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Further tasks for the development of competition were discussed
📅 06.08.2024
On August 5, President Shavkat Mirziyoyev familiarized himself with the presentation of measures aimed at developing competition.
The ongoing efforts to reduce the state presence in the economy and curb large monopolies have a positive impact on the competitive environment. In particular, over the last five years the competitive environment has improved in more than 25 goods. Exclusive rights that restricted competition in 7 types of activities have been abolished. The number of enterprises with state participation decreased by 42 percent, while the number of private business entities increased by 1.6 times.
Last year the Law "On Competition" was adopted in a new version. The Committee for Competition Development and Consumer Protection was given additional effective powers. According to the studies conducted on this basis, in some organizations there are such phenomena as anticompetitive decision-making, direct contracts, use of dominant position in trade.
In this regard, a Competition Development Framework has been developed to enhance the coverage and effectiveness of competition in this area. This concept defines further tasks to reduce government involvement in the economy, liberalize market access and create a level playing field for entrepreneurs.
Thus, it is planned to abolish regulations and redundant requirements that impede the free access of business entities to markets. It is envisaged to introduce relaxations aimed at reducing the regulatory burden, in particular, permitting procedures and licenses will be replaced by compulsory liability insurance.
Independent market regulators will be introduced in the spheres of natural monopolies. The participation of natural monopoly entities will be limited in commodity markets related to natural monopolies and where there is an opportunity to develop competition.
The scale of direct public procurement will be reduced, and it will be completely switched to competitive methods. It is envisaged to abolish the provision of state aid of an individual nature that restricts competition, including exclusive rights, privileges, preferences and relaxations.
By means of mutual integration of information systems of state bodies, digital monitoring of all links in the chain of pricing of socially important products will be established. A system of non-disclosure and encouragement of persons who have provided information on cases of anticompetitive agreements and actions, collusions will be introduced.
In general, as a result of the implementation of this concept, measures will be taken to gradually eliminate 17 types of state monopoly in a number of areas, such as energy, oil and gas sector, water management, road construction, railroad and airport services. Anti-competitive actions in public procurement will be curbed and transparency of these processes will be ensured. Commodity exchanges will increase supply and expand the choice opportunities for buyers.
The President gave additional instructions to continue work in this area, to ensure free market principles, and to develop entrepreneurship. The need to reduce the state's share in the economy and to gradually transfer certain functions to the private sector was emphasized. The task has been set to constantly analyze the state of competition on commodity, financial and digital markets and to make proposals to improve procedures.
Over the last three years, over 2,000 acts contradicting the competition law have been identified locally. In most cases, these are documents of local khokimiyats and ministries. In this regard, it was noted that it is necessary to intensify the work of territorial departments of the Committee for Competition Development and improve the qualification of personnel.
It was also pointed out the importance of increasing openness and strengthening the work on publicizing the activities of the Committee. It was emphasized that this is important to prevent violations of the law and to create a transparent environment.
Proposals on further development and increase of competitiveness of the jewelry industry were considered
📅 19.06.2024
President Shavkat Mirziyoyev was given a presentation on measures to further develop the jewelry industry, support jewelry production and sales, and increase exports of finished products.
Our country has a huge potential for increasing production and export of jewelry.
As the head of state noted, only 6 percent of gold mined in the country is processed, and exports of its products amount to only 78 million dollars, so it is important to create jewelry zones with special conditions for entrepreneurs, to review the provision of raw materials, training of specialists, production chain and sales system.
In this regard, the Ministry of Economy and Finance and the Chamber of Commerce and Industry have developed relevant proposals.
In particular, it is planned to improve the activity of the Uzbekzargarsanoati association, expand its powers and reorganize the management system.
In order to support manufacturers of the industry, it is proposed to apply the benefits provided for members of the Association "Uzbekzargarsanoati" to individual entrepreneurs - manufacturers of jewelry, who are members of the Association "Uzbekzargarsanoati".
The possibility of establishing a zero rate of customs duty and value added tax on equipment, packaging and marking materials that are not produced in Uzbekistan and used in the jewelry industry for the period up to October 1, 2026 is being studied.
The issues of creation of special jewelry centers including production, exhibition and trade areas were considered. Information was provided on the placement of pilot projects in Tashkent and Namangan region.
The issue of increasing the volume of jewelry exports was discussed. It was proposed to establish a zero rate of customs duty for export of jewelry made in our country to the United States of America under the GSP system.
The head of state instructed to finalize the presented measures and work out a program for the development of domestic jewelry production for the period up to 2027.
The "Vatandoshlar" Public Foundation announces a competition for young compatriots abroad to visit the "Anor" summer resort in Uzbekistan!
📅 03.06.2025The text of the article is in Uzbek!
Uzbek–Finnish Cooperation: New Dynamics and Practical Areas of Partnership
📅 29.10.2025
The resilience of Finland’s development model and the dynamism of Uzbekistan’s reforms provide a solid foundation for deepening bilateral cooperation. Finland combines technological leadership, efficient governance, and a robust social policy. Its mixed model of development with strong public regulation and an active private sector is based on long-term planning, technological excellence, and social equality.
A balanced economic policy keeps inflation at 2–3%, while maintaining a high AA+ credit rating. The national research infrastructure is funded as a key element of state strategy. Total spending on research and development exceeds 3% of GDP, reaching €8.4 billion in 2023, up 6.3% from the previous year. The contributions came from the public sector, universities, and private business.
Finland’s economy remains open and export-oriented. In 2024, foreign trade reached €146.5 billion, including €72.2 billion in exports and €74.3 billion in imports. Its technological specialization, advanced digital environment, and high human capital create a predictable setting for investors.
At the same time, Uzbekistan has become a driver of reform in Central Asia over the past eight years. The country’s GDP has doubled to reach $115 billion. Since 2017, fixed capital investments have totaled $240 billion, with over $130 billion coming from foreign sources. International reserves exceed $48 billion. The structure of production has evolved: the share of industry rose from 20% to 26%, services from 44% to 47%, and labor productivity increased by 45%. Regulatory reforms expanded the space for private capital, while transport and energy infrastructure projects established a new foundation for industrialization and export growth.
As a result of these reforms, Uzbekistan’s trade with the European Union has entered a stable growth trajectory. Between 2017 and 2024, trade turnover between Uzbekistan and the EU increased 2.4 times from $2.6 billion to $6.4 billion. In 2024, exports rose by nearly 27% compared to 2023, while imports remained at a comparable level.
A New Stage of Political and Economic Relations
Particularly strong momentum has emerged in Uzbek–Finnish relations. Regular high-level contacts have given fresh impetus to the bilateral dialogue. On 12 November 2024, on the sidelines of the COP29 Summit in Baku, President of Uzbekistan Shavkat Mirziyoyev met with President of Finland Alexander Stubb. The two leaders discussed prospects for cooperation in the fields of the green economy, renewable energy, innovation, and education, and exchanged views on sustainable development and climate policy.
The political dialogue continued with a telephone conversation on 9 September 2025, during which the heads of state explored ways to expand economic and humanitarian cooperation. Furthermore, an official visit of the President of Finland to Uzbekistan is expected in late October 2025, aimed at consolidating earlier agreements and opening new areas of partnership.
This process is creating a favorable foundation for strengthening trade and economic ties, introducing Finnish technologies, and attracting investment into Uzbekistan’s priority sectors. From 2019 to 2024, bilateral trade more than tripled to reach $152 million. Uzbekistan’s exports to Finland increased almost 17 times to $4.73 million, while imports from Finland nearly tripled to $147 million. Over the past year alone, Uzbek exports to Finland grew by 56%, and imports rose 3.2 times. From January to August 2025, trade volume exceeded $68 million.
Trade flows reflect each country’s comparative advantages: Uzbekistan supplies industrial goods and services, while Finland exports machinery, transport equipment, chemicals, and food products.
Prospects for Cooperation
The emerging agenda for trade and economic cooperation draws on Finland’s experience in engineering, clean technologies, digital healthcare, education, and R&D management – areas closely aligned with Uzbekistan’s goals for technological renewal, energy efficiency, and human capital development. At the same time, Uzbekistan’s favorable business climate and major infrastructure projects are reducing operational costs for foreign companies.
Given Uzbekistan’s development priorities and conducive investment conditions, there is significant potential to further deepen Uzbek–Finnish cooperation across several areas. According to the Center for Economic Research and Reforms, Uzbekistan’s exports to Finland could expand even in the short term, particularly in sectors where Uzbek producers have existing capacity and advantage – textiles and garments, fruits and nuts, footwear, leather goods, stone and cement products, as well as copper and semi-finished copper products.
Logistics could be organized through the ports of Helsinki and HaminaKotka, with Turku as a potential reserve. Distribution channels could be developed via major retail networks and distributors, including Kesko and S Group. Key success factors include certification under EU standards, stable supply chains, and regular contracts.
Industrial cooperation should move toward deeper processing with full production cycles, for example, in knitwear, wool, and leather, from spinning and dyeing to finished apparel. Potential partners include Finnish companies such as Lapuan Kankurit and Pirtin Kehräämö, as well as the Aalto University School of Arts, Design and Architecture. In agriculture, joint breeding programs using Finnish sheep lines and supported by LUKE (Natural Resources Institute Finland) could strengthen the raw-material base of Uzbekistan’s textile clusters.
In the digital and green transformation sphere, collaboration could extend to telecom infrastructure and critical systems management with companies such as Nokia. In energy, there is potential for cooperation in localizing components for solar installations and storage systems, developing smart grids, and improving generation efficiency in hot climates, with participation from Finnish firms Valoe, Fortum Solar, and Wärtsilä.
For research and materials science, engaging institutions such as VTT and LUT University would help build a sustainable technological and human-resource base in Uzbekistan, while opening new regional export niches.
In mechanical engineering, cooperation could develop with Metso and Valmet on equipment components, servicing, and partial localization. In logistics and cargo handling solutions, Finnish companies Konecranes and Cargotec offer relevant expertise. In climate monitoring and water-chemical solutions, potential partners include Vaisala and Kemira.
A cross-cutting priority remains human capital. Joint programs with the University of Helsinki, Tampere University, and University of Oulu are needed to establish industrial internships and introduce Finnish methods for training engineers, technologists, and quality specialists for high-tech industries.
At the institutional level, further progress will require harmonizing border procedures, launching green corridors, implementing digital customs systems, and ensuring mutual recognition of certificates. It will also be important to develop industrial and agro-processing clusters, logistics hubs, and training programs for workforce development.
In the near future, Uzbek–Finnish cooperation may reach a stable, long-term trajectory. For Finland, Uzbekistan represents a reliable supplier of manufactured goods and components, and a new market for technology and equipment. For Uzbekistan, deeper cooperation provides access to advanced solutions and Northern European distribution channels.
In conclusion, the combination of Finland’s effective governance model, innovation, and environmental responsibility with Uzbekistan’s large-scale reforms creates a strong foundation for joint practical projects in manufacturing, energy, telecommunications, and education. Such a partnership can not only enhance the technological level of Uzbekistan’s economy but also give new quality to Uzbek–Finnish relations – anchored in long-term, sustainable, and mutually beneficial development.
Afzal Artikov,
Chief researcher,
Center for Economic Research and
Reforms under the Administration
of the President of the Republic of Uzbekistan
Uzbekistan and the United States: The Economics of Mutual Interest
📅 16.10.2026
Ahead of U.S. Secretary of State Marco Rubio’s planned visit to Samarkand for the C5+1 summit, the Center for Economic Research and Reforms has examined the outlook for the Central Asia–U.S. platform and opportunities to further expand Uzbek-American cooperation.
History of Visits
Visits by U.S. secretaries of state to Uzbekistan date back to February 1992. John Kerry’s visit to Samarkand on November 1, 2015, was particularly significant: it brought together the foreign ministers of the five Central Asian countries and the United States for the first time, launching the C5+1 platform. Secretary of State Marco Rubio’s upcoming trip continues the established practice of combining bilateral talks with regional dialogue.
The U.S. secretary of state is expected to arrive in Samarkand in mid-October 2026, leading a delegation representing more than 200 American companies. A C5+1 ministerial meeting has been announced, with the foreign ministers of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan set to participate. Its stated priorities are regional economic connectivity, energy security, and joint responses to shared regional challenges. Talks with Uzbekistan’s leadership are also planned.
For Uzbekistan, the visit offers an opportunity to advance projects already agreed upon, attract technology, and improve access to international capital. The scale of the announced business delegation provides additional scope to pursue these objectives.
The Evolution of Central Asia Plus Frameworks
Regional frameworks involving external partners are becoming a regular feature of Central Asian diplomacy. In April 2025, Samarkand hosted the first Central Asia–European Union summit, which elevated relations to a strategic partnership. The second summit with China took place in Astana in June of the same year, followed by the first summit with Japan in Tokyo in December and the first summit with the Republic of Korea in Seoul in September 2026.
These platforms share much of their economic agenda: transportation, energy, critical raw materials, industry, and digital technology.
The C5+1 platform provides a dedicated channel for engagement with American businesses and financial institutions. Established in 2015, it covers the economy, energy and the environment, and security. A regional approach allows participants to address issues that extend beyond any single country, including transit, cross-border infrastructure, and supply chain resilience.
Bringing the five countries and prospective American investors together on one platform helps align national projects with the regional conditions needed to implement them.
Outcomes of the First C5+1 Summit
The first presidential-level C5+1 summit took place in New York on September 19, 2023. The inaugural Critical Minerals Dialogue followed in February 2024, and the first B5+1 business forum was held in Almaty in March. The latter created a channel for businesses to contribute to discussions on the investment climate and regional economic integration. The political platform thus gained both an industry-focused mechanism and a forum for business engagement.
The summit held at the White House on November 6, 2025, strengthened the commercial dimension of cooperation. According to the U.S. Department of Commerce, trade and investment agreements worth more than $25 billion across Central Asia were announced at the accompanying business conference. They cover aviation, agricultural machinery, rail infrastructure, digital technology, and critical minerals extraction.
At the summit, President Shavkat Mirziyoyev proposed closer coordination on investment and trade, the development of transport and energy projects linking Central Asia with the South Caucasus and Europe, and cooperation in the exploration, extraction, and value-added processing of critical minerals. His proposals also included holding the next summit in Samarkand.
The practical question for the next stage is whether high-level decisions are backed by adequate project preparation and financing. In aviation, this means aircraft delivery and operation; in industry, the construction and commissioning of production facilities; and in raw materials, the adoption of processing technologies and agreements with buyers.
Bilateral Meetings and New Investment Mechanisms
Regional cooperation rests on direct dialogue between Uzbekistan and the United States. During Uzbek President Shavkat Mirziyoyev’s official visit to the United States in May 2018, he held talks with U.S. President Donald Trump at the White House, and the two countries adopted a joint statement marking the start of a “new era of strategic partnership.” The presidents met again in New York in September 2025 and held talks in Washington on November 6. In February 2026, the Uzbek president visited the U.S. capital for the inaugural meeting of the Board of Peace, with new bilateral agreements signed as part of the visit’s business program.
One outcome of the November talks was the establishment of the U.S.–Uzbekistan Business and Investment Council. It is co-chaired by Saida Mirziyoyeva, Head of Uzbekistan’s Presidential Administration, and Sergio Gor on the American side. The Council’s responsibilities include supporting major trade and investment projects, monitoring the implementation of agreements, mobilizing financing, and promoting the services of IT Park resident companies, among other tasks.
The initial public offering (IPO) of the Uzbekistan National Investment Fund, or UzNIF, opened another channel to international capital. Its global depositary receipts were admitted to trading on the London Stock Exchange on May 18, 2026. Managed by Franklin Templeton since 2025, the fund holds stakes in 13 state-owned enterprises. For Uzbek-American cooperation, its significance lies in the involvement of an American investment manager in transforming a portfolio of state-owned assets and improving access to global equity markets.
BlackRock represents another area of engagement. In Davos in January 2026, President Shavkat Mirziyoyev discussed the acquisition of stakes in Uzbek enterprises and joint investment projects with BlackRock’s leadership. At a meeting in Tashkent on July 7, the priorities identified included privatization, financial markets, the fuel and energy sector, petrochemicals, and artificial intelligence technologies. These talks broaden opportunities for engagement with institutional investors.
A significant step has also been taken in cooperation with the U.S. International Development Finance Corporation (DFC). In February 2026, the parties agreed on the key terms for establishing a joint investment partnership. On June 16, DFC announced the launch of a U.S.–Uzbekistan investment platform involving the U.S. Export-Import Bank, Uzbekistan’s Ministry of Investment, Industry and Trade, and its Fund for Reconstruction and Development.
The platform’s priorities include energy, critical minerals, infrastructure, transportation and logistics, advanced manufacturing, information and communications technology, and pharmaceuticals. It is designed to attract private capital and participation from other financial institutions. Its significance lies in creating a mechanism to select and finance projects. This gives the October meeting a concrete basis for discussions on individual projects, their readiness, and the terms of partner participation.
Critical Minerals and Processing Opportunities
In September 2024, Uzbekistan and the United States signed a memorandum on a critical minerals partnership linked to initiatives from the 2023 C5+1 summit. In February 2026, the two countries signed an intergovernmental memorandum at the ministerial level on securing supplies through the extraction and processing of critical minerals and rare earth elements.
For Uzbekistan, the greatest returns are likely to come from developing production with higher added value. Where feasible, extraction should be complemented by ore beneficiation and further processing to produce materials that meet industrial customers’ requirements. The extent of processing, access to technology, training for local specialists, and the share of operations carried out domestically are therefore important considerations in evaluating joint projects.
