A delegation of Cypriot business representatives arrived in Tashkent, Uzbekistan, to hold a series of meetings with representatives of the Uzbek business community.
The visit was organized at the initiative of the Embassy of Uzbekistan in Rome. More than ten representatives from Cypriot companies participated in the delegation.
The program included round tables and business-to-business (B2B) meetings held at the IT Park and Holiday Inn Tashkent City venues. These events brought together representatives from various sectors, including information technology, investment, banking, law, trade, and cosmetics.
The discussions led to the conclusion of several practical agreements. Companies represented in the Cypriot delegation intend to become residents of the IT Park and support efforts to attract European investors to startup projects in Uzbekistan.
A delegation from IT Park Uzbekistan held negotiations with the management of the Hong Kong-Shenzhen Innovation and Technology Park (HSITP) during a working trip to Hong Kong. The main focus of the meetings was strengthening partnership in the fields of innovation, startups, artificial intelligence, and attracting international technology companies.
The meeting took place on July 14, 2026. It was attended by Azamat Karamatov, CEO of IT Park Uzbekistan, and Vincent Ma, Chief Executive Officer of HSITP. During the visit, the delegation also toured the park's visitor center, familiarized itself with the residential infrastructure for specialists, and received a presentation on the opportunities that IT Park Uzbekistan offers to international technology enterprises.
During discussions, the delegation studied the HSITP infrastructure and presented Uzbekistan's digital ecosystem, emphasizing the country's potential as a regional hub for innovation, technology, and international entrepreneurship. Representatives of HSITP provided detailed information about the creation of their world-class innovation ecosystem in the Lok Ma Chau Loop area. This project is being implemented under the concept of 'One Country, Two Systems' and is designed to accommodate over 100,000 specialists in technology and innovation.
The HSITP territory is designated for housing research centers, laboratories, high-tech manufacturing, artificial intelligence development infrastructure, office spaces, and residential complexes. Special attention was paid to the mechanism for selecting park residents. In HSITP, land plots are allocated primarily based on the quality of business proposals and their innovative value. When evaluating applications, 70 percent of the score is assigned to the business plan and technological component of the project, and the remaining 30 percent to the commercial proposal. This approach is aimed at developing projects in sectors such as artificial intelligence, robotics, life sciences, and microelectronics.
The parties also discussed the development of the startup ecosystem. HSITP management presented its incubation program, which allows promising technology companies to participate free of charge without giving up a stake in their business. The goal of this program is to commercialize research and development results, scale projects internationally, and form partnerships with leading industry players. Key areas for joint work include integrating Uzbek startups into Hong Kong's innovation ecosystem, expanding interaction with venture capital funds and investors, and creating conditions for Chinese technology companies to enter the Central Asian market through Uzbekistan.
Furthermore, participants noted the prospects for joint activities in the fields of artificial intelligence, robotics, biotechnology, microelectronics, advanced manufacturing, and commercialization of scientific discoveries. The role of HSITP as a cross-border innovation platform connecting Hong Kong with Victoria Harbour, one of the world's largest technological clusters with a population of about 86 million, was also considered. The parties noted that this model provides international companies access to the mainland Chinese market while retaining the advantages of the Hong Kong business environment. At the conclusion of the negotiations, an agreement was reached to develop cooperation through startup exchange programs, organization of business missions and joint events, expansion of contacts with investors, holding thematic seminars, and ensuring the participation of HSITP representatives in ICT Week Uzbekistan.
Official representatives from Russia and Armenia visited the national exposition 'Made in Uzbekistan,' presented at the international industrial exhibition INNOPROM-2026 in Yekaterinburg.
The exposition was inspected by the Head of the Government of the Russian Federation Mikhail Mishustin, the First Deputy Head of the Government of the Russian Federation Denis Manturov, and the Prime Minister of the Republic of Armenia Nikol Pashinyan.
Guests were provided with information about the economic reforms underway in Uzbekistan, modern production capacities in various industries, export-oriented products, as well as investment potential in the country.
The national stand also showcases products from leading pharmaceutical enterprises, which present their developments and innovative achievements.
Within the framework of this exhibition, representatives of Uzbek companies continue to hold meetings with foreign partners. The goal of these meetings is to establish new business contacts, expand export opportunities, and strengthen international cooperation.
A delegation from Uzbekistan is participating in the meeting of the Working Group on implementing customer-oriented principles in the work of tax services of CIS member states. The event began in Ufa on July 7, 2026, as part of the Coordinating Council of Heads of Tax Services of CIS countries.
Representatives from tax administrations across the Commonwealth gathered at this meeting to discuss modern methods for forming a tax administration model, improving the quality of public services, implementing digital technologies, and exchanging best practices.
The Uzbekistan delegation is headed by Turabek Turaev, Director of the Tax Committee Department. One of the central issues was the practical application of strategic documents aimed at developing customer orientation. The Uzbek side presented its experience in implementing the President's Decree No. PF-95 of May 19, 2026, which defined a customer-oriented approach as a priority direction for the development of the tax service. Participants were also informed about the introduction of a customer orientation index for tax authorities, which will come into force on August 1, 2026.
Special attention was paid to the use of artificial intelligence (AI) technologies in tax administration. The delegation demonstrated several digital projects developed by the Tax Committee. Among them are machine learning (ML) models for assessing tax risks, the 'Risk Scoring' intelligent system, an AI-based call center, computer vision solutions, and other digital innovations designed to increase the efficiency of the administration and improve the quality of taxpayer service.
Furthermore, participants were presented with the experience of using feedback loops to improve tax services. In particular, the delegation discussed transforming the 'Avtokameral' system (automated desk audit) from a regulatory control tool into a taxpayer support service, the activities of the Public Council at the Tax Committee, and the practice of holding monthly Open Days.
The Tax Committee noted that participation in the working group contributes to professional cooperation between CIS tax services, allows for the exchange of valuable experience, and supports the continuous improvement of customer-oriented practices and digital transformation in Uzbekistan's tax administration.
