The University of World Economy and Diplomacy is located in Tashkent, the capital of Uzbekistan. It was founded in September 23, 1992 by the decree of the President Karimov to train future leaders of the country. The University of World Economy and Diplomacy is a public institution which provides education that serves the interests of foreign policy of Uzbekistan and contributes to the development of society and the individual. The University has a strong alumni network.