Trade Trends and the Structure of Economic Ties
According to Uzbekistan’s National Statistics Committee, trade between Uzbekistan and the United States increased 4.7-fold between 2017 and 2025, from $215 million to approximately $1 billion. Exports rose from $32.1 million to $291.7 million, while imports increased from $182.9 million to $712.3 million. This trend reflects expanding ties, with purchases of American goods and services continuing to account for the larger share of bilateral trade.
In January–August 2026, bilateral trade reached $810.4 million, up 33.4% from the same period in 2025. Uzbekistan’s exports totaled $304.5 million, an increase of 59.9%, while imports reached $506 million, up 21.3%. The U.S. share of Uzbekistan’s total foreign trade rose from 1.1% to 1.4%.
Services accounted for $224.8 million, or 73.8%, of exports during the first eight months of 2026. Machinery and transport equipment contributed $44.8 million, while mineral fuels and related products accounted for $17.6 million. Machinery and transport equipment were the largest import category at $272.5 million, or 53.9%, followed by services at $84.1 million and chemical products at $73.5 million.
As of September 1, 2026, 377 companies with American investment were operating in Uzbekistan. The American business presence and joint projects span manufacturing and mining, energy and petrochemicals, agriculture, construction, and services, including information technology.
Total foreign direct investment and loans attracted from the United States exceeded $2.9 billion over 2017–2025. The annual figure rose from $8.6 million in 2017 to $383.2 million in 2025.
Conclusion
Given the announced agenda and the mechanisms already established, the most likely focus of the talks is advancing investment projects, energy infrastructure, and regional connectivity.
The partnership’s further development depends primarily on implementing the agreements already reached. Investment and modern technology create opportunities to upgrade production, raise productivity, and expand exports. For Uzbekistan, the long-term value of this cooperation lies in strengthening its industrial capacity, creating skilled jobs, and reaching new markets.
Regional dialogue also complements bilateral engagement by enabling countries to address transportation, energy, and trade issues together. Coordinated work in these areas can improve business conditions and make economic ties more resilient. The upcoming talks offer an opportunity to identify the next priorities and translate the existing partnership into further practical cooperation.
Overall, C5+1 allows Uzbekistan to connect its bilateral relations with regional transport and energy priorities, broaden its investor base, and strengthen its participation in international production networks. The forthcoming meeting in Samarkand could consolidate this shift toward project implementation.
Khurshed Asadov
Deputy Director of the Center for Economic Research and Reforms
Tashkent as Central Asia’s Investment Capital: What to Expect from the Fifth International Investment Forum
📅 11.04.2026
The Fifth Tashkent International Investment Forum will take place on June 16–19, 2026. This year’s theme – “Investment Resilience: New Frontiers, New Partnerships” – frames the agenda around a set of pressing questions: how to protect capital amid global uncertainty, what institutional mechanisms enhance investment resilience in frontier markets, and where the new partnership routes lie.
The forum’s context is set by macroeconomic results. According to the National Statistics Committee, Uzbekistan’s GDP grew by 7.7% in 2025 and exceeded $147 billion – the fastest pace since 2021 and among the highest in the Europe and Central Asia region. Fitch Ratings and S&P Global upgraded the country’s sovereign rating from BB– to BB for the first time, while Moody’s revised its outlook to “positive.” International reserves, per the Central Bank, surpass $77 billion. Exports rose 24% to $33.8 billion. Foreign direct investment increased by 46.9%, with FDI accounting for 40.5% of total capital investment. For an economy that attracted only $4 billion in annual foreign investment in 2017, the surge to $42 billion by 2025 represents a fundamentally different scale of growth. This tenfold increase over eight years underscores a profound transformation in the nation's investment landscape.
The forum is scaling alongside the economy. Last year’s TIIF drew over 8,000 participants, including some 3,000 international delegates from 97 countries. Guests included Bulgarian President Rumen Radev, Slovak Prime Minister Robert Fico, heads of government from all Central Asian states, EBRD President Odile Renaud-Basso, and New Development Bank President Dilma Rousseff. The aggregate value of signed investment contracts and trade agreements reached $30.5 billion. Yet what best speaks to the platform’s maturity is not the number of signings but the conversion rate – the share of agreements that translate into operating assets is increasingly the metric that matters to returning investors.
The centrepiece of this year’s forum will be the Tashkent International Financial Centre (TIFC), established by presidential decree in March 2026. Behind the headline sits a specific institutional architecture: a special legal regime based on common-law principles, a dedicated financial services regulator, an arbitration centre (TIAC), and tax exemptions through 2076. TIFC is part of a global trend toward specialised financial hubs that offer international market participants a familiar legal environment and regulatory predictability. Its defining feature is integration within the country’s legal framework: the centre operates under a special legal regime rather than creating a separate jurisdiction, reducing regulatory fragmentation and simplifying engagement with the domestic economy. A panel session featuring leaders of major global financial centres and international investors operating in Uzbekistan will address the central question: what are the practical conditions under which TIFC can attract international market participants.
The TIIF 2026 programme is structured around four thematic pillars: investment resilience and capital protection mechanisms, financial infrastructure and capital market development, trade connectivity and logistics corridors, and energy transition and climate finance. Key sessions include a discussion of the regulatory framework for alternative investment funds (a legal basis for private equity and venture capital being adopted for the first time), a panel on the Middle Corridor and trans-Caspian logistics, a session on sovereign ratings across Central Asia, and a practitioner-led workshop on blended finance instruments in frontier markets. A dedicated arbitration and dispute resolution track features two panel sessions co-organised with the Tashkent International Arbitration Centre (TIAC), the British-Uzbek Legal Association (BrULA), and the British Embassy. Topics range from the institutional design of Uzbekistan’s arbitration ecosystem – including the innovative Dispute Avoidance Protocol (DAP) – to the country’s positioning within the global investment protection architecture: ISDS frameworks, bilateral investment treaty reform, and New York Convention enforcement.
The energy agenda warrants particular attention. Uzbekistan has set an ambitious target of raising the share of renewables in electricity generation to 54% by 2030. Currently, the country operates solar and wind facilities with a combined installed capacity exceeding 4 GW, with a project pipeline envisaging an additional 19 GW of green capacity. Alongside this, the public-private partnership mechanism continues to develop: as of early 2025, PPP agreements worth approximately $28 billion had been signed in the country. For investors, this represents a large, structured market with standardised PPA contracts and a clear entry mechanism – a subject that will be examined in detail during the forum’s energy panel.
TIIF 2026 retains its bilateral business forum format, reflecting the expanding geography of Uzbekistan’s economic partnerships. Confirmed platforms include business forums with the Republic of Korea, the United States, Croatia, Hungary, Turkey, and Albania, as well as a China–SCO countries investment dialogue; the lineup continues to grow as the event approaches. The plenary session featuring heads of state and government will set the tone for the business programme. Running in parallel is an exhibition of industrial and investment potential spanning approximately 6,000 sq m – in 2025, a comparable facility facilitated over 500 B2B and B2G meetings for 100 participating companies.
At the same time, the forum agenda implicitly flags unresolved challenges. The corporate governance session raises the question of transitioning from concentrated to dispersed ownership – a process without which the stock market will remain illiquid. The discussion of privatisation and state asset IPOs calls for a candid conversation about pacing and institutional quality. The responsible business conduct panel, anchored in OECD standards, recognises that tax incentives alone are insufficient for accessing institutional capital – what is needed is verifiable supply chain transparency and functioning National Contact Point mechanisms.
The business programme is complemented by networking formats: an FIC and EY business breakfast on digitalisation and AI, the annual SQB Investor Day, an ESG Award ceremony, and the European Business Evening. The informal component – an invitational tennis tournament, TIIF Open, and an evening run – is designed for delegates who prefer to build relationships beyond the conference hall. The anniversary evening concludes with a collaboration with the Stihia electronic music festival – a detail that captures the tone in which Uzbekistan presents itself to an international audience.
For Uzbekistan, TIIF has long ceased to be a showcase. It is a working instrument of investment policy, whose effectiveness is measured not by the number of signing ceremonies but by the volume of capital that actually enters the economy between forums. The fifth, anniversary edition takes place at a moment when the country is simultaneously launching an international financial centre, adopting an alternative investment funds law, and receiving a sovereign rating upgrade – a convergence that creates a window of opportunity for investors prepared to operate in frontier markets with a growing institutional base.
Surkhandarya the cradle of ancient civilizations
📅 26.06.2025
5 reasons to visit Surkhandarya:
- Explore mountain and ecotourism in the region
- Explore monuments of the distant past
- Learn About Religious Monuments
and cult complex of Sultan Saodat, the Buddhist cult center of Karatepa, the Buddhist temple complex of Fayaztepa, the Jarkurgan minaret, and the Buddhist stupa of Zurmala are the oldest religious monuments of the Surkhandarya region.
