from conceptual discussions to defining priority areas and practical mechanisms for realizing the potential of interregional cooperation. During the Termez Dialogue, special emphasis is expected to be placed on strengthening cultural ties.
This is relevant because interdependence must be understood more broadly than just trade, infrastructure, and transport corridors. It includes social, intellectual, and cultural ties that unite the communities of the region. Revisiting this history creates an important conceptual foundation for modern regional cooperation.
It is noteworthy that even in the past, Termez, a city located between the Greco-Bactrian, Kushan kingdoms, and other ancient states where Zoroastrianism, Buddhism, Christianity, and Islamic traditions emerged and developed as a center of intercultural and religious dialogue, flourished during the Timurid era and became a major center of trade, crafts, and science[1]. Indeed, if we look at our history, the countries of Central Asia and the South Asian region have always developed harmoniously as a single space, closely cooperating in all spheres. The works of the great thinker Abu Rayhan Beruni “India,” Zahiriddin Muhammad Babur “Baburnama” and other historical sources are clear evidence of these close ties.
Furthermore, the following remarks by Muhammad Sobir Turkestani, Deputy Ambassador of Afghanistan to Uzbekistan, deserve attention: “Both Uzbekistan and Afghanistan are located on the land between two rivers, which was once called Mawarannahr.” There are many similarities in our cultures. The cultural heritage of Alisher Navoi is the wealth of the peoples of Uzbekistan and Afghanistan. The remains of our ancestor Alisher Navoi are in the Herat region. All the minarets built in Herat during the reign of Sultan Husayn Bayqara stand as a single complex. Zahiriddin Muhammad Babur was buried in Kabul. In a complex called Babur's Garden. There are also large cultural museums in Afghanistan. Our antiquities are kept in our museums in Kabul, Herat, and Mazar-i-Sharif.”[2] Of course, the main goal of our efforts today is not to develop these historical ties, but to restore them, and to further strengthen the bonds of friendship and brotherhood between our peoples.
To this end, in recent years, Uzbekistan has been increasingly developing ties with the countries of South Asia.
At the same time, special attention is paid to the development of cultural ties and people-to-people contacts, which contributes to strengthening economic ties and realizing untapped potential.
This approach is relevant given the ineffectiveness of using only military-political means to ensure security. For example, the failure to achieve positive results was once again confirmed by the withdrawal of US troops from Afghanistan in 2021, which was carried out with the help of weapons and military to establish peace and stability on Afghan soil. In this context, Uzbekistan's economic ties with Afghanistan today serve as one of the important factors in establishing peace in the country and restoring its economy.
According to estimates by the Statistics Agency of Uzbekistan, mutual trade turnover amounted to $653 million in 2021, $688.8 million in 2022, $784.1 million in 2023, and $999.9 million in January-November 2024[3]. Over the past five years, trade turnover has increased 2.5 times, reaching $1.68 billion in 2025, while Uzbekistan's exports amounted to approximately $1.5 billion. The parties set a new medium-term goal to increase trade turnover to $5 billion. Therefore, today Uzbekistan is becoming one of the important investors in Afghanistan. Specifically, according to a $1 billion agreement signed between Uzbekistan and Afghanistan, Uzbekistan will participate in the development of the Tuti Maidan gas field in the Jauzjan and Faryab regions for 10 years.
The Termez International Trade Center, established in the Surkhandarya region, plays a very important role in implementing such trade and economic instruments. This shopping center is the first trade zone in Central Asia serving various entrepreneurs, especially Afghan entrepreneurs, who cooperate with Afghanistan. The shopping center features permanent exhibitions and fairs, an Uzbek-Afghan business school, a medical clinic for the treatment and provision of medical care to patients who are citizens of Afghanistan, a hotel, enterprises specializing in the production of precious metal jewelry, a multi-currency system, and other conditions that allow entrepreneurs to trade freely.
According to analytical data, 60% of Uzbekistan's total international transport passes through the transit routes of Central Asian countries and Afghanistan. Uzbekistan's access to seaports through Afghanistan is 2-3 times shorter than the access to the Black and Baltic Seas, and 5 times shorter than the route to the Pacific ports[4]. According to economic analysts, the cost of delivering one container from Central Asia to South Asia through Afghanistan to seaports will decrease from $900 to $286. In addition, transportation time will be reduced from 35 days to 3-5 days. At the same time, export potential will also increase sharply. Improving transport and infrastructure communications and attracting international transit carriers to Central Asia is one of the most important tasks uniting the countries of the region. Its resolution is determined by the need to improve the socio-economic situation in the region.
In conclusion, interdependence is the most important task for the countries of Central and South Asia in terms of ensuring stability and sustainable development. In this sense, the Termez Dialogue, as a prestigious international forum, will be effective in further expanding ties between our regions, opening new horizons for cooperation, and moving confidently along the path of peace and development.
Furthermore, the Termez Dialogue, as a platform for strengthening interregional connectivity and restoring common historical, cultural, and civilizational ties, opens opportunities for the development of new international transport and logistics corridors through Afghanistan. In the current difficult conditions of growing mutual trust and conflict of interests, such a format of cooperation as the Termez Dialogue is of great importance.
Tashkent State University of Oriental Studies, Foreign policy and international economic relations Deputy Director of the Institute PhD., O. Abdurakhmonov
Eldor Aripov: "Termiz muloqoti Markaziy va Janubiy Osiyo o‘rtasidagi o‘zaro bog‘liqlikni mustahkamlashda muhim ahamiyatga ega". (21.05.2025), https://daryo.uz/2025/05/21/eldor-aripov-termiz-muloqoti-markaziy-va-janubiy-osiyo-ortasidagi-ozaro-bogliqlikni-mustahkamlashda-muhim-ahamiyatga-ega
Afg‘onistonda O‘zbekistonga aloqador madaniy boyliklar kam emas. (07.11.2023). https://xabar.uz/uz/madaniyat/afgonistonda-ozbekistonga-aloqador-madaniy-boyliklar-kam-emas
O‘zbekiston Respublikasi Tashqi savdo aylanmasi. 2024-yil yanvar-noyabr oylari uchun dastlabki ma’lumot // O‘zbekiston Respublikasi huzuridagi Statistika agentligi. – B.4.
Akmalov Sh. O‘zbekiston va Afg‘oniston: o‘tmishdan hozirgacha. Monografiya. – T.: “Zamon poligraf”, 2023. – B. 70.
Uzbekistan and the Czech Republic are entering a new phase in their relationship, building on the strong foundation laid over more than three decades. During this period, Uzbek-Czech ties have evolved from largely ceremonial contacts into a system of substantive engagement spanning political dialogue, trade, investment, and cultural and humanitarian exchange. Today, as Uzbekistan deepens its connections across Europe, the Czech Republic stands out as one of its most prominent partners in Central Europe.
The framework of the current relationship took shape from the first years of independence. The two countries established diplomatic relations on January 1, 1993, and the Czech Republic moved quickly to open a trade mission in Tashkent – one of the first to do so – which it converted into a full embassy in November 1994. Over the following decades, both sides steadily built out the treaty and legal framework, developed inter-parliamentary ties, and established intergovernmental communication channels, creating the infrastructure for genuine cooperation.
The year 2023 marked a qualitative turning point. Reciprocal visits at the prime ministerial level – Czech Prime Minister Petr Fiala’s visit to Tashkent in April and Uzbek Prime Minister Abdulla Aripov’s visit to Prague in October – infused the relationship with new content and momentum. The talks produced the Interstate Joint Declaration “On Enhanced Cooperation”, which set the direction for the partnership in the years ahead.
The pace of engagement has not slowed since. Czech Foreign Minister Jan Lipavský visited Tashkent in October 2024, and in September 2025 President Shavkat Mirziyoyev and President Petr Pavel met on the sidelines of the 80th UN General Assembly. Both sides have concentrated on expanding ties in investment, transport, innovation, and agriculture – a focus that reflects the practical, results-oriented character of the bilateral dialogue.
An important institutional development came in February 2025, when both chambers of the Oliy Majlis established Uzbek-Czech inter-parliamentary groups. These structures sustain continuous dialogue at the parliamentary level and create conditions for strengthening the legislative relationship and broadening the treaty and legal framework.
This political activity has created fertile ground for trade and economic engagement, which is showing positive momentum. Bilateral trade reached $189.7million in 2025. Although this represents a slight decline from 2024, the figure is three times higher than the 2018 level, reflecting the broader long-term upward trend. The Joint Intergovernmental Commission on Economic, Industrial and Scientific-Technical Cooperation serves as the structural instrument for sustaining this trajectory; its tenth session took place in Prague in March 2025. Through this mechanism, both sides are steadily expanding their business presence.
More than 40 companies with Czech capital now operate in Uzbekistan, and that number continues to grow. A vivid example of Czech business interest is Škoda Group’s intention to launch a joint venture in Uzbekistan for the local assembly and maintenance of railway rolling stock, as well as to establish a Škoda Academy for the training of industry specialists.
Beyond manufacturing and trade, Czech business is also making inroads in healthcare. Contacts with Czech pharmaceutical companies are becoming more regular, and Czech medicines and modern medical equipment have gained a solid presence on the Uzbek market.
Czech business interest is underpinned by active government support: the Czech Republic is actively backing Uzbekistan’s accession to the WTO, which is expected this year. Membership in the organization will open new opportunities for foreign investors and create additional conditions for expanding trade.
The humanitarian dimension of the partnership has taken the longest to develop and is, for that reason, the most durable. As far back as 2003, Termez State University and Charles University launched a joint archaeological expedition in the Surkhandarya region. Over twenty years of fieldwork, the project has uncovered previously unknown monuments from the Bronze and Iron Ages. The exceptional finds gathered over the years of research formed the basis of the exhibition “From Zarathustra to Genghis Khan”, which opened in Tashkent in April 2023 on the occasion of Prime Minister Fiala's visit.
The cultural agenda continues to grow. Czech musical ensembles regularly participate in the Sharq Taronalari festival in Samarkand, while the Czech-Uzbek Friendship Society in Prague has for many years served as a living platform for people-to-people diplomacy.
Academic and scientific cooperation is also advancing. The National University of Uzbekistan named after Mirzo Ulugbek, the Tashkent Medical Academy, and a number of other universities are running joint programmes with Charles University, Comenius University, the Czech University of Life Sciences Prague, and Mendel University.
Student interest in Czech education continues to grow steadily: over the past five years, the number of students from Uzbekistan studying in the Czech Republic has doubled, approaching 700. The annual Czech government scholarship programme, which gives Uzbek citizens access to undergraduate, master’s and doctoral study, has contributed significantly to this growth.
Labour mobility between the two countries is also developing. Around 3,000 Uzbek citizens currently work in the Czech Republic in industry, construction, trade, and services, and an annual quota of 150 labour visas reflects both sides’ structured approach to organising labour mobility.
All of this sustains a steady flow of mutual travel, supported by a direct weekly air service between Tashkent and Karlovy Vary that makes the Czech Republic a readily accessible destination.
The breadth and depth of this engagement naturally raises the question of priorities for the bilateral dialogue going forward.
First, opening an Embassy of the Republic of Uzbekistan in Prague would improve the speed of contacts, expand Uzbekistan’s diplomatic presence, and allow more effective support for joint projects.
Second, despite the temporary decline in trade volumes in 2025, the potential for recovery is considerable. The Czech Republic’s high standing in the Prosperity Index, 8th in the EU in 2026, confirms its status as a key technology and investment partner for Uzbekistan.
Third, particular promise lies in mechanical engineering, machine-tool manufacturing, and industrial automation. According to Harvard University’s Economic Complexity Index, the Czech Republic has held 7th place globally for a decade in its capacity to produce and export technologically sophisticated goods – precisely the kind of partnership Uzbekistan needs for its industrial modernisation agenda.
Overall, the Czech Republic is consolidating its role as one of the strategic anchors in Uzbekistan’s European partnership network. The convergence of Czech industrial capacity and Uzbekistan’s dynamic, fast-growing economy lays the foundation not merely for an exchange of goods, but for deep technological integration and large-scale industrial projects designed to last for decades.
Kayumova Madinabonu,
Leading Researcher of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan
A presentation of the literary and publicistic collection “Uzbekistan: Third Renaissance – Concept of the Future” was held in Islamabad, written in Urdu by renowned Pakistani journalist and author Muhammad Abbas Khan, explores Uzbekistan’s modern development vision and reform agendat.
