Uzbekistan is undergoing a large-scale transformation of its social protection system, aimed at improving the well-being of its citizens and enhancing the effectiveness of social services. A key driver of this process is the national development strategy “Uzbekistan – 2030”, which focuses on the comprehensive and high-quality modernization of the country’s social policy.

In recent years, Uzbekistan has introduced innovative approaches to supporting vulnerable groups, including low-income families, the elderly, persons with disabilities, victims of violence, women in difficult situations, and children deprived of parental care.

Reforms are being implemented both at the legislative level and through specific programs and projects. A significant milestone was the establishment in 2023 of the National Agency for Social Protection (NASP) under the President of Uzbekistan – the only consolidated, ministerial-level body of its kind in the region, responsible for coordinating the implementation of a new generation of social policy.

Unlike neighboring countries, where social functions are divided among several institutions, Uzbekistan has integrated all components of social protection into a single digital system managed by NASP. This has improved coordination, efficiency, accountability, and has led to real improvements in the lives of vulnerable population groups.

In 2021, Uzbekistan ratified the UN Convention on the Rights of Persons with Disabilities (CRPD). The country offers a range of benefits to companies and organizations that employ individuals with disabilities. Many institutions, streets, and bus stops across the country are gradually being adapted to accommodate people with disabilities.

A key focus of the reforms is the development of “Inson” Social Services Centers, established in 208 districts and cities across the country. These centers operate on a one-stop-shop model and provide over 100 types of social assistance, including psychological and legal counseling, food assistance, and targeted aid for 12 categories of citizens, such as persons with disabilities, low-income families, and the elderly.

All centers are fully digitized, integrated with state systems, and operate on an individualized support model. Each citizen undergoes a needs assessment and receives a personalized support plan with ongoing guidance through the recovery or reintegration process.

In every makhalla (community unit), social workers are assigned based on a tiered “region–district–makhalla” structure, according to the number of families and individuals in need.

In the second quarter of the year 2025, 1.787 million applications were submitted to “Inson” Centers. Of these, 1.204 million were processed, while 496,200 are under review. The most in-demand services include compensation for gas and electricity costs, child benefits, support for low-income families, and access to health resorts for seniors and persons with disabilities.

The “From Poverty to Prosperity” program, enacted by Presidential Decree on September 23, 2024, addresses issues of social orphanhood and care for children deprived of parental care. It focuses on the creation of conditions as close as possible to a family environment and on an individual approach to each child. Accordingly, measures have been developed to place such children in foster care and provide them with social services. In particular, priority is given to preserving the family setting when placing a child in foster care. The main forms of placement are guardianship, custody, or adoption. Placement in a specialized institution is considered only as a measure of last resort.

Children with difficult life situations are temporarily placed in family orphanages within “Inson” Centers before being placed in foster care. Each child is assigned an individualized development plan, with records managed through the “Social Protection” system, which tracks both identified orphans and families willing to foster.

In this way, “Inson” Centers serve as legal representatives for such children, safeguarding their interests, monitoring living conditions, the use of support provided, and ensuring caretakers fulfill their obligations.

During his visit to the “Inson” Social Services Center in Tashkent’s Shaykhantahur district, President Shavkat Mirziyoyev emphasized: “This is a place where every persons concerns are taken care of and where they strive to make people happy. Through such a system, social justice and human dignity are established in our society”.

Special attention in Uzbekistan is given to families raising children with disabilities. As part of a public-private partnership, a specialized center “Imkoniyatlar Olami” (“World of Opportunities”) was created to provide services to children from birth to three years of age. Previously, such infants were exclusively under the care of their parents, and were admitted to specialized institutions only from the age of three. Now, if a risk of disability is identified during pregnancy, expectant mothers can receive help and counseling here, which will strengthen the care of the child. Psychological support is also provided.

Starting March 1, 2025, a day care services for children with disabilities aged 3 to 18 began operating under a public-private partnership model. It offers a wide range of services – social, rehabilitative, educational, and more. The initiative by NASP aims to support children’s social adaptation and enables parents, previously unable to work due to caregiving responsibilities, to return to employment.

A pilot project in Tashkent – the private kindergarten “Wunderkind” in the Yashnabad district successfully operates such a day care service, offering pedagogical, social, and rehabilitative care for children with special needs.

Another example is Family-type home No. 1 in the Mirzo-Ulugbek district. It currently houses nine children – seven with various medical conditions (Down syndrome, dysplasia, anemia, heart defects), and two without. Education and care are customized: three attend specialized kindergartens, three go to general kindergartens, and three are home-schooled.

The home emphasizes individualized care, love, and a nurturing environment that replicates family life. Caregivers follow development plans and integration programs tailored to each child’s needs and capabilities.

“Children choose their meals and even help prepare them, fostering responsibility and independence”, one caregiver noted.

Currently, nine such homes operate across Uzbekistan – five in Tashkent, two in Kashkadarya, and two in Samarkand.

In accordance with the Presidential Decree “On measures to expand the scope of social services provided to individuals in need of care”, the “Step Towards an Active Life” program is being implemented. Under this initiative, adults with disabilities or those requiring constant care receive free social services through vouchers. These include home-based care, supervision, assistance with hygiene, meals, and psychological support.

An example of the program’s implementation is a center located in the Nodirabegim makhalla of Mirzo-Ulugbek district. It has capacity for nine people and currently serves seven. The center is staffed by five experienced professionals.

Iroda Khamidova, a primary school teacher at Wunderkind:

“Our special day care center for children with disabilities, designed for nine children, currently serves seven. Two caregivers and an assistant are assigned to them. The center operates five days a week for nine hours a day and includes a psychological service.

Educators focus on building essential skills such as holding a spoon or expressing creativity with a pencil. The center was established under a Presidential initiative to support children with special needs.

Here, we’ve created all necessary conditions, including a psychologist’s office where not only children but also parents receive consultations and moral support. Seeing their child in a safe and attentive environment reassures them”.

Farhod Kamilov, Chief Specialist of NASP’s Department for the Development of Medical and Social Services for Persons with Disabilities:

“From March 1, 2025, we launched a pilot day care service in seven regions of Uzbekistan, including Tashkent.

By October 1, we plan to expand the service nationwide. Agreements with entrepreneurs in all districts have already been signed as part of public-private partnerships.

Currently, the day care program covers 1,200 children. We believe it is essential to raise public awareness about their specific needs.

Territorial NASP offices operate psychological, medical, and pedagogical commissions. They conduct comprehensive assessments of children with special educational needs and recommend the most suitable path – inclusive, special, or day care service.

It is important to understand that day care is not an educational institution; it focuses solely on caregiving and development. The entrepreneur provides 9-hour daily care, allowing parents to work or do other things.

With mutual agreement, it may be extended up to 12 hours, but the child must always return home to their family.

Our main goal is to reduce, or ideally eliminate, the need for residential care institutions. That is why these day care services were created. Our main goal is to reduce or ideally prevent the placement of children in long-term institutional care. It is with this purpose that such day care services have been established”.

 Dunyo IA

The declaration of independence and the commitment of the Government of Uzbekistan to the ideals of democracy, the choice of a secular path of development of society have gradually made it possible to create equal legal conditions for the existence of religions in general and religious groups in particular.

In the religious sphere, this large-scale work is carried out by the relevant state bodies and civil society institutions and is aimed at ensuring citizens' constitutionally guaranteed right to freedom of conscience; strengthening religious pluralism, tolerance and interfaith dialogue.

One of the significant results of joint work is the adoption in December 2018 by the UN General Assembly of a special resolution "Enlightenment and Religious Tolerance".

The adoption of the resolution was a practical implementation of the initiative of the President of the Republic of Uzbekistan Shavkat Mirziyoyev, put forward at the 72nd session of the UN General Assembly. The main goal of the proposed resolution is "to ensure universal access to education, the elimination of illiteracy and ignorance."

It is noteworthy that the resolution was not only unanimously supported by all UN member states, but also adopted with the co-authorship of over 50 countries. This testifies to the high recognition by the international community of the relevance and timeliness of the initiative of the President of Uzbekistan.

In recent years, significant changes have taken place in Uzbekistan and large-scale reforms have been implemented in many areas, including in the religious and educational sphere.

A number of legislative acts have been adopted aimed at further improving activities in the religious sphere.

In order to deepen the study of Islam and teach its scientific foundations, the International Islamic Academy of Uzbekistan was created. The Academy specializes in teaching secular and religious knowledge, training qualified personnel in the interpretation of the Koran, Islamic law, religious dogmas and hadiths.

In Uzbekistan, unique mechanisms are used to revive national and religious values, study and promote the rich scientific and spiritual heritage of great ancestors, and strengthen religious tolerance in society. The activities of the Center for Islamic Civilization, international research centers of Imam Bukhari, Imam Termizi, Imam Maturidi, Bahauddin Naqshbandi have been established.

As a result of large-scale reforms and transformations carried out in the religious sphere, the Higher Madrasah Mir Arab in Bukhara, the School of Hadith Studies in Samarkand, the Madrasah of Imam Termizi and the Islamic Institute named after Imam Termizi in Termez began their activities.

In addition, the Charitable Public Fund "Vakf" was established under the Office of Muslims of Uzbekistan, whose tasks include financing work on the reconstruction of mosques, holy places of pilgrimage and visits, other objects, providing material and technical support and providing material support to employees in this field. The Fund received the opportunity to dispose of funds coming to 3 accounts: charitable, vakf and zakat (ushr, fidya, fitr).

In accordance with the adopted legislative acts, in order to further improve the activities of the Committee on Religious Affairs, a new composition of the Council for Religious Affairs has been approved, which is a public advisory body under the Committee.

The activities of the Council are inextricably linked with ensuring freedom of religion in the country, respecting the rights of religious organizations and believers. The initiatives of the members of the Council are fully implemented within the framework of measures taken by the country's leadership in the field of protecting and further strengthening the rights and freedoms of religious movements.

The significance and timeliness of the measures taken by the country's leadership served as the basis for holding the international forum "Dialogue of Declarations" in Tashkent, Samarkand and Bukhara on May 16-20, 2022. This event was part of the systematic and consistent efforts of Uzbekistan to practically implement the principles and provisions enshrined in the Special Resolution of the UN General Assembly "Enlightenment and Religious Tolerance", adopted in 2018 on the initiative of President Shavkat Mirziyoyev.