- Immerse yourself in the cultural heritage of the region
The folklore festival “Boysun Bahori” (“Boysun Spring”) is held here annually, which reflects the unique rituals, traditions and special culture of the people.
- Taste the national cuisine of the region
Here meat is included in almost all dishes. One of the most delicious dishes of this region is Tandoor Gusht.
Also popular is the dish Chuponcha - shepherd's meat, which is prepared from fresh dairy lamb.
The history of the Surkhandarya region has ancient roots dating back to the beginning of great civilizations. This unique place in Uzbekistan is known for its historical monuments and beautiful nature. The region is located in the foothills of Hissar, Bobotaga, Cohitang, which are famous for their beautiful
landscapes and unique natural formations. The rich reserves of mineral water found in the region are an important source of recreation and have healing properties. A trip to Surkhandarya, will be a fascinating experience, during which you can get acquainted with the unusual landscapes of Uzbekistan, see colorful architecture, and immerse yourself in the unique culture of this region.
Canyon Kyzyl
The Canyon Kyzyl, is located in the Surkhandarya region near the village of Baysun and is translated as “Red Canyon”. The length is 30 kilometers, and the highest point is Mount Buritakht, 1218 meters high. Here, nature has created breathtaking labyrinths, stretching for several tens of kilometers, and every turn of the relief, reveals amazing landscapes. In the spring season, the appearance of the canyon differs from the usual harsh stone appearance, since the surface is completely covered with different vegetation, among which rare medicinal herbs can be found. This place is truly amazing and deserves the status of one of the wonders of Uzbekistan.
Cave Boy-Bulok
In the Chul-Bair Mountain range, located in the Surkhandarya region, there is an amazing cave, called Boy-Bulok. It is considered the deepest in the entire Asian continent and reaches a depth of an impressive 1415 meters. Boy-Bulok is located 60 kilometers from the regional center of Baysun, and is a technically complex facility classified as the fifth complexity category.
In 1985, the first study of this unique place was carried out. Various obstacles were found inside the cave, including vertical bends, narrow vertical shafts up to 180 meters deep, and water-filled passages called half-siphons and siphons. Boy-Bulok has an impressive size that extends both down to a depth of minus 1158 meters, where the impenetrable siphon is located, and up to 359 meters. The very impressive amplitude – is 1517 meters.
Boy-Bulok, located at a depth of 1283 meters, is connected with Vishnevsky Cave. These two caves have a potential connection that is 2033 meters deep and extends for about 30 kilometers. This makes Boy-Bulok the third deepest cave in the world.
Massif Khoja Gur Gur ota
In translation, Khoja Gur Gur ota means “Father of all caves”. At an altitude of 3700 meters above sea level, there is a remote region of harsh and very wild nature. The gigantic, sloping peak of the mountain range ends with an impressive 500-meter-high cliff on one side, and deep canyons with cracks tearing the plateau on the other. Here can be seen fossilized traces of dinosaurs, fragments of basalt and crushed stone of the most bizarre shapes, as well as the burial place of the holy righteous man Khumajoy-ota. The slope of Khoja Gur Gur ota extends vertically and has entrances to many caves, many of which have not yet been explored. In addition, upon reaching the highest point of the massif, you will feel like you are standing on a huge wall separating one world from another.
Machay Cave
Machay Cave is another settlement of primitive people, which is located in the Baysun district of the Surkhandarya region. It is located near Mount Cohitang, on the right bank of the Machay River. The cave is 3.4 to 4 meters high, about 8 meters long and about 10 meters wide. It consists of two cultural layers: the upper layer belongs to the Mesolithic, and the lower layer belongs to the late Mesolithic and early Neolithic. Inside the cave, bones of a man and a woman were discovered that date back to the Mesolithic period. It is of great interest to the scientific community is the availability of material evidence of how people lived in the Stone Age. As a result of research, an abundance of artifacts was discovered in Machay Cave, which indicates the way of life of those times. The finds included 87 different stones, hundreds of weapons made from the bones of 15 different animal species, as well as stone knives, axes, handles, sawtooth weapons, arrowheads, bows and spears. The inhabitants of Machay Cave used these various weapons to skin domestic and wild animals and then use them to make clothing for themselves. These findings are of great value to the scientific community, as they allow us to better understand the lifestyle of people of that time. Surkhandarya – the cradle of ancient civilizations.
Sangardak Waterfall
The Sangardak Waterfall is located among the gorges of the Surkhandarya Mountains, being one of the wonders of the country's natural world. The waterfall is situated in the Sariasi region, 205 kilometers from Termez and 30 kilometers from Denau. Sangardak Waterfall is formed from karst waters flowing inside caves, rather than from a mountain river. As a result, people have created various legends about the waterfall and believe that it has healing properties. Moreover, it is worth noting that even ancient Arabs, Greeks, rulers of Transoxiana, and other peoples came to admire the waterfall.
The Teshik-Tash Cave
The Teshik-Tash Cave is located on the slopes of the Baysuntau mountains. In 1938, during excavations, archaeologists discovered an ancient burial there. Scientists discovered five cultural layers 1.5 meters thick. Clay layers and crushed stones separated the layers. The remains of a Neanderthal child are the most famous finding in the cave, which became famous throughout the world and made the site well-known. Soviet archaeologist A.P. Okladnikov, who discovered these remains, subsequently received the Stalin Prize.
Zarautsay Gorge
The gorge is located in the Kugitang mountains in the Surkhandarya region. These are the southwestern spurs of the Hissar ridge. The discovered cave paintings are rare examples of primitive art. All rock paintings in Zarautsay are written in red ocher, unlike other petroglyphs in Uzbekistan. Impressive hunting scenes with running bulls, goitered gazelles, saigas, arrows, chasing dogs and people with bows and axes, as well as mysterious hooded figures who clearly carry out rituals associated with hunting, can arouse interest and surprise among viewers of this unique ancient art person. Of the 200 images found in 1940, only 40 have now survived in the Zarautsay grottoes.
Dinosaur tracks
Traces of hoofed dinosaurs were discovered in the limestones of the Cretaceous period in the village of Gumatak. The footprints are on a stone slab, which is easily accessible from a car after walking only 300 meters.
Speleologists have also discovered traces of other large dinosaurs in Surkhandarya, but to see them you will need to make a separate trip.
Karyshoto Gorges
In the Surkhandarya region, there is another unusual place, the Karyshoto Gorges. The gorges have karst waterfalls along their walls despite the fact that they are located in hot and dry areas.
As a result, you feel as if you have entered a picturesque oasis. The gorge in several places prevents passage due to the rather high waterfalls. However, when you overcome them, you can see how the gorge continues in two directions.
Canyon Kaptarhona
Several thousand doves have been nesting in this canyon for a long time, which is why this place received the name Kaptarhona, which is translated from Uzbek as “dovecote”.
Once upon a time, the canyon was completely deserted, and its only inhabitants were doves, which were so numerous that one could safely call this place the kingdom of these birds.
Kaptarhona is a winding road along a narrow gorge. Various boulders are scattered along the path. Many attractive and exciting turns hide amazing views.
Khojaikon Salt Cave
In 1989, the Khojaikon Salt Cave was opened, which since then, thanks to the concentration of salt and light negative air ions in the air, has helped people cope with various ailments, such as asthma, respiratory diseases, chronic bronchitis, complications of pneumonia, as well as various skin problems.
The cave is 155 meters long and is a salt monolith inside of which there are treatment room chambers, each of which differs in temperature, humidity, pressure and trace element content. The healing procedure takes only 2-2.5 hours a day.
Meteor Lake Kanbeshbulak
Lake Kanbeshbulak is located in the Khaman tract in the west of Surkhandarya region. The lake is an exceptional natural monument.
According to scientists, this lake was formed as a result of a meteorite fall. In their opinion, it was a meteorite crater that filled with water and became known as Kanbeshbulak. The explosive red sandstones that make up the slopes of the lake indicate the origin of the bowl.
Panjob Gorge
The Panjob Gorge is located in the foothills of the Kugitang Tau ridge in the Surkhandarya region of Uzbekistan, 125 km northwest of Termez. This is a very beautiful gorge in which the small river Gazak, in the Karyshoto mountain range, cuts its way through limestone, gypsum and rock salt, creating a powerful picturesque canyon with vertical cliffs more than 200 meters high.
In some places the width of the gorges can be no more than two meters. In the narrow passages of the gorge, the most beautiful place is a 30-meter section on the right side of the canyon. In this place, water is knocked out of a rock covered with bright green moss, either as a curtain of water or in separate streams, forming a multiple rainbow under the sun's rays.
Surkhan State Reserve
The Surkhan State Nature Reserve is located in the Surkhandarya region of Uzbekistan, just 60 kilometers from the city of Termez. The reserve was created in 1986 by combining the Kugitang and Aral-Paigambar reserves. The purpose of its creation was the preservation and restoration of rare species of plants and animals.
The reserve consists of two separate parts, located in the Sherabad and Termez districts of the Surkhandarya region. The reserve occupies 24,554 hectares and is located in the southwestern spurs of the Hissar ridge at an altitude of up to 3,157 meters above sea level. The Surkhan Reserve currently has more than 130 species of birds, as well as more than 25 species of mammals, 27 species of reptiles, and 2 species of amphibians and fish.
Kampyrtepa Fortress
Kampyrtepa is an ancient archaeological site on the territory of Uzbekistan, which is an ancient port city located on the banks of the Amu Darya River (formerly known as the Oxus). It was founded at the end of the 4th century BC and existed until the beginning of the 1st century AD. The main purpose of this settlement was to serve the crossing of the Burdaguy River, as well as to serve as a hotel and customs office. Kampyrtepa served as a transit point for traders traveling along the Silk Road, where they could rest, reload their goods, pray and continue their journey.
After decades of excavations and studying written sources, it was decided that the site of Kampyrtepa is the mysterious Alexandria Oxiana, a port city that Alexander the Great built on the Amu Darya.
Topalang Reservoir
Uzbekistan is famous for the presence of two significant rivers - the Amudarya and the Syr Darya, which flow through its territory and flow into neighboring countries. The Hissar mountain ranges serve as a source for the Topalang River, which originates on the southern slope. It should be noted that the most abundant right tributary of the Surkhandarya has a length of 117 kilometers. The main source of water replenishment in the Topalang River is seasonal snow and glacial water. It is thanks to this that the river supplies water to the Denaus, Shurchin and Kumkurgan districts of the Surkhandarya region.
Hospital “Khojaipok”
Khojaipok Hospital specializes in the treatment of various diseases, including gynecological problems, cardiovascular disorders, general therapy and neurological disorders. To achieve a positive result, various methods are used, such as hydrotherapy (including mineral baths and circular showers), heat therapy, mud therapy, physiotherapy, electrotherapy and ozone therapy.
Upon completion of the procedures, visitors can visit the natural beauty, swim in the resort's pool, play tennis or engage in other outdoor activities in the sports club.
Sanatorium “Omonkhona”
The Omonkhona Balneological Sanatorium, located in the mountains near the city of Baysun, and the Khojaipok Hospital, located at the foot of Mount Kenagi, are the most famous health complexes in the Surkhandarya region.
The thermal water in the Omonkhona sanatorium has healing properties and is part of the health programs of the sanatorium. Using magnetic therapy, laser therapy, acupuncture, water procedures, massages, liver cirrhosis, hepatitis and other diseases are treated.
Hissar Mountains
The Hissar Mountains are a mountain range that stretches 200 kilometers from east to west across the Hissar region of Tajikistan. It is the western part of the Pamir-Alai system. The highest point in Uzbekistan, Khazret-Sultan, is 4643 meters, located on the border of Uzbekistan and Tajikistan. The ridge is a place of unique geological outcrops in Eurasia. The structure consists of sandstones and crystalline rocks interspersed with granite intrusions. In addition, all ecosystems and climates of the Pamir-Alai are represented here. At the highest places there are glaciers and rocky wastelands. A famous natural attraction of the Hissar Ridge, located in the southern part of the mountains, is the cave of Amir Temur. This natural formation, stretching for 860 meters, is considered the largest underground lake in Uzbekistan. It is important to note that the cave was inhabited back in the Greco-Bactrian period (IV-III centuries BC).
Archaeological Museum of Termez
To celebrate the 2500th anniversary of the city of Termez in 2002, the Termez Archaeological Museum was built and opened. Today it is the only archaeological museum in Central Asia, and many of its unique exhibits date back more than 100 thousand years BC. These include 624 museum relics of global significance, displayed using the latest information and communication technologies.
Karatepa Complex
Located in the northwestern part of old Termez, Karatepa is a place of worship associated with Buddhism. On the three hills of this place there are various temples and monasteries that were built in the 2nd century AD. The architecture of Karatepa is remarkable for its unique combination of caves carved into sandstone and buildings made of pakhsa and adobe.
Zurmala Stupa
Northeast of the ruins of the ancient settlement of Termez is Zurmala, a 12-meter-tall Buddhist stupa. It was built during the Kushan period, around the 1st and 2nd centuries AD, while Buddhism was spreading in Central Asia. The modern city of Termez is located 10 kilometers west of the ancient settlement of Termez. On its outskirts one can see the remains of entire complexes of ancient Buddhist buildings, which in the Middle Ages covered agricultural fields. Over time, the Buddhist stupa turned into a clay mound, which was difficult to recognize as a ritual structure.
Mausoleum of Al-Hakim At-Tirmizi
Al-Hakim At-Tirmizi is a sacred place of worship for Muslims and an architectural monument. The mausoleum is one of the holy places of the Surkhandarya regional center. The architectural monument is located approximately 60 kilometers from the current center, northwest of old Termez. Abu Abdulloh ibn Hassan ibn Bashir Al-Hakim At-Tirmizi is an outstanding Islamic figure, author of various philosophical and religious works and founder of the order of Dervishes. About 80 works were written by the eminent At-Tirmizi who received the name Al-Hakim, which means the wise one, due to his deep knowledge and broad vision.
Mausoleum of Ak-Astana-baba
In the village of Telpek-Chinar, Sariasi district, Surkhandarya region, there is the Mausoleum of Ak-Astana-baba. Scientists believe that the mausoleum was built on the grave of the companion of the Prophet Muhammad (SAW), Saint Abu Hurair. The mausoleum has four rooms called “Chorsi Khona,” in which bricks are laid in batches, and the north-eastern part of the complex can be accessed through the roof. At the entrance to the mausoleum, there are two complex signs, about half a meter in diameter. It is still not possible to correctly interpret the semantics of these signs.
Kirk Kiz Fortress
One of the most interesting ancient places is the Kirk Kiz Fortress. Although the fortress is almost completely destroyed at present, even the ruins allow us to see the former size of the structure and marvel at the skill of the ancient architects. The symmetry of Kirk Kiz makes it unique; each archway and corridor have a counterpart located on the opposite side.
Two passages cross the building crosswise and divide it into four equal parts. There are versions that it was a country aristocratic palace, a women's madrasah, a khanaka, or a caravanserai.
Dzharkurgan Minaret
The minaret is located 5 kilometers from the city of Jarkurgan and 40 kilometers from Termez, near the village of Minor. Thanks to the deciphered inscription on the building, it was established that this architectural monument dates back to the 12th century. The inscription states that construction took place from 1108 to 1109 AD, but some scholars believe the date reads differently and construction was completed in 1110.
This building is unique with its decorative elements. At that time, mosaics were often used to decorate minarets; in the case of this minaret, we see vertical decorative corrugations that were made using a specially baked brick masonry, which was cut in a herringbone pattern from top to bottom.
Dalverzintepe Settlement
Dalverzintepe, the main city of the powerful Kushan Empire, has so far been the subject of careful study by many historians and archaeologists. With its secrets and many valuable objects found, the site attracts attention. The largest treasure in history was found here; about 36 kilograms of gold were discovered in this place in 1972.
Archaeological excavations have revealed a lot of new things about the architecture, culture and fortifications of Northern Bactria. Finds such as sculptures, paintings and figurines show the high level of culture of the people of the Kushan Era. According to many researchers, Dalverzintepe is considered the most ancient Buddhist building.
Ensemble Sultan-Saodat
On the outskirts of the city of Termez in the center of the Surkhandarya region of Uzbekistan there is the architectural ensemble of Sultan-Saodat. The memorial complex consists of tombs of the Termez Seyyids, who were considered direct descendants of the Prophet Muhammad. The complex contains various memorial and religious buildings built from the 11th to the 17th centuries. All buildings have a common architectural concept despite the fact that they were built at different times.
Hanaka Kukildor-ota
Khanaka Kukildor-ota in Termez is a holy monastery that has become one of the most revered among Muslims. Khanaka Kukildor-ota was built in the mid-1100s. It stands out among other monasteries due to its unique architecture, history and significance in the Muslim world.
The building contains numerous tombstones, as well as the burial place of the Muslim Saint Kukildor-ota. This prominent religious figure was known for his great righteousness. The monastery was built in memory of him.
After the restoration of the Khanaka, Kukildor-ota acquired a unique appearance, which is characteristic of all architectural monuments of the Timurid era.
Fayaztepa Complex
Fayaztepa is located at a distance of 4 kilometers from modern Termez, Surkhandarya region. The monastery complex consists of 13 rooms and an inner courtyard with an ivan where a refectory was attached to the monastery on the left side. In some places of the complex there are cooking fires, as well as skulls with inscriptions in Bactrian and other ancient languages. Coins of Heliocles (the Greco-Bactrian king) and Kanishki (the ruler of the Kushan Empire) were also found there. According to archaeological excavations, monks used to live in the monastery, and they also provided housing for pilgrims.
In the IV century, Fayaztepa was captured by the Sassanid army (the dynasty of Persian rulers), due to which the complex stopped functioning. Previously, the complex was called Khaya-Vihara, which translates as "the monastery of horsemen". The current name of the complex was given in honor of the director of the Surkhandarya Museum of Local Lore R.F. Fayazov, who participated in the excavations of the Buddha complex.
Neighborhoods of Derbent
The Derbent mountain village is located on an important trade route along the Sherabad River, connecting the southern regions of modern Uzbekistan, Northern Afghanistan and Tajikistan with the central cities of Samarkand, Bukhara and Tashkent, which were known at the time as Shash. The land around Derbent looks heavily damaged — high rocks either form a majestic gate, or almost merge overhead, reminding us of the bloodshed here while defending the borders of different empires.
Also, travelers can expect places that surprise with their power, strength and pristine beauty. Here you will find gorges including the famous Iron Gate, which was besieged by Alexander the Great.
The Church of Alexander Nevsky
In 1901, a temple was erected in the city of Termez in honor of the Holy Prince Alexander Nevsky. Currently, the temple is in excellent condition. The sanctuary is impressive in its scale: the bell tower and iconostasis occupy a significant space. Inside the temple there is a room measuring 24 by 16 meters. In addition, the temple is rich in icons and church objects.
Kurganzol Fortress
The Kurganzol Fortress is an impregnable structure built in 328 BC by Alexander the Great, located on a cliff near Baysun at an altitude of 900 meters. Archaeological excavations of Kurganzol began in 2003 and revealed that it belongs to the Hellenistic era. The fortress dates back to the 4th century BC and is believed to have housed about fifty soldiers, with six towers protecting the entrance. Construction took a long time to complete, as nomadic tribes frequently attacked and destroyed parts of the building during those years.
Inside the fortress, parts of residential and utility rooms, a water pool with a drain to prevent overflow, and defensive structures were discovered. Built of mud bricks, the fortress has an outstanding appearance, with walls averaging more than 2.5 meters thick.
Uzundara Fortress
Uzundara, the oldest fortress dating back to the 3rd–4th centuries BC, is located in the foothills of Baysun. The fortress featured powerful defensive structures, including double walls reinforced with 13 towers, and outer walls stretching nearly 1 kilometer in length. The fortress walls, lined with clay bricks, have almost retained their original appearance and rise up to 5 meters high.
Among the main finds discovered during the expedition are unique coins from the Hellenistic period depicting Alexander the Great, Antiochus I (king of the Seleucid state), and all rulers of the Greco-Bactrian kingdom from Diodotus to Heliocles. The fortress existed for about 150 years before being destroyed by the nomadic tribes of the Saks and Yuejs during the reign of one of the last Greco-Bactrian kings between 171 and 166 BC
Uzbekistan: A Course for Continuing Intensive Reforms in Youth Policy
📅 03.07.2024
Uzbekistan is a country of youth. According to statistical data, about 60% of Uzbekistan's population is under the age of 30. Thus, over 18 million residents of Uzbekistan are young people, and by 2040 this number could reach 25 million. This creates unique opportunities and specific challenges for the state in terms of providing education, employment, and social integration for the youth. On February 21 of this year, a Presidential Decree approved the State Program for the implementation of the "Uzbekistan - 2030" Strategy in the Year of Support for Youth and Business. It outlines a number of tasks aimed at addressing the problems faced by young people and realizing their potential.
In recent years, Uzbekistan has prioritized creating favorable conditions to ensure the rights and interests of the younger generation. This includes providing them with access to quality education, meaningful employment opportunities, and avenues to realize their talents and abilities. Significant efforts have been made in this direction as part of state policy.
A vivid confirmation of this is the adoption and consistent implementation of over 100 legislative acts concerning this sphere within a short period. The inclusion of specific articles on the rights and interests of the younger generation in the updated Constitution of Uzbekistan undoubtedly opens new opportunities for further strengthening the legal framework and elevating practical work in this area to a new level.
During the past period, a completely new vertical management system for working with youth has been established.
In all neighborhoods (mahallas) of the country, youth leaders are active. Thanks to this system, over 100 different opportunities have been created for youth within the neighborhoods.
A system called the "Youth Notebook" has been established, through which over 1.1 million young people have received assistance across
25 different areas totaling 1.3 trillion UZS. Specifically, tens of thousands of students from low-income families have had their tuition fees covered under fee-based contracts.
The number of higher educational institutions in the country has almost tripled, reaching 199, and enrollment has increased from 9 to
38 percent. This expansion opens up extensive opportunities for youth to acquire modern knowledge and professions.
In the country, 210 youth industrial and entrepreneurial zones have been established, with 2,500 projects implemented amounting to 4 trillion UZS. As a result, the number of young entrepreneurs has doubled, surpassing 200,000.
In recent years, more than 750 young people who make a significant contribution to the prosperity of the Motherland have received state awards.
It is heartening that the youth of the country are effectively utilizing the opportunities provided and inspiring with their achievements in various fields.
For further effective implementation of State youth policy in Uzbekistan, it is necessary to continue effective reforms to create a solid organizational, legal and institutional framework.
First of all, work will continue to develop new constitutional norms on the rights of young people in existing legislation.
At the same time, in the coming period, special attention will be paid to the qualitative execution of tasks defined in the State Program on the implementation of the Strategy "Uzbekistan - 2030" in the Year of Support for Youth and Business.
Thus, every region, ministry and department has begun to introduce a new approach to work with young people. The improvement of scientific and analytical work on the study of youth problems and the training of promising personnel is considered relevant.
Today, rapid measures are being taken to increase the number of young people learning foreign languages under the "Ibrat Farzandlari" project
to 1 million, and the number of young readers under the "Mutolaa" program up to 1.5 million. Additional infrastructure is being built in the regions for this purpose. At the same time, special attention should be paid to the creation of broader conditions for the meaningful organization of leisure activities and the realization of young people's talents and abilities.
Thus, the systemic reforms carried out in Uzbekistan have led to significant achievements in the field of education and the spiritual, intellectual, physical and moral development of young people. The increase in the number of educational institutions, the improvement in the quality of education, the active participation of young people in scientific and cultural events, and the implementation of social projects - all this is evidence of positive changes and the strengthening of the foundations for the harmonious development of the younger generation.
Bekzod Jurabayev,
Chief scientific researcher of the Institute of Legislation and Legal Policy under the President of the Republic of Uzbekistan, Chairman of the Council of Young Scientists of the Institute
Meeting of the National council on combating corruption held
📅 07.03.2025
On March 5 President of the Republic of Uzbekistan attended a meeting of the National council on combating corruption. The meeting analysed the work carried out on creating corruption-free environment and defined further goals.
In his speech, the Head of State mentioned that corruption is a serious challenge in the course of reforms.
In this connection in the past years laws were adopted and a new system on combating this vice was created. Responsible committees were formed in the parliamentary chambers, a National council and Anti-Corruption Agency were established.
Particular attention is paid to creating conditions where the public can openly raise and discuss the problem of corruption. The role and influence of the media in this sphere are raising.
Primarily, measures are taken to combat the causes of corruption. For example, the abandonment of allocation of land plots by decisions of khokims and transition to the auction system made the allocation process more open. There have also been positive changes in this area since the introduction of the “Shaffof Kurilish” program.
The adoption of the law on public procurement, digitalization of the system of elections and tenders, as well as the establishment of healthy competition allowed saving 14 trillion soums of budget funds last year.
Today, all banks provide household loans up to 100 million soums online in 5 minutes without human involvement. As a result, thousands of bankers, who used to process such applications, now work directly in mahallas, offering projects and credit programs, thus contributing to the growth of the customer base.
In the pre-school and school education system, more than 10 types of services have been fully converted to electronic format, reducing the number of applications by 2.5 times.
The higher education system was also digitalized: a system for taking tests and selecting universities based on their results was introduced, and the automated receipt of 35 types of documents reduced the number of requests by 2.2 times.
Due to the use of body cameras by traffic safety inspectors, the sale of license plates through auctions, and the elimination of paper protocols, corruption factors have been significantly reduced.
Services to the population and entrepreneurs are organized on the basis of the principle of “the state serving the people”: the requirements to provide 120 types of documents, more than 160 licenses and permits have been abolished. This led to the emergence of almost 200 thousand new entrepreneurs in the market, and the number of enterprises with foreign participation increased almost 5 times, reaching 23 thousand.
The number of electronic public services increased 15 times, reaching 721, and the number of their users exceeded 11 million.
Most importantly, these measures have strengthened the faith of the population, entrepreneurs, foreign partners, international organizations and investors in the ongoing reforms. Over the past seven years, over $120 billion in investments have been attracted, and the country's economy has doubled, reaching $115 billion last year.
The President emphasized that the fight against corruption is an ongoing process and outlined the current issues and future tasks in this sphere.
It was noted that law enforcement agencies are mainly focused on detecting and punishing corrupt acts, while preventive measures aimed at eradicating corruption factors are neglected.
In this regard, it was decided to change the working methodology of the Anti-Corruption Agency. As an experiment, compliance control in five agencies - the Ministries of Health, Construction, Water Resources, Joint Stock Companies “Uzbekneftegaz” and “Uzsuvtaminot” will be transferred to the Agency.
In addition, an in-depth study of factors of domestic and systemic corruption will be conducted at the district level, which will be used to develop specific measures and submitted to the National Council.
It was noted that 75 percent of corruption crimes are committed in the form of domestic corruption in districts and mahallas, so the composition of the regional councils on combating corruption will be completely renewed. They will be headed by chairmen of regional councils of people's deputies.
The regional councils will propose to the National Council amendments to legislation aimed at eradicating corruption factors and ensuring inevitability of punishment.
Eight years ago, a system of sectors for the integrated development of territories was introduced. They contributed to solving socio-economic problems. In recent years, the potential of the regions has increased significantly.
In this regard, it was decided that prosecutors, heads of internal affairs and tax authorities would no longer be involved in sector activities. Additional tasks have been set to prevent and combat crime.
Special attention is paid to preventing corruption in public procurement. An Expert Commission will be established for this purpose. Based on best practices, an electronic platform will be developed to monitor that the prices of goods and services purchased through public procurement do not exceed the market average by more than 20 percent. Accountability measures and fines will be introduced for violation of this requirement.
Requirements for the procurement of fixed assets at the expense of the budget and extra-budgetary funds will also be tightened. Domestic transportation and furniture will be given priority in procurement by government agencies, and a requirement for evaluation against high anti-corruption standards will be introduced for major projects.
The fight against corruption begins with the selection of professional and dedicated employees for the civil service. In this regard, instructions have been given to improve procedures for hiring and evaluating candidates.
The need to adopt a law on the declaration of income of civil servants was noted, and a draft of this law will be submitted for public discussion.
The importance of instilling the ideas of honesty in educational institutions was emphasized in order to educate a new generation intolerant of corruption, as well as to support the initiatives of young people.
Addressing the public, the President said that the fight against corruption is a national task and a matter of conscience for every patriot of the country.
- If we all join forces, we will definitely achieve significant positive results. That is why mahalla activists, the older generation, intellectuals, writers and poets, art and culture workers, businessmen, well-known figures, leaders, deputies and senators - the entire public should become united and consider corruption as a “plague on the body of society”.
During the meeting, a dialogue was held with members of parliament, government representatives and the public.
For the first time, the event held in such a format demonstrated a strong political will to fight corruption.
The Head of State presented 55 concrete initiatives, which will include the development of 5 laws, 12 decrees and resolutions, as well as strengthening the role of Parliament, National and Regional Councils and civil society institutions in the fight against corruption.
The legal basis for the fight against corruption will be strengthened: the introduction of a new system of income declaration and a procedure for preventing illicit enrichment will reduce corruption factors. The activities of the Anti-Corruption Agency and internal control structures in organizations will be strengthened.
The responsibility of heads of ministries and agencies in preventing domestic corruption will be increased. A system of public evaluation of the quality of public services will be established, and strict measures will be taken against managers with the worst performance.
The independence of control inspections will be strengthened, and corruption prevention mechanisms will be introduced in major investment projects and auctions.
By streamlining the public procurement system and restricting direct procurement, budget savings will be achieved, and diversion of public funds will be curbed.
The freed resources will be mobilized to fight crime, which will lead to greater stability in society and increase the confidence of citizens. Strengthened prosecutorial oversight of illegal inspections will contribute to improving the business and investment climate in the regions.
The achieved results will improve the position of our country in international ratings, and by 2027 conditions will be created for Uzbekistan's candidacy for the UNCAC conference.
Most importantly, the legal consciousness of the population, especially young people, will be raised, and the society will form ownership of the fight against corruption.
Uzbekistan and Georgia: From historical friendship to a strategic partnership
📅 02.07.2026
President of Uzbekistan Shavkat Mirziyoyev will pay a state visit to Georgia on July 2-3
Bilateral relations between Uzbekistan and Georgia are underpinned by profound, centuries-old historical ties, and are undergoing a systematic, dynamic evolution across the political, economic, cultural and humanitarian spectrums in the contemporary era.
Two nations are bound not only by ancient trade routes but also by a comprehensive cooperation firmly anchored in mutual respect, trust, and a profound alignment of strategic interests. In recent years, high-level exchanges, substantial expansion of trade and economic ties and intensification of cultural exchange have successfully elevated bilateral relations to a qualitatively new and historic milestone.
Diplomatic relations between Uzbekistan and Georgia were established on August 19, 1994. Since then, the political dialogue between the two sovereign states has consistently and progressively advanced. In September 1995, Treaty of Friendship and Cooperation was signed, serving as the foundational legal instrument underpinning bilateral relations.
In recent years, regular engagements between Heads of State and Government have substantially enhanced the foundation of bilateral political trust. In particular, between 2022 and 2025, a profound impetus was imparted to the expansion of comprehensive cooperation through reciprocal official visits by the Prime Ministers of both nations, high-level presidential dialogues, sessions of the Joint Intergovernmental Commission and institutionalized political consultations between the respective Ministries of Foreign Affairs.
On March 5th, 2025, President of Uzbekistan received a high-level delegation led by the Prime Minister of Georgia, Irakli Kobakhidze, who arrived in our country on an official visit. During the meeting, the sides comprehensively reviewed matters pertaining to the further expansion of mutually beneficial cooperation across the trade, economic, investment, transport, logistics, tourism and cultural dimensions. It was noted with profound satisfaction that institutional contacts at the parliamentary and governmental levels of the two nations have intensified significantly.
Inter-parliamentary cooperation is likewise undergoing a consistent and progressive evolution. Concurrently, an inter-parliamentary cooperation group dedicated to fostering relations with the Parliament of Georgia functions actively within the Legislative Chamber of the Oliy Majlis. Furthermore, representatives of Georgia routinely participate as international observers in the presidential and parliamentary elections conducted within Uzbekistan.
A free trade regime operates between the two nations, serving as a catalyst for the sustained growth of reciprocal trade turnover. Over the past five years, the volume of bilateral trade has increased two and a half times, accompanied by a rise in the number of joint ventures and a substantial expansion in the volume of cargo transportation.
Furthermore, a digital bank established with the participation of Georgian investors is operating successfully within Uzbekistan.
Furthermore, in June 2025, “Made in Uzbekistan” National Exhibition was organized in Tbilisi, featuring the active participation of over one hundred premier Uzbek enterprises representing the textile, electrical engineering, pharmaceutical, food processing, mechanical engineering and other pivotal industrial sectors.
Matters of transit, transport, and logistical interaction occupy a distinctive place within the architecture of bilateral cooperation. In June of the current year, the official opening ceremony of the modernized Baku - Tbilisi - Kars railway was hosted in the city of Akhalkalaki. In the strategic perspective, the seamless integration of this transport corridor with the construction of the China - Kyrgyzstan - Uzbekistan railway will substantively reinforce the comprehensive transit potential of our respective nations.
Cultural cooperation between Uzbekistan and Georgia is likewise anchored in rich, enduring traditions. Cinema days, cultural festivals, as well as institutional events in the spheres of science and education, are organized on a regular basis.
In the preceding year, Days of Uzbek Culture and Cinema were successfully hosted in Tbilisi, while in the current year, Days of Georgian Culture were celebrated with grand success in Tashkent.
One of the enduring symbols of the profound bonds of friendship uniting the two sovereign states is a central avenue in the capital of Uzbekistan, which proudly bears the name of the eminent Georgian poet Shota Rustaveli, alongside a monument erected in his honor.
Concurrently, in 2025, by the decree of the Tbilisi City Assembly, a prominent central park in the capital of Georgia was officially named after the great Uzbek poet and thinker Alisher Navoi. This monumental gesture stands as a vivid testament to the deep, reciprocal reverence that both nations possess for each other's rich history and cultural heritage.
Today, direct air services operating on the Tashkent - Tbilisi and Tashkent - Batumi routes serve to further catalyze the robust expansion of tourism and business linkages between the two nations.
At present, approximately four thousand citizens of Georgian heritage reside in Uzbekistan. Furthermore, since 1994, the Georgian Cultural Center “Megobroba” ("Friendship") has successfully functioned in Tashkent, contributing significantly to the preservation and promotion of their distinct cultural identity.