The collection offers a comprehensive analysis of the essence, spiritual foundations, and global significance of Uzbekistan’s vision for a New Renaissance — the foundation of the country’s Third Renaissance — under the leadership of President Shavkat Mirziyoyev. The book elaborates on the concept advanced by the Head of State, tracing its historical roots and outlining its relevance for the future of human civilization. The author emphasizes that this vision draws inspiration from the legacy of Uzbekistan’s great ancestors and seeks to unite the principles of modern development, enlightenment, and humanism, serving as a bridge between the nation’s rich intellectual past and its forward-looking aspirations.
The collection also highlights the shared initiatives and common aspirations of the leaders of Uzbekistan and Pakistan to advance major transport and communication projects linking Central and South Asia. According to the author, these efforts represent the revival of the legendary Silk Road. The book not only describes the sweeping reforms and modernization taking place in Uzbekistan, but also emphasizes that the development path of the “New Uzbekistan” may serve as an inspiring model for Pakistan and the wider Eastern world.
The presentation ceremony brought together members of Pakistan’s government and parliament, representatives of the diplomatic corps accredited in Islamabad, prominent scholars, analysts, public figures, and media representatives. Attaullah Tarar, Federal Minister for Information & Broadcasting of Pakistan, attended the event as the guest of honour.
The presentation opened with the national anthems of Uzbekistan and Pakistan, followed by a video highlighting the nine years of Shavkat Mirziyoyev’s leadership as a President of Uzbekistan.
The event commenced with welcoming remarks by Alisher Tukhtaev, Ambassador of Uzbekistan to Pakistan. In his address, the Ambassador emphasized that, under the leadership of President Shavkat Mirziyoyev, Uzbekistan has entered an era of openness and creative transformation.
He noted that over the past nine years, the country has implemented comprehensive reforms across the socio-economic, political, educational, and cultural spheres. As a result, Uzbekistan’s Gross Domestic Product has doubled, reaching 115 billion US dollars; exports have risen to 26 billion dollars; and foreign investments have exceeded 130 billion dollars. Thousands of new enterprises have been established, reflecting the dynamic pace of development and modernization.
It was noted that relations between Uzbekistan and Pakistan have been elevated to the level of a strategic partnership, with the establishment of the High-Level Strategic Cooperation Council. Direct air connections now link Tashkent with Islamabad and Lahore, while collaboration in the fields of education and culture continues to expand rapidly.
Particular attention was given to the Trans-Afghan Railway Project — recognized as a strategic initiative aimed at strengthening peace, mutual trust, and economic connectivity across the region, effectively reconnecting Central and South Asia.
Ambassador Alisher Tukhtaev expressed his sincere gratitude to the author of the featured work, Muhammad Abbas Khan, and to the management of “Daily Ittehad” publishing house for their contribution to the creation and publication of the book. He emphasized that this work will make a valuable contribution to fostering friendship and solidarity between the peoples of Uzbekistan and Pakistan.
In turn, Tahir Farooq, head of “Daily Ittehad” publishing house, expressed his satisfaction with the publication of the book “Uzbekistan: Third Renaissance – Concept of the Future”.
“This book is not merely a compilation of facts about Uzbekistan”, - he noted, - but an important work that vividly reflects the ongoing processes of reform and renewal in the country. It is not a collection of speeches or a translation of another author’s work, but the result of five years of observation and analysis by Muhammad Abbas Khan. His insights carry great significance for understanding Uzbekistan’s contemporary path of development. The book also serves as an important historical document of the new era unfolding in Uzbekistan”.
In his address, Attaullah Tarar, Minister for Information and Broadcasting of Pakistan, highlighted the deep historical ties between the peoples of Uzbekistan and Pakistan, noting that the land of Uzbekistan has produced eminent figures of the Timurid dynasty, including the distinguished scholar and statesman Zahiriddin Muhammad Babur. The Minister emphasized that the region connecting Central and South Asia has always been a vital part of the Great Silk Road, and that Uzbekistan’s contemporary policy under the leadership of President Shavkat Mirziyoyev is focused on revitalizing this historic corridor of cooperation.
Concluding his speech, Minister Attaullah Tarar reaffirmed the readiness of Pakistan’s Ministry of Information and Broadcasting to extend full support in promoting the book and the “Third Renaissance” initiatives advanced by President Shavkat Mirziyoyev to the Pakistani public.
In his address, author Muhammad Abbas Khan discussed the process of writing the book, the ideas it conveys, and its principal objectives. According to the author, the work is based on his research, observations, and personal impressions, providing an objective account of Uzbekistan’s ongoing processes of renewal and development.