It is especially worth noting that at the past 76th session of the UN General Assembly, the "Bukhara Declaration" adopted following the results of this forum was recognized as an official UN document. As an official UN document, the document has been translated into 6 languages and distributed among the UN member states, as well as specialized agencies of the organization.

The second round of the international forum will be held on September 10-13, 2025 with the assistance of several NGOs from the USA. The participants of the event also visited Samarkand, where they got acquainted with the activities of the reconstructed complex of Imam Bukhari.

Uzbekistan has special dates that are closely related to the religious life of believers: these are "Day of Friendship of Peoples", celebrated on July 30, and "International Day of Tolerance", celebrated on November 16. Both of these dates are marked not only by holding events, but also by awarding the corresponding badges - the badge "Khalklar dustligi" ("Friendship of Peoples") has been awarded since 2021, and the badge "Diniy bagrikenklik" ("Religious Tolerance") began to be awarded to distinguished citizens since 2023. Among the awardees are representatives of various religious denominations of Uzbekistan.

At the same time, Uzbekistan attaches great importance to the preservation of religious and spiritual heritage, the enrichment of existing funds, the creation of necessary conditions for local and foreign researchers to work with historical sources, and the comprehensive study of historical and cultural heritage.

Today, in the country, in order to ensure interethnic and interfaith harmony in society, a legislative framework has been created that provides for the observance of the rights and legitimate interests of citizens.

The Constitution of the Republic of Uzbekistan enshrines the norm on freedom of religion for every person. Attention is also paid to improving and liberalizing national legislation in the field of religion. The procedures for obtaining permission for the production, import and distribution of religious literature have been simplified. The procedure for state registration of religious organizations has been further optimized.

Currently, the new Law "On Freedom of Conscience and Religious Organizations" is in force, which contributes to ensuring the constitutional rights of citizens of the country to freedom of conscience and religion.

Noting the fundamental innovations in the Law as a consistent continuation of large-scale reforms in the religious and educational sphere, special attention should be paid, first of all, to the creation of favorable conditions for ensuring freedom of conscience for every person, and clarifying law enforcement practice.

Currently, 2373 religious organizations of 16 religious denominations operate in Uzbekistan. Of these, Muslim organizations - 2174, which is 92 percent of the total number.

There are also 181 Christian organizations, 8 Jewish communities, 7 Baha'i communities, one Krishna society and one Buddhist temple, as well as the interfaith Biblical Society of Uzbekistan operating in Uzbekistan.

Recently, 134 religious organizations have been registered in Uzbekistan, including 3 higher and one secondary specialized Islamic educational institutions in Bukhara, Samarkand and Termez, 105 mosques and 25 non-Islamic organizations of 7 different religious denominations.

At the same time, the national legislation of Uzbekistan does not provide for any restrictions on the number of religious organizations or the terms of their registration.

Religious organizations operating in the republic, along with other public organizations, actively participate in spiritual and educational work, make a significant contribution to improving the spirituality of society, and forming strong beliefs in young people based on patriotism, as well as interfaith and interethnic tolerance.

It should be noted that religious policy in Uzbekistan is based on the principles of the secular nature of the state, religious tolerance and equal treatment of all religions. In the republic, representatives of various nations and ethnic groups professing Islam, Christianity, Buddhism, Judaism and other religions carry out their activities on equal terms.

All conditions have been created for adherents of each denomination, allowing them to freely and unhindered practice their religion.

Believers freely pray in mosques, churches, synagogues, observe fasting, and also make pilgrimages. Religious organizations have the right to own territory, publish literature, train their religious ministers, and organize pilgrimages to holy places.

The freedom of religion guaranteed by the national legislation of Uzbekistan has created all the necessary conditions for meeting the religious needs of all citizens - representatives of 136 national and ethnic groups.

Representatives of different faiths freely celebrate all religious holidays. Thus, from year to year, Kurban-Hayit and Ramadan-Hayit are celebrated on an increasingly large scale among Muslims, Easter and Christmas - among Christians, Pesach, Purim and Hanukkah - among Jews, Navruz - among Baha'is, as well as celebrations dedicated to Buddha and Krishna and other major events.

Believers make pilgrimages to holy places: Muslims to Saudi Arabia to perform the Hajj and Umrah rituals, Christians - to Russia, Greece and Israel, Jews - to Israel.

Over the years of independence, more than 484 thousand Muslims have made pilgrimages to Saudi Arabia, including 188 thousand - Hajj and 296 thousand - Umrah, more than 3.2 thousand Christians and Jews have visited religious shrines in Israel, Russia, Turkey, Italy, Georgia, Greece.

To meet the spiritual needs of society, a large number of religious literature of various orientations is published annually. To fully cover the religious life of Uzbekistan, a number of newspapers and magazines are published, including the newspapers "Islom nuri", "Slovo zhizni", the magazines "Khidoyat", "Vostok svyshe".

Today, in Uzbekistan, on a systematic basis, a set of measures is being carried out to protect the population from the negative influence of destructive ideas that reflect radical extremist ideology and religious fanaticism.

An important step in this direction was the application of acts of pardon. In particular, since 2017, 29 decrees of the President of the Republic of Uzbekistan have been adopted on pardoning persons who have committed crimes.

