Permanent Mission of Uzbekistan in Geneva

03/11/2026

https://www.youtube.com/watch?v=WfTbUgGOUH8

Uzbekistan’s Weekly Diplomatic DigestLast week was marked by sign...

03/11/2026

Initiatives of Uzbekistan open new opportunities for cooperation among Turkic states

In an interview with Dunyo IA, Bakhtiyor Mustafayev, Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan (ISRS), commented on the outcomes of President Shavkat Mirziyoyev's participation in the Summit of the Organization of Turkic States, held in Ankara on October 30th, 2026.

Uzbekistan became a full member in 2019. What place does the OTS occupy in our country’s foreign policy today, and how has the economic dimension of cooperation evolved?
— The importance of this area of cooperation is clearly reflected in trade trends. According to various estimates, Uzbekistan’s trade with OTS countries, including observer states Turkmenistan and Hungary, increased from US$4.13 billion in 2017 to US$10.82 billion in 2025, approximately a 2.6-fold increase. Growth continued in January–July 2026, reaching 19.8% compared with the same period of the previous year. This shows that historical and cultural affinities are increasingly reinforced by economic ties. At the same time, expanding trade increases the need for joint manufacturing ventures, affordable financing, and coordinated transport and legal procedures.
The initiatives put forward by the President of Uzbekistan in Ankara address precisely these needs. For Tashkent, the OTS is becoming a platform for combining the capabilities of national economies and jointly addressing challenges that are difficult for any one country to tackle alone. The next stage requires more advanced processing of raw materials, the adoption of technologies, and joint efforts to enter international markets with finished products. The Organization’s practical value will grow as expanding trade is accompanied by the development of lasting production chains and new jobs.
President proposed launching cooperation in the “OTS Plus” format, beginning with meetings of sectoral ministers. To what extent can the economic scale of the Turkic states attract interest from external partners?
— According to the 2025 annual edition of the Turkic Economic Review, the combined GDP of member and observer states amounted to US$2.11 trillion, while their combined foreign trade turnover with countries worldwide stood at US$1.12 trillion. Potential partners are interested in the combination of market size, the resource base, and the countries’ location along transport routes.
Engagement at the sectoral level can translate this interest into concrete agreements. Ministers can agree on the terms for external investors’ participation in a manufacturing project, the development of a transport route, or the provision of technology. For Uzbekistan, it is particularly important that cooperation with third countries should help increase the technological sophistication of production and expand export markets. An open format also makes it possible to combine OTS countries’ raw material resources and manufacturing capabilities with external partners’ technology, equipment, and financing. In this way, demand for joint projects will strengthen the Organization’s international standing.
President proposed the “Turkic World – 100” programme, covering one hundred strategic investment and industrial projects. What financial resources are already available to support its implementation?
— The Organization is already developing its own financial infrastructure. According to information published on the Turkic Investment Fund’s official website, its authorised capital amounts to US$600 million. The agreement establishing the Fund was signed in 2023, and it announced the launch of its operations in 2025. Its priorities include industry, infrastructure, renewable energy, and support for entrepreneurship. The programme of one hundred projects can therefore draw on an existing institution capable of combining its own resources with financing from international banks and private investors.
However, the Fund’s capital should not be regarded as the budget for the entire programme. Its most useful role is to help develop sound projects, reduce risks at the initial financing stage, and attract co-investors. The areas proposed by the President, including the processing of rare and strategic minerals and the domestic production of equipment for green energy, require precisely this approach. Project selection must involve assessments of demand, technology costs, and investment returns. For Uzbekistan, the outcomes should be new capabilities and more advanced processing; for its partners, economically viable participation in shared production chains.
Why has the President proposed a treaty on mutual legal assistance in commercial matters as business ties expand? How large is the business community whose interests it would protect?
— We are already talking about thousands of enterprises. According to the National Statistics Committee of the Republic of Uzbekistan, as of 1 January 2026, there were 2,137 enterprises with Turkish capital and 1,212 with Kazakh capital operating in our country. These two OTS states alone accounted for 3,349 enterprises. Behind these figures are supply contracts, loans, investment commitments, and property relations.
As business relationships become more complex, the cost of legal uncertainty rises. Entrepreneurs need to understand how to protect their right to pursue a claim, obtain the necessary documents, and enforce a court judgment when a counterparty or its assets are abroad. The proposed treaty could make these procedures more predictable, while the digital exchange of requests could reduce the time needed for cooperation between the competent authorities. This would be particularly significant for small and medium-sized businesses, which find it difficult to maintain legal teams in several countries. Reliable legal protection can support further investment and reduce the costs of cross-border transactions.
What could the proposed Network of Logistics Complexes of Turkic States offer as traffic along the Middle Corridor increases? Why is joint management necessary?
— Growing freight volumes are already making coordination an economic necessity. According to the report by the Organisation for Economic Co-operation and Development, Enhancing the Competitiveness of the Trans-Caspian Transport Corridor in Central Asia, freight volumes along the Middle Corridor exceeded 4.7 million tonnes in 2025. The report also highlights persistent infrastructure and organisational constraints. As volumes increase, the effects of poorly coordinated schedules, terminal congestion, and duplicate paperwork become more pronounced. A delay on one section disrupts the entire route.
