Uzbekistan and India have reached an agreement on significantly increasing mutual trade volume by 2030, as well as on launching new industrial projects.
The leaders of the two countries agreed to take the necessary measures to achieve a trade turnover between the two states of $5 billion by 2030. According to data from the Indian government, mutual trade amounted to $1.3 billion in 2025.
One of the key issues discussed was the expansion of industrial cooperation and the implementation of joint ventures. It is planned to develop partnerships with leading Indian companies in sectors such as energy, electrical engineering, metallurgy, precious minerals, medicine, pharmaceuticals, agriculture, and jewelry.
The parties plan to activate political contacts at all levels, including friendly groups in parliaments, the Intergovernmental Commission, and the Entrepreneurs Council. A new coordination mechanism will be established at the level of foreign ministers.
During the negotiations, issues were also considered regarding the expansion of partnership between Andijan region and Gujarat state, Fergana region and Haryana state, as well as between Samarkand region and Agra.
A five-year cultural exchange plan is planned to be signed during the visit, which provides for regular holding of cultural days, concerts, exhibitions, forums, and film festivals.
Uzbekistan and India will continue to support each other's initiatives in international structures such as the UN, SCO, and BRICS.
Following the negotiations, it was instructed to develop 'roadmaps' for each key area, specifying responsible implementers, concrete mechanisms, and timelines.