At the end of May, President of Uzbekistan Shavkat Mirziyoyev will take part in the upcoming summit of the Eurasian Economic Union (EAEU) in Astana.

In recent years, the participation of the President of Uzbekistan, Shavkat Mirziyoyev, in events of the Eurasian Economic Union has become an important element of the country’s foreign economic strategy, aimed at expanding practical cooperation, strengthening trade and economic ties, and developing sustainable mechanisms of regional interaction. Against the backdrop of global economic transformation, increasingly complex logistics routes, and growing competition for investment resources, the Eurasian direction is gaining particular importance for Uzbekistan.

As noted by the President of Uzbekistan during a meeting of the Supreme Eurasian Economic Council in 2025, “in the context of growing fragmentation of global markets, the increasing complexity of supply chains, and shifts in the allocation of investment resources, the deepening of pragmatic and mutually beneficial cooperation with the countries of the Eurasian Economic Union is of fundamental importance for us”. This position reflects Uzbekistan’s commitment to building sustainable and long-term economic ties across the Eurasian space.

The Eurasian Economic Union is one of the largest integration associations in the post-Soviet region, established on the basis of the Customs Union and the Common Economic Space. The Union began functioning on 1 January 2015, following the entry into force of the Treaty on the EAEU, signed by Belarus, Kazakhstan, and Russia, later joined by Armenia and Kyrgyzstan.

The modern stage of interaction between Uzbekistan and the Eurasian Economic Union dates back to 2019, when the Republic began a comprehensive review of expanding cooperation with the bloc. On 11 December 2020, Uzbekistan officially obtained observer status in the EAEU, enabling the country to participate in the meetings of the Union’s bodies, establish a structured dialogue with the Eurasian Economic Commission, and study the practical mechanisms of the integration association’s functioning.

Since then, cooperation between Uzbekistan and the EAEU has taken on a stable, systematic, and practice-oriented character. An interagency working group on cooperation with the Union was established, a mechanism of regular consultations with the Eurasian Economic Commission was put in place, and a Memorandum of Cooperation between the government of Uzbekistan and the EEC was signed. Subsequently, the parties moved on to the implementation of joint three-year cooperation plans covering trade, industry, transport, the financial sector, and digital technologies.

Uzbekistan’s participation in EAEU high-level events has also intensified. Since 2021, the President of Uzbekistan has regularly participated in meetings of the Supreme Eurasian Economic Council, while government representatives have taken part in the work of the Eurasian Intergovernmental Council. This demonstrates the progressive development of cooperation and the growing interest of both sides in expanding practical engagement.

In recent years, cooperation between Uzbekistan and the member states of the Eurasian Economic Union (EAEU) has demonstrated steady positive dynamics. The Eurasian space remains one of the most important directions of the Republic’s foreign trade. By the end of 2025, Uzbekistan’s trade turnover with EAEU countries exceeded USD 20 billion, while the share of the Union’s member states in the country’s total foreign trade reached almost one quarter of overall external trade turnover.

Uzbekistan is also participating in a number of sectoral initiatives and projects within the EAEU framework. These include the development of e-commerce, the digitalization of rail freight transportation, the implementation of the “Eurasian Agroexpress” project, and cooperation on the climate agenda. These areas contribute to reducing logistics costs, simplifying cross-border trade, and enhancing the connectivity of transport corridors across the Eurasian space.

At the current stage, cooperation between Uzbekistan and the Eurasian Economic Union is gradually moving to a qualitatively new level, encompassing not only trade and economic relations, but also digital transformation, technological cooperation, and the development of joint infrastructure. One of the key priorities is the removal of existing barriers and the creation of more efficient mechanisms for economic interaction.

An important component of the current stage of engagement is the development of digital integration. Uzbekistan is interested in the harmonization of digital platforms, the expansion of electronic commerce, and the introduction of modern data exchange mechanisms. Such an approach corresponds both to the goals of improving the efficiency of foreign trade and to the broader objective of building a modern and interconnected economic infrastructure across the Eurasian space.

Within a relatively short period of interaction in the status of an observer state, the parties have succeeded in establishing stable mechanisms of dialogue, expanding trade and economic ties, and moving toward the implementation of concrete sectoral and infrastructure projects.

For Uzbekistan, the Eurasian direction remains an important element of its strategy for economic modernization, industrial cooperation, and the strengthening of transport and logistics connectivity. At the same time, the Republic continues to adhere to a model of flexible and pragmatic participation in integration processes, guided primarily by national economic interests and the principle of mutual benefit.

In the context of the transformation of the global economy, intensifying competition for markets, and changing global logistics routes, cooperation with the EAEU is viewed by Tashkent as one of the instruments for ensuring sustainable economic growth, expanding export opportunities, and enhancing the competitiveness of the national economy. For this reason, Uzbekistan intends to further strengthen practical cooperation with the member states of the Eurasian Economic Union, develop new areas of collaboration, and maintain a constructive dialogue on key issues of regional development.

Dunyo IA

In the current geopolitical climate, Uzbekistan's participation in the Shanghai Cooperation Organization (SCO) is acquiring particular strategic importance. The SCO serves as a crucial platform that allows member states to combine their efforts, both in times of stability and during periods of crisis and external shocks, as well as to develop coordinated approaches and joint solutions to issues of common regional interest.

In the transport sector, this is especially vital for maintaining the stability and continuity of international supply chains, diversifying routes, developing new transport corridors, and strengthening the interconnectedness of member states.

Over the past five years, Uzbekistan's international freight traffic with SCO member countries has increased by approximately 9 million tons, or 40%, reaching 33.5 million tons in 2025 and accounting for 80% of the country's total freight volume. Within this volume, the largest shares belong to Russia (33%), Kazakhstan (32%), China (16%), and Kyrgyzstan (10%).

According to the author's calculations, international freight traffic between Uzbekistan and SCO member states could reach up to 47 million tons by 2030.

Established in 2001 primarily as a mechanism for ensuring regional security, the SCO has significantly expanded its agenda over its 25-year history. Today, its framework addresses issues of trade, investment, energy, transport, logistics, digitalization, ecology, culture, and other areas.

With the expansion of the Shanghai Cooperation Organisation (SCO) to 10 member states, transport cooperation has acquired key importance in the organization's activities. The SCO's geographical area covers a vast territory, stretching from Belarus to India in the south—through Afghanistan, which has observer status—and latitudinally from China to Iran and Türkiye, a dialogue partner. Furthermore, an opportunity is emerging for the first time to connect the land transport systems of the Indian subcontinent and Eurasia, including China. This geographic configuration creates the foundation for linking key trade regions across Eurasia and establishing new international transport routes.

In recent years, the organization's member states have adopted a set of strategic documents that have formed the institutional framework for developing transport connectivity. These include:

The Concept for Cooperation of the SCO Member States on Developing Connectivity and Creating Efficient Transport Corridors – Samarkand, September 16, 2022;

The Concept for Cooperation between SCO Member States on Transport Decarbonization, Promoting Digital Transformation, and Innovative Technologies to Achieve Greater Efficiency and Sustainability – New Delhi, July 4, 2023;

The Concept for Cooperation of SCO Member States in the Development of Ports and Logistics Centers – Astana, July 4, 2024.

Concurrently, the SCO regularly holds meetings of the Joint Commission on Creating Favorable Conditions for International Road Transport, meetings of the heads of railway administrations, and meetings of transport ministers.

One of the key responses to contemporary challenges is the development of alternative land-based communications and the creation of a sustainable, interconnected digital transport ecosystem. This principle is shaping a new paradigm in the SCO's approach to logistics development.

The Tianjin Declaration of the SCO Council of Heads of State, adopted on

September 1, 2025, directly reflects this trend.

The document notes that, "The Member States, sharing the international community's aspiration to strengthen interconnectedness, advocate for the further development of cooperation in the transport sector on a fair and balanced basis in accordance with international law and the goals and principles of the UN Charter and the SCO Charter. They emphasize the importance of creating new and modernizing existing international transport routes, including promoting the activities of the North-South and East-West corridors, and harnessing the transit potential of the SCO Member States. They also note the SCO countries' initiatives on transport infrastructure and on ensuring the stable and uninterrupted functioning of supply chains through the digitalization of logistics procedures, including the organization of electronic data exchange on goods transported between SCO countries and the introduction of technological innovations".

At the same time, to achieve an integrated transport and logistics system for the SCO, it is necessary to eliminate the existing infrastructure gaps between the Organization's individual subregions.  One of the key challenges to transport interconnectivity among the SCO states remains the insufficient level of railway connectivity between the member countries. This hinders the formation of a unified, integrated railway network not only for the SCO but for all of Eurasia.

In this regard, the implementation of new transregional railway projects aimed at bridging existing infrastructure gaps and creating additional routes between Central, South, and East Asia is of particular importance.

In this respect, the projects initiated and supported by Uzbekistan to build new railway lines are of a significance that extends far beyond national infrastructure, acquiring a regional character.

One of the most significant infrastructure projects is the China–Kyrgyzstan–Uzbekistan railway^[1].

The Tianjin Declaration specifically noted the launch of the China–Kyrgyzstan–Uzbekistan railway's construction. In this project, Kyrgyzstan and Uzbekistan can serve as a key link in a new transport logistics network. Furthermore, the development of land routes will allow the region's states not only to compensate for their lack of direct sea access but also to form a regional transport bridge between the largest markets of Eurasia.

On December 27, 2024, an official ceremony marking the start of the railway's construction was held in the Jalal-Abad region of Kyrgyzstan. The total length of the project is approximately 532.5 km. It involves the construction of railway stations, bridges, and tunnels, making it one of the most complex infrastructure projects in the region^[2].

According to preliminary estimates, after commissioning, the freight volume on the new railway could reach 8 million tons by 2030, 10 million tons by 2040, and 13.5 million tons by 2050.

The project's importance lies not only in shortening the distance between China and Central Asia. Its strategic impact is the creation of a new component of the transportation network, which can later be integrated with routes to South Asia and onward to the ports of the Indian Ocean.

To link the countries of East Asia (China) with those of South Asia (India and Pakistan), the swift implementation of another project vital to the region is necessary: the construction of the Uzbekistan–Afghanistan–Pakistan railway line. The implementation of this project will create a new international multimodal transport corridor capable of connecting the European Union, the CIS countries, Afghanistan, Pakistan, and India, with subsequent access to the markets of Southeast Asia.

The project's fundamental importance lies in establishing a new, shorter overland route and providing a direct transport link between the SCO countries via a unified railway network.

As part of the project preparation, field studies have already been conducted, orthophoto maps and a digital terrain model have been prepared, and the technical part of the preliminary feasibility study for the route has been developed by the Boshtransloyiha design institute.

In July 2025, during the first meeting of the foreign ministers of the three countries in Kabul, a framework intergovernmental agreement was signed on the development of a feasibility study.

Preliminary estimates by the consulting firm EY (one of the Big Four) project a significant cargo potential for the project: up to 22 million tons per year by 2030 and up to 34 million tons by 2040^[3]. A significant portion of this cargo base, up to 80%, is expected to come from transit flows.

The economic significance of the corridor extends beyond the transport sector. Its implementation could help bring Afghanistan's natural resources into economic circulation, create new professions and jobs, develop infrastructure, and establish new production and logistics chains.

The most significant strategic effect will be achieved not by implementing individual railway construction projects, but through their synchronized development and mutual integration. This will allow for the formation of an interconnected system of transport routes, expand the transit and export potential of the SCO countries, including Uzbekistan, and create the conditions for redistributing freight flows between East, Central, and South Asia.

In the long term, this will lay the groundwork for forming international multimodal transport corridors along the "China–Kyrgyzstan–Uzbekistan–Afghanistan–Pakistan–India," "China–Kyrgyzstan–Uzbekistan–Turkmenistan–Iran–Turkey–EU," and "CIS countries–Uzbekistan–Afghanistan–Pakistan" routes, providing access to Indian Ocean ports.

In this regard, the initiative by Uzbekistan's railway authorities to establish a Council for the Integration of SCO Railway Spaces, proposed in 2024^[4], is of particular importance. The draft Concept for the Council was supported on March 27, 2026, at the sixth meeting of the heads of SCO railway administrations and was approved by the organization's transport ministers in April 2026.

The creation of the Council will make it possible to coordinate joint efforts to eliminate existing barriers, including differences in railway gauge, technical and technological standards, and rolling stock parameters, as well as to improve border procedures and unify transport documents.

Thus, the development of transport connectivity within the SCO creates opportunities not only for the member states as a whole, but also for individual regions, promoting their integration into international transport and logistics chains, expanding their transit potential, and attracting new cargo flows.

1. T. Ibragimova

[1] Железная дорога «Китай – Кыргызстан – Узбекистан»: новая транспортная артерия Евразии// https://t.me/projekt_office_smsc/339

[2]  О ходе строительства ж/д «Китай – Кыргызстан – Узбекистан» – новой транспортной артерии Евразии// https://www.youtube.com/watch?v=r9MTktgScAk

[3] О проекте строительства железной дороги "Узбекистан-Афганистан-Пакистан", 2025// https://www.youtube.com/watch?v=kbx2vVH2xHs

[4] Россия поддержит: перспективы двух крупных транспортных проектов в ЦА// https://uz.sputniknews.ru/20240219/russia-uzbekistan-perspektivy-transportnye-proekti-v-tsa-42568893.html

A comprehensive monitoring of key business activity indicators across Uzbekistan’s regions points to growth across all major metrics.

Based on operational data from the Tax Committee, Customs Committee, Central Bank, and the Uzbek Republican Commodity Exchange, the Center for Economic Research and Reforms (CERR) continues to monitor business activity across the regions of the Republic of Uzbekistan.

As of March this year, tax revenues demonstrated steady positive momentum, increasing by 54% compared to the same period last year.

The most notable growth in revenues was recorded in the Navoi, Syrdarya, Tashkent, and Khorezm regions, as well as in the city of Tashkent, where average growth rates reached 33%.

Personal income tax revenues rose by 15.2%, property tax revenues by 10.7%, and land tax revenues by 33.8%.

Customs revenues increased by 19.5%. The highest growth rates were recorded in the Navoi region, up 77.6%, and the Namangan region, up 64.2%.

Stable positive dynamics were also observed in the Fergana and Samarkand regions, as well as in the Republic of Karakalpakstan, where revenues increased by an average of 32%.

Analysis of foreign economic indicators shows that merchandise exports rose by 30%. The strongest export growth was recorded in the Navoi region, up 71.4%, and the Tashkent region, up 52.4%. Export growth was also observed in the Samarkand region (30.6%), Namangan region (29.3%), and Bukhara region (27.2%).

At the same time, lending activity expanded significantly. During the reviewed period, the volume of loans issued by commercial banks increased by 9.1%. The highest growth was recorded in the Samarkand region (+69.5%). In the Bukhara, Khorezm, Fergana, and Tashkent regions, lending growth averaged more than 43%.

The active development of the private sector is also reflected in a substantial increase in the number of newly established business entities. In March this year, 22,443 new enterprises were registered. The largest numbers were recorded in the Tashkent region (2,276), Khorezm region (2,035), Samarkand region (1,854), Fergana region (1,626), and the city of Tashkent (4,759).

Trading volume on the Uzbek Republican Commodity Exchange increased by 20.8%. The highest growth in exchange activity was recorded in the Syrdarya region, where activity rose by 68.4%. Additional strong growth was observed in the Syrdarya, Bukhara, Navoi, Namangan, and Surkhandarya regions, as well as in the city of Tashkent, where average growth reached 33%.

