Trade between Turkey and Uzbekistan grew from $ 1.2 billion to $ 3.5 billion, especially under the influence of the development of a new stage of relations that began after 2016.
According to data collected by M, Türkiye and Uzbekistan, based on general historical and cultural ties, strengthen their economic relations, contributing to regional stability.
The dynamics of relations between Uzbekistan and Turkey, which have been in stagnation for a long time, has radically changed after the visit of President Recep Tayyip Erdogan in Samarkand in November 2016.
During the meetings with the President of Uzbekistan, Shavkat Mirziyoyev, President Erdogan voiced goals to achieve a trade turnover of $ 5 billion at the first stage, and then $ 10 billion.
After the visit, the relationship between the two countries intensified, opening a new era. After that, in bilateral relations, rapid growth was observed. Bilateral trade, which amounted to $ 2.2 billion in 2016 increased, reached $ 2.1 billion in 2020, $ 3.1 billion in 2023 and $ 3.5 billion in 2024.
Türkiye with a share of 5% became 4th largest a trading partner of Uzbekistan. In addition, Türkiye occupies one of the first places among countries in the number of created companies in Uzbekistan.
“The most important thing is to increase the level of relations between Turkey and Uzbekistan to the level of” comprehensive strategic partnership “” “
Associate Professor Dr. Nurgul Bekar, who completed his academic research at the Tashkent University of Tobb ETü and returned to Turkey last month, in an interview with Anadola noted that relations between Turkey and Uzbekistan are fraternal relations based on a historical and sociocultural basis.
Pointing to the general ethnic roots of the two countries, Bekar said: “The relations of these two countries professing one religion and speaking close languages began to develop with renewed vigor, especially with the coming to power of Mr. Shavkat Mirziyoyev.”
Bekar emphasized that the most important change over the past ten years was an increase in the level of relations between Turkey and Uzbekistan to the “comprehensive strategic partnership” and the creation of the necessary mechanisms of cooperation in this context, and noted the following: “Thus, it became possible to develop direct and mutual relations in political, economic, cultural, defense, tourist and many other regions. The fundamental factors strengthen the connections between the two countries are the general historical and cultural heritage, and, therefore, close acquaintance and solidarity between the peoples of the two fraternal countries. “