4 days ago
Modi’s Uzbekistan Visit Targets Deeper Ties and $3 Billion Trade
Prime Minister Narendra Modi is visiting Uzbekistan to strengthen ties with the country.
He will then travel to Kyrgyzstan for a major regional summit.
India and Uzbekistan currently trade goods and services worth about $1.5 billion.
They want to raise that figure to roughly $3 billion in the next three years.
Uzbekistan is inviting Indian companies to invest in several industries.
These include mining, medicines, energy, cars and digital infrastructure.
The two countries also cooperate on defence and military exercises.
About 400 Indian companies already have projects in Uzbekistan.
Prime Minister Narendra Modi is visiting Uzbekistan on 29–30 August before traveling to Kyrgyzstan for the SCO Summit.
India and Uzbekistan aim to increase bilateral trade from about $1.5 billion to $3 billion within three years.
Uzbekistan has invited Indian investment in mining, metallurgy, energy, pharmaceuticals, automobiles and digital infrastructure.
Around 400 Indian companies operate in Uzbekistan with projects reportedly exceeding $5 billion in total value.
The countries are expanding cooperation in defence, critical minerals, healthcare, information technology and market access.
- Who
- Prime Minister Narendra Modi, Uzbekistan President Shavkat Mirziyoyev, and officials from India and Uzbekistan.
- What
- Modi is holding bilateral talks aimed at strengthening the strategic partnership and expanding economic and security cooperation.
- Where
- Tashkent, Uzbekistan, followed by Bishkek, Kyrgyzstan.
- When
- Modi is in Uzbekistan on 29–30 August and is scheduled to attend the SCO Summit in Kyrgyzstan on 31 August–1 September 2026.
- Why
- India and Uzbekistan want to deepen strategic ties, expand trade and investment, improve market access, and broaden cooperation in sectors including defence and critical minerals.
Key facts
- Current bilateral trade
- About $1.5 billion, according to the article.
- Trade target
- India and Uzbekistan aim to reach about $3 billion within three years.
- Uzbekistan trade figure
- Uzbekistan reported trade turnover with India of $1.3 billion in 2025.
- Indian business presence
- Around 400 Indian companies operate in Uzbekistan, with project portfolios exceeding $5 billion.
- Diplomatic relations
- India and Uzbekistan signed a protocol establishing diplomatic relations on 18 March 1992.
- Strategic partnership
- The countries declared a Strategic Partnership in 2011.
- Defence cooperation
- The countries conduct the DUSTLIK joint military exercise and established a defence Joint Working Group in 2019.
Quotes
Laziz Kudratov
Uzbekistan’s minister of investment, industry and trade
“Over the next few days, I will be in Uzbekistan and the Kyrgyz Republic. The programmes include: Bilateral talks with President Shavkat Mirziyoyev in Tashkent to improve the India-Uzbekistan friendship. Visit to the Shastri Memorial and the Mahatma Gandhi Centre at the Tashkent State University of Oriental Studies. Multilateral and bilateral meetings at the SCO Summit in Bishkek.”
livemint.com
“We hope to reach $2 billion by next year, and we should work to increase our trade to $3-5 billion in the coming years.”
livemint.com
Sources
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