Since 2017, President Shavkat Mirziyoyev’s administration has pursued a sweeping reform agenda, liberalizing the economy while strengthening social welfare. These reforms are enshrined in new policies and the 2023 Constitution, which explicitly defines Uzbekistan as a “social state” responsible for ensuring employment and reducing poverty. The government’s national strategy (“Uzbekistan–2030”) even set a target of halving poverty by 2026. In short, Uzbekistan’s policy framework has shifted toward the combined goals of economic growth and inclusive social protection.

By 2023 the new National Agency for Social Protection (NASP) and community “Inson” service centres were delivering aid to roughly 2.3 million needy families – about a four-fold increase from 2017. Pensions and basic benefits were also raised: for instance, pension and disability payments in real terms are now about 1.5 times higher than before the reforms.

Community service is delivered through Inson centers, one-stop offices in each locality that help citizens apply for benefits and services. These “Inson” centres provide personal assistance with applications and information, reflecting a shift to integrated, client-oriented support. Relatedly, a new registry of persons requiring care has been established (by 2023 it contained ~17,800 profiles) to manage support for the disabled and elderly; each case is reviewed quarterly so that aid can be adjusted as needed. Together, these digital tools and organizational changes – one-stop “Inson” centers, a unified registry, targeted lists and case management – represent a modern social protection architecture far beyond Uzbekistan’s previous fragmented system.

International partners have closely supported and evaluated these reforms. The World Bank has played a leading role: it delivered roughly $2.1 billion through policy-based loans (2018–2021) to finance structural reforms in jobs, governance and social policy. In mid-2024 the Bank approved an additional $100 million “INSON” project to improve social care for vulnerable groups. This project will establish more than 50 community-based social service centres and expand services to some 50,000 people (including older persons, disabled, and children).

Within the framework of the “From Poverty to Prosperity” program, launched on 1 November 2024, families receive support across seven key dimensions:

• Ensuring stable employment and achieving higher income levels;
• Access to education and vocational training;
• Access to guaranteed state healthcare services;
• Access to social services;
• Improvement of housing conditions;
• Development of mahalla (community) infrastructure by the state;
• Direct engagement and dialogue with public sector representatives.

More than 600,000 families have gained access to 1.3 million social services aimed at employment and income growth. Members of these families have also benefited from over 2.2 million guaranteed healthcare services, directly contributing to their sustainable participation in the labor market.

Expanding Social Care Provision

For individuals requiring continuous care, a new model of service provision through private providers has been introduced. These services include household assistance, home- and field-based care, medical and social rehabilitation, and personal assistant support. Currently, 13,800 individuals — representing 76% of all those in need of care — receive such services from the private sector.

According to the Presidential Decree of the Republic of Uzbekistan, by 2030 the number of recipients of social services is expected to reach at least 3 million citizens annually, while the share of services provided by the non-state sector will rise to 30%. This approach fully aligns with the principles of the social and solidarity economy.

The programs implemented by the National Agency for Social Protection are characterized as accessible, effective, and oriented toward sustainable economic development.

1. Accessibility

As part of the “From Poverty to Prosperity” program, a National Registry of Poor Families has been established. The identification of households and decisions regarding their inclusion are made directly at the community (mahalla) level. As of today, 667,000 families, comprising approximately 2.8 million individuals, have been registered. This provides a comprehensive understanding of their living conditions and the opportunities for poverty reduction.

2. Effectiveness

In the first nine months of the current year, the average per capita income among registered families has nearly doubled, rising from 174,000 soums (~USD 14) to 338,000 soums (~USD 27) per month. Furthermore, 73,000 families that previously had no income now earn official wages. During the same period, 150,000 families have successfully escaped poverty, with 105,000 (70%) doing so primarily due to increased formal employment income.

3. Sustainability

To ensure targeted support, families are categorized into three groups:

• Red – households with persons with disabilities requiring care, as well as families without a breadwinner or headed by a single parent;
• Yellow – families with employable members but lacking stable income and professional skills;
• Green – families that have exited poverty but remain at risk of falling back.

This classification enables the application of differentiated measures: “red” families receive priority care and social support; “yellow” families are targeted with employment and training programs; and “green” families benefit from measures aimed at preventing a return to poverty.

Within this framework, the development of a “care economy” has emerged as a key priority. The Agency has introduced daycare services for children with disabilities and the “Step into an Active Life” program for older persons. These initiatives enable family members to participate in the labor market, thereby activating previously unpaid caregivers.

Investing in Human Capital

Particular attention is given to children from low-income families. The state subsidizes up to 90% of the costs associated with their education and development. In 2025, 125,000 children from poor households gained preferential access to preschools, demonstrating how social protection systems can make an indirect yet significant contribution to poverty reduction.

In conclusion, the programs implemented by the National Agency for Social Protection go far beyond material support. They create enabling conditions for income generation, employment, and human capital development, thereby contributing directly to the sustainable economic growth of the country.

Olima Almatova Qorabekovna, a resident of “Ezgulik” makhalla, Buka district, Tashkent region, who received support from the Agency, said:

“My spouse worked at the mining combine for forty years, but after he became ill, he could no longer continue. For his sake, I took on whatever jobs people offered me. When the doctors suggested placing stents in his heart arteries, I refused, saying: ‘Whatever help you can give, give it to my family. I’ve lived my life, I am already sixty-seven. I’ve seen so much — whatever comes, I will accept it. I don’t need stents. I only ask that you give a little help to my family.’

When support arrived under the President’s decision, I cannot express how happy I was. I said: ‘Oh God, there really is someone who came to open my door.’ They came and extended a helping hand. We planted cucumbers and tomatoes, and soon money began to come in. We have already earned income three times. So much support has reached us, and we are deeply grateful to our President. Feeding even one family is difficult, yet he is taking care of millions. For those who are struggling and in need, such help gives strength, brings joy, and inspires them to move forward. One can hardly imagine just how powerful that is.”

In conclusion, the programs implemented by the National Agency for Social Protection go far beyond material support. They create enabling conditions for income generation, employment, and human capital development, thereby contributing directly to the sustainable economic growth of the country.

We are the luckiest children of our people. We are fortunate to see the days dreamed of by our Jadid ancestors and to build the future they desired. During the events of the seventh Consultative Meeting of the Heads of State of Central Asia, I was once again convinced of this.

         In recent years, Central Asia has acquired a new image on the world political map. Today, it is recognized that the countries of the region are not competitors, but reliable partners moving together on the path of development and cooperation. Consequently, other regions and powerful states are seeking to engage with us, envisioning a future in harmony with the spirit of Central Asia. This is not without reason. Because in the international arena, various conflicts and the pursuit of solely material interests have intensified. In such a situation, thanks to the political will and wise decisions of our President, a completely new policy, inherent to our people—one of openness and magnanimity—has gained priority in our region. All Central Asians rejoice in this. Why? Because our peoples have lived as neighbors, in-laws, sharing joys and sorrows as one nation.

         In awakening the spirit of Central Asia, our President first took the path of bringing our peoples closer together. We wisely used the power of literature and art to elevate relations to a new stage. In particular, various events and festivals were organized among cultural representatives of our countries. As part of state visits, performances by art and culture representatives and grand concerts have become commonplace.

         Our President has turned the gifting of books to his colleagues into a tradition. At the time, we understood this only within the framework of cultural ties. Time itself shows that the path chosen by our President is the way to reach the hearts of the people!

         After all, the peoples of Central Asia consider Khazrat Navoi their ancestor. Likewise, we also love Jami, Fuzuli, Makhtumkuli, and Abai just as we do Bobur or Alisher Navoi. We value the epic of Manas as if it were our own, and we read the works of Aitmatov more than anyone else. This alone indicates that our peoples have lived for centuries as close as flesh and nail. The leader of our state elevated such important aspects to the level of state policy. This opened a path to the hearts of our peoples. As a result, the seventh Consultative Meeting of the Heads of State of Central Asia was rich in historic events. Importantly, following its conclusion, very important decisions for the future of the region were adopted.

         In particular, a concept for regional security and stability in Central Asia was adopted. In today's global world, security is of paramount importance. In such a situation, one cannot develop in isolation. Where there is peace, there is also stability. That is why the new Central Asia is seen on the international stage as a peaceful and stable zone. Our region has not only natural resources and economic potential but also a sufficient level of human capital. At a time when mutual conflicts and economic blockades are intensifying in various parts of the world, it is also true that Central Asia's ability to maintain stability is seen as a lifeboat for others.

         Maintaining this stability and achieving economic growth by utilizing its opportunities is not easy. Anyone who closely observes the working regime of our President understands this correctly. Because the leader of our state works day and night to strengthen international ties. From the world podium, he is advancing not only national but also universal human interests. He calls for resolving any conflict and dispute through peaceful, diplomatic means.

         It is these calls, aspirations, and initiatives that have awakened the spirit of Central Asia today. The entire region has unanimously decided to safeguard security and stability together. As our President put it, we have deeply understood that our strength is in unity, and our path to success is in friendship and cooperation.

         In recent years, relations in the "Central Asia Plus" format have expanded. Our region is demonstrating a unified position on the international stage. At the same time, it is actively integrating into the world economy. Investment attractiveness is growing, export opportunities to third markets are expanding, and transit potential is increasing. For example, last year, the mutual trade volume between our countries reached 10.7 billion US dollars. The total volume of investments attracted to our region increased by 17 percent.

         Further enhancing economic relations and correctly assessing the rapidly changing, unpredictable geopolitical processes is an urgent task. In this sense, it is gratifying that at the Consultative Meeting, a catalog of threats to Central Asian security and measures to prevent them for 2026-2028 were outlined.

         The Consultative Meeting of the Heads of State of Central Asia was established on the initiative of our President. The leader of our state chaired its seventh meeting. During this period, our cooperation has been highly effective. To further enhance the potential of cooperation, over 20 major events were held. A forum for inter-regional cooperation at the level of deputy prime ministers was launched. Likewise, meetings of ministers were held for the first time. In particular, ministers of geology, industry, agriculture, ecology, and culture held meetings.

         Due to such aspects, we are right to say that a new era of the Consultative Meeting has begun. Just one example: now, member states will engage in separate, individual cooperation in each sector within the Consultative Meeting. We were convinced of this once again at the ministerial meetings.

         Within the framework of the international congress on "Central Asia: Common Spiritual and Educational Heritage – Common Future" at the Islamic Civilization Center, we held our first meeting with the culture ministers of Central Asia and Azerbaijan. Various issues of multilateral cooperation were discussed. We discussed issues of cooperation in various fields of culture and art. We exchanged views on the current state of regional cultural cooperation and future plans.

         Our peoples have one thing in common. That is, people listen more to elders, to individuals respected by the community. They follow them. Precisely this aspect is considered our unique strength, unlike other regions. Therefore, for the future, vital issues were raised about expanding cultural exchange among cultural figures. As a result, we reached agreements on expanding regional cultural cooperation.

         Mutual respect and magnanimity among peoples do not appear by themselves. It must be admitted that the human psyche has a strong tendency towards negative information. In today's global world, we see enough examples of this. Our President, deeply understanding this very aspect and analyzing it thoroughly, created the opportunity for cultural workers to strengthen such ties. I believe that cultural workers, and intellectuals in general, are responsible for further developing peace and mutual understanding in the region. It is precisely we who must prepare and present to our peoples the positive content that will lead to this. In this sense, we united around a common idea to hold joint events and festivals in the fields of art, literature, cinema, theater, and music. Such events remind us of ourselves once again. They sing the universal ideas, friendship, and magnanimity promoted by Navoi, Jami, Fuzuli and Makhtumkuli, Abai and Aitmatov, which are the cause for awakening the spirit of Central Asia today.

         The gratifying aspect is that we will also expand joint projects for the study, restoration, and digitization of cultural heritage. Furthermore, we will develop exchange programs among young creators. We reached an agreement on organizing seminars, conferences, and summer schools. We also exchanged views on strengthening cooperation in training and advanced training in the field of culture and art. Importantly, positive opinions were expressed on developing a "Central Asian Cultural Brand."

         Observing this process, the meetings and agreements at the level of state leaders, I felt that today Central Asia has truly become a single region, a unified force. Our peoples have gone through many trials to reach this day. We can see this in the example of our Jadid ancestors. Thankfully, the river that flows, flows on. Our ancestors always called the people of the world to enlightenment, friendship, and kindness. Today, we, as a single region, continue this eternal tradition. It is gratifying that the leader of our state is wisely using these values of ours not only for our country but also for the benefit of the whole world. This was clearly evident in the initiatives put forward by our President at the Consultative Meeting of the Heads of State of Central Asia.

         In particular, an initiative was put forward to establish an Council of Elders, comprising respected public figures with life experience and authority, based on the values and traditions of people's diplomacy. At the same time, it was emphasized that further improving cooperation mechanisms and the contractual-legal basis is of fundamental importance. Especially, the initiative to transform the Consultative Meeting into the strategic format of a "Central Asian Community" became the words in all our hearts.

         Because now Central Asia is not just a region, but is strengthening its place on the world political map as a single voice, a united force. That is why our President emphasized in his speech at the seventh Consultative Meeting of the Heads of State of Central Asia: "I am fully confident that today we are on the threshold of a period of historical awakening of our region as the New Central Asia."

         Precisely for this reason, developed countries are eager to cooperate with us. This is a great opportunity for the countries of the region. Using it wisely depends on our ability to protect our unity, friendship, and interests in a coordinated manner. In New Uzbekistan, it is recognized as a people-oriented policy precisely because such important aspects are always the focus of attention. The scale of countries wishing to cooperate with us confirms how sincere these recognitions are. There are two important reasons for the strong aspiration of developed countries towards New Uzbekistan. First, New Uzbekistan has become known as a state promoting the ideas of peace and humanity.

         Here, a vital truth must be stated. No matter how a person may appear in a hostile guise, they still strive to live for peace and friendship. Countries are the same. They may engage in various conflicts for their own interests. But deep down, they desire peace and prosperity. The foreign policy position of New Uzbekistan offers guarantees of this peace and friendship.

         The second important point is that thanks to the people-centered foreign policy, Central Asia has achieved unity. Now it is not seen as a field for labor or natural resources. Rather, it is seen as a new force with broad economic power in the international arena. During the Consultative Meeting, the leaders of the countries were at the Islamic Civilization Center. Our President emphasized that this center is a unique platform for creating scientific knowledge and ideas, conducting research, and popularizing our common cultural-historical heritage. Therefore, it is natural for the center to become a haven for the scientific and spiritual elevation of youth.

         We certainly have grounds for saying this with full confidence. At the Consultative Meeting, our President proposed to regularly organize the first International Congress dedicated to spiritual heritage and enlightenment ideas. According to it, the congress will be held annually in the country chairing the Consultative Meeting.

         All this shows that the countries of Central Asia are uniting not only because of economic or security issues, but because they are familiar with enlightenment. We know well that relationships built solely on material interests are fragile. In our region, however, live peoples with a single history, a common past. This is the reason for a unity that surpasses any material interests. That is why, at the meetings of state leaders, issues of culture and enlightenment always find a place on the agenda. This evokes boundless pride and honor in our hearts. At the same time, it also imposes the responsibility of being a generation worthy of such honorable days. For, at a time when the educational policy of New Uzbekistan is opening new horizons in Central Asia, being worthy of it is the duty and debt of every child of this land

The Fifth Tashkent International Investment Forum will take place on June 16–19, 2026. This year’s theme – “Investment Resilience: New Frontiers, New Partnerships” – frames the agenda around a set of pressing questions: how to protect capital amid global uncertainty, what institutional mechanisms enhance investment resilience in frontier markets, and where the new partnership routes lie.

The forum’s context is set by macroeconomic results. According to the National Statistics Committee, Uzbekistan’s GDP grew by 7.7% in 2025 and exceeded $147 billion – the fastest pace since 2021 and among the highest in the Europe and Central Asia region. Fitch Ratings and S&P Global upgraded the country’s sovereign rating from BB– to BB for the first time, while Moody’s revised its outlook to “positive.” International reserves, per the Central Bank, surpass $77 billion. Exports rose 24% to $33.8 billion. Foreign direct investment increased by 46.9%, with FDI accounting for 40.5% of total capital investment. For an economy that attracted only $4 billion in annual foreign investment in 2017, the surge to $42 billion by 2025 represents a fundamentally different scale of growth. This tenfold increase over eight years underscores a profound transformation in the nation's investment landscape.

The forum is scaling alongside the economy. Last year’s TIIF drew over 8,000 participants, including some 3,000 international delegates from 97 countries. Guests included Bulgarian President Rumen Radev, Slovak Prime Minister Robert Fico, heads of government from all Central Asian states, EBRD President Odile Renaud-Basso, and New Development Bank President Dilma Rousseff. The aggregate value of signed investment contracts and trade agreements reached $30.5 billion. Yet what best speaks to the platform’s maturity is not the number of signings but the conversion rate – the share of agreements that translate into operating assets is increasingly the metric that matters to returning investors.

The centrepiece of this year’s forum will be the Tashkent International Financial Centre (TIFC), established by presidential decree in March 2026. Behind the headline sits a specific institutional architecture: a special legal regime based on common-law principles, a dedicated financial services regulator, an arbitration centre (TIAC), and tax exemptions through 2076. TIFC is part of a global trend toward specialised financial hubs that offer international market participants a familiar legal environment and regulatory predictability. Its defining feature is integration within the country’s legal framework: the centre operates under a special legal regime rather than creating a separate jurisdiction, reducing regulatory fragmentation and simplifying engagement with the domestic economy. A panel session featuring leaders of major global financial centres and international investors operating in Uzbekistan will address the central question: what are the practical conditions under which TIFC can attract international market participants.

The TIIF 2026 programme is structured around four thematic pillars: investment resilience and capital protection mechanisms, financial infrastructure and capital market development, trade connectivity and logistics corridors, and energy transition and climate finance. Key sessions include a discussion of the regulatory framework for alternative investment funds (a legal basis for private equity and venture capital being adopted for the first time), a panel on the Middle Corridor and trans-Caspian logistics, a session on sovereign ratings across Central Asia, and a practitioner-led workshop on blended finance instruments in frontier markets. A dedicated arbitration and dispute resolution track features two panel sessions co-organised with the Tashkent International Arbitration Centre (TIAC), the British-Uzbek Legal Association (BrULA), and the British Embassy. Topics range from the institutional design of Uzbekistan’s arbitration ecosystem – including the innovative Dispute Avoidance Protocol (DAP) – to the country’s positioning within the global investment protection architecture: ISDS frameworks, bilateral investment treaty reform, and New York Convention enforcement.

The energy agenda warrants particular attention. Uzbekistan has set an ambitious target of raising the share of renewables in electricity generation to 54% by 2030. Currently, the country operates solar and wind facilities with a combined installed capacity exceeding 4 GW, with a project pipeline envisaging an additional 19 GW of green capacity. Alongside this, the public-private partnership mechanism continues to develop: as of early 2025, PPP agreements worth approximately $28 billion had been signed in the country. For investors, this represents a large, structured market with standardised PPA contracts and a clear entry mechanism – a subject that will be examined in detail during the forum’s energy panel.

TIIF 2026 retains its bilateral business forum format, reflecting the expanding geography of Uzbekistan’s economic partnerships. Confirmed platforms include business forums with the Republic of Korea, the United States, Croatia, Hungary, Turkey, and Albania, as well as a China–SCO countries investment dialogue; the lineup continues to grow as the event approaches. The plenary session featuring heads of state and government will set the tone for the business programme. Running in parallel is an exhibition of industrial and investment potential spanning approximately 6,000 sq m – in 2025, a comparable facility facilitated over 500 B2B and B2G meetings for 100 participating companies.

At the same time, the forum agenda implicitly flags unresolved challenges. The corporate governance session raises the question of transitioning from concentrated to dispersed ownership – a process without which the stock market will remain illiquid. The discussion of privatisation and state asset IPOs calls for a candid conversation about pacing and institutional quality. The responsible business conduct panel, anchored in OECD standards, recognises that tax incentives alone are insufficient for accessing institutional capital – what is needed is verifiable supply chain transparency and functioning National Contact Point mechanisms.

The business programme is complemented by networking formats: an FIC and EY business breakfast on digitalisation and AI, the annual SQB Investor Day, an ESG Award ceremony, and the European Business Evening. The informal component – an invitational tennis tournament, TIIF Open, and an evening run – is designed for delegates who prefer to build relationships beyond the conference hall. The anniversary evening concludes with a collaboration with the Stihia electronic music festival – a detail that captures the tone in which Uzbekistan presents itself to an international audience.

For Uzbekistan, TIIF has long ceased to be a showcase. It is a working instrument of investment policy, whose effectiveness is measured not by the number of signing ceremonies but by the volume of capital that actually enters the economy between forums. The fifth, anniversary edition takes place at a moment when the country is simultaneously launching an international financial centre, adopting an alternative investment funds law, and receiving a sovereign rating upgrade – a convergence that creates a window of opportunity for investors prepared to operate in frontier markets with a growing institutional base.

The upcoming visit of the President of Tajikistan, Emomali Rahmon, to Uzbekistan on March 26–27 is set to provide additional momentum to Uzbek-Tajik relations, which have demonstrated steady positive dynamics in recent years.

Today, bilateral ties are on the rise, experiencing the best period in their history. Tashkent and Dushanbe have successfully resolved long-standing issues, creating a solid foundation for a transition to a qualitatively new stage of engagement. While cooperation was previously characterized as episodic and largely dependent on opportunistic factors, it has now acquired a systemic, multi-level, and strategic nature.

The consistent and far-sighted policies of the two heads of state have played a pivotal role in this process. Regular and trust-based contacts between Shavkat Mirziyoyev and Emomali Rahmon have contributed to the renewal of the entire system of interstate relations, imparting a resilient internal dynamic.

Since 2017, the leaders of Uzbekistan and Tajikistan have held over 40 meetings, underscoring a shared political will for the consistent development of cooperation. The logical culmination of this course was the signing of the Treaty on Allied Relations in 2024, which institutionalized the long-term strategic character of their interaction. The upcoming negotiations are expected to consolidate achieved results and define new benchmarks for the partnership.

This atmosphere of trust has been reinforced by a robust institutional framework. Regular consultations between foreign ministries, expanded cooperation across line agencies, and the effective work of the Intergovernmental Commission form a stable architecture for bilateral engagement. The inter-parliamentary dimension has also strengthened significantly: the cooperation group established in 2020 provides essential support for initiatives and oversees their implementation.

The intensive political dialogue is naturally reflected in the economy, which serves as a barometer of profound structural changes. Since 2017, bilateral trade turnover has increased nearly fourfold – from $237 million to over $900 million by the end of 2025 – demonstrating sustainable growth. Furthermore, the trade structure is evolving: alongside traditional commodities, the share of high-value-added products, such as textiles, construction materials, electrical engineering, and machinery, is increasing. This indicates a transition to a more diversified model of economic engagement aimed at reaching the $2 billion mark in the medium term.

Simultaneously, the focus is gradually shifting from trade to investment and industrial cooperation. Since 2017, the number of enterprises with Tajik capital in Uzbekistan has grown more than 13 times, reaching 343. Uzbek business is also actively expanding in Tajikistan, where approximately 70 companies currently operate, reflecting the growing mutual trust within the business community.

As part of this cooperation, the Uzbek-Tajik Interregional Investment Forum was launched in 2021. In the same year, a joint investment company was established with an authorized capital that subsequently increased more than fourfold – from $12 million to over $50 million. This has provided a financial base for implementing major projects in industry, energy, agriculture, healthcare, banking, and construction.

