On May 15, 2025, the 8th meeting of the Intergovernmental Commission on Economic Cooperation between the Republic of Uzbekistan and the Republic of Turkey was held in Tashkent. The event marked an important step in the development of strategic partnership and the expansion of practical cooperation between the two countries.

The main focus of the meeting was to strengthen trade, economic, and investment ties, define new areas for growth in cooperation, and practically implement previously achieved agreements.

An agreement was reached to gradually increase the bilateral trade volume to 5 billion dollars in the short term and to 10 billion dollars in the medium term. To achieve this, measures were agreed upon to expand the list of goods covered by preferential trade agreements and simplify bilateral technical standards.

At the conclusion of the meeting, a Memorandum of Understanding on the development of trade and economic relations was signed between the ministries of trade of the two countries, along with several other documents in the fields of industry, public procurement, and other key areas of cooperation. “Caspian Energy Media” reports with reference to the Ministry of Investment, Industry, and Trade of Uzbekistan.