It should be noted that the relations between the peoples of Uzbekistan and Georgia trace their roots back to deep antiquity. Ancient authors historically documented the existence of trade linkages between Khwarazm and Colchis, which were actively maintained along Amu Darya river and across the Caspian Sea.
Following the establishment of the Great Silk Road, particularly from the 6th century onward, one of the most critical commercial routes connecting the Caucasus and the Byzantine Empire traversed through Samarkand, Bukhara and Khwarazm. Furthermore, in Shota Rustaveli’s renowned 12th-century epic poem, Knight in the Panther's Skin, explicit reference is made to Khwarazm. This compellingly demonstrates that deep-seated historical, cultural and trade linkages actively existed between Georgia and Central Asia as early as the Middle Ages.
In subsequent periods, representatives of the Georgian people likewise took an active part in the public life of Uzbekistan, among whom were prominent entrepreneurs, architects, scientists, cultural figures and medical professionals. Distinct symbols of the enduring friendship between the two nations include the entrepreneur George Tsintsadze, under whose initiative the renowned “Colosseum” Theater was constructed in Tashkent, as well as Academician Edvard Rtveladze, who rendered an monumental contribution to the development of archaeological science in Uzbekistan.
The scientific heritage of Academician Edvard Rtveladze merits profound and distinctive attention. Hundreds of his scholarly works dedicated to the comprehensive history of Uzbekistan and the thorough examination of Great Silk Road, alongside groundbreaking research that successfully established the precise location of the ancient settlement in the Surkhandarya region, have garnered widespread international acclaim and constitute a monumental contribution to global historical science.
In conclusion, it should be emphasized that amidst the complexities of the contemporary international landscape, relations between Uzbekistan and Georgia continue to systematically evolve on the basis of unwavering mutual trust, open dialogue, and pragmatic cooperation. The steadfast political will of the Leaders of the two states, the dynamic expansion of economic and humanitarian linkages, and a rich historical heritage serve as a solid foundation for the further reinforcement of the mutually beneficial partnership between the two nations.
There is no doubt that such large-scale interaction, regular engagements, and constructive dialogue will continue to facilitate the expansion of comprehensive cooperation in the fields of trade, transport, investments, tourism, culture, and other domains, thereby forging a reliable foundation for the further progressive development of Uzbek-Georgian relations.
Dunyo IA
State awards presented to brave athletes
📅 14.09.2024
On September 13, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with the winners and medalists of the XVII Summer Paralympic Games.
The event was attended by the leadership of the National Paralympic Committee and sports federations, coaches, parents of athletes, representatives of state and public organizations.
As you know, the competitions were held from August 28 to September 8 in the capital of France, Paris. About 4.4 thousand Paralympians from 168 countries participated in them. From Uzbekistan, 65 para-athletes competed in 9 sports.
The Paralympic Games, like the Olympics, were successful for our country. Our compatriots set many records, winning 10 gold, 9 silver, 7 bronze - a total of 26 medals. They took 13th place in the overall team standings, as well as 3rd place in Asia and 1st place among Turkic, Islamic countries and the Commonwealth of Independent States.
Pakistan hosts presentation of the book – “Uzbekistan: Third Renaissance – Concept of the Future” in Urdu
📅 06.11.2025
A presentation of the literary and publicistic collection “Uzbekistan: Third Renaissance – Concept of the Future” was held in Islamabad, written in Urdu by renowned Pakistani journalist and author Muhammad Abbas Khan, explores Uzbekistan’s modern development vision and reform agendat.
The collection offers a comprehensive analysis of the essence, spiritual foundations, and global significance of Uzbekistan’s vision for a New Renaissance — the foundation of the country’s Third Renaissance — under the leadership of President Shavkat Mirziyoyev. The book elaborates on the concept advanced by the Head of State, tracing its historical roots and outlining its relevance for the future of human civilization. The author emphasizes that this vision draws inspiration from the legacy of Uzbekistan’s great ancestors and seeks to unite the principles of modern development, enlightenment, and humanism, serving as a bridge between the nation’s rich intellectual past and its forward-looking aspirations.
The collection also highlights the shared initiatives and common aspirations of the leaders of Uzbekistan and Pakistan to advance major transport and communication projects linking Central and South Asia. According to the author, these efforts represent the revival of the legendary Silk Road. The book not only describes the sweeping reforms and modernization taking place in Uzbekistan, but also emphasizes that the development path of the “New Uzbekistan” may serve as an inspiring model for Pakistan and the wider Eastern world.
The presentation ceremony brought together members of Pakistan’s government and parliament, representatives of the diplomatic corps accredited in Islamabad, prominent scholars, analysts, public figures, and media representatives. Attaullah Tarar, Federal Minister for Information & Broadcasting of Pakistan, attended the event as the guest of honour.
The presentation opened with the national anthems of Uzbekistan and Pakistan, followed by a video highlighting the nine years of Shavkat Mirziyoyev’s leadership as a President of Uzbekistan.
The event commenced with welcoming remarks by Alisher Tukhtaev, Ambassador of Uzbekistan to Pakistan. In his address, the Ambassador emphasized that, under the leadership of President Shavkat Mirziyoyev, Uzbekistan has entered an era of openness and creative transformation.
He noted that over the past nine years, the country has implemented comprehensive reforms across the socio-economic, political, educational, and cultural spheres. As a result, Uzbekistan’s Gross Domestic Product has doubled, reaching 115 billion US dollars; exports have risen to 26 billion dollars; and foreign investments have exceeded 130 billion dollars. Thousands of new enterprises have been established, reflecting the dynamic pace of development and modernization.
It was noted that relations between Uzbekistan and Pakistan have been elevated to the level of a strategic partnership, with the establishment of the High-Level Strategic Cooperation Council. Direct air connections now link Tashkent with Islamabad and Lahore, while collaboration in the fields of education and culture continues to expand rapidly.
Particular attention was given to the Trans-Afghan Railway Project — recognized as a strategic initiative aimed at strengthening peace, mutual trust, and economic connectivity across the region, effectively reconnecting Central and South Asia.
Ambassador Alisher Tukhtaev expressed his sincere gratitude to the author of the featured work, Muhammad Abbas Khan, and to the management of “Daily Ittehad” publishing house for their contribution to the creation and publication of the book. He emphasized that this work will make a valuable contribution to fostering friendship and solidarity between the peoples of Uzbekistan and Pakistan.
In turn, Tahir Farooq, head of “Daily Ittehad” publishing house, expressed his satisfaction with the publication of the book “Uzbekistan: Third Renaissance – Concept of the Future”.
“This book is not merely a compilation of facts about Uzbekistan”, - he noted, - but an important work that vividly reflects the ongoing processes of reform and renewal in the country. It is not a collection of speeches or a translation of another author’s work, but the result of five years of observation and analysis by Muhammad Abbas Khan. His insights carry great significance for understanding Uzbekistan’s contemporary path of development. The book also serves as an important historical document of the new era unfolding in Uzbekistan”.
In his address, Attaullah Tarar, Minister for Information and Broadcasting of Pakistan, highlighted the deep historical ties between the peoples of Uzbekistan and Pakistan, noting that the land of Uzbekistan has produced eminent figures of the Timurid dynasty, including the distinguished scholar and statesman Zahiriddin Muhammad Babur. The Minister emphasized that the region connecting Central and South Asia has always been a vital part of the Great Silk Road, and that Uzbekistan’s contemporary policy under the leadership of President Shavkat Mirziyoyev is focused on revitalizing this historic corridor of cooperation.
Concluding his speech, Minister Attaullah Tarar reaffirmed the readiness of Pakistan’s Ministry of Information and Broadcasting to extend full support in promoting the book and the “Third Renaissance” initiatives advanced by President Shavkat Mirziyoyev to the Pakistani public.
In his address, author Muhammad Abbas Khan discussed the process of writing the book, the ideas it conveys, and its principal objectives. According to the author, the work is based on his research, observations, and personal impressions, providing an objective account of Uzbekistan’s ongoing processes of renewal and development.
“I have had the opportunity to directly observe the profound transformations taking place in Uzbekistan, the reforms being implemented under the leadership of President Shavkat Mirziyoyev, and the policies aimed at fostering an open society, enhancing human dignity, and advancing education and enlightenment, along with their tangible results. Today, Uzbekistan is experiencing a period of awakening. The concept of the Third Renaissance, being realized in Uzbekistan, serves as an example of a universal experience grounded in confidence in the future, scientific and spiritual renewal, and policies for the development of human potential”, - said Muhammad Abbas Khan.
The book “Uzbekistan: Third Renaissance – Concept of the Future” is expected to serve as a unique resource for familiarizing the Pakistani public with Uzbekistan’s new historical path of development, while further strengthening the cultural and spiritual bonds between the two nations.
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