Synopsis: Uzbekistan and Kuwait agree to reactivate the bilateral Intergovernmental Commission in autumn 2026 and expand cooperation in trade, investment, infrastructure, banking, healthcare, and agriculture while preparing to host a joint business forum in Uzbekistan.
Uzbekistan and Kuwait have agreed to strengthen bilateral economic cooperation by reactivating their Intergovernmental Commission and expanding collaboration across trade, investment, and infrastructure development. The decision was reached during a meeting between Uzbekistan's Minister of Investment, Industry, and Trade, Laziz Kudratov, and Kuwait's Ambassador Extraordinary and Plenipotentiary to Uzbekistan, Turki Khalid Hamad Al-Mikrad.
The discussions focused on practical measures to increase bilateral trade and create new opportunities for businesses in both countries. The two sides explored strategies to promote Uzbek products in the Kuwaiti market, organise joint business missions and exhibitions, and facilitate closer engagement between their respective business communities. They also reviewed ongoing efforts to strengthen economic ties through increased commercial exchanges and investment cooperation.
A key outcome of the meeting was the agreement to revive the bilateral Intergovernmental Commission, which serves as a platform for advancing cooperation across multiple sectors. Both countries confirmed that the third session of the commission will be held in Uzbekistan during the autumn of 2026. Officials expect the meeting to accelerate the implementation of joint initiatives and provide greater momentum to bilateral economic relations.
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The two sides also discussed preparations for an upcoming Uzbek-Kuwaiti Business Forum, which is expected to bring together government representatives and private sector stakeholders to identify new investment opportunities and strengthen business partnerships. The forum will focus on expanding commercial engagement and encouraging collaboration between companies from both countries.
Several priority sectors were identified for future joint investment projects, including banking and financial services, agriculture, healthcare, pharmaceuticals, manufacturing, and the services sector. Both governments expressed interest in encouraging private sector participation to support sustainable economic growth and diversify bilateral cooperation.
Another important area of discussion was collaboration with the Kuwait Fund for Arab Economic Development. The two sides explored opportunities to secure financial support for strategic infrastructure and logistics projects in Uzbekistan, which are expected to improve connectivity, facilitate trade, and enhance the country's economic development.
The meeting reaffirmed the shared commitment of Uzbekistan and Kuwait to deepen their economic partnership through increased trade, investment, and institutional cooperation. By reactivating the Intergovernmental Commission and advancing new business initiatives, both countries aim to create a stronger framework for long-term collaboration and unlock new opportunities across key sectors of their economies.