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Reading: Presidents of Kazakhstan & Uzbekistan meet to consolidate financial partnership for steady Central Asia
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PhreeNews > Blog > World > Business > Presidents of Kazakhstan & Uzbekistan meet to consolidate financial partnership for steady Central Asia
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Business

Presidents of Kazakhstan & Uzbekistan meet to consolidate financial partnership for steady Central Asia

PhreeNews
Last updated: November 19, 2025 3:00 pm
PhreeNews
Published: November 19, 2025
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Kazakh President Kassym-Jomart Tokayev and Uzbek President Shavkat Mirziyoyev consolidated the quickly increasing Kazakh-Uzbek partnership through the second assembly of the Supreme Interstate Council in Tashkent on November 15 eyeing to steady and affluent Central Asia.

The 2 Presidents recognized new priorities for deepening cooperation throughout commerce, trade, transport, water and vitality administration, digital improvement, and cultural trade, underscoring the elevated standing of bilateral ties as a strategic partnership and alliance.

Each Presidents highlighted the significance of accelerating multifaceted cooperation within the context of worldwide uncertainty. Tokayev famous that in bilateral talks, they recognized concrete areas for increasing political, financial, and sectoral collaboration.
Commerce remained a key precedence. The Presidents reaffirmed their willpower to extend bilateral commerce turnover to $10 billion by 2030. Tokayev careworn the necessity to diversify traded items, broaden non-resource exports, and guarantee energetic work of mechanisms such because the newly fashioned Council of Regional Heads, the Enterprise Council, and the joint buying and selling firm UzKazTrade.

Each Presidents emphasised the necessity to optimize tariffs, streamline procedures, and modernize border infrastructure. Tokayev careworn that governments should proceed decreasing regulatory and logistical obstacles to strengthen provide chains.

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The Presidents mentioned joint efforts to develop the Trans-Caspian Worldwide Transport Route (TITR), the North–South hall, and transit routes by way of Afghanistan. Tokayev invited Uzbekistan to take part in tasks on the Aktau and Kuryk ports to strengthen cooperation inside the Trans-Caspian route and develop new logistics capacities.Water and vitality cooperation was a key subject, particularly as each nations face rising challenges in managing shared water sources. Tokayev known as for a coordinated strategy to water administration and proposed that each governments put together systemic measures to harmonize water insurance policies.Tokayev additionally highlighted increasing cooperation in uncommon earth metals, proposing {that a} newly established working group develop concrete suggestions for mutually useful cooperation in extraction and processing.

Digital transformation was one other key space. Kazakhstan is advancing an formidable nationwide digitalization agenda, together with the launch of the Alem.ai worldwide heart, the institution of a specialised analysis college, and the deployment of a nationwide supercomputer. Tokayev invited Uzbek corporations to deepen cooperation in synthetic intelligence and digital applied sciences, noting the profitable instance of collaboration between Astana Hub and IT Park Uzbekistan.

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TAGGED:AsiaCentralconsolidateEconomicKazakhstanMeetpartnershipPresidentsstableUzbekistan
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