TASHKENT, Uzbekistan, March 5. Uzbekistan and
Latvia have signed a memo on restoring the activities of the
Uzbekistan-Latvia and Latvia-Uzbekistan Business Cooperation
Councils, as well as an Action Plan aimed at strengthening
bilateral economic cooperation, Trend reports via Uzbekistan’s Ministry of Investment,
Industry and Trade.
The documents were signed following the 9th meeting of the
Uzbekistan-Latvia Intergovernmental Commission and the
Uzbekistan-Latvia Business Forum, which brought together
representatives of government agencies and the private sector from
both countries.
According to the information, more than 20 Latvian companies
took part in the forum, including Latvijas dzelzceļš, Ventspils
Free Port, Elektroniskie sakari, Intellog, and MGK Building. The
companies represent sectors such as railway infrastructure, port
logistics, telecommunications, transport services, and construction
technologies.
During the event, B2B meetings were also held, resulting in
agreements to advance joint projects in logistics, industry,
agriculture, and the digital economy.
Meanwhile, trade turnover between Uzbekistan and Latvia reached
$273.2 million in 2025, and the two sides have set a goal to
increase the figure to $500 million in the medium term.
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