Uzbekistan and Georgia target USD 1 billion in bilateral trade, with plans to expand industrial cooperation, investment and tourism while developing the Trans-Caspian route and an Uzbek logistics centre at Georgia’s Port of Poti.
Uzbekistan and Georgia have set a target of increasing bilateral trade to USD 1 billion, while exploring opportunities to expand investment, strengthen transport connectivity and develop joint projects across key economic sectors. The plans were discussed during the 11th meeting of the Uzbekistan-Georgia Intergovernmental Commission on Economic Cooperation, held in Tsinandali, Georgia.
The meeting was co-chaired by Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov, and Georgia’s Deputy Prime Minister and Minister of Economy and Sustainable Development, Mariam Kvrivishvili. Both sides discussed ways to make better use of the existing free trade regime, diversify traded products and strengthen commercial links between businesses in the two countries.
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Bilateral trade reached approximately USD 270 million in 2025, highlighting the scope for further expansion. To achieve the USD 1 billion target, the countries plan to develop joint initiatives in industry, construction, agriculture, energy and finance. They also discussed opportunities to strengthen industrial partnerships, promote mutual investment and establish closer connections between manufacturers and retail businesses.
Transport and logistics emerged as major priorities, particularly the development of the Trans-Caspian International Transport Route, which connects Central Asia with the South Caucasus and European markets. The countries discussed establishing an Uzbek logistics centre at Georgia’s Port of Poti to facilitate cargo handling and improve access to international markets.
The logistics initiative has already reached an initial operational stage, with the first pilot shipment of Uzbek products to Europe dispatched through the port. The facility is expected to support exporters by improving cargo consolidation and strengthening transport links through Georgia. The route also offers landlocked Uzbekistan an additional pathway to reach European markets through the Black Sea.
The two governments also explored expanding air connectivity, promoting tourism and strengthening cooperation between their regions. These efforts are intended to complement trade and investment initiatives by improving business engagement and facilitating people-to-people exchanges.
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The next meeting of the Intergovernmental Commission on Economic Cooperation is scheduled to take place in Uzbekistan’s Tashkent Region in spring 2027. Both countries will continue working on measures to advance the trade target and implement agreed economic initiatives.