Sultonmurod Ozodov, CERR

In recent years, systematic work has been carried out to create a continuous chain of comprehensive support for the development of entrepreneurship in our country. As a result of the measures implemented and important decisions made over the last seven years, a new generation of entrepreneurs of New Uzbekistan has emerged.
In particular, BMB HOLDING is one of the major subjects of private entrepreneurship, playing an important role in the economic life of our country, and gaining strong positions not only in the domestic, but also in the international market.
On the eve of the 33rd anniversary of independence of the Republic of Uzbekistan, Dunyo information agency talked to Bekzod Mamatkulov, the founder of BMB HOLDING.
– Mr. Mamatkulov, in recent years BMB HOLDING has gained a great reputation not only in Uzbekistan, but also among the international business community. Today, the Holding effectively works in the areas of providing consulting services on investment projects, developing international business and trade relations, attracting foreign investments, export-import exchange, introducing innovative technologies, creating modern agro-industrial clusters. We would like to start our conversation with the organization of the Holding and the history of its development.
– After his election as President, Shavkat Mirziyoyev put on the agenda of our state’s policy such important issues as increasing economic potential, attracting investments and, most importantly, supporting entrepreneurs to bring the country to a new stage of development.
In this sense, the opportunities created for entrepreneurs have radically changed my life goals and made me want to test my potential in business.
We generated our first income through services. Developing business plans and providing consulting services was our first source of income. Later we bought land in Arnasay district of Jizzak region to implement our agricultural projects. We planted mung beans and peas as secondary crops here. The first attempts were successful. The agricultural products we grew gave better results than we expected. For the first time we were able to export our crops abroad. In particular, we started selling agricultural products to Pakistan, India and Afghanistan. Later, we had a plan to supply cotton and grain to the state on a contract basis, and we gradually expanded our financial capacity, making a profit from it.
In 2017, during the visit of the Head of state to Jizzakh region, our project to create a food cluster in Arnasay district was presented. At the meeting, the President emphasized that he would support us, like all businessmen, and expressed great confidence in us. Such attention and support of the President of the country gave us additional strength. After that, there was a desire to further expand our business activities, to test ourselves in new industries, to develop and implement joint projects with foreign partners.
In particular, in 2018, we were among the first to create the largest cotton cluster in the country. Thanks to the attention of the management and creation of favorable conditions for doing business, we created a cluster for growing medicinal plants, namely saffron. Later we organized a fruit and vegetable cluster. This big project, in turn, enabled us to set up a system of sorting, packing and deep processing of fruits and vegetables. Thus, having passed through various stages of business, our small project has now formed into BMB HOLDING. At present the Holding unites 30 enterprises. They employ more than six thousand people across the country.
– It is no secret that today the Holding realizes investment projects of international and national level. As an entrepreneur and a person who knows the business environment in foreign countries, how do you assess the investment environment in Uzbekistan? Are there aspects that do not satisfy you, are there factors that are obstacles for business?
– In the process of building New Uzbekistan, the creation of a favorable investment environment for entrepreneurs has become one of the main goals of the reforms of the Head of our state. The adoption by the President of Uzbekistan of a number of decrees and resolutions aimed at supporting entrepreneurs is yielding results today.
Improvement of tax legislation, creation of the possibility of free currency conversion, reforms in the sphere of private property and a number of other positive changes related to these spheres have played their important role, and entrepreneurs are now considered as the driving force of the country’s economy. In 2020-2022, despite the fact that the coronavirus pandemic worldwide had a large negative impact on the economies and the global investment environment, Uzbekistan’s economic growth rates remained stable and its investment attractiveness continued to grow.
The fact that the inflow of foreign investments into the country has increased significantly testifies to the confidence of international business in the economic reforms in our country. Active diversification of the economy is an important achievement that has opened new opportunities for investors in all sectors, starting with industry.
Now, if we talk about the factors that are obstacles for business, aspects that do not satisfy entrepreneurs, I will tell the truth openly: at the level of the government, reforms are being implemented very intensively, positive changes are taking place. But when you go to the lower level of the system, there are still cases of inattention and carelessness somewhere. I believe that such shortcomings will be eliminated.
– We know that BMB HOLDING is engaged in the production and export of a wide variety of agricultural products. In particular, the organization headed by you has achieved great success in saffron cultivation. Today saffron grown in Uzbekistan is becoming popular in many regions of the world. Tell me, when did you come up with the idea of establishing such a complex sphere as saffron cultivation in Uzbekistan and why did you choose this particular project?
– During President Shavkat Mirziyoyev’s visits to Kashkadarya region in 2017, the issue of cultivation of medicinal plants in mountainous and foothill regions, development of this sphere in our country and export of valuable medicinal plants to the world market was prioritized. The leader of our country also inquired why it is impossible to grow saffron in Uzbekistan despite all conditions, and gave a special instruction to develop this industry. During the President’s visit to Jizzakh region, we made a detailed presentation of our saffron cultivation project. Having familiarized himself with the project, the Head of state expressed his full support to it and instructed the responsible persons to implement the program as soon as possible.
However, it was not easy to realize this project at first. When implementing this business idea, first of all, we deeply studied the demand and supply in the domestic and foreign markets, opportunities and prospects for its implementation in the conditions of Uzbekistan, our own potential in this area, as well as a number of other factors. In 2020, we started to implement the project in pandemic conditions. At first, it took a lot of patience and hard work to find specialists, to bring saffron bulbs suitable for our climate from Europe and to get the desired harvest. In the first year we planted saffron bulbs on 55 hectares of land. The high demand for the harvest and the experience gained stimulated further development and expansion of the project. Today saffron is grown on 400 hectares of land. In the next three years, it is planned to increase the area of saffron plantations to 1,000 hectares and produce 20 tons of pure saffron products per year.
At the beginning of 2024, the product BMB Za’faron for the first time in our region received the USDA Organic certificate, an environmental certificate developed by the U.S. Department of Agriculture, which allowed Uzbek saffron to enter the American markets. After several years of in-depth analytical research, Uzbek saffron grown in the Bakhmal district received the appropriate permission to export to Chinese markets according to the conclusion of the Uzbek-Chinese interdepartmental commission.
– Indeed, a lot of experience in saffron cultivation has been accumulated in recent years. At the same time, what countries’ experience do you think should be studied and implemented in order to grow a competitive product that meets the requirements of international standards and markets?
– In agriculture, each product is grown using a specific method. Such countries as Italy, Austria, South Korea, USA, and Saudi Arabia have enough experience in saffron cultivation. Of course, we study the experience of countries with climatic conditions close to ours and exchange experience with industry experts. I can say that we have mobilized all possibilities to get more crops and export them abroad. The increase in exports, in turn, contributes to increasing the inflow of foreign currency into Uzbekistan and ensuring economic stability.
To bring our national products to the world market and increase their competitiveness, the most important factors are, first of all, quality, then price and, of course, matching production capacity to demand. We have taken these aspects into account in our work and projects, especially in saffron cultivation.
– In Uzbekistan, on the initiative of the Head of our state, an open dialog with entrepreneurs is held annually. Tell me, what impact do these efforts have on the activities of the Holding headed by you?
– It would not be an exaggeration to say that the adoption of a number of resolutions and decrees on creation of favorable business environment and healthy competition in our country, comprehensive support for entrepreneurs, further liberalization of tax policy have served to eliminate the problems that have arisen for many years and hindered the free activity of entrepreneurs.
Thanks to the political will of the President of Uzbekistan, the organizational and legal foundations for the development of the industry have been strengthened, and the attention to entrepreneurs has changed dramatically. Most importantly, all this has already started to yield positive results.
In addition, an open dialog between the President of the Republic of Uzbekistan and entrepreneurs has been established. In my opinion, there is no other country in the world that has such a format.
I can confidently say that the open communication of the Head of state with the business community, which has now become a tradition and is held annually, serves as an important factor in the formation of a new competitive class of entrepreneurs in New Uzbekistan.

I visit many countries for work. In particular, my friends-partners in Italy, Germany, the United States, Austria and other countries highly appreciate the annual dialog of the President of Uzbekistan with entrepreneurs. It is no secret that people look at us with envy when they see the personal attention of the Head of state to the development of business in our country. In fact, it is a great achievement for both sides — the President meets with businessmen, listens to their systemic problems, finds solutions and solves them. Therefore, today all businessmen are looking forward to meeting with the President. This meeting has also become an important forum for businessmen to assess their activities for the year and determine plans for the future. The speeches of our country’s leader at the meeting and important initiatives aimed at further development of the industry, removal of existing obstacles, provision of benefits to entrepreneurs serve as a program for further expansion of businessmen’s activities.
I would like to give an example based on my experience. Before dialoguing with the President, I note in my notebook the issues we face in our work. Listening to the President, I always get comprehensive answers to all my questions based on deep analysis.
– In August 2022, by the decree of the President of Uzbekistan, you were awarded the “Faol Tadbirkor” sign, and in 2023 — the “Dustlik” order. Recall those moments when your entrepreneurial activity was highly appreciated by the leadership of our country.
– Before answering, I have to say one thing. Before coming to business, I worked in state and public organizations for more than 15 years. I never received even a certificate of honor, let alone a state award. Today, the leader’s focus is on people who have sincerely worked for the development of our dear country — Uzbekistan. In recognition of our work, in 2022, I was awarded the “Faol Tadbirkor” sign. In 2023, I had the honor to receive the “Dustlik” Order from the esteemed President. These are not just awards given to me, they are recognition of the work of thousands of dedicated people working in the Holding’s system. Such a high appreciation gives our team more confidence and motivation, and gives us great strength to realize the goals we have set for ourselves.
– The direction of economic diplomacy is becoming increasingly important in attracting foreign investment to Uzbekistan, finding new partners and exporting national products abroad. In this regard, does the Holding, which you head, use the opportunities of diplomatic missions of our country in foreign countries? How satisfied are you with the work of our country's embassies in this direction?
– Frankly speaking, it used to be impossible to meet with diplomats. If you went abroad and wanted to meet with the Ambassador of our country, he would not accept businessmen. This is an open statement. The Ambassador only dealt with politics. Thanks very much to our President, he brought the diplomats’ attention to the economy as well. This, of course, has opened wonderful conditions and opportunities for entrepreneurs. Openness in this sphere, in turn, has become an important step for entrepreneurs in finding foreign partners and attracting investment.
Today, the diplomatic missions of Uzbekistan in foreign countries play a very important role in the activities of the Holding Company, and we feel their support at every stage of realization of our numerous projects. The introduction of the position of Advisor to the Ambassadors of Uzbekistan on economic issues has been very useful for us entrepreneurs. It should be noted that BMB HOLDING has established close relations of economic cooperation with embassies of foreign countries in Uzbekistan, in particular with diplomatic missions of Russia, China, USA and a number of European countries such as Poland, Austria and Latvia.
In a word, the role of diplomatic missions of Uzbekistan and foreign countries in our country is very important in effective realization of the company’s projects.
– Today BMB HOLDING operates in the field of cultivation and production of agricultural products. Our readers are also interested in the future plans of the Holding.
– Our plans for the near future are huge. In particular, the work on establishment of deep processing of agricultural and fruit and vegetable products, and the launching of textile factories in Syrdarya region is in full swing. We also want to implement projects in the field of medicine. Our first project in this direction will be the creation of a health center in Navoi region in 2025. Also, a chain of restaurants and hotels “Zafaron” will be launched in Tashkent city and Tashkent region.
Along with this, we plan to implement the project “Energy-efficient technologies and equipment for production, mining and processing of natural decorative stone” worth 50 million US dollars together with the organization Toksel Makina from Turkey.
– Our last question may be off-topic, but many people are also very interested in this area. We would like to ask about your projects in sports, especially in soccer. What are your goals in soccer and futsal? Also, please, provide information about BMB HOLDING brand ambassadors in the sphere of chess.
– This is an interesting question. BMB HOLDING considers the development of sports in our country, especially soccer and futsal, as one of the main directions of its activity. The Holding was one of the sponsors of Sogdiana soccer club in 2021 and Lokomotiv soccer club in 2022. Since 2023, our Holding has been one of the sponsors of the professional soccer league of Uzbekistan.
At the same time, the BMB PROFESSIONAL FUTSAL CLUB team started its activity in the system of the Holding. A number of famous local and Brazilian futsal players were invited to the team. For the last two years the team won the Cup of Uzbekistan and the Super Cup of Uzbekistan. Today the basis of our team is made up of futsal players playing in the national team of Uzbekistan on mini-football.
On June 30, on the occasion of Youth Day in Uzbekistan together with the Agency for Youth Affairs within the framework of the project of the brand ORRO ROSSO in Milan (this brand is currently the official partner of the Italian soccer club Milan and Monza) we organized a trip to our country of four famous former players of the soccer club Milan, world and European champions Dida, Sergino, Panucci and Zaccardo. I believe that the visit of famous soccer players to Uzbekistan has served to increase the interest and activity of our youth in sports.
As you know, the Futsal World Cup will be held in our country from September 14 to October 6 this year. BMB HOLDING as the main partner organization is preparing for this futsal holiday.
Besides, BMB HOLDING actively supports talented young chess players. Recognizing them as the face and ambassadors of the Holding, we call them brand ambassadors. In particular, FIDE Master of Sports Humoyun Bekmurodov won a silver medal at the X Chessable Sunway Sitges International Chess Festival 2023 held in Barcelona (Spain), and also won the Dubai Police Global Chess Challenge tournament held in Dubai (United Arab Emirates) on May 3-13 this year.
Another of our young chess players is Umida Omonova, a student of the International Chess School, world champion in blitz and rapid, FIDE Master of Sport, member of the Uzbekistan national team, holder of the state award named after Zulfiya, brand ambassador of BMB HOLDING. She also won the 18th round of the Uzbekistan Championship held in April this year.
Another thing is that BMB HOLDING mobilizes all its capabilities and potential in the direction of further prosperity of New Uzbekistan, which is being built under the leadership of the Head of state, improvement of welfare of our people and development of the Motherland.
- Thank you for taking the time to talk to us.
- Thank you.

Dunyo IA

The traditional annual Address of the President of Uzbekistan Shavkat Mirziyoyev delivered on the eve of the New Year, became an important programmatic statement summarizing the results of the outgoing year and outlining the country’s strategic development priorities for the period ahead.

As the Head of State emphasized, the past year marked a period of steady progress in reforms and the strengthening of Uzbekistan’s socio-economic position, despite ongoing instability in the global economy and a complex international environment. In this context, the announcement of the coming year as the “Year of Mahalla Development and Society as a Whole” gained particular significance, signaling a transition toward a deeper focus of state policy on people’s quality of life and the development of civil society.

In his Address, the President noted that the national economy continued to demonstrate confident growth. The year 2025 concluded with landmark achievements: for the first time, the country’s GDP exceeded 145 billion US dollars, exports increased by 23 percent to 33.4 billion dollars, and foreign exchange and gold reserves surpassed 60 billion dollars. Investment inflows totaling 43.1 billion dollars enabled the implementation of dozens of major projects in industry, energy, and infrastructure. International rating agencies upgraded Uzbekistan’s sovereign credit rating from BB- to BB, opening more favorable conditions for external financing.

It was particularly emphasized that these macroeconomic results were accompanied by positive changes in the social sphere. Owing to active employment policies, the unemployment rate declined from 5.5 percent to 4.9 percent, and around five million people gained sustainable sources of income. Significant attention was devoted to supporting low-income families, developing targeted social assistance mechanisms, and improving access to basic services. The poverty rate decreased from 8.9 percent to 5.8 percent within a year, lifting approximately 1.5 million citizens out of poverty.

These outcomes were the result of consistent reforms aimed at enhancing economic resilience and creating a solid foundation for social development. Economic achievements expanded the state’s capacity to address social challenges and implement long-term support programs for the population. The President noted that social policy has become more responsive to the concrete needs of citizens, which represents a fundamental achievement of the current reform agenda.

Special attention in the Address was devoted to Uzbekistan’s foreign policy course, which was characterized as pragmatic, open, and oriented toward long-term national interests. The President emphasized that an active and balanced foreign policy remains a key factor in ensuring sustainable development, expanding economic opportunities, and strengthening Uzbekistan’s international standing. It was noted that in recent years the country has significantly expanded the geographical scope of its foreign economic relations, reinforced partnerships both with neighboring states and leading global centers, and consistently continued to promote regional cooperation initiatives. This course reflects Uzbekistan’s aspiration to assume a more visible and responsible role in international affairs, guided by the principles of mutual benefit and respect.

The Address also addressed the reform of the public procurement system as one of the key elements in enhancing transparency and efficiency in public administration. The President stressed that improving public procurement mechanisms is aimed at creating equal conditions for businesses, fostering competition, and ensuring the efficient use of budgetary resources. These measures are viewed as an important part of Uzbekistan’s preparation for accession to the World Trade Organization. In this context, reforms in the field of public procurement acquire not only domestic but also external economic significance, as they contribute to aligning national procedures with international standards and rules. Thus, the outlined steps reflect a systemic approach to Uzbekistan’s integration into the global trade and economic system.

A separate section of the Address focused on anti-corruption efforts, which were identified as one of the key priorities for further development. The President underscored that the fight against corruption is regarded not as a one-time campaign, but as a long-term state policy aimed at establishing an honest, transparent, and accountable system of governance.

“Allowing corruption is a betrayal of our reforms. We declare 2026 a year of ‘extraordinary measures’ to combat this scourge,” the President stated.

It was noted that the measures already being implemented—such as the digitalization of public services, increased transparency in decision-making, and strengthened public oversight—are producing tangible results, though they require further deepening. The emphasis on the anti-corruption agenda demonstrates a commitment to strengthening trust among citizens and international partners in state institutions.

Considerable attention in the Address was also given to environmental issues and sustainable development. The President noted that the environmental agenda is becoming an integral part of state policy and is directly linked to the quality of life of the population and the country’s long-term security. The importance of rational use of natural resources, the expansion of green technologies, and the implementation of programs to improve environmental conditions—especially in the most vulnerable regions—was underscored. Plans were announced to hold the next Assembly of the Global Environment Facility and the Central Asian International Environmental Exhibition in Samarkand in 2026. These events will create valuable opportunities to identify partners for industries, regions, and businesses, and to jointly launch new environmental projects. It was emphasized that environmental initiatives are viewed not only as a social necessity, but also as a key element of economic modernization and enhanced resilience.

Taken together, these priorities demonstrate the comprehensive nature of the ongoing reforms. They indicate that the course toward socially oriented development is inseparably linked with institutional transformation and international integration. This approach reflects Uzbekistan’s determination to build a balanced development model in which economic growth, social sustainability, and responsible governance mutually reinforce one another.

Summarizing the results of the concluding year, the Head of State stressed that all these achievements became possible due to a well-structured reform system and the active participation of society. At the same time, he underlined that further development requires not only economic resources but also a stronger social environment, trust, and solidarity. It was within this logic that the proposal was made to declare the coming year the Year of Support for the Mahalla, as the institution closest to people and their everyday concerns.

In the Address, the mahalla was characterized as a unique form of social organization that has absorbed centuries-old traditions of mutual assistance, responsibility, and respect. The President emphasized that the stability of the state begins with the stability of the mahalla, with an atmosphere of harmony and engagement at the local level. “If there is order and trust in the mahalla, there will be stability in society as a whole,” this idea became one of the key messages of the Address, logically linking past achievements with future objectives.

Support for the mahalla in the coming year is viewed as a systemic measure aimed at further strengthening social policy. The President pointed out that it is precisely at the mahalla level where family issues, employment challenges, education, social protection, and the prevention of social vulnerability can be identified most effectively. In this sense, the development of mahalla structures becomes a tool for increasing the targeting of state assistance and enhancing social justice. The economic achievements discussed earlier thus find their continuation in the social domain.

A significant part of the Address was devoted to citizen participation and the development of civil society. The President stressed that a modern state is impossible without active and responsible citizens involved in decision-making and oversight of implementation. In this context, the mahalla is seen as a space for fostering civic initiative and dialogue between authorities and the population.

“We must create conditions under which every person feels involved in the destiny of the country,” the Head of State noted, outlining a strategic commitment to expanding public participation.

Special emphasis was placed on the role of the mahalla in youth education and the strengthening of social values. The President noted that alongside economic indicators, the formation of a moral, educated, and socially responsible individual remains no less important. Support for projects in education, culture, and sports implemented at the mahalla level is regarded as an investment in the country’s future. “The future of Uzbekistan depends on the environment we create for our children today,” this quotation from the Address clearly reflects the long-term orientation of state policy.

Thus, the declaration of 2026 as the “Year of Mahalla Development and Society as a Whole” demonstrates the state’s intention to move from macro-level achievements toward deeper engagement with quality of life, human capital, and social institutions. It signifies a concentration of efforts on strengthening local communities, developing social infrastructure, and fostering an active and cohesive society.

The President’s Address sets a clear development vector for the year ahead: reliance on achieved economic successes, reinforcement of social policy, and the advancement of civil society through support for the mahalla. This approach reflects a strategic understanding that the sustainability of reforms and the country’s long-term prosperity are impossible without strong communities, trust, and citizen participation. In this context, support for the mahalla emerges not only as a social priority, but also as a foundation for Uzbekistan’s long-term development.

The second day of the visit of the Head of our state to Navoi region began with a joyful event. A ceremony dedicated to new projects was held with the participation of representatives of the public.

In recent years, entrepreneurship in Navoi region has been actively developing, and the interest of investors in the region continues to grow. In 2023 alone, the region produced more than 101 trillion soums worth of industrial products and exported $648 million. Foreign investments worth about $478 million were also absorbed, and the foreign trade turnover of the region amounted to about $1.3 billion. More than 300 foreign enterprises operate in the region, and their number will continue to increase.

Fifteen new projects were announced at the ceremony.

In particular, the projects on extraction and processing of oil shale in Kanimekh district, construction of a 300 megawatt solar photovoltaic station and a 75 megawatt electricity storage system in Karmana district, production of technical gases in Navoi city, processing of marble in Gazgan and granite in Zarafshan, extraction and enrichment of kaolin in Uchkuduk district, and production of fish feed in Khatyrchi district were launched. 

Enterprises were launched to produce potassium sulfate and sulfuric acid in Karmana district, cotton pulp in Navoi city, and granite processing in Nurata district.

The total cost of the 15 projects is $3.6 billion. More than 7 thousand jobs will be created.

President Shavkat Mirziyoyev pressed a symbolic button and gave start to the construction and operation of the new projects.

In recent years, taking into account international standards and advanced foreign experience, ensuring the protection of the rights of convicts, respect for their honor and dignity, education of morality and conscientious work for further social adaptation in society upon release, a fundamental improvement of the penal enforcement legislation in the Republic of Uzbekistan has been carried out with the introduction of effective legal mechanisms.

Currently, there are a number of international conventions and provisions aimed at protecting the rights of convicts, which are regulated by the International Covenant on Civil and Political Rights. (1966), "Convention against torture and other cruel, inhuman or degrading treatment or punishment" (1984), "Declaration on the protection of all persons from torture and other cruel, inhuman or degrading treatment or punishment" (1975), "Standard minimum rules for the treatment of convicts (Nelson Mandela rules)" (2015), "UN rules for the protection of minor children deprived of liberty " (1990), "Basic principles of the treatment of convicts" (1990).

Based on the norms of these international documents developed and adopted by the international community on standards for the treatment of convicts, systematic work is underway in the country to humanize execution and reduce negative consequences during their execution, as well as strengthen the legislative, organizational and legal framework for the protection of human rights, the implementation of international human rights standards into national legislation and other important norms human life activities that have been accepted for implementation by the Republic of Uzbekistan as a subject of the above-mentioned and other international treaties.

It is important to note that "Standard minimum rules for the treatment of prisoners" of UN 1955 are generally recognized minimum standards for the detention of prisoners and have great importance and influence on the improvement of legislation, criminal law policy and the practice of penitentiary institutions around the world.

The revised text of these standard minimum rules of December 17, 2015 at the 70th session of the UN General Assembly № A/RES/70/175 was unanimously adopted in the form of a resolution. These Rules became known as the "Nelson Mandela rules" as a sign of respect for his memory after the death of the famous statesman, the President of South Africa, who outlined these rules based on the experience of spending a long part of his life in prison.

It is also necessary to pay attention to the fact that, following the visit to Uzbekistan of the Special Rapporteur of the UN Human Rights Council, the topic "Promotion and protection of human rights and fundamental freedoms in the fight against terrorism" recommendations were made to bring the legislation of the Republic of Uzbekistan into line with the minimum standard rules for the treatment of prisoners (Nelson Mandela rules), in order to improve the conditions of detention of convicts in penal institutions, to ensure the rights to freedom of religion, which formed the basis of the “Road maps”, developed in accordance with the National Action Plan of the Republic of Uzbekistan.

In order to ensure the fulfillment of these tasks, the conditions of detention of convicts in penal institutions of the Republic of Uzbekistan are considered on the basis of the requirements of the standard minimum rules for the treatment of prisoners (Mandela rules), which are gradually being implemented in accordance with these rules.

On the basis of international standards of the rights and duties of convicts, taking into account the best practices of foreign countries, the system of execution of punishments is being radically improved, the problems that have accumulated over the years are being solved.

In the new version of the Constitution of the Republic of Uzbekistan the right to life is an inalienable right of every person and is protected by law. The most serious crime is an attempt on a person's life. The death penalty is prohibited in the Republic of Uzbekistan. Essence is that no one can be intentionally deprived of life. This norm is in line with the Convention for the Protection of Human Rights and Fundamental Freedoms, as well as the International Covenant on Civil and Political Rights. The human right to life is recognized as a natural and inviolable right arising from the moment of his birth, and belongs to a person regardless of the existence of statehood and laws.

In recent years, as part of the work to bring national legislation into line with international standards, for the first time the right to be elected was granted to convicts, except for persons who committed serious and especially serious crimes (Part 6 of Article 128 of the Constitution of the Republic of Uzbekistan). The number of convicts held in institutions of general, strict, special, prison and educational regime has doubled, for correspondence, receiving visits, parcels, transfers and parcels, conducting telephone conversations.

In addition, those sentenced to imprisonment are guaranteed psychological assistance and non-application of disciplinary measures for violations committed at the time of mental disorder, and the right to a pension is established for those serving sentences in penal colonies.

Law of the Republic of Uzbekistan June 30, 2020 introduced a new norm into the Penal Enforcement Code defining the procedure for the application of incentive measures for persons serving sentences, expanded measures aimed at ensuring the personal safety of convicts while serving their sentences.

At the request of the convicts, long-term visits can be replaced by short-term visits or remote video calls or telephone conversations, and short-term visits are replaced by remote video calls or telephone conversations. Persons serving sentences from low-income families are employed in high-paying jobs.

In the process of ongoing reforms, special attention was paid to creating decent conditions for convicts, for this purpose, the pre-trial detention facility -64/1, which had a negative character and was popularly nicknamed "Tashturma", was closed in Tashkent. Instead, a new pre-trial detention facility №1 has been built and is functioning in  Zangiata district of the Tashkent region, fully meeting international standards. Similarly, the institution "Jaslyk" in Karakalpakstan was abolished, and the convicts held in it were transferred to other colonies of the republic.

In recent years, there has been a tendency in our country to use alternative, non-custodial measures, which has reduced the number of convicts sent to penal institutions. This situation has made it possible over the past four years to reduce three penal colonies of the general regime, one each in Navoi, Kashkadarya and Tashkent regions.

In the Republic, the legislative, executive, and departmental authorities constantly monitor compliance with the rule of law and ensure the rights and legitimate interests of persons serving sentences in places of deprivation of liberty.

Thus, with the introduction of the post of Commissioner of the Oliy Majlis of the Republic of Uzbekistan for Human Rights (Ombudsman) He was granted the right to freely visit penal institutions. The Ombudsman and the Prosecutor have separate mailboxes designed for applications and complaints from these persons. The Prosecutor's Office and the Ombudsman regularly examine the observance of laws in penal institutions. The management of the Department for the Execution of Punishment constantly carries out field visits to places of deprivation of liberty in order to study the complaints and statements of convicts and make an appropriate decision and its immediate execution.

It should be added that, according to the recommendations of the UN charter bodies and treaty committees, the national preventive mechanism is being improved on the basis of the "Ombudsman Plus" model. The Ombudsman, and the Children's Ombudsman, the National Center for Human Rights and the Business Ombudsman have also been given the authority to monitor penal institutions.

As a result of the ongoing reforms, completely new priorities of the State penal enforcement policy have been developed and put into practice, providing for the following main aspects.

In particular, the Penal Enforcement Code has been supplemented with a new Article 102 "Procedure for the application of incentive measures", which abolished restrictions on visits of juvenile convicts with their parents or persons replacing them; convicted pregnant women with children are granted additional rights to long visits with minor children lasting up to five days - four times a year as well as long - term visits with the possibility of living outside the territory of the institution, the application of incentive measures to convicts - at least twice a year; if there is a threat to the safety of a person sentenced to imprisonment, it is established that he can apply, verbally or in writing, to any employee of the institution for the execution of punishment in order to ensure the declared safety, while the requirement is defined – upon receipt of such a statement about the need for immediate action, measures should be taken immediately to ensure his safety. An important requirement is also to prevent the unjustified use of rudeness, physical force and special means by employees and military personnel during the search of convicts; timely and appropriate conduct of long and short-term visits, telephone conversations, remote video communication, short-term remote video communication or telephone conversation.

It should be noted that such measures of encouragement for convicts are also enshrined in the penal codes of Spain, Turkiye, Japan and some other countries.

In accordance with the norms of the Penal Enforcement Code of the Republic of Uzbekistan, penitentiary institutions provide measures to protect the health of convicts, ensure their education, free use of libraries and other authorized sources of information (radio, television, movies and video films, etc.).

The "Import model" of prison management in Norway with a developed penal enforcement system is of interest. To implement this model, work is underway to establish a system of providing services (education, library use, health care) in places of detention.

It is also necessary to mention the Law of the Republic of Uzbekistan dated December 7, 2021, which, in order to humanize minors in the Penal Enforcement Code, provides for a norm defining the placement of persons in educational colonies not from the age of 13, but from 14. This has become one of the important steps towards reliable protection of the rights and legitimate interests of minors in the process of criminal and judicial proceedings in our country.

In order to further deepen the large-scale reforms being implemented in the system of Ministry of Internal Affairs, decree of March 26 and Resolution of April 2, 2021, the Main Directorate for the Execution of Punishment was transformed into the Department for the Execution of Punishment under the Ministry of Internal Affairs, it defines the legal basis for the department's activities to ensure the order of serving punishment by digitalizing the penal enforcement system, which will eliminate errors related to the human factor.

In addition, the law of the Republic of Uzbekistan dated February 15, 2023 "On State pension provision for citizens" provides that any work performed by persons sentenced to imprisonment while serving their sentence in penal institutions may be envisaged that the convicted person will be included in the work record in case of tax payment. This procedure is now defined in Article 96 of the Penal Enforcement Code of the Republic of Uzbekistan in a new edition, which has been renamed as "Payment of social tax and pension provision for convicts." Its first part defines "The expenses of institutions for the execution of punishment for the payment of labor sentenced to imprisonment that are subject to social tax", along with this, convicts have the right to transfer funds and use other services provided to convicts.

An important legislative decision is the prohibition of the use of a punishment measure with the use of a "straitjacket". This provision is based on Article 26 of the Constitution of the Republic of Uzbekistan, which states: "No one may be subjected to torture, violence, or other cruel, inhuman or degrading treatment or punishment" directly acts to prevent the use of torture and other cruel, inhuman or degrading treatment or punishment in penal institutions.

As a result of the ongoing reforms in the system of state penal enforcement policy, it is stipulated that common living quarters for persons with disabilities of groups I and II sentenced to imprisonment should be equipped with special means and devices; it is allowed to watch films, television and radio broadcasts, except for the time allotted for night rest; criteria for treatment are defined convicts.

In addition, it is important to eliminate corruption factors in assessing the behavior of convicts by including the length of service in the institution in the total length of service for their further retirement and, most importantly, by establishing strict criteria that determine the way to correct convicts.

The above allows us to conclude that the reforms carried out in this area are yielding positive results. In particular, recently the offenses of convicts in places of deprivation of liberty and after their release have been reduced; to a greater extent, the conditions of serving a sentence in the form of imprisonment comply with international standards, the incentive mechanisms applied to convicts serving sentences and those who have embarked on the path of correction are being improved, they ensure the protection of the rights, freedoms and legitimate interests of convicts, allowing them not to violate their interests; Public groups and citizens' self-government bodies are actively involved in the educational process of correcting convicts; offenses by law enforcement agencies have significantly decreased.

