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As part of the International Conference

As part of the International Conference, keynote addresses on the role of fair competition in promoting sustainable and inclusive long-term economic growth amid global uncertainty were delivered by the following international and national experts:Elnur Baghirov — Chairman of the Anti-Monopoly and Consumer Market Control Agency under the President of the Republic of Azerbaijan; Marc Bataille — Secretary General of the Monopolies Commission of Germany (Monopolkommission);Hakan Bilir — Vice President of the Turkish Competition Authority;Farrukh Karabaev — Deputy Chairman of the Competition and Consumer Protection Committee of the Republic of Uzbekistan. During the keynote addresses, inflationary pressures, supply chain disruptions, high market concentration, labour productivity, innovation, and the role of fair competition in enhancing consumer welfare were discussed. Participants also exchanged views on international best practices and practical approaches to promoting sustainable and inclusive economic growth amid global uncertainty.The World Bank's reports have repeatedly emphasized that competition plays a vital role in economic growth and is an integral part of the state's economy. Based on the above, the reforms being implemented in Uzbekistan's competition policy have also been recognized and acknowledged by the World Bank.

26 June 2026 5735

The International Conference on “Competition Policy Measures as a Driver for Sustainable Economic Growth in Times of Global Uncertainty” has officially commenced

An international conference titled “Competition Policy Measures as a Driver for Sustainable Economic Growth in Times of Global Uncertainty”, jointly organized by the Senate of the Oliy Majlis of the Republic of Uzbekistan and The Competition Promotion and Consumer Protection Committee, is currently underway.The conference brings together representatives of competition authorities from Germany, Türkiye, Georgia, and Azerbaijan, as well as leaders, officials, and distinguished experts from the United Nations Conference on Trade and Development (UNCTAD), the Ministry of Economy and Finance of the Republic of Uzbekistan, the Agency for Strategic Reforms under the President of the Republic of Uzbekistan, the Center for Progressive Reforms, the Uzbek Republican Commodity Exchange (UZEX), the International Monetary Fund, and a number of other international and national organizations.The conference was officially opened with welcome remarks by:- E.Gadoyev, Chairman of the Committee on Budget and Economic Issues of the Senate of the Oliy Majlis of the Republic of Uzbekistan,- Kh.Turakhujaev, Chairman of the Competition Committee of the Republic of Uzbekistan,- L.Grauberger, Head of the Consumer Protection and Competition Division at German Sparkassenstiftung for International Cooperation. In their addresses, they emphasized the growing importance of competition policy in today’s economic environment, highlighting its role in enhancing market efficiency and safeguarding consumer interests. During the conference, participants are discussing how competition policy can strengthen market resilience amid global uncertainty, including inflationary pressures, supply chain disruptions, digital transformation, and geopolitical fragmentation. Particular attention is being given to the role of competition policy in fostering efficiency and innovation, protecting consumers, and contributing to sustainable economic growth.

26 June 2026 5511

The Need for Precise Calculations to Achieve Maximum Efficiency Was Emphasized

Regional governors (hokims) were instructed to identify, based on detailed analytical assessments, which industries should be developed in each district, which investment projects should be attracted, and which initiatives would generate the greatest economic returns. To support this effort, 14 think tanks together with 37 sector-specific research institutes and higher education institutions have been formally assigned to 12 key sectors of the economy. For example, in the construction materials sector, the designated analytical institutions include the Institute of Macroeconomic and Regional Studies, the Center for Competition Policy and Consumer Rights Research, the Institute of Materials Science, and the Tashkent University of Architecture and Civil Engineering. These institutions will analyze demand for new types of construction materials, determine which districts are best suited for implementing projects to meet that demand, identify the most appropriate technologies to be adopted, and define the priority areas for workforce development and specialist training. The heads of all sectors have been instructed to work jointly with the designated think tanks, research institutes, and universities to assess the development potential of every district using this methodology and to prepare a portfolio of high-impact investment projects capable of significantly accelerating regional gross product (GRP) growth. Facebook|Instagram|X

25 June 2026 6452
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