Uzbekistan and Georgia Discuss Trade and Logistics in Batumi

President of Uzbekistan Shavkat Mirziyoyev held a meeting with Bakhtzhan Sagintayev, Chairman of the Council of the Eurasian Economic Commission (EEC), on October 22. The goal of the negotiations was to discuss deepening the country's interaction with the Eurasian Economic Union (EAEU), in which Uzbekistan holds observer status.

During the meeting, a steady increase in trade turnover and investments with EAEU member states, as well as the strengthening of logistical links, was noted. Uzbekistan actively participates in key sectoral programs of the union, including initiatives for the digitalization of trade and cargo transportation, the development of e-commerce, and the promotion of the climate agenda.

Previously, four meetings of the joint working group with the Eurasian Economic Commission took place. Furthermore, an action plan aimed at harmonizing technical regulation systems was approved.

Special attention was paid to cooperation with the Eurasian Development Bank, of which Uzbekistan has become a full member. A portfolio of joint projects has been developed with this bank. The parties agreed to hold the next meeting of the joint working group before the end of 2026. They also emphasized the need to adopt a new cooperation plan focused on reducing trade barriers, deepening industrial partnership, and digitizing customs and transport procedures.

Uzbekistan and Iran held discussions aimed at expanding economic and trade interaction, strengthening investment ties, and seeking alternative transportation routes, according to the Uzbek news agency Dunyo.

The issues were discussed during a meeting between Uzbekistan's ambassador Fariddin Nasriev and Bahman Abdollahi, chairman of the Iranian Chamber of Cooperatives. The parties reviewed opportunities to increase bilateral trade, promote investment partnership between enterprises, and exchange professional experience.

Furthermore, the topic of organizing a visit by representatives of Iranian business to Uzbekistan to study potential joint projects was raised. The Iranian side noted that the conditions created by Uzbekistan to support business activity contribute to the development of economic and trade relations between the two countries.

A key aspect was cooperation in the field of transport and logistics. The potential for establishing air connections, developing alternative transport corridors, and establishing direct contacts between relevant state structures was discussed.

Nasriev confirmed Uzbekistan's interest in further strengthening bilateral relations and its readiness to facilitate the implementation of the planned initiatives. The Iranian Chamber of Cooperatives (ICC), founded in 1994, is the country's highest non-governmental representative body in the cooperative sector. According to available data, there are about 104,000 cooperatives operating in Iran with over 18 million members, providing employment for 1.8 million people.

Ultimately, the parties agreed to continue cooperation in the areas addressed, paying special attention to achieving practical results in trade, investment, transport, and logistics.