The development of modern border infrastructure is of substantial importance for further integration. Specifically, the creation of a trade and logistics hub at the "Fotekhobod – Oybek" border crossing will enhance the efficiency of trans-border trade. Concurrently, the Urgut district is being developed as a comprehensive transport, logistics, and trade hub, capable of transforming border areas into centers of economic activity.

Ongoing projects include the establishment of trade, logistics, and medical complexes, as well as a logistics center with a capacity of up to 100 heavy-duty trucks per day. In parallel, efforts are underway to simplify customs procedures. The construction of the Samarkand–Urgut railway line will be a significant step toward reducing transport costs and enhancing regional connectivity.

Equally indicative is the transformation of cooperation in the water and energy sector – traditionally one of the most sensitive issues in the region. Moving away from past competition, the parties are consistently building a pragmatic model that accounts for mutual interests, implementing joint projects to modernize irrigation systems and develop hydropower. This approach demonstrates that even the most complex issues can serve as a basis for sustainable cooperation and development.

The most profound changes are occurring in the cultural and humanitarian sphere. Expanding contacts between citizens, the growth of mutual travel, and the development of cultural and educational exchanges are forming a shared humanitarian space where interstate ties have acquired a new quality.

The liberalization of travel regulations has revitalized tourism cooperation. In June 2022, the Tashkent–Dushanbe passenger train was launched; regular bus routes between Tashkent–Khujand and Kokand–Shaidon were resumed; and air connectivity has expanded, currently reaching 16 flights per week.

As a result, 2.7 million citizens of Tajikistan visited Uzbekistan last year alone, reflecting a high level of mutual trust and openness. Political agreements are increasingly translating into the practical reality of daily interaction.

This process is further bolstered by the historical and ethno-cultural proximity of the two nations. The presence of significant Tajik communities in Uzbekistan and Uzbek communities in Tajikistan makes this cooperation a natural extension of established social and cultural ties. In this context, the humanitarian dimension has become a key factor in the stability of the allied relationship.

Against this backdrop, the upcoming visit of Emomali Rahmon to Tashkent is intended not only to consolidate achieved milestones but also to set new strategic directions for future engagement. Its outcomes will undoubtedly be reflected in concrete projects and initiatives that will further strengthen the bilateral partnership and enhance the resilience of the entire region.

On 23 January, under the chairmanship of the President of the Republic of Uzbekistan, a videoconference meeting was held on the key tasks of poverty reduction and employment provision for 2026. In terms of both substance and the framing of issues, the meeting marked a turning point in the evolution of the country’s social policy.

The relevance of transitioning to a new model

The results of the reforms demonstrate a transition to the next stage of social policy. For the first time, poverty reduction has been placed in direct dependence on outcomes at the level of individual mahallas.

This shift is a consequence of the socio-economic results achieved. By the end of 2025, the national economy grew by 7.7%, significantly above the forecast level of 6.5%. GDP exceeded $147 bn, reaching approximately $3,900 per capita. Growth rates in all sectors surpassed those of 2024. Foreign investment reached $43 bn, while exports amounted to $33.8 bn. Inflation declined from 9.8% to 7.3% in 2025.

Sustained economic growth ensured a significant increase in budget revenues, which were consistently directed toward addressing social issues, reducing poverty, and developing mahallas. As a result, in 2025 income sources were provided for 5.4 mn people, and 330,000 families were lifted out of poverty. Unemployment declined to 4.8%, while the poverty rate fell to 5.8%.

As overall poverty indicators decline, its geography is changing. Poverty is becoming localized, concentrated, and heterogeneous. Nearly one-third of low-income households and around one-fifth of the unemployed are concentrated in a limited number of mahallas, which necessitates a transition to a new model.

Against this backdrop, the primary indicator becomes the outcome achieved at the level of each mahalla. The persistence of poverty or unemployment indicates that measures require further calibration.

Accordingly, for the first time at the national level, a systematic classification of all territories by poverty level was conducted. Based on 20 criteria, 37 “difficult” districts and 903 “difficult” mahallas were identified, home to around 120,000 poor families and approximately 155,000 unemployed citizens. At the same time, work to shape the image of a “New Uzbekistan” has also begun in an additional 33 districts and 330 “difficult” mahallas.

A distinctive feature of the new approach is that “difficult” territories are viewed as points of structural transformation. For each mahalla and district, comparative advantages are assessed, including economic, agricultural, industrial, logistics, or service-related strengths.

Individual development programmes for mahallas are being formulated. Practice shows that even in the most vulnerable areas, ensuring stable access to water and electricity, basic infrastructure, and integration with markets can multiply household incomes.

In the current year, territorially targeted development becomes the main instrument for achieving the stated goals, as clearly articulated by the President.

Infrastructure as an economic asset

A particular emphasis in the new model is placed on revising regional policy priorities. As noted by the President, residents and entrepreneurs in “difficult” districts and mahallas primarily expect improvements in roads, water supply, and electricity provision, rather than an expansion of tax incentives.

Concentrating resources on a limited number of problem territories allows infrastructure investment to be transformed from general budget spending into an instrument of targeted socio-economic impact. In 2026, $1.6 bn will be allocated for regional infrastructure development, of which $990 mn will be directed to “difficult” districts and mahallas.

At the same time, transfers from the republican budget to local budgets will double.

Additionally, allocations of $4.1 mn to each “difficult” district and $165 ths to each “difficult” mahalla are envisaged.

In total, district hokimiyats (district executive administrations) and local kengashes (local representative councils) will receive an additional approximately $330 mn exclusively to support problem territories.

A key element of this model is ensuring stable energy supply for “difficult” districts and mahallas.

In 2026, each of the 903 “difficult” mahallas is expected to host the construction of a small solar power plant with a capacity of 300 kW, with a total investment of around $110 mn. These plants will be transferred to the mahallas free of charge, creating a local energy asset. Through the generation of “green” electricity, each mahalla will gain a sustainable additional income source of $33-41 ths per year.

The proceeds are intended to be used for energy-efficient renovation of housing stock, reducing utility costs, and improving quality of life. Operation of the solar plants will involve members of low-income households, simultaneously addressing employment and infrastructure sustainability objectives.

A separate emphasis is placed on supporting the most vulnerable households. An instruction has been issued to conduct targeted assessments of 6,700 families with a member having a first-degree disability and no able-bodied household members, followed by identification of needs for energy-efficient housing upgrades and the launch of “green” renovation.

Taken together, these measures form a model of territorial and energy resilience. The effectiveness of local authorities’ performance will be subject to public evaluation, reinforcing the transition to results-oriented governance.

Comparative advantages of mahallas

The President clearly defined key socio-economic targets for 2026, including the provision of permanent employment for around 1 mn people, lifting 181,000 families out of poverty, increasing the number of poverty-free mahallas by 2.5 times to 3,500, and reducing the unemployment rate to 4.5%.

Achievement of these targets is expected to be based on the comparative advantages of specific districts and mahallas in industry, agriculture, and services. This approach allows resources to be concentrated where they generate the greatest multiplier effects for employment and household incomes.

As an example of leveraging comparative advantages based on location and specialization of mahallas, the President cited Furqat District. Its advantages include, first, cooperation with neighboring economically active centers; second, deepening specialization among nearby mahallas and combining competencies; and third, increasing value added through the launch of processing activities.

Further measures were outlined within the framework of a differentiated approach to developing problem territories.

Deepening mahalla specialization

Primary attention will be focused on deepening mahalla specialization, as welfare levels are significantly higher in mahallas with deep specialization. Practice shows that in such mahallas, welfare levels are noticeably higher, while the number of recipients of social assistance is half as large, at around 7 people per 10,000 population.

Currently, the 903 “difficult” mahallas encompass around 90,000 hectares of household and leased land. To transform this resource into a source of sustainable income, a new mechanism of a “social contract” between the state and the mahalla has been proposed. Mahallas that, by leveraging residents’ skills and rational land use, manage to increase household incomes by three to four times will receive additional financing of $165 ths for the development of road, water, and irrigation infrastructure. Implementation of this model is planned to begin with “difficult” mahallas.

To support deeper specialization, banks will allocate a total of $1.4 bn in loans. For production projects, 4% of the loan will be compensated, while for processing projects the compensation will amount to 6%.

Comparative advantages of mahallas

In 2026, $11.5 bn in credit resources are earmarked for the development of small and medium-sized businesses in mahallas, compared to $10.7 bn a year earlier. At the same time, banks have been tasked with strengthening entrepreneurship financing: alongside a planned $6 bn from external sources, the total volume of funds directed to mahalla-level projects should reach $8 bn.

Not only the scale but also the principle of credit allocation is changing. The model under which loans within the “Family Entrepreneurship” programme were issued on uniform terms at a 17.5% rate across all districts and cities is giving way to territorial differentiation. In particular, for the 37 “difficult” districts, the rate is reduced to 12%. This step transforms lending into an instrument for accelerating the development of problem territories.

In parallel, programme limits and target areas are being expanded. In all districts, the maximum size of concessional loans is increased by 1.5 times, from $2.7 ths to $4.1 ths. To support this decision, an additional $165 mn is added to the planned $297 mn.

Overall, the 2026 credit policy is shaped as a targeted development mechanism, a managed conversion of credit into employment, income, and local growth.

Institutional changes in system governance

A number of institutional changes are also envisaged to enhance the effectiveness of all governance levels involved in mahalla development.

Work in mahallas is moving away from an administrative-intermediary model and is being structured around specific projects. In this framework, the hokim’s assistant acts as a territorial development manager responsible for implementing project solutions.

To ensure integrated project governance, multi-level coordination is being introduced. Initiatives proposed by hokims’ assistants are paired with regional bankers; the first deputy hokim of the region provides operational oversight; and the “Reform Headquarters” supervises issues requiring inter-agency solutions. From February, a system of training hokims’ assistants in project management will be launched, starting with “difficult” mahallas. Each district will form a project portfolio followed by a transition to practical implementation.

One hundred “difficult” mahallas that demonstrate the best performance in job creation, income growth, and poverty reduction will receive an additional $82.5 ths each. Hokims’ assistants from these mahallas will be able to upgrade their qualifications in China, Turkiye, South Korea, and Malaysia.

In this context, work on developing mahalla master plans is being intensified. International experts are being engaged, alongside the potential of domestic universities. Final-year students in architecture programmes will be able to participate in the development of “difficult” mahallas, with the best projects being supported by state grants.

Overall, the institutional changes formalize a shift from a universal approach to a differentiated territorial policy.

Resource redistribution is justified by the structure of the economy: 62% of industrial production and 57% of services are concentrated in 50 districts and cities with high entrepreneurial potential. Growth in their budget revenues creates an opportunity to concentrate state efforts on problem territories.

This is evident from revenue dynamics: three years ago, additional local budget revenues in these 50 territories amounted to $72.2 mn, while in the current year they are expected to increase 8.5 times, to $610.5 mn.

As a result, greater attention can be directed to “difficult” districts and mahallas, where poverty and unemployment are territorially concentrated.

Conclusion

The decisions and instruments for 2026 demonstrate that Uzbekistan’s social policy is moving beyond traditional resource redistribution toward a model of managed territorial development. The new model rests on three interlinked pillars.

First, the concentration of infrastructure resources in “difficult” districts and mahallas, with the creation of long-term local assets, reduced household costs, and enhanced energy resilience.

Second, the expansion of employment based on comparative advantages and deeper territorial specialization, supported by financial incentives, access to credit, and solutions along value chains.

Third, institutional recalibration of governance, where a project-based approach and multi-level coordination align resources, responsibility, and measurable outcomes.

The essence of the current phase is that targeting becomes a technology focused on “difficult” territories. Exiting poverty is understood as an individual household trajectory, in which local conditions, skills, and infrastructure are decisive. The “Mahalla Seven” and the institution of hokims’ assistants serve as the connecting link, ensuring coordination and feedback until results are achieved.

Khurshed Asadov,
Deputy Director of Center for Economic Research and Reforms

Uzbekistan has been undergoing a transformational journey since it changed political leadership in 2016. The nation is implementing extensive reforms aimed at spanning anti-corruption measures, business climate enhancements, judicial reforms, improving labour conditions, administrative efficiency, protection of human rights, and good governance.

Central to these reforms is a comprehensive anti-corruption agenda bolstered by strong laws and strategic plans. Reforms have targeted diverse sectors, with a focus on improving public administration, ensuring quality public services and information access, and overhauling the judiciary. Over the recent years Uzbekistan has made significant efforts to help its people feel confident that leaders in the national public and private sectors operate in a transparent and ethical way.

As we know, international standards in this area focus on the following elements, which are intended to increase effectiveness of prevention and combating corruption:

• Imposing additional restrictions for civil servants;
• Increasing transparency in the private sector, e.g. identifying beneficial owners;
• Strengthening the role of financial intelligence units in combating corruption;
• Strengthening corporate and individual liability for corruption offences;
• Supporting collective action initiatives.

In line with the abovementioned standards, since the adoption of the law on anti-corruption in 2017, Uzbekistan has doubled its efforts to prevent corruption in the public sector and has widened international cooperation to achieve this end. Since coming to power in 2016, President Shavkat Mirziyoyev has taken steps to liberalise the Uzbek economy and denounce corruption.

President Shavkat Mirziyoyev has begun liberalising the economy, which has started to attract significant investments from China and the EU and contributed to Uzbekistan’s strong economic growth. In particular, Presidential Decree of 2017 took steps to tackle the shadow economy by permitting the free purchase and sale of currency and the use of international mechanisms to set currency conversion rates. This decree eradicated the decades old “black market” where the difference between actual and official conversion rates was around 50%.

In 2020, President Shavkat Mirziyoyev established a new Anti-Corruption Agency via President Decree No.6013 and launched a mandatory online public procurement platform. The Anti-Corruption Agency is tasked with studying researching corruption, engaging with civil society, and enhancing transparency.

The number of arrests and prosecutions of public officials for corruption has increased. According to Prosecutor General’s Office, for example in 2022, there were a total of 3,116 convictions of public officials, of which 110 officials were from the national agencies, 264 from provincial agencies and 2,742 from city and district state bodies. The majority of these cases related to embezzlement (2,103), abuse of position (265), fraud (243) and bribery (169).

The fight against corruption has become a priority area of state policy in Uzbekistan. This can be seen in the conceptual regulatory acts adopted in recent years in this area, on the example of administrative reforms aimed at preventing corruption. The country has established an effective mechanism of countering corruption, including efficient normative-legal base and institutional foundations. More than 70 regulatory acts aimed at combating corruption in all sectors of state and public construction have served as a solid basis for the implementation of these reforms.

The Law on Combating Corruption, adopted in 2017 soon after Mirziyoyev came to power, is the main legal basis for countering corruption in Uzbekistan. The law requires state employees to inform their supervisors about corruption offences they may be directly or indirectly involved in and is meant to ensure protection for whistleblowers. Further, the law grants media outlets the right to request information on corruption offences from state agencies. It also envisages the mandatory examination of regulations being drafted by ministries and other state agencies to ensure they do not create new opportunities for corruption.

Information on state procurement is posted on the website www.d.xarid.uz. The open data portal (data.gov.uz), the registered database of legal entities and commercial entities (my.gov.uz) and other platforms play an important role today in ensuring the principles of openness and transparency and public control, which are the most effective tools for combating and preventing corruption. Licensing and permitting procedures have also been radically improved to completely improve the business and investment climate, remove unnecessary bureaucratic barriers and outdated regulations.

According to the National Database of Legislation of the Republic of Uzbekistan, other important legislative acts in the area of anti-corruption include:

• the Constitution (last amended in May 2023)
• the Criminal Code
• the Law on public civil service
• the Law on public procurement
• the Law on public-private partnerships
• the Law on distributing legal aid information and ensuring access to it
• the Law on the openness of state authorities and administration
• the Law on e-government
• the Law on public control
• the Law on countering legalisation of income derived from criminal activities, financing of terrorism and financing the proliferation of weapons of mass destruction (last amended in January 2019), which provides a legal framework for anti-money laundering.

