TASHKENT, Uzbekistan, March 9. Trade turnover
between Uzbekistan and Latvia reached $273.2 million in 2025, and
the two countries aim to increase the figure to $500 million in the
medium term, Trend
reports via Uzbekistan’s Ministry of Investment, Industry and
Trade.
The announcement was made during negotiations between
Uzbekistan’s Minister of Investment, Industry and Trade Laziz
Kudratov and Latvia’s Minister of Transport Atis Švinka, held as
part of the Latvian delegation’s official visit to Uzbekistan.
The program of the visit also included the 9th meeting of the
Uzbekistan-Latvia Intergovernmental Commission and the
Uzbekistan–Latvia Business Forum, attended by representatives of
government institutions and the business community from both
countries.
During the discussions, the parties reviewed the current state
of bilateral cooperation and outlined prospects for its further
expansion. Particular attention was given to strengthening
industrial cooperation, expanding transport and logistics corridors
between Central Asia and the European Union, and enhancing
collaboration in digital technologies, agriculture, and
education.
Meanwhile, on March 4, 2026, First Deputy Minister of Transport
of Uzbekistan Mamanbiy Omarov held a separate meeting with Latvia’s
Minister of Transport and Co-Chair of the Intergovernmental
Commission Atis Švinka. The sides discussed the development of
Uzbek–Latvian cooperation in the transport and logistics sector,
exchanged views on priority areas, and identified opportunities for
expanding practical cooperation between the two countries.