First Kazakhstan-Uzbekistan Expert Council meeting held in Astana

Kazakhstan and Uzbekistan have great potential for strengthening and expanding cooperation, particularly in trade and economic sphere, as well as in the transport and logistics industry. This was discussed at the first meeting of the expert council of the two countries in Astana, ahead of the state visit of President of Uzbekistan Shavkat Mirziyoyev. The parties addressed both new vectors for effective partnership and opportunities for regional integration.

«Kazakhstan and Uzbekistan, as leading economies of Central Asia, have an impact on strengthening economic and trade cooperation within the region. Strengthening their rapprochement will contribute not only to the development of bilateral relations but also to fostering regional development,» said Bauyrzhan Auken, senior expert at the Asian Studies Department of the Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan.

In recent years, trade turnover between the two countries has doubled, reaching  $4.5 billion. In 2023, Kazakhstan exported goods to Uzbekistan worth more than $3 billion, while imports from the neighboring country exceeded $957 million. Notably, these figures are expected to double. To achieve this, experts note that the countries need to develop industrial cooperation and a barrier-free economic environment.

«As part of the Consultative Meeting of the Heads of State of Central Asia, we proposed creating a council on the development of transport communications within the region. I believe it is very important for the entire region and all Central Asian countries to have a common coordinated position on these issues. This will benefit everyone, as having more corridors and  pursuing mutually agreed policies in this area will provide greater opportunities to implement joint trade and economic projects and attract investment,» said Eldor Aripov, Director of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan.