Eurasian Star International Affairs Kazakhstan and Uzbekistan seek to increase trade to $10 billion
International Affairs KZ UZB

Kazakhstan and Uzbekistan seek to increase trade to $10 billion

As part of an official visit to Tashkent on March 30, Minister of Foreign Affairs of Kazakhstan Yermek Kosherbayev held talks with Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov to discuss further strengthening of Kazakh-Uzbek political, trade, economic, investment, transit-transport, water-energy, and cultural-humanitarian cooperation.

Special attention was paid to further development of trade, economic and investment cooperation.

“Significant progress has been made in recent years in deepening economic cooperation. Kazakhstan consistently ranks among Uzbekistan’s top three trading partners. In 2025, bilateral trade increased by 16.2 percent and approached $5 billion,” Minister Kosherbayev said. In the context of the implementation of the agreements reached at the highest level, the ministers confirmed their intentions to facilitate further deepening of the economic partnership, including increasing bilateral trade to $10 billion.

The ministers also noted progress in industrial cooperation, which currently includes 78 investment projects worth $1.8 billion.

In this context, the implementation of such projects as the construction of the Central Asia International Center for Industrial Cooperation, hotels Tashkent in Astana and Astana in Tashkent, as well as the Astana district in Yangi Tashkent was also reviewed.

The ministers highlighted the significant potential for cooperation in the development of transport corridors enabling both countries to access markets of the Middle East, South Asia and Europe. The sides expressed mutual readiness to promote fruitful interaction in this area.

In addition, the substantive agenda of cultural and humanitarian cooperation was emphasized as the foundation of strong and long-term relations between the two states.

The ministers also underscored the importance of implementing projects in the educational field, and in particular, the activities of the branch of the Tashkent Institute of Irrigation and Agricultural Mechanization Engineers in Almaty and the Chirchik branch of South Kazakhstan Research University named after Mukhtar Auezov.

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