On July 23, a significant meeting took place in Tashkent between Uzbekistan’s Minister of Investments, Industry and Trade, Laziz Kudratov, and Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili. The talks marked a renewed ambition to deepen bilateral cooperation across trade, transport connectivity, logistics, investments, and interregional partnership.
Over the past five years, trade turnover between Uzbekistan and Georgia has grown 3.5 times, with an impressive nearly 50% surge recorded in 2024 alone. This dynamic expansion underscores the rising economic engagement between the two countries.
Both parties highlighted a strong interest in expanding industrial cooperation. The meeting also addressed ways to boost transport and logistics infrastructure, which is poised to become a key driver of sustainable economic growth given Georgia’s strategic role as a transit corridor connecting Central Asia and Europe.
To ensure effective implementation of their agreements, Uzbekistan and Georgia established a joint working group comprising experts from both ministries. This group will focus on translating strategic plans into practical initiatives, advancing trade promotion, and fostering investment ties.
Trade and transport collaboration at the core of evolving partnership
Discussions underscored the critical role of transport and logistics enhancements in supporting the expanding trade relationship. Both ministers agreed on increasing the frequency of trade missions and business forums to further connect their commercial sectors. The objective is to strengthen industrial chains and facilitate smoother transit routes, enhancing the export potential of Uzbek products through Georgian ports.
Uzbekistan sees Georgia as a vital partner in the Black Sea region and a pivotal node for widening export routes, particularly benefiting sectors such as textiles and manufacturing. The cooperation aims at not only strengthening existing trade flows but also at building new production and supply networks across Central Asia and the South Caucasus.
Both nations are committed to creating favorable conditions for investments and technological cooperation, advancing digital transformation, and promoting sustainable industrial growth.
Why this matters for international businesses
This enhanced bilateral engagement opens promising avenues for international companies operating in various sectors. The acceleration in trade volumes and industrial cooperation between Uzbekistan and Georgia signals a more integrated regional market with improving transport corridors and logistics frameworks.
