Beauty Uzbekistan 2026 International Exhibition to Be Held in Tashkent on April 28–30

📅 24.04.2026

The exhibition will bring together more than 100 companies and brands from 12 countries.

 

The specialised international exhibition of the beauty, cosmetology, and perfumery-cosmetics industry – Beauty Uzbekistan 2026 – will take place from April 28 to April 30 at the CAEx Uzbekistan exhibition complex in Tashkent.

Beauty Uzbekistan is a professional B2B exhibition that brings together manufacturers and distributors of cosmetic products, aesthetic medicine specialists, retail representatives, salon business owners, and professionals in the personal care sector. The exhibition provides direct access to leading global brands, innovative products, and cutting-edge technologies, while offering valuable opportunities to establish business connections, and gain early insight into key trends in the beauty industry.

The exhibition will feature more than 100 companies and brands from 12 countries: Azerbaijan, China, Georgia, Italy, Kyrgyzstan, Republic of Korea, Poland, Russia, Sweden, Spain, UAE, and Uzbekistan. National pavilions from the Republic of Korea and Poland will showcase advanced beauty industry solutions and the export potential of these countries.

According to the organizers, the main sections of the exhibition are:

- Beauty Uzbekistan – covering the full spectrum of the perfumery and cosmetics industry, including makeup and skincare cosmetics, fragrances, personal care products, and hair industry products.

- Beauty Derma Central Asia – a dedicated segment focused on aesthetic medicine, device-based cosmetology, and anti-ageing solutions. This section of the exhibition will present advanced technologies for clinics and industry professionals, including injectable treatments, as well as next-generation laser and energy-based technologies.

Traditionally, the exhibition will feature a comprehensive business programme, including specialised seminars, expert-led sessions, and professional discussions.

Dedicated programme segments will address key developments in aesthetic medicine, balneology, and SPA industry, including scientific approaches in aesthetic medicine (CYTOLIFE / MedTenderGroup, Russia), as well as advanced solutions in balneological equipment and hydrotherapy technologies (Physiotechnika, Russia).

A specialised session on fragrance solutions presented by the Swiss Company LUZI may be of particular interest to industry professional and household chemical manufacturers.

Beauty Uzbekistan 2026 is more than just an exhibition — it is a dynamic professional platform where business, medicine, technology, and the latest beauty trends converge. 

The event is organised by Iteca Exhibitions, an international exhibition company, in partnership with ICA Eurasia Group, informed that one can register to visit the exhibition on the website: www.beautypro.uz.

 

IA “Dunyo”

Uzbekistan and the OTS: New Horizons for Investment Cooperation and Priority Projects

📅 12.05.2026

Uzbekistan has historically been a proactive driver in strengthening ties among Turkic-speaking nations. Following a period of limited engagement, a pivotal turning point occurred in 2018 when the President of the Republic attended the 6th Summit of the Organization as a Guest of Honor. In 2019, the country ratified the Nakhchivan Agreement, officially becoming a full member of the Organization of Turkic States (OTS). Since joining, Uzbekistan has proposed 116 specific initiatives, more than half of which have already been successfully implemented. The economic impact of this strategic course is evidenced by the data: at the end of 2025, trade turnover with OTS member states increased by 9.6%, reaching $10.8 billion.

Investment cooperation also shows a steady upward trend, with 4,352 enterprises operating with capital from member states as of early 2026. The Republic of Türkiye remains a key strategic partner, with bilateral relations officially elevated to the level of a Strategic Partnership in 2017. Türkiye leads all OTS countries in the number of enterprises established in Uzbekistan, reaching 2,137 units. Investment collaboration in 2025 was characterized by the utilization of funds totaling $3.2 billion, while trade turnover during the same period amounted to $3.024 billion. Transport connectivity is exceptionally robust, with 97 scheduled weekly flights operating between the cities of both nations across eight different routes, including Istanbul and Ankara.

Kazakhstan stands as Uzbekistan's largest trading partner within the Organization, with trade turnover growing by 11.4% in 2025 to nearly $5 billion. There are 1,212 enterprises with Kazakh capital successfully operating in the republic. The transport sector demonstrates immense scale, with freight volume exceeding 22.3 million tons in 2025, the majority of which—19.6 million tons—was transported via rail networks.

The dynamics of economic relations with Kyrgyzstan are marked by the highest growth rates in trade turnover, which surged by 37.1% in 2025 to reach $1.199 billion. The parties have solidified a Comprehensive Strategic Partnership, facilitating an increase in joint ventures to 346 units. The transport sector recorded a significant rise, with total freight volume growing by 22.4% in 2025 to nearly 5.4 million tons. Export shipments across all modes of transport more than doubled, indicating deep integration of production chains.

In 2024, a fundamental Treaty on Allied Relations was signed with Azerbaijan, opening a new chapter in bilateral cooperation. Trade turnover between the countries grew by 14.6% in 2025, totaling $307.3 million. In the investment sphere, 367 enterprises with Azerbaijani capital are currently active. The logistics partnership is also strengthening, as total freight volume increased by 28.3% in 2025, supported by 14 weekly flights between the capitals.

Turkmenistan, which participates in the Organization as an observer, remains a vital partner, with trade turnover reaching $1.203 billion in 2025. The launch of the Shavat-Dashoguz joint border trade zone was a practical step toward streamlining commodity exchange. As of early 2026, 270 enterprises with Turkmen capital were functioning in Uzbekistan. In the transport sector, total cargo volume for 2025 amounted to approximately 1.785 million tons, reflecting a positive growth trend of 22.5%.

Hungary also holds observer status and is actively developing high-tech cooperation with Uzbekistan. In 2025, mutual trade grew by 41.7%, reaching $117.4 million. Although there are 20 enterprises with Hungarian capital in the republic, their projects are notable for their significant scale. These include the establishment of poultry clusters in the Syrdarya region valued at $165 million and a $59 million project for the construction of water treatment facilities in "New Tashkent."

The successful implementation of initiatives and steady growth in economic indicators confirm that Uzbekistan has found the OTS to be an effective instrument for advancing its national interests. Further deepening industrial cooperation and developing the region's transit potential create a solid foundation for transforming this space into a significant global manufacturing and trade hub. The strategic course toward closer integration with the Turkic world opens new prospects for attracting innovation and large-scale investment into key sectors of the national economy. Continuing this policy will not only strengthen the republic's international standing but also ensure long-term socio-economic prosperity for all member states of the Organization.

Linguistic Analysis of the President of the Republic of Uzbekistan’s 2026 State of the Nation Address

📅 02.01.2026

 

The analysis covers the key thematic and semantic emphases of the President’s speech, the structure of core concepts and their interrelations, priority directions of state policy, as well as the strategic benchmarks for the country’s socio-economic development in 2026.

On 26 December 2025, President Shavkat Mirziyoyev delivered his Address to the Oliy Majlis and the people of Uzbekistan. Experts of the Center for Economic Research and Reforms (CERR) conducted a linguistic content analysis of the President’s speech.

The analysis was carried out using modern linguistic methods and is aimed at identifying semantic priorities, key concepts and their connections. A word cloud and diagrams were also prepared to visually demonstrate the priority directions of state policy.

Analysis (from the original language)

In total, the President used 9,135 words in his Address. The creation of a word cloud made it possible to visualize the most significant themes and gain a deeper understanding of the priorities and directions of the country’s socio-economic development.

Figure 1. Most frequently used words in the President’s Address (26.12.2025)

The linguistic analysis showed that the most frequently used key words included “mahalla” – 49 times, “aholi” (population) – 35 times, “iqtisodiyot” (economy) – 28 times, “bozor” (market) – 26 times, “loyiha” (project) – 25 times, and “technology” – 22 times (Fig. 1).

Words such as “ta’lim” (education), “natija” (result) and “daromad” (income) were each used 20 times; “tadbirkor” (entrepreneur) and “sanoat” (industry) – 19 times each; “suv” (water) – 18 times; “elektr” (electricity) and “hudud” (territory) – 17 times each; “yoshlar” (youth), “infratuzilma” (infrastructure) and “qurilish” (construction) – 16 times each.

The analysis of two-word expressions showed that the phrase “Markaziy Osiyo” (Central Asia) was used eight times; “aholi daromadi” (household income), “qishloq xo‘jaligi” (agriculture) and “yangi bosqich” (new stage) – seven times; “yangi texnologiyalar” (new technologies) and “Toshkent shahri” (city of Tashkent) – six times each. Expressions such as “Davlat xizmatlari” (public services), “xorijiy investitsiya” (foreign investment) and “yangi tizim” (new system) were used five times, while “dual ta’lim” (dual education), “ish o‘rni” (jobs), “viloyat markazlari” (regional centers) and “tuman byudjeti” (district budgets) were used four times each.
Among three-word combinations, the most frequent expressions included “the next five years” – nine times; “based on dual education” – four times; and “water-saving technologies” and “water, electricity” – three times each.

Thus, the analysis shows that at the core of state policy are the mahalla, public welfare, and the transition to a new stage of development based on economic and technological transformation, with clearly defined strategic objectives for the next five years.

Thematic structure of the speech

The diagram below shows the distribution of the speech’s vocabulary by key directions, where the content is grouped into nine main thematic blocks.
The diagram clearly demonstrates that technological development and human interests, implemented at the level of the mahalla, are at the center of state policy. The ultimate goal of all reforms is to ensure public welfare through sustainable economic growth (Fig. 2).

Figure 2. Distribution of words by thematic areas in the structure of the speech

Interconnection of development directions

The analysis highlights key words that demonstrate the interconnection between various directions of Uzbekistan’s state policy in the coming years.
The transition of the economy to a technological and innovation-based growth model is a central element of state policy and implies a shift away from a raw-materials model toward high-tech industry. This direction is closely linked with such concepts as “investment,” “technology,” “market,” and “product.”

The block on economic growth and welfare reflects the key outcomes of reforms, including the increase of the economy to $145 bn and a twofold reduction in poverty over the past three years. It is directly associated with the concepts of “population,” “economy,” “mahalla,” and “services.”

The social foundation of reforms is built through the development of the mahalla and social solidarity. This direction is associated with “mahalla,” “youth,” “society,” and “values.”

Structuring vocabulary by thematic areas shows that the core of the President’s speech is technological modernization of the economy and a human-centered governance model based on the “mahallabay” system.

It emphasizes the interconnection between economic growth, improvement of public welfare and the development of local infrastructure, as well as priorities such as strengthening human capital, expanding employment and increasing the efficiency of public administration.

Figure 3. Interconnection of development directions

Among the highlighted semantic blocks are also tasks related to stimulating domestic demand, developing the housing and tourism sectors, modernizing the transport system, increasing productivity in agriculture and introducing water-saving technologies.

Special emphasis is placed on the “green” agenda, including the development of renewable energy, expansion of the “Yashil Makon” (“Green Space”) initiative, and strengthening resilience to climate risks.

In the foreign policy dimension, the analysis highlights Uzbekistan’s openness, strengthening of good-neighborly relations, and integration into the global economic system.

The linguistic analysis confirms that the idea at the core of the President’s speech is built around the triad “inson qadri – mahalla – farovonlik” (human dignity – mahalla – welfare), where the goal of reforms is sustainable growth, improved quality of life, and the further strengthening of Uzbekistan’s position.

Ilyos Rabbimov, CERR

CERR Public Relations Service

For inquiries, please contact:

(78) 150 02 02 (417)

Марказий Осиёнинг экологик кун тартиби: ҳамкорликдаги саъй-ҳаракатларнинг асосий натижалари

📅 23.04.2026

Марказий Осиё сўнгги йилларда иқлим ўзгариши оқибатларига тобора кўпроқ дуч келаётган ва дунёда ундан энг кўп зарар кўриши мумкин бўлган минтақалридан бири. Сўнгги 70 йил ичида Марказий Осиёда ҳарорат Цельсий бўйича 1,5-2 даражага кўтарилди. Бу эса экологик муаммоларнинг кескинлашувига, музликларнинг эриши ва чўлланишнинг тезлашишига таъсир кўрсатмоқда. Ушбу жараёнларнинг барчаси бир-бири билан ўзаро боғлиқ бўлиб, минтақадаги экотизимлар, иқтисодиёт ва одамлар ҳаётига салбий таъсир кўрсатмоқда.

Глобал миқёсда иқлим ўзгариши туфайли музларнинг эриш тезлиги сўнгги йилларда 65 фоизга ошди: 90-йилларнинг бошида сайёрада йилига 0,8 триллион тонна, 2000-йилларга келиб эса 1,3 триллион тонна муз эриб кетган. Марказий Осиё минтақаси учун ҳам ушбу экологик муаммо бугунги куннинг энг муҳим иқлим муаммолари қаторига киради.

Марказий Осиёда сув ресурслари тақчиллиги ортиб бормоқда. Бугунги кунда 37 миллион нафардан ортиқ киши асосан сув таъминотининг пасайиши, шунингдек, тегишли инфратузилманинг етарли даражада ривожланмаганлиги билан боғлиқ бўлган сув ресурслари кескин етишмайдиган ҳудудларда яшайди.

Евроосиё тараққиёт банки ҳисоб-китобларига кўра, 2025-2030-йилларда минтақа мамлакатлари учун сув ва иқлим инфратузилмасига зарур бўлган инвестицияларнинг умумий ҳажми қарийб 29,2 миллиард долларни ташкил этади.

Оролбўйи минтақасининг ҳолати вазиятни қийинлаштирмоқда – шамоллар Оролнинг қуриган тубидан ҳар йили тахминан 15-75 миллион тонна қум, чанг ва тузни учириб кетади. Бу эса сезиларли масофаларда ҳавонинг сифатини ёмонлаштиради ва бевосита ижтимоий-иқтисодий йўқотишларга олиб келади.

Шу сабабдан ҳам сўнгги йилларда Марказий Осиёнинг минтақавий кун тартибида экологик масалалар тобора устувор аҳамият касб этмоқда. Сув ресурслари билан боғлиқ муаммолар, ерларнинг деградацияси, иқлим ўзгариши, Оролбўйининг ҳолати эндиликда минтақа мамлакатлари томонидан алоҳида эмас, балки минтақанинг умумий барқарор ижтимоий-иқтисодий ривожланиш масалалари контекстида кўрилмоқда.

Марказий Осиё мамлакатлари давлат раҳбарларининг сиёсий иродаси туфайли экология соҳасидаги кўп томонлама ҳамкорлик янада тизимли ва мазмунли бўлиб бормоқда.

Бунда минтақавий ҳамкорликнинг институционал асосларини мустаҳкамлаш алоҳида ўрин тутди. Оролни қутқариш халқаро жамғармаси ва унинг тузилмалари амалдаги механизмлари билан бир қаторда, экологик масалалар минтақа мамлакатлари давлат раҳбарларининг маслаҳат учрашувлари, шунингдек, соҳавий идоралараро ва экспертлар мулоқоти доирасида янада изчил мустаҳкамлана бошлади.

Минтақа мамлакатларининг иқлим билан боғлиқ халқаро тадбирларда фаоллашганини ҳам таъкидлаш жоиз. Хусусан, БМТнинг Иқлим ўзгариши тўғрисидаги доиравий конвенцияси конференцияларида Марказий Осиё мамлакатлари "5 мамлакат - 1 минтақа - 1 овоз" тамойили остида чиқиш қилиб, иқлим муаммолари бўйича миллий устувор масалалар ва умумий минтақавий ёндашувларни тақдим эта бошладилар.

Марказий Осиёнинг барча мамлакатлари Париж келишуви доирасида ўзларининг миллий миқёсда белгиланган ҳиссасини тақдим этди ва иссиқхона газларини камайтириш, "яшил" энергетика қувватини ошириш ва мослашувчанлик салоҳиятини мустаҳкамлаш бўйича ўз олдига юқори мақсадларни қўйди.

Шу билан бирга, Қозоғистон 2060-йилга бориб углерод нейтраллигига эришиш йўлини белгилаб олди, Ўзбекистон эса 2035-йилга бориб ялпи ички маҳсулот бирлигига тўғри келадиган иссиқхона газлари эмиссиясини 2010-йилдагига нисбатан 50 фоизга камайтириш бўйича мақсадли кўрсаткични оширди. Қирғизистон, Тожикистон ва Туркманистон ҳам глобал иқлим мақсадларига эришиш йўлидаги интилишларини тасдиқлаб, ўз ҳиссасини доимий равишда янгилаб, ошириб келмоқда.

Орол инқирози оқибатларига мослашиш масаласида ҳам сезиларли натижаларга эришилди. Хусусан, Орол денгизининг қуриган тубида Ўзбекистон томонида сўнгги 5 йил ичида 1,7 миллион гектар ўрмонзорлар барпо этилди, Қозоғистон томонида 1 миллион гектардан ортиқ майдонда ўрмон-мелиорация ишлари олиб борилди.

Минтақавий ҳамкорликнинг яна бир ёрқин натижаларидан бири Шимолий Оролдаги вазиятнинг яхшиланиши бўлди. Сирдарё бўйидаги   сув омборларининг иш тартибини мувофиқлаштириш ва давлатлараро келишувларни бажариш ҳисобига сўнгги уч йилда денгизга 6 миллиард куб метрдан ортиқ сув келиб тушди. Натижада Шимолий Оролнинг ҳажми 2022-йил охиридаги 18,9 миллиард куб метрдан 2025-йил охирида 23 миллиард куб метргача ошди.

Билим алмашинуви ва илмий экологик экспертиза соҳасида ҳам минтақавий ҳамкорлик кенгаймоқда. Ўзбекистонда атроф-муҳит ва иқлим ўзгаришини ўрганиш бўйича Марказий Осиё университетининг ташкил этилиши ушбу ҳамкорликнинг натижаси бўлиб, минтақада шу йўналишда кадрлар тайёрлаш ва қўшма тадқиқотларни ривожлантириш учун янги майдонга айланди.

Шундай қилиб, Марказий Осиёда ўзаро минтақавий экологик ҳамкорлик аста-секин амалий аҳамият касб этмоқда. Мамлакатлар умумий халқаро позицияни шакллантириш, мувофиқлаштириш механизмларини ривожлантириш, Оролбўйи экотизимларини тиклаш бўйича чора-тадбирларни амалга ошириш ва илмий-таълим базасини яратишда сезиларли натижаларга эришди.

Шу билан бирга, минтақадаги экологик муаммолар кўлами мувофиқлаштиришни кенгайтиришни тақозо қилмоқда. Трансчегаравий сув ресурсларини бошқаришда янада ўзаро мувофиқлаштирилган ёндашувларни ишлаб чиқиш, иқлим ўзгаришининг оқибатларига мослашиш чораларини кенгайтириш, сув ва экологик инфратузилмага узоқ муддатли инвестицияларни жалб этиш, шунингдек, умумий экспертлар базаси ва таҳлилий базани мустаҳкамлаш устувор вазифалар сифатида қолмоқда.

Кейинги йилларда Марказий Осиёнинг экологик кун тартиби самарадорлиги минтақа мамлакатлари сиёсий ҳамкорлик натижаларини барқарор қўшма механизмларга қанчалик изчил трансформация қила олишига боғлиқ бўлади.

Остона шаҳрида бўлиб ўтадиган Минтақавий экологик саммит иқлим масаласида умумий мақсадига эришиш йўлидаги яна бир қадам бўлади. Иқлим ва экологик муаммоларни бартараф этиш бўйича янги ва амалий ечимларни ишлаб чиқиш нафақат Марказий Осиё мамлакатларининг глобал иқлим кун тартибига қўшган ҳиссасини оширишга, балки экотизимлар барқарорлигини таъминлаш, ҳаво ифлосланишини камайтириш, табиий ресурсларни барқарор бошқариш ва устувор равишда сув ва энергетика ресурсларини бошқариш бўйича минтақавий вазифаларни ҳал этишга ҳам хизмат қилади.

 

Эльвира Бикеева,

МҲТИ лойиҳа раҳбари

Малика Сапармуҳаметова,
МҲТИ етакчи мутахассиси

Climate Change Adaptation Measures in the Aral Sea Region

📅 21.04.2026

Today, climate change stands as one of the most urgent and complex global challenges, with its negative effects being particularly acute in ecologically fragile regions under high anthropogenic pressure. One such area is the Aral Sea region, where the consequences of climate change are having a far-reaching impact on the state of natural resources, the living standards of the population, and economic activities.

The desiccation of the Aral Sea has led to a sharp change in the region's microclimate, an increase in air temperature, a decrease in precipitation, intensified wind activity, and a greater frequency of dust and sand storms. These processes are causing land degradation, water scarcity, and a decline in biodiversity. Consequently, agricultural productivity is diminishing, the pressure on drinking water supplies is mounting, and a serious threat to public health is emerging.

Climate change adaptation measures in the Aral Sea region primarily encompass a comprehensive set of actions aimed at sustainable water resource management, strengthening hydro-technical infrastructure, establishing protective forest plantations on the dried seabed, reducing land degradation, conserving biodiversity, and enhancing the climate resilience of the population.

 

In the New Uzbekistan, the issue of adapting to climate change is one of the priority directions of state policy.

Under the leadership of President of Uzbekistan Shavkat Mirziyoyev, numerous initiatives are being advanced at the international level to ensure environmental sustainability, protect natural resources, and adapt to climate change.

Notably, on the initiative of the President of the Republic of Uzbekistan, a special resolution "On declaring the Aral Sea region a zone of environmental innovations and technologies" was adopted at the 75th session of the UN General Assembly on May 18, 2021.

Today, programs aimed at transforming the Aral Sea region into a zone of environmental innovations and technologies, developing green infrastructure, and increasing the population's resilience to climate change are being consistently implemented. This is crucial for combating the negative environmental and public health consequences of the Aral Sea's desiccation, addressing the resulting problems, and improving the living conditions of the local population by ensuring their employment.

In his speech at the 80th session of the UN General Assembly in September 2025, the leader of Uzbekistan will emphasize that the negative consequences of the Aral Sea's desiccation must remain a constant focus of the global community. It will be noted that in recent years, 2 million hectares of salt-tolerant desert plants have been planted on the dried seabed, and by 2030, green cover will be established across 80 percent of this area.

The International Fund for Saving the Aral Sea (IFAS) is a key institutional center that develops practical solutions for climate change adaptation.

The Agency of the International Fund for Saving the Aral Sea (IFAS), operating within the IFAS system, plays a crucial role in implementing climate change adaptation measures in the Aral Sea region.

Specifically, within the framework of the "Creation of Small Water Bodies in the Amu Darya Delta (Phase II) " project, mechanisms for a stable water supply to the lake system have been improved. This is enabling the redistribution of water resources, regulation of the hydrological regime, and strengthening of the region's ecological balance.

In parallel, the reconstruction of the Muynak Canal has significantly increased its water conveyance capacity. Water distribution efficiency has improved, the water supply to the lakes has stabilized, and water losses have been considerably reduced.

Furthermore, as part of the reconstruction of the "Ribache" reservoir dam, hydraulic structures were reinforced, water discharge systems were modernized, and the risk of erosion was significantly diminished. This contributes to strengthening water security and ensuring the effective and rational use of water resources.

In the area of ecological restoration, protective forests are being established in the Akhantay and Akkum areas. Forest reclamation measures carried out on the dried seabed are helping to reduce wind erosion and salt migration processes. Through these efforts, the microclimate in the region is stabilizing, and landscape degradation is being prevented.

At the same time, the social dimension is also vital for ensuring environmental sustainability. To this end, competitions, educational campaigns, and promotional events aimed at raising ecological awareness among youth are regularly organized.

Additionally, modern models for the sustainable use of water and land resources are being introduced for the local population and farms. In this process, special attention is focused on the widespread adoption of water-saving technologies, effective management of land resources, rational land administration, and the implementation of agricultural practices adapted to climate change.

As a result of these measures, it is possible not only to mitigate environmental problems but also to raise the population's standard of living, ensure economic stability, and strengthen the region's resilience to climate change.

 

A Digital and Scientific Approach: A New Stage in Climate Adaptation

At the current stage, climate change adaptation processes are not limited to traditional methods but are being integrated with modern digital technologies and scientific approaches. Specifically, these include:

- real-time monitoring of hydrological and meteorological data;

- analyzing the condition of territories based on satellite imagery;

- planning and optimal allocation of water resources;

- and collecting and managing data through digital platforms.

These approaches enable the early detection of climate change impacts, the reduction of risks, and the efficient use of resources.

At the same time, international cooperation is crucial for the effective implementation of climate change adaptation measures in the Aral Sea region. In particular, through collaboration with the Swiss Agency for Development and Cooperation (SDC), efforts are underway to enhance the region's climate resilience through sustainable water resource management and the introduction of integrated approaches.

Additionally, in partnership with the Global Water Partnership (GWP), mechanisms for ensuring water security and the rational use of resources are being developed. Meanwhile, projects implemented with the Organization for Security and Co-operation in Europe (OSCE) involve monitoring the ecosystems of the Aral Sea's wetlands to assess the impacts of climate change and develop adaptation measures.

Adapting to climate change in the Aral Sea region is not merely about addressing environmental problems; it is a fundamental condition for achieving sustainable development.

The ongoing systemic reforms show that through a scientific approach, modern technologies, and institutional cooperation, sustainable solutions can be achieved even amid the most complex environmental crises.

The primary task now is to prioritize climate change adaptation in every sector and integrate it into our way of life.

This is because adapting to climate change is not just a present-day task, but a strategic responsibility to future generations.

 

Birodarjon Burkhonjonov,

Head of the Agency of the International Fund for Saving the Aral Sea.

Uzbekistan’s Green Economy Transition: Institutional Reform, Carbon Markets, and a New Growth Model

📅 20.04.2026

In recent years, the Republic of Uzbekistan has embarked on a structured and institutionally grounded transition toward a green economy, positioning sustainability as a core driver of long-term economic resilience, competitiveness, and global integration.

This transformation reflects a comprehensive approach that combines policy reform, market-based instruments, and active international cooperation, enabling the country to move from strategic commitments to measurable outcomes.

The foundation of Uzbekistan’s green transition was laid through the adoption of a comprehensive policy framework in 2022, which established strategic priorities for green growth through 2030. This framework includes sectoral energy efficiency concepts, a national green growth program, and a detailed action plan.

Importantly, the government has set clear quantitative targets, including reducing the energy intensity of GDP by 20 percent by 2026 compared to 2022 levels. Institutional capacity has also been strengthened through the establishment of interagency coordination mechanisms and donor engagement platforms, ensuring coherent implementation across sectors. 

A major milestone in the reform process has been the introduction of a green energy certificate system, which enables verification that electricity is generated from renewable sources. This system has facilitated the development of a transparent renewable energy market and strengthened the ability of domestic producers to access environmentally regulated export markets.

To date, more than 446,000 green energy certificates have been issued and traded, reflecting growing demand for clean energy solutions and increasing private sector engagement.

Uzbekistan has taken a pioneering role in Central Asia in developing carbon market mechanisms. In cooperation with the World Bank, the country is implementing innovative approaches to carbon trading in line with Article 6 of the Paris Agreement.

Through initiatives such as the iCRAFT project, supported by the Transformative Carbon Asset Facility (TCAF), Uzbekistan is mobilizing up to $46.2 million in climate finance between 2024 and 2028. Initial results include the reduction of approximately 10 million tons of CO₂-equivalent emissions and the attraction of around $15 million in funding.

At the same time, regulatory frameworks for international carbon trading and emissions accounting are being developed, positioning Uzbekistan for full participation in global carbon markets. 

A key achievement has been the adoption of the Law on Limiting Greenhouse Gas Emissions in 2025, which establishes the legal foundation for emissions regulation, national registries, and climate policy instruments.

Complementing this, Uzbekistan has introduced a national transparency system to monitor progress toward its Nationally Determined Contributions (NDCs). This system enhances data reliability, strengthens accountability, and builds trust among international investors and development partners. 

Uzbekistan is actively developing a national green finance ecosystem aimed at mobilizing public, private, and international capital. Policy efforts include the development of green financing frameworks, institutional mechanisms, and project pipelines.

International partners play a critical role in this process. Cooperation with institutions such as the European Bank for Reconstruction and Development has enabled the implementation of green financing programs, including the Green Economy Financing Facility (GEFF), channeling substantial resources into energy efficiency and sustainable technologies.

Furthermore, Uzbekistan’s participation in the Climate Investment Funds Industrial Decarbonization Program provides access to up to $250 million in concessional financing, significantly expanding the scale of green investments. 

The transition to a green economy is closely linked to industrial modernization.

Uzbekistan is implementing targeted programs to support enterprises in adopting low-carbon technologies, improving resource efficiency, and enhancing competitiveness.

Partnerships with international organizations, including German development institutions, are facilitating policy development, capacity building, and practical support for small and medium-sized enterprises in reducing emissions and transitioning to sustainable production models.

Uzbekistan continues to strengthen its role in global climate governance through active international engagement. The country has joined the Global Methane Pledge, committing to reduce methane emissions by at least 30 percent by 2030.

Bilateral cooperation is expanding through mechanisms such as the Joint Crediting Mechanism (JCM) with Japan, as well as climate partnerships with the Republic of Korea, Germany, and Hungary under the Paris Agreement framework.

In addition, the Ministry of Economy and Finance has joined the Coalition of Finance Ministers for Climate Action, reflecting the integration of climate considerations into macroeconomic and fiscal policy. 

Digital transformation plays an increasingly important role in supporting green reforms. Uzbekistan has launched a national online platform that consolidates data on green projects, regulatory frameworks, and international practices.

This digital infrastructure enhances transparency, supports evidence-based policymaking, and improves coordination across institutions.

Uzbekistan’s transition to a green economy represents a comprehensive and forward-looking reform agenda that integrates institutional development, market mechanisms, and international cooperation.

The progress achieved to date demonstrates a clear shift from policy design to effective implementation. By strengthening governance frameworks, mobilizing green finance, and fostering global partnerships, Uzbekistan is building a resilient and sustainable economic model.

In the long term, the green transition is expected to serve not only as an environmental imperative but also as a key driver of economic growth, investment attractiveness, and deeper integration into the global economy.

Ministry of Economy and Finance

of the Republic of Uzbekistan

Uzbekistan and Kazakhstan: Digital Cooperation Enters a New Phase

📅 20.04.2026

In recent years, cooperation between Uzbekistan and Kazakhstan in the field of information and communication technologies (ICT) has expanded steadily, acquiring strategic significance. This partnership not only strengthens economic ties between the two nations but also serves as a foundation for the formation of a unified digital space across Central Asia.

A Robust Legal Framework

The legal foundations of bilateral cooperation were established in the early years of independence and have been progressively refined since. Agreements and memoranda concluded in the areas of electrical and postal communications, cross-border telecommunications services, radio frequency coordination, and space research have created a solid basis for bilateral relations. Notably, a new agreement on radio frequency usage signed in 2025 is contributing to the harmonised development of shared digital infrastructure.

Digital Economy: Growth and Investment

Cooperation in the digital economy has intensified considerably in recent years. The number of IT Park residents with Kazakhstani capital has reached 67, with export services valued at USD 2.8 million rendered in 2025 and 755 new jobs created. The number of companies exporting services to the Kazakhstani market has reached 155, with total export volume amounting to USD 17.6 million and a combined workforce of 4,600 employees — a clear indicator of growing mutual trust and an increasingly favourable business environment.

The Central Asian Innovation Hubs platform, established through the cooperation of the region's leading technology parks, has elevated the regional startup ecosystem to a new level, enabling hundreds of startups to access international markets.

Startups and Global Integration

Special attention is being devoted to startup support within the framework of bilateral cooperation. Both countries' startups are actively participating in such prestigious events as ICT Week Uzbekistan and GITEX Global. Kazakhstani and Uzbekistani startups have attracted new investment through participation in international acceleration programmes held in the United States, the UAE, Germany, and the United Kingdom. Forty startups participated in the Draper University, AlchemistX, and Silicon Valley Residency programmes.

One hundred startups under the Central Asian Innovation Hubs umbrella participated in major international conferences, including the AI Forum in Kazakhstan, Eurasia Technology Week in Turkey, Machines Can See Summit in the UAE, GITEX in Germany, and London Tech Week in the United Kingdom.

More than 20 companies with Uzbek capital are currently operating among Astana Hub residents, including Oson, Billz, Sales Doctor, IT Academy for Engineers, Verifix, Smartup, Iman, Uysot, Smartcast, Tezbor, Platma, and BITO.

The opening of the Khan Tengri Innovation Hub in Shanghai has broadened market entry opportunities for regional startups in China.

On 3 October 2025, the Kazakhstan Market Entry global acceleration programme was launched during the Digital Bridge 2025 international conference, with 10 startups from the Republic of Uzbekistan presenting their projects on stage. The programme is being conducted in partnership with Astana Hub as an exchange initiative, under which 10 Kazakhstani startups are actively developing their products in the Uzbekistani market through the Digital Startup Awards acceleration programme.

The Digital Startup Awards — one of the region's most prominent initiatives with a total prize fund of USD 1 million — brought together startups from Central Eurasia, including Kazakhstan and other regional markets, through its incubation, acceleration, and Best Startup Project competition components. Upon completion of the programme, 14 startups successfully completed the acceleration track and 15 completed incubations. Based on results achieved and expansion potential, IT Park Ventures invested up to USD 50,000 per startup in SAFE format for acceleration participants, and up to USD 10,000 for incubation participants on the same terms.

Telecommunications: Strengthening Interconnectivity

In the field of telecommunications, direct communication channels have been established between major operators of both countries, enabling the efficient exchange of international telephone and internet traffic. Operators including Uzbektelecom JSC, Kazakhtelecom JSC, Jusan Mobile JSC, TransTeleKom JSC, and TNS-Plus LLC are facilitating the exchange of international direct and transit telephone and telegraph traffic. Additionally, a system for sharing data on the IMEI codes of mobile devices is being introduced between the two states — a significant measure in ensuring information security and combating the circulation of unauthorised devices.

Artificial Intelligence: Forward-Looking Cooperation

Cooperation in the field of artificial intelligence is progressing consistently. Scientific and research ties have been established with the Institute of Artificial Intelligence at Nazarbayev University in Kazakhstan. Specialists from both countries are engaged in joint work on personnel training, the development of research laboratories, and the creation of innovative solutions.

Digital Government: Cross-Border Collaboration

On 17 December 2025, agreements were reached to launch a pilot project on tourism data exchange, building on Memoranda of Understanding signed between the UN ESCAP and both the Republic of Uzbekistan and the Republic of Kazakhstan.

On 13 March 2026, a meeting held at the Digital Government Project Management Centre between UN ESCAP, Korea's National Information Society Agency (NIA), and Kazakhstan's NITEC JSC announced the successful completion of the first phase of the project. During this phase, the legal and technical frameworks for cross-border data exchange among Uzbekistan, Kazakhstan, and Korea were developed, and data-driven analyses were prepared demonstrating their value in decision-making processes. Results pertaining to the activities and consumer behaviour patterns of Korean tourists in Uzbekistan proved particularly significant.

Upon the successful completion of subsequent phases, the project envisions expanding data exchange to other priority sectors and establishing a unified intergovernmental data-sharing platform among Uzbekistan, Kazakhstan, and the Republic of Korea — an initiative that will drive the development of cross-border digital cooperation and enhance the efficiency of both public and commercial services.

Information Security and Infrastructure

Efforts are under way within the framework of cooperation memoranda to develop e-government systems, digital platforms, and public data management systems. The transition of digital television broadcasting to enable the rollout of 4G and 5G networks in the 700 MHz band is being implemented in a coordinated manner across Central Asia.

ICT cooperation between Uzbekistan and Kazakhstan today carries strategic importance not only for both nations, but for the entire Central Asian region. Joint initiatives in digital economy, the startup ecosystem, artificial intelligence, and telecommunications are accelerating innovation-driven development across the region. This partnership will undoubtedly serve as a key driver in the formation of a unified digital space and the enhancement of global competitiveness.

“O'zbek futboli” – A Documentary Chronicle of a Century-Long Journey Toward the Nation’s Greatest Football Dream

📅 22.06.2026

In the year of a historic achievement for national sport – the first-ever qualification of Uzbekistan’s national football team for the FIFA World Cup – the documentary film “O'zbek futboli” has been unveiled, telling the story of more than a century of the formation and development of football in our country.

The production of the film coincides with an event that has become a source of national pride and a landmark moment in the history of modern Uzbekistan. The national team's qualification for the FIFA World Cup is not only an outstanding sporting accomplishment, but also a historic opportunity to revisit the origins of Uzbek football and pay tribute to the people, teams, and milestones that have shaped its legacy and brought this long-awaited success within reach over the course of more than one hundred years.

The idea for the documentary emerged in September 2023 during a meeting between the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, and representatives of the Uzbek diaspora in New York. During the meeting, an initiative was proposed to create a documentary dedicated to the history of Uzbek football and its development over more than a century. The initiative received the support of the Head of State, after which work on the project commenced with the assistance of the Press Service of the President of the Republic of Uzbekistan and the Center for National Content Development (Content Center), under the leadership of Kobuljon Akhmedov.

“O'zbek futboli” is an effort to preserve for future generations the story of the individuals whose dedication enabled Uzbek football to travel the remarkable path from the first matches of the early twentieth century to the country's participation in the FIFA World Cup. The documentary is built upon archival materials, eyewitness accounts, and interviews with football veterans, coaches, sports experts, journalists, and current members of the national team.

Filming took place in Tashkent, Kokand, and London. These locations were carefully selected to trace the key stages in football's development – from its beginnings in Uzbekistan to the origins of the modern global game. Particular attention was devoted to historical accuracy, recreating the atmosphere of different eras, and presenting an honest and authentic account of the journey Uzbek football has undertaken over the past century.

The film explores not only the national team's road to its historic World Cup qualification but also the broader evolution of football culture in Uzbekistan. It tells the story of the emergence of the country's first football clubs, the growth of youth academies, professional teams, coaching traditions, the role of supporters, and the contributions made by many generations of athletes to the development of national football.

The documentary features legendary footballers of previous generations, current players of the Uzbekistan national team, coaches, referees, sports officials, journalists, and researchers of football history. By bringing together the voices of several generations, the film allows audiences to experience the story of Uzbek football through the eyes of those who lived it and helped shape it.

At its heart, the documentary conveys a simple yet powerful message: great victories are never accidental. Every success is built upon years of hard work, an unwavering belief in a dream, and the efforts of countless people across generations. Through this film, its creators seek to emphasize the importance of respecting history, preserving continuity between generations, loving one's homeland, believing in one's own potential, and uniting society around a common goal.

“O'zbek futboli” is a story about how dreams become reality when an entire nation continues to believe in them for many years.

Uzbek football is not merely the fulfillment of a dream. It is a reward bestowed upon generations of people who refused to stop believing in it.

https://drive.google.com/drive/folders/1ZwkXogix-5oZmlgy5s1uWIzG5AJ7TFck

To the participants of the joint conference of the International Federation of Textile Manufacturers and the International Association of Apparel Manufacturers

📅 10.09.2024

Dear participants of the conference!

Ladies and gentlemen!

First of all, from the bottom of my heart, I sincerely congratulate you, my dear ones, on the opening of today's prestigious event - the joint conference of the International Textile Federation and the International Association of Apparel Manufacturers.

I would like to express my special gratitude to the President of the International Federation of Textile Manufacturers Mr. Kei Vi Srinavasan and President of the International Association of Apparel Manufacturers Mr. Chem Altan for the fact that this joint conference is being held in Uzbekistan for the first time.

At the same time, I express my sincere gratitude to the high-ranking representatives of the industry, heads of prestigious international and regional organizations participating in this conference.

Welcome to the pearl of the ancient Great Silk Road, the land of craftsmen - the majestic city of Samarkand!

Dear participants of the conference!

In recent years we have taken decisive steps to radically improve the investment and business environment, create favorable conditions for foreign and domestic investors.

As in all spheres and sectors, we have been implementing large-scale reforms in the textile and garment industries.

First of all, the state monopoly in cotton cultivation has been abolished, and a cluster system has been created and is being consistently improved, covering the entire process from raw material procurement to the production of finished goods.

Our reforms in this area have won the recognition of prestigious international organizations, and the boycott of Uzbek cotton has been lifted. Our cooperation with the international coalition “Cotton Campaign” continues in this direction.

At the same time, as a result of creating a stable legislative framework, improving the investment environment and introducing new technologies, the volume of cotton fiber processing increased from 40 percent in 2017 to 100 percent. At the same time, the work on import of cotton raw materials and production of finished products with high added value began.

Thanks to the opportunities created in the sphere, the volume of textile production has increased 5 times, its export - 4 times.

The most important thing is that earlier a significant part, i.e. 70 percent of exports in the sector, was accounted for raw materials, while today 60 percent of exported goods are finished products.

In the first years of reforms, we identified as a priority task the development of human capital, training of the population, especially young people and women, in professions, training of qualified personnel for all sectors, and these issues will continue to be in the center of our attention.

Decent working conditions that meet international requirements are created for the employees of enterprises, and the “Better Work” and “Better Cotton” programs are systematically implemented.

Particular attention is paid to ensuring labor rights and providing full support to over 600,000 workers.

At the same time, decisive measures are taken to create national brands, attract prestigious international and foreign trademarks to our country.

Authoritative participants of the world market, such as “Teamdress” (Germany), “Cotonella” (Italy), “Indorama” (Singapore), “Posco International” and “Gwangyang” (South Korea) are effectively operating in the country.

Uzbekistan's textile industry is being actively integrated into global production processes, and the number of our reliable partners on all continents of the world is increasing.

It should be noted that long-term cooperation with foreign investors and international brands, increasing production of high value-added products, bringing national brands to the international level will remain our priorities in the textile industry in the future.

I am convinced that today's conference will serve as an effective platform for further strengthening and expanding cooperation in this area on an international scale, sharing best practices and ideas.

I hope it will contribute to further expansion of mutually beneficial cooperation between representatives of more than 500 national and international organizations, manufacturers and retailers participating in the conference, and will bring the development of the industry to a qualitatively new level.

We highly appreciate and support all mutually beneficial initiatives of our foreign partners. In particular, we are ready to provide all possible assistance in introducing the necessary standards for international brands to enter Uzbekistan.

We are ready to create all necessary conditions for prestigious international organizations to regularly hold conferences, exhibitions and fashion shows in our country, particularly in such cities as Bukhara, Khiva, Shakhrisabz, Margilan, Kokand, Namangan, Andijan, which have high tourism and industrial potential.

I am confident that the ancient history, rich cultural heritage of our country, meetings with our hard-working and generous people will make an indelible impression on you, and the huge socio-economic potential of our regions will encourage investors to implement new projects.

I congratulate you once again on the opening of the prestigious conference that is starting today and wish you all good health, happiness and prosperity, success in the fruitful work of the conference.


Shavkat Mirziyoyev,

President of the Republic of Uzbekistan

18 new energy facilities commissioned, 6 facilities are launched for construction

📅 16.12.2024

President of the Republic of Uzbekistan Shavkat Mirziyoyev on December 13 took part in a solemn ceremony dedicated to the launch of new energy capacities and the beginning of construction of a number of facilities.

These projects are part of a large-scale work aimed at strengthening the potential of the country's energy system. Last December, five solar and one wind power plants were put into operation. Many new projects were launched during the Head of State's visits to the regions.

Today, 24 projects worth more than $7 billion have been launched. In particular, in Bukhara, Navoi, Namangan and Tashkent regions, 5 solar and wind power plants with a total capacity of about 2.3 thousand megawatts, as well as 5 high-voltage substations have been connected to the network.

For the first time in Uzbekistan, an energy storage system with a capacity of 300 megawatts was created in Andijan and Fergana. A 400 megawatt power plant was put into operation in Kashkadarya, and a modern cogeneration plant was put into operation in Tashkent, and in Andijan, Surkhandarya and Tashkent regions - four small hydroelectric power plants.

In addition, construction of 6 energy facilities with a total capacity of 2.5 gigawatts has started in Fergana, Samarkand, Navoi, Tashkent regions and Tashkent city.

These new projects will generate an additional 9.5 billion kilowatt hours of electricity, save 2.5 billion cubic meters of natural gas and prevent the emission of 4.6 million tons of harmful gases in the coming years.

Most importantly, over 4 million households will be provided with uninterrupted and clean energy. 

This will also set the stage for $4 billion worth of value creation in other sectors of the economy.

In total, in 2025, our country will produce 84 billion kilowatt-hours of electricity, which is 25 billion kilowatt hours or 1.5 times more compared to 2016.

Speaking at the ceremony, President Shavkat Mirziyoyev emphasized that all these projects are implemented through foreign direct investment. Gratitude was expressed to companies from the United Arab Emirates, Saudi Arabia, Türkiye, China and Germany, as well as international institutions such as the Asian Development Bank, the Asian Infrastructure Investment Bank, the Islamic Development Bank, the European Bank for Reconstruction and Development and the World Bank for their fruitful cooperation.

Thanks to the open access of the private sector, Uzbekistan's energy sector has attracted about $20 billion of foreign direct investment over the past five years. 

Twenty-four independent energy producers have started to operate in the sector, where previously only the state was present.

In particular, large solar and wind power plants with a total capacity of 3,500 megawatts, equivalent to 10 billion kilowatt-hours, were launched in the green energy sector. This increased the share of “green energy” in the energy system to 16 percent.

As is known, last year the country's GDP reached the historic figure of $100 billion for the first time. By 2030, Uzbekistan's economy should grow to $200 billion.

This will increase the demand for electricity by 1.5 times over the next five years. In addition, under the Paris Agreement, it is planned to reduce harmful gas emissions by 35 percent by 2030.

The President outlined the priority areas of work in the energy sector.

First, 19 thousand megawatts of additional “green capacity” will be built by 2030, and the share of renewable energy will be increased to 54 percent. Already by 2025, 18 solar and wind power plants with a capacity of 3.4 thousand megawatts and energy storage systems with a capacity of 1.8 thousand megawatts are planned. This will increase green energy production to 12 billion kilowatt-hours next year. Also within two years, a large-scale project will be implemented in cooperation with private partners to create more than 2,000 small and micro-hydroelectric power plants.

Second, liberalization of the electricity market will continue. By the end of next year, it is planned to create a competitive wholesale electricity market. Public-private partnership will be introduced in the sphere of energy distribution, and $4 billion of investments will be attracted for the modernization of networks. The first project of transferring the management of regional power grids to the private sector has been developed in Samarkand region, and an international tender has been announced.

Third, the expansion of international cooperation in the field of “green energy”. Within COP-29, agreements were signed with Kazakhstan, Azerbaijan and Saudi Arabia on joint export of “green energy” to Europe. Jointly with neighboring countries a single platform has been launched to ensure the stability of the regional energy system.

Fourth, development of “green energy” as a new driver for other sectors of the economy and improvement of living standards of the population. 

Solar panels with a total capacity of 1,000 megawatts have already been installed, which makes it possible to produce 1.5 billion kilowatt-hours of electricity annually. Support for “green” initiatives will continue with the introduction of dual education for the training of specialists.

- Today's event opens a new page in the history of our country's energy sector. These projects will not only ensure economic growth, but also will create an environmentally friendly and sustainable future for our descendants - said Shavkat Mirziyoyev.

The ceremony was addressed by Minister of Energy and Infrastructure of the United Arab Emirates Suhail Mohamed Al Mazrouei, Minister of Energy and Natural Resources of Türkiye Alparslan Bayraktar and Minister of Energy of the Kingdom of Saudi Arabia Prince Abdulaziz bin Salman Al Saud.

By pressing a symbolic switch, President Shavkat Mirziyoyev launched the operation of 18 energy facilities and construction of 6 new projects.

Leaders of Uzbekistan and Qatar review prospects of expanding strategic partnership

📅 18.12.2024

Issues of practical implementation of agreements at the highest level and promotion of investment projects were at the center of attention during the telephone conversation held on December 17 between the President of the Republic of Uzbekistan Shavkat Mirziyoyev and Amir of the State of Qatar Sheikh Tamim bin Hamad Al-Thani.

The Head of our state warmly congratulated the Amir of Qatar on the national holiday - Foundation Day, wishing him health, well-being and success, as well as peace and prosperity to the friendly Qatari people.

Current matters of further expansion of multifaceted cooperation and strengthening of strategic partnership between our countries were discussed.

The results of active contacts and exchanges were positively assessed. In November this year, the first meeting of the Intergovernmental Commission and business forum were successfully held in Doha. In October, the Qatar Culture Week events were successfully organized in Tashkent.

With the participation of leading Qatari companies, investment projects are being implemented in the field of energy, development of transport and tourism infrastructure, agriculture, healthcare and other priority areas.

There is a regular direct flight service between the capitals, which facilitates the growth of mutual tourist flow.

During the conversation, the heads of state paid particular attention to the schedule of upcoming events in 2025, including the second dialogue summit “Central Asia - Cooperation Council for the Arab States of the Gulf”.

Exchange of views on topical issues on the international agenda also took place.

Business Climate Analysis of Uzbekistan – CERR Survey

📅 27.02.2026

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

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

Dynamics of Uzbekistan’s Composite Business Climate

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

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

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

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

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

Sectoral Dynamics of the Business Climate Index

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

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

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

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

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

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

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

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

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

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

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

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

Barriers to Entrepreneurial Activity

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

 

CERR Sector for the Study of Sectoral Competitiveness and Investment Activity

Tel: (78) 150 02 02 (441)

CERR Public Relations and Media Sector

Tel: (78) 150 02 02 (417)