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Uzbekistan, Germany eye enhanced partnership as trade turnover rises

GenevaTimes by GenevaTimes
June 17, 2026
in Europe
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Uzbekistan, Germany eye enhanced partnership as trade turnover rises

BAKU, Azerbaijan, June 17. Uzbekistan and
Germany are focused on expanding comprehensive industrial
cooperation and trade relations, following a steady economic upward
trend that saw bilateral trade turnover exceed $1.4 billion.

This was reflected in the statement by the press service of the
Uzbek president.

The cooperation framework was announced during high-level talks
between Uzbek President Shavkat Mirziyoyev and German Federal
President Frank-Walter Steinmeier at the Kuksaroy Presidential
Palace in Tashkent.

“The current visit of the Federal President of Germany will open
a new stage in the development of Uzbek-German relations and will
contribute to the further expansion of mutually beneficial
cooperation across the entire spectrum of the bilateral agenda,”
the press service noted.

According to the Uzbek presidency, trade between the two nations
has increased by another 5% since the beginning of this year, while
the volume of German investments into Uzbekistan’s economy reached
$2 billion over the past year. The leaders highly commended the
outcomes of the Days of German Economy and the 10th meeting of the
German-Uzbek Business Council held in Tashkent in May, which
yielded a package of new investment and trade agreements worth over
$1 billion. The heads of state reaffirmed their mutual interest in
deepening long-term cooperation across several strategic vectors,
including the green economy, transport, logistics, renewable
energy, and advanced manufacturing.




Furthermore, the bilateral briefing focused heavily on the
expansion of educational and humanitarian links between the two
countries.

“An important step in the development of educational cooperation
was the signing last week of an agreement with a consortium of
German universities to open the Uzbek-German University of Applied
Sciences in Samarkand,” the official statement underscored, adding
that over 400,000 young people are currently studying the German
language in Uzbekistan.

The state leaders welcomed the launch of new joint initiatives
in the automotive and chemical industries and expressed strong
support for the upcoming “Central Asia – Germany” multilateral
platform event to address broader regional economic
synchronization.

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