TASHKENT, Uzbekistan, May 14. Uzbekistan and
India have reaffirmed their strong mutual interest in supporting
and expanding investment projects between the two countries,
Trend reports via the
Uzbek MFA.
This position was reiterated during the 17th round of political
consultations between the foreign ministries of Uzbekistan and
India, held in Delhi.
Both parties emphasized the central role of mutually beneficial
investment initiatives as a key driver of bilateral economic
cooperation.
Uzbekistan and India are steadily deepening their investment
cooperation. Current trade turnover is estimated at approximately
$1 billion, officials from both countries have repeatedly
highlighted the considerable untapped potential for expanding
mutual investments and joint projects.
Indian companies are already actively engaged in Uzbekistan
across sectors such as pharmaceuticals, information technology,
healthcare, agriculture, and industry. Concurrently, Uzbekistan
continues to promote foreign investment through incentives offered
in special economic zones and the IT Park. Recent efforts have
increasingly targeted high-value-added areas, including digital
technologies, pharmaceutical supply chains, and industrial
collaboration, reflecting a strategic shift from purely
trade-focused relations toward deeper investment and joint venture
partnerships.
