Uzbekistan and Georgia discussed increasing bilateral trade to $1bn, developing the Trans-Caspian transport route and expanding cooperation in several economic sectors during the 11th meeting of the Intergovernmental Commission on Economic Cooperation, held on October 12 in Tsinandali, Georgia. The meeting was co-chaired by Uzbekistan's Minister of Investments, Industry and Trade, Laziz Kudratov, and Georgia's Deputy Prime Minister and Minister of Economy and Sustainable Development, Mariam Kvrivishvili.
During the meeting, the parties discussed expanding bilateral trade with a target of $1bn and making use of the free trade regime. The discussions also covered the implementation of joint initiatives in industry, construction, agriculture, energy and finance. Prospects for further industrial cooperation between the two countries were also considered.
Particular attention was paid to developing the Trans-Caspian transport route and establishing an Uzbek logistics center at Georgia's Port of Poti. The first pilot shipment of products to Europe has already been carried out from the port. The development of the route and the logistics center was among the main areas of cooperation discussed during the meeting.
The parties also considered opportunities to expand air services between Uzbekistan and Georgia. Other topics included tourism development and strengthening interregional ties between the two countries. The next meeting of the Intergovernmental Commission on Economic Cooperation is scheduled to take place in Tashkent Region in spring 2027.