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Mirziyoyev Proposes Regional Investment Concept as Trade Hits $13 Billion

President Shavkat Mirziyoyev opened the Fourth Tashkent International Investment Forum on June 3 with a wide-ranging address emphasizing deeper global cooperation, peaceful conflict resolution, and renewed investment in green energy, digital transformation, and regional integration. His remarks underscored Uzbekistan’s economic ambitions and its aspiration to be a constructive global actor, according to the presidential press service.

“We welcome more than 7,500 delegates today, including nearly 3,000 foreign guests from around 100 countries,” Mirziyoyev said. “This is a true expression of respect for our country and a sign of mutual trust.”

Dignitaries included presidents and prime ministers from Bulgaria, Slovakia, Kazakhstan, Kyrgyzstan, Tajikistan, Azerbaijan, and senior officials from Russia and Turkmenistan. Also in attendance were leaders of major financial institutions such as the European Bank for Reconstruction and Development and the New Development Bank.

Addressing Global Challenges

Mirziyoyev painted a sobering picture of current global instability. “The global arms race is intensifying,” he noted, citing a 50% increase in military spending since 2010, now totaling $2.5 trillion.

He criticized the erosion of international law and diplomacy, citing food insecurity, poverty, and climate change as growing threats. He also condemned the humanitarian crisis in Gaza: “In the 21st century, the death of so many innocent people before our eyes cannot be justified,” he said, urging a fair resolution in line with international law. On Ukraine, he reiterated Uzbekistan’s position that the conflict must be resolved through diplomacy.

Mirziyoyev also advocated for continued engagement with Afghanistan, stressing that “stability and economic development in Afghanistan are key factors for long-term progress in the entire region.”

Economic Vision and Sustainability

Turning to economic progress, Mirziyoyev highlighted that Uzbekistan’s GDP has doubled over the past eight years and is on track to reach $200 billion by 2030. In 2023 alone, Uzbekistan attracted $35 billion in investment and exported goods worth $27 billion.

He pointed to major improvements in global rankings: a 48-place rise in the Index of Economic Freedom, a 28-spot climb in Harvard’s Economic Complexity Index, and a recent S&P credit rating upgrade from “stable” to “positive.”

He outlined four strategic priorities for sustainable growth:

1. Green Energy Transition

Uzbekistan has attracted $6 billion in foreign direct investment in renewable energy, with electricity production rising from 59 to 82 billion kilowatt-hours and projected to exceed 120 billion by 2030. Green energy will make up 54% of the total by then.

New measures include privatizing power grids, issuing green certificates and carbon credits, and joining international carbon markets. A new climate investment platform, “Green Uzbekistan”, will be launched this year.

2. Digital Transformation and Artificial Intelligence

Mirziyoyev said IT exports are expected to reach $1 billion in 2025, with plans to increase fivefold by 2030. Uzbekistan has climbed 17 spots in the International AI Readiness Index and is developing a national AI model reflecting its cultural identity.

Infrastructure plans include 20 new data centers and a national cloud platform, alongside the “One Million AI Leaders” initiative to build future digital skills.

3. Financial Sector Modernization

Uzbekistan is reforming its banking, insurance, and fintech sectors with support from the IMF and World Bank. A Financial Stability Council will be created, alongside platforms for digital reinsurance and venture capital.

A draft law on alternative investment funds is in progress, aiming to attract $1 billion over five years. Two local startups surpassed $1 billion in valuation last year.

4. “Metals of the Future”

With subsoil assets valued at $3 trillion, Uzbekistan is prioritizing the development of critical minerals such as lithium, titanium, and graphite. Technoparks in Tashkent and Samarkand will focus on processing these resources. Foreign investors establishing full production cycles will receive 10-year rent tax exemptions.

Investment and Infrastructure Expansion

Mirziyoyev reaffirmed Uzbekistan’s intention to join the World Trade Organization in 2025. A “national regime” will soon guarantee foreign investors equal treatment, supported by a new “one-stop shop” and stronger safeguards against inspections.

Privatization efforts include the creation of a National Investment Fund to manage $2 billion in state assets across 18 companies. International consultants are assisting with the privatization of 29 additional state firms.

Transport infrastructure is expanding, with several international airports transferred to private operators, including South Korea’s Incheon International Airport managing Urgench Airport. Additional tenders are planned for 2026.

He also unveiled plans for “New Tashkent,” a satellite city designed for 2 million residents, complete with a transport hub and business centers. “We invite all international partners to join this major project,” he said.

Regional Cooperation and a Shared Future

Mirziyoyev concluded by noting that trade with neighboring countries has grown 3.5 times in eight years, reaching nearly $13 billion. He proposed the development of a “Concept of an Integrated Region for Investment and Trade” in Central Asia.

“To our international partners, I say: it is time to create new financial tools to support regional projects,” he urged. “Together, we can turn Central Asia into a region of peace and prosperity.”

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Sierra Leone Is Battling an Mpox Outbreak. What Happens Next Affects Us All

Sierra Leone Is Battling an Mpox Outbreak. What Happens Next Affects Us All

A dangerous mpox outbreak is unfolding in Sierra Leone. In just the first week of May, cases rose by 61%, and suspected cases surged by 71%. Roughly half of all confirmed mpox cases in Africa now come from this small West African nation. The virus is moving widely, across geographies, genders, and age groups. 

