Azerbaijan–Uzbekistan Interregional Forum in Baku sparks new wave of joint projects

Azerbaijani Economy Minister Mikayil Jabbarov and Uzbekistan’s Minister of Investment, Industry, and Trade Laziz Kudratov have participated in the third Azerbaijan–Uzbekistan Interregional Forum in Baku, a key platform for advancing bilateral cooperation and joint projects. 

“Together with Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade, we took part in the 3rd Azerbaijan–Uzbekistan Interregional Forum. This Forum serves as an important platform for fostering institutional ties between the regions of our two countries, advancing joint projects, and deepening collaboration among the business communities,” Caliber.Az reports, citing the minister’s message on X.

Together with Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade, we took part in the 3rd #Azerbaijan–#Uzbekistan Interregional Forum. This Forum serves as an important platform for fostering institutional ties between the regions of our two countries,… pic.twitter.com/LKvVBZvaLX

— Mikayil Jabbarov (@MikayilJabbarov) June 20, 2025

Jabbarov noted that Azerbaijan and Uzbekistan set an ambitious target to increase their bilateral trade turnover to $1 billion by 2030, signalling strengthened economic ties between the two countries. 

He emphasised that this goal will be achieved not only through enhanced trade but also by expanding mutual investments and fostering industrial cooperation projects. 

“A number of steps are being taken in this direction,” he said.

Highlighting the positive trajectory of bilateral relations, Jabbarov noted that in the first five months of this year, trade turnover with Uzbekistan more than tripled compared to the same period last year, surpassing $200 million.

By Naila Huseynova