Baku hosted 14th meeting of the Joint Intergovernmental Commission on Cooperation between the Republic of Uzbekistan and the Republic of Azerbaijan. The delegations were headed by Uzbekistan’s Minister Laziz Kudratov and Azerbaijan’s Minister of Economy Mikayil Jabbarov.
On Friday, Minister Laziz Kudratov participated in series of events focused on strengthening and expanding bilateral trade, economic, and investment cooperation between Uzbekistan and Azerbaijan.
President of the Republic of Azerbaijan Ilham Aliyev received the Uzbek delegation and noted that Laziz Kudratov’s visit provided a valuable opportunity to discuss key issues on the bilateral agenda. The head of state praised the numerous joint projects underway between Azerbaijan and Uzbekistan, emphasizing that they reflect the strong and friendly relations between the two countries across all sectors.
Minister Kudratov said that President Mirziyoyev was preparing for an upcoming visit to Azerbaijan and has instructed the government to ensure the visit delivers concrete and practical outcomes.
The talks highlighted the positive momentum in economic and trade relations, with discussions centered on deepening cooperation in industry, transport, and logistics, as well as exploring new joint projects.
As part of the business agenda, the 14th meeting of the Joint Intergovernmental Commission on Cooperation between Uzbekistan and Azerbaijan, along with the 3rd Azerbaijan-Uzbekistan Interregional Forum, took place in Baku on Friday.
The events were supported by the Ministry of Economy of Azerbaijan and the Ministry of Investment, Industry and Trade of Uzbekistan, and organized by the Export and Investment Promotion Agency of Azerbaijan (AZPROMO).
Discussions focused on key areas of collaboration, including trade and economic ties, industrial partnerships, and joint projects in transport, agriculture, and the food industry—core pillars of the strategic partnership between the two countries.
Mikayil Jabbarov stated that from January to May 2025, a trade turnover between Azerbaijan and Uzbekistan exceeded $200 million. He emphasized that efforts are continuing to boost exports, expand joint investment activities, and strengthen direct business ties. Jabbarov also highlighted plans to establish a Trade Representative Office of Azerbaijan in Uzbekistan.
The minister emphasized the broad potential for enhancing cooperation in key sectors, including trade, investment, industry, energy, transport, and transit, as well as business development in the Alat Free Economic Zone and the liberated territories. During the forum, Uzbek business representatives were invited to actively explore and capitalize on the business opportunities available in Azerbaijan.
The two sides highlighted the progress of joint projects in residential and tourism infrastructure development, as well as the establishment of a logistics center, and cotton and dairy clusters. The Azerbaijan-Uzbekistan Investment Company was commended for actively financing 15 projects totaling over $360 million.
A number of new initiatives were agreed upon, including: a Joint Action Plan to boost bilateral trade; an Industrial Cooperation Program for 2025–2026; a two-year schedule of mutual trade missions; the opening of trade houses and showrooms in Tashkent and Baku; the creation of a bilateral Business Council; and measures to enhance interregional transport corridors. Additional areas of cooperation will include sericulture, cotton production, and dairy processing.
California lawmakers have fast-tracked a redistricting plan giving Democrats a potential five-seat gain in Congress, with Governor Gavin Newsom signin...
The U.S. National Guard has been deployed across Washington, D.C. following President Trump’s declaration of a public safety emergency, as federal a...
North Korean leader Kim Jong Un praised troops who fought for Russia in Ukraine, calling them "heroic" during a ceremony honoring soldiers of the army...
The U.S. State Department confirmed that all 55 million visa holders are under continuous review, with potential revocations for security or legal vio...
Adidas executives personally visited a small Indigenous town in southern Mexico to apologize for a shoe design criticised as cultural appropriation, p...
Azerbaijan’s SOCAR will invest $7 billion in Türkiye’s petrochemical sector, reinforcing its role as the country’s largest foreign investor.
President Emeritus of the European Council Charles Michel has called for a more coherent, autonomous European Union policy on China and regional diplomacy, warning against over-reliance on the U.S. or Russia in shaping Europe’s global direction.
Russian drones deliberately struck a SOCAR oil depot in Ukraine's southern Odesa region for the second time in two weeks on Monday (18 August), according to Ukrainian officials.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Israel will begin immediate negotiations for the release of all hostages held in Gaza, Prime Minister Benjamin Netanyahu said Thursday, while maintaining military pressure on Gaza City.
Azerbaijan’s SOCAR will invest $7 billion in Türkiye’s petrochemical sector, reinforcing its role as the country’s largest foreign investor.
Iran’s Foreign Minister Abbas Araghchi has ruled out imminent nuclear negotiations with the United States but said talks with the European powers and the International Atomic Energy Agency (IAEA) are planned for coming days.
Israel has given final approval for a highly controversial settlement project in the occupied West Bank, a move that critics say would effectively sever the territory and deal a severe blow to the prospects of a future Palestinian state.
Türkiye is stepping up as a key player in efforts to end the Russia-Ukraine war. President Recep Tayyip Erdoğan, NATO chief Mark Rutte, and senior Turkish officials all emphasized Ankara’s key role in promoting lasting peace.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment