Uzbekistan accelerates the launch of the Jartepa free trade zone in Samarkand region

Uzbekistan and Georgia are organizing a joint business mission in Tashkent, which will take place on October 28–29. The goal of the event is to strengthen trade and economic ties, expand industrial cooperation, and attract investments.

The event was organized by the Embassy of Uzbekistan in Azerbaijan and Georgia, with the support of the Ministry of Investment, Industry, and Trade, as well as the Chamber of Commerce and Industry of Uzbekistan.

Georgian Delegation and Negotiation Participants

The Georgian delegation includes representatives of the country's business community, such as the Georgian Investment Chamber, Tbilisi Free Industrial Zone, and companies Business Shop, EurAsia Gulf, PB Service, Blanco, GWG Development, and WeGroup. Representatives of relevant state institutions and enterprises of Uzbekistan will also participate in the negotiations.

Discussions are focused on several key areas: increasing bilateral trade, strengthening industrial interaction, attracting capital investment, and developing joint business initiatives.

Mission Program

The business mission program includes presentations by Georgian companies, holding direct B2B (business-to-business) and B2G (business-to-government) negotiations, as well as visits to New Tashkent and IT Park Uzbekistan. During these visits, participants will be able to study the investment opportunities and infrastructure of Uzbekistan.

The organizers hope that the contacts established between entrepreneurs from the two countries will serve as an impetus for developing promising joint projects and further strengthening bilateral economic partnership.

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.

Uzbekistan and Tajikistan intend to simplify the financing process for joint investment projects and create more favorable conditions for enterprises wishing to acquire production equipment.

Amendments to the agreement between the governments of the two countries were approved by the lower house of the Tajik parliament on October 1. These changes concern the use of foreign currency, the import of technological equipment, and the provision of financial support to entrepreneurs.

The updated mechanisms are expected to reduce companies' operating costs when equipping production facilities. One such measure is leasing, which will allow companies to obtain necessary equipment without having to pay the full cost immediately. Furthermore, more favorable customs and tax conditions are provided for the import of technological equipment.

As of October 1, 2026, the Tajik-Uzbek investment company approved seven projects totaling $20.9 million USD, of which $8.9 million has already been allocated for implementation. These projects cover various economic sectors, including industrial production, agricultural raw material processing, food production, and medical services. The completion of these projects is expected to create over 720 jobs.

The bilateral investment company was established in 2021 to support entrepreneurship, finance joint initiatives, and develop the production sector. Its initial capital was $12 million USD. The Uzbekistan Recovery and Development Fund provided 75% of the capital, while the state company Tajinvest of Tajikistan contributed the remaining 25%.

In July 2026, Tajikistan's Minister of Finance Faiziddin Qahhorzoda announced that the company's capital exceeded $50 million USD. The company has the ability to finance projects, acquire stakes in existing or new enterprises, and attract funds from international financial institutions.

Agreements on changing the company's operational terms were formalized by a protocol signed on March 26, 2026, during the visit of Tajikistan's President Emomali Rahmon to Uzbekistan. Uzbekistan completed the necessary internal procedures on September 9.