Tajikistan and Uzbekistan aim to triple bilateral trade by 2030

Tajikistan and Uzbekistan plan to nearly triple bilateral trade to 2 $ billion by 2030, up from more than 700 $ million recorded at the end of 2025, Tajik Finance Minister Faiziddin Qahhorzoda said.
Speaking at a regional seminar in Tashkent on connectivity, private investment, and trade, Qahhorzoda described economic cooperation between the two neighbors as one of Central Asia’s most successful examples of regional integration, according to Gazeta.uz.
«The trade turnover between Uzbekistan and Tajikistan exceeded 700 $ million by 2025,» the minister said, adding that the two countries’ leaders have set a target of increasing that figure to 2 $ billion by the end of the decade.
According to Qahhorzoda, economic ties between the two countries have expanded beyond trade to include joint ventures, mutual investment, industrial cooperation, and digital financial services.
More than 400 companies with Tajik capital are currently operating in Uzbekistan, while Tajikistan hosts over 160 businesses with Uzbek investment.
Among successful examples of cross-border business, the minister highlighted Tajik fintech company Alif, which operates in Uzbekistan’s digital payments market, and Artel Avesto Electronics, an Uzbek-backed household appliance manufacturer based in Tajikistan.
To support new investment projects, the two countries have established the Uzbek-Tajik Investment Company with authorized capital of more than 50 $ million. The fund is expected to finance projects in manufacturing, agricultural processing, logistics, and small and medium-sized businesses.
Qahhorzoda also said Tajikistan’s trade with all Central Asian countries exceeded 2 $ billionin 2025, accounting for more than 20% of the country’s total foreign trade.
As of July 1, 2026, Tajikistan had 112 companies with Kazakh capital, 42 with Kyrgyz investment, and 12 with Turkmen participation, reflecting growing cross-border business activity across the region.
The minister also highlighted several regional infrastructure initiatives supported by international financial institutions, including the CASA-1000electricity transmission project, which will export surplus summer hydropower from Tajikistan and Kyrgyzstan to Afghanistan and Pakistan.
He also pointed to the World Bank-backed REMIT program, approved in January 2026, which aims to establish Central Asia’s first regional electricity market, as well as the fourth phase of the Central Asia Regional Links Program, under which Tajikistan will receive more than 130 $ millionto upgrade cross-border roads and modernize customs infrastructure.
Qahhorzoda said closer regional cooperation, improved transport links, and greater private investment would help Central Asian economies become more resilient and position the region as not only a transit corridor between Europe and Asia but also a center for manufacturing, trade, and digital services.
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