Bakytzhan Sagintayev and Botirjon Asadov discussed issues of trade and economic cooperation between the EAEU countries and Uzbekistan

On May 15, Chairman of the Board of the Eurasian Economic Commission Bakytzhan Sagintayev held a meeting with the Ambassador Extraordinary and Plenipotentiary of the Republic of Uzbekistan to the Russian Federation Botirjon Asadov at the EEC headquarters.

During the meeting, the state and prospects of cooperation between the countries of the Eurasian Economic Union and Uzbekistan, the progress of implementation of agreements to deepen integration ties in various fields were discussed.

Bakytzhan Sagintayev noted that Uzbekistan currently ranks first among the EAEU’s trading partners from CIS countries that are not members of the Union, and seventh in the general list of trading partners.

The current state of affairs is a solid basis for developing interaction and further unlocking the potential of the economies of the Eurasian “five” states and Uzbekistan.

Currently, the Commission alongside with the EAEU countries is exploring the possibility of Uzbekistan to join a number of specific cooperative industrial and infrastructure projects.

In turn, Botirjon Asadov emphasized that Uzbekistan is interested in making maximum use of the status of an observer state and is ready to join industry-specific projects implemented in the EAEU.

A new plan of joint activities of the EEC and the Government of Uzbekistan for 2024 – 2026 is currently being prepared to further strengthen economic cooperation between the parties.

On December 11, 2020, the Supreme Eurasian Economic Council granted the Republic of Uzbekistan an observer status at the EAEU.

On April 30, 2021, a Memorandum of Interaction between the Eurasian Economic Commission and the Government of the Republic of Uzbekistan was signed and a Joint Action Plan between the Eurasian Economic Commission and the Government of the Republic of Uzbekistan for 2021-2023 was approved.

On November 29, 2023, a Memorandum of Cooperation was signed between the EAEU Business Council and the Chamber of Commerce and Industry of Uzbekistan.