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Uzbekistan and Azerbaijan: Turning Political Alignment into Economic Growth
📅 24.08.2026
Over the past few years, Uzbekistan and Azerbaijan have moved from strategic partnership to a fully fledged alliance. Two distinct dimensions now stand out in the way they engage with one another. On the one hand, the institutional foundation of their cooperation is firmly in place; on the other, its economic momentum is only beginning to build. In our view, the balance between the development of political and diplomatic machinery and the practical substance of economic cooperation is what will define the next chapter in Uzbek–Azerbaijani relations.
The institutional architecture
The framework of bilateral ties built by Tashkent and Baku rests largely on top-down coordination: the agenda is set at the level of the heads of state, while intergovernmental, ministerial and business mechanisms deliver it. It is President Shavkat Mirziyoyev of Uzbekistan and President Ilham Aliyev of Azerbaijan who set the principal vectors of cooperation and its tempo, and who appreciably shorten the time needed to sign off on individual decisions.
This has gradually produced an extensive system of engagement mechanisms. The Supreme Interstate Council was established in 2023 and held its first session in 2024; the same year saw the signing of the Treaty on Allied Relations. In July 2026, Tashkent hosted the fifteenth meeting of the Intergovernmental Commission. The Uzbek–Azerbaijani Business Council has been operating since 2020, three Forums of Regions have been convened, and eleven cities have entered into sister-city arrangements. In the past three years alone there have been more than twenty high-level inter-parliamentary contacts, and in 2025 Khiva hosted the first inter-parliamentary forum.
Contact of this density is normally found between neighboring countries, or between states whose mutual trade runs at far higher levels. For Uzbekistan and Azerbaijan – separated by the Caspian and still trading comparatively little – the degree of institutionalization achieved looks all the more striking.
The practical effect is to lower political and administrative barriers, shorten approval timelines and make it easier for companies to enter the partner’s market. Yet an institutional framework does not in itself generate trade flows or investment demand. It creates favorable conditions for business activity, but it is no substitute for the economic incentives on which the further momentum of cooperation depends.
The next stage, therefore, is likely to be defined less by adding to the number of existing formats than by their capacity to convert the political relationship already achieved into concrete economic results.
The economic dimension: a question of scale
Political dialogue between the two countries is still running well ahead of the underlying economic indicators, as the statistics make plain. Bilateral trade came to $307 million in 2025, an increase of roughly 15 percent. Uzbek exports grew by 8 percent to $227 million, while imports from Azerbaijan rose by 39 percent to $80 million. The Uzbek export basket widened by 116 product lines.
These figures take on a rather different meaning, however, when set against Uzbekistan’s total foreign trade turnover, which exceeded $81 billion in 2025[1]. Azerbaijan accounted for less than 0.4 percent of it. That number should not be read as a verdict on the quality of the bilateral relationship. What it shows, rather, is how hard it is to translate political alignment into economic ties of real scale – a difficulty rooted in several objective structural constraints.
These include the absence of a shared border and the resulting need for multimodal shipping across the Caspian; a partial overlap in export baskets (textiles, fruit and vegetables, selected chemical products); and similar approaches to diversifying economic ties, which leave the two sides competing on third markets more often than complementing one another.
From this follows a thoroughly practical conclusion. Simply scaling up conventional trade is unlikely to bring the two countries to the $1 billion mark set by their presidents[2]. Growth will have to be sought through investment and industrial cooperation, where trade flows arise from shared production chains.
Both countries appreciate how important it is to put such systematic work in place, and in recent years the center of gravity of the agenda has shifted noticeably from trade toward investment. The Azerbaijan–Uzbekistan Investment Company (AUIC), created in 2023 with charter capital of $500 million, is already involved in fifteen projects worth some $360 million, according to Uzbekistan’s Ministry of Investment, Industry and Trade[3]. The wider pipeline is considerably larger, taking in more than twenty projects worth around $6 billion, with a further twenty-five worth almost $1.5 billion in preparation[4].
How far investment cooperation reaches beyond declared intentions is best judged from what is happening at specific production sites. The most visible example is the joint vehicle assembly operation run by Uzavtosanoat and Azermash at the Hajigabul industrial park, which has already turned out more than 11,000 Chevrolet cars and Isuzu buses[5]. The project is now moving into its next phase: a full-cycle plant with investment of more than $84 million. Textile and sericulture clusters are developing in parallel, alongside agro-industrial and logistics projects.
The significance of such ventures is not measured by output alone. Their principal value lies in forging durable production links between the two countries.
Joint manufacturing generates steady demand for mutual deliveries of components, raw materials and equipment, which in effect embeds bilateral trade within a single production chain.
Ties of this kind tend to be less sensitive to swings in the market, since they rest not on one-off deals but on the long-term needs of production. Another consideration matters just as much. Localizing production in Azerbaijan, provided the relevant rules of origin are met, potentially opens the door to third-country markets with which Baku holds preferential trade arrangements.
In that sense, joint ventures can be seen not merely as a means of serving the two national markets, but as a possible platform for promoting products together beyond Uzbekistan and Azerbaijan. That effect does not materialize automatically, however: it calls for dedicated work on the trade, customs and legal mechanisms involved.
What will shape further growth?
The institutional architecture now in place, together with the results already achieved in economic cooperation, creates considerable scope for taking the relationship further. Realizing that potential, though, will depend on the two sides’ ability to overcome a number of structural constraints.
Foremost among them are the competition between similar products on third markets noted above and the volatility of Caspian logistics, which reflects the condition of the ferry fleet and the seasonality of shipping. A further brake comes from the difficulty of making direct payments between the two countries’ banks and of insuring cargo, both of which add to the cost and duration of foreign trade transactions.
Against this backdrop, a natural question arises: what could accelerate the pace of cooperation?
One of the most practical steps would be mutual recognition of certificates and laboratory test results, above all for agricultural produce, which would cut both the time and the cost of bringing goods to the partner’s market.
In the financial sphere, there is a strong case for broadening correspondent banking relations and settlement in national currencies, by way of direct payments between banks and convenient currency conversion arrangements. This would reduce reliance on intermediaries and make settlement of trade and investment operations more predictable.
Transport deserves attention in its own right. Expanding the capacity of the Caspian routes, harmonizing tariffs and shipping schedules, and developing digital cargo tracking would all help lower costs for business.
Uzbek–Azerbaijani relations have thus reached the point at which the political capital accumulated over recent years is gradually acquiring economic and practical substance. In this sense it can be said with confidence that the two countries have laid a solid foundation for moving into new areas and deeper forms of allied partnership.
Miraziz Mirumarov, Leading Research Fellow,
Institute for Strategic and Interregional Studies under the President of the Republic of Uzbekistan
Iroda Imamova, Leading Research Fellow,
Institute for Strategic and Interregional Studies under the President of the Republic of Uzbekistan
[1]https://stat.uz/ru/press-tsentr/novosti-goskomstata/66431-2025-jilda-zbekistonning-tash-i-savdo-ajlanmasi-81-mlrd-dollardan-oshdi-3
[2]https://president.uz/ru/lists/view/8287
[3]https://surl.li/rgudkn
[4]https://surl.li/wbqoju
[5]https://economiczones.gov.az/post/hsp-de-avtomobil-istehsali-artir-az
Inaugural Central Asia – Republic of Korea Summit at the highest level opens in Seoul
📅 15.09.2026
Ahead of the upcoming “Central Asia–Republic of Korea” Summit, which will be held for the first time in a Heads-of-State format in the coming days, Bekzod Normatov, Leading Research Fellow at the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan (ISRS), noted in a commentary for Dunyo that the new format opens up opportunities to take regional cooperation to a qualitatively new level.
According to his assessment, of particular significance are the development of technological partnership, localization of manufacturing, deep processing of raw materials, implementation of regional projects and the training of engineering personnel.
The inaugural “Central Asia – Republic of Korea” Summit should be viewed as a significant milestone in the institutionalization of relations between the region and one of its most technologically advanced and proven partners.
