Russia and Uzbekistan Strengthen Industrial Cooperation as Trade Nears $7.5 Billion
Economy
The 13th joint meeting of the Russian-Uzbek and Uzbek-Russian Business Councils is taking place in Fergana as part of the third meeting of the Council of Regions of Russia and Uzbekistan. The discussions focus on industrial cooperation, investment projects and stronger ties between the regions.
Russian Deputy Minister of Industry and Trade Alexey Gruzdev said bilateral trade between Russia and Uzbekistan increased by nearly 20% in the first seven months of 2026, approaching $7.5 billion. According to him, the two countries are moving from traditional exports and imports toward full-scale industrial cooperation.
More than 3,000 enterprises with Russian participation operate in Uzbekistan. Industrial infrastructure is also expanding: following projects in Chirchiq and Jizzakh, as well as a joint industrial zone in Navoi, the next project is expected to be the Bekabad industrial park in Tashkent region.
Gruzdev stressed the need to jointly develop mechanisms to strengthen the partnership and expand technological cooperation. “We are ready to share our developments with close friends and partners,” he said.
Ilkhomjon Pardaev, Deputy Director of Uzbekistan’s Agency for Industrial Cooperation, said bilateral trade with Russia reached about $13 billion in 2025. “Our key task is to master the production of new products, develop national suppliers, expand production links and create sustainable industrial chains, including with foreign partners,” he said.
Five documents were signed during the third meeting of the Council of Regions. Krasnoyarsk Krai established ties with Surkhandarya, Fergana and Namangan regions. Fergana Region and Dagestan signed a memorandum of understanding, while Sokh District of Fergana Region and Omsk Region signed a cooperation document in agriculture.
Krasnoyarsk Krai also proposed joint industrial projects in construction, transport engineering and mining, while Tomsk Region expressed interest in further developing technological cooperation.
More than 3,000 enterprises with Russian participation operate in Uzbekistan. Industrial infrastructure is also expanding: following projects in Chirchiq and Jizzakh, as well as a joint industrial zone in Navoi, the next project is expected to be the Bekabad industrial park in Tashkent region.
Gruzdev stressed the need to jointly develop mechanisms to strengthen the partnership and expand technological cooperation. “We are ready to share our developments with close friends and partners,” he said.
Ilkhomjon Pardaev, Deputy Director of Uzbekistan’s Agency for Industrial Cooperation, said bilateral trade with Russia reached about $13 billion in 2025. “Our key task is to master the production of new products, develop national suppliers, expand production links and create sustainable industrial chains, including with foreign partners,” he said.
Five documents were signed during the third meeting of the Council of Regions. Krasnoyarsk Krai established ties with Surkhandarya, Fergana and Namangan regions. Fergana Region and Dagestan signed a memorandum of understanding, while Sokh District of Fergana Region and Omsk Region signed a cooperation document in agriculture.
Krasnoyarsk Krai also proposed joint industrial projects in construction, transport engineering and mining, while Tomsk Region expressed interest in further developing technological cooperation.
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