Annotation. The Ferghana Valley is the historical heart of Central Asia, where a new model of regional cooperation based on trust, good neighbourliness and sustainable development is currently taking shape. The initiative
of the President of Uzbekistan Shavkat Mirziyoyev to hold the Ferghana Peace Forum reflects a common desire among the countries of the region to strengthen mutual understanding and create the area of peace, stability, and shared prosperity.

INTRODUCTION

Historically, the Fergana Valley was a shared space where countries used common resources and people kept close ties. For centuries, the valley was
at the crossroads of key trade routes connecting the West and the East.

The establishment of an atmosphere of good neighbourliness
 in the Ferghana Valley reflects positive developments throughout Central Asia. Essentially, this is the result of political will, a concentrated expression
of the joint efforts of the leaders of all five countries to maintain security
and stability in the region.

Holding the Fergana Peace Forum in Fergana on October 15–16, 2025, confirms the statement made by the President of Uzbekistan at the 80th session of the UN General Assembly about the transformation of Central Asia into
an area of peace, friendly relations and partnership.

FROM A ZONE OF TENSION TO A SPACE OF TRUST

In the early years of independence, unresolved border issues and
the existence of numerous ethno-territorial enclaves served as grounds
for viewing the region as a conflict zone.

However, today, thanks to the political will and joint efforts of the leaders
of states, the Fergana Valley, previously perceived as a “powder keg,”
“Achilles' heel,” and “hot spot,” is becoming a symbol of peace, sustainable development, and a space of opportunity.

In recent years, Uzbekistan, Tajikistan and Kyrgyzstan have made significant progress in diplomacy and establishing stable political contacts.

The visits of the countries' leaders and their participation in regional forums and organizations such as the Shanghai Cooperation Organization
and the Consultative Meeting of the Heads of Central Asian States contribute
to the deepening of political and economic ties. The development of bilateral
and multilateral relations in the political sphere has helped to create a solid foundation for regional integration and mutual support.

Moreover, all five Central Asian countries contribute to the sustainable development of the Ferghana Valley. Joint water and energy projects are being implemented. In January 2023, Uzbekistan, Kazakhstan and Kyrgyzstan signed
a “”Road Map” for the implementation of the Kambarata HPS-1 construction project, and in June 2024, an interdepartmental agreement on preparations
for the implementation of the project.

A new phase of regional diplomacy began in 2017 with the election
of Shavkat Mirziyoyev as the President of the Republic of Uzbekistan. Relations
with neighbouring countries reached a qualitatively new level. Dialogue based on the principles of openness, respect, and equality laid the foundation
for long-term friendly coexistence.

Thanks to the political will of the leaders of the three states—Uzbekistan, Kyrgyzstan, and Tajikistan—historic agreements were reached in 2025
with the signing of the Treaty on the Junction Point of the State Borders
of  Three States and the Khujand Declaration on Eternal Friendship.
These documents became a symbol of a new era of trust and creative partnership. The treaty legally established the borders of the three states
at a concrete point in the Ferghana Valley.

This breakthrough did not come unexpectedly, without preparatory work. In the preceding months, on March 13, 2025, Kyrgyzstan and Tajikistan signed an important agreement on the demarcation of their common border—the final stage of their long negotiations.

Kyrgyz President Sadyr Zhaparov noted that regional integration continues to develop actively, and the strengthening of cooperation
in all spheres will be the key to sustainable development and prosperity throughout Central Asia.

In turn, Tajikistan President Emomali Rahmon called the development
of relations between the three countries based on the principles of good neighborliness, equality, and mutual respect one of the priorities of Tajikistan's foreign policy.

The international community particularly highlights the indispensable role of Uzbekistan's President Shavkat Mirziyoyev, who initiated a new diplomatic line: "Borders should not divide, but unite our peoples."

This approach creates a model for peaceful transformation, where internal rather than external factors shape the architecture of trust, friendship, and good neighbourliness.

The formation of the area of stability and cooperation in Ferghana Valley was achieved without external involvement, solely through the strong political will of the leaders of the three states, combined with the desire of the peoples
of the region for peaceful coexistence, creating a solid foundation for lasting peace and prosperity.

Ferghana Valley – an “exemplary model” for building inter-state relations in other regions

The Ferghana Valley is one of Central Asia's unique oases – a place where the destinies of the peoples of Uzbekistan, Kyrgyzstan, and Tajikistan have intertwined. More than 17 million people live here, accounting for 20%
of the total population of Central Asia, which is around 83 million.

Today, the valley is gradually becoming a symbol of the new Central Asia – a region where borders are not barriers, but bridges of interaction.
The development of transport, trade, and humanitarian ties between Uzbekistan, Kyrgyzstan and Tajikistan paves the way for the formation of a single space
for interaction in the name of common prosperity.

Joint infrastructure and economic projects, the restoration of roads
and railways, the development of border logistics hubs, and the modernization of checkpoints are creating conditions for the free movement of people, goods, and ideas.

Communications between the Ferghana Valley and the outside world are actively developing. Today, it is being integrated into international multimodal transport corridors and is gradually regaining its status as an interregional transit hub connecting East and West.

In this regard, the China-Kyrgyzstan-Uzbekistan railway project is of great importance. If implemented, it will have a multiplier effect on the economies
of all countries in the region.

The railway will provide access to the ports of the Persian Gulf
and the Pacific Ocean, open up new markets, thereby diversifying the economy and creating new jobs.

Visa regimes are being simplified and the throughput capacity at border crossing points is being improved, which will encourage more mutual travel
by citizens.

Uzbekistan maintains a visa-free regime with all Central Asian countries except Turkmenistan. In particular, there are currently 17 border crossing points between Uzbekistan and Tajikistan and 25 between Uzbekistan
and Kyrgyzstan. In 2016, there were only 13 between Uzbekistan
and Kyrgyzstan, and all of them operated with restrictions. For example, currently, up to 20,000 people pass through the Dustlik checkpoint
on the Uzbek-Kyrgyz border every day, which is 100 times more than in 2016.
At the same time, the number of vehicles passing through has increased tenfold, reaching 700 per day.

The Mingtepa and Khanabad border checkpoints were opened in 2023, and the Uchkurgan and Karasu checkpoints in 2024. These points had been closed since 2009-2010.

Today, citizens of Uzbekistan and Kazakhstan can travel to each other's countries for up to 30 days without registration. A visa-free regime
for up to 60 days has been established between Uzbekistan and Kyrgyzstan,
and since September 1, 2023, it has been possible to use ID cards
(instead of foreign passports) for mutual travel between the two countries.

The time required for goods and people to cross the border has been reduced to an unprecedented eight minutes. In turn, citizens of Tajikistan
and Uzbekistan can stay in each other's territory for up to 30 days
without a visa. This, in turn, contributes to the intensification of cooperation
and improved mutual understanding between the peoples of the Fergana Valley.

On the whole, a common space is forming in the Ferghana Valley, as it has throughout history. The restoration of the valley's interconnectedness contributes to the stability and sustainable development of the entire region.

The international community's keen interest in these processes confirms that Central Asia is becoming an important center for the formation of a culture of peace. The initiatives put forward by Uzbekistan have received support
from the UN, OSCE, EU, and other international partners, which strengthens
the legitimacy and sustainability of regional efforts.

The Ferghana Peace Forum has a special place in this process—it's not just a diplomatic meeting, but a platform for developing a new philosophy
of regional cooperation. This forum brings together political leaders, experts, and public figures, offering an open dialogue on strengthening peace, trust,
and sustainable development in Central Asia.

 The event will enable the countries of the region to independently shape their own architecture of stability and sustainable development, based
on mutual respect and the desire for a better future for new generations.

CONCLUSION

The Ferghana Valley is gradually transforming into a space of peace
and harmony, where peoples find common ground and jointly strengthen
the region's stability.

