Internet restrictions in Russia hurt small businesses
Small businesses across Russia are increasingly feeling the impact of tighter internet restrictions, including ...
Central Asian countries and Russia have launched a new platform for industrial cooperation, signalling a shift from traditional trade ties towards deeper production integration.
The meeting brought together industry and investment ministers from Central Asian countries and Russia, marking the launch of a new regional platform for industrial cooperation.
Speaking at the meeting was Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov. He noted that Uzbekistan’s industrial sector now accounts for 27% of GDP, with output having doubled in recent years. Trade turnover with partner countries exceeded $21 billion in 2025 and grew by a further 26% in the first quarter of 2026. Participants emphasised the need to move from trade-based cooperation to joint industrial development.
Ministers proposed the development of a unified programme for industrial cooperation and localisation, aimed at strengthening regional value chains and boosting manufacturing capacity. A new initiative titled “Young Industrial Leaders - 2030” was also introduced to train 10,000 qualified specialists across the region.
In addition, an expert working group will be established to advance joint projects and coordinate implementation. The meeting concluded with the signing of a joint communiqué, formalising commitments to expand cooperation in key industrial sectors.
The new format aligns with wider efforts to deepen economic ties between Central Asia and Russia. Earlier, foreign ministers meeting in Moscow reaffirmed their commitment to expanding cooperation in trade, energy, transport and logistics. According to official data, total trade turnover between the region and Russia reached approximately $50 billion last year, reflecting steady growth in economic engagement.
Officials say the combination of Central Asia’s economic potential and Russia’s industrial capacity creates opportunities for long-term partnership, with increasing emphasis on investment, joint production and technological collaboration.
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