Phone
Consular Issues
Phone
Uzbekistan news
We recommend
The Second Asian Women’s Forum to be held in Bukhara on May 13–15
📅 03.04.2026
A meeting of the Organizing Committee for the Second Asian Women’s Forum was held at the Senate of the Oliy Majlis.
The meeting was chaired by the Chairperson of the Senate, Tanzila Narbaeva.
The meeting was attended by members of the Organizing Committee, senators, heads of relevant ministries and agencies, as well as representatives of non-governmental non-profit organizations.
It should be noted that the Head of state, during the 80th session of the United Nations General Assembly held on September 23–29, 2025, proposed transforming the Asian Women’s Forum into a permanent platform.
To this end, it was decided to hold the forum jointly with UN Women and the United Nations Population Fund on May 13–15 this year in the city of Bukhara.
The forum will address issues related to empowering women in the region in areas such as politics, economy, healthcare, education, social protection, climate, environment, and governance. It is expected to enhance both global and regional cooperation, with active exchange of experience.
The event will also serve as a platform to present to international participants the reforms implemented in Uzbekistan under the leadership of the Head of State, including measures to support women, socio-economic opportunities, and conditions created in employment, entrepreneurship, education, and social protection, as well as achievements in community development and tourism potential.
Particular attention will be given to the implementation of key international frameworks, including the Convention on the Elimination of All Forms of Discrimination against Women, UN Security Council Resolution 1325, the Beijing Declaration and Platform for Action, and the Sustainable Development Goals.
During the meeting, participants discussed organizational aspects related to the forum, including its agenda, content, and arrangements for bilateral meetings with foreign delegations.
Following the meeting, relevant ministries and agencies were assigned specific tasks to ensure the forum is held at a high level.
Dunyo IA,
Tashkent
Ecological cooperation between Uzbekistan and the United States elevated to the level of a strategic partnership
📅 26.06.2026
Today, environmental challenges such as climate change, desertification, biodiversity loss and air pollution are driving countries around the world toward closer cooperation. Uzbekistan has likewise identified environmental protection and climate change adaptation as key priorities of its state policy. In this context, the development of international partnerships, particularly with the United States, is of special importance.
At present, experts and representatives from both countries actively engage on various international platforms. In particular, the National Committee on Ecology and Climate Change of the Republic of Uzbekistan regularly participates in meetings of the Environment and Energy Working Groups within the C5+1 framework. This dialogue platform enables the countries of Central Asia and the United States to exchange expertise on environmental issues and advance new initiatives.
In recent years, bilateral cooperation has gained significant momentum. Uzbek delegations have taken part in international forums, educational programs, and professional development initiatives hosted in the United States. Participation in sessions of the United Nations Forum on Forests, visits organized through cooperation with the United States Geological Survey (USGS) and educational exchanges on environmental topics under the U.S. Congress’s Open World Program have all contributed to strengthening professional expertise and promoting the exchange of knowledge and best practices.
In 2024, a meeting between Uzbekistan’s Minister of Ecology, Environmental Protection and Climate Change, Aziz Abdukhakimov, and U.S. Presidential Advisor Sara Minkara underscored the importance of integrating social considerations into the environmental agenda. The parties discussed the impact of climate change on persons with disabilities and reached an agreement to foster cooperation between higher education institutions in the two countries.
Significant progress is also being made in scientific collaboration.
A memorandum signed in 2025 between Green University in Tashkent and the Center for Sustainable Development at Columbia University is expected to elevate research in the fields of ecology and climate change to a new level. A practical outcome of this partnership was the visit to Uzbekistan by world-renowned economist and sustainable development expert Jeffrey Sachs.
Looking ahead, there are broad opportunities to further expand environmental cooperation between Uzbekistan and the United States. One particularly promising area is the study of U.S. experience in forest management. Approximately one-third of the United States is covered by forests and the country has developed advanced forest management and monitoring systems that may offer valuable insights for Uzbekistan.
Considerable potential also exists in the fields of biodiversity conservation and protected area management. In the United States, millions of hectares of land are managed for conservation purposes and this experience could contribute to the further development of Uzbekistan’s protected area system.
Particular attention should also be given to cooperation in education and science. Establishing partnerships between Green University and leading global institutions such as the University of California, Berkeley, Stanford University, Harvard University and Yale University would not only enhance the quality of scientific research but also help prepare a new generation of specialists in ecology and climate science.
In addition, the United States’ advanced experience in sustainable urban development and «green» infrastructure is of considerable interest for Uzbekistan’s cities. Cities such as Portland and Seattle have successfully implemented projects involving «green» streets, cycling infrastructure, modern waste management systems and air quality monitoring technologies. Studying these practices could support the advancement of green city initiatives across Uzbekistan.
The hosting of the Eighth Assembly of the Global Environment Facility (GEF) in Samarkand in 2026 further strengthened Uzbekistan’s international standing in the field of environmental cooperation. The participation of U.S. representatives in Eco Expo Central Asia 2026, organized as part of this landmark event, has the potential to elevate environmental partnership between the two countries to a qualitatively new level.
Today, environmental cooperation between Uzbekistan and the United States extends beyond individual projects and events, increasingly taking on the character of a long-term strategic partnership. At a time when climate change and environmental security are becoming ever more pressing global concerns, such cooperation will contribute to sustainable development not only in both countries, but across the wider region as well.
Improving Housing Conditions in Uzbekistan: The Role of Demographic Growth and Urbanization
📅 13.05.2026
In recent years, improving the living standards of the population and ensuring access to housing has become one of the top priorities of state policy in Uzbekistan. The reforms being implemented in this area go beyond simply increasing construction volumes — they are being carried out through a comprehensive approach closely linked to accelerating demographic growth and urbanization.
Demographic Factor and Growing Housing Demand
The high rates of demographic growth observed in the country require a fundamental review of housing policy. In recent years, the country’s population has been growing by nearly 800,000 people per year, and the number of new families by 250,000 — figures that demand a sharp acceleration of efforts to meet housing needs. To address this demand, the construction of 110,000 apartments for 2025 alone. By 2040, the goal is to double the number of housing units built annually to 421,000 and increase the mortgage loan portfolio to $56.7 billion.
Urbanization and the Shift to Integrated Construction (Vertical Growth)
Due to rapid population growth and limited land resources, the approach to urban expansion is changing. The approximately 40% of the country’s multi-apartment housing stock, currently made up of 2–3-story buildings, is being replaced by modern housing built on the principle of vertical growth, incorporating social infrastructure and green spaces.
Strict urbanization criteria have been established for the development of “New Uzbekistan” residential districts. In particular, new sites are selected based on the following criteria:
- The district must be located near the district (or city) center (within 2 km) and have existing infrastructure.
- At least 70,000 residents must live in the area.
- Construction of buildings covering at least 100,000 square meters and no fewer than 7 stories.
Institutional Reforms and Digitalization
To effectively manage urbanization and the housing market, the National Committee for the Sustainable Development of Urbanization and the Housing Market has been established. This committee coordinates urbanization processes, renovation programs, and the construction of “New Uzbekistan” districts. To prevent uncontrolled urban sprawl, plans are underway to designate 45 agglomeration zones across the country and launch the “Sustainable City” platform. Additionally, a unified digital urbanization platform called “Uy-joy” is being created to consolidate all urban planning processes, a land bank, and project data.
Environmental Sustainability and “Green” Standards
Environmental sustainability is a priority in the modern urbanization process. According to state programs, in “New Uzbekistan” districts, at least 2% of the cost of constructing multi-apartment housing must be allocated to creating green spaces around residential buildings. For large investment projects in Tashkent, it is mandatory that green spaces occupy at least 30% of the area. Housing and construction projects are evaluated and certified according to special “green” standards.
Social Protection and Financing (Mortgage Subsidies)
The acceleration of urbanization must not leave socially vulnerable segments of the population behind in the housing market. To this end, the mortgage subsidy system has been fully automated through the “subsidiya.idm.uz” platform. The system of providing state budget subsidies to cover down payments and interest has been expanded for low-income families, young people under 30, single women in difficult social circumstances, and official labor migrants.
In general, the reforms aimed at improving housing conditions in Uzbekistan are not simply about constructing new buildings — they represent a broad state policy directed at creating a modern urbanization environment that can withstand strong demographic growth, is ecologically clean, have infrastructure, and is comfortable for the population.
The Legacy of Amir Temur at the Center of Islamic Civilization: The Intellectual Foundation of the Third Renaissance
📅 10.04.2026
April 9 - the 690th anniversary of the birth of Amir Temur
Center of Islamic Civilization in Uzbekistan
Human history shows that great civilizations are built upon a combination of intellectual achievements, spiritual values, and cultural heritage. Central Asia has long been a center of science, art, and philosophy, forming civilizational foundations that have influenced the entire world.
Today, this potential is embodied in a large-scale project — the Center of Islamic Civilization in Uzbekistan, which not only preserves historical artifacts but also serves as a living platform for science, education, and spiritual development.
Created based on the authorial idea of the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, the Center of Islamic Civilization clearly demonstrates that spiritual and educational values can serve as a foundation for national revival and international cooperation, attracting researchers, tourists, and the wider public from all over the world.
Amir Temur occupies a special place in world history as an outstanding statesman, military leader, and founder of one of the largest empires of his time. The late 14th and early 15th centuries were a period of profound political transformations, and in this context Amir Temur succeeded in uniting vast territories from India to the Middle East, creating a powerful state with a stable system of governance.
A special role in his policy was played by diplomacy. Amir Temur established contacts with European countries, including France, England, and Castile. The Spanish envoy Ruy González de Clavijo, who visited Samarkand in 1404, noted the high level of state organization, developed infrastructure, and respect shown to foreign ambassadors.
The arrival of the Castilian ambassador Ruy González de Clavijo to the court of Amir Temur in Samarkand in 1404
Amir Temur also created a unique legal foundation for his empire. According to the “Code of Temur,” the state relied on four pillars: council, deliberation, a well-considered plan, and determination. Nine-tenths of affairs were resolved through consultation and wise measures, and only one-tenth by the sword. This principle reflects the priority of diplomacy and legal solutions over military force, emphasizing the balance of justice and determination in governance.
After the death of Amir Temur, his successors — the Timurids — continued the development of the state, paying particular attention to science, culture, and education. This period became known as the Second Eastern Renaissance, as it witnessed a flourishing of intellectual and artistic life that accelerated the development of the European Renaissance.
A special place among the Timurids is occupied by Mirzo Ulughbek. Mirzo Ulughbek (1394–1449) was an outstanding scholar, astronomer, mathematician, and statesman of the Timurid era, as well as the grandson of Amir Temur. He spent most of his life in Samarkand, which under his rule became a major scientific center of the East.
One of Ulughbek’s greatest achievements was the construction of the Ulughbeg Observatory in the 1420s. This observatory was considered one of the most advanced in the world at that time. Here, together with scholars, he compiled the famous astronomical catalog “Zij-i Sultani,” in which the coordinates of more than 1,000 stars were determined with remarkable accuracy.
“The Baysunghur Quran”, copied by the calligrapher Umar Aqta for Amir Temur
Today, the legacy of the Timurids can be seen at the Center of Islamic Civilization in Uzbekistan, where unique exhibits demonstrating the cultural and spiritual richness of the era are preserved. Among them is a fragment of the Quran copied by the calligrapher Umar Aqta for Amir Temur, known as the “Baysunghur Quran.” This manuscript represents a triumph of calligraphy over ornamentation: harmonious, powerful letterforms and the precise flow of ink create a grand visual effect. The Center preserves a single line of this Quran, allowing visitors to experience the greatness of Timurid art and understand how the culture of writing shaped the spiritual image of the state.
A special place is also occupied by the Baburid talismanic robe — a protective garment created in court workshops to safeguard and bless its wearer. Dense cotton fabric is entirely covered with Quranic texts, as well as the shahada and the 99 names of Allah. On the back, there is a verse from Surah Yusuf (12:64): “Indeed, Allah is the best guardian, and He is the most merciful of the merciful.”
Baburid talismanic robe
The Center of Islamic Civilization in Uzbekistan is not only a museum but also a living educational platform. The architectural concept of the complex harmoniously combines Timurid traditions with modern technologies, symbolizing the unity of past and present. Its 65-meter dome and majestic portals embody the connection of all regions of Uzbekistan, creating a sense of monumentality and historical continuity.
The Center’s exposition is built on the principle of “Civilizations — Personalities — Discoveries” and covers key historical stages: the pre-Islamic period, the First and Second Renaissances, as well as the modern stage of New Uzbekistan. Visitors can not only observe unique artifacts but also interact with them through VR and AR technologies, holograms, and artificial intelligence, making history vivid and tangible.
The Center integrates diverse educational and cultural functions: interactive laboratories, the children’s museum “1001 Inventions”, a library with a collection of more than 2,500 manuscripts and lithographs, around 40,000 printed publications, and over 350,000 digital resources, a school of calligraphy and traditional arts by the King’s Foundation, as well as representative offices of ICESCO, IRCICA, and OCIS. All of this creates a space where tradition and innovation coexist and complement each other, stimulating the development of science and culture.
Thanks to this approach, the Center becomes not just a repository of knowledge but a living bridge between historical renaissances and the Third Renaissance, ensuring continuity of traditions and inspiring new generations toward scientific, cultural, and spiritual achievements.
On April 9, at the initiative of the President of the Republic of Uzbekistan, the 690th anniversary of the birth of the great statesman, military leader, and patron of science and culture, Amir Temur, is being widely celebrated. This anniversary is regarded not only as a tribute to historical memory, but also as an important factor in strengthening national identity, advancing scientific potential, and promoting the country’s cultural diplomacy.
As part of the anniversary events, the Center of Islamic Civilization serves as a key platform for international dialogue. In this regard, on April 9–10 of this year, a large-scale international scientific conference will be held there, bringing together more than 300 leading scholars, researchers, and experts from Europe, Asia, the Middle East, and North America. The conference is aimed at a comprehensive study of the role and significance of Amir Temur and the Timurid civilization in world history and culture, as well as at establishing a sustainable platform for further international scientific and cultural cooperation.
The Center of Islamic Civilization stands today as an intellectual and cultural locomotive of the region, contributing to the unification of humanity on the path toward peace, harmony, and progress, guided by the great principle: “Read in the name of your Lord…”
Dunyo IA
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
The 1st Republic of Korea–Central Asia Summit: Why This Moment Matters
📅 11.09.2026
Authors:
Eldor Aripov, Director of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan
KANG Myongil, Senior Executive Director of the Institute of Foreign Affairs and National Security
When a diplomatic dialogue is elevated from the level of foreign ministers to that of heads of state, it is rarely a matter of protocol alone. Such decisions are typically made when existing mechanisms of cooperation no longer match the scale of emerging challenges.
That is precisely why the upcoming inaugural Republic of Korea-Central Asia Summit marks an important milestone in relations between the two sides. The state visit of President of the Republic of Uzbekistan Shavkat Mirziyoyev to Seoul will take place on the occasion of the Summit.
The Republic of Korea-Central Asia framework itself is not new. For nearly two decades, it has served as a valuable platform for political dialogue and practical cooperation, generating numerous joint initiatives. Bringing the format to the leaders' level, however, reflects a qualitative shift — from sectoral coordination toward strategic decision-making.
For the Republic of Korea, this elevation also reflects a clear commitment to engage Central Asia as a strong strategic partner and to forge a mutually beneficial partnership that builds on strong bilateral ties while advancing broader regional cooperation.
The principal reason for this elevation lies not in a sudden change in Seoul's policy but in the convergence of two developments: the transformation of Central Asia itself and Korea's determination to deepen strategic engagement with the region.
Over the past several years, the region has undergone perhaps its most profound transformation since independence. The Central Asian states have significantly strengthened mutual trust, institutionalized regular political dialogue, and launched mechanisms for practical regional cooperation. As a result, Central Asia is increasingly viewed not simply as a geographical concept, but as a region with the capacity to pursue shared priorities and act with greater strategic coherence.
Against this backdrop, the Republic of Korea's growing interest in the region is hardly accidental.
Korea's economic competitiveness increasingly depends not only on technological leadership but also on resilient supply chains, diversified production networks, and reliable long-term partnerships. Seoul is therefore seeking partners that can offer strategic resources, industrial potential, skilled human capital, and political stability at the same time.
Korea's approach, however, should not be understood as a narrow search for resources or market access. Its comparative strength lies in jointly creating value through technology and knowledge sharing, capacity building, industrial diversification, and the development of secure and sustainable supply chains.
Central Asia is steadily emerging as one such partner, and Korea, for its part, can be a reliable partner in the region's efforts to diversify its economies and move up global value chains.
Today, the region is becoming one of Eurasia's most promising growth markets. Its combined population has surpassed 85 million, with more than half under the age of thirty, while its economies have maintained solid growth in recent years. This combination of demographic dynamism, expanding domestic markets, and growing regional connectivity is reshaping perceptions of Central Asia among global investors and technology-driven economies alike.
Uzbekistan occupies a pivotal place in this transformation.
President Shavkat Mirziyoyev's policy of openness and proactive regional engagement has become a key driver of Central Asia's growing cohesion. Uzbekistan, home to nearly 38 million people — almost half of the region's population — has played a leading role in promoting dialogue, connectivity and practical cooperation across Central Asia.
The country has likewise deepened its partnership with the Republic of Korea. Bilateral trade has nearly doubled over the past eight years. Around 700 enterprises with Korean capital are currently operating in Uzbekistan, while cumulative Korean investment has exceeded US$8 billion. Korean companies are active across a wide range of sectors, including energy, chemicals, engineering, healthcare, digital technologies and education.
People-to-people ties are equally significant. Uzbekistan is home to the largest ethnic Korean community in the post-Soviet space, numbering approximately 170,000 people. The presence of campuses of leading Korean universities further underscores the long-term and multidimensional nature of bilateral cooperation.
These human links give the partnership a distinctive depth. The “Koryo-Saram,” ethnic Koreans in Central Asia, is not only a reminder of shared history, but also a living bridge between the two societies: Expanding educational exchanges and professional mobility can ensure that this relationship remains strong for the next generation.
Yet the true significance of the partnership extends well beyond these impressive figures.
For Central Asia, the Republic of Korea represents one of the world's most compelling examples of successful modernization. Within the span of a single generation, Korea transformed itself from a developing economy into a global technology powerhouse. For a region pursuing ambitious economic reforms, industrial upgrading, and digital transformation, Korea's experience offers not simply a model to study but a practical source of policy inspiration and institutional know-how.
Against this backdrop, the first Republic of Korea-Central Asia Summit at the level of heads of state carries significance far beyond the diplomatic calendar.
It reflects a simple but important reality: Relations between the Republic of Korea and Central Asia have reached a level of maturity where future progress depends not on expanding the number of individual projects but on defining a shared long-term strategic vision.
If the past two decades were devoted to building a solid foundation for cooperation, the decade ahead should be shaped by a common response to the challenges of a new economic era — from artificial intelligence and digital transformation to critical minerals, green infrastructure, industrial cooperation, and human capital development.
This is the broader significance of the upcoming summit.
Its historic importance lies not merely in bringing regional leaders together for the first time but in providing an opportunity to define the next stage of a partnership whose ambitions have already outgrown its previous institutional framework. Success should therefore be measured not only by the number of agreements to be announced in Seoul but by whether the summit establishes regular dialogue at the leaders' level and a practical roadmap that delivers visible and mutually beneficial results for both the Republic of Korea and Central Asia.
On September 8–10th, Tashkent to gather International Textile Industry Professionals
📅 15.08.2026
The capital of Uzbekistan will host the 17th Central Asian International Textile Machinery Exhibition – CAITME 2026. It will inaugurate the traditional Global Textile Days week.
CAITME is a major event for Central Asia's textile and garment industries and, according to an independent audit, the largest specialist exhibition of its kind in the CIS. The exhibition plays an important role in equipping and uprading the region's textile and garment sector, helping manufacturers increase productivity, adopt advanced technologies and strengthen their competitiveness in the international markets.
This year, the exhibition will bring together 250 companies and brands from 17 countries. Germany will be represented by its National Pavilion, while companies from Austria, India, Italy, China, Turkiye, the USA, Switzerland and other leading textile-producing countries will also take part. Registration of participants is in full swing.
As in previous years, the exhibition will feature recognised global leaders in textile machinery manufacturing and suppliers of advanced technologies from Europe and Asia, including Rieter, Uster, Novibra, SSM, Spindelfabrik Sussen, Toyota, Muratec, Truetzschler, Saurer, Picanol, Santoni, Terrot, Habasit, MHMS, Vandewiele NV, Karl Mayer, Staubli, IRO, Biancalani, Ferraro, Epson, Zimmer Austria, Mario Crosta, Itema, Lafer, Motex Di Modiano Guido, Salvade`, Simet, Dettin, Sclavos, Effe, Mahlo, Lonati, Shima Seiki, Andritz Küsters, Brückner, Carl Schmale, Sossna, Texpa, Thies, Groz-Beckert KG, Kaeser Kompressoren, Schott & Meissner, Textima, Tetas, Temsan, Lakshmi Machine Works, Lakshmi Card Clothing, Precitex, Kansai, Brazzoli, Eliar, Guven Celik, West Global, CTMTC, Hengyi, Leadsfon, Rifa, Yingyang, Baoyu, Dyestar, NF Kimya, Eksoy, Deniz Kimya and many more.
Uzbekistan is represented by leading industry players.
A highlight of the exhibition will be the innovative TextileExpo Uzbekistan Sourcing Hub Project, which will take place on September 9th. For the first time in Uzbekistan, textile manufacturers and buyers from retail chains, factories and specialist companies will be able to hold direct business-to-business negotiations in a digital format using Artificial Intelligence.
https://drive.google.com/drive/u/0/folders/1nBUkXzHeF1F5lU-CGzZOI4CrmzOFfbZD
Dunyo IA
Tashkent
Azizbek Urunov: Uzbekistan reserves the right to protect certain sectors of the economy in accordance with WTO agreements
📅 28.01.2026
Today, during a meeting with journalists, Azizbek Urunov, Special Representative of the President of Uzbekistan on WTO issues, answered questions from a correspondent of Dunyo Information Agency:
-How does WTO membership align with the “Uzbekistan - 2030” strategy?
-It fully aligns with it. Uzbekistan’s accession process to the World Trade Organization effectively began in the early days of the large-scale reforms launched under the leadership of President Shavkat Mirziyoyev in 2017. In the initial years, the primary focus was placed on urgent and systemic economic reforms.
These included the liberalization of currency policy, a comprehensive revision of foreign trade policy and a significant reduction and simplification of import tariffs, which helped strengthen competition in the economy and the domestic market.
The active phase of WTO accession negotiations began in 2020. Prior to that, over a period of three to four years, the country deliberately prepared its economy and regulatory framework to meet WTO requirements. A frequently asked question is why the accession process has taken so long, given that Uzbekistan submitted its application back in 1994. Meaningful progress only began after 2020, as before that time the economy and its regulatory mechanisms objectively did not meet WTO standards.
Before 2016, foreign trade was subject to strict regulation. For example, there was a practice of approving a limited list of enterprises authorized to export, particularly in the agricultural sector. The main participants in foreign economic activity were state structures and foreign trade companies affiliated with sectoral ministries.
However, WTO principles are based on equal conditions for all market participants and non-discriminatory access to foreign trade activities. That is why, as part of the reforms, foreign trade policy was comprehensively revised and liberalized. Today, any enterprise has the right to engage in foreign economic activity.
This was not merely an issue of currency convertibility, but rather a set of comprehensive reforms of the entire foreign trade regulatory system, including the elimination of exclusive rights held by state enterprises and the creation of a competitive environment.
I believe it is no secret that the WTO accession process is under the personal oversight of the President of the country. Over the past two to three years, a qualitative breakthrough has been achieved and today Uzbekistan is at the final stage of the negotiation process.
– What long-term national interests does Uzbekistan aim to protect through its accession to the WTO?
As a developing country, Uzbekistan, in accordance with WTO agreements, retains the right to protect certain sectors of the economy in the event of specific difficulties. At the same time, it is important to remember that the fundamental goals of the WTO are to improve the welfare of the population, create jobs and ensure sustainable economic development for member countries.
From a strategic perspective, WTO membership serves two key objectives for Uzbekistan.
The first is exports. Without an active export policy and integration into global value chains, achieving long-term and sustainable economic growth is virtually impossible. Relying solely on the domestic market has inherent limitations. As the domestic market becomes saturated, growth potential diminishes and further development is only possible through expanding presence in foreign markets.
The second objective is investment, primarily quality investment. It is important not only to attract capital but also to ensure its technological, institutional and managerial value. WTO membership sends an international signal that the country’s economy operates under transparent, predictable and investor-friendly rules.
This creates additional conditions for the development of industry and the service sector. Today, about half of Uzbekistan’s GDP is generated by the services sector, indicating its enormous potential for further growth.
Furthermore, Uzbekistan’s geographic location offers significant opportunities. The country is surrounded by dynamically developing markets such as China, the European Union, the Middle East, and India. The active economic development of Saudi Arabia, the UAE, Qatar, Kuwait and other countries generates steady demand for agricultural and industrial products as well as services. This creates favorable conditions for integrating Uzbekistan into global value chains.
– Is it already possible today - at least approximately, in monetary terms - to estimate the total benefit to Uzbek businesses from the removal of tariff regulations within the framework of Uzbekistan’s accession to the World Trade Organization?
– Ten years ago, Uzbekistan’s GDP was around USD 50 billion. By the end of 2025, it had reached approximately USD 147 billion.
Whereas an increase of, say, 5 billion dollars used to represent about 10 percent of GDP, today it accounts for only around 3 percent. Therefore, it is more important to talk not about absolute figures, but about the additional momentum for economic growth.
According to World Bank estimates, WTO membership could provide an additional GDP growth of roughly 17 percent over the next 5–7 years. In the longer term, international studies indicate that developing countries that are WTO members typically achieve an extra 1–1.5 percent GDP growth per year compared with non-member states.
Even a 1 percent additional growth per year, accumulated over 5, 10, or 15 years, can significantly transform a country’s economy.
– What specific instruments and legal mechanisms of WTO rules will work to protect the interests of Uzbekistan and its businesses?
– First and foremost, this concerns the protection of export interests. Today, there are often situations where partners are willing to purchase our raw materials but react negatively to shipments of processed products with high added value. In such cases, discriminatory measures aimed at limiting our exports may be applied.
WTO membership will allow Uzbekistan to challenge such actions in Geneva through the dispute settlement mechanisms and on a bilateral basis, relying on the universal principles of the WTO. This provides protection against unilateral and unjustified trade restrictions.
On the domestic market, the key instruments will be so-called trade remedies - anti-dumping, countervailing and safeguard measures. Currently, draft laws regulating these mechanisms are being developed in Uzbekistan.
The WTO provides developing countries with a longer time frame for applying protective measures: up to eight years and under special conditions - up to ten years. These instruments allow temporary protection for industries under pressure from imports, provided there is evidence of serious economic harm.
Anti-dumping measures are particularly important. Dumping is usually used to push competitors out of the market, followed by the establishment of monopoly prices. WTO legislation allows countries to effectively counteract such practices.
Alongside legislative development, Uzbekistan is preparing national specialists with the support of international experts. Their task is to ensure the competent and professional application of these mechanisms in practice, in the interests of fair competition and the protection of national businesses.
Dunyo IA
Tashkent
Uzbekistan as an Operational Hub for Technology Companies: Key Figures, Conditions, and Advantages
📅 24.06.2026
Relocating an operational office to a new jurisdiction is invariably a complex undertaking, involving unfamiliar regulatory environments and concerns regarding continuity of team management and internal processes. Uzbekistan addresses the majority of these challenges — and this article examines the factors underpinning that proposition and the reasons why more than 1,000 technology companies have chosen the country as their base of operations.
Why Companies Choose Uzbekistan
For businesses originating from CIS countries, Uzbekistan offers a familiar business culture, an established professional rhythm, and a legislative framework that is relatively straightforward to navigate. Teams integrate into operational workflows more rapidly, and founders are not forced to spend the initial months resolving administrative or logistical matters.
A further advantage is the elimination of lengthy preparation periods for basic operational setup. IT Park provides not only company registration assistance but also fully equipped, ready-to-use office infrastructure - including furniture, equipment, and communications.
All core administrative processes are handled through a single interface — the One Stop Shop — covering company registration, tax administration, bank account opening, and documentation requirements, without the need to navigate multiple institutions. A dedicated team with experience guiding hundreds of companies through this process is on hand to anticipate and resolve common complications.
For teams relocating with their families, the Softlanding Program offers assistance with housing, documentation, and post-relocation adaptation, enabling employees to settle in efficiently and transition smoothly into professional responsibilities.
Zero Risk Program: Launching Without a Cash Flow Gap
The Zero Risk Program is designed to accelerate the initial operational phase of relocation. Participating companies receive a fully furnished and equipped office, enabling near-immediate commencement of operations. The program additionally covers a portion of recruitment and staff training costs and reimburses up to 15% of payroll expenses, allowing businesses to assemble their teams and reach full operational capacity without undue financial pressure.
Tax Conditions for IT Park Residents
IT Park residents benefit from some of the most advantageous tax conditions available to technology businesses in the region: a 0% rate on corporate income tax, VAT, and social tax. Personal income tax for employees stands at 7.5% - considerably lower than prevailing rates across much of Europe.
These conditions allow companies to direct a greater proportion of resources toward team development and business growth rather than absorbing a high tax burden.
The cost of living and operational expenditure in Uzbekistan further reinforces this advantage, enabling businesses to reduce recruitment and retention costs, as well as day-to-day operating expenses, while maintaining working and living conditions conducive to international business.
IT Visa and Conditions for Teams
A three-year IT Visa is available to founders, investors, and technology specialists, allowing holders to reside and work in Uzbekistan without a separate work permit. The visa extends to family members and grants access to healthcare and education services on equivalent terms to Uzbek citizens, as well as the right to purchase real estate without value restrictions.
Uzbekistan as a Base for International Expansion
For a growing number of companies, relocation to Uzbekistan extends beyond operational transfer. The country is increasingly regarded as a strategic platform for international development. The IT and BPO sectors are expanding rapidly, with regional offices and delivery centers being established to serve clients across Europe, the CIS, Asia, and the United States. Uzbekistan's geographical position between European and Asian markets facilitates access to multiple markets simultaneously.
Uzbekistan’s Rapid Economic Growth Momentum
📅 10.05.2026
The first quarter proved highly favorable for Uzbekistan’s economy. Economic growth reached 8.7%, inflation fell to its lowest level in recent years, investment hit a record high, and exports continued to expand steadily.
Economic Growth Dynamics
The pace of economic growth achieved by Uzbekistan in the first quarter exceeded the expectations of international institutions. The Asian Development Bank had projected 6.7% growth for the first quarter. The World Bank initially forecast 6.0%, but revised it upward to 6.4% in April. The IMF also raised its forecast in April from 6.2% to 6.8%.
In practice, Uzbekistan’s economy grew by 8.7%. GDP in current prices amounted to $36.9 bn. The forecast closest to the actual result came from the Center for Economic Research and Reforms (Uzbekistan), which projected first-quarter growth of up to 7% at the beginning of the year.
The strongest growth was recorded in construction, where gross value added increased by 15.0%. The services sector expanded by 8.8%, retaining its position as the largest segment of the economy. Industry grew by 8.0%, while agriculture increased by 5.1%.
Significant gains were also seen in oil refining, up 29.5%. In light industry, apparel and textile production rose by 15.3%, while knitwear output increased by 26.9%. In automotive manufacturing, production expanded by 12.5%, including buses by 64.7% and trucks by 46.6%. Within services, the highest growth rates were recorded in education, up 22.5%, and financial services, up 22.4%.
An important contribution to overall growth also came from measures aimed at reducing the shadow economy. Its share declined from 24.8% to 22.9%, while legalized business activity supported higher recorded growth figures.
Another major factor behind accelerated growth has been the country’s active market reforms, which were recognized this year in the Index of Economic Freedom, where Uzbekistan rose by 14 positions and entered the category of moderately free economies for the first time.
Overcoming Inflationary Challenges
External pressures continue to affect domestic price formation. Global oil prices have risen by 40% since the beginning of the year. Geopolitical tensions have disrupted logistics corridors, increasing transportation costs for trade flows by 25–30%. As a result of these disruptions, imports of cattle into Uzbekistan fell by half in the first quarter, creating risks for food security.
To stabilize food prices, the government introduced partial reimbursement of air freight costs for imports of breeding livestock and meat products. It also approved the import of 100,000 breeding sheep and goats from Mongolia with compensation of 50% of transport costs.
Since the beginning of the year, Uzbekistan has actively implemented a new system of inflation management and price stability. For all responsible officials and regional governors, the key task for 2026 has been defined as maintaining stable prices for essential food products and keeping annual inflation below 6.5%.
As a result of these measures, despite external pressures, the inflation environment improved significantly in the first quarter. Consumer prices rose by 1.93% in January–March. In March alone, monthly inflation stood at 0.6%, while annual inflation fell to 7.1% for the first time, compared with 10.34% a year earlier.
Budget Policy and Regional Development
Thanks to such dynamic economic growth, Uzbekistan’s State Budget revenues also increased steadily in the first quarter, rising by 35% year-on-year. Tax revenues grew by 24%, while customs revenues increased by 20% compared with the same period last year.
Funds retained by local budgets rose by 21%. In addition, land sales and privatization processes generated an extra $47.1 mn for local budgets. At the same time, $90.6 mn were transferred from the republican budget to local budgets to support the regions. As a result, district-level local budgets retained $115.3 mn, nearly 4.2 times more than the $28.5 mn recorded in the same period last year.
This demonstrates the continued and consistent policy course toward expanding the financial autonomy of the regions, helping unlock local potential and support dynamic regional development.
Investment Outlook
Investment activity in Uzbekistan reached a record level in the first quarter. Capital investment and development projects totaled $12.85 bn, up 41.5%. Foreign direct investment increased by 45.7% to $8.84 bn. During the quarter, 1,508 new projects worth $1.185 bn were launched, creating around 28,000 new jobs.
In the first quarter, investment volumes exceeded $50 mn in 50 cities and districts, while in 21 of them the figure surpassed $100 mn, indicating broader regional investment activity. By source of foreign investment, China ranked first with $6.4 bn, followed by Russia with $1.1 bn, Türkiye with $975 mn, the UAE with $824 mn, and Germany with $342 mn.
Overall, in 2026 Uzbekistan plans to implement 125 projects with the participation of international financial institutions and foreign state financial organizations, attracting $5.1 bn. In the first quarter alone, $947 mn in foreign loans had already been mobilized from these sources, exceeding forecast targets by 120%. These projects have already delivered tangible results in infrastructure development and improved living standards.
The next important step in attracting investment may be the listing of state assets on international markets. Speaking at the meeting, the President announced that 30% of state assets worth $2.4 bn would soon be placed on international stock exchanges for the first time. This is linked to the establishment of the National Investment Fund and the transfer of management of 13 strategic enterprises to Franklin Templeton.
The country’s overall target for this year is to attract $53 bn in foreign investment. Officials were also instructed to introduce an AI-based platform that would provide optimal project recommendations for specific regions. Investors and consulting companies will be granted access to the platform through a one-stop-shop mechanism.
Growing Export Potential
Total exports of goods and services maintained strong growth momentum in the first quarter, reaching $5.8 bn, up 26% year-on-year, or by $1.2 bn. Export growth was recorded in 147 districts and cities across the country. As a result, the total number of exporting enterprises reached 4,000.
In particular, exports of natural uranium amounted to $402.6 mn, up 95%. Exports of non-ferrous metals reached $248.7 mn, doubling year-on-year. Oil and gas exports totaled $160 mn, up 15%.
Positive dynamics were also observed in manufacturing. Textile exports reached $731 mn, up 18%. Exports of construction materials totaled $304 mn, rising by 75%. Jewelry exports reached $214 mn, up 54%.
Agricultural and food exports also posted solid growth. Fruit and vegetable exports reached $320 mn, up 12%. Food exports totaled $282 mn, surging by 120%. Strong momentum was also seen in services, where exports reached $2.2 bn, up 35% year-on-year, or by $573 mn.
The geography of exports continues to expand. In January–March, previously non-exported goods worth $162 mn across more than 140 product categories were supplied for the first time to 86 countries, including the United States, Austria, Belarus, Poland, South Korea, Iran, Kazakhstan, and Afghanistan.
Despite these achievements, external market challenges continue to affect exporters. The President noted that over the past six months, due to changing conditions among foreign partners, 908 entrepreneurs with signed contracts worth $3.6 bn had still been unable to begin exports.
Support for Entrepreneurship
Active support for small and medium-sized businesses continued in the first quarter. This year, $11.5 bn is being allocated through banks for this purpose. In the first quarter, entrepreneurs received $2.9 bn in credit resources, including $659 mn under state support programs. A total of 21,000 microprojects were implemented, helping raise incomes for 52,000 residents.
At the same time, certain shortcomings remain. Not all districts and cities are equally effective in converting loans into permanent jobs, and the differences are considerable. To address this issue, the President emphasized the need to use AI tools in credit allocation and instructed banks to launch an “AI Consultant” platform.
The meeting also discussed optimization of government administrations and the creation of new business spaces. Since many central and busy streets in district centers are occupied by state institutions, 19 districts and cities have already begun relocating government offices into unified administrative centers, with vacated premises transferred to businesses. Scaling up these measures nationwide would free up 5 mn m2 of space for business activity.
Social Policy
A strong social policy and active measures to reduce poverty and promote employment continued in the first quarter.
Permanent jobs were provided to 167,000 people, while 737,000 citizens received assistance in creating additional income sources and improving their living standards. An important contribution came from formalizing 241,000 previously informal workers, giving them access to social protection, financial services, and stable employment.
Special attention in social policy is being given to low-income families. A total of 105,000 support services were delivered to 86,000 vulnerable families, including employment assistance, training, business start-up support, and income generation. Under women’s support programs, 26,000 women were employed, while youth support programs benefited 58,000 young citizens.
To accelerate development in territories facing difficult socio-economic conditions, $297 mn were allocated from the republican budget. Additional support of $329 mn was also directed to areas granted the status of “New Image of Uzbekistan.”
These policies continue to contribute to lower poverty and higher living standards. Poverty fell to 5.0% in the first quarter, while unemployment stood at 4.7%. According to forecasts, both indicators may decline further to 4.3% by mid-year.
Significant attention is also being paid to social infrastructure and improving living conditions with the active participation of international financial institutions. In the first quarter, 89 km of drinking water networks, 8.2 km of sewerage networks, and 40 km of roads were built.
These measures are creating a sustainable foundation for further poverty reduction, stronger employment, higher welfare, and better living conditions across all regions of Uzbekistan.
Perspectives
It is useful to compare Uzbekistan’s first-quarter growth performance with the global economy and other countries.
In its April forecast, the IMF lowered projected global growth from 3.3% in January to 3.1% in April. Growth in advanced economies is expected at 1.5–1.6%, while developing economies are projected at above 4%. US growth is forecast at 2.0–2.1%, while Europe is expected to remain the weakest region, with UK growth revised downward to 0.8%.
The IMF identified India as the fastest-growing major economy, with projected growth of 7.3%. Yet Uzbekistan’s first-quarter growth exceeded even that figure, reaching 8.7%. This reflects the soundness and effectiveness of ongoing reforms, as well as strong and responsive economic management, where emerging challenges are addressed without delay.
Uzbekistan is expected to maintain high growth momentum in 2026. Real GDP growth is projected in the range of 8.3–8.7%, with services rising by 9.1%, industry by 8.7%, and construction by 11.5%.
At the same time, despite these positive results, the President noted that there is no room for complacency. Against the backdrop of intensifying global rivalry, the world economy will no longer be as stable as before. This requires special focus in the current year on sustaining growth, containing inflation, creating jobs, expanding exports, and improving the quality of investment.
Khurshed Asadov, Deputy Director of the Center for Economic Research and Reforms under the Administration of the President of the Republic of Uzbekistan
Хуршед Асадов, ЦЭИР
Samarkand Forum of the Asian Development Bank
In the Context of Contemporary Challenges and Historical Significance
In early May, Samarkand hosted the 59th Annual Meeting of the Board of Governors of the Asian Development Bank under the theme “Crossroads of Progress: Advancing the Region’s Connected Future.” The President of the Republic of Uzbekistan, Shavkat Mirziyoyev, outlined key priorities for further cooperation with the ADB.
The forum brought together more than 4,000 experts from over 100 countries, including representatives of foreign governments, international financial institutions, leading banks, and major corporations. The central topics of discussion included digital and green transformation, climate resilience, supply chain development, and food security.
Uzbekistan and the Asian Development Bank: Effective Partnership
Uzbekistan joined the ADB in 1995. Over the past 30 years, the Bank has become a reliable strategic partner for the country. The current portfolio of joint projects has reached nearly $16 billion. Uzbekistan has become the Bank’s largest partner in the region by operational volume and ranks among the top 10 countries globally in terms of ADB operations.
In August 2024, the ADB launched a new Country Partnership Strategy for Uzbekistan for 2024–2028. This five-year strategy focuses on supporting the transition to a green economy, enhancing private sector development and competitiveness, and stimulating investment in human capital, in line with the national development priorities outlined in the “Uzbekistan–2030” strategy.
ADB financing across sectors is distributed as follows: transport – $3.1 billion; energy – $2.9 billion; water supply, sanitation, and urban services – $1.4 billion; agriculture and water resources – $0.9 billion.
Through effective cooperation with the ADB, more than 1,400 km of railway lines and 1,700 km of roads have been modernized. Over 4,000 km of water supply networks have been completed, and around 750 educational institutions have been upgraded. In 2025, a record annual commitment volume exceeding $1.4 billion was achieved.
New Cooperation Program with Uzbekistan
During the Samarkand forum, a new partnership program between Uzbekistan and the ADB through 2030 was adopted. It envisages the implementation of projects totaling $12.5 billion, including infrastructure development, support for reforms, private sector growth, and public-private partnerships.
Key components include: infrastructure financing – $2.6 billion; results-based lending – $2.2 billion; budget support for reforms – $3.3 billion; multitranche financing facilities – $350 million; partial credit guarantees – $250 million; direct private sector financing – $2 billion; PPP projects – $1.7 billion.
Priority Areas Outlined by the President
In his address, the President of Uzbekistan emphasized the need to introduce new mechanisms and approaches for sustainable development amid global economic challenges and rapid technological change.
First, digital technologies and artificial intelligence are transforming virtually all sectors. By 2040, AI is expected to increase global trade volumes by an additional 40%. The adoption of open AI models is therefore essential in key sectors such as education, healthcare, water management, environmental protection, and food security. Uzbekistan proposed developing a dedicated ADB-led program to scale AI adoption in developing countries and announced its accession to the Bank’s “Digital Highway for Asia” initiative, including the establishment of a regional coordination center in Tashkent.
Second, the expansion of digital technologies and AI is driving a sharp increase in energy demand. By 2030, electricity consumption by data centers is projected to rise by 2–3 times compared to current levels. Only countries capable of providing affordable and reliable green energy will remain competitive globally. Uzbekistan identified green energy development as a strategic priority and acknowledged ADB support for the “Central Asia–Europe” green energy corridor aimed at expanding clean energy exports.
Third, ensuring the connectivity of transport systems and the stability of logistics corridors is becoming increasingly critical. Changes in global logistics routes have already led to transport cost increases of up to 30% for Central Asian countries, with delivery times extended by several weeks. In this context, the China–Kyrgyzstan–Uzbekistan railway project is of particular importance. Uzbekistan proposed establishing a “Digital Customs and Logistics Alliance” within the CAREC framework.
Fourth, according to international experts, demand for critical minerals will increase sixfold by 2040. Uzbekistan possesses significant reserves of copper, tungsten, molybdenum, magnesium, graphite, vanadium, titanium, and other resources. To ensure deep processing and production of high value-added goods, Uzbekistan proposed joining the ADB’s “From Critical Minerals to Production” program.
Fifth, climate change and desertification pose serious challenges to Central Asia. The ADB is implementing its Climate Action Plan through 2030, allocating at least 50% of its annual financing to climate-related projects. Uzbekistan proposed launching a regional “Green Belt of Central Asia” initiative to complement national afforestation efforts in the Aral Sea region.
Sixth, amid global instability, demand for safe travel destinations is growing. Central Asia has strong potential in pilgrimage, cultural, gastronomic, ethnographic, extreme, and medical tourism. Uzbekistan proposed creating a “Central Asia Tourist Ring” to integrate regional tourism offerings.
To advance these initiatives, Uzbekistan aims to fully utilize ADB financial instruments, including mobilizing private capital, and proposed establishing an Innovative Platform for Financing Regional Projects.
Transformation of ADB Operations
The implementation of these initiatives requires a transformation of the ADB’s institutional model. In response to global economic shifts, rapid technological change, and increasing interdependence, the Bank is shifting its focus toward sustainability, regional integration, and future-oriented infrastructure.
A key direction is the expansion of investments in next-generation infrastructure, including cross-border energy networks, electricity trade, and digital infrastructure such as internet connectivity and data transmission networks.
Another major shift is the transition from financing predominantly national projects to prioritizing regional systems. This includes integrating energy systems, developing regional electricity markets, and advancing digital integration across Asia.
These priorities are reflected in two major initiatives announced at the Samarkand forum, totaling $70 billion through 2035, aimed at energy system integration, cross-border electricity trade, digital corridors, data centers, and broadband expansion across Asia and the Pacific.
A significant announcement was also the launch of the “Critical Minerals-to-Manufacturing Financing Partnership Facility,” covering the full value chain from exploration and resource mapping to the production of final goods, including chemicals, batteries, renewable energy components, electronics, as well as recycling and reuse.
For Uzbekistan, this approach is particularly relevant, as the country is already developing value chains based on its mineral resources. The ADB program is expected to accelerate this process significantly.
Overall, the transformation of the ADB reflects a shift toward supporting systemic resilience and regional markets. This includes three key transitions: from individual projects to integrated economic systems; from national to regional focus; and from development support to long-term economic sustainability.
As a result, the ADB is evolving from a project financing institution into a coordinating platform for regional economic connectivity, strengthening its role in Asia’s integration amid the formation of competing global economic blocs.
Conclusion
The 59th Annual Meeting of the ADB Board of Governors in Samarkand was of significant importance not only for Uzbekistan due to its international prestige and the adoption of a new cooperation program, but also for the entire Asia-Pacific region.
The forum marked the launch of two major initiatives and the new “From Critical Minerals to Production” program, reflecting the Bank’s updated strategy aimed at enhancing economic stability and regional consolidation in Asia.
Holding the forum in Samarkand is symbolic. Historically a crossroads of trade and culture between East and West, the city once again serves as a focal point for shaping the region’s future.
It was here that initiatives and decisions were announced that may influence the development trajectory of all Asia, reinforcing Samarkand’s role as a platform for dialogue and strategic vision.
Viktor Abaturov,
Center for Economic Research and Reforms
Ministry of Investment, Industry and Trade of Uzbekistan Reports on Outcomes of Public Borrowings (2017–2025)
📅 22.01.2026
Uzbekistan’s total external debt amounted to $75.4 billion as of October 1, 2025.
According to the Ministry of Investment, Industry and Trade of Uzbekistan (MIIT), $37.4 billion of this amount accounts for the government’s external debt.
It is important to note that the issue of investment and external financing always attracts interest and raises questions. This is natural, as society wants to understand where resources come from and what results the country achieves.
The key principle here is simple: the purpose of attracting investment and resources is to improve living standards. This is not about “impressive reports” or “eye-catching figures,” but about tangible improvements felt in everyday life-jobs and household incomes, infrastructure, access to clean water, energy and transport, and quality social services.
The economic logic is also clear: for the economy to grow faster, resources are needed- capital, technology, equipment, and new markets. If a country stops attracting resources, growth slows down: fewer jobs are created, it becomes harder to modernize logistical and social infrastructure, expand water supply, and ensure affordable energy.
Therefore, Uzbekistan is consistently working to attract investments - to accelerate economic development, boost GDP, and ultimately improve both the quality and longevity of life. Notably, since 2020, life expectancy has shown steady growth - from 73.4 years to 75.1 years in 2024.
At the same time, what matters to people are not slogans, but measurable results - changes that can be seen and assessed.
By structure, Uzbekistan’s total external debt as of October 1, 2025, amounted to $75.4 billion. Of this, $37.4 billion is government external debt, while the remaining $38 billion consists of borrowings by private and state-owned enterprises without a government guarantee (corporate debt).
Notably, according to international classifications, Uzbekistan’s government debt level is regarded as moderate and manageable. The government’s external debt of $37.6 billion amounts to roughly 26% of GDP (with official GDP around $145 billion), well below the threshold levels that are generally seen as potentially risky for macroeconomic stability worldwide.
What has been achieved through government borrowings in 2017-2025:
- Reconstructed 1,564 km of highways
- Electrified 470 km of railway lines
- Built 6,793 km of drinking water networks and 664 km of sewage networks
- Constructed 59 km of heat pipelines, 1,286 individual heating units, 166 water distribution facilities, and 31 sewage pumping stations
- Created 2,737 MW of additional electricity capacity and laid 1,106 km of high-voltage power lines
- Commissioned additional generation of 2,084 MW, producing 16,423 million kWh of electricity and 551.8 thousand Gcal of thermal energy
Modernization of Transport and Urban Services:
- Purchased 4 Boeing 787-8 aircraft
- Acquired 2 high-speed Talgo-250 passenger trains
- Added 30 electric locomotives
- For the subway system: 70 cars and 29 train sets
- 1,900 buses
- 1,000 ambulances
- 541 units of equipment for household waste collection
- 13 heat boilers
Education and Social Sector:
- Established 119 educational and research laboratories in 60 universities
- Equipped 6,213 state preschool institutions with furniture, learning materials, and office equipment
Agriculture and Water Management:
- Restored 1,593.1 km of canals
- Modernized 3,396 hydraulic structures
- Drilled 423 vertical wells
- Established modern greenhouses on 2.2 thousand hectares and intensive orchards on 12.6 thousand hectares
- Built cold storage facilities with a capacity of 334.9 thousand tons
- Launched processing enterprises with a capacity of 258.2 thousand tons of products
- Created farms for 12.3 million poultry, 5,752 sheep, and 26.3 thousand cattle
These figures reflect already utilized borrowings. A significant portion of infrastructure and social sector modernization projects is still underway and will continue to deliver benefits as the work is completed.
Overall, as a result of the comprehensive measures implemented during 2017-2025, over 2 million jobs were created, exports increased by 270%, and GDP per capita grew by 418%.
What is fundamentally important is that resources can only be mobilized under strict rules, transparency, and oversight. In his Address to the Oliy Majlis and the people of Uzbekistan, the President highlighted that parliamentarians will oversee the entire project cycle - from selection and competitions to implementation and results. Project statuses, stages, and milestones will be published in real time, ensuring full transparency of competitions, tenders, and the fulfilment of obligations.
Uzbekistan’s approach to investment is clear and straightforward: the country needs resources for growth, while simultaneously ensuring full oversight, transparency, and measurable results for the population. This is exactly how the work is organized - openly, in stages, with clear accountability.
Dunyo IA
The SCO Bishkek Summit: The Economic Agenda of a New Stage of Cooperation
📅 29.08.2026
As the SCO approaches its 25th anniversary, the Organization’s economic component is acquiring an increasingly concrete and practical character. Today, the Organization brings together 10 states with a combined population of more than 3.4 billion people, accounting for nearly one-quarter of global GDP and more than 15% of international trade. The concentration of markets, resources, and production capabilities creates a significant foundation for investment, cooperation, and the development of interconnected infrastructure.
On August 31 – September 1, 2026, the anniversary SCO Summit will be held in Bishkek, marking the conclusion of Kyrgyzstan’s SCO chairmanship. The Summit comes in the first year of implementation of the Strategy for the Development of the Organization until 2035, adopted in Tianjin. From the perspective of the investment, trade, and industrial agenda, this period is primarily associated with improving conditions for businesses: reducing barriers, simplifying procedures, expanding production linkages, developing transport and digital infrastructure, and improving financing instruments.
For Uzbekistan, this approach continues the consistently pursued policy of strengthening the economic dimension of the SCO. The Samarkand Summit of 2022 was an important milestone, consolidating initiatives in the areas of sustainable supply chains, food and energy security, and expanding the scope for economic cooperation.
The importance of this resource for the national economy is already reflected in the dynamics of key indicators. In 2025, Uzbekistan’s trade turnover with the SCO countries reached USD 40.6 billion, increasing by 21.7%. In January–June 2026, it amounted to USD 21.9 billion. The volume of investments attracted from the Organization’s countries reached USD 24.8 billion in 2025 and USD 17.8 billion in the first half of 2026. The joint investment portfolio includes 1,438 projects with a total value of USD 102.8 billion.
The volumes achieved make it possible to place greater emphasis on the quality of economic ties — increasing the share of finished products, establishing joint production facilities, localizing technological operations, and developing value-added chains with access to the markets of new countries.
To develop such ties, businesses need to identify potential areas for industrial cooperation. One of the instruments is the Industrial Investment Projects Data Bank, the regulations for which were agreed upon in June 2026. Its value lies in the ability to match investment initiatives with the capabilities of participating states, their needs for raw materials and components, available infrastructure, and potential markets.
This system could be further developed through the SCO Industrial Cooperation Map, which would make it possible to link individual initiatives into production chains and identify areas where the capabilities of different countries complement each other.
At the initial stage, promising areas include the textile and agro-industrial sectors, which have the relevant raw material base, production capabilities, and sales channels. In the future, this approach could be extended to mechanical engineering, electrical engineering, pharmaceuticals, the chemical industry, and the production of construction materials.
For each initiative, this model envisages identifying partners, sources of financing, implementation timelines, localization parameters, and target markets. This makes it possible to structure the project economics and define the role of each participant in advance.
This directly raises the issue of financial support. In 2025, interested member states took a political decision to establish the SCO Development Bank, while at the end of June 2026, another round of consultations was held on its establishment and functioning.
The prospective role of such an institution is primarily associated with projects whose impact extends across several countries: transport and energy infrastructure, industrial chains, digital networks, and logistics centers. Cooperation with existing development institutions, transparent selection criteria, and financial sustainability could expand the available range of project financing instruments.
The effectiveness of industrial cooperation, in turn, directly depends on how quickly and predictably raw materials, components, and finished products can move. Therefore, the financial and industrial components are closely linked to transport development.
For Uzbekistan, this factor is particularly important. The lack of direct access to seaports makes logistics one of the key conditions for the competitiveness of national products. The priority is to develop a network of sustainable routes that allows freight flows to be distributed flexibly while maintaining access to various supply destinations.
The SCO space encompasses East–West and North–South routes, road and railway lines, as well as opportunities for multimodal transportation. For businesses, the efficiency of such a network depends on infrastructure capacity, the consistency of procedures, and the speed of the entire chain — from the sender to the final market.
Therefore, the development of transport routes is directly linked to the digitalization of processes. The electronic exchange of customs and permitting documents, advance notification of control authorities, interoperability of national information systems, and end-to-end tracking of cargo reduce administrative delays and increase the predictability of transportation.
The use of accumulated data also opens up additional opportunities for artificial intelligence — forecasting freight flows, optimizing routes, managing warehouse infrastructure, and assessing risks. This requires coordinated approaches to information security and the protection of national digital systems.
Ultimately, all these instruments serve the development of trade. Industrial cooperation expands the product base, financing ensures the launch of new production capacities, logistics connects businesses with markets, and digital solutions reduce time and administrative costs.
Additional benefits can be achieved through transparent requirements, mutual recognition of electronic documents, and harmonized procedures. This facilitates access for small and medium-sized enterprises to the markets of SCO countries and creates a more predictable environment for investors. At this level, the advantages of multilateral cooperation are directly reflected in the operations of businesses.
The international visibility of the region also contributes to its economic promotion. Additional attention to Central Asia during the Summit will be generated by the 6th World Nomad Games. This large-scale event creates a favorable information environment for presenting the region’s investment and export potential, national brands, and business initiatives. For Uzbekistan, this represents an additional opportunity to demonstrate the country’s economic potential to an international audience.
For Uzbekistan, the value of the SCO lies in the opportunity to complement well-developed bilateral ties with instruments that are particularly effective in a multilateral format. These include projects combining the production capabilities of several countries, shared infrastructure, new transport routes, and financial mechanisms.
In this context, the Bishkek Summit will become an important stage in the further development of the Organization’s economic agenda. Its practical implementation can expand businesses’ access to markets, investment resources, and logistics opportunities, while simultaneously creating new conditions for industrial cooperation.
-
Ministry of Foreign Affairs of the Republic of Uzbekistan -
Diplomatic Service of the Ministry of Foreign Affairs -
State Committee for Tourism Development -
Ministry of Investments and Foreign Trade of the Republic of Uzbekistan
-
invest.gov.uz -
-
-
-
-
-
-
of Uzbekistan in the Republic
of Latvia
When using the information, a link to www.uzembassy.lv
must be provided.
All rights reserved
Address
Address: Riga c., LV-1010. 11-11 Elizabetes Str., Latvia
Phone: 37167322424
Fax: 37167322306
Email: embassy@uzbekistan.lv
Useful links
HomeIssuance of biometric passport for departure abroad
Certificate to return to Uzbekistan
Withdrawal of citizenship
Loss of citizenship