The establishment of the atmosphere of friendship and
amicable relations in the Ferghana Valley shows that, even in today's turbulent global environment, ensuring stability in the region is an achievable goal. 

This process requires patience, wisdom, and willingness to make reasonable compromises. Uzbekistan, Kyrgyzstan, and Tajikistan have demonstrated these qualities and their ability, despite complex challenges,
to unite for common goals such as strengthening security and sustainable development.

In turn, the Fergana Peace Forum is called to become a permanent platform aimed at strengthening dialogue and trust, ensuring sustainable development of the Ferghana Valley, unlocking economic potential,
and strengthening cultural and humanitarian ties. This meeting reflects the unity of the countries in the region, which are determined to build a common future together.

Authors: Diloram Mukhsinova and Bekhzod Alimjanov,

senior researchers at the Center for Foreign Policy Studies

(Uzbekistan)

New trends in Central Asian politics of Uzbekistan

Uzbekistan's policy in Central Asia has reached a qualitatively higher level. The trend of developing mutually beneficial cooperation between the countries of the region is intensifying with its own characteristics. According to President Shavkat Mirziyoyev, Uzbekistan has given priority to strengthening relations of close friendship and cooperation with neighboring countries, and over the past historically short period - the political position and influence of our country in the Central Asian region and the Middle East. The world has grown dramatically. The spirit of trust in New Uzbekistan and the principles of striving for cooperation with our country have increased in the world.

Central Asia is a region with important and unique resources, economic and communication potential. In the 90s of the 20th century, the countries of the region embarked on their own independent path of development and joined the ranks of developing countries, promoting humanism, social justice, and security. in the region there is international harmony, peace and well-established foreign policy activities and international cooperation, based on the principles of international law, such as the creation of an atmosphere of peace, and consistently developing them.

In the direction of the foreign policy of New Uzbekistan, in establishing practical cooperation in the countries of Central Asia, the fifth priority direction of the “Uzbekistan-2030” strategy has been identified - the consistent continuation of a policy based on the principle of “A Safe and Peaceful State”. the region to a new level of quality, good neighborliness and strategic partnership with all neighboring countries, pays special attention to the rapid development of relations, regular and effective conduct of bilateral and multilateral negotiations in political, economic, cultural and humanitarian areas.

The measures taken by the government of the Republic of Uzbekistan to expand mutual cooperation between the countries of the region also play an important role. It should be noted that as a result of President Shavkat Mirziyoyev’s reforms in the field of foreign policy, diplomatic relations of Uzbekistan with the countries of the Central region literally rose to a new level.

The fact that Shavkat Mirziyoyev began his first visit to foreign countries as President of Uzbekistan with a visit to the countries of Central Asia, literally indicating that he has raised the development of regional cooperation to a new level.

On March 6-7, 2017, Shavkat Mirziyoyev made a state visit to Turkmenistan. It should be noted that this was Sh. Mirziyoyev’s first visit to a foreign country as the President of the Republic of Uzbekistan. This state visit of the President clearly confirmed that Uzbekistan attaches great importance to good neighborly relations in foreign policy, and was supported by the signing of the Strategic Partnership Agreement between Uzbekistan and Turkmenistan.

The visit of President Shavkat Mirziyoyev to Kazakhstan on March 23, 2017 and the signing of a Joint declaration on deepening the strategic partnership and strengthening the friendly neighborhood between the two countries opened a new era in interstate cooperation. Thanks to the joint efforts of Uzbekistan and Kazakhstan, in 2017 the volume of bilateral trade reached 2 billion US dollars, and such direct contacts serve as the basis for the effective implementation of bilateral and multilateral cooperation.

Following the state visit of President Shavkat Mirziyoyev to the Kyrgyz Republic, a declaration was signed on strengthening strategic partnership, friendship, good neighborliness and trust.

In 2018, the implementation of the new policy of the President of Uzbekistan to strengthen political trust and mutual solidarity in Central Asia continued consistently. In particular, President Sh. Mirziyoyev visited this country on March 9-10, 2018 at the invitation of the President of the Republic of Tajikistan E. Rahmon. During the visit, the leaders of the two countries signed a Joint Statement on Strengthening Friendship and Good Neighborhood and an Agreement on Certain Sections of the Uzbek-Tajik State Border.

In addition, as a result of the continuation of negotiations of the Republic of Uzbekistan on the delimitation and demarcation of the state border with neighboring countries, the delimitation of the state border lines with Kazakhstan has been completed, 85 percent of the border with Kyrgyzstan has been passed. agreed upon, and 99.9 percent of the border with Tajikistan has been agreed upon.

At the end of 2021, trade turnover between Uzbekistan and Tajikistan amounted to almost 600 million US dollars. The number of joint ventures has increased 10 times. If in 2017 there were 24 enterprises operating in Uzbekistan, then by the end of 2021 240 enterprises with the participation of Tajik capital began operating. There are 61 enterprises operating in Tajikistan based on investments from Uzbekistan.

On June 2-3, 2022, the presidents of Tajikistan and Uzbekistan Shavkat Mirziyoyev and the presidents of Tajikistan signed a historic declaration “On strengthening eternal friendship and alliance.” In addition, documents signed at the level of government, ministries and departments are designed to raise multifaceted Uzbek-Tajikistan cooperation to a new level.

Analyzing the platforms and formats of interstate dialogue organized on the initiative of Uzbekistan on regional cooperation, it should be noted that, on the initiative of the head of Uzbekistan, consultative meetings of the leaders of Central Asian countries are regularly held.

Consultative meetings are systematically organized as part of this initiative (March 2018, Kazakhstan; November 2019, Uzbekistan; August 2021, Turkmenistan; July 2022, Kyrgyzstan; 2023, Tajikistan). As positive trends in Uzbekistan’s policy in Central Asia, practical proposals made at these meetings can be noted. In particular, at the fourth consultation meeting held in Kyrgyzstan, he put forward a number of proposals that meet the interests of the region. In particular, the interests of the region today are served by such proposals as the creation of a system of border trade zones with unified and simplified procedures for the delivery of goods to Central Asia and the holding of a Central Asian festival of culture, art and cinema in each country.

Indeed, here it is permissible to note the high assessments expressed by many foreign experts to the initiatives of Uzbekistan. For example, Li Yunxuan, director of the Institute of European and Asian Social Development under the State Council of China, says: “Uzbekistan is an active participant in the processes of strengthening regional and interregional cooperation, in the mechanism of consultative meetings of leaders of Central Asian countries, in ensuring the effectiveness of cooperation on topical issues of ensuring regional stability and development plays an important role.

Indeed, as a result of the growing role of Central Asia in modern international relations, “the spirit of trust in New Uzbekistan and the principles of cooperation with our country have increased in the world.” ... Our countries, which have been common brothers and sisters from time immemorial, began to act in close cooperation on many regional and global issues and socio-economic development.

The phrase “spirit of Central Asia” has appeared in world political science.

On September 14, 2023, President of Uzbekistan Shavkat Mirziyoyev spoke at the fourth consultative meeting of leaders of Central Asian countries held in Tajikistan and put forward a number of proposals to strengthen new trends in the Central Asian region. politics of Uzbekistan. Including the development of trade and economic cooperation in the region; development of industrial cooperation; increasing interdependence in transport; ensuring security in the energy sector; ensuring food safety; Combating the threats posed by climate change.

The issue of creating an interstate economic council to expand practical cooperation on the entire range of trade and economic issues in the region also deserves attention. Another platform implemented at the initiative of Uzbekistan is the Central Asian Economic Forum. On March 15, 2019, the first Central Asian Economic Forum was held in Tashkent with the participation of deputy prime ministers of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan. Positive results were achieved through discussion at the forum of issues of further development of regional cooperation, studying the possibilities of the transport and communications complex, increasing the volume of mutual trade and the attractiveness of tourism.

