Expanding Uzbekistan’s exports and developing industrial cooperation require reliable logistics, access to capital, and stable and predictable conditions in foreign markets. These objectives occupy an important place on the economic agenda of the Conference on Interaction and Confidence Building Measures in Asia (CICA), which brings together 28 member states. The Seventh CICA Summit was held on October 15, 2026, in Baku under the chairmanship of Azerbaijan, whose priorities have been defined as connectivity, digitalization, and sustainable growth.

CICA members include some of Uzbekistan’s key trading partners. In the first half of 2026, China, Russia, Kazakhstan, Türkiye, and Afghanistan together accounted for approximately 53 percent of the country’s total foreign trade turnover. The multilateral platform complements established bilateral relations in areas where the organization of transportation or implementation of investment initiatives requires coordinated participation by several countries.

Cooperation with CIS countries occupies an important place in Uzbekistan’s foreign economic relations. Uzbekistan’s trade turnover with the Commonwealth countries increased from USD 11.8 billion in 2020 to USD 28.1 billion in 2025. In January–July of this year, trade turnover reached USD 18.3 billion, representing a growth rate of 122.7 percent. As of the beginning of August, approximately 5,800 enterprises with capital participation from Russia, Kazakhstan, Azerbaijan, and Tajikistan were operating in Uzbekistan.

Access to different markets requires a network of complementary transport corridors that makes it possible to select delivery routes based on their cost and transit time. At the CICA Summit in Astana in 2022, President Shavkat Mirziyoyev identified the development of production and logistics links between Central Asia and South and East Asia, as well as the Middle East, among the key economic priorities. The knowledge economy and modern technologies were also highlighted as priority areas.

Practical aspects of this agenda were discussed in June 2026 at the Second Termez Dialogue on Connectivity between Central and South Asia. Held with the participation of the CICA Secretariat, the event brought together representatives of 17 CICA member states. Discussions on multimodal routes and digital logistics were accompanied by a visit to the infrastructure of the Termez Cargo Terminal and the Ayritom International Trade Center, which facilitate freight transportation and trade between the regions.

Links with ports in the Caspian region complement the overland transport network by providing access to maritime routes. The conference of heads of ports of CICA member states, held in Baku in September, focused on coordinating maritime, rail, and road transportation, cargo handling, and cooperation among operators.

The transport agenda is closely linked to ongoing work within the CIS aimed at harmonizing technical requirements, ensuring mutual recognition of conformity assessment results, and eliminating non-tariff barriers. Electronic document management helps reduce the time required for cargo clearance and control procedures.

Direct ties between regions and businesses facilitate the identification of partners and platforms for joint projects involving technology transfer, industrial automation, and the development of new materials. Strengthening such ties was a key focus of the First CIS Forum of Regions held in Tashkent in 2025. The CICA Business Council provides additional opportunities for business engagement by promoting cooperation among business associations of CICA member states.

At the CIS Innovative Industry Forum held in Tashkent in April 2026, participants discussed the application of artificial intelligence and cooperation between science and industry.

For small and medium-sized enterprises, participation in such value chains creates opportunities to manufacture components and provide specialized services to large industrial enterprises.

The preparation of joint projects also requires coordination of financing sources. The CICA Financial Summit serves as an additional platform for engagement with relevant national institutions. Its first meeting was held in Astana on 8 September 2026. Its consultative agenda covers development finance, investment cooperation, and digital solutions. For Uzbekistan, this provides an opportunity to present initiatives in logistics, energy, and industry to potential investors and discuss the terms and conditions for their implementation.

Participation in multilateral formats enables Uzbekistan to build on established partnerships when entering new markets and preparing joint projects. The economic impact of such cooperation is reflected in the establishment of new production facilities, long-term export contracts, and an increase in the value added generated in Uzbekistan.

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

At a time when economic sectors are changing rapidly and digital technologies are penetrating every sphere of life, new challenges are emerging for education systems. Higher education must nurture a generation capable of developing ideas, making scientific discoveries and creating innovative solutions that contribute to the development of countries.

From this perspective, taking cooperation among the Turkic states in higher education, science and innovation to a new level is of particular importance. Our countries are united by a shared history, closely related cultures, spiritual values and traditions of mutual understanding.

The 13th Summit of the Organization of Turkic States, scheduled to take place in Ankara on 29–30 October this year, is also important for advancing this cooperation, strengthening mutual trust and identifying new opportunities for promising initiatives. On the eve of the summit, it is timely to reflect on the challenges facing higher education in the Turkic states, the opportunities available and the directions for future cooperation.

From a Shared History to Shared Development

The centuries-long history of the Turkic peoples is closely intertwined with the development of education, crafts, trade and cultural ties. Great thinkers, scholars and intellectuals from the Turkic world have made significant contributions to the development of world civilisation. Their scholarly legacy continues to serve as an outstanding example of the pursuit of knowledge, freedom of thought and enlightenment.

The task of today’s generation is not merely to preserve this rich heritage, but also to align it with the demands of modern development. To achieve this, it is important to expand links between educational institutions, create opportunities for young people to gain international experience, support cooperation among scholars and put research findings into practice.

Cooperation within the Organization of Turkic States can serve these objectives. Its effectiveness depends above all on clearly defining common goals, supporting them with practical programmes and consistently building on the results achieved.

In higher education, this approach covers several important areas. First, strengthening academic ties between universities can improve the quality of education and enhance research capacity. Second, exchanges of students and academic staff broaden young people’s horizons and help them acquire new knowledge and experience. Third, joint research projects make it possible to find solutions to shared challenges facing the Turkic states and to use available intellectual resources more effectively.

Most importantly, integration in education should promote mutually beneficial cooperation while taking into account each country’s national interests and distinctive characteristics.

Uzbekistan’s Path Towards a Turkic Education Space

Uzbekistan is paying particular attention to modernising higher education, expanding international cooperation and strengthening the integration of science and industry. Key priorities include aligning educational programmes with international requirements, training specialists in partnership with foreign universities, developing research activities and building modern infrastructure.

One initiative in this direction is the establishment of the International University of Turkic States. Established in Tashkent in accordance with Resolution No. PP–24 of the President of the Republic of Uzbekistan, dated 24 January 2025, “On Measures to Establish the International University of Turkic States”, the university is intended to expand multifaceted cooperation among the Turkic states in higher education, science, innovation and technology.

The university’s main objective is to train highly qualified and competitive specialists who meet the needs of the modern economy and international educational standards, as well as to develop joint academic and research projects.

In our view, the university’s significance goes beyond the establishment of a new educational institution. It creates new opportunities to bring together the scientific and intellectual potential of the Turkic states, strengthen practical links between their education systems and introduce international experience into the national educational environment.

In developing the university’s activities, particular attention is being paid to achieving practical outcomes from cooperation. These efforts include aligning educational programmes with partner universities, engaging foreign lecturers in the teaching process, establishing modern laboratories and organising students’ industrial placements through international cooperation.

This approach will help transform the university from a conventional educational institution into a modern academic environment that connects education, research and industry.

International Cooperation: Quality Education and New Opportunities

Cooperation with leading higher education institutions in Türkiye, Azerbaijan and Kazakhstan plays an important role in the work of the International University of Turkic States. This cooperation aims to develop academic fields, improve curricula, draw on the experience of academic staff and create new academic opportunities for students.

In the 2025/2026 academic year, specialist training began in five fields in cooperation with Turkish universities: medicine, computer engineering, electrical engineering, agricultural mechanisation and food technology.

Cooperation in these fields is being carried out with Hacettepe University, Middle East Technical University (METU), Istanbul Technical University (ITU) and Ege University in Türkiye.

The selected fields correspond to key needs of the modern economy. Training qualified medical professionals is essential for protecting public health and improving the quality of healthcare services. Computer and electrical engineering are key areas for the digital economy, industrial automation and the adoption of new technologies. Knowledge in agricultural mechanisation and food technology is directly linked to improving the efficiency of the agricultural sector, ensuring food security and using resources responsibly.

In the 2026/2027 academic year, the scope of cooperation is being expanded through new fields developed with universities in Azerbaijan and Kazakhstan. Five additional programmes are planned in petroleum and gas engineering, chemical engineering, the technology and engineering of geological exploration, telecommunications technologies, and international and comparative law.

Cooperation in this area involves the Azerbaijan State Oil and Industry University, Azerbaijan Technical University and Al-Farabi Kazakh National University.

Thus, the cooperation programmes planned for two academic years are expected to cover ten fields of study. This demonstrates the university’s commitment to bringing together the experience of different countries within a shared academic environment.

An important feature of this cooperation is that it goes beyond increasing the number of academic fields. It also involves aligning curricula and course syllabuses with international requirements, engaging foreign specialists in teaching, using digital learning resources and enabling students to take part in international placements.

These mechanisms lay the groundwork for updating educational content, reinforcing theoretical knowledge with practical skills and improving graduates’ competitiveness in the labour market.

Modern Infrastructure — The Foundation of Quality Education

The effectiveness of international cooperation is measured above all by how it is reflected in the educational process. This requires qualified educators, up-to-date curricula, research laboratories and infrastructure designed to develop students’ practical skills.

Practical work is under way in these areas at the International University of Turkic States. In March 2026, a clinical simulation and practical skills centre began operating for medical students. Equipped in line with the curricula and clinical standards of Hacettepe University, the centre enables students to practise emergency medical care, preliminary diagnosis and treatment procedures using modern simulators and robotic devices.

Such centres help ensure a close connection between theory and practice in the professional training of future doctors. Before entering a real clinical environment, students can strengthen their knowledge and skills by simulating a range of situations.

Modern computer laboratories and software platforms meeting current requirements have also been established in engineering and programming fields. Work to develop laboratory facilities for petroleum and gas, chemical and electrical engineering is continuing.

In addition, student accommodation, an information and resource centre, and co-working spaces have been provided for students and visiting international lecturers. These facilities are intended to create a comfortable environment for learning, independent research and teamwork on joint projects.

The launch of a digital learning platform at the university is another important step. It brings class schedules, learning materials, assessment processes and academic monitoring together in a single digital environment.

Today, digitalisation is not merely the introduction of technical tools; it is also a means of changing the culture of educational management, using data effectively and increasing transparency in the learning process.

Integrating Science and Industry

The potential of a modern higher education institution is determined not only by the knowledge delivered in classrooms, but also by its research, links with industry and ability to solve practical problems.

Demand for new technological solutions is growing across many sectors of the economy. The effective use of scientific advances in energy, the chemical industry, agriculture, telecommunications, medicine and information technology has become an important condition for competitiveness.

For this reason, cooperation among universities in the Turkic states should be strengthened through joint research, shared laboratories and the practical application of scientific developments. Bringing together each country’s research traditions, specialist expertise and existing infrastructure can lead to more substantial results.

The International University of Turkic States also faces the task of strengthening integration among education, fundamental science and enterprises in the real economy. Establishing targeted cooperation with economic sectors is important for improving students’ practical training, advancing research and helping graduates find employment.

In this regard, it is important to study employers’ workforce needs in advance, adapt educational programmes to those needs, organise industrial placements systematically and involve students in research projects.

Another promising area of scientific cooperation is artificial intelligence and digital innovation. Establishing joint centres of expertise in big data analytics, cybersecurity, digital governance and the use of intelligent systems could open up new opportunities for the Turkic states.

Issues such as climate change, the responsible use of water resources, food security and the development of renewable energy sources also require joint research by scholars from our countries. Many of these challenges transcend national borders. As a result, regional scientific cooperation is becoming increasingly important in finding solutions.

A Common Academic Space: New Opportunities for Students and Scholars

Academic mobility plays a particularly important role in deepening the integration of higher education among the Turkic states. Students studying in another country for a certain period, academic staff delivering lectures and researchers participating in joint projects all strengthen the exchange of knowledge and experience.

Effective academic mobility requires mutual recognition of learning outcomes, harmonised educational programmes, transparent assessment criteria and clear administrative procedures for students. These mechanisms make it easier for learners to continue their studies in another country on the basis of the knowledge they have acquired at home.

In this regard, promising priorities include developing academic mobility programmes among the Turkic states, expanding access to grants and scholarships, and increasing the number of joint degree programmes.

Joint degree programmes allow students to benefit from the academic experience of two countries. However, their success depends on carefully addressing issues such as the compatibility of educational content, quality assurance and recognition of graduates’ qualifications.

The International University of Turkic States is also focusing on aligning curricula with partner universities, involving foreign professors and organising student placements at partner institutions in Türkiye, Azerbaijan and Kazakhstan.

Going forward, expanding this experience, increasing exchange opportunities for students and young researchers, and supporting joint research projects could take educational ties among the Turkic states to a new level.

Another important priority is supporting young scholars and start-up initiatives. Research competitions, innovation projects and start-up accelerators that bring together students and researchers from different countries can help generate new ideas and turn them into practical solutions.

A Shared Goal: An Educated Generation and Sustainable Development

Today, the Turkic states face serious challenges alongside significant opportunities. Changes in the global economy, technological competition, environmental problems and new labour-market demands require education systems to be continually renewed.

In these circumstances, the greatest asset of our countries is human capital. Young people’s access to quality education, acquisition of modern professional skills, independent thinking and ability to generate new ideas will shape the future of our states.

Therefore, cooperation in higher education should not be viewed merely as a way to meet today’s demand for skilled workers. It is a strategic direction aimed at long-term development, strengthening scientific capacity and creating new opportunities for future generations.

Further developing cooperation within the Organization of Turkic States can strengthen ties between our universities, expand joint research and create conditions for young people to demonstrate their potential in an international academic environment.

The International University of Turkic States also serves these objectives. Cooperation with leading universities in Türkiye, Azerbaijan and Kazakhstan, educational programmes aligned with international requirements, modern laboratories and academic mobility opportunities are practical steps towards achieving them.

We are confident that the consistent development of mutually beneficial cooperation in education and science will further strengthen the intellectual potential of the Turkic states. This is important not only for our universities, but also for the innovative development of the entire region, its economic competitiveness and a sustainable future.

If our shared history brought us together in the past, shared knowledge, scientific research and worthy goals will bring our futures even closer. The new opportunities for higher education in the Turkic states lie precisely in this vision: enriching our common heritage with modern knowledge, uniting our intellectual potential and working together for shared development.

Bahodir Turaev,
Acting Rector of the International University of Turkic States

The third decade of the 21^st 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

The seventh summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) will take place in Baku on 15 October. The meeting comes at a time when the ability of states to sustain dialogue and find common ground is particularly important. In an increasingly complex international environment, CICA’s relevance stems primarily from its role as a multilateral platform that brings together countries with diverse political positions and national interests.

The framework’s principal strength is its inclusive character. CICA is not a military or political bloc and does not constrain its members’ independence in foreign policy. Its work rests on consensus, voluntary participation, equality and mutual respect, enabling states with differing interests to maintain regular dialogue.

These principles underpin Uzbekistan’s consistent approach to engagement within CICA. Tashkent advocates strengthening the forum’s role as a mechanism for implementing confidence-building measures and expanding practical cooperation among Asian states.

President Shavkat Mirziyoyev’s approach to CICA encompasses several interrelated priorities. Together, they seek to preserve trust between states, translate that trust into practical cooperation and strengthen the capacity of multilateral mechanisms to address shared challenges. His addresses at the Dushanbe summit in 2019 and the Astana summit in 2022 developed this approach along three main lines.

First, a comprehensive approach to security.

Uzbekistan recognises that contemporary threats cannot be overcome through political measures and the use of force alone.

The resilience of states also depends on human capital, opportunities for young people to fulfil their potential, the development of education and culture, and the ability to counter radicalisation.

Cooperation in education, culture and youth affairs therefore features prominently in the President’s summit addresses. Uzbekistan’s substantial contribution to advancing CICA’s youth agenda demonstrates this approach in practice. In particular, Uzbekistan’s Youth Affairs Agency served as co-chair of the CICA Youth Council.

Tashkent also assumed a coordinating role in implementing confidence-building measures, reflecting its commitment to translating political initiatives into action through established cooperation mechanisms.

Second, a focus on practical outcomes in multilateral cooperation.

A distinctive feature of Uzbekistan’s approach has been to translate the broad principles of trust into specific areas of joint action. In 2019, this was reflected in proposals to expand trade, support small and medium-sized enterprises, develop transport links and jointly address environmental challenges, including the consequences of the Aral Sea disaster. In 2022, the agenda became more operational, with a focus on food security, digitalisation, innovation, and resilient production and logistics networks. These initiatives share a common premise: states’ shared interest in economic and social progress provides a tangible foundation for stronger mutual trust.

Third, joint responses to regional challenges.

The third priority reflects Tashkent’s commitment to making multilateral mechanisms more effective in addressing problems that no country can resolve on its own.

Afghanistan provides a clear example. The President proposed considering the establishment of a high-level international negotiating group under United Nations auspices.

On environmental issues, Uzbekistan put forward the “Green Asia” initiative, aimed at expanding cooperation among experts on greening efforts and the protection of vulnerable ecosystems.

Both proposals seek to keep pressing regional challenges on the international agenda despite deepening disagreements among major powers.

Together, these priorities capture the central purpose of Uzbekistan’s policy within CICA: to preserve trust between states, reinforce it through practical cooperation and use multilateral mechanisms to address specific challenges facing Asia.

The forthcoming seventh CICA summit in Baku will mark the next stage in advancing this agenda. CICA faces an important task: to build on its achievements while delivering more tangible benefits from cooperation. Transport and economic connectivity, digitalisation, sustainable development, food security and environmental protection will be particularly important.

In this context, CICA’s effectiveness will depend to a considerable extent on progress in three interrelated areas.

The first is stronger political trust. As geopolitical competition intensifies, it is essential to preserve CICA as an open platform for dialogue among states with differing interests and positions.

Economic connectivity is equally important. Transport, trade, energy, investment and digital infrastructure can create lasting links between states, providing additional incentives to maintain stable relations.

Finally, CICA must continue to strengthen its human dimension. Education, youth exchanges, culture, and cooperation among researchers and experts build a foundation of trust that develops over time and retains its value despite changes in the political environment.

Uzbekistan brings practical experience and specific initiatives to all three areas. It consistently promotes an approach within CICA that connects security with economic development and dialogue between societies.

Amid growing uncertainty, Asia’s task is to find mechanisms that enable states to identify common ground even when their interests diverge, rather than allow new divisions to emerge. CICA can serve this purpose by preserving space for political dialogue and creating opportunities for practical cooperation.

Uzbekistan’s contribution lies in the sustained implementation of initiatives that strengthen trust and help shape a secure and prosperous future for the region.

Bekzod Normatov

Leading Research Fellow at the

Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan

Today, the Consultative Meetings of the Heads of State of Central Asia provide the region’s leaders with a regular platform to align their positions on issues that shape the future of Central Asia as a whole. Over the course of eight summits, direct dialogue has evolved into sustained engagement at the level of national coordinators, relevant ministries and agencies, regions, and business communities. From an economic perspective, it is particularly important that trade, industry, transport, and investment are being addressed with due consideration for the interdependence of national development plans.

Central Asia has arrived at its current model of cooperation within a relatively short period of time. In 2017, President Shavkat Mirziyoyev proposed holding regular meetings of the region’s leaders, and the first such meeting took place in Astana in March 2018. The format was built around direct dialogue, allowing the states themselves to define the range of common issues and coordinate their positions in areas where results depend on the actions of neighboring countries. At the same time, the format has retained its fundamentally consultative nature, based on the independence of its participants.

As the scope of cooperation expanded, the necessary mechanisms were gradually established. In 2021, establishment of a Business Council was proposed. In 2022, the Treaty on Friendship, Good-Neighbourliness and Cooperation for the Development of Central Asia in the 21^st Century was signed. The Council of National Coordinators was established in 2023, and a year later the Central Asia 2040 Concept for the Development of Regional Cooperation was adopted. In this way, political dialogue acquired an institutional and legal framework between summits while preserving the flexibility of the original format.

Uzbekistan’s chairmanship in 2025 significantly strengthened sectoral cooperation. More than 20 major sectoral and interregional events were held, including the Interregional Cooperation Forum at the level of deputy prime ministers. Ahead of the Seventh Consultative Meeting in Tashkent, the first meeting of the Council of Ministers of Trade and Investment of the Central Asian countries and Azerbaijan was held. Discussions focused on practical objectives: increasing mutual trade to USD 20 billion, establishing production facilities under the “Made in Central Asia” brand, and attracting international financial institutions to infrastructure and industrial projects.

The current scale of economic ties makes it possible to pursue more ambitious objectives. By the end of 2025, Uzbekistan’s trade turnover with the Central Asian countries had reached USD 8.3 billion, an increase of 15.2 percent. In the same year, the volume of direct investment and loans attracted from countries in the region amounted to USD 1.3 billion. Growing trade and investment activity is creating a foundation for deeper industrial cooperation and the development of production chains among enterprises across the region.

This is the underlying rationale of “Made in Central Asia.” Enterprises from several countries can participate in the creation of a final product by distributing individual stages of production among themselves. For Uzbek businesses, such a model expands the pool of potential customers and enables production to be planned in response to demand beyond the domestic market. A practical foundation is already taking shape: an Action Plan for the Development of Industrial Cooperation for 2025–2027 has been approved, bilateral investment funds have been established, cross-border trade zones and industrial cooperation centers are being developed, and joint sectoral projects are being implemented.

The economics of production chains is directly dependent on logistics. The China–Kyrgyzstan–Uzbekistan railway, as well as the Trans-Afghan and Trans-Caspian routes, involve different groups of participating countries.

The consultative platform provides an opportunity to coordinate countries’ infrastructure plans, border crossing operations, and logistics hubs in advance. In 2025, Uzbekistan proposed establishing an Infrastructure Development Council at the level of deputy prime ministers in order to place such coordination on a permanent footing.

