Uzbekistan and Turkey aim for $5 billion trade turnover
Representatives of Uzbekistan and Turkey's ministries have held talks in Ankara, aiming to increase mutual trade turnover to $5 billion.
A meeting of the joint working group on trade was held on October 12 in Ankara with the participation of representatives from the Ministry of Investment, Industry and Trade of Uzbekistan and the Ministry of Trade of Turkey. The parties considered the removal of existing tariff and non-tariff barriers, as well as simplifying access to mutual markets.
Priority areas for increasing supplies were named as agriculture, light industry, and electrical engineering. To promptly resolve issues of technical requirements and standardization of electrical products, it was decided to create a separate technical working group with the participation of industry specialists.
In addition, the participants held technical consultations on expanding the Agreement on Preferential Trade, discussing the inclusion of a larger list of goods in it. Following the negotiations, a final protocol of the working group was signed.
What it means
To accelerate the agreement on technical standards, the parties will form an expert group on electrical engineering, and are also working on expanding the Agreement on Preferential Trade to reduce customs barriers for exporters.
Sources
- Kun.uz: Узбекистан и Турция нацелены на рост товарооборота до $5 млрд. media outlet
- Podrobno.uz: Узбекистан и Турция намерены увеличить товарооборот до 5 миллиардов долларов media outlet
- Anhor.uz: Узбекистан и Турция планируют увеличить товарооборот до $5 млрд media outlet
- UzDaily: Узбекистан и Грузия намерены увеличить товарооборот до $1 млрд media outlet
This article was prepared with the help of AI and translated from the Russian original. Spotted an error — let us know.
Published 13 October 2026, 17:32 · No updates · Russian original
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