BAKU, Azerbaijan, July 17. Azerbaijan and
Uzbekistan have signed a set of documents on the expansion of
economic cooperation at the 15th Meeting of the
Azerbaijan–Uzbekistan Joint Intergovernmental Commission on
Cooperation.


This was announced by Azerbaijan's Minister of Economy, Mikayil
Jabbarov, in a post on the social media platform X.


"During our working visit to Uzbekistan, together with Laziz
Kudratov, Minister of Investment, Industry and Trade of Uzbekistan,
we participated in the 15th Meeting of the Azerbaijan–Uzbekistan
Joint Intergovernmental Commission on Cooperation.







Guided by the priorities set by our Heads of State, we exchanged
views on further deepening our economic partnership, developing new
production and value chains between Central Asia and the South
Caucasus, strengthening transport and logistics connectivity within
the framework of the Middle Corridor, and expanding investment
cooperation. Following the meeting, a Protocol was signed to
further strengthen cooperation in priority areas, including
economic and trade relations, energy, transport, agriculture, food
security, healthcare, environmental protection, and other sectors.
In addition, Heads of Terms were signed for the establishment of a
trilateral joint venture involving AzerGold CJSC,
Uzbekgeologorazvedka JSC, and the Azerbaijan–Uzbekistan Investment
Company to carry out geological exploration activities," the post
reads.


Meanwhile, Azerbaijan and Uzbekistan are rapidly expanding their
bilateral trade and strategic economic partnership, with recent
trade turnover increasing by 40% and a shared goal of reaching $1
billion in mutual trade. Bilateral trade continues to grow as both
countries diversify exports and deepen cooperation in industry,
agriculture, transport, and logistics. Investment partnership has
also gained momentum through joint projects and the
Azerbaijan-Uzbekistan Investment Company, which supports
initiatives across multiple sectors. Transport connectivity,
particularly through the Middle Corridor, has become a key driver
of trade and regional integration, improving access to European and
Asian markets.