On March 5, a series of events dedicated to strengthening trade, economic and investment cooperation between Uzbekistan and Latvia took place in Tashkent. As part of the Latvian delegation’s visit, negotiations were held between the Minister of Investment
2026-03-05 09:00:00 / News
The parties discussed the current state and future prospects of cooperation, development of industrial cooperation, expansion of transport and logistics corridors between Central Asia and the European Union, as well as collaboration in digital technologies, agriculture and education. Bilateral trade reached $273.2 million in 2025, and both sides confirmed their intention to increase it to $500 million in the medium term.
Following the events, a Memorandum on restoring the activities of the Uzbekistan-Latvia and Latvia-Uzbekistan Business Cooperation Councils and an Action Plan to strengthen economic cooperation were signed. B2B meetings were also held, resulting in agreements to develop joint projects in logistics, industry, agriculture and the digital economy.