Macroregional Context

PARTNER'S ADVERTISINGspot_img

LATEST MARKET STUDY

spot_img

Agreements worth $1.6 billion signed at Uzbek-Kyrgyz business forum

A business forum with the participation of more than 350 representatives of business circles and officials was held on January 25, on the eve of the state visit of the President of Uzbekistan Shavkat Mirziyoyev to Kyrgyzstan.

Over 50 agreements worth $1.6 billion were signed at this Uzbek-Kyrgyz business forum in Bishkek, also covering industries such as textiles and building materials.

Over the past five years, trade between the two countries has increased sevenfold, to $1.2 billion in 2022. At the same time, the economies of Uzbekistan and Kyrgyzstan have sufficient potential to overcome the $2 billion mark in the near future.

Related Articles

Saudi Arabia and other international partners expand infrastructure and energy projects in Karakalpakstan Uzbekistan

Karakalpakstan in northwestern Uzbekistan is rapidly turning into one of Central Asia’s most dynamic investment stories, as a new wave of international projects reshapes...

South Korea advances industrial partnership with Uzbekistan through new alliance initiative

South Korea and Uzbekistan are pushing their economic partnership into a new industrial phase, using a high-profile business forum in Tashkent to lay the...

Germany strengthens tax cooperation and investment conditions in Uzbekistan

Uzbekistan is tightening its dialogue with German business as the country retools its tax administration and digital systems, positioning itself as a more predictable...