Uzbekistan and AD Ports Group Discuss Logistics Projects

The Central Bank of Uzbekistan, together with the Asian Development Bank (ADB), analyzed the results of its technical cooperation for the period 2023–2026 and discussed the prospects of launching new joint projects, according to the Central Bank's press service.

The meeting took place concurrently with the Samarkand Islamic Finance Forum in 2026. Participants included Deputy Chairman of the Central Bank Sanjar Nosirov, Director of Financial Inclusion Dilbar Abduganiyeva, heads of relevant departments, as well as ADB's Director of Financial Sector Mohd Sani Mohd Ismail.

Participants reviewed the technical assistance provided by the ADB to the Central Bank from 2023 to 2026. The cooperation focused on increasing the accessibility of financial services, consumer protection, promoting financial literacy, and strengthening risk-based supervision of the non-banking sector.

Furthermore, the parties exchanged views on potential new areas of technical interaction. These include the development of the Islamic capital market, the introduction of liquidity management tools, and the improvement of supervision over the non-banking financial sector.

Following the negotiations, representatives of the Central Bank and the ADB expressed interest in further developing cooperation and implementing joint projects in the agreed areas.

The Foreign Minister of Uzbekistan, Bakhtiyor Saidov, met with the Prime Minister of Georgia, Irakli Kobakhidze, in Batumi to discuss expanding trade, economic, and investment cooperation, increasing bilateral trade, and promoting joint transport and logistics projects.

Saidov himself reported on the progress of the negotiations. At the beginning of the meetings, the Foreign Minister of Uzbekistan conveyed greetings and best wishes from President Shavkat Mirziyoyev to Kobakhidze.

Both sides noted that bilateral relations have reached a new level following two visits. In March 2025, the Prime Minister of Georgia visited Uzbekistan on an official trip. And in July 2026, Mirziyoyev made a state visit to Georgia.

The signing of the Declaration on Strategic Partnership was characterized by both sides as a significant stage in the development of bilateral interaction. Participants also exchanged views on regional and international issues.

During his stay in Batumi, Saidov also held a meeting with Zurab Pataradze, the head of the government of the Autonomous Republic of Adjara. Saidov stated that Uzbekistan will continue to work on strengthening strategic partnership with Georgia and developing new practical initiatives within this partnership.

A delegation from Primorsky Krai, Russia, visited the Fergana Valley and Tashkent to discuss expanding trade and economic cooperation with Uzbekistan. Topics discussed included establishing trade and distribution centers, improving logistics, organizing direct flights, and implementing joint industrial projects, according to Dunyo News Agency.

The Russian delegation included Konstantin Sidorenko, Minister of Primorye for International and Foreign Economic Relations; Sergey Kalitin, Minister of Industry and Trade; and Natalia Naboychenko, Minister of Tourism. Business representatives and officials from relevant departments were also part of the group. The visit was organized with the assistance of the Consulate General of Uzbekistan.

Discussion of Cooperation with Fergana Region

During a meeting with the Governor of the Fergana Region, Khayrullo Bozorov, the parties discussed increasing the supply of products from the region to the Russian market, as well as the possibility of creating a trade house and a goods distribution center in Primorye. Furthermore, the idea of launching direct flights between Fergana and Primorye, as well as expanding tourism and humanitarian ties, was considered.

Discussions also covered the signing of a memorandum of cooperation and the organization of Fergana Region Cultural Days in Primorye in 2027.

Planning Trade and Industrial Initiatives

In meetings with representatives of the Ministry of Investment, Industry, and Trade of Uzbekistan and the Chamber of Commerce and Industry, plans were reviewed for opening an Uzbek trade house, a distribution center, and a showroom for national products in Primorye. Other proposals included holding trade fairs, exchanging business delegations, and organizing a business forum in Vladivostok.

Potential areas for industrial cooperation include the joint production of solar panels and electrical equipment involving Uzbek entrepreneurs.

The delegation also held separate negotiations with representatives of the online marketplace Uzum Market. The parties agreed to study the possibility of selling products from Primorye producers through this platform. Potential products mentioned included seafood, food additives, oils, household chemicals, and other non-food items.

As part of the visit, the head of Chemix Group inspected concrete structure manufacturers in the Fergana Region, including Besh Bola Beton, Hadid Beton, Turon Beton, and Megabeton. Following these inspections, the parties agreed to establish mutually beneficial cooperation.

The proposed initiatives aim to increase the export of Uzbek products to Russia, strengthen interregional ties, and promote joint industrial and trade projects.