Tashkent, Uzbekistan (UzDaily.com) — On 7 February, Tashkent hosted events aimed at enhancing Uzbek-Mongolian trade, economic, and investment cooperation.

As part of the program, Deputy Prime Minister of Uzbekistan Jamshid Khodjayev met with Deputy Prime Minister of Mongolia Sainbuyan Amarsaikhan to discuss the current state and future prospects of bilateral relations, focusing on trade growth, investments, and industrial collaboration.

By the end of 2023, trade turnover between the two countries had increased by nearly 50%, maintaining a positive trend in 2024. Key exports include passenger cars, food products, and electrical equipment.

During the first session of the Intergovernmental Commission, both sides heard reports from relevant ministries and agencies, reviewed the progress of joint projects, and outlined responsibilities and deadlines for their implementation.

The business agenda continued with a business forum and an inaugural meeting of the Uzbek-Mongolian Business Council, attended by over 150 representatives from major companies of both nations.

The event featured presentations on Uzbekistan’s investment opportunities, as well as the signing of several bilateral agreements, including an education partnership between Tashkent State Agrarian University and Mongolian University of Life Sciences.