The Civil Service Law, which entered into force in 2022, forbids civil servants from accepting gifts, from engaging in business activities and from opening foreign bank accounts or purchasing real estate abroad. It also introduces a system of mandatory declaration of civil servants' assets and income.

Under Article 7 of the 2017 Law on Combating Corruption, state agencies responsible for implementing the law on combating corruption include the Anti-Corruption Agency (ACA) established in 2020, General Prosecutor’s Office, the State Security Service, the Ministry of Internal Affairs, the Ministry of Justice, and the Department on Fighting Economic Crime under the General Prosecutor’s Office.

There is also a National Council on Combating Corruption and its territorial bodies that aim to coordinate the efforts of all the relevant institutions and develop state anti-corruption programmes. The ACA serves as the working body of the Council, which is headed by the Chair of the Senate. The ACA has a preventive mandate authorising it to request state agencies to provide documentation on their expenditure of public funds, sales of state assets and public procurement as well as on their investment projects and implementation of state programmes. It can also consider appeals of citizens and legal entities on corruption issues and conduct administrative investigations into corruption offences, the results of which should then be shared with law enforcement bodies.

Uzbekistan is a signatory to the United Nations Convention against Corruption (UNCAC) as well as to the Istanbul Anti-Corruption Action Plan, which is the main subregional initiative in the framework of the OECD Anti-Corruption Network for Eastern Europe and Central Asia (ACN). Uzbekistan has recently become a member of the Global Operational Network of Anti-Corruption Law Enforcement Authorities.

It should be emphasised that each regulatory legal act in Uzbekistan is being developed based on the principle – “legislation free from corruption”, systemic preventive measures in the practice of combating corruption are being strengthened, and the public oversight is supported by establishing interaction mechanisms with civil society institutions.

The mentioned and other measures have contributed to improving the fight against corruption in the country. This has also been evidenced in better positions of the country in international rankings. According to international governance indices, Uzbekistan has been improving its efforts to curb corruption. In recent years the country improved its ranking Transparency International’s Corruption Perceptions Index (CPI) by 42 positions. In 2023 alone the country improved its ranking there by 5 positions.

To sum up, we can conclude that Uzbekistan’s path towards creating effective financial, legal and institutional mechanisms of countering corruption has given its results. Although, it should also me noted that fighting against corruption is not merely a task for several years. It is an ongoing process and the government of Uzbekistan remains committed to take new steps for ensuring the success of its anti-corruption reforms in line with the international standards in this field.

Nilufar Doniyorkhodjaeva

Head of Department

Development Strategy Center

Tashkent, Uzbekistan

On March 5 President of the Republic of Uzbekistan attended a meeting of the National council on combating corruption. The meeting analysed the work carried out on creating corruption-free environment and defined further goals.

In his speech, the Head of State mentioned that corruption is a serious challenge in the course of reforms.

In this connection in the past years laws were adopted and a new system on combating this vice was created. Responsible committees were formed in the parliamentary chambers, a National council and Anti-Corruption Agency were established.

Particular attention is paid to creating conditions where the public can openly raise and discuss the problem of corruption. The role and influence of the media in this sphere are raising.

Primarily, measures are taken to combat the causes of corruption. For example, the abandonment of allocation of land plots by decisions of khokims and transition to the auction system made the allocation process more open. There have also been positive changes in this area since the introduction of the “Shaffof Kurilish” program.

The adoption of the law on public procurement, digitalization of the system of elections and tenders, as well as the establishment of healthy competition allowed saving 14 trillion soums of budget funds last year.

Today, all banks provide household loans up to 100 million soums online in 5 minutes without human involvement. As a result, thousands of bankers, who used to process such applications, now work directly in mahallas, offering projects and credit programs, thus contributing to the growth of the customer base.

In the pre-school and school education system, more than 10 types of services have been fully converted to electronic format, reducing the number of applications by 2.5 times.

The higher education system was also digitalized: a system for taking tests and selecting universities based on their results was introduced, and the automated receipt of 35 types of documents reduced the number of requests by 2.2 times.

Due to the use of body cameras by traffic safety inspectors, the sale of license plates through auctions, and the elimination of paper protocols, corruption factors have been significantly reduced.

Services to the population and entrepreneurs are organized on the basis of the principle of “the state serving the people”: the requirements to provide 120 types of documents, more than 160 licenses and permits have been abolished. This led to the emergence of almost 200 thousand new entrepreneurs in the market, and the number of enterprises with foreign participation increased almost 5 times, reaching 23 thousand.

The number of electronic public services increased 15 times, reaching 721, and the number of their users exceeded 11 million.

Most importantly, these measures have strengthened the faith of the population, entrepreneurs, foreign partners, international organizations and investors in the ongoing reforms. Over the past seven years, over $120 billion in investments have been attracted, and the country's economy has doubled, reaching $115 billion last year.

The President emphasized that the fight against corruption is an ongoing process and outlined the current issues and future tasks in this sphere.

It was noted that law enforcement agencies are mainly focused on detecting and punishing corrupt acts, while preventive measures aimed at eradicating corruption factors are neglected.

In this regard, it was decided to change the working methodology of the Anti-Corruption Agency. As an experiment, compliance control in five agencies - the Ministries of Health, Construction, Water Resources, Joint Stock Companies “Uzbekneftegaz” and “Uzsuvtaminot” will be transferred to the Agency.

In addition, an in-depth study of factors of domestic and systemic corruption will be conducted at the district level, which will be used to develop specific measures and submitted to the National Council.

It was noted that 75 percent of corruption crimes are committed in the form of domestic corruption in districts and mahallas, so the composition of the regional councils on combating corruption will be completely renewed. They will be headed by chairmen of regional councils of people's deputies.

The regional councils will propose to the National Council amendments to legislation aimed at eradicating corruption factors and ensuring inevitability of punishment.

Eight years ago, a system of sectors for the integrated development of territories was introduced. They contributed to solving socio-economic problems. In recent years, the potential of the regions has increased significantly.

In this regard, it was decided that prosecutors, heads of internal affairs and tax authorities would no longer be involved in sector activities. Additional tasks have been set to prevent and combat crime.

Special attention is paid to preventing corruption in public procurement. An Expert Commission will be established for this purpose. Based on best practices, an electronic platform will be developed to monitor that the prices of goods and services purchased through public procurement do not exceed the market average by more than 20 percent. Accountability measures and fines will be introduced for violation of this requirement.

Requirements for the procurement of fixed assets at the expense of the budget and extra-budgetary funds will also be tightened. Domestic transportation and furniture will be given priority in procurement by government agencies, and a requirement for evaluation against high anti-corruption standards will be introduced for major projects.

The fight against corruption begins with the selection of professional and dedicated employees for the civil service. In this regard, instructions have been given to improve procedures for hiring and evaluating candidates.

The need to adopt a law on the declaration of income of civil servants was noted, and a draft of this law will be submitted for public discussion.

The importance of instilling the ideas of honesty in educational institutions was emphasized in order to educate a new generation intolerant of corruption, as well as to support the initiatives of young people.

Addressing the public, the President said that the fight against corruption is a national task and a matter of conscience for every patriot of the country.

- If we all join forces, we will definitely achieve significant positive results. That is why mahalla activists, the older generation, intellectuals, writers and poets, art and culture workers, businessmen, well-known figures, leaders, deputies and senators - the entire public should become united and consider corruption as a “plague on the body of society”.

During the meeting, a dialogue was held with members of parliament, government representatives and the public.

For the first time, the event held in such a format demonstrated a strong political will to fight corruption.

The Head of State presented 55 concrete initiatives, which will include the development of 5 laws, 12 decrees and resolutions, as well as strengthening the role of Parliament, National and Regional Councils and civil society institutions in the fight against corruption.

The legal basis for the fight against corruption will be strengthened: the introduction of a new system of income declaration and a procedure for preventing illicit enrichment will reduce corruption factors. The activities of the Anti-Corruption Agency and internal control structures in organizations will be strengthened.

The responsibility of heads of ministries and agencies in preventing domestic corruption will be increased. A system of public evaluation of the quality of public services will be established, and strict measures will be taken against managers with the worst performance.

The independence of control inspections will be strengthened, and corruption prevention mechanisms will be introduced in major investment projects and auctions.

By streamlining the public procurement system and restricting direct procurement, budget savings will be achieved, and diversion of public funds will be curbed.

The freed resources will be mobilized to fight crime, which will lead to greater stability in society and increase the confidence of citizens. Strengthened prosecutorial oversight of illegal inspections will contribute to improving the business and investment climate in the regions.

The achieved results will improve the position of our country in international ratings, and by 2027 conditions will be created for Uzbekistan's candidacy for the UNCAC conference.

Most importantly, the legal consciousness of the population, especially young people, will be raised, and the society will form ownership of the fight against corruption.

Esteemed Heads of Delegations!

Once again, I would like to express my gratitude to the President of the Republic of Kazakhstan, esteemed Kassym-Jomart Tokayev, for the warm welcome and excellent organization of the Summit in Astana.

We are highly estimate Kazakhstan’s effective chairmanship of the SCO, which has facilitated the expansion of multifaceted cooperation within the Organization.

It is a great honor to have with us the heads of observer-states and dialogue partners, esteemed guests.

Dear Participants of the Meeting!

I believe that a meeting in the broad format of SCO Plus is timely and necessary.

The world needs to restore trust, justice and solidarity more than ever.

The current global political and economic landscape is characterized by fractures, wars, and conflicts that are undermining the foundations and key principles of the system of international relations.

The contradictions and protectionism that have emerged are creating fragmentation of the world economy and supply chain disruptions, which are in turn creating new dividing lines that prevent countries from cooperating effectively in trade, finance and investment, technology transfer and innovation.

The only viable solution to these challenges is to consolidate efforts in the interest of global security, development, and prosperity.

The SCO has always advocated for and has been committed to a just world order based on the universally recognized principles of international law and multilateralism, with the UN playing a central coordinating role.

In this regard, our Organization continues to serve as a focal point for many countries seeking to build broad cooperation without political and ideological biases.

Concurrently, the evolving circumstances necessitate the implementation of new strategic approaches to enhance the efficacy of the Shanghai Cooperation Organization.

Today, as it stands on the threshold of its 25th anniversary, it is imperative to develop a new agenda that aligns with the Organization’s immense potential and growing role in world politics and economy.

Building on the “Shanghai Spirit” and the founding principles of the Charter, unity and cohesion within the Organization should be preserved. I propose to intensify joint efforts with the objective of strengthening the atmosphere of trust and friendship within the SCO and to remove barriers to deeper cooperation.

First of all, it is necessary to undertake a comprehensive reevaluation of the conceptual foundation underpinning the SCO’s security-related activities.

The nature and scope of contemporary challenges have undergone a significant transformation since the establishment of the Organization.

Environmental and natural disasters, water and food shortages, cyberattacks, new methods of undermining sovereignty and economic stability pose an increasing threat.

All of this should also be taken into account when considering the strengthening of the SCO's potential, including the establishment of the Universal Center for Countering Security Threats and Challenges.

In this context, I propose to hold annually SCO Plus Dialogue on Security Issues with the participation of the heads of the competent bodies and experts of all our countries.

Uzbekistan proposes to consistently “reload” trade and economic cooperation in the SCO area, which continues to be fragmented.

So far, we could not manage to create a solid foundation for multilateral trade and inter-sectoral partnership.

For a long time, no consensus has been reached on the establishment of the SCO Development Fund and the SCO Development Bank.

Today at the summit we agreed to take comprehensive measures to simplify trade procedures and develop e-commerce, stimulate technological cooperation, including in the industries of the future.

In order to create an effective platform for business dialogue with the participation of all partners, we propose the annual holding of the SCO EXPO International Industrial Exhibition in our countries.

It is also important to actively promote economic interaction and seek opportunities for linking joint initiatives with the Economic Cooperation Organization, the Gulf Cooperation Council, the Eurasian Economic Union, ASEAN and others.

The new geopolitical realities convince us of the need to build an inclusive and integrated transport and transit system to strengthen interregional connectivity.

The global problems such as climate change and environmental disasters cannot be ignored by the Organization. Our countries are increasingly facing natural disasters, land degradation, reduced agricultural yields, air pollution and water shortages.

I believe that climate cooperation should become a key element of the new SCO agenda.

We advocate for developing an Agreement on cooperation in combating climate change, with concrete measures to achieve common goals and objectives in the area of green development.

We are also proposing the establishment of the SCO Center for Innovative Climate Solutions in Tashkent. It will conduct research on environmental sustainability and “green” growth.

Improving livelihoods and social protection should be given a central place on the Organization’s agenda.

We intend to hold a Global Conference on Sustainable Social Protection in Samarkand next year, under the auspices of the United Nations, as a contribution to achieving the goals Summit of the Future.

Finally, we need to strengthen and promote together a unique model of inter-civilizational dialogue.

The rich cultural, historical and spiritual heritage, traditions, customs and ways of life of our peoples are a powerful and resilient force for building bridges of mutual trust, good-neighborliness and lasting friendship.

This is the message contained in the recent UN General Assembly resolution on the International Day of Dialogue among Civilizations, adopted at our joint initiative.

In this context, the Samarkand Solidarity Initiative for Common Security and Prosperity, which we have put forward, aimed at overcoming the trust deficit through constructive dialogue and multilateral partnership, is more relevant than ever.

The practical implementation of this initiative will contribute to strengthening inter-civilizational dialogue to overcome contradictions on the path to sustainable development.

I am confident that together we can make the Organization even more creative through the implementation of programs in the area of cultural, educational, youth and tourist exchanges.

To this end, we propose to develop a Unified Bank of SCO Humanitarian Initiatives and Programs, which will enable projects in these areas to be systematized and jointly implemented.

I am convinced that the outcomes of this meeting will give a strong impetus to the development of a multifaceted partnership within the Shanghai Cooperation Organization.

Thank you for your attention.

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

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

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

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

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

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

Banking operations

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

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

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

Exchange component

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

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

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

Component of active business entities

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

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

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

Trademark component

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

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

Islombek Saparmatov, CERR

The upcoming official visit of the President of the Republic of Uzbekistan to the Republic of Türkiye reflects the deepening strategic partnership between the two countries. One of the most dynamic areas of this cooperation is labor migration, built on mutual trust and a shared human-centered vision.

In recent years, Uzbekistan has fundamentally transformed its migration policy, placing human dignity, legal employment, and social protection at the core of its reforms. This approach aims to ensure that citizens working abroad do so safely, legally, and with full respect for their rights.

Cooperation with Türkiye exemplifies this new philosophy. The entry into force of the bilateral agreement on the protection of the rights of labor migrants and their family members marked a significant milestone in strengthening legal and institutional guarantees for migrants.

Regular dialogue between migration and labor authorities, joint forums, and practical coordination mechanisms have contributed to more orderly and transparent labor mobility. Notably, agreements reached to legalize the status of Uzbek citizens without administrative penalties, particularly in sectors with high labor demand, demonstrate a shared commitment to humane and pragmatic solutions.

Another key dimension of cooperation is skills recognition and certification. Collaboration with Türkiye’s professional qualification institutions enables Uzbek citizens to obtain internationally recognized certificates, enhancing their employability both in Türkiye and beyond.

Partnerships with leading Turkish companies further expand legal employment opportunities, including participation in large-scale construction and infrastructure projects. These initiatives are complemented by the active role of Uzbekistan’s Migration Agency representation in Türkiye, which provides legal, social, and advisory assistance to citizens and safeguards their rights.

Today, negotiations have begun between the two countries on developing a “Social Protection” agreement. Through this agreement, Uzbek citizens working in Türkiye and Turkish citizens working in Uzbekistan will be able to reclaim their social insurance contributions. This will allow workers to formalize their employment and secure legal protections.