To date, a multi-level system of contacts encompassing political, economic, parliamentary, business and humanitarian spheres has been established. In particular, “Republic of Korea – Central Asia” Cooperation Forum was established in 2007, followed by the creation of the Permanent Secretariat of the Forum in 2017. The Economic Council has been operational since 2020, the meeting format for parliamentary speakers was established in 2023 and the inaugural Think Tank Forum was convened in 2024.
The very fact of transitioning from long-standing cooperation at the ministerial level to the format of heads of state demonstrates that former mechanisms no longer fully correspond to the scale of accumulated interaction and new objectives. South Korean side also directly attributes the summit to the growing strategic significance of Central Asia and the intention to elevate cooperation to a new level in the spheres of trade, investment, energy, critical minerals and supply chain resilience.
“In my view, it is of fundamental importance that today the objective interests of the two sides are becoming increasingly complementary. The Republic of Korea has advanced technologies, capital and expertise, while Central Asia offers significant resource potential, expanding markets and opportunities for access to new high-tech markets”, expert noted.
The expert emphasized that cooperation in critical minerals could become one of the most promising areas. The region possesses substantial reserves of critical minerals, while the Republic of Korea has advanced technologies for their processing and industrial application.
Establishment of a regular mechanism for meetings of the ministers of industry within the “C5+K” format is already under discussion, while bilateral efforts with Uzbekistan focus particularly on artificial intelligence in industry, investments and concrete projects.
At the same time, the expert believes that it is crucial here not to reduce the new format predominantly to the supply of raw materials from Central Asia to South Korea. For the states of the region, a model where cooperation encompasses the entire production chain – from geological exploration and extraction to the deep processing of raw materials and the manufacturing of components and finished goods – would be far more promising.
Localization of manufacturing, technology transfer, training of engineers, and joint entry into third markets are capable of making this partnership long-term and truly mutually beneficial.
Second important emphasis is the regional nature of the projects. Today, practically all Central Asian nations are interested in industrial modernization, the development of transport connectivity, digitalization, as well as increasing water and energy efficiency. Therefore, it is preferable to utilize the “Central Asia – Korea” format not merely as the sum of five bilateral tracks, but as a mechanism for implementing projects that unite multiple states of the region. This could pertain to cross-border production chains, digital logistics, energy infrastructure, water-saving technologies and personnel training.
Technological partnership appears to be an exceptionally promising direction. Korea possesses strong competencies in electronics, automotive manufacturing, battery technologies, artificial intelligence, power engineering, medicine, water resource management and the digitalization of industry.
Central Asia, for its part, offers a growing market, a favourable demographic profile, significant resource potential and an increasingly developed industrial base. The combination of these advantages can forge a completely new quality of economic cooperation.
ISRS expert specifically highlighted the issue of resilience. The current international situation demonstrates how vulnerable global transport, energy, and production chains have become. Therefore, Central Asia is interested not merely in attracting investment, but in creating its own internal capacities – alternative routes, localized manufacturing, technological competencies, and qualified personnel. The Republic of Korea could become one of the key partners in fostering such resilience.
In practical terms, expert notes that it would be advisable to focus on several key areas: formulating a joint portfolio of projects for the deep processing of critical minerals; establishing a mechanism for the preparation and financing of regional projects; developing cooperation in the field of artificial intelligence and the digitalization of industry; launching joint programs on water-saving technologies and significantly expanding the training of engineering and technical personnel.
In this sense, the primary outcome of the upcoming summit should be measured not by the number of signed documents, but by whether it succeeds in transitioning relations from predominantly trade and investment toward joint manufacturing, technology, and human capital.
For Uzbekistan, this format holds particular significance. Our relations with the Republic of Korea already bear the character of a special strategic partnership and possess a substantial practical foundation. Therefore, Tashkent can act as one of the initiators to ensure that successful bilateral experience gradually acquires a regional dimension.
Ultimately, the promising formula for cooperation appears quite clear: the resources, markets and strategic geographic position of Central Asia, combined with the technology, capital and expertise of the Republic of Korea, should be transformed into high-value-added products jointly produced within our region.
“Such an approach will make it possible to infuse the “Central Asia – Republic of Korea” format with concrete substance and enhance its practical returns for the nations of the region”, the expert concluded.
Dunyo IA
Uzbekistan attracts specialists from 16 countries to the anniversary international exhibition “Mining, Metallurgy and Metalworking – MiningMetals Uzbekistan 2026”
📅 09.10.2026
Exhibition will feature the 8th Uzbekistan International Mining and Metals Forum – UIMF 2026, under the theme “From Resources to Global Opportunities”.
The 20th Anniversary International Exhibition on Mining, Metallurgy and Metalworking – “MiningMetals Uzbekistan 2026” will be held on October 27–29th, 2026, at the “Uzexpocentre” National Exhibition Complex in the capital of Uzbekistan, reports Dunyo IA correspondent.
The event is organized by Iteca Exhibitions International Company in partnership with ICA Eurasia Group.
MiningMetals Uzbekistan, which celebrates its 20th anniversary this year, is the leading exhibition for the industry in Uzbekistan. It has long been an effective platform for showcasing the latest solutions and innovations, developing partnerships, exploring cutting-edge equipment and technologies and finding practical ways to help businesses grow.
To date, more than 150 exhibitors from 16 countries have confirmed their participation: Australia, the Republic of Belarus, Germany, Iran, Spain, Kazakhstan, Canada, China, the Republic of Korea, Kyrgyzstan, Russia, Serbia, Türkiye, Uzbekistan, Finland and Estonia.
Visitors will explore mining and mineral processing machinery, equipment for metallurgy and metalworking, solutions for transporting and processing mineral raw materials, and technologies for digitalisation, automation and industrial safety.
Germany will once again participate with a National Pavilion, while extensive displays by Chinese and Turkish manufacturers have also been confirmed.
Uzbekistan National Stand will be a joint display organised by the Ministry of Mining Industry and Geology of Uzbekistan, bringing together the country's leading mining and metallurgical enterprises: Navoi Mining and Metallurgical Company, Almalyk Mining and Metallurgical Complex, “Uzmetkombinat”, Uzbekistan Technological Metals Complex and “Navoiyuran”.
A highlight of the exhibition's business programme will be the 8th Uzbekistan International Mining & Metals Forum – UIMF 2026, under the theme “From Resources to Global Opportunities”.
UIMF 2026 will bring together many leading players from Central Asia's mining and metallurgical industries, government agencies, investors, technology companies and the research community.
Dunyo IA
Strengthening the Peace Agenda: Uzbekistan Aims to Advance Constructive Initiatives within the Peace Council
📅 19.02.2026
On 17–19 February, the President of Uzbekistan, Shavkat Mirziyoyev, will pay a visit to the United States and take part in the inaugural meeting of the Peace Council, a new international body established as a multilateral platform to promote dialogue and the peaceful resolution of pressing global and regional conflicts.
The Peace Council was founded in January 2026 at the World Economic Forum in Davos, where the founding charter was formally signed in a ceremony attended by heads of state and government, as well as representatives of several founding countries.
Launched earlier this year, the initiative has garnered the support of a number of states, including Uzbekistan, which joined as a founding member, thereby reaffirming its commitment to the principles of peaceful diplomacy, multilateral engagement, and shared responsibility for maintaining international stability.
The establishment of the Peace Council represents a logical continuation of the international community’s efforts to develop effective mechanisms for conflict prevention and to seek political and diplomatic solutions to the most acute crises of our time, particularly in the Middle East.
Uzbekistan’s participation in the creation of this structure reflects Tashkent’s consistent foreign policy course aimed at promoting dialogue, respect for international law, and the rejection of force-based scenarios. The country’s position on the Palestinian issue—grounded in support for a just and sustainable peace settlement in accordance with United Nations resolutions—has gained additional international resonance within the framework of this initiative.
The upcoming participation of the Uzbek head of state in the first meeting of the Peace Council also aligns with the recent intensification of Uzbek–American political dialogue. Over the past six months, high-level contacts between Tashkent and Washington have significantly increased, signaling a qualitatively new stage in bilateral relations.
In September of last year, the President of Uzbekistan visited New York to attend a regular session of the United Nations General Assembly, where he held meetings with world leaders and heads of international organizations and discussed key issues on the global and regional agenda.
Further momentum was generated in early November 2025 during the Uzbek President’s working visit to the United States, which included talks with the U.S. President, as well as meetings with representatives of the American establishment, Congress, and business circles. Particular attention during the visit was devoted to strategic partnership, economic cooperation, investment engagement, and regional security, including the “C5+1” format, viewed by both sides as an effective mechanism for coordinating efforts in Central Asia.
Contacts between Tashkent and Washington have been maintained across various channels, including telephone conversations and interagency cooperation. An additional indication of growing mutual trust has been the expansion of economic dialogue and the establishment of new business cooperation platforms, reflecting a shared interest in deepening practical engagement. In the United States, Uzbekistan is increasingly perceived as a reliable, predictable, and responsible partner pursuing a balanced and pragmatic foreign policy.
Uzbekistan’s participation in the Peace Council is thus seen as further evidence of the country’s growing international standing and recognition of its constructive role in global affairs. For Washington, it also confirms that Tashkent is an important partner in advancing initiatives aimed at strengthening peace, security, and sustainable development across Eurasia and beyond.
Amid the intensification of political dialogue, Uzbek–American cooperation continues to expand across key areas. These include collaboration in regional security, support for economic reforms in Uzbekistan, the development of trade and investment, and the deepening of humanitarian and educational ties. Joint projects in energy, digitalization, infrastructure, and human capital development are laying a solid foundation for a long-term partnership.
In sum, the forthcoming participation of the President of Uzbekistan in the inaugural meeting of the Peace Council not only underscores the country’s active role in shaping a new architecture of international dialogue, but also complements the positive trajectory of Uzbek–American relations. The visit to the United States will undoubtedly contribute to elevating interaction between Tashkent and Washington to a stable strategic level, serving the interests of both sides and the broader goal of strengthening peace and stability in the region and worldwide.
«Dunyo» IA
Green Economy, Social Sustainability, and Transparent Governance: Uzbekistan’s New Development Formula
📅 14.07.2026
The global economy has entered a stage in which sustainable development is no longer merely a declarative agenda but has become one of the key criteria for assessing trust in governments, companies, and financial institutions. As a result, ESG standards are now viewed not as an image-building tool, but as a means of evaluating reliability, governance quality, technological maturity, and long-term competitiveness.
For reference: ESG (Environmental, Social, and Governance) refers to business principles under which a company considers its impact on the environment, society, and the quality of governance while seeking to achieve sustainable development and minimize risks.
Today, this trend is naturally shifting from voluntary commitments toward stricter requirements, including non-financial disclosure, climate reporting, independent verification, carbon regulation, supply-chain oversight, and measures to combat greenwashing—that is, the unjustified presentation of activities as environmentally sustainable.
Notably, according to available estimates, global ESG assets exceeded USD 30 trillion in 2022 and may reach USD 40 trillion by 2030. At the same time, sustainable bond issuance amounted to approximately USD 1.1 trillion in 2025. This demonstrates that sustainable development has become part of the global financial infrastructure rather than a narrow area of corporate policy.
Against this backdrop, Uzbekistan is shaping its own model of sustainable development based on national priorities. Water and energy security, employment, social stability, improved performance of state-owned enterprises, greater transparency in governance, and stronger investment appeal are of particular importance to the country.
A key feature of Uzbekistan’s approach is that the ESG agenda is not being developed in a fragmented manner, but as part of broad reforms implemented under the leadership of the President of the Republic of Uzbekistan. The Uzbekistan–2030 Strategy, the transition toward a green economy, national sustainable development goals, the green taxonomy, the MRV system, ESG reporting by state-owned enterprises, social protection, the development of mahallas, and anti-corruption measures together form a unified framework for public policy.
A new stage in the institutional development of ESG was formalized by Cabinet of Ministers Resolution No. 221 dated May 4, 2026. The document approved rules for introducing environmental, social, and corporate governance principles, preparing ESG reports, and disclosing information on sustainable development. As a result, ESG in Uzbekistan is moving from a broad strategic framework toward a specific system of implementation, monitoring, and reporting.
This is therefore not a collection of isolated initiatives, but a new logic of governance. The economy must not only grow, but also remain sustainable; state-owned enterprises must not only be large, but also transparent; social policy must not only compensate for hardship, but also support development; and the environmental agenda must not only protect nature, but also carry economic significance.
The environmental pillar remains the most developed area. Given Uzbekistan’s water scarcity, high climate vulnerability, the consequences of the Aral Sea crisis, and the need to modernize the energy sector, the green economy is an objective necessity.
Key documents signed by the Head of State define the main areas of environmental transformation: the development of renewable energy, improved energy efficiency, the introduction of water-saving technologies, emissions reduction, waste recycling, the expansion of green spaces, the restoration of natural ecosystems, and the creation of an emissions-monitoring system.
As a result, environmental policy is gradually moving beyond traditional nature conservation and becoming part of the country’s economic strategy. At a time when the carbon footprint is becoming a factor in export competitiveness, energy modernization, reduced water losses, and improved industrial efficiency are gaining not only environmental but also macroeconomic importance.
Alongside the environmental agenda, Uzbekistan’s sustainable development model includes a strong social dimension. This includes reducing poverty, expanding employment, supporting women, protecting vulnerable groups, developing mahallas, improving infrastructure, and raising living standards.
It is the social pillar that gives the reforms a human dimension. The green transition must not be limited to reporting and technical indicators. It must remain people-centered, since changes in energy, water management, and industry may affect employment, tariffs, access to resources, and household income structures.
At the same time, the aforementioned government resolution establishes ESG as an integrated system in which environmental indicators are not considered separately from social and governance factors. The focus extends beyond emissions, energy, and water to include governance quality, labor practices, risks affecting stakeholders, data transparency, and management accountability.
The quality of governance is becoming a key condition for the effectiveness of the ESG agenda. In today’s environment, investor confidence depends not only on macroeconomic indicators, but also on institutional transparency, corporate governance, information disclosure, and the predictability of public policy.
Uzbekistan has made notable progress in this area. Digital monitoring, the KPI system for government bodies, anti-corruption policy, ESG reporting by state-owned enterprises, and a national system for measuring, reporting, and verifying climate and ESG indicators for emissions accounting are all being developed.
Changes in the public sector are particularly significant. In recent years, substantial progress has been achieved in improving the investment appeal of state-owned enterprises. By the end of 2025, 17 state-owned enterprises had received international credit ratings, while seven had obtained publicly available ESG ratings. This indicates a transition from a closed administrative model toward the standards of international financial discipline.
In practice, the public sector is becoming subject to external assessment, public reporting, and corporate accountability. Ratings require the disclosure of risks, financial discipline, a clear strategy, and stronger governance. Through this mechanism, ESG is moving from the conceptual level into the practical sphere of corporate management.
Within this framework, the government resolution is of fundamental importance. It stipulates that state-owned enterprises undergoing transformation must introduce ESG reporting rules from July 1, 2026, and prepare ESG reports in accordance with disclosure standards by November 1, 2026.
Based on the above, the following conclusions may be drawn:
First, ESG is becoming a strategic instrument for modernizing Uzbekistan’s public sector and economy. Its significance extends beyond environmental policy and encompasses investment, social sustainability, and competitiveness.
Second, reforms implemented under the leadership of the Head of State are transforming sustainable development from a set of declarations into a system of practical governance. Reporting, the green economy, social policy, transparency, and ESG standards are becoming elements of a unified reform architecture.
Third, in the new global economy, the advantage belongs to countries that grow sustainably, transparently, and predictably from an investor’s perspective. This is precisely where Uzbekistan’s competitive opportunity lies: in turning sustainability into a source of trust, capital, and long-term development.
Thus, ESG is not an external slogan for Uzbekistan, but an internal logic of development. It is a mechanism for connecting economic growth with responsibility, investment with trust, reforms with quality of life, and national interests with the requirements of the new global economy.
- Nizamov
Head of Department
Institute for Strategic and Regional Studies
under the President of the Republic of Uzbekistan
- Sattorov
Leading Research Fellow
Institute for Strategic and Regional Studies
under the President of the Republic of Uzbekistan
A system will be created in Uzbekistan to continuously improve the knowledge of citizens and civil servants in the fight against corruption
📅 26.06.2024
The President of Uzbekistan has signed the Resolution “On measures to introduce a system of continuous improvement of knowledge of the population and civil servants in the fight against corruption”.
The legal and institutional framework for preventing and combating corruption has been improved in Uzbekistan in recent years. At the same time, there is a need to raise to a new level the system of developing an intolerant attitude towards corruption among the population and civil servants, immunizing them with ‘integrity vaccine’, as well as increasing knowledge and skills in the fight against corruption based on the requirements of the time.
In this regard, the President of Uzbekistan has signed the Resolution “On measures to introduce a system of continuous improvement of knowledge of the population and civil servants in the fight against corruption”.
The Resolution will introduce a system of continuous improvement of knowledge of the population and civil servants in combating corruption.
For this purpose, from January 1, 2025, the Virtual Anti-Corruption Academy electronic platform (Virtual Academy) will be launched.
The Anti-Corruption Agency and the Law Enforcement Academy are in charge in organization and conduct of educational activities at the Virtual Academy. The Agency forms a contingent of civil servants who are subject to training, in agreement with the Academy, approves the annual training schedule, and monitors the quality organization of the educational process. The Agency submits annually information on the activities of the Virtual Academy to the National Anti-Corruption Council.
The key is that any citizen will have the opportunity to voluntarily study at the Academy’s basic courses. In particular, educational programs of various formats will be developed for preschool and school children, students, entrepreneurs, and representatives of nongovernmental organizations, taking into account their age, level of development and field of activity.
Increasing knowledge and skills in combating corruption at the Academy is mandatory for all civil servants.
This, undoubtedly, is of great importance in increasing the legal consciousness and culture of the population and civil servants, creating legal immunity from corruption in society, and cultivating the integrity values in the younger generation.
Training at the Virtual Academy in basic courses is organized free of charge for all users, and advanced training in special courses is fee-based.
The Agency formulates recommended annual research topics in the field of anti-corruption for higher education institutions and research organizations. All higher education and research organizations will annually submit to the Agency the results of research they conducted in the area. The Academy will maintain an electronic database on achievements, domestic and foreign experience, scientific, methodological and practical developments and research work.
Based on the Resolution, a Road Map is approved to ensure the effective functioning and strengthening of the material and technical base of the Virtual Anti-Corruption Academy electronic platform.
According to it, the Virtual Anti-Corruption Academy electronic platform and its mobile app will be launched by January 1, 2025. Special programs and content organized in the Virtual Academy for pre-school and school children, and students will be developed by October 1, 2024.
As part of the Global Resource for Anti-Corruption Education and Youth Empowerment (GRACE) Initiative, measures will be taken to create high-quality animated films, video and audio materials intended for students.
The launch of the Virtual Academy will serve to accelerate the formation of an intolerant attitude towards corruption in society, as well as the introduction of a system of continuous improvement of the knowledge and skills of the population and civil servants in the fight against corruption.
Dunyo IA
Founder of BMB HOLDING: Supporting entrepreneurs in the process of building New Uzbekistan has become one of the main goals of the reforms of our Head of state
📅 21.08.2024
In recent years, systematic work has been carried out to create a continuous chain of comprehensive support for the development of entrepreneurship in our country. As a result of the measures implemented and important decisions made over the last seven years, a new generation of entrepreneurs of New Uzbekistan has emerged.
In particular, BMB HOLDING is one of the major subjects of private entrepreneurship, playing an important role in the economic life of our country, and gaining strong positions not only in the domestic, but also in the international market.
On the eve of the 33rd anniversary of independence of the Republic of Uzbekistan, Dunyo information agency talked to Bekzod Mamatkulov, the founder of BMB HOLDING.
– Mr. Mamatkulov, in recent years BMB HOLDING has gained a great reputation not only in Uzbekistan, but also among the international business community. Today, the Holding effectively works in the areas of providing consulting services on investment projects, developing international business and trade relations, attracting foreign investments, export-import exchange, introducing innovative technologies, creating modern agro-industrial clusters. We would like to start our conversation with the organization of the Holding and the history of its development.
– After his election as President, Shavkat Mirziyoyev put on the agenda of our state’s policy such important issues as increasing economic potential, attracting investments and, most importantly, supporting entrepreneurs to bring the country to a new stage of development.
In this sense, the opportunities created for entrepreneurs have radically changed my life goals and made me want to test my potential in business.
We generated our first income through services. Developing business plans and providing consulting services was our first source of income. Later we bought land in Arnasay district of Jizzak region to implement our agricultural projects. We planted mung beans and peas as secondary crops here. The first attempts were successful. The agricultural products we grew gave better results than we expected. For the first time we were able to export our crops abroad. In particular, we started selling agricultural products to Pakistan, India and Afghanistan. Later, we had a plan to supply cotton and grain to the state on a contract basis, and we gradually expanded our financial capacity, making a profit from it.
In 2017, during the visit of the Head of state to Jizzakh region, our project to create a food cluster in Arnasay district was presented. At the meeting, the President emphasized that he would support us, like all businessmen, and expressed great confidence in us. Such attention and support of the President of the country gave us additional strength. After that, there was a desire to further expand our business activities, to test ourselves in new industries, to develop and implement joint projects with foreign partners.
In particular, in 2018, we were among the first to create the largest cotton cluster in the country. Thanks to the attention of the management and creation of favorable conditions for doing business, we created a cluster for growing medicinal plants, namely saffron. Later we organized a fruit and vegetable cluster. This big project, in turn, enabled us to set up a system of sorting, packing and deep processing of fruits and vegetables. Thus, having passed through various stages of business, our small project has now formed into BMB HOLDING. At present the Holding unites 30 enterprises. They employ more than six thousand people across the country.
– It is no secret that today the Holding realizes investment projects of international and national level. As an entrepreneur and a person who knows the business environment in foreign countries, how do you assess the investment environment in Uzbekistan? Are there aspects that do not satisfy you, are there factors that are obstacles for business?
– In the process of building New Uzbekistan, the creation of a favorable investment environment for entrepreneurs has become one of the main goals of the reforms of the Head of our state. The adoption by the President of Uzbekistan of a number of decrees and resolutions aimed at supporting entrepreneurs is yielding results today.
Improvement of tax legislation, creation of the possibility of free currency conversion, reforms in the sphere of private property and a number of other positive changes related to these spheres have played their important role, and entrepreneurs are now considered as the driving force of the country’s economy. In 2020-2022, despite the fact that the coronavirus pandemic worldwide had a large negative impact on the economies and the global investment environment, Uzbekistan’s economic growth rates remained stable and its investment attractiveness continued to grow.
The fact that the inflow of foreign investments into the country has increased significantly testifies to the confidence of international business in the economic reforms in our country. Active diversification of the economy is an important achievement that has opened new opportunities for investors in all sectors, starting with industry.
Now, if we talk about the factors that are obstacles for business, aspects that do not satisfy entrepreneurs, I will tell the truth openly: at the level of the government, reforms are being implemented very intensively, positive changes are taking place. But when you go to the lower level of the system, there are still cases of inattention and carelessness somewhere. I believe that such shortcomings will be eliminated.
– We know that BMB HOLDING is engaged in the production and export of a wide variety of agricultural products. In particular, the organization headed by you has achieved great success in saffron cultivation. Today saffron grown in Uzbekistan is becoming popular in many regions of the world. Tell me, when did you come up with the idea of establishing such a complex sphere as saffron cultivation in Uzbekistan and why did you choose this particular project?
