Uzbekistan and Belarus target $2 billion bilateral trade by 2030

The discussions focused on expanding trade, industrial cooperation, transport, logistics, interregional connections, light industry, and furniture manufacturing. At the conclusion of the session, officials signed the formal protocol of the commission's 12th meeting to solidify these agreements.

Economic ties between the two countries have shown strong momentum recently. In 2025, mutual trade volume surged by 25%, approaching the $1 billion threshold. This upward trajectory has continued into the current year, with trade turnover growing by nearly 50% in January–March to reach $259.7 million.
To maintain this growth, both nations expressed strong support for expanding the variety of mutual supplies, intensifying industrial cooperation, and promoting joint production facilities focused on high-value-added goods. The priority areas for collaboration include electrical engineering, pharmaceuticals, the chemical industry, agricultural machinery, construction materials, textiles, and ready-made clothing.
A significant portion of the meeting was dedicated to preparing a broader roadmap for cooperation covering 2026–2030, alongside the specific program to double mutual trade over the next four years.
Industrial partnerships remain a vital driver of this bilateral relationship. Currently, there are 245 enterprises operating in Uzbekistan with Belarusian capital, while 110 companies with Uzbek investment have been established in Belarus. The total portfolio of these joint business projects is valued at $341 million.
Transport and logistics infrastructure also featured prominently on the agenda. By the end of 2025, cargo transportation between the two nations increased by 6%, surpassing 796,600 tons. Representatives from both countries confirmed their shared interest in strengthening sustainable transport corridors and further developing international road freight infrastructure.
As part of the expanding trade dynamic, the Belarusian government confirmed its commitment to ensuring steady deliveries to the Uzbek market. These shipments will include sought-after, high-quality meat and dairy products, other foodstuffs, woodworking and petrochemical materials, pharmaceuticals, medical supplies, agricultural machinery, and household appliances.