Relations between Türkiye and Uzbekistan have undergone a remarkable transformation in recent years. Bilateral relations, which were once driven by rhetoric centered on cultural affinity and political solidarity, are now increasingly grounded in concrete economic foundations.
The Türkiye-Uzbekistan Business Forum, held in Tashkent on June 16 as part of the 5th International Tashkent Investment Forum, marked the latest stage in this transformation. Chaired by Trade Minister Ömer Bolat and Uzbekistan’s Deputy Prime Minister and Minister of Economy and Finance, Jamshid Kuchkarov, the forum signalled a new phase aimed at deepening the economic dimension of the strategic partnership built between Ankara and Tashkent in recent years.
The economic liberalization policies launched by Uzbekistan’s President Shavkat Mirziyoyev following his accession to office have significantly enhanced the country’s capacity to attract foreign investment. In particular, the new legal framework established for foreign investors, industrial modernization projects and regional connectivity initiatives has transformed Uzbekistan into one of Central Asia’s most dynamic economies.
During this process, Türkiye has emerged as one of the key partners in Uzbekistan’s integration into the global economy. Indeed, the fact that Türkiye has ranked among the top countries investing in Uzbekistan over the past two years is a concrete indication of this trend.
