President of Uzbekistan Shavkat Mirziyoyev met with Mullah Abdul Ghani Baradar, Acting Deputy Prime Minister of Afghanistan for Economic Affairs, on the sidelines of the Economic Cooperation Organization (ECO) Summit in Khankendi, Azerbaijan.
The parties discussed opportunities for strengthening cooperation in trade and economic spheres, transport, logistics, and energy. They highlighted the steady growth in trade turnover and the rising number of joint ventures.
Uzbekistan President's Press Office stated that business ties between the two countries have intensified. In May, Uzbekistan opened trade houses in Kabul and Mazar-i-Sharif, and in June, a Preferential Trade Agreement was signed to further boost bilateral trade.
President Mirziyoyev emphasized the importance of expanding cross-border trade and developing the necessary infrastructure, while also promoting joint projects in mining, textiles, pharmaceuticals, construction materials, and agricultural processing.
The two sides also underscored the strategic importance of accelerating the implementation of the Trans-Afghan Railway project, a vital regional initiative.
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Uzbekistan will launch a new digital financial platform from 1 July aimed at simplifying access to finance for entrepreneurs, as part of broader efforts to support small businesses, encourage innovation and accelerate private sector development.
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The U.S. is deepening engagement with Central Asia on critical minerals as global competition for strategic resources intensifies. The issue dominated talks in Astana between Washington and the five Central Asian states.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
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