Uzbekistan economy
The number of product categories with customs preferences under the Preferential Trade Agreement has risen from 12 to 20.
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Uzbekistan and Türkiye have agreed to broaden their Preferential Trade Agreement to develop bilateral trade and increase trade volumes.
At a Joint Working Group meeting co-chaired by Uzbekistan’s Deputy Minister of Investment, Industry and Trade Akram Aliyev and Türkiye’s Deputy Trade Minister Mustafa Tuzcu, a protocol was signed adding eight new product categories. The agreement now covers 20 categories instead of 12, with preferential tariffs varying by product group.
The new categories were chosen based on the structure of the two countries’ imports and exports, and the sides agreed to expand the list further in future.
The step is expected to make it easier for companies to access each other’s markets and to support the $5 billion annual trade target set by the two countries’ leaders.
Uzbekistan economyIn the first eight months of 2026 foreign trade grew 7.6% to $57.4 billion. A programme of up to $5 billion with the AIIB, new logistics hubs and energy projects are opening up opportunities.
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Uzbekistan economyAs of 1 July, 20,502 foreign-invested companies were operating. Türkiye ranks third with 2,293 companies.
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Uzbekistan economyUnder the draft, foreign tour operators could sell packages to Uzbek citizens only through a licensed local operator or by setting up a legal entity in the country.
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