By 2025, trade turnover between Uzbekistan and Tajikistan has exceeded $700 million, according to Tajik Finance Minister Fayziddin Qahhorzoda, speaking at a regional cooperation seminar.
Qahhorzoda noted that regional companies are increasingly entering neighboring markets, and cross-participation of private capital is becoming a key trend in Central Asia.
Tajikistan's trade turnover with Central Asian countries surpassed $2 billion in 2025, accounting for over 20% of the country's total foreign trade.
The minister highlighted cooperation with Uzbekistan, stating that bilateral trade exceeded $700 million, representing more than 23% of Tajikistan's foreign trade.
In January of this year, trade volume with Uzbekistan exceeded $200 million, growing by nearly 12%. The leaders of both countries have set a target to increase trade turnover to $2 billion by 2030.
Qahhorzoda emphasized that an economic cooperation system has been established between the two countries, including joint ventures, mutual investments, digital financial services, industrial cooperation, and new production chains.
Over 400 companies with Tajik capital operate in Uzbekistan, while more than 160 companies with Uzbek investors are registered in Tajikistan.
As a successful example, the minister cited Alif, a company developing digital financial services and electronic payments in Uzbekistan, which ranks second in revenue in its sector in the country.
Another example is the Artel Avesto Electronics project in Tajikistan, which produces household appliances, creates jobs, and expands production capacity.
To support business cooperation, the Uzbekistan-Tajikistan Investment Company was established with a capital of over $50 million.
Qahhorzoda also discussed regional projects with international financial institutions, including the CASA-1000 energy project worth $1.2 billion, which will transmit over 1,400 MW of electricity from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan.
The REMIT program, approved by the World Bank, aims to create the first regional electricity market in Central Asia.
Under the fourth phase of the Central Asia Regional Connectivity Program, over $130 million has been allocated for Tajikistan to develop cross-border road routes and modernize customs infrastructure.
The minister expressed hope that Tajikistan would achieve energy independence next year, partly thanks to the Rogun hydropower plant project.
Qahhorzoda noted that rising logistics costs and vulnerability of international trade routes particularly affect landlocked countries.
He stressed the importance of developing guarantee mechanisms and risk-sharing tools to support the private sector.
In conclusion, the minister stated that Central Asia could become not just a transit zone but an independent center for production, processing, trade, and digital services.
Source: www.gazeta.uz