Mirzayusup Rustambayev,

Head of the University of Public Safety of the Republic of Uzbekistan, Doctor of Law, Professor

Ahead of the 81st session of the U.N. General Assembly and the 2026 SDG Moment, regional mechanisms for implementing the Sustainable Development Goals are gaining new relevance.

Jakhongir Isaev

The 81st session of the U.N. General Assembly opens on Sept. 8, while world leaders will gather for the SDG Moment on Sept. 18. These events will once again focus attention on how to accelerate progress toward the Sustainable Development Goals in the limited time remaining before 2030.

The U.N.’s 2026 Sustainable Development Goals Report shows that of 139 targets with sufficient trend data, only 36% are on track or making moderate progress. The report emphasizes the need for more investment, technology, data and international cooperation. At the same time, many of the most difficult development challenges are regional, while the main delivery mechanisms remain largely national.

Water basins, electricity grids, transport corridors, air pollution, climate risks and labor markets do not stop at national borders. National plans therefore increasingly need to be complemented by regional coordination, shared data, financing instruments and accountability mechanisms.

Central Asia is beginning to accumulate practical experience in this direction. It would be misleading to present the region as a finished model: serious water, infrastructure and institutional challenges remain. Yet several initiatives advanced in 2026 indicate how a regional layer of SDG implementation can take shape.

In April, the U.N. General Assembly adopted Resolution 80/260 on strengthening regional cooperation and economic integration for sustainable development in Central Asia. Supported by the five Central Asian states and 66 co-sponsors, the resolution calls for closer coordination among countries and for U.N. agencies, funds and programs to align their work around regional priorities.

The practical value of this approach is that country programs run by international organizations can be linked around common cross-border outcomes. Water efficiency, clean electricity trade or better transport connectivity can become measurable regional missions around which national reforms and development-partner resources are coordinated.

Energy is already moving in that direction. In January, the World Bank approved the first phase of the Regional Electricity Market Interconnectivity and Trade program. The 10-year initiative aims to establish Central Asia’s first regional electricity market, expand transmission capacity and enable larger-scale renewable-energy integration.

Water cooperation provides another important example. The World Bank estimates that limited coordination among national water systems costs Central Asia more than $4.5 billion a year. In July, it approved a regional project through the International Fund for Saving the Aral Sea to strengthen transboundary water management, digitize water accounting and prepare joint infrastructure investments. Around 40 million people are expected to benefit directly or indirectly.

Regional cooperation inevitably requires countries to reconcile different interests — between upstream and downstream states, electricity exporters and importers, transit economies and landlocked countries. For that reason, an effective model also needs mechanisms for benefit-sharing, dispute resolution and transparent monitoring.

Central Asia’s emerging experience suggests four practical lessons for the wider SDG system. First, regional cooperation should focus on specific and measurable missions. Second, multilateral development banks could expand regional financing instruments that reward joint delivery. Third, common standards and interoperable data platforms should be treated as part of regional public infrastructure. Fourth, the U.N. development system can align more of its country-level support around common regional results when dealing with transboundary challenges.

Such an approach does not weaken national sovereignty. On the contrary, it gives governments additional tools to address problems that cannot be solved effectively by one country alone. Regional cooperation also does not replace global cooperation; it serves as an important bridge between global goals and national implementation.

The 2026 SDG Moment emphasizes scaling solutions that have demonstrated results. The mechanisms now emerging in Central Asia are relevant from this perspective because they point to the need to scale not only individual projects, but also the institutions that connect countries, budgets, data and accountability.

In the next phase of the SDGs, greater attention should therefore be given to strengthening practical delivery mechanisms. For many cross-border challenges, regional cooperation can be one of the most effective levels at which this work is organized.

Jakhongir Isaev is Head of Department at the NGO Center for Sustainable Development. He writes on sustainable development, international cooperation and regional policy.

The main idea of the Forum is to strengthen global cooperation for the promotion of human dignity, equality and sustainable development

On September 28–29^th, 2026, Tashkent and Samarkand will host the 5th Samarkand Forum on Human Rights - an authoritative international platform for expert dialogue on pressing issues regarding the protection and promotion of human rights, sustainable development and international cooperation.

Theme of the 5th Samarkand Forum is “60 Years of the International Covenants on Human Rights and 40 Years of the Declaration on the Right to Development: A Global Partnership for Dignity, Equality and Sustainable Development”.

Active preparations for the forum are currently underway in Uzbekistan. The event is expected to bring together representatives of international organizations, state bodies, national human rights institutions, leading experts, scholars and civil society representatives from various countries around the world.

Over the past 10 years, at the initiative of our President Shavkat Mirziyoyev, holding Samarkand forums dedicated to the most pressing issues in the field of human rights in New Uzbekistan has become a good tradition.

 Therefore, it is not without reason that in the addresses of our Head of State, first of all, it was recognized that the Asian Forum on Human Rights, held for the first time in our country in 2018, brought a unique “Samarkand spirit” to world practice.

The 5th Samarkand Forum is timed to coincide with significant anniversary dates in the history of the international system for the protection of human rights.

The year 2026 marks the 60th anniversary of the adoption of two foundational documents of the United Nations - International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and Cultural Rights, which were adopted by the UN General Assembly on December 16th, 1966.

In addition, this year marks the 40th anniversary of the adoption of the UN Declaration on the Right to Development, which enshrined the right of individuals and peoples to participate in, contribute to and benefit from economic, social, cultural and political development.

Main idea of the Forum is to strengthen global cooperation for the promotion of human dignity, equality and sustainable development.

Holding of the Samarkand Forum in a year when important anniversary dates are celebrated demonstrates Uzbekistan’s consistent commitment to international standards in the field of human rights and its desire to make a practical contribution to the development of global dialogue on human rights confirms.

Dunyo AA

Tashkent city

The Content Preparation Center for Mass Media under the Administration of the President of the Republic of Uzbekistan has launched, for the first time in Uzbekistan, an innovative media bank — the Aura.uz platform. It consolidates photo and video materials showcasing the country’s rich cultural heritage, unique nature, modern cities, and way of life.

The primary objective of the platform is to promote Uzbekistan’s positive image to both local and international audiences through high-quality visual content.

Currently, Aura.uz hosts nearly 6 terabytes of data, comprising more than 12,000 photos, videos, and infographics. The platform is continuously updated with around 200 new items daily.

A dedicated service has been established for the collection and publication of content. In addition, the archive has been formed using materials from the National Television and Radio Company of Uzbekistan (MTRC), press services of ministries and government agencies, as well as the national news agency UzA.

This project aims to address a key issue in Uzbekistan’s media landscape — the shortage of high-quality visual content. As a result, it is expected to significantly increase (by up to 1,000 times) the global volume of professional photo and video materials about Uzbekistan.

Today, many local and international video creators, bloggers, and media professionals encounter outdated or low-quality content, often containing captions, subtitles, or watermarks, when searching for visual resources. In particular, finding modern footage — especially region-specific or drone-shot visuals — remains a challenge.

The platform features:
— exclusively high-quality content (HD, Full HD, 4K and above);
— materials provided without captions, logos, or subtitles;
— videos available in both horizontal (16:9) and vertical (9:16) formats;
— a convenient search system allowing access by season, time (day/night), region, and category;
— most importantly, all files are available for free use.

The content is systematically categorized into areas such as art, urban development, sports, historical landmarks, nature, and national traditions.

Materials of national significance are also compiled separately. In particular, videos related to the visits of President Shavkat Mirziyoyev, as well as content dedicated to the “New Uzbekistan” concept, are available in dedicated sections.

The platform is open, allowing contributors to upload their own materials. A monetization system is planned for future implementation.

Aura.uz is an innovative media platform that presents the modern visual image of Uzbekistan to the world.

In the modern world, freedom of speech and information is a key element of a democratic society.

Uzbekistan is actively moving towards strengthening the constitutional rights of citizens in this important area, striving to create favorable conditions for the free exchange of information and development of the information society.

The country remains firmly committed to further improving the system of ensuring human rights, freedoms and legitimate interests. The efforts made by the country's leadership in this direction are holistic, sustainable and irreversible.

The following key aspects of state policy in areas of obtaining and disseminating information:

Firstly, creating conditions for free expression of opinions, independent and safe work of the media. Freedom of speech and press are fundamental principles of a democratic society. Uzbekistan strives to ensure pluralism of opinions and prevent any form of censorship, which contributes to the development of an open and informed society.

For this purpose, the necessary legal frameworks have been formed and are being improved in accordance with international standards and recommendations. To date, the country has adopted more than 10 relevant laws, among them - “On guarantees and freedom of access to information”, “On the openness of the activities of public authorities and management”, “On the media”, “On the principles and guarantees of freedom of information” , “On the protection of the professional activities of a journalist”, “On informatization”, etc.

Under Uzbek legislation, journalists are guaranteed personal inviolability in the performance of their professional duties and may not be prosecuted for publishing critical material.

In addition, to further liberalise media activities and ensure the rights of journalists, in 2018, the legislation clarified the legal status of journalists and guarantees of freedom of journalistic activity, as well as the procedure for accreditation of foreign media representatives in the country in accordance with modern requirements.

Mechanisms have also been established for government support of the mass media (provision of privileges on taxes, other compulsory payments and tariffs, preferences, provision of government subsidies, grants and social orders, as well as social support for editorial staff).

