Uzbekistan and Tajikistan agree to raise trade turnover to $2 billion by 2030

Uzbekistan and Tajikistan discussed measures to increase mutual trade turnover to $2 billion by 2030 and signed a protocol on further steps to strengthen cooperation. The talks were held in Tashkent on November 13.

Deputy Minister of Investment, Industry and Trade of Uzbekistan Khurram Teshabaev met with Deputy Minister of Economic Development and Trade of Tajikistan Rukhshona Nasriddinzoda. The Tajik delegation also included Deputy Minister of Transport Shoista Saidmurodzoda, Deputy Minister of Industry and New Technologies Aziz Nazar and representatives of the relevant agencies.

The participants reviewed the progress of implementing the programme to increase trade turnover between the two countries to $2 billion by 2030, and discussed the removal of trade barriers and the development of the border trade zone "Dzhartepa". They also discussed joint industrial projects and the activities of the Tajik-Uzbek investment company. The textile and metallurgical industries and the production of construction materials were named as promising areas.

Following the talks, the sides signed a protocol recording the agreements reached, the concrete measures and the deadlines for their implementation. The Tajik delegation also inspected production facilities at Uzbek enterprises.