On March 1, Laziz Kudratov, the Minister of Investment, Industry, and Trade of Uzbekistan, held a meeting with a delegation led by Afghan Minister of Industry and Commerce Nuruddin Azizi, who was visiting the Termez International Trade Centre in Uzbekistan’s Surkhandarya region, at the border with Afghanistan.
The meeting discussed trade and economic relations between Uzbekistan and Afghanistan. Specific measures have been outlined to increase bilateral trade turnover to $3 billion.
In addition to trade, further measures to strengthen mutually beneficial cooperation in the agriculture, textiles, pharmaceuticals, food, and mining industries were discussed.
On the sidelines of the visit, B2B negotiations were organized with the participation of approximately 60 entrepreneurs from each side.
As reported by TOLOnews, the meeting discussed Uzbek investments in Afghanistan, the establishment of vegetable and fruit processing factories worth over $200 million, the creation of an economic and commercial complex at the Hairatan port, and facilitating long-term business visas for traders from both countries.
According to the Afghan Ministry of Industry and Commerce, discussions also covered organizing a regional exhibition in Termez, establishing chambers of commerce in both countries, customs cooperation, product standardization, agricultural collaboration, and forming a joint committee to address traders’ concerns.
