Tashkent: Uzbekistan and Kazakhstan have pledged to elevate their bilateral trade turnover to 10 billion U.S. dollars by the year 2030, as confirmed by the presidents of both nations during a recent meeting.
According to Nam News Network, the agreement was finalized in discussions between Uzbek President Shavkat Mirziyoyev and Kazakh President Kassym-Jomart Tokayev. The Uzbek president’s press service released a statement highlighting the commitment.
Since the start of the year, there has been a 15 percent increase in trade turnover, which has now reached nearly four billion dollars. Efforts are actively being made to expand this volume to the 10 billion dollar target by 2030.
Both countries have reiterated their dedication to enhancing regional cooperation. A significant highlight of the Kazakh president’s visit was the inauguration of the Central Asia International Centre for Industrial Cooperation. This prominent project aims to strengthen cooperative ties and develop modern value-added chains between the two nations.