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    Uzbekistan

    Uzbekistan, Azerbaijan target $1bn trade by 2030 as leaders seal broad cooperation agreements in Baku

    Uzbekistan, Azerbaijan target $1bn trade by 2030 as leaders seal broad cooperation agreements in Baku

    Uzbekistan and Azerbaijan have set a target to increase bilateral trade to $1bn by 2030, as Presidents Shavkat Mirziyoyev and Ilham Aliyev concluded high-level talks in Baku with the signing of a wide-ranging package of cooperation agreements across economic, educational, environmental, and regional sectors.

    Source: Daryo
    Source: Daryo

     

    The agreement on trade development was one of several key documents adopted following the second meeting of the Supreme Interstate Council, co-chaired by both leaders. The plan outlines practical steps to scale up commercial exchanges, facilitate investment, and foster industrial collaboration over the coming years.

    In total, a dozen strategic documents were signed in the presence of the presidents, including:

    • A Roadmap for implementing the Treaty on Allied Relations (2025–2029);
    • Intergovernmental accords on environmental protection, science and higher education;
    • A 2025–2026 Industrial Cooperation Program;
    Source: Daryo
    Source: Daryo

     

    • An action plan for cooperation in agriculture and food security (2025–2027);
    • A social protection cooperation roadmap for the same period;
    • A protocol on collaboration in shipping and shipbuilding;
    • Agreements establishing fraternal ties between Uzbek and Azerbaijani regions: Tashkent region with Sumgait, and Navoi with Gabala.
    Source: Daryo
    Source: Daryo

     

    Shared Vision and Strategic Alignment

    At a joint press conference, President Mirziyoyev praised Azerbaijan’s recent achievements and the deepening partnership between the two countries.

    “You have fulfilled the age-old dream of your father and every Azerbaijani – you have restored the territorial integrity of the country,” Mirziyoyev said, commending President Aliyev’s leadership in rebuilding infrastructure and modernizing the reclaimed territories.
    Source: Daryo
    Source: Daryo

     

    The Uzbek leader highlighted the historical and cultural bonds between the two nations and noted that their shared vision and strategic interests make Azerbaijan a “reliable ally and strategic partner.”

    The summit also marked the culmination of several preceding events, including the First Inter Parliamentary Forum, meetings of intergovernmental commissions, forums of regional leaders and university rectors, and cultural exchanges—all contributing to the groundwork for the new cooperation deals.

    Source: Daryo
    Source: Daryo

     

    Logistics, Green Energy, and New Initiatives

    Transport and connectivity featured prominently in the talks. Both leaders emphasized the growing role of the Middle Corridor—a vital transit route linking Central Asia with Europe. Since the launch of electronic permits in spring, the volume of Uzbek cargo transported via this corridor has increased by 25%, now exceeding 1mn tons annually.

    Discussions also focused on a joint project to export “green” energy to Europe, highlighting both nations’ shared interest in renewable energy development and regional sustainability.

    To further institutionalize economic cooperation, the leaders agreed to establish a Council of Entrepreneurs and launch a Forum of Industrial and Economic Zones, aimed at deepening private sector engagement.

    Source: Daryo
    Source: Daryo

     

    Celebrating 30 Years of Diplomatic Ties

    The summit coincides with the 30th anniversary of diplomatic relations between Uzbekistan and Azerbaijan. As part of commemorative efforts, both sides agreed to organize joint cultural events, youth forums, and concerts throughout the year.

    In a symbolic gesture of growing friendship, construction began on the “Uzbekistan” park in Baku, and Uzbekistan’s new embassy building in Azerbaijan was officially opened. Preparations are also underway in Uzbekistan to launch an “Azerbaijan” park and the Sea Breeze tourism complex.

    In closing, President Mirziyoyev expressed his appreciation to his Azerbaijani counterpart for continued support of bilateral projects and voiced confidence that the outcomes of this state visit would further solidify allied ties.

     

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    3 July, 09:08   Comments (0)   156
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    #Uzbekistan#Azerbaijan#trade#cooperation

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