Baku and Tashkent intend to increase trade turnover up to $1 billion

17:32 - 26.10.2026


October 26, Fineko/abc.az. The heads of state of Azerbaijan and Uzbekistan have adopted a program to increase trade turnover between the two countries to $1 billion by 2030.

Within the strategic partnership, large-scale projects are being implemented in the fields of trade, industrial cooperation, energy and transport.

This includes the identification of projects worth $160 million through a $500 million joint investment fund, the Davr Bank project in Uzbekistan with ABB, the construction of a gypsum plant by Mətanət-A, as well as the construction of gas stations and residential complexes by SOCAR.

At the same time, overall economic integration with the countries of Central Asia is deepening: in the first eight months of 2026, transit traffic along the Middle Corridor increased by about 20%.