UK-Uzbekistan Cooperation

Economic relations between the two countries are improving every year, but still have a huge potential for development.

Trade statistics provided by the Ministry of Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan for 2015 is as follows:

 

January-December 2015

January-June 2016

Trade Turnover

105.7 million USD

59.2 million USD

Export from Uzbekistan

32.8 million USD

24.6 million USD

Import to Uzbekistan

72.9 million USD

34.6 million USD

By the end of 2015 there were 564 companies with British capital operating in diverse sectors of the Uzbek economy; 164 companies with 100% British capital were registered and 82 representative offices were accredited in Uzbekistan.

The main opportunities that might be of interest to the UK companies are:

- Sale of equipment within the framework of Uzbekistan’s modernization programme

- Infrastructure development: consultancy, legal, inspection and certification services

- Tenders by the Government and International Organizations: equipment, services