“I have had the opportunity to directly observe the profound transformations taking place in Uzbekistan, the reforms being implemented under the leadership of President Shavkat Mirziyoyev, and the policies aimed at fostering an open society, enhancing human dignity, and advancing education and enlightenment, along with their tangible results. Today, Uzbekistan is experiencing a period of awakening. The concept of the Third Renaissance, being realized in Uzbekistan, serves as an example of a universal experience grounded in confidence in the future, scientific and spiritual renewal, and policies for the development of human potential”, - said Muhammad Abbas Khan.
The book “Uzbekistan: Third Renaissance – Concept of the Future” is expected to serve as a unique resource for familiarizing the Pakistani public with Uzbekistan’s new historical path of development, while further strengthening the cultural and spiritual bonds between the two nations.
Dear compatriots!
Sincerely, from the bottom of my heart, I congratulate you, all our people on the holiday of Kurban Hayit, which has come in our country, which is being transformed and illuminated with the light of peace, kindness and harmony every day.
In these blessed moments we all deeply feel the spirit and joy of the great holiday and give immense gratitude to the Almighty for the fact that we meet such bright days together with our people.
Today, Kurban Hayit, firmly established in people's lives as a symbol of mercy, generosity and humanism, is gaining more and more significance, consonant with the content of large-scale reforms in the New Uzbekistan, in which respect for human honor and dignity comes to the fore in all spheres.
It should be especially noted that our sacred religion and this bright holiday, which embodies its humanistic essence, serves as a source of strength and inspiration for us in all good deeds aimed at strengthening the atmosphere of peace and tranquility, friendship and cohesion in mahallas and families, caring for the older generation, youth and women, low-income families, and making sure that no one is left behind.
Dear friends!
In these bright days, when our hearts are filled with joy, we talk about the great work carried out in recent years to revive the original spiritual values, to improve the sacred places, to create favorable conditions for the Muslims of the country to freely perform religious rites, including hajj and umrah.
In a short period of time, international scientific centers of Imam Bukhari, Imam Termezi and Imam Maturidi have been organized. The memorial complexes of Abu Iso Termezi, Abu Muin Nasafi, Sulton Uwais Karani and Suzuk Ota have been radically transformed. Work on the construction and equipping of the Imam Bukhari memorial complex and the Centre for Islamic Civilization is continuing apace. Majestic mosques are being built in many towns and villages.
Over the past seven years, more than 60 thousand Muslims of the country have made the Hajj. These days 15 thousand more of our compatriots are making pilgrimage to two sacred cities - Mecca and Medina, having realized their most cherished dream.
In such blessed moments, when good thoughts come true, we wish them with all our heart to fully perform the rites of Hajj and safely return to their homeland.
On the eve of the celebration of Hayyit, during our telephone conversation with the Chairman of the Muslims' Board, the Honorable Mufti Sheikh Nuriddin Kholiknazar, who is staying in the holy Mecca, he emphasized the created conditions necessary for our compatriots to perform the rites of Hajj. We hope that, having returned home, our pilgrims will become an example in further strengthening the atmosphere of kindness and mutual assistance in the society, in the struggle of enlightenment against ignorance, strengthening the education of youth and establishing harmony in families.
Dear compatriots!
Today we sincerely congratulate our compatriots abroad on this holiday, wish them health, happiness and success.
We convey warm congratulations to believing Muslims in the states of near and far abroad and sincere wishes of peace and progress to their peoples and countries.
May the ongoing wars and conflicts in different regions cease! May peace reign on the Earth forever!
Dear friends!
Today, together with our multinational people, we are building a new Uzbekistan. The new Uzbekistan is a new life, a new development, a happy future.
If we unite more firmly and continue the initiated reforms with even greater determination, we will undoubtedly achieve this great goal.
We will surely raise our children to be a generation of true patriots, highly educated, possessing modern knowledge and professions.
I wish you happiness and success on this path.
May the Almighty protect our nation!
I once again congratulate you on the holy holiday of Kurban Hayit, wish you health, peace and prosperity to your families.
Shavkat Mirziyoyev,
President of the Republic of Uzbekistan
In October, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, will pay a state visit to the Kingdom of Belgium, during which important decisions are expected to be made that will mark a qualitatively new stage in relations between Uzbekistan and the European Union. In particular, the visit will feature the signing of the Agreement on Enhanced Partnership and Cooperation.
In recent years, Uzbekistan has been actively shaping a new framework of engagement with Europe – a key pillar of stability amid current geopolitical tensions and global economic uncertainty. The ties between Uzbekistan and European countries continue to grow, and the areas of cooperation are diversifying, supported by the ongoing reforms in Uzbekistan.
Building a New Chapter in Relations
After gaining independence, Uzbekistan’s relations with the European Union developed dynamically. A Memorandum of Understanding between the Government of Uzbekistan and the European Commission was signed in 1992, followed by the establishment of diplomatic relations in 1994. The foundation of cooperation was laid by the Partnership and Cooperation Agreement (PCA) signed in June 1996 and entering into force in 1999. However, at a certain stage, cooperation faced difficulties due to the insufficient pace of democratic reforms in Uzbekistan.
With the election of Shavkat Mirziyoyev as President, the situation changed dramatically. As early as 2017, during his visit to Tashkent, Stefano Manservisi, Director-General for International Cooperation and Development of the European Commission, stated that “the EU regards Uzbekistan as a strategic partner.” The sweeping democratic and economic reforms launched in Uzbekistan helped resolve within a short period many issues that had long remained unsolved. Forced labor was completely eradicated, and reforms in the cotton sector enabled the country to abandon raw cotton exports altogether.
As reforms advanced, the legal and institutional framework of relations with Europe expanded rapidly. While previously Uzbekistan and the EU granted each other most-favored-nation treatment under the PCA, in April 2021 the EU granted Uzbekistan GSP+ beneficiary status, and in 2022 the Enhanced Partnership and Cooperation Agreement (EPCA) was initialed.
Along with internal transformation, Uzbekistan’s foreign policy architecture also changed. Priority was given to closer cooperation with neighboring Central Asian states, as well as the active expansion of ties with European countries – a vector that has strengthened steadily in recent years.
Just in the past year, Uzbekistan established strategic partnership relations with France, Italy, and Slovakia, while discussions on expanding strategic cooperation with Hungary continued. President Mirziyoyev also visited Slovenia, and Italy’s Prime Minister and Bulgaria’s President visited Uzbekistan.
A milestone in strengthening relations between Uzbekistan and Europe, and between Europe and Central Asia as a whole – was the first EU–Central Asia Summit, held in Samarkand in April 2025 under the chairmanship of Shavkat Mirziyoyev. Uzbekistan presented a broad range of initiatives to create a new model of regional cooperation between Central Asia and Europe, including: a multilateral agreement on investment protection and promotion; the launch of a Central Asia–EU Joint Chamber of Commerce; the adoption of a regional support program for SMEs and women’s entrepreneurship; the establishment of an investment platform to promote regional projects in green energy, innovation, transport, infrastructure, and agriculture.
The Samarkand Summit was highly productive. A Joint Declaration was adopted, establishing a strategic partnership between the two regions in trade, transport, energy, digital connectivity, and water management. European Commission President Ursula von der Leyen announced that the EU had prepared a €12 billion investment package for Central Asia under the Global Gateway initiative.
The Trajectory of Economic Cooperation
Uzbekistan’s deep democratic transformations have significantly improved relations with European countries. Economic reforms have enhanced the competitiveness of Uzbekistan’s economy, stimulating investor confidence and growing interest from European businesses.
The results are impressive. Over the past 8 years, Uzbekistan’s GDP has doubled, reaching $115 billion in 2024. Since 2017, investment in fixed capital has totaled $240 billion, of which foreign investment exceeded $130 billion. The country’s foreign exchange reserves surpassed $48 billion for the first time in history. Structurally, the share of industry in the economy increased from 20% to 26%, and services from 44% to 47%. Labor productivity (GDP per employed person) rose by 45%.
As a result, opportunities for mutually beneficial cooperation between Uzbek and European businesses have expanded. Between 2017 and 2024, Uzbekistan’s trade with the EU increased 2.4 times to $6.4 billion; exports grew 3.6 times to $1.7 billion, and imports 2.2 times to $4.7 billion. In 2024, the EU’s share in Uzbekistan’s total trade turnover was 9.7%, in exports 6.3%, and in imports 12%. The EU ranked third among Uzbekistan’s trade partners, after China and Russia.
