Economic cooperation between Ashgabat and Tashkent has reached a new level: bilateral relations have moved from one-off projects and declarations to systematic industrial cooperation, trade expansion, and consistent investment ties. This was reported by the Orient news agency.

This course is supported by regular inter-governmental dialogue and concrete infrastructure decisions.

The institutionalisation of cooperation was confirmed by the meeting of the Joint Inter-governmental Commission in July 2025, which confirmed the priorities for the development of key economic sectors.

The basis for consistent growth is the legal framework: agreements on long-term trade and economic cooperation, investment protection and the avoidance of double taxation create transparent conditions for business and encourage private sector participation.

The effectiveness of this framework is reflected in the growth of trade turnover: from $209 million in 2016 to $1.148 billion in 2024. Turkmenistan supplies fuel, chemical products and lubricants, while imports from Uzbekistan in January-October 2025 grew by 23.7%, including finished products, services and machinery.

The ‘Shavat-Dashoguz’ border trade zone speeds up deliveries, reduces transaction costs and turns the region into a business and logistics centre. In 2024, freight traffic reached 1.11 million tonnes, with transit growing by almost 40%. Industrial and transport cooperation is becoming an independent direction: 200 enterprises with Turkmen capital operate in Uzbekistan.

Further prospects include the development of industrial clusters, logistics centres, agro-industrial projects and new investment mechanisms. The partnership is forming a sustainable regional model that strengthens economic security and the role of countries in trade and transit chains.