Uzbekistan and China’s Hainan Sign Memorandum to Expand Trade and Investment

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Uzbekistan’s Chamber of Commerce and Industry has signed a memorandum of understanding with business organisations from China’s Hainan province, reported Trend.

The other signatories are the Hainan Provincial Committee of the China Council for the Promotion of International Trade and the Hainan Chamber of the China Chamber of International Commerce. The document was signed after a joint business forum in Tashkent, the “Hainan Free Trade Port – Tashkent Trade and Economic Exchange Meeting.” The memorandum aims to strengthen business ties, expand direct contacts between entrepreneurs and create new trade and investment projects.

At the forum, the Uzbek side presented investment conditions in the country’s free economic zones, technology parks, the Tashkent International Financial Centre and IT Park Uzbekistan. The Hainan delegation said it was interested in joint projects in agricultural processing, machinery manufacturing, new energy and tourism. Chinese companies Hainan Nicepal Industry, Dehang and Huali presented their business proposals.

Hainan is China’s largest free trade port and is opening further to foreign business. China is already one of Uzbekistan’s largest trading partners and investors. Tashkent is working to attract Chinese capital beyond state-level projects by building direct links with individual Chinese provinces.

CentralasianLIGHT.org,
November 13, 2026