BAKU, Azerbaijan, July 27. Uzbekistan and
China's Inner Mongolia Autonomous Region explored new investment
opportunities in mining, renewable energy, manufacturing and other
sectors.
This was reflected in the statement by the Ministry of
Investment, Industry and Trade of Uzbekistan following the
Uzbekistan-China Business Forum in Tashkent, as the two sides
sought to expand economic cooperation.
The forum brought together representatives of Uzbekistan's
Ministry of Investment, Industry and Trade, government agencies,
industry associations and a delegation from China's Inner Mongolia
Autonomous Region, along with executives from 22 Chinese companies
operating in metallurgy, energy, logistics, biotechnology,
automotive manufacturing and the food industry.
Participants discussed prospects for launching joint projects in
mining, green energy, agriculture, healthcare, advanced
technologies, industrial cooperation and export-oriented
manufacturing.
"The forum served as a platform for establishing direct business
contacts, developing investment initiatives and advancing joint
projects," the ministry said.
The meeting comes amid rapidly expanding economic ties between
Uzbekistan and China. According to the ministry, bilateral trade
has tripled over the past five years and approached $18 billion by
the end of 2025, while cumulative Chinese foreign direct investment
has increased fivefold to $17 billion.
More than 6,000 enterprises with Chinese capital are currently
operating in Uzbekistan, reflecting China's growing role as one of
the country's leading trade and investment partners.
"The participants reviewed opportunities for implementing
projects in the mining industry, green energy, agriculture,
healthcare, modern technologies, industrial cooperation and
export-oriented production," the ministry said.
The forum provided a venue for businesses and government
officials to strengthen commercial ties and identify new areas for
cooperation between Uzbekistan and China's Inner Mongolia
region.
China has become Uzbekistan's largest trading partner and one of
its biggest sources of foreign investment. The latest business
forum underscores Tashkent's continued efforts to attract Chinese
investment into strategic sectors, including mining, renewable
energy, advanced manufacturing and logistics, while promoting
export-oriented industrial development.
