Azerbaijan and Uzbekistan discuss deepening economic cooperation at the IV Tashkent International Investment Forum.
Led by Prime Minister Ali Asadov, the Azerbaijani delegation traveled to Uzbekistan to participate in the forum, where a key panel titled “Azerbaijan-Uzbekistan: Vector of Economic Partnership” was held on Wednesday (11 June).
Government officials and business leaders from both countries gathered to explore ways to expand bilateral trade, promote joint investment projects, and strengthen collaboration across sectors including energy, transport, agriculture, industry, and digital technologies.
Elnur Aliyev, First Deputy Minister of Economy of Azerbaijan, highlighted the positive impact of high-level visits and meetings between the two nations' leaders on fostering closer ties.
“Economic and trade relations between our countries are rapidly growing. Trade turnover with Uzbekistan has more than tripled in the first four months of this year alone. Mechanisms such as the Joint Intergovernmental Commission and the Azerbaijan-Uzbekistan Investment Company play a vital role in consolidating cooperation,” Aliyev said. He also stressed the importance of creating new platforms for joint activities to further stimulate economic partnership.
Other key figures contributing to the discussion included Uzbekistan’s Deputy Minister of Investments, Industry and Trade Khurram Teshabayev, AZPROMO Executive Director Yusif Abdullayev, Chairman of the Small and Medium Business Development Agency Orkhan Mammadov, Director of Uzbekistan’s Reconstruction and Development Fund Shukhrat Vafaev, Director of the Azerbaijan-Uzbekistan Investment Company Nazim Hajiyev, and Deputy Governor of Tashkent Sherof Rahmanov.
During the forum, Aliyev also held talks with Qatar’s Minister of Commerce and Industry, Ahmed bin Mohammed Al-Sayed. The meeting underscored the promising growth of Azerbaijan-Qatar relations and the significant potential to strengthen economic ties further.
Both sides discussed opportunities for joint investments, infrastructure development, and establishing effective public-private partnerships to enhance cooperation across multiple sectors.
The forum signals a growing commitment by Azerbaijan and Uzbekistan to deepen their strategic economic partnership and expand regional cooperation.
The death of a laboratory employee at a Russian plague research institute in Siberia has triggered a major public health response and international...
Ukrainian President Volodymyr Zelenskyy has accused Russia of a deadly drone strike on a Türkiye-owned cargo ship in the Black Sea, killing it...
Regional powers gathered in Moscow on Monday for talks on Afghanistan, focusing on security, economic cooperation and Kabul’s relations with ...
Iran's Oil Minister Mohsen Paknejad has resigned, with Hamid Bovard, chief executive of the state-owned National Iranian Oil Company (NIOC), appointed as acting oil minister, according to Iranian state media.
Right-wing Brazilian Senator Flavio Bolsonaro will face leftist President Luiz Inacio Lula da Silva in a runoff of the presidential election later this month, after he exceeded expectations in Sunday's first-round vote with a slight lead over the incumbent.
Candidates elected to Bosnia and Herzegovina's three-member presidency declared victory after preliminary unofficial results showed Denis Becirovic leading the Bosniak seat, Darijana Filipovic ahead in the Croat seat and Zeljka Cvijanovic likely retaining the Serb seat.
Iran says the Strait of Hormuz will remain closed until the United States meets seven conditions agreed under a June memorandum, as President Donald Trump signals he may soon decide whether to resume military operations against Tehran.
Uzbekistan’s grape exports have grown rapidly. In January-August 2025, the country exported 86,200 tonnes of fresh grapes worth $78.3 million to 19 countries but can it turn these crops into a recognisable international product?
In the marshlands of Malluba in southern Azerbaijan, Kamil Mammadov follows a routine that has been passed down through generations. His family has worked with medicinal leeches for centuries, harvesting and breeding a species known as Hirudo orientalis, or the Caucasian medicinal leech.
Baku is hosting the second Azerbaijan International Investment Forum (AIIF 2026) and it’s attracting more interest this year, Azerbaijan’s Deputy Prime Minister told AnewZ. “The agenda is very impressive. More guests, more interest,” he said.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment