India, Uzbekistan push state to state co-operation to boost economic ties

India and Uzbekistan have decided to promote interregional cooperation between their respective states with an eye on improving overall economic partnership.

Measures to intensify interregional cooperation, in particular, between the Andijan region of Uzbekistan and the Gujarat state of India, were studied when Deputy Prime Minister – Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov met Indian envoy Manish Prabhat.

In addition, opportunities were considered for establishing direct interaction between the Uzbekistan’s Fergana region and Haryana, the cities of Bukhara and Hyderabad, as well as Tashkent and New Delhi, bearing in mind the implementation of joint projects and programs in the investment, trade and cultural-humanitarian spheres.


The meeting also touched upon the financial-technical cooperation. The two sides welcomed the allocation of $448 million by Eximbank of India to finance the implementation of priority projects in Uzbekistan in the areas of infrastructure development and education, and agreed to work together on the practical implementation of these projects. It was also agreed that work on the development for projects in the areas of IT, healthcare and education under Indian grants will be accelerated.

On the occasion MoUs were signed between the Indian Embassy in Uzbekistan and the Ministry of Investments and Foreign Trade of Uzbekistan regarding the allocation of grant funding for the implementation of the project “Creation and equipping of a new metrological laboratory in the Republican Scientific Specialized Allergy Center”, as well as the project “Equipping secondary schools in the Syrdarya region of Uzbekistan with computer devices”.

The two sides have also decided to push Agreement on Preferential Trade and the Agreement on the Encouragement and Mutual Protection of Investments. The Uzbek side welcomed the initiative to create a joint Working Group on trade-economic issues.