A more favorable business environment is also being shaped through decisions taken in bilateral and trilateral formats. Since 2023, citizens of Uzbekistan and Kyrgyzstan have been able to cross the shared border using ID cards. In 2025, Uzbekistan, Kyrgyzstan, and Tajikistan signed a treaty on the junction point of their state borders. These measures facilitate travel, business contacts, and cross-border trade.

Azerbaijan’s accession as a full-fledged participant in November 2025 expanded the permanent dialogue toward the South Caucasus and brought into the format a country located along the continuation of the Trans-Caspian routes. This makes it possible to address trade, transport, energy, and investment issues within a broader economic geography.

At the same time, the planning horizon is expanding. The Central Asia 2040 Concept established long-term priorities, while at the Tashkent summit Uzbekistan proposed developing a Comprehensive Regional Program for Trade and Economic Cooperation through 2035, adopting a Declaration on a Common Investment Space, and introducing a joint program for the development of e-commerce. For businesses, these initiatives create a more predictable horizon for planning investments, supply chains, and entry into neighboring markets.

Uzbekistan’s proposal to move toward a strategic “Central Asian Community” format also fits within this longer-term perspective, with the aim of strengthening continuity in the implementation of long-term infrastructure, industrial, and investment initiatives.

Following the conclusion of Uzbekistan’s chairmanship, the focus continued to shift toward new forms of economic connectivity. At the informal meeting of the heads of state of Central Asia and Azerbaijan in July 2026, Uzbekistan proposed substantive work on integrated industrial and technological value chains, shared digital services, and investment platforms.

The mechanisms developed in recent years make it possible to connect suppliers across several countries, establish production facilities serving broader markets, attract capital to projects of regional scale, and incorporate logistics considerations from the earliest stages of investment planning. The established channels of cooperation facilitate the transition from strategic priorities to concrete projects while preserving each state’s independence in decision-making. Translating high-level agreements into programs and measurable results is what defines the substance of the next stage.

For Uzbekistan, this represents a qualitatively new scale of regional economic policy. Central Asia is becoming a space where coordinated decisions expand the potential market for national enterprises, connect production capacities, open new routes, and strengthen the foundation for investment. This is precisely where the strategic significance of the platform lies: the countries of the region are themselves shaping the conditions for long-term growth, while Uzbekistan consistently advances initiatives that translate the potential of good-neighborly relations into tangible economic opportunities.

Shifting international supply chains and expanding trade in Asia are driving demand for sustainable transport routes. For businesses, predictable delivery times, competitive rates, and reliable access to foreign markets are becoming increasingly important. Against this backdrop, the Trans-Caspian International Transport Corridor – linking China and Central Asia to Turkey and Europe via the Caspian Sea and the South Caucasus – is emerging as a key area for regional cooperation.

For landlocked Uzbekistan, developing this corridor is part of a broader policy to diversify foreign trade routes. The country’s participation not only expands the cargo volume along this route but also strengthens transport links between Asian nations. A primary objective is to establish a seamless logistics chain that ensures effective coordination between rail, road, and maritime transport.

The route’s growing importance is evidenced by the rise in the volume of Uzbek cargo shipments. By the end of 2025, this volume reached 1.2 million tonnes – a twofold increase over the past five years. The share of the "Middle Corridor" in Uzbekistan’s freight trade with the European Union rose from 12 percent in 2021 to 28 percent in 2025. This demonstrates the route's gradual integration into the logistics chains of domestic businesses.

The CASCA+ international multimodal route serves as a key cooperation mechanism, linking the Asia-Pacific region to Europe via China, Kyrgyzstan, Uzbekistan, Turkmenistan, Azerbaijan, Georgia, and Turkey. Within this framework, railway authorities coordinate transport terms and offer tariff discounts that reach up to 70 percent on certain segments. Future efforts will focus on ensuring regular shipments, synchronizing schedules, and expanding container transport.

New Railway Links

The China – Kyrgyzstan – Uzbekistan railway holds strategic importance for the development of the Trans-Caspian Corridor. Integrating this line with Central Asia’s transport network and Caspian ports will establish an additional route between China and Europe via Uzbekistan. This will create opportunities to boost transit volumes, develop logistics services, and expand industrial cooperation among the region's states.

Looking ahead, advancing the Uzbekistan – Afghanistan – Pakistan railway project and linking it with the Trans-Caspian route could strengthen connections between South Asia, Central Asia, and the South Caucasus. The interplay of these routes lays the foundation for developing transport along both East – West and North – South axes.

Particular attention is being paid to Uzbekistan’s potential participation in developing the Nakhchivan railway route. This project offers a promising way to expand cargo delivery options via the South Caucasus to Turkey and, subsequently, to Europe. Defining the format of participation involves assessing potential cargo flows, economic viability, and integration with existing routes. Developing this corridor could provide greater flexibility in selecting transport routes within the Trans-Caspian network.

Ferry Service and Logistics Center in Poti

Maritime transport across the Caspian Sea remains a key link in the corridor. Vessel availability, port coordination, and the timely arrival of ground transport directly impact overall delivery times. Therefore, expanding maritime capacity must be accompanied by more frequent and reliable service.

In this regard, Uzbekistan is working with Azerbaijani partners to procure two ferries for Caspian Sea operations. These additional vessels aim to reduce cargo waiting times at ports and enable more precise delivery planning. Project planning takes into account technical specifications, port infrastructure, and operational cost-effectiveness. For national exporters, regular service is particularly crucial when transporting perishable goods and fulfilling contracts with fixed delivery deadlines.

Another practical initiative involves establishing a logistics center near the port of Poti in Georgia. Uzbekistan is leasing a four-hectare site for the facility's construction. The project includes plans for standard and refrigerated warehouses to handle export-import cargo, including fruit and vegetable products.

The center will facilitate the storage, accumulation, and consolidation of cargo shipments for subsequent transport across the Black Sea. This will provide national exporters with new opportunities to organize shipments to European markets, while allowing freight forwarding companies to expand their service offerings. Thus, the Poti facility, the additional ferries, and the Nakhchivan railway route complement one another, strengthening various segments of the integrated transport chain.

Digitalization and Harmonized Procedures

Infrastructure development must be accompanied by the removal of administrative barriers. The need to resubmit information, inconsistent document requirements, and lengthy border processing times reduce transport efficiency. Creating a seamless corridor requires the interoperability of information systems, the advance exchange of data, and the mutual recognition of electronic documents.

Uzbekistan is making a practical contribution through the development of "E-Permit," a system for the electronic exchange of international road transport permits. The experience gained lays the groundwork for expanding digital cooperation among the corridor's participating states. Also of great importance is the Agreement on the Unified TRACECA Transit Permit, signed on May 15, 2026, in Astana by Uzbekistan, Kazakhstan, Kyrgyzstan, Azerbaijan, and Ukraine. Once domestic procedures are completed and the agreement enters into force, it will enable transit operations to be carried out using a single, unified permit.

Future work will focus on developing electronic waybills (e-CMR and e-CIM/SMGS), harmonizing customs operations, and implementing electronic queuing systems. Shipment data must accompany the cargo during intermodal transfers, thereby minimizing data re-entry and accelerating processing times.

Uzbekistan views the development of the Trans-Caspian Corridor as a practical contribution to strengthening transport connectivity across Asia. New rail links, plans to acquire vessels, the establishment of a logistics center in Poti, and the digitalization of transport operations are expanding opportunities for trade and regional cooperation. The coordinated implementation of these initiatives will enhance supply reliability, reduce logistics costs, and strengthen ties between Asian and European markets.

Ildar Renatovich Yaushev

Chief Specialist, Department of the Center for the Study of Transport and Logistics Development Issues, Ministry of Transport of the Republic of Uzbekistan.

Today, the Consultative Meetings of the Heads of State of Central Asia provide the region’s leaders with a regular platform to align their positions on issues that shape the future of Central Asia as a whole. Over the course of eight summits, direct dialogue has evolved into sustained engagement at the level of national coordinators, relevant ministries and agencies, regions, and business communities. From an economic perspective, it is particularly important that trade, industry, transport, and investment are being addressed with due consideration for the interdependence of national development plans.

Central Asia has arrived at its current model of cooperation within a relatively short period of time. In 2017, President Shavkat Mirziyoyev proposed holding regular meetings of the region’s leaders, and the first such meeting took place in Astana in March 2018. The format was built around direct dialogue, allowing the states themselves to define the range of common issues and coordinate their positions in areas where results depend on the actions of neighboring countries. At the same time, the format has retained its fundamentally consultative nature, based on the independence of its participants.

As the scope of cooperation expanded, the necessary mechanisms were gradually established. In 2021, the establishment of a Business Council was proposed. In 2022, the Treaty on Friendship, Good-Neighbourliness and Cooperation for the Development of Central Asia in the 21st Century was signed. The Council of National Coordinators was established in 2023, and a year later the Central Asia 2040 Concept for the Development of Regional Cooperation was adopted. In this way, political dialogue acquired an institutional and legal framework between summits while preserving the flexibility of the original format.

Uzbekistan’s chairmanship in 2025 significantly strengthened sectoral cooperation. More than 20 major sectoral and interregional events were held, including the Interregional Cooperation Forum at the level of deputy prime ministers. Ahead of the Seventh Consultative Meeting in Tashkent, the first meeting of the Council of Ministers of Trade and Investment of the Central Asian countries and Azerbaijan was held. Discussions focused on practical objectives: increasing mutual trade to USD 20 billion, establishing production facilities under the “Made in Central Asia” brand, and attracting international financial institutions to infrastructure and industrial projects.

The current scale of economic ties makes it possible to pursue more ambitious objectives. By the end of 2025, Uzbekistan’s trade turnover with the Central Asian countries had reached USD 8.3 billion, an increase of 15.2 percent. In the same year, the volume of direct investment and loans attracted from countries in the region amounted to USD 1.3 billion. Growing trade and investment activity is creating a foundation for deeper industrial cooperation and the development of production chains among enterprises across the region.

This is the underlying rationale of “Made in Central Asia.” Enterprises from several countries can participate in the creation of a final product by distributing individual stages of production among themselves. For Uzbek businesses, such a model expands the pool of potential customers and enables production to be planned in response to demand beyond the domestic market. A practical foundation is already taking shape: an Action Plan for the Development of Industrial Cooperation for 2025–2027 has been approved, bilateral investment funds have been established, cross-border trade zones and industrial cooperation centers are being developed, and joint sectoral projects are being implemented.

The economics of production chains is directly dependent on logistics. The China–Kyrgyzstan–Uzbekistan railway, as well as the Trans-Afghan and Trans-Caspian routes, involve different groups of participating countries.

The consultative platform provides an opportunity to coordinate countries’ infrastructure plans, border crossing operations, and logistics hubs in advance. In 2025, Uzbekistan proposed establishing an Infrastructure Development Council at the level of deputy prime ministers in order to place such coordination on a permanent footing.

A more favorable business environment is also being shaped through decisions taken in bilateral and trilateral formats. Since 2023, citizens of Uzbekistan and Kyrgyzstan have been able to cross the shared border using ID cards. In 2025, Uzbekistan, Kyrgyzstan, and Tajikistan signed a treaty on the junction point of their state borders. These measures facilitate travel, business contacts, and cross-border trade.

Azerbaijan’s accession as a full-fledged participant in November 2025 expanded the permanent dialogue toward the South Caucasus and brought into the format a country located along the continuation of the Trans-Caspian routes. This makes it possible to address trade, transport, energy, and investment issues within a broader economic geography.

At the same time, the planning horizon is expanding. The Central Asia 2040 Concept established long-term priorities, while at the Tashkent summit Uzbekistan proposed developing a Comprehensive Regional Program for Trade and Economic Cooperation through 2035, adopting a Declaration on a Common Investment Space, and introducing a joint program for the development of e-commerce. For businesses, these initiatives create a more predictable horizon for planning investments, supply chains, and entry into neighboring markets.

Uzbekistan’s proposal to move toward a strategic “Central Asian Community” format also fits within this longer-term perspective, with the aim of strengthening continuity in the implementation of long-term infrastructure, industrial, and investment initiatives.

Following the conclusion of Uzbekistan’s chairmanship, the focus continued to shift toward new forms of economic connectivity. At the informal meeting of the heads of state of Central Asia and Azerbaijan in July 2026, Uzbekistan proposed substantive work on integrated industrial and technological value chains, shared digital services, and investment platforms.

The mechanisms developed in recent years make it possible to connect suppliers across several countries, establish production facilities serving broader markets, attract capital to projects of regional scale, and incorporate logistics considerations from the earliest stages of investment planning. The established channels of cooperation facilitate the transition from strategic priorities to concrete projects while preserving each state’s independence in decision-making. Translating high-level agreements into programs and measurable results is what defines the substance of the next stage.

For Uzbekistan, this represents a qualitatively new scale of regional economic policy. Central Asia is becoming a space where coordinated decisions expand the potential market for national enterprises, connect production capacities, open new routes, and strengthen the foundation for investment. This is precisely where the strategic significance of the platform lies: the countries of the region are themselves shaping the conditions for long-term growth, while Uzbekistan consistently advances initiatives that translate the potential of good-neighborly relations into tangible economic opportunities.

The changes taking place in Central Asia in recent years can hardly be described as simplediplomatic rapprochement. This process is also transforming the economic landscape of the region.

Several years ago, issues related to borders, transport, water and energy were largely viewed as sources of disagreement. Today, these very areas are becoming some of the greatest opportunities for cooperation. This is because the countries have come to understand that the individual market and opportunities of each country are limited, while an interconnected region creates a much larger economic space.

The political foundation of this change is linked to a new regional approach that began in 2017. The policy of openness, good-neighborliness and pragmatism promoted by President of Uzbekistan Shavkat Mirziyoyev has strengthened dialogue among the Central Asian states.

While the first Consultative Meeting of the Heads of State of Central Asia was held in Astana in 2018, by 2025 such meetings had become a regular tradition. Most importantly, the economic results of this dialogue have become increasingly visible.

For example, in 2023, mutual trade among the countries of the region increased by more than 2.5 times compared with previous years, while mutual investment grew almost sixfold. At the 2025 Tashkent meeting, it was noted that intra-regional trade in Central Asia had reached $10.7 billion.

 There is an important logic behind these figures: as trust increases, risks decrease; as risks decrease, trade and investment increase.

The Seventh Consultative Meeting in Tashkent: A New Geoeconomic Architecture

The seventh Consultative Meeting, held in Tashkent in November 2025, marked a new stage in regional cooperation. Azerbaijan’s accession to the format as a full-fledged participant expanded the economic geography of Central Asia.

Why is this important? One of the major challenges facing Central Asia is its limited direct access to seaports. Azerbaijan, through the Caspian Sea, connects the region with the markets of the Caucasus, Türkiye and Europe.

In this regard, the Port of Baku, the Trans-Caspian International Transport Route and railway networks may open new export opportunities for Central Asia.

This is not simply about transporting goods. Logistics centers, warehouses, insurance and financial services, and processing enterprises will emerge around the new corridors. In other words, a single transport corridor can create new businesses across several sectors.

Therefore, Central Asia is gradually beginning to emerge not simply as a “landlocked region,” but as an economic hub where Eurasian transport corridors intersect.

Integration Is Driven by Business, Not Summits

The real outcome of regional cooperation is measured not by the number of documents signed at summits, but by changes in the lives of enterprises and entrepreneurs. In this regard, bilateral relations are particularly important. For example, trade turnover between Uzbekistan and Kazakhstan is planned to increase to $10 billion.

Thousands of joint enterprises have been established in the two countries in recent years.

 Trade with Turkmenistan has also approached $1 billion. The growth of cross-border trade and cargo transportation shows that economic ties between the two countries are developing not only at the level of capitals, but also at the regional level.

With Kyrgyzstan, transport and energy cooperation is of particular importance, especially the China–Kyrgyzstan–Uzbekistan railway project. If implemented, it will further strengthen Central Asia’s transport connectivity along east-west routes.

Relations with Tajikistan are also increasingly viewing trade, industrial cooperation, transport, water and energy issues from the perspective of economic cooperation.

All these processes are connected by one trend: neighboring countries are beginning to see each other not only as markets, but also as partners in production and investment.

Uzbekistan–Azerbaijan: Towards Lasting Friendship and Joint Markets

Uzbekistan–Azerbaijan relations hold a special place in cooperation between Central Asia and the South Caucasus.

Joint projects between the two countries are expanding in trade, energy, logistics, construction, geology, textiles and tourism.

Bilateral trade increased in 2025, and high growth rates have continued in 2026.

Most importantly, relations are moving beyond ordinary trade toward investment and joint production. A target has also been set to bring bilateral trade turnover to $1 billion by 2030.

Another important aspect of this cooperation is the possibility of combining Uzbekistan’s production capabilities with Azerbaijan’s logistics opportunities in the Caspian and Caucasus regions.

For example, products manufactured in Uzbekistan can reach Azerbaijan via the Caspian Sea and then access the markets of Türkiye and Europe. If customs procedures, railway transportation, port operations and electronic document systems are coordinated along this route, the time and cost required to bring products to market can be reduced.

Therefore, Azerbaijan’s accession to the regional cooperation format is not merely a symbolic diplomatic event. It is a practical step that expands Central Asia’s economic map westward through the Caspian Sea.

From Cholpon-Ata to Avaza: Ahead of the Eighth Consultative Meeting

On October 8–9, 2026, the eighth Consultative Meeting of the Heads of State of Central Asia is scheduled to take place in the Avaza National Tourist Zone of Turkmenistan.

The importance of this meeting can also be seen in its agenda. Along with transport and energy, issues related to water, climate, ecology, the Aral Sea, education and human capital are expected to be discussed.

This is not accidental. The economic future of the region can no longer be divided into separate sectors.

For example, water is directly connected with agriculture and energy; energy is connected with industry; transport is connected with exports; and education is connected with high technologies.

Therefore, at the next stage, it is not enough to understand integration simply as “more trade.” The key issue is to create more value together.

Regional Value Chains

One of the most important issues for Central Asian countries in the future is not simply increasing the volume of trade, but determining how much added value is created within that trade.

For example, if automotive components are produced in one country, a vehicle is assembled in another, spare parts are manufactured in a third, and the finished product reaches external markets through a fourth country — this represents genuine regional economic integration.

Such a model can be applied in textiles, electrical engineering, automotive manufacturing, food production, chemicals, pharmaceuticals and construction materials.

For this, a business-friendly environment is needed: digitalization of customs procedures, mutual recognition of certificates, shorter border-crossing times, and compatibility of electronic payments and documents.

Simply put, the greatest result of integration should not be a new declaration, but the ability of an entrepreneur to cross the border faster and at lower cost.

Water and Energy: From a Challenge to a Common Interest

           One of the most complex issues of integration in Central Asia is water and energy.

Water resources and energy potential are not distributed evenly among the countries. Therefore, if a state acts solely on the basis of its own interests, this may lead to unfavorable consequences for the region as a whole.

Conversely, coordinating reservoirs, hydropower, agriculture and electricity grids increases overall efficiency.

Climate change is making this issue even more urgent. Droughts, shrinking glaciers and growing demand for water will require countries to cooperate even more closely in the future.
Therefore, digital water accounting, data exchange, joint forecasting and the development of cross-border energy projects will become important components of integration.

“Central Asia Plus”: The Region Is Moving in Harmony with the Outside World

 Another important outcome of regional rapprochement is the growing perception of Central Asia as a common economic actor in negotiations with external partners.

Through “Central Asia Plus” formats, dialogue is being conducted with the European Union, China, Russia, the United States, South Korea and other partners.

The important point here is that external partners now have an opportunity to view the region not only as five separate markets, but as a larger interconnected economic space.

At the first “Central Asia–European Union” summit, held in Samarkand in 2025, transport, green energy, investment and digitalization were discussed. Trade and transport links with China are also expanding. The first “Central Asia–Republic of Korea” summit, held in Seoul in 2026, demonstrates the growing importance of technology and human capital.

Thus, the region is simultaneously strengthening internal integration and diversifying its external economic relations.

Seven Priority Economic Areas for New Development

 Political trust has been established in Central Asia. The next task is to turn it into economic results. Several areas are crucial for achieving this.

First, customs and trade processes need to be digitalized.

Second, the number of joint industrial enterprises and regional value chains should be increased.

Third, the China–Kyrgyzstan–Uzbekistan railway, the Trans-Caspian Corridor and other routes should be developed as a single interconnected logistics system.

Fourth, investment funds, export credit, insurance and public-private partnership mechanisms need to be expanded.

Fifth, data exchange and long-term planning in water and energy should be coordinated.

Sixth, common standards for digital payments and e-commerce are important.

Finally, investment in human capital is essential. The integration of the future will be driven not only by railways, but also by engineers, programmers, scientists, entrepreneurs and specialists of the new generation.

The most important feature of current developments in Central Asia is that countries are increasingly beginning to see one another not as competitors, but as partners.

The goal of increasing trade with Kazakhstan to $10 billion, the growth of cross-border trade and transport links with Turkmenistan, railway and energy projects with Kyrgyzstan, water and energy dialogue with Tajikistan, and the opening of new transport and investment opportunities through the Caspian Sea with Azerbaijan are all different manifestations of the same process.

This process is not yet complete. On the contrary, its most important stage is only beginning.

Because turning political agreements into economic results is not always easy. An agreement signed at a summit must become a new product at an enterprise, a transport agreement must lead to cheaper logistics, and an investment agreement must create a new job.

If this chain works, the geographical constraints of Central Asia can become an economic advantage.

If the ports on the Caspian Sea, railways coming from the east, common energy systems, regional industrial chains and a large consumer market become interconnected, Central Asia will become not simply a geographical region, but an important economic space in Eurasia.

Today, the region faces a historic opportunity: to turn geographical constraints into economic advantages, common problems into joint projects, and national markets into a large interconnected space for development.

To achieve this, the agreements reached at summits must be transformed into tangible results that enterprises, investors, farmers, transport operators, scientists and ordinary citizens can feel in their daily lives.

Only then will cooperation in Central Asia become not a political slogan, but a real economic force creating prosperity.

