During the state visit of Uzbekistan’s President Shavkat Mirziyoyev to Kazakhstan, agreements were signed to implement investment projects and trade contracts totaling $7 billion.
At the bilateral meeting held during the “Kazakhstan-Uzbekistan” business forum, Deputy Prime Ministers Serik Zhumangarin and Jamshid Khodjaev agreed on the joint implementation of 34 investment projects worth $4.4 billion and seven trade contracts valued at $2.6 billion. The collaboration spans sectors such as energy, logistics, construction, textiles, and more.
During the presidential talks, it was noted that bilateral trade has doubled in recent years, and the number of joint ventures has increased fivefold. The governments were tasked with finalizing a program by September to boost trade turnover to $10 billion.
