On 19 August, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Rashad Mammadov, Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Uzbekistan.

 

🟠The parties reviewed the dynamics of bilateral trade and investment cooperation. In 2025, bilateral trade reached USD 307.3 million (+14.6%), while in January–June 2026 it amounted to USD 170.3 million (+30.8%).

 

🟠Particular attention was paid to the preparation of bilateral documents aimed at further expanding trade and investment cooperation, including a Roadmap for the implementation of the agreements reached and a Programme to increase bilateral trade to USD 1 billion by 2030.

 

🟠The parties also discussed organizational matters related to the 4th Uzbekistan–Azerbaijan Interregional Forum, which will take place in Tashkent on 22 August and serve as a platform for expanding direct contacts between the regions and businesses of the two countries.

 

🟠Following the meeting, further steps were identified to increase bilateral trade, advance investment projects and strengthen interregional ties.