BAKU, Azerbaijan, June 8. Uzbek and Iranian
officials discussed ways to strengthen economic ties, expand
industrial cooperation, and improve transport connectivity,
Trend reports via the
Uzbek Ministry of
Investment, Industry and Trade.
A meeting between Uzbekistan’s Minister of Investment, Industry
and Trade, Laziz Kudratov, and Iran’s Minister of Industry, Mine
and Trade, Seyed Mohammad Atabak, was held on the sidelines of the
fourth Shanghai Cooperation Organization (SCO) Ministers of
Industry gathering in Bishkek.
According to meeting, the discussions focused on increasing
trade and economic cooperation, deepening industrial integration,
and enhancing transport and logistics links between the two
countries.
One of the key outcomes of the meeting was an agreement to
convene the 17th session of the Uzbek-Iranian Intergovernmental
Commission in the fourth quarter of 2026. The commission serves as
a platform for advancing bilateral economic and investment
cooperation.
The ministers also noted the strong growth in bilateral trade.
Trade turnover between Uzbekistan and Iran increased by 48.1%
during the January–April 2026 period compared with the same period
a year earlier, according to official data.
Investment cooperation was also highlighted as an area of
growing engagement. As of April 1, 2026, Uzbekistan hosted 228
enterprises with Iranian capital, reflecting expanding business
ties between the two countries.
The meeting underscored both governments’ efforts to strengthen
economic relations and identify new opportunities for cooperation
across industry, trade, and infrastructure development.
