Uzbekistan and the Philippines intend to intensify trade and economic cooperation. On August 14, Ilzat Kasimov, Deputy Minister of Investments, Industry, and Trade of Uzbekistan, met with Roberto Gutierrez Manalo, the Philippine Ambassador to Uzbekistan, as reported by the Ministry of Investments, Industry, and Trade of Uzbekistan.
In the first half of 2026, bilateral trade turnover between the two countries reached 3.3 million US dollars, representing a 135.6% increase compared to the same period last year.
During the negotiations, the parties identified several promising areas for interaction. These include agriculture, supply of mineral fertilizers, information and communication technologies, electrical engineering, transport, geology, and the textile industry.
Special attention was paid to establishing a Joint Economic Commission, holding a business forum in Manila, developing air transport, personnel training, and cooperation in the field of labor migration. Following the meeting, the parties agreed to continue practical steps to increase bilateral trade and implement joint projects.