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Uzbekistan’s Business Climate Analysis for 2025 – A CERR Study
Uzbekistan’s Business Climate Analysis for 2025 – A CERR Study

Throughout the year, the business climate remained in positive territory, with an annual average of 57 points, indicating an overall favorable business environment in Uzbekistan.

The Center for Economic Research and Reforms (CERR) presented the results of its 2025 business climate analysis, based on monthly nationwide surveys of entrepreneurs. Using the collected data, a composite Business Climate Indicator was constructed, reflecting assessments of current business conditions as well as expectations for the next three months.

Dynamics of the Composite Business Climate in Uzbekistan

According to the results of 2025, the annual average value of the Composite Business Climate Index in Uzbekistan amounted to 57 points on a scale from −100 to +100, which is 7% higher than in 2024. The growth was primarily driven by improved assessments of current conditions. The annual average value of the Current Business Conditions Index increased by 22% and reached 47 points.

At the same time, the Expectations Index declined slightly from 68 to 66 points, while remaining at a relatively high level. This reflects a certain degree of caution among enterprises regarding future prospects amid an overall improvement in perceptions of current conditions.

Over the year, the dynamics of the Composite Business Climate Index were uneven. The highest value was recorded in June at 63 points, while the lowest level was observed in January at 52 points. Fluctuations during the year reflected both seasonal factors and businesses’ adaptation to rapidly changing economic conditions.

By the end of the year, a high level of optimism among enterprises persisted. In December, the Business Climate Index stood at 58 points, increasing by 2 points compared to the end of 2024.

Sectoral and Regional Dynamics of the Business Climate Index

From a sectoral perspective, improvements in the business climate were recorded across most sectors of the economy in 2025. In the services sector, the index reached 58 points, representing an increase of 14.7%. In construction, the index stood at 57 points, up by 14.2%, while in industry it reached 54 points, increasing by 6.8%.

In agriculture, the index remained virtually unchanged at 56 points, indicating the persistence of previously established assessments of business conditions in this sector.

From a regional perspective, the annual average Business Climate Index increased compared to the previous year in 11 regions of the republic. In seven regions, the annual average value of the index reached 57 points.

The most pronounced improvement in business climate conditions was observed in Kashkadarya region, where the index increased by 27%, followed by Jizzakh region with a 23% increase and Khorezm region with a 17% increase. In the Republic of Karakalpakstan, growth amounted to 19%.

In Samarkand region, despite a slight decline in the index, the annual average business climate remained in positive territory at 51 points. In Tashkent region, the indicator remained unchanged at 44 points.

Business Expectations Regarding Price Dynamics and Demand

In terms of business expectations, inflationary and market assessments remained moderate in 2025. On average, 23% of companies expected price increases in the near term, which is 2 percentage points lower than in 2024.

During the year, the share of entrepreneurs expecting price increases fluctuated within the range of 18–27%, reaching a peak in April and the lowest levels in September and December. The highest price expectations were observed among enterprises in agriculture and construction, reflecting sector-specific cost structures as well as the impact of seasonal and weather-related factors.

At the same time, assessments of market conditions remained relatively strong. On average, 66% of entrepreneurs expected an increase in demand for goods and services, while 57% of companies planned to expand their workforce. Overall, the results indicate the persistence of positive expectations regarding business activity and employment, alongside more restrained assessments of price dynamics.

Assessments of Demand and Employment

The Employment Index in 2025 amounted to 43 points, corresponding to a 12% increase. The most significant growth was recorded in the services sector at 14%, construction at 17%, industry at 7%, and agriculture at 11%. Throughout the year, employment dynamics remained moderate, with sustained demand for labor.

The Demand Index also showed improvement. Its annual average value reached 48 points, representing an increase of 13%. The largest contribution came from the services sector, where the index increased by 19%, while in construction, industry, and agriculture the Demand Index rose by 6% in each sector. During the year, the index remained relatively stable, with stronger positive assessments in the second half of 2025.

 

Barriers to Entrepreneurial Activity

Over the course of the year, a gradual reduction in barriers to doing business was observed. According to the results, 60% of entrepreneurs reported that they did not face difficulties in conducting business, which is 6% higher than in 2024.

In industry, problems related to electricity supply decreased by 4%, high tax rates by 3%, and access to financing by 3%.

At the same time, in agriculture and construction, financing-related barriers declined significantly, by 7% and 5%, respectively.

Despite the overall reduction in complaints, financing remained the main obstacle cited by entrepreneurs in construction and industry, reported by 11% of respondents in each sector.

Overall, sectoral data indicate an increase in the share of entrepreneurs who do not face significant constraints, as well as a decline in the importance of financial and infrastructure barriers.

The Business Climate Change Indicator is constructed based on the methodology of the Ifo Institute (Germany). As part of the surveys, company managers assess current and expected changes in business activity based on developments in production, demand, prices, and other indicators.

CERR Sector for the Study of Competitiveness of Economic Sectors and Investment Activity
tel.: (78) 150 02 02 (441)

CERR Public Relations and Media Sector
tel.: (78) 150 02 02 (417)

Surkhandarya the cradle of ancient civilizations
Surkhandarya the cradle of ancient civilizations

Surkhandarya region the cradle of ancient civilizations

Surkhandarya region is the southernmost region of Uzbekistan. It occupies the Gissar ridge in the north, Babatag in the east, the Kugitangtau and Baysuntau spurs in the west, and the Amu Darya in the south.

5 reasons to visit Surkhandarya:

  1. Explore mountain and ecotourism in the region
Surkhandarya region is notable for mountain and ecotourism. In the region you can see an incredibly beautiful natural landscape: caves (Teshik-Tash cave, where scientists discovered the remains of a Neanderthal child in 1938-1939), massifs, gorges. These places attract a lot of attention from travelers and adventure seekers.

  1. Explore monuments of the distant past
The region's territory is rich in historical attractions, including architectural monuments, open-air museums, ruins of ancient settlements, and ancient fortresses. Not far from the city of Termez, on the territory of the ancient settlement of Dalverzintepa, various ivory items, objects made of precious stones, coins, elegant ceramics dating back to the Greco-Bactrian era were discovered; a special place is occupied by the oldest chess pieces in the world (1st-2nd centuries AD). e.).
Additionally, visitors can explore the defensive fortress of Hanaka Kyrk-Kyz, associated with the legend of Princess Gulaim and her forty maidens bravely defending against invading nomads.

  1. Learn About Religious Monuments
In the administrative center of the region – Termez and in its surroundings, many historical attractions associated with various religions, such as Zoroastrianism, Nestorianism, Buddhism and Islam, are still preserved. The architectural complex of Hakim at-Termeziy, the memorial 
and cult complex of Sultan Saodat, the Buddhist cult center of Karatepa, the Buddhist temple complex of Fayaztepa, the Jarkurgan minaret, and the Buddhist stupa of Zurmala are the oldest religious monuments of the Surkhandarya region.

  1. Immerse yourself in the cultural heritage of the region
The cultural heritage of the city of Boysun in the Surkhandarya region and the Uzbek “shashmaqom” (musical genre) are included in the UNESCO list of intangible masterpieces of world cultural heritage.
The folklore festival “Boysun Bahori” (“Boysun Spring”) is held here annually, which reflects the unique rituals, traditions and special culture of the people.

  1. Taste the national cuisine of the region
The diversity of the nationalities of this region has made the cuisine of Surkhandarya unique, unlike any other cuisine in the world.
Here meat is included in almost all dishes. One of the most delicious dishes of this region is Tandoor Gusht.
Also popular is the dish Chuponcha - shepherd's meat, which is prepared from fresh dairy lamb.



The history of the Surkhandarya region has ancient roots dating back to the beginning of great civilizations. This unique place in Uzbekistan is known for its historical monuments and beautiful nature. The region is located in the foothills of Hissar, Bobotaga, Cohitang, which are famous for their beautiful
landscapes and unique natural formations. The rich reserves of mineral water found in the region are an important source of recreation and have healing properties. A trip to Surkhandarya, will be a fascinating experience, during which you can get acquainted with the unusual landscapes of Uzbekistan, see colorful architecture, and immerse yourself in the unique culture of this region.

Canyon Kyzyl
The Canyon Kyzyl, is located in the Surkhandarya region near the village of Baysun and is translated as “Red Canyon”. The length is 30 kilometers, and the highest point is Mount Buritakht, 1218 meters high. Here, nature has created breathtaking labyrinths, stretching for several tens of kilometers, and every turn of the relief, reveals amazing landscapes. In the spring season, the appearance of the canyon differs from the usual harsh stone appearance, since the surface is completely covered with different vegetation, among which rare medicinal herbs can be found. This place is truly amazing and deserves the status of one of the wonders of Uzbekistan.

Cave Boy-Bulok
In the Chul-Bair Mountain range, located in the Surkhandarya region, there is an amazing cave, called Boy-Bulok. It is considered the deepest in the entire Asian continent and reaches a depth of an impressive 1415 meters. Boy-Bulok is located 60 kilometers from the regional center of Baysun, and is a technically complex facility classified as the fifth complexity category.
In 1985, the first study of this unique place was carried out. Various obstacles were found inside the cave, including vertical bends, narrow vertical shafts up to 180 meters deep, and water-filled passages called half-siphons and siphons. Boy-Bulok has an impressive size that extends both down to a depth of minus 1158 meters, where the impenetrable siphon is located, and up to 359 meters. The very impressive amplitude – is 1517 meters.
Boy-Bulok, located at a depth of 1283 meters, is connected with Vishnevsky Cave. These two caves have a potential connection that is 2033 meters deep and extends for about 30 kilometers. This makes Boy-Bulok the third deepest cave in the world.

Massif Khoja Gur Gur ota
In translation, Khoja Gur Gur ota means “Father of all caves”. At an altitude of 3700 meters above sea level, there is a remote region of harsh and very wild nature. The gigantic, sloping peak of the mountain range ends with an impressive 500-meter-high cliff on one side, and deep canyons with cracks tearing the plateau on the other. Here can be seen fossilized traces of dinosaurs, fragments of basalt and crushed stone of the most bizarre shapes, as well as the burial place of the holy righteous man Khumajoy-ota. The slope of Khoja Gur Gur ota extends vertically and has entrances to many caves, many of which have not yet been explored. In addition, upon reaching the highest point of the massif, you will feel like you are standing on a huge wall separating one world from another.

Machay Cave
Machay Cave is another settlement of primitive people, which is located in the Baysun district of the Surkhandarya region. It is located near Mount Cohitang, on the right bank of the Machay River. The cave is 3.4 to 4 meters high, about 8 meters long and about 10 meters wide. It consists of two cultural layers: the upper layer belongs to the Mesolithic, and the lower layer belongs to the late Mesolithic and early Neolithic. Inside the cave, bones of a man and a woman were discovered that date back to the Mesolithic period. It is of great interest to the scientific community is the availability of material evidence of how people lived in the Stone Age. As a result of research, an abundance of artifacts was discovered in Machay Cave, which indicates the way of life of those times. The finds included 87 different stones, hundreds of weapons made from the bones of 15 different animal species, as well as stone knives, axes, handles, sawtooth weapons, arrowheads, bows and spears. The inhabitants of Machay Cave used these various weapons to skin domestic and wild animals and then use them to make clothing for themselves. These findings are of great value to the scientific community, as they allow us to better understand the lifestyle of people of that time. Surkhandarya – the cradle of ancient civilizations.

Sangardak Waterfall
The Sangardak Waterfall is located among the gorges of the Surkhandarya Mountains, being one of the wonders of the country's natural world. The waterfall is situated in the Sariasi region, 205 kilometers from Termez and 30 kilometers from Denau. Sangardak Waterfall is formed from karst waters flowing inside caves, rather than from a mountain river. As a result, people have created various legends about the waterfall and believe that it has healing properties. Moreover, it is worth noting that even ancient Arabs, Greeks, rulers of Transoxiana, and other peoples came to admire the waterfall.

The Teshik-Tash Cave 
The Teshik-Tash Cave is located on the slopes of the Baysuntau mountains. In 1938, during excavations, archaeologists discovered an ancient burial there. Scientists discovered five cultural layers 1.5 meters thick. Clay layers and crushed stones separated the layers. The remains of a Neanderthal child are the most famous finding in the cave, which became famous throughout the world and made the site well-known. Soviet archaeologist A.P. Okladnikov, who discovered these remains, subsequently received the Stalin Prize.

Zarautsay Gorge
The gorge is located in the Kugitang mountains in the Surkhandarya region. These are the southwestern spurs of the Hissar ridge. The discovered cave paintings are rare examples of primitive art. All rock paintings in Zarautsay are written in red ocher, unlike other petroglyphs in Uzbekistan. Impressive hunting scenes with running bulls, goitered gazelles, saigas, arrows, chasing dogs and people with bows and axes, as well as mysterious hooded figures who clearly carry out rituals associated with hunting, can arouse interest and surprise among viewers of this unique ancient art person. Of the 200 images found in 1940, only 40 have now survived in the Zarautsay grottoes.

Dinosaur tracks
Traces of hoofed dinosaurs were discovered in the limestones of the Cretaceous period in the village of Gumatak. The footprints are on a stone slab, which is easily accessible from a car after walking only 300 meters.
Speleologists have also discovered traces of other large dinosaurs in Surkhandarya, but to see them you will need to make a separate trip.

Karyshoto Gorges
In the Surkhandarya region, there is another unusual place, the Karyshoto Gorges. The gorges have karst waterfalls along their walls despite the fact that they are located in hot and dry areas.
As a result, you feel as if you have entered a picturesque oasis. The gorge in several places prevents passage due to the rather high waterfalls. However, when you overcome them, you can see how the gorge continues in two directions.

Canyon Kaptarhona
Several thousand doves have been nesting in this canyon for a long time, which is why this place received the name Kaptarhona, which is translated from Uzbek as “dovecote”.
Once upon a time, the canyon was completely deserted, and its only inhabitants were doves, which were so numerous that one could safely call this place the kingdom of these birds.
Kaptarhona is a winding road along a narrow gorge. Various boulders are scattered along the path. Many attractive and exciting turns hide amazing views.

Khojaikon Salt Cave
In 1989, the Khojaikon Salt Cave was opened, which since then, thanks to the concentration of salt and light negative air ions in the air, has helped people cope with various ailments, such as asthma, respiratory diseases, chronic bronchitis, complications of pneumonia, as well as various skin problems.
The cave is 155 meters long and is a salt monolith inside of which there are treatment room chambers, each of which differs in temperature, humidity, pressure and trace element content. The healing procedure takes only 2-2.5 hours a day.

Meteor Lake Kanbeshbulak
Lake Kanbeshbulak is located in the Khaman tract in the west of Surkhandarya region. The lake is an exceptional natural monument.
According to scientists, this lake was formed as a result of a meteorite fall. In their opinion, it was a meteorite crater that filled with water and became known as Kanbeshbulak. The explosive red sandstones that make up the slopes of the lake indicate the origin of the bowl.

Panjob Gorge
The Panjob Gorge is located in the foothills of the Kugitang Tau ridge in the Surkhandarya region of Uzbekistan, 125 km northwest of Termez. This is a very beautiful gorge in which the small river Gazak, in the Karyshoto mountain range, cuts its way through limestone, gypsum and rock salt, creating a powerful picturesque canyon with vertical cliffs more than 200 meters high.
In some places the width of the gorges can be no more than two meters. In the narrow passages of the gorge, the most beautiful place is a 30-meter section on the right side of the canyon. In this place, water is knocked out of a rock covered with bright green moss, either as a curtain of water or in separate streams, forming a multiple rainbow under the sun's rays.

Surkhan State Reserve

The Surkhan State Nature Reserve is located in the Surkhandarya region of Uzbekistan, just 60 kilometers from the city of Termez. The reserve was created in 1986 by combining the Kugitang and Aral-Paigambar reserves. The purpose of its creation was the preservation and restoration of rare species of plants and animals.
The reserve consists of two separate parts, located in the Sherabad and Termez districts of the Surkhandarya region. The reserve occupies 24,554 hectares and is located in the southwestern spurs of the Hissar ridge at an altitude of up to 3,157 meters above sea level. The Surkhan Reserve currently has more than 130 species of birds, as well as more than 25 species of mammals, 27 species of reptiles, and 2 species of amphibians and fish.

Kampyrtepa Fortress
Kampyrtepa is an ancient archaeological site on the territory of Uzbekistan, which is an ancient port city located on the banks of the Amu Darya River (formerly known as the Oxus). It was founded at the end of the 4th century BC and existed until the beginning of the 1st century AD. The main purpose of this settlement was to serve the crossing of the Burdaguy River, as well as to serve as a hotel and customs office. Kampyrtepa served as a transit point for traders traveling along the Silk Road, where they could rest, reload their goods, pray and continue their journey.
After decades of excavations and studying written sources, it was decided that the site of Kampyrtepa is the mysterious Alexandria Oxiana, a port city that Alexander the Great built on the Amu Darya. 

Topalang Reservoir

Uzbekistan is famous for the presence of two significant rivers - the Amudarya and the Syr Darya, which flow through its territory and flow into neighboring countries. The Hissar mountain ranges serve as a source for the Topalang River, which originates on the southern slope. It should be noted that the most abundant right tributary of the Surkhandarya has a length of 117 kilometers. The main source of water replenishment in the Topalang River is seasonal snow and glacial water. It is thanks to this that the river supplies water to the Denaus, Shurchin and Kumkurgan districts of the Surkhandarya region.

Hospital “Khojaipok”

Khojaipok Hospital specializes in the treatment of various diseases, including gynecological problems, cardiovascular disorders, general therapy and neurological disorders. To achieve a positive result, various methods are used, such as hydrotherapy (including mineral baths and circular showers), heat therapy, mud therapy, physiotherapy, electrotherapy and ozone therapy.
Upon completion of the procedures, visitors can visit the natural beauty, swim in the resort's pool, play tennis or engage in other outdoor activities in the sports club.

Sanatorium “Omonkhona”

The Omonkhona Balneological Sanatorium, located in the mountains near the city of Baysun, and the Khojaipok Hospital, located at the foot of Mount Kenagi, are the most famous health complexes in the Surkhandarya region.
The thermal water in the Omonkhona sanatorium has healing properties and is part of the health programs of the sanatorium. Using magnetic therapy, laser therapy, acupuncture, water procedures, massages, liver cirrhosis, hepatitis and other diseases are treated.

Hissar Mountains

The Hissar Mountains are a mountain range that stretches 200 kilometers from east to west across the Hissar region of Tajikistan. It is the western part of the Pamir-Alai system. The highest point in Uzbekistan, Khazret-Sultan, is 4643 meters, located on the border of Uzbekistan and Tajikistan. The ridge is a place of unique geological outcrops in Eurasia. The structure consists of sandstones and crystalline rocks interspersed with granite intrusions. In addition, all ecosystems and climates of the Pamir-Alai are represented here. At the highest places there are glaciers and rocky wastelands. A famous natural attraction of the Hissar Ridge, located in the southern part of the mountains, is the cave of Amir Temur. This natural formation, stretching for 860 meters, is considered the largest underground lake in Uzbekistan. It is important to note that the cave was inhabited back in the Greco-Bactrian period (IV-III centuries BC).

Archaeological Museum of Termez

To celebrate the 2500th anniversary of the city of Termez in 2002, the Termez Archaeological Museum was built and opened. Today it is the only archaeological museum in Central Asia, and many of its unique exhibits date back more than 100 thousand years BC. These include 624 museum relics of global significance, displayed using the latest information and communication technologies.

Karatepa Complex

Located in the northwestern part of old Termez, Karatepa is a place of worship associated with Buddhism. On the three hills of this place there are various temples and monasteries that were built in the 2nd century AD. The architecture of Karatepa is remarkable for its unique combination of caves carved into sandstone and buildings made of pakhsa and adobe.

Zurmala Stupa

Northeast of the ruins of the ancient settlement of Termez is Zurmala, a 12-meter-tall Buddhist stupa. It was built during the Kushan period, around the 1st and 2nd centuries AD, while Buddhism was spreading in Central Asia. The modern city of Termez is located 10 kilometers west of the ancient settlement of Termez. On its outskirts one can see the remains of entire complexes of ancient Buddhist buildings, which in the Middle Ages covered agricultural fields. Over time, the Buddhist stupa turned into a clay mound, which was difficult to recognize as a ritual structure.

Mausoleum of Al-Hakim At-Tirmizi

Al-Hakim At-Tirmizi is a sacred place of worship for Muslims and an architectural monument. The mausoleum is one of the holy places of the Surkhandarya regional center. The architectural monument is located approximately 60 kilometers from the current center, northwest of old Termez. Abu Abdulloh ibn Hassan ibn Bashir Al-Hakim At-Tirmizi is an outstanding Islamic figure, author of various philosophical and religious works and founder of the order of Dervishes. About 80 works were written by the eminent At-Tirmizi who received the name Al-Hakim, which means the wise one, due to his deep knowledge and broad vision.

Mausoleum of Ak-Astana-baba

In the village of Telpek-Chinar, Sariasi district, Surkhandarya region, there is the Mausoleum of Ak-Astana-baba. Scientists believe that the mausoleum was built on the grave of the companion of the Prophet Muhammad (SAW), Saint Abu Hurair. The mausoleum has four rooms called “Chorsi Khona,” in which bricks are laid in batches, and the north-eastern part of the complex can be accessed through the roof. At the entrance to the mausoleum, there are two complex signs, about half a meter in diameter. It is still not possible to correctly interpret the semantics of these signs.

Kirk Kiz Fortress
One of the most interesting ancient places is the Kirk Kiz Fortress. Although the fortress is almost completely destroyed at present, even the ruins allow us to see the former size of the structure and marvel at the skill of the ancient architects. The symmetry of Kirk Kiz makes it unique; each archway and corridor have a counterpart located on the opposite side.
Two passages cross the building crosswise and divide it into four equal parts. There are versions that it was a country aristocratic palace, a women's madrasah, a khanaka, or a caravanserai.

Dzharkurgan Minaret
The minaret is located 5 kilometers from the city of Jarkurgan and 40 kilometers from Termez, near the village of Minor. Thanks to the deciphered inscription on the building, it was established that this architectural monument dates back to the 12th century. The inscription states that construction took place from 1108 to 1109 AD, but some scholars believe the date reads differently and construction was completed in 1110.
This building is unique with its decorative elements. At that time, mosaics were often used to decorate minarets; in the case of this minaret, we see vertical decorative corrugations that were made using a specially baked brick masonry, which was cut in a herringbone pattern from top to bottom.

Dalverzintepe Settlement
Dalverzintepe, the main city of the powerful Kushan Empire, has so far been the subject of careful study by many historians and archaeologists. With its secrets and many valuable objects found, the site attracts attention. The largest treasure in history was found here; about 36 kilograms of gold were discovered in this place in 1972.
Archaeological excavations have revealed a lot of new things about the architecture, culture and fortifications of Northern Bactria. Finds such as sculptures, paintings and figurines show the high level of culture of the people of the Kushan Era. According to many researchers, Dalverzintepe is considered the most ancient Buddhist building.

Ensemble Sultan-Saodat
On the outskirts of the city of Termez in the center of the Surkhandarya region of Uzbekistan there is the architectural ensemble of Sultan-Saodat. The memorial complex consists of tombs of the Termez Seyyids, who were considered direct descendants of the Prophet Muhammad. The complex contains various memorial and religious buildings built from the 11th to the 17th centuries. All buildings have a common architectural concept despite the fact that they were built at different times.

Hanaka Kukildor-ota

Khanaka Kukildor-ota in Termez is a holy monastery that has become one of the most revered among Muslims. Khanaka Kukildor-ota was built in the mid-1100s. It stands out among other monasteries due to its unique architecture, history and significance in the Muslim world.
The building contains numerous tombstones, as well as the burial place of the Muslim Saint Kukildor-ota. This prominent religious figure was known for his great righteousness. The monastery was built in memory of him.
After the restoration of the Khanaka, Kukildor-ota acquired a unique appearance, which is characteristic of all architectural monuments of the Timurid era.

Fayaztepa Complex

Fayaztepa is located at a distance of 4 kilometers from modern Termez, Surkhandarya region. The monastery complex consists of 13 rooms and an inner courtyard with an ivan where a refectory was attached to the monastery on the left side. In some places of the complex there are cooking fires, as well as skulls with inscriptions in Bactrian and other ancient languages. Coins of Heliocles (the Greco-Bactrian king) and Kanishki (the ruler of the Kushan Empire) were also found there. According to archaeological excavations, monks used to live in the monastery, and they also provided housing for pilgrims.
In the IV century, Fayaztepa was captured by the Sassanid army (the dynasty of Persian rulers), due to which the complex stopped functioning. Previously, the complex was called Khaya-Vihara, which translates as "the monastery of horsemen". The current name of the complex was given in honor of the director of the Surkhandarya Museum of Local Lore R.F. Fayazov, who participated in the excavations of the Buddha complex.

Neighborhoods of Derbent

The Derbent mountain village is located on an important trade route along the Sherabad River, connecting the southern regions of modern Uzbekistan, Northern Afghanistan and Tajikistan with the central cities of Samarkand, Bukhara and Tashkent, which were known at the time as Shash. The land around Derbent looks heavily damaged — high rocks either form a majestic gate, or almost merge overhead, reminding us of the bloodshed here while defending the borders of different empires.
Also, travelers can expect places that surprise with their power, strength and pristine beauty. Here you will find gorges including the famous Iron Gate, which was besieged by Alexander the Great.

The Church of Alexander Nevsky
In 1901, a temple was erected in the city of Termez in honor of the Holy Prince Alexander Nevsky. Currently, the temple is in excellent condition. The sanctuary is impressive in its scale: the bell tower and iconostasis occupy a significant space. Inside the temple there is a room measuring 24 by 16 meters. In addition, the temple is rich in icons and church objects.

Kurganzol Fortress
The Kurganzol Fortress is an impregnable structure built in 328 BC by Alexander the Great, located on a cliff near Baysun at an altitude of 900 meters. Archaeological excavations of Kurganzol began in 2003 and revealed that it belongs to the Hellenistic era. The fortress dates back to the 4th century BC and is believed to have housed about fifty soldiers, with six towers protecting the entrance. Construction took a long time to complete, as nomadic tribes frequently attacked and destroyed parts of the building during those years.
Inside the fortress, parts of residential and utility rooms, a water pool with a drain to prevent overflow, and defensive structures were discovered. Built of mud bricks, the fortress has an outstanding appearance, with walls averaging more than 2.5 meters thick.

Uzundara Fortress
Uzundara, the oldest fortress dating back to the 3rd–4th centuries BC, is located in the foothills of Baysun. The fortress featured powerful defensive structures, including double walls reinforced with 13 towers, and outer walls stretching nearly 1 kilometer in length. The fortress walls, lined with clay bricks, have almost retained their original appearance and rise up to 5 meters high.
Among the main finds discovered during the expedition are unique coins from the Hellenistic period depicting Alexander the Great, Antiochus I (king of the Seleucid state), and all rulers of the Greco-Bactrian kingdom from Diodotus to Heliocles. The fortress existed for about 150 years before being destroyed by the nomadic tribes of the Saks and Yuejs during the reign of one of the last Greco-Bactrian kings between 171 and 166 BC

The first meeting of the Termez Dialogue on Connectivity between Central and South Asia to take place in Termez from May 19 to 21
The first meeting of the Termez Dialogue on Connectivity between Central and South Asia to take place in Termez from May 19 to 21

The first meeting of the Termez Dialogue on Connectivity between Central and South Asia, dedicated to the theme "Building a Common Space for Peace, Friendship, and Prosperity," will be held in Termez on May 19-21, 2025. This meeting is expected to be attended by representatives of the foreign policy agencies of Central and South Asian countries, which are becoming the focus of world politics, as well as representatives of specialized UN organizations, international and regional organizations such as the CIS, the SCO, the CICA, and leading specialists and experts in relevant fields.

Central and South Asia have long been connected by reliable trade routes and have served as a bridge between the countries of the Middle East, Europe, and China. The peoples of this region share historical and civilizational commonalities, having repeatedly existed within common state associations in the past, as well as within a single political, economic, and humanitarian space. Over many centuries, relations between the two regions have been strengthened by numerous migration flows, intensive trade exchanges, rapid dissemination of scientific ideas, and cultural cross-pollination.

As a result of the spread of Zoroastrianism, Hinduism, Buddhism, and Islam in these regions, unique ethnocultural associations formed, which left a deep mark on human history.

The incorporation of the peoples of this region into such states as the Bactrian and Kushan kingdoms, the Turkic Khaganate, Khorasan and Transoxiana, the Ghaznavid, Timurid, and Mughal empires had a great influence on their historical, cultural, and political development. Common customs, traditions, lifestyles, and holidays were formed; spiritual values were created in Persian, Turkish, and Arabic. Medieval cities such as Bukhara, Samarkand, Termez, Balkh, Herat, Ghazni, Agra, and Delhi were shared centers of science.

The mutual competition of colonial powers negatively affected the traditional ties, trade, and cultural exchange of the peoples of Central and South Asia. Trade and economic relations in South Asia changed, and local supply systems, main industries, and economies became dependent on supplies from outside the region. This development weakened the traditional cultural ties between South Asia and Central Asia.

Today, jointly addressing existing problems that threaten peace and stability in the region is one of the important factors in the social, cultural, and economic development of these countries. Therefore, the renewal of their close historical ties is becoming increasingly relevant. Taking the above into account, the Termez Dialogue on the Connectivity between Central and South Asia is being organized.

The location chosen for the dialogue is connected to the geostrategic position of this city, situated at the crossroads of Central and South Asia, or at the intersection of interregional connectivity routes. Termez has long been a center of trade, economy, and crafts, serving as a link between the vast regions of Central and South Asia. Therefore, from a geopolitical perspective, the city can be considered a "natural bridge" connecting Central and South Asia, the most suitable place for bringing the peoples of the region closer together through its historical location and cultural heritage.

Currently, the countries of Central and South Asia represent a territory of global significance, with a population of more than 2 billion people and great educational potential. The region is experiencing high demographic growth, with the majority of the population consisting of young people, and there are enormous opportunities for realizing intellectual potential. While the population of South Asian countries is about 2 billion people, the number of people living in Central Asia is about 82 million, and the population of Central Asian states is growing year by year. The countries exhibit a "disparity in literacy levels." For example, among the leading countries of Central Asia, the average adult literacy rate is 99 percent, while in South Asia it is 74 percent.

One of the pressing problems is the uneven quality of education, insufficient coverage of preschool and higher education, especially among girls and residents of remote areas. In South Asia, youth unemployment remains high, and in some countries, this figure exceeds 40 percent. At the same time, the employment rate of women is one of the lowest in the world. In addition, the infrastructure of educational systems is not sufficiently developed, and the shortage of specialists and teacher qualifications also creates a number of problems.

In this context, cooperation in the field of science and education is becoming increasingly relevant. Scientific cooperation in the context of digitalization and geopolitical instability will allow for maintaining dialogue between academic circles. At the same time, limited academic mobility and weak coordination between scientific communities significantly hinder the development of states' potential in science, innovation, and technology.

In this regard, it is necessary to encourage joint research and innovation work, the organization of scientific and educational internships, experience exchange programs, the development of startups, and the holding of competitions.

The adoption of a joint program of academic and research exchanges under the auspices of UNESCO is becoming relevant. It is also necessary to launch an online platform between universities and research structures of the countries of Central and South Asia.

This will contribute to the creation of a sustainable regional network of scientific diplomacy, the formation of a common agenda in the field of education and technology, and the emergence of a unified scientific space.

The above-mentioned steps will serve as a powerful tool for the development of scientific diplomacy, which will facilitate interaction between the countries of the two regions.

From this point of view, the integration of intellectual resources in Central and South Asia, strengthening cooperation in the field of education, and developing cooperation platforms to improve the quality of education are important for the future of the region. The transformation of demographic potential into human capital is the main condition for sustainable development, economic growth, and a worthy place in global competition for both regions. In this regard, the development of education as one of the priority areas of regional cooperation, the development of partnerships for the exchange of experience and training of personnel in various countries is most relevant.

The countries of the region, in particular India and other South Asian countries, have in recent decades been occupying an increasingly prominent place in the world community in the field of science, technology, and innovation. Information technology, aeronautics, pharmaceutical production, and artificial intelligence are rapidly developing in India. For example, in 2014, the Indian Space Research Organisation (ISRO) made history as the first Asian country to launch an artificial satellite into Mars orbit. In 2023, as part of the "Chandrayaan-3" project, a successful landing on the Moon's surface was achieved. These results demonstrate the country's independent and innovative capabilities in the scientific field.

In the field of information technology, India has become one of the world's largest IT outsourcing centers. Cities such as Bangalore, Hyderabad, Pune, and Chennai have become major hubs for Google, Microsoft, Amazon, IBM, Oracle, and many other multinational corporations. Every year, millions of specialists in technical and technological fields are trained in the country. Among India's higher education institutions are prestigious scientific centers like the Indian Institutes of Technology (IITs) and Indian Institutes of Science (IISc), which also rank highly in global ratings. It's worth noting that scientific research in artificial intelligence, bioengineering, quantum computing, and cybersecurity is widespread in the country.

Pakistan is also making progress in science, especially in nuclear energy and military technologies. Centers such as COMSATS University and the Pakistan Institute of Engineering and Applied Sciences (PIEAS) play a crucial role in the country's scientific development. In particular, government programs are being implemented to strengthen international cooperation in IT and cybersecurity.

In Bangladesh, alongside the textile and light industry, information technology is developing rapidly. Based on the "Digital Bangladesh" strategy, the country has widely implemented e-government, digital, and distance learning services. In 2021, over 120 IT parks were established in Bangladesh, demonstrating the country's commitment to digitalizing its economy.

Afghanistan's scientific and technological potential remains limited, and issues related to political stability are hindering its development. Nevertheless, some universities and educational institutions in the country, particularly Kabul University, participate in scientific projects with the support of various international educational organizations.

In this context, developing a joint strategy for digital connectivity between Central and South Asia is crucial. Adopting such a document will create significant opportunities for stimulating trade and investment, improving access to education and healthcare, strengthening regional cooperation, and increasing competitiveness on the global stage.

Coordinating efforts of Central and South Asian countries to widely implement the digital economy will contribute to improving digitalization processes in all spheres of life. Moreover, this will advance the implementation of the SDG initiative to ensure safe Internet access for the population and will open up great opportunities for education and medical services.

Overall, deepening digital connectivity between Central and South Asia will bring significant economic and social benefits to both regions, create a solid foundation for expanding trade, economic, energy, and transport links, and enhance the competitiveness of the region's states on the global arena.

In general, the Termez Dialogue is an important initiative that contributes to elevating the interaction between Central and South Asian states to a new level in the process of today's geopolitical and civilizational transformations. This dialogue, particularly in the fields of education, science, and new technologies, will stimulate, consolidate, and expand the intellectual potential of the two regions. This is because in both regions, the majority of the population consists of young people who show high interest in education, are capable of scientific research, and quickly adapt to digital technologies.

Today, countries such as India, Pakistan, and Bangladesh have achieved world-class successes in information technology, biotechnology, nuclear physics, medicine, and artificial intelligence, while Uzbekistan, Kazakhstan, and other Central Asian countries are also taking active measures to update scientific infrastructure, expand international cooperation, and implement modern educational projects. The Termez Dialogue is a unique opportunity to combine this experience and achievements, establish student and scholar exchanges, create joint research centers, and develop startups and innovative platforms in IT and STEM.

This dialogue has great historical significance in ensuring regional stability, creating a foundation for peace, progress, and intellectual development through science and education. The states of Central and South Asia have the potential to become the leading intellectual center in the entire Eurasian space based on the principle of mutual trust and shared future, integration in the spheres of education and science.

Uzbekistan – the land that glorifies peace, tranquility, and stability
Uzbekistan – the land that glorifies peace, tranquility, and stability

At present, Uzbekistan is entering an entirely new stage of development, which is vividly demonstrated by the comprehensive reforms being carried out in all spheres. Profound transformations in domestic and foreign policy, socio-economic life, cultural and spiritual-educational fields are reflected in the lifestyle of our people.

At the initiative of the President of the Republic of Uzbekistan Shavkat Mirziyoyev, and based on the unity of the people, the “Uzbekistan – 2030” Strategy was adopted, serving as a solid legal and practical foundation for national renewal. The reforms implemented under this program create conditions for improving the well-being of citizens and ensuring the sustainable development of the state and society.

In recent years, special attention has been paid in our country to strengthening the atmosphere of mutual respect, solidarity and cooperation among various religious confessions, supporting intercultural dialogue, and ensuring peace and harmony, which has been widely recognized by the international community.

