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Interregional сo-op should drive Uzbekistan-Azerbaijan economic partnership - minister

Interregional сo-op should drive Uzbekistan-Azerbaijan economic partnership - minister

trend.az 22.08.2026 12:31 10 views

Interregional cooperation should become one of the key drivers of the economic partnership between Uzbekistan and Azerbaijan, Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov said at the fourth Uzbekistan-Azerbaijan Regional Forum in Tashkent, Trend's special correspondent reports. According to Kudratov, bilateral trade has increased 26-fold over the past 10 years. In the first half of this year, trade between the two countries grew by a further 30%.

The minister noted that nearly 260 enterprises with Azerbaijani capital are currently operating in Uzbekistan, while more than 130 enterprises with Uzbek capital operate in Azerbaijan. According to Kudratov, the two countries have built a portfolio of investment projects and trade contracts worth around $10 billion. Regions are where enterprises, investment sites, human resources and opportunities for new projects are concentrated,” Kudratov said.

Source: https://www.trend.az/business/4217180.html © 2026 Trend News Agency.

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