Kazakhstan and Uzbekistan develop 78 joint projects worth USD 1.7 bln
On November 13, the first meeting of the Council of Ministers of Trade and Investment of Central Asian Countries and Azerbaijan took place in Tashkent, Kazinform News Agency cites the Kazakh Ministry of Trade and Integration.
Addressing those gathered, Kazakh Trade and Integration Minister Arman Shakkaliyev emphasized that Kazakhstan and Uzbekistan are key drivers of economic growth in Central Asia, accounting for nearly 80% of all mutual regional trade. Over the first nine months of 2025, bilateral trade between the two countries reached 3.4 billion US dollars, 18% up.
The Minister outlined a strategic task to increase mutual trade between Kazakhstan and Uzbekistan to 10 billion US dollars by shifting from raw material trade to joint manufacturing, industrial cooperation, and export-oriented value chains.
As of today, over 2,400 enterprises with Uzbek capital operate in Kazakhstan, including nearly 500 joint ventures.
The bilateral cooperation portfolio includes 78 projects worth more than 1.7 billion US dollars.
Of these, 13 projects totaling 220.9 million US dollars have already been successfully implemented.
To note, Central Asian countries agree on water inflow to Shardara reservoir.
