BAKU, Azerbaijan, July 24. Kazakhstan and
Uzbekistan are currently working on the implementation of 59
promising initiatives worth $1.5 billion, according to the press
service of the Kazakh government.


The issue was discussed during the 23rd meeting of the Joint
Intergovernmental Commission on Bilateral Cooperation chaired by
Prime Minister of Kazakhstan Olzhas Bektenov and Prime Minister of
Uzbekistan Abdulla Aripov in Aktau.


The parties noted that Kazakhstan and Uzbekistan are working on
the implementation of 80 joint projects with a total value
exceeding $1.8 billion.


Fifteen projects worth $227 million have already been launched,
creating around 5,000 jobs. In addition, six projects worth $102
million are currently at an active implementation stage, while the
implementation of 59 more initiatives totaling $1.5 billion is
under consideration.


The meeting also highlighted the growth of bilateral trade. In
2025, trade turnover between Kazakhstan and Uzbekistan reached $4.8
billion. During the first five months of 2026, bilateral trade
increased by 37% year-on-year to $2.3 billion.







Kazakhstan's export potential was noted in sectors such as
metallurgy, mechanical engineering, petrochemicals, the chemical
industry, pharmaceuticals, vehicle manufacturing and construction
materials. Bektenov emphasized the importance of the effective
implementation of the Roadmap for Investment and Trade Cooperation
worth $7.8 billion. According to him, joint work on the projects
included in the roadmap will contribute to diversifying trade,
expanding mutual supplies and attracting new investments.


"Thanks to the joint efforts of the heads of our states —
President of the Republic of Kazakhstan Kassym-Jomart Tokayev and
President of the Republic of Uzbekistan Shavkat Mirziyoyev —
multifaceted cooperation between our countries is dynamically
developing and today serves as a successful example of interaction
for the entire Central Asian region. The results of the state visit
of the President of Kazakhstan to Uzbekistan last November once
again confirmed the trusting nature of Kazakh-Uzbek partnership,"
Bektenov said.


Trend's analysis
shows that the expansion of Kazakhstan-Uzbekistan economic
cooperation reflects a trend toward deeper industrial integration.
The implementation of new joint projects could strengthen
production links between the two countries, increase the share of
higher value-added goods in mutual trade and create new
opportunities for attracting investment into manufacturing
sectors.


The growth of bilateral trade and the increasing number of joint
initiatives also demonstrate the strategic importance of Kazakhstan
and Uzbekistan as key economic partners in Central Asia. Further
development of cooperation in areas such as machinery,
petrochemicals, pharmaceuticals, transport, logistics and
processing industries could contribute to the formation of regional
supply chains and enhance the competitiveness of both
economies.