Joint management of the network could ensure coordinated service standards, the exchange of cargo data, and advance booking of terminal capacity. For businesses, the results are measured in the overall cost and predictability of delivery. Uzbekistan has an interest in ensuring that logistics complexes connect domestic enterprises to international markets and provide additional services, including storage, packaging, sorting, and product processing. This would generate revenue at different stages of transportation. Under this model, the Middle Corridor and connecting routes become a basis for locating production facilities and supporting regional development, rather than serving solely as transit routes.
What tourism potential underpins the proposal for a Turkic Tourism Alliance? How significant are travel flows between Uzbekistan and other OTS countries?
— At the summit, the President noted that the Turkic states welcomed more than 100 million international tourists in 2025. Uzbekistan is also recording rapid growth. According to the National Statistics Committee of the Republic of Uzbekistan, the number of foreign visitors arriving for tourism purposes reached 11.7 million in 2025, an increase of 46.8% over the previous year. Of these, 3.3 million came from Kyrgyzstan, 2.7 million from Kazakhstan, and 174,900 from Türkiye. These three countries alone accounted for approximately 6.2 million visits. In the other direction, citizens of Uzbekistan made 3.3 million trips for tourism purposes to Kyrgyzstan, 1.3 million to Kazakhstan, and 268,900 to Türkiye.
These flows provide a substantial basis for cooperation, although statistics on travel for tourism purposes also include visits to relatives and other types of trips. The alliance’s task is to expand demand for comprehensive tourism itineraries spanning several countries and to promote them jointly in international markets. The proposed agreement on mutual travel by citizens and the wider use of ID cards could make travel easier to arrange. For Uzbekistan, this offers an opportunity to encourage longer stays and increase demand for hotels, guide services, handicrafts, and local cuisine. It is important that growth in visitor numbers should generate more income for businesses in the regions.
President expressed readiness to provide 200 scholarships annually to young people from the Turkic states. What existing cooperation does this initiative build on?
— Educational cooperation already involves concrete activities. According to Uzbekistan’s Ministry of Higher Education, Science and Innovation, four universities in Uzbekistan, together with two Turkish universities, are delivering six bachelor’s degree programmes in the 2025/2026 academic year, with 718 students enrolled. Nearly 300 lecturers and researchers have participated in exchanges over the past five years. Of more than 400 applications submitted to joint research calls with TÜBİTAK, 53 projects have been recommended for funding. The proposed 200 annual scholarships under the “New Uzbekistan Scholarship” programme are intended to extend this work to young people across the Turkic states.
It is now important to connect the training of specialists more closely with industrial and technological priorities. The scholarships can support the training of engineers, researchers, and logistics specialists needed for joint projects. Internships at enterprises and business involvement in defining research tasks will help graduates apply their knowledge in production. The value of exchanges also extends beyond an individual degree. They create a professional community whose members are familiar with their partners’ languages and business cultures. These ties facilitate subsequent cooperation between universities and enterprises and provide a skilled workforce for long-term collaboration.
Ankara summit supported the initiative to declare 2027 the Year of Nature Protection, and a Dictionary of Common Turkic Words was proposed. How can environmental and cultural cooperation deliver practical results?
— Uzbekistan can share its experience in environmental protection with its partners. According to information released by the Press Service of the President of the Republic of Uzbekistan on 6 July 2026, new forest plantations covering more than 2 million hectares have been established on the dried bed of the Aral Sea. The country’s green cover increased from 8% in 2020 to 14.3% in 2025. Work on this scale provides a basis for discussing specific technologies for land restoration, the cultivation of drought-tolerant plants, and the monitoring of planted areas. The Year of Nature Protection could provide a framework for joint pilot sites, the exchange of scientific data, and specialist training in climate adaptation.
Cultural cooperation can also build on existing ties. For example, Uzbekistan’s Ministry of Higher Education, Science and Innovation has reported that more than 5,000 students in Uzbekistan have chosen Turkish as their second foreign language. A Dictionary of Common Turkic Words could be a useful resource for these students, as well as for teachers and translators. A digital edition, examples of usage, and accessible learning materials would enhance its practical value. The scholarly task is to reflect shared roots and differences in meaning accurately. This would combine the preservation of heritage with easier everyday communication and educational exchanges.
How do you assess the overall outcomes of the Ankara summit? What should be the main criterion for judging the effectiveness of the mechanisms proposed by Uzbekistan?
— Ankara Declaration adopted at the summit set out shared priorities for further cooperation. The initiatives build on a substantial existing portfolio of investment projects. In 2026, work is under way on 280 projects involving partners from OTS countries, including Turkmenistan and Hungary, with a total value of US$17.24 billion. Investment in these projects amounted to US$3.84 billion in January–August. The proposed mechanisms are therefore important primarily as a means of supporting the preparation and implementation of concrete projects.
The main criterion will be how the conditions for cooperation change for businesses and citizens. In industry, this means launching production and adopting technologies; in transport, lower costs and reliable deliveries; and in the legal sphere, access to protection for commercial interests. Educational and tourism initiatives should expand opportunities for people and increase business income. Implementing the proposals put forward in Ankara will require agreement on project parameters and sources of financing. Their common purpose is to create institutions that enable more reliable investment, production, and trade. It is these practical benefits that will strengthen the resilience of the partnership within the OTS.
Dunyo IA
Tashkent

