TASHKENT, Uzbekistan, April 30. A total of 37
joint ventures with Czech capital are currently operating in
Uzbekistan, Trend
reports via the press service of the Uzbek president.
The figure was announced during a meeting between the President
of Uzbekistan, Shavkat Mirziyoyev, and the Prime Minister of the
Czech Republic, Andrej Babiš, held in Tashkent.
During the talks, the sides welcomed the intention of the Czech
Export Credit Insurance Agency and the Export Bank of the Czech
Republic to support the implementation of projects in Uzbekistan,
indicating strengthened financial backing for bilateral
initiatives.
To further advance the economic agenda, the parties proposed the
establishment of a joint Business Council and the holding of the
next session of the Intergovernmental Commission in Tashkent this
August.
The discussions also addressed prospects for cooperation in
organized labor migration, as well as an exchange of views on
regional and international issues.
The meeting concluded with an agreement to develop a joint
roadmap to ensure the timely implementation of all decisions
reached.
Meanwhile, Uzbekistan and the Czech Republic have set a target
of increasing bilateral trade to $1 billion, including through the
expansion of the range of traded goods.
Bilateral trade totaled $190.4 million by the end of 2025,
compared to $434.7 million in 2024, reflecting the completion of
large-scale deliveries of Czech machinery and transport equipment.
Despite the decline, trade volumes remain nearly three times higher
than in 2018, indicating sustained long-term growth. In
January-February 2026, turnover increased by a further 5.3%.
