BAKU, Azerbaijan, October 2. Trade turnover
between Uzbekistan and Belarus reached $731.3 million in the period
from January through August 2026, the Chamber of Commerce and
Industry of Uzbekistan announced on October 2.
This was reflected in the statement by the Chamber of Commerce
and Industry of Uzbekistan, following the meeting of the heads of
chambers of commerce and industry of the CIS countries held in
Minsk today.
According to the information, the meeting was held on the
sidelines of the second international industrial exhibition
INNOPROM. Belarus brought together Uzbekistan Chamber of Commerce
and Industry Chairman Davron Vakhabov, along with heads and
representatives of chambers from CIS countries.
The participants discussed expanding trade and economic
relations, increasing industrial cooperation, developing joint
projects and strengthening direct business ties between
entrepreneurs.
Uzbekistan and Belarus have been expanding cooperation across
several sectors, with Uzbek-capital projects in Belarus covering
livestock, electrical engineering, mechanical engineering, light
industry, construction materials, furniture and
pharmaceuticals.
In the livestock sector, 39 projects are planned to produce
56,900 head of cattle, with a combined investment value of $107.2
million, according to the Uzbekistan Chamber of Commerce and
Industry.
Bilateral trade turnover stood at $965 million in 2025 and
reached $731.3 million in the period from January through August
2026, indicating continued expansion in economic ties between the
two countries.
"️Davron Vakhabov stressed at the meeting the importance of
enriching cooperation between chambers with practical projects,
expanding opportunities for entrepreneurs to enter new markets and
developing industrial cooperation," the statement said.
Additionally, the meeting addressed greater participation by
businesses in international exhibitions and business events,
experience sharing, and the development of direct contacts between
business representatives from CIS countries.
The participants agreed to continue cooperation on expanding
joint business and exhibition events, promoting industrial
cooperation and advancing new investment projects.