The Deputy Minister of Investments, Industry and Trade of Uzbekistan, Ilzat Kasimov, held a meeting on August 12, 2026, with leaders of major Chinese companies. The purpose of the meeting was to discuss prospects for implementing joint investment projects, according to the ministry's press service.
Representatives of organizations such as Sichuan Hebang Investment Group, China Feihe Limited, YEMA Group, Zhejiang ZHINK Group, and Beijing Century Beijing Furniture took part in the meeting. These companies operate in the fields of mineral extraction, chemical processing, agriculture, animal husbandry, production of dairy and food products, PET materials, textiles, and furniture manufacturing.
Chinese companies were presented with information about Uzbekistan's investment potential. The main focus of the discussion participants was on opportunities for joint ventures in the development of deposits, deep processing of mineral raw materials, and chemical production.
The possibility of establishing powder milk and other dairy product production facilities in Uzbekistan was discussed separately. At the end of the meeting, the parties reached an agreement to continue joint work on potential projects. Detailed elaboration of these initiatives will be carried out jointly with relevant ministries and agencies before practical implementation begins.
A business forum took place in Tashkent between Kazakhstan and Uzbekistan, attended by representatives from over 110 large and medium-sized private companies from Kazakhstan. The event was organized as part of fulfilling the directives of the presidents of Uzbekistan and Kazakhstan aimed at increasing bilateral trade to 10 billion US dollars.
Forum participants noted that the next stage of economic interaction development should focus on deepening industrial cooperation and creating joint production of high value-added products.
The National Chamber of Entrepreneurs of Kazakhstan, "Atameken," proposed concentrating joint efforts on three main areas. These include ensuring transparent access for enterprises to raw materials and expanding industrial cooperation, digitizing transport and logistics infrastructure and customs procedures, as well as increasing mutual investments, launching joint production projects, and localizing businesses.
The Kazakh side also put forward a proposal to create a permanent expert working group and develop a joint roadmap for harmonizing tariff, raw material, and customs mechanisms.
A practical result of the forum was the signing of a memorandum of cooperation between the Uzbek company "Glasfit Energy" and the Kazakh enterprise "Armature Insulator Plant LLP." Following the forum, B2B negotiations took place, during which business representatives from Kazakhstan and Uzbekistan discussed opportunities for implementing joint projects, finding new partners, and expanding direct business ties.
A delegation from Uzbekneftegaz, led by its board chairman, held talks with the management of China's Jereh Group, a manufacturer of high-tech equipment for the oil and gas industry, during a working trip to China.
The parties discussed the current state of cooperation, the progress of joint projects, and prospects for further expansion of partnership relations.
During the meeting, participants noted that in recent years, Uzbekneftegaz and Jereh Group have signed a number of agreements aimed at enhancing the technical potential of Uzbekistan's oil and gas sector.
One of the key topics of discussion was Uzbekneftegaz's drilling expansion program. In this regard, the parties reviewed the possibilities of acquiring modern cementing equipment used in the construction of exploration and production wells.
Participants also discussed commercial proposals presented by Jereh Group and exchanged views on equipment supplies under mutually beneficial terms. Special attention was paid to optimizing supply conditions, considering the long-term nature of the interaction between the two companies.
At the conclusion of the negotiations, the parties confirmed their interest in further developing the partnership and implementing new projects aimed at modernizing Uzbekistan's oil and gas industry.
