Relations between Kazakhstan and Uzbekistan, the largest economies of Central Asia, are expected to receive another boost. President of Uzbekistan Shavkat Mirziyoyev will travel to Kazakhstan on Aug. 7 for an official visit.
According to Mirziyoyev’s press office, the visit will include negotiations with President Kassym-Jomart Tokayev and the first meeting of the Supreme Interstate Council. The discussions will focus on the current issues pertaining to the partnership, including expanding cooperation in trade, industry, transportation and logistics, energy, agriculture, and water management.
A solid package of documents aimed at strengthening bilateral relations is expected to be adopted.
FREQUENT HIGH-LEVEL CONTACTS
The partnership between the two neighbors has intensified over the past years, with frequent high-level visits.
$10 billion in trade in the coming years
According to the Kazakh government data, Kazakhstan and Uzbekistan account for 57% of all trade in Central Asia.
The Bureau of National Statistics indicated that last year’s trade turnover between the countries reached $4.4 billion, with exports equaling $3.1 billion and imports – $1.3 billion.
Trade was slightly higher at $4.9 billion in 2022. With some fluctuations, trade is growing. In the first five months of 2024, the volume exceeded $1.5 billion.
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