The Uzbek-Georgian business council held its regular meeting in Tbilisi on July 1, 2026, ahead of the visit of the President of Uzbekistan Shavkat Mirziyoyev to Georgia.
Discussion of Economic Cooperation
Participants focused on opportunities to expand trade and economic interaction, develop industrial cooperation, and implement new investment projects. Present were Odilkhon Rustamov, Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan, Giorgi Pertaya, President of the Georgian Chamber of Commerce and Industry, as well as representatives of leading business circles from both countries.
The main focus was on strengthening direct ties between entrepreneurs, increasing mutual trade, and developing joint investment initiatives. The sides noted a positive dynamic in bilateral economic cooperation.
Trade Turnover Dynamics
Meanwhile, the volume of mutual trade increased from 89 million US dollars in 2017 to 267.6 million US dollars by the end of 2025. Uzbekistan's exports to Georgia amounted to 77.2 million US dollars of this total, while imports from Georgia reached 190.4 million US dollars.
According to both sides, more effective use of the free trade regime, as well as potential in the field of transport and logistics, will allow for the growth of mutual trade turnover to 1 billion US dollars in the future.
Prospects for Joint Projects
The meeting also considered opportunities to launch joint projects in sectors such as pharmaceuticals, electrical engineering, and chemical industry, construction material production, agricultural product processing, textiles, winemaking, as well as in the field of transport and logistics. A separate part of the program was dedicated to B2B meetings, where business representatives discussed promising areas, established new contacts, and concluded practical agreements.
After the meeting concluded, the sides reaffirmed their intention to intensify interaction between the business communities of Uzbekistan and Georgia, support joint investment projects, and consistently develop cooperation within the framework of the Uzbek-Georgian Business Council.