Turkey, Uzbekistan level up ties to comprehensive strategic partnership

Turkish companies’ investments in Uzbekistan have reached $1.5 billion

Turkey and Uzbekistan have leveled up bilateral ties to a comprehensive strategic partnership, Recep Tayyip Erdoğan said, expressing the countries’ target to increase the current $3.6 billion bilateral trade volume to $10 billion, Qazet.az reports.

“As a result of our meetings, we raised the relations between our countries to the level of comprehensive strategic partnership,” Erdoğan said at a news conference alongside Uzbek President Shavkat Mirziyoyev on March 29.

The total trade volume exceeded $3.6 billion with an increase of nearly 72 percent last year, he said, noting the two countries set a one-year target of $5 billion for 2022.

“Then, we will not stop there, we will raise the level to $10 billion with the joint steps we will take later,” Erdoğan added.

The president recalled that Turkey was the first country to recognize Uzbekistan’s independence and open an embassy in Tashkent and emphasized strong relations based on common history, culture, language and faith.

The two countries signed 10 agreements, including a Preferential Trade Agreement, during Erdoğan’s visit.

Stating that Turkish companies’ investments in Uzbekistan have reached $1.5 billion, Erdoğan said that contracting companies have successfully completed 241 projects worth $5 billion in the country so far.