At the initiative of Uzbekistan, in order to ensure good neighborliness and interethnic harmony between the peoples of the countries of Central Asia, on November 15, 2019, an international conference was held in Tashkent with the participation of experts and scientists from foreign countries on the topic “Central Asia is our common home,” which serves to bring the countries of the region closer together in cultural and humanitarian sphere.

Uzbekistan's policy in Central Asia is consistent in identifying new trends, ensuring stability and security.

On March 9-10, 2018, the President of the Republic of Uzbekistan Shavkat Mirziyoyev made a state visit to the Republic of Tajikistan. At the high-level meeting, special attention was paid to strengthening interstate cooperation in the areas of ensuring regional security and stability, promoting the solution of international problems, combating terrorism and extremism and other types of organized transnational crime, which is an important achievement of Uzbekistan. diplomacy in ensuring regional security and stability. According to Tajik expert Kasimsho Iskandarov, relations between Tajikistan and Uzbekistan depend on the political will of state leaders. After Shavkat Mirziyoyev came to power, relations between the two countries changed dramatically. The rapid development of Tajik-Uzbek relations has solved many problems not only between the two countries, but also between all countries in the region. The political environment for developing regional cooperation has improved. 

Also, on the initiative of President Shavkat Mirziyoyev, on June 22, 2018, the UN General Assembly for the first time adopted a resolution “Strengthening regional and international cooperation to ensure peace, stability and consistent development in the Central Asian region”.  Our opinion is confirmed by the fact that Uzbekistan has put forward proposals for the formation of a regional system for forecasting emergency situations in the region, their prevention, early warning and joint counteraction.

It is worth noting that there are several factors that contribute to the development of good neighborly relations, such as mutual trade, investments and joint projects.

If we look at the numbers, we can witness that Uzbekistan’s trade turnover with the countries of Central Asia has grown to an unprecedented level. Trade turnover in 2017 amounted to $2.4 billion, and by the end of 2019 it reached $5.2 billion. In two short years the growth was 150 percent. Despite the restrictions caused by the pandemic, the growth in freight volumes observed in Central Asia in 2020 demonstrates the enormous potential for further expansion of international roads and railways and strengthening of transport and logistics infrastructure. In this regard, on August 6, 2021, within the framework of the third consultative meeting of leaders of Central Asian countries, at the Economic Forum of Central Asian Countries, held in the Avaza National Tourist Zone (Turkmenistan), the Uzbek side discussed the development of transport corridors connecting the countries of Central Asia, increasing efficiency use of the transit potential of the countries of the region, and also, it is worth noting that he made a proposal to strengthen cooperation on the harmonization and digitalization of customs clearance procedures. It is worth noting that “in recent years, radical reforms in our country, a consistent and active foreign policy, especially strengthening the environment of close neighbors in the Central Asian region, have increased the international prestige of our country”.

If we evaluate the new trends in the Central Asian policy of Uzbekistan, we can see that their impact on regional interaction and international relations is acquiring positive significance.

It should be noted that on December 19, 2019, at the plenary meeting of the UN General Assembly, a special resolution “Sustainable tourism and sustainable development in Central Asia” was adopted, proposed by President Shavkat Mirziyoyev.

In short, the special significance of the approaches in the regional policy of Uzbekistan lies in the fact that they serve to strengthen the belt of security, stability and cooperation throughout the region. In the context of increasing threats to regional and global security, the socio-economic well-being of countries, Uzbekistan is of great importance in determining new trends in the politics of Central Asia and the prospects for jointly combating modern dangers and threats.

Mirzayev Gulom,

Doctor of philosophy in historical sciences (PhD), associate professor at the University of Public Safety of the Republic of Uzbekistan

Following the results of Q1 2026, the ranking of large banks underwent notable changes. While the leading group remained intact, positions within the segment were reshuffled. In the small-bank category, movements were also significant, pointing to continued realignment and stronger competition across the sector.

The Center for Economic Research and Reforms presented the updated Bank Ranking based on the results of the Banking Activity Index for Q1 2026.

The study covers 34 commercial banks of the republic, including 20 classified as large financial institutions by scale and branch network, while the remaining 14 were categorized as small banks.

The methodology is based on the analysis of 27 indicators benchmarked against national averages and international standards, including the requirements of the Basel Committee. The ranking serves as an important tool for enhancing transparency and strengthening confidence in the financial system. This approach is consistent with international practice and is widely used by leading financial institutions.

Financial Results for Q1 2026

During the reporting period, total assets of the banking sector amounted to 932.3 tn sums ($76.3 bn), while liabilities reached 793.9 tn sums ($64.9 bn). Lending increased by 14%, while deposits grew by 32%. The aggregate capital of the banking system was fully denominated in the national currency. Net profit reached 3.1 tn sums ($254 mn), which is 36.3% higher than a year earlier.

During the period under review, the share of non-performing loans declined to 3.3%, compared with 4.5% a year earlier, indicating improved portfolio quality. At the same time, in several banks the ratio remains above the sector average. Capital adequacy indicators exceed minimum regulatory requirements by more than 1.4 times, confirming the resilience of the banking sector.

Large Banks Activity Ranking for Q1 2026

The results of Q1 2026 show that despite the relative stability at the top of the ranking, both categories of banks recorded notable positional changes.

In the large-bank segment, performance was mixed. Out of 20 banks, 7 improved their positions, 8 declined, and 5 retained their previous places. This reflects a high level of competition and the ongoing redistribution of market positions.

The most notable progress was demonstrated by Tenge Bank, which moved up by 6 positions. Three more banks — Agrobank, Invest Finance Bank, and Xalq Bank — advanced by 2 positions each. Positive momentum was also recorded by Ipak Yuli Bank, Asia Alliance Bank, and Hamkorbank, all of which improved their standing in the overall ranking.

At the same time, several large banks recorded lower activity levels. The most significant decline was observed at Orient Finans Bank and Trast Bank, which fell by 5 and 3 positions respectively.

Changes Across Key Indicators

Financial Intermediation. The leading positions were taken by Invest Finance Bank, Anor Bank and Kapitalbank. In this ranking, Davr Bank and Hamkorbank fell by 4 positions, while Ipoteka Bank declined by 1 position.

Financial Accessibility. The leaders were Agrobank, Anor Bank and BRB. Under this indicator, declines were mainly observed among leading banks: Kapitalbank (-3 positions), Hamkorbank (-7), Asia Alliance Bank (-1), Ipak Yuli Bank (-5), and Trast Bank (-6). The strongest improvement in this ranking was recorded by Tenge Bank (+8), Xalq Bank, Davr Bank (+5), and Agrobank (+4).

Capital Adequacy. The top positions were occupied by Orient Finance Bank, Trast Bank and Halk Bank. At the same time, Agrobank dropped by 4 positions, while Aloqa Bank declined by 2 positions.

Asset Quality. The leaders were Hamkorbank, Asia Alliance Bank and Ipak Yuli Bank. Turonbank fell by 5 positions, while Asakabank, Mikrokreditbank, SQB, Trast Bank and Anor Bank each declined by 2 positions.

Management Efficiency. The highest positions were held by SQB, Orient Finance Bank and NBU. At the same time, Asaka Bank dropped by 5 positions, while BRB declined by 4 positions.

Profitability. The leaders were Hamkorbank, Trast Bank and Asia Alliance Bank. Turon Bank, after falling by 3 positions, ranked last. In this ranking, Kapitalbank, Asia Alliance Bank, Anor Bank and Davr Bank declined by 2 positions, while Ipoteka Bank and Mikrokreditbank fell by 1 position.

Liquidity. The leaders were Asia Alliance Bank, Ipak Yuli Bank and Trast Bank. At the same time, Mikrokreditbank, Ipoteka Bank, Anor Bank and SQB each declined by 1 position.

Small Banks Activity Ranking for Q1 2026

The small-bank group remained relatively stable, with leading institutions retaining their positions. The main changes in this category were concentrated in the middle segment, where several banks improved their standing due to stronger financial intermediation and higher profitability.

Within this group, 8 out of 14 financial institutions improved their rankings. The most notable gains were recorded by AVO Bank and Apex Bank, both rising by 3 positions. TBC became the leader of the ranking.

At the same time, 5 banks moved down, with the sharpest decline recorded by Octobank, which lost 6 positions. Saderat Bank, Garant Bank, and Ziraat Bank each rose by 2 positions. The ranking was rounded out by Open Bank and Uzum Bank, both up by 1 position.

Jafar Khidirov, CERR

CERR Banking and Financial Sector Research Sector
Tel: (78) 150 02 02 (441)

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

The Business Activity Index (BAI), estimated by the Center for Economic Research and Reforms, reached 1124 points in February 2026, increasing by 12.4% compared with the previous month (and by 24.2% compared with the same period last year, Chart No.1).

In February of the current year, the following changes were observed across the BAI components:

• the component reflecting the number of transactions on business entities’ bank accounts increased by 22%;
• the intensity of raw material purchases on the commodity exchange rose by 10.6%;
• the component reflecting active business entities increased by 0.9%;
• the trademark component grew by 9.4%.

In February 2026, the BAI also increased in 13 regions compared with the previous month (Chart No.2).

In particular, notable growth was observed in Andijan region (44.8%), Syrdarya region (41.7%), Tashkent region (33.3%), and Kashkadarya region (28.2%).

At the same time, in the Republic of Karakalpakstan the indicator slightly declined by 0.5%, remaining at a moderate level.

Banking operations

During the reporting period, the number of interbank payment transactions reached 6,760.3 thousand, increasing by 1,220.5 thousand transactions (22%) compared with January 2026.

An increase in interbank payment operations was recorded in 12 regions. In particular, a significant rise in banking operations between legal entities compared with the previous month was observed in Tashkent city (24.1%), Surkhandarya region (23.3%), Samarkand region (21.4%), and Navoi region (17.7%).

At the same time, this indicator declined in Syrdarya region (8.1%) and the Republic of Karakalpakstan (1.6%).

Exchange component

In February of the current year, the exchange component of the BAI reached 1.1058 points, increasing by 10.6% compared with the previous month.

This reflected a 36.2% increase in the number of transactions concluded, while the average volume of goods purchased per transaction declined by 15.1%.

The total turnover of goods traded on the UzEx amounted to 6,296 billion soums in February 2026, which is 6.5% higher than in the previous month.

Component of active business entities

During the reporting period, this component amounted to 1.0088 points, increasing by 0.9% compared with the previous month.

At the same time, the total number of operating business entities increased by 4,079 units, reaching 508.5 thousand.

The number of large enterprises increased by 51 units, reaching 4,161.
The number of small enterprises rose by 3.9 thousand, reaching 415.1 thousand.
The number of farms increased by 36, reaching 89.2 thousand.

Trademark component

In February 2026, the trademark component reached 1.0641 points, increasing by 9.4% compared with the previous month.

During this period, 430 trademarks and product names were registered by legal entities.

Islombek Saparmatov, CERR

Modern Central Asia is becoming a space of sustainable growth and mutual trust. The countries of the region demonstrate a strong commitment to building balanced relations with global partners, prioritizing practical initiatives in trade, energy, transport, and innovation. One of the key formats shaping this new architecture is the “C5+1” platform, which unites the Central Asian states and the United States.

Regional Consolidation: Dialogue Based on Equality and Pragmatism

In recent years, the “C5+1” format has evolved from a diplomatic mechanism into an effective platform for coordination and implementation of joint projects. The latest ministerial meeting in Samarkand, attended by the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov, demonstrated a high level of trust and a shared focus on tangible results.

Key topics on the Samarkand agenda included food security, climate resilience, development of green and digital economies, diversification of transport corridors, and deepening industrial cooperation.

Following the meeting, memorandums were signed on decarbonization and digitalization of customs procedures - a step that paves the way for harmonized trade rules, easier exports, and increased investment inflows into the region.

Central Asia: From Fragmentation to an Integrated Economic Space

The figures speak for themselves: the total foreign trade turnover of Central Asian countries has reached $220 billion, almost doubling since 2017, while mutual investments have grown 5.6 times. The region’s combined GDP increased by 40% over the past five years to exceed $406 billion.

These indicators reflect not only growth but also a qualitative shift - from isolated initiatives to a coordinated regional development strategy.

Uzbekistan - Kazakhstan: Industrial and Logistics Core

The Uzbekistan - Kazakhstan partnership exemplifies a new model of integration. Between January and August 2025, mutual trade reached $3.03 billion, up by 15%. Projects exceeding $7 billion are under implementation across engineering, agriculture, construction, and energy sectors. Over 1,100 enterprises with Kazakh capital operate in Uzbekistan, creating jobs and new export niches.

Uzbekistan - Tajikistan: Transport and Energy Bridge

Tajikistan and Uzbekistan are rapidly strengthening railway and energy cooperation. In 2024, cargo traffic between the two countries reached 10 million tons, while regular passenger flights and a joint investment company with a $100 million capital were launched. These are not just numbers - they represent an architecture of trust that enables joint industrial and agricultural clusters.

Uzbekistan - Turkmenistan: Corridors of Growth

Cooperation with Turkmenistan is expanding in energy, logistics, and industry. In 2024, bilateral trade exceeded $1.14 billion, and the Shavat - Dashoguz border zone is evolving into a hub of trade and joint manufacturing. A localization project for repairing Turkmen wagons in Andijan is a vivid example of practical industrial integration.

Uzbekistan–Kyrgyzstan: A “Roadmap” for the Future

The interstate program until 2030 and the Border Regions Council ensure steady progress. From January to August 2025, trade turnover approached $600 million, while Uzbekistan’s exports grew by nearly 80%. New logistics routes are being developed to reduce transport costs and enhance business competitiveness.

“C5+1” as a Catalyst for Development

Participation in the “C5+1” framework gives regional integration new depth - aligning national interests with global sustainability trends.

The United States and regional partners are building long-term cooperation in green energy, resilient supply chains, infrastructure modernization, and human-capital development.

Special attention is given to unified standards for digital trade, environmental management, and logistics technologies, making Central Asia a vital link in Eurasian value chains.

Benefits for the Region and Uzbekistan

For Central Asia, the “C5+1” format provides:

• Investment and technology: opportunities to attract foreign partners for renewable energy, raw-material processing, and digital transformation;
• New markets: expanded export opportunities through unified customs and trade standards;
• Energy security: development of interconnected grids and energy-storage infrastructure;
• Human capital: education, internships, and exchanges with leading global companies.

For Uzbekistan, the advantages are clear:

• Expanded export potential through access to new transport routes;
• Technology localization and industrial partnerships with neighbors;
• Institutional stability and strengthened position as a regional integrator;
• Inflow of direct investment supported by uniform rules and a stable macroeconomic environment.

Conclusion: From Geography to the Economy of the Future

Central Asia is steadily transforming from a “crossroads of geography” into a region of synergy. The “C5+1” format has become a framework connecting the efforts of regional and global partners into a unified development strategy - based on trust, mutual benefit, and sustainable growth.

The Central Election Commission held a meeting and a series of events today, July 26th. The primary agenda item was the preparation and high-level accomplishment of the upcoming elections for the Legislative Chamber of the Oliy Majlis and the Councils of People's Deputies in full compliance with the Constitution and laws.

According to Article 128 of the Constitution of the Republic of Uzbekistan, elections for the Legislative Chamber of the Oliy Majlis and the Councils of People's Deputies are scheduled to take place on the first Sunday of the third ten-day period of October in the year their term expires. Considering that the term of the deputies of the Legislative Chamber of the Oliy Majlis and the Councils of People's Deputies ends in 2024, the elections will be held on October 27th of this year, and the election campaign will begin on July 26th, as decided by the Central Election Commission.

These elections mark a significant departure from the past, taking place in a new socio-political environment as stipulated by our Constitution. The meeting underscored the unique features of these elections, which include:

1. For the first time in Uzbekistan's history, the Legislative Chamber of the Oliy Majlis elections will be conducted using a mixed electoral system, combining majoritarian and proportional systems. This significant change will see seventy-five deputies elected directly through the majoritarian system, where voters vote for specific candidates. The remaining seventy-five deputies will be elected based on votes cast for political parties under the proportional system.
2. One of the most significant advancements is the full digitization of election commissions' activities at all levels and their interactions with participants in the election process. This development significantly reduces bureaucracy, time, and document handling in election procedures, ushering in a new era of efficiency in our electoral system.
3. Our election legislation has been fundamentally improved to align with advanced democratic standards. These improvements include introducing a new system for election bodies led by the Central Election Commission and requiring political parties to ensure that at least 40% of their candidates for deputy positions are women. Additionally, a candidate must receive a relative majority of votes to be elected. If a candidate gets more votes than other candidates in their respective electoral district, they will be elected without needing a repeat vote.
4. The elections are taking place in conditions of significantly strengthened parliamentarianism and the powers of representative bodies at the local level, as established by the Updated Constitution. Specifically, the absolute powers of the Legislative Chamber have increased from 5 to 12, and those of the Senate from 12 to 18. The parliament's oversight functions over the activities of executive, judicial, law enforcement agencies, and special services have been expanded. The institution of hokims leading local Councils of People's Deputies is being abolished. To enhance the role of representative bodies in resolving important state issues, 33 powers previously held by hokims have been transferred to local Councils.

The meeting underscored the significance of these elections as a vivid example of democratic state-building in our country and an essential means for citizens to exercise their constitutional rights to vote and be elected to democratic state bodies. The elections will involve the election of 150 deputies to the Legislative Chamber, 65 members to the Senate, 65 deputies to the Jokargy Kenes of the Republic of Karakalpakstan, deputies to 208 district (city) Councils in the regions and Tashkent city, with around 30,000 candidates and nearly 90,000 trusted representatives actively participating. Over 120,000 election commission members and more than 70,000 citizens and international observers are expected to participate in the election process.

Considering the important role of elections in state life and with the aim of widely engaging citizens in this process, the Central Election Commission announced that the elections will be held on October 27th under the slogan “My Choice—My Prosperous Homeland.”

The 'E-Saylov' information system is a key tool in making the election process more transparent and accessible. It facilitates around 60 interactions between election commissions, political party candidates, observers, and the media entirely electronically. Integrated with other electronic platforms, the system automates many procedures in the election process without human intervention. This system forms an extensive database of nearly 400,000 participants in the election process, including election commission members, candidates, and observers. Around 32,000 participants will professionally use the information system, which includes communication through 40 types of SMS notifications.

For citizens, the "E-Saylov" information system introduces several conveniences in obtaining election-related information. Specifically, it provides statistical data on voters and polling stations, information on candidates for various elections, and interactive maps to learn about candidates and their biographies.

The meeting emphasized that the "E-Saylov" information system represents a new level of technological advancement and transparency in elections.

It was also noted that according to Article 37 of the Election Code, political parties have the right to nominate candidates for deputies to the Legislative Chamber and local Councils.

To participate in the elections, political parties must have been registered by the Ministry of Justice at least four months before the announcement of the election campaign and collect at least 40,000 signatures supporting their participation.

Additionally, the meeting approved a calendar plan to ensure that the activities related to conducting the elections are carried out step-by-step within the timelines specified by election legislation. The Central Election Commission, as an impartial and independent constitutional body, will take all necessary measures to prepare for and conduct the upcoming elections in full compliance with national legislation and international election standards, ensuring the process is open and transparent.

A Press Center has also been established under the Central Election Commission.

Central Election Commission

of the Republic of Uzbekistan

At the invitation of the President of the United States, Donald Trump, the President of Uzbekistan, Shavkat Mirziyoyev, will pay a working visit to Washington, D.C. on February 17–19 of this year to participate in the inaugural meeting of the Peace Council. The Center for Economic Research and Reforms (CERR) has prepared an infographic presenting key indicators of trade, economic and investment cooperation between Uzbekistan and the United States over the past 9 years.

History of visits

The President of the Republic of Uzbekistan has visited the United States several times on working visits aimed at expanding bilateral Uzbek-American cooperation, as well as participating in events organized by the United Nations. The first official visit of the Head of our State to the United States took place on May 15–17, 2018 at the invitation of the U.S. President. During the visit, negotiations were held at the White House, the U.S. Congress and the Pentagon, and agreements were signed that marked the beginning of a new stage in the development of Uzbek-American relations.

In subsequent years, dialogue between the two countries developed through bilateral meetings and regional initiatives, including the C5+1 platform.

On September 20–24, 2025, a historic visit of the President of our country to New York took place to participate in events of the юбилейной 80th session of the UN General Assembly. The central event of the visit was the meeting between the Head of our State and U.S. President Donald Trump. The leaders of the two countries agreed to further strengthen Uzbek-American strategic partnership relations and expand practical cooperation.

During his stay in the US, the President of Uzbekistan also held a roundtable with representatives of the U.S. business community, as well as negotiations with executives of a number of leading multinational companies, corporations, investment funds and financial institutions, and took part in a ceremony for the exchange of signed bilateral trade contracts and investment agreements, including in the fields of critical minerals, civil aviation, chemical industry, energy and other priority sectors.

In order to create favorable conditions for the further development of bilateral interstate relations in trade, economic and tourism spheres, by Presidential Decree dated November 3, 2025, a visa-free regime for U.S. citizens entering Uzbekistan was introduced effective January 1, 2026.

Mutual trade indicators

The two countries operate under a Most Favored Nation trade regime.

Over the period 2017–2025, trade turnover between Uzbekistan and the United States increased 4.7-fold, from $215 mln to $1 bn. Exports grew 9.1-fold, from $32.1 mln to $291.7 mln, while imports increased 3.9-fold, from $182.9 mln to $712.3 mln.

The share of the United States in Uzbekistan’s foreign trade over this period rose as follows: in total trade turnover from 0.8% to 1.2%, in exports from 0.3% to 0.9%, and in imports from 1.3% to 1.5%.

In the structure of exports to the United States, the main share is accounted for by services — 81% (programming, financial, information and transport services), as well as petroleum products — 8.6% (aviation kerosene and others). These are followed by machinery and equipment — 3.7%; food products — 3.5% (dried fruits and vegetables, spices, rice and others); industrial goods — 3.3% (aluminum bars and profiles, rhenium metal and others); miscellaneous manufactured articles — 0.9%; chemicals — 0.4%; beverages and tobacco — 0.2%; and non-food raw materials — 0.1%.

In imports from the United States, machinery and equipment dominate — 59% (aircraft, automobiles and their parts, computer units, engines, pumps, machine tools and industrial installations). A significant share is also accounted for by services — 20.5% (financial, licensing, leasing and transport services). These are followed by chemicals — 9.7% (pharmaceuticals, binding agents and cosmetic substances); industrial goods — 3.8% (plastic and ferrous metal products and others); food products — 3.2% (poultry meat and by-products); miscellaneous manufactured articles — 2.2% (devices, instruments, paper products); non-food raw materials — 1.1% (cellulose and others); as well as beverages and tobacco — 0.5%.