Uzbekistan and Türkiye view labor migration not as a challenge, but as a driver of development, stability, and human well-being. The forthcoming presidential visit is expected to elevate this cooperation to a new level, reinforcing a model of migration governance rooted in humanity and mutual benefit.

Over the past eight years, relations between Uzbekistan and Türkiye have undergone a profound qualitative transformation, evolving from traditionally friendly ties into a full-fledged strategic partnership with a strong economic, investment, and industrial dimension. While the period prior to 2017 was largely characterized by inertia, the launch of large-scale reforms in Uzbekistan marked a decisive shift in bilateral relations toward practical cooperation focused on trade, investment, and joint manufacturing.

A key role in this transformation has been played by the political will and personal engagement of the leaders of both countries - President of the Republic of Uzbekistan Shavkat Mirziyoyev and President of the Republic of Türkiye Recep Tayyip Erdoğan. Regular high-level dialogue has provided Uzbek-Turkish relations with stability, strategic coherence, and a long-term economic horizon.

Political Foundations as a Driver of Economic Convergence

Diplomatic relations between the two countries were established in 1992; however, a turning point came in October 2017 with the signing of the Joint Declaration on Strategic Partnership in Ankara. This step laid a solid institutional foundation for the rapid expansion of trade, economic, and investment cooperation.

In 2018, the High-Level Strategic Cooperation Council was established in Tashkent under the co-chairmanship of the two presidents. Its meetings in 2020, 2022, and 2024 became key platforms for aligning priorities in trade, investment, industry, transport, and interregional cooperation. Over time, political dialogue has evolved from declarative engagement into a practical instrument supporting concrete economic initiatives and project-based decisions.

Trade: Scale, Structure and Institutional Incentives

Türkiye is firmly among Uzbekistan’s largest trading partners. In 2020, bilateral trade turnover amounted to USD 2.1 billion, reaching USD 3.02 billion by the end of 2025.

Uzbekistan’s exports to Türkiye are predominantly industrial in nature, comprising non-ferrous metals and metal products, textiles, services, plastics, and food products. Imports from Türkiye consist mainly of mechanical and electrical equipment, chemical products, textiles, pharmaceuticals, and metal structures, reflecting Türkiye’s role as a key source of industrial technologies and equipment.

A significant qualitative step forward was the signing of the Preferential Trade Agreement in 2022, which entered into force in 2023. In 2025, the parties began expanding the list of goods covered by preferential treatment, creating additional incentives for trade diversification and deeper industrial cooperation.

Investment Cooperation: From Presence to Systemic Engagement

Investment cooperation is one of the most dynamically developing areas of bilateral relations. In 2024, the volume of Turkish investments utilized in Uzbekistan reached USD 2.2 billion, while in January-November 2025 it increased to USD 3.2 billion. A total of 2,137 enterprises with Turkish capital operate in Uzbekistan, including 496 joint ventures and 1,641 wholly Turkish-owned companies.

These enterprises are active in textiles and furniture manufacturing, construction, trade, transport, logistics, and services. Importantly, a substantial share of them is export-oriented, strengthening Uzbekistan’s integration into regional and global value chains.

Industrial Cooperation: Transition to Joint Manufacturing

In recent years, Uzbek–Turkish cooperation has increasingly shifted from traditional trade toward industrial partnership. Turkish companies are actively involved in establishing production facilities across Uzbekistan’s regions, introducing modern technologies, management standards, and export-oriented business models.

Regular meetings of the Intergovernmental Commission on Trade and Economic Cooperation, accompanied by business forums, result in detailed roadmaps comprising dozens of measures covering industry, energy, logistics, and regional projects. This approach forms a solid foundation for sustainable industrial partnership.

Interregional Cooperation: Localized Economic Engagement

Active interregional interaction has become an essential element of the new partnership model. In 2024, targeted visits by delegations from the Fergana, Khorezm, Namangan, Navoi, Samarkand, and Jizzakh regions, as well as the city of Tashkent, were held to various regions of Türkiye.

This format enables a shift from framework agreements to concrete investment projects, creates direct B2B and B2G communication channels, and contributes to a more decentralized and resilient architecture of cooperation.

Transport and Logistics as Pillars of Trade and Investment

The expansion of trade and industrial cooperation naturally increases the importance of transport and logistics interaction. Türkiye is viewed by Uzbekistan as a key logistical gateway to European and Mediterranean markets, while Uzbekistan is becoming an important hub for Türkiye’s access to Central Asia.

The development of rail and road transport, along with intensive air connectivity - up to 97 regular flights per week across eight routes - enhances business mobility, supports investment activity, and strengthens economic integration between the two countries.

Prospective Areas of Cooperation: Converging Interests

The established economic core of Uzbek–Turkish relations provides a basis for a new phase of cooperation, shifting from quantitative growth to deeper structural and technological integration.

Localization and joint development of industrial production remain key convergence points. Uzbekistan offers industrial zones, resources, and a growing domestic market, while Türkiye contributes technology, design, managerial expertise, and access to external markets.

The textile and light industry is evolving toward the production of finished branded goods and contract manufacturing for international retail chains. Mechanical engineering and electrical equipment sectors are creating prerequisites for the establishment of assembly and production facilities. The agro-industrial complex offers opportunities for deep processing and joint exports of food products.

A separate strategic direction is the joint entry into third-country markets, where the combination of Uzbekistan’s production potential and Türkiye’s trade and logistics infrastructure creates substantial competitive advantages.

Overall, over the past eight years Uzbekistan and Türkiye have built a resilient model of strategic partnership based on trade, investment, industrial cooperation, interregional engagement, and transport connectivity. Trade turnover exceeding USD 3 billion, multi-billion-dollar investments, and thousands of joint enterprises testify to the maturity and long-term nature of bilateral relations.

Mashrab Mamirov,

President Shavkat Mirziyoyev has been informed of the work being done in the spiritual and educational sphere.

The main priority of transformations in multi-ethnic Uzbekistan is the comprehensive protection of the rights and freedoms of all its citizens. And one of the inalienable rights is freedom of religion. Therefore, all conditions are being created in our country so that believers can perform rituals and observe religious traditions.

It is worth emphasizing that the policy of New Uzbekistan in this area is receiving great recognition not only among our people, but also among the international community.

Thus, if in the early years of Uzbekistan's independence the number of compatriots honored with the holy pilgrimage to Mecca and Medina could be counted on fingers, these days more than 15 thousand Uzbeks are performing the sacred rites.

President of Uzbekistan Shavkat Mirziyoyev's greeting to our people on the occasion of Kurban Hayit, his conversation with Chairman of the Muslim Mufti Sheikh Nuriddin Khaliknazar on the pilgrimage of our compatriots have become one of the brightest pages of this year's Hajj season.

In a short period of time, Uzbekistan has created a comprehensive system of training qualified personnel in the religious and educational sphere. In order to study and popularize the rich scientific heritage of our scholars, research centers have been launched. Examples of this are the International Islamic Academy of Uzbekistan, the Mir Arab Higher Madrasa, the School of Hadith Studies, and the international research centers of Imam Bukhari, Imam Termizi, and Imam Moturidi. Large-scale renovation and improvement of Imam Bukhari memorial complex is underway.

During today's meeting it was emphasized the necessity of wider study and propaganda of works of these great thinkers among the population, especially among the youth. Since it is in them that the true meaning of Islam, enlightening ideas of the Muslim religion are laid down. And it is especially actual now, in our troubled time, when all over the world various forces try to distort the essence of religion and to lead young people off the true path.

It was noted a great role in this work and those who now make pilgrimage in sacred Mecca. The pilgrims have recently made an appeal, where they expressed their readiness to contribute to the spiritual education of the younger generation in their districts, in their mahallas.

Also at the meeting, the head of state stressed that an important role in these processes should be played by the Center of Islamic Civilization, the activities of which will serve to widely acquaint our people and foreign guests with the invaluable heritage of ancestors, to promote the ideas of enlightened Islam. At present, scientists-historians and theologians are working on filling the activities of the center with new content.

Information about further plans of the center's activity was heard.