Starting this year, it is planned to hold an annual Tashkent International Investment Forum. This is stated in the draft decree of the Head of the state “On the Development Strategy of New Uzbekistan for 2022-2026” published on the portal for discussing draft legal acts.

By consistently implementing the Strategy, it is planned to improve the investment climate in the country and increase its attractiveness. In particular, the task was set to attract $120 billion in the next five years, including foreign investments for $70 billion.

In this direction, the Strategy outlines such goals and objectives as:

implementation of the Strategy for attracting foreign and domestic investment until 2026;

attracting $14 billion in energy, transport, healthcare, education, ecology, utilities, water management and other investments based on public-private partnerships;

the establishment of mutual foreign economic relations between business representatives of the regions of the country and foreign countries, including the development of investment and foreign economic relations of Syrdarya region with China, Surkhandarya region with Russia, Jizzakh region with India;

holding the annual Tashkent International Investment Forum in the city of Tashkent from 2022.

The goal has been set to bring the stock market volume from $200 million to $7 billion in the next 5 years to increase financial resources in the economy.

Accelerating the process of accession to the World Trade Organization is another major challenge facing the state.

UzA