President Shavkat Mirziyoyev received Lord John Alderdice, the UK Trade Envoy for Central Asia. The meeting confirmed that bilateral relations have reached a qualitatively new level, characterized by a doubling of trade turnover over the past five years, Uzdaily.uz reports.
Uzbekistan is actively utilizing British financial instruments: sovereign and corporate bonds worth over $15 billion have already been listed on the London Stock Exchange. To systematize business ties, the Joint Economic and Trade Committee (JETCO) was launched last year.
Priority Areas for Development
The parties agreed to focus their efforts on the following sectors:
- Industry and Natural Resources: Projects in geology, chemicals, and pharmaceuticals.
- Infrastructure: Transport logistics and energy.
- Human Capital: Expanding the network of British universities and Presidential Schools in Uzbekistan.
- Tourism: Stimulating the growing interest of British citizens in the region's cultural heritage.
The main practical outcome of the talks was the decision to develop a joint "roadmap." This document will serve as a detailed plan for deepening the multifaceted partnership, including the financial sector and scientific exchanges.
CentralasianLIGHT.org
February 17, 2026