– During President Shavkat Mirziyoyev’s visits to Kashkadarya region in 2017, the issue of cultivation of medicinal plants in mountainous and foothill regions, development of this sphere in our country and export of valuable medicinal plants to the world market was prioritized. The leader of our country also inquired why it is impossible to grow saffron in Uzbekistan despite all conditions, and gave a special instruction to develop this industry. During the President’s visit to Jizzakh region, we made a detailed presentation of our saffron cultivation project. Having familiarized himself with the project, the Head of state expressed his full support to it and instructed the responsible persons to implement the program as soon as possible.
However, it was not easy to realize this project at first. When implementing this business idea, first of all, we deeply studied the demand and supply in the domestic and foreign markets, opportunities and prospects for its implementation in the conditions of Uzbekistan, our own potential in this area, as well as a number of other factors. In 2020, we started to implement the project in pandemic conditions. At first, it took a lot of patience and hard work to find specialists, to bring saffron bulbs suitable for our climate from Europe and to get the desired harvest. In the first year we planted saffron bulbs on 55 hectares of land. The high demand for the harvest and the experience gained stimulated further development and expansion of the project. Today saffron is grown on 400 hectares of land. In the next three years, it is planned to increase the area of saffron plantations to 1,000 hectares and produce 20 tons of pure saffron products per year.
At the beginning of 2024, the product BMB Za’faron for the first time in our region received the USDA Organic certificate, an environmental certificate developed by the U.S. Department of Agriculture, which allowed Uzbek saffron to enter the American markets. After several years of in-depth analytical research, Uzbek saffron grown in the Bakhmal district received the appropriate permission to export to Chinese markets according to the conclusion of the Uzbek-Chinese interdepartmental commission.
– Indeed, a lot of experience in saffron cultivation has been accumulated in recent years. At the same time, what countries’ experience do you think should be studied and implemented in order to grow a competitive product that meets the requirements of international standards and markets?
– In agriculture, each product is grown using a specific method. Such countries as Italy, Austria, South Korea, USA, and Saudi Arabia have enough experience in saffron cultivation. Of course, we study the experience of countries with climatic conditions close to ours and exchange experience with industry experts. I can say that we have mobilized all possibilities to get more crops and export them abroad. The increase in exports, in turn, contributes to increasing the inflow of foreign currency into Uzbekistan and ensuring economic stability.
To bring our national products to the world market and increase their competitiveness, the most important factors are, first of all, quality, then price and, of course, matching production capacity to demand. We have taken these aspects into account in our work and projects, especially in saffron cultivation.
– In Uzbekistan, on the initiative of the Head of our state, an open dialog with entrepreneurs is held annually. Tell me, what impact do these efforts have on the activities of the Holding headed by you?
– It would not be an exaggeration to say that the adoption of a number of resolutions and decrees on creation of favorable business environment and healthy competition in our country, comprehensive support for entrepreneurs, further liberalization of tax policy have served to eliminate the problems that have arisen for many years and hindered the free activity of entrepreneurs.
Thanks to the political will of the President of Uzbekistan, the organizational and legal foundations for the development of the industry have been strengthened, and the attention to entrepreneurs has changed dramatically. Most importantly, all this has already started to yield positive results.
In addition, an open dialog between the President of the Republic of Uzbekistan and entrepreneurs has been established. In my opinion, there is no other country in the world that has such a format.
I can confidently say that the open communication of the Head of state with the business community, which has now become a tradition and is held annually, serves as an important factor in the formation of a new competitive class of entrepreneurs in New Uzbekistan.
I visit many countries for work. In particular, my friends-partners in Italy, Germany, the United States, Austria and other countries highly appreciate the annual dialog of the President of Uzbekistan with entrepreneurs. It is no secret that people look at us with envy when they see the personal attention of the Head of state to the development of business in our country. In fact, it is a great achievement for both sides — the President meets with businessmen, listens to their systemic problems, finds solutions and solves them. Therefore, today all businessmen are looking forward to meeting with the President. This meeting has also become an important forum for businessmen to assess their activities for the year and determine plans for the future. The speeches of our country’s leader at the meeting and important initiatives aimed at further development of the industry, removal of existing obstacles, provision of benefits to entrepreneurs serve as a program for further expansion of businessmen’s activities.
I would like to give an example based on my experience. Before dialoguing with the President, I note in my notebook the issues we face in our work. Listening to the President, I always get comprehensive answers to all my questions based on deep analysis.
– In August 2022, by the decree of the President of Uzbekistan, you were awarded the “Faol Tadbirkor” sign, and in 2023 — the “Dustlik” order. Recall those moments when your entrepreneurial activity was highly appreciated by the leadership of our country.
– Before answering, I have to say one thing. Before coming to business, I worked in state and public organizations for more than 15 years. I never received even a certificate of honor, let alone a state award. Today, the leader’s focus is on people who have sincerely worked for the development of our dear country — Uzbekistan. In recognition of our work, in 2022, I was awarded the “Faol Tadbirkor” sign. In 2023, I had the honor to receive the “Dustlik” Order from the esteemed President. These are not just awards given to me, they are recognition of the work of thousands of dedicated people working in the Holding’s system. Such a high appreciation gives our team more confidence and motivation, and gives us great strength to realize the goals we have set for ourselves.
– The direction of economic diplomacy is becoming increasingly important in attracting foreign investment to Uzbekistan, finding new partners and exporting national products abroad. In this regard, does the Holding, which you head, use the opportunities of diplomatic missions of our country in foreign countries? How satisfied are you with the work of our country's embassies in this direction?
– Frankly speaking, it used to be impossible to meet with diplomats. If you went abroad and wanted to meet with the Ambassador of our country, he would not accept businessmen. This is an open statement. The Ambassador only dealt with politics. Thanks very much to our President, he brought the diplomats’ attention to the economy as well. This, of course, has opened wonderful conditions and opportunities for entrepreneurs. Openness in this sphere, in turn, has become an important step for entrepreneurs in finding foreign partners and attracting investment.
Today, the diplomatic missions of Uzbekistan in foreign countries play a very important role in the activities of the Holding Company, and we feel their support at every stage of realization of our numerous projects. The introduction of the position of Advisor to the Ambassadors of Uzbekistan on economic issues has been very useful for us entrepreneurs. It should be noted that BMB HOLDING has established close relations of economic cooperation with embassies of foreign countries in Uzbekistan, in particular with diplomatic missions of Russia, China, USA and a number of European countries such as Poland, Austria and Latvia.
In a word, the role of diplomatic missions of Uzbekistan and foreign countries in our country is very important in effective realization of the company’s projects.
– Today BMB HOLDING operates in the field of cultivation and production of agricultural products. Our readers are also interested in the future plans of the Holding.
– Our plans for the near future are huge. In particular, the work on establishment of deep processing of agricultural and fruit and vegetable products, and the launching of textile factories in Syrdarya region is in full swing. We also want to implement projects in the field of medicine. Our first project in this direction will be the creation of a health center in Navoi region in 2025. Also, a chain of restaurants and hotels “Zafaron” will be launched in Tashkent city and Tashkent region.
Along with this, we plan to implement the project “Energy-efficient technologies and equipment for production, mining and processing of natural decorative stone” worth 50 million US dollars together with the organization Toksel Makina from Turkey.
– Our last question may be off-topic, but many people are also very interested in this area. We would like to ask about your projects in sports, especially in soccer. What are your goals in soccer and futsal? Also, please, provide information about BMB HOLDING brand ambassadors in the sphere of chess.
– This is an interesting question. BMB HOLDING considers the development of sports in our country, especially soccer and futsal, as one of the main directions of its activity. The Holding was one of the sponsors of Sogdiana soccer club in 2021 and Lokomotiv soccer club in 2022. Since 2023, our Holding has been one of the sponsors of the professional soccer league of Uzbekistan.