It should be noted that in recent years, within the framework of the consistent policy pursued in Uzbekistan in the field of protecting the rights and freedoms of citizens, special attention is paid to measures aimed at protecting the rights, freedoms, honor and dignity not only of citizens residing in the republic, but also of our compatriots who find themselves in difficult life situations in foreign countries.

Unfortunately, some of our citizens, who have fallen under the influence of alien ideas, believing false promises, in different years joined the ranks of international terrorist organizations in armed conflict zones abroad. Spouses, fathers of some women returned as part of humanitarian operations, died in the course of armed clashes.

Given this circumstance, on the instructions of the President of Uzbekistan, five humanitarian actions "Mehr" were successfully carried out in 2019-2021, within the framework of which more than 500 citizens of the republic, mainly women and children, were returned to their homeland from the zones of armed conflicts in the Middle East and in Afghanistan.

In order to further assist in their speedy reintegration and rehabilitation, a set of measures has been implemented at the state level to provide timely medical, psychological, material and moral assistance. To date, all returnees have been provided with the necessary conditions for their adaptation to peaceful life and integration into society, access to educational and other social programs has been provided, including through the provision of housing and employment.

In general, it is worth noting that an important distinguishing feature of the religious life of modern Uzbekistan is the inadmissibility of establishing advantages or restrictions for one religion in relation to other denominations.

One of the main priorities of reforming society in order to ensure interethnic harmony and religious tolerance is to ensure and protect the rights and freedoms of citizens, their equality before the law regardless of race, gender, nationality, language, social origin, beliefs, religion, personal and social status, which are enshrined in the Constitution of Uzbekistan.

Uzbekistan consistently and steadily fulfills its international obligations in the field of ensuring religious freedoms within the framework of international human rights treaties.

As is known, Uzbekistan has acceded to more than 70 major international human rights instruments. Accession to these documents contributed to the creation of an effective human rights protection system in Uzbekistan.

It is important that Uzbekistan's policy in the field of religion, aimed at strengthening interfaith dialogue and religious tolerance in society, is an important factor of stability and security.

In conclusion, I would like to emphasize that the large-scale reforms being carried out in the country are a clear confirmation of the consistent continuation by the President of the Republic of Uzbekistan of the implementation of the principle "Everything in the name of man, in the name of his future."

Committee on Religious Affairs

On November 29, President Shavkat Mirziyoyev convened a meeting dedicated to identifying additional opportunities, increasing investments and jobs in Bukhara region.

Previously, the economy of this region was mainly linked to agriculture. However, over the past seven years, the region has attracted more than $4 billion investments, enabling development of such industries as energy, electrical engineering, chemicals, pharmaceuticals, textiles and leather. In the past period of the current year, 1.5 million foreign tourists visited Bukhara.

The visit of the Head of State to the region on May 31-June 1 gave a new impetus to its development. All the tasks outlined during the visit will be fully accomplished by the end of the year.

At the same time, it is important to ensure further growth of economic indicators in 2025, increase employment and well-being of the population. To this end, the working group studied additional opportunities of the region and factors hindering entrepreneurship development.

The critical meeting emphasized that the region's economic performance does not correspond to its potential. Work on investment absorption, poverty and unemployment reduction was recognized as unsatisfactory.

In this regard, the hokims, their deputies and sector heads will be put on emergency duty for a period of six months. The entire focus will be on improving these three areas. Special attention will be paid to implementing 70 driver projects based on the experience of Saikhunobad, Uychi, Zarbdar and Gijduvan. They will provide income to 150 thousand people and lift 40 thousand people out of poverty.

As it was mentioned, each district of the region can be specialized for a certain industry. For example, Peshku and Shafirkan - for production of construction materials and textiles, Kagan city, Alat and Jondor districts - for food industry, Gijduvan and Romitan - for chemical industry. This will make it possible to implement projects of entrepreneurs worth $150 million, create 411 small enterprises and provide 12 thousand jobs.

Four textile factories are planned to be built in Vabkent, Karakul, Jondor and Alat at a total cost of $320 million. This will double the volume of finished knitwear and textile products and create 5,000 jobs.

Next year, the number of foreign tourists is expected to reach 2.2 million and tourism exports are expected to reach $600 million. This will be supported by opening 69 new hotels and 2 thousand handicraft stores.

It is planned to develop additional 20 thousand hectares of land, which will allow to grow additional 100 thousand tons of agricultural products and provide employment for 2 thousand people. Trees and food crops will be planted on vacant homestead land, along canals and field edges.

Another opportunity is pastures. In Bukhara region their area exceeds 2 million hectares. As part of the decisions made at a recent meeting on horticultural development, it is planned to grow pistachios on unused pastures.

Hokim of Bukhara region presented plans to utilize these opportunities. In general, next year 106 projects will be implemented, 105 thousand permanent jobs will be created, exports will be increased by $350 million due to foreign investments worth $2 billion.

The Head of State pointed out the insufficiency of these plans and instructed to intensify efforts and improve results. He tasked to revise the proposals again and draft a relevant resolution.
 

The text of the article is in Uzbek.

To mark Defenders of the Homeland Day and the 34th anniversary of the Armed Forces of the Republic of Uzbekistan, a number of significant state events were held. Key events included an expanded meeting of the Security Council chaired by President Shavkat Mirziyoyev, a tour of the defense industry's production facilities, and the head of state's address to military personnel and compatriots.

In this regard, a correspondent of Dunyo IA approached Akramjon Nematov, First Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan, with a request to comment on the key outcomes of these events and the tasks outlined by the country’s leader:

- It's no exaggeration to say that today, the Supreme Commander-in-Chief of Uzbekistan laid the foundation for a new stage in the modernization of the national army—its high-tech transformation. I would even say that Shavkat Miromonovich's congratulations this year were not simply a tribute to tradition, but a kind of manifesto for the "New Look Army," where intelligence and technology must finally supplant outdated approaches to warfare. In the President's vision, security is not an isolated military task, but a multidimensional foundation for the sustainable development of the state in the digital age.

By analyzing the key messages of the head of state, one can trace a clear and consistent logic for the transformation of all elements of the public administration system.

The key innovation of the current stage of reforms lies in the recognition of the profound transformation of the very nature of modern warfare, in which technological superiority, rather than personnel numbers, is decisive. This is why the President of Uzbekistan has set the task of a large-scale doctrinal update: the development of a new version of the Defense Doctrine and the National Security Concept has been initiated. This is dictated by the need to adapt strategic documents to the conditions of hybrid threats while simultaneously maintaining Uzbekistan's non-aligned status and reliance on multilateral diplomacy. This sends a clear signal to the country about the predictability and sovereignty of the republic's course.

The central element of the updated strategy is the transition to a “proactive mode of operation,” in which the security system must not only respond to emerging threats, but also be capable of predicting risks in advance and neutralizing them at an early stage.

This intellectualization of security naturally requires a review of the Armed Forces' technical makeup. In this regard, the head of state initiated a thorough re-equipment of the army, prioritizing the implementation of artificial intelligence, robotic systems, and modern cybersecurity systems. It was emphasized that in modern conflicts, victory is achieved not by the number of bayonets, but by technological superiority and the speed of information processing. In this context, the digital transformation of the army becomes an undisputed priority. In other words, in modern warfare, intelligence is more important than mass, and victory is determined by the quality of technology and management.

At the same time, high technology demands a fundamentally new level of competence. Therefore, a true personnel transformation has been initiated: the army is being positioned not as a closed institution, but as a modern educational and technological platform. It is becoming a school of life and professional growth, as well as a driver of economic development. Every year, 5,000 conscripts will undergo training under the "One Million Programmers" and "Five Million AI Leaders" programs. This strategic move allows us to simultaneously address two objectives: increasing the army's cyber resilience and creating a pool of in-demand specialists for the country's economy.

Furthermore, the program provides for training soldiers in civilian professions, with the issuance of state-issued certificates upon completion of their service. For military personnel opening a business after demobilization, the state will reimburse 6% of the loan interest rate. Educational incentives are also being introduced: the opportunity to take university entrance exams directly at military units, interest-free student loans for those entering universities after service, and reimbursement of the costs of obtaining international language certificates. This approach reflects the current trend of developing "smart forces," in which the country's defenders are also qualified specialists in demand in the civilian sector.

In this way, the army is organically integrated into the civil society system, providing young people with real tools for personal and professional success.

For this model to function effectively, a solid social foundation is essential. Therefore, an unprecedented strengthening of social protection for military personnel has become a logical continuation of the reforms. The decisions to double officers' length-of-service bonuses and pay veterans pensions equal to 100% of their pay are, in my view, a strategic investment in the prestige of military service. Additionally, a 10% increase in pay for privates and contract sergeants is envisaged, as well as a 20% increase in the salaries of civilian defense personnel this year and a further 50% increase next year.

The President clearly demonstrates that the state takes full responsibility for the well-being of those who defend the Motherland, thereby raising the prestige of military service and strengthening the principle of unity between the people and the army.

The final element of this comprehensive strategy is achieving profound technological self-sufficiency. The modernization of the national defense-industrial complex, the creation of domestic military technology parks, and the development of unmanned systems production are aimed at minimizing external dependence. A visit to the Chirchik Aircraft Plant and defense technology parks clearly demonstrates that Uzbekistan is focusing on localization, a service economy, and the development of its own industrial base. The creation of a regional hub for Airbus equipment maintenance is not only a matter of prestige but also a practical step toward technological independence and integration into global production chains.

All this strengthens state sovereignty, enabling the effective protection of national interests by relying on its own innovative potential and competencies. At the same time, the military is becoming a driver of innovative development: technologies developed for defense purposes inevitably find application in civilian sectors.

In conclusion, it should be emphasized that the announced initiatives mark a definitive departure from outdated models. Essentially, we are witnessing the emergence of a new model of statehood, one in which high-tech sovereignty, intellectual capital, and social justice are integrated into a single strategy.

A highly mobile, technologically advanced army is being created, capable of effectively countering hybrid threats in the changing nature of warfare. The army serves not only as a shield for the state but also as a driver of education, the economy, and social mobility—a modern, pragmatic, and deeply national approach to development and security in the new global reality.

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.

In January, growth in the business climate was mainly driven by an outpacing increase in the expectations component. The agricultural sector and services became the key drivers of business confidence.

The Center for Economic Research and Reforms (CERR) presented the results of its business climate analysis based on monthly surveys of entrepreneurs across the republic. Based on the collected data, a composite Business Climate Indicator was formed, reflecting both current assessments of business conditions and expectations for the next 3 months.

Dynamics of Uzbekistan’s Composite Business Climate

In January of the current year, Uzbekistan’s composite Business Climate Index stood at 64 points (on a scale from −100 to +100), which is 23% higher than the level of 2025.

The improvement in the business climate was primarily driven by stronger assessments of the current business situation, which increased by 28%.

An additional contribution came from improved optimism regarding short-term business prospects. In particular, business expectations rose by 20%.

According to the survey, 22% of enterprises increased their number of employees. At the same time, 71% of respondents expect demand for their products to grow over the next three months, compared to about 60% in the same period last year.

The share of enterprises forecasting an increase in employment in the coming quarter rose to 65%, up from 58% a year earlier.

Sectoral Dynamics of the Business Climate Index

In sectoral terms, an improvement in the business climate compared to last year was observed in construction, agriculture, and services.

In agriculture, the Business Climate Index increased by 62% year-on-year and reached 77 points, compared to 48 points in January 2025.

Growth was mainly supported by a significant improvement in assessments of current conditions and more favorable expectations. The current situation indicator in the sector increased 2.7 times from 27 to 72 points, while expectations grew by 17% to reach 82 points.

44% of entrepreneurs assessed the condition of their business in the sector as “good,” compared to 39% a year earlier. Growth in demand for products over the past three months was reported by 46% of enterprises versus 39% in January last year. Expectations for further demand growth in the near term remain high at 71%, compared to 68% a year earlier.

In the services sector, the business climate increased by 25% compared to January last year, reaching 65 points versus 52 points a year earlier.

Growth was driven by a gradual improvement in current business conditions. Current assessments in services rose by 18% to 52 points. At the same time, a more pronounced increase was observed in the expectations component, which grew by 32% to 79 points, indicating a substantial strengthening of companies’ confidence in short-term prospects.

70% of entrepreneurs expect demand for their services to grow over the next three months, compared to 58% in January 2025. The share of enterprises expecting to increase employment in the coming quarter amounted to 61%, up from 54% a year earlier.

In the construction sector, the business climate increased by 13% to 61 points, compared to 54 points a year earlier. The current situation indicator improved by 43% to 57 points. Expectations were formed at the level of 66 points, showing a decline of 4%.

38% of respondents reported that business conditions in construction had improved over the past three months, compared to 35% a year earlier. The share of enterprises reporting workforce growth rose to 38% from 22% a year earlier. Expectations of demand growth over the next three months were expressed by 77% of entrepreneurs, compared to 61% in January last year.

In industry, the business climate slightly declined by 5% compared to last year, while remaining at a sufficiently high level of 54 points.

At the same time, optimism among industrial enterprises remains steadily high. In January, expectations increased by 10%, reaching 78 points, indicating a continued positive outlook regarding development prospects.

According to the survey, the share of respondents reporting an improvement in business conditions over the past three months reached 32%, compared to 30% a year earlier. Demand growth over the same period was noted by 38% of industrial enterprises versus 36% in January last year. Meanwhile, employment expansion plans strengthened — 69% of entrepreneurs expect to increase their workforce in the next three months, compared to 62% a year earlier.

Barriers to Entrepreneurial Activity

According to the survey, more than half (57%) of entrepreneurs see no barriers in their activities. Among the problems cited, the most frequent are taxation (11%), utilities (9%), and access to credit (8%).

CERR Sector for the Study of Sectoral Competitiveness and Investment Activity

Tel: (78) 150 02 02 (441)

CERR Public Relations and Media Sector

Tel: (78) 150 02 02 (417)

From 3 to 6 May 2026, Samarkand will host the 59th Annual Meeting of the Asian Development Bank (ADB). The event is expected to bring together heads of banking and financial institutions from 69 member countries, as well as representatives of international organizations. Discussions will focus on the key development challenges facing the countries of Asia and possible ways to address them.

The holding of such a high-level forum in Uzbekistan reflects the growing recognition of the country’s ongoing economic reforms and the strengthening of its position within the global financial system. A significant factor has also been the notable expansion of cooperation between Uzbekistan and the ADB in recent years, as evidenced by a number of objective international assessments of the country’s socio-economic development.

First, there has been a steady rise in Uzbekistan’s international standing and stronger performance in global rankings. In particular, in the Government Technology Maturity Index published by the World Bank, the country advanced by 71 positions, entering the world’s top ten.

Second, despite continuing disruptions in global production and transport-logistics chains, rising commodity prices, and tighter financial conditions, Uzbekistan continues to demonstrate устойчивый economic growth. In 2025, for the first time in the country’s history, gross domestic product exceeded USD 145 billion, while gold and foreign exchange reserves surpassed USD 60 billion.

At the same time, the volume of attracted foreign investment increased significantly, reaching USD 43.1 billion, while the share of investment in GDP exceeded 31 percent. Moreover, despite growing protectionism and sanctions pressure in the global trading system, the republic increased exports by 23 percent, bringing them to USD 33.4 billion.

Third, cooperation between Uzbekistan and the ADB is comprehensive and long-term in nature. The total portfolio of joint initiatives amounts to 174 projects worth USD 27.5 billion, of which 66 projects worth USD 10.5 billion have already been completed, while another 30 projects valued at USD 4.6 billion are currently under implementation. These figures confirm the ADB’s status as one of Uzbekistan’s leading development partners.

Building on accumulated experience, the ADB launched a new five-year partnership strategy with Uzbekistan in August 2024 for the period 2024–2028. Its key priorities include supporting the republic’s transition toward a green and inclusive economy, enhancing private sector competitiveness, and stimulating investment in human capital.

In addition, Uzbekistan and the ADB approved a Memorandum of Understanding for 2026–2028, which envisages the implementation of 28 projects with a total value of USD 4.2 billion.

The fact that the meeting is being held in Uzbekistan positions the country as a regional hub for dialogue on development and investment, demonstrates the progress of reforms, and contributes to attracting global partners to accelerate the country’s sustainable development. According to experts, the meeting will serve as an important platform for strengthening cooperation and concluding priority agreements between the Government of Uzbekistan and the ADB.

Furthermore, in order to consolidate long-term priorities, President of Uzbekistan Shavkat Mirziyoyev put forward an initiative to mark the Samarkand summit with the signing of an important document — the Expanded Strategic Partnership Programme with the ADB for 2027–2030. It will serve as a medium-term roadmap, with primary emphasis placed on human capital and social resilience.

Thus, cooperation between Uzbekistan and the ADB has evolved from financial assistance into a strategic partnership. Today, the Bank finances key projects, shapes the reform agenda, and supports the long-term transformation of the national economy, effectively acting as an institutional partner.

Such cooperation opens a number of significant advantages for Uzbekistan:

Economic – access to concessional loans and grants, reduced budgetary burden in implementing large-scale programmes, improvement of the investment climate and inflow of long-term foreign investment, infrastructure development, and employment growth;

Structural – acceleration of market reforms, liberalization and diversification of the economy, and private sector development;

Strategic – integration into the global economy, transition to a green growth model, and participation in regional value chains and transport-logistics corridors.

As can be seen, the modern ADB agenda largely coincides with Uzbekistan’s current reform trajectory. According to experts, the republic has synchronized its national strategy with the Bank’s priorities and, as a result, can attract even greater volumes of financing to accelerate structural reforms and strengthen economic resilience.

Overall, the key features of the modern model of cooperation between Uzbekistan and the ADB are: comprehensiveness (covering all major sectors), strategic orientation (alignment with the long-term goals of “Uzbekistan–2030”), institutional depth (reforms, regulation, standards), and sustainability (environmental protection and inclusiveness).

Thus, today the ADB is not merely a creditor, but a key strategic partner participating in structural reforms, economic modernization, and Uzbekistan’s integration into global economic processes.

Dmitriy Trostyanskiy

Chief Research Fellow,

Institute for Strategic and Regional Studies

under the President of the Republic of Uzbekistan,

Doctor of Economic Sciences

On May 18^th, President of Uzbekistan will participate in the 13^th session of the World Urban Forum (WUF-13), to be held in Baku, the capital of Azerbaijan.

The forum, co-organized by the United Nations Human Settlements Programme (UN-Habitat) and the State Committee on Urban Planning and Architecture of Azerbaijan, will be held under the theme “Housing for all: Safe and sustainable cities and communities”.

This theme chosen for the prestigious forum is aligned with the priority areas of the UN-Habitat Strategic Plan for 2026-2029 and holds vital importance in addressing the global housing crisis.

It should be noted that in recent years, significant attention has been paid worldwide to the fields of housing construction and urbanization. In this regard, the UN has developed the “Urban-Rural Continuum” concept. According to this approach, a city is not an isolated administrative territory, but rather forms a unified transport, economic, food and ecological system with its surrounding areas.

In Uzbekistan, wide-ranging reforms in housing construction and urbanization are also being implemented under the proposals and initiatives of President Shavkat Mirziyoyev. To meet the public's housing demand, 120 million square meters of housing - comprising more than 600,000 apartments have been built and commissioned in our country over the past eight years. To facilitate homeownership, 103 trillion soums in affordable mortgage loans and subsidies were allocated to 541,000 citizens. As a result of these concerted efforts, the level of urbanization has risen from 40.3 percent in 1991 to 51 percent.

In order to implement activities in the field of urbanization effectively and systematically, the National Committee for Urbanization and Sustainable Housing Market Development of Uzbekistan was established by presidential decree. This state agency has been tasked with numerous responsibilities regarding the implementation of state policy in urbanization processes, housing construction, urban renovation and mortgages, as well as the coordination and development of programs in these areas.

Looking at the figures in this sector, nearly 10,000 new construction companies have commenced operations in Uzbekistan over the past nine years. Twenty large enterprises with a turnover exceeding 1 trillion soums and 365 companies surpassing the 100 billion soums threshold have been established. The number of design organizations has exceeded 2,000, with more than 650 of them receiving international certification.

During this period, permitting stages in the construction sector were reduced threefold, and processing timeframes were cut fourfold. A total of 420 urban planning norms and regulations were consolidated, old rules were repealed, and 140 new standards and guidelines were officially approved.

As a result, 210 million square meters of buildings and facilities, as well as over 15,000 multi-family residential buildings containing 647,000 apartments, have been constructed over the past years. The volume of construction work grew from 30 trillion soums in 2016 to reach 314 trillion soums last year.

Today, the population of Uzbekistan exceeds 38 million, with the urbanization rate reaching 51 percent, meaning nearly 20 million people reside in urban areas.

