India and Uzbekistan Set $5 Billion Trade Target and Elevate Ties
· World · Times of India, Bloomberg, India Today
Prime Minister Narendra Modi announced that India and Uzbekistan have elevated their relationship to a Comprehensive Strategic Partnership during delegation-level talks at the Kuksaroy Presidential Palace in Tashkent. The two leaders set a bilateral trade target of $5 billion by 2030, building on current figures that have crossed $1 billion. Prime Minister Modi stated that Uzbekistan sits at the heart of Central Asia and India's regional engagement. The discussions covered expanded cooperation in digital public infrastructure, artificial intelligence, critical minerals, clean energy, space, and nuclear energy, alongside a long-term arrangement for uranium supplies from Uzbekistan. Both nations also formalized three sister-city and sister-state arrangements to strengthen bilateral ties.
Why it matters
The upgraded partnership opens new avenues for trade, energy security, and technology collaboration between India and Central Asia, directly impacting manufacturing, energy, and defense sectors in both countries.
Read the original report — Times of India
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