Uzbekistan and Afghanistan to Increase Mutual Trade Turnover to $2 Billion

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On the sidelines of the Economic Cooperation Organization (ECO) summit held last week in Khankendi, Azerbaijan, President of Uzbekistan Shavkat Mirziyoyev held important talks with Deputy Prime Minister for Economic Affairs of the Islamic Emirate of Afghanistan, Mullah Abdul Ghani Baradar, according to Sputnik Uzbekistan.

Baradar noted that in 2024, bilateral trade grew by 60%, surpassing $1 billion for the first time. The Afghan side thanked Tashkent for its constructive approach and expressed a strong intention to double the trade volume to $2 billion. Kabul also plans to expand exports to Central Asia and Russia, relying on Uzbekistan’s logistical support.

During the talks, the two sides identified key areas for expanding cooperation:

  • Energy: Uzbekistan will increase electricity supplies to Afghanistan, which faces a severe energy shortage.

  • Transport and logistics: Focus was placed on establishing transit corridors for Afghan goods to Central Asia and Russia.

  • Mining: Afghanistan is seeking Uzbek investments and technologies to develop its rich mineral resources.

  • Infrastructure: A priority is the development of border infrastructure and joint industrial zones.

  • Agriculture: Uzbekistan will facilitate the transit of Afghan agricultural goods, providing better access to international markets for Afghan farmers.

Uzbekistan’s total foreign trade turnover has reached $65.9 billion, a 3.8% increase, underlining the country's growing role as an economic and transit hub between Afghanistan and the broader world.

Expanding economic ties with Afghanistan is seen as vital for the stability of Central Asia. The implementation of joint projects, along with agreements to reduce customs duties and grant trade preferences, are boosting regional economic integration.

Nonetheless, serious challenges remain: security risks in Afghanistan, international sanctions against the Taliban government, and the need for infrastructure modernization.

Still, geographical proximity, cultural ties, and mutual interests form a strong foundation for further cooperation.

The meeting in Khankendi marked a symbolic step forward, showcasing the commitment of Uzbekistan and Afghanistan to deepen economic partnership. It may serve not only as a catalyst for trade and investment, but also as a contribution to regional peace and development.

CentralasianLIGHT.org
8 July 2025