Bilateral Commerce Between Uzbekistan and Tajikistan Set for Main Growth

CERR Assesses the Potential for Increasing Commerce between Uzbekistan and Tajikistan.
In response to estimates by the Middle for Financial Analysis and Reforms (CERR), there’s potential to extend mutual commerce between Uzbekistan and Tajikistan by 30-40%. Extra alternatives for increasing financial cooperation are primarily linked to the event of commercial cooperation between the 2 international locations.
Financial cooperation between Uzbekistan and Tajikistan has demonstrated regular constructive dynamics; nevertheless, the potential of bilateral relations stays solely partially realized. This was said as we speak by Khurshed Asadov, Deputy Director of the Middle for Financial Analysis and Reforms (CERR), through the worldwide scientific and sensible convention “Uzbekistan – Tajikistan: New Prospects for Alliance and Regional Cooperation”, held in Tashkent.
In response to the professional, relations between the 2 international locations have reached a qualitatively new degree in recent times. Cooperation, bolstered by agreements on strategic partnership and allied relations, has created an institutional basis for the energetic growth of financial ties.
In response to CERR estimates, mutual commerce between Uzbekistan and Tajikistan elevated 3.8 occasions throughout 2017-2025, rising from $238 mln to $912 mln. Throughout the identical interval, Uzbekistan’s exports grew 3.7 occasions, whereas imports from Tajikistan elevated greater than fourfold.
As we speak, Tajikistan ranks amongst Uzbekistan’s key regional companions, occupying ninth place among the many international locations importing Uzbek merchandise.
On the identical time, present indicators mirror solely a part of the attainable potential of financial interplay. In response to CERR estimates, mutual commerce may improve by a further 30-40% solely by way of the substitution of Tajikistan’s imports from third international locations with merchandise manufactured by Uzbek producers.
The professional emphasised that geographical proximity, a shared border, and well-developed transport connections create favorable circumstances for deepening commerce relations. Specifically, important prospects stay for increasing Uzbekistan’s industrial exports, together with cars, family home equipment, textile merchandise, and chemical items.
On the identical time, appreciable potential additionally exists within the sphere of commercial cooperation. In response to the professional, some of the promising cooperation fashions may contain the institution of joint processing services in border areas, significantly centered on the processing of agricultural uncooked supplies and the event of agrologistics facilities.
Asadov additionally famous that additional growth of transport infrastructure and the enlargement of transit alternatives in Central Asia may function a further driver of financial integration.
As emphasised by the Deputy Director of CERR, the present degree of allied relations between Uzbekistan and Tajikistan creates the inspiration for transitioning to a deeper mannequin of financial cooperation, centered on joint investments, industrial cooperation, and the event of regional infrastructure, which may develop into an necessary consider strengthening financial connectivity and selling the event of Central Asia.
For reference: The worldwide scientific and sensible convention “Uzbekistan – Tajikistan: New Prospects for Alliance and Regional Cooperation” was organized by the Worldwide Institute for Central Asia (IICA). The occasion introduced collectively representatives of presidency establishments, the diplomatic corps, and professional and tutorial communities from each international locations. Contributors mentioned the present state and prospects for creating trade-economic, funding, and humanitarian cooperation between Uzbekistan and Tajikistan.