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Turkmenistan, Uzbekistan hold business council meeting

GenevaTimes by GenevaTimes
June 22, 2026
in Europe
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Turkmenistan, Uzbekistan hold business council meeting
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BAKU, Azerbaijan, June 22. The 5th meeting of
the Turkmen-Uzbek Business Council was held in Ashgabat.

This was reflected in a press release published by the Ministry
of Foreign Affairs of Turkmenistan on June 22.

“The participants discussed prospects for further expansion of
trade and economic cooperation between the two countries, including
in energy, transport and logistics, agriculture, the pharmaceutical
industry and tourism,” the press release said.

The discussions focused on deepening business-to-business
engagement and expanding practical cooperation between the private
sectors of the two countries, the ministry noted.




According to the ministry, the sides also exchanged views on
strengthening cooperation between the chambers of commerce and
industry of Turkmenistan and Uzbekistan.

For reference, Turkmenistan and Uzbekistan have significantly
expanded economic cooperation in recent years, with bilateral trade
reaching a record $1.2 billion in 2025, according to Uzbekistan’s
official statistics. Trade between the two countries surpassed $1.2
billion in 2025.

Cooperation has been advancing across transport, energy,
industry and border trade. In November 2025, the two countries
inaugurated the joint Shavat-Dashoguz border trade zone, while
their leaders have repeatedly identified transport and logistics as
priority areas, including the expansion of cargo flows through the
Port of Turkmenbashi and the development of regional transit
corridors.

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