Investment cooperation

As of February 1, 2026, there are 346 enterprises with U.S. capital operating in Uzbekistan, which accounts for about 2% of the total number of enterprises with foreign investment. Of these, 146 are joint ventures and 200 are foreign companies with U.S. capital participation.

The volume of foreign direct investment and loans from the United States over the past nine years has increased nearly 64-fold — from $8.6 mln in 2017 to $383.2 mln in 2025.

Overall, in 2017–2025 the cumulative volume of attracted U.S. FDI and loans into Uzbekistan’s economy exceeded $2.9 bn.

Investments were directed primarily into manufacturing industries (metallurgy, production of motor vehicles, beverages and textile products), mining industry, construction, services (real estate operations, education), as well as agriculture.

CERR Public relations and media sector

Despite the 6,000-kilometer distance between Tashkent and Tokyo, the official visit of President of Uzbekistan Shavkat Mirziyoyev to Japan on December 18-20 elevated Uzbek-Japanese relations to a qualitatively new level of expanded strategic partnership for future generations.

Uzbekistan’s relations with Japan have deep historical roots. For centuries, Samarkand served as one of the key centers of the Great Silk Road, while Nara, the ancient capital of Japan, was its eastern gateway. Trade and the exchange of knowledge along the Great Silk Road, including between Uzbekistan and Japan, played a significant role in the development of international commerce and cultural interaction, forming lasting cultural bridges between civilizations. Today, Samarkand and Nara are twin cities.

Since Uzbekistan gained independence, reliable and stable relations of mutually beneficial cooperation have developed between Uzbekistan and Japan. Since the establishment of diplomatic relations, Japan has been one of Uzbekistan’s key technological and investment partners.

Economic cooperation dynamics

The most dynamic growth in economic cooperation has taken place in recent years, following the launch of comprehensive economic reforms in Uzbekistan. The Japan External Trade Organization (JETRO), the Japan International Cooperation Agency (JICA), and the Japan Bank for International Cooperation (JBIC) play an important role in advancing Uzbek-Japanese economic cooperation.

Cooperation with JICA has, in recent years, reached the level of strategic partnership. The value of the project portfolio has exceeded $8 billion, and additional initiatives worth more than $3 billion are under consideration in areas such as healthcare, energy, transport, education, industry, and other sectors. During the visit, new agreements were signed with JICA concerning the development of economic zones, agriculture, supply of medical equipment, and support for entrepreneurship, as well as the launch of a special economic zone for Japanese investors, to be developed in line with Japanese models and standards.

Cooperation with JBIC is also developing dynamically. Today, the total project portfolio with the bank exceeds $5 billion in sectors such as petrochemicals, energy, telecommunications, infrastructure, and light industry. During the visit, discussions focused on preparing new projects and improving the effectiveness of existing initiatives worth over $10 billion.

Trade relations are also growing dynamically. Between 2017 and 2024, Uzbekistan’s trade turnover with Japan more than doubled, increasing from $166.2 million to $388.5 million. In 2024, growth accelerated, rising by 64.1% compared with 2023, from $236.8 million to $388.6 million. More than 90% of imports from Japan consist of machinery and equipment, while Uzbekistan’s exports to Japan are dominated by services and chemical fertilizers, as well as fruit and vegetable products, textiles, radioactive elements, and jet fuel.

Investment cooperation is expanding as well. Over the past eight years, the number of Japanese enterprises operating in Uzbekistan has increased tenfold, while the combined project portfolio has exceeded $20 billion. Leading Japanese companies such as Sojitz, Toyota Tsusho, Sumitomo, Itochu, Kyoto Plaza, Balcom, and Shikoku Electric are actively operating in Uzbekistan, implementing major projects in energy, geology, tourism, infrastructure development, IT, and other sectors.

For example, Sojitz Corporation is implementing projects including the construction of a combined-cycle power plant in Syrdarya region, a multidisciplinary hospital, a new international airport in Tashkent, and a wind power plant. During the visit, support was expressed for the company’s plans to modernize medical clinics and educational facilities, create a transboundary “green” energy corridor, upgrade gas compressor stations, and participate in establishing a special economic zone for Japanese investors.

Sumitomo Corporation is constructing two solar power plants and energy storage systems in Samarkand region, with a similar wind-power-based project also planned in the Republic of Karakalpakstan. During the visit, the President of Uzbekistan proposed adopting a Cooperation Program with the corporation through 2030.

Uzbekistan has longstanding cooperation with ITOCHU Corporation in mechanical engineering, geology, and infrastructure. Long-term agreements have been reached on the export of critical minerals to Japan. During the visit, new areas of cooperation were discussed, including water purification, automotive manufacturing, modernization of air traffic control systems, as well as implementation of public-private partnership projects in the social sphere.

JOGMEC, together with ITOCHU Corporation, is developing uranium deposits in Navoi and Kashkadarya regions. During the visit, plans by these companies to develop precious-metal deposits at promising sites in Uzbekistan were also reviewed and approved.

Negotiations and outcomes of the visit

During the negotiations, the sides discussed further deepening of the strategic partnership between Uzbekistan and Japan, covering all areas of interstate cooperation. The importance of strengthening existing cooperation formats, including parliamentary friendship groups, economic cooperation committees, and sectoral mechanisms in priority areas, was emphasized.

During the talks between President Shavkat Mirziyoyev and Prime Minister Sanae Takaichi, a number of priority areas for advancing strategic partnership were identified, including green energy and industrial decarbonization, information technology, critical minerals, cooperation in mechanical engineering, modernization of healthcare, and tourism infrastructure.

To implement more than $12 billion worth of new cooperation projects prepared for the visit, the President of Uzbekistan proposed establishing a joint investment platform. Plans were also announced to create a special economic zone in Samarkand region based on Japanese standards and practices, as well as to scale up the “One Village – One Product” program implemented jointly with Japanese partners. It was proposed to hold the first Uzbekistan-Japan Regional Forum in Samarkand next year.

At the meeting between the President of Uzbekistan and Japan’s Minister of Economy, Trade and Industry Ryosei Akazawa, an agreement was reached to develop an action plan to further strengthen business cooperation with the active involvement of JETRO and the Japan Association for Trade with Russia and NIS (ROTOBO).

A key element of the visit was the President’s meeting with leading representatives of Japanese business. The President emphasized that in recent years cooperation between Uzbekistan and Japan has acquired a qualitatively new character. Whereas Japanese companies previously mainly participated as contractors, today they are actively investing in Uzbekistan’s economy, establishing joint ventures, participating in management, transferring technologies, and contributing to human capital development. “As a result of these qualitative shifts, Japan has become one of Uzbekistan’s key economic and technological partners,” the President stressed.

Based on these assessments, priority areas for further cooperation with Japanese business were outlined. These include ensuring energy resilience and advancing the green transition, development of renewable energy sources and storage systems, and reducing the carbon intensity of Uzbekistan’s economy. Particular emphasis was placed on deep processing of critical minerals and establishing full value chains.

Promising areas also include the development of mechanical engineering and industrial equipment to build a modern high-tech industrial economy. Special focus was placed on advancing information technologies, including the implementation of artificial intelligence and digitalization programs.

Another important direction is the creation of modern special economic zones designed to become centers for high-tech, export-oriented industries and platforms for industrial cooperation through automation and digital control systems.

Concluding his speech to the business community, President Mirziyoyev emphasized that Uzbekistan regards Japan not only as an investor, but as a strategic partner in building the industry of the future.

The main outcome of the visit was the signing by President Shavkat Mirziyoyev and Prime Minister Sanae Takaichi of the Joint Statement on Expanded Strategic Partnership for Future Generations, which elevates Uzbek-Japanese relations to a fundamentally new level. A wide package of agreements was also adopted in education, healthcare, environmental protection, water management, transport, urban development, tourism, agriculture, and disaster-risk reduction.