The New Uzbekistan’s open and pragmatic regional policy will remain one of the important initiators and driving forces behind this common path of development.

Tulkin Teshabaev,

Rector of Tashkent State University of Economics

Doctor of Economics, Professor

Exhibition will feature the 8^th Uzbekistan International Mining and Metals Forum – UIMF 2026, under the theme “From Resources to Global Opportunities”.

The 20^th Anniversary International Exhibition on Mining, Metallurgy and Metalworking – “MiningMetals Uzbekistan 2026” will be held on October 27–29^th, 2026, at the “Uzexpocentre” National Exhibition Complex in the capital of Uzbekistan, reports Dunyo IA correspondent.

The event is organized by Iteca Exhibitions International Company in partnership with ICA Eurasia Group.

MiningMetals Uzbekistan, which celebrates its 20^th anniversary this year, is the leading exhibition for the industry in Uzbekistan. It has long been an effective platform for showcasing the latest solutions and innovations, developing partnerships, exploring cutting-edge equipment and technologies and finding practical ways to help businesses grow.

To date, more than 150 exhibitors from 16 countries have confirmed their participation: Australia, the Republic of Belarus, Germany, Iran, Spain, Kazakhstan, Canada, China, the Republic of Korea, Kyrgyzstan, Russia, Serbia, Türkiye, Uzbekistan, Finland and Estonia.

Visitors will explore mining and mineral processing machinery, equipment for metallurgy and metalworking, solutions for transporting and processing mineral raw materials, and technologies for digitalisation, automation and industrial safety.

Germany will once again participate with a National Pavilion, while extensive displays by Chinese and Turkish manufacturers have also been confirmed.

Uzbekistan National Stand will be a joint display organised by the Ministry of Mining Industry and Geology of Uzbekistan, bringing together the country's leading mining and metallurgical enterprises: Navoi Mining and Metallurgical Company, Almalyk Mining and Metallurgical Complex, “Uzmetkombinat”, Uzbekistan Technological Metals Complex and “Navoiyuran”.

A highlight of the exhibition's business programme will be the 8^th Uzbekistan International Mining & Metals Forum – UIMF 2026, under the theme “From Resources to Global Opportunities”.

UIMF 2026 will bring together many leading players from Central Asia's mining and metallurgical industries, government agencies, investors, technology companies and the research community.

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

First Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan commented to Dunyo IA on the outcomes of the Consultative Meeting of the Heads of State of Central Asia and Azerbaijan, held on October 8^th in the “Avaza” National Tourist Zone in Turkmenistan

Akramjon Nematov, First Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan (ISRS), commented to Dunyo IA on the outcomes of the Consultative Meeting of the Heads of State of Central Asia and Azerbaijan, held on October 8^th in the “Avaza” National Tourist Zone in Turkmenistan:

Eighth Consultative Meeting of the Heads of State of Central Asia and Azerbaijan, held in Avaza on October 8^th, marked a fundamental shift in regional cooperation. The region is entering a new phase: from diplomacy built on trust to economic connectivity, and from resolving longstanding issues to shaping a shared future. The political trust developed in recent years is becoming a driver of tangible development, providing a foundation for joint manufacturing ventures, infrastructure and energy projects, technological cooperation, and new value chains.

Azerbaijan’s full participation significantly broadens the geographical scope and opportunities for this cooperation, strengthening Central Asia’s links with the Caspian region and the South Caucasus.

Nature of regional cooperation is thus changing. Central Asia is increasingly emerging not only as a region of good-neighbourly relations and political dialogue, but also as a centre capable of shaping its own economic and technological agenda.

This shift is particularly significant amid profound changes in the international system. Geopolitical tensions are reshaping established patterns of trade, transport and energy flows, reconfiguring supply chains and increasing the value of reliable connections. The technological revolution is turning data, computing capacity and skills into strategic resources, while climate change is placing growing pressure on water resources, food systems, energy and infrastructure.

As President of Uzbekistan Shavkat Mirziyoyev noted, “The world is changing rapidly, tensions are rising, trade and transport links are being reshaped and new risks are emerging”. These conditions create a clear need for closer coordination among the countries of the region, particularly in areas where their interests and capabilities are already closely connected.

Significance of the “Avaza” meeting therefore lies less in the number of proposals put forward than in the shared direction of the regional agenda, which emerged even more clearly in the statements of all six leaders.

This points to an important qualitative change: the Central Asian countries now have an agenda of their own, set their own cooperation priorities and propose mechanisms to implement them. This is an increasingly clear expression of the region’s capacity to act in its own right.

Emerging model of cooperation remains open to the wider world, flexible in its arrangements and grounded in the region’s ability to determine its own priorities. President of Uzbekistan expressed its guiding philosophy clearly: “We need a flexible and transparent format in which strong, sovereign, and independent states cooperate on the basis of mutual respect, trust and pragmatism”.

Under this approach, stronger links within the region create greater opportunities for external engagement. Central Asia is increasingly positioning itself as a hub in its own right, connecting East Asia, the Caspian region, the South Caucasus, Europe, South Asia and other regions, rather than remaining on the margins of major geoeconomic developments.

Significantly, the leaders see the further development of the Consultative Meetings primarily in terms of effectiveness and the delivery of agreed commitments. President of Kazakhstan Kassym-Jomart Tokayev advocated preserving the format as a platform for direct dialogue and proposed taking stock of earlier regional initiatives. The President of Uzbekistan expressed a similar view: “The number of documents in itself does not solve much. What matters far more is that the decisions we have already taken are implemented and deliver the results they were intended to achieve”.

The next phase of cooperation will therefore involve strengthening implementation mechanisms, improving coordination among the relevant agencies and consistently following through on agreements, while preserving the flexibility and trust that define the format. The aim is to establish institutional arrangements that make cooperation more effective without making it more cumbersome.

Convergence of interests was particularly evident in the economic sphere. Kazakhstan proposed increasing intraregional trade and linking trade and logistics hubs with centres for industrial cooperation to create regional value chains. Kyrgyzstan focused on specific projects in agricultural processing, light industry, building materials and logistics. Tajikistan emphasised joint ventures, industrial complexes and manufacturing and export projects. Azerbaijan proposed making greater use of existing joint investment funds to establish new manufacturing operations and enter international markets. Turkmenistan also identified industrial, investment, transport and energy cooperation as key priorities.

Against this background, the formula proposed by the President of Uzbekistan, “six economies – one product”, builds naturally on this common direction. It seeks to complement mutual trade with deeper collaboration in manufacturing, bringing together the resources, technologies, capital, industrial capacity, skills and logistics of several countries to produce finished goods.

This reveals another fundamental shift. The region is gradually moving beyond a role centred primarily on transit and raw materials, and is demonstrating its readiness to become an important link in global manufacturing value chains. This strengthens the resilience of national economies, broadens market access for businesses and places economic connectivity on a firmer footing.

Uzbekistan’s proposals for a Central Asia–Azerbaijan Business Forum in Khiva and a Platform for Financial and Technical Support of Joint Investment Projects offer practical ways to advance this approach. They would provide the tools for project preparation, expert assessment, financial structuring and implementation support needed to turn political commitments to industrial cooperation into results. Uzbekistan’s initiatives thus build on priorities already identified by its partners and help translate them into investment and manufacturing projects.

