Uzbekistan, Kuwait seek to deepen trade, investment ties

Uzbekistan and Kuwait have reaffirmed their commitment to expanding bilateral trade and investment cooperation, with officials discussing new joint projects and plans to strengthen economic ties across a range of sectors.

Uzbekistan's Minister of Investment, Industry and Trade, Laziz Kudratov, met with Kuwait's Ambassador to Uzbekistan, Turki Khalid Hamad Al-Mikrad, on July 14 to discuss the further development of trade, economic and investment cooperation, Caliber.Az reports, citing Uzbek media.

The two sides reviewed measures to boost bilateral trade, promote Uzbek products in the Kuwaiti market, organise business missions and exhibitions, and expand contacts between the business communities of both countries.

Officials identified banking and finance, agriculture, healthcare, pharmaceuticals, industry, and the services sector as key areas with strong potential for future cooperation.

The meeting also focused on collaboration with the Kuwait Fund for Arab Economic Development to support infrastructure and logistics projects.

In addition, the two sides discussed preparations for an Uzbek-Kuwaiti Business Forum and plans to reinvigorate the work of the Intergovernmental Commission. Its third meeting is scheduled to take place in Uzbekistan in the autumn of 2026.

By Sabina Mammadli