These indicators demonstrate that urbanization processes in Uzbekistan are developing at a rapid pace, and reforms in the field of urban planning are aligning with international trends. Under these conditions, the sustainable development of urban infrastructure, the shaping of human settlements based on modern requirements and the ensuring of ecological and social balance are acquiring paramount importance. From this perspective, harmonizing the urbanization policy implemented in Uzbekistan with global experience and expanding international cooperation stands as one of the key strategic directions.

UN-Habitat, headquartered in Nairobi, is a specialized programme on human settlements. This programme is aimed at supporting sustainable urban development, shaping the global urbanization agenda and ensuring the coordination of United Nations activities in this direction.

Established in 2001, the World Urban Forum (WUF) is the UN's premier global conference on urban development issues. The forum is convened by UN-Habitat to discuss rapid urbanization and its impact on society, the economy and climate change.

In accordance with UN General Assembly Resolution 71/256, World Urban Forum has been designated as one of the primary platforms for assessing the implementation of the New Urban Agenda.

Today, the forum is regarded as the leading international arena uniting diverse stakeholders in the fields of housing and sustainable urban development. It brings together national, regional and local authorities, civil society, the private sector, international organizations, academia and other participants.

The forum's primary document will be the “Baku Call to Action”, which will reflect the main challenges associated with the global housing crisis and practical measures for their resolution. This document is expected to serve as an essential guideline for policy formulation and the implementation of practical mechanisms at local, national, and global levels.

During the Baku forum, particular attention will be paid to social housing construction, the modernization of informal settlements, the development of urban infrastructure including transport, water supply, sanitation and waste management as well as improving the population's quality of life.

UN is also attaching great importance to the climate and digitalization aspects of urbanization. Cities are viewed as the primary arena of the climate crisis, and it is emphasized that creating climate-resilient infrastructure by 2030 will require an annual investment of 4.5 to 5.4 trillion US dollars.

Today, the “smart city” concept is also transitioning toward a new approach centered on human interests. Digital technologies and artificial intelligence are no longer seen merely as symbols of technological progress, but rather as tools for reducing inequality and expanding access to services.

At the same time, cities are transforming into the primary arenas for recovery in the face of humanitarian crises, forced displacement, housing destruction and mounting pressure on infrastructure.

However, one of the central challenges in UN policy remains the gap between international regulatory frameworks and the practical capacities of states and local authorities. Without adequate financial resources, high-quality data, and effective governance mechanisms, even the best strategies risk remaining mere declarations.

Consequently, the current shift in urbanization policy increasingly focuses away from general principles and toward practical implementation mechanisms specifically issues of financing, governance and accountability.

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.

Dear compatriots!

I cordially congratulate you, the multinational people of Uzbekistan on the coming New Year 2025.

Despite the difficult situation in the world, the outgoing year has been prosperous for our country.

Thanks to the selfless labor, socio-political activity of our people, the idea of New Uzbekistan is becoming a reality.

The past elections to the Oliy Majlis and local councils have reaffirmed that we have entered a new stage of democratic reforms.

New high-tech industrial complexes, infrastructure and logistics networks, roads and railroads have been built in the country, business, IT and tourism spheres are developing. The incomes and quality of life of the population are increasing.

Our skillful dehkans and farmers, clusters have harvested rich crops. The whole country is being improved.

Kindergartens and schools, universities, cultural and sports facilities are being built. Thousands of our compatriots are welcoming the New Year in new homes.

Our energetic, enterprising young people are achieving success in all spheres. Their record achievements at the Olympic and Paralympic Games have opened a new page in the history of national sport.

The role and influence of civil society institutions, including the mahalla, are being strengthened. The sphere of spirituality and enlightenment is developing. Our country's initiatives of global significance are receiving broad support.

Uzbekistan's authority in the international arena as a competitive country and a reliable partner is growing.

All this has become possible thanks to sustainable development, the atmosphere of friendship and harmony in our society.

On this festive evening, I express my sincere gratitude to you, my dear ones, to all our people-creators for your conscientious labor and service to the Motherland.

Dear friends!

We have declared 2025 the Year of Environmental Protection and Green Economy.

Our main goal is to create a sustainable balance between the economic system and our environment. We will create even greater business opportunities.

We will resolutely continue to work to ensure the inviolability of private property and actively attract foreign investment.

The focus will be on the social sphere, increasing wages, pensions, scholarships and benefits.

We will mobilize all forces and opportunities to bring up our children harmoniously developed, with modern knowledge and professions.

We will increase attention to the development of science, education, health care, culture, art and sports.

We will continue to prioritize the care of veterans, women and youth, as well as improving the effectiveness of social protection.

We will raise to a new level the work on strengthening the potential of our Armed Forces, support for servicemen and their families.

In a word, all together, united, we will act to realize the main principle - “In the name of man, in the name of his happiness!”.

Dear friends!

Once again, I sincerely congratulate you - our compatriots abroad, as well as partners and friends of Uzbekistan around the world - on this wonderful holiday.

I wish you health, happiness, prosperity and well-being to every family, to our beloved Motherland!

May all our good dreams and hopes come true!

May our native Uzbekistan prosper!

Happy New Year to you, my dear ones!



Shavkat Mirziyoyev,

President of the Republic of Uzbekistan