The EU’s share in Uzbekistan’s total exports increased from 3.8% to 6.3% over the same period. This growth was driven by Uzbekistan’s accession to the GSP+ preferential trade system, granting duty-free access to the EU market across roughly 6,200 tariff lines. The share of Uzbekistan’s exports benefiting from GSP+ reached 59%, with a preference utilization rate of 84%, indicating efficient use of trade benefits.
In 2024, Uzbekistan’s exports to the EU were dominated by chemical products (52.1%), as well as textiles, ferrous and non-ferrous metals, minerals, and food products. Among EU members, France accounted for 47.2% of exports, Lithuania for 10%, and Latvia for 6.9%.
Uzbekistan’s imports from the EU significantly exceeded exports – a reflection of the ongoing technological modernization of the national economy. Around 16% of Uzbekistan’s total imports of machinery, equipment, and transport vehicles come from EU countries.
Investment cooperation is also expanding rapidly. In 2024, foreign investments and loans from EU countries and their financial institutions increased by 77%, reaching $4.1 billion (compared to $2.3 billion in 2023). The most active investors were Germany ($1.37 billion), the Netherlands ($1.05 billion), Cyprus ($858.9 million), the Czech Republic ($137.8 million), Italy ($99.8 million), and Sweden ($97.5 million). Today, around 1,000 enterprises with EU capital operate in Uzbekistan, with a total project portfolio of €30 billion.
A special role in recent years belongs to the EBRD, of which Uzbekistan has become one of the largest beneficiaries. The Bank’s total investments in Uzbekistan’s economy exceeded €5 billion, including around €1 billion in 2024, primarily directed toward the private sector.
Reforms in Uzbekistan have become the key driver for unlocking the significant potential of trade and economic cooperation with the European Union.
Uzbekistan–Belgium
The upcoming visit will also focus on strengthening relations between Uzbekistan and Belgium. Diplomatic relations were established following the opening of the Embassy of Uzbekistan in Brussels in 1993. In 1996, the two countries signed an Agreement on avoidance of double taxation, and in 1998 – an Agreement on mutual protection and promotion of investments, which provide legal guarantees for investors in both states.
Business contacts have intensified in parallel with Uzbekistan’s reform agenda. The visits of 2019 and 2022 set the tone for cooperation in infrastructure, energy, and the digital economy. More important than the current trade volumes has been the recognition and support of Uzbekistan’s reforms by EU partners, laying the foundation for long-term engagement.
In 2024, bilateral trade amounted to $62.3 million, including $7.3 million in Uzbek exports and $55 million in imports. Investment cooperation is gaining momentum: several dozen companies with Belgian capital now operate in Uzbekistan, including wholly owned enterprises. New technologies are being localized, for example, Jaga Climate Designers is participating in a joint venture for heating and ventilation systems, and Picanol Group is localizing the assembly of high-tech textile machinery. Belgian brands Belcolade and Prefamac are exploring opportunities to launch chocolate production with subsequent localization.
Despite modest trade volumes, there is significant potential for expanding cooperation in several areas. Given Belgium’s leading role in pharmaceuticals and biomedical research and Uzbekistan’s growing pharmaceutical market, joint ventures or industrial clusters could be developed in this sector, involving companies such as UCB and Janssen Pharmaceutica.
There is also strong potential for joint fruit and vegetable processing projects in Uzbekistan, targeting exports to the EU via Belgian logistics hubs such as the Port of Antwerp and wholesale markets. Potential partners include Greenyard and Puratos. Direct seasonal exports of fresh fruits (e.g., grapes in autumn and winter), as well as dried vegetables, spices, and organic products, could also be expanded. In light industry, there is room to increase exports of ready-made knitwear and home textiles, provided European quality and safety standards are met. The market potential is evident – Belgium imported about $7.9 billion worth of clothing in 2024.
The main challenges remain logistics and standards. Belgium functions as a major EU maritime hub centered around Antwerp, while direct routes from Uzbekistan are still limited. The near-term priority should be pilot supply chains ensuring quality and traceability, the development of cold logistics, certification under EU technical and sanitary regulations, the use of Benelux consolidation hubs, and trade finance tools for SMEs. With the gradual development of new overland routes along the Middle Corridor, Uzbekistan will gain a stronger foothold in high value-added exports without higher costs or delivery delays.
