The 8th Meeting of the Intergovernmental Commission on Trade and Economic Cooperation between Uzbekistan and Türkiye was held in Tashkent on May 15. As part of the event, the Uzbekistan–Türkiye Business Forum and an industrial exhibition were also organized with the participation of business communities from both countries. The meeting was attended by official delegations led by Deputy Prime Minister – Minister of Economy and Finance of Uzbekistan Jamshid Kuchkarov and Vice President of Türkiye Cevdet Yılmaz.
Currently, more than 2,000 Turkish companies operate in Uzbekistan, which reflects the steady development of bilateral economic cooperation.
The Commission meeting included an in-depth analysis of the current state of bilateral trade and economic relations. Concrete measures were outlined to further expand trade volume, increase investment activity, and deepen intersectoral integration between the two countries.
During the discussions, an agreement was reached to strengthen cooperation in the following priority areas:
· Industrial cooperation (including leather and footwear, jewelry, construction materials, furniture, glass products, and pharmaceuticals);
· Experience-sharing in public procurement and urban development policy;
· Vocational education and workforce training;
· Development of small and medium-sized enterprises (SMEs);
· Promotion of joint projects focused on the “green economy” and sustainable development;
· Implementation of strategic initiatives through public-private partnership (PPP) mechanisms.
In 2024, trade between Uzbekistan and Türkiye reached USD 2.9 billion. During the meeting, concrete plans and roadmaps were developed to raise this figure to USD 5 billion in the coming years. Important agreements were reached on simplifying export-import operations, harmonizing customs procedures, and creating a more favorable business environment.