A similar complementarity is evident in transport. Kyrgyzstan sees the China–Kyrgyzstan–Uzbekistan railway as central to future opportunities and proposes assessing transport projects by delivery costs and journey times. Kazakhstan is expanding the capacity of the Middle Corridor and the North–South route. Azerbaijan is steadily developing the Caspian link and the Trans-Caspian route. Tajikistan is focusing on multimodal transport, the removal of administrative barriers and the digitalization of procedures. Turkmenistan is developing connections along the East–West and North–South axes.

In this context, the President of Uzbekistan’s proposal to accelerate the establishment of the Council for Infrastructure Development advances the shared objective of connecting transport projects. Such a mechanism could help coordinate the development of roads, railways, ports, border infrastructure and logistics centres, integrating individual national routes into a more coherent regional network.

Transport connectivity is understood to extend well beyond the movement of goods. The development of corridors creates opportunities for new manufacturing facilities, industrial zones, logistics hubs and service facilities along their routes. Infrastructure thus becomes a driver of both territorial development and value creation.

This approach offers a new perspective on Central Asia’s place in Eurasia’s emerging connectivity network. The China–Kyrgyzstan–Uzbekistan railway, the infrastructure of Kazakhstan and Turkmenistan, Azerbaijan’s Caspian transport capacity and Tajikistan’s multimodal transport capabilities are gradually forming a broader network of interregional connections.

Central Asia is thus emerging as a potential key pillar of this connectivity network, linking different markets and routes while strengthening its own manufacturing and logistics capacity.

A similar trend is emerging in energy. Tajikistan proposed drawing up a list of priority energy projects, identifying mechanisms for their joint financing and developing a regional strategy for the green transition. Azerbaijan, Kazakhstan and Uzbekistan are already working to establish a green energy corridor across the Caspian Sea. Turkmenistan likewise considers energy one of the key areas for expanded cooperation.

Shavkat Mirziyoyev’s proposed Joint Concept for Low-Carbon Energy Potential takes this shared agenda forward through systematic planning. It would allow new generation capacity, energy storage and energy corridors to be planned around the complementary roles of hydrocarbons, hydropower, solar and wind generation. National energy strengths could thereby be combined more systematically into a resilient regional system.

Important areas of common interest are also emerging in the digital sector. Azerbaijan is developing Digital Silk Way and trans-Caspian fibre-optic infrastructure. Kazakhstan proposed cooperation on artificial intelligence and approaches to its responsible use. Tajikistan is establishing a Regional Artificial Intelligence Centre in Dushanbe. Kyrgyzstan is promoting a common e-commerce platform. Turkmenistan also views technological development and the adoption of AI as promising areas of cooperation.

President of Uzbekistan’s proposal for Common Computing Infrastructure, based on interconnected national data centres, would provide a technological foundation for these initiatives. It could link digital communications with computing capacity, research cooperation, skills development and practical applications. This would give AI cooperation the infrastructure needed for deployment in industry, transport, energy, agriculture and public administration.

Critical minerals, including rare earth elements, are closely linked to technological transformation. The President of Uzbekistan proposed stepping up efforts to establish a Regional Alliance on Critical Minerals and, as one of its first practical measures, developing a Unified Digital Map of Critical Mineral Reserves in Central Asia.

This initiative builds on efforts to deepen industrial and technological cooperation. A more comprehensive understanding of the region’s resource base could improve transparency for investors, support processing industries and lay the groundwork for products used in modern energy systems, electronics and other high-tech sectors. Critical minerals are thus viewed not only as raw materials, but also as a foundation for future regional value chains that generate greater added value.

The convergence of approaches was also evident in the water and climate agenda. Kazakhstan emphasises improving regional principles for water use. Kyrgyzstan pays particular attention to the preservation of glaciers and mountain ecosystems. Tajikistan highlights the implications of glacier conditions and low water availability for food security. Turkmenistan consistently highlights issues concerning the efficient use of the waters of the Amu Darya and Syr Darya, as well as the Aral Sea.

These priorities align with Uzbekistan’s longstanding commitment to stronger regional cooperation on water and climate. In Avaza, Uzbekistan focused on practical instruments: digital monitoring of water resources, modernisation of irrigation networks, the introduction of water-saving technologies, implementation of the Decade of Practical Action for the Rational Use of Water Resources in Central Asia, greater effectiveness of the International Fund for Saving the Aral Sea (IFAS) during our country’s forthcoming chairmanship, and sustained, substantive dialogue with Afghanistan.

Together, these measures would create a more comprehensive model in which common principles for water use are supported by objective data, glacier monitoring, technological solutions and durable mechanisms for cooperation.

The same progression is evident in environmental cooperation. The International Consortium “Clean Air of Central Asia”, proposed by Uzbekistan, gained a concrete project focus in Avaza. The President proposed launching its activities with a pilot program to improve the environmental performance of industrial zones, agricultural clusters and transport hubs. This would provide a practical mechanism for advancing the shared environmental agenda, allowing solutions to be tested and subsequently scaled up across the region.

Human capital is an essential part of this approach. President Shavkat Mirziyoyev proposed developing a Regional Atlas of In-Demand Professions and Skills, bringing together national forecasts of shortages in specific occupations and of future occupational needs.

This initiative directly supports the industrial, infrastructure and digital agendas. As joint projects expand, demand will grow for engineers, energy and logistics specialists, programmers, AI experts and other skilled professionals. The regional atlas could align education with the actual needs of the emerging economy and provide the skilled workforce required for future projects involving several countries.

Avaza thus demonstrated the gradual emergence of an interconnected regional agenda. Trade is becoming more closely linked with manufacturing; transport with territorial development; energy with new corridors and storage technologies; digitalization with artificial intelligence and computing infrastructure; resource potential with processing; and economic development with human capital. Uzbekistan’s proposals reinforce this approach by building on its partners’ initiatives and providing additional practical measures and institutional support in specific areas.

Broader political and economic conclusion is even more significant. The Central Asian countries are increasingly confident in setting their own development priorities, designing mechanisms to implement them and managing their engagement with external partners. This is one of the clearest expressions of the region’s growing agency.

The region’s geoeconomic role is also changing. The shared emphasis on industrial cooperation, investment, critical minerals, technology and human capital signals a readiness to develop the region as a centre of value creation integrated into the global economy. Transit connectivity is increasingly being complemented by manufacturing and technological cooperation.

Crucially, this process remains open to the wider world. Stronger ties within the region expand opportunities for cooperation with Europe, China, Russia, South Asia, the Middle East and other partners. This reinforces Central Asia’s role as a bridge between different geoeconomic regions and as an important component of the emerging framework for interregional connectivity. Azerbaijan’s full participation strengthens this potential, extending the geographical reach of transport, energy, investment and digital cooperation across the Caspian Sea and through the South Caucasus.

Taken together, decisions and initiatives put forward in Avaza reflect a strong willingness among the participating states to build a region of shared development, in which national strengths reinforce one another and support common growth.

The effectiveness of regional cooperation therefore takes on particular importance at this stage. It should be measured by the expansion of joint manufacturing ventures, lower transport costs, a growing number of well-prepared and adequately financed projects, stronger energy and digital links, more efficient water use and, ultimately, greater opportunities for people.

Principle articulated by our Head of State, “solidarity and trust – for the sake of development and security”, captures the logic of the current phase: the trust built over time is finding practical expression in shared development and greater collective resilience. This model continues to rest on another principle set out by the President of Uzbekistan: “strong, sovereign, and independent states cooperate on the basis of mutual respect, trust and pragmatism”. Combination of national independence, a shared regional agenda and openness to the wider world defines the framework for cooperation that took further practical shape in Avaza.

Dunyo IA