Conclusion
Uzbekistan is entering a stage of deepened economic cooperation with the European Union. During the ongoing modernization and digital transformation of its economy, European investment, technology, education, and research experience can play a key role. At the same time, Uzbekistan seeks to expand exports of industrial goods as their quality improves.
Uzbekistan is also a rapidly growing market with a young and dynamic population, now reaching 38 million people – an 18% increase since 2017. Every year, around 700,000 economically active individuals enter the labor market, forming a substantial human resource base for the economy, including joint ventures.
As a result of poverty reduction policies, living standards and household incomes have risen significantly. Whereas a third of the population once lived below the poverty line, 7.5 million people have been lifted out of poverty, and the poverty rate declined to 8.9% in 2024, with plans to reduce it further to 6% this year. These policies not only address social challenges but also expand domestic demand, increasing the interest of European businesses in entering Uzbekistan’s market.
The further deepening of Uzbekistan’s economic engagement with the EU and Belgium is an objectively mutually beneficial process – one that will define the success of the upcoming state visit of President Shavkat Mirziyoyev to Belgium.
The agreements expected to be signed will help advance joint projects in sustainable energy and infrastructure, strengthen transport and technological connectivity between Central Asia and Europe, and position Europe as a key partner in Uzbekistan’s long-term growth and modernization trajectory.
Obid Khakimov,
Director of the Center for
Economic Research and Reforms
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.
Today, global demand for water resources is steadily increasing. In this context, the rational use of shared water resources in Central Asia is one of the key factors in ensuring regional security, stability, and sustainable development.
The constructive proposals and practical initiatives put forward by the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, aimed at addressing global environmental challenges—particularly water security—are widely supported by countries across the region. In this regard, the introduction of modern irrigation technologies is considered the most effective solution for improving water-use efficiency in agriculture. These technologies not only help conserve water but also reduce costs related to fertilizers, fuel, and labor, while increasing agricultural productivity.
From the early stages of reforms in New Uzbekistan, enhancing the culture of water use has been elevated to the level of state policy. The “Uzbekistan–2030” Development Strategy identifies the widespread introduction of water-saving technologies across all irrigated lands as a top priority.
In his Address to the Oliy Majlis and the people of Uzbekistan, the President emphasized the importance of this issue, noting that a total of 3.3 trillion UZS will be allocated in 2026 for the implementation of water-saving technologies (approximately $275 million).
Analysis shows that since 2019, the state support mechanism—including subsidies for the adoption of water-saving technologies—has proven effective and has significantly encouraged clusters and farmers.
As a result, between 2019 and 2025:
As a specialist in this field, I can confidently say that water-saving irrigation methods—particularly drip and sprinkler systems—are becoming increasingly popular among farmers.
On February 3 of this year, a presentation was held before the President focusing on improving water efficiency and expanding the use of water-saving technologies. Additional measures to scale up these efforts were discussed.
In particular, by 2028 it is planned to introduce water-saving technologies on an additional 930,000 hectares, increasing the total coverage to 3.5 million hectares, or approximately 80% of all irrigated land.
The adoption of these technologies will ensure more reliable water supply, especially for regions facing water scarcity. Reforms aimed at strengthening state support in this area are being consistently advanced.
In accordance with the Presidential Resolution dated February 5, 2026, new incentive mechanisms are being introduced for agricultural producers.
Specifically:
In 2026, commercial banks will allocate 2.6 trillion UZS in loans, while 800 billion UZS will be provided as subsidies.
A system for continuous professional development based on the experience of Xinjiang (China) will also be introduced.
Starting from 2027:
From April 1, 2026, the use of traditional irrigation methods on subsidized lands where water-saving technologies have already been introduced will be considered unauthorized water use and will result in financial penalties.
In Uzbekistan, human capital development remains a priority. Under the “School of Water Specialists” initiative, 10,000 agricultural workers will be trained this year, and 358 specialists will undergo training abroad.
In addition, starting from the 2026/2027 academic year, higher education institutions will enhance training programs in this field, incorporating international best practices.
In conclusion, efforts to ensure the rational use of water resources, expand the adoption of water-saving technologies, and deepen sectoral reforms are reaching a new level.
Today, the time has come to elevate water conservation into a true nationwide value.
Dauranbek Kdirbaev,
Ministry of Water Resources
Head of the Department for the Implementation
of Water-Saving Technologies