The consistent expansion of conditions and opportunities for media outlets is also reflected in their quantitative characteristics. From 2016 to date, their total number has increased by 49 per cent, reaching 2,200. At the same time, the total share of non-state media in the country is over 60%. Alongside traditional media, online publications are also developing rapidly, the number of which has reached 716, and their audience is steadily growing.

It is important to note that in 2023, a number of issues of ensuring freedom of information were enshrined at the level of the country’s Basic Law. Thus, the new version of the Constitution of the Republic of Uzbekistan, adopted at a national referendum, outlines guarantees for the state to ensure free activity of the media, as well as responsibility for interference in the work of the media.

Another main difference of the new version of the Constitution in terms of freedom of information is the specification of the legal conditions under which restrictions on the search, receipt, use and dissemination of information can be introduced.

Similar provisions were identified in the Basic Law earlier, but were not detailed, which could lead to ambiguous interpretation and be used to unjustifiably restrict the rights of citizens.

The 2023 amendments establish that restrictions can only be imposed on certain grounds and only to the extent necessary. This represents a significant step forward in ensuring that restrictions on the right to seek, receive and disseminate information are transparent, legal and proportionate. These measures help strengthen the rule of law, protect the rights and freedoms of citizens and increase public confidence in government institutions.

A new provision has also been introduced into the country's Constitution guaranteeing free access to the Internet. Thus, the state at the constitutional level confirms its obligations to create all the necessary conditions for this, including in the context of supporting the processes of active digital transformation of the country and expanding the range of online services provided to the population.

Secondly, ensuring unhindered and equal access to information, including strengthening the accountability of government bodies to society. This includes expanding access to data on the work of government agencies and socially significant information in general. Availability of information allows citizens to be better informed, make informed decisions and actively participate in public life.

Openness and transparency in the activities of government agencies remain one of the key indicators of the effectiveness of the system of public control, ensuring continuous dialogue between the state and citizens, minimizing bureaucracy and combating corruption. It is the full implementation of this aspect that will reflect the principle laid down by the Head of State: “It is not the people who serve the state bodies, but the state bodies should serve the people”.

The work carried out by the Republic of Uzbekistan in this regard is becoming increasingly systematic. Thus, in addition to the current Law on Openness in the Activities of State Authorities and Government Bodies, a number of normative acts have been adopted since 2018 and up to the present time aimed at radically improving the work of the press services of State bodies and raising the status of press secretaries to the level of deputy head of department.

Increased requirements were set for the heads and employees of information services of state bodies, including timely and comprehensive coverage of key events and decisions within the work of their departments, as well as prompt response to requests from journalists and the public.

At present, the combined staff of the press services of ministries and departments includes 778 press secretaries and more than 500 employees.

In addition, the Agency of Information and Mass Communications, together with the press secretaries of government agencies, has created a mechanism for promptly responding to citizens' appeals, as well as critical and widely discussed news items in the media. As part of this work, more than 10,000 responses and expert opinions on the identified materials were published in the media, social networks and messengers.

The new version of the Constitution also obliges public bodies to act in a transparent and open manner. This means that all significant decisions and actions of public institutions must be publicly justified and documented. Authorities are obliged to publish regular reports on their activities and inform the public about important initiatives and programmes.

In 2021, in accordance with the Presidential decree, the possibilities of public control over the activities of government agencies were expanded. A list of socially significant information to be published as open data was approved, government bodies and organizations developing data, as well as the procedure for their publication were clearly defined.

The practice of determining indicators of openness and assessing it based on advanced international standards has been successfully introduced. The corresponding national Openness Indexes were published for 2022 and 2023.

At the same time, in 2022, liability was established for violating the legislation on the openness of the activities of public authorities and management, including for non-disclosure of socially significant information, failure to comply with the deadline and procedure for publication, or falsification of information.

Thirdly, protecting the rights of citizens to privacy and personal data. In the era of digital technology and big data, government policy is aimed at ensuring the security of citizens' personal information and preventing its misuse. This includes the development and implementation of legal regulations and technical solutions to protect personal data.

These issues are regulated by the relevant Law of the Republic of Uzbekistan “On Personal Data” dated July 2, 2019. In particular, it regulates the need to ensure the collection, systematization and storage of personal data of citizens of the Republic of Uzbekistan in the country in order to suppress the risks and threats of their leakage and misuse.

At the same time, it should be noted that the new version of the Constitution also enshrines the right to protection of personal data as a personal right of the individual. Consequently, their processing is allowed only with the consent of the individual. From now on, the Basic Law creates a direct possibility for citizens to demand correction of inaccurate data and destruction of data collected illegally or no longer having legal grounds, i.e. to realise the established international practice of the so-called ‘right to be forgotten’.

Such amendments are designed to promote the protection of privacy, increase trust in data processing systems, reduce risks and abuse, develop the digital economy and comply with international standards. Together, these measures create the conditions for a more transparent, secure and sustainable society in the digital age.

At the same time, the development of the population's information literacy remains an important factor in the formation of an effective and self-regulated national media environment against the background of various global challenges. The need to meet the needs of citizens for quality content and improve critical thinking skills has been repeatedly emphasised by the President of Uzbekistan.

The relevance of this task is confirmed by the fact that disinformation is recognised as one of the main short-term global threats, according to an expert report by the World Economic Forum. In addition, a long-term study of media consumption in Central Asia, conducted by the United States Agency for International Development and the non-governmental organisation Internews, shows an increase in the share of citizens in Uzbekistan who lack basic skills in working with information on the Internet (from 3% in 2021 to 25% in 2023).

Uzbekistan continue the country's course of strengthening openness and to develop fruitful and constructive international co-operation in the area of freedom of speech and the press with a view to turning the media into a real ‘fourth estate’. This will certainly create the necessary conditions for the creation of an informed, safe and progressive society ready to meet the challenges and opportunities of the digital age.

           Aziz Yengalychev,

  Chief Researcher at the Institute for Strategic and Regional studies under the President of the Republic of Uzbekistan

President of Uzbekistan Shavkat Mirziyoyev will participate in the upcoming 13^th Summit of the Organization of Turkic States (OTS), which will be held in Ankara, Türkiye.

Ahead of the 13th Summit of the Organization of Turkic States, scheduled to be held in Ankara, economic cooperation within the OTS is acquiring new substance. Alongside trade and investment, industrial cooperation, transport corridors, digital infrastructure, artificial intelligence and co-financing mechanisms are emerging as practical areas of engagement. The preparation of the OTS Strategy for 2027–2031 further increases the economic significance of the Ankara meeting.

Today, the Organization of Turkic States covers a significant economic space connecting Central Asia, the South Caucasus and Türkiye with European markets. By the end of 2025, the combined nominal GDP of the OTS countries amounted to approximately $2.3 trillion, while their GDP at purchasing power parity exceeded $6.2 trillion. Their aggregate foreign trade turnover surpassed $1.2 trillion.

These figures indicate the presence of a large market for expanding economic cooperation. At the same time, the volume of mutual trade among the OTS countries remains limited relative to their overall economic potential. The next stage of cooperation is therefore increasingly focused on moving beyond the simple expansion of trade toward deeper industrial cooperation, lower transport costs and the financing of joint investment projects.

Differences in the economic structures of the OTS countries provide a foundation for such cooperation. Türkiye has a substantial manufacturing base in machinery, automotive production, electrical engineering, textiles and chemicals. Kazakhstan and Azerbaijan, in addition to their energy resources, hold significant positions in metallurgy and petrochemicals. Uzbekistan is developing its textile and garment industry, electrical engineering, automotive, chemical and food industries, as well as non-ferrous metallurgy. Kyrgyzstan’s capabilities in light industry and agriculture also provide an additional basis for expanding shared production chains.

In this context, the economic outcome of integration within the OTS will increasingly be determined not merely by the volume of mutual trade, but also by the extent to which enterprises in member countries become integrated into one another’s production chains.

Uzbekistan’s Trade with OTS Countries

For Uzbekistan, economic relations with the Turkic states have become an important component of foreign trade diversification.

In 2025, Uzbekistan’s total foreign trade turnover reached $81.2 billion, including $33.8 billion in exports and $47.4 billion in imports. Among the country’s major trading partners, turnover with Kazakhstan amounted to $5 billion, while trade with Türkiye reached $3 billion.

Kazakhstan and Türkiye alone account for roughly one-tenth of Uzbekistan’s total foreign trade. When economic relations with Kyrgyzstan, Turkmenistan, Azerbaijan and Hungary are also taken into account, the OTS space represents a distinct and sizeable regional market for Uzbekistan.

Exports have played an important role in recent trade growth. In 2025, Uzbekistan exported $1.5 billion worth of goods and services to Kazakhstan, $1.1 billion to Türkiye and $771.1 million to Kyrgyzstan.

The composition of trade also points to qualitative changes in economic relations. In 2025, industrial goods accounted for 28.2% of Uzbekistan’s exports to OTS countries, machinery and transport equipment for 19%, food products for 11.1%, chemical products for 10%, and services for 12.7%. On the import side, food products represented 22.8%, mineral fuels 20.3%, industrial goods 18.1%, and machinery and transport equipment 12.9%.

This structure highlights two important features. First, Uzbekistan’s exports to the OTS market are not limited to raw materials, with industrial goods, machinery and equipment accounting for a substantial share. Second, the presence of energy resources, industrial goods and equipment in imports indicates that mutual trade with OTS countries is also closely linked to domestic production processes.

For this reason, alongside trade turnover, the depth of industrial cooperation is becoming an increasingly important indicator of future economic relations.

Untapped Export Potential

Despite significant growth in trade, the available opportunities have yet to be fully utilized.

According to estimates by the Center for Economic Research and Reforms, Uzbekistan has the potential to increase exports to OTS countries by an additional $2.7 billion. The largest reserve is associated with the Turkish market, at $1.8 billion. Additional export potential is estimated at $500 million for Kazakhstan, $200 million for Hungary and $100 million for Kyrgyzstan.