28/10/2026

Presidential Engagements | Marco Rubio’s Visit | C5+1 Ministerial Meeting | Diplomatic Digest

18/10/2026

Peace and Trust in Asia - essential conditions for sustainable development

The third decade of the 21st century is shaping up to be a complex yet opportunity-rich period for the international relations system.
In this context, trust can be viewed today as a unique form of developmental capital. This is because in an environment where political trust exists, economic cooperation expands, investment climates improve, transport and logistics links develop and scientific and technological exchanges accelerate. Most importantly, nations begin to seek solutions to common problems through collaboration rather than in isolation.
Central Asia’s role as a region of peace, trust, and cooperation has also achieved international recognition within the framework of the United Nations General Assembly. In 2025, Uzbekistan delegation to the UN emphasized that joint efforts aimed at strengthening mutual trust, expanding economic and humanitarian ties and ensuring stability in Central Asia are shaping a new regional agenda based on equality, solidarity and shared responsibility.
Adoption of a resolution at the UN General Assembly in May 2026, aimed at strengthening regional cooperation and economic integration to ensure sustainable development in Central Asia, served as a logical continuation of this process. It places special emphasis on promoting innovation, creating new jobs, ensuring long term sustainable economic growth and further developing good-neighborly relations among Central Asian nations.
In Uzbekistan’s contemporary foreign policy, transforming Central Asia into a peaceful, stable and prosperous region is viewed as a top priority. The Consultative Meetings of the Heads of State of Central Asian nations have become an important mechanism for coordinating positions, advancing shared initiatives and strengthening mutual trust on an institutional basis.
Today's Asia is one of the leading spaces for the global economy, industry, innovation and technological progress. However, the long-term future of the continent is not determined solely by economic growth rates. Asia's true potential also depends on the ability of states with diverse political, economic, and cultural systems to cooperate around shared interests.
From this perspective, the meaning of “connectivity” in modern international relations is also evolving. While it was previously explained primarily through transport and trade routes, today it manifests as a complex phenomenon encompassing transport, energy, digital infrastructure, science, education and people-to-people ties.
A technological innovation created in one country can increase the efficiency of another nation's economy, and joint scientific research can offer a solution to a pressing issue for the entire region. For this reason, the new Asian model must rely not only on the movement of goods and capital but also on the free exchange of knowledge, technology and human capital.
In this regard, the cooperation between Central Asia and the Republic of Korea serves as a promising example. At the first “Central Asia – Republic of Korea” Summit held in Seoul in September 2026, security, practical economic cooperation and humanitarian exchanges were discussed as priority areas. Uzbek side particularly emphasized the open, pragmatic, and constructive nature of this partnership.
Value of such formats lies in the fact that they enrich traditional diplomatic relations with concrete economic, technological, scientific and educational projects. As a result, mutual trust transcends the level of political declarations and begins to manifest in practical outcomes.
One of the strongest foundations for sustainable peace is mutual understanding between people. Education, science and culture play an incomparable role in shaping it.
Political agreements establish the legal and institutional framework for relations between states. However, long-term trust between nations is primarily strengthened by people who understand each other's language, history, culture and values.
Therefore, viewing universities merely as educational institutions that train personnel no longer fully meets the demands of the modern era. A modern university is a space where scientific ideas are generated, different cultures engage in dialogue, youth gain international experience and long-term intellectual ties are formed between states.
Educational cooperation between Uzbekistan and the Republic of Korea
demonstrates noteworthy experience in this regard. Cooperation in higher education, vocational training, science and technology is expanding, making education a vital area of bilateral relations that shapes human capital. In particular, the need to train specialists who do not simply import modern technology but understand, adapt and develop it under local conditions is becoming increasingly urgent.
Conceptual significance of this approach is that the education-science innovation-production chain ensures the stability of international cooperation alongside economic development. Joint scientific laboratories, academic exchange, mobility of professors and students, and international research projects build professional trust between states. Over time, professional trust transforms into intersocietal trust. In this sense, international cooperation focused on education can be evaluated as a long-term investment in peace. Looking at this issue through the example of Bukhara, one can see a unique continuity between history and the present day. As one of the vital crossroads of the Great Silk Road, Bukhara has served for centuries not only as a hub for trade but also for science, education, culture and the exchange of ideas.
This historical experience carries significant meaning for the modern era as well. Having connected peoples and civilizations through caravan routes in ancient times, Bukhara can contribute to dialogue between different countries today through international education, scientific cooperation and academic diplomacy.
At Bukhara State University, we approach international cooperation precisely from this perspective. Joint educational programs with foreign higher education institutions, scientific research, international conferences, academic mobility and the exchange of professors and students are not isolated directions of the university's international activity. They serve a single purpose — bringing peoples closer together through knowledge and strengthening mutual trust through scientific cooperation.
In this process, role of youth is especially critical. A student participating in an international academic program today may become a scientist, engineer, entrepreneur, diplomat or public administration specialist tomorrow. Their experience of communicating with representatives of other nations and cultures today will undoubtedly influence their future professional decisions.
Therefore, it is not enough to evaluate the results of cooperation between universities simply by the number of signed memorandums or implemented projects. Its most significant outcome is the formation of a new generation that understands one another and can cooperate for the sake of common goals.
United Nations Sustainable Development Goals also define the formation of peaceful and inclusive societies as an indispensable condition for sustainable development. This approach is no coincidence. Where there is no peace, long-term investment is difficult; in an unstable environment, scientific research and innovation slow down; and under conditions of distrust, states are forced to spend their resources on risk management rather than development. Therefore, when thinking about sustainable development in Asia, it is necessary to view three interconnected concepts as a single whole: peace, trust and human capital. Peace creates a stable environment for development. Trust expands cooperation between states, institutions, and societies. Human capital, in turn, transforms these opportunities into scientific, technological, economic and social outcomes.
Support for the initiative to strengthen regional cooperation and economic integration in Central Asia at the UN General Assembly in 2026 also shows the intrinsic link between peace, good-neighborliness, and sustainable economic development.
In today's environment, Asia's future is determined not by the isolated success of a single state, but by the capacity of regional states to collectively find solutions to shared problems. Climate change, water resources, ecological safety, energy, food supply, digital transformation and technological progress are issues that are not restricted by national borders. Their solution also demands transnational cooperation.
Therefore, modern era requires us to understand peace not merely as the absence of conflicts, but as an active socio-political environment that creates opportunities for development. Trust should be evaluated not as an abstract category of diplomatic relations, but as a practical mechanism for economic and intellectual cooperation.
Asia's progress in the 21st century largely depends on the degree to which we strengthen trust between states, how effectively we establish dialogue, and our ability to place common interests above competition.
New cooperative environment emerging in Central Asia demonstrates important experience along this path. Open dialogue, good-neighborliness, economic integration and scientific and humanitarian exchanges are shaping a qualitatively new stage of relations between states. The task now is to further deepen this trust through strong institutions, joint economic and scientific projects, academic exchanges, cultural dialogue and youth cooperation. After all, peace is not just today's tranquility — it is an opportunity created for future development. Trust, on the other hand, is the force that realizes this opportunity. Peace builds trust, trust expands cooperation and cooperation creates a solid foundation for sustainable development and shared prosperity. This principle must become the most essential substance of Asia's future development paradigm.