At the same time, the BMB PROFESSIONAL FUTSAL CLUB team started its activity in the system of the Holding. A number of famous local and Brazilian futsal players were invited to the team. For the last two years the team won the Cup of Uzbekistan and the Super Cup of Uzbekistan. Today the basis of our team is made up of futsal players playing in the national team of Uzbekistan on mini-football.
On June 30, on the occasion of Youth Day in Uzbekistan together with the Agency for Youth Affairs within the framework of the project of the brand ORRO ROSSO in Milan (this brand is currently the official partner of the Italian soccer club Milan and Monza) we organized a trip to our country of four famous former players of the soccer club Milan, world and European champions Dida, Sergino, Panucci and Zaccardo. I believe that the visit of famous soccer players to Uzbekistan has served to increase the interest and activity of our youth in sports.
As you know, the Futsal World Cup will be held in our country from September 14 to October 6 this year. BMB HOLDING as the main partner organization is preparing for this futsal holiday.
Besides, BMB HOLDING actively supports talented young chess players. Recognizing them as the face and ambassadors of the Holding, we call them brand ambassadors. In particular, FIDE Master of Sports Humoyun Bekmurodov won a silver medal at the X Chessable Sunway Sitges International Chess Festival 2023 held in Barcelona (Spain), and also won the Dubai Police Global Chess Challenge tournament held in Dubai (United Arab Emirates) on May 3-13 this year.
Another of our young chess players is Umida Omonova, a student of the International Chess School, world champion in blitz and rapid, FIDE Master of Sport, member of the Uzbekistan national team, holder of the state award named after Zulfiya, brand ambassador of BMB HOLDING. She also won the 18th round of the Uzbekistan Championship held in April this year.
Another thing is that BMB HOLDING mobilizes all its capabilities and potential in the direction of further prosperity of New Uzbekistan, which is being built under the leadership of the Head of state, improvement of welfare of our people and development of the Motherland.
- Thank you for taking the time to talk to us.
- Thank you.
Dunyo IA
Initiatives of Uzbekistan aimed at Economic Results for the Countries of Central Asia and Azerbaijan
📅 06.10.2026
On October 8–9th, President Shavkat Mirziyoyev will attend the 8th Consultative Meeting of the Heads of State of Central Asia and Azerbaijan, as well as a meeting of the CIS Council of Heads of State.
The consultative meetings stem from an initiative put forward by the President of Uzbekistan in 2017. The first meeting took place in Astana in March 2018. This framework allows countries to work together on transit, infrastructure use, border procedures and industrial cooperation where the involvement of several countries is required.
At the seventh meeting, held in Tashkent on November 16, 2025, participants agreed to Azerbaijan’s full participation. This creates opportunities to coordinate industrial development in Central Asia with transport infrastructure in the South Caucasus and routes to markets in Türkiye and Europe.
For businesses, transport arrangements need to be coordinated along the entire route. Faster customs clearance in one country will have limited benefits if cargo is held up at the next border or port. Joint ventures also need coordinated arrangements for raw material supplies, certification and financing. Expanding the group of participants therefore makes multilateral coordination more useful in practice.
Expanding Trade and the Regional Market
According to the Center for Economic Research and Reforms (CERR), Uzbekistan’s trade with Central Asian countries grew 3.1-fold between 2017 and 2025, reaching $8.3 billion. In 2025, trade with Kazakhstan totaled $5 billion, with Kyrgyzstan and Turkmenistan $1.2 billion each, and with Tajikistan $912.3 million.
In January–August 2026, trade with the four neighboring countries reached $6.14 billion, up 26.2% from the same period a year earlier. Uzbekistan’s exports rose 37.5% to $2.36 billion, while imports increased 20.1% to $3.78 billion. Trade grew with every partner: Kazakhstan by 23.4%, Kyrgyzstan by 51.2%, Tajikistan by 45.7% and Turkmenistan by 5.7%.
Trade with Azerbaijan grew 9.5-fold between 2017 and 2025, reaching $307.3 million. In 2025, Uzbekistan’s exports totaled $227.3 million and imports $80 million. Established trade in machinery, textiles, food and metals provides a basis for greater specialization among businesses and joint efforts to promote their products. Long-term contracts, well-developed distribution networks and equipment servicing in the partner country can support more sustained growth.
Investment and Production Links
Between 2017 and 2025, Uzbekistan attracted $2.5 billion in foreign direct investment and loans from Central Asian countries, including $1.3 billion in 2025. The corresponding figures for Azerbaijan were $318.6 million and $173.7 million. As of August 2026, Uzbekistan had 2,538 operating companies with investment from Central Asian countries and 503 with Azerbaijani investment.
The Azerbaijan–Uzbekistan Investment Company supports joint projects and has charter capital of $500 million. Joint investment institutions also operate in Central Asia, including Uzbek–Kyrgyz and Uzbek–Tajik institutions. They enable partners to finance projects together and share risks.
Practical Steps Since the Tashkent Meeting
On November 17, 2025, Uzbekistan and Turkmenistan launched the Shavat–Dashoguz border trade zone. It houses trading and warehousing facilities, customs, quarantine and other inspection services. Government services are to be provided through a single-window system.
On March 26, 2026, Uzbekistan and Tajikistan launched ten joint projects in furniture, leather and textile production, household appliances and other industries. At the same time, facilities were launched to produce dairy products in Andijan Region, and fruit juices and metal briquettes in Surkhandarya Region.
During Uzbek–Kyrgyz talks on July 30, 2026, the two sides agreed to establish an Interstate Council. A package of trade contracts and investment agreements was put together at the preceding business forum. They also reached agreements on developing border, trade and logistics infrastructure along the China–Kyrgyzstan–Uzbekistan railway and digitizing permit procedures.
On July 31, 2026, the leaders of Central Asia and Azerbaijan held an informal meeting at Issyk-Kul. The President of Uzbekistan called for further work on industrial and technological production chains, shared digital services and investment platforms.
On August 23, 2026, Uzbekistan and Azerbaijan signed a program to increase trade to $1 billion by 2030, along with an action plan for investment and trade. The third meeting of the Supreme Interstate Council also launched joint projects in finance, building materials, oil and gas, mining, agriculture and other sectors.
Industrial Cooperation and Access to New Markets
CERR estimates that replacing some imports from third countries with supplies from within the region could increase intraregional trade by approximately $11.4 billion. Realizing this potential will depend on whether regional suppliers can compete. This requires matching imported products with what regional producers can offer and identifying barriers to concluding contracts.
Developing the Middle Corridor through the Caspian Sea and the South Caucasus could expand Uzbekistan’s opportunities to supply markets to the west. The route’s competitiveness depends on the total cost of delivery, regular departures and transit times along each section. This requires coordination among railways, ports, carriers and customs services.
Joint preparations for the Kambarata-1 hydropower plant and work on Uzbek–Tajik hydropower projects require agreement on financing, water use arrangements and electricity supply terms. Investment decisions need to reflect growing industrial demand and businesses’ need for reliable energy supplies.
An interagency working group has also been established to prepare joint green energy projects involving Uzbekistan, Kazakhstan and Azerbaijan.
Priorities for the Upcoming Meeting
The upcoming meeting in Avaza offers an opportunity to advance joint projects by addressing trade barriers, coordinating transport arrangements and securing financing. Moving beyond separate bilateral projects to align business conditions across the expanded group of participating countries could help advance these efforts.
Projects backed by proven demand, competitive production and reliable logistics can deliver the most tangible economic benefits. The regional mechanisms proposed by Uzbekistan could support these projects by removing trade barriers, coordinating infrastructure development and improving investment conditions. Under these conditions, growth in trade within the region would be accompanied by more value added within the region and a stronger position for its producers in international markets.
Edvard Romanov
Center for Economic Research and Reforms
UN PUBLIC SERVICE FORUM: AN OPPORTUNITY TO SHOWCASE UZBEKISTAN’S REFORMS ON A GLOBAL SCALE
📅 27.05.2025
The SCO Bishkek Summit: The Economic Agenda of a New Stage of Cooperation
📅 29.08.2026
As the SCO approaches its 25th anniversary, the Organization’s economic component is acquiring an increasingly concrete and practical character. Today, the Organization brings together 10 states with a combined population of more than 3.4 billion people, accounting for nearly one-quarter of global GDP and more than 15% of international trade. The concentration of markets, resources, and production capabilities creates a significant foundation for investment, cooperation, and the development of interconnected infrastructure.
On August 31 – September 1, 2026, the anniversary SCO Summit will be held in Bishkek, marking the conclusion of Kyrgyzstan’s SCO chairmanship. The Summit comes in the first year of implementation of the Strategy for the Development of the Organization until 2035, adopted in Tianjin. From the perspective of the investment, trade, and industrial agenda, this period is primarily associated with improving conditions for businesses: reducing barriers, simplifying procedures, expanding production linkages, developing transport and digital infrastructure, and improving financing instruments.
For Uzbekistan, this approach continues the consistently pursued policy of strengthening the economic dimension of the SCO. The Samarkand Summit of 2022 was an important milestone, consolidating initiatives in the areas of sustainable supply chains, food and energy security, and expanding the scope for economic cooperation.
The importance of this resource for the national economy is already reflected in the dynamics of key indicators. In 2025, Uzbekistan’s trade turnover with the SCO countries reached USD 40.6 billion, increasing by 21.7%. In January–June 2026, it amounted to USD 21.9 billion. The volume of investments attracted from the Organization’s countries reached USD 24.8 billion in 2025 and USD 17.8 billion in the first half of 2026. The joint investment portfolio includes 1,438 projects with a total value of USD 102.8 billion.
The volumes achieved make it possible to place greater emphasis on the quality of economic ties — increasing the share of finished products, establishing joint production facilities, localizing technological operations, and developing value-added chains with access to the markets of new countries.
To develop such ties, businesses need to identify potential areas for industrial cooperation. One of the instruments is the Industrial Investment Projects Data Bank, the regulations for which were agreed upon in June 2026. Its value lies in the ability to match investment initiatives with the capabilities of participating states, their needs for raw materials and components, available infrastructure, and potential markets.
This system could be further developed through the SCO Industrial Cooperation Map, which would make it possible to link individual initiatives into production chains and identify areas where the capabilities of different countries complement each other.
At the initial stage, promising areas include the textile and agro-industrial sectors, which have the relevant raw material base, production capabilities, and sales channels. In the future, this approach could be extended to mechanical engineering, electrical engineering, pharmaceuticals, the chemical industry, and the production of construction materials.
For each initiative, this model envisages identifying partners, sources of financing, implementation timelines, localization parameters, and target markets. This makes it possible to structure the project economics and define the role of each participant in advance.
This directly raises the issue of financial support. In 2025, interested member states took a political decision to establish the SCO Development Bank, while at the end of June 2026, another round of consultations was held on its establishment and functioning.
The prospective role of such an institution is primarily associated with projects whose impact extends across several countries: transport and energy infrastructure, industrial chains, digital networks, and logistics centers. Cooperation with existing development institutions, transparent selection criteria, and financial sustainability could expand the available range of project financing instruments.
The effectiveness of industrial cooperation, in turn, directly depends on how quickly and predictably raw materials, components, and finished products can move. Therefore, the financial and industrial components are closely linked to transport development.
For Uzbekistan, this factor is particularly important. The lack of direct access to seaports makes logistics one of the key conditions for the competitiveness of national products. The priority is to develop a network of sustainable routes that allows freight flows to be distributed flexibly while maintaining access to various supply destinations.
The SCO space encompasses East–West and North–South routes, road and railway lines, as well as opportunities for multimodal transportation. For businesses, the efficiency of such a network depends on infrastructure capacity, the consistency of procedures, and the speed of the entire chain — from the sender to the final market.
Therefore, the development of transport routes is directly linked to the digitalization of processes. The electronic exchange of customs and permitting documents, advance notification of control authorities, interoperability of national information systems, and end-to-end tracking of cargo reduce administrative delays and increase the predictability of transportation.
The use of accumulated data also opens up additional opportunities for artificial intelligence — forecasting freight flows, optimizing routes, managing warehouse infrastructure, and assessing risks. This requires coordinated approaches to information security and the protection of national digital systems.
Ultimately, all these instruments serve the development of trade. Industrial cooperation expands the product base, financing ensures the launch of new production capacities, logistics connects businesses with markets, and digital solutions reduce time and administrative costs.
Additional benefits can be achieved through transparent requirements, mutual recognition of electronic documents, and harmonized procedures. This facilitates access for small and medium-sized enterprises to the markets of SCO countries and creates a more predictable environment for investors. At this level, the advantages of multilateral cooperation are directly reflected in the operations of businesses.
The international visibility of the region also contributes to its economic promotion. Additional attention to Central Asia during the Summit will be generated by the 6th World Nomad Games. This large-scale event creates a favorable information environment for presenting the region’s investment and export potential, national brands, and business initiatives. For Uzbekistan, this represents an additional opportunity to demonstrate the country’s economic potential to an international audience.
For Uzbekistan, the value of the SCO lies in the opportunity to complement well-developed bilateral ties with instruments that are particularly effective in a multilateral format. These include projects combining the production capabilities of several countries, shared infrastructure, new transport routes, and financial mechanisms.
In this context, the Bishkek Summit will become an important stage in the further development of the Organization’s economic agenda. Its practical implementation can expand businesses’ access to markets, investment resources, and logistics opportunities, while simultaneously creating new conditions for industrial cooperation.
President of Uzbekistan discusses with the head of the European Council the issues of further expansion of multifaceted cooperation
📅 27.01.2025
During a telephone conversation between President of the Republic of Uzbekistan Shavkat Mirziyoyev and President of the European Council António Costa on January 23, topical issues on the bilateral and regional agenda were discussed.
The President of Uzbekistan sincerely congratulated António Costa on his election as the head of the European Council and wished him great success.
It was noted with deep satisfaction that the Uzbek-European multifaceted cooperation has reached the highest level in recent years and continues to develop dynamically in all priority dimensions.
Active contacts and exchanges at different levels have been carried out. In 2024, Uzbekistan's trade turnover with the EU countries exceeded 6 billion euros, the portfolio of projects with European companies reached 30 billion euros.
Last year, an agreement on strategic partnership in the field of critical mineral resources was signed. There is fruitful cooperation in transportation and digital interconnectivity, green economy, culture and other areas.
Confidence was expressed in the early signing of the Enhanced Partnership and Cooperation Agreement between the Republic of Uzbekistan and the European Union, which will give a serious impetus to the development of the entire range of relations.
The Uzbek leader and the head of the European Council also exchanged views on the international agenda and regional cooperation. Joint plans to prepare and hold the first “Central Asia-EU” summit in the city of Samarkand in April this year were discussed.
SCO AND WATER DIPLOMACY: IN PURSUIT OF COMMON INTERESTS
📅 20.08.2026
Transforming water from an object of competition into a factor of cooperation is a vital condition for regional stability.
Water is a precious resource and a source of life. It is not merely a natural resource but also a strategic factor that determines a country's food and energy security, economic development, environmental stability, and the well-being of its people.
Against this backdrop, there is a growing need for political dialogue and practical cooperation aimed at the rational, equitable, and mutually beneficial use of transboundary rivers and shared water resources. In other words, water diplomacy is needed to turn water into a tool of cooperation that brings states together rather than a source of conflict.
The founding documents of the Shanghai Cooperation Organization list the rational use of natural resources, including water, environmental protection, and the implementation of joint ecological programs as main areas of cooperation. Therefore, the issue of water is not a topic that was later added to the SCO agenda, but one of the organization's initial priorities.
In recent years, the political and legal foundations of this area have been further strengthened. The SCO's Dushanbe and Samarkand Declarations identified access to safe drinking water and the integrated, rational management of water resources as important conditions for sustainable development.
At the seventh meeting of the heads of ministries and agencies of SCO member states responsible for environmental protection, held in Bishkek on April 3, 2026, issues of climate change adaptation, glacier preservation, and water resource management were discussed. This indicates that the topic of water is taking on an increasingly important role in the organization's practical agenda.
At the same time, representatives of the SCO member states are seeking practical solutions to water-related issues through meetings, consultations, and negotiations in various formats. On August 7, 2026, the 94th meeting of the Interstate Commission for Water Coordination (ICWC) was held in the city of Turkestan, Republic of Kazakhstan.
The water management ministers and officials from Kazakhstan, Tajikistan, Turkmenistan, and Uzbekistan reviewed proposals for water limits and operating regimes for reservoirs in the Syr Darya and Amu Darya basins for the 2026 growing season, as well as a plan to introduce an automated water accounting system in the Syr Darya basin. The development of the document was approved, and special working group is expected to be established by September of this year.
Furthermore, the parties discussed the implementation of the $20 million Regional Cooperation for Improving the Efficiency of Water Resources Use in Central Asian Countries (CAWEC) grant project, in partnership with the World Bank, as well as the execution of tasks stemming from the decisions of the Council of Heads of the Founding States of the International Fund for Saving the Aral Sea.
With the support of the German Agency for International Cooperation (GIZ), measures are being taken to implement a pilot project to automate the water resources monitoring and accounting system at transboundary water facilities between Kazakhstan and Uzbekistan.
From August 10-12, 2026, a three-day regional training was held in Tashkent on the topic "Introduction of Water-Saving Irrigation Technologies and Digital Solutions in the Water Management Sector of Central Asia under Climate Change."
The training was organized at the initiative of the Ministry of Water Resources of the Republic of Uzbekistan, within the framework of the National Water Resources Management Project in Uzbekistan and the Blue Peace Central Asia (BPCA) project, with the participation of the "Suvchilar maktabi" (School of Water Professionals).
Water management specialists from Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan participated in the event.
The primary objective of the event was to enhance the professional capacity of water management specialists from Central Asian countries, expand the mutual exchange of experience, and strengthen practical cooperation in the efficient use of water resources, the introduction of modern irrigation technologies, and the digitalization of the sector, as well as to familiarize them with the advanced solutions being implemented in Uzbekistan.
It is important to emphasize that Uzbekistan views water diplomacy not only as an instrument of foreign policy but also as a logical continuation of the large-scale reforms being implemented domestically. Indeed, to promote the idea of efficient water use in regional dialogue, each state must first reduce water waste within its own territory and establish a modern management system.
In his Address to the Oliy Majlis and the people of Uzbekistan, President Shavkat Mirziyoyev noted that water scarcity is becoming an increasingly urgent global issue; for this reason, the rational use of water was elevated to the level of state policy from the very first days of the reforms.
The results achieved in the sector in recent years are reflected in the figures . In 2025, construction and reconstruction work was carried out at 258 irrigation and melioration facilities, and 723 kilometers of canals were lined with concrete. Additionally, 158 kilometers of irrigation and 303 kilometers of collector-drainage networks were built or reconstructed. As a result, the water supply for 364,000 hectares of land was improved, and the loss of more than 500 million cubic meters of water was prevented.
In 2026, a total of 2 trillion 199 billion soums were allocated from the state budget for construction and reconstruction work under 308 irrigation and melioration projects.
As of August 1 of the current year, construction work worth 1.3 trillion soums has been completed, which constitutes 59% of the established annual plan. Specifically, 637 kilometers of canals were lined with concrete and reconstructed. Furthermore, 52 kilometers of irrigation networks—flumes and pipes—and 27 hydraulic structures were built and reconstructed. To increase the energy efficiency of water management facilities and ensure uninterrupted water supply, pumping stations with a capacity of 13 m3/sec, 31 irrigation wells, 33 kilometers of pressure pipelines for pumping stations, and 268 kilometers of collector-drainage networks were built and reconstructed.
Significant progress is also being made in the introduction of water-saving technologies. By the end of 2025, the coverage of such technologies reached 2.6 million hectares, or 61% of irrigated areas. Of this, drip irrigation technology was introduced on 664,000 hectares. Thanks to these technologies, 3 billion cubic meters of water were saved. By the end of 2026, the goal is to increase the coverage of water-saving technologies to 3.1 million hectares and save 5 billion cubic meters of water. To date, water-saving technologies have been implemented on a total of 638,000 hectares across the republic.
These figures are significant not only for the national economy but also for the regional water balance. Every cubic meter of water saved in one country reduces the pressure on the entire basin. In this sense, lining irrigation canals with concrete and implementing water-saving technologies are not only national-level initiatives but also diplomatic contributions that strengthen regional trust.
To manage water effectively, it must be accurately measured. Where there is no accounting, it is difficult to assess savings, identify losses, and ensure fair distribution.
From this perspective, the digitalization efforts underway in Uzbekistan's water management sector not only increase the efficiency of domestic management but also create a technological foundation for the reliable exchange of transboundary water data in the future.
In 2025, the Center for Digitalization and Monitoring of Water Management was established, and a modern Situational Center was launched to consolidate industry data at a single point. Ten information systems were introduced. The "State Water Cadastre" and "Melioration" information systems were enhanced with the capability to analyze data, generate forecasts, and develop recommendations using artificial intelligence.
Forty-four sensors were installed in reservoirs, enabling remote monitoring of water levels and volumes. A design organization is conducting nationwide studies for the installation of 272 devices to measure water intake across the state border in real time, as well as for the installation of specialized equipment at 1,895 points for the online management and monitoring of inter-district water resources.
The significance of such projects goes beyond technical convenience. Reliable real-time data increases transparency in water distribution, reduces the human factor, and prevents contentious situations.
In the future, it may be possible to coordinate the national information systems of the SCO member states. This does not mean transferring all data to a single center. On the contrary, it envisions the formation of a mechanism for exchanging necessary hydrological indicators in an agreed-upon format, while respecting the sovereignty and national legislation of each state.
The water-energy-food nexus is a prerequisite for sustainable development. Within the framework of the SCO, it is advisable to form a permanent mechanism that integrates cooperation between water, energy, and agriculture agencies. Such a mechanism would enable the joint analysis of seasonal reservoir operation, electricity exchange, irrigation needs, and ecological flows.
The SCO region has accumulated extensive experience in using drip and sprinkler irrigation, canal lining, closed pipeline networks, smart water meters, energy-efficient pumps, and forecasting systems based on artificial intelligence.
By consolidating this experience, it is possible to implement model projects adapted to various climatic conditions. For example, within the SCO, it would be beneficial to establish pilot zones to demonstrate water-saving technologies, train specialists and farmers, and evaluate the results based on a unified methodology.
Sound decisions on water issues must be based on scientific research. Therefore, it is important to implement joint scientific programs among the research institutes, universities, and water management organizations of the SCO countries.
When managing water resources, considering only today's needs is insufficient. The impact of every decision on future generations, natural ecosystems, and the interests of neighboring states must also be thoroughly assessed.
Today, it is not enough to view water diplomacy solely as a means of preventing conflict. It must also stimulate economic development, attract investment, accelerate the exchange of technologies, and strengthen food and energy security.
The SCO is a major regional structure capable of uniting these opportunities. Cooperation within the Organization must transition from negotiations over water distribution to the stage of creating common economic benefits and ensuring sustainable development through water.
Indeed, water does not recognize state borders. Its flow interconnects the destinies, well-being, and futures of peoples.
The rational use of water is economic development, its just management is good neighborliness, and conserving every drop is our shared responsibility for the future.
Zokir Ishpulatov,
First Deputy Minister of Water Management of the
Republic of Uzbekistan
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Ministry of Foreign Affairs of the Republic of Uzbekistan -
Diplomatic Service of the Ministry of Foreign Affairs -
State Committee for Tourism Development -
Ministry of Investments and Foreign Trade of the Republic of Uzbekistan
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invest.gov.uz -
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