Expanding cooperation potential

Against the backdrop of Uzbekistan’s ongoing technological transformation and innovative development, there is substantial potential to further expand economic cooperation with Japan in trade, investment, and scientific-technical exchange. The agreements reached during the visit form a solid foundation for advancing cooperation to a qualitatively new level.

According to the Center for Economic Research and Reforms, Uzbekistan has significant untapped export potential with respect to Japan. Promising export categories include copper and copper products, textile and apparel goods including home textiles, aluminum and aluminum products, fruits and nuts, as well as electrical equipment and devices.

Japan’s experience in developing innovation clusters may serve as a valuable model for Uzbekistan. In this context, promising areas include the creation of joint venture funds and startup accelerators, support for technology transfer, and commercialization of scientific developments.

Japan’s experience in smart agriculture and agricultural education is also highly relevant for Uzbekistan. Cooperation in this area offers opportunities to modernize agriculture, increase water efficiency, boost productivity, and implement sustainable farming practices.

Thus, the President’s visit to Japan has already become an important driver in deepening and expanding economic cooperation between our two countries, contributing to fuller realization of partnership potential, modernization of Uzbekistan’s economy, and strengthening the presence of Japanese business in Uzbekistan. The strengthened strategic partnership will improve quality of life and broaden opportunities for future generations.

Nozimjon Ortikov,

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.

In the context of today’s global development, the competitiveness of states is determined прежде всего by their intellectual potential, modern education systems, scientific advancement, and innovative capabilities. In this regard, education, science, and innovation are gaining strategic importance in elevating cooperation among Turkic states to a fundamentally new level. These areas contribute not only to economic growth and human capital development, but also to strengthening spiritual closeness among peoples, creating a common civilizational space, and building a solid foundation for future progress.

In recent years, thanks to the efforts of the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, an entirely new atmosphere has emerged in relations with the Turkic states. In particular, large-scale projects implemented in the fields of higher education, science, and innovation are gradually becoming a practical mechanism for Turkic integration. Today, hundreds of inter-university agreements, joint educational programs, academic exchanges, and research projects are being implemented with Türkiye, Kazakhstan, Kyrgyzstan, Azerbaijan, and Turkmenistan.

Cooperation with Kazakhstan is among the most active areas in this regard. Currently, more than 280 agreements and memorandums are in force between higher education institutions of Uzbekistan and Kazakhstan. In recent years, student exchange between the two countries has increased significantly. In particular, during the 2025/2026 academic year, the number of Kazakh students studying at universities in Uzbekistan exceeded 1,000. At the same time, more than 5,500 Uzbek students are pursuing higher education in Kazakhstan.

The practice of opening branch campuses of universities has also marked a new stage in Turkic educational integration. The branch of South Kazakhstan University in Chirchiq and the branch of the National Research University “TIIAME” in Almaty are vivid examples of such important initiatives. These projects contribute not only to training qualified personnel, but also to developing common educational standards.

Cooperation with Kyrgyzstan is also developing consistently. In recent years, more than 90 agreements and memorandums have been signed between the universities of the two countries. In 2023, a forum of rectors was held in Osh, and in 2024 another forum took place in Samarkand, resulting in dozens of new agreements. These forums are becoming important platforms for shaping a common higher education space among the Turkic states.

Uzbekistan’s allocation of state grants for Kyrgyz youth is also of particular importance. Since 2021, 100 state grants have been allocated annually for citizens of Kyrgyzstan. This contributes to strengthening the integration of human capital through education.

In cooperation with Azerbaijan, cultural and educational initiatives occupy a special place. Universities of the two countries are implementing joint projects in philology, literature, arts, tourism, oil and gas studies, and medicine.

The operation of the Fuzuli Center for Azerbaijani Culture, Education and Research at the Tashkent State University of Uzbek Language and Literature, as well as the establishment of the Alisher Navoi Scientific Center in Baku, are vivid examples of the spiritual closeness between the two peoples. Such centers contribute to the in-depth study of the common literary and cultural heritage of the Turkic nations.

It should be emphasized that the joint study and promotion of the legacy of great ancestors plays an important role in strengthening the spiritual foundations of Turkic integration. In particular, the legacy of Alisher Navoi serves as a powerful spiritual bridge uniting Turkic peoples. On February 13, 2026, an international conference titled “Alisher Navoi — the Great Representative of Turkic Literature” was held at the TURKSOY headquarters in Ankara to mark the 585th anniversary of the poet’s birth. The event brought together representatives of science, literature, and diplomacy from across the Turkic world, as well as prominent scholars and cultural figures.

During the conference, TURKSOY Secretary General Sultan Raev described Navoi as the common conscience and civilizational symbol of the Turkic world. Discussions focused on researching Navoi’s works using modern scientific approaches, studying manuscripts, and expanding publishing and translation activities. In particular, the full publication of the “Khamsa” in Azerbaijani and the translation of “Mahbub ul-Qulub” into several Turkic languages demonstrate that Navoi’s legacy has become a shared spiritual treasure of the Turkic world.

As part of the conference, international scientific projects implemented by the Tashkent State University of Uzbek Language and Literature were presented. In addition, the awarding of TURKSOY medals to several Uzbek scholars and cultural figures for their contributions to Turkic culture and literature became a high recognition of spiritual cooperation.

Turkology occupies a special place in the scientific and cultural cooperation among Turkic states. The International Conference on Turkological Studies dedicated to the 100th anniversary of the First Turkological Congress, held on April 8, 2025, at Baku Slavic University, demonstrated that cooperation in this sphere is reaching a new level. The event brought together representatives of the Azerbaijan National Academy of Sciences, leaders of universities from Türkiye, Kazakhstan, and Uzbekistan, prominent scholars, and a delegation from Namangan State University. Discussions focused on promising directions in Turkological research, the study of shared historical and cultural heritage, and the expansion of international academic cooperation.

Humanitarian and scientific cooperation with Turkmenistan is also developing harmoniously. Joint research, olympiads, international conferences, and scientific projects are regularly organized between Uzbek and Turkmen scholars. In particular, the launch of a joint scientific project competition and the financing of four joint research initiatives starting from 2024 are of great significance.

Cooperation with Türkiye has become one of the largest and most institutionalized dimensions of Turkic integration. In recent years, more than 200 cooperation agreements have been signed between higher education institutions of Uzbekistan and Türkiye. Dozens of new projects have also been launched within the framework of rectors’ forums between the two countries.

Joint educational programs, technoparks, and projects in engineering and high technologies are being implemented with leading Turkish universities. In particular, training courses on drone technologies organized in cooperation with the company TUSAŞ, the establishment of an innovative educational and industrial technopark based on the “Yildiz” technopark concept, and the activities of the branch campus of the Turkish University of Economics and Technology in Tashkent are creating a new model of Turkic innovation cooperation.

Today, the integration of Turkic states is no longer limited to cultural proximity or historical commonality. It is gaining new substance through innovation, startups, digital technologies, artificial intelligence, engineering, and scientific research. Joint scientific project competitions conducted between Uzbekistan and Türkiye in cooperation with TÜBİTAK are a practical manifestation of this process.

At the same time, initiatives are being advanced to strengthen academic mobility among Turkic states, ensure mutual recognition of diplomas and qualifications, create unified educational platforms, and establish scientific journals and research funds. Most importantly, these processes are driven by the idea of investing in human capital, educating younger generations on the basis of shared values, and ensuring intellectual unity. In the 21st century, the fate of nations is determined not by oil or gas, but by knowledge, technology, and innovation.

In this sense, cooperation in education, science, and innovation is becoming the most sustainable, promising, and powerful driver of integration among Turkic states. This process not only brings Turkic peoples closer together, but also contributes to the emergence of a new intellectual and technological center across the Eurasian region.

One of the important factors elevating Turkic integration to a new stage is the strengthening of institutional cooperation among higher education institutions. Uzbekistan’s chairmanship of the Union of Turkic Universities — TÜRKÜNİB — during 2025–2026, an organization uniting more than 100 universities, clearly demonstrates the country’s active and initiative-driven policy in this area.

On October 15, 2025, the 8th General Assembly of TÜRKÜNİB was held at Tashkent International University within the framework of the “Days of Turkic Science and Innovation.” The event was attended by the Secretary General of the Organization of Turkic States, Kubanychbek Omuraliev, President of the Turkic Academy Shahin Mustafayev, representatives of the OTS and TURKSOY leadership, university rectors, scholars, and representatives of international organizations. Around 200 delegates from 69 universities of Azerbaijan, Türkiye, Kazakhstan, Kyrgyzstan, Hungary, Northern Cyprus, and Uzbekistan participated in the Assembly.

During the event, the results of the “TurkBarometer” project were presented, and socio-political processes and integration trends within the Turkic states were discussed. Meetings held in the U2U — “University-to-University” — format served as a practical platform for establishing new inter-university partnerships.

Today, one of the important institutional platforms contributing to the formation of a unified academic space among Turkic states is the International University of Turkic States established in Tashkent. The university operates with the aim of deepening cooperation in education, science, and innovation among Turkic countries, training modern specialists, and developing joint scientific research.

The university’s academic programs, governance model, and educational processes are being developed based on the principles of mutual integration among Turkic states. In addition, the institution serves as an important platform for expanding academic exchange among faculty members and students, as well as for implementing joint educational programs and scientific projects.

Integration among Turkic states is no longer confined solely to education and science. Youth policy, student exchange, and sports diplomacy are also becoming important components of this process. In particular, at the 3rd Turkic States Universiade held in Cholpon-Ata, Kyrgyzstan, in September 2025, the Uzbek delegation participated with 80 student-athletes across seven sports disciplines. These competitions contribute to strengthening friendship and solidarity among the youth of Turkic countries, fostering a healthy competitive environment, and developing a shared youth space.

Today, cooperation among Turkic states in the fields of education, science, and innovation is becoming one of the key drivers of common development. Relations strengthened through universities, scientific centers, academic platforms, and youth initiatives are helping to unite the intellectual potential of the Turkic world.

Importantly, these processes are not limited to current interests or short-term projects. Their significance lies in the creation of a common space of knowledge and development for future generations. Convergence in science, innovation, and modern technologies plays a crucial role in enhancing the international competitiveness of Turkic states.

Today, the intellectual cooperation developing among Turkic states is bringing not only universities and research institutions closer together, but also the peoples themselves. This creates an opportunity to build a new model of modern development based on shared history and spiritual heritage.

In this regard, education, science, and innovation are becoming the strongest spiritual and intellectual bridge connecting the common future of the Turkic states.

Nazokat ABDUQUNDUZOVA, Head of the Information Service
Ministry of Higher Education, Science and Innovation

Dear compatriots!

I cordially congratulate you, all our multinational people with the Constitution Day of the Republic of Uzbekistan celebrated on December 8.

Undoubtedly, this year we all feel the significance of this holiday especially deeply. After all, above all, it takes place in the context of historic transformations in the political-legal, socio-economic and spiritual spheres of our life. 

It should be emphasized once again that the elections to the Oliy Majlis and local Kengashes, held in the spirit of open and competitive contest on October 27 this year, became an important step towards the implementation of our updated Fundamental Law. As a result of the elections, which vividly demonstrated the high political culture, unity and cohesion of our hardworking and tolerant people on the path of building the New Uzbekistan, a new system of representative power has been formed in the country. Its constitutional rights and powers have been strengthened and its responsibility has increased manifold.

One more important aspect: we have moved from the practice of the recent past, when khokims were simultaneously in charge of local councils, to a new system in which, for the first time, councils are headed by chairmen elected among deputies. 

The transfer of more than 30 powers of khokims to local councils testifies to an even broader establishment of the principles of democracy in our society.  

In accordance with the constitutional provision that the people are the only source of state power, we will resolutely continue our reforms aimed at expanding the powers of the Parliament and local Kengashes, further increasing their activity, creating the necessary conditions for effective activity, in short, turning them into the true voice of the people. 

Dear friends!

Large-scale measures are taken in the country for consistent implementation of the priority principles of ensuring human rights, interests and dignity enshrined in the Fundamental Law. 

Thanks to the selfless labor of our people, in recent years the national economy has doubled, the per capita income has reached 3 thousand dollars, the poverty rate has decreased from 23 to 11 percent, the coverage of preschool education has exceeded 74 percent, higher education - 39 percent, and this is undoubtedly a historic result. 

In order to dynamically continue the reforms, to apply in practice the norms of the Constitution in the new edition, the issues of entrepreneurship development and, on this basis, increasing the population's income, strengthening the atmosphere of mutual respect and harmony in families and mahallas, and comprehensive support for representatives of the older generation, women and youth will continue to be at the center of our attention. 

The Fundamental Law stipulates that Uzbekistan is a social state, therefore, further improvement of cities and villages, construction of new residential buildings, health care, education, culture, art and sports institutions, modernization of road and communication networks, strengthening of targeted social protection will be of paramount importance for us. In particular, the priority task is to increase twofold the amount of funds allocated to the health sector, transition to a health insurance system and provide the population with fully guaranteed medical services. 

Within the framework of programs in the field of education, we will bring the coverage of higher education to 50 percent in the coming years. In 2025 alone, 4 trillion soums will be allocated from the state budget for the repair of existing kindergartens and construction of new kindergartens and schools.

Another important area is support for those in need of social protection, for which it is planned to allocate a total of 46.5 trillion soums and lift 1 million citizens out of poverty.

We will also raise to a new level the work on creating even more favorable conditions for persons with disabilities, their socialization, and in general on ensuring inclusiveness in society. Necessary measures will also be taken to reform the pension system. 

As you know, the new version of the Fundamental Law for the first time enshrines the rights of citizens in the sphere of ecology, emphasizing the state's obligations to protect the environment and maintain the ecological balance. 

We have declared 2025 the Year of Environmental Protection and Green Economy in the country and have set clear objectives in this field. I am confident that this will serve as an important basis for implementing the relevant constitutional norms and principles. 

I take this opportunity to urge you, dear compatriots, all our people to take an active part in the development and implementation of the State Program of the coming year. 

We have no right to forget that the protection of nature is the protection of the humans, our future. We must protect our priceless wealth - fertile fields, clean springs, rivers and lakes, mountains and plains, create new gardens and parks, green territories, so that our motherland Uzbekistan becomes even more beautiful, and future generations live in a free and prosperous country. 

Dear compatriots!

Our Constitution has always been and remains a reliable guarantor of strengthening national independence, preserving peace and stability in the country, interethnic friendship and harmony, ensuring the irreversibility of the ongoing reforms. 

We are proud of our Fundamental Law - a vivid symbol and practical embodiment of the legal consciousness and will of the people. I believe that studying every article, every norm of this unique legal document, showing respect for them should become a sacred duty and a life principle for all of us. 

I am convinced that by working in good faith, recognizing our responsibility, we will be able to further increase the effectiveness of the reforms carried out and will definitely achieve the great goals before us.

Once again I sincerely congratulate you, dear compatriots, with Constitution Day, wish you all health, peace and prosperity to your families.

May the authority and glory of our Motherland grow!

May the people of Uzbekistan - the creator of all our achievements - be happy! 

Shavkat Mirziyoyev,

President of the Republic of Uzbekistan