Obidjon Khamidov
Rector of Bukhara State University

18/10/2026

Uzbekistan and the United States: The Economics of Mutual Interest
Ahead of U.S. Secretary of State Marco Rubio’s planned visit to Samarkand for the C5+1 summit, the Center for Economic Research and Reforms has examined the outlook for the Central Asia–U.S. platform and opportunities to further expand Uzbek-American cooperation.
History of Visits
Visits by U.S. secretaries of state to Uzbekistan date back to February 1992. John Kerry’s visit to Samarkand on November 1, 2015, was particularly significant: it brought together the foreign ministers of the five Central Asian countries and the United States for the first time, launching the C5+1 platform. Secretary of State Marco Rubio’s upcoming trip continues the established practice of combining bilateral talks with regional dialogue.
The U.S. secretary of state is expected to arrive in Samarkand in mid-October 2026, leading a delegation representing more than 200 American companies. A C5+1 ministerial meeting has been announced, with the foreign ministers of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan set to participate. Its stated priorities are regional economic connectivity, energy security, and joint responses to shared regional challenges. Talks with Uzbekistan’s leadership are also planned.
For Uzbekistan, the visit offers an opportunity to advance projects already agreed upon, attract technology, and improve access to international capital. The scale of the announced business delegation provides additional scope to pursue these objectives.
The Evolution of Central Asia Plus Frameworks
Regional frameworks involving external partners are becoming a regular feature of Central Asian diplomacy. In April 2025, Samarkand hosted the first Central Asia–European Union summit, which elevated relations to a strategic partnership. The second summit with China took place in Astana in June of the same year, followed by the first summit with Japan in Tokyo in December and the first summit with the Republic of Korea in Seoul in September 2026.
These platforms share much of their economic agenda: transportation, energy, critical raw materials, industry, and digital technology.
The C5+1 platform provides a dedicated channel for engagement with American businesses and financial institutions. Established in 2015, it covers the economy, energy and the environment, and security. A regional approach allows participants to address issues that extend beyond any single country, including transit, cross-border infrastructure, and supply chain resilience.
Bringing the five countries and prospective American investors together on one platform helps align national projects with the regional conditions needed to implement them.
Outcomes of the First C5+1 Summit
The first presidential-level C5+1 summit took place in New York on September 19, 2023. The inaugural Critical Minerals Dialogue followed in February 2024, and the first B5+1 business forum was held in Almaty in March. The latter created a channel for businesses to contribute to discussions on the investment climate and regional economic integration. The political platform thus gained both an industry-focused mechanism and a forum for business engagement.
The summit held at the White House on November 6, 2025, strengthened the commercial dimension of cooperation. According to the U.S. Department of Commerce, trade and investment agreements worth more than $25 billion across Central Asia were announced at the accompanying business conference. They cover aviation, agricultural machinery, rail infrastructure, digital technology, and critical minerals extraction.
At the summit, President Shavkat Mirziyoyev proposed closer coordination on investment and trade, the development of transport and energy projects linking Central Asia with the South Caucasus and Europe, and cooperation in the exploration, extraction, and value-added processing of critical minerals. His proposals also included holding the next summit in Samarkand.
The practical question for the next stage is whether high-level decisions are backed by adequate project preparation and financing. In aviation, this means aircraft delivery and operation; in industry, the construction and commissioning of production facilities; and in raw materials, the adoption of processing technologies and agreements with buyers.
Bilateral Meetings and New Investment Mechanisms
Regional cooperation rests on direct dialogue between Uzbekistan and the United States. During Uzbek President Shavkat Mirziyoyev’s official visit to the United States in May 2018, he held talks with U.S. President Donald Trump at the White House, and the two countries adopted a joint statement marking the start of a “new era of strategic partnership.” The presidents met again in New York in September 2025 and held talks in Washington on November 6. In February 2026, the Uzbek president visited the U.S. capital for the inaugural meeting of the Board of Peace, with new bilateral agreements signed as part of the visit’s business program.
One outcome of the November talks was the establishment of the U.S.–Uzbekistan Business and Investment Council. It is co-chaired by Saida Mirziyoyeva, Head of Uzbekistan’s Presidential Administration, and Sergio Gor on the American side. The Council’s responsibilities include supporting major trade and investment projects, monitoring the implementation of agreements, mobilizing financing, and promoting the services of IT Park resident companies, among other tasks.
The initial public offering (IPO) of the Uzbekistan National Investment Fund, or UzNIF, opened another channel to international capital. Its global depositary receipts were admitted to trading on the London Stock Exchange on May 18, 2026. Managed by Franklin Templeton since 2025, the fund holds stakes in 13 state-owned enterprises. For Uzbek-American cooperation, its significance lies in the involvement of an American investment manager in transforming a portfolio of state-owned assets and improving access to global equity markets.
BlackRock represents another area of engagement. In Davos in January 2026, President Shavkat Mirziyoyev discussed the acquisition of stakes in Uzbek enterprises and joint investment projects with BlackRock’s leadership. At a meeting in Tashkent on July 7, the priorities identified included privatization, financial markets, the fuel and energy sector, petrochemicals, and artificial intelligence technologies. These talks broaden opportunities for engagement with institutional investors.
A significant step has also been taken in cooperation with the U.S. International Development Finance Corporation (DFC). In February 2026, the parties agreed on the key terms for establishing a joint investment partnership. On June 16, DFC announced the launch of a U.S.–Uzbekistan investment platform involving the U.S. Export-Import Bank, Uzbekistan’s Ministry of Investment, Industry and Trade, and its Fund for Reconstruction and Development.
The platform’s priorities include energy, critical minerals, infrastructure, transportation and logistics, advanced manufacturing, information and communications technology, and pharmaceuticals. It is designed to attract private capital and participation from other financial institutions. Its significance lies in creating a mechanism to select and finance projects. This gives the October meeting a concrete basis for discussions on individual projects, their readiness, and the terms of partner participation.
Critical Minerals and Processing Opportunities
In September 2024, Uzbekistan and the United States signed a memorandum on a critical minerals partnership linked to initiatives from the 2023 C5+1 summit. In February 2026, the two countries signed an intergovernmental memorandum at the ministerial level on securing supplies through the extraction and processing of critical minerals and rare earth elements.
For Uzbekistan, the greatest returns are likely to come from developing production with higher added value. Where feasible, extraction should be complemented by ore beneficiation and further processing to produce materials that meet industrial customers’ requirements. The extent of processing, access to technology, training for local specialists, and the share of operations carried out domestically are therefore important considerations in evaluating joint projects.
Trade Trends and the Structure of Economic Ties
According to Uzbekistan’s National Statistics Committee, trade between Uzbekistan and the United States increased 4.7-fold between 2017 and 2025, from $215 million to approximately $1 billion. Exports rose from $32.1 million to $291.7 million, while imports increased from $182.9 million to $712.3 million. This trend reflects expanding ties, with purchases of American goods and services continuing to account for the larger share of bilateral trade.
In January–August 2026, bilateral trade reached $810.4 million, up 33.4% from the same period in 2025. Uzbekistan’s exports totaled $304.5 million, an increase of 59.9%, while imports reached $506 million, up 21.3%. The U.S. share of Uzbekistan’s total foreign trade rose from 1.1% to 1.4%.
Services accounted for $224.8 million, or 73.8%, of exports during the first eight months of 2026. Machinery and transport equipment contributed $44.8 million, while mineral fuels and related products accounted for $17.6 million. Machinery and transport equipment were the largest import category at $272.5 million, or 53.9%, followed by services at $84.1 million and chemical products at $73.5 million.
As of September 1, 2026, 377 companies with American investment were operating in Uzbekistan. The American business presence and joint projects span manufacturing and mining, energy and petrochemicals, agriculture, construction, and services, including information technology.
Total foreign direct investment and loans attracted from the United States exceeded $2.9 billion over 2017–2025. The annual figure rose from $8.6 million in 2017 to $383.2 million in 2025.
Conclusion
Given the announced agenda and the mechanisms already established, the most likely focus of the talks is advancing investment projects, energy infrastructure, and regional connectivity.
The partnership’s further development depends primarily on implementing the agreements already reached. Investment and modern technology create opportunities to upgrade production, raise productivity, and expand exports. For Uzbekistan, the long-term value of this cooperation lies in strengthening its industrial capacity, creating skilled jobs, and reaching new markets.
Regional dialogue also complements bilateral engagement by enabling countries to address transportation, energy, and trade issues together. Coordinated work in these areas can improve business conditions and make economic ties more resilient. The upcoming talks offer an opportunity to identify the next priorities and translate the existing partnership into further practical cooperation.
Overall, C5+1 allows Uzbekistan to connect its bilateral relations with regional transport and energy priorities, broaden its investor base, and strengthen its participation in international production networks. The forthcoming meeting in Samarkand could consolidate this shift toward project implementation.
Khurshed Asadov
Deputy Director of the Center for Economic Research and Reforms