High-Level Council Established Between Turkey and Uzbekistan

A new cooperation mechanism has been implemented to develop economic and commercial relations between Turkey and Uzbekistan. Established by the agreement signed on October 29, 2026, the High-Level Council for the Support of the Business World aims to raise the trade volume between the two countries to 5 billion dollars in the first stage and to 10 billion dollars in the medium term.

The agreement regarding the High-Level Council for the Support of the Business World, established to strengthen trade and investment relations between Turkey and Uzbekistan, was signed on October 29, 2026, by President Recep Tayyip Erdoğan and President of Uzbekistan Shavkat Mirziyoyev. The new mechanism aims to accelerate joint projects by improving cooperation in the fields of trade and investment.

The High-Level Council for the Support of the Business World will operate under the co-chairmanship of Turkey's Vice President Cevdet Yılmaz and the Head of the Presidential Administration of Uzbekistan. Joint trade and investment projects will be addressed in meetings planned to be held at regular intervals, and coordination between public institutions and business organizations will be increased.

The Ministry of Trade announced that it will support the council's work to develop economic relations between the two countries, increase partnerships between their business communities, and achieve trade targets. Alongside the trade volume targeted to reach 5 billion dollars in the first stage and 10 billion dollars in the medium term, the new mechanism is projected to set an exemplary model by strengthening public-private sector cooperation.