Uzbekistan and Kazakhstan Strengthen Trade and Investment Ties
Uzbekistan and Kazakhstan Strengthen Trade and Investment Ties
Tashkent, Uzbekistan (UzDaily.com) — Jamshid Khodjaev, Deputy Prime Minister of Uzbekistan, held a videoconference with Serik Zhumangarin, Deputy Prime Minister of Kazakhstan, focused on key aspects of bilateral trade, economic, and investment cooperation.
Currently, the joint investment portfolio between the two countries includes 52 projects totaling US$3.8 billion, while bilateral trade reached nearly US$5 billion by the end of 2025.
During the discussions, particular attention was paid to the development of new investment initiatives, deepening industrial cooperation, implementing infrastructure projects, and expanding practical partnership.
A central topic was the removal of remaining trade barriers and the introduction of practical measures to facilitate mutual supplies. Specifically, the discussion covered existing restrictions, expansion of mutual recognition of conformity assessment results, changes in the status of certain border checkpoints, and advancement of mechanisms for recognizing electronic phytosanitary certificates.
At the conclusion of the meeting, both sides agreed on a clear roadmap for next steps and reaffirmed their commitment to practical outcomes, providing additional momentum for strengthening Uzbekistan-Kazakhstan trade, economic, and investment cooperation.