And the virus is changing.

[time-brightcove not-tgx=”true”]

Genomic analysis has revealed a fast-moving new variant of mpox—called G.1—that likely emerged in late November. At first it circulated silently but has since taken hold and quickly began sustained human-to-human transmission. Cases have been doubling every two weeks. Estimates suggest more than 11,000 people in Sierra Leone may already be infected. 

This is how outbreaks become epidemics, and mpox, as a pandemic, could be brutal.

Mpox (formerly known as monkeypox) belongs to the same viral family as smallpox. It causes a disease that can be painful, disfiguring, and debilitating, particularly in children. In Sierra Leone, nearly all patients present with severe rashes, and about a quarter have required hospitalization; in some, the disease has progressed to necrotizing lesions. It’s no longer rare, no longer contained to the LGBTQ community, and it has already reached more than 100 countries.

Read More: Tedros Adhanom Ghebreyesus: Global-health architect

Sierra Leone has been here before, at the epicenter of a disease outbreak while the world looked away. In 2014, Ebola swept through the West African region. A single mutation supercharged its spread just as it reached Sierra Leone. Tens of thousands died. Health systems collapsed. The global cost soared into the billions. The lesson? Delay is deadly.

As infectious disease researchers, we’ve lived that lesson. For two decades, we’ve worked alongside colleagues across Africa and around the world to build faster, smarter ways to detect and respond to outbreaks. We were on the ground during Ebola, Zika, the COVID-19 pandemic, and recently Marburg—plus, many outbreaks that never made the news because they were stopped in time. Together, we’ve built technologies that track viruses in real time and trained thousands of frontline workers to use them. What once took months, we can now do in days. And now, in Sierra Leone, we are putting that progress to the test.

This time, Sierra Leone isn’t waiting for others to step in to do testing and sequencing—it’s leading.

Within days of the outbreak’s escalation, local public-health teams and scientists under the leadership of Sierra Leone’s National Public Health Agency—working with international partners including ourselves—expanded testing, began sequencing the virus, analyzed its evolution, and shared data in real-time. They also launched robust social mobilization and contact tracing that are helping to slow the spread. 

To stay ahead of the virus, teams in Sierra Leone are using powerful new tools. One is Lookout, our real-time national platform that fuses genomic, diagnostic, clinical, and epidemiological data into a single cloud-based system. As more data come in, Lookout gives health officials a live, evolving map of the outbreak, showing where it’s spreading, how it’s changing, and where to act next.

Lookout

Lookout is just one example of the infrastructure that teams in the U.S. and Africa have co-created through decades of collaboration. It belongs to a broader system called Sentinel, an outbreak detection and response network we co-lead, launched with support from the Audacious Project, a collaborative funding initiative housed at TED. Sentinel is just one part of a larger movement: scientists, engineers, public health leaders, industry partners, and frontline workers working together to build faster, smarter systems to stop outbreaks before they explode.

But even the best systems can’t run without support.

Earlier this year, the U.S. canceled all funding to Sierra Leone and halted a $120 million initiative by the U.S. Centers for Disease Control and Prevention (CDC) aimed at strengthening epidemic preparedness in the country. The Africa CDC, U.S. CDC, World Health Organization (WHO) and other organizations continue to offer vital support, but with far fewer resources than before. Philanthropic and industry partners, including the ELMA Relief Foundation, Danaher, and Illumina, have admirably stepped in, but they cannot fill the gap alone. 

Today, local teams are doing so much right—with nearly everything stacked against them. The warning signs are flashing. But their resources are running out.

Read More: ‘This is About Children’s Lives’: Gavi’s CEO Makes the Case for Funding the Global Vaccine Alliance

It’s tempting to believe this isn’t our problem. But thanks to collaborative sequencing efforts, we know the G.1 variant spreading in Sierra Leone has already been detected in at least five patients across multiple U.S. states—Massachusetts, Illinois, and California—and in Europe. It may seem distant—like COVID-19 did at first—but it’s not.

Yes, vaccines exist, and they are expected to be effective against this new variant. But supply is limited, distribution is deeply inequitable, and the vaccines themselves present challenges—from limited clinical data and uncertain duration of protection to storage requirements—that make large-scale campaigns far from straightforward. West Africa has received only a fraction of the doses it needs. Without both vaccine access and real-time tracking, we’re flying blind. Surveillance isn’t a luxury. It’s our first and best line of defense.

Sierra Leone is showing the world what preparedness looks like. But it shouldn’t have to stand alone. We can wait—again—until the virus spreads further. Or we can act now, support the leaders in Sierra Leone already responding, and get them the resources they need—like diagnostics, clinical support, vaccines, sequencing reagents, and frontline outbreak response—to save lives and cut this outbreak short.

We’ve seen how the story of viral outbreaks can unfold. This time, with the present mpox epidemic in Sierra Leone, we still have a chance to change the ending.

Disclosure: TIME’s owners and co-chairs Marc and Lynne Benioff are philanthropic supporters of Sentinel.

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