BAKU, Azerbaijan, June 8. Uzbekistan and India
deepen cooperation in mining, energy, and industrial development on
the sidelines of the 4th Meeting of Shanghai Cooperation
Organization (SCO) Ministers of Industry in Bishkek, Trend reports via the Uzbek
Ministry of Investment, Industry and Trade.
Uzbekistan’s Minister of Investment, Industry and Trade, Laziz
Kudratov, met with India’s Minister of Heavy Industries, H.D.
Kumaraswamy, and discussed opportunities for expanding bilateral
economic cooperation.
The discussions focused on collaboration in geology, mining,
critical minerals extraction, coal gasification, nuclear energy,
and industrial production. Particular attention was given to
attracting leading Indian companies to participate in the
development of Uzbekistan’s mineral deposits and to invest in metal
processing projects.
The talks came amid growing economic engagement between the two
countries. Bilateral trade reached $406 million during the first
four months of 2026, while Indian investments in Uzbekistan totaled
approximately $300 million in the first quarter of the year,
according to official figures. As of 2026, 397 enterprises with
Indian participation are operating in Uzbekistan.
The ministers also reviewed preparations for the 14th session of
the Uzbekistan-India Intergovernmental Commission, which is
scheduled to take place on June 18 during the 5th Tashkent
International Investment Forum.
At the conclusion of the meeting, the two sides agreed to
accelerate the implementation of joint projects and continue
expanding trade and economic ties.