Market size alone, however, is insufficient to ensure export growth. Product quality, mutual recognition of standards, certification procedures, transport costs, delivery times and access to trade finance all directly affect exporters’ competitiveness.

Opportunities are particularly substantial in agriculture and food products. The combined agricultural market of the OTS countries is estimated at around $72 billion. For Uzbekistan, promising export categories include fruit and vegetables, processed food products, textiles, electrical equipment, construction materials, mineral fertilizers, copper products and polymers.

The concentration of a large share of the export reserve in Türkiye and Kazakhstan is also economically significant. Türkiye offers both a sizeable domestic consumer market and access to European and Mediterranean markets. Kazakhstan, due to its geographical proximity, shared transport networks and production linkages within Central Asia, remains a natural partner for cooperation with Uzbek enterprises.

In this sense, realizing the $2.7 billion export reserve requires a coordinated approach across industrial, logistics and trade policies.

Investment Relations Are Becoming More Institutionalized

Alongside trade, investment flows from OTS countries into Uzbekistan have also increased substantially.

Between 2017 and 2025, investment attracted from OTS countries into Uzbekistan exceeded $11.5 billion. In 2025 alone, investment amounted to $3.8 billion. Türkiye was Uzbekistan’s largest investor among OTS countries, with $2.4 billion. Investment was concentrated primarily in manufacturing, energy, agriculture, construction and logistics.

As of April 2026, Uzbekistan was home to more than 4,500 enterprises with capital participation from OTS countries.

The growing number of such enterprises points to a qualitative shift in economic relations. A trade transaction ends once a product crosses the border, whereas direct investment creates longer-term links between economies through capital, technology, employment, local suppliers and export channels.

The expansion of joint industrial projects within the OTS can therefore provide an additional foundation for further growth in mutual trade.

For example, components produced in one country may be used to manufacture finished goods in another and subsequently exported to a third market. In such a case, trade statistics reflect an underlying integrated production chain. Differences in the specialization of the Turkic economies create opportunities for precisely this type of cooperation.

The Turkic Investment Fund as a New Financial Mechanism

One of the most significant institutional developments in the OTS economic architecture has been the transition of the Turkic Investment Fund to practical operations.

In 2025, its authorized capital was increased from $500 million to $600 million. Uzbekistan’s share amounts to $100 million.

The Fund’s economic significance is not limited to the size of its own capital. Its broader potential lies in using these resources to mobilize financing from other international financial institutions.

On 17 June 2026, the Turkic Investment Fund and the Islamic Corporation for the Development of the Private Sector, part of the Islamic Development Bank Group, signed an agreement on an Islamic co-financing program of up to $50 million. The program is intended to finance small and medium-sized enterprises through local financial institutions in Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye and Uzbekistan.

Another practical model emerged on 1 July. The Turkic Investment Fund signed an agreement to provide up to $10 million in financing to KMF Bank in Kazakhstan, while the European Bank for Reconstruction and Development committed up to $50 million. The combined resources are intended to expand lending to micro, small and medium-sized enterprises.

These two examples point to an emerging trend. Rather than functioning solely as an institution that directly allocates its own resources, the Fund could develop into a platform for mobilizing international financial resources for projects across the OTS region.

Such an approach could help mobilize investment substantially exceeding the Fund’s own $600 million capital base. This mechanism is particularly relevant for industrial cooperation, transport, energy, digital infrastructure and small business projects.

From a Transport Corridor to an Integrated Logistics System

Transport costs and delivery times remain another major factor affecting trade within the OTS region.

Because Central Asian countries lack direct access to seaports, logistics costs have a significant impact on export competitiveness. In this context, the Trans-Caspian International Transport Route — the Middle Corridor, which runs across the Caspian Sea through Azerbaijan, Georgia and Türkiye toward European markets — is becoming an important infrastructure component of economic cooperation within the OTS.

For Uzbekistan, the importance of this route is increasing with the construction of the China–Kyrgyzstan–Uzbekistan railway. Connecting the new railway with the Caspian route could expand Uzbekistan’s participation in the East–West logistics chain linking China, Central Asia, the Caucasus and Europe.

A modern transport corridor, however, consists of more than roads and railways. Border procedures, permits, customs declarations, consignment notes and cargo tracking systems also affect the time and cost of transportation.

Digitalization has therefore become an important component of OTS transport policy.

The e-Permit electronic permit system is being implemented among the organization’s member states. At the 9th Meeting of OTS Ministers of Transport, held in Bishkek on 23 April 2026, a memorandum was also signed on introducing the e-CMR electronic international consignment note.

At the May summit in Turkistan, the President of Uzbekistan noted that the E-Permit system had been fully launched with OTS member states and proposed linking the Middle Corridor with the China–Kyrgyzstan–Uzbekistan railway, developing a simplified customs corridor, and digitalizing data exchange and cargo tracking processes.

If these mechanisms are integrated into a single system, the OTS region could develop a logistics environment that facilitates both the physical movement of goods and the digital flow of accompanying documents and data.

The economic effects can be measured in concrete terms — shorter border crossing times, lower administrative costs and greater predictability of delivery schedules for exporters.

From Trade to Technological Connectivity

In 2026, another new dimension of OTS economic cooperation became increasingly visible.

On 15 May, the informal summit in Turkistan on “Artificial Intelligence and Digital Development” placed particular emphasis on digital infrastructure, innovative technologies and the practical application of artificial intelligence.

Uzbekistan proposed developing the concept of a “Digital Turkic Corridor”, aimed at connecting data centers across the region through high-speed communication channels.

Additional initiatives included the establishment of a strategic cooperation network in artificial intelligence, the organization of a Technology Forum in Tashkent and broader technological cooperation among participating countries.

There is a clear connection between transport and digital integration. While the Middle Corridor facilitates the movement of goods, the Digital Turkic Corridor could accelerate the movement of data.

As a result, two parallel types of infrastructure may develop across the OTS region — physical and digital.

The first encompasses roads and railways, ports, logistics centers and customs infrastructure. The second includes data centers, telecommunications networks, cloud computing, artificial intelligence infrastructure and digital services.

Their integration could support the expansion of e-commerce, digital logistics, fintech, cross-border services and digital production management.

The Institutional Framework for Economic Integration Is Expanding

Another feature of the changes taking place within the OTS is the emergence of permanent mechanisms for economic cooperation.

While cooperation previously relied largely on summits of heads of state, intergovernmental meetings and bilateral agreements, dedicated mechanisms are now taking shape in finance, transport and the digital economy.

The Turkic Investment Fund is establishing a mechanism for financing investment projects. E-Permit and e-CMR are digitalizing transport documentation. The Digital Turkic Corridor initiative is intended to connect information infrastructure across participating countries.

The economic value of these institutions lies primarily in their ability to complement one another.

The effectiveness of integration will therefore depend not only on reducing trade barriers, but also on developing the broader infrastructure that supports trade.

New Economic Opportunities for Uzbekistan

Developments within the OTS open several avenues for expanding Uzbekistan’s economic cooperation.

The first is access to larger export markets. The estimated $2.7 billion in additional export potential represents a significant reserve relative to existing trade flows.

The second is industrial cooperation. Türkiye’s industrial and technological base, the resources of Kazakhstan and Azerbaijan, and Uzbekistan’s labor resources and expanding manufacturing sector provide conditions for developing complementary production chains.

The third is transport geography. Connecting the China–Kyrgyzstan–Uzbekistan railway with the Middle Corridor could expand Uzbekistan’s transit and logistics opportunities along the East–West axis.

The fourth is access to capital. Co-financing mechanisms involving the Turkic Investment Fund and international financial institutions could provide new sources of financing for the private sector.

The fifth is the digital economy. Integration of data centers, artificial intelligence, e-commerce and digital transport documentation could create conditions for faster growth in trade in services.

At the same time, these opportunities will not automatically translate into economic outcomes. Turning the $2.7 billion export potential into actual exports requires addressing product standards, certification, logistics costs, financing and market access at the level of specific product categories.

Likewise, the economic efficiency of transport corridors should be assessed not by their length or the number of participating countries, but by indicators such as cargo delivery times, transport costs per tonne and waiting times at border crossings.

In investment cooperation, the volume of capital attracted should be considered alongside localization levels, the participation of domestic companies in supply chains, job creation and export revenues.

Ahead of the Ankara Summit

As of September 2026, preparations are under way for the 13th OTS Summit in Ankara. On 8 September, OTS Secretary General Kubanychbek Omuraliev and Turkish Foreign Minister Hakan Fidan discussed the organizational and substantive aspects of the summit as well as its expected outcomes.

The discussions also covered another important document — the OTS Strategy for 2027–2031, which is expected to define the organization’s strategic framework and priority areas for the coming period.

In this context, the Ankara Summit may become an important milestone for the next stage of economic cooperation within the OTS.

The trend of recent years is increasingly clear. While the initial emphasis was largely on expanding trade volumes, economic relations are now becoming more closely linked to investment, transport infrastructure, financial institutions and digital technologies.

For Uzbekistan, the next task is to translate the existing $2.7 billion in additional export potential into actual trade, expand joint production chains with OTS countries, reduce transport costs and use new financial mechanisms to support private-sector projects.

Accordingly, the criteria for assessing economic integration within the OTS are also evolving. Trade turnover and investment volumes remain important indicators, but they are increasingly complemented by delivery times, logistics costs, industrial cooperation, joint projects, digital services and mobilized private capital.

It is this transition — from trade in goods toward an interconnected system of production, transport, finance and digital infrastructure — that increasingly defines the new economic substance of cooperation among the Turkic states.

Latofat Burieva

Center for Economic Research and Reforms