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Georgia and Uzbekistan aim to raise trade to $1 billion

Gürcüstan və Özbəkistan ticarəti 1 milyard dollara çatdırmağı hədəfləyir
— Foto: AnewZ - Latest

The countries plan to increase annual trade from $267.6 million in 2025 to $1 billion, but have not said when they expect to meet the target.

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Georgia and Uzbekistan aim to raise annual trade to $1 billion. Trade between the two countries totaled $267.6 million in 2025.

Georgia’s Economy Minister Mariam Kvrivishvili announced the target on October 12 after the 11th meeting of the Intergovernmental Commission on Economic Cooperation, held in Georgia. She co-chaired the meeting with Uzbekistan’s Investment, Industry and Trade Minister Laziz Kudratov.

Kudratov also met with Georgian Prime Minister Irakli Kobakhidze. The sides discussed transport, logistics and the planned Anaklia deep-sea port.

Trade growth target

Trade between the two countries has yet to approach the new target. It rose to $326 million in 2024 before falling to $267.6 million in 2025. The $1 billion goal is more than three times the 2024 record and about four times the 2025 figure.

Officials have not set a specific deadline for meeting the target, saying only that they hope to achieve it “in the near future.”

Georgia had a trade surplus with Uzbekistan in 2025, exporting goods worth $190 million, mainly medicines. Uzbekistan’s exports to Georgia totaled $77 million.

Kvrivishvili said the plan aims not only to increase overall trade but also to expand exports of Georgian products.

Middle Corridor and transport links

Improving transport links is a key part of the trade growth plan. Georgia lies at the western end of the Middle Corridor, which connects Central Asia with Europe via the Caspian Sea, Azerbaijan and the Black Sea. The route bypasses Russia.

For landlocked Uzbekistan, the Middle Corridor offers an alternative route to international export markets. Kvrivishvili said Georgia wants to join the China-Kyrgyzstan-Uzbekistan transport route, which is under construction, and strengthen the region’s links with Europe and other markets.

Georgia is modernizing its railway network to handle growing freight traffic. Its annual capacity is expected to increase from 15 million to 29 million tonnes by 2029.

The planned Anaklia deep-sea port on the Black Sea coast is also expected to play an important role. Kvrivishvili stressed that the project matters not only to Georgia but to all countries along the Middle Corridor.

The commission meeting also addressed opportunities to expand cooperation in investment, tourism and business. Georgia plans to explore the possibility of adding direct flights between the two countries.

The meeting concluded with the signing of a joint protocol. Georgian officials said the existing strategic partnership agreement creates new opportunities for political dialogue and economic cooperation.

Reaching the $1 billion target will depend on increasing railway capacity, developing the Anaklia port and improving connections along the Middle Corridor. Future trade figures will show the results of these infrastructure plans.

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