It is noteworthy that on 19 September 2017, at the 72nd session of the UN General Assembly in New York, the President of Uzbekistan Shavkat Mirziyoyev put forward an initiative which found its practical embodiment in the adoption, at the following session of the UN General Assembly in 2018, of a special resolution entitled “Enlightenment and Religious Tolerance”. The draft prepared by Uzbekistan was unanimously approved by all UN member states.

This resolution gained particular significance as it placed education and enlightenment at the forefront as an effective means of countering global threats – extremism and terrorism – especially at a time of growing intolerance and uncompromising attitudes towards representatives of different religions and beliefs.

As a logical continuation of this work, in 2022 the international forum “Dialogue of Declarations” was held with the aim of implementing the principles and provisions of the resolution “Enlightenment and Religious Tolerance”, as well as achieving the goals of the National Human Rights Strategy of the Republic of Uzbekistan, approved in 2020.

The main outcome of this meeting was the adoption of the “Bukhara Declaration,” which supplemented earlier declarations adopted in Marrakesh, Mecca, Jakarta, Potomac and Punta del Este. This document became an important contribution of Uzbekistan to strengthening the ideas of religious tolerance and interethnic harmony at the international level.

 

It is important that this dialogue has become a regular tradition: on 10–13 September of this year, the second international forum “Dialogue of Declarations” is scheduled to take place in Tashkent and Samarkand.

This forum represents an integral part of the international community’s efforts to ensure freedom of religion and to strengthen interfaith dialogue, as well as a demonstration of Uzbekistan’s readiness to actively promote at the global level its firm adherence to international obligations in the field of human rights and freedoms.

It should be emphasized that while in many parts of the world fundamental rights – to life, education, work, self-realization, and freedom of religion – are being violated, in Uzbekistan representatives of more than 130 nationalities and 16 confessions live peacefully on the basis of tolerance. The ability of people of different faiths to freely and safely perform their religious rites is a key factor of social stability.

Currently, there are 2,373 registered religious organizations in Uzbekistan, of which 2,174 are Islamic and 199 are non-Islamic. Over the past eight years, 130 religious organizations have been registered, including 3 higher and 1 secondary special Islamic educational institutions, 105 mosques and 25 non-Islamic organizations of various confessions.

The legal foundation for these transformations is the Concept of State Policy on Ensuring Freedom of Conscience of Citizens and in the Religious Sphere, adopted by the Law of the Republic of Uzbekistan No. 1037 of 25 February 2025.

The Concept affirms the right to freedom of conscience and the constitutional principle of the secular nature of the state, and defines the goals, objectives, principles and priority directions of state policy in the religious sphere. It was developed on the basis of the rich national-historical experience of statehood and universal values, and is aimed at ensuring a stable environment for the progressive development of Uzbekistan’s multiethnic and multi-confessional society on the basis of democracy, secularism, freedom, equality, social justice and solidarity.

Within a short period, major scientific and educational institutions were established, such as the Center of Islamic Civilization in Uzbekistan, international research centers named after Imam Bukhari, Imam Maturidi, Imam Termizi, Bahauddin Naqshband, the International Islamic Academy of Uzbekistan, the School of Hadith Studies in Samarkand, and the Mir Arab Higher Madrasa in Bukhara.

These institutions contribute significantly to ensuring a healthy spiritual environment in society, educating the younger generation as modern-minded individuals worthy of their great ancestors, in line with the noble universal idea “Enlightenment against Ignorance”.

 

If in 2017 the country had only 3 higher (1 Islamic and 2 non-Islamic) and 9 secondary special religious educational institutions, today their number has reached 16, of which 6 are higher institutions.

To further develop this sphere and elevate it to a new stage, a Presidential Decree “On measures to further strengthen guarantees of the right of citizens to freedom of conscience and to bring reforms in the spiritual-educational sphere to a new level” was signed. This document was positively received not only by representatives of the religious-educational sphere, but also by the wider public.

It is also worth noting that in recent years anniversaries and events of non-Islamic confessions have been held at a high level, alongside Islamic ones. These include the 145th (2017) and 150th (2021) anniversaries of the Russian Orthodox Church Diocese of Tashkent and Uzbekistan, the 120th anniversary of the Armenian Apostolic Church (2023), the 25th (2018) and 30th (2023) anniversaries of the Bible Society of Uzbekistan, the 200th anniversary of the birth of Baha’u’llah (2017), the 200th anniversary of the birth of the Bab (2019), and the 100th anniversary of the passing of ‘Abdu’l-Baha (2022). These events are vivid examples of peace and tolerance in our country.

At the same time, special attention has been paid to enabling believers of various religions to make pilgrimages abroad. In particular, nearly 500,000 citizens have performed Hajj and Umrah, and more than 10,000 people have visited holy sites in Israel, Russia, Georgia, Turkey and other countries.

In conclusion, it should be noted that for thousands of years Uzbekistan has been an integral part of the Great Silk Road, making a worthy contribution to the development of world civilization. Trade, science and cultural centers here have always flourished, while tolerance, hospitality and respect for representatives of different cultures have been key factors of progress.

Today, the traditions and customs of different peoples in Uzbekistan continue to develop in harmony. The consistent policy in the spiritual-educational sphere pursued under the leadership of the President of the Republic of Uzbekistan Shavkat Mirziyoyev serves as an important foundation not only for ensuring peace, stability and harmony in our country, but also for their promotion globally.

The broad participation of representatives from different countries in the upcoming second international forum “Dialogue of Declarations” is clear evidence of the high international recognition of Uzbekistan’s state policy in ensuring freedom of religion and interfaith harmony.

 

Davronbek Maksudov,

First Deputy Chairman

of the Committee on Religious Affairs

of the Republic of Uzbekistan

Uzbekistan and Belgium: Toward a New Stage of Strategic Partnership with the European Union
Uzbekistan and Belgium: Toward a New Stage of Strategic Partnership with the European Union

In October, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, will pay a 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.

Оbid Khakimov,  

Director of the Center for
Economic Research and Reforms

The President signed into law a law affecting the lives of more than 10 million people
The President signed into law a law affecting the lives of more than 10 million people

President Shavkat Mirziyoyev signed the law "On Recognition of Rights to Unauthorized Land Plots and Buildings and Structures Constructed on Them".

Many citizens of our country have been waiting for the resolution of this issue, which concerns the lives of millions of families. According to preliminary data, there are currently more than 3 million 600 thousand land plots, the legal documents for which are not formalized or incomplete.

In this regard, the head of state at a video conference call on land registration and cadastre held on November 21, 2023, noted the need for a legal solution to this issue. Accordingly, a draft law was developed with the participation of specialists in the sphere and deputies. The positive experience of Italy, Bulgaria, Croatia, the Czech Republic and other countries was taken into account. The draft was finalized and considered in the chambers of the Oliy Majlis.

The law consists of 6 chapters and 35 articles, which recognize rights to the following land plots and property:

1) land plots unauthorizedly seized by citizens before May 1, 2018 through the construction of individual housing, and buildings and structures built on them;

2) land plots occupied by citizens and organizations before May 1, 2018 in excess of the area specified in the document, as well as buildings and structures built on them;

3) land plots, the recognition of rights to which within the framework of the "one-time action" has not been completed, as well as buildings and structures constructed on them;

4) land plots allocated by decision of the regional (city) khokim until June 8, 2021, but not approved by the regional khokim or the Kengash of People's Deputies;

5) residential premises on the territory of horticultural and vine-growing associations and the land plot occupied by them;

6) land plots of entrepreneurs located in small industrial zones before March 9, 2020;

7) land plots occupied by buildings and houses privatized by state warrant;

8) land plots occupied by buildings and houses for which the ownership right has been recognized by the decision of the hokim.

The law also clearly defines the main conditions for recognizing rights. For example, the land plot should not be allocated to other persons or put up for auction; there should be no dispute over the land plot; there should be no contradiction with the general plan.

Recognition of rights is carried out step by step by region. Approval of information and documents concerning unauthorized land plots and buildings and structures built on them is carried out through the automated information system of the Cadastre Agency. The relevant information is also entered into this system by 15 authorized organizations.

Completeness and legality of the collected documents are checked by the regional justice department. The results will be announced on the website of the Cadastre Agency and in makhalla corners. Citizens who have received a positive conclusion will be sent an SMS-message, on the basis of which a one-time payment will be made. After that, the rights will be recognized quarterly by the decision of the regional Kengash of People's Deputies.

The bodies of prosecutor's office, internal affairs, agro-inspection, ecology, cadastre establish state control over the implementation of the law. The law also pays special attention to public control. Thus, public groups will be created in each mahalla by decision of district councils of people's deputies. These groups will include a deputy of the district council elected from the district where the mahalla is located, the chairman of the mahalla and active citizens.

A one-time payment is charged for the recognition of rights to land plots under residential houses, privatized or buildings and structures recognized on the right of ownership. The amount of the payment is 5 basic calculation units in the city of Tashkent, 3 BRV in the city of Nukus and regional centers, 2 BRV in cities and 1 BRV in other settlements. Persons included in the Unified Register of Social Protection and persons with disabilities are given a discount.

The one-time payment is directed to cover the costs of the cadastre and justice bodies and the Uzbekcosmos Agency. The remaining funds will be directed to the activities of the initiative budget, i.e. to the mahallas.

The law will come into force in 3 months, before that explanatory and preparatory work will be carried out on the ground. The law will be in force until January 1, 2028.

It should be noted that in the Republic of Karakalpakstan work in this direction has already begun. The Decree of the President of Uzbekistan of July 28, 2023 allowed to recognize the rights to undocumented residential houses and land plots located in the region by the decision of Jokargy Kenes of the Republic of Karakalpakstan.

After that, working groups were established in all districts and cities to examine 43,432 houses built in the Republic of Karakalpakstan without title documents. The location, condition and time of construction of the houses were verified on the basis of an analysis of land records and space images.

Following a comprehensive discussion, ownership of 27,590 residential houses and the right to lease the land on which they are located were recognized.

The results of this noble policy have had a positive impact on the lives of more than 100,000 citizens living in 27,590 houses. They now have the right to legally register their housing, sell it to another person, and put family members on permanent registration. Also, owners will now be able to receive preferential loans for repairs or additional construction, and in case of seizure of housing for public needs to demand compensation in accordance with the law.

The law "On Recognition of Rights to Unauthorized Land Plots and Buildings and Structures Constructed on Them" will expand the scope of this noble work throughout the country. If we assume that each of more than 3 million 600 thousand land plots concerns on average 3-4 citizens or entrepreneurs, this law will solve the problems of more than 10 million people and create a legal basis for their future life.

New Year greetings to the people of Uzbekistan
New Year greetings to the people of Uzbekistan

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

The President participates in a festive celebration in a mahalla
The President participates in a festive celebration in a mahalla

Navruz is greeted with special enthusiasm throughout the country. On March 20, President Shavkat Mirziyoyev visited Rohat mahalla in Bektemir district, where he took part in festive events.

The mahalla, specializing in services and trade, is home to 4,000 people. Under the new employment system, the mahalla's internal reserves are actively used with the participation of banks. Last year, about 100 residents got jobs, 256 people became self-employed, and 13 people started entrepreneurial activities. Two manufacturing enterprises and dozens of trade and consumer service outlets create convenience for residents.

The Head of State reviewed the activities of these enterprises.

The mahalla has landscaped streets, well-maintained houses, educational and medical institutions, sports grounds, training centers, an amphitheater, crafts and library and information centers. The center for the elderly is especially lively now.

The President took part in the Sumalak celebration and had a warm talk with residents of the mahalla and representatives of the older generation. During the conversation, plans for the current year were discussed, including ensuring peace and stability, supporting entrepreneurship and creating new jobs.

 I am glad to see your mahalla so well-maintained and people in a good mood. Over time, we will expand opportunities in all districts. The most important thing is to maintain peace and unity. Remember what the situation was on our borders before? We solve all issues in a balanced manner, with political will. Thanks to the organization of work on the ground, we see the real picture in 10 thousand mahallas. Through the "mahalla seven" system, assistance reaches every home. We still have a lot of work to do in terms of increasing the population's income, reducing poverty and youth policy. This is why we are paying more attention to education, especially to the education of girls. A society where young people are educated and spiritually developed will definitely achieve prosperity, - emphasized Shavkat Mirziyoyev.

In the Rohat mahalla, young residents receive a quality education in a comprehensive school, a children's music and art school, the “Barkamol Avlod” center and an academic lyceum. The construction of a new preschool institution was recently completed, which will open up new opportunities for the early development of children.

Ministry of Investment, Industry and Trade of Uzbekistan Reports on Outcomes of Public Borrowings (2017–2025)
Ministry of Investment, Industry and Trade of Uzbekistan Reports on Outcomes of Public Borrowings (2017–2025)

Uzbekistan’s total external debt amounted to $75.4 billion as of October 1, 2025.

According to the Ministry of Investment, Industry and Trade of Uzbekistan (MIIT), $37.4 billion of this amount accounts for the government’s external debt.

It is important to note that the issue of investment and external financing always attracts interest and raises questions. This is natural, as society wants to understand where resources come from and what results the country achieves.

The key principle here is simple: the purpose of attracting investment and resources is to improve living standards. This is not about “impressive reports” or “eye-catching figures,” but about tangible improvements felt in everyday life-jobs and household incomes, infrastructure, access to clean water, energy and transport, and quality social services.

The economic logic is also clear: for the economy to grow faster, resources are needed- capital, technology, equipment, and new markets. If a country stops attracting resources, growth slows down: fewer jobs are created, it becomes harder to modernize logistical and social infrastructure, expand water supply, and ensure affordable energy.

Therefore, Uzbekistan is consistently working to attract investments - to accelerate economic development, boost GDP, and ultimately improve both the quality and longevity of life. Notably, since 2020, life expectancy has shown steady growth - from 73.4 years to 75.1 years in 2024.

At the same time, what matters to people are not slogans, but measurable results - changes that can be seen and assessed.

By structure, Uzbekistan’s total external debt as of October 1, 2025, amounted to $75.4 billion. Of this, $37.4 billion is government external debt, while the remaining $38 billion consists of borrowings by private and state-owned enterprises without a government guarantee (corporate debt).

Notably, according to international classifications, Uzbekistan’s government debt level is regarded as moderate and manageable. The government’s external debt of $37.6 billion amounts to roughly 26% of GDP (with official GDP around $145 billion), well below the threshold levels that are generally seen as potentially risky for macroeconomic stability worldwide.

What has been achieved through government borrowings in 2017-2025:

  • Reconstructed 1,564 km of highways
  • Electrified 470 km of railway lines
  • Built 6,793 km of drinking water networks and 664 km of sewage networks
  • Constructed 59 km of heat pipelines, 1,286 individual heating units, 166 water distribution facilities, and 31 sewage pumping stations
  • Created 2,737 MW of additional electricity capacity and laid 1,106 km of high-voltage power lines
  • Commissioned additional generation of 2,084 MW, producing 16,423 million kWh of electricity and 551.8 thousand Gcal of thermal energy

Modernization of Transport and Urban Services:

  • Purchased 4 Boeing 787-8 aircraft
  • Acquired 2 high-speed Talgo-250 passenger trains
  • Added 30 electric locomotives
  • For the subway system: 70 cars and 29 train sets
  • 1,900 buses
  • 1,000 ambulances
  • 541 units of equipment for household waste collection
  • 13 heat boilers

Education and Social Sector:

  • Established 119 educational and research laboratories in 60 universities
  • Equipped 6,213 state preschool institutions with furniture, learning materials, and office equipment

Agriculture and Water Management:

  • Restored 1,593.1 km of canals
  • Modernized 3,396 hydraulic structures
  • Drilled 423 vertical wells
  • Established modern greenhouses on 2.2 thousand hectares and intensive orchards on 12.6 thousand hectares
  • Built cold storage facilities with a capacity of 334.9 thousand tons
  • Launched processing enterprises with a capacity of 258.2 thousand tons of products
  • Created farms for 12.3 million poultry, 5,752 sheep, and 26.3 thousand cattle

These figures reflect already utilized borrowings. A significant portion of infrastructure and social sector modernization projects is still underway and will continue to deliver benefits as the work is completed.

Overall, as a result of the comprehensive measures implemented during 2017-2025, over 2 million jobs were created, exports increased by 270%, and GDP per capita grew by 418%.

What is fundamentally important is that resources can only be mobilized under strict rules, transparency, and oversight. In his Address to the Oliy Majlis and the people of Uzbekistan, the President highlighted that parliamentarians will oversee the entire project cycle - from selection and competitions to implementation and results. Project statuses, stages, and milestones will be published in real time, ensuring full transparency of competitions, tenders, and the fulfilment of obligations.

Uzbekistan’s approach to investment is clear and straightforward: the country needs resources for growth, while simultaneously ensuring full oversight, transparency, and measurable results for the population. This is exactly how the work is organized - openly, in stages, with clear accountability.

 

Dunyo IA

The Accreditation of Media representatives has begun to cover the 43rd Session of the UNESCO General Conference in Samarkand
The Accreditation of Media representatives has begun to cover the 43rd Session of the UNESCO General Conference in Samarkand

The Ministry of Foreign Affairs of the Republic of Uzbekistan announces the commencement of accreditation for representatives of mass media to cover the 43rd Session of the UNESCO General Conference in Samarkand.

Journalists wishing to participate in the coverage of the conference are required to complete registration on the United Nations “INDICO” platform and obtain accreditation.

The online registration form is available at the following link: https://indico.un.org/event/1017853/registrations/21114/.

Applications from representatives of media will be accepted until October 10, 2025.

Applications submitted after the deadline, or without the required documents and a completed application form, will not be considered.

Please note that submission of an application does not constitute a basis for entry into the Republic of Uzbekistan or for engaging in journalistic activities of foreign media representatives without official confirmation of accreditation issued by the Ministry of Foreign Affairs of the Republic of Uzbekistan.

For additional inquiries, please contact the Press Service of the Ministry of Foreign Affairs at press@mfa.uz.

Proposals on further development and increase of competitiveness of the jewelry industry were considered
Proposals on further development and increase of competitiveness of the jewelry industry were considered

President Shavkat Mirziyoyev was given a presentation on measures to further develop the jewelry industry, support jewelry production and sales, and increase exports of finished products.

Our country has a huge potential for increasing production and export of jewelry.

As the head of state noted, only 6 percent of gold mined in the country is processed, and exports of its products amount to only 78 million dollars, so it is important to create jewelry zones with special conditions for entrepreneurs, to review the provision of raw materials, training of specialists, production chain and sales system.

In this regard, the Ministry of Economy and Finance and the Chamber of Commerce and Industry have developed relevant proposals.

In particular, it is planned to improve the activity of the Uzbekzargarsanoati association, expand its powers and reorganize the management system.

In order to support manufacturers of the industry, it is proposed to apply the benefits provided for members of the Association "Uzbekzargarsanoati" to individual entrepreneurs - manufacturers of jewelry, who are members of the Association "Uzbekzargarsanoati".

The possibility of establishing a zero rate of customs duty and value added tax on equipment, packaging and marking materials that are not produced in Uzbekistan and used in the jewelry industry for the period up to October 1, 2026 is being studied.

The issues of creation of special jewelry centers including production, exhibition and trade areas were considered. Information was provided on the placement of pilot projects in Tashkent and Namangan region.

The issue of increasing the volume of jewelry exports was discussed. It was proposed to establish a zero rate of customs duty for export of jewelry made in our country to the United States of America under the GSP system.

The head of state instructed to finalize the presented measures and work out a program for the development of domestic jewelry production for the period up to 2027.

Uzbekistan – Turkey: The Practical Phase of Cooperation in the Forestry Sector
Uzbekistan – Turkey: The Practical Phase of Cooperation in the Forestry Sector

Today, one of the priority areas of state policy in Uzbekistan is focused on expanding forested areas, increasing green coverage, mitigating the negative impacts of climate change, and ensuring environmental sustainability. In order to achieve effective results in these areas, studying advanced foreign experience and adapting it to the country’s climatic conditions is of particular importance. In this context, the participation of a delegation of representatives of the Forestry Agency under the National Committee on Ecology and Climate Change of Uzbekistan in a training and practical seminar organized during their visit to the Republic of Turkey in October 2025 was of significant importance.

The seminar, organized in cooperation between the Forestry Agency and the Ministry of Agriculture and Forestry of the Republic of Turkey, enabled participants to familiarize themselves with Turkey’s experience in forest establishment, restoration, ecological classification, and sustainable forest management. In particular, on the first day of the seminar, Turkish specialist Ahmed Yalvach delivered a detailed presentation on modern approaches applied in the development of forestry.

Within the framework of the practical visit, Turkey’s advanced experience in establishing and managing nurseries, creating forests using the “terrace” method in mountainous areas, developing “green belts” around cities, and establishing green public parks in urban and district areas was studied.

In addition, members of the delegation closely examined the activities of nurseries operated by the Seydikemer and Gökova Forestry Departments located in Muğla Province. Notably, the Seydikemer nursery, established in 1983, covers an area of 144 hectares and has an annual production capacity of 1.5 million seedlings. The Gökova nursery, occupying more than 61 hectares, stands out with its capacity to produce up to 7 million seedlings per year.

It was emphasized that special attention to seed collection, storage, and laboratory analysis in these nurseries allows the production rate of high-quality seedlings and saplings to reach 90–95 percent. Participants studied the practical experience of Turkish specialists in establishing mother plantations, caring for seedlings and saplings, and grafting techniques.

The delegation members were also introduced to the use of greenhouses, in vitro laboratories, modern equipment, and mechanisms for managing seasonal work processes. The experience-sharing activities were conducted in an atmosphere of open dialogue and professional cooperation.

In conclusion, cooperation between Uzbekistan and Turkey in the forestry sector has acquired a practical dimension, contributing to the adoption of advanced practices, enhancement of specialists’ capacity, and the formation of a sustainable ecological environment in Uzbekistan. The knowledge and skills gained within the framework of this cooperation will play an important role in further improving the national forestry system.