A significant business forum brought together entrepreneurs and trade organization leaders from Fergana region and Belarus’s Gomel region, marking another step in intensifying economic cooperation between the two countries. The gathering produced tangible outcomes — a 2026-2027 roadmap and bilateral cooperation agreements that are expected to unlock new joint venture opportunities and expand mutual trade flows.
Trade momentum building steadily
The numbers tell a story of growing commercial engagement. Trade between Fergana region and Belarusian regions reached 42 million dollars in 2025, establishing a meaningful foundation for further expansion. What’s particularly noteworthy is that 12 joint enterprises already operate in the area, reflecting serious investor confidence and operational stability despite broader regional dynamics.
The business community’s presence was substantial. Prominent entrepreneurs, heads of chambers of commerce, and industry leaders from both nations attended, signaling genuine commitment to translating diplomatic relations into concrete commercial reality. This private sector engagement is crucial — it moves beyond ceremonial gestures into the realm of actual deal-making, supported institutionally by organizations such as the Belarusian Chamber of Commerce and Industry.
Strategic framework for cooperation
During the forum, presentations showcased the industrial capacity, investment appeal, and tourism potential of both regions. Fergana’s investment and export capabilities were highlighted alongside major project proposals from Gomel-based companies. This bilateral platform created space for B2B meetings, which yielded specific investment and cooperation agreements — the kind of concrete outcomes that transform forums from talking shops into engines of business activity. Official data on investment promotion and regional development can be found via the https://gov.uz/en.
The adoption of a roadmap for 2026–2027 and cooperation agreements between regional chambers of commerce establishes institutional mechanisms for sustained engagement. These instruments are designed to facilitate direct business contacts and serve as scaffolding for new cooperative ventures and expanded mutual trade, in line with broader Belarus–Uzbekistan trade cooperation frameworks.
Regional context
During the forum, presentations showcased the industrial capacity, investment appeal, and tourism potential of both regions. Fergana’s investment and export capabilities were highlighted alongside major project proposals from Gomel-based companies. This bilateral platform created space for B2B meetings, which yielded specific investment and cooperation agreements — the kind of concrete outcomes that transform forums from talking shops into engines of business activity. Official data on investment promotion and regional development can be found via the https://gov.uz/en.
The adoption of a roadmap for 2026–2027 and cooperation agreements between regional chambers of commerce establishes institutional mechanisms for sustained engagement. These instruments are designed to facilitate direct business contacts and serve as scaffolding for new cooperative ventures and expanded mutual trade, in line with broader Belarus–Uzbekistan trade cooperation frameworks.
Why this matters for international business
For companies in manufacturing, construction, interior design, or trade sectors, the Fergana-Belarus corridor represents an under-tapped market with growing institutional support and documented investor appetite. The existence of 12 operational joint ventures provides proof of concept for new entrants. A 42-million-dollar annual trade volume, while substantial, also signals room for expansion — particularly for companies with products or services aligned with Central Asian industrial development and construction needs. The formal roadmap and chamber-to-chamber agreements mean that business development efforts now have structured pathways and reduced uncertainty. The next phase of trade expansion is being actively positioned; the question is who will capture the emerging opportunities.
