Kazakhstan, Uzbekistan sign protocol on expanding mutual co-op

The protocol was signed following a meeting between the Minister of Trade and Integration of Kazakhstan Arman Shakkaliev and the Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov.

At the same time, during the meeting, the parties discussed the stages of implementation of agreements within the framework of the Roadmaps signed following the visit of Kazakh president to Uzbekistan in December 2022, including increasing trade turnover between the two countries to $10 billion.

The parties also touched upon the holding of the IV Forum of Interregional Cooperation between Kazakhstan and Uzbekistan in Samarkand.

Meanwhile, within the framework of the 20th meeting of the joint intergovernmental commission on bilateral cooperation between Kazakhstan and Uzbekistan in May 2023, the Minister of Trade and Integration of Kazakhstan organized a trade mission of Kazakh commodity producers and service providers in Tashkent.

Following the trade mission, export contracts were signed for the supply of construction materials, confectionery, IT services, and dairy products to Uzbekistan worth more than $44.1 million.

Kazakhstan entered the top three among the main trading partners of Uzbekistan based on the results of the first 11 months of 2023. The trade turnover between the countries amounted to $4.1 billion from January through November 2023.