Rakmatulla Nazarov
MINSK, 9 March (BelTA) – The goal of increasing bilateral trade between Uzbekistan and Belarus to $2 billion is entirely achievable, Ambassador Extraordinary and Plenipotentiary of Uzbekistan to Belarus Rakmatulla Nazarov told journalists following a meeting with Belarusian President Aleksandr Lukashenko in Minsk on 9 March, BelTA has learned.
The diplomat noted that areas of mutual interest for both countries were identified during Aleksandr Lukashenko’s visit to Uzbekistan in 2024. At that time, the task was set to boost mutual trade to $1 billion, and according to the Uzbekistan’s side, in 2025 the countries came very close to reaching this mark. “Now we are talking about increasing trade to $2 billion in the near future. And this is entirely possible, because you have many products that are in demand in our domestic market. Likewise, the products we manufacture are in demand here in Belarus,” Rakmatulla Nazarov said. “We have big ambitions to raise our relations to an even higher level.”
The ambassador emphasized the feature of the trade and economic relations between the two countries: they do not compete but rather complement each other.
According to the diplomat, nuclear energy is a promising area for cooperation between the two countries. Uzbekistan is currently preparing for the construction of a nuclear power plant in Forish District of Jizzakh Region. The project is planned to be implemented in cooperation with the Russian state nuclear industry corporation Rosatom.
“Belarus has achieved significant success in this area,” the diplomat emphasized. “Of course, the experience that the Belarusian side has already gained is very valuable to us.”
In particular, the organization, arrangement, and development of a town for nuclear specialists, using the example of Belarusian Ostrovets where the nuclear power plant operates, is of special interest. “This is very important for our working group. I sincerely hope that in the near future the working group will visit Belarus and study the experience of the Belarusian side directly on site,” Rakmatulla Nazarov said.
According to data from the Belarusian side, trade with Uzbekistan in 2025 grew by nearly 35%, reaching $855 million. Meanwhile, exports of Belarusian goods increased by almost 42%, to $686 million.
Positive dynamics in trade and economic cooperation continue into the beginning of 2026. In January 2026, trade amounted to approximately $74 million, which is more than 70% higher than the figures for the same period in 2025.
Belarus mainly supplies beef, timber, petroleum products, pharmaceuticals, milk and cream, tractors, particle board and fiberboard to Uzbekistan. In turn, imports from Uzbekistan primarily consist of steel rolled products, cotton yarn, grapes, knitted fabrics and clothing, liquid pumps, dried fruits, and mixtures of nuts and dried fruits.
The trade in services is also growing. In 2025, it increased by 56.1% compared to 2024, amounting to $207.9 million. There are 229 organizations registered in Uzbekistan whose founders are residents of Belarus.
Follow us on:
