First meeting of Kazakhstan-Uzbekistan Inter-Parliamentary Cooperation Council

First meeting of Kazakhstan-Uzbekistan Inter-Parliamentary Cooperation Council

Kazakhstan and Uzbekistan discussed the establishment of the International Water and Energy Consortium. The inaugural meeting of the Inter-Parliamentary Cooperation Council between the two countries was held in Tashkent. During the meeting, the parties discussed the coordination procedures for the Agreement on the joint management and use of transboundary rivers. Parliament members also touched upon matters related to their bilateral partnership in the field of trade and investment. Among the promising joint projects, they highlighted the construction of the Central Asia International Center for Industrial Cooperation. Yerlan Koshanov, Chairperson of the Mazhilis, the Lower House of the Kazakh Parliament,  emphasized the importance of establishing the Inter-Parliamentary Cooperation Council, noting the advanced format of such interaction.

“The Presidents of our countries have developed trusting and friendly relations, which have a positive impact on the full range of bilateral interactions. The signing of the Declaration on Allied Relations and the Treaty on Allied Relations marked pivotal moments in strengthening the Kazakh-Uzbek friendship. The heads of state entrusted the Inter-Parliamentary Cooperation Council with parliamentary control over the timely and proper implementation of all agreements at the highest level,” said Koshanov.

It is worth noting that Uzbekistan is Kazakhstan's largest economic partner in Central Asia and accounts for over 60 percent of Kazakhstan’s total trade turnover with Central Asian states. Last year, trade between the two countries reached a record $5 billion. Now, the governments of the two states aim to elevate this figure to $10 billion.